Yes, it has a good scope in future. Expanding demand for petroleum products and diversified role of these engineers require a good number of trained petroleum engineers. Career prospects are quite attractive in this sector as petroleum companies offer attractive salaries to Petroleum Engineers. Companies like Indian Oil, Oil India Limited, Hindustan Petroleum Corporation Limited (HPCL), Bharat Petroleum (BP) and Oil and Natural Gas Corporation (ONGC) hire these engineers for oil exploration and related works.

Below are the Job Profiles

Petroleum geologists

Reservoir engineers

Drilling engineers

Completions engineers

Supervisor

Processor

Petroleum refining

Technical service

Top Recruiters:

Bharat Petroleum Corporation Ltd (BPCL)

Hindustan Oil Exploration Company Ltd (HOEC)

Essar Oil

Gujarat Gas Co Ltd (GGCL)

GAIL (India) Ltd

Petronet LNG Ltd

Oil and Natural Gas Corporation (ONGC)

Hindustan Petroleum Corporation Limited (HPCL)

MIT Pune has AAA+ rating which means good. It has a good placement record. Average salary is around 3-5 lakhs.

You can also check the reviews of the college from the given below link

http://www.engineering.careers360.com/maharashtra-institute-technology-pune/reviews