MBA Retail Management

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Mar 13, 2023 19:31PM IST

MBA Retail Management Overview

With India becoming one of the quickest retailing destinations in the recent Indian marketing scene, a 2 years long Master of Business Administration degree in Retail Management offers the ideal starting pad for a successful and thriving career in the Retail sector. A top-ranked MBA Retail Management programme will provide you with a solid foundation in entrepreneurship and management with an emphasis on the retail industry and will position you for success in the corporate ladder across varied Retail Management roles for both local and international organisations.

This programme primarily provides a specialised understanding of management as well as sales and marketing methods applicable to the retail business. This degree programme helps you enhance your managerial, leadership, and communication abilities by combining theoretical concepts with hands-on experience. It also aims to methodically explain customer behaviour and how it might assist firms in growing. You will also learn to think critically and interpret business data, giving you a much-needed competitive advantage in the marketing field.

The curriculum or syllabus provided for postgraduate students pursuing an MBA in Retail Management is intended to assist them in planning and preparing for their academic activities during the course term.

Admission to MBA MBA Retail Management programmes in India is based on merit and the results of entrance exams. A bachelor's degree in a relevant field of study with at least 50%-60% aggregate marks is required, as are admission exam scores such as CAT/GMAT/XAT/NMAT/MAT/and others, as well as other major qualifying conditions as indicated by the university.

MBA Retail Management programmes are available at Symbiosis Institute of Management Studies, Amity Business School, Indira Gandhi National Open University (IGNOU), Institute Of Business Management & Research International Business School, and other major business schools in India.

Furthermore, the scope and career opportunities for MBA Retail Management graduates are constantly expanding, giving aspirants the option of pursuing further education in the same field or selecting a career from a pool of different job prospects such as Retail Store Manager, Sales Executive, Sales Manager, Department Manager, Brand Manager, Retail Industry Coordinator, Financial Controller, Warehouse Manager, and others.

Graduates with an MBA Retail Management degree may expect to make anywhere between INR 3.5 lakhs to INR 9 lakhs per year on average, with the potential to earn INR 10-18 lakhs per year.

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MBA Retail Management Highlights

Check out the significant highlights of the MBA Retail Management course below:

MBA Retail Management Highlights

Here is a quick rundown of some of the most important features and facts about MBA Retail Management courses:

Course MBA Retail Management
Full Form Master of Business Administration in Retail Management
Degree LevelPostgraduate/Master’s
  • Full Time: 2 years 
  • Part Time: 2-3 years 
  • Distance Learning: 2 years 
  • Online: 2 years 
Exam Type Semester-based 
Minimum Qualification RequirementCandidates should have completed graduation in a similar discipline from a recognised university with 50% or above marks. All the candidates need to clear an entrance exam (like CAT) with an excellent score to get admission.
Average Starting Salary INR 3.5-9 lakhs per annum 
Average Fees Incurred INR 2 to 15 lakhs 
Selection Process Entrance test + Merit-based 
Popular Entrance Exams 
  • CAT
  • XAT
  • GMAT
  • NMAT
  • MAT
  • CMAT
  • Other Entrance Exams
Minimum Aggregate Percentage Required for Admission 50%-60% in bachelor’s degree
Top Recruiters Adidas, Aditya Birla, Airtel, Arvind, Bebe, Bharti, Big Bazar, Pantaloons, Bose, Decathlon, DLF Brands, Dune London, ethos, GANT, Google, Lifestyle, MakeMyTrip, OLA, M&S, Oppo, Puma, VI, Walmart, Veeba, Zara, etc
Career Prospects 
  • Business Development Manager
  • Retail Store Manager
  • Sales Executive
  • Sales Manager
  • Department Manager
  • Brand Manager
  • Retail Industry Coordinator
  • Financial Controller
  • Warehouse Manager
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Why Study MBA Retail Management?

The apparent answer to this question is that if you are interested in the retail industry and want to pursue a career in it, you should enrol in this programme. If you wish to change careers and work in the retail industry, this programme is for you.

An MBA in Retail Management provides you with the two most critical abilities for surviving in this competitive industry: communication and business management. When pursuing an MBA degree, these are the two basic yet most significant abilities that you should concentrate on because they will greatly assist you in your career development.

