Courses Overview : MBA In Human Resources(MBA In HR)

What is MBA in HR (Human Resource)?

Master of Business Administration or MBA in Human Resource Management is a 2-year post graduate program and is open to individuals with a Bachelor’s degree in any stream. MBA in HR is perfect for individuals with good communication skills and an ability to envision a larger picture for an organization. At present, skilled HR Professionals are required in all public and private sector organizations.

MBA in HR has acquired the status of one of the most preferred MBA courses in India. The MBA in HR in full form is a Master in Business Administration in Human Resources. MBA in HR is a full-time 2 years MBA/PGDM program offered by many top MBA colleges in India as an exclusive MBA program while many other top colleges offer MBA HR as one of the specializations in their flagship MBA/PGDM program.

XLRI Jamshedpur, Xavier University Bhubaneswar, TISS Mumbai, IIM Indore, and SCMHRD Pune are well known for their exclusive specialized MBA HR programs. In addition, there are more than 100 B-schools offering MBA HR courses in India.

Managing and retaining the best human resources at the workplace has become a challenge and therefore the demand for candidates who have done MBA in HR is growing year after year in the corporate industry. With increased recognition of the critical issues in managing human resources in business organizations, the specialists – MBAs in HR are in demand today for deploying their skills to hire, manage and retain talent in these dynamic & challenging times. Accordingly, MBA in HR Jobs has also seen a good rise in campus placements at MBA colleges.

Highlights

Types of MBA in HR

MBA in HR is available in different types and modes. Each mode of providing MBA in HR is specialized towards a specific section of students. 

Full Time (2 Year MBA in HR)

Full time MBA in HR is a 2 years professional degree course that provides knowledge to students regarding how to manage human resources with proper efficiency. A full time MBA in HR fees range from INR 4 Lakhs - 25 Lakhs depending on the college.

• MBA in HR Admissions takes place based on MBA Entrance Exams conducted either at National or State level. Some of the top MBA entrance exams are: CAT, CMAT XAT,GMAT, MAT, SNAP, IBSAT
• MBA Entrance Exams are conducted both on an All India Basis and on State Level. Most State Level MBA Exams cater to the local MBA in HR Colleges that are present in the state. These MBA in HR colleges also take in other all india MBA entrance Exams. Check Out: MBA HR in TISS

Executive MBA in HR

An Executive MBA in HR is an advanced post graduate diploma course that can be pursued by working professionals who are looking to improve/further their skills in the domain of human resource management.

This is a specialization offered under the Executive MBA. Most colleges in India offer a PGP for executives but the only difference is that an MBA requires the institute to be affiliated to a university. See: Executive MBA in Hr Jobs

Human resources is a function of management which balances the expectations of employers and employees to ensure that business targets are met while satisfying employees simultaneously. See: Executive MBA Hr Syllabus

One Year MBA in HR

Working professionals who do not wish to leave their jobs to pursue MBA can go for One Year MBA courses. There are multiple top MBA in HR colleges in India offering one-year MBA in HR courses, the top ones being IIM Ahmedabad’s MBA-PGPX.

• GMAT scores or GRE scores of 650 or above are required for One Year MBA Admission. The students need a work experience of a minimum of 5 years or above.
• 2 Year Work Experience is required in Top MBA in HR Colleges, like ISB Hyderabad and Great Lakes 
• One year MBA is very popular abroad, Kellogg one year MBA program is one of them, offering an accelerated one year MBA from the month of June, in subjects like Strategy, Management, Resource management etc.
• The one year MBA in HR fees are generally much higher, but there are some colleges like SOIL Institute of Management that provide MBA in Hr in one year MBA mode. 
• The average fee is INR 12,86,000 for one year MBA in Hr. 

MBA in HR Online

• Online MBA in HR courses are offered by many UGC-approved MBA in HR colleges like Assam Don Bosco University, Amity Noida, Jaipur National University, NIBM Pune etc.
• Top MBA in HR Colleges in India have started online MBA in HR courses, including the IIMs and other private B schools.
• Online MBA in HR Courses do not require you to attend class-room lectures, and offer a course curriculum according to your time schedules.
• MBA Eligibility criteria for Online MBA is graduation in any stream with a minimum of 50% marks, i.e., the same requirements as a regular MBA course.

Admission 2022

MBA in Hr Admission is done on the basis of either various entrance exams such as CAT, MAT, SNAP, CMAT etc, or on the basis of merit. After qualifying the entrance exams, the student has to go through a Group Discussion and Personal Interview Round which is conducted to further screen the students.

