Why is MBA in Human Resources the Next Big Thing?

MBA is one of the most popular professional courses in India. It enables a plethora of career options depending on the   by a student. Human Resources (HR) is one of the highly sought-after MBA specialization that allows students to work in an important vertical responsible for training, hiring and fostering a relationship between employees and the employer.

There is a lot of buzz around MBA Human Resources — it is aimed at optimizing employee performance for a higher profit. Human Resources personnel also deal with training employees as per an organisation’s standards. From hiring the right talent to retaining employees and establishing a structure within the organisation — HR personnel does it all.

So why consider MBA in Human Resources? Moreover, why is it the next big thing?

What is MBA in Human Resources?

MBA in human resources is a specialised two-year degree program that prepares a student in planning strategies and guidance for the organisational structure, hiring, training and fostering an environment for the employees. Also, the Human Resources department provides administrative services, tools, coaching, management advice, and talent management to the organisation for a successful operation.

The HR department is directly responsible for the development that generates the culture of the organisation. In the world of globalisation where organisations have a presence across all continents and in most countries; Human Resource plays the role of keeping the organisation culture consistent throughout the globe. It is a highly underrated role that is often overlooked — but it is what makes an MNC a great place to work.

The Changing Focus of Human Resources

Traditionally, human resources was the organisational function that dealt with personnel, administration, and transactional roles. However, in the present times, most personnel roles are being increasingly outsourced. Today, the Human Resources Department adds more value to the strategic utilisation of employees. It ensures that all recommended programs are implemented and positively impact the organisation.

So, the Human Resources department is no longer limited to hiring employees — it has become a cohesive function of all organisations responsible for a plethora of roles.

New Expectations of Human Resources

Human Resources is adopting a more strategic direction where metrics and measurement will demonstrate value. HR professionals must work in synergy with the employees to keep both the employees and organisation safe from workplace chaos. Such professionals are required to balance the organisation’s major stakeholders such as executives, managers, owners and employees.

Why MBA Human Resources Be the Next Big Thing?

1. The Need for HR Specialists

There are more specialised HR roles than ever. A decade ago, there were more HR generalists; however, with the upcoming change in operations of organisations — the need for specialisation has increased. With the demand, MBA in Human Resources has caught up to fill in the gap. The changing landscape of business operations will change the way human resources function, and it will require specialists who can take over new roles.

2. The Use of Big Data and Analytics to Augment the Value

To become strategic leaders, HR managers and specialists will need to embrace big data to analyse the organisation in new ways. Sure, Human Resources Management already uses metrics to analyse engagement levels and turnover ratios. However, today HR department analyses various other metrics within the organisation such as calculating the average time frame for promotions, segregating top candidates based on percentile and so on.All this will allow HR to drive positive change using data.

3. Managing a Remote Work force

One of the biggest challenges that will require more specialized HR personnel will be managing a remote workforce. It is a challenge that surfaced not so long in the past. An MBA in Human Resources prepares students to take on such challenges. Such HR specialists will manage a remote workforce and leverage employees for maximum efficiency — even if they are across the world.

There is no doubt that MBA in HR is a demanding programme, but it also lays down a host of career opportunities in present times. There is an incredible demand for HR specialists and organisations across the world are on a lookout for professionals who can work with data, business strategy and dig deeper into the speciality itself. A lot of universities offer MBA in human resources and thus it becomes difficult for the students to choose what is right for them. Universities like UPES specialize in offering courses like MBA in human resources and have years of experience in training professionals to take on the industry.

Leave a Reply

Your email address will not be published. Required fields are marked *