- Degree Course Type
- Entry Level Qualification
- Degree Course Duration
- Course Fields
- Degree Course Entrance Exam
- Average Course Fee
- Average Salary Offered
- Course Details
- Course Highlights
- About Course
- Why Choose Course And Required Skills
- Eligibility
- Entrance Exams Details
- Degree Course Syllabus
- Top Colleges
- Course Fees
- Top Recruiters And Salary
- Course Scope And Career Options
- Admission Process
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Course Details
MBA IN POWER MANAGEMENT
Degree Course Type
Masters
Entry Level Qualification
Graduate
Degree Course Duration
2 Year
Course Fields
Management
Average Course Fee
70000 - 400000 Per Year
Average Salary Offered
300000 - 800000 Per Year
Course Highlights
Degree | Masters |
Full Form | Masters of Business Administration in Power Management |
Duration | 2 Years |
Age | There is no upper age limit to enroll in the course. |
Entrance Exam | CAT, XAT, MAT, CMAT, GMAT, etc. |
Minimum Percentage | A minimum of 50% marks in UG for the unreserved category and 45% marks for reserved category students. |
Average Fees | INR 70,000 - 4 LPA |
Similar Options of Study | MBA in Energy Management |
Average Salary | INR 3-15 LPA |
Employment Roles | Engineering Manager, Commodity Trader, Industrial Engineer, Production Manager, EPC Manager, etc. |
Opportunities | NTPC Limited, Power Grid Corporation of India Limited (POWERGRID), Adani Power, Tata Power, Siemens Energy, etc. |
About Course
Power production is one of the most important parts of the development and growth of a nation. Keeping this in mind, the government, as well as private players of the power production industry, have started encouraging the education sector to train individuals who wish to pursue a career in the power development and management domain.
MBA in Power Management is a new field of business education; however, the course is in demand amongst technical graduates who want to foray into power generation management and other similar profiles. MBA in Power Management prepares the aspirants to solve issues related to the power industry and tackle the challenges related to the spectrum of production, transmission and distribution of energy.
Why Choose Course And Required Skills
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.
1. 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.
2. 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.
3. 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.
4. 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.
The skills to excel in the MBA Power Management course are focused on gearing students up for high-pressure and high-stakes employment opportunities. MBA in Power Management requires that some essential skills be employed in students to adapt to the dynamic sector of Power and Energy.
Some of the integral skills for students in MBA Power Management course are:
1. STEM Knowledge: Aspirants with knowledge in Science, Technology, Engineering, and Maths are valued in technical fields such as the power and energy sector.
2. Social Awareness: Aspirants with an understanding of social responsibility, and the environmental impact and benefits of the field they’re working in are essential. Aspirants must promulgate these ideas of sustainability and environment conservation throughout their work.
3. Project Management Skills: Managing projects requires being able to devise and plan resources and ensure smooth workings, through challenges and risks.
4. Ethical Skills: Aspirants must be able to understand the implications of working in the power and energy sector. Aspirants must adhere to the right code of conduct.
5. Collaboration: The ability to communicate effectively between teams and ensure synchronous functioning and achievement of goals.
Eligibility
Students opting for an MBA in Power Management have to satisfy certain criteria to be admitted into the course. MBA Power Management eligibility criteria is highlighted below for clarity:
1. Aspirants must have finished a UG degree in Management or Science field with a minimum of 50% aggregate marks for the unreserved category and 45% marks for the SC/ST/OBC/PwD category from a board-recognized university.
