MBA Human Resource Management
MBA Human Resources Management is one of the top fields of management which is pursued by the MBA aspirants. An HR professional is someone who is interested in maintaining the overall culture and ethics within the organization. Every organization has some values they follow and the HR team makes effort towards creating an environment in which those specific values are practised effectively. An HR professional will be responsible for hiring the right talent, making policies around payroll, Tax & benefits, insurance, etc. Also, they are involved in organizing events, competitions, awards & recognitions, training and sessions.
The human resource management discipline also focuses on maximizing employee productivity and effectiveness to protect the company from any issues that may arise concerning the staff.
Example – A software start-up hires an HR lead, who will further be talking with the founders to discuss the core values, recruitment and suggest software or tools which will be used by the employee for accessing HR-related services.
Due to the pandemic, we will see a lot of industries and domains balancing among employees working from the office and working from home in the future. To establish that balance it is important to have a top-notch HR management team for handling employee and being empathetic with them as the new normal is a different challenge.
This has pushed the HR field to think of innovative and engaging ways to keep up the satisfaction and happiness quotient within the organization
MBA Human Resources Syllabus
In pursuing Human Resource Management, an aspirant will be learning about the below-mentioned subjects:
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Note: The above subjects can differ from college to college.
Skillset required for MBA Human Resources
HR professional in a true sense should be a jack of all trades as he/she will be dealing with every department of the company playing a vital role in its growth. The skills mentioned below are a few from the list which can help you nail this emerging and evergreen field of management:
Soft Skills
- People Management
- Communication Skills
- Leadership quality
- Organization and multitasking
- Decision-making Ability
- Administrative skills
- Teamwork and collaboration
- Technological aptitude
- Conflict management and problem-solving
- Good with Negotiations
- Should Posses Business insight
Jobs after MBA Human Resources
The HR person is needed in every company, regardless of its size. After graduating, an MBA-HR has a wide range of option in which they can kick start their professional journey.
Depending on the company’s requirement, you can associate with job roles related to Managing employee compensation and benefits, recruitment, Learning & Development, Audits, Addressing and investigating work-related complaints and harassment allegations etc.
Below mentioned are the few job roles which are offered post-graduation:
HR Generalist / HR Executive / HR Admin
- An HR executive will help the company in daily HR-related tasks such as overseeing the hiring, training, and dismissal processes and administering and monitoring benefit programs.
- Working on existing or new HR policies
- Performing reference and background checks
- Conduct training sessions and exit interviews
Business Development Executive
- Business Development executive is someone who will deal with the company’s client base on a day-to-day basis to adhere to their requirements
- Do competitor market research and prepare reports, presentations
- Use tools such as LinkedIn and others for social media engagement for the company
- Cold Calling and setting up meetings for new potential clients
Technical Recruiter
- As a recruiter, you will be responsible for hiring the right talent for clients of the company. The job role is a part of the Staffing industry.
- Recruiting for your Indian clients or also recruiting for US/Canada staffing services is also very prominent
- Utilizing tools such as Monster, Career Builder, LinkedIn etc. to find the right talent as per the requirement
- Talent sourcing, Technical screening, Interview scheduling and candidate on-boarding
Note – There are also corporate recruiter jobs which are similar to Technical Recruiter but the only difference that a Corporate Recruiter will be performing the same responsibilities for the company itself.
Compensation Manager
- Propose, inspect and decide the salary of existing and new employees of the firm
- Makes sure the salary offered is stick to minimum wages act and other labour laws
- Determines the salary structure, and any other bonus and benefits to be offered to the employees
- Has to constantly look into employee motivation
Employee Relations Executive
- Responsible to maintain a relationship between employees/trade unions/customer and company management
- Checking with the existing users/customer in terms of feedback and concerns on regular intervals
- Look into employees’ complaints, unfairness and resolve disagreements among two or more employees or employees and company internally
Learning & Development Manager
- Formulate and deliver Training models/Learning strategies for new employees as well as existing employees
- Conduction Induction sessions for new employees
- Making sure the training modules are beneficial to the employee in increasing productivity and indirectly increasing the company’s productivity
Audit and Compliance Executive
- An Audit executive makes sure that the daily deliverables of the company are as per the standard established and rulebooks
- Escalating the issues in terms of a compliance breach
- Working with a ticketing system to make sure audit tickets are resolved
- Setting up Business excellence rules and regulations
HRBP – Human Resource Business Partners
- They work closely with the Leadership of the company and employee to take care of any issues related to HR
- Serve as the first point of contact for employees in case of escalations and concerns
- Conduct meetings for conflict resolution
HR Analyst
- Using Data and statistical methods to identify trends and performance metrics
- Design roadmaps and project timelines for HR analytics of the organization
- Working with HCM (Human Capital management), HRIS (Human Resources Information Systems) and HRMS (Human Resources Management Systems) software data to increase the overall efficiency of an organization’s workforce
- Sometimes you might work with specific HR fields such as Payrolls, benefits, time/attendance etc.
Career in Human Resource Management
The career scope for MBA HR graduates is
Salary: The salary structure after post-graduation in MBA HR can range from Rs. 3 LPA – Rs. 18 LPA with an average salary sitting at Rs. 5.5 LPA. However, any graduate from top B-school can expect the salary to be more than Rs. 10 LPA at least.
Job Role | Average Salary (per annum) |
HR Generalist / HR Executive / HR Admin | 4,50,000 |
Technical Recruiter / Corporate Recruiter | 3,50,000 |
Business Development Executive | 3,00,000 |
Employee Relations Executive | 4,00,000 |
Learning & Development Manager | 5,50,000 |
Audit and Compliance Executive | 5,50,000 |
HRBP – Human Resource Business Partners | 4,50,000 |
HR Analyst | 3,50,000 |
Top Recruiters in Human Resource Domain
Mahindra and Mahindra, Citi Bank, Genpact, HDFC, ICICI Bank, RIL, Marico, IBM, Larsen and Toubro, Mercer, Dell EMC, Shell, Hero Motorcop, KPMG, Samsung R&D, Sun Pharma, Deloitte India, Amazon, Tata Sky, Flipkart, TCS, Sun Pharma, Accenture, Dr Reddy Laboratories, JCB, etc.
Certifications for MBA HR
There are many certification and courses available which you can pursue to add strong value on your resume and generally for an employer certification are an assurance of certain pre-requisite skills
- ATD Certified Professional in Learning and Performance (CPLP)
- HRCI Professional in Human Resources (PHR)
- HRCI Senior Professional in Human Resources (SPHR)
- SHRM Senior SHRM Certified Professional (SHRM-SCP)
Here,
- ATD stands for The Association for Talent Development
- HRCI stands for HR Certification Institute (HRCI).
- SHRM stands for Society for Human Resource Management
Top Colleges for MBA HR
- Management Development Institute (MDI), Gurgaon
- Xavier Labour Relations Institute (XLRI), Jamshedpur
- Tata Institute of Social Science, Mumbai
- Symbiosis Centre for Management and HRD, Pune
- International Business School for Business and Media, Pune
- Indian Institute of Social Welfare and Business Management, Kolkata
- University Business School, Chandigarh
- International Management Institute, Delhi
- Xavier Institute of Social Service, Ranchi
- SVKMs NMIMS (Narsee Monjee Institute of Management Studies), Mumbai
- Indian Institute of Management (IIM) Ranchi
Read more: Top 10 MBA HR Colleges
Authors
- Milan Prajapati – B.E. Instrumentation and Control
- Ankit Giradkar – B.E. Mechanical
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