Ever wondered about professionals who are considered to be the backbone of an organisation? An organisation works efficiently when it ensures a balanced and enriching environment for its employees. Keeping this vision in mind, companies hire professionals who specialize in human resource management to ensure the effectiveness of their work. Through this blog, you will be able to understand why MBA in HR is considered as a lucrative option and why companies are investing in creating a more holistic employee experience.
|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:
- MBA in HR Full-Form
- What can you do with an MBA in Human Resources?
- Benefits of MBA in HR
- MBA in HR Syllabus
- Top Universities for MBA in HR
- Top MBA in HR Colleges in India
- MBA in Human Resouce Management Eligibility:
- MBA in HR Salary
- Why MBA in HR: Top Recruiters
- Why MBA in HR? (Final Note)
MBA in HR Full-Form
Masters of Business Administration in Human Resources or HR are individuals working for an organisation and its members, this individual is responsible for managing all the resources associated with the employees and creating a good working environment for them. An individual with a degree in MBA in HR is considered to have the core knowledge and comprehension of the fundamentals of human resource management. However, skilled experience along with education allows one to put life into those concepts and become a professional.
Check Out the Best Answers for Why MBA!
What can you do with an MBA in Human Resources?
Every company needs an HR administrator to handle some of the core activities of the organisation. A professional with an MBA in HR can work in a wide range of industries such as colleges, schools, corporate firms, and even multinational companies.
Some of the major jobs after MBA in HR are:
- HR Manager
- Senior HR Manager
- Staffing Director
- Compensation Manager
- Technical Recruiter
- Employee Relations Manager
- Director of HR Training and Development
- Employment or Placement Manager
Know All About Masters in Human Resource Management!
Benefits of MBA in HR
Graduating with an MBA degree in Human Resources, you will be equipped with an advanced-level knowledge of how corporate organisations work, employee management, hiring, recruitment, training and the like. Here are the most important benefits of pursuing MBA in HR:
Playing in the Upfront
The employees can work to their best potential only when they are well informed about the company as well as the upcoming trends both within and outside the organisation. An HR has experience in the industry and tries to ensure that all people working in the organisation are able to achieve growth. An MBA in HR allows one to play an active role in the working of an organisation.
Enhanced Communication Skills & Organisational Knowledge
After an MBA degree in HR, an individual is equipped with managerial skills which greatly benefit one when handling company pressure, organising the workplace, creating innovative solutions and developing human-centred employee experience. An HR is somebody who is an extrovert, assimilates with new people, has a keen eye to find talent, is cooperative and at the same time knows how to get the work done. This significantly supports their own personal growth and development.
Greater Job Opportunities
An MBA in HR works as a catalyst in your professional career when companies are looking for enthusiastically cultivated individuals. Where the management board is already equipped to taking major company decisions, the team of human resources works closely with the company employees. A professional degree in HR opens the door to a wide range of job opportunities such as senior HR manager, HR manager, HR director, VP of operations, employee relations director, etc.
Achieve Effective Leadership Standards
Human resource is all about managing staff which requires professionals to be strong leaders driving employees, earning their trust and solving disputes through effective communication. The MBA programme helps one in gaining insight into efficacious management techniques and ace these skills.
HR is known to be a dignified position in an organisation allowing professionals to acquire better pay-scale and catch key positions in international organisations. Other factors which boost their credibility as professionals is their knowledge about their work, understanding the organisation, cordial relationship with the team, drawn experience and proficiency and finally sincerity towards life.
Human Resource Management professionals are a valuable asset to an organisation ensuring future job stability even if the economy fails, which makes it easier to understand why MBA in HR. There are plenty of exciting jobs to choose from once you graduate with an MBA in HR.
Insights into Organisational Psychology
Education helps you build a more creative and developed intellect. Working as an HR allows you to learn immensely about the organisation and its psychology. This is the reason why an HR is appointed to recruit new talents in the organisation. It is considered to be a stepping stone for an organisation to be successful. If you are somebody who is highly motivated and self-focussed individual then an MBA in HR is the right course for you.
Also Read: Discover Top 10 Human Resource Challenges in 2021!
Apart from these, here are some of the top reasons why you should choose MBA in HR:
- You will get to learn about creating and managing a knowledgeable and skilled workforce.
- With an MBA, you will master the art of creating a balance in employer and employee relations.
- You will get to explore lucrative opportunities to take up challenging roles in Human Resource Management and Personnel Management.