2. Some colleges specify the MBA in Power Management eligibility criteria as a 60% minimum aggregate.
3. There is no age limit for pursuing an MBA in Power Management course.
Entrance Exams Details
The MBA in Power Management entrance exams are conducted at both national and institute levels. Colleges such as UPES also conduct their own entrance known as UPESMET for students who have not taken any national-level exam. Some of the popular MBA in Power Management entrance exams are mentioned below:
1. CAT
2. MAT
3. XAT
4. CMAT
5. MHT CET
Degree Course Syllabus
First Year:
Quantitative Methods Business Communication | Power Industry Accounting | Power Transmission & Distribution |
Human Resource Management | Organisation Behavior Marketing Management | Operations and Materials management |
IT Applications in Power Sector Power Economics | Business Research Methods | Principal and Practices of Management |
Project Management & Contract Administration | Power Generation & PSM | Executive Communication Pro |
Power Sector Structure & Functioning | Solar Power Development & Management | Energy Power Trading & Network Administration |
Regulatory Framework in Power Sector | Power Financial Management |
|
Second Year:
Strategic Management | Financing | Energy Conservation & Audits |
Econometrics Risk Management & Insurance | Executive Communication Pro | Distribution Automation and Smart Grids |
Power Sector Planning & Integrated Power Resources Management | Supply Chain & Logistics for Power Industry | Fuel & Water Resource Management |
Energy & Business law | Wind & Alternative Source of Energy | Hydro & Nuclear Power Resources Management |
Power Pricing & Power Purchase Agreements | Global Power Business | HSE for Power Industry |
Top Colleges
Some colleges offering MBA Power Management courses in India are listed below:
NIRF Ranking 2023 | Name of the Institute |
52 | UPES, Dehradun |
- | National Power Training Institute, Nagpur |
96 | Maharshi Dayanand University, Rohtak |
Course Fees
The fee structure for an MBA in Power Management is conditional upon the type of institution students are applying to. Private institutions such as UPES, Dehradun may have higher fees than NPTI, Nagpur which is a government-run institution. The average fee structure for an MBA Power Management course stands within a range of INR 70,000 to 4 LPA.
Some colleges offering MBA Power Management courses in India are listed below:
NIRF Ranking 2023 | Name of the Institute | Average Annual Fee (INR) |
52 | UPES, Dehradun | 3.9 LPA |
- | National Power Training Institute, Nagpur | 4 LPA |
96 | Maharshi Dayanand University, Rohtak | 79,000 PA |
Top Recruiters And Salary
As clean and renewable sources are being worked on, the requirement for adept managers with the correct skills is burgeoning. The public and private sectors are looking to hire graduates with combined managerial and technical skills to fill the gap. The average salary being offered to an MBA in Power Management graduate ranges around INR 3-15 LPA.
Tabulated below are some energy and power-based job roles with the average annual salary for MBA in Power Management graduates:
Job Roles | Average Annual Entry-Level Salary (INR) |
Engineering Manager | INR 5.1 LPA |
Commodity Trader | INR 3 LPA |
Service Maintenance Engineer | INR 4 LPA |
Industrial Engineer Associate | INR 4.5 LPA |
Production Manager | INR 6 LPA |
EPC Manager | INR 5 LPA |
Course Scope And Career Options
Power generation is one sector that is an integral part of all the industries. Jobs in this field are available in government as well as private sector. There are various Public Sector Undertakings that recruit qualified managers as well as fresh graduates who have pursued an MBA in Power Management. Some of the private power production houses also offer lucrative jobs in this field. Following are some job profiles that candidates can seek after pursuing MBA in Power Management.
1. Project/Operations Manager
2. Business Analyst
3. Commodity Trader
4. EPC Manager
5. Customer Support Manager
6. Research Analyst
7. Commercial Manager
8. Technical Consultants
Admission Process
Colleges offering MBA in Power Management Admissions enroll students based on the scores they obtained in entrance exams and merit score. The MBA Power Management admission process is highlighted below:
1. Step 1: Students must also take into account the infrastructure and resources provided by the college for an MBA in Power Management. Registration for these colleges is done either in offline mode or online mode.
2. Step 2: Colleges’ basic requirement for MBA Power Management Admissions is to qualify for management entrance exams such as CAT, XAT, CMAT, MHT CET to qualify for an MBA in Power Management course.
3. Step 3: Once the entrance exam results are out on their official website, students must check whether they clear the cut-off requirements put down by the college they want to enroll in.
4. Step 4: Students aspiring for the MBA Power Management course will have to satisfy the minimum cut-off scores, after which they are asked to attend the GD + PI rounds, and pay the admission fee.
5. Step 5: Students must attend counseling sessions to onboard themselves into the MBA in Power Management course.
6. Step 6: Students are required to formalize their enrollment by submitting official documents and completing administrative formalities. Students must ensure correct furnishing of ID proofs, educational transcripts, college-issued official letters, etc.
