Degree Name:

Master of Petroleum Business Management

Degree Abbreviation:

MPBM

Duration Range:

1-2 years

Tuition Range (US, UK, AUS, NZ):

$10,000-$50,000 per year

Overview:

The Master of Petroleum Business Management degree is designed to provide students with a comprehensive understanding of the petroleum industry and the business management skills necessary to succeed in this field. The program covers a range of topics, including petroleum exploration and production, energy economics, risk management and strategic planning.

Curriculum Overview by Year:

• Year 1: Introduction to Petroleum Industry, Energy Economics, Petroleum Exploration and Production, Financial Accounting, Business Statistics
• Year 2: Risk Management, Strategic Planning, Petroleum Marketing, Project Management, Corporate Finance

Key Components:

The key components of the Master of Petroleum Business Management degree include a strong foundation in petroleum industry fundamentals, an understanding of energy economics and risk management and the development of strategic planning and project management skills. Students will also gain experience in financial accounting and corporate finance, which are essential for success in the petroleum industry.

Career Prospects:

Graduates of the Master of Petroleum Business Management degree can pursue a variety of careers in the petroleum industry, including roles in exploration and production, marketing and sales, risk management and strategic planning. Graduates may also work for consulting firms or government agencies that specialize in the petroleum industry.

Salary Expectations:

The salary expectations for graduates of the Master of Petroleum Business Management degree vary depending on the specific role and location. According to Payscale, the average salary for a petroleum engineer is $97,000 per year, while the average salary for a petroleum geologist is $89,000 per year.

For a more accurate understanding of salary expectations, you can utilize the Job Sites Search Engine, from our sister site jobRank, which searches over 4,600 job sites worldwide. Make sure to specify not only the job title but also the country you are interested in.

Conclusions:

Overall, the Master of Petroleum Business Management degree is an excellent choice for students who are interested in pursuing a career in the petroleum industry. However, it is important to note that the duration, tuition fees, curriculum, key components, career prospects and salary expectations can vary depending on the country and university where the degree is studied. Visitors can search for where this specific degree is offered anywhere in the world through the uniRank World Universities Search Engine.

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