MBA in HR Management 2024- Explained Everything!

MBA in HR Management 2024- Explained Everything!

MBA in HR Management 2024- Explained Everything!,Sep 21, 2024

Online MBA

Sep 21, 2024

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In the corporate world, people are the most important resource, and an organization's ability to manage its employees well is what makes it unique. Human resources (HR) management is the foundation of any business as they are the key component between employer and employees. HR Managers are responsible for hiring, developing, and monitoring the welfare of all employees. Gaining the information and abilities necessary to be successful in this crucial position as an HR leader can be facilitated by earning an MBA in HR Management. 

This blog post encompasses all the valuable insights fulfilling the needs of applicants whether they are working professionals or fresh graduates to pursue an MBA in HR Management, including course eligibility criteria, course duration, course tuition fees, course curriculum, job possibilities, expected salaries, and skills you'll gain.

What is Human Resource Management?

Human resource management (HRM), a broad discipline, is responsible for managing an organization's administrative tasks, including payroll and compensation, hiring and recruiting, engagement and retention, strategy development, and management-employee mediation. Managers of human resources are essential in creating the culture of an organization.

Additionally, they collaborate directly with staff members to help them advance professionally, feel satisfied in their positions, handle conflict at work, and develop their communication abilities. Human resource management (HRM), a broad discipline, is responsible for managing an organization's administrative tasks, including payroll and compensation, hiring and recruiting, engagement and retention, strategy development, and management-employee mediation. Managers of human resources are essential in creating the culture of an organization.

What is an MBA in HR Management?

An MBA in HR Management is a postgraduate program that spans 2 years designed to develop individuals who can handle and manage the HR requirements of an organization. The course entails an array of aspects related to human resource management, such as hiring practices, labor laws, employee relations, compensation management, and organizational behavior. Similarly, Throughout the educational journey, the comprehensive curriculum of the program equip HR professionals with a strong foundation in business principles such as finance, operations, and marketing, allowing them to align human resources with an organization's strategic goals.

An Overview of MBA Program in HR Management

Course Keywords

Details

Course 

Master’s of Business Administration in HR Management ( MBA HR) Program

Course Level

Postgraduate level

Duration

2 years (4 Semesters)

Eligibility Criteria

Undergraduate program with a minimum aggregate of marks of 50% to 60%.

Learning Mode

Online and Regular

Admission Criteria

Merit-Based/Entrance-Based

MBA in HR Entrance Exams

CAT, MAT, XAT, CMAT, SNAP, etc.

Average Tuition Fee

INR 1,20,000* to INR 3,50,000*

Career Prospects

  • HR Manager
  • Talent Acquisition Specialist
  • Compensation and Benefits Manager
  • Training and Development Manager
  • Organizational Development Specialist
  • HR Consultant
  • Employee Relations Manager
  • Diversity and Inclusion Specialist
  • HR Business Partner
  • HR Analyst, and More.

Average MBA in HR Salary 

INR 4 LPA - INR 8 LPA

MBA in HR Top Recruiters

TCS, Wipro, Deloitte, Samsung, Nokia, Reliance, KPMG and so on

Key Components of MBA Program in HR Management

  1. Core Business Subjects: The detailed curriculum of the MBA program in HRM encompasses several core subjects including Finance, Marketing, Strategic  Planning, and more.
  2. Specialized HR Subjects: The curriculum encompasses core subjects like Employee Training, Recruitment, Talent Management, Labor Laws, Compensation, Organizational Development, and more.
  3. Leadership: Candidates sharpen their leadership, decision-making, and communication skills.
  4. Practical Training: Candidates able to apply their theoretical knowledge in real-world situations with Internship, live projects, case studies, and research.

Benefits of Pursuing an MBA Program in HR Management

  • The MBA program is delivered in different modes in India from traditional on-campus classrooms to flexible online classroom allowing students to set their own schedule and complete educational journey from the comfort of their homes.
  • Learners skills themselves with business awareness and other HR skills including talent management, recruitment, and employer-employee relations.
  • To optimize workforce, organizations require skilled HR professionals.
  • HR managers can provide their services in different sectors like Education, Healthcare, IT, Retail, Manufacturing, and more.
  • Higher education in Human Resource (HR) lead candidates to higher salary packages and career advancement.
  • HR Plays vital role in every organization led to consistent demand and job security.

Approvals and Accreditations to the Course

The Master of Business Administration ( MBA) program in Human Resource Management (HRM) is granted approvals and recognitions by several top institutes like AICTE, UGC, and DEB ensuring the validity and authenticity of the program along with the National Assessment and Accreditation Council (NAAC) with high-ranking grades including (A, A+, A++), and the National Institute of Ranking Framework (NIRF) has ranked the university among top universities nationwide.

The Detailed Curriculum of Online MBA in HR Management Program

Semester 1

Semester 2

Principles and Practice of Management

Production/ Operation Management

Management Economics

Financial Management

Organizational Behaviour

Human Resource Management

Business Law

Management Information System

Management Accounting

Marketing Management

Semester 3

Semester 4

Performance Management System

Employee Development and Talent Management

Industrial Relations and Labour Laws

International HR Practices

Organizational Theory Structure and Design

Strategic HR Management

Manpower Planning, Recruitment, and Selection

Business Ethics, Governance and Risk

Organization Culture

Research Methodology

Compensation and Benefits

Industry Project

Other Demanding Online MBA Specializations

 

Eligibility Criteria for Online MBA in HR Management Program

The eligibility criteria for an online MBA program in HR Management are as follows:

  • Completed bachelor degree from a recognized university with a minimum of 50% aggregate marks.
  • Various universities offering MBA programs might ask learners to submit their scores of national level entrance exams like CAT, GMAT, XAT, MAT or any university specific exams.
  • International students should have cleared entrance exams like SAT, IELTS, and TOEFL proving their fluency in the English language.
  • Woking professionals who are seeking admission in the field of Human Resources Management are expected to hold work experience of at least 4 to 5 years.

Is an MBA Program in HR Management Suits you Best?

For individuals who enjoy dealing with individuals, taking on challenging tasks, and making a positive impact on businesses, an MBA in HR Management proves to best career option for such candidates. For people who are enthusiastic about leadership, talent development, and employee welfare, the HR industry offers a rewarding career.

Frequently Asked Queries

A1. An MBA in Human Resource Management opens up an ocean of career opportunities for students, including the following:

  • Human Resources Manager
  • Senior Human Resources Consultant
  • Manager, HR Operations
  • Vice President of Human Resources
  • Director of Employee Experience & Communications
  • Director of Global Engagement and Culture
  • Employee Relations Manager, and more.

A2. Given the importance of HR professionals to the smooth running of any firm, earning an MBA in HR can help you land a job at any esteemed organization. Companies like Microsoft, Intel, TCS, EY, Wipro, KPMG, Adobe, and many more are among the greatest places to work.

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