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MBA in HR Management: Insights, Scope, Course Breakdown

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Kamaldeep

15 June, 2024

MBA in HR Management: Insights, Scope, Course Breakdown

Do you remember that moment in “Lagaan” where Bhuvan leads his underrated team of villagers to an unexpected victory against the arrogant captain? An MBA in HR Management can equip you with the skills to become that Bhuvan in the real-world human resources game. It is not about brute strength but strategic thinking, building a strong team, and creating a winning environment where everyone feels valued and motivated to contribute their best.

Where each villager brought unique strengths to the table, a successful HR professional needs to wear many hats. They need to be a strategist, an advisor, a negotiator, a coach, and a champion for employee well-being.

An MBA Human Resource Management is a PG degree that provides an understanding of HR functions, whether it is about recruitment and training or employee relations. It is designed for people like you who want to become HR Manager or Specialists, and who want to play a key role in shaping the future of their organisations.

As to a GrandViewResearch report that was published, the global market for Human Resource Management (HRM) was estimated to be worth USD 24.25 billion in 2023 and is projected to expand at a compound annual growth rate (CAGR) of 12.7% between 2023 and 2030.It is expected that during the predicted period, the market will become more demanding due to the increasing adoption of digitisation and automation of human resource operations to produce efficient and flexible ways.

 

Source- Grand View Research

After reading about its qualities and future prospects, what do you think? Should you pursue an MBA in HR Management? Absolutely! You can pursue this specialisation. We will discuss the MBA Human Resource Management Syllabus and all other aspects in detail.

First Thing First: What is an MBA in HR Management

An MBA in HR Management is a 2-year PG degree programme specifically designed to equip you with the knowledge and skills needed to thrive in the HR department. You will learn more than day-to-day tasks like payroll and recruitment. It will give you a strategic perspective on how to manage an organisation’s most valuable asset: its people.

When pursuing this specialisation, you will get an understanding of business fundamentals and core business functions such as Finance, Marketing, and Operations.

Additionally, there will be many other aspects that you will be learning about such as creating and implementing initiatives that align with the company’s goals.

Course Name MBA in HR Management
Course Type Master’s Programme
Mode Full-Time, Online, Part-Time, Distance
Eligibility You should have a bachelor’s degree with a minimum of 50% marks. If you are in final year, you can apply.
Preferred tests: CAT/XAT/GMAT/NMAT. Work experience is preferred but not mandatory. MAT and CMAT scores accepted.
Duration Two Years
Average Salary Offered Anywhere between INR 2 LPA to 35 LPA.
Employment Roles • HR Generalist
• Staffing Director
• Human Resources Manager (Education and Training)
• Management (HR Assistant)
• Culture Manager
• Human Resource Entrepreneur

Why opt for an MBA in HR Management?

The world of work is changing faster than ever. Nowadays, companies are realising that their employees are their biggest asset, not just a working machine. This means HR professionals are in high demand. You will become one of the silent heroes behind a happy and productive workforce. You will be ensuring the company attracts the best talent, keeps them motivated, and helps them develop their skills.

An MBA in HR Management equips you with the skills to become a well-rounded HR professional. Here’s how:

  • Boss is Bored of Your PPTs?
    HR is not just about paperwork and birthday cards (although those are important too!).  An MBA in HR will teach you the business side of things. You will learn about Finance, Marketing, and Operations, providing you with an understanding of how a company functions.This will make you a valuable asset to the leadership team, capable of seeing the bigger picture and translating HR strategies into real business benefits.

  • From F.R.I.E.N.D.S to Frenemies? We all working professionals know that workplaces can be complicated sometimes. An MBA in HR will provide you with skills to solve these complexities. You will be learning about conflict resolution, employee relations, and mediation. You will become an expert in employment law, ensuring the company stays on the right side of the law.

  • KBC – Kaun Banega Changemaker? (Who Wants to be a Changemaker?)
    The world of work is constantly upgrading and new technologies are coming into the spotlight all the time, and HR needs to adapt too. An MBA will introduce you to the latest trends in HR, from AI-powered recruitment to digital learning platforms.

    You will learn how to use data analytics to make informed decisions and develop innovative HR strategies that keep the company ahead of the curve.

    Who can pursue an MBA in HRM?