• Apply for an Entrance Exam: The student must select MBA in HR colleges and check for the entrance exams required. It is advised to give CAT since CAT score has national acceptance.
• Appear for the Entrance Exam: The student must prepare and sit for the MBA entrance exam. The Entrance Exams are MCQ based. 
• Shortlisting Process: MBA in HR Colleges shortlist students on the basis of scores obtained in the entrance exams. The students must qualify for the cut off list to be eligible for the next round included in the admission process.
• Final Admission Round: MBA in HR Colleges conduct these rounds to further test a candidate’s ability and skills through Group Discussion (GD), Written Ability Test (WAT) and Personal Interview (PI).

 MBA in HR (Human Resource) For Eligibility?

Students must check the eligibility criteria in order to be able to appear for MBA in Human Resource Management. Almost all MBA in HR colleges follow more or less the same eligibility criteria, they are as follows: 

• The student must have a Bachelor’s degree in any discipline, with an aggregate marks of 50% or an equivalent CGPA score from any recognized University / College
• A relaxation of 5% is granted to students who are from the SC/ ST/ PWD background. Check: MBA eligibility
• Final year candidates are also eligible for applying for the course, however their admission will be subject to changes depending on their final results.

MBA in HR Entrance Exams?

MBA in HR Entrance Exams include CAT, MAT, XAT, CMAT etc. 

CAT

Common Admission Test (CAT) is an entrance exam to take admission into 2 year MBA programs at 20 IIMs in India. CAT is scheduled in November 2021 and the registration process will begin in July. The eligibility for taking the CAT exam is 50% marks in graduation, for reserved categories the qualifying marks are relaxed up to 5%. All MBA in HR colleges in India accept CAT marks for MBA Admissions

MAT

MAT is a national level entrance examination carried out by AIMA. MAT 2022 scores are accepted in 600+ MBA in HR colleges in India. Management Aptitude Test is conducted in four sessions a year - February, May/June, September and December.

CAT vs MAT

MBA Top Entrance Exams include CAT and MAT. These two MBA entrance exams are accepted by almost all MBA in HR Colleges in India. The exam pattern for CAT and MAT differs slightly. IIMs accept only CAT Scores.

Preparation Tips For MBA In HR 

The Aspirant Needs To Be Well Aware Of The Course And Be Prepared For Practical Knowledge, Logical Reasoning, And Critical Thinking To Excel. Listed Below Are Some Of The Tips That The Aspirant Can Go Through For Successful Completion Of The Course:

Get Hold Of The Course Syllabus: The Aspirant needs To Understand The Exam Pattern And Structure And Study Accordingly.

Make A Timetable: The Aspirant Can Go Through The Course Syllabus And Make A Month-wise Plan According To The Syllabus. This Will Help Him Understand His Progress, And Also Will Help Him Study Better.

Tips for Pursuing a Career in Human Resource Management?

For those of you wanting to pursue a career in human resource management or HRM, this article is intended to give some guidance and tips on how to succeed in the field. First, if you want to become an HR professional, choose your institute wisely. This means that when you want to be a HR professional, your choice of the MBA Institute matters a lot. For instance, in the US, there are many top notch B-Schools that offer dedicated courses in HRM. To be accepted in one of them, you need to first narrow down the B-Schools that offer the HR program and then apply accordingly. Some of the B-Schools that are good for pursuing HR programs are also in the top fifty for general MBA courses. Further, when you are applying to these programs, make sure that you buttress your application and the SOP or Statement of Purpose with enough details about your people management skills. Ideally, your SOP should not be too flowery or idealistic in the sense that you should not make sweeping statements about your skills and abilities. On the contrary, stick to the facts and include relevant details about your experience in managing people.

Summer Internships and Placement Strategies

In other parts of the world, B-Schools like INSEAD, Asian Institute of Management in Manila, XLRI in India, the Business School attached to the London School of Economics; Universities in Singapore are good bets for pursuing a dedicated program in HR. Next, once you have entered the MBA program with specialization in HR, try and get a summer internship in a premium organization that has cutting edge HR policies. Often, many MBA students opt for summer internships in well established and well known multinationals so that they can get PPOs or Pre-Placement Offers that obviate the need for fighting it out in the final placement sessions. Of course, if you feel that you are going to get a PPO, then you can opt for summer internship in the established companies. However, if you feel otherwise, then it is best to try out middle tier and startups where the HR staff is in the process of designing HR policies. Getting into these companies would give you the benefit of working directly with HR policy formulation and understanding the nuts and bolts of how HR professionals work.

