Students of Petroleum Management draw better remuneration packages

Students of Petroleum Management draw better remuneration packages

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Updated on Dec 19, 2011 12:46 IST
The average remuneration package of MBA (Energy and Infrastructure) of School of Petroleum Management (SPM) of Pandit Deendayal Petroleum University (PDPU) has increased by 10%.

Petroleum management has been always a second choice of student when compared with other fields. This field has always been in the dark but in reality students from this field draw better remuneration packages. In the midst of the challenging economic environment and job market, the average remuneration package of MBA (Energy and Infrastructure) of School of Petroleum Management (SPM) of Pandit Deendayal Petroleum University (PDPU) has increased by 10%. By every passing year, the demand is increasing for students who have specialized in energy and infrastructure.

So far the highest offer for the outgoing batch of SPM is Rs. 12 lakhs and the average package offered is  Rs. 7.38 lakh. Top-notching companies have participated in SPMs campus placements 2011-12. To name a few are Ernst & Young, Indian Oil Corporation, Bharat Petroleum Corporation, Larsen & Toubro, Accenture, Infraline Energy Research and Information Services, Sabarmati Gas, Mahanagar Gas, Gujarat State Petroleum Corp, Jubilant Energy, Yes Bank, IL&FS, AF-Mercados EMI and Infosys.

The director of SPM stated that some other IT and consulting firms and financial institutions have also participated in the placement process. In the placement season of 2011-12, the major recruiters were being oil marketing Companies, IT companies, consulting firms, engineering companies, city gas distribution companies, upstream companies and banks and financial institutions.

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Source: Richha Bhatnagar (Shiksha Team)

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