MBA in HR (Human Resource Management)

mba in hr

Overview on MBA in HR

MBA in Human Resource Management:

About MBA in HR :

Key Features of MBA in HR Management:

The Ground Covered:

After MBA in HR?

Ideal Characteristics for an Aspirant:

To Sum it Up:

Evolving Into:-

Career Prospects

In India:-

Top Colleges Offering MBA in HR:

Expected Salary:-

 

MBA in Human Resource Management:

The MBA in HR or Human Resource Management is the two year post graduation degree program for a graduate which deals with the management of employees in organization, planning strategies, recruitment, hiring of employees, and training of employees, among other things.

About MBA in HR :

This degree or course is perfect for those wanting to develop a management career in HR and strategy, the internationalization process and the shifting HRM agenda. This is inclusive of mergers and acquisitions, rapidly developing labor markets and emerging economics and international leadership.

During MBA in HR management, one experiences the process of human resource management with a business administrative dash to it, to enhance one’s personal and career development.

Key Features of MBA in HR Management:

  • This MBA in HR is an intensive course in management, with a Human resource management perspective.
  • It is the ideal course for those wanting to develop a management career in strategic human resources.
  • It allows one to share and reflect upon their experiences alongside those of others in a mutual dependence environment.
  • Business skills of leadership, communication, teamwork and decision-making are the key focus of this course.
  • It allows candidates who have good people skills to make an excellent and high profile career out of such abilities.

The Ground Covered:

  • Professional Academic Support Skills, Managing Change and Leadership, Managing Through Information, Economics and Marketing, Business Research Methods
  • Managing Strategy, Operations Management, International HRM, Managing a diverse workforce
  • Dissertation

After MBA in HR?

HR graduates will be ready to follow careers in general management, specialist HR management positions or consultancy roles in all areas of human resource management, up to the director level. MBA in HR gives access to posts in the areas of personnel administration, hiring and selection, training and development, people and organisational development, employee relations and human resource planning.

Ideal Characteristics for an Aspirant:

  • The obvious leadership and functional skills aside, it has been said that a good sense of humor and thick skin is required for an aspirant to be a successful HR employee.
  • Along with an approachable demeanour, it helps a lot if co-workers deem one to be sensitive and empathetic yet an appropriately assertive leader, and a highly efficient communicator.
  • HR people usually carry out the roles of messengers and executors of the decisions made by the higher authoritative figures, which, sadly is in the form of unwelcome change. They must hence be able to bear the brunt of some amount of ill feelings directed towards them. Nobody would be jealous of an HR Director when he/she runs an organizational restructuring or job/role/compensation re calibration program.
  • As the recruiters, HR personnel hold sensitive and confidential information about employees. They are aware of organizational politics and other sensitive information regarding the company and its employees. It makes their role in the company inherently secretive, as they have to be extremely careful about what they speak, to whom and when.
  • Bottom-line is that one needs to strike the balance in maintaining the relationship with your colleagues, while not losing sight of how sensitive the knowledge one is privy to, is. To some, this skill comes naturally, while to others, it takes time to build.

To Sum it Up:

HR aspirants need the following skills-

  • Ability to understand human relations
  • Leadership and negotiation skills
  • Ability to operate as required by the organization and situation
  • Strategic planning through people development
  • Understanding of different cultures
  • Excellent communication skills
  • Ability to make tough decisions, to create a win-win situation for the organisation and staff
  • To handle PR with tact and a firm hand, while also being careful with peoples’ sentimentalities

Evolving Into:-

This profession has a much larger role today, than the typical functions presumed to be handled by HR professionals – conducting interviews, explaining company benefits, managing employee relations, providing career development advice and helping hiring managers with performance and productivity expectations. HR is a key component of any organization’s senior management team. They have evolved from behind-the-scenes administrative role to active involvement in shaping corporate policy. It is also important to note that HR professionals often progress to higher levels in an organization and a career in HR can lead to a position as CEO

Career Prospects

HR management is a field that applies to almost any type of job. It is always important to have someone in charge of the management of the available skill sets. The main task of HR managers is to manage the use and development of available skills and talent of the employees within the organization. Thus, they are highly in demand in both public and private sector organizations. Employment can be found in public and private sector industries, banking and financial institutions, corporate houses, and multinational companies. Candidates can aspire to be employed in the services sector, particularly IT. While large firms have their permanent personnel managers, small companies, on the other hand, hire services of human resources consultants.

In India:-

Human Resource Management has great scope in India. With the increasing amount of youth population in India and increasing job opportunities in IT & various other sectors, the demand for young and talented people has increased to a greater extent. The scope of HR is wide because of the numerous start up companies and small to medium scale businesses that have been cropping up in the burgeoning market of India’s versatile population. The existence of many new HR related demands also contribute, such as advanced performance appraisal systems, Human Resource Information System, job satisfaction, employee involvement, corporate governance etc. The students having MBA Human resource degree can get job in variety of organizations such as financial firms i.e banks, non-financial firms such as IT companies insurance companies etc.

Top Colleges Offering MBA in HR:

A wide spectrum of institutes in India offer human resources or labor relations as one of the specializations under the MBA program.

  • The seven Indian Institutes of Management (IIMs) at Ahmadabad, Bangalore, Kolkata, Lucknow, Indore, Kozhikode, and Shillong are among the top B-schools that conduct MBA (HR or LR) program in India.
  • Some other top management schools offering this course include: Xavier Labor Relations Institute (XLRI), Jamshedpur; Xavier Institute of Management, Bhubaneswar; Indian School of Business, Hyderabad; Faculty of Management Studies, Delhi University – New Delhi; Jamnalal Bajaj Institute of Management Studies, Mumbai; SP Jain Institute of Management Studies, Mumbai; Management Development Institute, Gurgaon; Narsee Monjee Institute of Management Studies, Mumbai; and Symbiosis Institute of Business Management, Pune.
  • Read some more colleges Click Here

Expected Salary:-

As an MBA graduate, a personnel manager can earn around Rs. 20,000 to Rs. 30,000 per month in the beginning in the private sector. However, in the public sector, the pay scale is comparatively lower than that of the private sector. The pay package depends entirely upon the qualifications, ability, and experience of the person concerned. At senior level, an MBA graduate, with human resources as specialization, can expect anywhere between Rs. 50,000 and Rs. 60,000 as monthly income. Also those who have taken up consultancy as a career, also receive handsome returns.

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