Emerging Career Opportunities through MBA in Power Management

1
Emerging Career Opportunities through MBA in
Power Management

• Electricity is so important that even the
  slightest altercation may create ripples in all
  sectors of life. Dependence on thermal power was
  predominant in the last decades, however, the
  extra vigil on the climate implications put the
  global community in defence.

2
Emerging national trends in the Power sector

• Nowadays, the most trusted power source is being
  folded up from service. The trend initiated by
  European countries and fast blowing into third
  world countries like India and China, jointly
  contribute more than 50 of global dirty power.
• The government of Indias green power initiatives
  which were in the back seat, are now achieving
  momentum and massive climate-neutral projects are
  being executed in the area of photovoltaic power
  systems. The wind and small hydro are not far
  dragging behind.

3
What impact does it has on career potential in
the Power sector?

• This stimulus effort, both from the government
  and private sector perhaps leads to a systemic
  change in the form of renewable power injection
  into the grid. This is expected to create lakhs
  of new job opportunities not only in the area of
  the conventional and renewable sector but in the
  allied areas as well, like project management,
  project feasibility analysis, implementation,
  financial modelling, power trading, power market
  operations, planning, etc.

4
Career roles and growth to look out for

• The potential hot job spots most visible in the
  power sector that undergoes swift transformation
  are
• Electricity market operations
• EPC of Power Plants
• Financial Analyst for Projects
• Feasibility Analyst of Projects
• Power Plant Manager
• Power Policy and Strategy Makers
• Energy Law Policy advisor
• The years ahead are predominantly of power
  markets and their derivatives. The Indian power
  sector is expected to transform soon into a
  market-focused operation like the European power
  sector where 90 of the power is sold through
  their electricity markets.
• Competency in power market operations and trading
  is vital to gain and perform in these positions.
  A well-designed course that provides an in-depth
  knowledge of the electricity market is essential
  to achieve this competency.

5
How helpful is an MBA in Power for Engineering
graduates?

• The engineering skills (B.Tech) along with
  business intelligence (MBA-Power) mould the
  perfect professionals for this sector. The
  financial and feasibility analyst of the project
  plays a vital role during the design and
  implementation stages of the power project as
  their feedbacks determine the future of the
  project.
• Meticulous expertise in the concerned power
  project is required to provide the right input at
  the right time which accompanies tremendous
  engineering effort and funds.
• The day-to-day activities of any plant are
  managed by a power plant manager who must have
  expertise in engineering and management as well.
  If he could see the HR, Finance, and Engineering
  challenges faced by the plant with equal
  capability, it would streamline the entire power
  station operations and improve the plant capacity
  and efficiency. This is most expected by any
  investor in terms of the financials of a power
  plant.

6
Heres the only advice you need!

• A course that bridges the gap between technical
  expertise and management or vice versa is crucial
  to grab these emerging opportunities in the area
  of the power sector. A well-designed and advanced
  course like MBA in Power Management is the need
  of the hour and that is what exactly UPES is
  offering to you, in Regular, Distance (ODL) and
  On Line-mode (OL) considering the varying needs
  and convenience of candidates.