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online mba dual hrm and finance management

Updated at : February 20, 2024DOWNLOAD E-BOOK

Online MBA in HRM And Finance Management (Dual)

Online MBA in HRM and Finance Management is a two-year professional PG degree course mapped out in four semesters. The whole course curriculum is designed so that a student will get in-depth knowledge of concepts of financial management and human resources management in the corporate world. This life-changing program lets you specialise in Human Resource Management and Finance, as the full curriculum is meant to give professionals a deep knowledge of handling human resources and financial strategies.

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Universities

2

Duration

2 - 4 Years

Eligibility info

Graduation or Equivalent

Online MBA in HRM and Finance Management Program Overview

Online MBA in HRM and Finance Management is a two-year professional degree course covering dual finance and human resource management specialisations. Every year, thousands of students gain admission to this MBA course offered by top universities and institutions in India. Moreover, with newer technological advances in education, more students are pursuing this course through the fully online mode or ODL mode of learning. Since this management course covers two highly demanded areas of specialisation (HRM and finance), the career scope after completing this course is very high. 

why-should-i-pursue-an-online-mba-in-hrm-and-finance

This dual approach helps graduates learn how to handle employees while meeting financial goals, which can be hard. The program has a flexible online structure because it knows what professionals need. This freedom makes things much easier for people who must balance work and education. The program makes sure that learning is approachable and fits the busy plans of its members by using virtual classrooms, interactive sessions, and group projects. 

Why choose an online MBA in HRM and Finance?

Getting an online MBA in HRM and Finance is a smart move for workers who want to learn a wide range of skills. A unique benefit to this online MBA program is that it lets you specialise in two areas simultaneously: human resource management and finance. Individuals with busy schedules can take advantage of the open online structure, which makes learning more personalised. With case studies and practical projects focusing on real-world applications, graduates have theoretical knowledge and the skills to navigate the complex intersection of HRM and finance. This sets them up for success in leadership roles and a wide range of career paths. 

Who Should Pursue an Online MBA in HRM and Finance?

  • People in human resources who want to learn more about how organisations work by adding financial knowledge to their skills.
  • Finance professionals who want to make better strategic decisions in their financial jobs by learning more about human resource management.
  • People with busy lives want the freedom of online learning to balance work obligations with getting a higher education.
  • People who want to move up to jobs that require a mix of HRM and finance skills.
  • These professionals want to be leaders and know much about HRM and finances to make smart decisions.
  • For people who want to see things globally.

When should I do an Online MBA in HRM and Finance?

After working in HRM or finance for a while, starting an online MBA in both fields is a good idea. Fresh graduates can gain from the training, but professionals who have already used it in the real world get more out of it. People with experience in the field put academic ideas into context, which makes the training more useful. The best time for people to better understand the complicated issues at the intersection of human resource management and finance is when they combine what they've learned at work with their two specialisations.

Popular & Affordable Private Colleges Or Universities for Online MBA in HRM & Finance in India

Universities Offering Online MBA in HRM and Finance

NIRF Ranking 2023 (Management)

Full Fee Range (Might Vary)

Jain University 

85

1.70 Lakhs INR

Vignan's University

101-125

1.10 Lakhs INR

Key Highlights of Online MBA in HRM and Finance

  • An online MBA in HRM and Finance Management is a two-year degree course in management.
  • The program has a flexible online style that lets professionals balance their jobs with further education.
  • The common topics this course covers include entrepreneurship, accounting and finance, talent acquisition, taxation, fintech, organisational development, etc.
  • Case studies are a big part of the program because they ensure that grads are good at understanding theoretical ideas and using what they've learned in real-life HRM and finance situations.
  • An online MBA in HRM and Finance is a renowned course for its excellence and experiential learning, which prepares you for the corporate world.
  • Students will build various higher-level job opportunities for recognised positions through this course.
  • The program has staff members who are experts in both HRM and finance. They give students useful information and advice and ensure the lessons align with the latest trends and best practices.
  • The UGC-DEB has approved this course for delivery in online learning modes, and it is a valid degree.
  • The Online MBA in HRM and Finance stands out because it offers a full program that teaches students both human resource management and finance in a deep and detailed way, giving them a complete set of skills.

