MBA in HR Courses

An MBA in HR Management is a professional degree designed for students and professionals from every field. It helps prepare individuals for advancement in business and upper-level managerial positions. Pursuing an MBA in HR Management gives you a better shot at grabbing potentially lucrative career opportunities that come your way once you graduate. It is aimed to provide students with in-depth structural and foundational knowledge and training in business administration.

An MBA in HRM or Human Resource Management is a combination of fundamental business theory as well as practical knowledge. With its strong emphasis on operating an ethical business, this degree course focuses on the choicest practices relevant to job analysis, recruitment, training, and development. As a student of MBA in HRM, you will be required to inspect human behaviour in companies with countless programs offering a psychology course on the side. An MBA in Human Resources will usually include courses like organisational theory and practice, information systems management, employment laws and HR management and theory, training and development, recruitment and placement, insurance and compensation, and benefits.

Human Resource Management is an incomparable part of any organisation and is primarily responsible for building an expertly trained and skilled workforce. Graduating with an MBA in HR is bound to make you invaluable to any organisation, and many opportunities will open up for you. 

Compared with a Master's degree, an MBA degree will give you a good reputation and job security in the industry because talent acquisition is a constant need in the job market. Nearly every large firm requires HR Managers to take care of their employees' needs and solve their problems. It also guarantees graduates from any stream a better pay scale that can hike up to almost 50% more than an average salary after successful completion of an MBA in Human Resource Management. The other main reasons why an MBA in HR is an ideal course for career advancement are listed below:-

• Enhances one’s career: An MBA in HR acts like a career catalyst because it is not dependent on one’s choice of subject in graduation. Most organisations require HR professionals and hire them with the promise of a good pay package, great incentives and quick promotions. 

• Reach goals faster: An MBA in HR helps students and professionals reach their career goals faster by making them eligible to climb the job ladder and apply for positions like HR Generalist, Junior, and Senior HR Manager, HR Director, Vice President of operations and the like. 

Before applying to any course, students should first look into the eligibility criteria. This is also applicable to students applying for an MBA in Human Resource Management. Most colleges and b-schools offering an MBA in HR abide by the same criteria for eligibility, and they are listed below:-

• A Bachelor’s degree in any discipline: Students applying for an MBA in Human Resource Management are required to be a graduate with a Bachelor’s degree and have an aggregate percentage of 50% or a similar CGPA score from a recognised College or University.

• Minority relaxation: A 5% relaxation is offered to students from minority or SC/ ST/ PWD backgrounds. 

• Final year applicants: Final year applicants applying for an MBA in HR will have different admission criteria depending on their final results

The most suitable candidates who have submitted their applications for this course are selected by most colleges and B-schools offering it. Candidates not qualifying for the mandatory eligibility criteria are considered unsuitable and, thus, not considered for the course. Therefore, before choosing to pursue an MBA in HR, you will need to do a thorough study about what this course provides, what is the scope, the eligibility criteria, and if it is suited to your needs, so you do not suffer being eliminated in the selection process in your institute of choice. 

Selection can be a tedious process. The application process can get time-consuming, considering the number of applicants applying for this course. The entire exercise might be agonising, especially if the wait after the application is long. However, if you are required to sit for an exam or an interview, keep a close eye on the results in your email or message inbox. 

Most colleges follow a simple, systematic, and foolproof application and selection procedure for selection that leaves no room for doubts and confusion regarding the choice of the candidate who is selected. Most candidates are selected based on their entrance exam, and once they are shortlisted, colleges organise Group Discussion Rounds and interview for the final shortlisting.

The admission process for an MBA in HR is based on entrance exams (CAT, MAT, SNAP, CMAT) or merit. Once the candidate qualifies for the entrance exams and gets shortlisted in the list of accepted applications in a college, the student will have to participate in a Group Discussion followed by a Personal Interview which is the final step in the screening process for the student. Some tips and advice regarding the exam pattern and preparation for an MBA in HR Management course are listed below:-

• The exam pattern comprises multiple sections such as verbal, reading comprehension, logical reasoning, data interpretation as well as quantitative ability.

• Exams can be held either online or offline. Ensure which one it is way beforehand to avoid confusion. 

• Entrance tests usually have a duration of 120 to 180 minutes.

• The mode of exam, syllabus, and question pattern can differ from university to university.

The cost of a professional course in an MBA in HR Management can vary depending on the institute or even the location. A standard MBA in HR course usually costs 2.4 lakhs and might reach up to 8 to 15 lakhs depending on the B-schools.

With the rising demand for MBA degrees, The course fees required for studying abroad for MBA in HRM courses are higher if you compare them with the course fee of a program in India as they can go up to even 80 lakh INR.

The duration of an MBA in HR course, whether online or offline, usually spans 2 to 4 years. It is divided into four different semesters and is designed to teach communication and management skills required in both professional and private life. Executive MBA in HR courses usually span one year and are suited to the needs of working professionals looking to get a promotion or get a job with a better pay grade while still employed. These courses are much more flexible and easy to pursue. 

