Naisha and Nishit are very good friends who have been preparing to appear for the CAT for over a year. Nishit is keen on pursuing an MBA in HR and is discussing the same with Naisha. Here is a conversation between them:
Naisha: Have you decided what you are going to specialise in?
Nishit: I’m not sure yet, but I think I will pursue MBA in HR.
Naisha: Why do you want to pursue MBA in HR?
Nishit: I think interacting with people has always been one of my best skills. I think if I can bring that to use in my professional life, I would be able to grow both, personally and professionally.
Naisha: You have a point there. However, do you know what the best colleges to study human resource management are?
Nishit: I’m not sure yet because I haven’t had a lot of time for research. Most of my time is taken up by the preparation schedule.
Just like Nishit and Naisha, many students are so busy preparing for the entrance examinations, that they overlook one of the most important aspect – selecting their field of specialisation. And even they have decided upon their field of specialization, there are many students who have not researched as to which are the top institutes which offer their field of specialization.
Praqtise Fact File: Human resources field is the most in-demand job field for recruiters and represents over half of the total job listings. The most common job roles are HR assistant, Director or HR, Human Resource generalist, and HR manager. (Human Resources MBA, 2016).
MBA in HR management
Masters of Business Administration in human resource management offers the opportunity to study human behaviour and psyche from a business perspective. Here, you have to understand the perspectives of both, the employers and the employees. The most important job role of a human resource manager is staffing – acquiring the right talent for the right job role. However, an even more important role of a human resource manager is that of forming a bridge between the employees and the employers. Hence, it can be said that human resource managers are an extremely important part of any business. Moreover, there is humongous potential for growth in the industry as a human resource manager.
If you decide to pursue human resource management, here is the list of top Business Schools that offer the best programs and courses for MBA in HR. There are different rankings available for all these colleges across the Internet, so to avoid confusion, we have just selected a list of top MBA colleges.
Xavier Labour Research Institute (XLRI), Jamshedpur
Postgraduate Programme in Personnel Management & Industrial Relations
XLRI offers a two-year post graduate diploma programme in HR management. The HRM course is the most prestigious programs offered by XLRI, and the oldest too. It has been ranked as the best programme in India across the Asia-Pacific region. The programme aims to equip the students with not just the skills required to manage human resources, but also contribute to the development of the organizations as well as the individuals.
Tata Institute of Social Sciences (TISS), Mumbai
M.A. in Human Resources Management and Labour Relations (HRM & LR)
The M.A. in HRM and LR offered by the TISS is professionally equivalent to an MBA course from other reputed colleges. It helps students develop into a competent yet sensitive HRM graduates, ready to take on the challenges of the business world. The program explores the critical areas of contemporary HRM as well as their relation to other business functions.
Symbiosis Institute of Business Management (SIBM), Pune
Master in Business Administration
This course provides the students with the skills essential for the successful management of the human resources and introduces them to the current corporate practices. The course also focuses on interpersonal and people management skills to further the scope of HR management.
Symbiosis Centre for Management and Human Resource Development (SCMHRD), Pune
Post Graduate Diploma in HR
The post graduate diploma course focuses equally on theory and practice; practical aspects of HR management serve to leverage the theoretical concepts. The students are provided with an extensive exploration of the issues of HR management in the context of global business environment. The course helps students acquire skills and knowledge and develop practical business sense relevant to the competitive global market.
Management Development Institute (MDI), Gurgaon
Post-Graduate Programme in HR
MDI offers a post graduate programme in HR management to develop professionals with a well-rounded business perspective. The motive is to enable students to take on the critical role of HR professionals in business organizations. The course turns students into holistic HR managers with the capability to manage uncertainty and complexity. It furthers the sensitivity of the student towards the people, their potential, and the needs. The PGP-HRM programme is designed by experienced faculty members. It is also continuously improvised to ensure a rich academic and industrial blend.
Indian Institute of Management- Calcutta
Executive MBA in HR
The executive MBA in HR intends to cover HR management at macro as well as micro levels. Further, it aims to equip the students with contemporary knowledge and practices informed by valid research findings. The course covers both, basic and strategic HR management issues such as acquisition, retention, and management of talent.
Conclusion: A Praqtical Look
The following are the average CTC offered to HR MBA graduates in top MBA colleges:
| Name of Business School | Average/Median CTC (in lakhs per annum) in 2015 |
| XLRI, Jamshedpur | 17 |
| TISS, Mumbai | 16.8 |
| SIBM, Pune | 13.05 |
| SCMHRD, Pune | 11.95 |
| MDI, Gurgaon | 15.57 |
Which field of specialisation would you want to pursue during MBA? Let us know in the comments.
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