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An MBA in HR is a demanding profession that requires an individual to have the ability to understand human relations. The demand for HR professionals is increasing day by day as they need to focus on recruiting the right people for the job, managing them and providing direction, and getting the best workforce for the company. To achieve all these, the HR professional requires leadership, negotiation, excellent communication skills, and to create a win-win situation for the organization and staff.
An MBA with a specialization in HR is a popular discipline amongst youngsters. The aspirants who wish to start their career in human resources can know the scope of an MBA in HR in this article and have an overall idea of the HR domain.
MBA in HR Highlights
Check out all highlights about the MBA in HR from the table given below.
|Qualification Requirement||Bachelor Degree|
|Average Salary||INR 3 to 18 lacs per annum|
|Selection Process||Entrance Exam|
|Major Recruiters||Reliance, Larsen & Turbo, KPMG, Infosys, Wipro, Aditya Birla Group, Deutsche Bank, Makemytrip, L’Oreal and Pepsico|
About MBA in HR
What is MBA in HR?
MBA in HR (Human Resource) is a 2-years master’s program that is opened for individuals with a bachelor’s degree in any stream. MBA in HR is a good career option for those who are good at communication, interpersonal skills, and the ability to envision a larger picture for an organization.
Now, HR professionals are required in both the public and private sectors.
Human resources departments are important because they help a company increase productivity while also maintaining employee satisfaction. Other reasons HR departments are important to include:
Who Should Study?
- Students who are interested in the management of personnel can do MBA in HR.
- Individuals who want to manage personnel should have a try in MBA in HR
- Aspirants who are passionate about their work and want to keep the employee morale high can do this course.
When to Study MBA in HR?
The perfect time for doing an MBA depends on the individual.
- Doing an MBA in HR just after graduation with no or less work experience may lead to fewer returns. HR aspirants must have min 3-4 years of experience to get proper returns on doing MBA in HR.
Thus, we can say that the aspirants who are interested in doing MBA in HR can do this masters degree anytime.
Types of MBA in HR
MBA in HR is available in different modes. Some of them are given below
Full-Time MBA in HR
- Full-time MBA HR is a 2 years professional degree course with fees ranging from INR 4 Lakhs – 25 Lakhs depending on the college.
- MBA in HR Admissions takes place based on the percentile scored in the MBA entrance exam, it might be either at the National or State level. Some of the top MBA entrance exams are CAT, CMAT, GMAT, MAT, SNAP, etc.
One Year MBA in HR
This program is exclusively for the working professionals who do not wish to quit their jobs to pursue MBA can go for full-time MBA courses. There are multiple top colleges in India that offers MBA in HR, some of them are :
- IIM Ahmedabad’s MBA-PGPX.
- Top MBA in HR Colleges, like Great Lakes and ISB Hyderabad, require 2-year work experience.
- One year MBA programs are popular in abroad, Kellogg one year MBA program is one of them.
- The one year MBA in HR fees are generally much higher.
Online MBA in HR
- MBA in HR is offered by many UGC approved online institutions like Great learning in collaboration with shiv nadar university, Assam Don Bosco University, Amity Noida, Jaipur National University, etc.
- Now Top B-schools have also started online MBA programs.
- Online MBA programs do not require physical presence, just that you need to have stable internet, laptop and headset to recorded or live lectures and offer a course curriculum according to your time schedules.
- Minimum eligibility for online MBA programs is 50% marks in graduates and certain work experience ( if only applicable).
MBA HR Curriculum
MBA is usually divided into 4 semesters or terms but some of the institutes have bi -semester system while others have a trimester system.
MBA HR Subjects
|MBA HR Subjects List 1st Year|
|Quantitative Techniques for Management||Principles of Management and Organisational Behaviour|
|Marketing Management||Research Methods for Management|
|Managerial Economics||Corporate Communication|
|Human Resource Management||Operations Management|
|Accounting and Finance for Managers||–|
|MBA HR Subjects List 2nd Year|
|Personal Management Concepts||Performance Management: Systems and strategies|
|Compensation Management||Strategic Management|
|Methodology of Training and Development||Business Environment and Ethics|
|Industrial Relations Management||Organisational Development and Change|
|Human Resource Development and Planning||–|
MBA HR Jobs, Scope, Skills and opportunities
MBA HR Jobs
HR Professionals are the backbone of an organization and hence there is a high demand for skilled HR professional in both the public and private sectors. Right from small startups to big organization needs HR as they form a crucial role in the formation of a company’s culture.
Senior-Level Human Resource Jobs
HR at the highest level is responsible for all the decision making process. Various job profiles in the top-level HR hierarchy are as follows:
|HR Director||The HR director is responsible for overseeing all Human Resource aspects such as handling employee relations, managing budgets, assessing staffing needs, designing training programs, and developing compensation plans for a company’s operation.||₹2,617,618/ year|
|Chief Human Resource Officer||You will work with senior stakeholders to identify business priorities and drive HR strategies & programs to help your organization meet its strategic goals.||₹4,847,900/ year|
|HR Generalist||HR Generalist will run the daily functions of the HR department such as hiring and interviewing staff, administering pay, benefits, and leave, and enforcing company policies and practices.||₹374,167/ year|
|HR Manager||HR Manager will lead and direct the HR department||₹696,951/ year|
|Assistant HR Manager||HR Assistant coordinates with the HR Managers and HR Directors to manage the activities related to human resources and also responsible for maintaining the database of record and posting job ads.||₹568,831/ year|
Middle-Level Human Resource Jobs
HR professionals in the mid-level of their career play a vital role in supporting and encouraging the employees. They organize training sessions, motivational seminars leadership programs and also tackle all issues like employee salary, increment and growth.