As the retail business expands, there is a significant demand for graduates with a speciality in this field. Companies are willing to pay high salaries to skilled retail managers because there are not enough of them available. With the increasing breadth of this industry, the future is bright, and prospects are expanding quickly. As a result, this programme would be an excellent choice for students seeking to establish a strong career.

Here are certain personalised reasons why students could choose to study MBA in Retail Management:

  • Build Interpersonal Skills: MBA Retail Management deals directly with consumers as well other stakeholders, such as suppliers, distributors, franchise representatives, and store managers. It helps them build varying types of interpersonal skills like communication and leadership styles in accordance with the group dealt with.
  • All-time Relevant Sector: MBA Retail Management deals with all the methods and measures to ensure a proper and smooth transition of products or services to the final consumer. As consumers cannot be eliminated from the market structure of any industry, so does the retail sector. Retail Management is therefore an area with perpetual opportunities and relevance.
  • Huge Industrial Investments: In order to complete the product/service cycle, it has to reach its target consumers. Any organisation, enterprise, or entity offering any product or service shall have to make investments in the area in varying ways, like direct supply, online buying, doorstep delivery, franchise stores, retail stores, etc. These settings require huge investments making the sector one of the highly invested areas of any venture. The income is similarly large and raw (as revenue), and MBA Retail Management graduates have a chance to take advantage of the same.
  • Wide Scope of Opportunities: Clearly the perpetual relevance and bulky investments allow the MBA Retail Management to explore varying opportunities, not only in hierarchical structure but types of business and ventures they might work for as well. This technicality provides them with a chance to grow in a multi-faceted manner and build a wide range of experience, making it easier to negotiate for higher salaries and job perquisites.
  • Scope of Professional Growth: The ultimate goal of any employee is professional growth in a dynamic manner. The wide range of growth opportunities allows MBA Retail Management to ensure the same, that too in varying sectors. It does not matter which sector they start with, they can always switch to a different one, build a career in the exchange or switch again. The profiles of top management assisted from the retail sector showcase a wide experience and hence make them more likely to lead successful business strategies.
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Types of MBA Retail Management Courses

MBA degrees are available in a range of formats, including full-time and online degrees that can be completed from the convenience of one's own home. Each MBA programme offers the potential to get a thorough understanding of the business and Retail Management field of study, but which should a person pursue? The following is an overview of the numerous MBA Retail Management programmes available:

  • Two-Year Full-time MBA: A two-year full-time MBA programme is one of the most common MBA programmes. Enrolling in a two-year MBA Retail Management programme helps learners to sharpen their fundamental business skills while delving into specialised topics. The first year will cover core subjects like strategy, communication, finance, and marketing. Students will also be able to focus on themes of their choice during elective modules and focus periods in year two. They will also be able to engage in a summer internship, which can sometimes lead to a full-time job offer after graduation.
  • Part-Time MBA: A part-time MBA Retail Management may be the best option for those who want to study for an MBA but do not want to take time away from their employment. Part-time MBA programmes allow working professionals to create a curriculum that works around their schedules. Students' degrees are usually completed over a long period of time, ranging from 2 to 5 years or more. Candidates can also enrol in MBA Retail Management with a weekly schedule of evening or weekend classes to complete the degree.
  • Online MBAStudents can get degrees from the convenience of their own homes, anywhere in the world, through online MBA programmes. Online MBA Retail Management programmes will cover the same topics as traditional MBA programmes and be taught by the same professors. They do, however, provide the extra benefit of a flexible learning environment. Students can complete classes at their leisure and study for an extended time, similar to a part-time programme.
  • Executive MBAExecutive MBA programmes are designed for mid-career professionals who desire to ascend into positions of leadership. Because the MBA Retail Management programmes place a great focus on the experience that each student offers, applicants must have at least 5 years of work experience. Part-time EMBA programmes are usually held in the evenings or on weekends. This enables trainees to continue working while immediately using their knowledge and abilities in their business as they advance.
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MBA Retail Management Eligibility Criteria

MBA Retail Management programmes can be applied for by interested students, albeit they satisfy the eligibility criteria of the colleges and b-schools offering the same. While all colleges design their eligibility criteria independently, there has been observed certain commonality.

