According to a report published in Economic Times, the demand for HR professionals saw a 15% increase in 2018 and is expected to grow in the coming years. Thanks to the increasing demand, the number of students pursuing MBA in HR management has also gone up.
If you are planning to do your MBA but aren’t sure which field to choose, then you should consider Human Resource Management. The field of HR has a lot in store for you. From hiring the right employees to optimizing their performance at work, as an HR professional, you get a chance to work on varied areas. Keep reading to know how an MBA in HRM can boost your career.
What does an MBA in Human Resource Management entail?
Human Resource Management focuses on recruiting, ensuring employee satisfaction and managing the performance. By pursuing an MBA, you can enhance your performance and work towards meeting organizational goals. It will also help you integrate core business competencies with interpersonal skills to manage people.
Why you need an MBA in HR Management?
Getting accepted in a good university and completing your MBA is a huge investment, both time and money-wise. To make sure you are heading in the right direction, you need to know about the benefits of this MBA specialization. The following are a few of them:
1. Enhance your skills
An MBA will help you understand and learn the changing demands of the modern workplace. Here, you will get a deeper understanding of:
Identifying skills that are required for your company
Searching candidates with the suitable skillset
Recruiting the best talent in the market
Developing strategies to retain employees
2. Choose from a variety
By completing an MBA in HRM, you get to choose from a large variety. If you find recruiting the right people interesting, you can become a recruitment specialist. Some of the other profiles for you to choose from are:
HR Generalist
Staffing director
Technical Recruiter
Employee relations manager
Director of HR training and development
Choose a specialisation where your interest lies!
3. Earn well
An MBA enhances your skills and adds something more valuable to your resume. Hence, the chances of earning a good salary are higher as compared to other candidates.
4. Become a leader of tomorrow
Most MBA programmes today not only focus on enhancing your HR skills but also focus on developing your leadership skills. HR skills complemented with sound leadership will definitely help you stand out in your organisation!
5. Develop innovative strategies
What makes a company successful? It is its employees and managers who are engaged and driven to succeed. To ensure employees are motivated and working towards a common goal, you can work on developing creative strategies.
These are some of the reasons why you need an MBA in Human Resource Management. A career in this field can be a rewarding and enriching experience! Start by applying in good universities and get a step closer towards your dream job!