Benefits of an MBA
It is well known that higher education leads to salary increases, particularly for those pursuing Masters in Business Administration degrees (MBAs). Business Week reports median starting salaries as high as $125,000 for graduates of top MBA programs. Beyond salary increases, MBAs can also help professionals to advance rapidly in their careers from entry-level positions to more fulfilling roles. MBAs offer advanced knowledge of business workings, as well as the opportunity to gain specific proficiency in an area of interest, referred to as a concentration. For those looking to further their career in Human Resources, for example, an MBA can help to achieve personal and professional goals.
Careers in Human Resource Management
High-level human resource jobs have gained much attention of late for their high job satisfaction and quality of life ratings. CNN rated Employee/HR Trainers as the 19th best job in America in 2012, due to the high levels of personal satisfaction and benefit to society that professionals in this position feel. Earning a median salary of $67,900, HR Trainers number over 200,000 and have experienced a 28.3% job growth over the last ten years.
HR Trainer is just one of the many positions available to individuals with a MBA in Human Resource Management. An MBA also opens the door to move from entry-level positions into positions such as Compensation and Benefits Manager, Employee Relations Manager, Human Resource Director, Recruiting Manager, and more. This degree typically offers a wide array of classes spanning many functions of a business, giving students a working knowledge of all aspects contributing to the success of a firm, along with specialized knowledge of human resources. This type of degree program makes employees more valuable to the business, since they are aware of how their specialized field relates to the company at large. An employee with this perspective is uniquely adapted to serve as the liaison between upper level executives and business strategists and their employees.
HR Management Curriculum
A typical degree program includes introductory courses to all business functions, integrated with a series of specialized, in-depth classes on human resources theory and strategy. Michigan State University?s Broad MBA program in Human Resources?offers an example of this combinatory curriculum. The Broad MBA in Human Resource Management includes a 28 credit core of classes spanning from accounting to marketing to finance. 15 credits of specialized human resource management classes and 15 credits of electives allow students to maximize their expertise in the areas of business they are most interested in. Most MBA programs follow a similar format for their human resource management curriculum.
Conclusion
If you?re working in the human resources field, or looking into breaking into this highly satisfactory and fast-growing area of business, an MBA in Human Resource Management may be the advantage you need to achieve your professional goals.
Sam Herzing is a blogger at the Michigan State University Broad School of Business, featuring the 2nd best MBA in Human Resources program in the nation, as rated by Financial Times in 2012.
Source: http://www.guukle.com/mba-human-resources/
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