MBA in HR Syllabus
Studying an MBA in HR, you will be familiarised with how organisations operate as well as the key process of employee management, recruitment, training, development, organisational 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
Accounting and Finance for Managers
|Second Year||Systems and Strategies of Performance Management
Personal Management Concepts
Business Environment and Ethics
The Methodology of Training and Development
Industrial Relations Management
Organisational Development and Change
Human Resource Development and Planning
Top Universities for MBA in HR
Here are the top universities across the globe which are known for their MBA programs in Human Resource Management:
|Name of University offering MBA in HR||Location||Course Offered|
|EU Business School||Switzerland, Spain||MBA – Human Resources Management|
|East Asia Institute of Management||Singapore||Master of Business Administration with a Specialism in Human Resource Management|
|Edge Hill University||UK||MBA Business Administration (Human Resource Management)|
|Cyprus Institute of Marketing||Cyprus||MBA in Human Resource Management|
|Eastern Michigan University||USA||Master of Business Administration (MBA) with Specialization in Human Resource Management|
|Adelphi University||USA||MBA Management with Specialization in Human Resource Management|
|The University of Newcastle||Australia||Master of Business Administration / Master of Human Resource Management|
|Heriot Watt University||UK||MBA with Specialism in Human Resource Management|
|University of Sunderland||UK||Master of Business Administration (HRM)|
|Pace University||USA||MBA in Talent Management|
|Dublin Business School||Ireland||Master of Business Administration (MBA) Human Resource Management|
|Bedfordshire University||UK||Business Administration (Human Resource Management) MBA|
|Coventry University||UK||International Human Resource Management MBA|
|University of Michigan||USA||Master of Business Administration (HRM)|
|University of Illinois||USA||Human resources and industrial relations (MHRIR) and Business Administration (MBA)|
|Rice University||USA||Master of Business Administration (HRM)|
|University of Minnesota, Twin Cities||USA||HRIR-MBA|
|University of Georgia||USA||Master of Business Administration (HRM)|
|Purdue University||USA||MBA with Specialism in Human Resource Management|
Must Read: Best MBA Colleges in World 2021
Top MBA in HR Colleges in India
The top MBA in HR colleges in India are a good place to start if you want to specialise in human resources. Here is a quick list that you can have a look on.
- Indian Institute of Social Welfare and Business Management
- Indian Institute of Management (IIM) Ranchi
- Tata Institute of Social Sciences, Mumbai
- Xavier Labour Relations Institute (XLRI)
- University Business School (UBS)
- International School of Business and Media
- Management Development Institute
- Xavier Institute of Social Service, Ranchi
- International Management Institute (IMI) Delhi
- Narsee Monjee Institute of Management Studies (NMIMS)
- University of Petroleum and Energy Studies (UPES)
- Symbiosis University
MBA in Human Resouce Management Eligibility:
The following are the criteria to pursue MBA in HR:
- The candidate must have completed their bachelor’s degree (at least 3 years) from a recognised university with a minimum of 50% aggregate
- Many universities would require you to take an entrance test such as GMAT, CAT, and GRE to pursue these courses
- You may be required to submit your English language proficiency test scores like IELTS, TOEFL
MBA in HR Salary
The table below shows the average wage for HR positions according to PayScale:
|Human Resource Role||Average Salary 2021 in USD||Average Salary 2021 in INR|
|Recruiting Coordinator||$48,935||INR 36,66,724|
|Training Coordinator||$50,139||INR 37,56,940|
|Human Resource Generalist Salary||$54,642||INR 40,94,352|
|Talent Acquisition Specialist||$56,590||INR 42,40,317|
|Compensation Analyst||$64,193||INR 48,10,013|
|HR Manager||$67,787||INR 50,79,313|
|Senior Recruiter||$73,687||INR 55,21,403|
|Director of HR||$98,154||INR 73,54,728|
Must Read: Top 10 Human Resource Management Challenges 2021
Why MBA in HR: Top Recruiters
If you are planning to or let us say in a dilemma to pursue MBA in HR, then here is a list of top recruiters to motivate you and boost up your confidence.
- Procter & Gamble
Why MBA in HR? (Final Note)
Aside from a decent salary, there are several benefits to earning an MBA in HR. After earning your MBA in HR, you would be eligible for roles such as HR Generalist, HR Managers, Senior HR Managers, VP of Operations, HR Director, and a plethora of other positions. As a result, you’ll be able to learn about the most recent trends, legislation, and innovations in the industry. Furthermore, you can gain leadership skills and play an important role in the business. If you are thinking about why an MBA in HR should be pursued, then remember that Advances in information technology, combined with predictive analytics in HR processes, boost the HR function’s growth. From 2019 to 2025, the global HR management market will expand at a CAGR of 11%. Another benefit of pursuing an MBA in human resource management is that it will greatly aid in your personal development. You will gain a great deal of knowledge about organisational psychology and the workplace. Finally, you will have the expertise and experience to assist the organisation in talent acquisition.
Must Read: HR Interview Questions You Should Know About
The benefits of having an MBA in human resources are as follows:
You’ll be able to earn more money.
You will increase your chances of landing a job.
You have the potential to advance into positions of leadership.
You’ll be able to learn more.
You’ll be able to keep your job for a long time.
You will be able to acquire a wide range of abilities.
An MBA with a specialisation in human resources is a common choice among corporations, consulting firms, and other businesses. Choosing HR as one of your post-MBA job choices can be a wise decision. They are in charge of acquiring talent and ensuring that the organisation has the best staff possible, including professional and competent employees.
People choose a career in HR for a variety of reasons, including the ability to control a variety of facets of the organisation, assist in employee growth, and play a role in strategic business decisions.
HR would be simpler; even students with a background in the arts can do it. But, if you have an interest in finance, I believe you can easily do it. It is entirely dependent on your willpower. Investment banking, equity, and risk management are only a few of the divisions of finance.
The average salary of a fresher is around INR 1.5 Lakhs to 4 Lakhs. For a person having 2-5 years of experience, it is INR 3.5 Lakhs to 8 Lakhs and for a person having more than 5 years of experience, it is INR 8-25 Lakhs per annum.
If you love working with people and are willing to help individuals reach their career goals, an MBA in HR is the perfect course for you. With a similar approach, the counsellors and mentors at Leverage Edu help you reach your career destination so that nothing can come in the way of making your dreams a reality.