SECOND YEAR – SPECIALIZATIONS – HUMAN RESOURCE MANAGEMENT (MINOR ONLY)
- 1. Acquiring and Managing Talent
- 2. Learning and Development
- 3. Performance and Compensation Management
Acquiring and Managing Talent
The course will introduce the basics of strategic HR planning and forecasting while dealing with important concepts, processes, and tools in recruitment and selection. It deals with the shift in the paradigm in HRM from administrative to strategic function. It will also focus on understanding the importance of job analysis in effective recruitment and selection. The course will give practical information on various challenges faced during forecasting, recruitment and selection in today`s world of globalization. It provides interesting and practical insights on how to link the planning and staffing function to talent management in the organization.
Learning and Development
The course aims to help students become aware of the history of the concept of training and development, to become acquainted with the ADDIE model of training design, to understand how to motivate trainees for learning, to visualize and understand the application of the traditional and electronic training methods, to use evaluation design to understand the impact of training, to understand the role of coaching and mentoring in employee development.
Performance and Compensation Management
Every organization aims to achieve optimum level of performance and the best utilization of its human resources, irrespective of the organization’s size, type, or nature of business. Therefore, management of the performance of human resources (individuals, teams, units) of an organization is crucial both from strategic as well as operational perspective. This course is designed to offer a thorough understanding of the stages involved in performance management, the challenges and skills required to achieve high performance.
Managing compensation and benefits for the employees of an organization is a very specialized responsibility performed by HRM professionals. Effective management of rewards in organizations is considered as extremely important as it covers a significant part of the entire people management process. This course is designed to cover the fundamentals aspects necessary to design and implement an effective rewards process in any organization.
Industrial Relations and Employment Laws
This course gives an understanding to the students about importance of employer-employee relationship in the organization while focusing on industrial disputes, labour welfare, social security, discipline & disciplinary action, trade unions, grievance handling and collective bargaining issue and the government redressal machinery involved in the dispute resolution. The focus of study is on Indian labor laws to develop an insight of the regulations in industrial relations.
Strategic and Global HRM
As the economies across the world are becoming more knowledge-oriented and organizations increasingly recognize that people form a major source of competitive advantage; HRM has taken on a strategic role. This course emphasizes on the strategic role of HRM in achieving business objectives and creating competitive advantage. It also works towards developing HRM skills for responding to the dynamic international environmental contexts by developing and implementing competitive HR practices and policies. It also deals with issues like principles of managing cultural differences and expatriate adjustments.
Organization Theory and Design
This course aims to provide knowledge about the theoretical background of organizational design, to enable an understanding of external and internal environment of the organization, and their relationship with organizational design.
It also wants to help students develop knowledge of organization structure, culture and change which affect the organization as a system and familiarize them with internal organizational processes which impact organizational performance.
Leadership and Team Management
This course aims to provide a framework to the students to understand the importance of Leadership and team management in organizations, to develop an understanding of the interpersonal processes and group dynamics, to provide theoretical understanding of leadership practices in organizations and to provide understanding of factors influencing team work and team leadership. It also tries to evaluate the role of leadership in development of an institution.
HR Analytics
HRM profession has undergone significant changes in the last two decades as developments in Information and Communication Technology (ICT) have brought in significant changes in organizations. At the same time, utilization of different metrics and quantitative methods in HRM has become essential responsibilities of HRM professionals. In view of these developments, every modern HRM professional has to be familiar with the use of data analysis and HRM system integration with Information System of the organization. This course is designed to familiarize students with the basic idea of HR Analytics - its scope and application in organizations, and the fundamental features, utility, and importance of HRIS.
Organizational Change Development
This course helps students develop an understanding of the change and organization development process in organizations and examine the nature of change, and study the models and framework for change management while developing a detailed understanding of change management and organization development interventions.