Energy Management Course Details - Fees, Subjects, Syllabus, Duration, Eligibility, Career Scope
Degrees offered: M.Sc., M.E /M.Tech., MBA, B.Sc., Diploma
What is Energy Management
Energy management is a process by which any form of energy is used effectively and sustainably. It is a branch of science that involves planning to reduce the cost involved in the production of energy but still producing enough energy that is required to satiate consumer’s demand. Energy management is a step towards minimising global warming, carbon footprint and greenhouse gas emissions. It not just helps to reduce the cost of production but also helps the company produce energy which is of better quality.
Energy management is a vast subject, and understanding it is rather complex. Every sector is in dire need of young, passionate, energetic professionals who can think out of the box, who can provide something new to the market, and so is the case with the energy sector.
Eligibility Criteria (UG & PG) of Energy Management
Candidates seeking entrance exam for MBA in energy management must have done B.Tech /B.Sc. from a recognised university.
Candidates must have completed their graduation with a minimum aggregate of 50%.
Entrance Exams for Energy Management
Common Management Admission Test (CMAT) – This is a national level entrance exam conducted for all the management courses by NTA. CMAT is valid for JNU, and all the AICTE approved colleges and universities. The entrance exams are mostly held in January.
Symbiosis National Aptitude (SNAP) – The entrance exam conducted by Symbiosis Pune for the admission to PG courses mostly in December.
- Xavier’s Aptitude Test (XAT) – This is a national level exam conducted in online mode, mostly in January. About 150 colleges seek the marks obtained in XAT to provide admission to the colleges.
College Predictors VIEW ALL
Scope of Energy Management in India and Abroad
According to a study released by the US Energy Information Administration in the year 2011, “In the year 2008, China and India, accounted for 21% of the total world energy consumption. By 2035, both countries will account for 31% of world energy use.” With the increased energy consumption, it is very important to maximise energy management to save the degrading planet and country’s economy. Energy management not just reduces pollution or climate changes but widely affects the economy of any country by saving millions.
Course Fees Energy Management
| Minimum Fees | Maximum Fees | |||
|---|---|---|---|---|
| Private | Government | Private | Government | |
| UG |
1.22 Lakhs
B.Voc. in Energy Management at Stella Maris College, Chennai
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Data not available
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1.22 Lakhs
B.Voc. in Energy Management at Stella Maris College, Chennai
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Data not available
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| PG |
65.00 K
P.G.D in Energy Management at Symbiosis Center for Distance Learning, Pune
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Data not available
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16.00 Lakhs
P.G.D.M in Energy Management at NTPC School of Business, Noida
|
2.30 Lakhs
P.G.D in Energy Management at National Power Training Institute, Faridabad
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| DIPLOMA |
17.00 K
Diploma in Energy Management at Ramchandra Chandravansi University, Palamu
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Data not available
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17.00 K
Diploma in Energy Management at Ramchandra Chandravansi University, Palamu
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Data not available
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Course Subjects
It is a 2 years program which is further divided into four semesters. The course has been discussed roughly in the following table –
Business Statistics
Energy Management
Global Strategic Management
Energy Audit
Export-Import Management
Business Progress Integration
Environmental modelling
Non- Renewable Sources
Sustainability Standards
Energy Sustainability
Business Communication
Financial Accounting
Careers in Energy Management
MBA is the most sought degree in post-graduation for about 80% of India. There is a never-ending line of MBAs struggling in the market for employability, but an MBA in energy management will open the doors of various government and non-government organisations. India is the 6th largest consumer of energy, and the consumers are up-surging every day, but the primary source for energy production remains limited. Having an MBA in energy management will set you apart from the crowd by giving you the ability to create plans, discuss strategies with brilliant minds to overcome this huge production-consumer gap.
Some of the fields where MBA professionals can be employed have been listed below:
Educational Institutes
Health Care Providers
Pharmaceuticals and Biotechnology Industry
Chemical Industry
Environmental Management and Conservation
Research Firms
Upcoming trends
Various start-ups have adopted technologies such as Blockchain Technology and Quantum computing in the energy sector for improving energy efficiency, reducing the greenhouse effect and making electricity affordable for consumers. This will lead to an increased demand for energy, and therefore an upsurge in energy management system will occur.
