In an era of rapid industrialization that is characterized by a burgeoning workforce, it would not be wrong to say that the timeless Human Resource (HR) function has evolved itself dramatically over the years to emerge as one of the most integral departments of a company – one that plays a vital role in the smooth operation of an organization by ensuring that the latter is never short of skilled and knowledgeable manpower and via the effective management of its most important asset – its human resources.
If you have been contemplating a career in Human Resource Management (HRM) and are wondering if it is the right career path for you, then here are few facts that warrant a careful consideration before you decide to specialize in this domain with a Distance MBA course in HR.
A domain that transcends industries and sectors – Often considered as the backbone of any people-driven organization or business firm, the versatile HR function has a vital role to play in the success and the overall growth of any organization across business sectors and verticals. Since there is hardly any field or industry that can function without the able assistance of a robust HR department, job opportunities always abound in this challenging yet fulfilling domain. According to the U.S. Bureau of Labor Statistics, there is a projection of a 9% and 5% growth rate respectively through 2024 for jobs pertaining to the role of an HR Manager and an HR Specialist. Considering the fact that a perennial need exists for trained and qualified HR professionals, it is not surprising that a functional concentration like an MBA in HR is one of the most preferred options for many aspiring candidates who dream of landing a high-paying job with a reputed MNC or an illustrious corporate house by venturing into a generalist domain that is relevant to diverse industries and sectors.
A function that is largely people oriented – A foray into the Human Resource function will require you to deal with people extensively. Hence, it is essential that you introspect if you have an innate knack of interacting with people and whether you possess a genuine interest in looking after their welfare and development. As an HR Personnel, you will be expected to embrace unyielding integrity and demonstrate a kind and a caring attitude towards your employees so that they find you approachable and can trust you enough to be able to walk up to you with their issues and concerns without the fear of any retaliation or rebuke. Sound interpersonal and communication skills are non-negotiable in this role if you want to deliver and drive key organizational messages and strategies in an effective and impactful manner. Needless to say, if you are an introvert who prefers keeping to himself or herself and is more interested in an individual contributor (IC) role, then a career in HR is not meant for you.
A multifarious department with far-reaching impact – Gone are the days when the role of HR was more clerical than strategic and mainly hovered around negotiation of salary packages, generation of offer letters and enforcement of an organization’s policies. Back then, the HR department was treated more as a cost centre with its efforts centred on cost containment which ultimately did not yield significant results – quite akin to a race car spinning its wheels with a lot of effort but with barely noticeable output. Often, it was not enough to believe that HR activities and programs could actually prove to be effective since one had to make concerted efforts to demonstrate to the critics’ gratification that HR involvement was crucial to an employee’s efficiency and to an organization’s growth and profitability.
With rapid industrialization and increasing market competition, the HR function’s priority has shifted from mere curtailing of expenses to a focussed drive for boosting the revenue of an organization. Additionally, the scope of the HR division has expanded manifold to encompass diverse responsibilities that include hiring, management, training and development of talent, providing compensation and benefits (C&B) to the workforce, addressing their C&B-related grievances, promoting healthy relationships between the employees and the organization, facilitating people engagement activities to ensure that the employees are happy, connected and motivated enough to deliver their optimal best, rolling out periodic assessments to measure the performance of employees and managers, crunching huge volumes of data to gather key business insights and making sure that an organization is compliant with critical labour laws and other statutory/regulatory rules and regulations that govern the health, safety and welfare of its employed staff.
Fostering a positive work environment and helping an organization’s labour force to acclimate to its vision and culture are few of the other deliverables that comprise the exhaustive job role of the present-day HR Manager or HR Analyst.
A strategic role that is not defined by administrative tasks only – If you are a dynamic individual who yearns to go beyond his or her administrative responsibilities and partner with business leaders with an aim to add value to an organization’s strategy formulation and decision-making processes, then a career in HR will satisfy you immensely.
In your role as an HR Manager, you will be required to stay abreast of the latest market trends and changing industry landscape in order to be able to contribute to the design and roll out of game-changing business strategies that can provide your business with an edge over its competitors. Often, you will be partnering with cross-functional teams such as Operations and Finance to devise roadmaps that cater to urgent business needs such as facilitating mass recruitment drives in view of the upcoming growth and to keep a tab on the organization’s budget while undertaking staff welfare initiatives like organising of team outings, revising existing C&B policies in accordance with industry standards etc. Awareness of cutting-edge HR management tools and applications is also desirable so that you have the necessary know-how to align and harness appropriate software and technology that can help your business become more efficient by streamlining its various HR activities such as payroll, tracking of employee attendance and leaves, performance evaluation, bonus calculation etc. in a manner that is smart and cost-effective.
Prior work experience is essential – Most top-notch B-schools will insist upon prior work experience for you to be eligible for an MBA program. This is to make sure that you are able to relate to the concepts in a seamless manner with your first-hand experience. MIT School of Distance Education has an eligibility criterion that mandates a minimum educational qualification of a graduate or a diploma degree along with a minimum of 3 years of work experience for a candidate to be able to pursue its Post Graduate Diploma courses in Human Resource Management.
A specialized field that demands the proficiency of a professional MBA course – For those who envision a rewarding career in Human Resource, enrolling in an MBA course in HR is a must if they want to sharpen their existing domain-specific competencies and acquire other skills that are rudimentary to the HR function. Equally important is the need to discern a renowned educational institution that imbibes a modern pedagogical approach and that offers you the flexibility to pursue an MBA course from any location and at any time, keeping in mind your time constraints and/or your need to hone your skills without having to let go of your existing job.
A prestigious institute like MIT School of Distance Education (MITSDE) is accredited by the Distance Education Bureau (DEB) & the University Grants Commission (UGC) Govt. of India and is renowned globally for its comprehensive one and two year Post Graduate Diploma courses in Human Resource Management. Both the Distance MBA programs permeate into every aspect of the aforementioned requirements with an up-to-date and interactive course curriculum that has been structured by leading industry veterans. Designed for excellence, the self-explanatory course modules stimulate your strategic thinking while endowing you with the key concepts of Human Resource Management, Legal Framework and Business, Corporate Communications, Management Information Systems, Strategic HR, Enrichment – Training & Development, Recruitment, Selection & Retention, Enterprise Resource & Planning, Labour Laws etc. to make you industry ready and to groom you for a variety of roles that are prevalent in the HR space.