MBA in Oil and Gas Management: Course, Admission 2025, Eligibility, Exams, Colleges, Scope

MBA in Oil and Gas Management: Course, Admission 2025, Eligibility, Exams, Colleges, Scope

Edited By Moksh Dheri | Updated on Nov 27, 2024 11:52 AM IST | #MBA

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.

This Story also Contains
  1. MBA in Oil and Gas Management Course Details
  2. MBA in Oil and Gas Management Eligibility Criteria
  3. MBA in Oil and Gas Management Admission Procedure
  4. Top MBA in Oil and Gas Management Entrance Exams
  5. MBA in Oil and Gas Management Cutoff
  6. MBA in Oil and Gas Management Syllabus
  7. MBA in Oil and Gas Management Fees
  8. MBA in Oil and Gas Management Scope
  9. Career Options after Oil & Gas MBA
  10. Benefits of Studying Oil and Gas MBA
  11. MBA in Oil and Gas Management Salary

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.

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MBA in Oil and Gas Management Course Details

ParticularsValues

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. 10 Lakhs to Rs. 15 Lakhs

MBA Oil and Gas Management Average Salary

Rs. 6.50 LPA

MBA Oil and Gas Management Job Profiles

Retail Manager, Operation 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

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.

Eligibility ParametersDetails
Educational QualificationBachelor's degree from a recognised institute in India
Aggregate score requirement50 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

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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.

Exam NameConducting BodyExam Schedule

CAT

IIM Lucknow

CAT Exam Schedule

MAT

AIMA

MAT Exam Schedule

CMAT

NTA

CMAT Exam Schedule

XAT

XLRI Jamshedpur

XAT Exam Schedule

SNAP

Symbiosis International University

SNAP Exam Schedule

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.

Semester 1

Economics & Management Decisions

Financial Management

Marketing Management

Quantitative Techniques for Management Applications

Operations & Material Management

-

Semester 2

Human Resource Management

Customer Relationship Management

Project Management & Contract Administration

Strategic Management of Technology & Innovation

Research Methodology

-

Semester 3

Understanding Oil & Gas Business

Understanding Natural Gas Business

Understanding Petro Chemical Business

Fundamentals of Petroleum Refining

Fundamentals of Petroleum Exploration

-

Semester 4

Business Policy & Strategy

Petroleum Law & Policy

Petrol Retailing Business

Dissertation

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.

Job ProfilesJob DescriptionAverage Salary
Retail Managers

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
Operation Managers

Operation 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 AnalystsBusiness 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 AnalystsFinancial 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

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
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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.

SectorsAverage Salary
PrivateRs. 3 LPA-Rs. 100 LPA
GovernmentRs. 3 LPA-Rs. 100 LPA

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.

Frequently Asked Questions (FAQs)

1. What is the duration of an MBA in Oil and Gas Management?

The duration of an MBA in Oil and Gas Management is two years, divided into four semesters.

2. What are the eligibility criteria for pursuing an MBA in Oil and Gas Management?

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.

3. How much is the average fee for an MBA in Oil and Gas Management?

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.

4. What job profiles can one pursue after completing an MBA in Oil and Gas Management?

Graduates can pursue careers as Retail Managers, Operation Managers, Business Analysts, Financial Analysts, and Supply Chain Managers.

5. Which are the top entrance exams for MBA in Oil and Gas Management?

Common entrance exams include CAT, CMAT, UPESMET, MAT, XAT, GMAT, and university-level exams like CUET and ATMA.

6. What are the key skills that candidates develop during an MBA in Oil and Gas Management?

Skills include Energy Economics, Project Management, Strategic Planning, Risk Management, Leadership, Environmental and Regulatory Compliance, Communication, Negotiation, and Technology Integration.

7. Can the course be pursued through online or distance learning modes?

Yes, an MBA in Oil and Gas Management is offered in various modes, including full-time, part-time, distance learning, and executive.

