Oil, Gas & Petroleum Energy Management - Courses, Colleges and Careers

Since every company needs management at all levels, the postgraduate Master of Business Administration program is very common. Management of market operations has been specialised and narrower in scope in a number of domains. The crucial area of petroleum and energy management is one such domain. This specialty focuses on the management of energy companies, as its name suggests. This area has tremendous potential for growth and expansion in India, a country with inadequate energy generation and supply infrastructure. Many colleges and universities that teach this specialty use a combination of traditional and unconventional teaching methods.

Career Scope

After completing a specialization in this aspect of business management, students could enter institutions or companies in the following sectors,

1. Power Distribution

2. Oil Marketing

3. Power Generation

4. Oil Exploration

5. Power Transmission

6. Energy/Power Infrastructure

7. Financing/Manufacturing

8. Energy Sector Consulting Services

9. NGOs

10. Other Government Agencies

Topics covered in this course

The course is usually two years long and is divided into four semesters of equal length.

First Semester

1. business communication and negotiation skills

2. economics and management decisions

3. organizational behaviour

4. fundamentals of oil and gas business

5. petroleum industry accounting

6. fundamentals of petroleum exploration

7. IT applications in the petroleum sector

Second Semester

1. human resource management

2. marketing management

3. research methodology and applied statistics

4. operations and material management

5. natural gas business

6. petro economics

7. fundamentals of refining

8. petroleum financial management

Third Semester

1. business policy and strategy

2. retailing

3. international business management

4. econometrics

5. supply chain and logistics for the petroleum industry

6. financing petroleum sector projects

7. project management and contract administration

Fourth Semester

1. e-enterprises

2. oil and gas law and policies.

3. project or dissertation

4. internships

Top Colleges/Institutes for MBA in Petroleum and Energy Management

Some institutes that offer an MBA in Petroleum and Energy Management, MBA in Oil and Gas Management or MBA in Energy Management are listed below:

No. College/Institutes

1 University of Petroleum and Energy Studies - Dehradun

2 Management Development Institute - Gurgaon

3 Rajiv Gandhi Institute of Petroleum Technology - Rae Bareli

4 Great Lakes Institute of Management - Gurgaon

#petroleum #gas #oil #career