An MBA in Human Resources focuses on gaining knowledge and awareness on how to manage a company’s workforce. Students will learn the importance of knowing an organization’s vision, clients, working system, and culture, as well as how to accomplish so. This course also explains how an HR professional can work to ensure the well-being of a company’s employees. An HR manager plays a crucial role in every organization.
The HR scope, fees, benefits, job placements, entrance test, subject, project subjects, syllabus, career, eligibility, salary prospects, and other features of an MBA degree will be discussed in this article. An MBA in HR is also highly valued in the job market. Continue reading to learn more about an MBA in Human Resources.
MBA HR: Course Highlights
An MBA in Human Resources might help you specialize in this sector. The majority of institutes offer both academic and practical expertise in the same subject. Projects and on-the-job training are used to transmit knowledge.
Here are some helpful hints for the course.
- MBA HR Course Level – This course is equal to a master’s degree in human resource management.
- MBA HR Course Length – MBA HR courses typically last two years.
- MBA HR Programme Examination Type – Most institutions hold tests for the course on a semester-by-semester basis.
- MBA HR Programme Eligibility – This course requires a bachelor’s degree in any field. Students in their final year of graduation are also eligible to apply.
- MBA HR Course Admission Process – To choose candidates for the programme, B-schools use entrance examinations, group discussions, and personal interviews.
- MBA HR Course Major Admission Exams – The CAT, XAT, MAT, and CMAT are the leading MBA entrance exams.
- MBA HR Course Fees – The usual MBA HR course expense is Rs 15-20 lakh.
MBA in HR Management Job Roles and Career Opportunities
Every organization, regardless of industry or size, needs an MBA in HR. They are in charge of screening possible applicants, recruiting, training, and motivating current employees by providing competitive remuneration and other perks. They set the company’s HR policy and ensure that all employees adhere to it in the company’s best interests. (For example, leave policies, promotions, and so on.)
Generalist in Human Resources
HR Generalists are entry-level HR managers who handle tasks such as receiving job applications, analyzing resumes, documenting the selection process, and planning recruitment drives, among others. In India, their starting salary is roughly Rs. 2.5 lakhs.
A Staffing Director is a senior HR executive who makes key choices about existing staff management. He or she is a crucial figure in the development of promotion strategies, recruitment needs, transfers, and training, among other things.
A technical recruiter is a middle-level HR manager tasked with evaluating potential candidates’ technical knowledge and shortlisting those who are skilled at technical. This is especially important in knowledge-based service industries like IT and banking. In India, the average annual income for a technical recruiter is Rs. 2.2 lakhs.
Compensation Managers are middle-level HR managers responsible for planning, analyzing, and determining the salaries of current and new employees at the company. He/she ensures that the provided income complies with the minimum wage statute and other labor rules.
He or she establishes the salary structure, bonus, and other perks to being provided to employees, as well as playing a crucial role in ensuring that staff is motivated by competitive pay and frequent increases while keeping wage costs low.
Employee Relations Manager
Employee Relations Managers are in charge of maintaining a positive working relationship between employees/trade unions and management. They hold regular meetings to solicit comments and suggestions from employees and trade unions, as well as to address complaints, grievances, and resolve internal conflicts between two or more employees or between employees and the company.
In India, they are supposed to earn Rs. 5 lakhs each year.
Director of HR Training & Development
A Director of HR Training and Development is a senior HR executive who is in charge of developing and delivering training to new and existing workers.
He or she ensures that the training sessions are beneficial and productive for the participants, resulting in increased profitability for the company due to increased employee productivity.
In India, they can expect to earn between Rs. 15 lakhs and Rs. 20 lakhs each year.
MBA in Human Resource Management: Salary
An employee in the Human Resource industry earns around Rs 4.4-5.2 lakh per year on average. A lot relies on the number of years an individual has worked in this industry. The payout is divided as follows, based on previous experience:
|Experience||Average Salary (Per annum)|
|Fresher||Rs 1.7 lakh – 4 lakh|
|2-5 years of experience||Rs 3.5 lakh to Rs 7 lakh|
|More than 5 years||Rs 8.00 lakh to Rs 24 lakh|
Every firm, whether public or private, need effective personnel, which necessitates the hiring of qualified individuals as Human Resource managers and other related positions. Here’s a list of some of the best HR recruiters:
- State Bank of India
- Ministry of Human Resource Development
- Bharat Electronics Limited
- Marriott International
- Indian Institute of Corporate Affairs
- HDFC Bank Ltd
- Wipro Limited
- Trigent Software Limited
- Tata AIG General Insurance Company Limited