MBA in Retail Management

MBA in Retail Management

The MBA in Retail Management is based on the growing challenges faced by the consumer goods/services industry. The degree program prepares the student for a career in the functions of the consumer goods industry/services and it provides an understanding of the industry’s specific challenges, which paves the way for a faster climb up the career ladder. The objectives of MBA in Retail Management program are:

Scope of Retail Management:

Retailing is a progressive industry, including many sectors. It is also home to some of the world’s biggest companies. Candidates with the retail management degree can start a career in client communication,

Program Objectives (PO):

The objectives of MBA (Banking and Financial Services) are:
  • PO1: To develop effective communication and presentation skills required to become a successful retail business professional.
  • PO2: To familiarize the students with organized retail and, the value it creates.
  • PO3: To provide insights on conceptual knowledge with an integrated approach to various functions of retail operations.
  • PO4: To provide an overview of the retail industry, concepts and processes and an opportunity to understand the areas of accountability for a Retail Manager.
  • PO5: To enable students to become good retail planners and decision makers and to help them to focus on change and adaption to change.
  • PO6: To equip students with strategic and operational decision-making processes in the organized retail.
  • PO7: To familiarize the students with retail supply chain activities which create the value in the organized retail industry.

Programme Learning Outcomes

The expected outcomes of the program:

  • PLO1: Be competent to answer as to how retailing works and the factors that influence its success.
  • PLO2: Be familiar with how the retail industry works and how to create a shopping experience that builds customer loyalty.
  • PLO3: Learn how to receive, present and maintain merchandise.
  • PLO4: Learn how to identify, hire, retain and build retail talent and the functions that support service and sales.
  • PLO5: Understand the areas of accountability for retail management and how the role of the manager impacts the success of a retail business.
  • PLO6: Determine level of interest in pursuing a career in retail management.
  • PLO7: Obtain legal knowledge of Retail business operations for effective decision-making.
  • PLO8: Enhance ability to assess and evaluate the dynamics of internal and external elements of the competitive global retail environment.
  • PLO9: Participate and contribute in organizations, businesses, consulting projects or internship opportunities as an integral part of program.
  • PLO10: Identify, assess and shape entrepreneurial opportunities and evaluate their potential for business success.

Programme Specific Outcomes

  • PSO1: To get first-hand knowledge of three domains - brick and mortar retailing, online retailing and omni-channel retailing.
  • PSO2: Acquire Practical learning opportunity through summer internship, industrial visit and research projects.
  • PSO3: To build understanding of students towards merchandising and retailing concepts and capability to seamlessly carry out interpersonal communication.
  • PSO4: To provide practical learning with assigning hands-on projects of retailing and practice their learning’s and skills of the syllabus.

Eligibility Criteria

  • Candidate must have passed Graduation or equivalent system in any discipline from any recognized University or AICTE recognized Institute/College with minimum aggregate marks of 50% or CGPA of 5.5 for Gen/OBC category and 45% marks or CGPA of 5.0 for SC/ST Category.

MBA in Retail Management

Duration (in year) 1 2
1. Tuition Fee Rs. 1,28,000/- Rs. 1,28,000/-
2. Examination Fee Rs. 11,250/- Rs. 11,250/-
3. Other Fees (Registration, Library, etc.) Rs. 9,000/- Rs. 9,000/-
Development Fund Rs. 11,750/- Rs. 11,750/-
Course Fee Rs.1,60,000/- Rs.1,60,000/-
Caution Money Rs. 5,000/- -
Total Fee Rs.1,65,000/- Rs.1,60,000/-
Hostel Fees
(Fees + Caution Money)
Rs. 75000/- + Rs. 5000/- = Rs. 80000/-
Transportation Cost = Rs. 24,000/-

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Career Prospects:

After successfully completing students have the following opportunities:

  • Retail Manager
  • Store Manager
  • Merchandiser
  • Supply Chain Managers
  • Marketing Executive
  • Brand Manager
  • Warehouse Manager
  • Merchandising Manager
  • Image promoter
  • Department Manager