Power Management is an important aspect of running any organisation. The business transactions of the modern age extensively depend on computers and electricity driven devices, efficient power management is imperative for improving outputs. It is a division of management that deals with the efficient utilization of energy in all equipments used on a large scale in an organization. Power is a basic necessity to run our homes and offices. As the population of the world is steadily increasing and so are the machines, large amounts of energy is required to perform day to day tasks at home and in the offices. Energy obtained from any source like petroleum, water, wind and coal has to be efficiently managed to ensure longevity of these resources.
A graduate in power management is trained in the field of designing planar magnetic, layout considerations, operation management, construction or power supply, power control and designing digital telecom rectifier among other technologies. The idea behind a power management program is to empower graduates with skills which are required to administer as well as control the regular power supply and computer requirements.
Courses you can pursue:-
• Master of Business Administration in Power Management • Master of Business Administration in Petroleum & Power Management • Post Graduate Diploma in Power Management • Post Graduate Diploma in Energy Management
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.
The eligibility criteria for pursuing a master’s degree are holding a bachelor's degree. Students will have to attend entrance exams such as MAT/CAT/XAT or ATMA to get admitted into this course. The duration for this course is 2 years.
• Financial Derivatives • Global Power Business • Power station management • Hydro power resources management • Organization change and development • Strategic cost management and control
Career opportunities in the field of power management are immense. After their graduation in this field, students can take up positions such as business development manager, energy dealer, price analyst and director of operations. After suitable experience, they can also seek employment in government and private organizations such as NTPC, Power Finance Corporation, Damodar Valley Corporation, and Power Grid Corporation of India Limited in prominent roles and positions in the organization.
Campus interviews in reputed institutes are one of the modes of hiring these public sector organizations are looking into. The candidates selected in the interview will have to undergo mandatory work probation for 1-2 years. On the successful completion of probation period, they are offered a permanent position and they can avail remunerations in the form of the regular pay scale. Graduates can also look into the profession of teaching in colleges and university through this program
The remuneration of a professional mainly depends on a variety of factors such as the company, job profile, qualification, skills and work experience of the candidate. Students can expect income around Rs. 15, 000 to Rs. 25,000 every month after completion of their course in power management. Experience always boosts the salary package as in all sectors.