What are the Career Options and Prospects after an MBA in HR?
Human Resource Management is taught as part of the MBA curriculum at B-Schools across the country. Many colleges also offer HR courses at graduation level. MBA is a 2 years’ course taken up after graduation or equivalent degree. The admission into the MBA course is generally held on the basis of a written test, group discussion and personal interview. Separate tests are conducted by different institutes like CAT by IIMs, MAT by All India Management Association, and XAT by Xavier Institute etc. Besides, there are executive MBA (HR) programmes offered by some institutes which require a minimum level of experience.
The main task of HR/ Human Resource Managers is the efficient use and development of available skills and talent of the employees within the organization. Thus they are highly required in public as well as private sector organizations. Human Resource managers can seek employment in public and private sector industries, banking and financial institutions, corporate houses and multinational companies. Personnel manager also can aspire to be employed in services sector particularly IT companies who are dealing with huge number of employees now days. Big firms have their permanent personnel manager. But small companies hire services of Human Resources consultants.
Skills needed by an HR professional
Ability to understand human relations
Ability to mould your style of operation as per staff needs
Strategic planning through people development
Understanding of different cultures
Excellent communication skills
Ability to take a hard call, to create a win-win situation for the organisation and staff
As a general MBA graduate, Personnel Manager gets Rs 20000 to Rs 30000 starting salary per month particularly in private sector. In public sector the pay scale is lower than that of private sector. The pay scale may go up depending upon qualifications, ability and experience of the person concerned. At a senior level, an MBA graduate with Human Resources as specialization can well go up to Rs 50000 to Rs 60000 per month. Besides those who have taken up consultancy as a career are also getting handsome returns.