Everything You Need To Know About Studying An MBA In HR In India

Read our guide to studying an MBA in HR Management in India, from the career growth an MBA in HR can unlock to the top MBA in HR colleges

The MBA in Human Resources (HR) is a specialized program that trains professionals to effectively recruit for and manage an organization's workforce, enhancing the wellbeing of both employees and employers.

To study an MBA in HR in India, candidates need to have a degree in any discipline from a recognized university. In addition to this, students are required to appear for entrance exams such as CAT or GMAT exam.

The average cost of an MBA in HR ranges between INR 500,000 ($6,010) and INR 2,000,000 ($24,050).

Why study HR in your MBA?

There are many compelling reasons to study an MBA in HR management:

1. Gaining specialist skills

The MBA in HR imparts specialized expertise, equipping individuals with knowledge and skills tailored for the unique challenges of human resource management.

This encompasses recruitment strategies, training methodologies, employee relations, performance management, and strategic workforce planning.

2. Having a strategic impact on organizations

HR professionals hold a pivotal role in shaping organizational success by effectively managing its most valuable asset—its people. Through strategic HR practices, they contribute significantly to organizational growth, enhance employee satisfaction, and boost overall productivity.

3. Accessing global career prospects

With the increasing global footprint of businesses, there is a growing demand for HR professionals well-versed in international labor laws, cultural intricacies, and global HR practices. Pursuing an MBA in HR opens doors to diverse and expansive global career opportunities.

4. Developing leadership potential

MBA in HR programs emphasize the cultivation of leadership and management skills. These are crucial for HR professionals to lead teams effectively, implement robust HR policies, and contribute strategically to organizational goals.

5. Developing the ability to adapt to evolving workplace

In response to the ever-changing nature of work, an MBA in HR equips individuals with the agility to navigate and adapt to shifting workplace dynamics.

This includes proficiency in handling remote work setups, leveraging technological advancements, and managing diverse workforce structures.

Who Should Study MBA In HR?

Clearly, many things make HR management an attractive career path. But how do you know if it’s right for you? Here are some people who should consider an MBA in HR.

Those with an interest in strategic talent planning

This specialized program is well-suited for those possessing essential MBA skills, offering attractive remuneration opportunities. In addition to these qualities, having a specific interest in managing personnel suits you to an MBA in HR.

Those who aspire to manage groups of people

Aspiring managers who wish to oversee and lead teams of people may find value in enrolling in an MBA program focused on human resource management.

Those who want a career or academic change

Students unhappy with their current, more generalist, academic pursuits have the opportunity to explore a new path by pursuing an MBA in Human Resource Management.

Anyone looking for a dynamic career

Any working professionals and students can opt for an MBA in HR.

The flexibility of pursuing an MBA in HR is evident in the availability of part-time programs online. This makes the course accessible to both working professionals and students with constraints on time and resources.

Importantly, age is not a barrier, and professionals with substantial work experience can choose to advance their careers through this program.

MBA In HR Colleges: The Top Colleges For MBA in Human Resources (Full-Time)

Where should you study for an MBA in HR? Here are the top 5 MBA in HR colleges in India.

1. IIM Indore

Post Graduate Programme in Human Resource Management (PGP-HRM)

The Post Graduate Programme in Human Resource Management (PGP-HRM) at IIM Indore is a two-year, full-time residential program. It was introduced in the academic year 2018.

Applicants must appear for the CAT exam to get admission to IIM Indore. IIM Indore uses a three-stage selection process (I) Eligibility criteria (II) Shortlist for Personal Interview (PI) (III) Final Selection.

Fees: 18,42,222 RS (22,158.71 USD)

2. XLRI, Jamshedpur

PGDM (HRM)

The institute provides a comprehensive two-year full-time Program in Human Resource Management, culminating in the award of a Postgraduate Diploma in Human Resource Management upon completion.

Recognized as the oldest and most prestigious among the institute's teaching programs, the HRM course holds the top-ranking position in India and the Asia-Pacific region.

Its primary objective is to furnish students with the knowledge and skills necessary for effective HR management, fostering the development of individuals and organizations.

Fees: 27,40,000 Rs (32,959.76 USD)

3. MDI Gurgaon

Post Graduate Diploma in Management – Human Resource Management (PGDM-HRM)

The PGDM-HRM program at MDI is meticulously crafted to groom well-rounded business managers. Continuous collaboration between faculty and industry experts ensures a curriculum that seamlessly integrates academic and industry perspectives.

Approved by the All India Council for Technical Education, Government of India, and acknowledged by the Association of Indian Universities (AIU), the program holds equivalence to an MBA degree conferred by an Indian University.

Candidates will be shortlisted for the GDPI process based on their application form and their CAT scores. Those who make the shortlist will be invited to participate in group discussion and personal interviews.

Fees: 24,99,400 Rs (30,069 USD)

4. IIM Ranchi

Postgraduate Programme in Human Resource Management

The Postgraduate program in Human Resource Management at the Indian Institute of Management Ranchi confers a Master of Business Administration-Human Resource Management (MBA-HRM) degree.

Admission to this program is facilitated through the Common Admission Test (CAT), followed by personal interviews. The overarching goal of the program is to cultivate empathetic and discerning human resource specialists who contribute to the well-being of organizations and society as a whole.

Fees: 17,20,000 Rs (20,694.83 USD)

5. SVKM's Narsee Monjee Institute of Management Studies

The program at Narsee Monjee offers a well-rounded learning experience with a balanced blend of courses and workshops. The teaching aims at building a robust knowledge base and fostering hands-on skills.

Comprising 39 courses and 15 workshops distributed across six trimesters, it ensures a comprehensive curriculum.

Unique features include sector-specific insights gained through continuous interactions with industry leaders, and live corporate projects spanning various sectors, such as the automotive industry, IT, banking, financial services and insurance, pharmaceuticals, and more.

Fees: 22,00,000 (26,470.77 USD)