Why Pursue an MBA in Human Resources?
For professionals and recent grads, an MBA is one of the best career options. It makes pupils ready for managerial positions. Develop and hone abilities to handle pressure at work, a problem-solving mindset, and creative job-related approaches. MBA colleges in Delhi offer numerous specializations available. Popular areas of specialization are.
Taxation, finance, market strategy, derivatives, and international finance are just a few of the subjects covered in an MBA finance degree. Accounts manager, finance manager, financial analyst, etc. are all possible career options for graduates from MBA colleges with fee structure.
The international market, brand development, marketing techniques, etc. are highlighted in an MBA in marketing. Students who finish this specialization from top MBA colleges in Greater Noida can work as Marketing manager, market research analyst, promotional manager, etc.
As the name implies, an MBA in human resources focuses on the organizational human factor. It entails hiring, staffing, and workforce management. HR managers, salary managers, consultants, etc., are common job profiles in this specialization. A thorough list of job profiles will be examined later in the article.
MBA in Human Resources scope
MBA in Human Resources focuses on the management of a company’s staff effectively and efficiently. The HR specialists serve as a link between employees and the business. They are in charge of selecting the best applicants for their business, negotiating salary, organizing training, and looking out for the well-being of the workers. HR professionals are the backbone of any organization and they are required in almost every domain from FMCG, and healthcare to agriculture, finance, IT-intensive sector, etc. HR specialists are needed by any business to manage their personnel. Most Companies directly visit top MBA colleges in Greater Noida to recruit MBA graduates in various specializations including human resources.
According to an Indian Labor Ministry report, there will be a 10% increase in the employment of human resources specialists by 2030 in India. As a result, more and more students are seeking admission in MBA colleges in Greater Noida with fee structure.
Importance of Human Resource Management in Business
HR is the organization’s lifeblood. Every organization has certain employee rules, regulations, policies, and processes, and the HR professional is responsible for carrying them out correctly. The roles and duties an HR professional does inside an organization are listed below.
Recruitment: HR experts are familiar with the organization and the type of workforce it needs. They create adverts in that manner.
Hiring qualified candidates: They continue the selection process, hold various rounds, and choose the top applicant for the organization and in accordance with its requirements. Most HR managers collaborate directly with MBA colleges in Delhi to recruit fresh graduates in the specialization.
Training: Providing ongoing training and holding seminars for employees’ education and development is one of the HR department’s crucial responsibilities.
Dispensing Salaries: Payroll administration is a crucial task that an HR professional must perform frequently. They are in charge of figuring out how much should be paid in salary, bonuses, and reimbursement for expenses.
Keeping an employee database up to date: They must keep an employee database up to date with all of their pertinent information.
Creating and modifying policies: They create policies for the advancement and well- being of employees. They continue to update these policies as needed to meet the needs of the organization and the workforce.
Ensuring Employee Satisfaction: A company with low staff turnover is thought to be among the best in the industry, so keep an eye on employee happiness. The HR specialists are essential to make it happen. They continually ask for employee feedback and work to keep the best workers.
Assisting managers: The HR division regularly helps managers in various areas manage their personnel and give them the necessary knowledge and training.
Who ought to pursue an MBA in HR?
Having an MBA in HR from top MBA colleges in Greater Noida will give you extensive knowledge of human resource management. If you have a penchant for analyzing individuals, their behavior, attitude, and understanding their core skills, this is the right profession for you. Whoever possess the underlying abilities and skills can work as an HR professional in any suitable company:
The work of an HR professional requires staying in touch with every worker and stakeholder. Thus, they should speak fluently to ensure vibrant communication and fill the communication gap between employees and employers.
They will spend most of their time interacting with people. The most unpredictable aspect is human beings. They ought to be someone who takes pleasure in learning about human psychology.
They must be able to overcome tough situations and emotional pressures. If you tend to avoid challenging tasks or quickly yield against unwanted situations, you should stay away from this line of work. A person with a strong mindset and emotional intelligence to overcome such situations can benefit from earning an MBA in HR from MBA colleges in Greater Noida with fee structure.
Students who want to pursue a management degree with a focus on HR from MBA colleges in Delhi must possess an undergraduate degree in any stream with at least 60% marks. If you want to get admission in CAT colleges, you need to clear the CAT entrance exam first and attend the counseling session of your selected CAT College.
Career Scope of MBA in Human Resources
Many work opportunities will become available to those with an MBA in HR from top MBA colleges in Greater Noida. These are the main employment roles in the profile:
The major responsibility of the human resource manager is to oversee and manage the operation of the organization’s human resources division.
Human resource consultants
Human resource consultants are typically outside of the organizations and are subject matter experts. They are employed to offer management of the organization proposals and qualified
counsel.
The average salary of Human Resource Consultants in India ranges from INR 5 Lakh to 8 Lakh.
Human resource specialists
Global companies frequently refer to human resource specialists from abroad as global human resource specialists. They are experts who assist people in relocating abroad and locating work in other nations.
The average salary of a Human Resource Specialist in India ranges from INR 6 Lakh to 10 Lakh.
International Human Resource Specialists
People often refer to international human resource specialists from abroad as global human resource specialists. They are experts who assist people in relocating overseas and finding employment in other nations.
The average salary of an International Human Resource Specialist in India range from INR 5 Lakh to 6 Lakh.
Human Resources Generalist
This job profile oversees the daily operations of the human resources division. They attend to employee concerns and work quickly to find solutions. It is a work profile for a beginner.
The average salary of a Human Resource Generalist in India range from INR 3 Lakh to 6 Lakh.
Director of HR Training and Development
They organize numerous seminars and train new hires and workers. They hold these numerous training sessions to maintain the workforce current and to impart to them various essential knowledge regarding various HR policies.
The average salary of the Director of HR Training and Development in India range from INR 8 Lakh to 20 Lakh.
Staffing Director
They play a crucial function in the HR division. They are in charge of creating transfer rules, staffing policies, and promotion procedures, among other things. Most staffing directors also develop ties with MBA colleges in Delhi to FastTrack the recruitment process.
The average salary of a Staffing Director in India ranges from INR 8 Lakh to 12 Lakh.
Technical Recruiter
They specialize on technical capabilities and are technical recruiters. Their major objective is to continue the technical interview round with job hopefuls and choose the best ones for the open openings. They are essential for fields that assess applicants for specific abilities, including banking and IT.
The average salary of a Technical Recruiter in India ranges from INR 4 Lakh to 7 Lakh.
Manager of Employee Relations
This person serves as a liaison between the company and its workforce. They bridge the gap and fill it. They pay attention to the concerns and issues raised by the staff and try their best to address them. They are working in the organization’s and the employee’s best interests.
The average salary of an Employee Relation Manager in India ranges from INR 10 Lakh to 15 Lakh.
HR Manager Compliance
The government has enacted a number of laws and rules that businesses must follow.There are labor rules that the department must design the policies in accordance with. The compliance manager monitors how these laws are being applied.
The average salary of HR Manager Compliance in India ranges from INR 5 Lakh to 8 Lakh.
Professor of HR
A person can enroll in top MBA colleges in Greater Noida and become a professor. But for this, the applicant must be well-versed in and comprehend all HR-related topics.
The average salary of HR professors in India ranges from INR 4 Lakh to 6 Lakh.
Conclusion
It’s not simple to manage an organization’s human resources. Because of the participation of the human aspect, which is frequently unpredictable, it is one of the most difficult professions. An MBA in HR from MBA colleges in Delhi will help you gain all the necessary skills to manage human resources. In any industry, HR personnel are necessary. Companies will require HR professionals for efficient management anywhere there are employees.
