MBA in Retail Management is a 2-year post-graduate program, which comprises of the study of brand marketing, strategies of production, and a full-fledged understanding of the dynamics of retail. The key areas of study of MBA in retail management include Financial Management, Accounting, Merchandise, Communication, e-Retail, Branding, Consumer Behaviour, and the fundamentals of retail.
Scope of MBA in Retail Management:
India is transforming into retail being a more organized sector, which means that there will be millions of job opportunities in the future, and needless to say a high need and requirement of retail managers. E-commerce has a huge role to play in this. With a lot of job opportunities, it will be soon that retail would get its recognition as a sector that will be more organized than the present scenario. Thus, this is the time to pursue an MBA in retail management.
Requirements for MBA in Retail Management:
- The candidate should have passed their bachelors with a minimum of 50% marks in any discipline from a recognized University
- The candidate should not have a backlog in any subject of the UG course
- The candidate should qualify any of the MBA entrance exams such as CAT, NMAT, XAT, MAT, or GMAT to fulfill eligibility criteria to apply for MBA in Retail Management
The top colleges which offer MBA in pharma/healthcare are:
- Prin L.N Welingkar Institute of Management Development & Research, Mumbai – MBA in Retail Management
- KJ Somaiya Institute of Management, Mumbai – MBA in Retail Management
- Symbiosis Institute of Management Studies, Pune – MBA in Retail Management
A brief comparison between these colleges gives us an overview of the ROI and comparison between these three colleges
Prin L.N Welingkar Institute of Management Development & Research, Mumbai – MBA in Retail Management
It is a full-fledged PGDM course that provides the comprehensive details of retailing and helps to give the manager an overview and analysis of the retail environment to make him/her a competent retail manager.
Eligibility: Candidate must have completed a Bachelor’s degree in any discipline with 50% marks and 45% marks for reserved category and cleared the cut-off in entrance level exams like CAT, XAT, and MAT.
Recruiters: Accenture, Bisleri, Dun & Bradstreet
K. J. Somaiya Institute of Management, Mumbai
MBA in Retail Management is a course in KJ Somaiya aimed at producing top managers for the retail industry. It is a full-fledged 2-year post-graduate program with subjects that help a manager excel in the retail sector.
Eligibility: The candidate should have completed a Bachelors’s Degree in any discipline with 50% marks from a recognized college.
Recruiters: Nestle, ITC, Bisleri
Symbiosis Institute of Management Studies, Pune
It is a 2-year full-time course where teaching with case studies and field visits takes place to prepare the retail managers for a better future in the retail industry.
Eligibility: The candidate should have a bachelor’s degree in any discipline with 50% aggregate marks from a recognized university and should have passed SNAP with the desired cut-off for the program.
Recruiters: Oracle Retail, Mom Skills, Rpas
Subjects taught in MBA in Retail Management