Online MBA in HRM and Finance Syllabus

The Online MBA in HRM and Finance syllabus encourages students to understand the concepts of financial and accounting management the market challenges, and develop their financial strategies for the industry and the real world. Mentioned below are the subjects which a student will study each semester.

Semester 1

Semester 2

Principles of Economics & Markets

Entrepreneurship

Accounting & Finance

Marketing Management & Research

Managerial Effectiveness & Ethics

Banking & Financial Services

Quantitative Techniques & Analytics

Talent Acquisition & Management

Organisational Behaviour & HR Management

Investment Analysis and Portfolio Management

Semester 3

Semester 4

Business Environment & Strategy

Strategic Human Resource Management

Direct Tax

Fintech: Foundations & Applications

Operations Management

Organization Development and change management

Employee Reward Management

Wealth Management & Behavioral Finance

Performance Management System

Cross-functional Elective

Open Elective

Master Thesis / Project 

Top Specializations of Online MBA

MBA In HR Management

MBA In International Marketing

MBA In Oil & Gas Management

MBA In Marketing & HR Management

MBA In Marketing Management

MBA Data Science & Analytics Management

MBA In General Management

MBA In IT Management

MBA In Finance Management

MBA In Logistics and Supply Chain Management

MBA In Project Management

MBA In Marketing & Finance Management

MBA In Banking & Finance Management

MBA In Financial Markets Management

MBA In Fintech Management

MBA In Power Management

MBA In International Finance Management

MBA In System & Operations

MBA In Business Intelligence & Analytics

MBA In Digital Marketing e-commerce

MBA In Finance & Leadership Management

MBA In Investment Banking Equity Research

Other Types of MBA Programs

Online MBA for Working Professionals

MBA Global Online

MBA Dual Specialization Online

MBA Distance Learning

Online MBA in HRM and Finance Eligibility Requirements

To apply for the Online MBA in HRM and Finance program, you must meet the following requirements: 

  • Students who have completed their graduation (Bachelor's education) in the field of BBA or any other domain/stream can apply to this course.
  • The student must have scored 45% to 55% in aggregate marks at graduation. 
  • The candidate should be a graduate of a recognised university.

Duration of the Online MBA in HRM and Finance

The minimum duration of the Online MBA in HRM and Finance Management program is 2 years, divided into 4 semesters. The maximum period of course completion is 4 years. The Online MBA in HRM and Finance is a well-organized program for working people who want to specialise in two areas. Graduates have a wide range of skills that make them well-equipped to work in fields where HRM and business constantly change.

Online Degree Courses You May Be Interested In- Online MBA In India

Skills Required for Online MBA in HRM and Finance

  • A candidate must use financial data and HR metrics to make smart decisions.
  • You need to be able to talk and write clearly to explain complicated ideas like HR rules and finances.
  • The ability to make and carry out plans, ensuring that financial and human resource management goals are aligned.
  • The ability to change with the times in HRM and finance and keep up with business trends and changes in the law.
  • A candidate must be able to lead and work with people in both HR and finance, creating unity that helps the whole company succeed.

Is an Entrance Exam Conducted For an Online MBA in HRM and Finance?

Usually, you don’t need any entrance exam for an online MBA. However, some of the exams conducted for a regular MBA are listed below: 

CAT (Common Admission Test)

KMAT (Karnataka Management Aptitude Test)

TANCET (Tamil Nadu Common Entrance Test)

SNAP (Symbiosis National Aptitude Test)

CMAT (Common Management Admission Test)

MAT (Management Aptitude Test)

XAT (Xavier Aptitude Test)

NMAT (NMIMS Management Aptitude Test)

PGCET (Postgraduate Common Entrance Test)

ATMA (AIMS Test for Management Admission)

GMAT (Graduate Management Admission Test)

MAH CET (Maharashtra Common Entrance Test)

Note: Some universities offering online MBA can also ask for a good score in the abovementioned exams. So, check the eligibility requirements of your university carefully.

