MBA in Power Management is a Postgraduate program. The duration of the course is 2 years. It is a program created for the knowledge, management and effective utilization of resources of energy. This course is a branch of engineering together with the management and administration of Power Management. The minimum eligibility criteria for this course is that the candidate is required to complete a bachelor’s degree in any discipline most preferably in Power engineering with a minimum aggregate of 50% or above from a recognized institute. The bachelor’s degree should not be less than 3 years.
In order to pursue MBA in Power Management, the candidate is required to appear for the entrance test such as CAT, XAT, GMAT, GATE etc. These are combined tests for several universities. The candidates are required to score a valid score and should come within the cut-off range.
Check: MBA Admission Process
The average course fee for this course is around INR 1,00,000- 6,00,000 for the entire duration. Some of the top colleges are the University of Petroleum and Energy Studies, NIT Graduate School of Management, Prestige Institute Of Management and Research etc.
See Also: Top Colleges for MBA Power Management
Post completion of this course, the candidate can work as a Project Manager, Operations Manager, Commodity Trader, Research Analyst etc. Candidates can work in both private sector or public sector or even public sector undertakings such as NTPC, NHPC, Essar OIls , Reliance Industry etc.
Table of Contents
1.1 Why study MBA in Power Management?
1.2 What is an MBA in Power Management?
1.3 What does a Power Management graduate do?
2.1 Eligibility
5.1 Top recruiters
MBA in Power Management Course Highlights
| Course Name | Master of Business Administration in Power Management |
| Course Duration | 2 years |
| Exam Type | Semester type |
| Eligibility Criteria | Must have completed a Bachelor's from a recognized Institute. |
| Selection Process | Entrance test followed by Interview |
| AVerage Course Fees | INR 1,00,000 - 3,00,000 per annum |
| Job positions | Engineering Manager, Technician, Project Manager, Service Maintenance Manager |
| Employment Areas | Public Sector Undertakings |
| Average Annual Salary | INR 7,78,000 per annum |
Why Study MBA in Power Management
Power Management is one of the most important things in the world. The world cannot subsist without it. It is also one of the integral parts of all the industries and sectors. The scope of Power Engineering and Power Management is very vast and extensive. Some of the benefits of pursuing an MBA in Power Management are mentioned below for your reference,
- Future Prospects: Power Management has a very wide scope in terms of career. After completing Power Management, The candidate can work in several public sector undertakings such as NTPC, NHPC, Reliance Industries, Hindustan Petroleum, Indian Oil, etc. They can work as Business Analyst, Research Analyst, Commercial Managers, EPC Managers etc.
- High Salary: Candidates after completing MBA in Power Management can earn a starting salary range between INR 3,25,000 - 8,00,000 per annum. Whereas candidates with more than 5 years of experience can earn between INR 16,00,000 per annum. The highest salary can go upto INR 40,00,000 per annum.
- Helps in developing new skills: This course helps in the development of new skills and abilities which are required to excel in the profession. These skills will teach candidates how to manage and make effective utilization of resources.
- International Opportunities: After a few years of service candidates can get a chance to work internationally. Since most of the Public Sector undertakings have their bases internationally, candidates can get transferred there and work on even much higher salaries.
What is an MBA in Power Management?
The detailed description of MBA Power Management is provided below for the candidate's better reference,
- MBA or Master in Business Administration is a Postgraduate program after completing a bachelor's degree. The duration of the course is 2 years. The average course fees range from INR 1,00,000 - 6,50,000.
- Admission to this course is done on the basis of entrance exams such as CAT, GMAT, XAt, etc.
- It is a combination of both Engineering and Management and teaches modes of effective utilization of energy.
- This course focuses on increasing technical skills and abilities such as project planning and management, Flexibility, confidence, time management etc.
- The course aims to train candidates in operation management, power supply, power control, etc.
See Also: All About MBA
What does a Power Management graduate do?
The jobs and Responsibilities are very vast for those who want to work in this sector. Some of the responsibilities are mentioned below for your reference,
- Candidates who have completed an MBA in power management get a lot of opportunities to explore not in power management but energy companies such as NTPC, NHPC, Powergrid, BHEL etc are some of the top navratna companies.
- Candidates will get to manage strategy, consulting, finance, etc
- It is one of the highly regarded post and can work in NGOS, Rural Development, or even set up their own business.
Who should study MBA in Power Management?
This course can be pursued by anyone, even one not having a specific degree in power engineering or who is looking to pursue a career in the power and energy sector. Let’s take a look at who can pursue this course,
- Anyone who is innovative and wants to have a career in designing innovative techniques that helps in the growth of the power sector.
- Candidates with engineering background
- Candidates who possess technical skills and analytical skills that will work towards the effective utilization of resources etc.
- Candidates from any background can opt to pursue MBA in Power Management.
