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MBA Retail Management: Course, Syllabus, Top Colleges, Fees, Admission, Scope, Salary

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MBA Retail Management: Course, Syllabus, Top Colleges, Fees, Admission, Scope, Salary

Edited By Moksh Dheri | Updated on Nov 11, 2023 01:27 PM IST

What is an MBA in Retail Management course?

MBA in Retail Management or Master of Business Administration in Retail Management is a two-year course at the postgraduate level. MBA in Retail Management course provides advanced knowledge in the field of retail management. It provides the skills to oversee the distribution and selling of various products directly to consumers. The students are taught various principles related to the operations of retail which include buying, inventory control, financing, marketing and related operations. The MBA in Retail Management syllabus consists of a wide range of subjects, such as Principles of Retailing, Franchising in Retailing, Retail Selling, Consumer Behaviour, Operations Management, and Retail Management Strategy.

Students aspiring to make a career in retail management must meet the eligibility criteria specified by their preferred institution. They are required to appear for relevant entrance examinations and meet the cutoff specified by the institution. Completing an MBA in Retail Management course opens up a plethora of career opportunities for students including Retail Manager, Brand Manager, Brand Manager, Department Manager, Store Manager, Product Manager and Warehouse Manager.

Highlights - MBA in Retail Management

Particulars

Values

Degree Name

MBA Retail Management

Degree Type

Postgraduate

Degree Duration

2 years

Entrance Exam

CAT, XAT, MAT, CMAT, SNAP

Admission Process

Entrance Exam

Fees for the Entire Duration

Rs 54,040- Rs 6.80 Lakhs

Average Salary

Rs 5.6 LPA (for Retail Manager)

Job Profiles

Retail Manager, Brand Manager, Store Manager, Department Manager, Product Manager.

Top Recruiters

Westside, Pantaloons, Reliance, Big Bazaar, Bata, Globus

MBA Retail Management Eligibility Criteria

The eligibility criteria for an MBA in Retail Management is defined as the minimum requirements that the candidate has to meet in order to get admission to their preferred institute. The eligibility criteria is different for every institute but there are some common requirements required by every institution. Students are advised to check the eligibility criteria of their chosen institution by visiting the official website of the institute or by looking at the programme brochure available for download on the website.

  • Candidates must have a Bachelor’s degree in any discipline or be in the final year of graduation from a recognized university in India. They must score a minimum aggregate of 50 per cent to be eligible for admission.

  • They must appear for relevant MBA entrance exams such as the CAT, XAT, CMAT, and SNAP and achieve a relevant score.

  • Applicants must meet the cutoff which is specified by the institute and varies from one exam to another.

  • Some colleges focus more on a candidate's merit score while others focus more on the overall profile and resume of the applicant. They also prefer work experience of at least one year before applying for admission.

Popular Management Colleges in India

MBA Retail Management Admission Procedure

The admission procedure for MBA Retail Management varies depending on the institution, but it remains more or less the same. Some of the MBA Retail Management colleges prefer the overall merit score and performance in past academics while others focus on the overall profile of the candidate. The admission process for MBA Retail Management consists of an entrance examination followed by Group Discussion and Personal Interview sessions to select the most suitable candidate.

  • Candidates must appear for relevant MBA entrance examinations including CAT, XAT, MAT, CMAT, and SNAP and score a valid percentage. They are also required to meet the cutoff specified by the institute.

  • Students who have successfully cleared the entrance examination and met the cutoff are required to apply for admission to their preferred institute.

  • The admission process is then followed by GD-PI rounds to select suitable candidates.

  • Candidates who are shortlisted are required to submit the course fees along with the required documents required by the institute to conclude the admission process.

Top MBA Retail Management Entrance Exams

CAT: CAT also known as the Common Admission Test is a national-level MBA entrance examination. It is an online exam of two hours duration. It is one of the most popular MBA entrance exams in India and is accepted by almost all B-schools in India.


XAT: XAT or Xavier Aptitude Test is another prestigious national-level MBA entrance exam conducted by XLRI Jamshedpur. The exam is conducted in online mode and is three hours long.


MAT: Management Aptitude Test popularly known as MAT is conducted both in online and offline mode and conducted four times a year.


