What is the career scope of MBA in HR?
The demand for human resource professionals in the country is on the rising given the growing industries and corporates in the country. For those who are planning to opt for MBA in HR can get ample job opportunities and handsome salary package.
A human resource professional deals with the workforce of an organisation, which is the most valuable contributors to the growth and the sustenance of the company.
Each company has its unique values, visions, ideals, norms, working language, systems or methodology, basically, the organisational culture differs from company to company. The role of an HR professional comprises developing and managing their company's culture. The core role of the HR professional is to assist the company in achieving success.
Discover top MBA colleges explored by similar minds
Students like you who showed interest in this article are also exploring the following colleges
Scope & Growth Perspective
An individual choosing an HR career begins by earning an associate's degree or a certificate. An individual who earns a master's degree in human relations can get a directorial and senior-level management role. There are two programmes through which one could have a specialised master's degree in HR - MBA with a concentration in HR, and a master's degree in HR.
Skillset of HR Professional
The skillsets required to be a successful HR professional are:
Organisation |
Discrete and ethical |
Multitasking |
Dual focus |
Dealing with grey |
Conflict management and problem-solving |
Negotiation |
Change Management |
Communication |
Tailored approach aligned to business strategy |
Job Roles Offered to HR Professionals
From small to large and from national to global organisations, all hire HR professionals - From small/mid-size firms to large domestic/multinational corporates. Multinational and large companies hire multiple human resource managers, some may work in the corporate offices while other works in various business units.
Here are some different HR roles with the Job description for your easy reference: An MBA graduate has a scope in directorial and senior-level management role.
Role |
Job Description |
Average Salary* (experience) |
---|---|---|
HR Manager - Talent Acquisition |
The talent acquisition manager is responsible for planning, developing, managing, and overseeing recruitment and talent acquisition processes and strategies. |
Rs 3.5 LPA (less than 1 year) |
HR Manager - Training |
The training and development manager is responsible for improving the productivity of the employees, identifying the training needs and arranges a suitable training solution for organization's employees. |
Rs 4.6-4.7 LPA (1-4 years) |
HR Manager - Compliance |
The role of a compliance manager is to address all the compliance and statutory issues and also to ensure that the company adheres to legal standards and in-house policies |
Rs 3-4 LPA (1-4 years) |
HR Professor |
The role is to impart HR education to the students of the institutions and colleges |
Rs 2-3 LPA (1-4 years) |
*Source: Payscale.com
We have discussed the managerial level of the above roles, however, there are different hierarchical levels for the same role in every organization such as Senior Manager, Assistant Vice President, Vice President, Director, CHRO, and Board of Directors.
The MBA in HR scope is excellent and bright only if you complete your post-graduation education from the below-mentioned the top management institutes/B-schools for an MBA in HR:
- XLRI Xavier School of Management, Jamshedpur
- Management Development Institute, Gurgaon
- Indian Institute of Management, Ranchi
- Xavier Institute of Social Service, Ranchi
- Universal Business School, Delhi
- Tata Institute of Social Sciences, Mumbai
- International School of Business and Media
- NMIMS School of Business Management, Mumbai
Right Approach Offered To Grow in Job Roles
The right approach to growing in the respective roles is - a graduate can start a career as an HR generalist or HR Specialist. An HR Generalist has a less focused role and handles a number of areas and tasks simultaneously. Thet are expected to cover the below-mentioned aspects of HR:
Talent acquisition |
Manage payroll |
Training & development |
Compensation & benefits |
Employee benefits |
Statutory compliances |
Coordinate with employee |
|
Whereas HR specialists focus on specific areas such as recruiting or training, etc.
The right approach is to decide whether you want to opt for an HR generalist role or HR specialist, as both the careers have different pathways in various industries such as the Manufacturing sector, BPO/IT sector, Banking, Hospital, Education and other.
Top Companies Hiring MBA in Human Resources
To get hired by the top companies, you should first complete your master's degree in HR from the best HR institutions/B-schools in India. Here is the list of top companies recruiting MBA in HR:
Reliance |
Larsen & Turbo |
KPMG |
Infosys |
Wipro |
Aditya Birla Group |
Deutsche Bank |
Makemytrip |
L'Oreal |
Pepsico |
Salary Bandwith
Here we have pay by experience level for an HR professional:
Role |
Experience |
Average CTC (in Rs LPA) |
---|---|---|
HR Manager |
0-1 Year |
3.68 |
HR Manager |
1-4 Years |
4.66 |
HR Manager |
5-9 Years |
7.29 |
HR Manager |
10-19 Years |
10.32 |
Highest domestic salary |
Rs 50 LPA |
Average Domestic Salary |
Rs 22.35 LPA |
Median Domestic Salary |
Rs 21 LPA |
It is not just a professional qualification or industry knowledge that will help an individual to develop a career in the HR field. Skills and attributes are equally important - HR professional requires some mandatory vital attributes like diplomacy, persuasions, interpersonal skills and other skills that are mentioned above in the article.
This is a collection of news and articles on various topics ranging from course selection to college selection tips, exam preparation strategy to course comparison and more. The topics are from various streams inclu... Read Full Bio