Program in HR Analytics | One Year MBA Program in India

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Why Do A Program In HR Analytics

24 Sep 2019
- Snigdha Garg
- Admissions Office
Analytics, HR, Part time programs, Technology

Table of Contents
The management of people in the workplace may be improved with the help of HR Analytics. HR analytics, often referred to as people analytics or talent analytics, is centered on studying issues about people by using data to provide solutions to critical concerns about a business. Because of this, more intelligent decisions based on data may be made. People who desire to change their professional life in HR Analytics significantly can enroll in the HR Analytics Program.

Data is the new business currency. It equips you with the right insights and competitive advantage, and HR is no different. More and more, the role of HR is being seen as that of a Strategic Business Partner rather than merely operational. HR experts to advance from simply describing talent problems to prescribing solutions for them.

Analytics has a crucial role to play in meeting this expectation. Analytics helps establish linkages that help leverage Human Resources data for better decision making. It allows organizations to hire and deploy the right talent at the right place, evaluate performance, identify their training needs, and ensure engagement and retention. It helps provide insights that are used as input to strategic decision-making and enables organizations to measure the business impact of HR practices and policies.

Summary

The purpose of HR analytics is to get an understanding of how productive your staff and teams are by systematically collecting data on them. Analyzing this data will give you valuable insights into which aspects of your company’s activities might improve using optimization strategies.

Implementing HR Analytics in a Working Environment

HR Analytics may assist firms or companies in making more informed choices in a variety of areas, including the following:

Risk

Data subjected to risk analysis may be used to assist in the construction of profiles that provide information on which applicants are at concern for departing early, along with the possibility of poor performances.

Talent

Regarding the new employees, HR analytics can determine whether candidates will go on to have high-performance levels. With the use of this information, we can decide whether they should be moved into fast-track programs or not.

Future Calculation

Modeling the potential shifts that may occur in the direction of the firm in the future is one of the most beneficial uses of HR Analytics. The effect of talent recruiting, retention, and engagement can be determined by HR teams.

Turnover

When HR teams use data, they can estimate the risk of employee turnover based on function, location, and status. In addition, HR analytics may be used as a tool for modeling the situations in advance to minimize the losses, which can be done by qualified analytics specialists only.

Retention

HR analytics can determine which departments have the most significant turnover risk overall and which specific workers are most at risk. The information is beneficial since it equips human resources professionals with knowledge about the distribution of resources and training.

There are, of course, a variety of other applications for HR analytics in the business. According to Startup Focus, teams can more effectively allocate resources to the skilled workforce, including cost per hire, expenditure, and revenue per employee.

The study of data may also assist in formulating strategies for employee retention and recruitment. Predictive analytics may generally be used to uncover standard components and significant trends.

Summary

Gaining enough knowledge through the HR analytics program, HR specialists can advise policies and choices that may affect the form’s culture and implement every strategy with good experience.

Significant skills required to be an HR Analyst-

In recent years, commercially oriented HR data and MI analysts were hard to come by and have been in great demand. This is because organizations have become more aware of the benefits that these employees can offer to the bottom line.

Employers seeking to recruit a business intelligence, data, or HR analyst vote often favor technical competence more than generalist experience when hiring decisions.

You will need to have a high level of experience working with HR systems and the ability to manage and report on enormous amounts of data, preferably in Access and Excel. This is required for you to be efficient in the post.

In addition, businesses want candidates who are effective communicators who are not only familiar with analytics but can also convey these to various stakeholders to lead choices that are vital to the organization.

HR analysts must have these three qualities:

System analysis- to be successful in system analysis, you will need to have a fast understanding of how databases, systems, and processes function. You will always be looking for methods to enhance efficiency while also maximizing the use of the information that is available to you.

Analytical mindset- To manage and transform a considerable number of data and MI into meaningful answers, you need to have an analytical mentality, which means that you should be naturally analytical.

Attention to detail- A keen eye for detail is essential in the role of an analyst since it is essential that you are capable of evaluating not only high-level trends but also detecting little concerns that have the potential to have a significant commercial effect on the company.

HR Analysts must have these three Technical Skills:

Management information and data management: MI and data management need expert-level proficiency with tools like Microsoft office suite and MI tools. Knowledge of database software such as Excel, Access, or Visio is acceptable. Jobs requiring extensive work with data often call for candidates with SQL knowledge.

Management of Systems- Familiarity with and proficiency in HR software is essential.

Qualifications- Potential employers want assurance that your technical skills are compatible with their business needs. An HR business or analysis-related degree like Mba In HR For Working Professionals or One Year Mba In Hr Analytics is favored by many organizations.

Summary

Candidates need a significant amount of expertise in HR systems and the ability to handle large volumes of data and produce reports based on that data. HR analytics program is extremely important because it helps you grow a scale, assists you, and increases your technical knowledge and other attributes.

