MBA in HR: Organizations have come a long way now. Presently, most companies do not regard employees as people just striving for the monetary value of their work. Now, employees are considered as the resource of an organization and the management of all the resources of the organization is known as Human Resource.
Human resource, famously known as HR, is the department of an organization that hires, trains and manages the workforce. Over and above hiring, an HR’s role extends to creating a good, healthy and friendly environment for employees. As an HR, it’s your responsibility to ensure that employees are taken care of. An HR needs to put the best effort into promoting an engaging and fulfilling company culture.
Nowadays, companies have understood that how significant it is to hire the right people and manage them. So, with more businesses looking to hire good HR professionals to maintain their resources, MBA in HR is an excellent career option that will help you flourish.
Why HR is Known as the Heart of an Organization?
Human resource is known to be the heart of an organization since the HR department works solely for the professional betterment of the employees. Along with ensuring completion of the hiring process, HR managers or executives train employees, professionally guide them whenever needed and provide directions on how to work honestly in an organization.
HR department handles other crucial aspects of an organization like providing incentives, compensations, health welfare, workforce laws, safety & performance assessment and more. Simply put, the HR department directly impersonates how the organization treats and looks after its employees. So, no doubt why HR department is the heart of an organization.
If you wish to become an HR, you can indeed serve as a backbone of the organization by enhancing your learning in human resource management with an MBA in HR.
What is MBA in HR, and Who Should Opt for It?
MBA in HR is a 2-year postgraduate degree course that trains students about training and managing the workforce of an organization and encourages them to improve their quality of performance. Students who have achieved a bachelor degree from any field can choose this course.
The MBA in HR programme imparts conceptual and practical cognizance to students to make them able to meet hurdles and act efficiently in the corporate environment. The HR specialization enables aspirants to earn skills and abilities to know their co-workers and help them if needed.
However, you can earn good knowledge and skills only from a good college. An institute plays a pivotal role in moulding your personality and career. So, for pursuing MBA in HR, look for elite institutes like Marwadi University that provides experiential learning through advanced facilities, expert faculties and offers excellent placement opportunities.
An MBA in HR syllabus includes study in areas like Change management, HR planning, HR Analytics, Managing Diversity, HRD – Strategies and systems, etc.
An MBA in HR is the best option for the ones that can envision a bigger picture of an organization. Anyone who likes managing people and wants to work to keep the employee morale higher, increase productivity and maintain employee satisfaction must not give this course a miss.
MBA in HR: Eligibility Criteria
The MBA in HR eligibility criteria for most institutes remains pretty much similar – what differs is the scores of entrance examinations and previous degrees. Aspirants who do not meet the eligibility criteria for an MBA in HR course cannot undergo the admission process. The generic eligibility criteria for this course are:
- Aspirants need to appear for entrance examinations like CAT, XAT, CMAT, GMAT, SNAP, NMAT etc., to take admission in the MBA in HR course.
- The aspirants need to successfully pass the entrance exam with the cut-off declared by the respective institute.
- Aspirants seeking admission in MBA in HR course must have either cleared a bachelor degree or should be in the final year of their graduation.
- Many institutes require only those aspirants who have relevant work experience of 1 or 2 years.
- To secure admission, aspirants must clear every stage of the admission process, starting from the entrance test, group discussion to the final interview.
Benefits of Pursuing an MBA in HR:
A career in HR is a lucrative one and have a lot of advantages concerning professional life. Here are some benefits of pursuing an MBA in HR:
Advanced Communication Skills
HR is someone who brings innovative solutions on board and focuses on providing an enriched experience to employees. As an HR, you will be amiable, cooperative and have a sharp eye on finding the right talent and getting the work done. So, communication skills are a must in this area, which you will successfully develop in your MBA in HR programme.
Become a Good Leader
A good HR professional leads their people rightly and develops an environment that empowers trust toward the HR department. So, to become a good HR professional, you need to gain the faith of the employees and lead each individual personally. Certainly, an MBA in HR degree supports you in becoming a good leader by helping you develop leadership abilities, logical thinking and communication skills.
Improved Managerial Skills
When studying MBA in HR, students become familiar with the managerial skills that most companies require. The managerial skills developed by aspirants during the MBA in HR course benefits them in handling the pressure, organizing the workplace perfectly and nurturing a human-focused approach. All in all, with these skills, an HR try to ensure that employees achieve their goals and feel fulfilled working in the company.
Better Job opportunities
Since the HR department works closely with the employees, every company looks for HR aspirants that are efficient when it comes to management, have great work ethics and are enthusiastic. An MBA in HR degree works as a catalyst between companies and qualified employees. Thus, opening desirable roles to aspirants like HR executive, HR manager, Employee Relation Director, VP of operations etc.
Perceiving an Organization’s Psychology
HR is no less than a turning point for the success of the company. HR professionals work hand-in-hand with the top executives of the company and know about its goals and objectives. At the same time, they also evaluate the behaviour of their employees and inspire them to work towards the common goal and mission of the company. HR professionals work on understanding everyone in the company, and on that basis, expect the suitable outcome.
Higher Salary
HR is one of the few job profiles that pays the employee considerably. With an MBA in HR degree, you can get jobs that pay you better and provide you with an opportunity to work in MNCs, thus increasing your income significantly. The MBA in HR degree helps you learn the required skills and gain extensive knowledge in human resources.
Job stability
No matter what, the HR department will always be a valuable asset because optimal functioning of an organization is not possible without HR. You have plentiful job opportunities when you graduate with an MBA in HR degree. Additionally, even if the economy sinks, the job stability is higher for HR professionals as without them functioning of an organization is quite challenging.
So, these were the benefits of pursuing an MBA in HR.
MBA in HR: Skills You Need to Have
- HR professionals must be able to plan events or programs and execute them properly.
- Good leadership ability to guide and direct employees in the company
- As stated, HR needs to be a good communicator and must be able to convince others.
- HR needs to have strong decision-making skills to take a call in tough situations and solve the issue.
MBA in HR: Career Opportunities
From managing events and activities to talent acquisition, a company needs HR professionals at every place. So, HR will always continue to be in demand. Many industries ranging from educational institutes to schools, MNCs, corporates and start-ups need HR.
Here are some MBA in HR job positions that you can explore at each level of hierarchy:
Senior-Level HR Jobs: On this level, HR is responsible for decision-making. The job roles at this level are:
- HR Director
- HR Generalist
- Chief Human Resource Officer
- HR Manager
Middle-Level HR Jobs: HR at mid-level support employees and organize training sessions and other programs and events for employees. Some HR roles on this level are:
- Senior HR Executive
- HR Administrator
- HR Executive
- Staffing Manager
Entry-Level HR Jobs: Professionals that join an organization after completing their education start their career through entry-level jobs. Below are the job roles on this level:
- Recruiter
- Analyst
- Associate
- Trainee
So, if you wish to upgrade your career in the HR domain, make sure you study MBA in HR from the top MBA college and get the most out of it!