MBA in Retail Management Course: Full Form, Admission 2024, Fees, Syllabus, Entrance Exam, Top Colleges, Career Scope
Pallavi Priyadarshini PandaContent Writer
MBA in Retail Management offers know-how on the management of the retail industry. MBA in Retail Management offers training and knowledge of key managerial skills that are required to streamline the retail process. Retail Management is offered as a specialization in MBA or Post-Graduation Diploma (PGDM) programs that open up an avenue to a wide array of career opportunities in the retail industry.
Students who have completed their graduation with 50 percent marks from a recognized university are eligible to apply for an MBA in Retail Management admission. Candidates interested in taking up an MBA in Retail Management can appear in several national and state-level entrance exams like CAT, XAT, NMAT, MAT, SNAP, and CMAT. The MBA in Retail Management fees in India range between INR 50,000 and INR 5 lakh.
MBA Retail Management graduates can work as Retail Store Manager, Branch Manager, Regional Manager, Institutional Sales Manager, Service Manager, etc, and earn an average salary ranging from INR 3 LPA to INR 6 LPA.
Latest Updates:
- CAT 2024 admit card released. CAT 2024 exam date is November 24, 2024.
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The MAT 2024 registration process for the December session is open for the CBT Phase 1 exam, and the last date is Nov 30, 2024. For PBT and CBT Phase 2 exams, the registration ends on Dec 7 and Dec 15, 2024, respectively. Further, MAT 2024 CBT Phase 1, PBT, and CBT Phase 2 exams will be scheduled on Dec 7, Dec 14, and Dec 22, 2024, respectively.
- The XAT registration 2025 for the MBA/PGDM courses is open and the last date is Nov 30, 2024. Candidates can visit and register themselves on the official website. Further, the XAT 2025 exam will be conducted on Jan 5, 2025.
- NMAT 2024 registration is ongoing for MBA/PGDM courses for the academic session 2025-27 – the last date to apply is Oct 10, 2024. Further, NMAT 2024 exam is scheduled from Nov 5 to Dec 20, 2024.
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ATMA 2025 Dec session registrations are open for admission to MBA/MMS/PGDM courses; the last date is Dec 9, 2024. The ATMA 2025 exam for the Dec session will be held on Dec 22, 2024.
- CMAT 2025 registrations are open for MBA, PGDM, and MMS courses; the last date to apply is Dec 13, 2024. The CMAT 2025 exam will be held on Jan 25, 2025.
- MBA in Retail Management Course: Highlights
- What is an MBA in Retail Management Course
- 2.1 Why Study an MBA in Retail Management?
- MBA in Retail Management Admission 2024
- 3.1 MBA in Retail Management Eligibility
- MBA in Retail Management Entrance Exams 2024
- MBA in Retail Management Syllabus
- 5.1 MBA in Marketing vs MBA in Retail Management
- 5.2 MBA in Retail Management vs MBA in Operations Management
- Popular Colleges for MBA in Retail Management
- 6.1 Best Private Colleges for MBA in Retail Management
- 6.2 Best Government Colleges for MBA in Retail Management
- 6.3 Best colleges for a distance MBA in Retail Management in India
- MBA in Retail Management Career Scope: Job Profiles, Salary and Top Recruiters
- 7.1 MBA in Retail Management Average Salary in India
- 7.2 MBA in Retail Management Top Recruiters
- FAQs About MBA in Retail Management
MBA in Retail Management Course: Highlights
Students can pursue an MBA in Retail courses to join various industries. Admission to an MBA in Retail Management is dependable on the score obtained by the candidate in an entrance exam. MBA in Retail Management subjects trains students about this management stream and helps them learn the required skills.
The below table contains all the important points related to the MBA in Retail Management course:
| Particulars | Details |
|---|---|
| Name of Course | MBA in Retail Management |
| Course Level | Postgraduate |
| Course Duration | 2 years |
| Eligibility | Completed Bachelor’s degree in any relevant field from a recognized college or university with a minimum aggregate of 50% marks |
| Entrance Exams | CAT, XAT, NMAT, CMAT, MAH CET, etc. |
| Main Subjects | Retail Operations Management, Retail Planning, Retail Sales Techniques, etc. |
| Average Salary | INR 4 to INR 10 lakh |
| Top Recruiters | Blue Star, Reliance, Blue Star, Croma, Amazon, and so on |
| Top Colleges | Shailesh J. Mehta School of Management, Mumbai, Birla Institute of Management and Technology, Greater Noida, Footwear Design and Development Institute, Noida, Jaipuria Institute of Management, etc. |
Also Read:
NPAT Exam 2024: Dates, Eligibility, Registration, Pattern, Syllabus, Preparation, Results
XAT 2024 Exam: Registration Date, Eligibility, Pattern, Syllabus, Preparation
Q: What is Retail Management MBA?
