Among the many degrees, MBA is considered one of the prestigious programs with a vast majority of students enrolling for different courses under it. There are several specializations in MBA like MBA in Banking, MBA Healthcare Management, MBA in Airport Management, MBA in Information Technology, MBA in Entrepreneurship, etc. MBA also has a great scope and future career opportunities in the field of human resources. In this blog, we will explore many aspects relating to the course details and scope of MBA in HR.
Course Level | Postgraduate |
Duration | 1-2 years |
Fees | INR 5-20 Lakhs/year |
Top Recruiters | Reliance, Aditya Birla Group, Amazon, Larsen & Turbo, KPMG, PepsiCo, Makemytrip, Infosys, Wipro, Delloite, and L’Oreal. |
Entrance Exams | GMAT, CAT, XAT NMAT by GMAC, IIFT |
Average Salary | 4 Lakhs to 7 Lakhs |
This Blog Includes:
- What is MBA in Human Resource Management?
- Scope of MBA in Human Resource Management
- Duration for MBA in HR
- Course Curriculum of MBA in HR
- Scope of MBA in HR: Syllabus
- Skills Required
- Eligibility for MBA in HR
- Colleges Providing MBA in HR in India
- Top Universities for MBA in HR Abroad
- Career Scope of MBA in HR
- MBA in HR Recruiters
- Salary
What is MBA in Human Resource Management?
In business and management, human refers to the person who is recruited in the business organization. And resources refer to the limited availability. Therefore, managing the availability and properly utilizing human resources is Human Resource Management.
To define, “Human Resource Management” is a function that involves the process of hiring the workforce, providing development & training, maintaining workforce regulation, assessment of their performance, providing compensation & benefits, motivating, and relation with labor, health, welfare, and safety assessment”. Simply, it is the process of hiring and developing personnel according to the organization’s needs.
Scope of MBA in Human Resource Management
In contemporary times, an MBA in Human Resources is a very demanding profession and the demand is likely to increase over time. The basic reason for this is, personnel are the most important part of any organization, therefore management of the personnel is the most important task to be focused on. A student with an MBA in HR can avail of high packages by providing their services to companies. Not only nationally, but the scope of this work is also increasing globally.
Also Read: MBA in Material Management
Duration for MBA in HR
MBA in HR is generally a 2-year program and for distance learning courses, the minimum duration for this program is 2-2.5 years, and the maximum duration to complete the program is 4 years. For an Executive MBA program in Human Resource Management, the duration of the course varies from 1 to 2 years.
Course Curriculum of MBA in HR
Master’s in Business Administration is a 2-year degree program. Your interest and specialization depend upon your choice. The specializations include finance, HR, OM, etc. To get admission in any MBA course, you’ll have to score at least 50% in your bachelor’s degree in any discipline. General management skills are developed in the students in the first year and in the second year students are taught about Human Resource practices.
For the entire duration of the course, students are taught about strategic management, human resource development, and legal aspect management. The students are also taught about the cultural, social, and economic factors that influence personnel relationships.
Scope of MBA in HR: Syllabus
Studying an MBA in HR, you will be familiarised with how organizations operate as well as the key process of employee management, recruitment, training, development, organizational development, and much more. Take a look at MBA in HR syllabus to know more about the subjects you will get to study:
First Year | Principles of Management and Organisational Behaviour Research Methods for Management Quantitative Techniques for Management Human Resource Management Marketing Management Managerial Economics Corporate Communication Operations Management Accounting and Finance for Managers |
Second Year | Systems and Strategies of Performance Management Personal Management Concepts Business Environment and Ethics Compensation Management Strategic Management The methodology of Training and Development Industrial Relations Management Organisational Development and Change Human Resource Development and Planning |
Also Read: Courses after MBA in HR
Skills Required
To attain mastery and improve your scope of MBA in HR, the following skills are desired from the students of Human Resources Management.
- Effective communication skills
- Conflict Management
- Change Management
- Adaptability
- Negotiation skills
- Supervision quality
- Planning Skills
Eligibility for MBA in HR
With a wide scope of MBA in HR, many students apply for the program. Students who wish to pursue an MBA in HR must check the eligibility criteria. The following is the general eligibility criteria for most of the colleges.
- Students must have a Bachelor’s degree in any discipline, with aggregate marks of 50% or an equivalent CGPA score from any recognized University / College
- The admission is open to final-year students depending on their results.