Under the government scheme “power for all”, various companies are developing new technologies to reduce production cost and reduced electricity cost for consumers, thus catering to the needs of both consumer and producer. With the development of electric vehicles, combustion vehicles will soon be replaced, thus creating more energy demand by 2050. The energy demand is increasing in both residential and non-residential areas, but the primary source of energy production is limited. This gap between limited primary sources and increasing energy demand will require more energy management systems in future.
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Job Profiles and Top Recruiters
Job Profile | Job Description |
Reporter (energy market) | Reporters mainly report insightful news and analysis about the current price trends. They come under the economic beat of a news portal. |
Product Manager | This is a managerial post. They are generally responsible for the production of a new product and leading the team that is responsible for improvising it. This is an important profile in any organisation. |
Research Associate | Research associates are responsible for organising and conducting research on the markets and the economy. They are employed by asset management firms and financial institutions. |
Energy Auditor | Energy auditors help in improving the energy consumption of residential as well as the commercial buildings. An energy auditor is important for creating ample opportunities for the advancements of the current trends. |
Energy Consultant | As their name suggests, energy consultant, analyse the energy consumption of various companies to reduce energy costs and provide a better result. |
Account Manager Sales | Account Manager Sales of a company maintain the existing relationships of the company with the clients. Sales management also comes under them |
Top Recruiters in Energy Management
Following is the list of top recruiters for MBA in energy management:
1. Sun Edison
2. Tata power
3. NTPC
4. Reliance Power
5. Damodar Valley Corporation
6. National Power Corporation of India
7. Lanco Infratech
8. CLP Power
9. Neyveli Lignite Corporation
10. Adani Power
11. NHPC
12. Torrent Power
Average Salary
An MBA in energy management can easily help you to get a job with a minimum salary of approximately Rs. 4 - Rs. 7 lakhs per annum, depending on your professional knowledge and expertise.
Some of the job profile with their average salaries have been tabulated below:
Job Description | Average Salary |
Reporter (Energy Market) | Rs. 5-8 Lakhs p.a. (Approx.) |
Product Manager | Rs. 10- 15 Lakhs p.a. (Approx.) |
Research Associate | Rs. 4- 6 Lakhs p.a. (Approx.) |
Energy Auditor | Rs. 5-8 Lakhs p.a. (Approx.) |
Energy Consultant | Rs. 6-9 Lakhs p.a. (Approx.) |
Business Development Manager | Rs. 3-6 Lakhs p.a. (Approx.) |
Account Manager Sales | Rs. 12-16 Lakhs p.a. (Approx.) |
Required Skillset for Energy Management
Energy management is a vast and complex field that won’t be tackled by just academic knowledge. So here are some basic required skills for every professional working in the energy sector:
Decision-making capabilities - As an energy management professional, you will have to work in various projects of utmost importance, and therefore it is very important to be able to make the best decision in everyone’s intention. Some of these decisions would be a combination of costly and fast. To be a good decision maker, you will have to have negotiation skills and critical thinking.
Communication Skills – The most important and basic skill required to pursue or excel in any course. One needs to know how to express their thoughts and views to the co-workers, clients and employers in order to make them understand the viewpoint or task.
Leadership Skills – Leadership skill set an individual apart from their peers. Everyone can work individually, but what matters is how good you are as a teammate.
Patience and consistency – Any change requires time, and when we are talking about the energy sector, it will surely take time to make required changes as most of us are resistant to changes even if that is for something better, therefore the ability to be consistent and the patient is a must for an energy management professional.
Course Curriculum for Energy Management
There is an incessant demand for energy, and this demand will further increase by 50% over the next 10-20 years. The country is in dire need of professionals who can tackle such a demand by innovations, and logical thinking and that is exactly what the MBA in energy management bestows a student with. It is a two-year programme designed to create skilled professionals in energy management. This course is designed to give you a sense of understanding about the energy market, for its betterment and development. This course will deal with renewable energy, energy transmission and distribution, its extraction and production, energy trading, energy finance etc.
Resource Links for Online MBA
Popular Energy Management Entrance Exams in India
Popular Energy Management Colleges in India VIEW ALL
NICMAR Pune
- Fees: ₹ 600000
Frequently Asked Questions (FAQs)
Question: Are there any government agencies set-up for energy management?
