About MBA Retail Management course:
MBA or Master of Business Administration in Retail Management is a two year post graduate degree which helps students to learn about managing operations of retail industry. The graduates can work in operations of retail businesses such as supermarkets, department stores, specialty stores, and e-commerce platforms.
During MBA Retail Management students to learn about the topics like retail operations, merchandising, marketing, consumer behaviour, sales management, and e-commerce. And also they learn about the topics which are related to retail industry like supply chain management, finance, and human resource management.
Retail market is a widest marketplace of country which has many job roles for the aspirants who are seeking jobs in retail industry. Retail managers, store managers, merchandising managers, e-commerce managers, or marketing managers are some popular job roles available in retail industry. These professionals manage the work like retail operations, analyze consumer behavior and market trends, develop effective marketing strategies, and manage supply chain logistics. With increasing technology and E-commerce marketplaces these jobs are widely available after the MBA Retail Management.
The average course fees for [MBA ] Retail Management Courses range between INR INR 2-10 lakhs per annum (may vary as per college).
[MBA ] Retail Management Course Admission Process:
[MBA ] Retail Management Quick facts
Highlights for [MBA ] Retail Management program are provided in the table given below:
| Course Level |
Masters |
| Full form |
[MBA ] Retail Management |
| Duration |
2 Years |
| Examination type |
Semester |
| Eligibility |
Bachelor degree in any stream from a recognized college or university along with minimum 50% aggregate. |
| Age Limit |
No age limit |
| Course fee |
INR 2-10 lakhs per annum (may vary as per college) |
| Average Salary |
INR 3-8 LPA (may vary based on industry and job role) |
| Job Positions |
Retail managers, store managers, merchandising managers, e-commerce managers, or marketing managers |
[MBA ] Retail Management Eligibility & Entrance exam
Eligibility Criteria for MBA Retail Management:
Eligibility for getting admission in MBA Retail Management course may vary from college to college but there is some common criteria of admission are discussed below:
- Student must have a Bachelor degree in any stream from a recognized college or university along with minimum 50% aggregate.
- Some reputed college may conduct their own entrance exams or they can accepts scores of state and national level entrance exams scores, followed by group discussion and personal interview.
- There is no criteria regarding to age limit, study is beyond the age.
- Some colleges may require work experience before admission this may vary and totally depends on college.
Students who have meeting above criteria are eligible to take admission in the MBA Retail Management course; student may also have to check with the college official website so they can know more about the exact eligibility criteria.
How to apply for college?
Properly research about the college and also check the eligibility criteria of the college. To apply in particular college student must have to follow given steps:
- Visit to the official website of the college.
- Apply in admission section.
- Fill all the details in admission form like personal details, educational details, entrance exams scores and many more.
- Submit all the necessary documents like photo, signature, personal documents, educational certificates etc.
- Also check is there any counseling round or not. If college is conducting counseling than apply for it.
- Pay the fees for application Form.
Here given above process is common process it may vary from college to college.
Entrance Exams for MBA Retail Management:
Scores obtained from entrance exams are key to get admission in reputed colleges, Good score leads to top colleges and vice versa. Student has to prepare for entrance exams to get admission in top colleges. Here is the list of some top entrance exams for MBA Retail Management for which a student can prepare and get top college are:
|
Entrance Exam Name
|
Mode of Exam
|
Conducting Body
|
|
Common Admission Test (CAT)
|
Online
|
Indian Institutes of Management (IIMs)
|
|
Management Aptitude Test (MAT)
|
Online and Offline
|
All India Management Association (AIMA)
|
|
Xavier Aptitude Test (XAT)
|
Online
|
Xavier School of Management (XLRI)
|
|
Common Management Admission Test (CMAT)
|
Online
|
National Testing Agency (NTA)
|
|
Graduate Management Admission Test (GMAT)
|
Online
|
Graduate Management Admission Council (GMAC)
|
|
Symbiosis National Aptitude Test (SNAP)
|
Online
|
Symbiosis International University (SIU)
|
NOTE: For exam fees, eligibility criteria, dates and exact cut off please visit to the official website of particular exam.
