Human Resource Management is another specialization under the huge umbrella of MBA. It is much in demand as organisations today work towards improving employee engagement and retention which is why a career in HR in India is flourishing at a fast pace. The field of HR involves handling all aspects pertaining to human resources in an organization. A professional in this area is responsible for creating a work culture or environment in which people feel motivated to contribute to the company’s goals and objectives. Their key responsibilities include recruiting, training, team building, performance updates, employee policy, salary, benefits and increments, employee health and safety as well as staff amenities.
Why Pursue MBA in HR
The role of Human Resource department in organizations has changed dramatically in the last few years. Just a decade ago, the role of HR was limited to administrating or monitoring the policies of an organization. However, we have now seen a significant shift in the functions performed by HR departments today. After serving as the process-oriented arm of executive management for so many years, the role of HR has now evolved into more of a decision-making body that acts as an advisor to the management. Thanks to this evolution, the role of HR professional has become more pronounced in today’s businesses, and therefore offers a career in HR in India has a lot of scope for those who aspire to pursue MBA in HR.
Who Should Pursue MBA in HR?
Those with a bachelor’s degree in human resources administration and management can apply for this programme. Graduation in any discipline will also work if you have the ability to understand human relations, leadership skills, excellent communication and negotiation skills and also the potential to align people resource strategy with business goals. For a career in HR in India as a Human Resource expert, you should also have the ability to work under pressure, demonstrate discretion and integrity while being fair-minded.
What do you study in MBA-HR?
Students pursuing HR Management are taught various approaches for managing and leading an organization’s human resource activities that ultimately contribute to its business goals and objectives. As part of this programme, you will get an understanding of the specialized HRM skills required to implement new policies, tackle employment issues, handle various aspects of employee benefits and compensation, training personnel, etc. to further enhance and add scope to your career in HR in India.
How to pursue MBA in HR?
You should have a Bachelor’s degree in any stream. You would be required to take any general MBA entrance examination like CAT, MAT, CMAT, IIFT, XAT, NMAT etc. If you score well, you can apply for admission in the leading business schools of India. A wide range of management colleges in the country offer human resources as one of the MBA specializations. The Indian Institutes of Management (IIMs) at Ahmedabad, Bangalore, Kolkata, Lucknow, Indore, Kozhikode, and Shillong, Xavier Labor Relations Institute (XLRI), Jamshedpur; Indian School of Business, Hyderabad; Xavier Institute of Management, Bhubaneswar; Faculty of Management Studies (FMS), Delhi University; SP Jain Institute of Management Studies, Mumbai; Symbiosis Institute of Business Management, Pune and Narsee Monjee Institute of Management Studies, Mumbai are some of the colleges that offer MBA in HR.
What are the career options after pursuing MBA in HR?
Once you obtain an MBA degree in this domain, you can work as Human Resources Clerk, HR Assistant, Recruiter, Training and Development Coordinator, Payroll Specialist, Human Resources Manager, Employee Relations Manager, Compensation or Benefit Analyst/Manager, HR Information Systems Manager, Training and Development Manager, Labour Relations Manager, Director of Human Resources, VP of Human Resources, etc.
What are the growth prospects after pursuing MBA in HR?
There is immense demand for HR professionals in public as well as private sector organizations. The scope of this specialization is quite huge as almost every company, irrespective of their size and sector, needs HR professionals in order to handle their staff. You can, therefore, find opportunities in IT companies, government organizations, educational Institutes, media houses, newspapers, new agencies, hotels and food chains, financial services, manufacturing units, etc.
What is the pay package after doing MBA in HR?
In the beginning of your career, you will earn something around Rs. 20,000 or Rs. 30,000 per month. You will get a raise in your pay package basis your qualifications, ability, and experience. When you move from a junior-level to middle-level position, you can expect anywhere between Rs. 35000 – Rs. 45000 per month. At senior level, you can earn between Rs. 50,000 and Rs. 70,000 as monthly income. Apart from this, taking up consultancy is a lucrative career option.