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Masters of Human Resources Management Programs
While pursuing a masters degree in human resources, programs teach a complete understanding of the principles of managing human capital, an organization’s most important asset. Therefore, some of the key concepts that schools cover include training and development, compensation and benefits, and the legal and ethical aspects of an organization.
Did You Know?
46% of new hires are let go within 18 months of being hired. Of these, only 11% are because of a lack of skill. The other 89% are for attitudinal reasons, such as a lack of coachability and motivation.
EXPERT INSIGHT
We asked Senior HR Director Jaclyn Lee how a human resources management masters program may prepare students in the new digital economy:
“With the advent of the digital economy, the ability to use new tools to recruit and retain talents will give an organization its competitive advantage. A human resources masters program that equips students on how to use these new emerging tools may be very useful.”
~Jaclyn Lee- Senior HR Director at Singapore University of Technology and Design Click to Tweet
While pursuing a masters degree in human resources management, many programs teach the creative problem-solving skills, data-driven decision-making, strategic management skills, empathy, and ethics. These all contribute to understanding how human resources fits into and helps develop the overall strategies of businesses and organizations.
Often, some of the most important concepts and theories of human resources include those listed here.
As a result, many programs teach how to integrate these concepts into the overall business strategies of organizations. This may include through effective leadership strategies that promote human resources collaboration with overall business management.
Every school has their own admissions requirements. Therefore, it’s important to check with a few options to find one that matches your education and your goals. Some of the most common requirements include those listed below.
While these are the most common, remember that some schools are stricter than others.
Some full-time students can earn their masters degree in human resources in less than two years. However, this may depend on a number of factors, such as when courses are available and the unique design of that program. In addition, it typically takes longer for part-time students.
This normally includes all required courses and a capstone or thesis project. This project is an opportunity to show your complete understanding of the principles of human resources and the application to solve business problems. Most schools require a capstone or thesis. However, there are some schools that don’t, so be sure to check with a few options to find a perfect match for you.
Human resources management (HRM) describes the formal systems devised for the management of people inside an organization. Typically, the responsibilities of HRM fall into three different categories, which are listed below.
These focus on promoting the fact that the most important assets of a company is their workforce. Therefore, human resources looks to provide the people inside the company with the training, benefits, and support needed to promote effective work.
Human resources development (HRD) is the part of the human resources field that specifically deals with the training and development of employees. Therefore, HRD combines training and development to improve the effectiveness of the individual inside of an organization.
Human resources development provides a framework for the growth of human capital inside of an organization to improve the performance of every member of a team. This can include training and performing exercises to enable individuals to perform current and future jobs, so that they may have an opportunity to grow inside of the company.
When choosing to pursue a masters in human resources, there are typically three formats for you to choose from. Each of these appeal to different students and have unique benefits. The three learning formats are listed here.
For instance, on-campus HR degrees may help you network with professors, classmates, and active alumni groups, which may help during your job search. On the other hand, online programs provide flexibility because you can perform coursework whenever it is convenient for you. Plus, you may develop online communication skills that are important in the workplace. Hybrid programs combine the elements of online and on-campus, which is why it may be the best of both worlds.
While pursuing a masters in human resources, programs teach the roles that employers, employees, unions, and the government play in the employment relationship. Some of the other topics you may study include those listed below.
Though these are some of the most common topics that human resources management programs cover, you may analyze a number of other subjects inside the scope of human resources. Some of these may include the recruitment, hiring, onboarding, and development of new employees.
However, keep in mind that each school is different and may focus other aspects of human resources. Look at a few options to find one that matches your goals.
The courses of human resources management focus on combining advanced knowledge of the principles and concepts of human resources with practical knowledge. Plus, as technology becomes more integrated into all of the business processes, many masters in human resources teach how to apply information technology solutions to organizations.
Some of the courses you may take while pursuing your masters degree in human resources management include those listed below.
Remember that each program is unique. Therefore, the specific courses, and their titles, may vary from school to school.
Upon earning your masters degree in human resources management, there are a number of careers that you may pursue. Some of the most common positions, and their 2016 median annual salary, include:
Each of these positions typically only require that candidates have a bachelors degree. However, many companies look for those with a masters degree and a number of years of experience.iv While the specific responsibilities of these positions may vary, often those in these roles will align training with the organization’s strategic goals and evaluate the effectiveness of these programs.v
Many human resources masters programs have a curriculum and course of study that matches the requirements set forth by the Society of Human Resources Management (SHRM). This defines HR educational standards in business schools across the country. By aligning coursework with the SHRM certification, these programs may help you prepare for the exam.
By earning SHRM certification, you may be more likely to be looked at as an expert in human resources management. However, SHRM is not the only available certification. Some of the others are listed below.
Keep in mind that these certifications aren’t mandatory. However, many professionals choose to earn them to show their knowledge in the field and to stay up-to-date on current methods and approaches in human resources.
Take the next step to earn your masters degree in human resources. Click on any of the sponsored listings on this page to read program descriptions. You can even reach out to your favorites directly to request more information and apply today.
[i] bls.gov/ooh/management/human-resources-managers.htm#tab-5 [ii] bls.gov/ooh/management/training-and-development-managers.htm#tab-5 [iii] bls.gov/ooh/management/compensation-and-benefits-managers.htm#tab-5 [iv] bls.gov/ooh/management/training-and-development-managers.htm#tab-4 [v] bls.gov/ooh/management/training-and-development-managers.htm#tab-2 [vi] bls.gov/ooh/management/human-resources-managers.htm#tab-4
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