Here are the basic eligibility criteria which students may expect their applying colleges to demand:

  • They must have completed their undergraduate qualification with a bachelor’s degree.
  • The bachelor’s degree must have been obtained from an accredited and recognised institution, or equivalent to the establishment.
  • The aggregate score for the bachelor’s degree must range either in or above 50%-55%.
  • They must provide the entrance exam scores which are acceptable to the respective college or b-school.
  • Their entrance exam score must be equivalent to or more than the cut-off score mentioned by the respective institution to make it to the next round of the admissions process.
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MBA Retail Management Entrance Exams

As previously stated, admission to MBA Retail Management programmes is determined by applicants' undergraduate degrees as well as the results of entrance tests. Some of the most prevalent admission tests for candidates wishing to pursue an MBA in Retail Management degree in India are as follows:

Note: Admission will be based on the score or rank attained in the entrance exam, as well as a personal interview and group discussion.

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How to Get Admission to MBA Retail Management in India?

MBA graduates are offered significant managerial positions in both the public and private sectors. The majority of universities provide an MBA Retail Management degree in two years, which is separated into four semesters. If you want to earn the most up-to-date degree, you must first look for the best MBA colleges in India. Candidates with work experience can apply for an Executive MBA course in addition to the regular MBA 2023 admission procedure to boost their existing working profile. For aspirants interested in the MBA Retail Management admission process in India, below is a brief step-by-step admission process:

Step 1: Choose an MBA College

There are several colleges in India that provide MBA degrees in Retail Management speciality. Candidates who desire to apply for admission must first select a B-School of their choosing. This may appear simple, but most toppers have confessed that choosing a B-School is one of the most difficult aspects of the MBA admission process. Choosing a B-School may be influenced by factors such as:

  • Location of the B-School
  • Reputation
  • Specializations Offered
  • Selection Procedure
  • Fee Structure
  • Return on Investment i.e. Placements Record etc

Step 2: Appear in Any of the MBA Entrance Exams

Those who wish to follow a management course PGDM/MBA programme specialising in Retail Management from top MBA colleges must take the CAT, XAT, NMAT, or any equivalent entrance test accepted by colleges and business schools in India offering MBA Retail Management. Candidates can review the detailed entrance tests for the two-year MBA programme listed below once they have decided which B-School they want to attend:

  • National Level Entrance Exam
  • State Level Entrance Exam
  • University Level Entrance Exam

Step 3: Check the Eligibility Criteria 

Once the B-School and entrance examinations are chosen, one of the most crucial aspects of the MBA admission process 2023 for candidates is to determine their eligibility for admission to the institute. Candidates can choose between a normal full-time MBA Retail Management programme and a part-time MBA Retail Management programme. Except for a few B-Schools that provide speciality courses, all B-Schools have the same basic eligibility criteria for MBA degrees.

Step 4: Appear for the MBA Course Selection

Fill out the application form, take the test after confirming the eligibility criteria, and then participate in the selection procedure after the results are announced. Most B-Schools' common MBA Retail Management admissions process in 2023 will be:

  • WAT/GD: After passing the MBA entrance exams, such as the Common Admission Test or another exam, candidates must take a written ability test or participate in a group discussion. Basic business-related subjects are inquired about in this round to assess a candidate's expertise.
  • PI: The personal interview round is used to assess the candidate's interpersonal abilities.

Note: To gain admission, the candidate must understand how to pass the GD-PI round. Most B-schools in India will hold their selection rounds between March and April.

Step 5: Payment of MBA Course Fees

All B-Schools compile a final list of candidates who have been shortlisted and qualified for the next step. The merit list is generally established on the basis of entrance exam scores, the candidate's academic profile, work experience (if any), gender diversity, and so on. Following final selection, candidates must attend the counselling phase, where fee payment guarantees a fixed seat at the B-School. MBA Retail Management course fees may differ from one college to the next.

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Popular MBA Retail Management Colleges in India

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Popular MBA Retail Management Colleges Abroad

Some of the world-class institutions where students and aspirants can pursue MBA Retail Management courses abroad or similar degree are given below:

Name of the University/CollegeLocation 
New York University United States 
Tulane UniversityUnited States 
University of CincinnatiUnited States 
University of North TexasUnited States 
Webster University United States 
Texas Tech UniversityUnited States 
University of Stirling United Kingdom 
Ulster University United Kingdom 
The University of ManchesterUnited Kingdom 
University of Bolton United Kingdom 
York University - Schulich School of BusinessCanada 
University of New BrunswickCanada 
The University of Adelaide (UoA)Australia 
Torrens University AustraliaAustralia 
International College of Management, Sydney - ICMSAustralia 
The University of QueenslandAustralia 
The University of MelbourneAustralia 
RMIT University (Royal Melbourne Institute of Technology University)Australia 
Aarhus UniversityDenmark 
Technische Hochschule Ingolstadt Germany 
Reims Management School (RMS) France 
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What is the MBA Retail Management Course Fee?

