University of Petroleum & Energy Studies (UPES) Online MBA in Oil and Gas Management: Syllabus, Fees & Career Outcomes 2026
MBA with Oil and Gas Management specialisation from University of Petroleum & Energy Studies (UPES). UGC DEB approved. NAAC A accredited.
500+ students guided by EdifyEdu this year · Next batch: Jul 2026
About This Specialisation
The UPES Online MBA in Oil and Gas Management is offered by University of Petroleum and Energy Studies, Dehradun. UPES holds NAAC A accreditation, NIRF #45 University ranking (2025), and NIRF #36 in Management (2025). The online programme is UGC-DEB approved.
The Oil and Gas Management specialisation delivers Sem 3-4 subjects built on UPES's 20+ year heritage as India's premier energy sector university. Sem 3 covers Oil and Gas Industry Overview, Petroleum Economics and Pricing, Upstream Exploration and Production Operations, Energy Policy and Regulatory Framework, and Health Safety and Environment (HSE) Management. Sem 4 covers Strategic Management, Downstream Refining and Marketing Operations, Oil and Gas Project Management, Energy Risk and Derivatives Management, and Dissertation.
UPES is the only Indian university with a NAAC A accreditation and NIRF Top-50 ranking to offer a fully online MBA in Oil and Gas Management. This specialisation is built specifically for professionals at upstream E&P companies, downstream refineries, LNG terminals, pipeline operations, and petrochemical firms who need business management credentials without leaving sector roles. No peer online MBA provider at comparable accreditation levels offers this degree.
Semester 3 and 4 — Oil and Gas Management Subjects
Semester 3
Semester 4
Sem 1-2 shared core subjects across all UPES MBA specialisations. Core includes Managerial Economics, Accounting for Managers, Marketing Management, Quantitative Techniques, Operations Management, OB and HRM, Project Management, Financial Management, Research Methodology, and Business Analytics for Managers.
Who Hires Oil and Gas Management MBAs
Oil and Gas Management MBA graduates from UPES Online are hired across these industries and roles:
Industries: Upstream E&P, Downstream refining, Midstream pipelines and LNG, Petrochemicals, Energy consulting, Oilfield services
Entry-level roles: Business Analyst (Oil and Gas), Commercial Executive, HSE Executive, Project Coordinator, Procurement Executive (Energy)
Mid-level roles (3-5 years experience): Commercial Manager, Project Manager, Business Development Manager, HSE Manager, Operations Manager (Refinery)
Senior roles (7+ years): VP Commercial, Business Development Director, Head of Operations, Country Manager, CFO (Energy)
Top hiring organisations (UPES alumni placements): ONGC, IOCL, BPCL, HPCL, Reliance Industries, GAIL, NTPC, Schlumberger, Halliburton, Baker Hughes, and international oil companies operating in India. UPES alumni occupying senior roles at Indian public sector oil companies and private energy conglomerates give this MBA direct sector career access that no other online MBA in India can replicate.
Skills You Develop
The UPES Oil and Gas Management specialisation builds sector-specific business skills that oil and gas companies test at commercial manager and project manager levels:
- Petroleum Economics and Pricing: crude oil pricing model analysis, production economics evaluation, and OPEC market dynamics for commercial and trading roles in oil and gas firms
- Upstream E&P Operations: E&P project economics, drilling operations business context, and reservoir management from a management perspective for commercial E&P roles
- Energy Risk and Derivatives Management: crude oil futures and options hedging, commodity risk quantification, and energy trading risk management, applicable to oil company treasury and trading roles
- Oil and Gas Project Management: capital project management, contractor coordination, and cost control frameworks for project and operations management roles at energy companies
- Energy Policy and Regulatory Framework: DGH and MoPNG navigation, production sharing contract management, and energy sector compliance for regulatory and government affairs roles
- HSE Management: process safety framework management, OHSAS and ISO 14001 implementation for HSE manager roles at upstream and downstream operations
Soft skills: Presenting project economics to energy company boards, negotiating with government regulators and contractors, communicating energy risk to treasury and finance leadership, and managing cross-functional project teams at remote operations sites.
How University of Petroleum & Energy Studies (UPES) Compares for Oil and Gas Management
Comparing UPES Online MBA Oil and Gas Management against peers:
There is no direct peer comparison for this specialisation. UPES is the only NAAC A, NIRF Top-50 university offering a fully online MBA with dedicated Oil and Gas Management as a specialisation in India.
vs UPES standard MBA specialisations: UPES's general MBA specialisations (Marketing, Finance, HR, Operations) cover cross-industry business management at Rs 1,75,000. Oil and Gas Management at Rs 2,20,000 delivers sector-specific curriculum covering petroleum economics, E&P operations, downstream refining, and energy risk that general MBAs do not. The premium fee reflects the specialised curriculum and sector-specific faculty.
vs Executive MBA programmes in energy management: Full-time or weekend executive programmes in energy management at Indian management institutes carry significantly higher fees (Rs 5,00,000-15,00,000 range) with campus residency requirements. UPES Online Oil and Gas MBA at Rs 2,20,000 with zero-cost EMI delivers sector-specific curriculum at a fraction of the cost for working professionals already in the energy sector.
vs International oil and gas management programmes: International MBA programmes targeting oil and gas management (Heriot-Watt, Aberdeen, Houston) carry significantly higher fees. UPES's India-specific energy regulatory curriculum (DGH, MoPNG, PSC frameworks) is more directly applicable for professionals in the Indian oil and gas sector.
