Human Resource refers to the practice of Human Capital Management and broadly refers to managing the selection, retention and nurturing of people that work in organizations. HR management also refers to the alignment of goals of work forces to those of the organization.
Human Resources are the backbone and foundation of every organization. It involves a large number of activities like hiring the right kind of people who are consistent with the values and vision of the company, managing employee contracts and compensation, dealing with employee welfare and above all managing the most valuable company resources – workforce talent. One may have heard leaders of organizations say the often-repeated phrase – “Our People are Our Greatest Asset!” There is a strong realization that human capital has the ability to make or break organizational performance and objectives. The HR function, therefore, has been evolving from personnel administration to management of people development. Professionals in human resources management are involved at all levels of management and across all functions. They look to ensure that employee performance and their development is maximized. Managers with an MBA in Human Resource Management (HRM) are in great demand across various sectors and domains and offer compensation levels at par with other functions.
Why MBA in HR
A plain look at the below statistics will give an idea about the need and emergence of HR professionals as key leaders in all organizations. This is being addressed by the one-year MBA in HR.
Management professionals pursuing an MBA in HR fall into two categories:
- Students who have an active interest in the field and want to focus their study and career exclusively in the field of human resources.
- Students who already have a background in human resources. They are interested in acquiring further knowledge, honing their skills, and assuming leadership positions in HR for career growth.
Most of the top colleges for one-year MBA in HR in India focus on concepts and skills integral to HR through a study of core foundation subjects that provide students a better and deeper understanding of the field. It also provides an insight into concepts and skills required in any business. The idea is to develop well rounded business skills with the best HR courses in India. The accelerated program offers to build on experience and knowledge of early or mid-career professionals and gives them the opportunity to assume leadership positions.
Pedagogy in a One-year MBA HR
The one-year MBA in HR looks to build on the existing experience and skills of the students. Emphasis is also placed on outside the classroom activities that impart a self-leadership and critical thinking mindset to the student. Included are practical and experiential modules that prepare the student for leadership roles in HR. An industry-oriented pedagogy is a combination of rigorous academic coursework, workshops, guest sessions and live assignments. Classroom teaching is imparted in key areas of General Management and HR and generally includes:
- A primer on the necessary cross functional essential knowledge in the initial part of the program. Some of the course content is the areas of Marketing, Economics, Finance, Analytics, and Digital Transformation
- Exposure to the basics of human Resources like in the areas of Organizational Behavior, Talent Management, Performance management, Rewards Management, etc.
- In-depth learning to cover some of the key areas in HR management and could include leadership concepts such as Employer Branding, Employee Engagement, Learning & Development, Digital Workspaces, etc.
- Modules that look to expose the student to cutting-edge tools like AI, Analytics tools and a learning of global HR practices.
One year MBA in HR – Learning outcomes:
At the culmination of the MBA in human resource management, the student is equipped to return to the industry armed with the necessary skills required to assume HR leadership positions. Some of the learning outcomes the MBA program are:
- Tools and skills to engage with a wide section of stakeholders across different levels.
- Leadership skills with ability to relate to and understand various organizational viewpoints.
- Components of HR concepts and their routine application in organizations.
- Execution of HR concepts within the organizational framework.
- Value based leadership skills required to create, change, and impact at the organizational level.
To Conclude: one year MBA and its role in growth of HR Professionals
Organizations look for HR leaders to utilize the critical resources of its people. The Covid-19 pandemic has led to a disruption in the way people work and managing them effectively is key to organizational survival and growth. HR professionals with new-age skills in critical thinking, adaptability, flexibility and digital tools are the need of the hour. With economies set to bounce back in the post pandemic era, organizations are on the lookout for HR professionals who would be able to manage the transition to the NEW NORMAL. Recent trends point towards a high demand for HR professionals and a one-year MBA in Human Resource Management gives the opportunity to the student to augment this outlook through a blended learning of strategic and digital skills. The duration of the course provides an opportunity to return to the industry within a short duration of time armed with the tools required to lead and transform. The One Year PGPM, MBA in HR offered by SOIL Institute of Management presents an opportunity to get acquainted with a global perspective and gain requisite knowledge in the field. Learning is supplemented through self-awareness of leadership style and prepares the student to be ready and adaptable for future challenges. The unique program enables you to create employee engagement through a responsible and value-based approach. Course content developed by industry leaders and taught by world class faculty offers an opportunity to transform your career and give it the necessary boost. SOIL aims to provide India’s future leaders who are high on integrity and character and can play a transformative role in Emerging India.