Masters in Human Resource Management

What is Human Resource Management

Human Resources Management deals with effective management of workers to achieve the goals of the organization. Human Resources Management has to maximize employee performance and is concerned with policies, systems, employee-benefits, employee-recruitment, training and development, and rewarding. Specialist courses in HR policy and practice, HR analytics and Strategic HRM are complemented by courses in accounting, global operations management and marketing. Opportunities for the development of a strong portfolio of professional skills lead into a specialist HRM focussed industry-linked consulting project.

With a Master of Human Resource Management graduates will be equipped with the skills and knowledge required for a career in fields related to human resource management.

Requirements to Study Human Resource Management

Business schools require you to give the GMAT which forms the most important part of your application. Few universities also accept GRE scores in place of GMAT scores. They also require a minimum 2-3 years of work experience (depending on the program you intend to join). IELTS or TOEFL is compulsory for acquiring student visa and as a proof of English proficiency.

Core Subjects in Human Resource Management

In this course, students get to know the basics and fundamentals related to human resources management. Various subjects include:

  • Staffing
  • Employee training
  • Compensation and benefits
  • Employment law and labor relations
  • Workforce diversity
  • Workplace health and safety

Specialisations in Human Resource Management

Specialization topics include:

  • Training and Development
  • Compensation and Benefits
  • Strategies in Human Resources Management
  • Employee and Labor Relations
  • Organizational Development

Cost of Studying Human Resource Management

Although the fees vary from university to university, the average tuition cost for masters in Human Resources Management in the US are $27,000/year. Average living costs vary upto $8900/year. Tuition fees are around C$20000 in Canada. In Australia, average tuition costs are A$33000 / year and the average living costs are A$8,500/year.

Job Prospects after Masters in Human Resource Management

United States$41,256 - $94,484$64,454
United Kingdom£24,606 - £52,483£35,469
SwitzerlandCHF 67,311 - CHF 179,191CHF 108,856
SingaporeS$39,348 - S$130,456S$70,584
New ZealandNZ$46,243 - NZ$121,780NZ$80,745
Netherland€36,778 - €78,326€50,175
Japan¥2,579,525 - ¥10,849,583¥5,683,794
Ireland€31,041 - €72,244€47,846
Germany€29,509 - €89,001€44,500
France€31,192 - €86,555€53,820
CanadaC$46,405 - C$98,168C$68,735
AustraliaAU$57,125 - AU$137,485AU$88,579

2019 Top Universities for Masters in Human Resource Management

Loyola University Chicago
Cornell University
Pace University
Ohio State University
New York University
University of South Carolina
DePaul University

More Universities to target for Human Resource Management in 2019