There has been an influx in the demand rate for MBA in numerous specialisations amongst students and working professionals due to the number of doors it opens to enhance one’s career. Therefore, flexible MBA programs have been introduced to accommodate people who do not want to quit their current jobs but still want to work towards earning their degree. 

Most of these flexible courses are online and offered by premium institutions. This helps students earn both degrees and experience at the same time. This option helps in breaking geographical barriers when it comes to education. Students from all over the world desiring this course from any institution, regardless of the geographical distance, can apply for it and attend classes right in the comfort of their homes. 

In addition to comfort and convenience, flexible MBA HR courses usually offer part-time enrollment plans allowing students to opt for one to two courses every term.

In order to secure admission into an MBA course in HRM, you will first need to crack the entrance exam. The eligibility criterion might differ from college to college, but every MBA aspirant needs to prepare and sit for entrance exams such as CAT, CMAT, XAT,  MAT, and GMAC’s NMAT.

The fundamental steps you must know before admission are listed below:-

• Apply and sit for an entrance test.

• Keep checking if your name has been shortlisted.

• If you have been shortlisted, you will need to sit for a group discussion session, a written aptitude test and a personal interview to evaluate the candidate’s oral and verbal skills in communication.

Choosing a career for oneself can be a gruelling process, especially if you don’t have a clear-cut idea about what it is that you exactly want to do in life. Even if you have graduated with a degree from a particular stream, the career prospects of your choice of subjects might not seem appealing in the end. This is one of the reasons why MBA is rising in popularity as a Master’s course amongst students who want to lead a different way of life when it comes to their career. With MBA in HR management being a non-discriminatory course allowing students from various streams to apply, it can be easily said that it has become one of the most pursued MBA courses. However, many students might still be unsure if they should pursue it or not. This is where Admission Counselling comes in. 

Admission counsellors will help you in your decision in the following ways:-

• Profile evaluation: Admission counsellors will first thoroughly evaluate your profile, banking on numerous parameters like academic abilities, extra-curricular, and job experience to help you create a bonafide profile. They can address many issues like retaking the GMAT exams, advising students about online courses, and even helping them connect with alumni.

• Choosing the program: Opting for the right program can be quite a chore, but consulting an admission counsellor will help you out. With their expert advice based on your profile and aims, you can pinpoint the most feasible option for you.

• Applications: Most admission counsellors provide face-to-face brainstorming sessions to help develop excellent applications. They also thoroughly coach you in ways to fine-tune your ideas and approach questions with ease. 

• Interview preparations: The last and vital part of the application process for an MBA in HRM is the interview conducted to assess their skills in communication, maturity, and why they want to pursue an MBA. Admission counsellors will give you the guidance and practice you need to prepare for these interviews. 

• Scholarship advice: Numerous scholarship options are available for MBA students. Admission counsellors will help you by listing every possible scholarship you can apply for based on your background and marks. Once identified, they will also aid you in the application process.

An MBA in HR is one of the best options to go for if you want to rise the corporate ladder and become a potential success story in the human resource sector in the job market. However, it is vital to have prior knowledge about this course before enrolling yourself in it to avoid wastage of money and dissatisfaction. To find more information about a general MBA course or one particular thing you are looking for, it is available online for you to check out at your convenience. 

However, if you fail to find what you are looking for, you can always go to the official web page of the colleges and B-schools of your choice offering you this course. They will either offer you a detailed downloadable brochure or all the information you need on their site.

In order to apply for an MBA course in Human Resource Management, you will need to check the eligibility criteria and determine if you are eligible for the course or not. Most institutions and B-schools have the same standards, but they may be subject to change. The most common mandates for eligibility are listed below:-

• Eligibility criteria for an MBA in HR Management are similar to any general MBA specialisation. You will need to have a graduation degree in any stream from a university that is recognised worldwide. 

• You need to clear any relevant MBA entrance exam. They include CAT, MAT, CMAT, XAT and the like

An MBA course is designed to prepare students and even working adults to advance in the business and management field to reach upper-level managerial positions. An MBA qualification after graduation can give your resume the boost it needs to enhance your career opportunities by giving you adequate knowledge about the fundaments of business administration. There are several high-paying job sectors for which an HR graduate can apply. Some of them are as follows:-

• Government sector: SBI, Bharat Electronics Limited, Indian Institute of Corporate Affairs, Ministry of Human Resource Development (MHRD).

• Companies: HDFC Bank, ICICI Bank, TCS, Wipro, Randstad India, Reliance.

• Multinational Companies: Deloitte, Amazon, Cognizant, Hudson Global Inc, Accenture, Capgemini.

As for the job profiles available to graduates of this course, they are listed below:-

• Human Resource Manager

• Staffing Director

• Human Resource Generalist

• Technical Recruiter

• Compensation Manager

• Employment Manager

• HR Training and Development Director

• Employee Relations Manager

• Human Resource Consultant

• International HR Professionals

• Employee Education Consultant

• Human Resource Specialist IT

• Human Resource Entrepreneur

• Human Resource Executive

Being one of the most sought-after post-graduate courses both nationally and globally, most b-schools and colleges have integrated an online learning system for aspiring students of this course. This has helped working professionals and even students from all around the world pursue an MBA in HR Management from any corner of the world in the comforts of their home.

