The world runs on oil and gas. They are the most important sources of energy in the world and they are depleting due to overuse. Management of these resources, therefore, has become essential and it is a national responsibility. The program of Oil and Gas Management deals with effective logistics & supply, infrastructure, transportation and management of the oil and gas Industry.
Owing to the increase in population, there is an increased demand for crude oil and gas in all countries across the world. This has resulted in development of new techniques for oil drilling, exploration, extraction, refinement and processing. The industry is exploiting modern technologies to locate and extract oil which has resulted in a rise in demand for petroleum engineers. Oil and gas management is specifically designed for professionals who plan a professional or managerial career in the field of energy sources and their operations, logistics or supply chain management.
a program in a reputed institute will enable a graduate to develop the ability to use the world-leading software to enhance project operation thereby optimising business operational performance, to apply the latest technology and research to the analysis of troubling problems being faced by the world’s oil and gas industry in today’s world, to optimise the usage of oil and gas and to possess a thorough understanding of operations, logistics and supply chain management in the oil and gas industry.
Courses you can pursue:-
• Bachelor of Science (Hons) in Oil & Gas Management • Master of Science in Oil & Gas Management • Postgraduate Diploma in Oil & Gas Management • Postgraduate Certificate in Oil & Gas Management • Master of Business Administration in Oil and Gas Management • B.B.A. (Petro Marketing) + M.B.A. (Oil and Gas Management) • Doctor of Philosophy in Fuel Cells
For admission in a bachelor’s degree, the candidate must have passed the higher secondary school certificate (10+2) examination. The duration for this course is 3 years. Engineering in technical subjects can help build a career in oil & gas management.
The eligibility criteria for pursuing a master’s degree are holding a bachelor's degree. Students will have to attend an entrance exam such as MAT/CAT/XAT or ATMA to get admitted into this course. The duration for this course is 2 years.
The demand for a professional in Oil and Gas specialisation is universal and the perks are rewarding. There are varied career opportunities including an opportunity to work with international organizations with a worldwide presence. A program in the oil and gas management will offer students business and leadership skills required for operation at a strategic level as an energy manager. Numerous government organizations, too, offer positions to freshers and experienced professionals interested in research and management of energy sources.
The industry requires minds that are not only proficient in the science of energy management but also an understanding of the important economic, political and social factors affecting international strategy in the industry. It is therefore mandatory that the candidate understands international trade and business.
The remuneration of a professional mainly depends on the factors such as the company, job profile, qualification, skills and work experience. A fresh graduate will generally be taken in as an intern or on probation where he/she is extensively inducted into the industry. The salary in this period may be in the range of Rs. 15,000-20,000. After the completion of the probation, the salary will be increased to a more lucrative number. Professionals can earn around Rs 40,000 to 65,000 every month. Postgraduate students from reputed management schools take away more. There are lots of job opportunities available in India as well as in foreign countries.