Online Masters in Retail Management

The online MBA in Retail Management is a post-graduation course spread over two years, which imparts the basic knowledge and skills in retail management. The course covers a vast gamut of topics, starting from the retail marketing environment and rural retailing to retail entrepreneurship and international retailing. By the end of the course, students evolve into industry-ready individuals for fields such as electronics, food & drink, high-end goods and fashion, among others. This is the reason why online MBA in this specialisation is in high demand.

Online Masters in Retail Management

The online MBA in Retail Management is a post-graduation course spread over two years, which imparts the basic knowledge and skills in retail management. The course covers a vast gamut of topics, starting from the retail marketing environment and rural retailing to retail entrepreneurship and international retailing. By the end of the course, students evolve into industry-ready individuals for fields such as electronics, food & drink, high-end goods and fashion, among others. This is the reason why online MBA in this specialisation is in high demand.

Highlights of Online MBA in Retail Management

This course has the following highlights.

It makes students eligible for a wide range of job openings. As per a study, in the next 5 to 7 years, India will witness 45 million new openings in the Service industry. This is one of the noteworthy benefits of online MBA in Retail mgmt.

It develops an attitude that has an easygoing outlook with dedication to customer care and service.

This course ensures that students develop an ability to add real value to their organisation’s business by going extra miles to attain customer satisfaction.

The course generates retail professionals who have patience, people skills, effective communication skills and an extrovert personality.

Reasons to do Online MBA in Retail Management

Graduates:

Have the ambition to work in leadership positions in the business development section of retail organisations.
Have a proven ability to come up with profitable business decisions after thorough analysis of data, which is a mandatory for retail management.

Working professionals:

Have some work experience in retail management but are in need of a robust degree to be eligible for promotions.
Have the innate ability to come up with creative methods to entice consumers and hence want to enter the Retail industry.

Reasons to do Online MBA in Retail Management

Graduates:

Have the ambition to work in leadership positions in the business development section of retail organisations.
Have a proven ability to come up with profitable business decisions after thorough analysis of data, which is a mandatory for retail management.

Working professionals:

Have some work experience in retail management but are in need of a robust degree to be eligible for promotions.
Have the innate ability to come up with creative methods to entice consumers and hence want to enter the Retail industry.

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Confused to choose? Get a free career counselling

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Who Should do a Online MBA in Retail Management ?

Graduates who:

Have a liking for customer service.
Are enticed towards merchandising and different techniques of sales.

Working professionals who:

Are good at customer relationship management and their current profile doesn’t have many opportunities to use this skill.
Are interested to work in the E-commerce domain but currently are in a different domain.

Eligibility Criteria for MBA in Retail

After students complete their graduation from a recognised university, they become eligible to apply for this course, irrespective of their discipline of graduation. But, they should have scored at least 50 percent marks in the final year of graduation. This number is for the Open category students. In the case of the Reserved category, this number is 45.

Online institutes might use their discretion and state that students must have appeared for MBA entrance examinations, such as the following:

Xavier Aptitude Test (XAT)
Association of Indian Management Schools (AIMS)Test for Management Admission (ATMA)
Common Admission Test (CAT)
Common Management Admission Test (CMAT)
Management Aptitude Test (MAT)
Common Entrance Test (CET)
The MBA entrance test conducted by the specific college or university

Eligibility Criteria for MBA in Retail

After students complete their graduation from a recognised university, they become eligible to apply for this course, irrespective of their discipline of graduation. But, they should have scored at least 50 percent marks in the final year of graduation. This number is for the Open category students. In the case of the Reserved category, this number is 45.

Online institutes might use their discretion and state that students must have appeared for MBA entrance examinations, such as the following:

Xavier Aptitude Test (XAT)
Association of Indian Management Schools (AIMS)Test for Management Admission (ATMA)
Common Admission Test (CAT)
Common Management Admission Test (CMAT)
Management Aptitude Test (MAT)
Common Entrance Test (CET)
The MBA entrance test conducted by the specific college or university

How to Apply and Get Admission for Online MBA Retail Management Colleges?

The process of application to this course is the following:

Open the website of the online institute.
Go to the Registration form.
Register yourself along with a username and a password.
Log on to the website using your credentials.
Go to the Application form.
Enter all details that are essential, such as personal, educational and professional.
Upload the documents that are essential for proof of the details.
Transfer the application fee.
Submit the Application form.

Fees for the Best Executive MBA in Retail Management Colleges

Some best online MBA colleges charge the following fees for this course (the colleges are in increasing order of fees).

