2 years full-time
Chitkara Business School in collaboration with ManpowerGroup offers 2-year full time MBA in Human Resource Management.
Chitkara University and ManpowerGroup, two prominent players in their respective fields, having realized the need to build an interface between Academia and Industry, have joined hands to produce quality Human Resource professionals. The training methodology will provide integrated inputs which will help to develop high degree of conceptual skills, analytical skills and quality technical knowledge base among aspirants and prepare them for managing the workforce across all industry.
Chitkara Business School in collaboration with ManpowerGroup aims to produce capable HR professionals to meet immediate requirements of Industry. Our program would prepare graduates for a number of entries, mid, and high level positions, as determined by a student’s work experience.
Depending on a student’s background and an employer’s criteria, graduates of the Human Resource Management specialization may qualify for these positions:
HR Manager /Assistant HR manager | Management Trainee – HR | HR Executive | HR Generalist | Compensation and Benefits Executive | Training and Development –Executive/Manager/AM | Organization Development Consultant
ManpowerGroup the world leader in innovative workforce solutions, creates and delivers high-impact solutions that enable our clients to achieve their business goals and enhance their competitiveness.
With over 60 years of experience, our $22 billion company creates unique time to value through a comprehensive suite of innovative solutions that help clients win in the Human Age. These solutions cover an entire range of talent- riven needs from recruitment and assessment, training and development, and career management, to outsourcing and workforce consulting. ManpowerGroup maintains the world’s largest and industry-leading network of nearly 3,600 offices in over 80 countries and territories, generating a dynamic mix of an unmatched global footprint with valuable insight and local expertise to meet the needs of its 400,000 clients per year, across all industry sectors, small and medium-sized enterprises, local, multinational and global companies. The ManpowerGroup suite of solutions is offered through ManpowerGroup Solutions, Experis, Manpower, and Right Management.
Although its headquarters is based in the United States, ManpowerGroup derives 65% of its total revenues from Europe. The company’s largest markets are France (28% of total revenues), the United States (15% of total revenues), and Italy (6% of total revenues).
World’s Most Ethical Companies
In 2012, for the second consecutive year, ManpowerGroup was the only company in our industry to be named to the Ethisphere Institute’s prestigious list of the World’s Most Ethical Companies.
Fortune U.S. and Global Rank
ManpowerGroup is currently ranked 129 on the Fortune 500 list of America’s largest companies and 500 on the list of the world’s biggest companies.
Fortune’s Most Admired Companies
ManpowerGroup was named to Fortune magazine’s list of the World’s Most Admired Companies in 2012, our tenth successive year on this list.
MBA IN HR MANAGEMENT – PROGRAM OVERVIEW
With the encouraging current growth rate and many sectors in India doing extremely well, managing the organisation’s human resources has become a critical issue. Specialists in the field of Human Resources are much in demand today for deploying their skills to hire, manage and retain talent in times of downturn and economic growth. Companies today realize that world class human resource capability is pivotal to global success. This has changed the outlook of Indian corporate cultures towards Human Resource Management in recent years. Whether it is Indian firms with a global outlook, global firms seeking to adapt to the Indian context or the HRM practice in PSU’s, HR practices and managers are being seen as critical for a competitive edge.
Who is this course for?
This course is a ‘must-do’ for those with an interest in developing and maintaining positive human relations in the workplace and improving productivity through its key assets – people.
Over the last two decades, India’s image as a land of snake charmers has changed rapidly to that of a power house of human resources. Our greatest resource today is our people, be it our entrepreneurs or our large, young and vibrant working population. India’s human resource industry, dominated by talent acquisition in the form of recruitment, temporary staffing and executive search, has been growing be an estimated CAGR of 21% over the last four years and is now estimated at more than INR228 billion.
Many global players have entered the Indian market over the last decade and some are poised to make the quantum leap. This market is rapidly moving from a highly fragmented and unorganized sector to a structured and organized industry. The Indian HR solutions industry has grown significantly. This is largely attributed to the change in the mindset of large Indian companies in two ways:
Companies have started increasingly engaging consultants to meet their HR requirements on account of the growing complexity of doing business and talent challenges.
They are opting for a temporary staff model to have smaller bench strength to withstand the global economic crisis.