MBA in Retail Management course fees in India are determined by a variety of factors, including the type of university (whether public or private), the duration of the programme, location, course content, rating, reputation/goodwill, and more. The following chart represents the estimated yearly average fees for MBA Retail Management programmes at several of India's most prestigious institutes:

Name of the College/Institute Average Estimated Course Fees in INR
Administrative Management CollegeINR 60,000
Alagappa UniversityINR 40,000
Amity Business School (ABS) INR 6.80 Lakhs
BIMTECH - Birla Institute of Management TechnologyINR 11 Lakhs
BK Birla College of Arts Science and CommerceINR 57,000
ITM Business School, Navi MumbaiINR 10.95 Lakhs
Chetana's Institute of Management and ResearchINR 7.15 Lakhs
Central University of JammuINR 30,000
FDDI - Footwear Design and Development Institute INR 5.66 Lakhs
IGNOU - Indira Gandhi National Open UniversityINR 27,000
IIMS Pune - International Institute of Management StudiesINR 7.92 Lakhs
JIMS - Jagan Institute of Management StudiesINR 8.70 Lakhs
KJ Somaiya Institute of Management Studies and ResearchINR 13.69 Lakhs 
Prin L N Welingkar Institute of Management Development and ResearchINR 11 Lakhs 
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MBA Retail Management Course Syllabus

The MBA Retail Management course syllabus varies from one university to university. However, this course's general syllabus is as follows:

First Year

Semester 1Semester 2
Business EnvironmentFinancial Management
Managerial CommunicationHuman Resource Management
Organizational Behaviour Research Methodology for Management 
Quantitative Techniques for ManagementCorporate Communication
Managerial Economics Operations Management
Stock ManagementStore Credit Management

Second Year

Semester 3Semester 4
Fundamentals of Retail ManagementSupply Chain Management
Merchandise ManagementRetail Banking
Entrepreneurship in Retail BusinessE-Retailing
Strategic ManagementLogistics and Sales Promotion
Direct & Network Marketing Buyer Behavior
SeminarFinal Project/Dissertation 
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MBA Retail Management Scope in India – Career and Job Prospects

The scope of retail management is vast, and the employment opportunities for someone with an MBA in Retail Management are limitless. There are several work prospects in the retail sector, so one can pursue a variety of careers. As the population grows, so does the number of retail establishments. It has boosted the demand for qualified MBA graduates in the retail sector to manage and generate revenue from these stores. MBA in Retail Management graduates are in high demand in both the private and public sectors. Their tasks can be front-end, such as selling and marketing products or communicating with customers, or back-end, such as CRM (Customer Relationship Management), retail analytics, product development, and so on.

Furthermore, since the retail business is undergoing multiple big changes, earning an MBA in Retail Management will help you keep updated and tackle the obstacles that may occur as a result of such large developments. An MBA in Retail Management can significantly increase your work portfolio and help you stay competitive in the market.

Job Prospects 

The retail industry is diverse, allowing learners to pursue a variety of careers after completing the degree. You can choose from the following retail management jobs:

Job ProfileJob Description
Retail ManagerA retail manager's role is to guarantee that a store's everyday operations run smoothly. They ensure that everything is in working order and devise ways to maximise sales while minimising expenditures.
Store Manager A store manager's responsibilities include finding strategies to boost consumer traffic, growing the store chain, and increasing customer satisfaction.
Supply Chain Manager They are in charge of overseeing and strengthening a company's product supply chain. They make certain that products reach the market on schedule. They strive to reduce logistical expenses and improve the supply chain's efficiency and capability.
Brand Manager A brand manager is in charge of establishing market-building strategies for a company's brand. When a firm creates a new brand, its success is dependent on the brand manager's initiatives, often known as brand guardians or brand builders.
Product ManagerA product manager is an essential member of any company's core staff. He is involved in all stages of product development, from designing new items to bringing them into the market.
Merchandiser They are in charge of ensuring that products appear in the appropriate store or website and reach the market at the appropriate time and in sufficient quantities. They manage and plan stock levels, as well as collaborate with the supply chain manager.
Marketing Executive They research the market and create marketing plans based on customer wants. These techniques assist the company sell its products, ideas, or services more effectively.
Warehouse Manager They are in charge of storage and shipping. They play a crucial role in boosting supply chain efficiency. They ensure that goods are received or sent on schedule to achieve the company's goals.