The MBA in Retail Management equips students with the management abilities necessary in the retail sector. It is a two-year postgraduate programme that provides instruction and knowledge of the critical managerial abilities needed to streamline the retail process.
Store management, commodities, sales markets, market segments, business diversification, advertising, campaigning, marketing research and even e-business are some of the sub-fields that fall under the umbrella of retail management. There are many multinational companies and Indian firms, including Lifestyle, Max, Reliance, Aditya Birla, Big Bazaar, Central, Shoppers Stop and Spencer’s that hire MBA Retail Management.
Q: Is MBA in Retail Management worth it?
Depending on your interests, career ambitions, and unique circumstances you can decide if getting an MBA in retail management is worthwhile. Below mentioned are some of the factors to consider:
- Career Goals: If you aspire to work in the retail industry and want to climb the corporate ladder, an MBA in Retail Management can provide you with specialised knowledge and skills that may help you stand out in the job market.
- Industry Relevance: An MBA in Retail Management can help you stay updated on the latest trends, technologies, and best practices within the sector, making you a more valuable asset to potential employers.
- Networking Opportunities: You can connect with professors, classmates, and industry professionals, which can open doors to job opportunities and partnerships in the retail sector.
Q: Is MBA retail management a good option?
What is an MBA in Retail Management Course
MBA in Retail Management is offered by many top MBA institutes in India either in the form of specialization or as an elective course in the second year of the degree program.
Students pursuing an MBA in Retail Management can work at various job profiles and enhance their career growth. MBA in Retail Management provides detailed knowledge to students about the retail industry, besides enhancing their entrepreneurship and leadership skills. MBA in Retail Management will offer a broader range of job opportunities in India and abroad, provided the candidate has the right attitude and skills for the service industry.
Why Study an MBA in Retail Management?
- An estimated 90 million new jobs are anticipated to be produced in India over the next five to seven years, with 45 million of those employment predicted to be in the service industry.
- Even though MBA is taught in many different sectors and the majority of MBA candidates in India study Marketing, Finance, HR, Insurance, International Business, etc., 80% of these MBA graduates end up working in sales.
- If a candidate possesses the correct mentality and service sector skills, an MBA in retail will open up a wider range of work options in India and overseas.
- The average salary of Retail Management graduates ranges between INR 4 lakh to 8 lakh.
Q: Which degree is best for Retail Management?
The degree that is seen to be best for a career in retail management often depends on a number of variables including your professional objectives, your personal interests and the particular jobs you hope to fill in the sector. The table below includes some degrees in Retail Management:
Name of Course | Average Salary (in INR) |
|---|---|
INR 7 Lacs to 12 lakh | |
INR 2 Lacs to 6 lakh | |
INR 2 Lacs to 6 lakh | |
INR 3 Lacs to 5 lakh |
Q: Is it good to opt MBA in retail management for better career prospects?
Q: Which one is the best, MBA in Retail management or PGDM in Retail management ?
MBA in Retail Management Admission 2024
- Step-1 Review the program: First review the curriculum, specializations, faculty, and facilities after that check academic qualifications, entrance exam requirements, and any additional criteria.
- Step-2 Prepare Required Documents: Prepare all the documents beforehand so that no last-minute issues occur. The documents include academic mark sheets, certificates, Standardized Test Scores (CAT, XAT, etc), and letters of recommendation.
- Step-3 Fill out the Application Form and Pay the Fees: Complete the application form provided by the institution. This may be done online or on paper and pay any required application fees.
- Step-4 Entrance Exams (if applicable): If the program requires an entrance exam, such as a common MBA entrance test or a specific university's test, register and prepare for it. Take the exam then wait for the result.
- Step-5 Submit Application: Submit all required documents along with the completed application form. Always ensure that all documents have been received and verify the status of your application.
- Step-6 Await Admission Decision: Monitor the admission portal or your email for updates on the results. If accepted an official offer letter will be provided by the university.
- Step-7 Confirm Enrollment: Confirm your intention to enroll in the program and Pay the required enrollment or tuition Fees.
- Step-8 Prepare for the Start of Classes: Follow instructions for course registration and orientation. If needed, arrange for on-campus or off-campus housing and attend any orientation sessions to familiarize yourself with the campus and program.
- Step-9 Start Classes: Attend classes and start your academic journey.
MBA in Retail Management Eligibility
The eligibility criteria and admission process for an MBA in Retail Management are the same as MBA General, which are:
- A minimum of 50 percent aggregate or equivalent in bachelor's degree from a recognized university.
