Scope of MBA in HR Management

An MBA is a very “high demand” graduate degree at present (especially among the youth) that focuses on the study of Business Management and Administration. This program typically covers various aspects of business, such as finance, marketing, operations, strategy and leadership, etc. It aims to equip students with the knowledge, skills, and analytical abilities required to excel in the business world.

An MBA degree program typically offers specialized courses. As the name suggests, an MBA program in HR Management helps students acquire knowledge and skills in the field of Human Resources. An MBA in HR / MBA in Human Resource Management can provide individuals with the necessary expertise and qualifications to pursue successful careers in the field of Human Resources. 

MBA in HR Management - Scope 

While pursuing a degree in MBA an individual might ponder if specializing in Human Resources would be beneficial for them or not. A perfect answer to this would be the fact that pursuing an MBA in HR will open a lot of opportunities for well-paid jobs in some of the top companies globally.

There are several key factors that contribute to reasons why a person may choose to pursue a career in MBA in Human Resources Management.

• People-Centric Role: Being an HR professional provides an opportunity to positively impact employees' lives. It is suitable for those people who love to work and help others thus creating a positive environment. These professionals are responsible for managing and developing the most important asset of any organization - its people!

• Diverse Responsibilities: An MBA graduate in HR will be given roles that encompass a wide range of responsibilities such as – recruitment, training and development, employee relations, performance management, etc. This variety offers a dynamic and challenging work environment for HR professionals 

• Strategic Value: HR is considered to play a “crucial strategic role” in organizations. An MBA in HR is involved in aligning policies and practices with overall business objectives, driving employee engagement and productivity, and contributing to organizational success 

• Career Growth Opportunities: HR just like other MBA specializations offers diverse career opportunities. With experience and expertise, an MBA graduate can progress to roles such as – HR Generalist, HR Manager, HR Director, Staffing Director, Compensation Manager, Training and Development Manager, and more.

• Constant Learning and Development: The field of HR is continually evolving, with new trends, technologies, and best practices emerging. This sector hence provides ample opportunities for ongoing learning and professional development, for HR professionals to be engaged and stay up-to-date with the latest trends and technologies.

• Competitive Compensation: An HR professional is considered to be a valuable resource for their expertise, and the demand for skilled HR professionals is often high. This can lead to competitive compensation packages and attractive benefits for an MBA graduate with this specialization.

• Global Opportunities: MBA in HR Management is definitely an essential field in any organization, regardless of its industry or location. It provides a lot of opportunities for professionals to explore and learn about different cultures and workforces from all over the world. With the increasing globalization of business, international assignments are becoming more and more common, making HR a great career choice for those who are interested in working in a dynamic and multicultural environment.

MBA in HR Management - Eligibility Criteria

Generally taking admission in MBA requires the candidates to qualify in entrance exams that are mostly accepted by the Universities or B-schools in India. Candidates are also required to have a Bachelor’s Degree from any stream with a minimum aggregate of 50%. In a few cases, there are a lot of institutions that allow 5% relaxation for the reserved category candidates.

The final selection process is often followed by a Group Discussion (GD) and a Personal Interview (PI) round that is conducted by the institutions at the time of admission respectively. However, one has to keep in mind that the eligibility criteria will vary among different Universities or B-schools in India as per their protocols.

Following is a list of some of the entrance exams that are commonly accepted by institutions all across India.

1. CAT
2. XAT
3. GMAT
4. CMAT
5. SNAP
6. NMAT

MBA in HR Management: Syllabus & Concepts Acquired in MBA in HR 

The syllabus for an MBA in HR is diverse and covers various subjects. Some of these subjects that are taught in the curriculum are listed below.

These subjects provide MBA graduates with a comprehensive understanding of the principles and practices of HR management, thus preparing them for a career in this field. 

Following is the list of the concepts mentioned briefly that are mainly taught to an MBA graduate in HR.

• Principles of Management: This subject focuses on the fundamental principles and theories of management, providing students with a solid foundation in organizational behavior, decision-making, leadership, and strategic management.

• Human Resource Management: This course delves into the core principles and practices of HR management, including recruitment and selection, training and development, performance management, compensation and benefits, employee relations, and labor laws.

• Organizational Behavior: This subject explores the behavior of individuals and groups within organizations, emphasizing topics such as motivation, communication, teamwork, conflict resolution, and organizational culture.

• Talent Acquisition and Management: Students learn about the strategies and techniques involved in attracting, selecting, and retaining top talent for organizations. This includes areas such as job analysis, recruitment methods, interviewing skills, and talent development.

• Training and Development: This course focuses on the design, implementation, and evaluation of training programs to enhance employee skills and competencies. Topics covered include training needs analysis, learning theories, training methods, and measuring training effectiveness.

• Performance Management: Students gain an understanding of performance appraisal systems, goal-setting processes, feedback mechanisms, and performance improvement strategies. They learn how to align individual and organizational goals to drive performance.

• Employee Relations and Labor Laws: This subject covers the legal and regulatory framework governing employer-employee relationships, including labor laws, industrial relations, grievance handling, disciplinary actions, and dispute resolution.

• Strategic Human Resource Management: Students explore the role of HR in formulating and implementing organizational strategies. They learn how to align HR practices with business objectives, manage change, and create a competitive advantage through effective human capital management.

• Compensation and Benefits: This course focuses on designing and managing compensation structures, including salary administration, incentive schemes, employee benefits, and reward systems. It also covers legal aspects such as pay equity and statutory compliance.