Stepping into the Real World

The next phase is when you are actually recruited as an HR professional in a company. Once you are in any company that hires you, you need to remember that you are not straightaway given responsibilities but are instead asked to apprentice with the senior staff. Hence, do not be disappointed if you are a bystander in meetings and other sessions where sometimes you have to be a water carrier (both literally and metaphorically). This is because most companies work on the assumption that while the MBA course would have given you theoretical insights, real world experience is best gained by observation and practice. You must use this time to gain, as much exposure as possible and without being a smart Alec must contribute to the organization in whatever way they deem and whichever way you can. What this means is that you must utilize all opportunities to make your presence felt without overstepping your boundaries.

Closing Thoughts

Talking about boundaries, one of the most important skills that HR professionals can have is to respect the boundaries (physical and mental) between people. Indeed, we can say that the differentiating factor that determines success or otherwise of HR professionals is to know the difference between what is personal and what is professional. This would be covered in detail in subsequent articles. It would suffice to state here that this aspect is representative of the skills and abilities that you must learn while playing second fiddle to your boss. Finally, once you are given responsibilities of your own, it is time to put your theoretical knowledge and practical exposure to work. A parting word of advice is that do not be too eager to show off your theoretical knowledge in your interactions as most companies value insights over theory and experience and expertise over textbook knowledge.

The HRM Function and Its Role in Recessionary Times

The Case for the Importance of the HRM Function even in Recessionary Times

In these recessionary times, it is tempting for the companies to cut the budgets of the HRM function and focus on cost control and trimming as a means of profitability. Further, with the squeeze on hiring by many companies, one of the key activities of the HRM function, which is the hiring, and on boarding activity remains frozen. Therefore, there is more the case for pruning the HR budgets. However, companies need to realize that there is a strong correlation between people management and economic performance that has been conclusively proved in recent research by the consulting firm, Boston Consulting Group or BCG. The research that focused on how companies that do well on talent management, leadership development, and performance management have been shown to have significantly higher economic performance. What adds to this research is the anecdotal evidence from many multinationals that seems to prove the hypothesis that excellent HR policies makes for a well-motivated workforce that can ramp up their performance to match the increased expectations of companies during recessions. The implications are that in case organizations want to do more at the same cost, they must focus on Processual cost cutting instead of on HR budgets alone.

Why Study MBA in HR?

• Instead of going for any Masters degree, an MBA degree will provide you with prestige in the industry.
• Human Resource Management is a very stable industry since almost all large firms need to hire Hr Managers in order to look after their employees. See: why MBA?
• MBA in HR provides an opportunity to get better pay. People get a hike of around 50% after completing MBA in Human Resource Management. Check:  MBA specializations
• Leadership roles are common after an individual completes an MBA in HR. They get to control and manage the workforce according to the needs of the organisation. See: MBA HR Syllabus
• There are various scopes after MBA in HR since students have the option of doing various courses after MBA in HR. These courses like Certified Talent Management Practitioner Program, SAP HR Certification etc. Check: MBA scope

Who Should Study?

• Students who are interested in management of personnel can do MBA in Hr.
• MBA in Hr promises a high MBA salary for individuals who have the required MBA skills. Individuals who want to manage personnel should have a try in MBA in Human Resource Management
• Students who are passionate and ethical to their work and want to keep the employee morale high can do this course.
• MBA in Human Resource Management provides an opportunity for the students who are not content studying their present subjects. 
• Almost any student or working professional can do an MBA Hr in part-time and MBA online mode. This makes it students or professionals with less time and money to avail the course. Check: MBA Distance
• Professionals with hefty work experience have the opportunity to move up the ladder since MBA in HR Colleges do not discriminate on the basis of age. Check: MBA with or without Experience

When to Study MBA in HR?

MBA in Human Resource Management is like an investment and like all investments the timing needs to be good in order to enjoy the returns. The perfect time of doing an MBA depends on the individual. 

• Doing an MBA in Hr just after graduation with no work experience may lead to less returns. To hold a high position in Hr, the student must have 3-4 years of work experience to get proper returns on doing MBA in Hr.
• MBA in Hr is pretty expensive due to its high demand. Students must be prepared to invest that kind of money before jumping in. Lack of money during the end year may lead to semester loss.

Thus it all depends on the reason. If the student has a good reason for doing an MBA degree then all the time is a good time for doing an MBA degree. Students must evaluate what MBA will add in the life of the student. MBA is something which helps in our personality development by bringing new perspectives to our mind.