An MBA in Human Resource Management (HRM) is a two-year postgraduate degree that focuses on recruiting the right people for the right jobs, managing people, and providing guidance and direction to the workforce in an organization. The top colleges for MBA in India admit students on the basis of their scores in some of the MBA course entrance exams like MAT, GMAT, and CAT. There are different ways of pursuing an MBA in HR, like regular MBA, distance MBA, or Executive MBA.
The salary that one can earn after completing an MBA in HR varies depending on the college from which you graduated and your skill set. The average salary one can earn after pursuing MBA HR courses is between ₹4 lakhs and ₹5 lakhs. If you complete an Executive MBA in Human Resource Management, the salary might vary between ₹5 lakhs and ₹8 lakhs.
Here are all the details that you need to know if you are looking to pursue an MBA in HR Management.
MBA in HR Management – Course Details
Full form of MBA in HR Management | Master of Business Administration in Human Resource Management |
Course level of MBA in HR | PostGraduate |
Duration of MBA in HR | 2 years |
Examination type of MBA in HR | Semester-wise |
Eligibility of MBA in HR | Minimum of 50% – 60% in the Bachelor’s degree |
Admission Process of MBA in HR | Entrance exam/Merit-based |
Fees | ₹3 Lakhs – ₹8 Lakhs/annum |
Subjects | Marketing Management, Quantitative Techniques for Management, Human Resource Management, Managerial Economics |
Average Salary | ₹4 lakhs – ₹10 lakhs/annum |
Top Recruiters | HSBC, ICICI, HDFC, Genpact, Standard Chartered, JP Morgan, Barclays, etc. |
Educational Scope after MBA in HR | PhD in HR, MBA HR from abroad, Professional diploma courses, such as PMP, CRMA, CFA, etc. |
What is an MBA in Human Resource Management?
An MBA in HR is a two-year PG course that can be pursued by an individual having a Bachelor’s degree in any subject. The MBA in HR Management is a good course for people with great communication skills and who have a larger picture for any firm in their minds. Currently, HR professionals are essential in most public and private organisations.
MBA in HR Management – Eligibility
The admission process for MBA in HR is similar to other MBAs. To get into one of the reputed colleges in India, you need to give one of the entrance exams like CAT, MAT, GMAT, XAT, etc.
Here are the eligibility criteria for admission to MBA in HRM:
- The student is required to have a Bachelor’s degree with an aggregate of 50% from any recognised university or college.
- A 5% relaxation is provided to students who belong to the SC/ST/PWD sections.
- Students who are in the final year of their Bachelor’s degree can also apply for an MBA in HR. However, their admission will be dependent on their results in the final exams.
Reasons for Studying MBA in HRM
Here are some of the top reasons for pursuing an MBA in HR Management:
- If you choose an MBA instead of any other Master’s degree, you will gain better managerial skills and knowledge.
- Human Resources is a good industry because most of the reputed companies in India and around the world need HR people to manage their workforce.
- With a degree in HRM, there is a chance of getting a great pay hike. Most MBA in HR graduates get a pay hike of approximately 50% after completing the course.
- It is common for graduates of MBA HR courses to get into leadership roles at reputed organisations. They can manage and control the workforce as per the requirements of their respective organisations.
- If you are still looking to do some professional courses after MBA in HR, there are plenty of courses, like the SAP HR certification course and the Certified Talent Management Practitioner Program, which you can pursue.
Types of MBA in Human Resource Management
Here are the details of the types of MBA in HR:
Types of MBA in HRM | Eligibility of the student | Admission Criteria | Fees |
Full-Time MBA in HRM | Bachelor’s Degree in any stream with 50% | Entrance Based | ₹3,00,000 to ₹10,00,000 |
Online MBA in HRM | Bachelor’s Degree in any stream | Merit-Based | ₹40,000 to ₹50,000 |
Distance MBA in HRM | Bachelor’s degree with at least 50% and a work experience of about 2 to 3 years | Merit/Entrance-Based | ₹40,000 to ₹70,000 |
Executive MBA in HRM | Bachelor’s Degree and Work Experience | Merit/ Entrance Based | ₹15,00,000 to ₹27,00,000 |
1 Year MBA in HRM | Bachelor’s Degree along with 5 to 10 years of work experience | Entrance Exam | ₹7,00,000 to ₹24,00,000 |
MBA in HR – Jobs
There are various job profiles that you can choose from after completing an MBA in HR. Some of the job profiles are:
- Human Resources Manager
- Staffing Director
- Human Resource Generalist
- Executive Recruiter
- Compensation Manager
- Technical Recruiter
- Director of HR Development and Training
- Human Resource Consultant
- Employees Relations Manager
- Non-Profit Human Resource Expert
Some of the top recruiters include:
- Reliance
- HSBC
- ICICI
- KPMG
- WIPRO
- Deloitte
- Genpact
- Standard Chartered
- Accenture
- Morgan and Stanley
Conclusion
An MBA in HR Management can be one of the best degrees that you can opt for after completing your Bachelor’s for a fruitful career. There are many leadership and managerial roles that you can get after completing your degree. Many of the top companies in the world demand people with an MBA in HR and pay handsome salaries. If you are looking for the right guidance when it comes to an MBA in HR, you can contact Sunstone. Sunstone is one of the leading higher education providers in India, and they have 50+ campuses that offer an MBA degree with Sunstone’s benefits.
People Also Ask
- What is the duration of an MBA in HR course?
In most cases, the MBA course duration is 2 years. In the case of a part-time MBA in HR, the degree might take longer. Also, if you opt for a 1-year MBA in HR, the duration of the degree will be one year.
- What is the syllabus for MBA in HR?
The syllabus for MBA in HR includes:
- Management Process and Organization Theory
- Individual Behaviour in Organization
- Managerial Economics
- Human Resource Planning and Development
- Fundamentals of Industrial Relations
- Business Environment
- Compensation and Reward Management
- Cross Culture and International Human Resource Management
- Entrepreneurship Development
- Human Resource Information System
- Managerial Communication and Skill Development
- Corporate Social Responsibility and Business Ethics
- What jobs can you get with an MBA in HR?
The jobs that you can get after an MBA in HR Management are:
- Human Resources Manager
- Director of HR Training and Development
- Non-Profit Human Resource Expert
- Staffing Director
- Technical Recruiter
- Human Resource Generalist
- Employees Relations Manager
- Executive Recruiter
- Human Resource Consultant
- Compensation Manager