Finance vs. HRM after PGDM – What’s really in demand?

This is a question I get asked a lot, and truth be told, I had the same dilemma during my MBA.

If we go by market demand, Finance definitely offers more opportunities — whether it’s corporate finance, investment banking, fintech, or consulting. In my batch, those who opted for finance had a wider range of companies to apply to, and the average packages were usually higher too.

But does higher demand always mean it's the right choice for you?

A friend of mine chose HRM — not because of packages or placement stats, but because she was genuinely passionate about people, culture, and organisational behaviour. Today, she’s doing really well in a top FMCG, working in their HR leadership vertical. But the journey wasn’t easy — HR roles are fewer in number, the initial compensation is often lower, and you need real clarity about your goals to stand out.

Here’s what I’ve learned:

• If you’re inclined toward numbers, analysis, and business strategy, finance is a safe and rewarding path.
• If you genuinely enjoy understanding people, team dynamics, and organisational development, HRM can be equally fulfilling — but it’s more niche and long-term focused.

In the end, don’t blindly follow trends. Choose the field you can genuinely commit to and grow in. Because after the first job, it’s not about your specialization — it’s about how good you are at what you do.

If you’re at that decision-making stage and need perspective, happy to chat. Always good to learn from others’ journeys.