Top 5 Colleges Offering MBA in Oil, Gas, Petroleum, Energy and Infrastructure
Check the top five colleges in India that offer an MBA in Oil, Gas, Petroleum, Energy, and Infrastructure, along with their fees, eligibility, and admission criteria.
Top MBA in Oil, Gas and Petroleum Colleges in India: Fuel is a fundamental component of human civilisation. Whether it's fossil fuels or renewable energy sources, fuel remains an essential aspect of our daily lives. The oil, gas, and energy industry is evolving, seeking more fuel-efficient techniques and sustainable power sources, such as use of electric energy in vehicles. As with any dynamic and innovative sector, it also requires adept management. Specialised management programs, like full-time MBA courses with a focus on Oil and Gas or Petroleum and Energy, cater to the managerial needs of the energy and fuel sector.
According to Dr Sudhir Yadav, Professor at the School of Petroleum Management- PDPU, “It provides career opportunities in one of the most critical sectors which is important for the growth of any economy. The entire sector requires domain experts to deal with managerial, techno-managerial and commercial issues in functional areas such as Business Development/Marketing; Finance; Project Management; Supply Chain Management; Risk Management; Project Finance; Client Management etc. Every core industry sector has energy/energy infrastructure/infrastructure as one of their verticals wherein they need Energy and Infrastructure specialists."
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Most institutions offering MBA programs in Oil, Gas, Petroleum, Energy, and Infrastructure provide adequate placement assistance. The average salary package ranges from INR 5 lakh to INR 6.5 lakh.
“The graduating students normally work in profiles like Consulting to Energy Companies, Marketing of Petroleum Products, Business Analyst in IT firms for their energy company, Project Management in Upstream and Downstream of Oil and Gas Sector, Procurement and Commercial Function in Energy Companies, Oil and Gas Trading etc. Depending upon their previous work experience, they start as Asst. Manager/Associate Consultant/Sr. Officers/Management Trainee and make their way up,” he added.
Great Lakes Institute of Management, Gurgaon:
- Offers a 2-year Post Graduate Diploma in Management (PGDM) program, which is equivalent to an MBA
- The institute has a 7.2-acre campus with lecture halls, theaters, gymnasiums, resource centers, cafeterias, and more
- The PGPM programme is designed for professionals with 2+ years of work experience
- The fee structure for the PGPM programme is INR 16,65,000 for Indian students and approximately INR 26,34,000 for international students
MDI Gurgaon:
- Offers a Fellow Programme in Management (FPM) with a residential and non-residential option
- The FPM programme is designed for candidates with a consistently good academic record, professional accomplishments, and a strong desire to contribute to knowledge creation
- MDI Gurgaon provides financial support, including a contingency grant and research grants for attending conferences
- The FPM programme is largely residential in nature and takes approximately three to four years to complete
Both institutions have strong placements and experienced faculty, so the choice between FPM at Great Lakes Institute of Management, Gurgaon, and MDI Gurgaon would depend on your specific interests
As per the data available at NIRF 2024 official site, XLRI ranks 9th under the Management category and MDI Gurgaon has been ranked 11 among the top MBA colleges in India. Management Development Institute offers the highest package of INR 60 LPA and XLRI offers the highest package of INR 78.20 LPA for their flagship course PGDM. MDI noted a rise of nearly 12% in the PGDM HRM average package offered in 2023 as compared with 2022. XLRI has seen a rise of nearly 4% in the PGDM HRM average package offered in 2023 as compared with 2022.
Several colleges are offering MBA in Oil & Gas or MBA in Petroleum and Energy. Below, we have listed five top colleges offering such courses and with other important details.
- Top MBA in Oil, Gas, Petroleum, Energy and Infrastructure Colleges in India
- University of Petroleum and Energy Studies (UPES)
- Pandit Deendayal Energy University (PDEU)
- Rajiv Gandhi Institute of Petroleum Technology (RGIPT)
- Great Lakes Institute of Management, Gurgaon
- Management Development Institute, Gurgaon
Top MBA in Oil, Gas, Petroleum, Energy and Infrastructure Colleges in India
With more than 5500 MBA colleges in India offer different specialised courses. Among several specialisations, Oil, Gas, Petroleum, Energy and Infrastructure management are considered by a small group of candidates who have a prior experience in the field or are interested in the field. Here are the top five MBA in Oil, Gas, Petroleum, Energy and Infrastructure colleges in India:
University of Petroleum and Energy Studies (UPES)
University of Petroleum and Energy Studies (UPES) was established in 2003 to offer several courses focusing on Petroleum and Energy. With the education sector moving forward, UPES now offers courses under Law, Design, Modern Media, Liberal Studies, and more. Key highlights of MBA courses offered at UPES are tabulated below:
| Elements | Key Highlights |
|---|---|
| Course | MBA in Oil and Gas Management |
| MBA in Power Management | |
| MBA in Energy Trading | |
| Fee | INR 16.66 L (Oil and Gas Management) INR 16.51 L (Power Management) |
| Eligibility criteria | Bachelor’s Degree or equivalent qualification from recognised university with at least 50 per cent marks. |
| Selection Criteria |
Based on the following entrance exams followed by GD/PI rounds: - UPESMET - CAT - CMAT - XAT - GMAT - MAT |
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Pandit Deendayal Energy University (PDEU)
Pandit Deendayal Energy University (PDEU), formerly known as Pandit Deendayal Petroleum University (PDPU), was established in 2007 by GERMI as a private university. PDEU houses a 100-acre campus in Gandhinagar, Gujarat. Along with the MBA courses specialising in the Energy domain, PDEU offers courses under the Engineering and Liberal Studies stream. Key highlights of MBA courses offered at PDEU are tabulated below:
MDI Gurgaon placement has been rated 4.6 based on 78 Shiksha verified reviews and for IIM Indore the placement rating is 4.2 based on 203 Shiksha verified reviews. As per NIRF 2023, Management Development Institute Gurgaon has been ranked 13 among the top MBA colleges in India and IIM Indore has been ranked 8 under the Management category.
