Master's in Human Resource Management | Admissions, Curriculum & Careers

A master's degree in human resource management (HRM) equips professionals with advanced skills in employee relations, organizational development, talent management, and leadership.

Below, we'll discuss what you can expect when pursuing an HRM master's degree, from understanding the different types of programs and specializations to navigating admissions requirements and funding your education.

Whether you aim to advance your career in HR or transition into this critical field, this guide will help you make informed decisions.

What Is a Master's Degree in Human Resource Management?

A master's degree in human resource management deepens your knowledge of HR practices, strategies, and leadership. The program typically covers a broad range of topics, including talent acquisition, performance management, compensation and benefits, labor relations, and organizational behavior.

Students in an HRM master's program develop both strategic and operational skills needed to manage a workforce effectively. The curriculum often includes case studies, projects, and internships that provide practical experience in real-world HR scenarios.

If you want to advance into higher-level HR roles, such as HR director, HR business partner, or chief human resources officer (CHRO), then this degree will help you do so.

The degree also serves as a strong foundation for pursuing professional certifications like the SHRM Certified Professional (SHRM-CP) or Senior Certified Professional (SHRM-SCP), which can further enhance career prospects and credibility in the HR field.

Master's Degree in Human Resource Management Admissions Requirements

Each program is going to have slightly different admissions requirements. Be sure to research your specific school's admission requirements.

However, we've listed some typical requirements below.

• bachelor's degree from an accredited institution
• undergraduate GPA around 3.0 on a 4.0 scale
• professional experience (preferred but not required)
• resume
• letters of recommendation
• statement of purpose
• interview

Some programs will have stricter application requirements, while others will be more lenient. However, each program requires you to have a bachelor's degree. You cannot earn a master's without a bachelor's.

Types of Master's Programs in Human Resource Management

Master's programs in human resource management come in various formats to cater to different career goals and educational needs. Below are several options you may consider.

• Master of Science in human resource management (MSHRM): focuses on advanced HR theory and practice, preparing students for leadership roles in HR strategy and operations
• Master of Business Administration (MBA) with a concentration in human resources: combines business management education with specialized HR coursework, ideal for those seeking leadership roles with a broader business focus
• Executive Master of Human Resource Management: designed for experienced professionals seeking advanced knowledge in HR, often offered in part-time or hybrid formats
• Online master's in human resource management: offers flexibility for working professionals, allowing them to complete coursework remotely

Master's Degree in Human Resource Management Coursework

HRM master's degrees are usually 30-credit programs that combine core courses and optional electives. For programs that have room for electives, you will take 18 credits of core courses and 12 credits of electives.

Common core course topics are listed below:

• Talent acquisition and management: focuses on strategies for recruiting, selecting, and retaining top talent
• Compensation and benefits: covers the design and management of employee compensation and benefits programs
• Organizational behavior: examines the behavior of individuals and groups within organizations and how it impacts organizational effectiveness
• Labor and employment law: provides an understanding of the legal framework governing employment relationships, including compliance and ethical issues
• Performance management: teaches methods for assessing and improving employee performance through feedback, coaching, and development plans
• HR strategy and leadership: explores how HR can align with business strategy and the role of HR leaders in driving organizational success.

Some elective courses that you can add to your core courses include:

• conflict management and negotiations
• human capital and talent acquisition
• leading the virtual workforce
• consulting processes
• creativity and innovation
• diversity in organizations
• organization development and change
• human resource information systems
• HRM in the global environment

HRM Master's Specializations

To fill the 12 credits of electives, some universities provide pre-determined specializations that you can enroll in, such as:

• Healthcare: teaches specific human resources skills for managing healthcare teams, from the legal side to positive employee experience
• Organizational leadership: concentrates on improving organizational effectiveness through change management, leadership development, and team dynamics.

Timeline To Complete a Master's Degree in Human Resource Management

Because most HRM master's programs are online and flexible, you have the freedom to determine how long it takes you to complete the program. Usually, students finish their degree in one to two years as full-time students.

If you have to study part-time, then just divide 30 by how many credits you take a year to see how long it will take you to finish the degree.

Cost of a Master's Degree in Human Resource Management

We've listed the tuition of reputable HRM master's programs below.

• Capella University's FlexPath: around $15,870
• Ohio State University: $17,947
• The George Washington University: $61,650
• CSU Global: $24,300
• National University: $16,400
• Florida International University: $35,000
• University of Maryland Global Campus: $18,864 to $23,724

Keep in mind that tuition does not include additional expenses such as textbooks, software, technology fees, and living expenses. It's important to consider the total cost of the program when planning your education budget.

How To Pay for a Master's Degree in Human Resource Management

Financing a master's degree in human resource management can be managed through the various financial aid options listed below.

Scholarships and Grants

Scholarships and grants are valuable forms of financial aid that do not require repayment. Scholarships are typically awarded based on merit, academic achievement, or specific criteria related to human resources, while grants are often based on financial need.

Many universities offer scholarships for HR students, and there are numerous external scholarships and grants available through professional organizations, private companies, and government agencies.

