Introduction

Is MBA in oil and gas useful?

Oil and Gas provide the majority of the world’s energy and have a direct impact on the global economy. Due to the significance oil and gas has on the sustenance of a country’s operations, oil and gas management has gained traction as a separate field of study. Professionals looking forward to making their career in this industry are keen to learn skills in dealing with supply, transportation, logistics, infrastructure and management of oil and gas. Oil and Gas industries have remained at their peak since the increase in industrialization and have flourished with rising demand in domestic as well as global markets.

How do address the issue of quality management in oil and gas projects? What are the aspects of risk management in the oil and gas industry? What are the issues involved in supply chain management of oil and gas? How are renewable sources of energy affecting the oil and gas industries?

Oil and gas management covers these aspects and more. The industry has been instrumental in shaping the world and houses many opportunities that can be tapped. Both engineering and management professionals are gravitating toward these opportunities and an apt oil and gas certification can help them in leveraging these prospects.

Which is the best certification for oil and gas?

Xcelerate Training Institute has introduced a 10-day MBA for Oil and Gas Professionals highlighting major managerial aspects of the oil and gas industry. The course modules provide an overview of oil and gas operations, its productions, exploration, transportation, etc. Moreover, participants will be made aware of emerging trends in the industry along with the challenges faced. The course aims to not only inculcate skills that would be a prerequisite for several professional positions in the industry but also provide a career boost to those already employed in the area.

Learning Objectives

• To impart knowledge of operations, functions and processes involved in the oil and gas industry
• To understand practicalities and emerging trends in the industry
• To understand the oil and gas lifecycle from exploration to refining and selling of products
• To understand difficulties and challenges associated with each phase of the oil and gas lifecycle
• To understand the relationship existing between various parties to production such as production companies, government
• To understand the supply chain at the upstream, middle stream and downstream of the industry
• To learn the impact of the oil and gas industry on the environment and safety requirements for the same

Training Methodology

• Interactive sessions and lectures
• Presentations
• Management games
• Roleplaying/modelling
• Case studies
• Group discussions
• Problem-solving sessions

Benefits For Your Organization

• Reduction of costs: employees better trained in the matters of logistics and operations of the business, can efficiently manage, track and store resources with the least amount of wastage
• Improved working conditions: candidates being aware of safety requirements and regulations will create a working environment that is healthy for the employees hence increasing overall productivity
• Improved facility productivity: reducing waste, using efficient methods of distribution, production, marketing, etc., will improve overall productivity
• Better planning regarding different phases of the lifecycle of oil and gas, setting standards, and implementing control measures will help in quality management

Benefits For You

• Better career prospects with added skills as Oil and Gas Professionals are in high demand
• Better informed about challenges faced by the Oil and Gas industry
• Gain thorough knowledge about managerial aspects of the Oil and Gas industry
• Best suited for both engineering and management students looking to begin their career in the energy industry; also, for professionals employed in the industry
• Gain a vast amount of relevant and practical knowledge in a short duration of time
• Endless opportunities will be available in this highly versatile field of study with positions available in operations, sales, marketing, etc.

Target Audience

• Freshers in the oil and gas industry
• Management students looking to specialize in the Oil and Gas industry
• Engineering students looking to gain managerial aspect of Oil and Gas industry
• Professionals in the industry looking to get updated with the latest trends and techniques
• Professionals from other industries looking for new career prospects

Course Outline

Fundamentals of the Oil and Gas Industry

• Brief History of Oil
• Hydrocarbon industry in present times
• Classification of the oil industry: upstream, downstream
• Marine segment, pipeline segment
• Process flow of oil and gas production

Oil and Gas Industry and Global Environment

• Environmental challenges
• Impact on climate change
• Types of Pollution due to production of oil and gas

Reservoir of Oil and Gas

• Crude oil and its classification
• Crude oil benchmarks
• Recovery factor
• Types of reserves
• Formation of oil and gas

Exploration Techniques

• Gravity and magnetic surveys
• Seismic survey
• Geology and surface mapping

Oil and Gas Industry Markets

• Key oil and gas producing countries
• Key oil and gas-consuming countries
• Global economy in the energy market
• Structure of the industry
• Environmental impact

Oil and Gas Accounting

• Brief introduction to the accounting cycle
• Upstream accounting
• SEM methods and full cost methods
• Preparation of final accounts for upstream companies

Oil and Gas Financial Management

• Role of the finance function
• Capital budgeting, financing decision, divided decision
• Financing energy sector projects

Retailing

• History of oil and gas Retailing and evolution to modern-day stations
• Role of OCC and PPAC
• Retail outlet network planning
• Retail outlet site and location criteria
• Retail management: stock replenishment process, quality check

Petro Economics

• Economic concepts in the industry
• World energy economic costs
• Theory of exhaustible resources
• Determinant of international politics
• Global energy: demand and supply

Safety and Environment for Oil and Gas Industry

• Health safety and environment (HSE)
• HSE among employees
• Risk evaluation and management of products
• Hazards related to the O&G industry
• Managing occupational safety

Oil and Gas Marketing

• Difference in the marketing of oil and gas products vs. consumer products
• Marketing principles in the industry
• Downstream marketing

Supply Chain and Logistics

• Road transportation: tank trucks, A, B, C class products, calibration, safety aspects
• Rail transportation: structure, the role of CTCC, pipelines, pressure gauges
• Pipeline transportation
• Logistics management