Human capital management is a practice that assesses how a company’s people, practices and policies add value to the organization and how this value can be increased and used to make the company more competitive.
The term human capital management is beginning to replace the term “human resources” (HR), in the same way that HR replaced the term “personnel management”. In business, human resources refers to human capital, in other words, the employees who work for the company.
The concepts and ideas of human capital management come from what has been learned in the field of human resources. This is due to the increasing responsibility and inclusion of human resources in helping management decisions and practices.
As companies evolve and adapt over time, they may need to change their approach to their staff and how they meet staffing needs. Human Capital Graduates help evaluate existing practices and develop new strategies designed to meet the needs of the company.
Because of the importance of this professional within companies, its demand has increased in recent years. Some universities offer Human Capital degree programs within their career options. Some of these programs are offered for free or financed through scholarships.
A Free Bachelor of Human Capital Degree trains the student in a range of skills such as: work skills, leadership skills, problem solving, effective verbal and written communication, organizational skills, multi-tasking skills and interpersonal skills.
This degree focuses on teaching students how to analyze, evaluate and measure the value of a company’s workforce. More than simply saying that a worker is “good” or “bad,” human capital management makes investing in human capital an important focus of the company.
There are few strictly human capital degrees. Rather, many schools offer professional certificates in human capital management. It is also possible to get a Bachelor’s degree in Human Resources with a focus on Human Capital management and a Master’s degree in Human Capital.
The programs are generally designed for current HR professionals who are in charge of or interested in improving their current HR processes and procedures.
What is and What Does a Bachelor in Human Capital Do ?
A Human Capital Graduate is a person who has been granted this degree thanks to the successful completion of a Human Capital Degree study program.
A Human Capital Graduate can be considered part human resources manager, part strategist and part public relations specialist. In their positions as human resources managers and strategists, they help reshape a company’s relationship with its employees.
Human Capital graduates are involved with the human resources (HR) department of a company. They directly help a company’s human resources department to achieve its objectives.
The main objectives to be met by a Human Capital Graduate involve changes in the way a company attracts new personnel, what they do to retain staff or how they assign staff tasks.
You can develop your public relations skills in case you need to promote strategies and your long-term objectives to other people involved in the company, such as board members. They may also be responsible for training human resources staff to understand changes in human resources strategies and how to implement them effectively.
Bachelor Degree in Human Capital Program, Subjects and Content
These are some of the topics that can be included in the programmatic content of a Human Capital Degree:
- Business Strategy Analysis
- Measuring human capital
- Return on Investment Analysis (ROI)
- Organization Design
- Change implementation through various methods
- Talent management and leadership development
- Selection of human resources
- Recruitment
- Job descriptions and evaluations
- Human resources techniques
- Employee Benefit Programs
- Develop high performance workforce strategies
- Competitive compensation and payment programs
- Nuts and bolts of human capital management
- Fair Labor Practices
- Employment Act
- Strategic organization design
- Executive learning, development and coaching
How Long Does the Bachelor Degree in Human Capital Take ?
The duration of a Human Capital degree program is between 3 and 4 years of full-time study.
Where Can I Work with the Human Capital Career ?
A degree in Human Capital opens many doors for those looking for related jobs. Human capital management includes the positions of human resource (HR) specialists, human resource managers, and compensation managers.
Countries and Cities Where You Can Study the Bachelor Degree in Human Capital for Free Obtaining a Scholarship
- Netherlands
- United States
- United Kingdom
- Germany
- Ireland
Institutes, Centers and Universities where the Bachelor Degree in Human Capital is possibly Taught for Free, through Scholarships
Degree in Human Resources Studies – People Management
- Tilburg University
- Tilburg, The Netherlands.
Degree in Human Resources Management
- University of Illinois at Chicago
- Chicago, Illinois, United States.
Human Capital Management Program
- Columbia University School of Professional Studies
- New York, NY, United States.
Human Resource Management Program CCC
- Hillsborough Community College
- Plant City, FL, United States.
Bachelor of Arts in Education, Human Resources Development and Training (Hons)
- Huddersfield University
- Huddersfield, England, United Kingdom.
Business Management Program (Human Resource Management) (Hons)
- EU Business School
- Munich, Germany.
Degree in Strategy and Practice of Human Resource Management (with honors)
- National College of Ireland
- Dublin, Ireland.
Degree in Strategic Human Resources Management
- The American College of Women Online
- Online.
Bachelor Degree in Human Capital Reference Prices
The prices of the Human Capital Degree can be varied. The prices of these degrees are between $7,820 and $39,980. In some cases it can have a higher cost.
The cost of this degree will vary according to the country where it is taught, the institution or university that teaches the degree, the modality, the duration, and the materials provided during the study, among other factors.
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