Oil & Gas Courses: Admission 2024, Fees, Syllabus, Entrance Exam, Top Colleges, Career Scope

An MBA in Oil and Gas is a specialised Master of Business Administration programme designed to provide in-depth knowledge and skills specifically tailored to the energy industry, with a focus on the Oil and Gas sector. MBA in Oil and Gas combines traditional MBA coursework with a specialised curriculum that addresses the unique challenges, dynamics, and opportunities within the Oil and Gas industry.

Students can study Oil and Gas courses at UG, PG, Certificate, Doctorate, and Certificate levels. They can pick any course as per their suitability. Some of the popular programmes in the Oil and Gas industry are:

• Oil and Gas Management: If you want to work in the sector as a manager or leader, you should think about taking courses or earning a certification in this field. These courses offer industry-specific subjects like strategy planning, project management, risk assessment, and supply chain management.
  
  
• Petroleum Engineering: A degree or courses in petroleum engineering might be very helpful if you have engineering experience or want to work in drilling, reservoir engineering, or production operations. Read More: Petroleum Engineering Courses
• Geology and Geophysics: Take a look at courses in geology and geophysics if you're interested in searching for and assessing oil and gas reserves. These areas are crucial for locating and evaluating potential drilling sites. Read More: Geology Course Details

A Master's in Business Administration with a focus on Oil and Gas Management is a developing field that provides a wide range of chances for experience and employment. Since every industry in the world regularly uses resources linked to oil and gas management, the oil and gas industry is one of India's premium sectors and is frequently ranked as the best. 
For their operations, the oil and gas management sectors frequently require competent workers. This industry is resource-focused and offers stable and alluring compensation packages that range from INR 8 to INR 10 lakh. A  candidate who has completed 10+2 with a PCM background and 50 percentile, as well as graduation from an engineering or BSC programme can pursue this degree. Read More: 5000 Full Time MBA colleges in India.

Interested students can see the two prime reasons for pursuing Oil and Gas courses below:

• Variety of Career Options: A variety of professional options are available in the oil and gas sector, including engineering, geology, management, finance, and environmental positions. You can learn about and get ready for different roles through courses.
• Valuable Skills: Flexibility in employment options is made possible by the adaptability of skills learned in oil and gas courses, which can be applied to adjacent fields like renewable energy, environmental consulting, or energy policy.

Joining the Oil and Gas industry in India can be pursued through various educational paths, skill development, networking, and job search strategies. 

Here are steps you can consider:

·       Education and Qualifications: Obtain relevant educational qualifications. Pursue a degree in disciplines such as petroleum engineering, chemical engineering, mechanical engineering, geology, or other related fields. Consider specialised courses or certifications focused on the Oil and Gas sector.

·       Internships and Training Programs: Gain practical experience through internships or training programs offered by Oil and Gas companies or industry-related organizations. 

·       Networking: Engage in industry events, seminars, workshops, and professional networking platforms. 

·       Skill Development: Develop skills relevant to the industry, such as technical knowledge in drilling, reservoir engineering, production, safety protocols, project management, and environmental compliance. 

·       Job Search Strategies: Utilize online job portals, company websites, and industry-specific job boards to search for entry-level positions or opportunities for fresh graduates within Oil and Gas companies. 

Yes, Oil and Gas industry can be considered safe, if the industries are following all the safety regulations. A number of factors mentioned below play a vital role in this:

• Safety Procedures: Organisations in the sector follow safety guidelines and procedures to reduce hazards. This entails giving employees safety training, employing safety gear, doing routine safety inspections, and maintaining emergency response plans.
• Safety Regulations: To maintain worker safety, safeguard the environment, and reduce threats to adjacent communities, the oil and gas business is heavily regulated in many nations.
• Risks: The drilling, refining, transportation, and storage of petroleum products are only a few of the risks and dangers that the oil and gas business faces. If safety precautions are not taken, these activities may result in accidents including explosions, fires, oil spills, and the emission of hazardous gases, which may have detrimental effects.
• Technological Developments: The sector now has better safety thanks to technological advancements.

Candidates can check the qualifications they need for Oil and Gas courses below.

An MBA in Oil and Gas management is a postgraduate degree that takes two years to complete and combines business administration with the management of oil and gas resources.

Indian institutes offer admission to their MBA in Oil and Gas Management courses through national-level, state-level, or university-level management aptitude tests like CAT, MAT, XAT, NMAT, etc. Some colleges conduct their own management aptitude tests to grant admission to this course. Also Read: Top 80 Group Discussion Topics for MBA

Petroleum Engineering is best for Oil and Gas. 

Petroleum Engineering is a specialised field of Engineering focused on the exploration, extraction, and production of oil and natural gas. Petroleum Engineering involves the application of various engineering principles, techniques, and technologies to discover reservoirs containing hydrocarbons, develop methods to extract these resources efficiently and optimize production processes.

Yes, the difficulty level of CAT syllabus is very high as compared to other MBA entrance exams. However, if you prepare well and follow the CAT exam pattern well, you will be able to score well. Besides having an understanding of the CAT syllabus 2024, candidates also need to be well aware of the CAT exam pattern before they start preparing for the exam. The CAT exam pattern was revised in 2021 and the number of questions were reduced from 76 to 66. The structure of CAT 2022 and CAT 2023 was the same. The syllabus is still tougher than other exams.

