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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 managementMarketing informationFinance managementAccounting in retailElectronic retailingMerchandise managementMarketing and business communicationSales promotion with public relationInventory managementCustomer relationshipBusiness ethicsRetail brand managementBusiness communicationPsychology of retail shoppersManagement and organizational behaviorQuantitative methods in retailing
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