MBA in Energy Management Course, Subjects, Exams, Admission, Colleges, Fees, Career

MBA in Energy Management Course, Subjects, Exams, Admission, Colleges, Fees, Career

Edited By Moksh Dheri | Updated on Oct 10, 2024 03:41 PM IST

MBA Energy Management is a two-year master's degree programme. It gives students the knowledge and expertise to use energy effectively and efficiently. The course is offered in the specialisation of management and aims to reduce the cost involved in the production of energy. In India, only 5 colleges provide MBA degrees in Energy Management courses.

Energy Management is the study of the production of energy through natural resources, such as extraction of oil and natural gas, renewable and non-renewable resources, and different sources of energy. MBA Energy Management has a huge scope when it comes to career advancements. The average salary of an MBA Energy Management graduate is Rs. 9.2 LPA for Energy Manager in India.

As of now, only a few colleges in India offer this programme since it is a relatively new discipline in management. To be eligible for the course, candidates require a bachelor's degree in any discipline from a recognised institute in India. The admissions are based on entrance examinations. CAT, MAT, CMAT, XAT, and SNAP are the popular examinations.

Popular colleges offering MBA degree programmes in Energy Management are MIT School of Technology Management, School of Management, Pandit Deendayal Energy University, Symbiosis Institute of International Business, Asian International University, and NICMAR University.

MBA in Energy Management- Important Dates

Highlights: MBA in Energy Management

ParticularsValues

Degree Name

MBA in Energy Management

Degree Type

Postgraduate

Degree Duration

Two years

Semesters

Four

Entrance Exams

CAT, MAT, GMAT, CMAT, XAT, NMAT

Eligibility Criteria

Bachelor’s degree

Admission process

Entrance Examination/Merit-based

Fees for the entire duration

Rs. 6 Lakhs to Rs. 12.66 LPA

Average Salary

Rs. 9.2 LPA (for Energy Manager)

Job profiles

Energy Performance Engineer, Energy Consultant, Product Development Manager

Top recruiters

Sun Edison, Tata Power, NTPC, Reliance Power, Damodar Valley Corporation, National Power Corporation of India, Lanco Infratech, CLP Power, Neyveli Lignite Corporation, Adani Power, NHPC, Torrent Power

Eligibility Criteria for MBA Energy Management

The qualification requirements for an MBA in Energy Management are very similar as compared to other MBA specialisations. However, some colleges can also have additional requirements. The eligibility criteria for international and reserved category students are also different. In the following table, we have discussed the eligibility requirements for an MBA in Energy Management.

Eligibility ParametersDetails
Educational RequirementsBachelor's degree from a recognised institute in India
Minimum Aggregate Score (for general and reserved categories)50 per cent (for general categories) 5-10 per cent relaxation for candidates belonging to the reserved categories
Provisional AdmissionCandidates in the final year of graduation are eligible to apply on a provisional basis
Work Experience (optional)Leading management colleges such as IIMs may prefer candidates with some work experience

MBA Energy Management Admission Process

Applicants who have fulfilled the eligibility criteria of the MBA Energy Management course can apply for admissions. Individuals interested in pursuing an MBA in Energy Management must meet some entry requirements, which vary depending on the university. The admissions procedure is majorly based on the marks obtained by the candidates in the entrance examinations. Listed below is the admission procedure for an MBA Energy Management course.

  • To apply for admissions, students should fill out the application form presented on the official website of the college or at the admissions office.
  • Students must appear for the management entrance examinations. In India, CAT, MAT, CMAT, XAT, and SNAP are among the popular management exams.
  • Shortlisted candidates will move on to the counselling session, where they can choose their preferred institute.
  • After selecting the college, students can pay the course fees and submit the required documents.

Top MBA Energy Management Entrance Examinations

In India, the entrance examinations can be conducted at the national, state, or university level depending on the institute. Apart from popular examinations at the national level, some institutes may also conduct university-specific examinations. In the table mentioned below, students will find the details of some popular examinations required for admission to the MBA Energy Management course.

