Few professionals have as diverse a skill set as human resources managers, directors and executives. In addition to a broad base of business knowledge, HR decision-makers are well-versed in corporate recruitment, compensation, organizational training and employment law. Because of their diverse areas of knowledge, HR leaders fundamentally understand the workings of an organization and are often consulted for high-level organizational decisions.
Develop a Highly Coveted Comprehensive Skill Set
Earning an online MBA in Human Resource Management from Northwest Missouri State University provides this comprehensive skill set, which is sought after by HR departments in companies of all sizes. In addition to core MBA business courses, this specialized program includes four concentration courses in human resources management:
Advanced Human Resource Management: An overview of HR management with a focus on recruitment, selection, training and development, compensation, and legal concerns.
Management of Compensation and Benefits: An examination of the design of compensation and benefit plans, with an emphasis on how these packages can enhance recruitment, productivity and morale.
Organizational Training and Development: Fundamentals of training and development for complex organizations, with a focus on needs assessment, learning environment design, methods and evaluation.
Recruitment, Selection and Placements Strategies: Examines a comprehensive staffing model, emphasizing staffing support systems, core staffing systems and retention management.
Develop Your Natural Abilities for HR Leadership Careers
This program is ideal for candidates with innate people and problem-solving skills. The curriculum is designed to refine these raw skills for HR management functions, including decision-making, interpersonal relations, organizational development and public speaking. Students in this program learn to become the chief architects of their organization’s development and ongoing personnel strategies. They learn to evaluate talent, distinguish business-driving performers from replaceable workers, and to nurture relationships in order to retain top talent.
The job market is competitive for human resources managers, according to the U.S. Bureau of Labor Statistics, but MBA graduates with industry-specific skill sets have an advantage. For most corporate employers, an MBA or equivalent graduate business degree — preferably with a focus on HR — is required. This training prepares graduates to enter human resources management, a field with expected growth of 12,300 new jobs between the years of 2016 and 2026. One of the greatest benefits of all for well-educated HR managers is that they can work in nearly any industry, which makes the career much more immune to economic swings.
An MBA in HR can prepare you for lucrative, challenging leadership roles (Median compensation including salary + bonus, as of February 2018 from Salary.com):
- Human Resources Supervisor, $71,550: Develops and administers HR programs and policies, including staffing, compensation, benefits, immigration and employee relations.
- Human Resources Manager, $104,224: Designs, plans and implements human resources programs and policies for staffing, compensation, benefits, immigration concerns, employee relations, training, and health and safety.
- Regional Human Resources Manager, $107,090: Designs, plans and implements HR programs and policies, including staffing, compensation, benefits, visa/green card processing, employee relations, and training for a region within an organization.
- Human Resources Director, $137,564: Plans, directs and implements policies for all areas of the human resources function.
- Compensation and Benefits Manager, $104,383: Leads the development, implementation, and administration of compensation and benefits programs and policies.
- Training Manager, $98,120: Designs, plans and implements corporate training programs and policies.
An MBA in HR management provides the training that organizations in nearly every industry demand for these and an ever-growing array of leadership positions within the scope of HR.
Learn more about Northwest’s online MBA in HR Management program.
Sources:
U.S. Bureau of Labor Statistics: Human Resources Managers
Poets & Quants: HR Execs Make the Case for the MBA