- For Reserved category students, the minimum aggregate required is 45 percent marks.
- Most of the institutes accept candidates on the basis of entrance exam scores like CAT, XAT, CMAT, MAT, SNAP, etc.
Also Read:
Q: Who is eligible for MBA in Retail Management?
The eligibility criteria for MBA in Retail Management are as follows:
Q: Is it good for mechanical graduates to pursue MBA in retail management?
MBA in Retail Management Entrance Exams 2024
Admission to the MBA in Retail Management program is determined on the basis of direct entry or entrance exams. Reputable colleges rely on a merit-based admissions process and a cutoff score for the entrance exams. The availability of seats, which may vary depending on the college, is the sole factor determining admissions.
Some of the common entrance tests for admission to MBA in Retail Management courses are:
| Name of Exam | Exam Dates | Exam Schedule |
|---|---|---|
| CAT | 24 Nov '24 | CAT Schedule |
| MAT | MAT 2024 CBT 1 - 7 Dec '24 MAT 2024 PBT - 14 Dec '24 MAT 2024 CBT 2 - 22 Dec '24 |
MAT Schedule |
| XAT | 5 Jan '25 | XAT Schedule |
| NMAT | 5 Nov '24 - 20 Dec '24 | NMAT Schedule |
| SNAP | SNAP 2024 session 1 - 8 Dec '24 SNAP 2024 session 2 - 15 Dec '24 SNAP 2024 session 3 - 21 Dec '24 |
SNAP Schedule |
Relevant Links for MBA Courses:
Top MBA Entrance Exams 2024: Check Exam Dates & Last Date to Apply!
3 Dec ' 24 - 5 Dec ' 24 | CAT 2024 answer key challenge |
Dec '24 | CAT 2024 result announcement TENTATIVE |
2 Dec ' 24 - 4 Dec ' 24 | Karnataka PGCET Counselling Fee Payment and Admis... |
30 Nov ' 24 | Karnataka PGCET Counselling Final Seat Allotment ... |
Jun '24 | CT SET 2024 Counselling Start TENTATIVE |
Jun '24 | CT SET 2024 Result TENTATIVE |
6 Nov ' 24 - 17 Dec ' 24 | NMAT 2024 Retake Registration |
1 Aug ' 24 - 17 Dec ' 24 | NMAT 2024 Rescheduling Window |
Important Exam Dates
| Dates | Upcoming Exam Dates |
|---|---|
02 Dec '24 - 04 Dec '24 | Karnataka PGCET Counselling Fee Payment and Admission Order Download - Round 2 |
03 Dec '24 - 05 Dec '24 | CAT 2024 answer key challenge ONGOING |
07 Sep '24 - 07 Dec '24 | MAT 2024 Registration Process PBT ONGOING |
15 Jul '24 - 10 Dec '24 | XAT 2025 Exam registration ONGOING |
14 Nov '24 - 13 Dec '24 | CMAT 2025 registration and application process ONGOING |
07 Sep '24 - 15 Dec '24 | MAT 2024 Registration Process CBT 2 ONGOING |
05 Nov '24 - 20 Dec '24 | NMAT 2024 Exam Window ONGOING |
| Dates | Past Exam Dates |
30 Nov '24 | Karnataka PGCET Counselling Final Seat Allotment - Round 2 |
29 Nov '24 | Karnataka PGCET Counselling Provisional Seat Allotment - Round 2 |
26 Nov '24 - 29 Nov '24 | Karnataka PGCET Counselling Option Entry - Round 2 |
Q: Can I do MBA if I am graduate in retail management?
Q: How to prepare for CAT exam?
A well-balanced approach is essential for success in the CAT exam, aspirants must be aware. Six to eight hours of daily study time must be included in the CAT 2024 preparation schedule. Working professionals must set aside at least four hours each day and eight hours on weekends for preparation. You must concentrate on the most crucial subjects that will help you earn good marks during the last stage of exam preparation. See the generic CAT exam preparation technique listed below, which any applicant can use to create a comprehensive study schedule.
Step 1: Carefully review the CAT 2024 syllabus and comprehend the CAT exam pattern 2024.
Step 2: Obtain CAT books and other suggested literature.
Step 3: Join online MBA study groups on sites like Facebook, WhatsApp, Quora, YouTube, and Telegram.
Step 4: Create a monthly schedule, a weekly schedule, and a daily schedule.
Step 5: For the best outcomes, follow the timetable and preparation plan for the CAT.
To Read More: How to prepare for CAT entrance exam?
