Human Resource Management:Job Prospects,Top Colleges and Recruiters

Employees being the real assets for any company, the emergence of concepts like the value of labor relations. organizational behavior, the motivation and cost to the company, the concept of human resource management raised. Human Resource Management is the term used to describe the management and development of employees in an organization. The human resource managers are primarily responsible for staffing, defining and designing work and for benefits. The sole purpose of the HRM is to push to the limitations and maximize the productivity of any organization by implementing the effectiveness of its employees. HR managers act as a bridge between the management and the employees within an organization.

Specializations

  • Labour Relations and Legislation
  • Training and Development
  • Industrial Relations
  • Compensation and Benefits
  • Labour Welfare and Social Security
  • Recruitment and Selection

Highlights:

  • It is a 2 years course and students with a Bachelor’s Degree in any stream are eligible to apply for this course.
  • Admission into this course depends upon the marks obtained in the Entrance Exam followed by Group Discussion/Personal Interview.
  • The Major Entrance Exams through which one can get admission into this course are CAT, XAT, MAT, SNAP etc.
  • There are almost 3000 or more institutes are there that offer the course Human Resource Management.
  • The starting salary in this career is expected to be in between 2-12 lakhs.

Courses & Eligibility

Course

Duration

Eligibility

Entrance

MBA 2 years The candidate must hold a bachelor's degree with minimum 50% score. CAT, MAT, XAT

Top Recruiters

The top recruiters for Human Resource Management are:

  • SutraHR
  • ABC Consultants
  • Adecco India
  • Aon Hewitt (previously Hewitt Associates)
  • CareerNet
  • Global InnovSource
  • IKYA Human Capital
  • Kelly Services India
  • ManpowerGroup India
  • Randstad India (previously Ma Foi Randstad)
  • TeamLease

Admission Process

Selection Process:

The normal selection process for MBA in HRM involves a written test, group discussion, and personal interview. Some institutes may conduct an essay writing test and/or General Aptitude Test. The General Aptitude Test is designed to test the aptitude of the candidate towards current social, economic and political issues. Academic Performance and Work Experience of a candidate is also considered while preparing the final list of candidates for admission to the program. Weightage given to the different criteria is listed below:

Criteria

Weightage

Entrance 60%-70%
GD/PI/Essay Writing 5%-10%
Academic Performance 10%-15%
Work Experience 5%-10%

The weightage given to the different criteria may or may not be the same for various institutes.

Courses

The courses for the Human Resource Management discipline are:

  • Bachelor of Business Administration in Human Resource Management
  • Diploma Courses in Human Resource Management
  • Certificate Courses in Human Resource Management
  • Executive Diploma Programme in Human Resource Management
  • Master in Human Resource Development
  • Master of Human Resource Management
  • Master of Business Administration in Human Resource Management
  • Master of Business Administration in Personnel Administration
  • Master of Business Administration Human Resource Management
  • Post Graduate Program in Human Resource

Skills

The skills required for Human Resource Managers for the smooth running of the company or the organization are:

  • Communication- One needs to communicate effectively with people across an organization from entry-level employees to the CEO of the company. Strong communication skills are required to deliver and maintain a working environment between the employees and the organization.
  • Conflict Management- Help to solve a variety of work conflicts. Negotiation and mediation are keys in the conflict,the management must patiently listen to both of the sides and resolve the issue in the respectful and appropriate way.
  • Decision Making - They take a variety of decisions for a company, from hiring to resolve a dispute between the employees.
  • Ethical - The human resource needs to be discrete, only to share the information to the required and the appropriate people.
  • Organization - HR employees keep the information related to hiring, firing and the respective employee benefits. Every track of numerous records and files of each employee.

Top Entrances

The top entrances for Human Resource Management are based on the common entrance test. Aspiring candidates should have a bachelor`s degree in any stream is the pre-requisite for pursuing an MBA degree in Human Resource Management.
Some reputed universities provide admission based on a common entrance test (GMAT, CAT, XAT, MAT, SNAP, etc.)

Career and Job / Future Prospects

Job Profile

Job Description

Average Salary Per Annum

HR Manager Human Resources Manager. Develops policy and directs and coordinates human resources activities, such as employment, compensation, labor relations, benefits, training, and employee services by performing the following duties. 9 - 10 lakhs
Recruiter Establishes recruiting requirements by studying organization plans and objectives; meeting with managers to discuss needs. Determines applicant qualifications by interviewing applicants; analyzing responses; verifying references; comparing qualifications to job requirements. 3 - 4 lakhs  
Training and Development Coordinator or Manager 


Training Coordinator responsibilities include communicating with managers to identify training needs and mapping out development plans for teams and individuals. Training Coordinators are responsible for managing, designing, developing, coordinating and conducting all training programs.

8 - 9 lakhs    
Labor Relations Manager A labor relations manager has a number of responsibilities, such as negotiating agreements between labor organizations and a company, studying wage data, and researching labor laws. Since labor relations managers handle employee grievances, labor disputes, and strikes, they need to have excellent communication skills. 6 - 7 lakhs

FAQ's

Q: What are the basic functions of human resource management?
A:
The basic functions of Human Resource and Management are: staffing, training and development, motivation and maintenance. 
Human Resource personnel also perform the staffing process for the company. Staffing is where the personnel recruit and select the employees on the basis of respective potential s, which undergoes the process of interviewing, networking, applications, etc.

Q: What is the most important role HR managers play?
A:
The HR department plays an important role in this area: HR specialists work with managers to create training and development programs that are essential to fostering a good employer-employee relationship. The Human Resource Managers guide to the direction to nurture the morality of the staff and the satisfaction level s, and they act and liaison between the employees and the company.

Q: What are the specializations of the course Human Resource Management?
A: The specializations of the course Human Resource Management are-

  • Labour Relations and Legislation
  • Training and Development
  • Industrial Relations
  • Compensation and Benefits
  • Labour Welfare and Social Security
  • Recruitment and Selection

Q: What are the top colleges for the course Human Resource Management?
A: The top colleges for the course Human Resource Management are-

  • Indian Institute of Management (IIM) Ranchi
  • Xavier Labour Relations Institute (XLRI), Jamshedpur
  • Management Development Institute (MDI), Gurgaon
  • Tata Institute of Social Sciences, Mumbai
  • International Management Institute (IMI)-Delhi
  • Xavier Institute of Social Service, Ranchi
  • International School of Business and Media, Pune
  • Indian Institute of Social Welfare and Business Management

Q: What is the average salary of Training and Development Coordinator or Manager?
A: The average salary of Training and Development Coordinator or Manager is in between 8 - 9 lakhs.

Q: What are the entrances offered the course Human Resource Management?
A: The entrances offered the course Human Resource Management are

  • CAT
  • MAT
  • XAT
  • SNAP
  • GMAT

Q: What are the skills required to make a career in Human Resource Management?
A: The skills required to make a career in Human Resource Management are-

  • Communication
  • Conflict Management
  • Decision Making
  • Ethical
  • Organization

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