Hi! I am currently pursuing an MBA in my first year (second semester). I am supposed to choose my major and minor specializations and am confused about whether to choose HR as a major or Finance as a major. I have heard that there are good opportunities for women candidates in HR. However, my faculty members have told me that there is less scope in the entry level for HR compared to finance. Please suggest to me which one to opt for as a major. If I choose HR as a major and Finance as a minor, is there any chance of getting jobs in finance as well? Also, I want to know the growth prospects in HR and the general salary offered to freshers in HR and Finance. Please advise me on this matter.
From India, undefined
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From India, undefined
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Every field has its own opportunities. Even assuming that functional areas like finance and marketing make an entry into a career easy, your further growth in it depends on the quality of your performance in that function. The quality of performance is directly proportional to your aptitude and natural flair for that subject and the talent for it. For example, finance needs a bit of aptitude for business mathematics, technical analysis, and flair for dealing with figures. Do not go by only market considerations in choosing a career but go by your natural inclinations and passion. I have seen many candidates trying to switch from marketing to HR and from HR to marketing in search of a career habitat where they feel at home. So ask yourself where you are naturally inclined to go and what you are passionate about, then give adequate time to think coolly about the matter.
B. Saikumar
From India, Mumbai
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1979B. Saikumar
From India, Mumbai
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Greetings!
Your question is the same as asking a person if they would like to have a Masala Dosa or Aloo Parantha. Now, it depends on your taste and your hunger at the time. Both may cost almost the same and will be able to fill your appetite for the time, but they are totally different in taste and belong to different parts of our country.
It is your inclination towards the profile that suits you best. As per your question, it makes me feel that MBA was not your choice, but you might have been forced, or there was no other option left, or maybe your close friends joined so you did too. This question you must have asked yourself before joining the course. Why did you join in the first place?
All jobs are as good for women as they are for men. The world's top MNCs like Pepsi and ICICI are headed by women. So please come out of a female mindset and face the competition. You can be far more successful in your field than your fellow male counterparts.
Start thinking beyond the first job, whether in HR or Finance. What is your ultimate life goal and how will you reach there? Both streams can help you; it is you who will drive your life cycle on the path. Others might give you a push to start, but efforts will be entirely yours. For the first 5 years of your career, do not worry much about salary. Learn to seek perfection in whatever you do. Once you are a master in any field, money will follow you.
All the Best!
From India, Delhi
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Your question is the same as asking a person if they would like to have a Masala Dosa or Aloo Parantha. Now, it depends on your taste and your hunger at the time. Both may cost almost the same and will be able to fill your appetite for the time, but they are totally different in taste and belong to different parts of our country.
It is your inclination towards the profile that suits you best. As per your question, it makes me feel that MBA was not your choice, but you might have been forced, or there was no other option left, or maybe your close friends joined so you did too. This question you must have asked yourself before joining the course. Why did you join in the first place?
All jobs are as good for women as they are for men. The world's top MNCs like Pepsi and ICICI are headed by women. So please come out of a female mindset and face the competition. You can be far more successful in your field than your fellow male counterparts.
Start thinking beyond the first job, whether in HR or Finance. What is your ultimate life goal and how will you reach there? Both streams can help you; it is you who will drive your life cycle on the path. Others might give you a push to start, but efforts will be entirely yours. For the first 5 years of your career, do not worry much about salary. Learn to seek perfection in whatever you do. Once you are a master in any field, money will follow you.
All the Best!
From India, Delhi
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If you want to pursue your career in HR, then go ahead. There are immense opportunities in HR as a fresher. In the final semester, there is a project that you need to complete in a company. You may try applying for vacancies there, or you can update your CV on job sites where there are numerous openings, specifically in startups. Start by joining a small company, begin with recruiting, then progress to payroll, statutory compliance, employee engagement, and training and development. Eventually, specialize in one aspect of HR. Wishing you all the best.
Regards,
Deepak Vasudevan
HR Professional.
From India, Ernakulam
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Regards,
Deepak Vasudevan
HR Professional.
From India, Ernakulam
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You have received some good suggestions from our members. While you make a decision, it is natural to face a dilemma. You can get clarity if you do a bit of homework (in addition to your posting on this thread). Are you good at numbers (and analyzing) OR good at interpersonal relationships with a flair for communication? What have been your school/college level scores in English, vernacular languages, and Mathematics? Where do you think you can get additional support - is it in HR or Finance? When you take different objective type tests, how do you fare in certain subjects such as Comprehensive ability tests, Analytical reasoning, Computing ability, etc. If you consider the above, you will get a clear picture.
V. Raghunathan
From India
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V. Raghunathan
From India
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Now it is known to me that articles are nothing but inspiring, and everything to do something great. This is a great article for people who want to pursue freelancing.
http://www.thinkittraining.in/android
From India, Chennai
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http://www.thinkittraining.in/android
From India, Chennai
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Hi Priyamvadaji,
If you have completed your B.Com with a good understanding and grades in Accounts and Maths, and possess an interest or passion for Finance-related tasks, you might want to consider pursuing an MBA in Finance. The field of Accounts and Finance generally offers more opportunities compared to HR. Nevertheless, the decision ultimately rests on your personal preferences.
WISHING YOU GOOD LUCK.
HR Consultant
31.3.16
Email: c.neyimkhan@gmail.com
From India, Mumbai
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If you have completed your B.Com with a good understanding and grades in Accounts and Maths, and possess an interest or passion for Finance-related tasks, you might want to consider pursuing an MBA in Finance. The field of Accounts and Finance generally offers more opportunities compared to HR. Nevertheless, the decision ultimately rests on your personal preferences.
WISHING YOU GOOD LUCK.
HR Consultant
31.3.16
Email: c.neyimkhan@gmail.com
From India, Mumbai
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Indian corporates feel more comfortable having Chartered Accountants on board as finance professionals. The recent trend, even in top investment banking companies and MNC banks, has shifted towards hiring Chartered Accountants, unlike Europe and the US where they still prefer MBA finance graduates. If you are studying in one of the premier institutions, there are still opportunities to build a career in top-grade companies. However, if you are not from a premier institute, my suggestion would be to consider HR, as future mobility prospects are likely better.
From United+States, San+Francisco
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From United+States, San+Francisco
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