MBA in HR Management – Ace the Science Behind Business & Management
Having to run a successful business involves several factors. One of them is that you need a terrific team to support your business in addition to a brilliant concept and a high-quality product. This team will ensure that operations function successfully and will handle day-to-day tasks. The human resources division is a crucial component of that group. But what makes human resources crucial? Well, the human resources department looks out for all the other workers, aiming to establish a positive workplace where individuals feel appreciated and inspired to stick around and do their best job.
The Growing Demand For HR Managers
According to a report by Statista, despite occasional fluctuations, the global human resources services market grew from 2012 to 2021. As a result, the market for personnel services increased from 213 billion euros in 2020 to 275 billion euros in 2021. Additionally, that year, the staffing service segment had a larger than 50% market share of the HR services sector, increasing the scope for MBA in HR.
Among various MBA courses, an MBA in HR Management is a two-year degree programme focusing on hiring, managing, and giving direction and leadership to those working for a business. In addition, an MBA in HR Management programme gives instruction and knowledge in managing the organisation’s staff.
Scope for MBA in HR Management includes careers like HR Director, Chief Human Resource Officer, HR Generalist, HR Manager, Assistant HR Manager, Staffing Manager, HR Administrator etc., with top recruiters being Reliance, Aditya Birla Group, Amazon, Larsen & Turbo, KPMG, PepsiCo, Makemytrip, Infosys, Wipro, Deloitte, and L’Oreal.
But What Do HR Managers Do?
Any firm, from tiny enterprises to bigger corporations, benefits from having a human resources department. How does HR work? The primary responsibility of an MBA in HR Management graduate is to raise employee performance, which enhances overall business performance and increases output. HR services cover everything a company needs to manage and develop its workforce. Some of the fundamental duties of an HR include:
- Hiring and recruiting
- Training and developing
- Management of vacation time and employee benefits
- Payroll Compliance with Employment Law Safety
- Increasing staff commitment and output
- Establishing corporate culture
- HR specialists have received training in interpersonal skills, dispute resolution, and fostering a positive work environment.
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MBA in HR Management at BML Munjal University (BMU) – Transforming Students into New-age Corporate Professionals
BML Munjal University (BMU), known for its innovative teaching, learning and research environment, provides different MBA courses, including MBA in HR Management. Students collaborate on projects with various research groups and learn from a mix of highly qualified and reputable mentors from industry and academics.
At BML Munjal University (BMU), various teaching techniques, including case studies, simulations, role plays, and project work, along with in-depth insights and classroom discussions, enables students to gain an apt knowledge of Human Resource Management.
Key Highlights of the Course
- Pedagogy: The teaching-learning environment at BMU includes active learning or learning by doing. Students are encouraged for hands-on learning to develop new strategies for understanding and using complex ideas in daily life. Additionally, it fosters a passion for learning, the development of abilities, and the courage to face the uncharted.
- Experiential Learning: Students may work on actual business problems thanks to the curriculum developed jointly by Imperial College London and other academic partners. They can collaborate on finding answers to practical issues with faculty advisers and business professionals. They further get to apply their learning in real life through an 8-week Practice School, which is a required and evaluated internship, preparing them for the job following MBA in HR management at BMU.
- International Edge: Imperial College London, BMU’s academic mentor, contributes to programme and curriculum creation and faculty support. Collaborations with institutions including the Singapore Management University, Carleton University, Kent State University, University of California, Berkeley, Aston University, North South University, Saint Mary’s College of California, and many more have improved the educational experience at BMU. Students can obtain fresh insights into international business techniques, difficulties, and cultures through this curriculum, especially for Human Resource Management.
- Recruitment Events: On-campus events like panel discussions and recruitment presentations are frequently organised. Students network with a wide range of businesses from various industries, allowing them to establish positive contacts with possible employers.
- Networking: BMU provides a variety of channels for students to interact with corporate partners and business titans, connect with them directly and learn from them.
- Internships: At BMU, students get the opportunity to engage in exciting internships across multiple sectors. All MBA students must do industrial internships as part of Practice School. The assignments help enhance students’ critical thinking and decision-making abilities and contribute to their personality development and communication and presenting skills.
- Workshop for Career Skills: The course covers every aspect of providing students with a competitive edge, from simulations of assessment centres and interview clinics tailored to specific industries to lessons on personal grooming and soft skills. They receive technical and strategic preparation from top-tier experts and consulting firms for the different company selection processes.
An HR manager is responsible for developing, overseeing, implementing, and monitoring various policies at all levels and divisions. The ultimate goal of an HR manager is to increase the asset value of the human capital entrusted to them. Therefore, a thorough, comprehensive MBA in HRM, like the one provided by BMU and co-designed with Imperial College London, is essential since competent HR managers are constantly in demand.
For further details about MBA in HR Management, visit https://www.bmu.edu.in/courses/mba/mba-in-hr-course/.
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