MBA In Human Resource : Careers, Market Trend, Growth, Salary & Top B-Schools
MBA in Human Resource provides knowledge and training for maintaining the workflow of an organization. It deals with the organization’s set of values, visions, ideals, norms, working language, systems, and methodology. The role of an HR professional is to manage the company culture as well as to take care of the welfare of the employees.
The major entrance exam for MBA in Human Resource graduates is CAT, XAT, MAT, SNAP etc. MBA in Human Resource is the most in-demand job nowadays and it holds the process of hiring, training and managing employees for an organization. The job offers excellent salary packages and candidates can get directorial and senior-level management roles.
Market Growth and Trends
As discussed, MBA in HR is the most demanding degree of the day as most of the organizations need skilled Human Resource professionals to manage the workforce. From small/mid-size firms to large domestic/multinational corporates, almost every organization hires human resource professionals. An MBA graduate can avail a scope in directorial and senior-level management roles as well.
Human Resource Management is considered as the backbone of an organization for creating the proper workforce. There are lots of positions such as an HR Generalist, HR Managers, Senior HR managers, VP of operations, HR Director, and many more endless career opportunities. The demand for MBA in HR is rising constantly. Lots of top companies such as Aditya Birla Group, BPCL, Reliance, HUL, L&T, Accenture, Wipro, KPMG, Infosys, ICICI, HDFC, Tata are hiring candidates in MBA in HR position.
Career Growth
People can earn lots of career prospects in this field. The main job roles are HR Manager - Talent Acquisition, HR Manager - Training, HR Manager - Compliance, HR Professor, etc. Candidates also can start their career as an HR Generalist or HR Specialist.
The HR Generalist expects to cover the mentioned aspects of HR such as talent acquisition, training & development, employee benefits, coordinate with employees, manage payroll, compensation & benefits, etc.
The demand for HR professionals is rising in the corporate sector. Human Resources MBA professionals are required to address hiring and retaining issues related to Human resources for the smooth functioning and growth of the company. Lots of jobs are available in a good salary package for an MBA in Human Resource Management.
MBA HRM Course Content
Human Resource is a 2 years degree divided into 4 semesters. Candidates must have skill sets such as Organisational, Multi-tasking, Conflict management and problem-solving, a Tailored approach aligned with business strategy, communication for being an HR. MBA in Human Resource holds streams such as Finance and Accounts, Economics, Operations Management, Communication, Marketing and Human Resource Management and Organizational Behaviour. Apart from this, MBA in Human Resource holds subjects such as Industrial Relations Law, Fundamentals of HR Management, Fundamentals of Industrial Relations, Fundamentals of Labor Law, Human Resource Planning, Human Resource Planning etc.
Jobs after MBA in HR specialization
Candidates can avail jobs such as HR Manager - Talent Acquisition, HR Manager - Training, HR Manager - Compliance, HR Professor etc. The job roles and duties are described below:
As an HR Manager - Talent Acquisition, candidates need to plan, develop, manage and oversee the recruitment and talent acquisition processes and strategies..
As an HR Manager - Compliance, candidates need to address all the compliance and statutory issues and also ensure that the company adheres to legal standards and in-house policies. The role of an HR Professor is to bring quality education to the students of colleges.
Salary of HR Professionals
The salary level varies as per the designation and as per the organization. Whereas an entry-level talent acquisition manager with less than a year experience can expect an average salary of Rs 3.5 LPA.; a professor can earn an average salary of Rs 2-3 LPA.
Top Recruiters
The top companies which offer MBA in Human Resource are:
- Reliance
- KPMG
- Wipro
- Deutsche Bank
- L'Oreal
- Larsen & Turbo
Top Colleges that offer MBA in Human Resource
The top colleges which offer MBA in Human Resource are:
- CMS Business School, Jain (Deemed-to-be University)
- Acharya Bangalore B School (ABBS)
- ISBR Business School
- Institute of Business Management and Research – International Business School Bangalore
- Prin. L.N.Welingkar Institute of Management Development and Research (WeSchool), Bengaluru
- Institute of Business Management and Research – International Business School Bangalore
No comments