It is a widely known fact that Master of Business Administration ( MBA ) is a globally accepted degree and can be very beneficial for individuals who wish to foray into the management sector. One of the most popular fields of master of business administration is Human Resource Management.
Human resource management is the center of almost all the corporate firms as it is directly in contact with all the employees and manages their work as well as expectations. MBA in human resource management (HRM) is a good option for candidates who are outspoken and have good communication skills.
Aspiring candidates can also pursue PGDM in human resource management to get lucrative job offers after completion of the course. Check out the details of HRM below:
Type of Courses in Human Resource Management:
Name of the Programme | Type of Programme | Duration | Total Fees (Approx.) |
---|---|---|---|
MBA in Human Resource Management | Postgraduate Degree | 2 years | Rs. 4 lakh to Rs. 8 lakh |
PGDM in Human Resource Management | PG Diploma Programme | 2 years | Rs. 7 lakh to Rs 15 lakh |
Integrated BBA-MBA in Human Resources | Postgraduate Degree | 2 years | Rs. 4 lakh to Rs. 10 lakh |
M.A. in Human Resource Management & Labour Relations | Postgraduate Degree | 2 years | Rs. 2.5 lakh to Rs. 4 lakh |
M.A. in Human Resource Management | Postgraduate Degree | 2 years | Rs. 2.5 lakh to Rs. 4 lakh |
B.A. in Human Resource Development | Undergraduate Degree | 3 years | Rs. 22,000 to Rs. 2 lakh |
Diploma in Human Resource Development | Diploma Programme | 1 year to 3 year (depending on the institute) | Rs. 30,000 to Rs. 50,000 |
Advanced Diploma in Human Resource Management | Diploma Programme | 1 year | Rs. 14,000 to Rs. 30,000 |
Ph.D. in Organizational Behaviour & Human Resource Management | Doctoral Programmes | 3 years to 5 years | Rs. 2.5 lakh to Rs. 7 lakh |
About MBA in Human Resource Management:
Human resource management, as the name suggests, teaches you about strategies that improve quality and increase the human output in corporate, private as well as public sectors. Education is imparted through case studies and with the help of problems that exist in companies.
Apart from that, the programme is also closely related to the employee welfare schemes and ensuring that labour welfare rights are followed in the place of work. HR managers also ensure the retention of employees, their compensation and reward them whenever deserved.
Popular Subjects in Human Resource Management:
- Organizational Behavior
- HR Management
- Marketing Management
- Finance Management
- Cost Management and Accounting
- Operations Management
- Strategic Management
- Business Analysis
- Information Systems
Eligibility Criteria for Human Resource Management:
Type of Programmes | Eligibility Criteria |
---|---|
Diploma Programmes |
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Undergraduate and Dual-Degree Programmes |
|
Postgraduate Programmes | |
Doctoral Programmes |
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Popular Human Resource Management Firms:
In the corporate world, each firm has a Human Resource division to manage the employees. However, some of the companies outsource their human resource work to professional companies. Some of the popular firms in this field are as follows:
- SutraHR
- ABC Consultants
- Adecco India
- AON Hewitt (previously Hewitt Associates)
- CareerNet
- Global InnovSource
- IKYA Human Capital
- Kelly Services India
- ManpowerGroup India
- Randstad India (previously Ma Foi Randstad)
Salary Scope in Human Resource Management:
The starting salary after pursuing bachelor’s degree in HR varies from Rs. 10,000 to Rs. 25,000 per month. However, after pursuing PGDM or MBA in Human Resource Management, the salaries can vary from Rs. 3.5 lakh to Rs. 8 lakh per annum depending on your skills and caliber.
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