Is an MBA in HR Worth It? Concerns About Pay and Career Growth for Freshers

Hi everyone, I am planning to do an MBA in HR. However, of late, I have heard that HR professionals are not paid well (many times they are paid as low as Rs 10,000 per month) and that there is no significant career growth for an HR professional. Can anyone help me by clearing my doubts? Does anyone have any idea about how much a fresher (MBA - HR) is likely to get paid?

Dear Friend,

Greetings!

If you are interested in pursuing a career in HR, dedicate yourself wholeheartedly and seek education from reputable business schools. To learn about the salary packages in HR, refer to the latest magazine and go through the information provided.

All the Best,

Regards,
John N

Hi Roshini,

It's true that HR professionals are not paid well in the beginning of the career because the HR industry in India is still young and under evolution except in the IT industry where too much of attrition has brought in the need of HR practices.

Basically, HR is a support process and not a revenue generation process. Therefore, most companies have a tendency to invest the least in it compared to other processes. Hence, the low pay factor for HR professionals.

A fresher in the beginning in a corporate set up may earn up to Rs. 7500 per month. But in HR, as the experience grows, you earn more and more. The best part is you get to learn all the processes and strategies of the organization. Through people relationships, you gain more contacts inside and outside the company and, in short, start exercising more power and authority without a higher designation as you learn the process.

So, if you want to go for HR, the passion should be primary and the money factor secondary. A fast growth monetarily is not that easy.

Regards,

Manoj

Hi Gaurav,

If you are in the HR department, could you do me a favor by filling out a questionnaire for my project survey on recruitment? I have attached it. You can email me at nainmeenu@yahoo.com.

Thanks,
Meenakshi

Dear Roshini,

Research has clearly shown that, time and again, money is not a motivator. Having said that, money is required to survive, and it is a means rather than an end in itself for survival. However, to be successful in HR, one necessarily needs to be a thoroughbred individual with multi-faceted exposure and expertise. Many times, such challenges will be required, and if you can accept and face them confidently, then it will become your favorite game. If not, please do not enter into such experiments.

All the best,

kriskumars
Chennai, India

Dear Roshni,

It's good to hear that you are concerned about your future. I am also pursuing an MBA in HR, and what I found among my batch mates is that they have limited knowledge about the field and often claim that "Finance and Marketing are not everyone's cup of tea."

Do you know that even most of the placement agencies and the Training and Placement cell of my institute indirectly suggest that I should consider leaving HR and choose a different specialization?

However, I personally feel that they don't have a comprehensive understanding of HR, and due to their perceptions, they make such statements.

I would like to suggest that you not focus solely on salary and placement. Instead, listen to your heart and consider whether you genuinely enjoy this field, as job satisfaction is crucial in the long run. I have encountered numerous cases where students pursued Engineering, hotel management, and other professional courses before opting for an MBA. Upon inquiry, some mentioned they chose Engineering because their parents wanted them to, while others joined due to their friends' influence. Some believe that an MBA guarantees a job.

However, they overlook the fact that during interviews, it is not the college that is being interviewed but the candidate or student.

Therefore, my advice to you is not to be swayed by what others are doing. Focus on yourself and what you truly want. Listen to your heart and respect your choice of career.

Regards,
Sujeet

The career growth opportunity in HR is huge but competitive, and this competitive situation is becoming more intense day by day. In this scenario, having a solid knowledge base can set job candidates apart. However, the choice is ultimately yours. If you decide to pursue an MBA with a major in HR, aim to acquire out-of-the-box knowledge.

Thank you.
Regards

Hello All, I am planning to pursue an MBA in HR through distance learning. Please recommend good institutes for this program. Additionally, I would like to know if it is advisable to pursue an MBA in HR from the Indian Institute of Business Management & Studies.

Thanks in Advance.