Exam NameLevelConducting BodyExam Schedule

CAT

National Exam

Indian Institute of Management Lucknow

CAT Exam Schedule

MAT

National Exam

All India Management Association

MAT Exam Schedule

CMAT

National Exam

National Testing Agency (NTA)

CMAT Exam Schedule

XAT

University/National Level

XLRI Jamshedpur

XAT Exam Schedule

SNAP

University/National Level

Symbiosis International University

SNAP Exam Schedule

Top MBA Specialisations

There are many MBA specialisations which cater to the diverse interests and future aspirations of the candidate. Choosing an appropriate specialisation is very important as it will help the candidate align their career paths. Some of the popular specialisations one can pursue in an MBA are listed in the table below.

MBA Energy Management Syllabus

The academic curriculum for an MBA in Energy Management is more or less the same for every institute. Some of the core topics of an MBA Energy Management course are Managerial Economics, Human Resource Management, Business Statistics, and Basics of Financial Management. Listed below is the MBA Energy Management syllabus for NICMAR University.

Semester 1
Principles and Practices of Sustainable Energy EcosystemPower Infrastructure and Operations
Semester 2
Energy Reforms, Planning & Sustainable ImplementationEnergy Management and Conservation
Semester 3
Summer InternshipHealth, Safety and Environment Management

Advancements in Renewable Energy and Power Systems

Clean Energy Transition: Viability and Emerging Technologies
Entrepreneurship in Energy Business (Seminar)Risk Management (General Elective)
Business Strategy & Change Management (GE)Data Sciences and Artificial Intelligence for Energy Management (GE)
Marketing Management and Business Development (GE)-
Electives (Sem 3)
Spatial Technology and Geographical Information System (Programme Elective)Energy Usage in Industrial Processes and Intensification (PE)
Energy Integration and Forensic Analysis (PE)Energy Contracts and Procurement Management(PE)

Green Logistics and Supply Chain Management (PE)

-
Semester 4

Sustainable Finance and Integrated Reporting

Building Energy Management Systems

International Energy Management Practices

Project Work (Industrial Project or Applied Business)

Professional Ethics-
Electives (Sem 4)
Sustainable Development and Behaviour ChangeIntegrated Habitat Assessment
Energy Asset ManagementSustainable Stakeholder Management
Sustainable Lean Practices and Quality AssuranceDigital Transformation and Innovations in the Energy Industry

MBA Energy Management Fee Structure

The fee details of an MBA in Energy Management is influenced by various factors. Private institutes are generally expensive as compared to government institutes. The tuition fee generally does not include the security deposit and other accommodation fees. The average fees of an MBA Energy Management course range from Rs. 6 Lakhs to Rs. 12.66 Lakhs depending on the institute.

Scope of MBA Energy Management

With the power crisis and growing issues of burnout and energy shortage, the demand for proper energy management has increased. This has also resulted in the growing requirement for qualified professionals who can manage the energy sources properly and make its efficient and effective utilisation.

Candidates who are interested in studying further can apply for an MBA or a PhD in Energy Management or a similar discipline. It will equip the students with the skills and abilities which will help them manage these resources properly.

Career Options after MBA Energy Management

MBA Energy Management is designed to provide students with a broad understanding of the industry. Students holding a master's degree in Energy Management can contribute to both private and government sectors. In the following table, we have discussed the important job roles and the respective salaries.

Job ProfilesJob DescriptionsAverage Salary
Energy Performance Engineer

Energy Performance Engineers are professionals who find cost-effective, environment-friendly, and innovative energy sources. They use their expertise to improve efficiency and expand renewable energy sources.

Rs. 4.1 LPA
Energy Consultant

An energy consultant is in charge of lowering a company's carbon footprint and energy use. Examining the company's energy sources, constructing models using various energy sources, assisting in the examination of manufacturing processes, and monitoring energy usage are just a few of the major responsibilities of an energy consultant.


Rs. 10.02 LPA
Product Development Manager

Product development managers are in charge of identifying, validating, and researching new goods. They may indeed assess suitability and offer design optimization assistance. They are in charge of inventing new products or upgrading existing ones so that the company may better meet the needs of its customers.