Top Recruiters 

Many big companies run recruitment programmes to help you get a job easily. Here are some of the top recruiters in the retail sector:

ITC HotelsPhilips India
Reliance JioTaj Group of Hotels
Blue StarCanon
Havells LimitedHCL
GSK PharmaFuture Group
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What is MBA Retail Management Salary?

Graduates with an MBA in Retail Management may expect to earn between INR 3.5 lakhs and INR 9 lakhs per year, with the potential to earn between INR 10-18 lakhs per year. In general, different job classifications pay differently. Aspirants should be aware that this compensation is not fixed and may fluctuate depending on several factors. A graduate's pay is affected by criteria such as designation, education level, experience, and location. The following table displays the average starting salary for MBA Retail Management graduates in India:

Job ProfileAverage Annual Salary in INR 
Retail ManagerINR 5-10 lakhs 
Store Manager INR 4-9 lakhs 
Supply Chain Manager INR 6-15 lakhs 
Brand Manager INR 5-12 lakhs 
Product ManagerINR 6-15 lakhs 
Merchandiser INR 3.5-8 lakhs 
Marketing Executive INR 3-12 lakhs 
Warehouse Manager INR 4-11 lakhs 
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Skills Required for MBA Retail Management Course

As previously stated, earning an MBA degree with a specialisation in Retail Management can help you improve your talents and teach you new approaches required to establish yourself in the retail business.

  • Business Awareness: An MBA programme will keep you awake and motivated to stay current with various new business approaches.
  • Interpersonal Skills: To sell products, you must be able to promote yourself and the firm in front of investors or clients, which requires solid communication skills, which can be acquired after completing an MBA in Retail Management.
  • Selling Skills: The most fundamental yet crucial skill you will learn after earning an MBA in Retail Management is selling skills. It will teach you sales techniques that will assist you in selling items and services.
  • Numeracy: Anyone who wants to run a business must be able to work with numbers. When discussing the function of a retail manager, they must be able to manipulate figures to benefit the firm for which they work, and an MBA in Retail Management provides them with these essential skills.
  • Cultural Awareness: When you enter the retail business, you learn about how various cultures influence the retail sector. To gain an advantage, one must be culturally conscious, which may be learnt when one can read and understand the market. It is a sophisticated ability that you will learn after completing an MBA programme.
  • Time Management Skills: An MBA programme will also assist you in developing time management and communication skills. Timing your strategies is a crucial skill required for any kind of management, be it a small-sized store or a big business which can be mastered through this programme.
  • Customer Service: A retail manager's major responsibility is to handle clients and provide them with outstanding service. Good customer service abilities are required to succeed in this competitive environment and can be gained through an MBA in Retail Management.
  • Multitasking: As a retail manager, you must manage numerous tasks at the same time, such as drafting new retail regulations while working on a presentation or adopting methods to improve client traffic while working on a company project. Multitasking skills can be honed through project-based training and instruction in an MBA programme.
  • Team Management: A retail manager is a core team member of any retail organisation, which means they must coordinate with the rest of the team to ensure the company runs smoothly. An MBA in Retail Management programme might help you develop a sense of cooperation. Working in a team will help you become a better team leader, and team management abilities will be useful in your professional career. 
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FAQs about MBA Retail

What is the course of MBA in Retail Management about?

MBA in Retail Management teach candidates about sale and retail marketing strategies that help in expanding the business of an organisation while also strengthening the relationship with consumers. The programme covers various methods that help in improving the sales of an organisation and it also teaches the candidates about international retailing and network marketing.

What is the qualification level of an MBA Retail Management?

The qualification level for MBA in Retail Management is postgraduation. The students who complete the course are considered postgraduates with a master’s degree in the management field. The degree and qualification are highly regarded and respected among the real market and industries.