MBA in Retail Management Syllabus
An MBA in Retail Management requires regular practical projects and dissertations. For hands-on experience, it is also advised that students complete internships in a variety of retail centers, multiplexes, and showrooms during their last year of MBA in Retail Management.
In the MBA in Retail Management course, the candidates are taught the following subjects along with the fundamentals of business management and administration.
| Semester 1 |
||
|---|---|---|
| Buying Merchandising |
Store Operations |
Retail Marketing |
| Semester 2 |
||
| Human Resources |
Understanding Retail Management |
Principles of Marketing Economics |
| Semester 3 |
||
| Business Communication |
Strategic Management |
Retail Sales Techniques |
| Semester 4 |
||
| International Retailing |
Retail Operations Management |
Corporate Strategic Planning |
Note: The subject information is sourced from the official website of the University and may vary.
Also Read:
MBA in Marketing vs MBA in Retail Management
If candidates have a strong passion for the retail industry and envision themselves working in retail management roles, then the specialized knowledge gained from an MBA in Retail Management can be advantageous.
On the other hand, if candidates want a broader skill set that can be applied in various industries, an MBA in Marketing may be the better choice.
Candidates can check the table below to see the comparison between the two.
| Particulars | MBA in Retail Management | MBA in Marketing |
|---|---|---|
| Name of Course | MBA in Retail Management | MBA Sales and Marketing |
| Course Level | Postgraduate | Postgraduation |
| Course Duration | 2 years | 2 years |
| Entrance Exams | CAT, XAT, NMAT, CMAT, MAH CET, etc. | CAT, MAT, XAT, CMAT, SNAP etc. |
| Average Salary | INR 4 to INR 10 lakh | INR 5 to INR 20 LPA |
| Top Recruiters | Blue Star, Reliance, Blue Star, Croma, Amazon, and so on | Marketing Manager, Sales Manager, Head Of Digital Marketing, Market Research Analyst etc. |
| Top Colleges | Shailesh J. Mehta School of Management, Mumbai, Birla Institute of Management and Technology, Greater Noida, Footwear Design and Development Institute, Noida, Jaipuria Institute of Management, etc. |
IIM Calcutta, IIM Lucknow, XLRI, NMIMS, Symbiosis Institute of Business Management, etc. |
MBA in Retail Management vs MBA in Operations Management
If candidates have a strong passion for the retail industry and envision themselves working in retail management roles, an MBA in Retail Management is a suitable choice.
On the other hand, if candidates prefer a broader skill set that can be applied across industries, an MBA in Operations Management is more versatile and can open doors to a wider range of career opportunities in operations and supply chain management.
Candidates can check the table below to see the comparison between the two.
| Particulars | MBA in Retail Management | MBA in Operations Management |
|---|---|---|
| Name of Course | MBA in Retail Management | MBA in Operations Management |
| Course Level | Postgraduate | Postgraduation |
| Course Duration | 2 years | 2 years |
| Entrance Exams | CAT, XAT, NMAT, CMAT, MAH CET, etc. | CAT, MAT, XAT, CMAT, SNAP etc. |
| Average Salary | INR 4 to INR 10 lakh | INR 10 - 25 LPA |
| Top Recruiters | Blue Star, Reliance, Blue Star, Croma, Amazon, and so on | Operations Manager, Data Analyst, Human Resource Manager, Supply Chain Program Manager, Plant Manager, and so on. |
| Top Colleges | Shailesh J. Mehta School of Management, Mumbai, Birla Institute of Management and Technology, Greater Noida, Footwear Design and Development Institute, Noida, Jaipuria Institute of Management, etc. |
IIM Bangalore, IIM Calcutta, Symbiosis Institute of Business Management |
Popular Specializations
- Retail
349 Colleges
- Sales & Marketing
201 Colleges
- Finance
195 Colleges
- Human Resources
192 Colleges
- IT & Systems
142 Colleges
- International Business
127 Colleges
- Operations
123 Colleges
- Supply Chain
98 Colleges
- Entrepreneurship
71 Colleges
- HealthCare & Hospital
62 Colleges
Q: What does retail management curriculum has?
Q: How is retail management course?
Popular Colleges for MBA in Retail Management
A large number of universities offer an MBA in Retail Management due to its increasing popularity. Students can choose among the popular private and government colleges for an MBA in Retail Management according to their preferences. Candidates can check the top popular government and private colleges that offer MBA in Retail Management courses mentioned below.
Candidates must note that the colleges mentioned in the table are listed alphabetically and not in any order of ranking hierarchy.