    If you are passionate about talent management and want to become a recruitment specialist or a training and development expert, this is your chance. An MBA in HRM will allow you to choose electives that focus on specific areas within HR.

    If you are interested in employee engagement activities, consider pursuing an MBA with electives in organisational psychology or HR data analytics. It can provide you with a valuable advantage.

    Alternatively, if you are looking to upgrade your current HR role, which may have limited opportunities, an MBA can be a game-changer. The additional qualifications and the network you build during your studies can open doors to senior positions you might not have been qualified for before.

    What is the MBA Human Resource Management Syllabus?

    The MBA Human Resource Management Course syllabus is vast and invaluable. In this section, you will get insights into core subjects essential for your career growth.

    Are you looking for the MBA Human Resource Management syllabus in PDF format? You can still refer to this course syllabus, which will provide you with all the required details you need to know.

    Semester 1 Semester 2
    Entrepreneurship-NPTEL Industrial Relations for Management
    Organisational Behaviour-NPTEL Negotiation and Conflict Management
    Entrepreneurship and New Venture Creation Neuro Linguistic Programming
    Accounting for Managers Organisation Change and Development
    Applications of Disruptive Technologies in Business Business Analytics and Modelling
    Labour Laws Business Research Methods
    Managerial Economics Financial Management
    Marketing Management Human Resource Management
    Organisational Behavior Legal Aspects of Business
    Statistics for Management Operations Management
    Professional & Business Communication Country Report (SAP Courses – Optional)
    Foreign Business Language Managing Cultures (SAP Courses – Optional)
    Open Elective Courses Trends, Management & Environment of Commercial Research (SAP Courses – Optional)
    Outdoor Activity Based Courses Cognitive Analytics & Social Skills for Professional Development
    Foreign Business Language
    Open Elective Courses
    Outdoor Activity Based Courses
    Semester 3 Semester 4
    Summer Internship (Supervised Independent Learning/ Non-Teaching Credit Courses) Dissertation (Supervised Independent Learning/ Non-Teaching Credit Courses)
    Emotional Intelligence for Managers  Corporate Image Building 
    HR Analytics  GLOBAL HUMAN RESOURCE MANAGEMENT 
    Leading Change in Organisations  Human Resource Outsourcing 
    Organisation Design and Structural Processes  Managerial Counselling
    Performance and Competency Management  Organisational Development and Effectiveness
    Recruitment Selection and Retention  Power, Politics and Leadership 
    Resource Based Strategy  Psychological Testing for HR Professionals 
    Strategic Compensation Management  Transactional Analysis 
    Strategic Human Resource Management  Management in Action – Social Economic and Ethical Issues 
    Training and Development – Systems Strategies and Practices  Country Report
    WORKPLACE PSYCHOLOGY  Managing Cultures 
    Strategic Management (Core Courses) Trends, Management & Environment of Commercial Research 
    Professional Ethics and Social Responsibility for Sustainability  Foreign Business Language
    Foreign Business Language Open Elective Courses
    Open Elective Courses Outdoor Activity-Based Courses
    Outdoor Activity-Based Courses

    The syllabus listed above is a general curriculum to which many Indian universities adhere. Every university may have a different curriculum to find the precise syllabus.

    MBA in HRM Eligibility

    Just like in any good Shah Rukh Khan movie, there is always a challenge to overcome. In this case, the challenge is meeting the eligibility criteria for an MBA in HRM. But you do not have to worry about it, because it is not like climbing Mount Everest! Here is a breakdown of the essentials:

    • Bachelor’s Degree: This is your foundation, you will need a Bachelor’s degree in any discipline from a recognised university.

    • Minimum Marks: A minimum mark requirement is typically around 50%. Some universities might ask for a higher percentage, but most fall within this range.

    • Entrance Exams: This is where things get a little competitive. You will need to crack a national MBA entrance exam like CAT, XAT, MAT, or others. These exams assess your analytical, verbal, and quantitative skills – all crucial for an HR professional.

    • Work Experience: This is not mandatory, but having relevant work experience adds more weight to your application. Even an internship can be a big plus.

    • Extracurricular Activities: Think of your extracurricular activities as your “Zindagi Na Milegi Dobara” (a movie about seizing opportunities) moments. You can participate in sports, student clubs, or social work.

