Human Resource Management is the most popular specialisation among students who wish to pursue an MBA degree. Candidates who have good people skills and excellent communication skills are the best fit for this course. The course curriculum trains the students to understand, analyse, train, manage, and supervise the aspirants who want to work in an organisation. An MBA in HR inculcates in you the required skills and training so that you can provide an efficient output in your organisation. It aims at imparting a strong knowledge domain that will help you to provide the best to the employees of the organisation when you enter the real business world.
What is Human Resource Management?
Human Resources is one of the major departments in an organisation. It is responsible for building the work culture of the organisation and inculcating the core values among employees. A Human Resource Manager is mandatory in every public and private organisation. The curriculum of an MBA in this specialisation focuses on various topics including Individual Behaviour in the Organisation, Entrepreneurship Development, Human Resource Information Systems, Labour Laws, Economics of Human Resources, and many more.
An HR personnel aims at providing ideal candidates to the organisation, thus, building a workforce that is determined at promoting growth and development in the company. These professionals also help to align the individual interests of employees with the organisation.
Job opportunities and salary packages after MBA in HR are lucrative, and you can expect exponential growth in you career with experience.
Why Pursue Human Resource Management?
Human Resource Management is a desirable course for all those who are capable of understanding the needs of human personnel and positioning them in the organisation in the most productive and efficient manner.
There are many advantages of pursuing an MBA in Human Resource Management. Some of them are:
1. Larger Job Opportunities
An MBA in Human Resource Management opens extensive career prospects. Companies are in constant search of self-motivated individuals who aim to run the organisation efficiently. A specialisation in HR provides diverse job positions which include HR Manager, Senior HR Manager, HR Directors, VP of Operations, Employee Relations Director, etc.
2. Dynamic Leadership Position
An MBA in Human Resource Management increases the responsibilities of the role. Apart from training the employees, you are also responsible for the effective functioning of the organisation taking into view the rules and regulations of the firm.
3. Job Stability
Since every organisation needs a workforce for proper functioning, an HR Manager is always a prerequisite to build an ideal employee base in the organisation. An HR Manager will always be an indispensable requirement for the organisation even if the economic conditions are not stable. Therefore, you have a plethora of charming opportunities to choose from after pursuing an MBA in HRM.
4. Lucrative Packages
An MBA degree in HRM guarantees you influential positions in organisations, which offer higher salaries and innumerable perks and benefits to an individual.
Therefore, an MBA in HRM is not only beneficial for your personal growth but also benefits the organisation by recruitment of ideal human personnel in the organisation to facilitate smooth functioning.
Scope of Human Resource Management
After acquiring a distance MBA degree in Human Resource Management, individuals have a plethora of job opportunities in both public as well as private entities. The course provides you with in-depth know-how of dealing with the human personnel in the organisation and builds a skill set that helps you in carrying out the proper functioning of the organisation.
It covers a wide scope of responsibilities which include:
- Human Resources Planning
- Job Role Analysis Design
- Recruitment and Selection
- Orientation and Induction
- Training and Development
- Performance Evaluation for Appraisal
- Remuneration Negotiation
- Employee Motivation
- Addressing and Resolving Grievances
Some of the job opportunities available to the aspirants include:
- Human Resources Manager
- Human Resource Generalist
- Staffing Director
- Technical Recruiter
- Executive Recruiter
- Compensation Manager
- Employee Relations Manager
- Director of HR Training and Development
- Non-Profit Human Resource Expert
- Human Resource Consultant
Why Pursue a Distance MBA in HR?
A Distance MBA programme has been gaining immense acclamation among young students in this highly competitive world. Apart from preparing you for the complex business world, a Distance MBA programme also helps you land better opportunities and higher packages. It is also very cost-effective and facilitates self-paced learning.
Let’s study some benefits of pursuing a distance MBA course in Human Resource Management:
1. Communication Skills and Leadership Abilities
A distance MBA course helps you acquire in-depth knowledge and equips you with the relevant skills required to function in the multifaceted world of HR. It helps inculcate beneficial soft skills such as communication skills, analytical abilities, decision-making abilities and leadership skills. These skills help them to control and manage the workforce in an effective manner.
