MBA in Human Resource Management

A two-year MBA program in HR or human resource management focuses on hiring the best candidates for the position, managing them, and giving the workforce direction and guidance.

The best HR MBA Based on their performance on competitive MBA entrance tests like the CAT and MAT, colleges admit students. MBA HR Admission varies depending on the modality, such as distance learning or executive.

The MBA HR Salary differs for different types of MBA HR, much like the admissions procedure. A full-time MBA in human resource management typically pays between INR 4,00,000 and 5,00,000.

If you're curious, students who complete the Executive MBA HR program typically earn between INR 5,00,000 and INR 8,00,000 per year in their MBA HR salary. After an MBA in HR, becoming an HR Manager is one of the job profiles with the highest demand.


What does an MBA in Human Resources (HR) involve?

Anybody having a Bachelor's degree in any field is eligible to apply to the 2-year postgraduate Master of Business Administration or MBA in Human Resource Management program.



People with strong communication skills and the capacity to see an organisation's bigger perspective would benefit significantly from an MBA in HR. Currently, both public and private sector enterprises need qualified HR professionals.


When should an HR MBA be pursued?

An MBA in HRM is similar to an investment; like other investments, the timing must be suitable to reap the rewards. The ideal time to complete an MBA varies on the person.

  • An HR MBA should be pursued as soon as possible after graduation if you have no prior job experience. The student must have 3–4 years of work experience to occupy a prominent HR position. This will ensure that their MBA in HR will be profitable.
  • Due to the great demand for an MBA in HR is rather pricey. Students need to be ready to commit that much money upfront. A loss of a semester might result from financial difficulties in the last year.

So, everything relies on the cause. Anytime is an excellent time to get an MBA if the student has a valid purpose. Students must assess what an MBA will bring to their lives. By opening our minds to new ideas, an MBA aids in the development of our personalities.


Why Consider an HR MBA?

  • An MBA will provide you prestige in the industry instead of any other master's degree.
  • Since practically all significant companies need to recruit HR Managers to take care of their staff, the human resource management sector is relatively solid.
  • Gaining an MBA in HR gives you the chance to earn more money. After getting an MBA in human resource management, people often receive raises of about 50%.
  • After earning an MBA in HR, individuals frequently hold leadership positions. They are granted authority over the management of the workforce following organisational demands.
  • Since students can choose from various courses after earning an MBA in HR, there are several opportunities after this degree. These programs include the SAP HR Certification and the Certified Talent Management Practitioner Program.


Who Should Take this Course?

  • Students that are interested in personnel management might pursue an HR MBA.
  • An MBA in HR provides a good salary for those with the necessary MBA abilities. People who wish to manage people might consider enrolling in an MBA program in human resource management.
  • This course is open to motivated, ethical students in their profession who wish to maintain a positive work environment.
  • The chance to pursue an MBA in human resource management is available to students dissatisfied with their current coursework.
  • Any student or working professional can enrol online in a part-time MBA Hr program. Due to this, professionals or students with limited time and resources can now enrol in the course.
  • Since age is not a factor in admissions to MBA in HR programs, professionals with extensive work experience have the chance to advance.


Course structure for the MBA in HR

Several topics or critical areas are essential to comprehend a broad discipline like human resource management.



You will learn a variety of disciplines and skills while pursuing an MBA in HR, all of which are necessary to understand how to manage human resources effectively in a business. The main topics in an MBA in human resource management are listed below.

  • Leadership and HR Management: This topic covers the strategic element of HRM and how a company handles administration, management, and staffing choices.
  • Recruitment and Compensation: This field includes the steps involved in selecting the best people, paying them appropriately, and creating attractive compensation and benefits packages.


HR MBA program

There are several formats for MBA in Human Resources programs. Each form of delivery for an MBA in HR is designed with a specific group of students.

 

Types of MBAAverage Fees (INR)
Executive MBA in HR15,00,000 – 27,00,000
Distance MBA in HR40,000 – 70,000
Online MBA in HR40,000 – 50,000
Full Time MBA in HR3,00,000 – 10,00,000
1 Year MBA in HRINR 7,00,000 – 24,00,000


MBA in HR: eligibility

Universities may have different requirements for an MBA in HR. However, the minimum prerequisites for applicants to be taken into consideration for this program are as follows:

  • A 3 or 4-year undergraduate degree, or its equivalent, in any field from a university or other organisation that has been certified or approved.
  • Some institutions need two or three years of relevant job experience.
  • Two letters of academic or professional recommendation.
  • IELTS, PTE, TOEFL, and Cambridge English


Application Process for an MBA in Human Resources

Human Resources MBA Merit and the results of numerous entrance exams, including the CAT, MAT, SNAP, CMAT, and others, are considered when granting admission. After the entrance exams, the student must participate in a Group Discussion and Personal Interview Round to weed out the applicants further.

  • Apply for an Entrance Exam: The student might research HR universities' MBA programs to see whether entrance exams are required. Taking the CAT would help since the scores are recognised nationwide.
  • Attend the Entrance Exam: The applicant must prepare for and appear for the MBA entrance exam. There are multiple-choice questions on the entrance exams.


Duration of the HR MBA

The average length of an MBA in an HR program is two years; however, distance learning courses can be completed in as little as two and a half years and as long as four years. The curriculum for an Executive MBA program in human resource management ranges from 1 to 2 years.


