Scope of MBA in Retail Management in India

sunandaC

Sunanda K. Chavan
Scope of MBA in Retail Management in India


The Retail Management program enables the graduates to enter into the field of retailing. The retail management students are in high demand as they have the ability to handle administration of the stores and thereby handling the store sales and managing profitability. The distribution of the products from the manufacturer to the consumer through convenient channels is known as retail.


By the year 2016 a huge growth is expected in the Indian retail sector. Due to the increasing demand of the retail management professionals various institutions have stepped forward to offer MBA in retail management. The aspirants can pursue MBA degree and achieve knowledge in the major fields like marketing, supply chain management and electronic retailing.

The Course Outlook

The course in retail management deals with the shopping mall and store retailing business. The candidates those have passed the Graduation examination can seek admission to the MBA course which specializes in the field of retail management. The syllabus of retail management course includes the following topics.

Supply chain management
Marketing information
Finance management
Accounting in retail
Electronic retailing
Merchandise management
Marketing and business communication
Sales promotion with public relation
Inventory management
Customer relationship
Business ethics
Retail brand management
Business communication
Psychology of retail shoppers
Management and organizational behavior
Quantitative methods in retailing
Institutes offering Retail Management Courses in India

The retail management aspirants can seek admission in any of the following institutes which helps them in molding an excellent career.

Welingkar Institute of Management, Mumbai
K J Somaiya Institute of Management Studies & Research, Mumbai
Mudra Institute of Communications
Indian Retail School
Pearl Academy of Fashion
RPG Institute of Retail Management
SP Jain Institute of Management and Research, Mumbai
Birla Institute of Management Technology, New Delhi
Indian Institute of Jewelry
Institute of Technology and Management
Indian Institute of Retail, New Delhi
Symbiosis Centre for Distance Learning (SCDL)
Institute of Management Studies, Mumbai
The Retail Academy, Ahmedabad
National Institute of Fashion Technology (NIFT)
Birla Institute of Management Technology
Birla Vidya Niketan, New Delhi
Asia-Pacific Institute of Management, New Delhi
Indian Retail School, New Delhi
K J Somajya Institute of Management Studies & Research, Mumbai
Garware Institute of Career Education and Development, Mumbai
Pearl Academy of Fashion, New Delhi
Mudra Institute of Communications, Ahmedabad
ITM-CDLHP Global Leadership Centre, Navi Mumbai
Retailers Association of India (RAI), Mumbai
Welingkar Institute of Management Development & Research, Bangalore
Kohinoor Business School, Khandala
Apeejay Institute of Business Studies, Gurgaon


Career Prospects

The MBA course in retail management offers an excellent career in supply chain, mall management, store management etc. Now, India is emerging as one of the leading retail markets across the world.
 
You can also opt for the 11 months course of PGPRM in Retail by Future Innoversity. My cousin is a current student.... It has good faculty too... Check their website...
 
Retail management

The various processes which help the customers to procure the desired merchandise from the retail stores, it includes all the steps required to bring the customers into the store and fulfill their buying needs.Well,MBA is all about helping you to know about business and how to set up and setting up business is like inducing consumer and this is what retail management do so, when this both functions collide with each other that indirectly means they are directly proportional and it has got scintillating career.
 
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