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MBA in Oil and Gas Management is a two-year postgraduate programme spread across four semesters, focusing on laws, policies, strategies, and petroleum retail management. Eligible candidates must hold a bachelor’s degree, with admissions through exams like CAT, MAT, SNAP, CMAT, XAT, or GMAT. The course in Oil and Gas Management provides specialised knowledge of the petroleum and energy sectors. The programme is also available online or via distance learning, offering flexibility and cost-effectiveness. Graduates can pursue careers in consultancy, marketing, and managerial roles within the energy and petroleum industries.
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MBA in Oil and Gas Management prepares students with specialised knowledge of the petroleum and energy sector, focusing on management, operations, and strategic decision-making. Graduates can pursue careers in retail, operations, analytics, and supply chain roles within top energy companies. Below are the key highlights of the course.
Particulars | Values |
---|---|
Degree Name | MBA in Oil and Gas Management |
MBA Oil and Gas Management Course Type | Postgraduate |
MBA Oil and Gas Management Course Duration | 2 years |
MBA Oil and Gas Management Entrance Exams | CAT, CMAT, MAT, XAT, CMAT |
MBA Oil and Gas Management Eligibility Criteria | Bachelor’s degree from a recognised institute in India |
MBA Oil and Gas Management Admission Process | Entrance test |
MBA Oil and Gas Management Fees for the entire duration | Rs. 2 Lakhs to Rs. 19.36 Lakhs |
MBA Oil and Gas Management Average Salary | Rs. 6.50 LPA |
MBA Oil and Gas Management Job Profiles | Retail Manager, Operations Manager, Business Analyst, Financial Analyst, Supply Chain Manager |
MBA Oil and Gas Management Top Recruiters | Indian Oil, ONGC, Reliance, L & T, HPCL, GAIL, BPCL, Essar |
The eligibility criteria for an MBA in Oil and Gas Management is determined by the governing body of the governing bodies of the institute. The minimum required marks and entrance examinations may vary based on the eligibility criteria set by each university. The table below is the general eligibility for an MBA in Oil and Gas Management, generally followed by the majority of business schools.
Particulars | Eligibility Parameters |
---|---|
Educational Qualification | Bachelor's degree from a recognised institute in India |
Aggregate score requirement | 50 per cent aggregate score (5-10 per cent relaxation for reserved category applicants) |
Work Experience | Some colleges may require prior work experience of 1-2 years |
The majority of B-schools follow a similar admission procedure for MBA courses. Candidates who have successfully met the eligibility requirements can apply for admission. Business schools generally have a strict screening procedure. Listed below is the admission process for an MBA in Oil and Gas Management.
Step 1- Eligibility Criteria- Only eligible candidates will be allowed admission. Therefore, before applying for admission, candidates should meet the eligibility requirements of the course.
Step 2- Application Form- Candidates can find the application form on the official website of the provider. They must fill out the application form carefully and verify it before submission. Students can also visit the admission office of the institute to get the admission form.
Step 3- Entrance exam- The Entrance examination is one of the most important stages of the admission procedure. CAT, MAT, CMAT, SNAP, and NMAT are popular entrance examinations.
Step 4- Cutoff- After the declaration of the examination results, the institutes release the cutoff score. Based on the cutoff score, a merit list is prepared, and students will be allotted colleges.
Step 5- Group Discussion and Personal Interview- Apart from entrance examinations, students also need to appear for group discussions and personal interviews conducted by the institutes.
Step 6- Pay the course fees and submit relevant documents- Shortlisted candidates are required to pay the tuition fees and all the required documents to the colleges.
Entrance exams play a pivotal role in securing admission to various courses offered nationwide. Below, we have outlined MBA oil and gas management entrance exams, providing admission to top management colleges in India.
Exam Name | Conducting Body | Exam Pattern |
---|---|---|
Indian Institute of Management Lucknow | ||
All India Management Association (AIMA) | ||
National Testing Agency | ||
Xavier School of Management | ||
Graduate Management Admission Council | ||
Graduate Management Admission Council | - |
The MBA in Oil and Gas Management cutoff is determined by factors like seat availability, number of applicants, and exam difficulty. Colleges publish their cutoffs on official websites, which must be met for admission. Reserved category candidates often have lower cutoffs compared to the general category, especially in public institutions.
