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Human Resource Management or HRM is mainly concerned with managing the limited workforce of an organization in most eminent manner. It is the process of developing and hiring the employees to bring maximum possible benefits to the company. On a broader prospect, Human Resource Management involves the procedure of hiring workforce, imparting development and training, maintain workforce regulation, assessing their performance, motivating them, building reliable relations with the labor, and assessing welfare, health and safety of the workforce.
MBA in HR is not only a specialized but also a stimulating and challenging subject of management. With the establishment of new industries and most companies working in more than one branch, HRM has gained enormous significance since then. HRM is, therefore, the backbone of any organization that aims to deliver skilled and knowledgeable workforce to the company. The course duration of MBA-HR is two years. To get admission in this discipline, one need to possess at least 50% marks in the graduation.
During this course, candidates are imparted with training in managing, developing and exploring the workforce for an organization in the most optimal way.
Within the course curriculum, the students are provided with knowledge in fields of strategic management, legal aspect management, human resource development, and more. The students are also taught about diversified social, cultural, and economic aspects that influence the nature of an employee within the organization. It is necessary to score well in entrance exams such as CAT/Mat/XAT or ATMA to get admission to well-known MBA College. Students who are not able to get through such exams can also go for distance learning MBA program offered by Sikkim Manipal University, Indira Gandhi National Open University, and Symbiosis Centre for Distance Education, Pune.
For those who are able to score well can get admission in top-rated MBA colleges such as seven IIMS; XLRI, Jamshedpur; Faculty of Management Studies, Delhi University; Indian School of Business, Hyderabad; Management Development Institute, Gurgaon; SP Jain Institute of Management Studies, Mumbai; Xavier Institute of Management, Bhubaneswar; Narsee Monjee Institute of Management Studies, Mumbai, and Symbiosis Institute of Business Management, Pune. After completing MBA in HR graduates get open to work in the corporate world, industries, schools, colleges, MNCs, and more.
They can decide to work on numerous job titles such as HR generalist, staffing director, compensation manager, technical recruiter, placement or employment manager, director of HR training and development, organizational development, change consultant, employee relations manager, and more.
Some reputed agencies that recruit individuals with MBA-HR degree are:
• ABC Consultants
• Body Shopping
• Hudson Global, Inc.
• Manpower Inc.
• Randstad Holding
• Wise Group
• Inter-Quest group, Inc.
• Davidson Global Technologies
• Adecco Group North America
It is a well-paying job. Individuals with experience and knowledge in this field can earn in lakhs in an annum. The stipend offered to professionals is subject to geographic location, profitability, prior qualification, experience and organizational level.
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