Best Private Colleges for MBA in Retail Management
The scope of an MBA in Retail Management is excellent and rising rapidly. Below-mentioned the top private MBA in Retail colleges in India:
| Name of College | MBA in Retail Fees |
|---|---|
| Amity University, Gurgaon | INR 8.2 L |
| Amity University, Noida | INR 7.1 L |
| INR 11 L | |
| International Institute of Management Studies, Noida | INR 9 L |
| Jaipuria Institute of Management, Jaipur | INR 10 L |
| Jaipuria, Noida | INR 13.5 L |
| Jagran Institute of Management Studies, Delhi | INR 8.7 L |
| Lovely Professional University, Jalandhar | INR 7.6 L |
| Parul University, Vadodara | INR 1.4 L |
| Vidyalankar School of Business, Mumbai | INR 6.5 L |
Best Government Colleges for MBA in Retail Management
The list of government colleges offering MBA in Retail Management are:
| Name of College | MBA in Retail Fees |
|---|---|
| INR 26.4 K | |
| INR 1.84 L | |
| INR 4.9 L | |
| INR 3.8 L | |
| J C Bose Institute of Science and Technology, Faridabad | INR 2 L |
| Jiwaji University, Gwalior | INR 45.28 K |
| Punjabi University, Patiala | INR 1.4 L |
| University of Lucknow | INR 2 L |
| University of Mysore | INR 4.8 K |
Also Read: Top MBA Institutes in India
Best colleges for a distance MBA in Retail Management in India
When it comes to pursuing a distance MBA in Retail Management in India, there are several reputable institutions and universities that offer such programs. The best college can vary based on one's specific needs, preferences, and location.
However, here are some well-known institutions that offer distance MBA programs in Retail Management in India:
| College Name | Total Fees (in INR) |
|---|---|
| Symbiosis Centre for Distance Learning | 50 K |
| IIBMS | 40.8 K - 50.8 K |
| Indian School of Business Management and Administration, Bangalore | 7.6 L |
| Directorate of Distance Education, Alagappa University | 26.4 K |
| Indian School of Business Management and Administration, Kolkata | 49.9 K |
| IICT Business School Lucknow | 13 K - 32.1 K |
| Indian School of Business Management and Administration, Pune | 29.9 K |
| Directorate of Distance Education, Madurai Kamaraj University | 9 K - 36 K |
| Symbiosis Centre for Distance Learning, Delhi | 18 K |
Selected Applications open. Apply Now
Q: Which are the top colleges offering Retail Management course?
Q: Which are the government institutes offering Retail Management course?
Q: Which are the best colleges for Masters in retail management and how to go about it?
Popular Private MBA in Retail Management Colleges in India
Selected Applications open. Apply Now
MBA in Retail Management Career Scope: Job Profiles, Salary and Top Recruiters
An MBA in Retail Management can provide you with a range of career opportunities in India's dynamic retail sector. The retail industry in India has been growing steadily, and with the increasing consumer demand and changing market dynamics, there are several career prospects for individuals with expertise in MBA in Retail Management.
The MBA in Retail Management career scope in retail management is diverse and offers opportunities in various areas, from traditional retail management to e-commerce and supply chain management. It's important to keep in mind that one's career prospects may also depend on their skills, experience, and networking within the industry.
Additionally, staying updated on MBA in Retail Management industry trends and consumer behavior is essential to succeed in this field.
MBA in Retail Management Average Salary in India
MBA in Retail Management graduates' salaries differ from one job role to another. However, the average MBA in Retail Management salary ranges between INR 8 LPA and INR 10 LPA. The highest salary offered in the profile can go as high as INR 30 lakh per annum in the case of some top companies.
Have a look at the table for the MBA in Retail Management salary break-up on the basis of different job roles:
| Job Roles |
Job Description |
Average Salary (in INR) |
|---|---|---|
| Marketing Manager |
As a marketing manager one supervises and helps in creating sales campaigns. |
7.25 LPA |
| Senior Operations Manager |
As a senior operations manager, one oversees the organization's services and/or production of goods. |
12.5 LPA |
| Store Manager |
As a store manager, one oversees operations in a retail store. |
5.3 LPA |
| Brand Manager |
A brand manager manages and controls the way a brand is exposed to the public. |
10 LPA |
MBA in Retail Management Top Recruiters
A number of multi-national companies hire MBA in Retail Management graduates in various capacities. There are a whole lot of areas where an MBA in Retail Management graduate can look for career building, such as brand marketing, operations, supply chain, and logistics.
