Human Resource (HR) Managers are an integral part of every company since they are in charge of recruiting, hiring, and managing the companyโs employees. HR professionals need to understand the needs and goals of an organisation to be able to recruit and train such employees who are capable of meeting these needs and reaching the requisite goals.
Given their significant role, HR professionals are in high demand. Individuals with this job profile are greatly rewarded for their hard work too in terms of salary and other benefits.
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Eligibility Criteria
Students from any discipline are eligible to apply for a Masterโs in HR provided that they have attained at least 50% marks during their undergraduate study.
Colleges and Entrances
Many students dream to study from foreign universities. But their dreams fail to materialise either due to financial constraints or time constraints. To get rid of this obstacle, Gururoโ a leading EdTech companyโ offers an opportunity to pursue a Masterโs in Human Resource Management from IU University (Germany) and LSBU (London). Students can be a part of this programme either online or offline. So if you already have a job, you need not worry about leaving it.
The fee for the above programme is โน 3,35,000, with the option of availing financial aid and EMIs.
For more details, you can go through the following blog:
Masters in Human Resource Management
Apart from this, Indian institutes offering a Masterโs in Human Resource Management are:
- Dr. D.Y. Patil University, Navi Mumbai
- XLRI, Jamshedpur
- MDI, Gurgaon
- ITM, Navi Mumbai
The average fees for above programmes is โน8,00,000 and the admission is based on entrance exams.
Required Skill Set
To become a good HR professional, there are certain skills you must possess:
- Effective communicator
- Leadership skills
- Adaptability
- Empathy
- Interpersonal skills
- Optimism
Course Curriculum
Semester 1
- Human Resource Management 1
- Human Resource Management 2
- Strategic Management
- Advanced Research Methods
- Aspects of International Labour Law
- Seminar: Current Issues in International Labour Laws
Semester 2
- Applied Statistics
- Employer Branding and Recruiting
- Talent Management and HR Development
- Project: Human Resources Management
- Leadership
- New Work
Semester 3
- People Analytics and Big Data
- Seminar: International Human
- Resource Management
- Elective B
Semester 4
- Master Thesis and Colloquium
Electives
- Diversity Management
- Human Performance
- International Labour Law
- Negotiation and Intercultural Management
- Work and Organizational Psychology
Job Profiles and Salaries
Undoubtedly, HR professionals are well paid. One thing to keep in mind though is that salary depends on the job profile. Here is a list of the various job profiles in HR and the respective salaries offered:
- HR Manager (Talent Acquisition)- 9.8 LPA
- HR Manager- Training- 14 LPA
- HR Professor- 3.7 LPA
- International Human Resources Professional- 6.9 LPA
- Employee Education Consultant- 3.3 LPA
- Training & Development Manager- 8.7 LPA
Top Recruiters
The following companies are the top recruiters of HR professionals:
- Sutra HR
- ABC Consultants
- Adecco India
- AON Hewitt
- CareerNet
- Global InnovSource
- IKYA Human Capital
- Kelly Services India
- Manpower Group
- Team Lease
Pros and Cons
Pros
- Helping others is the fundamental role of an HR manager.
- If you like to interact with people, youโd have numerous opportunities to do so.
- Your ability to motivate employees will have a direct impact on the organisationโs goals.
- HR managers get paid really well.
Cons
- To be able to become an expert in this field, a lot of experience is required.
- HR managers have to deal with the problems that employees present them with, which can be emotionally draining sometimes.
- Being in this profession can be extremely stressful at times due to workload and competition.
FAQ
Most frequent questions and answers
While it is correct that some tasks in HR are being automated by AI, thereโs still a huge demand for HR professionals. This is due to the fact that when dealing with people (the main role of an HR), machines are not very sophisticated and effective.ย
You can do that. However, you can also get a Masterโs degree in HRM without the need to go for an MBA.ย
HR stands for Human Resources. HR departments in an organisation are given the job of recruiting, hiring, and managing employees to get closer to the organisationโs goals keeping in mind the employeesโ needs as well.
No, students from any discipline/background can get a degree in HR.
The minimum percentage one would require is 50% in graduation.
Following are the various job profiles offered to HR graduates:
o HR Manager- Talent Acquisition
o HR Manager- Training
o HR Professor
o International Human Resources Professional
o Education Consultant
o Training & Development Managerย
Yes, they do. However, it also depends on the job profile of the individual. For instance, the most paid job profile is that of HR Manager- Training.