Recommended Books

Below is a list of the popular books used in the online MBA in HRM and Finance curriculum. 

Category

Book Title

Author

Publication Year

HRM Strategy

"The New HR Leader's First 100 Days"

Alan Collins

2011

Financial Management

"Principles of Corporate Finance"

Richard A. Brealey

2016

Strategic HRM

"Strategic Human Resource Management"

Jeffrey A. Mello

2019

Financial Analysis

"Financial Intelligence"

Karen Berman, Joe Knight

2006

Employee Relations

"Employee Relations: A Practical Introduction"

Paul Smith

2017

Investment Strategies

"A Random Walk Down Wall Street"

Burton G. Malkiel

2019

Online MBA in HRM and Finance Admission Procedure

Mentioned below is a common admission procedure to admission in an online MBA in HRM Finance Management course:

  • Visit the university's official web portal to which you plan to apply for admission.
  • Register first and complete the application form with your basic credentials/ information.
  • Upload all the required documents in the application form (digital format/mail as mentioned by the university).
  • Submit the application fees via an online mode of transaction or as instructed by the university.
  • Once you have completed all the steps, save a copy of your application for further reference.
  • Once you have successfully applied to the university and paid the application and academic fee, the university will review your application and inform you of your admission status.

Online MBA in HRM and Finance Academic Fees 

At between 1 and 2 lakhs, the Online MBA in HRM and Finance fees are very reasonable. This investment, which won't break the bank, shows that the program is serious about making good education available to everyone. Students from all walks of life can afford the fees for this dual MBA specialisation program, so anyone who wants to become a professional can do it without sacrificing the quality of their education. 

Why Opt for an Education Loan for an Online MBA in HRM and Finance?

The Online MBA in HRM and Finance makes it easier by providing a no-cost EMI option. This choice makes it easy for members to handle their educational costs without adding to their financial stress. The program's dedication to financial accessibility means qualified people can begin this life-changing educational journey and focus on career growth without worrying about upfront costs.

Is an Online MBA in HRM and Finance Worth It?

Getting an online MBA in HRM and finance is great for people who want to work as pros. In addition to giving people a wide range of human resource management and finance skills, this dual MBA specialisation program is also very flexible, making it easy for working professionals to fit education into their busy plans. Case studies show how ideas can be used in the real world, ensuring they are useful and preparing grads for leading roles. This MBA is a great way to get two skill sets, be flexible, learn something useful, and not spend too much money. It will set grads up for success in the fast-paced and competitive fields of HRM and business.

Job Opportunities After Online MBA in HRM and Finance 

After completing the online management programs, students can get many job opportunities in the corporate world in MNCs, companies, start-ups, and the public sector. Mentioned below are some of the job positions which a student can apply for:

Financial Analyst

Labour Relations Manager

Accounting & Taxation Manager

Portfolio Manager

Talent Acquisition HR Manager

Training HR Manager

Credit Risk Manager

Training and Development Specialist

Investment Banker

Compliance HR Manager

Top Recruiters

Top employers are constantly looking for graduates of the Online MBA in HRM and Finance because of its focus on real skills and dual specialization. Companies from various fields want to hire people with the strategic thinking and all-around knowledge this program provides. This makes it a great way to get into highly sought-after human resource management and finance careers. 

Let's clear up some doubts about Online MBA in HRM and Finance (Dual)

The minimum eligibility criteria for taking admissions in this course is that a student must have completed their graduation in any stream from a recognized university with a minimum score of 45% to 55% aggregate marks. The exact eligibility criteria of the course will vary depending on the university, but a graduation is the minimal criteria that the candidate must meet.

The full duration of an online course is 2 years, with a maximum duration of 4 years. There are 4 semesters in this course.

The fees for the online MBA in HRM and Finance Management ranges between INR 90,000 to INR 1,50,000.

No, the student will not get a dual degree after completing this course. However, they will get degrees with dual specialization in HRM and finance management.

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