From a small start-up to a leading multinational company, each business across the world requires HR professionals to run a company smoothly. HR professionals are considered an asset to any business because of their benefits. Thus, an MBA in HR is the most opted specialization in all the business disciplines.
Besides providing job satisfaction, an MBA in HR degree is financially rewarding too. According to PayScale, an entry-level Human Resource Manager in India makes INR 6,94,862 per annum. A TimesJobs RecruiteX report shows that HR professionals are highly demanded in India. Statistically speaking, the demand for HR professionals rose by 8 percent in May this year.
Notably, professionals related to the HR department were among the top three roles in terms of job share. The US Bureau of Labor Statistics report suggests that the job opportunities for HR professionals should be best in the management of companies and enterprises. As the demand for HR professionals is consistently growing, it’s the right time to launch a career in MBA HR.
An introduction to MBA in HR
Master of Business Administration (MBA) in Human Resources is a two-year postgraduate program. This two-year MBA course offers specialization in marketing and workforce management. This specialization covers Human Resource Management, Compensation Management, Fundamentals for Human Resources Management, Business Communication, HRM Planning, Bargaining and Negotiation Process, Marketing Management, Entrepreneurship, New Ventures, Employment Relations Laws, Decision Making, Managerial Economics, and General Management and Managerial Communication.
Students develop critical, logical, and analytical thinking skills during the course through case studies and workshops. They also inculcate skills and competencies in conducting interviews, hiring applicants, managing employee welfare, solving disputes, improving company morale, ensuring high-performance standards, and preparing salaries.
With all being said, let’s jump right into the advantages of choosing the career path in HR.
Advantages of pursuing an MBA in HR
- MBA in HR provides job security
It’s quite challenging for any organization to work without HR professionals. Even a small-scale company requires an HR professional to manage its workforce. Therefore, this role will never go out of fashion. HR professionals enjoy job security even during a crisis or recession.
- HR builds culture and values in the organization
HR professionals perform a key role in building an organization. They are the ones who have in-depth knowledge of an organization’s vision, mission, values, goals, work culture, clients, and environment.
- HR gains insights into the current trends and industry regulations
HR professionals play a more active leadership role. They are the ones who first gain insights into the current trends, regulations, development in the industry. They also enjoy prestige in any company besides improved pay.
- HR professionals can work in a spectrum of industries
Another top reason to earn an MBA in HR degree is flexibility and exposure to more job opportunities. From a corporate house to the hospitality industry, every sector worldwide needs HR to run the company. Thus, professionals can work in a variety of fields with an MBA in HR degree.
If these reasons appeal to you, enroll in the course right away! You can browse top business schools in India’s Uttarakhand for a promising future ahead. Hurry up!