Rs. 4.4 LPA

Top Recruiters

  • Tata Power
  • Adani Power
  • Reliance Power
  • NTPC
  • Torrent Power
  • Neyveli Lignite Corporation

Benefits of Studying MBA in Energy Management

Energy Management is one of the most important elements of an organisation. It supports businesses in becoming more financially competitive in the global business economy. Energy Management helps businesses in buying, converting, and sustainably distributing energy using energy management.

With an increased focus on creative energy management solutions, the need for skilled and qualified professionals is on the rise in India and abroad. The Indian government has also taken many initiatives to expand the usage of energy-efficient solutions. Therefore, there are many lucrative career options which you can pursue with the right knowledge and skills.

MBA in Energy Management Salary

The average income of an MBA Energy Management graduate is influenced by a variety of factors such as the skills and experience of the candidate, work location, and the job role chosen by the candidate. The salary is also different for private and government sectors.

Job opportunities for graduates of this course are usually larger due to the massive rise of energy management sectors. Listed below are the average salary of a graduate in the private and public sectors.

SectorsAverage Salary
PrivateRs. 3 LPA-Rs. 75 LPA
GovernmentRs. 3 LPA-Rs. 50 LPA

Source: Naukri.com

Browse Top MBA in Energy Management in Top Locations

Several public and private higher education institutions offer an MBA in Energy Management programme. Depending on the institution and geographic region, the charge may differ. In the table below, we've compiled a list of India's best MBA in Energy Management programmes.

Top Private MBA Energy Management Colleges in India with Fees

Due to the facilities provided by the private colleges, the fees of a private college may be higher than that of a government institute. In this section, we have listed the top private MBA Energy Management colleges along with the fees.

An MBA in Energy Management is a course that has become essential nowadays. With increasing awareness of energy prevention, the need for professionals who know will also rise. The average salary of an Energy Performance Engineer is Rs. 4.2 LPA depending on the institute.

Frequently Asked Questions (FAQs)

1. What is MBA Energy Management?

MBA in Energy Management deals with the challenges of managing energy, power, and other related industries. MBA in Energy Management programme also covers power creation through different forms of energy.

2. Is there a demand for energy engineering?

The evolving global landscape is creating a huge job possibility for aspiring energy engineers. Energy engineers will always be in high demand, regardless of the technology used to generate and store energy. There is a continuous need to build systems that make efficient use of energy.

3. What is the tuition fee of the MBA in Energy Management course?

The average tuition fee of an MBA Energy Management course generally ranges from Rs. 6 Lakhs-Rs. 12.66 Lakhs. 

4. What is the eligibility criteria for an MBA in Energy Management?

Graduate requires a bachelor's degree in any specialisation from a recognised institute in India. They must score at least 50 per cent aggregate score, 45 per cent for reserved category students. 

5. What is the duration of the MBA in Energy Management course?

The course duration of an MBA in Energy Management is two years with two semesters in each year. 

6. Is MBA Energy Management worth it?

Yes, an MBA in Energy Management can prove to be a very promising course. Due to the power crisis and shortage, the need for qualified Energy Managers has increased. The scope of an MBA in Energy Management has also increased. 

7. What is the salary after an MBA Energy Management?

The salary after graduating with an MBA in Energy Management varies depending on the company, the job profile opted by the candidate and the skills and experiences of the candidate. The average salary of an Energy Manager in India is Rs. 9.2 LPA. 

8. What are the career options after an MBA in Energy Management?

There are various career options after an MBA in Energy Management. Some of the careers are Energy Performance Engineer, Energy Consultant, Product Development Manager.

9. What are the best firms to work for if you have an MBA in Energy Management?

Sun Edison, Tata Power, NTPC, Reliance Power, Damodar Valley Corporation, National Power Corporation of India, Lanco Infratech, CLP Power, Neyveli Lignite Corporation, Adani Power, NHPC, Torrent Power are some of the leading organisations that hire MBA in Energy Management graduates.

10. Is it possible to pursue a Ph.D. after completing an MBA in Energy Management?

Students who have completed an MBA in Energy Management degree can apply for a PhD in Energy Management or a similar specialisation. 

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