MBA (Power Management)
-
2 Years
-
Post Graduate
-
Management
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Full Time
2 Years
Post Graduate
Management
Full Time
(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
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.
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:
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:
(7).
FAQs
(1). What is an MBA in Power
Management?
(2). What is the average fee for the course
MBA in Power Management?
(3). What is the duration of the
course MBA in Power Management?
(4). What are common entrance exams
for MBA in Power Management?
(5). What is the scope of an MBA in
Power Management in India?
(6). What are the activity profiles
after MBA in Power Management?
(7). What is the employment repute
after MBA in Power Management?
(8). Name some of the top colleges for
an MBA in Power Management.
(9). Who are the top recruiters for
MBA in Power Management?
(10). Can an MBA in Power Management be
done from a distance?
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