MBA in Oil and Gas Management: Course, Admission 2024, Eligibility, Exams, Colleges, Scope

Master of Business Administration or MBA in Oil and Gas Management is a postgraduate level degree programme. The course duration is similar to other MBA programmes, which is two academic years. The course curriculum is spread across four semesters. Oil and gas management courses focus on imparting knowledge of laws, policies, strategies, and retailing of petroleum.

To be eligible for the MBA degree, candidates should hold a bachelor's degree in any discipline from a recognised board in India. CAT, MAT, SNAP, CMAT, XAT, and GMAT are entrance exams that candidates can take to gain admission. The average MBA in Oil and Gas Management fee is around Rs. 10 to Rs. 15 lakhs if candidates are pursuing it from a reputed university.

Candidates can also pursue this course in an online or distance format, depending on their convenience and comfort. It may also be cost-effective. UPES Dehradun is well known for its MBA in Oil and Gas Management and offers both the formats traditional and online modes. UPES Dehradun offers the same in two specialisations- Petroleum Marketing & Business Development and Natural Gas Business. Candidates can pursue careers ranging from consultant and marketing positions to managerial roles in the energy and petroleum industries.

MBA in Oil and Gas Management Course Details

MBA in Oil and Gas Management Eligibility Criteria

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. Listed below is the eligibility for an MBA in Oil and Gas Management generally followed by the majority of business schools.

MBA in Oil and Gas Management Admission Procedure

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 admissions, 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

Entrance examination is one of the most important stage of the admission procedure. CAT, MAT, CMAT, SNAP, and NMAT are popular entrance examinations.

Step 4- Cutoff

After the declaration of the examination results, 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 should also 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 arrange all the documents required by the colleges.

Top MBA in Oil and Gas Management Entrance Exams

Entrance exams play a pivotal role in securing admission to various courses offered nationwide. Here, we have outlined MBA oil and gas management entrance exams, providing admission to top management colleges in India.

MBA in Oil and Gas Management Cutoff

Various entrance exams for MBA courses are regularly conducted at both national and university levels. The MBA Oil and Gas Management cutoff is influenced by factors such as the total available seats, the number of applicants, and the difficulty level of the exam.

Each college publishes the cutoff for respective exams on its official website. Meeting this cutoff is crucial for the involvement in the enrollment process. In public colleges, reservation policies also hold significance, as the cutoff for reserved categories is separately provided and tends to be lower compared to the cutoff for general categories.

MBA in Oil and Gas Management Syllabus

Divided into four semesters, the MBA in oil and gas management curriculum provides in-depth knowledge of business acumen 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.

MBA in Oil and Gas Management Fees

The fee structure is determined by the governing body of the institution and includes tuition fees, admission fees, and other academic service fees. There is no fixed MBA in oil and gas management fee structure, and it varies across institutions. Public colleges and universities have lower fees compared to private universities, but this is not always true.

Factors like academic and placement records, facilities provided, affiliation, type, and location collectively determine the fee structure. In India, the average MBA in oil and gas management fee is around Rs. 10 to Rs. 15 lakhs for a well-reputed college. Also, for international students, the fee structure will be different.

MBA in Oil and Gas Management Scope

An MBA in oil and gas management offers promising career prospects. It equips 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.

Career Options after Oil & Gas MBA

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 job roles candidates can opt for.

Salary Source: AmbitionBox

Top Recruiters

An MBA in oil gas and energy management opens up career opportunities in India as well as abroad. Many top recruiters across the globe hire individuals with expertise in oil and gas management. Some of the key MBA in oil and gas management recruiters are provided in the table below.

• Indian Oil
• ONGC
• Reliance
• L & T Hydrocarbon Engg
• HPCL
• GAIL
• BPCL
• Essar

Benefits of Studying Oil and Gas MBA

An MBA in oil and gas management offers a multifaceted approach to professional development, imparting specialised knowledge in the energy sector. It not only equips individuals with a deep understanding of industry-specific challenges and opportunities but also enhances leadership and management skills.

MBA in petroleum provides a global perspective and prepares graduates to succeed in the international dynamics of the oil and gas market. The combination of strategic decision-making, risk management proficiency, and project management skills offers graduates an edge in this ever-evolving and crucial sector for global energy sustainability.

MBA in Oil and Gas Management Salary

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 below table highlights the salary of private and government sectors after an MBA in Oil and Gas Management.

Source: Naukri.com

Top Private MBA Oil and Gas Management Colleges in India

As of now, only UPES Dehradun offers an MBA in Oil and Gas Management course. It offers courses in both the formats, traditional and online MBA. Listed below are the fee details of UPES Dehradun for an MBA in Oil and Gas Management.

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.