MBA Power Management
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.
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
|
Job positions
|
Engineering Manager, Technician, Project Manager, Service Maintenance Manager
|
Employment Areas
|
Public Sector Undertakings
|
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.
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.
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
|
NA
|
MBA in Power Management Admission Process
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 in Power Management Jobs
Below listed are some of the job prospects after MBA in Power Management:
Position
|
Description
|
Engineering Manager
|
An engineering manager is basically responsible for the development of techniques and solving issues in case of any problems
|
Project Manager
|
Project Managers looks after the construction and working of the mechanisms in the power plant. They are the technical experts.
|
Industrial Engineers
|
They analyze and design equipment, infrastructures, handling systems etc.
|
Production Manager
|
They are responsible for the technical support, supervision and controlling of industrial processes. They look after the manufacturing and production of power.
|
Service Maintenance Engineer
|
The role of a Service Maintenance Engineer is to maintain, repair, service machinery
|
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
|
Conclusion
Pursuing an MBA in Power Management opens up a world of opportunities in the dynamic and ever-evolving energy sector. With the increasing demand for renewable energy, advancements in technology and evolving regulatory landscapes, professionals with expertise in power management are well-positioned to make a significant impact.
Graduates will gain in-depth knowledge of power management, energy efficiency, renewable energy sources and sustainable practices. Skills provided in the course will open up diverse career paths in the roles such as energy consultant, project manager, analyst and strategist. Candidates will also acquire financial management skills will allow them to make informed decisions and optimise resource allocation for sustainable growth.