Why an MBA in Human Resource Management is an Excellent Career Choice
The relationship between employees and employers changed over time. The strict rules and limited talent brackets for employees changed. This gave rise to flexible and more productive working spaces. During the 20th century, change came into the picture, driven by and reflected in human resources departments. This department played a vital role in changing the old, no-fun working spaces to fun and productive workspaces. But these changes were not possible without the presence of a proper education platform for HR professionals. The role of the human resources department increased as the industries kept growing. This gave rise to human resources becoming a discipline that started being taught in universities.
Human beings’ history has never been simple and uncomplicated. It is formed by many factors that changed the face of the HR industry. These factors revolve around business and psychology. It is a pretty well-known fact that as we move forward, the various industries will keep growing in the future. For continuous growth, they need strong technical support and human resource management as well.
Hence, an MBA in Human Resource Management will be an excellent choice for a student who has a knack for understanding crises instantly and handling them. These candidates also need to be empathetic to be able to take people in an organisation.
What is MBA in Human Resource Management?
An MBA in HR Management imparts knowledge and training in managing the workforce of the organisation. These professionals are trained to handle the human workforce of an organisation in the most efficient way possible. As every organisation has its unique set of values, visions, ideals, norms, working language, systems and methodology, HR strikes a balance between all these factors. They develop and manage their company’s culture, hire the best of their talents.
An HR acts as in-charge to frame employees welfare policies and build a clear channel of communication. Without the presence of HR, the companies will not be able to function efficiently, and hence they are one of the most valuable contributors to the growth and the sustenance of a company.
A typical MBA HR syllabus consists of subjects like management process & organisation theory, Individual behaviour in an organisation, quantitative techniques in HR management, workforce planning and resourcing, HR Audit and research methodology.
Let’s look at the career opportunities of an MBA in HR:
HR Generalist: Their job involves receiving job applications from candidates, evaluating their resumes, selecting documentation and organising recruitment projects, etc. Since this is an entry-level job position, the pressure and challenges in this job are not much.
Staffing Director: They play a vital role in the company as their job demands him to take all the necessary decisions regarding company employees. They are responsible for framing the recruitment policies, promotional policies and policies relating to transfer and training.
Technical Recruiter: In this position, the candidates’ job entails testing the applicant’s technical skills and choosing the right candidate for the company—well-versed in the technical aspects. The specialised recruiters are generally appointed in IT sectors and Banking.
Compensation Manager: Their job includes responsibilities like taking care of the company’s financial matters and determining the employees’ salaries. These professionals have to be well-versed with the laws and acts related to wages and labour. They have to ensure that the pay a company offers to its employees must adhere to the rules, and apart from this, they also decide the bonus and other benefits given to the employees.
Employee Relations Manager: These professionals fill up the gap between the employer and employee. They act as a correspondent between the two. Their job entails listening to the employees’ complaints and grievances and settling the dispute between the employer and the employee. They are also required to arrange discussions between the employer and the staff.
Director of HR Training and Development: This department trains its recruits and conducts various preparational seminars for them. This new staff can successfully contribute to the company’s growth only through all these procedures.
With various industries trying to build a healthy and productive working environment, the demand for HR professionals will always be there. Therefore, candidates who are willing to work as an HR should opt for an MBA course in HR management.