• HR Analytics: With the increasing importance of data-driven decision-making, this subject introduces students to the concepts of HR analytics and the use of technology to analyze HR data for strategic insights and decision support.

However, the syllabus and concepts might be different depending on the institutions but usually; these are the topics/syllabi that are commonly taught in the majority.

 MBA in HR Management: List of Top 10 B – Schools 

An MBA program is offered by several universities and business schools across India and abroad with a specialization in HR. It is often pursued by individuals who are willing to advance their careers in the field of business/ family business, or entrepreneurship.

Following is the list of the top 10 Business schools in India that also offers its courses with 2 years of full-time course along with Part-time and Distance/online course.

List of top 10 B-Schools:

1. XLRI – Xavier School of Management, Jamshedpur.
2. Management Development Institute, Gurugaon
3. Indian Institute of Management (IIM), Lucknow.
4. University Business School (UBS), Chandigarh.
5. Symbiosis Institute of Business Management (SIBM), Pune.
6. Indian Institute of Management (IIM), Ranchi.
7. Indian Institute of Management (IIM), Shillong.
8. TATA Institute of Social Science (TISS), Mumbai.
9. ICFAI Business School(IBS), Hyderabad
10. NMIMS, Mumbai.

MBA in HR Management: Careers & Job Roles 

With the growing demand for pursuing an MBA degree among the working youth at present, it is no surprise that there is an increase in pursuing an MBA in HR among individuals for a better career ahead. An MBA in HR opens up a wide range of career opportunities and job roles in the field of human resources.

Several MNCs and other international companies are on the verge of hiring MBA graduates who specialize in HR. The main reason for this high demand among both employers and employees is the fact that the job role of an HR is considered to be the “backbone” for any organization across the globe.

Given below is the list of some of the job roles that are suitable for graduates pursuing an MBA in HR management.

1. Human Resource Manager:

As an HR Manager, an individual is responsible for overseeing all aspects of the HR department, including recruitment, employee relations, training, and development, compensation and benefits, and policy implementation.

2. Talent Acquisition Specialist:

In this role, an MBA graduate in HR is responsible for attracting and recruiting top talent for the organization. This includes sourcing candidates, conducting interviews, and managing the entire recruitment process.

3. Training and Development Manager:

As a Training and Development Manager, the individual is responsible for identifying training needs, designing and implementing training programs, and evaluating their effectiveness to enhance the skills and knowledge of employees.

4. Compensation and Benefits Manager:

An HR under this category is responsible for designing and implementing compensation and benefits programs to attract and retain employees. They ensure that the organization's compensation policies are competitive and aligned with industry standards.

5. Employee Relations Manager:

As an Employee Relations Manager, an HR is responsible for maintaining a positive and productive work environment by managing employee grievances, mediating conflicts, and fostering effective communication between management and employees.

6. HR Consultant:

As an HR Consultant, an HR professional works with different organizations on a contract basis, and provides expert advice and guidance on various HR issues, such as talent management, performance management, and organizational development.

7. HR Business Partner:

In this role, an HR professional collaborates with business leaders to align HR strategies with organizational goals. They are required to act as a strategic partner, providing HR expertise and support to drive business success.

MBA in HR Management: Salary & Placements

It is very well known that there is an increase in demand for MBA graduates, likewise, there is a huge demand for graduates pursuing an MBA in HR as well. There are several top recruiters who are recruiting graduates from the institutions through placement drives as well as from other sources such as various job portals.

There are various industries such as healthcare, finance, IT, manufacturing, and retail have a great demand for MBA graduates in HR. Some of the top recruiters for MBA in HR graduates include:

The salary range for an HR Manager or other HR professionals in India can vary significantly. The scale can range from as high as INR 20.93 LPA and as low as INR 3.21 LPA. However, it is important to note that salaries can also vary based on factors such as job responsibilities, company size, and the industry in which an MBA graduate in HR is getting recruited.

MBA in HR Management - Conclusion 

In summary, individuals can benefit greatly from pursuing an MBA in HR. This degree program provides a comprehensive understanding of the field and practical skills necessary to succeed in a variety of HR roles. Moreover, there is a high demand for HR professionals, opening up various career opportunities.

MBA in HR Management - FAQs: 

Q1. Is an MBA in HR a good choice for pursuing a better career? 

Ans.  Yes. An MBA in HR can provide individuals with the necessary expertise and qualifications to pursue successful careers in the field of Human Resources.

 Q2. Can anyone pursue an MBA program with a specialization in HR?  

Ans.  Candidates are required to have a Bachelor’s Degree from any stream with a minimum aggregate of 50% with a valid score in entrance exams. Further selection is done on the basis of Group Discussion and Personal Interview rounds.

 Q3. What are the entrance exams that are mostly accepted by the top B – Schools in India for admission to an MBA HR program? 

Ans.  The entrance exams that are accepted by the institutions are – CAT, XAT, CMAT, NMAT, GMAT, and SNAP.

Q4. What are the subjects that are mainly taught to an MBA Graduate specializing in HR? 

Ans.  Subjects that are taught in MBA in HR specialization are – Principles of Management, Human Resource Management, HR Analytics, etc.

Q5. What are the salary packages offered to an MBA Graduate with a specialization in HR? 

Ans.  The scale can range from as high as INR 20.93 LPA and as low as INR 3.21 LPA depending on factors such as – job responsibilities, company size, and industry.