MBA in oil and gas management is a postgraduate degree of two year duration, combining the skill of business administration along with the industry of oil and gas management, it is a premium course degree that ensures adequate profits in terms of salary and exposure. This fuel based industry is constantly on rise as demands for naturally occurring fuels and their extraction is global and also needed on a regular basis.
Master’s in business administration in oil and gas management is a budding field that offers vast expanse of experience and work opportunities. Oil and gas industry is one of the premium industries in India and is usually top rated as resources related to oil and gas management are used on a regular basis by each industry in the World. Oil and gas being the universal source of fuel and energy, the need to study this stream as a legitimate discipline is the need of the hour. Oil and gas management requires an individual to study the basic premise of formation, extraction, usage and conservation of this utmost valuable source of energy and also it can be utilized to its maximum potential. Check MBA Full Form
Combining the skills of Oil and Gas management with MBA, it can usually consist of aligning one's skill in using this discipline and stream by applying individual innovation and expertise to increase productivity and efficiency of this resource. The need to pursue this degree arises from the fact that this indeed is a rare and valuable mineral which is naturally made and is used by a number of industries for innumerable operations. Hence to keep a check on its formation extraction and using it to its full potential has become important in this economic scenario of India and of the world.
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As management courses are gaining more value and momentum with each passing day, every industry is allocating new managerial posts each day and is in search for individuals with aptitude of exceptional administrative qualities and to follow the sudden surge of industrial revolutions and new industries/ structural changes that are taking place rapidly in the current economic world. MBA in oil and gas management is slowly surfacing as one of the most popular and important courses in the pool of available career options.
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Oil and gas management industries are often in need of skilled personnel for their operations, this industry is resource oriented and ensures secure and attractive pay packages that range around Rs 8-10 lakhs. The minimum requirement for this degree is a 10+2 with PCM background and approximately 50 percentile, as well Graduation in engineering or BSC program. Preference is given to those who have already completed a minimum of two year work in their respective fields.
MBA in oil and gas management tuition fee is also around rs 1-3 lakhs. Recruitment agencies offer many quality benefits and are usually offered employment with a proper salary package. Employers include ONGC, Indian Oil, Indigo, Reliance and Qatar gas, Maersk Oil, Halliburton Oil etc.
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MBA Oil and Gas Management Course Highlights
| Course level | Post-graduation |
| Full form | Masters of business administration in oil and gas management |
| Duration | Two years |
| Examination type | Offline and Semester wise |
| Admission process | Graduation and by qualifying CAT and CMAT |
| Eligibility | Graduation (engineering) or BSC degree with Physics chemistry and mathematics and a two year work experience |
| Course fee | Rs 1-3 lakhs |
| Average salary | Rs 8-12 Lakhs |
| Top recruitment agencies | ONGC, Indian oil, Gail, Maersk Oil , Qatar gas, Reliance and Gasco, Halliburton energy services and Abu Dhabi national oil |
| Job positions | Managers and executives, energy consultant and oilfield sales manager, oil and gas analysts and etc. |
MBA Oil and Gas Management: What is it About?
Master’s in business administration in oil and gas management is a budding field that offers vast expanse of experience and work opportunities. Oil and gas industry is one of the premium industries in India and is usually top rated as resources related to oil and gas management are used on a regular basis by each industry in the World. Oil and gas being the universal source of fuel and energy, the need to study this stream as a legitimate discipline is the need of the hour. Oil and gas management requires an individual to study the basic premise of formation, extraction, usage and conservation of this utmost valuable source of energy and also it can be utilized to its maximum potential.
Combining the skills of Oil and Gas management with MBA, it can usually consist of aligning one's skill in using this discipline and stream by applying individual innovation and expertise to increase productivity and efficiency of this resource. The need to pursue this degree arises from the fact that this indeed is a rare and valuable mineral which is naturally made and is used by a number of industries for innumerable operations. Hence to keep a check on its formation extraction and using it to its full potential has become important in this economic scenario of India and of the world.