Given this transformation in customer segments, the industry is emerging as more than just a vendor in clients’ growth plans. The present HR marketplace in India has some individual freelancers, startups, small and medium players, as well as large Indian companies and MNCs. The size of this space is expected to be more than INR228 billion and has grown at a CAGR of 21% in last 5 years.
The industry can be broadly divided into permanent recruitment with a market size of INR23–25 billion, temporary recruitment with a market size of INR 167-170 billion and other segments with a market size of INR 33-38 bn The strong growth witnessed by the sector has brought a combination of opportunities as well as challenges. Permanent recruitment has grown on the back of growth in key customer industries, with large MNCs entering the Indian market and expanding their presence, as well as the emergence of new industries. However, permanent recruitment companies face challenges in the form of high attrition and competition from online portals.
Temporary recruitment companies are growing with organizations that are gradually increasing their share of temporary staff in their total workforce to withstand the economic downturn — recognizing the merits of having temporary staff. However, such companies face high attrition rates with clients absorbing temporary staff, pressure on their working capital and compliance with laws applicable to permanent staff.
HR solutions is a highly competitive and fragmented industry that is poised for enormous growth in the next 10 years as companies increase their investment in their HR infrastructure.
Furthermore, changing market dynamics and global competitive pressures has resulted in business becoming more complex, making companies realize the importance of having the right employees undertaking complex tasks and outsourcing non-core activities. Those that were earlier reluctant to engage external vendors now consider HR consultants to be their partners in their organizations’ growth strategy.
Temporary and permanent recruitment are estimated to contribute 86%1 to the overall market size. Temporary recruitment (staffing) has the largest share at 73%1 of the market, since it includes pass through salary costs.Permanent recruitment has a 13%1 share and only includes the net fees from each successful referral.
The others categories primarily include small and emerging offerings such as the following:
The HR solution industry – Career Prospects
The HR solutions industry is highly competitive and is poised for enormous growth in the next 10 years as companies increase their investment in their HR infrastructure.Changing market dynamics and global competitive pressures has resulted in business becoming more complex. This has made companies realize the importance of getting the right candidates to undertake complex tasks and outsourcing non-core activities. Companies that were earlier reluctant to engage external vendors now consider HR consultants their partners in achieving their organizational growth strategy.
The search market, which evolved in the late 2000s, is expected to continue growing on the back of the expansion and entry plans of large domestic and international companies into new sectors and geographies.
Recruitment is expected to evolve from a fragmented ecosystem to players adopting ways to work closely with clients’ requirements, where “resume pushers” (who do not add significant value to their clients) will eventually get marginalized. Recruitment companies are likely to move away from sourcing relevant candidates to accessing the right ones by using psychometric and other robust tests to shortlist them.
Temporary staffing, one of the leading HR trends today, is expected to increase its penetration significantly, given the current uncertain economic conditions. Companies and captive units are likely to increasingly depend on agencies to lease them with the required manpower in time, to meet sudden demand from clients.
Organizations are fast realizing the benefits of outsourcing non-core activities and focusing on enhanced value added activities. Outsourcing non-core activities enables HR professionals to move away from routine administration to a more strategic role. As a result, the number of companies outsourcing HR activities is expected to continue to rise and the scope of outsourced HR activities to expand.
Our MBA program in Human Resource Management provides the perfect platform for all students who wish to pursue their career in the field of HR. The program is run in partnership with ManpowerGroup, USA based world’s largest HR Consultancy Firm. It is a 2-year full time program with common courses covered in first two terms followed by specialization courses in next two terms.
In 2nd year of the program, the students are placed as Intern in various branches of ManpowerGroup to understand functioning of various HR verticals for a year, hence, raising the competency level of our students as per latest industry requirements. Following are some of the subject that will be covered during the program:
Some of the major companies who have recruited our banking & finance students in the previous years are:
However, the candidate must submit his/her graduation completion certificates by September 30, 2017 failing which he/she shall be de-registered.
Admission to the MBA Program at Chitkara Business School is based on the merit ranking in CAT / MAT / NMAT / XAT / CMAT score followed by group discussions and personal interview. Applicants who have not taken any of the above mentioned entrance examinations shall have to take Chitkara University Test with group discussions and personal interview. Decision of the jury will be final.
Start Your your Admission Process here…