Go for MBA in Oil and Gas Management if you want to differentiate yourself in the market. Wants to be successful in the industry? One needs to be specialized in today’s world for gaining success. Students are mostly confused about which course to choose for career growth and development in the competitive world. Many courses such as Human resource management, digital marketing, business analytics etc., available will surely provide you with career opportunities. Specialization in MBA in Oil and Gas Management never goes out of demand.
Since the economic growth is dependent on the oil and gas sector, it is more logical to choose the sector. The oil and gas industries provide you with many career opportunities.
Here are some reasons why you should choose MBA in Oil and Gas Management for a successful career.
1. The Demand is remarkable
The oil and gas industry is the world’s biggest industry. The consumption of petroleum, natural gas, or renewable resources is increasing rapidly and is expected to rise by 5 percent every year. There is an increase from 12.9MT (in 2014) to 15.2 MT (in 2015) in petroleum consumption as per PPAC (Petroleum Planning and Analysis Cell) India. It is expected that the professionals demand in the industry to increase in the coming years.
2. High salary
One of the highest paying salaries in the country is Oil and Gas industry. You will likely get a good placement from the university itself as soon as you finish your MBA. It is a lucrative branch from the salary point of view. Comparing the salaries offered by other MBA courses, Oil and Gas industry gives you a higher package. You can expect a salary of around 6-8L p.a. if you are a fresher and it increases with the experience.
3. Interesting career path
MBA in Oil and Gas Management provides you with many job opportunities. It is an exciting career path to choose. You can select different paths where you find more interest. There are many options available for you, and as an oil and gas management professional, you can work in all the domains like the finance sector, purchase and marketing, sales, etc.
4. More learning opportunities
Lots of learning opportunities are there in the oil and gas industry. There are almost 500 companies in the oil and gas industry; hence the professionals get more exposure than other industries. MBA students work in different domains, and they get more experience. You get professional and cultural experience while working in the industry as it allows you to work overseas. It gets more exciting when you can choose your career path and learn a lot from the industry.
5. Stable industry
The oil and gas industry is an evergreen industry, and its demand increases with time. As far as career goes, the oil and gas industry is highly stable, and people usually work in it throughout their lives. Compare to the IT sector, and there is no cut in the job or layoffs. If you are looking for a stable career, go for an MBA in Oil and Gas Management as it is more stable than other MBA branches.
Oil and gas management is one of the most demanding courses in the world. You get the opportunity to work with other organizations in the same sector. It is estimated that the demand for professionals in the oil and gas industry is likely to increase in the coming years. Since it is a stable industry with a good salary package, you can undoubtedly pursue an MBA in Oil and Gas Management from a reputed university.