SNAP: Symbiosis National Aptitude Test also known as SNAP is conducted by Symbiosis University. The university has 16 colleges and conducts the SNAP exam every year for admission to its MBA programme.


Cutoff for Top Colleges

MBA Retail Management cutoff is a set of criteria that candidates have to meet in order to be eligible for admission to their preferred college. The cutoff varies depending on the entrance examination and the overall status of the college. Candidates are advised to meet the eligibility criteria of their preferred college to be eligible for admission to MBA Retail Management.

MBA Retail Management Skills Required

Retail Management like every other field requires certain skill sets in order to excel in the future. In the table below, we have listed some of the most important skills required by candidates wishing to pursue an MBA in Retail Management course.

Time Management Skills

Leadership Skills

Analytical Skills

Hard-work

Communication Skills

Teamwork

MBA Retail Management Subjects/ Syllabus

The syllabus for an MBA in Retail Management varies from one college to another, but it remains largely the same. In the table below we have mentioned the MBA Retail Management subjects offered by Amity Business School, Noida.

Semester- I

Principles of Retailing

Entrepreneurship

Organisational Behaviour

Entrepreneurship and New Venture Creation

Accounting for Managers

Applications of Disruptive Technologies in Business

Managerial Economics

Marketing Management

Organisational Behaviour

Statistics for Management

Professional and Business Communication

Foreign Business Language

Open Elective Courses

Outdoor Activity-Based Courses

Semester- II

Franchising in Retailing

Retail Selling

Shoppers Behaviour

Business Analytics and Modelling

Consumer Behaviour

Financial Management

Human Resource Management

Legal Aspects of Business

Operations Management

Country Report

Global Leadership

Strategy, Innovation and Entrepreneurial Development

Cognitive Analytics and Social Skills

Foreign Business Language

Open Elective Courses

Outdoor Activity-Based Courses

Semester- III

Summer Internship

Bottom of Pyramid Marketing

Digital Marketing

Industrial Marketing

Marketing Analytics

Marketing Channel Management

Marketing of Healthcare Services

Marketing of Retail Services

Merchandising and Category Management

Product and Brand Management

Retail Store Operations

Retail Supply Chain Management

Sourcing and Vendor Management

Technology in Retailing

Visual Merchandising and Space Planning

Business-to-Business Marketing

Product and Brand Management

Retail Marketing Strategy

Services Marketing: Integrating People, Technology, Strategy

Strategic Management

Country Report

Globalisation and Changing Business Environment

Strategic Information Technology Management and Solutions

Professional Ethics and Social Responsibility for Sustainability

Foreign Business Language

Open Elective Courses

Outdoor Activity-Based Courses

-

Semester- IV

Dissertation

Advertising and Sales Promotion

Customer Relationship Management

E- retailing

International Retailing

International Strategic Marketing

Luxury Retail

Mail Management

Marketing of Financial Services

Marketing Strategies

Retail Branding and CRM

Rural Retail

Social Marketing

Management in Action

Country Report

Country Report- I

Global Leadership

Strategy Innovation and Entrepreneurial Development

Foreign Business Language

Open Elective Courses

MBA Retail Management Engineering Fees

The fees of MBA Retail Management vary depending on the type of institution whether the institute is private or public. Candidates are advised to check the fees of the course by visiting the official website of the institute. The average fees of an MBA Retail Management course ranges from Rs 54,040 to Rs 6.80 Lakhs.

MBA Retail Management Scope

The Retail Industry is growing rapidly and is expected to grow more in the coming years due to an increase in e-commerce and advancements in the retail industry. Retail Management also contributes substantially to the world’s economy. Students after completing an MBA in Retail Management course can join various fields such as Retail Manager, Supply Chain, Merchandising, E-Commerce, Business Development. Retail Industry.

Career Options after MBA in Retail Management

MBA in Retail Management offers lucrative career opportunities to graduates in the field of Retail Management. Mentioned below are some of the most popular career options chosen by the candidates after completing MBA in Retail Management.

Retail Manager: Retail Managers play an important role in managing the staff and operations in a store, showroom or supermarket. They are responsible for managing the business and supervising daily the retail outlets, including the sales, inventory and management of the resources.

