MBA (Power Management): Courses, Admission, Syllabus, Colleges, Eligibility, Entrance Exam, Career Scope and Salary

  • course years 2 Years
  • type of course Post Graduate
  • course stream Management
  • course type Full Time
Written By universitykart team | Last Updated date Oct, 09, 2024

(1). About the Course

MBA in Power Management is a Postgraduate degree. The length of the path is two years. It is software created for the knowledge, management and powerful usage of energy assets. This path is a department of engineering collectively with the control and management of Power Management. The minimum eligibility criteria for this course is that the candidate is required to complete a bachelor’s degree in any discipline most preferably in Power engineering with a minimum aggregate of 50% or above from a recognized institute.  The bachelor’s degree should not be less than 3 years.

Power manufacturing is one of the maximum vital components of the improvement and boom of a nation. Keeping this in mind, the government, in addition to non-public gamers of the energy manufacturing industry, has commenced encouraging training to educate folks that want to pursue a profession within the energy improvement and control domain.

MBA in Power Management is a brand new area of commercial enterprise education, however, the route is in call for technical graduates who need to foray into energy technology control and different comparable profiles.MBA in Power Management prepares the aspirants to remedy problems associated with the power industry and tackle the challenges associated with the spectrum of production, transmission, and energy distribution.

In order to pursue MBA in Power Management, the candidate is needed to seem for the doorway take a look at consisting of CAT, XAT, GMAT, GATE, etc. These are combined tests for several universities. The candidates are required to score a valid score and should come within the cut-off range.

The common route price for this route is around INR 1,00,000- 6,00,000 for the whole duration. Some of the top colleges are the University of Petroleum and Energy Studies, NIT Graduate School of Management, Prestige Institute Of Management and Research, etc.

Post finishing touch of this course, the candidate can work as a Project Manager, Operations Manager, Commodity Trader, Research Analyst, etc. Candidates can work in both the private sector or public sector or even public sector undertakings such as NTPC, NHPC, Essar OIls, Reliance Industry, etc.

Course Highlights

Given below are a few of the important highlights of the MBA in Power Management program.

Particular Value
Course Name Master of Business Administration in Power Management
Course Level Post Graduate
Course Duration 2 years
Eligibility Criteria Graduation with a minimum of 50% marks in the relevant stream
Age No Age Limit
Examination Type Semester based
Admission Process Entrance/Merit-based
Entrance Exam CAT, GMAT, CMAT, MAT, etc
Average Annual Fee INR 2,00,000-20,00,000
Average Annual Salary INR 4,00,000-15,00,000
Employment Areas Public Sector Undertakings
Job Profile Engineering Manager, Technician, Project Manager, Service Maintenance Manager, Power Consultant, Power Auditor, Power Market Reporter, Power Trader, Industrial Engineer, Production Manager
Top University MDU Rohtak, NPTI Faridabad

Why Study MBA in Power Management?

Power Management is one of the maximum crucial matters in the world. The world cannot subsist without it. It is also one of the integral parts of all industries and sectors. The scope of Power Engineering and Power Management could be very well-sized and extensive. Some of the blessings of pursuing an MBA in Power Management are stated for your reference:

(1). Helps in developing new skills

This course helps in the development of new skills and abilities which are required to excel in the profession. These skills will teach candidates how to manage and make effective utilization of resources.

(2). International Opportunities

 After a few years of service, candidates can get a chance to work internationally. Since most of the Public Sector undertakings have their bases internationally, candidates can get transferred there and work on even much higher salaries.

(3). Future Prospects

Power Management has a very wide scope in terms of career. After completing Power Management, The candidate can work in several public sector undertakings such as NTPC, NHPC, Reliance Industries, Hindustan Petroleum, Indian Oil, etc. They can work as Business analysts, Research analysts, Commercial Managers, EPC Managers, etc.

(4). High Salary

Candidates after completing MBA in Power Management can earn a starting salary range between INR 3,25,000-8,00,000 per annum. Whereas candidates with more than 5 years of experience can earn between INR 16,00,000 per annum. The highest salary can go up to INR 40,00,000 per annum.

(2). Admission Process

MBA in Power Management admission is quite simple and easy. The universities observe the device of entrance-primarily based totally admissions, in which few schools may have a spherical of private interviews also.

The admission process with respect to admission through exams varies from college to college. Online and offline facilities are both available for the students. The college students are guided to test the university internet site to get precise information.

Types of MBA in Power Management Courses

Aspirants can pursue the MBA in Power Management path in full-time, part-time, and additionally distance mode. Below are the styles of MBA in Power Management publications in detail:

(1). Distance

The distance-time MBA in Power Management course is provided by many colleges and universities. This course is basically for students who are working professionals or job people. The course is considered anywhere anytime.

