Petroleum Management

July 28, 2015 814 content.teams

The Petroleum Industry has a ever increasing demand for professionals who are not only efficient in their knowledge about the industry but also is familiar with necessary traits of marketing and management related fields. Petroleum management is basically born out of a mixture of studies of Petroleum Industry and Business Management. It looks at the potent Petroleum Industry with the perspective of Business Management, and works for optimum profit oriented end.

Petroleum Management as a career Choice

Petroleum Industry as a career choice has itself taken a new turn, due to the venture of many Private authorities which have gained control over the Petroleum sector of the economy. Hence, with this the prospect of recruiting highly skilled Petroleum Management professional has increased many fold. And there becomes important the MBA specialization in Petroleum Management.

MBA in Petroleum Management offers a management degree in Petroleum Management, which is a two-year post graduate degree program. Almost all the Institutes offer a full time degree course of a duration of 2 years.

Subjects/Topics under Petroleum Management

Although the basic subjects and topics taught in Petroleum Management is similar to all the MBA courses, but at the same time, this program specialize in a few topics which are exclusive to Petroleum Management. They are:

  • Basics of Business Management Studies

  • Energy Economics

  • Regulatory Economics

  • Energy Trade

  • Risk Management

  • Managing Refineries

  • Marketing of Petroleum Oil Lubricants

  • Legal Aspects

  • Health, safety and Environment Management

Top Recruiters after MBA in Petroleum Management

After pursuing an MBA in Petroleum Management, the students will be eligible and recruited as per that into the various Petroleum sector, and into industries and firms owned by Government or Private companies, both in India and abroad. Some of the known recruiters of Petroleum Management professionals are:

  • Indian Oil Corporation Ltd.

  • Bharat Petroleum Corporation Ltd.

  • Larsen and Toubro Ltd

  • Infraline Energy Research and Information Services

  • GAIL

  • Deloitte

  • Essar

  • Adani Power Limited

Top Petroleum Management Institute in India

Not all Management Institutes specialize in Petroleum Management and there are only a few of them in India. They are:

  • Pandit Deendayal Petroleum University: School of Petroleum Management

  • Rajiv Gandhi Institute of Petroleum Technology

  • CSIR-Indian Institute of Petroleum

  • Gujarat Energy Research and Management Institute (GERMI)

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