Supply Chain Manager: Supply Chain managers are responsible for overseeing the supply chain at every level. They play an important role in planning and executing the steps on how to purchase the raw materials and manage its distribution to various units of the business. They ensure that the production unit is producing enough to meet customer demands by minimising the cost and maximising efficiency.

Business Development Manager: Business Development Managers assist the business to grow. They find new clients and maintain professional relationships with existing and potential clients. They find new leads and arrange meetings to convert the leads and generate revenue for the company.

Benefits of Studying MBA Retail Management

Studying an MBA in Retail Management offers many benefits for the individual. Since Retail Managers perform many tasks in a day and interact with upper management, they are able to schedule their day effectively and learn time-management which is a very important skill nowadays. They interact with many clients and superiors on a daily basis which improve their overall communication skills. MBA in Retail Management graduates can work in various disciplines including Malls, Shops, E-Commerce making the field very diverse.

Students also liked

Top Recruiters

Westside

Reliance

Pantaloons

Big Bazaar

Globus

BATA

MBA Retail Management Salary in India

The expected salary after graduating from an MBA Retail Management course depends on many factors including job profile, location of the job, experience of the person and status of the company. In the table below we have mentioned the salaries of some of the most popular career options chosen by the graduates after completing the course.

Job Profiles

Salary

Retail Manager

Rs 5.6 LPA

Supply Chain Manager

Rs 13.6 LPA

Business Development Manager

Rs 7 LPA

List of Top MBA Retail Management Colleges in India

MBA Retail Management course is offered by many institutions across India. Admissions to the colleges are based on the percentage scored by the candidates in the entrance exams and performance in the GD+PI rounds conducted by the B-Schools. In the following table, we have mentioned the top colleges in India offering MBA Retail Management courses.

List of Top Private MBA Retail Management Colleges in India

In India, there are many private colleges and universities offering MBA Retail Management courses. In the table below we have mentioned the top private colleges offering MBA Retail Management courses.

List of Top Government MBA Retail Management Colleges in India

Many government colleges offer MBA in Retail Management courses. They are a lot more affordable as compared to private colleges. In the table below we have mentioned top government colleges offering MBA Retail Management courses in India.

Frequently Asked Question (FAQs)

1. What is an MBA in Retail Management?

MBA in Retail Management is a two-year postgraduate degree programme in the field of management. The MBA in Retail Management course consists of many subjects including Principles of Retailing, Franchising in Retailing, Retail Selling, Consumer Behaviour, Operations Management, Retail Management Strategy.

2. What is the syllabus for MBA Retail Management?

While the syllabus of MBA Retail Management varies from one college to another, it stays more or less the same. Some of the subjects in the MBA in Retail Management curriculum are Principles of Retailing, Franchising in Retailing, Retail Selling, Consumer Behaviour, Operations Management, Retail Management Strategy.

3. What are the eligibility criteria for MBA Retail Management?

The eligibility criteria for MBA in Retail Management vary depending on one college to another. Applicants need to have a Bachelor’s degree in any discipline from a relevant institution. They need to appear for an MBA entrance examination such as CAT, XAT, MAT, SNAP or others and score a valid percentage. They must meet the cutoff specified by the institute.

4. What is the admission process for MBA Retail Management?

The admission process for MBA in Retail Management depends on the institute but it generally follows three stages. Entrance Examination, Group Discussion and Personal Interview. 

5. What are the top colleges offering MBA in Retail Management courses?

The top colleges offering MBA in Retail Management are Amity Business School, Noida, FDDI Noida, SVPISTM Coimbatore, AKS University, Satna and JECRC University, Jaipur.

6. What are the top skill sets aspirants must require for MBA Retail Management?

The top skills that candidates must have are Time Management Skills, Analytical Skills, Communication Skills, Leadership Skills and Teamwork.

7. What is the average salary of an MBA Retail Management graduate?

The average salary of a Retail Manager in India is Rs 5.6 LPA.

8. What can I do after an MBA in Retail Management?

After completing an MBA in Retail Management course, candidates can join various career paths such as Retail Manager, Supply Chain Manager, Marketing Manager, Business Development Manager.

9. What are the top entrance exams required for an MBA in Retail Management course?

The top entrance exams for MBA Retail Management are CAT, XAT, MAT, and SNAP.