8. What is the scope of an MBA in Oil and Gas Management?

The scope includes promising career prospects in energy companies, consulting, and government agencies. It depends on the industry's health and global energy trends.

9. Which are the top recruiters for MBA in Oil and Gas Management graduates?

Top recruiters include Indian Oil, ONGC, Reliance, L&T, HPCL, GAIL, BPCL, and Essar.

10. What is the MBA in Oil and Gas Management average salary?

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).

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Questions related to MBA

Have a question related to MBA ?

Hi aspirant,

Applications for IIT Patna's Executive MBA program are expected to close in late April or early May 2025.
For the most precise and current information about application deadlines for next sessions, it is essential to visit the official IIT Patna website or their Continuing Education Programme (CEP) page.  Watch for notices, which are usually sent out a few months prior to the start of the school year.

All the best!

Hi aspirant,

It is projected that a number of MBA specialties will present outstanding employment opportunities in 2026 as a result of changing market demands and technology developments. With data-driven decision-making and AI integration becoming more and more important across industries, business analytics and AI hold great promise. The increasing need for leaders who can successfully negotiate the nexus of business and technology will be met by an MBA in Technology Management. As businesses place a higher priority on their online presence and client involvement, digital marketing is still an essential subject. Furthermore, because of the complexity of international logistics and the demand for effective procedures, specializations in supply chain management and operations management are becoming more and more significant. Lastly, for MBA grads, consulting and finance continue to be excellent options.

The Indian Institutes of Management (IIMs), especially those in Ahmedabad, Bangalore, Calcutta, Lucknow, and Kozhikode, are routinely ranked among the top MBA schools in India in 2026. The Management Development Institute (MDI) in Gurgaon, the Faculty of Management Studies (FMS) in Delhi, the SP Jain Institute of Management and Research (SPJIMR) in Mumbai, and the Xavier School of Management (XLRI) in Jamshedpur are additional prestigious establishments. Furthermore, the one-year MBA program offered by the Indian School of Business (ISB) in Hyderabad is well recognized. These universities are popular options for an MBA in 2026 because of their demanding curricula, stellar placement rates, and solid industry ties.

All the best!

Hello Mansi

The fees structure for MBA Programme varies from college to college , either government college, private college.

It also depends on college facility, infrastructure , NAAC Grading, College reputation. For private universities it may be upto 4-5 lakhs , or 5+ lakhs for top private university .

For government colleges, MBA can be completed within a range of 4 lakh , if you get shortlisted for scholarship or any other benificial program .


Woxsen University is considered a good choice for an MBA, offering strong industry connections, a modern curriculum, and a focus on entrepreneurship and leadership. However, it's important to consider factors like personal goals, location, and financial aspects before making a decision.

Hi aspirant,

IIM Ahmedabad is considered the best college for an MBA in India in terms of reputation and placement records, followed by IIM Bangalore and IIM Calcutta .

Few other highly reputed and prestigious institutions for an MBA in India include:

  • IIM Lucknow
  • IIM Kozhikode
  • IIM Indore
  • IIM Mumbai
  • XLRI-Xavier School of Management, Jamshedpur
  • Faculty of Management Studies (FMS), Delhi University
  • S.P. Jain Institute of Management and Research (SPJIMR), Mumba
  • Indian School of Business (ISB), Hyderabad
  • Management Development Institute (MDI), Gurgaon
  • Indian Institute of Foreign Trade (IIFT), Delhi/Kolkata
  • Shailesh J. Mehta School of Management, IIT Bombay (SJMSOM)
  • Department of Management Studies (DMS), IIT Delhi
  • Symbiosis Institute of Business Management (SIBM), Pune
  • Tata Institute of Social Sciences (TISS), Mumbai
  • Jamnalal Bajaj Institute of Management Studies (JBIMS), Mumbai

Top MBA Colleges in India 2025

You can refer to this link for more information on the same.

All the best!


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