Check Out: MBA Oil and Gas Management Top Colleges
Why Study MBA Oil and Gas Management?
MBA in oil and gas management is an evolving industry which is profitable and successful for those who are inclined to pursue this degree. The course is designed specifically keeping in mind the latest technology and knowledge that is needed by this sector to increase its efficiency and productivity and offer maximum industrial output. Master’s in Business administration on oil and gas management ensures adequate monetary benefits coupled with this program ensures meticulous knowledge of formation and extraction techniques of oil and gas and also makes an individual aware of the distribution channels of this industry.
One of the most important aspects of this degree is ensuring high quality recruitment by some of the most reputed institutions and organizations of India and Abroad. Main recruiting agencies are Indian Oil, Reliance petrochemical, ONGC , Gail as well as international companies such as Maersk oil and bourbon gulf as well as Qatar Gas etc.
MBA Oil and Gas Management Admission Process
Admission into MBA in oil and gas management is required the following criteria
- By qualifying 10+2 with 50 percentile from a recognized board
- Graduation in Engineering or a BSC degree with physics chemistry and mathematics as main subjects
- Candidates who have acquired a minimum of two year experience are usually given preference
One of the basic requirements of admission into this program is by qualifying the entrance test called CAT and UPSEAT. These tests are conducted on a national level and offer direct admission in top tier colleges for this degree.
MBA Oil and Gas Management Eligibility
Candidates wishing to apply for the course need to meet the following minimum eligibility criteria:
- A minimum aggregate score of 50% at both Higher and Senior Secondary levels of education (classes X and XII).
- Graduation in engineering/ B.Sc. (PCM) with a minimum aggregate score of 50% from a recognized university.
- Preference is given to candidates with a minimum of 2 years of work experience.
MBA Oil and Gas Management Entrance Exam
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CAT or Common Admission Test
CAT is conducted to seek admission in premium business schools and consists of 100 questions related to the following (Quantitative Aptitude, Verbal Ability & Reading Comprehension, and Logical Reasoning & Data Interpretation) And carries negative marking.
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CMAT or Common management admission test
CMAT conducted on a national level and consists of three hour duration with questions pertaining to fields such as (Quantitative Techniques & Data Interpretation
Logical Reasoning
Language Comprehension & Verbal Ability
General Awareness) and the pattern is generally of multiple choice questions.
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GMAT or graduation management test
GMAT is conducted to get admission in MBA programs globally and consists of following topics such as Analytical Writing Assessment , Integrated Reasoning, Quantitative, Verbal
Verbal, Quantitative, Integrated Reasoning, Analytical Writing Assessment
Quantitative, Verbal, Integrated Reasoning, Analytical Writing Assessment
Candidates are required to pay a fee online and reserve their slots. Later, they are instructed to go to their respective test centre and give the test. Results are also announced within the next two weeks.
See Also: MBA Entrance Exams
Important dates for entrance examination
| Exam Name | Exam Details |
|---|---|
| CAT | Check Here |
| MAT | Check Here |
| SNAP | Check Here |
| IIFT | Check Here |
| IBSAT | Check Here |
| CMAT | Check Here |
| MAH CET | Check Here |
| NMAT | Check Here |
| ATMA | Check Here |
| XAT | Check Here |
| TISSNET | Check Here |
| TANCET | Check Here |
MBA Oil and Gas Management Syllabus
This degree is of two years duration divided into four semesters. The syllabus is as follows.