The most important things to keep in mind are:

1. CAT exam mode is online
2. Each question carries three marks 
3. There is negative marking of minus one mark for wrong attempts

The section-wise distribution of questions and difficulty levels as per the latest CAT exam pattern are listed below:

• Quantitative Ability (QA) - 24 questions, difficulty level - moderate to high 
• Data Interpretation and Logical Reasoning (DILR) - 20 questions, difficulty level - moderate 
• Verbal Ability and Reading Comprehension (VARC) - 22 questions, difficulty level - moderate. to high

Ideally, XAT preparation takes six to nine months, but if candidates have prepared for CAT too, XAT preparation can be done in lesser time as one will have to only work on Decision Making and General Knowledge topics. Those who are weak in English Comprehension must start reading practice early on. The ideal time to start XAT preparation is May, so you can cover the whole syllabus by October and dedicate two months to mock test practice.

If you start studying for XAT late, by July or so, make sure you complete the syllabus by October only. Remember that XAT syllabus is tough, so you’ll need to study at least 6-8 hours daily from start until the end. Give ample time to yourself to complete the XAT syllabus.

The CAT (Common Admission Test) is a highly competitive entrance exam for admission to various management programs offered by top business schools in India. The percentile score in CAT exam is based on the relative performance of the test taker compared to all the other test takers.

The cutoff percentile for admission to top business schools varies from year to year and also depends on factors such as the number of candidates, difficulty level of the exam, and the number of available seats. In general, a percentile score of 90 or above is considered a good score and can help you secure admission to some of the top business schools in India. However, to increase your chances of admission to the top-tier business schools, a percentile score of 95 or above is preferred.

Students who wish to pursue BTech in Oil and Gas courses have to study the below-mentioned subjects. Students can find the semester-wise syllabus for BTech in Oil and Gas courses below:

The basic subject for petroleum engineering are maths, chemistry ,fluid mechanic's etc and the core subject's are

1. Petroleum geology
2. Drilling engineering
3. Reservoir engineering
4. Production
5. Well engineering design
6. Economics
7. Mud engineering
8. Formations evolution

ONGC is one of the foremost providers of oil and gas training courses in India. Institute of Drilling Technology (IDT), a wing of ONGC, offers a chance to learn numerous well-controlled techniques using carefully designed oil and gas training courses.

IDT offers a whole lot of courses like rig courses, well courses, well control courses, rig crew courses, oil rig courses,  and many more which are pivotal in providing the students with fitting skills required for various phases of extraction and feasibility studies. The eligibility for these courses is Driller / Drilling Engineer/Fluid Engineer.

Several institutions worldwide are renowned for their programs and research in Oil and Gas engineering. 

Here are a few well-regarded institutions known for their programs in Oil and Gas:

Oil and Gas can offer promising career opportunities in India due to the country's growing energy demands and its significant reliance on these resources. The sector has historically been a substantial contributor to India's economy and continues to play a vital role in meeting the nation's energy needs.

However, the industry also faces challenges, including fluctuating oil prices, environmental concerns, and a shifting global energy landscape towards renewable sources. India, like many other countries, is also focusing on renewable energy sources and sustainability, which may impact the long-term growth and focus of the Oil and Gas sector.

Top executive roles such as CEOs, managing directors, and top-level management in multinational corporations operating in the Oil and Gas sector can command substantial salaries, often reaching several crores per annum (tens of millions in Indian rupees). These high-level positions often come with significant responsibilities and require extensive industry knowledge and leadership skills.

Candidates can check the salaries below:

Salaries for individuals with a Diploma in Oil and Gas in India can vary based on several factors, including the specific role, the company, location, level of experience, and the demand for specialised skills. Generally, individuals with a Diploma in Oil and Gas may start at entry-level positions and gradually progress as they gain experience and expertise.

·       Entry-Level: INR 3-6 LPA

·       Mid-Level: INR 6-10 LPA

·       Senior-Level: INR 10 - 14 LPA

Typically, freshers or entry-level candidates with bachelor's degrees in fields like petroleum engineering, chemical engineering, mechanical engineering, or related disciplines might expect starting salaries ranging from around INR 3 LPA to INR 8 LPA.

For freshers entering the Oil and Gas industry in India, salaries can vary based on several factors, including the specific role, the company, the level of education, and the geographic location. 

The salary varies from one course to another. However, a fresh MBA graduate in Oil and Gas earns on an average Rs 5.5 Lacs per annum. Apart from this, a fresh BTech graduate can earn on an average Rs 4.2 Lacs per annum. A BBA graduate can earn on average Rs 3 Lacs per annum.

The future of the oil industry in India is influenced by several factors, including global energy trends, technological advancements, environmental concerns, government policies, and shifts towards renewable energy sources. 

While the long-term future of the oil industry in India might see a shift towards cleaner energy sources, the sector is expected to remain significant in meeting the country's energy needs for the foreseeable future. The industry's evolution will likely involve a balance between traditional oil-based energy and the increasing integration of cleaner, more sustainable alternatives.

In India, pursuing additional courses or certifications after Mechanical Engineering and as a mechanical engineer to enhance your prospects in the Oil and Gas industry can significantly boost your employability. 

Here are some specific courses and areas of study that can be beneficial:

·       Petroleum Engineering

·       Certification in Oil and Gas Management

·       Safety and Environmental Courses

·       Advanced Mechanical Engineering Specializations

There is no dearth of job roles for qualified candidates after Oil and Gas courses. Some of the popular job roles offered to candidates holding degrees or Diploma in Oil and Gas includes Energy Consultant, Assistant Manager, Maintenance Manager, Field Material Coordinator, Lab Supervisor, Business Analyst, Educationist, Business Development Representative, etc. They can earn an average salary ranging from INR 4 Lacs to 8 lakh.

Read More: Career as a Business Analyst