SOIL, One of the best MBA In HR Colleges In Delhi to advance your career in HR Analytics-

There are numerous 1 Year HR Courses In India, especially in HR Analytics. An increasing number of organizations and HR professionals are recognizing the value of Analytics and are investing in building substantial analytics capabilities within the HR function. SOIL Certification Program in Analytics for HR Effectiveness enables HR professionals to analyze data using analytical tools and derive valuable insights to make data-driven decisions and add more value to the business. You can also choose to apply for one year MBA In HR program to upscale your skills and gain hands-on knowledge in this field.

The Last Word: It doesn’t matter if you’re a seasoned HR professional or a fresher. Certification in HR Analytics is what you need to deliver better insights to business, transform your career and scale it to newer heights.

Summary

It is very beneficial for HR professionals to enroll in the SOIL certification program in Analytics. It is possible that taking an analytics program will turn out to be one of the most pleasing career choices that an HR professional can ever make to improve their technical understanding of tools and their expertise in using these tools that are necessary for working in their sectors.

FAQs
Is an MBA in HR a good option?

Obtaining a master’s degree in human resource management may set you up for success in HR management roles in a variety of business sectors. Human Resource Manager, Human Resource Generalist, Staffing Director, Technical Recruiter, Compensation Manager, Employee Relations Manager, Employment Manager, Director of HR Training and Development, Human Resource Consultant, International HR Professionals, Human Resource Specialist IT, Employee Education Consultant, Human Resource Executive, Human Resource Entrepreneur, etc. are all possible managerial positions after completing a PGPM HR program. You would be in charge of all human resource functions, including hiring, onboarding, pay, benefits, employee engagement, job analysis, performance management, and holding on to top personnel. A master’s degree in human resources equips graduates with generalizable business expertise.

What is the scope of an MBA in human resource management in India?

The worldwide human capital management market is predicted to increase from $14.50 billion in 2017 to $22.51 billion by 2022, at a 9.2% CAGR. All HR team members link human capital to the company’s bottom line. They’re good with individuals of diverse backgrounds, knowledge, and ability levels. After gaining enough experience, you may even work for an international corporation to boost your pay. This vocation demands certain attitudes, knowledge, and abilities. SOIL Institute of Management’s one-year PGPM in HR develops HR Leaders with a global perspective who can handle the workload of an HR professional/manager in diverse sectors and scenarios.

How much does an MBA in HR in India cost?

Human Resource Management Master’s Degree The cost of attending an IIM or other top MBA institution specializing in human resources is between Rs. 15–20 million, while the price at other B–schools ranges from Rs. 8–15 million. Follow this link if you’re interested in learning more about the PGPM-HR program’s tuition and payment terms.

What are the eligibility criteria for an MBA in HR?

The following are the requirements to enroll in the PGPM HR program at SOIL.

An earned Bachelor’s degree (or higher) from an accredited university or college with a minimum of a 50% graduation average in a relevant field.

Scores above the 60th percentile on the High School and College Entrance Exams

Candidates may be recent college grads or seasoned professionals.

Aspire to take charge in the field of human resources

The PGPM-HR program welcomes applicants with valid CAT*, NMAT*, GMAT*, or XAT* results (Non-Mandatory but adds weightage to your profile)

Please visit our admissions website for specifics on applying for the PGPM HR program.

What Is The Role Of an MBA in HR?

The HR management courses aim to teach people how to handle the most critical and complex organizational tasks. The SOIL Institute of Management offers the best-in-class learning experience as part of its efforts to combine learning and inspired leadership. This program is suitable for working professionals who want to return to business. Students learn how important it is to be creative, pay attention to details, be professional, and put people first. The hard part is changing from being an adult to returning to school. But the lessons you learn at SOIL from world-class teachers and leaders will help you for the rest of your career, so it will all be worth it.

How can I tell if an MBA in HR management would fit me best?

An HR manager’s job is to ensure that everything runs smoothly in the company and that every employee is happy with how the company works. MBA in HR is for you if you are good with people and managing them. It includes job satisfaction, growth opportunities, and the ability to have a meaningful effect on both individuals and whole organizations.

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Summary

Is an MBA in HR a good option?

What is the scope of an MBA in human resource management in India?

How much does an MBA in HR in India cost?

What are the eligibility criteria for an MBA in HR?

What Is The Role Of an MBA in HR?

How can I tell if an MBA in HR management would fit me best?

Never miss a beat. Get Blog updates regularly in your inbox

PGDM Batch 2025-27 Orientation Start Date - 20th June 2025

Is an MBA in HR a good option?

What is the scope of an MBA in human resource management in India?

How much does an MBA in HR in India cost?

What are the eligibility criteria for an MBA in HR?

What Is The Role Of an MBA in HR?

How can I tell if an MBA in HR management would fit me best?

Never miss a beat. Get Blog updates regularly in your inbox

PGDM Batch 2025-27 Orientation Start Date - 20^th June 2025