MBA Retail Management is a two-year postgraduate course that revolves around the fundamentals of retailing, retail analytics, retail branding, retail strategies, retail logistics, and e-commerce. The course teaches the student about management models and practices in addition to marketing strategies, along with leadership, communication, and decision-making skills.
The eligibility criteria for MBA Retail Management include having a Bachelor’s degree with 50-55% marks or any other equivalent examination from a recognized board. CAT, XAT, NMAT, and SNAP are a few of the well-known entrance examinations for admission to MBA retail Management. The course fees for MBA Retail Management in Government and Private Universities is from INR 80,000 to 4,00,000 per year. Some of the well-known colleges offering MBA in Retail Management are Amity University, Manipal University, Graphic Era University, Chitkara Business School, Indian Institute of Management Mumbai, and many more.
On completion of an MBA in Retail Management, the graduate can get high-paying jobs in the Retail sector, such as a Retail Marketing Fresher, Sales Manager, Merchandise Planner, e-commerce Manager, Retail store Manager, and Inventory Manager, with salaries ranging from INR 4 LPA to INR 10 LPA.
Table of Contents
- MBA Retail Management Course Highlights
- What is MBA Retail Management?
- Why study MBA Retail Management?
- Who should pursue an MBA in Retail Management?
- MBA Retail Management Eligibility Criteria
- MBA Retail Management Entrance Test Details
- MBA Retail Management Colleges
- MBA Retail Management Admission Process
- MBA Retail Management Syllabus
- MBA in Retail Management and MBA in Marketing
- MBA Retail Management Jobs and Salary
- MBA Retail Management FAQs
MBA Retail Management Course Highlights
The important details about MBA in Retail Management are highlighted in the table below:
What is MBA Retail Management?
MBA in Retail Management is a two-year postgraduate course in Retail Management, which is a sub-discipline of the field of management focusing on the selling and distribution of products to customers in specific vending points. The course enables the study of organisations and their management through model practices. An MBA in Retail Management helps in gaining insights into new and advanced business trends. Management Information System, Principles of Management, Business Statistics, Accounting for Managers, Marketing Management, and Organisational Behaviour are a few of the subjects that are taught in the MBA in Retail Management.
Why study MBA Retail Management?
The Benefits of pursuing an MBA in Retail Management, along with getting a high-paying jobs, are mentioned below:
- Opportunities to work in E-commerce and omnichannel retail, Luxury and fashion retail, Fast-Moving Consumer Goods, and Retail analytics and supply chain.
- Knowledge in Consumer Behaviour, Psychology, Inventory -Pricing Strategies, and Retail Technology.
- Amalgamation of two fields, Retail and Technology, for the ease of E-commerce.
- Learn the Global Perspective of Retail Management.
- Develop Leadership, Management, and Communication Skills.
Who should pursue an MBA in Retail Management?
The individuals who fall under the following criteria would benefit the most by pursuing an MBA in Retail Management:
- Experience in working in stores, retail, Sales, Merchandising or customer service.
- Aspire to become an entrepreneur by starting their own retail business.
- Passionate about the retail sector and engaging with Customers.
- Expertise in technology and wish to amalgamate technology in Retail.
- Have Creative ideas and are able to work on innovation regarding Retail.
MBA Retail Management Eligibility Criteria
The Eligibility Criteria for admission in Master of Business Administration in Retail Management include:
- Passing a Bachelor's degree in any discipline or any other equivalent examination from a recognized board.
- Scored a minimum of 50-55% in a Bachelor's degree with a 5% relaxation for the Reserved Category.
- Cleared Entrance Tests such as CAT, SNAP, CMAT, MAT or any college-based Entrance Examination.
MBA Retail Management Entrance Test Details
The important details for some of the well-known Entrance tests for MBA in Retail Management, such as Dates and Fees, are mentioned in the table below:
MBA Retail Management Colleges
The Important features of some of the well-known colleges in India offering MBA in Retail Management are given below:
MBA Retail Management Admission Process
The Admission process for MBA Retail Management is similar all over India. The Admission Process for MBA Retail Management in Chitakara University is given below:
Step 1: Download the admission form of Chitkara University from the official website of the college or from the nearest bookstore.
Step 2: Fill the admission form with accurate details and upload the required documents. Submit the form to the following address: Unit No. A 201–202, Elante Mall Office Complex, Industrial Ara Phase I, Chandigarh, 160002.
Step 3: The documents and the information submitted in the application form will be verified by the University.
Step 4: The admission is granted after verification of the documents on the basis of merit obtained in the Bachelor's examination.
Documents Required:
Make sure to keep the following documents ready for admission:
- Class 10 and 12 mark sheets and certificates
- Entrance exam scorecard
- Valid identity proof (Aadhaar card, PAN card, passport, etc.)
- Passport-size photographs
- Caste certificate (if applicable)
- Domicile certificate (for state quota seats)
- Provisional admission letter (if available)
MBA Retail Management Syllabus
The Syllabus of MBA Retail Management of Parul University is mentioned below:
MBA in Retail Management and MBA in Marketing
Mentioned below is the comparison between an MBA in Retail Management and an MBA in Marketing:
MBA Retail Management Jobs and Salary
On completion of the MBA in Retail Management, the graduates can land high-paying jobs in the Retail Sector.
MBA Retail Management FAQs
Can an MBA in Retail Management be pursued online?
MBA in Retail Management is offered online as well in many well-known colleges such as Manipal University, Amity University, IGNOU, Graphic Era University, IGNOU and many more.
Which are the top recruiters in MBA Retail Management?
MBA Retail Management Graduates get high-paying jobs in the retail sector. The top recruiting companies are Amazon, Flipkart, Reliance Retail, DMart, Tata Cliq, Nykaa, Big Bazaar, H&M, Zara, Pantaloons, Unilever, Nestle, and Coca-Cola (FMCG Retail).
What kind of job profiles are available after this MBA?
Graduates can work as retail managers, store managers, merchandisers, regional managers, sales managers, supply chain managers, advertising managers, and brand managers. There are also opportunities in logistics, e-commerce, and luxury retail.
What is the difference between a General MBA and an MBA in Retail Management?
The General MBA imparts general business skills from all sectors, while the MBA in Retail Management imparts skills specific to the retail sector, supply chain, merchandising, consumer behavior, and store management.
What is the average salary after completing this MBA?
The average starting salary after completing an MBA in Retail Management ranges from INR 4 lakh to 10 lakh per annum, depending on the institute, candidate’s skills, and recruiting company. Salaries are higher for graduates from top B-schools and increase with experience and specialization.
