MBA in HR (Human Resource) program combine the essentials of generic MBA programs with specialized human resource management training such as mediation, planning, recruitment and labor relations. Typical HR managers come from both human resource and business backgrounds. Graduates of Human Resource Management programs will be able to integrate HR strategies into companies overall plan. All of this means that MBA in HR programs just make good business sense.
What is the benefit of doing MBA in HR - Human Resource?
MBA in HR Management allows students to develop a general set of management skills in the first year after which they learn about human resource practices and methods in the second year. MBA-HR focuses on all the skills that are required to be an effective organizational manager. These programs teach human resource development, the legal aspects of management as well as strategic human resource management. Students become familiar with the social, cultural, and economic factors that influence employee relations. It also teaches the students how to assess and improve essential components of company operations, including compensation, benefits, salary negotiations and safety standards.
Eligibility for MBA in Human Resource(s)/Management (HR):
Students need to have completed his/her graduation in order to pursue a MBA - HRM.
There are no specific entrance tests for MBA in HR. Applicants will have to qualify in the general national/state/college specific MBA entrance test to be eligible. MBA entrance tests include testing of proficiency in English, problem solving, data analysis and interpretations, critical reasoning and general awareness of socio-economic environment.
The main task of HR managers is the efficient use and development of available skills and talent of the employees within the organization. Thus Unlike general conception, they are highly required in Public as well as Private sector organizations. HR managers can therefore seek employment in Public and Private sector industries, Banking and Financial institutions, Multinational corporate houses and companies. They can also can aspire to be employed in services sector as Personnel manager, Particularly in IT companies which deal with huge number of employees. Smaller companies may hire the services of Human Resources consultants on both - a permanent or a need basis.
Institutes that offer MBA-HR:
Several institutes in India offer MBA in HR/HRM/Labour Relations. The seven Indian Institutes of Management (Ahmedabad, Bangalore, Kolkata, Lucknow, Indore, Kozhikode and Shillong) are among the Top Business Schools that MBA (HR or LR) course in India.
As a general MBA graduate, HR Managers get Rs 20000 to Rs 30000 starting salary per month particularly in private sector. In the public sector, the pay scale maybe lower in comparison. The pay scale generally is decided based on the applicant's qualifications, abilities and experience. At a senior level, MBA-HR graduates with considerable experience and skills, may draw salaries of over Rs.35000 to Rs 60000 per month. Entrepreneurs who establish themselves as HR Consultants also gain handsome returns.