Management in Human Resources
Human Resources
Master of Business Administration or MBA in Human Resource Management is a 2-year post graduate program and is open to individuals with a Bachelor’s degree in any stream. MBA in Human Resource Management is a popular option for candidates aspiring for a seat in B-Schools in India.
MBA in Human Resource Management is perfect for individuals with good communication skills and an ability to envision a larger picture for an organization. At present, skilled HR Professionals are required in all public and private sector organizations.
People with Human Resources degree are usually employed as Human Resource Manager, Employee Relations Manager and in other similar roles. Although, the starting salary for the course entirely depends upon the institute of study, salary for alumni of a good management institute is between INR 5 Lacs to 12 Lacs.
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Career Options and Job Prospects
Human resource management is the center of almost all the corporate firms as it is directly in contact with all the employees and manages their work as well as expectations. Aspiring candidates can also pursue PGDM in human resource management to get lucrative job offers after completion of the course.
In the corporate world, each firm has a Human Resource division to manage the employees. However, some of the companies outsource their human resource work to professional companies. Some of the popular firms in this field are SutraHR, ABC Consultants, Adecco India, AON Hewitt (previously Hewitt Associates), CareerNet, Global InnovSource, IKYA Human Capital, Kelly Services India, ManpowerGroup India, Randstad India (previously Ma Foi Randstad), etc. Following are some of the jobs that one can pursue after MBA in Human resource management:
- HR Manager
- Training and Development specialist
- Recruiter
- Labor Relations Manager
Highlights for MBA in Human Resource Management
| Duration | 2 Years |
|---|---|
| Eligibility | Bachelor’s Degree in any stream |
| Admission Process | Entrance Exam followed by Group Discussion/Personal Interview |
| Major Entrance Exams | CAT, XAT, MAT, SNAP etc. |
| Number of Management Institutes | Over 3000 |
| Salary Range Offered at Entry Level Positions | INR 2 Lacs – 12 Lacs |
| Total Tuition Fee | INR 4 Lacs – 17 Lacs |
Selection Process
The normal selection process for MBA in HRM involves a written test, group discussion and personal interview. Some institutes may conduct an essay writing test and/or General Aptitude Test. The General Aptitude Test is designed to test the aptitude of the candidate towards current social, economic and political issues. Academic Performance and Work Experience of a candidate is also considered while preparing the final list of candidates for admission to the program. Weightage given to the different criteria is listed below:
Salary
As a fresher, you can earn between Rs 3-5 per year. The salary depends on several factors such as the organizations you work, work experience, company location, academic background, etc. After gaining an experience, you can earn between Rs 3 to 6 lakh per annum.
| Criteria | Weightage |
|---|---|
| Entrance Test | 60-70% |
| GD/PI/Essay Writing | 5-10% |
| Academic Performance | 10-15% |
| Work Experience | 5-10% |