(2). Full-Time

The full-time MBA in Power Management course duration is for 2 years, and the students have to attend regular lectures, submit assignments, and write the examination on the college campus.

(3). Part-Time

The part-time MBA in Power Management course is designed for students who cannot attend regular classes. Part-time Diploma course either held on the weekend, online, or at night.

Eligibility Criteria

(i). Students applying for this course must have a Bachelor’s degree or any equivalent from a recognized university.
(ii). There is a common entrance exam for MBA applicants in the performance of which students are admitted to the colleges.
(iii). Some of the colleges hold their own eligibility test.

Accepted Entrance Exams

Entrance exams are the basic test process to check the capability of the students who want to take admitted to the respective course. There are many entrance exams that are conducted from time to time as per the academic session. Students can also find out the exact MBA in Power Management course details by researching online.

Listed below are some of the popular exams:

MAT CAT
CMAT XAT
SNAP GMAT
UPES MET XLRI

Skills Required

Every sector requires a unique skill set from the people associated. The prior control of these skills increase the hiring and blending chances of the individual. Some of the most common skills needed in the Power Management sector are listed below:

Strategic Planner Adapt Market Changes
Quick Analysis and decision making Learning Aptitude
Quantitative Analysis Skills Decision-making Skill
Problem-solving skill Interpersonal Skills

Fee Structure

MBA in Power Management fees is not fixed and depends on many factors. Some of the factors which affect the fees include location, faculty, demand, infrastructure, and the facilities available to the students. The average course fee in India is around INR 92,000-15,00,000 PA.

Name of College Average Annual Fee(INR)
Institute of Management, NIRMA University, Ahmedabad INR 4,40,000
NIT GSM, Nagpur INR 1,50,000
UPES, Dehradun INR 6,80,000
Shri Krishna University, Madhya Pradesh INR 57,000

Selection Criteria

The choice method for the MBA in the Power Management direction in India is generally identical no matter the specialization. Generally, as soon as the utility for the route is received, faculties determine the final choice of the applicants primarily based totally on the marks acquired through them with inside the front exams. Additionally, the advantage acquired with the aid of using the applicants of their undergraduate stages additionally performs a critical role.

(3). Course Comparison

MBA in Power Management v/s MBA in Human Resources

MBA in Power Management is a two-year-long postgraduate degree and is typically catered to students interested in and inclined toward power strategies and management. The table below showcases the differences between MBA in Power Management and MBA in Human Resources:

Parameter MBA in Power Management MBA in HR
Course Name Master of Business Administration in Power Management Master of Business Administration in Human Resources
Course Overview MBA in Power Management is a Postgraduate degree. The length of the path is two years. It is software created for the knowledge, management, and powerful usage of energy assets. This course is a branch of engineering together with the management and administration of Power Management. An MBA in Human Resources, or HRM, is a two-year degree program that provides guidance and direction on how to recruit and manage the right people.
Course Duration 2 years 2 years
Eligibility Bachelor’s degree in any stream with 50% aggregate Bachelor’s degree in any stream with 50% aggregate
Course Stream Management Human Resources
Entrance Exams CAT, NIFT, NATA, and JEE Advanced CAT, XAT, GMAT, SNAP, NMAT, CMAT
Average Annual Fees INR 92,000-15,00,000 INR 1,00,000-17,00,000
Top Colleges IGNOU, LPU Xavier Labor Relations Institute (XLRI), Indian Institute of Management (IIM)Ranchi, Management Development Institute

(4). Top Colleges

In India, there are greater than a hundred schools that provide MBA in Power Management guides and different associated guides. Some of the pinnacle faculties in India are stated below:

Name of College Average Annual Fee(INR) Location
Suresh Gyan Vihar University INR 4,00,000 Jaipur
JG University INR 2,34,000 Ahmedabad
National Power Training Institute INR 2,50,000 Faridabad
Woxsen technology INR 7,25,000 Hyderabad
Shri Krishna University INR 50,000 Chattarpur
New Horizon College of Engineering INR 5,00,000 Bangalore
NIT Graduate School of Management INR 1,56,000 Nagpur
Kirsan’s Mission Institute of Management INR 90,000 Maharashtra
University of Petroleum and Energy Studies INR 6,86,000 Dehradun
Greater Noida Institute of Technology INR 3,42,000 Greater Noida
Dr. Sarvepalli Radhakrishnan College of Business Management INR 1,23,471 Nagpur
BML Munjal University INR 5,80,000 Gurugram
Prestige Institute Of Management and Research INR 1,19,500 Indore
Mangalayatan University INR 90,000 Jabalpur

Top City-wise MBA in Power Management Colleges in India

Below is the list of the top city-wise MBA in Power Management Colleges in the country:

Name of City Name of College
Bangalore Jain University
Christ University
TAPMI
Jagdish Sheth School of Management

