Reasons to Pursue an MBA in Petroleum Management in India
Vikash SinghFuel is a fundamental part of human civilisation. Fossil fuel or renewable sources of energy and it has become an essential part of our lives. Like any other sector, this ever-expanding and evolving sector also require efficient managers. Niche management programmes such as an MBA in Petroleum Management or concentrate on the need for the energy and fuel industry.
Deciding to study for an MBA in Petroleum Management in India is a big decision for working professionals. Is pursuing a Master's in Business Administration with a specialization in Petroleum Management a right choice? Overall, is this degree worth it? If you are all set to enter the competitive world of business today, I think it is. MBA is one of the most sought-after degrees in India because it provides employment opportunities.
So, what can you do with a distance MBA in Petroleum Management in India? The degree will offer you a wealth of advantages, especially from a well-known business school. After completing the course, getting a high salary, a management position, developing a robust professional network, or even becoming your boss are just a few of the advantages of studying an MBA in Petroleum Management in India or a Diploma in Oil and Gas Management.
Here are some reasons to choose MBA in Petroleum Management in India -
- Working in the petroleum oil and gas industry offers various learning opportunities. The professionals get excellent exposure throughout their job is more than what they would anywhere else. Also, the functions are diverse, and professionals can work in many domains. You will also get many career opportunities to work overseas, leading to a different professional and cultural experience. You will be free to choose your career path and learn a lot in the petroleum industry.
- The increasing trend in this field increases the demand for professionals over the years. In India and all around the world, the petroleum, oil and gas industry has been growing. Be it natural gas, petroleum or renewable sector, the consumption is rising and is expected to increase at five per cent or higher every year. According to the Petroleum Planning and Analysis Cell (PPAC) India, petroleum products consumption has risen from 12.9 Million Tons in 2014 to 15.2 Million Tons in 2015.
- Without any doubt, there are many job opportunities in the petroleum, oil and gas sectors for management professionals. MBA in Petroleum Management in India is a highly versatile field of study, but professionals can also choose different paths later. From management to operations, purchase, finance, sales and marketing - a petroleum oil and gas management professional has been trained to work in all domains. Therefore, they can also select their career pathway after pursuing MBA in petroleum management.
- The petroleum industry is one of the highest paying industries in the country. As soon as you finish your MBA degree from distance learning, you will be placed by the university. The fresher in the industry will get a salary of around six to eight lakh per annum. The package offered in this field is more than what other MBA branches offer. So, from a salary point of view, petroleum management is a profoundly fruitful branch.
- Since this industry is one of the core industries, it is quite stable in having a career. The demand will never decrease, and if once you have entered the industry, you will work in it throughout your life. Generally, there are also no layoffs in this industry.
Suppose you wish to have a career in petroleum management or oil gas management. In that case, the universities in India provides unique programmes at the postgraduate level, even in distance learning mode for working professionals. The complete course is centred on preparing future managers and leaders who can handle this ever-evolving sector.