Master of Business Administration [MBA] (Human Resource Management)

In recent times, there has been a growth in demand for skilled HR professionals in both public and private sectors. HR Professionals form the backbone of an organization, as they are responsible for maintaining a cordial relationship between an organization and its employees. Currently all big and small organizations hire HR personals as they are crucial to the formation of a company’s culture.

Check MBA in Human Resource Management Syllabus

The function of an HR in a medium to large corporate organization can be broadly defined in the following five categories:

  • Administration
  • Employee Relations
  • Talent and Compensation
  • Business Partnering
  • IT Platforms – Learning and Development

Generally there are two kinds of HR Professionals – Specialists and Generalists. While Specialists focus on any one area of recruiting and training, Generalists handle multiple roles and tasks.

An MBA degree in Human Resource Management prepares an individual for the following positions in an organization:

  • Human Resources Manager
  • Employee Relations Manager
  • Compensation or Benefit Analyst/Manager
  • HR Information Systems Manager
  • Training and Development Manager
  • Labor Relations Manager
  • Staffing Director

Top Recruiters for MBA in HRM

Some of the top recruiters for MBA in HRM degree holders are:

  • ABC Consultants
  • Adecco
  • Randstad India
  • Manpower Inc.
  • Mantech Management
  • Ernst and Young Private Limited

Banks in private sectors also employ MBA in HRM people in positions of Assistant Manager and HR Manager. Some of the reputed banks which seek MBA in HRM are:

  • ICICI Bank
  • Axis Bank
  • HDFC Bank
  • Syndicate Bank

Career in Public Sector

People with an MBA degree in HRM wishing to work in public sector also have multiple job options to choose from. Such candidates can work as management trainees for Public Sector Undertakings or work in administrative positions for different departments. Some of the public sector undertakings are:

  • Steel Authority of India (SAIL)
  • National Thermal Power Corporation (NTPC)
  • Bharat Heavy Electricals Limited (BHEL)
  • Food Corporation of India (FCI)

Career Growth

Any medium or large organization needs an efficient HR department. Even Startups are lining up to hire skilled HR Professionals. In its Annual HR Survey report, HRhelpdesk.in, has projected the growth of HR careers and salary increment. With data accumulated from about 600 participating companies, HRHelpdesk has predicted an average 12% increase in salary for HR Professionals over the next few years.

The maximum increment is seen in Heavy Engineering, Media and Real Estate sectors with an increase of 13%. Manufacturing, FMCG, E-Commerce are also expected to witness a decent increase in salary ranging from 10-12%. 

MBA in Human Resource Management: Salary Trends

The average entry level salary for MBA HRM graduates depends upon many factors. The most relevant factors are usually the institute of study, job position, and sector of employment.

When it comes to institutes, the IIMs certainly fill some of the top spots for average salary offered to HRM graduates IIM Bangalore at the top. Below is an institute wise analysis of average salary offered to MBA –HRM graduates.

Institute Wise Salary trend for MBA in HRM

However, average salary offered also depends upon the job profile of a candidate in an organization. Here is a graph to better explain the salary range for different job positons.

Annual Salary Package for various Job Positions for MBA in HRM

Another factor which largely affects the average salary offered to an MBA graduate in Human Resource Management is the Employer. Average annual salary for an HR Professional varies across companies and organizations.

Company Name

Salary Range

Radstand

2 Lakh INR – 14.5 Lakh INR

Adecco PeopleOne

1.7 Lakh INR – 6.5 Lakh INR

ABC Consultant

2.5 Lakh INR – 7.5 Lakh INR

IKYA

1.5 Lakh INR – 4.5 Lakh INR

TeamLease Services

1.6 Lakh INR – 4.8 Lakh INR

Salary offered also increases with experience in the field. Below is a graph to explain the growth for HR Professionals in terms of experience.

MBA HRM Experience Growth Chart

Gender Wise Salary Distribution

It is a common perception that Women tend to be better as HR Professionals because they have a better Emotional Quotient (EQ) than Men. The ratio of female to male in MBA HRM program is better than that in any other MBA program with about 273 females per 100 males. In terms of employment too, many organizations prefer female HR professionals over male HR professionals. In India, the percentage of women working in the HR professions has increased from 33% in 2006 to 47% in 2011. The average salary paid to women and men in an HR job does not vary much. The gender wise average salary for men and women is given below:

Gender

Percentage

Average Annual Salary Range

Female

47%

1.8 – 7.5 Lakh INR

Male

53%

2 – 8 Lakh INR

Master of Business Administration [MBA] (Human Resource Management) : 58 answered questions

VIEW ALL

Ques. Is it worth doing a PGP HRM at IIM Indore?

● Top Answer By Aaditya Hari Nair on 24 Aug 21

Ans. IIM Indore started a Post Graduate Program (PGP) in Human Resource Management (HRM) in the year 2018. It has been only a few years since the program started so it is a bit too early to say if it is worth it or not for everybody. However the exposure the students get and the faculty is top-notch.  The course design is really very good and can be compared to even top HRM institutes such as TISS, XLRI Jamshedpur, and MDI Gurgaon.  The HRM students study the first year with the regular MBA students and thus get a fair idea about general management as well. The institute conducts industry visits, internships, seminars, and workshops regularly so that the students get an idea of the real business working conditions.  The college also has an Industrial Interface Program (IIP) which is separate from the regular summer internship program. It gives you exposure to the real world of business. So I would say that yes it is worth doing PGP HRM from IIM Indore.Read more
0
0
1 Answer
●●●

Ques. What is the average package for MBA(HRM)at IIM Indore?

