An MBA in HR and Finance is a higher education degree program that allows students to complete their Master of Business Administration program with dual specialisation. Online distance MBA in HRM finance accounting provides comprehensive knowledge and expertise among students for both fields including managing financial resources and people in a business using a flexible and convenient method of education. MBA in HR and Finance accounting is a popular combination of dual specialisation because it provides a broader skill set and deep understanding in both important areas of a business that potentially lead to wider career opportunities and strong salary prospects.
The program covers important topics in both areas including Training and Development, Recruitment and Selection, Organisational Behaviour, Financial Management, Cost Accounting, Financial Accounting, etc.
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MBA in HR and Finance Accounting provides a comprehensive understanding and industry-relevant skills of business management especially focused on accounting Principles marketing strategies and financial analysis that help individuals pursue diverse career paths. The course highlights of an online distance MBA in finance accounting and marketing are tabled below.
| Detail | Information |
|---|---|
| Duration | 2 Years |
| Eligibility | Passed Graduation from a recognized University with 45-50% marks, 5% relaxation for Reserved Category |
| Admission Process | Merit Based or Some Universities may Conduct an Entrance Test |
| Course Fee | INR 1,10,000 - 3,00,000 |
| Average Salary | INR 3.2 - 12.5 LPA |
| Top Recruiting Companies | Adecco India, TeamLease Services, HDFC Bank, AXIS Bank, Wipro, Genpact, Cognizant etc. |
| Job Positions | HR Recruiter, HR Analyst, Training & Development Manager, Financial Analyst, Risk Manager etc. |
A bachelor's degree from a recognised university in India with a minimum of 50% aggregate marks Clear our national-level entrance exams like GMAT, XAT, CAT, etc. for preferred admission Students may need to have some work experience in a relevant field
To prepare for an MBA in HR and Finance accounting entrance exam individuals should-
After completing an online distance MBA in HR and Finance accounting students develop demanded skills in both fields such as recruitment, talent acquisition, HR compliance management technical recruitment, corporate financing, financial analysis, accountancy and many more allowing students to pursue the following job positions in divers sectors-
An MBA in HR and Finance Accounting provides a strong foundation in both Finance and Human Resource Management that creates a diverse career path for graduates to pursue job positions in various sectors and industries. The promising scope of an MBA in HR and Finance Accounting allows students to choose a career path in both HR management (HR Manager, HR Business Partner, Compensation and Benefits Manager, Employee Relation Manager, Talent Acquisition Specialist, Training and Development Manager and Organisational Development Consultant) and Finance Accounting (Financial Analyst, Corporate Controller, Investment Manager, Financial Consultant and Finance Manager) or take hybrid roles in an organisation.
| Job Profile | Description | Average Salary |
|---|---|---|
| HR Manager | Oversees recruitment, employee relations, and HR policies. | ₹8 - ₹18 LPA |
| Training & Development Manager | Provides training to employees and helps in developing their skills. | ₹6 - ₹14 LPA |
| Talent Acquisition Manager | Manages hiring strategies and recruitment processes. | ₹7 - ₹15 LPA |
| Financial Analyst | Analyzes financial data for investment and business planning. | ₹6 - ₹15 LPA |
| Risk Manager | Identifies and mitigates financial and business risks. | ₹6 - ₹18 LPA |
The admission process for an MBA in HR and Finance accounting includes the following Steps-
Login to the admission portal by using your credentials shared on registered email id or you can directly login by entering an OTP received on the registered mobile number.
The next step is filling out all the details in the application form such as personal details, educational qualification and other details as required by the University.
Upload all the scanned documents, including high school, intermediate, and Graduation Mark sheets along with the Aadhar card and ABC (Academic Bank Credits) ID.
To finish the application, submit the academic fees online through debit, credit card, Net banking, UPI or you may also opt for a finance option. Interest-free Loan options are also available in which you can pay your fees in easy EMIs.
The University will then verify your documents and send you a confirmation mail regarding your admission, along with the login credentials to access your learning management system (LMS).
The fee structure of an MBA in HR and Finance accounting typically ranges between Rs 2 lakhs to Rs 23 lakhs depending on the reputation of the Institute and the type of program (Online, Offline, Distance, Part-time, Full-time). Other factors that affect the fee structure of an MBA in HR and Finance Accounting include Location, Selected Specialisation, Support Services and Placement Success Rate.
Pursuing a dual specialization in an online distance MBA program, particularly in Human Resource Management (HRM) and Finance, offers a multifaceted skill set that can enhance career prospects in various sectors. I have done my MBA from chandigarh university with dual specialization in HR and Finace in the same fees. Now i am placed, with the highest salary package offered being 5 LPA.
Hey prashi this side, i am pursuing my MBA in online mode from manipal university with dual specialization in HR and Finance. Having two specializations makes them more attractive to recruiters, especially for roles in HR analytics, compensation & benefits, or corporate finance with HR management.
Yes, an Online Distance MBA in HR and Finance Accounting is a worthwhile education program that offers flexibility to study dual specialisation with a convenient learning process and in a cost-effective structure.
Students will develop necessary skills in both HR and Finance Accounting fields such as communication, leadership, conflict resolution, financial analysis, negotiation, data interpretation, etc.
Yes, an MBA in HR and Finance Accounting is a valuable and credible degree that allows students to pursue job roles in both private and government organisations in India.
MBA with a dual specialisation is a good education program for individuals because it provides a broader skill set, a competitive edge in the talent market, better career scope and high salary prospects across borders.
Generally, the salary prospect for MBA in HR and Finance Accounting graduates ranges from Rs 2-20 LPA depending on the type of company, sector & industry, role in the business, level and experience, etc.
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