What is MBA Retail Management?
The speciality of retail management is to sell the products to the customers and oversee the overseas distribution of the products. Also, retail management in MBA focuses on sales, business analysis, and service.
As a result, the Master of Business Administration (MBA) in retail management is a two-year post-graduate program. Also, after completing the post-graduation course in retail management, you can get a job in the retail industry.
Moreover, besides the MBA, there are other courses such as PGDM and Post Graduate Program (PGP) to pursue retail management.
Can I Pursue a Degree In Retail Management for an MBA Online?
There are many colleges/institutes that offer this course online to students. Also, online education is becoming more popular day by day. And a lot of students are opting for online courses these days. So, if you want, you can complete and pursue an MBA in retail management online.
Additionally, if you pursue an MBA in retail management online, you do not have to go to college every day. Also listed below are many other advantages of pursuing a retail management degree in an MBA online course.
- Online retail management courses are cheaper than joining traditional colleges.
- In an online course, your college/institute provides many sources of study materials.
- Students do not need to go to college every day to attend class.
- Students can join a virtual class through video conferencing from their home or any other place.
What are the Eligibility Criteria for Pursuing a Retail Management Degree In an MBA?
The eligibility criteria can be different for every college or institute. However, there are some basic eligibility criteria to pursue this degree course from regular or distance degree courses. So some points of eligibility criteria are listed below:
- You have to do your bachelor’s degree/graduation complete from any government-recognized board. Also, you must obtain at least 50% marks in your undergraduate course.
- There is a 5% relaxation in the marks for the students who belong to the Sc/St category.
- You can get admission on the basis of merit or entrance exams.
- Therefore, some popular exams for retail management in MBA are Xavier Aptitude Test (XAT), Common Management Admission Test (CMAT), Common Aptitude Test (CAT), Symbiosis National Aptitude Test (SNAP), and Graduate Management Admission Test (GMAT), etc.
What’s the Syllabus for MBA Retail Management?
The following are the subjects that students will study if they pursue MBA In retail management:
Principles of Management and Organizational Behavior, Managerial Economics, Accounting and Finance for Managers, Marketing Management, Human Resource Management, Research Methods for Management, Quantitative Techniques for Management, Corporate Communication, and Operations Management.
Buyer Behavior, Retail Operations Management, International Retailing, Retail Planning, Logistics and Sales Promotion, Direct and Network Marketing, Business Environment and Ethics, and Strategic Management are all topics covered in this course.
Can I Pursue a One Sitting Degree In MBA Retail Management?
Students who want to complete their degree in retail management can pursue a regular or one-year degree program. So, in one sitting degree students can compete in their retail management course in 1 year. Also, if you pursue a one sitting degree in retail management, you can take all the exams at once at the end of the course year. Also, the retail management degree one year course is approved by the UGC-DEB. Hence, one-year courses will be valid if you look for a job.
How do I apply for admission to a Retail Management course In an MBA program?
First, you have to look for the best colleges to pursue a retail management degree. Also, check the eligibility criteria of that specific college. Henceforth, you can apply for admission to colleges online or offline. Also, you have to clear the entrance exam to get admission to some colleges.
What are the Job Opportunities after Completing the Retail Management course?
There are many job opportunities for candidates after they complete the retail management course. So below are some of the job posts you can get after you complete your MBA in retail management:
- Marketing Manager
- Senior Operations Manager
- Store Manager
- Brand Manager
- Logistics and Warehouse Management
- Retail buyer and merchandiser.
- Manager of Operations for Shopping
- Distributor in the Supply Chain
- Inventory Manager
- Visual merchandise, etc.
Furthermore, the companies/organizations where you can find work are listed below:
- ITC hotels
- Reliance Jio
- Future groups
- The Taj hotel chain
- Blue star
- blue star
- GSK pharma, etc.
What are the Advantages of Pursuing a Retail Management Degree?
You can get a high-paying job offer after completing your retail management degree. Also, you can apply for jobs such as product manager, marketing executive, sales manager, merchandiser, sales executive, store manager, etc.
Additionally, after completing this degree, there will be many job opportunities in the private sectors as well as government sectors. In addition, after completing your retail management degree in MBA, candidates can expect to earn an average of 7–10 lakhs per year.
An MBA in retail management course is a postgraduate course. So you can pursue it after completing your bachelor’s degree. Also, you have to complete your bachelor’s degree from any government-recognized board and obtain at least 50% marks for these degree courses in 1-year programs can be helpful for you.
Additionally, in the retail management course, you will study the management of the store or business, increase the sales, supply the products from overseas, and sell the products to the customers. Therefore, after completing your retail management in your MBA, you get many job opportunities in a retail store. Some of the top recruiters are Reliance, Big Bazaar, Aditya Birla Group, HCl, Zomato, and Flipkart, etc.
Moreover, after completing this course, candidates get job offers for posts such as Senior Operations Manager, Store Manager, Brand Manager, Logistics and Warehouse Manager, and Marketing Manager, etc. Additionally, there are many job opportunities in private sectors as well as private sectors.
So, if you want to study retail management, you can apply to any UGC-approved college or university. But there are some eligibility criteria you should meet before applying for admission. Additionally, you can get admission to a regular college or take this course online.