A Master of Business Administration (MBA) is a two-year post-graduation professional degree programme that prepares graduates for a fulfilling career in the modern business landscape. The diversity of an MBA programme has led to a wide range of specialisations, such as human resources (HR), marketing, finance, international business, and many more. An MBA degree can offer a broad scope and great future opportunities, especially in human resources or HR. If you pursue an MBA in human resources, you can pave your way toward becoming a valuable asset as they are competent in managing the core pillars of any organisation and its employees. An MBA in HR can be ideal for anyone interested in personnel management and good communication skills.
Keep reading this article as we explore all essential aspects of the MBA in HR, including scope, skills, opportunities, and salary. Let’s get started.
What is MBA in HR?
In modern business, employees are not just workers striving for a paycheck. Instead, they are termed as resources who work at the heart of any business or organisation. Human resource management is a function that underpins the process of hiring the workforce, maintaining workforce regulations, providing development and training, assessing performance, and many more processes of hiring and developing professionals according to the organisational needs.
Scope of pursuing an MBA in HR
Today an MBA in HR is in high demand as they are proficient in handling human resources and overseeing all aspects, such as employee relations, budget management, estimating staffing needs, building training programs, and developing compensation plans for efficient operation companies. A graduate with an MBA in HR can explore lucrative job opportunities and avail of high packages. With an MBA in HR, graduates can also look for opportunities in a global setting.
Skills required for an MBA in HR
To attain mastery and improve your scope and prospects of an MBA in HR, these are some of the most desired and sought-after skills in human resource management professionals:
- Conflict Management
- Effective Communication Skills
- Planning skills
- Supervision Quality
- Change Management
- Decision Making
Opportunities in MBA in HR
Job opportunities in MBA in HR are vast and allow freshers to explore a diverse range of career opportunities within this sphere. The reason behind enormous job opportunities is that all industry requires an HR professional to handle activities related to managing human resources. An MBA in HR can look for opportunities in multiple sectors, including:
- Corporate sector, BPO, and Service sector
- Banking Sector
- Education Sector
- Multinational Corporations
These sectors offer the following job roles to an individual with an MBA in HR:
- Employee relations manager
- HR Generalist
- Technical Recruiter
- Staffing director
- Director of HR Training and Development
- Placement Manager
- HR Manager
If you want to ace your career, then an MBA in HR can be the right qualification, as the demand for skilled and well-qualified HR professionals is expected to show an upward trend in the near future.