MBA in Human Resource Management: A Detailed Guide

A Master of Business Administration has always been a calculated investment that holds the potential to transform aspirations into achievements. An MBA program is not merely a collection of courses; it's an immersive experience that moulds individuals into visionary leaders, adept problem-solvers, and strategic thinkers. The MBA in Human Resource Management or MBA in HR stands out among its wide range of specialisations as a guiding light for individuals looking to negotiate the challenging landscape of people management, organisational dynamics, and workforce optimisation.

In this blog, we delve into the realm of "MBA in Human Resource Management," where the worlds of business and people converge.

What is Human Resource Management?

Human Resource Management or HRM or people management is a strategic approach to managing an organisation's most valuable asset: its people. 

It encompasses a wide range of activities and practices that revolve around recruiting, selecting, training, developing, compensating, and retaining employees to achieve organisational goals effectively.

In simpler terms, HRM focuses on creating a positive and productive work environment where employees are motivated, engaged, and empowered to contribute their best efforts. 

It involves aligning human resources with the organisation's overall strategy, ensuring that the workforce is skilled, motivated, and capable of driving the company's success.

MBA in Human Resource Management

• An MBA in HR is a specialised graduate degree program for students who need to excel in the dynamic field of human resources. 
• This program combines the core principles of business and management with a deep dive into the intricacies of people management, employee relations, and organisational development.
• A full-time MBA in HR is a two-year professional degree programme that teaches students how to manage human resources effectively. Depending on the college, the MBA in HR fees might range from  ₹4 Lakhs to ₹25 Lakhs.
• Students must have earned a minimum of 50% in their bachelor's degree in any discipline from an accredited university to be eligible for the MBA programme. 
• There are many universities which accept direct admission on the basis of merit, while few conduct MBA entrance exams for their admission intake. 
• A career after MBA in HR is bright as it empowers individuals to become strategic HR leaders who can drive organisational success by effectively managing and nurturing the most valuable asset of any company – its people.

Syllabus of MBA in Human Resource Management

The specific MBA in HR syllabus can vary depending on the university, program structure, and elective courses offered. However, here are the general topics that are commonly covered in an MBA program with a specialisation in HRM:

MBA in HR Subjects List 1st Year
Quantitative Techniques for Management	Principles of Management and Organisational Behaviour
Marketing Management	Research Methods for Management
Managerial Economics	Corporate Communication
Human Resource Management	Operations Management
Accounting and Finance for Managers	-
MBA in HR Subjects List 2nd Year
Personal Management Concepts	Performance Management: Systems and strategies
Compensation Management	Strategic Management
Methodology of Training and Development	Business Environment and Ethics
Industrial Relations Management	Organisational Development and Change
Human Resource Development and Planning	-

Elective courses:

Here is the list of the common MBA in HR subjects that students can choose from their electives. 

• Cross Cultural Management
• Employee Management 
• Workforce Planning and Talent Management
• HR Consulting 
• Industrial Relations 
• HR in the Digital Age

Jobs after MBA in Human Resource Management

Here are some of the known job roles you can explore after completing an MBA in Human Resource Management:

Job Role	Job Description	Average Salary
Training and Development Manager	You will be responsible for designing and implementing training programs to enhance employee skills and performance.	₹7.5 LPA
Human Resource Manager	You will be responsible for overseeing all aspects of the HR department.	₹6.6 LPA
Employee Relations Specialist	You will be responsible for fostering positive relationships between employees and the organisation.	₹6 LPA
HR Analytics Specialist	You will be responsible for using data to analyse employee trends, performance metrics, and engagement levels.	₹4.8 LPA
Talent Acquisition Specialist	You will be responsible for sourcing, selecting, and hiring the right candidates for open positions within the organisation.	₹4.3 LPA

Top Recruiters Areas for MBA in HR

An MBA in Human Resource Management can lead to exciting career opportunities in a variety of industries and sectors. Here are some of the top recruiting areas for students with an MBA in HR:

• Corporate Sector
• Consulting Firm
• Financial Institutions
• Healthcare Industry 
• IT and Technology Companies
• Manufacturing and Engineering
• Retail and Consumer Goods
• Nonprofit Organisations
• Government and Public Sector

Skills for Human Resource Management

Effective Human Resource Management requires a diverse set of skills that encompass both interpersonal qualities and technical proficiencies. Here are the key skills necessary for success in the field of HRM:

• Communication Skills: HR professionals need strong communication skills to convey information clearly, actively listen to employee concerns, and negotiate effectively.
• Interpersonal Skills: It will facilitate conflict resolution, team collaboration, and the creation of a supportive work environment.
• Problem-Solving: HR managers frequently encounter complex issues that require creative problem-solving. Being able to analyse situations, identify solutions, and implement effective strategies is essential.
• Emotional Intelligence: HR professionals deal with diverse personalities and emotions. Emotional intelligence helps in understanding and managing one's own emotions, leading to better employee relations and conflict resolution.
• Ethical Judgment: HR professionals must handle confidential information responsibly, make unbiased decisions, and ensure fairness and equity in all HR practices.

Conclusion

An MBA degree is a key to transformation rather than just an academic achievement. With this degree, people can become visionary leaders who foster organisational growth in addition to competent HR professionals.

You can apply for the MBA program at Sunstone if you plan to pursue an MBA postgraduate degree. You receive a lot of advantages that will help you develop your career. 70+ training and development sessions by top recruiters and industry experts, learn from expert guest faculty who are ex-IIMs and IITs, build a professional portfolio and many more benefits you get if you apply with Sunstone. 

FAQs - MBA in Human Resource Management

What is the average MBA in human resource management salary in India? 

The average MBA in human resource management salary is ₹4-₹10 LPA

Is MBA in HR a difficult course?

No, MBA in HR is not a difficult course. 

What is MBA in human resource management scope in future?

The future scope of MBA HRM is promising with a number of job opportunities after graduation. 

Can I get MBA after the 12th?
You need to first pursue undergraduate courses in any discipline from a recognised university, and then you can pursue an MBA program.

What is the MBA full form?
The full form of an MBA is a Master of Business Administration.

What is the benefit of doing an MBA program?
The MBA program enhances your marketability as a professional and also teaches you leadership skills. Other MBA benefits are:
- Critical Soft and Hard Skills
- More Job Opportunities
- Increases Earning Potential
- You Make an Impact on Society
- Expands Alumni Network
- A Global Mindset
- Improves Critical Decision Making
- Real-Life Problem-Solving Challenges