An MBA(Master of Business Administration) is considered one of the most prestigious degree programmes, with most graduate students opting for this management degree in various disciplines, including finance, marketing, and HR. The Human resource division sits at the heart of any orgainisation and is accountable for HR management and employee engagement. MBA in HR(Human Resources) is a demanding profession highly valued worldwide.
The demand for HR professionals is rising day by day as organisations focus more on recruiting the right talent to build a strong workforce. Leading organisations need satisfied and talented employees, which is the responsibility of HR managers. Any company or organisation, irrespective of its size, will at least require one HR professional. Building a strong background in HR management can be a wise choice for a successful professional life. If you are looking for an MBA in HR, you must familiarise yourself with its scope.
Scope of MBA in HR in 2022
The scope of an MBA in HR graduate in the contemporary business landscape is broad. It features many functions, including hiring, tutoring, managing, and engaging employees. But that’s not all. The role of HR has evolved from being a recruiter to talent acquisition. Thus, they focus on achieving organisation goals by hiring the right people to fit the organisation’s values, culture, requirements, and vision.
MBA in HR Career Prospects
An MBA in HR opens doors for an array of employment opportunities. Some of the most popular job roles in HR are:
- Human Resources Manager
- Compensation Manager
- Human Resources Generalist
- Human Resources Consultant
- Staffing Director
- Executive Recruiter
- Director of HR Training and Development
- Employee Relations Manager
Salary range of an MBA in HR graduate in India
In the last few decades, India has seen an exponential rise with increased demand for qualified HR professionals to manage a larger workforce. The HR professionals are well-compensated for their services. Even though HR appears to be a niche industry, but has a variety to offer. The average annual salary of an HR professional in India ranges from around INR 5,00,000 to INR 2,400,000. But with experience and growth, the salary potential of an HR increases drastically.
Demand for HR in India
The population of India is about 1.2 billion, which means that the workforce has a lot of potential to be an economic asset. As in India, the companies are growing and expanding, and so is the demand for a strong HR management system. According to a report, the demand for HR in India in 2022 is expected to grow by 9.8 percent, which will create nearly 100,000 jobs for qualified HR graduates.
MBA in HR: Programme Overview
The MBA in HR is a two-year degree programme further divided into four semesters of coursework. MBA in HR is a proven pathway to a successful career in HR management. Individuals who are good at communication, possess interpersonal skills and keep the ability to envision a larger picture of any organisation must opt for an MBA in HR to polish their skills that align with the current industry standards.
An MBA in HR is one of the most promising career paths. The students are also taught about the social, cultural, and economic factors influencing personnel relationships. Throughout the course, the focus remains on developing highly transferable skills that can be applied to various sectors. So, take the next step of earning an MBA degree in HR to start a fulfilling professional life. Apply Now.