PGDM Human Resource Management
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Questions and Answers

What is the primary goal of Human Resources Management in an organization?

  • To solely focus on recruitment and hiring processes
  • To maximize employee turnover and reduce training costs
  • To minimize employee compensation and benefits
  • To ensure the effective use and development of human talent (correct)
  • Which of the following is NOT a topic covered in the PGDM program's Human Resource Management course?

  • Marketing and Brand Management (correct)
  • Performance Management and Competency Mapping
  • Strategic HRM
  • Compensation Management and HR Audit
  • What is the expected growth rate of the global Human Resource Management market during the forecast period?

  • 16.34% CAGR
  • 12.34% CAGR
  • 10.34% CAGR
  • 14.34% CAGR (correct)
  • Which of the following companies is NOT a part of the faculty's industry connections?

    <p>Microsoft</p> Signup and view all the answers

    What is the primary focus of the 'Learning and Development' course topic in the PGDM program?

    <p>Developing employee skills and knowledge</p> Signup and view all the answers

    Which of the following is a career opportunity for a PGDM Human Resource Management graduate?

    <p>Learning and Development Manager</p> Signup and view all the answers

    What is the value of the global Human Resource Management market in 2021?

    <p>USD 26986.93 million</p> Signup and view all the answers

    Which of the following is a learning outcome of the PGDM Human Resource Management program?

    <p>Learning analytical skills for demand and supply forecasting</p> Signup and view all the answers

    What is the expected value of the global Human Resource Management market by 2027?

    <p>USD 60291.44 million</p> Signup and view all the answers

    Which of the following is a tool used in the PGDM Human Resource Management program?

    <p>HR Information Systems</p> Signup and view all the answers

    Study Notes

    Human Resource Management (HRM)

    • Refers to the study and practice of recruiting, hiring, training, and managing employees in an organization.
    • Covers topics like employee relations, performance management, compensation, and benefits to ensure the effective use and development of human talent within a company.

    Course Contents

    • Project Management
    • Strategic HRM
    • Learning and Development
    • Compensation Management and HR Audit
    • Performance Management and Competency Mapping
    • Tools: HR Analytics, HR Audit tools and techniques

    Learning Outcomes

    • Understand the basics of Human Resource Management
    • Learn analytical skills for demand and supply forecasting
    • Understand various career stages and career planning strategies
    • Learn Human Resource Information Systems tool
    • Understand International HR practices and the latest trend of E-HRM

    Placement Opportunities

    • Payroll Manager
    • Recruitment Manager
    • HR Manager
    • Learning and Development Manager
    • Employee Education Consultant
    • Head Hunter - Freelancer

    Companies & Faculty

    • Deloitte - Prof. Bhagyashree Pande
    • IBM - Prof. Supriya Pujari
    • TCS - Prof. Supriya Phadke
    • Infosys - Prof. Prachi Ajit
    • Capgemini - Prof. Dhanashree Kore
    • Accenture - Prof. Renu Jahagirdar
    • Other companies: JP Morgan, Tesla, Amazon, Google, Walmart, Netflix

    Future Scope

    • Global Human Resource Management market size was valued at USD 26986.93 million in 2021
    • Expected to expand at a CAGR of 14.34% during the forecast period, reaching USD 60291.44 million by 2027
    • HRM expanded its scope beyond mere administrative tasks and started encompassing a broader range of functions

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    Description

    Study and practice of recruiting, hiring, training, and managing employees in an organization, covering topics like employee relations, performance management, and compensation.

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