Applying for multiple scholarships and grants can significantly reduce your overall tuition costs.

Federal Student Loans

Federal student loans are a common way to finance graduate education. These loans generally offer lower interest rates and more flexible repayment options compared to private loans.

The most common types of federal loans available to graduate students include direct unsubsidized loans and Grad PLUS Loans. To apply, you must complete the Free Application for Federal Student Aid (FAFSA), which determines your eligibility for federal financial aid.

Private Student Loans

If federal loans and other financial aid do not cover the full cost of your education, private student loans can help fill the gap. These loans are provided by banks, credit unions, and other financial institutions.

However, private loans often come with higher interest rates and less flexible repayment terms than federal loans, so it's important to carefully compare lenders and fully understand the terms before borrowing.

Employer Tuition Reimbursement

Many employers offer tuition reimbursement programs as part of their employee benefits package. If you are currently employed, check with your HR department to see if your employer provides financial assistance for continuing education.

This can be an excellent way to reduce the out-of-pocket cost of your degree, particularly if your studies align with your job responsibilities.

Careers With a Master's Degree in Human Resource Management

A master's degree in HRM opens up a variety of advanced career opportunities in the HR field. Common career paths include:

• HR director: oversees all HR functions within an organization, ensuring alignment with business goals and compliance with labor laws
• Talent acquisition manager: leads the recruitment and selection process, focusing on attracting and retaining top talent
• Compensation and benefits manager: designs and manages employee compensation and benefits programs to ensure competitiveness and compliance
• HR business partner: works closely with business leaders to align HR strategies with organizational goals and provides strategic HR support
• Employee relations manager: manages relationships between the organization and its employees, addressing conflicts, grievances, and labor issues
• Training and development manager: develops and implements training programs to enhance employee skills and support career development

How To Choose the Right Master's Program

Choosing the right master's program in HRM requires careful consideration of several key factors. Here are some tips to help you make an informed decision.

Accreditation

Ensure the program is accredited by a recognized accrediting body, such as the Society for Human Resource Management (SHRM) or the Accreditation Council for Business Schools and Programs (ACBSP).

Accreditation ensures your degree meets industry standards and prepares you for certification exams.

Flexibility

Consider your personal schedule and responsibilities. Choose a program that offers flexibility in terms of course delivery, such as asynchronous learning, part-time options, or accelerated tracks.

This is particularly important if you are balancing work, family, or other commitments while pursuing your degree.

Faculty Expertise

Research the qualifications and experience of the faculty members. Instructors with real-world experience in HR can provide valuable insights and practical knowledge that will enhance your learning experience.

Cost and Financial Aid

Compare tuition rates and fees among different programs, but also consider the overall value of the education you will receive. Investigate financial aid options, including scholarships, grants, and student loans, to make the program more affordable.

Tips for Applying To a Master's in Human Resource Management Degree Program

Strengthening your application for a master's degree in HRM involves careful planning and attention to detail. Here are some key strategies.

Verify Prerequisites

Thoroughly review the program's requirements to ensure you meet all academic and professional prerequisites. This typically includes a bachelor's degree in a relevant field, such as HR, business, or psychology. Some programs may also expect applicants to have professional HR experience.

Craft a Strong Statement of Purpose

Your statement of purpose should clearly outline your career goals, passion for HR, and reasons for pursuing a master's degree. Highlight how the program aligns with your aspirations and discuss relevant experiences or projects that demonstrate your commitment to advancing in the HR field.

Select Influential Recommenders

Choose recommenders who can speak to your technical skills, work ethic, and potential for success in a graduate program. Ideally, these should be individuals who have directly supervised your work in HR or related areas.

Tailor Your Resume

Customize your resume to emphasize relevant HR experience and skills. Include any certifications, such as SHRM-CP or PHR, that showcase your expertise.

Highlight leadership roles, project management experience, and initiatives that reflect your ability to contribute strategically to HR functions.

Adhere to Deadlines

Stay organized by creating a timeline to manage your application process. Ensure you meet all deadlines for submitting transcripts, test scores, recommendation letters, and your statement of purpose, avoiding any last-minute issues.

FAQs About a Master's Degree in Human Resource Management

A master's degree in HRM is a significant investment in your career, and you may have several questions about the process. Below are some common questions and answers to help you make a decision.

Is Getting a Master's Degree in Human Resource Management Worth It?

Yes, earning a master's degree in HRM is worth it for those looking to advance their careers, gain specialized knowledge, and take on leadership roles in the HR field. According to the Bureau of Labor Statistics, the degree provides a competitive edge in the job market and can lead to higher earning potential.

Can I Earn a Master's Degree in Human Resource Management Online?

Yes, many accredited institutions offer online master's degrees in HRM, providing the flexibility needed for working professionals or those with personal commitments. Online programs typically offer the same rigorous curriculum as on-campus programs.

Do I Need Work Experience to Apply for a Master's Degree in Human Resource Management?

While work experience is not always required, many programs prefer or require applicants to have relevant professional experience in HR or a related field. This experience can strengthen your application and enhance your learning experience by allowing you to apply practical insights to your studies.