● Top Answer By Aaditya Hari Nair on 20 Aug 21

Ans. By what is claimed by the placement committee, the average package was witnessed to be 13 LPA or slightly above. The appropriate average salary package students usually secured were about INR 9 LPA to INR 10 LPA. Here are the details of the 2021 placement report of IIM Indore. Criteria Statistics and Salary Packages (2019-21) Total Number of recruiters 210+ Latest recruiters 40+ Highest international Salary Package INR 56.8 LPA CTC for the Top 100 Students INR 33 LPA Average Salary Package INR 23.6 LPA Median Salary Package INR 22.6 LPA Major Recruiting Sectors Finance and Sales & Marketing Top Recruiters Amazon, BCG, Cipla, PwC, Deloitte, Optum, BCG, Amazon If you factor in the batch size (500+), the placements are pretty great at IIM Indore.Read more
0
0
1 Answer
●●●

Ques. Which is best for MBA HR: SIBM Pune or NMIMS Mumbai or SCMHRD?

● Top Answer By Keshav Jindal on 16 Jul 21

Ans. The colleges that you have mentioned are quite old and reputed, leaving behind a history of a great placement record and a bright future. Human Resources has become a promising field in today’s time. A good HR assures that the aspects of the business they work for proves to be fulfilled along with allowing the employees their own space wherein they give importance to the clients. Based on certain parameters, allow me to compare all the three institutes so that it gets convenient to choose the B-School of your choice. Categories SIBM Pune NMIMS Mumbai SCMHRD Course Fee 17.26 lakh 6.04 lakh 11.94 lakh Highest CTC 35 LPA 16 LPA 18-21 LPA Average CTC 18 LPA 8 LPA 10 LPA Recruiting Companies Crisil, HSBC, etc. Berger, ITC, etc. Mindtree, ICICI Bank, etc. My suggestion would be to consider NMAT and even SNAP so that you get a better view to choose from. Some promising prospects are indeed offered by NMIMS and SIBM-P, but I believe you should go for that particular institute which is reputed for its HR department.Read more
0
0
1 Answer
●●●

Ques. Is it worth doing an MBA in HRM from Doon Business School, Dehradun?

● Top Answer By Nikhil Raj on 15 Jul 21

Ans. Doon business school's MBA program is affiliated with Uttarakhand Technical University, and this MBA program is highly industry oriented. Doon Business School is one of the best business schools in Uttarakhand. The school provides its student an opportunity to get a good job in a different sector. Doon provides global certification in SAP in five different modules along with dual specialization in PGDM. Doon provides life skill that enhances your internal growth. Pros of MBA at Doon Business School - Curriculums are enhanced with industry interface lectures from industry personnel. DBS's location gives an added advantage for life projects as the institute is located next to the green industries housing Samsung, Videocon, Rasna, Woodland, Elder Pharma, etc. Attractive scholarships are available for meritorious students. At DBS each student gets the opportunity to appear in more than 100 companies each year and each student can get the optimum placement deserved. Here is a brief outline of the MBA course offered by DBS. Particulars Stats Total fees 6.12 - 8.01 Lakhs Placement percentage 100% Highest salary INR 18 LPA Average salary INR 5.5 LPA Lowest salary INR 3 LPA Top recruiting companies are Flipkart, HDFC Bank, ICICI Bank, Byju's, and Upgrade.Read more
1
0
1 Answer
●●●

Ques. How about studying PGDM SM at Jaipuria, Jaipur?

● Top Answer By Admin on 30 Jun 21

Ans. MBA or a PGDM in the Service Management branch, Jaipuria Institute of Management (Jaipur) would be a good choice. With India becoming a service-based economy, these courses have huge potential. Jaipuria is a reputed name in management education. Recent NIRF ranking suggests it is comparable with IIM Udaipur. Given its legacy in management education, you can expect seamless delivery of the PGDM SM course. New courses generally have an uncertainty of placements. But this is not a problem for Jai[puria as a vast pool of recruiting companies to visit the placement drive. The institute also successfully secured internship offers for all students of PGDM SM’s first batch. Also, Jaipuria is truly a student-friendly institute. Help with everything from training, mentoring, coaching, industrial visits, guest interactions, international tie-ups, etc. The faculties are great and go the extra mile for students. Overall Jaipuria will be a great choice for PGDM SM.Read more
0
0
1 Answer
●●●

Comments



No Comments To Show

Master of Business Administration [MBA] (Human Resource Management) Colleges IN INDIA

View All
2.24 L first year fees
VIEW ALL COURSES & FEES
3.14 L first year fees
VIEW ALL COURSES & FEES
1.54 L first year fees
VIEW ALL COURSES & FEES
4.21 L first year fees
VIEW ALL COURSES & FEES
3.43 L first year fees
VIEW ALL COURSES & FEES
NIT Trichy
Tiruchirappalli, Tamil Nadu
AICTE
97.25 K first year fees
VIEW ALL COURSES & FEES
Christ University
Bangalore, Karnataka
UGC
3.8 L first year fees
VIEW ALL COURSES & FEES