MBA in Power Management Admission Process
MBA in Power Management can be pursued through regular as well as from distance. However, candidates must check the official website before applying for the program. Candidates must make sure that all the documents are present with the candidate that is required to fill the application. Candidates must also follow the instructions before filling out the application form. The application process to apply for MBA Power Management is mentioned below for your reference,
- Candidates must check the official website of the college
- Candidates must check if the college conducts its own entrance examination or combined entrance examination.
- Candidates must register themselves for the program
- After successful registration of the program, login-id and password will be sent on the registered mobile number and e-mail ID.
- Candidates must fill out the application form
- Upload all the relevant documents required such as 10th certificate, 12th mark sheet, graduation mark sheet, extracurricular, etc.
- Candidates must pay the requisite fees online.
- After paying the fees the candidates must finally submit the application form.
| MBA Admission Process | MBA Admission in tier 1 Colleges |
| Distance MBA Admission Process | MBA Group Discussion (GD) Topics |
MBA in Power Management Course: Eligibility
Candidates must make sure to check the eligibility criteria before applying for the course. If any of the parameters are not fulfilled then the application will be rejected. Some of the main eligibility criteria are as follows,
- Candidates must have a bachelor’s degree or an equivalent degree in any discipline from a recognized university
- A degree in power engineering will be preferable.
- The candidate must have scored a minimum aggregate of 50% or above or equivalent CGPA.
- Candidates must appear for the common entrance test such as CAT, XAT, GMAT, etc.
- Candidates must have scored a valid score in the entrance test.
- Successful candidates will be called for further processes such as GD and interviews.
See Also: MBA Eligibility
MBA in Power Management Course: Entrance Exams
MBA in Power Management Syllabus
The course of MBA in Power Management is very vast and contains both the quantitative and qualitative aspects of the syllabus of Power Management. Human Resource Management, Power Structure & Functioning, Power Industry Accounting are some of the subjects which teach candidates about financial management and Accounting in Power Management apart from the core of Power management which very effectively works in the smooth functioning of the business. The syllabus of MBA Power Management is tabulated below for your reference,
First Year Subjects
| Quantitative Methods Business Communication | Organizational Behavior Marketing Management |
| Human resource Management | Business Research Methods |
| IT Applications in Power Sector Power Economics | Power Generation & PSM |
| Project Management & Contract Administration | Solar Power Development & management |
| Power Sector Structure & Functioning | Power Financial Management |
| Regulatory Framework in Power Sector | Power Transmission & Distribution |
| Power Industry Accounting | Operations and Materials management |
| Principal and Practices of Management | Executive Communication Pro |
| Energy Power Trading & Network Administration | - |
Second Year Subjects
| Strategic Management | Supply Chain & Logistics for Power Industry |
| Econometrics Risk Management & Insurance | Wind & alternative Source of Energy |
| Power Sector Planning & Integrated Power Resources management | Global Power Business |
| Energy & Business Law | Energy Conservation & Adults |
| Power Pricing & Power Purchase Agreements | Distribution Automation and Smart Grids |
| Financing | Fuel & Water resource management |
| Executive Communication Pro | Hydro & Nuclear Power Resources Management |
| HSE For Power Industry | - |
MBA in Power Management: Top Colleges
In India, there are more than 100 colleges that offer MBA in Power Management courses and other related courses. Some of the top colleges in India are mentioned below,
| Name of the College | City | Average Fees |
|---|---|---|
| University of Petroleum and Energy Studies | Dehradun | 6,86,000 |
| Shri Krishna University | Chattarpur, Madhya Pradesh | 50,000 |
| NIT Graduate School of Management | Nagpur | 1,56,000 |
| Dr. Sarvepalli Radhakrishnan College of Business Management | Nagpur | 1,23,471 |
| JG University | Ahmedabad | 2,34,000 |
| Kirsan’s Mission Institute of Management | Maharashtra | 90,000 |
| Prestige Institute Of Management and Research | Indore | 1,19,500 |
| Mangalayatan University | Jabalpur | 90,000 |
| National Power Training Institute | Faridabad, Haryana | 2,50,000 |
| BML Munjal University | Gurugram | 5,80,000 |
| Greater Noida Institute of Technology | Greater Noida | 3,42,000 |
| New Horizon College of Engineering | Bangalore | 5,00,000 |
| Woxsen technology | Hyderabad | 7,25,000 |
MBA in Power Management: College Comparison
| Particulars | University of Petroleum and Energy Studies | NIT Graduate School of Management | National Power Training Institute |
|---|---|---|---|
| Overview | Established in 2003, UPES is a UGC approved university with a Grade a accredited by NAAC. It offers specialization in more than 20 programs and is known for its placements. | NIT GSM, established in 1997, has become synonymous with excellence in Management in Nagpur and beyond. | NPTI, set up under the Ministry of Power, has been providing its services for more than 5 decades now. Established in 1968, this premier institute has trained more than 3 lac plus power professionals. |
| NIRF Ranking | 65 | 99 | 29 |
| Fees | 6,86,000 | 1,56,000 | 2,50,000 |
| Salary package | 8.37 LPA | 12.35 LPA | 5.5 LPA |
MBA in Power Management Jobs
Below listed are some of the job prospects after MBA in Power Management:
| Position | Description | Average Salary |
|---|---|---|
| Engineering Manager | An engineering manager is basically responsible for the development of techniques and solving issues in case of any problems | 7,70,000 |
| Project Manager | Project Managers looks after the construction and working of the mechanisms in the power plant. They are the technical experts. | 8,82,000 |
| Industrial Engineers | They analyze and design equipment, infrastructures, handling systems etc. | 4,50,000 |
| Production Manager | They are responsible for the technical support, supervision and controlling of industrial processes. They look after the manufacturing and production of power. | 9,70,000 |
| Service Maintenance Engineer | The role of a Service Maintenance Engineer is to maintain, repair, service machinery | 5,60,000 |
MBA in Power Management: Top Recruiters
| Ministry Of Power | Ministry of New Renewable Energy | Ministry of Petroleum and Natural Gas |
| ESSAR Oils | National Thermal Power Corporation | GAIL |
| BHEL | Technip | Bihar State Power Holding |
MBA in Power Management: FAQs
Ques. What are common entrance exams for MBA in Power Management?