Have a look at some of the MBA in Retail Management top recruiters in the table below:
| Top Recruiters for MBA in Retail Management | |
|---|---|
| Amazon |
Croma |
| ITC Hotels |
Philips India |
| Reliance Jio |
Taj Group of Hotels |
| Blue Star |
Canon |
| eBay |
Grofers |
| Havells Limited |
HCL |
| Nestle |
Panasonic |
| Flipkart |
Snapdeal |
| Raymonds |
HP |
| NTPC |
Puma |
| DHL |
Zomato |
| GSK Pharma |
Future Group |
Q: What is the scope of retail manager?
With the retail industry in India growing at a quick pace there is a lot of potential for career progression in this field. India's retail industry has been steadily developing because to a number of causes including rising disposable incomes, shifting consumer preferences, urbanization and the country's middle class.
- Job Opportunities: As the retail industry continues to grow, there are numerous job opportunities for Retail Managers.
- Diverse Roles: Retail Managers can work in a range of roles including store management, district or regional management, category management, merchandising, supply chain management and more.
- Competitive Salaries: Retail Managers in India can earn competitive salaries and their income often includes performance-based incentives.
- Career Progression: Retail managers have the opportunity to climb the corporate ladder and move into higher-level roles such as Area Managers, Regional Managers or even executive positions
Q: Other than MBA what can I do to become a retail manager?
FAQs About MBA in Retail Management
Read on to learn more about the MBA in Retail Management course:
Q: If I complete a BBA in Retail Management, am I able to do an MBA in Finance?
Yes, for sure a students can pursue an MBA in Finance after completing a BBA in Retail Management. Many MBA programs do not require a specific undergraduate degree in a particular field and they accept candidates with diverse educational backgrounds.
Some MBA courses may have prerequisite courses in subjects like Accounting, Economics or Finance. If their particular BBA course did not cover these topics, students might need to take additional courses before or during their MBA programme to meet the requirements.
Q: What can I do after MBA in Retail Management?
After completing an MBA in Retail Management, candidates can either opt for any job profiles or opt for the following courses for further education:
- Digital Marketing Courses
- Supply Chain Management Courses
- Data Analytics and Business Intelligence Courses
- Customer Relationship Management (CRM) Courses
- E-commerce and Omnichannel Retailing Courses
Q: Which is better - MBA in Retail Management or MBA in Hospital Management?
MBA in Retail Management programme is tailored for individuals interested in the retail sector, including roles in store management, supply chain management, merchandising and marketing within retail organizations.
On the other hand, MBA in Hospital Management is designed for individuals interested in healthcare management and administration. It covers areas like hospital operations, healthcare policy, healthcare finance and healthcare quality management.
Candidates can check the table below to see the comparison between the two.
Particulars | MBA in Retail Management | MBA in Hospital Management |
|---|---|---|
Name of Course | MBA in Retail Management | MBA in Hospital Management |
Course Level | Postgraduate | Postgraduation |
Course Duration | 2 years | 2 years |
Entrance Exams | CAT, MAT, XAT, CMAT, SNAP etc. | |
Average Salary | INR 4 to INR 10 lakh | INR 4 LPA - INR 10 LPA |
Top Recruiters | Blue Star, Reliance, Blue Star, Croma, Amazon, and so on | Cipla, Fortis, Apollo, Ranbaxy, Novartis, Star Health, etc. |
Top Colleges | NMAT,5 J. Mehta School of Management, Mumbai, Birla Institute of Management and Technology, Greater Noida, Footwear Design and Development Institute, Noida, Jaipuria Institute of Management, etc.. | Goa Institute of Management, Lovely Professional University, K J Somaiya Institute of Management, etc. |
Q: What is scope of retail management in banking sector?
Hi, retail management is an important part of the banking sector. All transactions/banking that deal with individuals (and not companies) are called retail banking or consumer banking. This deals with raising funds from individuals (through investment products like FDs, bank accounts, mutual funds etc.) and also giving funds to individuals (through loans etc).
With the huge customer base in India, this banking is very important. There are many banks in retail banking- nationalized banks like PNB, and State Bank of India, private banks like HDFC and ICICI bank and then foreign banks like Citibank and HSBC. SCOPE FOR RETAIL BANKING IN INDIA
- A round increase in economic activity.
- Increase in purchasing power. The rural areas have a large purchasing power at their disposal and this is an opportunity to market Retail Banking.
- India has 200 million households and 400 million middle-class population more than 90% of the savings come from the household sector. Falling interest rates have resulted in a shift. “Now People Want To Save Less And Spend More.”
- The nuclear family concept is gaining much importance which may lead to large savings, and large number of banking services to be provided is day-by-day increasing.
- Tax benefits are available for example in the case of housing loans the borrower can avail tax benefits for the loan repayment and the interest charged for the loan. You will earn not only money in this sector but also Name and fame with it.
