When it comes to choosing an academic program, it can be challenging to find the best school and program for you. There are many factors to consider, including the usefulness of the degree in furthering your career, your level of interest in the subject, and ease of access to your school and course materials.
A master of business administration degree provides you with a working knowledge and actionable skills to apply in a managerial position. An MBA with a concentration in human resources is a specialized degree that prepares you to manage the human resources department of a company. Human resources departments are responsible for managing business functions including hiring, payroll, employee complaints, training, labor laws and regulations, benefits, and dismissal. If employees are the engine of an organization, then the human resources department is the mechanic. If you like the idea of helping an organization run smoothly by taking care of its employees, an MBA in human resources may be right choice for you.
What Types of Courses Will I Take in an HR MBA Program?
When you earn an MBA in human resources, you can expect a well-rounded business degree supplemented with specialized information about human resources. At the University of Southern Indiana, the fully online MBA in Human Resources program gives you the flexibility to study anywhere you have internet access. During your online MBA program, you will complete 30 credit hours — 21 core credit hours and nine credit hours in the human resources concentration.
Understanding business operations and management is a crucial part of successful HR management. The online MBA program incorporates interactive and experiential learning to maximize understanding. Courses such as MNGT 611 Leadership Skills and Innovation, ECON 601 Managerial Economics, and MNGT 681 Strategic and International Management prepare you for the operational responsibilities of being in management. Other courses such as CIS 601 Information Systems and Technology, FIN 601 Financial Management and Markets, and MKTG 601 Marketing Strategies provide you with the skills needed to help an organization turn a profit and run efficiently.
Your human resources courses include BLAW 618 Legal and Social Environment of Business, MNGT 601 Managing Human Capital, and BAN 602 Data Driven Decision Making. These courses are designed to give you a thorough understanding of the legal issues for human resources management, career development, compensation and reward systems, performance management, communications, and implementation of HR policies and practices. Your human resources concentration courses supplement your business core courses to give you a powerful edge when entering the human resources management occupation.
What Can I Do With an MBA in Human Resources?
With an MBA in human resources, you will have plenty of room for upward movement. The degree qualifies graduates for positions such as payroll director, affirmative action officer and human resources manager. Within the field of human resources management, there are various levels, depending on the size of the organization. For example, many companies employ HR generalists, HR specialists, an HR manager and a VP of HR. Depending on your years of experience, you also have the potential to work independently as a human resources consultant, helping companies improve their human resources operations.
What Will I Get Out of an MBA in Human Resources?
The field of human resources management is growing. Between 2016 and 2026, the Bureau of Labor Statistics expects the occupation to grow nine percent, which is more than most other occupations. Therefore, highly educated and qualified candidates will be in demand for the 12,200 human resources management jobs that the industry expects to add by 2026. In addition to a thriving job market, human resources managers enjoy substantial salaries. In 2016, the median annual salary for human resources managers was $106,910. When you earn an MBA in human resources, you make an investment that you can expect to see returned many times over.
Knowledge is power. With the appropriate education, you can surely achieve your goals. If you aspire to work in the growing and lucrative field of HR, it is time to empower yourself with an MBA in human resources.
Learn more about the University of Southern Indiana’s MBA — Human Resources online.