Specialisations in the HR MBA

You may study several specialities when obtaining a degree, like an MBA in HR. Here are a few of the critical things this master's program offers:

  • Labour Relations
  • Compensation and Benefits
  • Retention
  • Recruitment and Selection
  • Training and Development
  • Motivation
  • Labour Legislation
  • Labour Welfare and Social Security


Best International Schools for HR MBA

There are several institutions and universities offering master's degree programs in human resource management all around the world.



Additionally, you have a variety of alternatives for an MBA program, including online or distance learning classes, full- or part-time MBA programs:

  • Stanford University
  • Northern Western University
  • University of Chicago
  • University of California Berkeley
  • Vanderbilt University
  • University of Southern California
  • Michigan State University
  • Purdue University


Best Universities in India for HR MBA

The art of employee-organization relations focuses on the MBA in HR concentration. Before choosing a recognised MBA program at an HR college, there are several factors to consider, such as the course content, degree recognition, program cost, etc.

The top MBA HR colleges in India that have a reputation for producing the best professionals in the industry are listed below:

  • XLRI Xavier School of Management, Jamshedpur
  • MDI Gurgaon – Management Development Institute, Gurgaon
  • Indian Institute of Management, Ranchi
  • Xavier Institute of Social Service, Ranchi
  • NMIMS School of Business Management, Mumbai
  • TISS, Deonar, Mumbai
  • IISWBM – Indian Institute of Social Welfare and Business Management College Square, Kolkata
  • ISB&M – International School of Business and Media, Pune


HR MBA Coursework

Human resource degrees are typically broken up into semesters or terms. While some universities operate on a trimester system, others work on a bi-semester or term basis.

Like all other MBA programs, the MBA in HR program's first year focuses on developing fundamental skills in business administration and contains core MBA in HR courses.

 

MBA in HR Subjects List 1st Year
Quantitative Techniques for ManagementPrinciples of Management and Organisational Behaviour
Marketing ManagementResearch Methods for Management
Managerial EconomicsCorporate Communication
Human Resource ManagementOperations Management
Accounting and Finance for Managers-
MBA in HR Subjects List 2nd Year
Personal Management ConceptsPerformance Management: Systems and strategies
Compensation ManagementStrategic Management
Methodology of Training and DevelopmentBusiness Environment and Ethics
Industrial Relations ManagementOrganisational Development and Change
Human Resource Development and Planning-


Future Prospects for HR MBAs

Like every employment, the MBA in HR for Freshers has unique difficulties. Things become better with time and repetition. First-year students with an MBA in HR are most likely to get employment in a consultancy, where their only duty will be to gather client needs, go through job boards, identify applications, and place them.

Then you might have to compete with one another for billing. The MBA in HR Salary for freshers is not exceptionally high, besides being boring. It is equally valid, though, that practice makes perfect.

Over time, your chances of landing a professional HR position that includes several other HR-related fields rise. While they wait for the opportunity to manage all facets of human resources at a large organisation, first-year students must be patient.


Required Skills

 

Communication SkillBoth effective communication and persuasiveness abilities are required
Planning SkillThe capacity to create a strategy and implement it as intended
Supervising SkillMust be able to lead and oversee less experienced employees.
Decision Making Skillsthe capacity to make an instant decision and find a solution in a challenging situation
Leadership Skillthe capacity to guide and mentor others working in his field


Human Resource Management Career Opportunities

After earning your HR MBA in various sectors and companies, you will have a wide range of job options. The following are the top job opportunities in human resource management:


 

  • Staffing Director
  • Employment or Placement Manager
  • Organizational Development and Change Consultant
  • Technical Recruiter
  • Director of HR Training and Development
  • Compensation Manager
  • Employee Relations Manager
  • HR Generalist


Best Places to Work for HR Professionals

Since it continually engages with all workers and guides their work and judgement, human resource management is the cornerstone of nearly all corporate organisations.

To get chosen by the top organisations, you must first obtain an MBA in Human Resources from the leading HR institutions/B-schools. The top companies using MBAs in HR are shown below:

 

RelianceBCG
AmazonInfosys
WiproDeloitte
J P MorganMakemytrip
L'OrealLarsen & Toubro
Morgan StanleyPepsico
Deutsche BankApple
CognizantAditya Birla Group
KPMGICICI Bank


Salary after an MBA in human resources

A human resource sector employee typically makes between Rs. 4.4 and Rs. 5.2 lakh annually. Work experience in this industry has a significant role in deciding an individual's salary. Based on experience, the payment is divided as follows (please note that this information is from Payscale.com):

 

RoleExperienceAverage Total Compensation
HR Manager0-1 YearRs 3.67 L per annum
HR Manager1-4 YearsRs 4.66 L per annum
HR Manager5-9 YearsRs 7.29 L per annum
HR Manager10-19 YearsRs 10.32 L per annum


According to the Princeton Review, recent graduates in HR management may expect a starting salary of at least $50,000–$70,000 depending on their kind of certification, area of study, job experience, and location of speciality. The table below displays the PayScale average compensation for the HR roles:

 

Human Resource RoleAverage Salary 2021
HR Manager$67,787
Human Resource Generalist Salary$54,642
Talent Acquisition Specialist$56,590
Compensation Analyst$64,193
Director of HR$98,154
Senior Recruiter$73,687
Training Coordinator$50,139
Recruiting Coordinator$48,935


Academic Pathways following an HRM MBA

Graduates of the MBA program can enrol in PhD programs to further their education in business management and human resource administration. All important Management Institutes offer PhD degrees and scholarships with monthly salaries ranging from 18,000 to 30,000 INR.

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