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.
This Blog Includes:
What is Human Resource Management?
In business and management, human refers to the person who is recruited in the business organization. And resources refers to the limited availability. Therefore, managing the availability and properly utilizing the human resources is Human Resource Management.
To define, “Human Resource Management” is a function that involves the process of hiring of the workforce, providing development & training, maintaining workforce regulation, assessment of their performance, providing compensation & benefits, motivating, relation with labour, health, welfare, and safety assessment”. Simply, it is the process of hiring and developing the 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 high packages by providing their services in companies. Not only nationally, but the scope of this work is also increasing globally.
Also Read: MBA in Material Management
Course Curriculum of MBA in HR
Master’s in Business Administration is a 2-year degree programme. 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: Course
The course of Human Resource Management include the following.
- Industrial Relations
- Training and Development
- Recruitment and Selection
- Compensation and Benefits
- Labour Welfare and Social Security
- Labour Relations
- Labour Legislation
Also Read about the Courses after MBA in HR
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
- Negotiation skills
- Supervision quality
- Planning Skills
Eligibility for MBA in HR
With a wide schope 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 in 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 Discussion 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|
MBA in HR: Top Universities
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|
|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|
|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 the 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 Resource-
- 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.
- Aditya Birla Group
- Larsen & Turbo
- JP Morgan
- Deutsche Bank
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, work experience, company location, academic background, etc.
So this was all about the scope of 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.