| Semester I | Semester II |
|---|---|
| Economics & Management Decisions | Human resource management |
| Financial management | Customer relations management |
| Marketing management | Project management and contract administration |
| Quantitative techniques to marketing management | Strategic management of technology and innovation |
| Operation and materials management | Research methodology |
| Semester III | Semester IV |
|---|---|
| Understanding oil and gas business | Business policy and strategy |
| Understanding natural gas business | Petroleum law and policy |
| Understanding petrochemical business | Petroleum retailing business |
| Fundamentals of petroleum refining | Dissertation |
| Fundamentals of petroleum exploration |
| Master of Business Administration in Nagalanad | Master of Business Administration in Uttar Pradesh | Master of Business Administration in West Bengal |
Essential books to study from for this degree are mentioned below:
- The oil and gas industry non-technical guide - Joseph Hilyard
- The petroleum industry- Charles conaway
- Oil and gas company analysis -Alfanso Colombano
- The global oil and gas industry , management, strategy, and finance- Andrew inkpen
MBA Oil and Gas Management Top Colleges
The top colleges and universities that provide MBA Oil and Gas Management along with the admission process and tuition fee are mentioned below:
| Name of the college | Admission process | Annual Tuition fee |
|---|---|---|
| University of petroleum and energy studies Dehradun | Graduation with 50 percentage and by qualifying UPESEAT | Rs 70000 |
| Indian Institute of Business studies Bangalore | Graduation with 50 percentile and by qualifying CAT exam | Rs 7 Lakhs |
| Academy of Maritime education and Training University Chennai | Graduation with 50 percentage and by qualifying CAT | Rs 3 Lakhs |
| Great Lakes Institute Gurgaon | Graduation with 50 percentile and by qualifying CAT | Rs 2,40000 |
| New Delhi Institute of Management New Delhi | Graduation with 50 percentile and by qualifying CAT | Rs 362500 |
| Rajiv Gandhi Institute of Petroleum technology Rae Bareli | Graduation + CAT | Rs 200000 |
| Sir Padampat Singhnia University Udaipur | Graduation with 60 percent and CAT | Rs 200000 |
MBA Oil and Gas Management Jobs
This degree ensures exceptional career opportunities and benefits that are profitable in the long run. With the supply of valuable and skilled people fluent with the anatomy of this sector, it ensures quality standards and production of petrochemicals and Gas management which in turns produces more financial stability. The Options available are:
- This degree is highly recommended for those individuals who want to have a comprehensive experience in energy and petrochemical industry
- This course offers employment opportunities with the most prestigious organizations of India and abroad and offer a wider perspective in terms of money and experience
- The recruitment agencies include sectors such as shipping, engineering industry as well as various consultancy organizations as some choices for the candidates to venture in.
- This particular course is a stable discipline and offers appealing salaries of incredible potential
- This course also is lucrative in nature; it has immense learning possibilities with experience in many oil and gas agencies and organizations.
- Since the course is designed keeping in view the universal nature of the course it increases the prospects of getting a job abroad and especially in the Middle East which is famous for its oil refineries.
- MBA in oil and gas management is a very eccentric career discipline, in a hoard of plenty of MBA degrees being pursued; this discipline is a blend of fresh curriculum and an industry which is very stable and secure.
| Job profile | Nature of the job | Salary |
|---|---|---|
| Oil and Gas analyst/consultants | This particular designation requires an individual to assess and analyze the current strength and fluctuations in data pertaining to oil and gas, to keep a check on availability and distribution channels and to assess overall performance | Rs 5-9 lakhs |
| Energy analyst/consultant | This job requires an individual to assess energy consumption and distribution. In terms of oil and gas, energy analysts uses various methods through which they gather data on overall energy consumption by various partner industries and overall demand to ensure availability of resources on time | Rs 10-20 lakhs |
| Oilfield sales management and head executives | These individuals are required and hired to look after major refineries of oil and gas, keeping in check the installation processes of the machinery as well as smooth outflow of services in terms of machines and also ensuring distribution channels are not blocked. They are also responsible for keeping in check of all oil and gas equipments Working smoothly and without any further blockage | Rs 7-10 lakhs |
| Managers (Maintenance and control) | These individuals are in charge of maintenance of oil and gas companies, from Machinery to equipment tools and infrastructure. They are responsible for easy flow of output without any interruption | Rs 6-10 lakhs |
| Marine services (Shipping) | These individuals are engaged with the shipping industry and are often in search of potential spots or exploration places containing the rich reservoir of oil and gas. They are also involved in extraction and storage facilities. | Rs 7-8 lakhs |
| Sustainability analyst | This particular job requires an individual to prepare reports, conduct active research and analysis on potential of fuels and how they can be used in a sustainable way to avoid depletion for future generations and maintain adequate reserves of this valuable fuel | Rs 7-8 lakhs |
| Project Manager | This job requires candidates to lead a certain projects in extraction, management and distribution of oil and gas management, maintaining the flow of services and materials without any hindrances and prepare reports on allocation of various resources and budget | Rs 7-10 lakhs |
MBA Oil and Gas Management Scope
MBA in oil and gas management is an efficient course of value and holds immense opportunities in various sectors. They are mentioned below:
- The most important scope of this degree is to provide a stable job environment; this industry is an evolving industry with a constant demand. Therefore this industry ensures job security and offers the best in this regard.
