Kanhaiya Kumar
Table of Contents
MBA in Petroleum and Oil Gas Management
MBA Petroleum and Oil Gas Management are one of the most sought-after courses among students; we have included the Top 5 Colleges Offering MBAs in Oil, Gas, Petroleum, Energy, and Infrastructure below, along with many other important details, read below:
What is an MBA in Petroleum and Oil Gas Management? MBA in oil and gas management is a two-year postgraduate degree that combines business administration skills with the oil and gas management sector. It is a premium course degree that provides appropriate earnings in terms of income and exposure. This fuel-based sector is always growing since the need for naturally occurring fuels and their extraction is worldwide and ongoing.
A master’s degree in business administration in oil and gas management is a burgeoning sector with a wide range of experience and job prospects. The oil and gas business is one of India’s premium industries, and it is frequently ranked first since resources connected to oil and gas management are utilized on a daily basis by every industry in the world. Because oil and gas are the universal sources of fuel and energy, it is essential to study this field as a recognized subject. Oil and gas management necessitates an understanding of the fundamental principles behind the development, extraction, use, and conservation of this very important source of energy, as well as how it might be exploited to its full potential.
Combining Oil and Gas management abilities with an MBA often entails aligning one’s talent in utilizing this discipline and stream by using individual creativity and knowledge to boost the production and efficiency of this resource. The demand for this degree stems from the fact that this is a rare and precious mineral that is naturally formed and is utilized by a variety of companies for a variety of processes. Keeping an eye on its creation and using it to its utmost capacity has therefore become critical in the current economic environment of India and the globe.
MBA Oil and Gas Management Course Highlights
| MBA Oil and Gas Management Course level | Post-graduation |
| MBA Oil and Gas Management Full form | Masters of business administration in oil and gas management |
| MBA Oil and Gas Management Duration | Two years |
| MBA Oil and Gas Management Examination type | Offline and Semester wise |
| MBA Oil and Gas Management Admission process | Graduation and qualifying for CAT and CMAT |
| MBA Oil and Gas Management Eligibility | Graduation (engineering) or BSC degree in Physics chemistry and mathematics and a two-year work experience |
MBA in Petroleum and Oil Gas Management Quick Questions
Q. Can I pursue an MBA in Oil and Gas Management in another country?
Ans. Yes, you may pursue an MBA in Oil and Gas Management in nations such as the United States, the United Kingdom, Australia, Germany, Canada, and others. Duke University Fuqua School of Business, Haas School of Business, Rice University: Jones Graduate School of Business, University of Edinburgh Business School, Imperial College Business School, and others are among the top overseas institutions where students may pursue this degree.
Q. What is the admissions procedure for an MBA in Oil and Gas Management?
Ans. The admission procedure for an MBA in Oil and Gas Management differs per institution. Having stated that, the general admissions procedure for the program is as follows: Applying to institutions that offer this program Official paperwork and academic transcripts must be submitted. Submission of entrance test results and application for PI&GD Having to pay the academic fee (if selected)
Top Colleges for MBA in Petroleum and Oil Gas Management
Check the list of top five colleges in India offering MBA in Oil, Gas, Petroleum, Energy, and Infrastructure.
Top MBA Colleges in Oil, Gas, and Petroleum in India: Fuel is an essential component of human civilization. Fuel is an essential component of our life, whether it be fossil fuel or renewable energy. The oil, gas, and energy industries are continually evolving in search of more fuel-efficient ways and renewable energy sources. This ever-expanding and developing industry, like any other, requires effective management. Full-time MBA programs with concentrations in Oil and Gas or Petroleum and Energy meet the requirement for the energy and fuel business.
Top MBA Colleges in Oil, Gas, Petroleum, Energy, and Infrastructure in India
Nearly 5,000 MBA institutes in India provide various specialized degrees. Oil, Gas, Petroleum, Energy, and Infrastructure management are among the specializations evaluated by a select number of applicants who have past expertise or are interested in the subject. The following are the top five MBA programs in Oil, Gas, Petroleum, Energy, and Infrastructure in India:
- University of Petroleum and Energy Studies (UPES): The University of Petroleum and Energy Studies (UPES) was founded in 2003 to provide a variety of petroleum and energy-related courses. With the development of the education sector, UPES currently offers courses in Law, Design, Modern Media, Liberal Studies, and other areas.