Answer :
Yes, Bureau of Energy Efficiency(BEE) is an agency set up by the government for the development of programs that are energy efficient and can increase the production of energy while controlling the cost of productivity.
Question: What is the future of energy management students in India and Abroad?
Answer :
With the incessant growth in the energy demand, there is a dire requirement for professionals who could strategies and provide the nation with innovations to increase the energy supply. It is one of the best career fields as the need for energy is said to increase by 20% in the upcoming years.
Question: Which are the top 5 colleges for energy management?
Answer :
Top five college for energy management has been listed below:
University of petroleum and energy services, Dehradun
MIT School of Technology, Pune
Symbiosis institute of international business, Pune
Pandit Deen Dayal Petroleum University, Gandhinagar
Management Development Institute, Gurgaon
Question: Which is the highest paid job in energy management?
Answer :
Account Manager Sales is the highest paying job in the energy sector. You can easily get a salary package of Rs. 12- Rs. 16 Lakhs p.a. (approx.).
Question: Is there any bachelor’s program for Energy management?
Answer :
Yes, there are several courses for bachelors program in energy management. The students can seek admission in Bachelor of Science in renewable energy, bachelor of businesses in energy management, bachelor of technology in renewable science.
Questions related to Energy Management
Showing 25 out of 25 Questions
137 Views
what are the startup opportunities in renewable energy sector for an indian ?
18th May, 2020
Hey there
As the pollution level is increasing you can do startup of
Electrical vehicles which is nowadays is very popular in market has the Highest possibility of business boom. You must have heard only few names like Tesla motors who are making world class cars.
Also you can go for solar pannel manufacturing, energy efficient machines etc. Startup in this field is profitable as Government gives various subsidy.
Good luck
Answer later 106 Views
Hello friends.. I wnat to know about MBA programs in sustainability, Industrial management and other similar programmes. I am working in a consulting firm of green building and energy management field. I want further studies in this particular area. Please suggest me better programs and colleges.
Student Expert
12th Dec, 2019
hi,
I have mentioned some institute name which provides 2 years post graduate courses on sustainable development,
Maharishi Markandeshwar University (MMU)
Taxila Business School (TBS)
Indian Institute of Management , bangalore
Presidency University, Bangalore
Xavier Labour Relations Institute (XLRI)
Indian Institute of Management (IIM)
University of Delhi, Faculty of Management Studies (FMS)
Jamnalal Bajaj Institute of Management Studies (JBIMS)
Shailesh J. Mehta School of Management (SJMSOM)
National Institute of Industrial Engineering (NITIE)
Management Development Institute (MDI)
Indian Institute of Foreign Trade (IIFT)
SP Jain University of Management & Research (SPJIMR)
112 Views
Give the List of Collages offering b.e./b.tech. in energy management in Gujarat.
Student Expert
31st Aug, 2019
Hi jainish ,
According to the data only one college at gujrat have energy engineering as their btech course . Only gujrat technical university allows students to pursue energy management as btech career .
Hope it helps!!!
83 Views
Where is collage for to join in karnataka
Student Expert
25th Aug, 2019
Hello aspirant,
There doesn't seem to be any college offering energy management in Karnataka. Here are the colleges offering the course in India-
School of Business, University of Petroleum and Energy Studies, Dehradun
Symbiosis Institute of International Business, Pune
MIT School of Technology Management, Pune
School of Petroleum Management, Pandit Deendayal Petroleum University, Gandhinagar
Gandhinagar Gujarat
Suresh Gyan Vihar University, Jaipur.
144 Views
How is M tech in energy management at davv. How is the infrastructure. How are the placements.
Student Expert
30th Jun, 2019
dear aspirant,
M Tech In Energy Management. This program deals the energy scenario of India and world, different methods for generation of energy and its effect on environment university is very beautifully built with green & clean surroundings and students gets many facilities such as a well equipped central library, IT center, and different playgrounds. Its very good, however it is totally depend upon your CGPA and performance during campus interview. they are getting number of company for campus interview. Apart from that there is also have centralized Placement Cell at University Level.
hope it helped.