Mumbai Prabhakar Patil Education Society Institute of Management Studies
Rajeev Gandhi College of Management Studies
IES MCRC
New Delhi Adianta School for Leadership and Innovation
IGNOU
LBSIM
Fore School of Management
DMS IIT Delhi
Kolkata Academy for Professional Excellence
IMI
IIM Calcutta
Eastern Institute of Management
Swami Vivekananda Institute of Management and Computer Science
Pune National Institute of Bank and Management
SIBAR
International School of Management Studies
ADYPU
IBS
Chennai VIT University
Great Lakes
XIME
SSN School of Management

Top MBA in Power Management Government & Private Colleges

There are several top Government Colleges offering quality programs across the country. Check the table below for the top MBA in Power Management in government & private colleges in India:

Type of College Name of College
Government Institute of Management Studies, BHU
IIM Bangalore
Faculty of Management Studies, Delhi
JBIMS Mumbai
Pune University (PUMBA)
Private Jain University
Christ University
LPU, Jalandhar
IFMR University, Chennai
IMNU Ahmedabad

(5). Job & Placements

Power Management is a department that makes a specialty of problems like growing energy consumption, sustainable energy production, etc. The forms of problems are prominent, and to address these, the enterprise calls for educated specialists who're accurate at studies and improvement technologies.

Job Profile

Some of the most common job profiles are listed below with their job descriptions to help aspirants analyze the sector better.

Job Profile Job Description
Service Maintenance Engineer A Service Maintenance Engineer is consulted for all of the technical info and different subjects concerning the strength operations. They compare the challenge approaches and calculate the chance factors.
Production Manager They are responsible for the technical support, supervision, and control of industrial processes. They look after the manufacturing and production of power.
Technician A Technician guarantees the determined quantity of electricity transmission bureaucracy to the powerhouse. They hold in tune with the performance and strength era of the transmission equipment.
Engineering Manager The responsibilities of an Engineering Manager include planning and executing power operations and assisting their team in carrying out the power plan.
Industrial Engineer The task of an Industrial Engineer could be very crucial. They are chargeable for the overall performance assessment of the present strength techniques. They additionally layout and expand new strategies for the field.
Senior Project consultants The post of Senior Project Consultant accounts for managing power projects at a higher level. They supervise and provide consultancy to multiple power projects at a time.
Project Manager A Project Manager is the pinnacle of strength operations accomplished on the neighborhood level. They are liable for the right estimation and scheduling of energy projects. They also write project-related reports for the officials and government records.

Top Recruiters

With a rise in power consumption, there is a very high demand for trained professionals in the industry. Various government and private organizations conduct the recruitment process fairly regularly.

Aspirants can easily look for these opportunities and get a chance to work at reputed firms. Some of the firms prefer freshers to provide a different insight, a list of the top recruiters in Power management is given below:

Neyveli Lignite Corporation Bihar State Power Holding BHEL
Reliance Industries CLP Power Ministry of New Renewable Energy
Suzlon Energy Damodar Valley Corporation National Thermal Power Corporation
Technip Essar Oil Adani Enterprises
Ministry Of Power GAIL Ministry of Petroleum and Natural Gas
National Power Corporation of India

Employment Areas

There is a wide range of MBA Power Management graduate jobs in all personal and public sectors. Students who take this path are not limited to their region, which is associated with a multitude of jobs, once they have started their studies. With many specializations, management is versatile.

Concerning the previous academic background the personal choice and the ability of the student toward a particular Program, there exists a suitable plan for nearly every candidate choosing the MBA in Power Management course.   Some of the regions of recruitment are:

Carbon Financing Market Power Resource Management
Clean Energy Development Mechanism Power Project Planning And Financing
Power Trading Power Generation

Average Salary

The salary package of any job is the chief component to tell the scope of the course. The table below can help students to get an idea about the job profiles and average annual income in the sector. The mentioned amount might differ in companies and on factors like job experience and university of graduation.

Job Role Average Annual Salary(INR)
Engineering Manager Rs. 8,00,000-11,00,000
Service Maintenance Engineer Rs. 5,00,000-8,00,000
Senior Project consultants Rs. 6,00,000-10,00,000
Technician Rs. 4,00,000-5,00,000
Industrial Engineer Rs. 6,50,000-9,00,000
Production Manager Rs. 7,00,000-9,00,000
Project Manager Rs. 6,00,000-8,50,000

(6). Career/Scope

The power Management sector is the heart of all industrial areas from automobile manufacturing to the textile industry, and the power management sector is significant. In the upcoming years, the power demand is estimated to increase at a substantial rate. The Power Management sector is booming with opportunities for not only experienced professionals but freshers with proper qualifications to be given a chance at high-package jobs.

Students having an MBA degree in Power Management can apply for jobs in fields like energy development programs, power sector law regulation, and clean energy initiatives. Students can plan a sturdy and promising profession with process satisfaction. In addition to a handsome salary, professionals in government organizations also get job incentives such as job security and retirement pension.

