While a traditional MBA gives you a thorough grounding in all business aspects, an MBA in human resource management covers everything from human resource principles to onboarding. In a few words, a career in human resource management means recruiting, assessing, motivating, growing, and retaining employees.
During your MBA in human resource management, you will learn how to apply the best practices for managing employee performance. Moreover, you will learn how to avoid crucial mistakes in employee mismanagement and understand the diverse and alternative factors that can motivate employees.
Why an MBA in Human Resource Management?
With an MBA in human resource management, you will learn what must be done to create a better working environment in all job settings. MBA programs make sure the teaching staff consists of experts in human resource management so that you can learn from the best.
In addition to this, an MBA in human resource management allows you to:
Develop Advanced Knowledge and Skills
An MBA in human resource management equips you with knowledge in negotiation, organizational behavior, resolution, interviewing, performance appraisal, recruitment, onboarding, and not only. These skills are crucial to performing your tasks as an HR manager efficiently and effectively.
The syllabus of an MBA in human resource management includes subjects such as Compensation and Reward Management; Labour Laws; Research Methodology; Financial Accounting; Business Statistics; Industrial Relations, etc. These subjects are designed in a way that help you develop the necessary skills you need to succeed in the HR field.
Get Hands-on Practice
Due to the nature of learning in MBA studies (working with case studies), most MBA program students have work experience. The real-life, hands-on learning in MBA in human resource management programs helps you successfully transition from your classes to your future career. Internships are an additional factor that will prepare you for your work as an HR professional.
Upon completion of your degree, you will be job-ready. You will have the opportunity to network with different professionals, including your fellow students. Networking is an essential part of your career. It helps you meet people of all professional levels, exchange ideas, information, and advice, and keeps you at the forefront of the HR field.
Benefit From an Excellent Pay
Human resource managers are professionals with excellent negotiating skills, so it should be no surprise that their salary is pleasant. Yet, the salaries of human resource managers differ. Usually, your employer, industry, work experience, performance, skills, and country where you work determine how much you earn as an HR manager.
With an MBA in human resources management, you can earn:
- An average annual salary of $73,620 in the United States.
- An average annual salary of £36,180 (US$45,173) in the United Kingdom.
- An average annual salary of C$55,340 (US$43,060) in Canada.
- An average annual salary of CHF101,680 (US$104,560) in Switzerland.
- An average annual salary of €44,470 (US$46,735) in Spain.
- An average annual salary of NZ$84,220 (US$54,610) in New Zealand.