Power Sector and its related fields in India has come to a stage where it needs effective and prepared experts who can contribute in making of value approaches and arrangements. With the privatization of this segment, new doors have opened up and difficulties are developing. Afterwards, numerous organizations offer a study program in Power Management that arrangements with overseeing power in a manner that would prompt most extreme quality creation. Experts in this field need to make effective plans, define and convey them in connection to power generation.
India is the sixth largest consumer of power and hence its significance is ever-increasing. This has led to rising interest amongst the new generation to take up Power Management as a career choice.
MBA in Power Management: What does it inculcate?
An MBA in Power Management engages the students with one of a kind aptitudes needed to oversee and control standard power supply and computer prerequisites. It shows them ideas over the range in era, transmission and conveyance. It helps in updating and keeping the students side by side to most of the recent improvements in the business and breeds in them the mastery to imagine the future direction of the market of power. Thus, the greater part of the Power Management Institutes holds standard workshops, expert sessions related to the Power Industry and so on.
About the Power Management MBA Programme
Usually the duration of MBA in Power Management as offered in many Institutes is 2 yrs, which can vary between PGP and PGD programmes. This is generally a full time programme and in most of the colleges the specialization offered has a few certain eligibility criteria. The first eligibility criteria is that the applicant should hold a Engineering degree or a B.Sc degree, with Physics, Chemistry and Maths and should have acquired at least 50% aggregate in the degree examination. The second criteria is that the applicant must have scored at least 505 in their tenth and higher secondary examination (10+2).
Topics taught under MBA in Power Management
The main topics taught within the MBA in Power Management programme includes the apart from the basic management subject, a number of specialized topics concentrating exclusively on Power Management. The subjects and topics taught under Power Management are :
Power Generation & PSM
Fuel Resources and Technology & Management
Power Sector Structure & Functioning
Power Transmission and Distribution
Energy Power Trading
Regulatory Framework in Power Sector
Non-Conventional Method of Power Generation
Global Power Business
Hydro and Nuclear Power Resources Management
Power Pricing & Purchase Agreements
Energy Conservation and Audit
Energy Law & Policy
Integrated Power Resources Management. & Power Sector Planning
Rural Energy Management
Indian Institutes offering MBA in Power Management
India has been a leading consumer and producer of power and holds the potential to increase it. For this purpose, Power Management has emerged as one of the popular career choice in the recent times. There is less chances of this sector being affected by any kind of economical recession and this stream of MBA opens up career options for any Engineering or B.Sc students apart from the conventional careers. The leading Indian Institutes offering MBA in Power Management are :
National Power Training Institute (NPTI), Faridabad
NYSS Institute of Management & Research;Power Management, Nagpur
Indian Institute of Technology (IIT)
University of Petroleum and Energy Studies, Dehradun
Power Management Institute, Noida,UP
Symbiosis Institute of Business Management(SIBM), Pune
MDI School of Energy Management
What are the prospects after MBA in Power Management?
An MBA in Power Management does surely opens up a lot pf opportunities for the candidates. It offers variety of careers and also the pay scale in this sector is very high. With the recent development in the Power sector, there has been a gradual rise in the number of people being interested in Power management. A few of the job roles, and careers in Power management which are available after pursuing an MBA in Power Management are:
Customer Support Manager
Energy Conservation Auditor