Employees are the fundamental pillars of every business and organisation. The value provided by a responsible human working for a company is incomparable. The business landscape has developed to a level where they don’t see employees as just workers for a paycheck but as a precious resource. For every business and organisation to survive in the cut-throat competition and flourish, Human Resource Management is of utmost importance.
It is significant for companies to hire, train, and manage employees. MBA HR is booming and one of the most sought-after career options in the corporate world. HR is one of the prominent specialisations among MBA aspirants and if you are planning to pursue an MBA in HR and are one of those confused about SHRM, then this article will give you a detailed overview of the MBA with Strategic Human Resource Management(SHRM) programme.
All about Strategic HR
Ever gone fishing? Some people feel it relaxing while others are competitive about actually catching fish. People who fish for dinner purposes might feel frustrated if the act doesn’t contribute to catching fish. HR feels the same way. Some of us are there who love managing administrative tasks while others want to be involved in executive meetings and contribute to the business in implementing strategic processes.
The contemporary era and changing scenario have added innovative dimensions and KRAs leading to a gradual shift from traditional HR to Strategic HR.
Strategic HRM derives from the word ‘strategy’ and ‘strategic management’. The term ‘strategy’ means ‘generalship’ and is associated with the long-term decisions taken at the top of corporates. Strategic Human Resource Management encourages the integration of HR management into the entire process.
The programme comprises a forward-looking process of developing and executing HR programmes that manage and solve business problems and add to beneficial objectives. HR Management has transformed completely in recent decades. The past decades have seen HR handling administrative functions and day-to-day responsibilities such as employee recruiting and selection, and management of employee benefits.
However, HR business strategies are not confined to recruiting and management these days but have widened to providing cultural and ethical leadership.
Why is MBA Strategic HR good for you?
Let’s have a glance at the beneficial things according to experts while considering an MBA in Strategic HR:
1. The specialisation aids problem-solving skills:
Strategy MBA course encompasses ample case studies, which include management decisions that senior executives at big enterprises made, and that had a profound impact on the functioning of the organisation. Students make use of these case studies and face challenging situations to discover their business philosophies.
The course gives students a visionary framework they can use to examine a company’s viability and assess business competitors. Students also learn how to discover the information they need to make reasonable decisions.
2. Versatility:
The strategic specialisation degree is versatile that makes MBA students marketable for multiple business jobs; not just the roles involved with strategy. This two-year study is an exceptional training opportunity for future C-suite executives whether they plan to head companies or start their venture.
Learning Strategy is not just useful for the future managers but the entrepreneurs as well said ‘Himakshi’.
Himakshi says the one reason she is pursuing an MBA in Strategic HR is that she wants to learn how to expand her company globally and transform it into a multinational corporation.
3. High Pays:
The degree not only prepares you for a lead business strategically but is a common pathway to lucrative and highest paying jobs. Management consultants and senior strategy managers make six-figure salaries on average.
4. Business Strategy is pivotal to business success:
Ambitious goals in a business are hard to achieve without a strategic approach. There is a need for careful planning in business and this is one reason a strategic MBA is important.
Career opportunities after MBA Strategic HR:
- Human Resource Manager
- Human Resource Generalist
- Employee Education Consultant
- Employee Relations Manager
- People Relations Manager
- Compensation Manager
- Employment Manager
- Director of HR Training and Development
- Staffing Director
- Technical Recruiter
- Director of HR Training and Development
So, you are sure-shot that you want to go ahead with MBA Strategic HR but sceptical about which institute to join for your tertiary education.
Coming to this part, India is a country having some of the largest and best universities in the world. If you are aspiring to study in a university in North India providing this specialisation, then Chandigarh University is one of the universities providing this programme with a decent placement record.
The two-year Post Graduate Degree MBA in Strategic HR at CU is the only professional programme in North India to have globally recognised SHRM certification along with the degree. Eligibility criteria are basic with a minimum of 50% in graduation and a valid score of CUCET is mandatory.
Selecting a course and college is certainly one of the crucial decisions of life and doing comprehensive research and development is imperative. Stay positive and have the patience to find the best for you.
Note: The views expressed in this article are that of the institute and do not reflect/represent those of Shiksha
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