Divided into four semesters, the MBA in oil and gas management curriculum provides in-depth knowledge of business understanding, along with issues and processes related to the oil and gas industry. The course combines theoretical and practical education, followed by a thesis in the last semester as well. The following table highlights the MBA in oil and gas management subjects taught at UPES Dehradun.
In the first year of Oil and Gas Management, students gain a foundation in management principles, economics, finance, marketing, operations, and project management. They also learn quantitative techniques, strategic decision-making, and research methodology, preparing them to analyse and manage business operations within the energy and petroleum sectors effectively.
Semester 1 | Semester 2 |
---|---|
Economics & Management Decisions | Human Resource Management |
Financial Management | Customer Relationship Management |
Marketing Management | Project Management & Contract Administration |
Quantitative Techniques for Management Applications | Strategic Management of Technology & Innovation |
Operations & Material Management | Research Methodology |
The second-year curriculum focuses on specialised knowledge of the oil, gas, and petrochemical industries. Students study petroleum refining, exploration, natural gas business, and retail operations. They also cover petroleum law, policy, and strategic management, along with dissertation work, preparing them with skills for managerial and consulting roles in the energy and petroleum industry.
Semester 3 | Semester 4 |
---|---|
Understanding Oil & Gas Business | Business Policy & Strategy |
Understanding Natural Gas Business | Petroleum Law & Policy |
Understanding Petrochemical Business | Petrol Retailing Business |
Fundamentals of Petroleum Refining | Dissertation |
Fundamentals of Petroleum Exploration | - |
The fee for an MBA in Oil and Gas Management varies across institutions, including tuition, admission, and other academic charges. Public colleges generally have lower fees than private ones, though exceptions exist. Factors such as college reputation, facilities, placement records, and location influence the cost. The average fee for this course is around Rs. 2–19.36 lakhs.
An MBA in oil and gas management offers promising career prospects. It prepares students with skills in energy economics, project management, and strategic planning. Job opportunities include roles in energy companies, consulting, and government agencies. The scope depends on the industry's health and global energy trends. For candidates interested in higher studies, a Ph.D. is also an available option.
After graduating with an MBA in petroleum management, candidates can pursue careers in various sectors. Due to the need for energy sources, a career in the petroleum industry is rewarding. Below are some of the MBA in Oil and Gas Management top job roles candidates can opt for, along with their average salaries:
Job Profiles | Job Description | Average Salary |
---|---|---|
Retail Managers, also known as Store Managers, are responsible for managing staff, resources, sales, and inventory. They are also responsible for recruiting and onboarding staff members. | Rs. 5.7 LPA | |
Operations Managers evaluate budgets, manage costs, and analyse data. They oversee and work with multiple departments such as inventory, manufacturing, and human resources. | Rs. 11 LPA | |
Business Analysts are professionals who analyse and study data and patterns to predict upcoming trends. They make strategies to maximise the profitability of businesses. | Rs. 9.8 LPA | |
Financial Analysts manage the overall finances of the organisation. They create financial models that help to mitigate financial risks. | Rs. 6.1 LPA | |
Supply chain managers are responsible for overseeing supplies, machinery, and logistical departments of an organisation. They are also responsible for maintaining a successful vendor and distributor relationship. | Rs. 14.5 LPA |
Salary Source: AmbitionBox
An MBA in Oil and Gas Management provides specialised knowledge of the energy sector, enhancing leadership and management skills. It equips graduates with strategic decision-making, risk management, and project management abilities, offering a global perspective and preparing them for successful careers in the dynamic and vital international oil and gas industry.
With the world becoming increasingly dependent on oil and other energy resources, professionals with good knowledge of the domain are provided with competitive salary packages. The table below highlights the salaries of the private and government sectors after an MBA in Oil and Gas Management.
Sectors | Average Salary |
---|---|
Private | Rs. 3 LPA-Rs. 100 LPA |
Government | Rs. 3 LPA-Rs. 100 LPA |
Source: Naukri.com
As of now, only UPES Dehradun offers an MBA in Oil and Gas Management course. It offers courses in both formats, traditional and online MBA. Listed below are the fee details of UPES Dehradun for an MBA in Oil and Gas Management.