Q: What is Retail Management? What should I pursue after class 12th to be a Retail Manager?
Q: Other than MBA what can I do to become a retail manager?
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Anything you would want to ask experts?Answered 9 hours ago
The JIMS PGDM fee structure may include various components, such as tuition fees, one-time fees, alumni membership, etc. Candidates can check out the following table to know more about the JIMS PGDM fee structure:
Instalment | Amount |
|---|---|
First Installment | INR 2.80 Lacs + INR 2,000 (Alumni Membership) + INR 5,500 Refundable security (Payable at the time of admission) |
Second Installment | INR 2.45 Lacs payable by Nov 19, 2025 |
Third Installment | INR 2.65 Lacs Payable by Jul 8, 2026 |
Fourth Installment | INR 2 Lacs Payable by Nov 18, 2026 |
Total | INR 9.90 Lacs + INR 2,000 (Lifetime Alumni Membership) + INR 5,500* (Refundable security) |
NOTE: The mentioned fee is taken from the official website/sanctioning body. It is sti
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Beginner-Level 3
Answered 11 hours ago
JIMS PGDM- Retail Management taps into India's wealth of cutting-edge retail expertise which helps meet the growing demands for professionals with the intellectual ability and practical skills to succeed in this fast-paced and global retail business environment. This programme aims to provide studen
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Beginner-Level 3
Answered a month ago
Placements for post graduate Diploma in supply Chain Management and logistics at AIMS IBS generally have a positive track record . The programme is designed for practical skills and industry knowledge . This institute offered many reputed job it has good connection with big industries. And it has al
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Beginner-Level 5
Answered a month ago
Bengal Institute of Business Studies (BIBS) Kolkata offers the MBA-PGPSCM programme in Supply Chain Management, which is a popular choice for students interested in logistics, operations, and supply chain roles. While the exact intake number for the MBA-PGPSCM programme is not specified in the avail
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Contributor-Level 10
Answered a month ago
To get your Post Graduate Diploma in Logistics and Supply Chain Management at ILAM, Bangalore, follows:
Eligibility For being eligible you must have:
At least Bachelor's from the recognised University with minimum percentage aggregated.
Application Process: Download the application form from the ILAM w
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Contributor-Level 8
Answered a month ago
Here’s some quick information about DU and BHU, Front Office Management courses, for more details you can check the official websites of the respective websites:
| Front Office Management in (DU) | Front Office Management in (BHU) |
|---|---|
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Contributor-Level 9
Answered a month ago
Students from any stream (Science, Arts, or Commerce)can apply through the CUET for front-office management courses. Since the front office field focuses on customer services, communication and hospitality skills rather than a specific academic background, CUET allows all students from diverse educa
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Contributor-Level 9
Answered a month ago
The subjects taught in the first semester of PGDM in Retail Management at Jaipuria Institute of Management Noida are meant to create the base of subjects for students. The subjects included in the first semester are as follows:
- Accounting for Business
- Managerial Economics
- Statistics for Management
- Organ
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Contributor-Level 10
Answered 2 months ago
After studying retail courses, the graduates can find work in malls, shopping complexes, retail chains, etc. Some of the common job profiles in the retail industry are mentioned below along with their average annual salary.
Job Profile | Salary (in INR) |
|---|---|
Sales Manager | INR 8 Lacs to 9 lakh |
Operations Manager | INR 6 Lacs to 7 lakh |
Advertising Manager | INR 4 Lacs to 5 lakh |
Retail Executive | INR 12 Lacs to 13 lakh |
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Contributor-Level 10
Answered 2 months ago
Some of the communications skills required to enter the Retail industry are:
Good Communication Skills: The candidates should be able to speak clearly both to the team and to the customers. They must first comprehend the client's issues before assisting them with their wants, which calls for a lot of
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Contributor-Level 10
Answered 2 months ago
BBA stands for Bachelor of Business Administration and a BBA in Retail designates a particular academic degree programme that places special emphasis on educating students for careers in the retail sector. In addition to a specialisation in retail management and related fields, it includes business
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Contributor-Level 10
Answered 2 months ago
Retail Manager is responsible to look after Team Management, Inventory Management, Visual Merchandising, Financial Management, etc. By efficiently managing all areas of the operation and ensuring that clients have a great shopping experience, the retail manager plays a crucial part in determining th
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Contributor-Level 10
Answered 2 months ago
Yes, Retail Management courses can be pursued online as well. There are a number of learning platforms that are offering these online courses. Interested candidates can see the table below to know these courses along with the course provider and fees.