- Students may also have to appear for examinations like CAT/MAT/XAT or ATMA for their admission to the MBA program. Some of the affiliated universities conduct their own entrance examinations.
- Students must also provide IELTS or TOEFL scores, whichever is mandatory in the country you are seeking admission in.
- A few universities also conduct Group Discussions and Personal Interviews to pick the most deserving candidates.
- Some of the Universities like Indira Gandhi National Open University and Sikkim Manipal University also provide distance courses for MBA in Human Resource. However, IGNOU conducts its entrance examination known as OPENMAT.
Also Read: Eligibility for MBA
Colleges Providing MBA in HR in India
Colleges | Fees per year (in lakhs) (INR) |
Management Development Institute | 19.8 |
SVKMs NMIMS (Narsee Monjee Institute of Management Studies) | 17.50 |
Tata Institute of Social Sciences, Mumbai | 1.05 |
International Management Institute (IMI) Delhi | 15.41 |
Indian Institute of Management (IIM) Ranchi | 12.50 |
Xavier Institute of Social Service Ranchi | 5.59 |
University Business School (UBS) | 16.00 |
International School of Business and Media | 8.90 |
Indian Institute of Social Welfare and Business Management | 4.95 |
Xavier Labour Relations Institute (XLRI) | 20 |
Top Universities for MBA in HR Abroad
With a highly advanced teaching system led by world-class professionals, the following are the top universities abroad that offer degrees for MBA in HR.
Universities | Fee (per year) (in lakhs INR) | IELTS score |
Coventry University | 28.1 | 6.5 |
University of Bedfordshire | 19.6 | 6 |
University of Sunderland | 19.9 | 6 |
Dublin Business School | 11.0 | 6.5 |
Pace University | 55.1 | GMAT accepted |
Heriot-Watt University | 30.5 | 6.5 |
Westford University College | 6.4 | No such limit |
SRH Hochschule Berlin | 13.3 | 6.5 |
The University of Newcastle | 31.4 | 6.5 |
EU Business School- Barcelona | 18.1 | 6.5 |
Also Read: Distance Learning Courses
Career Scope of MBA in HR
As already mentioned, job opportunities in this sphere are vast. The reason behind this is that all industries need to hire an HR administrator(s) to settle and handle the activities regarding the hiring of employees, their benefits, compensation, salary settlement, training & development and maintain the work performance of the personnel, and ensure that all activities are done as per the company policy. An MBA in HR graduate can work in industries, corporate, colleges & schools, and MNCs. There are a sufficient number of jobs in India, and of course, there is a great opportunity to work abroad.
Here are the major job profiles in the field of MBA in Human Resources-
- HR Generalist
- Staffing Director
- Technical Recruiter
- Compensation Manager
- Employee Relations Manager
- Employment or Placement Manager
- Director of HR Training and Development
- Organizational development and change consultant
Check out the Top 10 Human Resource Management Challenges
MBA in HR Recruiters
Owing to the extensive scope of MBA in HR, many recruiters are looking for suitable graduates in the field. The following are the top recruiters for MBA in HR graduates.
- Wipro
- HDFC
- Aditya Birla Group
- Reliance
- Larsen & Turbo
- HSBC
- Accenture
- KPMG
- JP Morgan
- Infosys
- Deutsche Bank
- Makemytrip
- L’Oreal
- Pepsico
Salary
The major highlight of an MBA is the salary package offered by companies. With the increasing scope of MBA in HR and high demand, freshers start with earning 3-5 LPA in their initial years. After gaining experience, people can earn up to 3-6 LPA and this amount may reach 24 lakhs p.a. The salary you’ll earn depends upon numerous factors like the organizations you work for, work experience, company location, academic background, etc.
So this was all about the scope of an MBA in HR. We hope you’ve understood the details. If you have doubts and want to clear them out, do leave them in the comments below. You can also consult our counselors at Leverage Edu for your study plans abroad. To subscribe to our newsletter and connect us on Instagram, Facebook, Twitter, Linked In, YouTube and Pinterest.
-
Good but plz send information about MBA hospital administration
-
Hi, Venkata!
You can read:Everything About MBA in Hospital Administration
-
2 comments
Good but plz send information about MBA hospital administration
Hi, Venkata!
You can read:Everything About MBA in Hospital Administration