10. What is the average fee for an MBA in Retail Management course?

The average fee for MBA in Retail Management ranges from Rs 54,000- Rs 6.80 lakhs.

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Are you searching for a Corporate Executive job description? A Corporate Executive role comes with administrative duties. He or she provides support to the leadership of the organisation. A Corporate Executive fulfils the business purpose and ensures its financial stability. In this article, we are going to discuss how to become corporate executive.

2 Jobs Available
Multimedia Specialist

A multimedia specialist is a media professional who creates, audio, videos, graphic image files, computer animations for multimedia applications. He or she is responsible for planning, producing, and maintaining websites and applications. 

2 Jobs Available
Welding Engineer

Welding Engineer Job Description: A Welding Engineer work involves managing welding projects and supervising welding teams. He or she is responsible for reviewing welding procedures, processes and documentation. A career as Welding Engineer involves conducting failure analyses and causes on welding issues. 

5 Jobs Available
QA Manager
4 Jobs Available
Quality Controller

A quality controller plays a crucial role in an organisation. He or she is responsible for performing quality checks on manufactured products. He or she identifies the defects in a product and rejects the product. 

A quality controller records detailed information about products with defects and sends it to the supervisor or plant manager to take necessary actions to improve the production process.

3 Jobs Available
Production Manager
3 Jobs Available
Product Manager

A Product Manager is a professional responsible for product planning and marketing. He or she manages the product throughout the Product Life Cycle, gathering and prioritising the product. A product manager job description includes defining the product vision and working closely with team members of other departments to deliver winning products.  

3 Jobs Available
QA Lead

A QA Lead is in charge of the QA Team. The role of QA Lead comes with the responsibility of assessing services and products in order to determine that he or she meets the quality standards. He or she develops, implements and manages test plans. 

2 Jobs Available
Structural Engineer

A Structural Engineer designs buildings, bridges, and other related structures. He or she analyzes the structures and makes sure the structures are strong enough to be used by the people. A career as a Structural Engineer requires working in the construction process. It comes under the civil engineering discipline. A Structure Engineer creates structural models with the help of computer-aided design software. 

2 Jobs Available
Process Development Engineer

The Process Development Engineers design, implement, manufacture, mine, and other production systems using technical knowledge and expertise in the industry. They use computer modeling software to test technologies and machinery. An individual who is opting career as Process Development Engineer is responsible for developing cost-effective and efficient processes. They also monitor the production process and ensure it functions smoothly and efficiently.

2 Jobs Available
QA Manager
4 Jobs Available
AWS Solution Architect

An AWS Solution Architect is someone who specializes in developing and implementing cloud computing systems. He or she has a good understanding of the various aspects of cloud computing and can confidently deploy and manage their systems. He or she troubleshoots the issues and evaluates the risk from the third party. 

4 Jobs Available
Azure Administrator

An Azure Administrator is a professional responsible for implementing, monitoring, and maintaining Azure Solutions. He or she manages cloud infrastructure service instances and various cloud servers as well as sets up public and private cloud systems. 

4 Jobs Available
Computer Programmer

Careers in computer programming primarily refer to the systematic act of writing code and moreover include wider computer science areas. The word 'programmer' or 'coder' has entered into practice with the growing number of newly self-taught tech enthusiasts. Computer programming careers involve the use of designs created by software developers and engineers and transforming them into commands that can be implemented by computers. These commands result in regular usage of social media sites, word-processing applications and browsers.

3 Jobs Available
Product Manager

A Product Manager is a professional responsible for product planning and marketing. He or she manages the product throughout the Product Life Cycle, gathering and prioritising the product. A product manager job description includes defining the product vision and working closely with team members of other departments to deliver winning products.  

3 Jobs Available
Information Security Manager

Individuals in the information security manager career path involves in overseeing and controlling all aspects of computer security. The IT security manager job description includes planning and carrying out security measures to protect the business data and information from corruption, theft, unauthorised access, and deliberate attack 

3 Jobs Available
ITSM Manager
3 Jobs Available
Automation Test Engineer

An Automation Test Engineer job involves executing automated test scripts. He or she identifies the project’s problems and troubleshoots them. The role involves documenting the defect using management tools. He or she works with the application team in order to resolve any issues arising during the testing process. 

2 Jobs Available
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