2. Self-Paced Learning
A distance MBA course helps you to learn at the pace that suits you the best. Working professionals do not have ample time to attend lectures and make assignments as in traditional MBA programmes. Therefore, most of them prefer an online MBA degree which facilitates them to complete the curriculum according to their own schedule. Most distance MBA programmes such as the NMIMS distance MBA come with the flexibility to choose your own class as well as examination slots.
3. Insights into Organisational Psychology
Many Distance MBA programmes facilitate alumni interactions and interactions with industrial personnel which will help you to get deep insights into the real-time industrial practices. Therefore, a distance MBA in HRM will help you to gain hands-on experience in a complex business environment.
One of the best features of an online MBA programme is that it is very cost-effective. Compared to a traditional classroom learning programme, an online programme has proven to be quite economical. The students can earn a professional degree at their homes without incurring extra transportation or hostel costs.
What Will You Learn During The Course
An MBA in Human Resource Management is a two-year postgraduate course that is divided into four semesters or terms. Many eminent institutes such as NMIMS offer summer projects and industrial training that provide you with a practical experience of the real business world.
The semester-wise syllabus can be listed as below:
|Semester I||Semester II|
|Management Theory and Practice||Business Communications|
|Organisational Behaviour||Essentials of HRM|
|Marketing Management||Business Law|
|Business Economics||Strategic Management|
|Financial Accounting and Analysis||Operations Management|
|Information System for Managers||Decision Science|
|Semester III||Semester IV|
|Performance Management System||Employee Development and Talent Management|
|Industrial Relations and Labour Laws||International HR Practices|
|Organisational Theory Structure and Design||Strategic HRM|
|Manpower, Planning, Recruitment, and Selection||Business: Ethics, Governance, and Risk|
|Organisation Culture||Research Methodology|
|Compensation and Benefits||Project|
An MBA in Human Resource Management provides you diverse options for your career prospects. It opens up a wide range of job opportunities in some of the top companies of the country.
Some of the top career opportunities available after the course can be mentioned as follows-
|HR Specialist||An HR Specialist performs the role of recruitment, selection, training, and management of employees in an organisation.|
|Talent Acquisition Manager||The main responsibility of a Talent Acquisition Manager is to acquire the best talent in the town. The process involves sourcing, interviewing, recruiting, and onboarding of new employees.|
|HR Operations Manager||An HR Operations Manager is responsible for managing all the HR activities like maintaining the daily HR databases, resolving employees’ complaints and issues, setting objectives, and monitoring the HR system.|
|Employee Relations Manager||An Employee Relations Manager is responsible for maintaining good relations between the employee and the employer. Their tasks also include handling customer grievances & complaints and also facilitating counselling sessions in case of any conflicts.|
Job Roles and Salaries
|Job Role||Average Annual Salary|
|HR Assistant Salary||INR 2.3 Lac|
|Senior Recruiter Salary||INR 4.1 Lac|
|Technical Recruiter Salary||INR 2.4 Lac|
|Deputy Manager Salary||INR 6.0 Lac|
Future of the Field
Human Resource Professionals make the spine of any organisation. Therefore, it is no surprise that there is such a huge demand for HR personnel in both public as well as private sectors. MBA in HRM is one of the most prestigious courses in the field of Management which provides you with promising future opportunities. The course provides you with a strong knowledge base and the appropriate skill set to strive for excellence in this highly competitive era.
Q1. What is the Eligibility Criteria for pursuing an MBA in HRM?
Ans. If you wish to pursue an MBA in HRM, you must possess a Bachelor’s Degree with a minimum of 50% and above from a recognised university. Some universities even provide admission on the basis of your scores in certain MBA entrance exams like CAT, MAT, SNAP, NMAT, etc.
Q2. Which could be an ideal institute for pursuing an MBA degree?
Ans. One of the eminent institutes for pursuing an MBA degree (both distance as well as Regular MBA) is NMIMS. Their highly qualified faculty members and interactive learning environment make them an ideal choice for most of the aspirants.
Q3. Is an MBA in HRM a good option?
Ans. An MBA in HRM is one of the most in-demand options among MBA aspirants because of the vast scope of the field. Moreover, a Human Resource Manager is the backbone of the organisation and will always be essential to a company irrespective of the prevailing economic conditions.