What is the duration of the MBA in Retail Management programmes?

The duration of the course of the MBA in Retail Management programme is two years. This is the traditional course duration, as nowadays varying universities and colleges are offering one-year MBA Retail Management programmes as well. The actual duration is of 15 months, a little over one year. The last three to four months are dedicated to practical experience or project work.

How much is the course fee for MBA Retail Management programmes?

The average course fee for MBA in Retail Management is around INR 4,00,000-8,00,000 per annum. You can apply for government colleges, which offer affordable education. They however have limited seats, each of which is subjected to heavy competition. While it is comparatively easier to get admission to private colleges, their fees are quite high to easily afford.

Can I apply for admission to MBA Retail Management programmes after class 12?

No, you cannot apply for admission to MBA in Retail Management programmes after class 12th. It is a postgraduate course in a master’s degree and you must be a graduate to be eligible for the programme. Graduates are the students who hold a bachelor’s degree designed for undergraduate students.

What are the eligibility criteria for MBA in Retail Management?

The eligibility criteria for MBA in Retail Management state that the candidate should have a bachelor's degree in any stream from a recognised university or college and the aggregate marks scored at the UG level should not be less than 50%. Additionally, students also need to submit the entrance exam scores accepted by the respective college to get an invitation for further admissions process of management and MBA courses.

What are the top entrance exams for MBA Retail Management admission?

The top entrance exams for MBA Retail Management admission are those designed for admission to management and business courses. Since the degree is a postgraduate qualification, the exams are also mostly aptitude tests designed for selection to postgraduate courses. Some of the most popular management entrance exams for MBA in Retail Management programmes are CAT, MAT, XAT, CMAT, NMAT, GMAT, etc.

Which job roles are offered to graduates with a degree in MBA Retail Management?

The job roles offered to graduates with a degree in MBA Retail Management are Sales Manager, Product Manager, Merchandiser, Marketing Executive, Sales Executive, Store Manager, etc. The job profiles are not limited to the mentioned roles. The roles may vary, but the responsibilities dictate whether the graduate can apply for the same. As long as responsibilities fall under the functions of retail management, graduates can apply for the same.

What is the starting salary offered after MBA in Retail Management?

The starting salary offered after MBA in Retail Management is dependent upon varying factors, including the college from where you complete your degree, your final aggregate in the course, your additional achievements, etc. The starting salary offered after MBA in Retail Management is somewhere between INR 7,00,000-12,00,000 per annum.

How are candidates selected for MBA in Retail Management?

The candidates are selected for MBA in Retail Management based on a three-step admissions process, which is common for all MBA specialisations. Students need to satisfy entrance exam cut-off scores, then appear for the group discussions organised by the applied college, and finally clear a personal interview process.

What is MBA Retail Management?

MBA Retail Management is one of the specialisations of MBA courses. It deals with ensuring that products and services could be delivered to the intended consumers. This involves the suppliers and distribution setup, transportation, and various allied services and setups related to retail. The students are taught how to ensure the smooth running of retail operations and channels.

Are there online courses available for MBA Retail Management?

Yes, as with all MBA courses, online courses are available for MBA Retail Management. Although distance learning is one of the most popular ways to gain a degree nowadays, students are strongly advised to opt for on-campus courses. In case they wish to continue with their ongoing course in life, then part-time courses can be a good option.

Is MBA Retail Management a good course?

Yes, MBA in Retail Management is a good course for those who want to amass tons of experience and build a strong personal profile. The career route shall help the students to cave their way into higher management and get involved in strategic decision-making and revolutionalising the methods of service.

What is the scope of higher education after graduating with an MBA in Retail Management degree?

The scope of higher education after graduating with an MBA in Retail Management degree is vast. Students can pursue any postgraduate full-time, short-time, and doctorate degrees. Though certain fields might be restricted for entry, such as medicine and engineering, however, some routes could be taken to pursue degrees and qualifications in any field, obviously including management and business administration.

Can I apply for MBA Retail Management courses to study abroad?

Yes, you can apply for MBA Retail Management courses to study abroad. As retail management involves delivering products and services to customers, all types of organisations have a department overseeing the relevant operations. The application and relevance of the course make it a profitable course, even to study abroad.

