|Full Form||Master of Business Administration in Retail Management|
|Duration||Course Duration of Master of Business Administration [MBA] (Retail Management) is 2 Years.|
|Age||No specific age limit|
|Subjects Required||An Honors or a Graduates degree recognized by UGC|
|Average Fees Incurred||INR 4000 - 80,000 per annum|
|Similar Options of Study||MBA (Systems Management), MBA (Financial Management), MBA (Operations Management), MBA (Finance) etc.|
|Average Salary Offered||INR 5.25 L per annum|
|Employment Roles||Retail Store Manager, Operations Manager, Business Development Manager, Area Sales Manager, Business Development Executive, Category Manager, Retail Manager, Merchandiser, Logistics Manager etc.|
|Placement Opportunities||Aditya Birla Nuvo Limited, Arvind Brands, Infosys Limited, Vodafone, JCPenney, Marks and Spencer etc.|
Master of Business Administration [MBA] in Retail Management is a postgraduate Retail Management course.
Generally, the duration of the course is two years but in some cases, it may be more or less than this as per respective college and university.
Assam University, Silchar
Dr. C.V. Raman University, Bilaspur
C.M.J. University, Shillong
Symbiosis Institute of Management Studies, Pune
Eligibility criteria for the course is to complete one's Bachelor's degree or Master's degree in any discipline with a minimum of 50% marks in the corresponding subjects.
Below mentioned are some of the top companies that offer MBA Retail Management Jobs with high salary packages
Colleges & Universities
Aditya Birla Group
Retail is the exchange of goods between the seller and the buyer in a single step interaction in small quantities.
Today, retail is a booming business and requires management skills to streamline the retail process and make it more efficient.
Strategic Retail Management
Retail Sales & Customer Service
This is where Retail Management comes in, it provides the students with a general management perspective and introduces them to the latest concepts and practices related to functional areas of management.
The Chain colleges on National Institute of Retail Managment is famous for providing the finest studies and exposure for the students in the field of Retail Management.
National Institute of Retail Managment (Kolkata) is one such institute from the Chain group which is considered to be the best across the nation in providing the studies and facilities for the course.
After getting ample knowledge in retail management, the people will be able to attain more sales as well as profits even when they are doing own businesses.
They will also get a proper knowledge regarding the merchandise shipping and a lot more.
Shopping Operational Manager
Retail Buyer and Merchandiser
It enables the participants to make inter-relationships between the diverse and complex tasks of business operations.
A diploma is considered to be one of the most sought courses in terms of future aspects and for more job opportunities in a nation where Retail is a growing market.
It helps the participants develop analytical skills to identify international business opportunities and conditions for access to potential markets.
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Name of the College
Assam University, Silchar
Dr CV Raman University Institute Of Distance Education, [CVRU] Bilaspur
CMJ University, [CMJU] Shillong
Sri Guru Granth Sahib World University, [SGGSWU] Fatehgarh Sahib
Symbiosis Institute of Management Studies, [SIMS] Pune
Amity Business School, [ABS] Noida
KJ Somaiya Institute of Management Studies and Research, [SIMSR] Mumbai
Andhra University, [AU] Vishakhapatnam
GITAM University, Vishakhapatnam
University School of Management Studies, [USMS] New Delhi
A candidate who has passed Bachelor’s Degree or Master’s Degree from any recognized University with minimum 50% marks in aggregate (40% in case of SC/ST candidate) or any other equivalent qualification.
Some of the very reputed universities and colleges conduct entrance examination for admission.
They must be able to make quick decisions; have the ability to train and develop a staff; be able to motivate and to coach people to become better managers.
They should be able to deal with queries, complaints, and feedback from customers; analyze sales figures and forecast future sales volumes.
Applicants should also be able to:
Maintain awareness of market trends
Monitor what competitors are doing
Control budgets and costs
Provide reports to senior company executives.
They should also be aware of things like managing and motivating a team to increase sales, overseeing recruitment and training of staff etc.
Candidates willing for further studies are also suitable for it.
For admissions in Master of Business Administration [MBA] in Retail Management, the most common path goes through entrance exams.
Most of the institutes accept scores of national level entrance tests such as GMAT, CAT, XAT, MAT etc.
After successfully getting entrance, the candidates may have to undergo a counseling process as per the specific requirement by the university.
Some of the universities follow this process with Group Discussion and Personal Interview.
Candidates are selected on the basis of final score.
The top entrance exams for MBA Retail Management is:
Conducted by IIMs, CAT is a national level entrance examination held in November.
Its syllabus covers:
Data Interpretation Section.
This computer-based entrance examination is held at the national level every year in January.
This test covers questions from:
The scores of this test are accepted by all AICTE approved institutions and universities.
Held every year by XLRI, it is a pen paper based entrance test accepted by most of the top universities.
The syllabus for this test includes:
Each entrance test has its own syllabus but mostly topics remain same in all of their syllabi. Candidates are advised to have a look at the pattern and syllabus for the examination they are applying for.