With many industries struggling thanks to a global economic downturn, students considering a Masters of Business Administration (MBA) degree in human resources are looking beyond traditional for-profit companies for employment. Surprisingly, one choice available today for human resources specialists is working for governmental agencies at either the local, state or federal level. Unlike the private sector, governmental agencies don’t usually include big bonuses, but for some, the stability, excellent benefit packages, and a sense of contributing to society that government work brings is a perfect fit.
Government agencies are in need of MBAs in human resources, because they know that this degree is designed to provide graduates with the ability to understand the complex relationship between the public and private sectors of our economy, as well as the unique staffing challenges that government agencies experience. Additionally, the human resources MBA also strives to provide students with the foundational knowledge necessary to navigate the complex government regulations and requirements needed when managing government employees.
So what is the MBA degree in human resources? The MBA is a graduate level degree that can take anywhere from one to three years to complete depending on the program you choose. In order to qualify for the MBA, you must have an undergraduate degree (preferably in business or accounting), and you must have a good score on the GMAT test.
Today there are a wide variety of ways to earn your MBA degree, whether it is through an executive MBA program that takes a year, to a standard two-year program, to the many options available on the evenings, weekends, and online. In order to specialize in human resources, you will likely switch from general business topics to more focused subjects such as compensation, staffing practices, employee and labor relations, and strategic planning and quantifying of employee potential.
So what difference does it make to your salary to work for the government instead of in the private sector? Actually, when first starting to work in government positions, the salaries can be about the same. However, it can take many more years of experience in the government to rise to large three-figure salaries, and government jobs do not usually offer any sort of bonus packages. However, many find government positions to be personally rewarding.
As you can see, the human resources MBA can lead to a great position working for the government. If you are seeking stability along with a wonderful sense of accomplishment, use your MBA degree to help the businesses of our nation. Get started today!