Top Colleges | Fees |
---|---|
Rs. 1.99 Lakhs | |
School of Business, UPES Dehradun | Rs. 19.36 Lakhs |
To conclude, an MBA in Oil and Gas Management is a popular course for someone interested in working in the field of oil. The course also prepares the graduates for a successful career and a chance to earn handsome salary packages.
Frequently Asked Questions (FAQs)
The average salary varies for different job roles, with figures like Rs. 5.06 LPA for Retail Managers, Rs. 8.20 LPA for Operation Managers, Rs. 6.73 LPA for Business Analysts, and Rs. 9.77 LPA for Supply Chain Managers (Source: Payscale).
Top recruiters include Indian Oil, ONGC, Reliance, L&T, HPCL, GAIL, BPCL, and Essar.
The scope includes promising career prospects in energy companies, consulting, and government agencies. It depends on the industry's health and global energy trends.
Yes, an MBA in Oil and Gas Management is offered in various modes, including full-time, part-time, distance learning, and executive.
Common entrance exams include CAT, CMAT, UPESMET, MAT, XAT, GMAT, and university-level exams like CUET and ATMA.
Skills include Energy Economics, Project Management, Strategic Planning, Risk Management, Leadership, Environmental and Regulatory Compliance, Communication, Negotiation, and Technology Integration.
Graduates can pursue careers as Retail Managers, Operation Managers, Business Analysts, Financial Analysts, and Supply Chain Managers.
The average fee for the entire duration of an MBA in Oil and Gas Management is around Rs. 10 to Rs. 15 lakhs, varying across different institutions.
Candidates must have a bachelor's degree in any discipline with a minimum of 50 per cent marks. Entrance exams like CAT, CMAT, UPESMET, MAT, XAT, and GMAT are also required for admission.
The duration of an MBA in Oil and Gas Management is two years, divided into four semesters.
On Question asked by student community
Yes, MBA in FinTech is a good option if you are interested in the combination of finance and technology. After this course you can work in roles like FinTech product manager, financial analyst, blockchain/crypto specialist, risk & compliance manager, or business development manager in banks, startups, and financial companies.
For the salary part, freshers usually start with around 5–10 LPA in normal companies and in bigger FinTech firms or banks it can even go up to 10–15 LPA, depending on your skills, college, and location.
If you do Data Science and then an MBA in Finance, you can get many high-paying jobs. Some of the best options are:
1. CFO (Chief Financial Officer) – You manage a company’s finances, budgeting, and reports. Big companies pay 40 lakh to 1 crore per year.
2. Investment Banker – You help clients raise money and do mergers or acquisitions. Salaries start around 10–12 lakh for freshers and can go up to 30 lakh or more with experience.
3. Chief Data Officer – You lead data strategies in companies. Pay can be 80 lakh to 1.3 crore per year.
4. Machine Learning Engineer / AI Scientist – You create AI and ML models. Salary is around 35–42 lakh per year.
5. Product Manager – You manage product strategy and market positioning. Can earn 89 lakh to 1.1 crore per year in big tech companies.
6. Financial Actuary – You analyze financial risks. Pay is around 25–30 lakh per year.
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The cut off for national exams like CAT or XAT required for admission for Masters in Business Administration (MBA) program may vary b collage and years. The top tier or top MBA collages like IIMs may require 98-100 percentile. F or more details you can go through: https://bschool.careers360.com/articles/cat-cutoff
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Hey! If you are looking for a fully online MBA with minimum fees while staying in Gadchiroli, you can consider a few good options. The most budget-friendly is IGNOU Online/Distance MBA, which comes around 60,000–70,000 for the whole program and is recognized by UGC-DEB. Apart from that, universities like Bharati Vidyapeeth Online (approx 1.6 lakh) and DY Patil Vidyapeeth Online (approx 1.7 lakh) also provide online MBAs with flexible learning and multiple specialisations.
If cost is your main concern, IGNOU is the best choice. But if you want better exposure and placement assistance, then Bharati Vidyapeeth or DY Patil could be good options. Just make sure the course you choose is UGC-approved so that your degree is valid everywhere.
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