Why is energy management gaining importance today?
Energy is one of the most important building blocks in human development, and, as such, acts as a key factor in determining the economic development of all countries. In an effort to meet the demands of a developing nation, the energy sector has witnessed a rapid growth.In previous decades the supply of domain specific Managers were less in this sector. Due to sudden growth in the sector and huge investments by the Indian Government and through public private partnership, demand for domain experts and executives having business acumen has increased many folds. The focus is not only restricted to power but also to Oil & Gas and other renewable and Non-renewable sources.These days €™ companies are looking forward to not only just run their business but also to run it energy efficiently by conserving energy, reducing wastage and shifting to greener technologies.
2 Why do you think a student should study energy management instead of a general
With the growth of the energy sector, there is currently a huge deficit for Managers who imbibe in themselves a combination of good business skills along with domain specific knowledge. The accelerated rate at which the Energy Sector has grown needs to be supported with talented workforce. The Energy sector also seems to be a
lucrative sector for the companies as there is scope of huge returns. Hence it is not surprising to see several companies having a separate workforce to cater to the needs of this sector. If we take India as an example, growth has been the highest in the energy sector in 2011.Management Development Institute (MDI), Gurgaon, runs a specialized program in Energy management for Executives from the Energy Sector. The courses taught here range from a wide array of general management subjects such as Marketing management, Micro- and macro- economics, Corporate Finance, Business Strategy, Organizational behavior , Research methods etc to courses specific to impart knowledge about the Energy Sector , both in the Indian and global context. The Institute has been successfully running this specialized course for the past few years and is being viewed as having great potential in the near future by both
industrialists and the students.
3 What are the career prospects after the MBA in energy management? What sectors
can they work in?
The students are usually positioned at the Mid- management level and are gradually groomed to hold top positions in the company. The requirement for selection process calls for minimum 5 years of experience. They can go back to the same profile up in the ladder. However it has been seen that all sectors such as Information
Technology, Consulting, and Banking for project finance are having a separate workforce to cater to the needs of this sector. Hence students have choice to choose any sector as a domain expert.
4 What is the primary focus of your Energy Management program?
Energy sector in India is passing through critical times. India €™s growth aspiration
could be severely affected due to constraints in energy supply. Keeping in mind the
burgeoning demand-supply gap in an energy starved nation like India, which is
further distorted by wasteful management practices, there is an immense investment
scope in energy infrastructure and energy management in an environmental friendly manner. MDI became the pioneer by launching a program to train professionals in the areas of energy management. This program was launched in 2005 to address these issues with the help of USAID and Ministry of Power. The program develops your skills and abilities to apply management theories and concepts to live problems in the field of the energy as well as address old and contemporary issues in this field .Over the last year its domain has been broadened from power to other spheres of energy namely oil & gas, coal, carbon market, energy efficiency etc.
@sanjeevsinha01 said:The notification for Post-Graduate Diploma in Management (Energy Management) 2013 is out. You can see the notification www.scribd.com/doc/104802597/m...
Admission Procedure:Candidates will have to
- A minimum of 3 years Bachelor's Degree or equivalent in any discipline recognized by AIU/AICTE as eligible for Post Graduate studies in Management.
- Minimum 5 years of post qualification executive work experience as on 31 March, 2013
Shortlisted candidates will have to appear for a Group Discussion & personal interview Application Form:
- CAT 2012 scoreAvailable on Cash Payment of Rs. 1800/- (Mon-Fri, 10 am - 5pm)
Ravish05 SaysPlease provide details regarding Placements for self sponsored candidates for the last batch of energy management.What was the min , avg pay package and which were the major recruiters for the energy management candidates??
Ravish05 SaysMy total works experience will be 4years 8 months by 31st march'2013.I shall be 4 months short of 5 years experience by march' 2013.I just want to know that can i appear for this program next year as i shall be having 5 years of exp. by july' 2013??.
I am working in Thermal power plant sector since Jul 2008. My query is that by 31st Mar'13 , I would be short of nearly 4 months from completing 5 years experience. Would I be eligible for MDI Energy Management Program for the next year??
Please provide me also the details regarding the placements( i.e Min. and Average pay package) and details of companies visiting for recruitment of self sponsored candidates in this program??
I work in thermal power EPC since Jul 2008. By 31st Mar'13 I would be short of nearly 4 months from completing 5 years experience. Would I be eligible for MDI Energy Management Program?
Another query what is the average placement data for self sponsored candidates in the program??