According to data collected by the *Bureau of Labor Statistics, Connecticut has the fourth-highest concentration of jobs and location quotients in the human resource management occupation. Further, CT ranks in the top 25 percent of states with the highest annual mean wage for HR managers — with an average salary of over $100,000.
With these simple, straightforward facts, it's clear that a master's degree in human resource management is worth it in today's increasingly competitive workforce. That said, when considering going back to school to achieve a master's degree in human resource management, financial planning is a must.
To help you as you consider financing graduate school, here are just a few scholarships for future human resource managers.
1. International Public Management Association for Human Resources Scholarships
"Each year at the International Training Conference, IPMA-HR recognizes the outstanding accomplishments of our members and the work they do on behalf of their agencies. Our organization is home to many HR professionals who have given tirelessly to the advancement of our profession and/or who are leading agencies that are paving the way for advancements in the field of public sector HR."
Check out this website for more information!
2. The Society for Human Resource Management Foundation
The Society for Human Resource Management Foundation is a professional organization that's focused on advancing the field of HR management. There are a variety of graduate scholarships that will aid in financing graduate school for program-bound human resource managers.
3. Jane M. Klausman Women in Business Scholarship
Applicants of this scholarship must be "female students undertaking a business and/or business-related program at an accredited university/college/institute and must be enrolled in at least the second year of an undergraduate program through the final year of a master's program at the time the application is submitted."
4. NEEBC Scholarship Program
"NEEBC's Scholarship Program was established to further the aims of the Council to advance the knowledge and education of individuals in the employee benefits field, or those aspiring to careers in employee benefits. Careers in employee benefits include but are not limited to, careers in the actuarial sciences; ERISA and legal aspects of employee benefits; careers in pension design and planning; work and family issues; and careers in corporate employee benefits design, analysis and management. Part-time or full-time undergraduate students and graduate students are eligible."
5. UNCF CVS Pharmacy, Inc. Business Scholarship
"CVS Caremark has a commitment to widening the net of student scholars in business. As such, they have partnered with UNCF to create scholarships for students studying Business (and business related fields). Selected students will receive a $5,000 scholarship. Must have a minimum 3.0 GPA, demonstrate unmet financial need (as verified by their college or university), pursue an undergraduate or planning a graduate/professional degree in business (finance, accounting, human resources), must attend an accredited four-year undergraduate or master's level program, must be a U.S. citizen or permanent legal resident, must be enrolled full-time in the upcoming fall semester."
Join a community of experts at SHU!
At Sacred Heart University, we are dedicated to preparing tomorrow's thought leaders in the field of Strategic Human Resource Management. We are eager to accompany you on your journey to mastering the art of human resource management — by helping you build the skills and knowledge you need to excel in your career.
If you still have questions about whether an SHRM program is right for you, please consider requesting more information. We can't wait to help you achieve your goals!