Career options after MBA in Power Management Course

Many jobs are to be had for MBA in Power Management graduates. As the arena has come to be a virtual world, there are masses of professional possibilities that are awaiting graduates. Some of the best jobs listed below have the best packages.

(i). Service Maintenance Engineer
(ii). Industrial Engineer
(iii). Production Manager
(iv). Engineering Manager
(v). Technician
(vi). Project Manager

Scope of Power Management in India and Abroad

The strength control zone performs a sizeable function inside the financial system of India without delay and indirectly. In 10 years, India's electricity quarter is anticipated to pass the 300GW benchmarks and make it a completely promising subject for college kids pursuing Power Management Courses.  The control diploma inside the route is surprisingly desired by students, however, the Power Management route is relatively much less explored.

Aspirants with an MBA diploma have sufficient professional possibilities in each authority and non-authorities sector. And with the growing headaches in electricity consumption and electricity delivery at some stage in the globe, the employment fee is in all likelihood to grow in the approaching years. Some of the most important domains of the power sector recruiting professionals include power economics, electricity distribution laws, and power resource management.

And with a beginning revenue starting from Rs.3,50,000-9,00,000 consistent with annum, specialists with subject experience can earn as much as Rs.15,00,000 in line with annum at reputed firms. The availability of employment in foreign places is likewise a great component of this course. '

Scope for Higher Education

Students can pursue many specializations under MBA. There are also many higher study options available for graduate students after an MBA in Power Management degree, which can help them better understand the subject.

Also, gaining more education can help students pursue a career in research if they are interested in it. Listed below are some of the popular higher education options available for students:

(i). Ph.D.
(ii). CRMA
(iii). CFA
(iv). FRM

Skills that make you the Best Graduate

There are many complex and soft skills that graduates need to possess to succeed in their careers. These are not necessarily skills that students can get in a classroom setting. Instead, these are skills that are learned through experience.

Therefore, students should always put in the effort to go out of their comfort zone and gain as much experience as possible. Some of these skills include:

(i). Analytical Skills
(ii). The Ability to Work Under Pressure
(iii). Interpersonal Skills
(iv). Quantitative Analysis Skills
(v). Research Skills

(7). FAQs

(1). What is an MBA in Power Management?

Ans. MBA in Power Management is a Postgraduate degree. The length of the path is two years. It is software created for the knowledge, management, and powerful usage of energy assets. This path is a department of engineering collectively with the control and management of Power Management.

(2). What is the average fee for the course MBA in Power Management?

Ans. The average fee for MBA in Power Management is INR 4,50,000 per year.

(3). What is the duration of the course MBA in Power Management?

Ans. MBA in Power Management is a 2-year course.

(4). What are common entrance exams for MBA in Power Management?

Ans. Some of the common entrance exams are:

(i). CAT
(ii). GMAT
(iii). XAT
(iv). XLRI

(5). What is the scope of an MBA in Power Management in India?

Ans. After completing MBA in Power Management, the candidates get a lot of opportunities in different organizations, companies, and NGOs. They make sure that all the business activities are performed and due compliance is made. Candidates can get the chance to work as a project manager, NGO Manager, Environmental Finance Manager, etc.

(6). What are the activity profiles after MBA in Power Management?

Ans. Some of the popular job profiles after an MBA in Power Management are:
(i). Project Manager
(ii). Production manager
(iii). Supervisor
(iv).Service Maintenance Engineer

(7). What is the employment repute after MBA in Power Management?

Ans. Students who have an MBA degree from a renowned university can observe every personal and public sector. There are numerous domain names apart from the principles electricity sector. Private organizations across the globe provide good employment options for freshers with a high salary package job. Students interested in research and development have a very high success rate in their careers.

(8). Name some of the top colleges for an MBA in Power Management.

Ans. Some of the top colleges for an MBA in Power Management are:
(i). The University of Petroleum and Energy Studies
(ii). New Horizon College of Engineering
(iii). Dr. Sarvepalli Radhakrishnan College of Business Management
(iv). National Power Training Institute

(9). Who are the top recruiters for MBA in Power Management?

Ans. Some of the top recruiters for an MBA in Power Management are
(i). Reliance Industries
(ii). Essar oil
(iii). Adani Enterprises
(iv). Technip India

(10). Can an MBA in Power Management be done from a distance?

Ans. Yes, it can be done from a distance but it is preferred that it should be done from a regular as candidates will not get enough exposure.

Student Also Visited

National Power Training Institute - (NPTI, Faridabad)
Faridabad,
UPES Centre for Continuing Education, Dehradun
Dehradun,
Dr. Sarvepalli Radhakrishnan College of Business Management (DSRCBM, Nagpur)
Nagpur,
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