- Oil and gas are natural occurring substances and are crucial for humanity as they are essential fuels and their usage and consumption is eternal, hence the need to study and conserve these fuels is also increasing and more and more skilled personnel are required to study and provide insight on this growing sector.
- Oil and gas management as mentioned above are essential substances globally. Therefore this degree is accepted universally and offers exciting job offers to individuals seeking job stability in Abroad. This degree is thorough and meticulous current knowledge of extraction and distribution therefore candidates can get assurance for their quality job and expertise wherever they go.
- Apart from working in a traditional oil and gas industry, a candidate can also apply in various Shipping Yards and industries as well as work as consultants and analysts to contribute valuable insight on how these naturally occurring fuels can better our future and how they can be utilized to their full potential
- Candidates can also work as leading educationists and teachers in prestigious colleges in India and Abroad. The sharp growth of this particular sector has also contributed to increase in demand of teachers and lecturers well versed in the key skills and knowledge of this subject to further impart education the budding candidates interested in this field
- Oil and gas corporations such as Indian oil and Maersk oil, as well as Qatar gas and reliance, such reputable firms offer high quality jobs to ensure effectiveness and incentives as well to keep their employees happy and content.
- MBA in oil and gas management is not a limited area; it expands and consists of various opportunities in leading strategic firms and business programs. One can always be employed as key figure conducting valuable research and analysis in increasing productivity of the firm they are employed with
- Candidates can also be employed by Government operated organizations such as the shipping industry and mining industries as well and climb up to significant managerial and executive posts.
MBA Oil and Gas Management FAQ
Q) What is oil and gas management MBA? Is it worth it?
Yes. It is worth it. MBA in oil and gas management is a two year postgraduate program which enables an individual to learn essential administrative skills in the sector of oil and gas industry.
Q) What is the scope of this MBA degree?
MBA in oil and gas management opens up many doors to even newer industries which are not limited to the oil and gas industry but also extends up to Shipping and strategic consulting firms.
Q) What is the list of entrance tests required to get admission in this course?
As mentioned above,some important entrance tests are CAT, GMAT and CMAT candidates need to qualify these tests in order to get into the college of their choice.
Q) What is the salary of an MBA oil and gas management graduate?
A graduate of this degree can earn up to Rs 8-10 lakhs annually which increases with time through promotion and experience.
Q) Which is the best university to pursue MBA in oil and gas management from?
As mentioned above, list of college in the article above are best in their respective field and offer the latest curriculum and syllabus.
Q) What is the fee structure of an MBA in oil and gas management degree?
The tuition fee for this course ranges around rs 1-4 lakhs per annum.
Q) How useful is an MBA in oil and gas management?
As every industry is essential and provides service in their respective area, this degree ensures employment of skilled individuals to handle the matters of natural fuel management. As fuels are essential naturally occurring substance, it is extremely crucial to study and extract them as well as consume them with care; hence this degree is useful in this line of work.
Q) What is the course of this degree?
The latest syllabus is mentioned above in the article and is also divided semester wise to provide more ease.
Q) What if I pursue a normal MBA degree? Will I get a job in this sector?
MBA in oil and gas management is a specialized degree; hence it is advisable to pursue this specialization specifically to increase your chances to be hired by leading oil and gas industries.
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