MBA in Energy Management

Energy and Power sector carries the potential to alter the way humans live. With oil reserves and natural energy sources decreasing with time, it is the need of the hour to consider alternative sources of energy along with ways to make it accessible to the masses in a time-bound manner. An MBA in Energy Management is the first step for students who wish to develop managerial skills in dealing with business-related activities limited to the Energy sector. Energy Professionals are in charge of several responsibilities like power auditing, environmental impact assessment, power resource management, assessing the feasibility of alternative energy resources and scaling down costs.

Understanding the Degree

An MBA in Energy Management is a specialised 1 or 2-year degree program which blends management concepts, financial assessment, efficient examination of existing energy systems along with judging the suitability of upcoming systems. Carrying the elements of a traditional MBA course, it aims to impart highly technical concepts associated with the Energy sector. Alternatively, you can also choose to pursue an MBA in Project Management and shift towards Energy Management later on. The course involves theoretical knowledge along with practical experience.

Course Structure

MBA in Energy Management falls under the category of MBA Courses that are carefully structured to incorporate fundamental business and management concepts along with other subject-specific know-how. In particular, a degree in Energy Management combines knowledge of Business, Finance, Operations, Strategy and Project Management to build a strong business acumen in the individual along with an understanding of the industry. The course structure often includes a mandatory research project or master’s thesis for those interested in developing a research perspective. Other important elements of the courses include workshops, seminars and industry experiences.

MBA in Energy Management: Specializations

Specializations offered as part of the MBA in Energy Management course are interconnected yet diverse and wide-ranging. Some common specialisation options have been listed below.

• Energy Business
• Energy Management
• Energy and Sustainability
• Oil, Gas and Energy Management
• Energy Finance
• Oil and Gas Energy Law
• Global Energy Management
• Sustainable Development
• Carbon Management and Entrepreneurship
• Contemporary Issues in Oil, Gas and Energy

Major Subjects Covered in MBA in Energy Management

The course curriculum of an MBA in Energy Management offers a unique fusion of MBA subjects and energy-related specifics topics along with new-age innovation.

• Fundamentals in economics, legal, technology and business
• Future Energies
• Internationalisation of Energy Finance
• Supply Chain Management
• Business Strategy
• Business and Money
• Value and Markets
• Business Model Innovation
• Contemporary Issues in Oil, Gas and Energy
• Carbon Management and Entrepreneurship
• Research Methods
• Energy Networks

Top Universities and Colleges

If you’re planning to pursue an MBA from abroad, it is quite interesting to know that career opportunities in the field of Energy Management are growing at an exponential pace. Here’s a list of globally recognised institutions for an MBA in Energy Management.

• Technical University of Berlin, Germany
• University of Aberdeen, UK
• University of Wyoming, USA
• Vienna University of Economics and Business, Austria
• RWTH Aachen University, Germany

MBA in Energy Management Eligibility

Individuals that are interested in doing MBA in Energy Management will have to satisfy certain minimum requirements which are as follows:

• An undergraduate degree in any relevant field, like BA, B.Sc, BBA, B.Com, BCA.
• The student must have gotten a minimum aggregate of 50 per cent from a recognized university
• Candidates should have obtained good grades on the relevant entrance examinations and satisfy all other criteria.
• There is no age limit hence students of any age can apply.
• Work experience, though not necessary, is highly suggested.

Top Career Picks

The field of Energy Management continuously demands highly skilled professionals with a strong business understanding, extensive knowledge of current energy systems. While traditional MBA Career options are always open, one can also venture into the below-mentioned opportunities.

• Project Performance Analyst
• Energy Auditor
• Oil and Gas Analyst
• Project Performance Analyst
• Consultant
• Researcher
• Energy and Sustainability Manager
• Project Coordinator
• Pricing Analyst
• Construction Project Manager

Also Read:

• Part-Time MBA
• BBA MBA Integrated Course
• Best Answer for Why MBA

An MBA in Energy Management is amongst the popular specialisation degrees both in India and abroad owing to its lucrative career opportunities and diverse future paths. Needless to say, it requires a suitable combination of course and university to polish one’s abilities and bring the best out of an individual. You can use the AI-tool of Leverage Edu, that suggests choices based on your interests and inclinations, thereby gearing you up for a vibrant and fulfilling career.