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MBA in Human Resource: Careers, Market Trend, Growth, Salary & Top B-Schools

Human Resource is an integral part of every company. An MBA in Human resource equips graduates with the knowledge to maintain the workflow of an organization. An HR manager is responsible for managing the company culture as well as ensuring the welfare of the employees.

MBA in Human Resource has always been one of the most popular specializations in MBA. To get admission in MBA Human resource you can appear in any of the major entrance exams for MBA like CAT, XAT, SNAP, MAT etc.

A job in Human resource includes the process of hiring, training and managing employees for an organization. HR specialization offers lucrative packages and senior-level management positions.

MBA in Human Resource: Overview

According to Aon data shared exclusively with Economic Times, students at Indian Institutes of Management (IIMs) and other top MBA in Human Resources Management colleges in India will earn 6.4% more annually in 2022 than just four years earlier. 

A wide range of industries, including edtech, consulting, and manufacturing, are hiring this year. According to the recent Manpower survey hiring intent is at a nearly eight-year high for the current quarter. Demand for MBA in HR professionals will be high in these fields in the coming year.

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MBA HRM Course Content

  • MBA in Human Resource Management is a 2-year degree.
  • The MBA in HR syllabus is divided into 4 semesters
  • Skills such as communication, conflict management, problem-solving etc. give an edge in the field of Human Resource.

Major topics in the syllabus of HRM include:

Here is an MBA HR Syllabus:

Finance and Accounts Economics Operations Management
Communication Marketing Human Resource Management
Organizational Behaviour Industrial relations Law Fundamentals of HR Management
Fundamentals of Industrial Relations Fundamental of Labour Law Human Resource Planning
Human Resource Planning    

MBA in Human Resource: Jobs after MBA in Human Resource

  • Commonly offered job to HR professionals are – Talent Acquisition, HR Manager- Training, HR Manager- Compliance, HR Professor etc.
  • Job roles may differ slightly based on what specific role you hold. For example:
  • As an HR Manager – Talent acquisition you will plan, develop and oversee the recruitment process for the company. You will also be responsible for the overall talent acquisition strategy of the company.’
  • As an HR Manager – Compliance, you will be responsible for tackling any compliance or statutory issues, ensuring adherence to legal standards and in house policies etc.
  • HR Professor- As an HR professor you will have the responsibility of bringing quality education to the students of the college

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MBA in Human Resource: Salary of HR professionals

As of January 2022, BIMTECH Greater Noida has conducted 100% placements for its 2020-22 batches, increasing the average salary by 16.23% to Rs. 9.38 LPA from Rs. 8.07 LPA last year. From last year, the highest domestic salary was Rs.16 LPA, and the highest international salary is Rs.24.67 LPA in placement 2022. Top MBA in Human Resource recruiters include Bayin Capability, Gartner, Deloitte, EY, KPMG, and PwC.

According to the Payscale recent salary report 2022 for MBA in HR professionals, an average salary for an entry level salary of a Master of Business Administrator in Human Resources is – INR 809,425. An average salary varies from HR jobs by title.

Salary of HR professionals:

  • As per this report, the current salary of an HR manager is 884K/yr on average, in India.
  • The salary also varies as per the designation and company.
  • Salary of an entry-level talent acquisition manager with < 1-year exp. Can expect an average salary of about 3.5 LPA.
  • Whereas an HR professor can earn an average salary of Rs 2-3 LPA.

MBA in Human Resource: Top Recruiters for MBA in Human Resource

The top companies which offer MBA in Human Resource are:

  • Reliance
  • KPMG
  • Wipro
  • Deutsche Bank
  • L’Oreal
  • Larsen & Turbo

Top Colleges that offer MBA in Human Resource

The top colleges which offer MBA in Human Resource are:

  • CMS Business School, Jain (Deemed-to-be University)
  • Acharya Bangalore B School (ABBS)
  • ISBR Business School
  • Institute of Business Management and Research – International Business School Bangalore
  • WeSchool, Bangalore
  • Institute of Business Management and Research – International Business School Bangalore

Top Colleges in Bangalore offering MBA in HRM

Below are some of the Best MBA colleges in Bangalore offering an MBA in HRM:

  • IIM Bangalore: Indian Insitute of Management – Central Government Autonomous Institute
  • TAPMI Manipal: TA Pai Management Insitute – AICTE approved PGDM College
  • SIBM Bangalore: Symbiosis Insitute of Buisness Management -Symbiosis International University (SIU) Pune MBA College
  • Amrita School of Buisness Bengaluru
  • Amrita Vishwa Vidyapeetham University, Bengaluru
  • XIME Bangalore: Xavier Institute of Management and Entrepreneurship
  • Christ Univesity Bengaluru: Institute of Management
  • Christ University Bangalore MBA College
  • Alliance School of Buisness- Alliance University
  • Alliance University Bangalore MBA College
  • JAGSOM Bangalore: Jagdish Sheth School of Management Bangalore

MBA in Human Resource Management: Career Opportunities

For those with an MBA in Human Resources, there are many job opportunities. Working in the HR field means being a part of a team that forms the backbone of the organization or a company. HR professionals with MBA degrees can work both in the public and private sectors. Additionally, they may work in banking, industries, educational institutions, and multinational corporations. Furthermore, those who are interested in teaching can become professors at B-schools. Candidates may also pursue a Fellow programme in Management (FPM) and carry out research in the field.

FAQs

What does an MBA in HR do?

It focuses on employee recruiting, management, and offering direction and advice.

What is the salary for an MBA HR fresher?

For a fresher, an average annual salary ranges between INR 2 Lakhs to INR 17.9 Lakhs. Salary package depends upon the MBA College you have graduated from and its placement records.

What are the types of MBA in HR?

MBA in HR is available in the following modes:

  • Full-Time MBA in HR 
  • One Year MBA in HR
  • Online MBA in HR

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