MBA is a two-year course divided into four semesters. UPES Dehradun offers MBA in 25 specialisations under 12 core streams through the UPES School of Business. The Global MBA course of UPES is offered for a duration of two-year with one-year in campus and another year in overseas universities. Check below some of the MBA specialisations:
| UPES Dehradun MBA Specialisations | |
|---|---|
| Marketing Management | Finance Management |
| Operations Management | Human Resource |
| MBA Metaverse and Web 3.0 | Aviation Management |
Yes, The School of Petroleum Management at Pandit Deendayal Energy University is widely recognised as a top-notch institution for MBA programs. It has gained a strong reputation for its specialised focus on the energy sector, particularly in petroleum management.
| Elements | Key Highlights |
|---|---|
| Course | MBA in Energy & Infrastructure |
| Fee | INR 8.5 L (approx) |
| Eligibility criteria | Bachelor’s Degree or equivalent qualification from a recognised university with at least 50 per cent marks (45 per cent for SC/ST candidates). |
| Selection criteria | CAT / XAT/ NMAT scores + Group Discussion, Written Ability Test and Personal Interview |
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Rajiv Gandhi Institute of Petroleum Technology (RGIPT)
Rajiv Gandhi Institute of Petroleum Technology, Amethi was established in 2007 by the Ministry of Petroleum and Natural Gas, Government of India. With a 47 acre campus, RGIPT has been among the top institutes imparting education in the petroleum and energy specialisations. Being an institute of national importance, RGIPT is among the top choices for students aspiring for a degree in Petroleum and Energy Management sector. The institute is co-promoted by leading companies including ONGC, IOCL, GAIL, BPCL, and HPCL. The table below mentions the key highlights of the MBA course offered by the Rajiv Gandhi Institute of Petroleum Technology:
| Elements | Key Highlights |
|---|---|
| Course | MBA in Petroleum & Energy Management |
| Fee | INR 2.8 lakh (approx.) |
| Eligibility criteria | Bachelor's degree or equivalent with minimum 50 per cent marks in any discipline from a recognised university (45 per cent for SC/ST/PH candidates) |
| Selection criteria | CAT/ XAT/ CMAT/ GMAT + Written Ability Test (WAT) and Personal Interview (PI) |
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Great Lakes Institute of Management, Gurgaon
Great Lakes Institute of Management, Gurgaon was established in 2010 with the approval of AICTE and AIU. Besides a Gurgaon campus, the institute has a campus in Chennai. The major highlights of Great Lakes Gurgaon are tabulated below:
| Elements | Key Highlights |
|---|---|
| Course | Post Graduate Programme in Management (Energy) - Specialisation in Power, Oil & Gas, Renewable Energy and Energy Efficiency, Sustainable Development and others |
| Fee | INR 13.68 lakh (approx.) |
| Eligibility criteria | Bachelor's degree or equivalent with minimum 50 per cent marks in any discipline from a recognised university |
| Selection criteria | CAT/ XAT/ CMAT/ GMAT scores + Personality assessment test |
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Management Development Institute, Gurgaon
Management Development Institute, Gurgaon was established in 1973. Back in the day, the institute was established with the motive to train managers. MDI Gurgaon has become the first Indian B-school to receive accreditation by the Association of MBAs (AMBA), London in 2006. The institute has approval from AICTE and NBA to offer management programmes. The table below mentions the key highlights of the MBA course offered by MDI Gurgaon:
| Elements | Key Highlights |
|---|---|
| Course | Post Graduate Programme in Energy Management (PGP-EM) |
| Fee | INR 15.35 lakh (approx.) |
| Eligibility criteria | Bachelor's degree or equivalent with minimum 50 per cent marks in any discipline from a recognised university |
| Selection criteria | CAT/GMAT + Personal Interview |
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Please note: This is an indicative list and not based on any order or ranking)
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The table below shows MDI Gurgaon placements 2023 statistics as compared with the placement statistics of top MBA institutes such as FMS Delhi, IIFT Delhi and JBIMS Mumbai:
Institute Name
the highest Package (2023)
Average Package (2023)
MDI Gurgaon
INR 60 LPA
INR 27.67 LPA
FMS Delhi
INR 1.23 crore per annum
INR 34.1 LPA
IIFT Delhi
Domestic: INR 76.5 LPA
International: IRN 85.4 LPA
INR 29.1 LPA
JBIMS Mumbai
INR 35.75 LPA
INR 28.02 LPA