- Pandit Deendayal Energy University (PDEU): Pandit Deendayal Energy Institution (PDEU), originally known as Pandit Deendayal Petroleum University (PDPU), was founded as a private university by GERMI in 2007. PDEU has a campus of 100 acres in Gandhinagar, Gujarat. PDEU provides courses in Engineering and Liberal Studies in addition to MBA programmes with a focus on Energy.
- Rajiv Gandhi Institute of Petroleum Technology (RGIPT): The Rajiv Gandhi Institute of Petroleum Technology, Amethi was founded in 2007 by the Government of India’s Ministry of Petroleum and Natural Gas. RGIPT, with a 47-acre campus, is one of the premier institutions for education in petroleum and energy specializations. RGIPT, being a national institution, is one of the top alternatives for students seeking a degree in the Petroleum and Energy Management field. The institution is supported by major corporations like as ONGC, IOCL, GAIL, BPCL, and HPCL.
- Great Lakes Institute of Management, Gurgaon: Great Lakes Institute of Management, Gurgaon was founded in 2010 with AICTE and AIU permission. The institution has a campus in Chennai in addition to one in Gurgaon.
- Management Development Institute, Gurgaon: The Management Development Institute in Gurgaon was founded in 1973. The institution was founded with the intention of training managers. In 2006, MDI Gurgaon became the first Indian B-school to be accredited by the Association of MBAs (AMBA) in London. The AICTE and NBA have approved the institute’s management program.
Why Study MBA in Oil and Gas Management?
Those who are interested in pursuing an MBA in oil and gas management will find that it is a growing and promising field. This training program was developed with the sole goal of providing the most current technology and information to this industry for the purpose of maximizing efficiency and production and delivering the highest possible industrial output. Obtaining a master’s degree in business administration with a focus on oil and gas management not only guarantees substantial financial advantages, but also provides in-depth training in the processes involved in oil and gas development, extraction, and distribution.
Gaining entry into some of the most prestigious schools and companies in India and beyond is a key benefit of earning this degree. Indian Oil, Reliance Petrochemical, ONGC, Gail, and foreign firms Maersk Oil and Bourbon Gulf, Qatar Gas, and others are among the most prominent employers in the region.
MBA Oil and Gas Management Admission Process
Admission into MBA in oil and gas management is required the following criteria
- By qualifying 10+2 with 50 percentile from a recognized board
- Graduation in Engineering or a BSC degree with physics chemistry and mathematics as main subjects
- Candidates who have acquired a minimum of two-year experience are usually given preference
MBA Oil and Gas Management Entrance Exam
Examinees taking the CAT to seek admission to elite business schools are subjected to 100 multiple-choice questions covering three distinct sections: quantitative aptitude, verbal ability and reading comprehension, and logical reasoning and data interpretation.
CMAT is a nationwide exam that lasts three hours and includes questions from subjects such as (Quantitative Techniques & Data Interpretation).
- Logical Reasoning
- Language Comprehension & Verbal Ability
- General Awareness) and the pattern is generally of multiple choice questions.
GMAT or graduation management test
- GMAT is conducted to get admission in MBA programs globally and consists of the following topics as Analytical Writing Assessment, Integrated Reasoning, Quantitative, Verbal
- Verbal, Quantitative, Integrated Reasoning, Analytical Writing Assessment
- Quantitative, Verbal, Integrated Reasoning, Analytical Writing Assessment
Candidates are required to pay a fee online and reserve their slots. Later, they are instructed to go to their respective test center and give the test. Results are also announced within the next two weeks.
Important dates for the entrance examination
MBA Oil and Gas Management Top Colleges
The top colleges and universities that provide MBA in Oil and Gas Management along with the admission process and tuition fee are mentioned below:
| Name of the college | Annual Tuition fee |
|---|---|
| University of petroleum and energy studies Dehradun | Rs 70000 |
| Indian Institute of Business Studies Bangalore | Rs 7 Lakhs |
| Academy of Maritime Education and Training University Chennai | Rs 3 Lakhs |
| Great Lakes Institute Gurgaon | Rs 2,40000 |
| New Delhi Institute of Management New Delhi | Rs 362500 |
| Rajiv Gandhi Institute of Petroleum Technology Rae Bareli | Rs 200000 |
| Sir Padampat Singhnia University Udaipur | Rs 200000 |
MBA Oil and Gas Management Scope
MBA in oil and gas management is a valuable education with several chances in different industries. They are listed below:
- The most significant purpose of this degree is to give a steady employment environment; this business is constantly changing and in high demand. As a result, this sector guarantees job stability and provides the finest in this respect.
