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online mba power management

Updated at : February 20, 2024DOWNLOAD E-BOOK

Online MBA in Power Management

Online Master of Business Administration in Power Management is among the most preferred MBA specialisations. It aims to provide quality education and training related to efficient energy utilisation. The duration of the program is 2 years divided into 4 semesters. After completing an MBA in this specialisation, students can easily pursue jobs in sectors like NTPC, Power Finance Corp., public and private sector power offices, etc. This program is designed to provide learners with the information and skills needed to succeed in the ever-changing and complex power management sector.

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Duration

2 - 4 Years

Eligibility info

Graduation or Equivalent

Online MBA in Power Management Program Overview

Online MBA in Power management is one of the most popular courses in energy management. It is a 2-year PG course which is divided into 4 semesters. This course has been designed with industry standards and demands in mind, and hence, it has a very practical and professionally oriented curriculum. Students of this course learn about several subjects, such as power pricing, power trading, power finance practices, energy law, health and safety, etc. 

Its extensive curriculum distinguishes an Online MBA in Power Management. The curriculum encompasses various subjects, including renewable energy technology, energy policy, and sustainable practices. It aims to provide graduates with a comprehensive comprehension of power management in conventional and emergent industries. 

who-should-pursue-an-online-mba-in-power-management

An Online MBA in Power Management equips professionals with the knowledge and skills to meet the growing need for environmentally friendly solutions in the power industry, with a particular emphasis on sustainable practices. The curriculum focuses on recent technological breakthroughs, regulatory frameworks, and commercial strategies. This ensures that graduates are well-equipped to contribute to creating and implementing sustainable power management techniques.

Why choose an online MBA in Power Management?

The online structure of the curriculum provides a versatile and easily accessible learning environment specifically designed to meet the requirements of those employed in professional occupations. The flexibility of this program enables students to effortlessly incorporate their studies into their hectic schedules, enabling them to pursue higher education without sacrificing their professional obligations. Online learning systems enhance the educational experience by allowing for interaction. They offer real-world case studies and collaborative projects that provide practical insights into the issues and possibilities in the power management business.

Obtaining an Online MBA in Power Management establishes students as authorities in a crucial and dynamic field and provides access to many employment opportunities. Graduates may be particularly suitable for positions in renewable energy businesses, utility companies, government organisations, and consulting firms, where their specific expertise in power management is much appreciated.

When should I do an Online MBA in Power Management?

Pursuing an Online MBA in Power Management after obtaining a bachelor's degree is typically advantageous. Recent graduates can smoothly move into this program, utilising their academic background while acquiring specific expertise in the dynamic power management sector. By making this strategic decision, individuals can gain a competitive advantage when entering employment, allowing them to make significant contributions to the sustainable energy industry. 

Key Highlights of Online MBA in Power Management

  • UGC-DEB has approved an online MBA in Power Management as a valid course of equal value to a regular MBA. 
  • The program provides a comprehensive curriculum encompassing renewable energy technology, energy policy, and sustainable behaviours, fostering a holistic comprehension of power management.
  • Catering to professionals, the online model enables the smooth incorporation of studies with employment obligations, accommodating individuals with hectic schedules in the energy industry.
  • The educational experience is enriched by using real-world case studies and collaborative projects. This enables students to put their theoretical knowledge into practice by tackling practical difficulties in power management.
  • Online networking events and discussion forums provide opportunities to engage with influential figures and experts from across the globe, hence broadening one's professional network in the power management business.
  • Prioritising sustainable practices provides graduates with up-to-date knowledge of technology, regulatory frameworks, and business strategies, enabling them to contribute to environmentally responsible solutions.
  • This course comprises 4 semesters spread across a period of 2 years, and the minimum eligibility criteria that a student must meet to apply to this course is a Bachelor’s degree from a recognised university with at least 45% to 55% aggregate marks in graduation. 
  • Graduates possess the qualifications for positions in renewable energy businesses, utility corporations, government agencies, and consultancy. These job options provide a range of pathways for those with expertise in power management, which is highly esteemed.
  • This online program will lead to a rewarding career across power, automobiles, manufacturing organisations, and related industries or firms. 