Indira Gandhi National Open University (30,000 to 40,000 INR)

Annamalai University Online (50,000 to 80,000 INR)

Institute of Chartered Financial Analysts of India University (60,000 to 80,000 INR)

Symbiosis Centre for Distance Learning (75,000 to 1,00,000 INR)

Welingkar Institute of Management (1,01,000 INR)

Narsee Monjee Institute of Management Studies (1,00,000 to 1,50,000 INR)

Manipal Online University (1,66,000 INR)

Dr. D. Y. Patil Vidyapeeth (1,70,000 INR)

Amity University Online (1,50,000 to 2,00,000 INR)

The Curriculum Online MBA in Retail Management

The course is divided into four semesters and subjects are allocated to each semester. If you view the syllabus of MBA in Retail Management IGNOU or any other institute, there could be some variation in the allocation:

Semester 1:

Information Systems for Managers
Financial Accounting & Analysis
Business Economics
Marketing Management
Organisational Behaviour
Management Theory & Practice

Semester 2:

Decision Science
Operations Management
Strategic Management
Business Law
Essentials of HRM
Business Communication

Semester 3:

Retail Store Operation & Inventory Management
Sales Management
Merchandising Management
Consumer Behaviour
Introduction to Retail

Semester 4:

Business: Ethics, Governance & Risk
Marketing Research
International Logistics & Supply Chain Management
Global Retailing
Research Methodology
Project

Top Colleges Conducting Online MBA Retail Management

The following are some best colleges executing this course.

ICFAI University

Annamalai University Online

Indira Gandhi National Open University

Symbiosis Centre for Distance Learning

Amity University Online

Narsee Monjee Institute of Management Studies

Manipal Online University

Dr. D. Y. Patil University Online

Welingkar Institute of Management

Placement Opportunities & Salary Range of Executive MBA Retail Management

After completing this post-graduation, pass-outs can be placed in the following positions (the average salaries of these posts are after the designations in an increasing order:

Marketing Executive: 2,00,000 to 5,00,000 INR
Department Manager: 3,00,000 to 5,00,000 INR
Store Manager: 3,00,000 to 5,00,000 INR
Merchandiser: 7,00,000 INR
Marketing Manager: 7,00,000 to 8,00,000 INR
Sales Manager: 7,00,000 to 10,00,000 INR
Brand Manager: 9,00,000 to 10,00,000 INR
Retail Manager: 10,00,000 to 12,00,000 INR
Senior Operations Manager: 12,00,000 INR

Get Career Counselling & Assistance from SimpliDistance for Online MBA Retail Management

SimpliDistance shoulders all the burden of providing you a 360-degree view of all the course opportunities that exist at the moment for each counsellee. You can completely rely on our guidance and leverage the information shared by our counsellors to converge on one particular course that will fulfill your career ambitions.

Get Free Consultation

Get Career Counselling & Assistance from SimpliDistance for Online MBA Retail Management

SimpliDistance shoulders all the burden of providing you a 360-degree view of all the course opportunities that exist at the moment for each counsellee. You can completely rely on our guidance and leverage the information shared by our counsellors to converge on one particular course that will fulfill your career ambitions.

Get Free Consultation

Frequently Asked Questions

Every Indian shopper aims to experience pleasant and enjoyable shopping in shopping centres, multiplexes and malls. After the liberalisation era, such centres have been increasing at a quick pace. The consequence is that the Retail industry is a rapidly expanding industry. This course churns out students who get job satisfaction by offering a worthwhile shopping experience to all consumers.

Individuals must assess whether they have a natural bent towards learning market research, campaigning, advertising, sales, marketing and merchandise. Their interest in these areas is an assurance of a successful career in the Retail industry.

In the present scenario, even the Tier-2 and Tier-3 cities in India have a rising number of supermarkets, fast-food chains and shopping malls, among other retail outlets. The scope for retailing is not restricted to the preceding opportunities. The scope has made inroads in spa and wellness centres, luxury stores, restaurants, fast-moving consumer goods (FMCG), healthcare, insurance, banking and automobile. In a nutshell, it is extrapolated that the job opportunities for this course will skyrocket in the years to come.

Giant organisations such as DMart, Big Bazaar, Star Bazaar and Reliance; shoe makers such as Metro, Bata and Regal; and apparel businesses such as Pantaloons and Westside are some noteworthy companies that offer excellent career options for such students.

Frequently Asked Questions

Every Indian shopper aims to experience pleasant and enjoyable shopping in shopping centres, multiplexes and malls. After the liberalisation era, such centres have been increasing at a quick pace. The consequence is that the Retail industry is a rapidly expanding industry. This course churns out students who get job satisfaction by offering a worthwhile shopping experience to all consumers.

Individuals must assess whether they have a natural bent towards learning market research, campaigning, advertising, sales, marketing and merchandise. Their interest in these areas is an assurance of a successful career in the Retail industry.

In the present scenario, even the Tier-2 and Tier-3 cities in India have a rising number of supermarkets, fast-food chains and shopping malls, among other retail outlets. The scope for retailing is not restricted to the preceding opportunities. The scope has made inroads in spa and wellness centres, luxury stores, restaurants, fast-moving consumer goods (FMCG), healthcare, insurance, banking and automobile. In a nutshell, it is extrapolated that the job opportunities for this course will skyrocket in the years to come.

Giant organisations such as DMart, Big Bazaar, Star Bazaar and Reliance; shoe makers such as Metro, Bata and Regal; and apparel businesses such as Pantaloons and Westside are some noteworthy companies that offer excellent career options for such students.

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Online Masters in Retail Management