Trichy: Managing director of Chennai Petroleum Corporation Limited (CPCL), S N Pandey, on Saturday, said that as the increase in demand for energy globally is expected to be huge, more people are required in this sector.Pandey was speaking at the inauguration of the seventh batch of Post Graduate Programme in Business Management (PGPBM) at Indian Institute of Management – Trichy (IIM-T), where he was invited as the chief guest.
Addressing the newly-admitted PGPBM students, Pandey spoke about the global economy and how the increase in the world’s population means that the demand for energy has increased significantly. “As much as 50% of the energy comes from the oil and gas sector. Tremendous investment is required in the oil and gas industry. In fact Indian Oil Corporation is set to invest 3 lakh crore in the next 10 years,” Pandey said. He added that students with MBA degrees and good work experience would fit-in well for jobs in this sector.
“Currently, critical and strategic thinking and ethical reasoning are the most important traits required from MBA graduates,” said director of TransBiz Consulting, P Santhanam.
The total student strength of PGPBM 2018-20 is 36 with an average work experience of 11.5 years. “With a solid profiles including impressive work experience, this batch is comparable to that of other international executive programme batches,” director of IIM-T, Bhimaraya Metri said. Best academic performers of first year were given ‘Merit Awards’. The chief guest also presented the ‘Best Industry Project’ award to students of PGPBM 2015-18 batch.