MBA in Human Resource

Master in business administration is one of the best known post graduate degrees recognized all over the world. An MBA degree holder scores over a non MBA be it in the Government Sector or the Private Sector. All the companies today have MBAs at their top positions of management looking after the businesses. The degree adds to the scope of an individual and opens a lot of opportunities to make choices from. It has grown up as one of the most sought courses in India. If one wants to move up in their career MBA offers the right path for them. It offers specialization in many subjects like Human Resources, Finance, Marketing, Sales etc.

Eligibility and Institutes for the course

One must have a Bachelor’s degree to go for MBA in any stream. One can be a graduate in any stream. The entrance tests comprise of sections in Problem Solving, Data Analysis and interpretations, English Proficiency critical Reasoning and General Awareness. The IIMs (Indian Institute of Management) are the topmost institutions that offer courses in MBA followed by others like Xavier’s Labour Relations Institute in Jamshedpur, Tata Institute of Social Sciences in Mumbai and Human Resource Development in Pune. One can also opt to study abroad taking the test GMAT and TOEFL.

Skills of an HR professional

Leadership skills
Persuasion and negotiation skills
Problem solving abilities
Ability to plan strategically
Excellent communication skills
Skills to motivate a team and work for the organization benefits
Decision taking ability
Ability to maintain and manage a work environment where the employees prosper

Career Options after MBA in HR

An HR professional in a company has many roles like recruiting and hiring new talents for the organization through interviews or tests according to the company’s norms, taking part in policy formation of the company. One can make an idea of the scope of MBA in HR by the fact that each and every organization big or small today has the HR department. It is one of the most important parts of an organization that adds on to the value of the employee pool in the organization. One also has the option of becoming a consultant or counselor to offer assistance to the organization.

Scope of the Course

MBAs in Human Resource have a wide variety of options to work at. As an HR professional they are required to deal with every aspect related to human resources. An individual at an HR in an organization has the responsibilities of hiring new employees and managing their training, handling all kinds of employee issues or conflicts, creating objectives and assigning roles to employees, assessing the employee performances based on performance etc. An HR manager in an organization is responsible to create a healthy environment in the organization to achieve the organization goals through effective employee work. MBA in HR thus opens up a myriad of options to choose from.

JOB Designations and Pay-Off one can get

As already said an HR department is an indispensable part of the organizations now days so an HR professional finds easy access to many options. With a whole lot of responsibilities as an HR professional some of the JOB positions offered to them are- Staffing Manager, Human Resource Manager, Human Resources Coordinator, Compensation Analyst, Recruitment Specialist, Payroll Supervisor, Human Resource Benefits Analyst etc.

A fresh HR professional from the topmost Institutes in the country may earn a handsome package starting from Rs. 6 lakh per annum to 12 lakh per annum or even more. After some good years of experience one can have a salary anywhere between 18 lakh per annum to 35-40 lakh per annum. While the senior most may earn a whopping Rs 50 lakh per annum plus.

Significance of MBAs in HR

An MBA in HR has skills to lead a team towards the achievement of an organization’s goals. An HR guides the employees and manages the working environment by keeping it healthy for the benefits of the organization. An HR is responsible for selecting the best talent and workforce for its company to add to the skillful pool of employee. With effective problem solving abilities an HR professional adds to the value of the organizations. Managing, motivating and guiding a team towards goal achievement are significant roles of an HR professional that help an organization to prosper.