Retail Operation Management

The selection process for an MBA in Retail Management typically involves the following steps:Entrance Exam: Candidates must clear national or institute-level exams like CAT, MAT, XAT, CMAT, GMAT, or university-specific tests.Application Submission: Submit an application with academic details, entrance exam scores, and relevant documents like work experience certificates (if applicable).Shortlisting: Institutes shortlist candidates based on entrance exam performance, academic records, and sometimes work experience.Group Discussion (GD): Shortlisted candidates participate in a GD to assess communication skills, teamwork, and understanding of business concepts.Personal Interview (PI): A PI evaluates the candidate's subject knowledge, interest in retail management, career goals, and personality traits.Final Merit List: The final selection is based on a composite score of entrance exams, GD, PI, and sometimes academic or work experience weightage.Each institute may have specific criteria, so check individual admission requirements.

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 students with a comprehensive understanding of the theoretical and applied aspects of concepts and equip students with the analytical, critical thinking, and problem-solving skills necessary for a management professional. The industry-based curriculum and innovative teaching practices of learning by doing helps candidates meet continuously growing demands for retail professionals.How PGDM Retail Management is Different1. Dual Major SpecialisationOne of the most appealing features of the PGDM in Retail Management programme is the opportunity for dual major specialisations, such as Retail + Marketing and Retail + Finance2. Outbound Experiential LearningOn-Job Training (OJT) with top retail companies like Aditya Birla Fashion and Retail, Reliance, etc. Live Projects, Industry Research Projects, and Internships, Regular Interaction with Indian and Global Retailers. 3. Strong Corporate ConnectWide course curriculum covering all the aspects of Retail, Marketing, Finance and E-Commerce designed as per industry needs. Personality Grooming Sessions; Emphasis on Communication Skills, Personality Development, Team Management and other interpersonal skills. 4. Curriculum as per Industry NeedsFocus on industry-oriented modules, such as E-Commerce, Digital Marketing, Retail Analytics, Marketing Analytics, E-Commerce Analytics, Visual Merchandising, Store Operations, Luxury Retail, Social Media Marketing, Supply Chain & Logistics, Merchandising and Category Management, E-Business Strategy etc. 5. State of Art Infrastructure and Exclusive VM LabState-of-the-art classrooms and an exclusive Virtual Merchandising Lab specially designed to facilitate experiential learning for Visual Merchandising and Styling sessions. Corporate and industry projects for the students to make them ahead of the curve. 6. Industry Professionals as Subject Expert FacultyExperienced in-house faculty and Practicing Professionals as visiting faculty, Regular visits and interaction with Indian and globally renowned retailers for practical exposure. Innovative Teaching Methods for Analytical and Problem-Solving Skills. 

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 CourseDurationRetail Courses After 10+2Certificate programme in Retail managementRetail management diplomaBachelor of Science (BSc.) in Retail ManagementIntegrated MBA in Retail ManagementSix MonthsOne Year3 Years5 YearsRetail Courses After GraduationBBA in Retail ManagementB.Sc in Retail ManagementBSc (Hons) in Fashion ManagementBA in Fashion Management3 Years3 YearsRetail Courses After PostgraduationMSc in Supply Chain and Purchasing ManagementMA in Luxury Fashion and Brand ManagementMBA in Retail Management2 Years2 Years 

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.ParticularsMBA in Retail ManagementMBA in Hospital ManagementName of CourseMBA in Retail ManagementMBA in Hospital ManagementCourse LevelPostgraduatePostgraduationCourse Duration2 years2 yearsEntrance ExamsCAT,  XAT,  NMAT,  K  MAH CET,  etc.CAT, MAT, XAT, CMAT, SNAP etc.Average SalaryINR 4 to INR 10 lakhINR 4 LPA - INR 10 LPATop RecruitersBlue Star, Reliance, Blue Star, Croma, Amazon, and so onCipla, Fortis, Apollo, Ranbaxy, Novartis, Star Health, etc.Top CollegesNMAT,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.

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.