MBA in power management is a division of management that deals with the efficient utilization of energy for greater value creation for an organization. Presently, we need power to run our homes, offices and all other small things. As world inhabitants are increasing and machines are taking place of men at work, we need heavy amount of energy to perform day to day tasks. Energy can be obtained from any source like petroleum, water, wind and coal.
The rapidly expanding power sector tenders abundant opportunities for the qualified, talented, capable and young graduates and post graduates with diversified backgrounds like engineering, commerce, finance, accounts, human resource, law and logistics, etc. Since the purview of power sector is very wide-ranging and it includes large number of activities therefore, it seems too difficult to cover all available career opportunities in the sector. This article is confined to discuss the available job prospects for graduates and Post Graduates in power management (MBA-power graduates) as the growing size, diversities and complexities of the power sector pose challenges to the power managers to manage the enormous activities efficiently and effectively.
With the advent of private players in the power sector, there is a need to groom young managers equipped to handle the new and old issues pertaining to the sector. The program develops your skills and abilities to apply management theories and concepts to live problems of the power industry across the spectrum of Generation, Transmission and Distribution.
MBA in power management course is designed with an objective of developing business acumen among the students and to equip them with the knowledge of the concepts, theories and managerial skills required for the effective management of power sector. It intends to develop efficient business leaders and decision-makers capable of running power sector effectively and efficiently.
Minimum 50% marks at Higher &Senior Secondary level (10th & 12th)
Engineering/ B.Sc. (PCM) Graduates with minimum 50% marks from a recognized University
For admission to a bachelor’s degree, the candidate must have passed the higher secondary school certificate (10+2) examination. The duration of this course is 3 years.
MBA in power management is a comparatively new course. Persons holding power management degree have ample employment opportunities in private as well as public sector. In these days of globalization and liberalization, it is likely to get further momentum as more power managers would be required to deal with the growing complications of rapidly expanding Indian power sector. There are many areas where MBA-power graduates are heavily required such as power resource management, environment impact assessment, power auditing, power efficient systems/technologies, power generation, transmission, distribution, power sector laws, power policies, power security, power pricing, power economics, power tariffs and power trading, etc.
Some public sector organizations are also employing the candidates from institutes through campus interviews. In the starting, selected candidates have to work on probation for 1-2 years and on the successful completion of probation period they are taken in regular pay scale. Skilled professionals in this career can also opt for teaching jobs in universities and colleges.
Career Prospects in Power Management:
* Power Planning
* Carbon Financing Market
* Power Resource Management
* Power Sector Laws and Regulations
* Clean Energy Development Mechanism
* Power Project Planning and Financing
* Power Generation, Transmission and Distribution
* Economics of Power Demand and Supply and Policy Aspects
By OpenClipart-Vectors from Pixabay