Overview of Online MBA in HRM and Finance


Are you looking for a flexible mode of higher education in the sectors of banking, finance, human resource management, and marketing after graduation? Then Online MBA in HRM and Finance is the right course for you.


Universities offers Online MBA in HRM and Finance

Are you looking for a flexible mode of higher education in the sectors of banking, finance, human resource management, and marketing after graduation? Then Online MBA in HRM and Finance is the right course for you. This two-year specialization in master's program comes with the benefit of both Human Resources Management and Finance. The admission process for this course is generally online and might be both ways either entrance or merit-based depending on the University/ College rules. 

Students with an Online MBA in HRM and a Finance degree occupy the job roles of HR Consultant, Financial Analyst, Employee Relations Manager, HR Business Partner, Talent Acquisition Manager, and Compensation and Benefits Manager. They play an important role in managing finance, human resources, acquisition, analysis of money stock, and managing the workflow of the particular organization. 

This blog will serve you with authentic and comprehensive information about the admission process, eligibility criteria, advantages of the program, salary, fee structure, and more. Read the full blog to get a deeper insight before taking crucial steps in pursuing the master's degree in HRM & Finance. 

What is an Online MBA in HRM and Finance?

Online MBA in HRM and Finance is a two-year master's degree in human resource management and finance. Candidates from a UGC-affiliated University/ College with a 50% score in related streams can apply for the program. Aspirants with a keen interest in making a career in banking, marketing, and finance can opt for this course. This program follows a set of combined curricula related to finance, marketing, and human resource management which includes Managerial Economics, Principles of Economics & Markets, Legal Aspects of Business, Employee Reward Management, and Advanced Strategic Management.

The fee structure for an Online MBA in HRM and Finance might vary from INR 0.56 LPA to INR 8 LPA depending on various UGC accredited universities/Colleges. Salary ranges for its managerial and leadership roles lie between INR 3 to INR 8 LPA depending on your work experience, the location of the organization, and the salary budget of the firm. 

Scroll the blog further to get an overview of the course, from the entrance exam, eligibility criteria, top recruiters, average salary, and more. 

Overview of the Online MBA in HRM and Finance Program

Attributes

Key Features

Course Name

Master of Business Administration

Course Specialization

Human Resource Management and Finance 

Course Level

Postgraduation

Course Duration

2 years

Recognition & Accreditations

UGC, NAAC, NIRF, AICTE, WES

Eligibility Criteria

Graduate with a 50% score from a recognized UGC University/ College

Learning Mode

Online

Fee Structure

INR 0.56 to INR 8.74 LPA

Entrance Exam

TANCET, CMAT, XAT, GMAT, PGCET, ATMA, SNAP, MAH CET

 Average Salary

INR 3 to INR 8 LPA

Top Recruiters

ICICI Bank, KPMG, Wipro, Google, Flipkart, HDFC Bank, SBI, NBFC, Infosys

Advantages of Online MBA in HRM and Finance Program

Here’s a list of the advantages that you can have while pursuing the Online MBA in HRM and Finance Program:

  • Diverse job opportunities: MBA in HRM and Finance offers diverse job opportunities in financial expertise and talent acquisition fields. Candidates can occupy the job posts of HR Manager, Financial Analyst, HR Consultant, HR Business Partner, Training HR Manager, Investment Banker, Portfolio Manager, Credit Risk Manager, Labour Relation Manager, etc.
  • Lucrative Salary: Candidates with advanced skills in human resources management and Finance are offered lucrative salaries and managerial job posts in big companies. You can aspect your salary range between INR 6 to 15 LPA after your master's in Finance and marketing.  
  • Niche-based expertise: Masters help you sort particular subjects and streamline your career in a definite direction. You gain subject matter expertise when you niche down your domain, which also helps in gaining good exposure in top companies. 
  • Network & Collaboration: The Online MBA program offers a great deal of networking with your industry-related professionals, peers, and communities. Online communication and collaborations with a wide range of people help you to discuss and learn from around the globe. 
  • Worldwide Recognition: Online MBA in HRM and Finance is a growing and high-in-demand domain around the world. A master's from a UGC-accredited university offers credibility and worldwide recognition. This degree holds the special power to pull jobs from around the globe. 
  • Advanced learning tool: The Online MBA in HRM and Finance offers you real experience on the LMS. The online platforms offer advanced techniques of learning through virtual conference calls, case studies, and practical projects. Virtual classes use modern applications like online seminars, pre-recorded classes, and video conferencing for convenient learning. 

