MBA Programs come in a very wide variety of formats. If one is aspiring to pursue an MBA, one can choose from the different types of MBA programs that have been provided to them. There are 5 different types of MBA programs that students can opt for:
- 1-Year Full Time MBA Program
- 2-Year Full Time MBA Program
- Executive MBA Program
- Part-Time MBA Program
- Online MBA Program
Master of Business Administration (MBA) is typically a two-year program, which aims at making a candidate possess expertise in various aspects of business administration and an expert for one if one wishes to specialize in a particular field of his/her interest. Though an MBA is one of the most common master’s programs that students opt for, deciding which one to specialize in and from which B-school, whether to pursue the same internationally by going global or, pursuing the same from Indian B-schools. Choosing one’s specialization is a big dilemma which needs to be very wisely taken.
There are many specializations as to MBA, but broadly categorized into a few main categories:
- Human Resources (HR)
- Information Systems
- Operations Management
While in the last few years MBA in HR has been an all-time favorite specialization option in the eyes of many MBA aspirants. Specialization in HR helps you understand how to acquire, manage, and retain the workforce within an organization in a systematic and organized manner.
This area aims to provide one with wide knowledge and ability to manage employees, people, and execute related work processes within a company covering various aspects including recruitment, selection, training, and development, designing jobs, assessments, and motivation (promotions/rewarding performance of employees), health and safety, compensation and managing exits from a company. They are the core individuals who look after the man force of the company. They don’t just manage the Human Resource (HR) of the company but also need to make sure their interest is served to the best possible interest.
It also involves managing relationships or any issues arising between the management and the employees. They have to ensure that a cordial relationship exists between them for the smooth functioning and the success of the organization. They may also be required to take charge of various activities like get-togethers or off-site visits which may be an integral part of the office culture. They are considered highly responsible to create a synergy in the office environment, trying to integrate all functions and build a positive atmosphere. MBA in Human resource management teaches candidates about strategies that improve the quality of business and increase the human output in corporate, private as well as public sectors. Education is imparted through case studies and with the help of problems that exist in companies.
MBA in HR eligibility criteria:
Candidates who have cleared a bachelor’s degree from any background are eligible to apply for admissions to the MBA in HR program. It must be noted that there are many colleges offering MBA in Human Resources. The eligibility criteria for the MBA in HR program will vary from college to college. Candidates need to check the information presented in the brochure of the college to know more about the eligibility criteria. If one is planning abroad the criteria for a global MBA is very different from the one in India. Hence a complete extensive evaluation of the various colleges and their eligibility criteria needs to be considered before choosing or finalizing a final B-school.
For most organizations, agencies, and businesses, the human resources department is responsible for:
- Managing job recruitment, selection, and promotion
- Developing and overseeing employee benefits and wellness programs
- Developing, promoting, and enforcing personnel policies
- Promoting employee career development and job training
- Providing orientation programs for new hires
- Providing guidance regarding disciplinary actions
- Serving as primary contact for work-site injuries or accidents
- Inculcating positive synergy at workplace
The various skill required as an HR manager:
In-depth theoretical knowledge along with excellent communication skills is considered to be the foremost criterion of a successful HR manager. Besides, that one must possess a keen eye for observation and an ability to develop a relationship among not just the workforce but also clients, customers, suppliers, and all the other humans are considered as a resource. Thre are many other skills that are also required in an HR manager:
- Communication skill
- Planning skill
- Supervising skill
- Desicion making skill
- Leadership skill
MBA in HR is one of the most booming sectors, and have been a favorite career option for many MBA aspirants. MBA in Human Resource or HR is one of the common specializations students opt for owing to ample job opportunities across the organization. A role in the HR department ensures that you are an important part of a team that forms the support system or the backbone of the company or organization. One opens many opportunistic doors after pursuing an MBA in HR; They can work in Government and private sectors both. They may also work in banking sectors, industries, educational institutions, and MNCs. Besides, those who take an interest in teaching can join the B-schools as professors. The interested candidates can carry on with research in the field also and can pursue the Fellow Program in Management (FPM).
A suitable candidate can be appointed as the following after possessing an MBA degree in HR
- HR Generalist
- Staffing Director
- Technical Recruiter
- Compensation Manager
- Employee Relations Manager
- Employment or Placement Manager
- Director of HR Training and Development
- Organizational development and change consultant
There are many B-schools which are known for specializing in the field of HR, some of them which are recommended top B-schools for MBA aspirants who want to pursue in the field of HR can have a look at the following top MBA HR colleges in India.
Top 10 MBA HR Colleges in India
|Xavier Labour Relations Institute (XLRI)|