How useful is an MBA in HR degree?

on June 14, 2021 at 3:50 am

Master of Business Administration in Human Resources (HR) is a popular career choice among aspiring MBA students. The two-year program provides innumerable career options. As Human Resources are considered an asset to an organization, an MBA in HR is the most popular discipline among companies and other business organizations. It is one of the most rewarding specialization areas among all MBA programs. An MBA in HR enjoys more job options, increased pay scale and job stability. If you are looking for a lucrative career ahead, an MBA in HR is the perfect fit for you.

Demand and Scope for MBA in Human Resources

Whether small or large, every business requires HR to manage the workforce of the company. Human Resource Managers collaborate with talent acquisition teams to onboard the best talent in the market. They are responsible for supervising employees’ life cycle by hiring, recruiting, onboarding, and retaining them. They also look after salary and appraisal of organization’s workforce.

According to the Graduate Management Admission Council (GMAC) report on MBA graduates, the market size of the global human resource management is projected to increase at a CAGR of 11 per cent between 2019 and 2025. At least 18 per cent of businesses are planning to recruit fresh HR graduates, corporate recruiters survey 2019 suggests. The GMAC report reveals that the requirement of Human Resource managers is increasing at a magnificent velocity.

MBA in Human Resource: Course Overview

Master of Business Administration (MBA) in Human Resources is a two-year postgraduate program, divided into four semesters. The course provides in-depth knowledge in areas such as digital human resource management, compensation management and others. Additionally, students are equipped with leadership skills, critical thinking, problem-solving, negotiation skills, time management and analytical thinking. The program helps students specializing in various areas through case studies, projects, workshops, and teamwork. During the program, students also get an opportunity to learn from industry experts and build networks with them.

What are the benefits of an MBA in HR program?

1. Graduates enjoy a prestigious position in an organization.

2. Higher-paying jobs.

3. HR professionals possess transferable skills.

4. HR graduates can apply for various managerial roles in different organizations.

5. MBA in HR graduates enjoys leadership roles.

6. MBA in HR graduates get opportunities to meet new people.

7. MBA in HR graduates get opportunities to manage the life cycle of employees.

Career options after doing MBA in HR program

1. Human Resource Manager,

2. Human Resource Generalist,

3. Compensation Manager,

4. Employees Relations Manager,

5. Staffing Director,

6. Talent Acquisition,

7. HR Consultant, and

Conclusion

The role of an MBA in HR is considered extremely important for an organization. Thus, fresh graduates or aspiring leaders can consider pursuing it for a rewarding career ahead.