Online MBA in Power Management Syllabus

An Online MBA in Power Management normally encompasses a wide array of subjects to ensure a thorough comprehension of the energy industry, specifically emphasising power management. Although the precise courses may differ between universities, they often consist of essential elements such as:

Semester I

Semester II

Economics & Management Decisions              

Human Resource Management                            

Financial Management 

Customer Relationship Management 

Marketing Management

Project Management & Contract Administration 

Quantitative Techniques for Management Applications

Strategic Management of Technology & Innovation 

Operations & Material Management 

Research Methodology 

Semester III

Semester IV

Power Sector Economics & Planning 

Business Policy & Strategy 

Financial Energy Sector Projects 

Energy Law & Policy 

Power Pricing and Power Purchase Agreements 

Health, Safety & Environment 

Power Trading 

Dissertation 

Power Station Management 

 

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Other Types of MBA Programs

Online MBA for Working Professionals

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Online MBA in Power Management Eligibility Requirements

To apply for the Online MBA in Power Management program, students must meet the course's basic eligibility requirements to enrol:

  • Students or candidates with a bachelor’s degree in any stream can take admission to this online course. 
  • The candidate should have qualified for their Bachelor’s with a minimum of 45% to 55% aggregate marks. The exact cutoff range may vary depending on the specific university you pursue the course from.

Duration of the Online MBA in Power Management

The minimum duration of an online MBA in Power Management is 2 years, whereas the maximum is 4 years. The course consists of 4 semesters. Designed to cater to the timetables of employed people, this period enables them to effortlessly incorporate their studies into their current professions. The online model improves accessibility, allowing people to engage in specialised courses without being limited by geographical boundaries. 

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Skills Required for Online MBA in Power Management

  • Demonstrated expertise in comprehending diverse renewable energy technologies and their practical implementations in power management.
  • Proficiency in examining and comprehending energy policies and regulations while remaining updated on governmental activities that influence power management.
  • Profound knowledge and comprehension of sustainable methodologies and environmentally sensitive electricity generation and distribution approaches.
  • Utilisation of business concepts in power management, encompassing financial elements, project management, and strategic decision-making.
  • Proficiency in comprehending the intricacies of global energy markets, trade dynamics, and their impact on power management techniques, facilitating well-informed decision-making on a worldwide scale. 

Is any Entrance Exam required For an Online MBA in Power Management?

Usually, you don’t need any entrance exam for an online MBA. However, some of the exams conducted for a regular MBA are listed below. 

CAT (Common Admission Test)

KMAT (Karnataka Management Aptitude Test)

TANCET (Tamil Nadu Common Entrance Test)

SNAP (Symbiosis National Aptitude Test)

PGCET (Postgraduate Common Entrance Test)

ATMA (AIMS Test for Management Admission)

GMAT (Graduate Management Admission Test)

MAH CET (Maharashtra Common Entrance Test)

CMAT (Common Management Admission Test)

MAT (Management Aptitude Test)

XAT (Xavier Aptitude Test)

NMAT (NMIMS Management Aptitude Test)

Note: Some universities offering online MBA can also ask for a good score in the abovementioned exams. So, check the eligibility requirements of your university carefully.

Recommended Books

Below is a list of the popular books in the Online MBA in Power Management curriculum.  

Title

Author(s)

"Renewable Energy: Power for a Sustainable Future"

by Godfrey Boyle

"Energy, Environment, and Climate"

by Richard Wolfson

"Sustainable Energy – Without the Hot Air"

by David J.C. MacKay

"Power System Analysis and Design"

by J. Duncan Glover, Mulukutla S. Sarma, and Thomas J. Overbye

"Energy Economics: Concepts, Issues, Markets, and Governance"

by Subhes C. Bhattacharyya

"Renewable Energy Finance: Powering the Future"

by Charles W. Donovan

"Electricity Markets: Pricing, Structures, and Economics"

