MIT Sloan Optional Essay - Akshat Agarwal

1. MIT Sloan Application - Optional Essay
Akshat Agarwal

2. 
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Strong Experience - Several years of
experience in oil & gas – worked with
over 50 companies and led projects
for all 6 “Supermajors”.
Stellar Education - Strong engineering
background in design, analysis and
quality control.
Strong Organizational skills &
International Exposure - Planned,
organized and executed projects in
Texas, Thailand, Singapore, France
and Germany.
Failure analysis
Design
Organization
Int’l exposure
Developed Technical Resources Developed and delivered technical
training to 300+ personnel.
Development

Strong Network - Strong alumni
network from N.I.T Jalandhar & Univ.
of Florida.
Training
+
Network
MIT Sloan Application - Optional Essay
Akshat Agarwal

3. India will continue to rely heavily
on oil and gas in the next 15
years & beyond.
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
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Current Indian crude oil production - 37 million metric tons (MMT) / year.
Current Indian crude oil consumption – 138 MMT / year.
Expected Indian crude oil consumption – 368 MMT / year by 2025.
Source: Basic statistics released by Ministry of Petroleum & Natural Gas in India

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400 million Indians still don’t have access to electricity due to inadequate energy
supply.
Indian govt. trying to meet increasing energy demand – plan to auction a record
56 exploration blocks in 2014 & seeking investment of USD 250 billion in oil and
gas in next 10 years.
Bottom line: Projected increase in exploration activity – extremely positive outlook
for oil & gas services in India for the next 15 years & beyond.
MIT Sloan Application - Optional Essay
Akshat Agarwal

4. 
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

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Business practices in
India
Evolving landscape of
the energy industry
Marketing services to
Indian companies
Financial Investment &
Cash Flow Management
Business Development
& Client Relationship
MIT Sloan Application - Optional Essay



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Sloan India Lab – Gain real-world
experience about business practices &
challenges in India.
MIT Energy Conference – Engage
industry leaders to better understand
the future of the energy industry.
Refine my marketing skills through
courses like “Entrepreneurial Marketing”
and “Marketing Strategy”.
Develop insight into Finance through
courses like “Entrepreneurial Finance”
and “Financial Management”.
Build client relations through Sloan’s
alumni network in addition to my
existing professional network.
Akshat Agarwal

5. The formal business education, action learning
opportunities, collaborative community and entrepreneurial
environment at MIT Sloan will help me to refine my
leadership skills and eventually establish my own consulting
firm in India.
MIT Sloan Application - Optional Essay
Akshat Agarwal