Course Name | Course Provider | Fees (in INR) |
|---|---|---|
Online Manipal | 1.66 lakh | |
Alsion | FREE | |
Udemy | - | |
International Career Institute | - |
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Contributor-Level 10
Answered 2 months ago
The syllabus of Retail courses is designed by industry experts to teach the candidates detailed knowledge about the retail industry and its associated branches. Retail involves a range of activities including marketing, merchandising, inventory management, customer service and sales. Some of the mai
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Contributor-Level 10
Answered 2 months ago
The freshers in this field are offered an annual salary between the range of INR 2 Lacs and INR 4 lakh. As they climb up the professional ladder, their compensation may increase.
Experience Level | Salary Range (in INR) |
|---|---|
Entry Level | INR 2 Lacs - INR 84lakh |
Mid-Level | INR 4 lakh- INR 10 lakh |
Senior Level | INR10 Lacs and above |
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Contributor-Level 10
Answered 2 months ago
The minimum criteria to pursue a retail course at a UG level is passing Class 12 from a recognised board. The candidates may have to appear for the entrance exams accepted by the college or university. At the PG level, candidates must have completed graduation from a recognised university with a min
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Contributor-Level 10
Answered 2 months ago
One of the global sectors with the highest growth is the retail sector. People are now switching to online shopping because of technology which has increased competition in this market. Some of the retail courses are:
Degrees in Retail | Name of Retail Course | Duration |
|---|---|---|
Retail Courses After 10+2 |
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Retail Courses After Graduation |
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Retail Courses After Postgraduation |
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Contributor-Level 10
Answered 2 months ago
Retail is the selling of merchandise and services to consumers. As the last step in the supply chain, it involves making items accessible to the general public via a variety of distribution channels. Marketing, merchandising, inventory management, customer service and sales are just a few of the man
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Contributor-Level 10
Answered 2 months ago
Here are some responsibilities of Retail Banker;
- Promote the Bank’s Products: A retail banker promotes a bank’s services and products, such as investment and retirement plans, as well as other loans such as housing and education loans.
- Develop Consumer Relationships: A retail banker meets with the ban
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Contributor-Level 10
Answered 2 months ago
MBA in Retail Management programme is tailored for individuals interested in the retail sector, including roles in store management, supply chain management, merchandising and marketing within retail organizations.
On the other hand, MBA in Hospital Management is designed for individuals interested i
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Contributor-Level 10
Answered 2 months ago
The eligibility criteria for MBA in Retail Management are as follows:
- A minimum of 50 percent aggregate or equivalent in bachelor's degree from a recognised university.
- For Reserved category students, the minimum aggregate required is 45 percent marks.
- Most of the institutes accept candidates on the ba
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Contributor-Level 10
Answered 2 months ago
With the retail industry in India growing at a quick pace there is a lot of potential for career progression in this field. India's retail industry has been steadily developing because to a number of causes including rising disposable incomes, shifting consumer preferences, urbanization and the coun
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Contributor-Level 10
Answered 2 months ago
After completing an MBA in Retail Management, candidates can either opt for any job profiles or opt for the following courses for further education:
- Digital Marketing Courses
- Supply Chain Management Courses
- Data Analytics and Business Intelligence Courses
- Customer Relationship Management (CRM) Courses
- E-
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Contributor-Level 10
Answered 2 months ago
Depending on your interests, career ambitions, and unique circumstances you can decide if getting an MBA in retail management is worthwhile. Below mentioned are some of the factors to consider:
- Career Goals: If you aspire to work in the retail industry and want to climb the corporate ladder, an MBA i
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Contributor-Level 10
Answered 2 months ago
The degree that is seen to be best for a career in retail management often depends on a number of variables including your professional objectives, your personal interests and the particular jobs you hope to fill in the sector. The table below includes some degrees in Retail Management:
Name of Course | Average Salary (in INR) |
|---|---|
INR 7 Lacs to 12 lakh | |
INR 2 Lacs to 6 lakh | |
INR 2 Lacs to 6 lakh | |
INR 3 Lacs to 5 lakh |
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Contributor-Level 10
Answered 2 months ago
The MBA in Retail Management equips students with the management abilities necessary in the retail sector. It is a two-year postgraduate programme that provides instruction and knowledge of the critical managerial abilities needed to streamline the retail process.
Store management, commodities, sale
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Contributor-Level 10
Answered 2 months ago
Yes, for sure a students can pursue an MBA in Finance after completing a BBA in Retail Management. Many MBA programs do not require a specific undergraduate degree in a particular field and they accept candidates with diverse educational backgrounds.
Some MBA courses may have prerequisite courses in
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Contributor-Level 10
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