Which are the best foreign universities for MBA Retail Management to study abroad?

The best foreign universities for MBA Retail Management study abroad are Cornell University (USA), London School of Business (UK), Copenhagen Business School (Denmark), University of Montreal (Canada), Australian National University (Australia), LMU Munich (Germany), Insead (France), Iese Business School (Spain), and University of Oxford (UK).

Which are the top foreign recruiters of MBA Retail Management graduates?

The top foreign recruiters of MBA Retail Management graduates are the companies that manage retail outlets for their products and services. Some of the biggest companies that have a wide scope of operations for retail management include Starbucks, Walmart, Amazon,  Costco, Target, Louis Vuitton, Gap, Dell Technologies, DeBeers, and Barnes and Noble.

Which are the best countries for MBA Retail Management study abroad?

The best countries for MBA Retail Management study abroad are the UK, USA, France, Germany, Australia, New Zealand, Denmark, Canada, Singapore, United Arab Emirates (UAE), Japan, Netherlands, etc. These countries have the best b-schools which offer a wide range of MBA specialisations, including programmes in MBA in Retail Management.

What is the average course fee for an MBA in Retail Management study abroad?

The average course fee for an MBA in Retail Management study abroad ranges from INR 22,00,000-45,00,000 annually. Apart from high course fees, foreign studies are known to levy other financial burdens as well, such as visa, travelling, and living expenses. The overall expenses in the preliminary year can mount up to INR 70,00,000-98,00,00.

Are there any specialisations relevant to MBA Retail Management courses?

There are varying specialisations in MBA which are relevant to MBA Retail Management courses. The graduates of these specialisations work closely with retail personnel, including managers, in real industry. The most relevant MBA specialisations include marketing, international business, supply chain management, data sciences, strategic management, and financial management.

What is the average salary for MBA Retail Management graduates?

The average salary for MBA Retail Management graduates ranges from INR 7,00,000-25,00,000. While graduates may find it challenging to find jobs in higher ranges of remuneration, they will find it easier to grow and negotiate better salaries over time in their jobs. They can elevate their initial income by up to 200% within a span of three to five years.

Can I work in the medical sector after graduating with an MBA in Retail Management degree?

Yes, you can work in the medical sector after graduating with an MBA in Retail Management degree. Even in the medical sector pharmaceutical companies, the connecting agents, and even the hospital branches require retail management professionals to ensure proper functioning. Additionally, there are varying government jobs also available, due to the sector being public and social welfare-oriented.

Does IGNOU offers MBA Retail Management programmes?

Yes, IGNOU offers MBA Retail Management programmes. Indira Gandhi National Open University is popular and famous for the varying types of distance learning courses. They are quite helpful to students who wish to gain higher education but are held back due to certain circumstances. Among the various MBA programmes, MBA in Retail Management is also one.

Which are the best colleges in India for MBA Retail Management programmes?

The best colleges in India for MBA Retail Management programmes are the Indian School of Business, Indian Institute of Management (multiple branches), Delhi University, Narsee Monjee Institute of Management Studies, Jaipur National University, Amity University, University of Mumbai, University of Calcutta, D Y Patil Institute of Management, and Lovely Professional University.

What does project work involves in an MBA Retail Management programme?

The project work included in the MBA Retail Management syllabus involves research work and presentation of the same by using course study knowledge and skills to research an organisational circumstance. This organisation could be hypothetical or real, and the situation as well could be hypothetical or real. Students need to develop strategies and the execution framework for the same in the given circumstances and back them with reliable, rational, and logical outcomes.

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Related Questions

I want to choose the right MBA college
-Natasha -Updated on Sept-04-202315 Answers

rubina, Student / Alumni

LPU is the best private university.Mittal school of business is one of the best B school in India.The university offers various scholarship on the basis of your previous qualification and for more information you may visit to the official website of LPU.

ankita, Student / Alumni

In LPU students can opt two specialisation course. So, students can opt any two specialization from almost 24 or options. It is two year, program, in which first year is regular and in second year you can opt specialisation.

riya, Student / Alumni

Let me tell you the eligibility criteria is of MBA here in LPU the applicant need to pass with 55% marks ( any graduation and english is compulsory ) the entrance test of the university that is LPUNEST or CAT, MAT, XAT, MMAT. CMAT plus interview.

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