The best advantages of pursuing MBA HR online courses are listed below:-

• Time convenience:  In the rat race of employment and jobs, working professionals barely have the time to attend a full-time course. However, the desire to achieve a degree hasn’t diminished. MBA HR online courses are designed for these professionals who are running short of time while working a job simultaneously. 

• More family time: MBA HR online courses will give you the luxury of attending classes and attaining a degree without compromising on family time and needs. With an Online degree, you have the convenience of sitting for online classes from any part of the world. Even if you miss a scheduled class, live recordings of these online classes are available for you to consult in your free time. All you need is a working internet connection and a computer system or a smartphone.

• Study from home: This is one of the most significant advantages as well as motivational factors for applying to MBA HR online courses because nothing can be better than studying from the comforts of your home. 

• Budget-friendly: In comparison, MBA HR online courses are more affordable than offline MBA programs. Therefore, students on a budget looking to advance their career to the next level can opt for an Online MBA.

An MBA in Human Resource Management is usually segregated into terms or semesters. Some colleges have a term, a  bi -semester, or a trimester system. Generally, the first year of every MBA course teaches students about developing the fundamental skills relevant to business administration. In the second year, students get to choose their specialisation, which leads them to select their electives consecutively. Industry or Summer training is a mandate after completing the first year, which usually spans 4-6 weeks. A few of the topics are listed in the table below:

Electives:-

Elective courses available for MBA in HRM graduates and topics covered are:-

Information technology coupled with predictive analytics in Human Resources has considerably advanced, leading to the enhancement of HR functions in organisations. The global size of the Human Resource market is predicted to develop from 2019 to 2025 at a CAGR of 11%. As per the 2019 Survey of Company Recruiters, 18% of corporate giants are planning to hire fresh graduates from business colleges specialising in Human Resource Management.

This has considerably increased the scope of an MBA in Human Resource Management, making it a career choice in great demand. The Human Resource division is an intrinsic part of a company; therefore, the demand for HR experts and professionals in every area is constantly growing. This is because completing an MBA in HR course guarantees job placements with high salaries in revered and reputed organisations and a quick way to the top of the corporate ladder. 

HR managers take over imperative responsibilities in the management of the organisational culture of the company. Therefore, job opportunities with a high salary like that of HR managers are often open or can be achieved after getting a degree in this course, adding to the growing demand.

There is a vast scope for students who have freshly graduated with an MBA degree specialising in Human Resource Management. Whether in the corporate, business, government, or banking sectors, an MBA in HR is a perfectly suitable option. If you are an aspirant or a post-graduate with an MBA in Human Resource Management, you can consider looking for jobs in departments associated with accounts or administration. Some more reasons why you should strive for an MBA in Human Resource Management are as follows:-

Develop leadership skills: An MBA in Human Resource Management is bound to give you the strong leadership skills that you need in both your professional and personal life. With these skills, you will learn how to motivate a company’s workforce and create an environment based on trust at work. Along with leadership skills, you will also develop great communication skills to encourage employees to ensure the best performance from them.

Improve managerial skills: As the name, MBA or a Management in Business Administration suggests, this degree with a specialisation in Human Resource Management will give you the guidance and training to develop good management skills. With these skills, you can take control as an effective HR manager and your personal life due to the interpersonal and communicative skills you learn along the way. Aside from learning how to handle and assign tasks and monitor projects, you will automatically know how to work with ease in a stressful environment.

MBA in HR graduates usually receive a pay package of nearly 2-5 Lakh INR per annum. However, experienced individuals in this field can get a salary of around 12 Lakhs INR per annum or even more. For instance, an HR specialist with more than five years of job experience is often offered salaries ranging from 10 to 24 Lakhs per annum. Some of the job profiles you can apply for after completing a degree course in MBA in HR with their salary amounts are listed in the table below:-

The average entry-level pay package for an MBA in HRM graduate can vary depending on numerous factors. Some factors may be the institute you graduated from, the job position, and the employment sector you are applying to. Sometimes, the average salary might also depend on the job profile. Another factor that greatly affects the salary offered to MBA in HRM graduates is the employer. The average annual pay package for HR specialists usually varies across companies and sectors and is subject to change as per the experience in the particular field. 

Another common notion is that women are apparently better as HR Specialists because of their significantly better EQ (Emotional Quotient) than men. The female to male ratio in MBA in HRM courses is also more than any other MBA specialisation, with 273 females against 100 males. Many organisations even prefer recruiting female HR professionals when it comes to employment. In India, the number of female HR professionals has even increased from 33% in 2006 to 47% in 2011.

MBA In HR Specialist Starting Salary In India

Like the process of admission when it comes to studying for an MBA in HR, the salary of an HR specialist also varies for different roles acquired after graduating with an MBA in HR.