If you’ve decided to pursue a career in human resource management, you’ve made a wise choice. According to the Bureau of Labor Statistics, this field will see steady growth (13%) until the year 2022, with salaries averaging nearly $100,000 in 2012.
But when it comes to getting the right education to enter the field of human resource management, what’s more beneficial: an M.B.A. with an HR specialization or a master’s in human resources?
Master’s in human resource management vs. M.B.A. with an HR specialization
To help you decide whether you should pursue a master’s in human resource management or an M.B.A. with an HR specialization, ask yourself these questions:
Are you passionate about HR?
If you’re absolutely certain you want to pursue human resource management as a career, a master’s in human resource management would serve you well. A human resource management degree prepares students for human resource management careers with an intense HR-focused education.
Do you want a broad business education?
With classes that span from marketing to accounting, M.B.A. programs provide students with a comprehensive business education. An M.B.A. with an HR specialization enables students to choose HR electives, but the education is comprehensive, not HR focused. If you’re interested in HR but are also interested in business in general, an M.B.A. with an HR specialization may be a good fit for you.
How would you liked to be viewed by potential employers?
A master’s in human resource management sets you apart from other candidates. If you’re applying for a job within the human resource management field, a master’s in human resources will be viewed positively. If you’re applying for a business position outside the HR field, another degree may be a better option. Again, it all goes back to your career goals. A human resource management degree is ideal if you’re certain you want to work in the field. If you’re uncertain, an M.B.A. is a better way to go.
Are you ready to pursue your master’s in human resource management? Explore how Walden’s master’s in human resources program can help you meet your career goals.