What are the benefits of doing an MBA in petroleum management?

by O.P. Jindal Global University Best Private University

The oil and Petroleum industry is one the most important industry in the energy sector. There has been substantial growth in the use of renewable resources all over the world. This industry is the primary source for the industrial and transportation sectors. The resources from this industry are essential for the manufacturing and maintenance of many vehicles. An MBA in Petroleum Management in India can nurture their career in multiple avenues. The petroleum industry is booming in India. These days, the country’s pricing, exploration, import, and crude oil production and LPG are hot topics. The petroleum sector in our country affects many other sectors as industrial manufacturing, forex trading, and government policies.

An MBA in petroleum helps you understand and explore the technical and managerial skills required after becoming a professional in this field. It can assure a stable career opportunity for you in one of the most important sectors worldwide. The program covers all the administrative skills necessary to handle the management of business related to this domain. If you are a working professional, then a degree specialized in petroleum is of great help to access a job in the area of your choice. This sector offers a variety of job roles, from business operations to sales and purchases.

Career Opportunities

If you are willing to make a career in petroleum, some universities offer entry in this domain by offering courses specialized in petroleum. These courses provide you the knowledge as per the industry’s demand. Let’s discuss some profiles offered to the aspirants who graduated in this field.

Energy Analyst: They are responsible for checking and analyzing the distribution and consumption of the energy resources in the organization. They gather all the data and apply various methods to check the overall consumption in the industry and fulfil the demand by providing help on time.
Oilfield sales managers: They are responsible for looking after the major oil and gas refineries, audit and check the installation process of machinery, and assure the smooth outflow of services and distribution of resources in the refineries. They also examine all the oil and gas equipment in the refineries and ensure their smooth functioning.
Oil and Gas Consultants: They are appointed to check and analyze the fluctuation and current strength of the data related to the supply of oil and gas and keep an eye on the overall performance of the distribution channels.
Marine Service Officers: They work for the shipping industry and are responsible for exploring the potential spots that contain an oil and gas reservoir. They manage the extraction and storage of resources explored by the team.
Refinery Maintainance Manager: They are in charge of maintaining machinery, tools, equipment, and infrastructure. They help keep the inflow and outflow of resources without any disturbance.
Project Manager: They have to look after the execution of the project as per the plan, which includes the management, extraction, and distribution of resources. They are also in charge to take the report of all the team members in the project and ensure the smooth functioning of the tasks defined for every officer. They also prepare budgets and reports for the allocation of resources.

The job opportunities in this sector are expected to increase in the coming years to balance the demand and supply of petroleum management professionals. Therefore, if you are willing for a bright career opportunity with job security, this is the best education domain to invest your time in.