MBA in Power Management
by Harneet Kour
With the continued growth of industries and technology, we are experiencing the exhaustion of natural resources over time. This is a matter that calls for global attention.
Researchers and scientists have come together to work hard and develop solutions to restore those resources. Today, students wishing to safeguard our environment, energy and energy resources choose Power Management. Students are taught and encouraged to think about how to use energy effectively and create and follow strategies to overcome management issues related to energy supply; it is distribution and operational management. An MBA in Power Management makes you aware of the existing tools and techniques while simultaneously motivating you to come up with innovative yet efficient ideas to preserve natural resources and solutions to overcome issues related to the same.
Students are required to fulfill all the below-mentioned areas to get admission for MBA in Power Management:
Students must have a Bachelor’s Degree or an equivalent degree from a recognised university.
There is a common entrance exam held for MBA. On the basis of the performance, students are admitted into the colleges.
Some colleges conduct internal exams as their eligibility test.
With the dramatic growth in the power sector, there is a wide scope of the field of power management. In 10 years, India's energy sector is expected to surpass the 300 GW mark, making it one of the most promising areas for students aspiring to study power management.
With less exploration, demand is high and there are many career opportunities for those pursuing the field. Aspirants with an MBA degree have ample career opportunities not only in the private sector but also in the government sector.
A number of domains and open employment opportunities for graduates in power management. Managing energy resources, developing clean energy, trading energy, and producing and distributing energy are just a few. The starting salary ranges from Rs3.5 lakhs to Rs 9 lakhs per annum at a reputed field. And as you gain experience, the salary range will only go higher.
In addition, there are good possibilities for a placement abroad.
Required Set of Skills for Power Management.
Each employment defines a particular set of skills. In the area of power management as well, there are certain common skills required. These are :
Skill to adapt to the changes in the market: With constant and domain-related technological advancements, an applicant should be able to keep up with market changes.
Learning Aptitude: Each company is looking for a candidate who has the potential to be a long-term asset. Because of this, a candidate with a curious mindset and an attitude to learn and grasp new things is the most preferred.
A strategic planner: A candidate must be able to handle multiple tasks under pressure as well and within a limited time without affecting the work productivity.
Quick Analysis and decision making: The candidate must have the ability to analyze a given situation perfectly and accurately. Decisions must be appropriately analysed and made with the risks involved in mind.
Being interested and wondering which college to join? Here is the list of India's finest Power Management colleges. Enroll now!
School of Business, University of Petroleum and Energy Studies, Dehradun. Fees: Rs 1,525,000.
CCE UPES Dehradun- Centre of Continuing Education, University of Petroleum and Energy Studies. Fees: Rs 145,000
Suresh Gyan Vihar University, Jaipur. Rs 360,000
Shri Krishna University, Chhatarpur.
Sir Muthukumaran Institute of Technology, Chennai.
GCT Namakkal- Gnanamani College of Technology.
OPJS University, Rajgarh.
Vaugh Institute of Agricultural Engineering and Technology, Allahabad.
National Power Training Institute, Faridabad.
Institute of Technology, University of Kashmir, Zakura Campus, Srinagar.
School of Engineering, OP Jindal University, Raigarh.
MBA in Power Management offers a variety of courses. With a little help and effort, recognise which course works for you the best. It will be a rewarding experience for those inclined toward Environmental Sciences, Natural Energy and Power Sector.