Admission Procedure of the Online MBA in HRM and Finance Program

Here’s an easy guide to the admission procedure for the Online MBA in HRM and Finance program:

  • Registration Process: Search the Official website of the University/ College that you want to apply for the Online MBA in HRM and Finance. You can register for the online master’s program by signing in on the website and paying the registration fee via online payment mode.  
  • Application Form: You can fill out the Online MBA in HRM and Finance Program application form with all your details. Upload all your details/documents as requested by the respective University where you want to pursue your master's degree. Pay the fee for the application form for the Online MBA course of your desired UGC-accredited university and submit it. 
  • Verification & Approval: After the application form is accepted you’ll have to wait for the confirmation. The respective UGC accredited University/ College verifies your documents. Later, you’ll receive your shortlisted email where you can pay the fee and enroll in the program. 
  • Confirmation: Once your application has fulfilled all the criteria and requirements and verified it's time to finally receive the confirmation letter. You’ll receive the confirmation email and get access to the LMS of the Online MBA in HRM and Finance Program. 

Syllabus of Online MBA Program in HRM and Finance 

Semester 1

Semester 2

Principles of Economics & Markets

Entrepreneurship

Accounting & Finance

Financial Management

Managerial Economics

International Business 

Accounting for Managers

Operations Research and Management

Quantitative Techniques & Analytics

Legal Aspects of Business

Organizational Behavior & HR Management 

Marketing Management

Semester 3

Semester 4

Business Environment & Strategy

Human Resource Accounting 

Industrial Relations Management

Global HR Practices

Business Ethics & Corporate Governance

International Business

Employee Reward Management

Entrepreneurship 

Performance Management

Advanced Strategic Management

Operation Research for Managers

Top Quality Management

Job Prospects of Online MBA in HRM and Finance Program

Job Role 

Salary*

Human Resource Manager

INR 18 LPA

Learning and Development Manager

INR  22 LPA

Lecturer/ Teacher

INR 5  LPA

Finance Manager

INR 8 LPA

Marketing Head

INR 7 LPA

Employee Relations Manager

INR 22 LPA

HR Consultant

INR 12 LPA

Organizational Development Manager

INR 30 LPA

Compensation and Benefit Manager

INR 10 LPA

Conclusion 

We hope this blog answers all your queries regarding the Online MBA in HRM and Finance. You can now make a confident decision to pursue your masters in HRM and Finance after understanding the advantages it offers. Master of Business Administration in HRM and Finance provides lucrative job offers in the sectors of banking, finance, marketing, and human resources management. 

A Few Frequently Asked questions for Online MBA in HRM and Finance

The fee structure for the Online MBA in HRM and Finance Program of UGC accredited University/ College lies between INR 0.56 to INR 8.74 LPA.

Aspirants from UGC-accredited Universities/colleges with 50% scores in their graduation from the related stream can pursue the Online MBA in HRM and Finance. Candidates who wish to advance their careers in baking, human resource management, finance, and marketing with flexible learning modes can opt for it.

When applying for the Online MBA in HRM and Finance Program, look for the university/ College accreditation, fee structure, placements, curriculums, and comprehensive skill sets. Accreditations like UGC, NAAC, NIRF, AICTE, etc make the Online MBA in HRM and Finance degree valid and credible.

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