by Chris Harris and Michael G. Pollitt

"Smart Grid: Integrating Renewable, Distributed & Efficient Energy"

by Fereidoon P. Sioshansi

"Power System Economics: Designing Markets for Electricity"

by Steven Stoft

"Energy Management Principles: Applications, Benefits, Savings"

by Craig B. Smith and Kelly E. Parmenter

Online MBA in Power Management Admission Procedure

  • Visit the university's official website to register yourself as a new user.
  • Fill out the application form with your details after you've registered.
  • After filling in all the details, upload your necessary documents digitally.
  • Then, submit the application form and the registration fee (if any).
  • The next step is to pay the academic fee via the website's designated payment method.
  • An email will be sent to the candidates verifying their enrollment and providing their enrolment number.

Online MBA in Power Management Academic Fees 

This is an industry-focused programme that not many universities offer. Nonetheless, you may get an online MBA in Power Management from INR 1,50,000 to INR 2,00,000 for the full course in the top institutions that provide this online degree program. Universities also have many facilities such as easy, pocket-friendly instalments and educational loans that allow you to pay the fees without bothering about financial constraints. You can compare the costs of universities that offer this MBA program online on College Vidya Compare.

Why Opt for an Education Loan for an Online MBA in   Power Management?

Opting for an education loan to pursue an Online MBA in Power Management might be advantageous for ambitious individuals who aspire to enter the sustainable energy industry. This financial assistance allows students to pursue their education without immediate financial burden, enabling them to concentrate on obtaining specific expertise. 

Is an Online MBA in Power Management Worth It?

Undoubtedly, enrolling in an Online MBA program specialising in Power Management is a valuable investment for those dedicated to significantly impacting the ever-evolving and crucial subject of sustainable energy. This specialised curriculum provides professionals with extensive expertise in renewable energy technology, energy policy, and sustainable practices. The adaptable online format guarantees easy access for employed folks, enabling smooth integration of higher education into their professional lives. 

Upon completing the program, graduates acquire a comprehensive comprehension of worldwide energy marketplaces, proficiency in power management advancements, and adeptness in navigating intricate environmental rules. By focusing on sustainable practices, this program equips students with valuable insights that enable them to become leaders in finding environmentally responsible solutions. An Online MBA in Power Management is a great investment for anyone aiming to shape the future of sustainable energy. It offers numerous employment opportunities in renewable energy enterprises, utility firms, and governmental organisations.

Job Opportunities After Online MBA in Power Management

After completing this MBA online course, aspiring professionals can apply in several areas, such as power transmission, power distribution, power generation, manufacturing basic tools, types of equipment, research centres, and consultancies. Additionally, a candidate can opt for these below positions in different firms, whether in the government or private sector, such as:

Power Generating Officer 

Power Supply Supervisor 

Area Manager- Power Distribution 

Research Associates

Plant Supervisor 

Power Consultants and so forth

Director- Manufacturer and Distribution

Top Recruiters

Recruiters choose graduates with an Online MBA in Power Management due to their particular talents in effectively navigating the complex field of renewable energy. This curriculum is highly valued by prominent renewable energy companies, utility firms, governmental agencies, and environmental consultants for its strategic insights and extensive expertise. 

Let's clear up some doubts about Online MBA in Power Management

Yes, an online MBA in the specialization of Power Management has been approved by UGC-DEB as being a valid PG degree course, provided it has been obtained from a well-accredited university.

 

This online MBA course has the same duration as a regular MBA, which is 2 years. The maximum duration for completion of this course is 4 years (i.e. an extra 2 years for students to complete the course and pass all their examinations).

The eligibility criteria of an online MBA in Power Management is minimalistic- a candidate needs to be a graduate from a recognized university with a minimum score (usually between 45% to 55% aggregate marks). Students don’t need to appear in or qualify any entrance examination to get admission to this course in online mode. 

 

The course fee varies from one university to another, but the average fee ranges between INR 1,50,000 to INR 2,00,000. There are EMI facilities available to pay the fee in installments in most universities. 

 

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