MBA Retail Management's scope of jobs is high. The retail industry is one of the fastest-growing and most demanding sectors globally and contributes to the country's economic growth. In the last few years, the demand for skilled professionals has increased in the retail sector. Retail management is the perfect occupation for anyone interested in products, marketing & marketing, distribution, advertisement, marketing, and market research.
A candidate with an MBA in retail management has a wide range of employment options. They have the option of working for the government or for a business. The typical salary range for an MBA in retail management is between INR 5 and 15 LPA.
MBA in Retail Management scope of careers as a sales executive and achieve a higher position as a mall manager or store manager after the experience can be gained. Graduates will function as retail managers in manufacturing companies to support consumers with their goods. Retail managers are often needed by other businesses, such as insurance, banking, education, health, etc.
Some of the job roles for students after completion of an MBA in Retail Management:
MBA Retail Management jobs graduates with experience:
The compensation for an MBA in retail management in India varies depending on a variety of criteria, including experience, the field of specialisation, region, etc. Graduates with an MBA in retail management often earn between INR 5 and 15 LPA. (Referring to Payscale)
The type of industry one chooses to work in and the job title is other variables that affect pay. Internships and job placements can help graduates earn more money since they expand their experience. The pay range for an MBA in retail management in India is displayed in the table below;
|MBA in Retail Management Salary Range||Amount|
|Highest Salary||INR 15 LPA|
|Lowest Salary||INR 10 LPA|
|Average Salary||INR 5 LPA|
The table below contains the list of MBA in Retail Management job profiles and their average salaries per annum:
|Retail Manager||10-12 LPA|
|Sales Manager||7-10 LPA|
|Marketing Manager||6-8 LPA|
There is a higher demand than job openings in other countries due to the specialised training and knowledge needed for an MBA in retail management. The course seeks to prepare all students to find employment in a foreign country, regardless of their field of specialisation.
The table below shows a collection of job descriptions from abroad together with the appropriate annual salary:
|Retail Store Manager||USD 50,696|
|Retail Sales associate||USD 40,239|
|Retail General Manager||USD 57,432|
|Retail Supervisor||USD 38,923|
While retail management concerns the private sector, even government jobs can be found in this field and, for example, graduates with higher qualifications can find a place as a lecturer in government-run retail management institutions such as the centre for retail, apparel, design, and development institute of the government of India. The average MBA in Retail Management Salary in India in the government sector ranges from 10 - 15 LPA.
|Top Government Hiring Companies||Job Designation||Salary (INR)|
|Staff India Consultancy||Store Manager||2.4 LPA|
|Indirapuram Public School||Professor||20 LPA|
|AANDC Immigration||Retail Manager||18 LPA|
Other MBA Retail Management government job sectors:
Listed below are a few private companies hiring MBA Retail Management graduates and their jobs designation and salary:
|Top Private Hiring Companies||Job Profiles||Salary (INR)|
|Pinnacle Solutions||Retail Store Manager||10 LPA|
|Talpro||Product Manager||9 - 10 LPA|
|DMart||Assistant Store Manager||8.78 LPA|
|Adidas Group||Senior Retail Manager||15 LPA|
Listed below are the top private companies that hire MBA Retail Management students:
MBA Retail Management has numerous opportunities abroad. The sectors include banks, retail stores, marketing, sale, brand promoting, and much more.
Listed below are the top international companies that hire MBA Retail Management aspirants:
List of top abroad locations offering job opportunities for MBA Retail Management aspirants:
Here is the list of multiple MBA in Retail Management jobs students to pursue their career abroad:
To lead our daily life retail stores are people's basic necessary. A few years back, visiting retail stores daily and purchasing products was a hectic task, especially for working people. But few overcame this with innovative ideas to make our lives easy. Here are a few MBA personalities who became best in retail management: