MBA in Human Resource Management – Know Why Should You Opt for the Course

MBA is one of the most sought after career options worldwide nowadays and gives you the chance to succeed in your dream career path. The growth prospects with the Finance MBA are immense and earning potential that is simply too lucrative. Recruiters want people in their team who are active, intelligent and smart business graduates so that a company may move forward and achieve greater reputation in the near future.

Responsibilities of An HR Manager

Many students are skeptical of an MBA in HR and want to pursue the other branches of business studies. However, when it comes to running an organization in a glitch free manner, HR managers are indispensable for looking after the various aspects like safety, employee policy, employee health, team building, benefits and increments, recruiting, salary, performance updates and training of a company. They have to inspire the workforce and mobilize them towards fruitful production and contribution. For small organizations, the HR manager is responsible for looking after every human resource issues and in the larger organizations; one HR manager is allocated selected responsibilities only.

Area Of Expertise For An HR Manager

While pursuing the MBA in HR, one has to go through various topics like Labour Welfare and Social Security, Recruitment and Selection, Industrial Relations, Compensation and Benefits, Training and Development, Labour Legislation, Motivation and Retention and Labour Relations. Admission is through a successful score in MAT /XAT /ATMA or CAT. After successful completion of the course, one may be hired as a Director of HR Training and Development, Organizational development and change consultant, Employee Relations Manager, Employment or Placement Manager, Staffing Director Compensation Manager, Technical Recruiter or HR Generalist.

Expected Salary Of An HR

The skill set for an MBA in HR includes the ability to create a win-win situation for the organization and staff, take a hard call, understanding of different cultures, ability to mould your style of operation as per staff needs, excellent communication skills, strategic planning through people development, ability to understand human relations, negotiation skills and leadership skills. The salary is dependent on experience where the entry level professional gets Rs 6 lakh to Rs 12 lakh per annum, mid-level professionals may get between Rs 18 lakh to Rs 35 lakh per annum and senior professionals can very well earn between Rs 40 lakh to Rs 1 crore per annum.