    MBA in HRM Fee

    We know you have decided to pursue an MBA in HR, but knowing about the Fee structure is also necessary. It is difficult to like a pair of shoes where you see one price tag; MBA in HRM fees can vary significantly. It can easily range anywhere between ₹60,000 and ₹35 lakh. This vast difference depends on two main factors.

    • Prestigious universities with strong HRM programs usually have higher fees. They attract renowned professors, industry experts, and visiting faculty, providing a rich learning experience.

    • Some universities offer specialised MBA programs in HRM, focusing on areas like Talent Management, International HR, or Labour Relations. These specialised programs may have additional fees on top of the base MBA program cost.

    MBA in HRM Mode

    1. Full-Time MBA: Immersing Yourself in the Campus Experience

      The full-time MBA is the traditional programme format, offering a structured learning environment with daily in-person classes. This intensive approach allows you to delve deep into the subject matter and develop strong relationships with your professors and classmates.

    2. Part-Time MBA: Balancing Studies with Work and Life

      The part-time MBA offers a more flexible option for those juggling work, family, and other commitments. Classes are typically held evenings or weekends, allowing you to pace your studies around your schedule.

    3. Online MBA: Learning from Anywhere, Anytime

      The online MBA has become increasingly popular in recent years, offering the ultimate in flexibility.  Classes are delivered virtually, allowing you to learn from the comfort of your own home or any location with an internet connection.

    4. Distance MBA: Traditional Learning with Offline Materials

      The distance MBA offers a structured learning approach similar to the full-time mode, but with the added flexibility of studying offline. Programme materials are typically sent by post, and exams are conducted at designated university centres.

    Which Colleges Provide MBA in HRM?

    College Name MBA Fee (Approximate)
    Management Development Institute (MDI), Sukhrali INR 24.99 lac
    Indian Institute of Management (IIM)–Ranchi INR 17.2 lac
    XLRI – Xavier School of Management, Jamshedpur INR 27.4 lac (13.7 lac per annum)
    International Management Institute (IMI), Delhi INR 20.95 lac
    Symbiosis Centre for Management and Human Resource Development, Pune INR 23.88 lac
    Amity University (For the first year)
    • INR 6.72 lac (Sponsored)
    • INR 10.08 lac (Non-Sponsored)

    Which Colleges Provide Online/Distance MBA?

    Top Online/Distance Colleges Course Fees (INR Lakhs)
    ICFAI University INR 2.00 Lakhs
    DY Patil University (Online) INR 1.69 Lakhs
    Manipal University Online INR 1.75 Lakhs
    MIT School of Distance Education INR 90,000
    Symbiosis Centre for Distance Education INR 60,000

    Job Roles and Salaries after HRM in MBA

    Job Role Average Salary Per Annum
    HR Manager INR 10.9 LPA
    Talent Acquisition Manager INR 13.5 LPA
    Employee Relations Manager INR 9.5 LPA
    Training and Development Manager INR 7.7 LPA
    Recruitment Manager INR 9.7 LPA
    HR Generalist INR 4.8 LPA
    Organisational Development Manager INR 8.8 LPA

    Takeaway

    Opportunities for incredible careers in a variety of industries can be explored with an MBA in HR Management. There are a lot of options if you would like to work as a talent acquisition executive or head an MNC’s HR department.

    You will advance in your professional career thanks to your enthusiasm for people, business, and having a great impact on organisations.

    As a result, this degree can provide you the knowledge and abilities to advance in your present HR position or pursue a different career path, giving you the advantage in the constantly evolving field of HR.

    FAQ

    Q1. What are the subjects of MBA in HR?

    When choosing an MBA in HRM, you will be studying the following subjects: Recruitment, Training, Performance Evaluation, Employee relations and compensation a comprehensive understanding of MBA Human Resource Management Syllabus.

    Q2. Is MBA HR easy or hard?

    The MBA in HRM can be challenging due to its deep and extensive syllabus, requiring hard work and long hours. However, for those committed and interested in learning, it becomes manageable and rewarding.

    Q3. Is MBA HR a stressful job?

    Yes, it can. If you have been working as an HR manager for some time, then yes, it definitely is.

    Q4. Is MBA HR in demand?

    Yes, an MBA in HR is highly promising in India due to the growing demand for HR professionals across various industries.


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