I have completed my MBA in HR and Finance. My query is: which of these fields is considered the best in terms of salary and scope? Which field offers better earning potential and opportunities for growth? Additionally, which roles are typically deemed most crucial within these industries? Who is more likely to ascend to the position of CEO - individuals with a background in HR or Finance?
Please provide me with your insights on these questions. Thank you.
From India, Madras
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1Please provide me with your insights on these questions. Thank you.
From India, Madras
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Didn't you get time to think about this before you finished your MBA?
1) The entry-level salary opportunity would be higher in Finance. For example, Investment Banks pay the highest packages across all domains.
2) Scope-wise, you really cannot compare; they are an equally important part of any company.
3) You should be choosing based on your interest and aptitude.
From India, Pune
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1) The entry-level salary opportunity would be higher in Finance. For example, Investment Banks pay the highest packages across all domains.
2) Scope-wise, you really cannot compare; they are an equally important part of any company.
3) You should be choosing based on your interest and aptitude.
From India, Pune
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As an HR professional, your entry-level salary could be relatively lower. However, since you mentioned that your primary interest lies in HR, I recommend pursuing a career in HR. As you progress in the HR field, your salary will also increase. Roles such as Organizational Development (OD) specialists often receive attractive compensation packages.
From India, Pune
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From India, Pune
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Being a person specialized in HR as well as Finance, you were supposed to have knowledge of both these areas. In my opinion, people specializing in HR can excel in dealing with humans. Salary-wise, they may not have much scope initially, but in the long run, they tend to have the power to negotiate depending on their expertise. On the other hand, finance professionals have the advantage of understanding financial elements, and with their people skills, they can be as effective as HR professionals in a company. It is not uncommon to see many senior officers with technical backgrounds successfully managing this dual role. Additionally, finance professionals often enjoy better salaries right from the beginning of their careers.
Regarding your question about who can become a CEO—anyone who has learned how to effectively utilize their experience within an organization over time can emerge victorious in the race.
- Nisha
From India, Mumbai
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Regarding your question about who can become a CEO—anyone who has learned how to effectively utilize their experience within an organization over time can emerge victorious in the race.
- Nisha
From India, Mumbai
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i think HR Person gets higher salary and also the HR people knows well how to lead the team or Organization, so there is chances more that an HR person becomes a CEO.
From Singapore, Singapore
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From Singapore, Singapore
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I'm a student of MBA, and it seems I'm also following the same path as the guy who started this topic. Currently, I'm doing my MBA in Finance, and after finishing it, I'll do another MBA in HR. The reason for entering into HR is not that I'm weak in finance (as most people do). My finance is good, but I think the level of interest I've got in HR, no one else can have! I believe both subjects are very essential in running any organization. To me, HR is more of a LINE FUNCTION than a SUPPORT FUNCTION. Finance is about running your company, and HR is about getting the most out of your partners, peers, and subordinates. I think one should enter the Finance department and have good involvement in the HR department too!
From Pakistan, Karachi
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From Pakistan, Karachi
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Hi dear. It was shocking when I read this from you. Remember one thing: big organizations will never select their CEO based on the candidates' qualifications or experience. The basic thing they see before the selection of a CEO is the attitude and the person as a human being, and this is seen especially in organizations like TATA.
So what I would tell you is to try and identify your strengths and go into a related field where you can excel in that particular role, which can lead to your desired CEO position. As someone said, "Finance people become CEOs," I would add that most of the CEOs who failed in their careers are from an MBA finance background.
Hope this could be of some use to you.
From India, Hyderabad
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So what I would tell you is to try and identify your strengths and go into a related field where you can excel in that particular role, which can lead to your desired CEO position. As someone said, "Finance people become CEOs," I would add that most of the CEOs who failed in their careers are from an MBA finance background.
Hope this could be of some use to you.
From India, Hyderabad
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Hi,
HR or Finance, both have their own values and importance. In my view, HR is the best choice. But, let me clarify that the choice entirely depends on you. You have to evaluate yourself and choose a field based on your interest where you feel that you are the best, can contribute well, and generate good results.
Ravi
From India, Madras
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HR or Finance, both have their own values and importance. In my view, HR is the best choice. But, let me clarify that the choice entirely depends on you. You have to evaluate yourself and choose a field based on your interest where you feel that you are the best, can contribute well, and generate good results.
Ravi
From India, Madras
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Hi friend... Thanks a lot.. Because i’m really with my career.... I think i’ll do great in HR.Is it possible to work in combination of Hr and Finance?
From India, Madras
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From India, Madras
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