Fees and Payment
The UPES Online MBA in Oil and Gas Management has a total program fee of Rs 2,20,000 across 2 years (4 semesters).
- Year 1 (Semesters 1 and 2): Rs 95,000
- Year 2 (Semesters 3 and 4): Rs 1,25,000
- Rs 9,167 per month for 24 months
- Tenure options: 3 to 36 months
- Zero interest (0% cost EMI) through UPES NBFC lending tie-ups
- Contact our counsellor for current tenure options and approval terms
- Academic/Work Experience scholarship: 10% for 3+ years experience with 55%+ graduation marks; 15% for 5+ years experience; 20% for 10+ years experience
- Alumni scholarship: 20% for UPES degree programme graduates
- Vijay (Sports) scholarship: 35% to 100% based on national/international achievement level
- Scholarships cannot be combined with corporate MOU discounts
- Scholarship benefit applied semester-wise; eligibility confirmed at admission
EdifyEdu reconfirms fees with UPES each quarter. Please reconfirm current fees, scholarship eligibility, and EMI terms with our counsellor before any payment. Fees listed are indicative.
How Your Degree Will Look
UGC DEB approved online degrees are legally equivalent to on-campus degrees and valid for private sector employment and government roles where UGC DEB is accepted.
Sample degree not yet available for University of Petroleum & Energy Studies (UPES)
Every UGC DEB approved online degree is legally identical to an on-campus degree. Request a sample and our counsellor will share a verified image within 24 hours.
The degree certificate is issued by University of Petroleum and Energy Studies (UPES) and carries the UPES name with the MBA designation. The Oil and Gas Management specialisation is noted on the marksheet and transcript. Online mode is identified per UGC-DEB 2020 regulations. The certificate is valid for corporate hiring, PSU eligibility, and higher education admission across India. UPES is WES recognised, making the degree suitable for international credential evaluation including for oil and gas professionals seeking overseas career opportunities.
Not sure if this fits your budget? Our counsellor compares EMI plans across universities for free.
Talk to counsellorStudent Reviews — Oil and Gas Management
Three verified reviews from UPES Online MBA Oil and Gas Management alumni. Ratings from post-completion surveys.
I had 7 years in ONGC's operations division. The UPES Oil and Gas MBA gave me the commercial management credential and the sector-specific knowledge for a business development manager role. Absolutely the right choice for oil and gas professionals.
Liked: Petroleum Economics and Energy Risk and Derivatives Management were outstanding. No other online MBA at this price gives oil and gas-specific content. UPES alumni network at ONGC and IOCL directly helped with my commercial manager transition.
Disliked: International oil and gas case studies (Middle East, North Sea) could be incorporated alongside Indian sector examples.
For oil and gas professionals wanting an MBA, UPES is the only credible choice in India at this fee range. No other online MBA covers E&P economics, DGH regulations, and petroleum pricing in a single programme. Worth every rupee.
Liked: Upstream E&P Operations gave me business context for technical work I had been doing for years. HSE Management subject was directly applicable. UPES brand carries genuine weight at ONGC, NTPC, and IOCL.
Disliked: Course delivery could benefit from more real-time case discussions with practising oil and gas managers.
Excellent sector-specific credential for energy professionals. UPES's position as India's leading energy university means the degree carries real recognition at oil and gas PSUs and private energy companies.
Liked: Energy Policy and Regulatory Framework covered DGH and MoPNG frameworks in detail. Downstream Refining subject was applicable to my HPCL role.
Disliked: Oil and Gas Project Management could benefit from more PMBOK or PRINCE2 integration for formal project certification alignment.
Compare Oil and Gas Management MBA at other universities.
Compare MBA universitiesUniversity of Petroleum & Energy Studies (UPES) Online MBA FAQs
The total program fee is Rs 2,20,000 across 2 years. Year 1 is Rs 95,000 and Year 2 is Rs 1,25,000. Zero-cost EMI is available at Rs 9,167 per month for 24 months. Reconfirm current fees with our counsellor before payment.
Choose Oil and Gas Management If... / Consider Alternatives If...
Choose This If
- You are a working professional in oil and gas, refining, pipelines, or petrochemicals and want a sector-specific MBA at Rs 2,20,000.
- You want NAAC A, NIRF #36 Management accreditation with petroleum economics, E&P operations, HSE, and energy risk curriculum.
- You want zero-cost EMI at Rs 9,167/month and a WES-recognised degree recognised by Indian oil and gas PSUs.
Consider Alternatives If
- →If general management credentials with energy sector electives are sufficient, UPES standard MBA specialisations (Operations, Finance, International Business) at Rs 1,75,000 are available.
- →If power sector management rather than oil and gas is the career focus, UPES Online MBA Power Management covers electricity market and renewable energy management.
- →If international energy sector careers (Middle East, offshore) are the goal, supplement with sector certifications (PMP, API standards) alongside the UPES MBA.