Aayushi
31 July, 2024
Table of Contents
“Human Resources isn’t a thing we do. It’s the thing that runs our business.” – Steve Wynn
Human Resource Management is one of the specialisations in MBA degree courses. Getting an MBA in HRM is a challenging career that requires a solid understanding of human relations. The need for HR specialists is increasing. HR is known to recruit the finest candidates for open positions, manage and guide them, and assemble the most capable team for the business. The HR specialist requires leadership, negotiating, great communication skills, and the ability to create positive outcomes for the company and employees. Many career options are available after an
MBA in Human Resource Management such as Human Resources Manager, Training and Development Manager, Human Resources Consultant and Labor Relations Manager. Read the blog further to know more about career options in HR and the salaries offered.
Human Resource Management is one of the specialisations offered in MBA courses. It is a 2-year postgraduate programme. If you have completed your bachelor’s from any stream from a recognised university then you are eligible to pursue this degree. You can pursue this in both online and offline modes. Many colleges in India such as Management Development Institute (MDI), Sukhrali, Indian Institute of Management (IIM)–Ranchi, , XLRI – Xavier School of Management, Jamshedpur and Symbiosis Centre for Distance Education offer human resources management specialisation in MBA courses.
Also Read: Online MBA Courses 2024: The Only Guide You Need
There are various career opportunities in the HR field. Check out the list of top 10 career options after an MBA in Human Resource Management.
The Human Resources Manager manages the human resources department of an organisation. They are in charge of payroll management, employee relations, and ensuring all laws and regulations are followed. In addition to managing the division’s workforce, the Human Resources Manager also serves as the head of the HR division. The human resources manager’s job is to assist in defining the organisation’s or company’s culture for the human resources division. They also hold the responsibility to oversee and mentor staff members while also giving them a great work environment.
Training and development managers handle a team of training and development experts, including instructors, programme developers, and instructional designers. Supervisors instruct experts in training techniques, who then mentor new as well as experienced staff members of the company. Training and development managers also plan, coordinate, arrange, and place supply orders for training and development activities for staff members.
Human Resources Consultant is one of the best career options after an MBA in HRM. The demand for an HR has always been high in organisations. An HR personnel is a specialist who maintains the employee life cycle. They are responsible for seeing the employee benefits in the organisation. They investigate and offer suggestions as well as help in counselling for daily HR challenges. A human resource consultant is responsible for creating strategic goals and put HR technology into practice besides hiring and training employees.
Labour Relations Managers in human resources are experts in managing the connection between employers and workers, particularly in union workplaces. They settle disagreements, grievances, and complaints. They are also in charge of negotiating, putting into effect, and upholding collective bargaining agreements. To maintain compliance and equity, they also offer management advice on labour laws, regulations, and best practices.
HRM-related posts are increasing in every sector including ed-tech, market research, audit and IT-related industries. HR analytics is also known as people analytics or workforce analytics. Their role involves obtaining, evaluating, and disseminating HR data. Human Resources professionals can use HR analytics to make well-informed decisions and develop employee-beneficial initiatives that align with company objectives. The job of HR analytics is a data-driven strategy for managing human resources.
This is one of the most underrated job roles in Human Resources. If you have an interest in communicating with people. This is the best entry-level job for you. Executive recruiters are experts with specialised training who recruit suitable candidates for senior-level and challenging job roles. Acquiring knowledge about the executive recruitment procedure can assist you in determining whether hiring these experts can benefit your hiring process. As an executive recruiter, you will frequently work for recruiting firms and interview C-suite or specialised candidates to identify a good fit.
This is the top-level post in the human resources domain. For this post, you will need at least 5 to 6 years of experience. This post offers a high salary range. The chief human resources officer (CHRO) is the top-level management executive in an organisation. CHRO manages the management of an organisation’s HR technology systems and human capital. Chief HR officers are members of leadership groups in HR. They usually supervise HR departments, create policies for HR personnel, and make sure everyone on the team is performing their duties. Additionally, they may work along with CEOs to create corporate strategy.
A talent acquisition manager is an experienced professional. You will be in charge of identifying personnel gaps, creating recruitment strategies, and spearheading employment branding activities. They have excellent sourcing abilities, thrive in full-cycle recruiting, and make sure candidates have a great experience. You will take control of certain hiring and talent acquisition-related duties. Your duties encompass ascertaining the present staffing requirements and formulating strategies for acquiring talent.
If you are good at handling relationships in the organisation you will be a good fit for this role. Employee relations managers have a great scope in public relations organisations. A human resources specialist with expertise in managing the connection between employees and the company is known as an employee relations manager. This post manages conflicts, disciplinary actions, and employee grievances, guaranteeing just treatment and adherence to corporate guidelines and labour regulations.
Staffing is the basic post in every organisation. The staffing director manages the responsibility of organising and participating in candidate and client development events, like job fairs and industry conferences. As a staffing director, you will create and put into practice standard hiring procedures and KPIs, frequently with the use of web-based workforce management and planning applications. You will also manage the budgets, and monitoring of hiring metrics, and client projects. Additionally, they create and put into practice strategic sourcing plans, such as university recruiting, direct sourcing, and e-recruitment.
In the above header, we have discussed career options after MBA in Human Resource Management. Now let’s discuss the salary offered after completing this course.
Job Roles | Expected Salary Range |
Human Resources Manager | INR 10 LPA – 22 LPA |
Training and Development Manager | INR 10 LPA – 25 LPA |
Human Resources Consultant | INR 7 LPA – 22 LPA |
Labor Relations Manager | INR 7 LPA – 20 LPA |
Human Resources Analytics Specialist | INR 8 LPA – 27 LPA |
Executive Recruiter | INR 9 LPA – 28 LPA |
Chief Human Resource Officer | INR 11 LPA – 30 LPA |
Talent Acquisition Manager | INR 8 LPA – 26 LPA |
Employees Relations Manager | INR 8 LPA – 25 LPA |
Staffing Director | INR 9 LPA – 26 LPA |
There are hundreds of career options available after pursuing an MBA in human resource management. You will get opportunities in India and abroad also. Now it depends on your passion and goals which one you want to pursue. It is always advisable to pursue a profession that you have interest in so that you give your best and prosper in future endeavours.
The highest package after MBA HR can go upto INR 30-35 LPA in India. However, the salary range depends upon the level of experience and expertise.
Yes, an MBA in HRM is a good career option. After completion you can work as Chief Human Resource Officer, Talent Acquisition Manager, Employees Relations Manager and Staffing Director. These posts have a high competitive salary in the market.
An MBA in HR opens up diverse career opportunities in India. There is a need for HR in every organisation. Graduates can pursue roles such as HR Manager, HR Business Partner, Talent Acquisition Specialist, Compensation and Benefits Manager, Training and Development Manager.
Combination of HR and finance is the best. You become proficient in both people and data. Additionally, there are many job opportunities available to you, and since you can manage both worlds and be a solution provider, you will earn recognition at work.