Ans. Some of the common entrance exams are:
- CAT
- GMAT
- XAT
- XLRI
Ques. What is the scope of MBA in Power Management in India?
Ans. After completing MBA in Power Management, the candidates get a lot of opportunities in different organizations, companies and NGOs. They make sure that all the business activities are performed and due compliance is made. Candidates can get the chance to work as a project Manager, NGO Manager, Environmental Finance Manager etc..
Ques. How Can one pursue an MBA in Power Management?
Ans. Yes, one can pursue an MBA in Power Management who has completed a bachelor's degree in any discipline preferably power engineering. Many universities take admissions on the basis of entrance exams so the aspiring candidate must qualify the entrance exam such as CAT, GATE, SET, etc.
Ques. What are the job profiles after MBA in Power Management?
Ans. Some of the popular job profiles after MBA in Power Management are:
- Project Manager
- Production manager
- Supervisor
- Service Maintenance ENgineer
Ques. What are the employment areas after completing an MBA in Power Management?
Ans. The employment areas where the candidate can work are:
- Private Companies
- Government Organizations
- Public Sector Undertaking
- OIl Companies
Ques. Can an MBA in Power Management be done from a distance?
Ans. Yes, it can be done from Distance but it is preferred that it should be done from regular as candidates will not get enough exposure.
Ques. What is the highest salary after completing a degree in MBA in Power Management?
Ans. The highest salary after completing a degree in MBA Power Management can range between INR 30,00,000 - 41,00,000 per annum.
Ques. Name some of the top colleges for MBA in Power Management?
Ans. Some of the top colleges for MBA in Power Management are:
- University of Petroleum and Energy Studies
- New Horizon College of Engineering
- Dr. Sarvepalli Radhakrishnan College of Business Management
- National Power Training Institute
Ques. Who are the top recruiters for MBA in Power Management?
Ans. Some of the top recruiters for MBA inPower Management are
- Reliance industries
- Essar oil
- Adani Enterprises
- Technip India
![University of Petroleum and Energy Studies - [UPES]](https://staticstage.collegedunia.com/public/college_data/images/appImage/25997_contactus.jpg?h=150&w=320&mode=stretch)
![University of Petroleum and Energy Studies - [UPES]](https://staticstage.collegedunia.com/public/college_data/images/logos/1550567037UPESLogo1.png?h=30&w=30&mode=stretch)
![NIT Graduate School Of Management - [NITGSM]](https://staticstage.collegedunia.com/public/college_data/images/appImage/_NIT1.jpg?h=150&w=320&mode=stretch)
![NIT Graduate School Of Management - [NITGSM]](https://staticstage.collegedunia.com/public/college_data/images/logos/1478860810NIT.jpg?h=30&w=30&mode=stretch)
![Kirsan's Mission Institute of Management - [KMIM]](https://staticstage.collegedunia.com/public/college_data/images/appImage/149104054322.jpg?h=150&w=320&mode=stretch)
![Kirsan's Mission Institute of Management - [KMIM]](https://staticstage.collegedunia.com/public/college_data/images/logos/14910405432.jpg?h=30&w=30&mode=stretch)
![National Power Training Institute - [NPTI]](https://staticstage.collegedunia.com/public/college_data/images/appImage/14463_NPITF_APP.jpg?h=150&w=320&mode=stretch)
![National Power Training Institute - [NPTI]](https://staticstage.collegedunia.com/public/college_data/images/logos/1709104477download25.png?h=30&w=30&mode=stretch)
Comments