MBA Retail Management Admission 2023: MBA Retail Management is a two-year postgraduate degree program consisting of four semesters-based exams. This course gives knowledge to students about key managerial skills required for retail management. This degree is obtained after completing a bachelor’s degree with 50% marks. It is a branch of Sales and Marketing degrees. This is a specialization degree for marketing professionals. Many universities offer MBA Retail Management Admission.
- Full-Form: Master of Business Administration in Retail Management
- Selection Process: Merit/Entrance Exam
- Eligibility: Graduation with a minimum of 50% from a recognized university.
- Top Recruiting Organizations: IBM, Infosys, Wipro, Accenture, etc.
- Top Colleges: NMIMS, Birla Institute of Management Technology, NIMS University, etc.
- Top Recruiting Areas: Banking Institutes, Educational Institutes, Healthcare Industry, Retail Operations, and many more.
- Top Job Profiles: Retail Executive, Advertising Manager, Administrative Officer, Regional Manager, and Sales Manager, among others.
MBA Retail Management Admission Highlights
| Course Name | MBA in Retail Management |
| Duration | 2 years |
| Eligibility | Graduation with at least 50% and clearance of national-level management tests like CAT/MAT/CMAT/XAT/GMAT with above 80 percentile. |
| Approved BY | UGC |
| Expected fee | INR 2 lakhs to 4 lakhs |
| Average Salary Offered | INR 3 Lakhs to 8 Lakhs/annum |
| Key Skills Required | Communication skills, creativity, management skills, stress management, confidence |
| Level -Degree/Diploma | Post-graduate Degree |
MBA Retail Management Admission 2023
MBA in Retail Management is a 2-year PG-level degree in management. The course focuses on providing highly skilled professionals in the field of Retail Management.
Retail Management deals with the exchange of things/goods between buyer and seller with proper administration. This program is a steam of management discipline that contains all theories and concepts related to retail Management. MBA RM Syllabus contains basic management principles, marketing management, buyer behavior, international retailing, logistics promotion, retail planning, strategic management, Business Ethics, Business Environment, etc.
MBA Retail Management admission is offered in various institutes across India. BU Coimbatore and DYPSM Mumbai are prominent institutes for this MBA course.
Eligibility for MBA Retail Management Admission
- Students seeking MBA Retail Management admissions must have a graduation degree with min 50% marks score.
- BBA/BA in Retail Management is suitable for this MBA RM course’s admissions.
- Enrollments in MBA Retail Management are given on a direct/entrance basis.
- CAT and GMAT are popular entrance exams for this management course.
Fee Structure of MBA Retail Management Admission
- Average Academic fees charged for the MBA-RM course is ranging between Rs 2 lakhs to 4 lakhs depending upon the university.
MBA Retail Management Admission Process 2023
The Admission to the course is purely merit-based. The universities require good marks for attaining students. So, everything depends on the marks of the students. It can be direct or through an entrance test. The quota system is also present. The Student must have an undergraduate degree. They must have a 50% aggregate. There is an exemption for reserved students.
After passing the entrance test, a group discussion is done. Students also go through personal interviews. These are to check the caliber of the student.
The course is a management degree. Thus, those with managerial interests should opt. The trade of the world is its developing aspect. The growing trade grows business. Due to this, all businesses and economies rely on trade. Experts that manage trade are thus, needed everywhere. They are praised as their skills help other sectors also.
What is MBA Retail Management?
The course covers all areas of retailing. Retailing is the exchange of goods or services on a limited scale. This course is a study of this sort of trade. The strategies and ways used are taught. These ways would benefit the business the most.
The purpose of the study is to help retail businesses grow and run properly. The course teaches basic management concepts as well. Along with detailed retail topics. Both of these concepts are highly crucial in the world today. That’s why this is high in demand degree.
To be eligible for admission in this course, one must:
- Be a Bachelor’s degree holder from any field.
- They must have at least 50-55% aggregate
- They must pass the necessary entrance test.
- They must pass the group discussion and the personal interview
MBA Retail Management Admission Career Prospects
Retailing business does very well in India. Thus, they generate great jobs. These expert Retail practitioners are needed in all retail places. They are recruited by Malls, Firms, Businesses, etc. They may also have a chance in Markets, Supply Chains, Trading firms, etc.
People who aspire to work in the trade sector are ideal for this course. Such professionals are employed by ITC Retail, Colleges, Spencer, AB Group, and TATA. After obtaining an MBA degree in Retail Management, one continues on to study for a Ph.D. in Retail Management.
Salary Offered
The average annual salary offered to the Retail Manager is between 5 to 17 Lac per year. Jobs offered to Retail Management professionals are Floor Manager, Store Manager, Retail Manager, Marketing Executive, Shopping Operational Manager, Visual Merchandiser, etc.
MBA Retail Management Admission Syllabus
| Year I | Year II |
| Principles of Management and Organisational Behaviour | Buyer Behavior |
| Managerial Economics | Retail operations management |
| Accounting and Finance for Managers | International Retailing |
| Marketing Management | Retail planning |
| Human Resource Management | Logistics and sales promotion |
| Quantitative Techniques for Management | Retail sales techniques and Promotion |
| Research Methods for Management | Direct & Network Marketing |
| Corporate Communication | Business Environment and Ethics |
| Operations Management | Strategic Management |
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