MBA/PGDM IN HRM (HUMAN RESOURCE MANAGEMENT)
Management courses whether it would be MBA or PGDM, both have a wide variety of specializations offered, some are more conventional and some are evolved as per the advancements in the industry. A study in management, whether it be MBA or PGDM both have focus on improving one’s managing skills, see management is the most crucial part of a company, a corporate structure runs on shoulders of managers, Sales mangers is responsible for managing sales, marketing manager is responsible for carrying out good marketing strategy and so on. The managerial skill which keeps all other departments intact is Human resource management. HR Management is the most crucial yet most underrated managerial position. Human Resource is the most important asset of a corporate; the burden of running and improving the corporate structure lays on the Human resource the company.
Human Resource Management is a management function concerned with hiring, motivating, and maintaining workforce in an organization. Human resource management deals with issues related to employees such as hiring, training, development, compensation, motivation, communication, and administration. MBA in HRM was commenced as an established discipline and profession in 1913, England, for the labor management. And today, it is a much-singled out specialization in management courses. MBA/PGDM in HRM deals with recruiting, training, and managing discipline, harmony and work ethics in the employees, it also deals with the legal aspects of management as general and also management of human resource of a corporation. Almost all top colleges in cities like Delhi/Pune/Bangalore which is hub for pursuing MBA in India, Have MBA in HR in their curriculum.
How HRM can be better specialization than others
It is common sayings in the corporate world, that whosoever doesn’t have any skills, become HR, believe me that’s not the case, for being an HR you will need a great intellect and managing skills, as you will be responsible to ensure the business run smoothly and hire such candidates which will be beneficial towards the company.
- High Demand- I accept there is a vast and rapid need of technological and innovational techies, but in a corporate structures
- Top of Form
If there will be no one to assign and manage human resource in a corporate, where Human Resource Management plays a key role and the dependency of the company on HRs increases and so is the upsurge in the industry for the requirement of quality Human Resource Managers.
- Plethora of positions offered- Unlike any other managerial position, like a MBA in ERP, or MBA in finance, will only be needed in the field where there is a position for them, but a human resource manager is appointed everywhere in every industry, as every corporate will always be in need of managing human resources in the company. You can be recruited as a just an HR to a global HR specialist, etc.
- High Paycheck- Considering the demand and supply in the market for a HR, they get a hefty paycheck every month in mostly every industry, if you’re able to earn MBA in HR from a reputed B-school, you will be able to take home a very respectable amount and it’s also a fact that among all other MBA specializations, MBA with HR gets promoted rapidly and so the development in portfolio of HR is rapid in compared to other mangers in the industry.
- Essential work-Life Balance- Some MBA concentrations and careers, like investment banking, are notorious for requiring employees to work grueling schedules. However, a benefit of obtaining an MBA in HR is that most HR managers work only during normal business hours and only 1/3rd work more than 40 hours a week. Maintaining a balance between work and living a life as very important as both are of equal importance and MBA in Hr lends you a helping hand in maintaining them.
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- Source - Edumyra
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