[MBA ] Retail Management Duration & Fees
MBA Retail Management Course duration:
This MBA Retail Management degree is two years full time post graduate degree which is further divided into four semesters whereas in some colleges there are three semester in a year.
The curriculum of degree is designed such as it includes classroom lectures, industry visits, guest lectures, internships, and practical training which lead to real world practical experience in particular industry.
MBA Retail Management Course Fees:
Fees for course may vary from institution to institution it depends on the ranking, Infrastructure, Faculty, Placements, Facilities provided by the college. Usually the fees for MBA Retail Management course are ranges between INR 2 LAKH to INR 10 LAKH per annum.
[MBA ] Retail Management Jobs,Scope,Salary after course
Scope after MBA Retail Management course:
Pursuing a post graduate degree like MBA leads to high paying jobs along with gaining advance knowledge in particular field. MBA is a very demanding degree in India; many of students are passed out in this degree. Retail market is a widest marketplace of country which has many job roles for the aspirants who are seeking jobs in retail industry. Retail managers, store managers, merchandising managers, e-commerce managers, or marketing managers are some popular job roles available in retail industry. These professionals manage the work like retail operations, analyze consumer behavior and market trends, develop effective marketing strategies, and manage supply chain logistics. With increasing technology and E-commerce marketplaces these jobs are widely available after the MBA Retail Management. Here is the list of popular job roles are:
|
Job Role
|
Description
|
Average Salary (INR)
|
|
Retail Manager
|
Manages daily operations of a retail store, including sales, inventory, and customer service.
|
4-12 LPA
|
|
Store Manager
|
Oversees store operations, manages staff, and ensures sales targets are met.
|
3-10 LPA
|
|
Merchandising Manager
|
Develops and implements merchandising strategies to increase sales and profitability.
|
4-12 LPA
|
|
E-commerce Manager
|
Manages online sales and operations, including website design, content, and customer service.
|
4-15 LPA
|
|
Marketing Manager
|
Develops and implements marketing campaigns to promote products and services and attract customers.
|
4-12 LPA
|
Note: The salary mentioned above may vary from company to company and based on experience and interview of individual student.
[MBA ] Retail Management Top colleges offering course
Top Colleges for MBA Retail Management Course:
Choosing a good college is a difficult task, good college leads to good career. Before choosing a college one has to check all the details about the college. There are many colleges MBA Retail Management course but to choose a right college student must check some points like ranking, Infrastructure, Faculty, Placements, Facilities provided by the college. The top colleges may have high fees but the placements are good from top colleges. Here is the list of some top colleges offering MBA Retail Management Course is:
|
College/University
|
Location
|
Average Fees (per year)
|
Placement Ratio
|
|
Indian Institute of Foreign Trade (IIFT)
|
New Delhi
|
INR 8-10 lakhs
|
95-100%
|
|
Birla Institute of Management Technology (BIMTECH)
|
Greater Noida
|
INR 8.5 lakhs
|
90-95%
|
|
KJ Somaiya Institute of Management Studies and Research
|
Mumbai
|
INR 3.2 lakhs
|
85-90%
|
|
Symbiosis Institute of Business Management (SIBM)
|
Pune
|
INR 7.9 lakhs
|
80-85%
|
|
Institute of Management Technology (IMT)
|
Ghaziabad
|
INR 12.5 lakhs
|
80-85%
|
Note: The fees and placement ratio may vary, for exact information please visit to the official websites of the particular college.
Al-Falah University
Flame University
AKS University Amicable Knowledge Solution
AMET University AMET- Academy of Maritime Education and Training
Aurora Higher Education & Research Academy
Neotia University
ADYPU Ajeenkya DY Patil University
Amity University Mumbai