Various job profiles in the Mid-level HR hierarchy are as follows:
|Senior Executive HR||Senior Executive HR is responsible for overseeing the recruitment process, designing company policies, setting objectives and also help shape our employer brand strategy for the HR team.||₹246,204/ year|
|Executive HR||HR Executive is responsible for creating referral programs, updating HR policies and overseeing our hiring processes.||₹246,204/ year|
|HR Administrator||HR Administrator is the person who is responsible for organize and maintain personnel records, updating internal databases, prepare HR documents, like employment contracts and new hire guides.||₹346,053/ year|
|Staffing Manager||Staffing Managers handle every staffing needs of the company and they are also responsible for recruiting, training, and retaining employees.||₹751,249/ year|
|Human Resource Safety Manager||HR Saftey Manager is responsible for developing and administering human resources plans and procedures for all company personnel and train employees and supervisors to meet company safety culture||₹961,868/ year|
Entry-Level Human Resource Jobs
Fresh HR professionals join the organization after completing their bachelors or masters degree. Various job profiles in the entry-level HR hierarchy are as follows:
|Recruiter||Recruiters are responsible for hiring to fill the open positions for meeting this need they need to source, screen candidates, coordinating the interview process, and facilitating offers and employment negotiations.||₹300,221/ year|
|HR Analyst||HR analysts are responsible for identifying HR related issues and solving them. They are responsible for creating organisations policies and objectives. Analysing and evaluating data and reports.||₹434,020/ year|
|HR Associate||HR associates are responsible for obtaining, recording, and interpreting HR information within a company and also managing the company’s HR records and assisting new employees with enrollment procedures.||₹309,506/ year|
|HR Assistant||HR Assistant coordinates with the HR Managers and HR Directors to manage the company’s activities and maintaining the database of posting job ads.||₹294,249/ year|
|HR Trainee/ Intern||HR Trainee/ Intern is responsible for referring issues to senior HR staff. and assisting in the recruitment process through liaison with agencies/ advertisers.||₹1,92,734per year|
Skills Required for MBA in HR
|Communication||Must possess an excellent communication skill, interpersonal skill and an ability to convince others|
|Planning||Ability to plan a program and execute that accordingly|
|Supervising||Should have an ability to supervise the subordinate workers|
|Decision Making||Ability to take a decision in a critical situation and come up with a solution|
|Leadership||Ability to guide and lead people working under his domain|
Opportunities in HR
A fresh HR graduate can start their career as an HR Generalist and HR Specialist (Figure 1).
- HR generalist focus on
- Training and development
- Employee benefits
- Co-ordination with employees
- Manage Payroll
- Manage compensation
- HR specialists focus on a single area, such as recruiting or training, etc.
HR Generalist and HR Specialist career pathways in the various organisation are listed below
- The manufacturing sector, BPO/IT Sector, Banking, Hospital
- Banking Sector
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1. HR career in BPO, Corporate sectors, Service sector
From small companies to large organization, all need HR. The below figure can show how large companies have multiple human resource hierarchy (Figure 2).
2. HR career in the Education sector
HR professionals also work for Universities, College, Technical institution to hire and maintain employment records for department deans, professors, part-time instructors, administrative & clerical workers, and maintenance employees (Figure 2).
3. HR career in the Banking sector
The banking sector is one of the largest job providers in India. The role of an HR professional in the banking sector is different from other corporate sectors (Figure 3). Banking jobs attract many candidates as it is lucrative for many.
It’s not just professional qualifications that will help an individual’s career to develop rather it also depends on skills and attributes. Interpersonal and managing skills with a bit of diplomacy is a vital ingredient for a successful career in HR.
Also Read: Which course is better, MBA or PGDM?
How to advance in your HR career?
Follow these steps to progress in a human resources career path:
1. Networking with other HR professionals
HR professionals must be good at networking! Networking can give you more opportunities to learn, develop and find jobs.
2. Understand all HR jobs
Human resources departments have many job types so a basic understanding of multiple HR jobs can help you prepare for generalist or management positions.
3. Get certified
HR must get certified from institutions like HR Certificate Institute’s Professional in Human Resources certification or the Society for Human Resource Management certification to set you apart from your coworkers.
Some of the certifications are:
- Certified Talent Management Practitioner Program
- SAP HR Certification
- SHRM Certified Professional
- SHRM Senior Certified Professional
- Society for Human Resource Management Certification
4. Obtain your PhD in Human Resource
A PhD can prepare you to land in top positions. So, taking up higher studies can help you develop your skills and knowledge in subjects such as financial management, recruiting and business analysis.
The Future of HR
The demand for an HR professional has even grown rather than going down. One should remember that HR needs to adapt and be agile i.e. an HR professional must not stop learning.
HR will not be replaced, but HR professional must take up relevant courses to empower your working and be in a race.
Thus, MBA in HR future scope is bright!
MBA in HR FAQs
If you wish to upskill in this domain, check out Great Learning’s PG programs for Management. Learn with the help of mentorship sessions and gain access to Great Learning’s career support, interview preparation and resume building sessions too.
Source: GreatLearning Blog