The “Human Resource Management” is a function that involves in the process of hiring of the workforce, providing development & training, maintaining workforce regulation, assessment of their performance, providing compensation & benefits, motivating, relation with labour, health, welfare and safety assessment”.
MBA in HR (Human Resource) is one of the most opting specializations of management study. It is a challenging and stimulating programme of management.
The HRM was started as the discipline of the education and in a profession in the year 1913 as the labour management in England.
The students always think that, why to do MBA in HRM. There are some other specializations in MBA curriculum, then after what is the scope of HRM.
It is the age of industrialization in all around the world. Many industries are being established in many countries. HRM is the backbone of any industry in order to the skilled and knowledgeable workforce.
MBA in HRM allows the students to develop the general management skills in the first year and the learning about human resource practices in the second year.
In the curriculum of the course, the students are taught about the strategic management, human resource development and legal aspect management. The students are taught about the cultural, social and economic factors that influence employees’ relation.
The specialized fields of this course are:
Training and Development
Recruitment and Selection
Compensation and Benefits
Labour Welfare and Social Security
Jobs & career
There are various job opportunities in the field of human resource management. all industries need to hire an HR administrator(s) to settle and handle the activities regarding the hiring of employee, their benefits, compensation, salary settlement, training & development and maintain the work performance of the employee, and ensure that all activities is done as per the company policy.
An MBA in HR graduate can work in the industries, corporate, colleges & schools and MNC’s. There are a sufficient number of job in India, and off-course there is a great opportunity to work in abroad.
Some of the job titles of this field are:
Employee Relations Manager
Employment or Placement Manager
Director of HR Training and Development
Organizational development and change consultant
It is a well-paid field. A well-experienced MBA graduate in HR specialization can earn the 2 lakh to 5 lakh per annum. The remuneration is a subject of the profitability, geographic location, organization level and personal qualification and experience.
Graduate (10+2+3) degree or equivalent from any recognized University with at least 50% marks in aggregate (45% in case of SC/ST and OBC candidates), without any approximation in the Graduate Examination.