- Oil and gas are naturally occurring substances that are critical for humanity because they are essential fuels and their usage and consumption are eternal. As a result, the need to study and conserve these fuels is growing, and more and more skilled personnel are needed to study and provide insight into this expanding sector.
- As previously said, oil and gas management is a critical worldwide resource. As a result, this degree is widely recognized and provides exciting work opportunities to persons seeking job security in another country. Because this degree is comprehensive and careful in its current understanding of extraction and distribution, applicants may be certain of their excellent work and competence wherever they go.
- A candidate may work in a variety of shipping yards and sectors, as well as consultants and analysts, to give essential information on how these naturally occurring fuels might improve our future and how they can be exploited to their maximum potential.
- Candidates may also work as leading educators and educators at famous institutions in India and abroad. The rapid expansion of this industry has also contributed to a rise in the need for professors and lecturers who are well-versed in the important skills and knowledge of this topic in order to further educate aspiring candidates interested in this profession.
- Oil and gas organizations like Indian Oil and Maersk Oil, as well as Qatar Gas and Reliance, provide high-quality positions to assure effectiveness and incentives to keep their workers happy and satisfied.
- MBA in oil and gas management is a broad field that includes several chances in top strategic organizations and business programs. One may always be hired as a key person to do significant study and analysis in order to increase the productivity of the company with which they work.
- Candidates may also work for government-run enterprises such as the shipping and mining sectors, where they can advance to substantial management and executive positions.
MBA Oil and Gas Management Syllabus
This degree is of two years duration divided into four semesters. The syllabus is as follows.
Semester I
- Economics & Management Decisions
- Financial management
- Marketing management
- Quantitative techniques for marketing management
- Operation and materials management
Semester II
- Human resource management
- Customer relations management
- Project management and contract administration
- Strategic management of technology and innovation
- Research Methodology
Semester III
- Understanding the oil and gas business
- Understanding the natural gas business
- Understanding petrochemical business
- Fundamentals of petroleum refining
- Fundamentals of petroleum exploration
Semester IV
- Business policy and strategy
- Petroleum law and policy
- Petroleum retailing business
- Dissertation
Frequently Asked Questions About MBA in Petroleum and Oil Gas Management
Q. Who Is the Highest Paid MBA in India?
Ans. Highest MBA Salary In India: Top Colleges
| Name of Institutes | Highest Package(LPA) |
|---|---|
| SPJIMR Mumbai | INR 63 LPA |
| IIM Ahmedabad | INR 72 LPA |
| XLRI Jamshedpur | INR 43 LPA |
| IIM Bangalore | INR 65 LPA |
Q. What exactly is an MBA in oil and gas management? Is it worthwhile?
Ans. Yes. It is worthwhile. MBA in oil and gas management is a two-year postgraduate program that teaches critical administrative skills in the oil and gas business.
Q. What is the average income for an MBA in petroleum management?
Ans. In India, the typical MBA Oil and Gas Management route rate is about INR 3 – 20 LPA.
Q. How long does an MBA in oil and gas management take?
Ans. MBA in oil and gas management is a two-year postgraduate degree that combines business administration skills with the oil and gas management sector. It is a premium course degree that provides appropriate earnings in terms of income and exposure.
Q. Which institution is the best for an MBA in oil and gas management?
Ans. As previously said, the colleges included in this article are the finest in their respective fields and provide the most up-to-date curriculum and syllabus.
Q. What is the tuition for an MBA in oil and gas management?
Ans. This degree costs between Rs 1-4 lakhs per year in tuition.
Q. What is the value of an MBA in oil and gas management?
Ans. Because every sector is important and offers a service in its own right, this degree assures the employment of trained personnel to address natural fuel management issues. Because fuels are necessary naturally occurring substances, it is critical to research, extract, and consume them with caution; hence, this degree is valuable in this area of employment.
Q. What is the curriculum for this degree?
Ans. The most recent curriculum is listed above in the article and is also broken into semesters for convenience.
Q. What if I pursue a traditional MBA degree? Will I be able to get work in this industry?
Ans. MBA in oil and gas management is a specialist degree; hence, pursuing this specialty expressly to boost your chances of being employed by prominent oil and gas firms is recommended.
