Retail is the fastest growing sector in India today. With many huge players entering the industry, the sector is bound to grow manifold. The growing number of shopping center and departmental stores has thrown up limitless job chances in India and abroad. Market experts estimate a growth rate of 30 to 40 percent in India in the retail sector and there will be a requirement for an approximated 80 lakh trained professionals.
Thus, it is an opportune time to join a course in Retail Management and bag a job in this appealing field. Acknowledging the need for skilled professionals in this field, lots of institutes have actually started courses and training programmes at the undergraduate and post graduate level to produce skilled workforce for this industry. Here’s all the info that you may need on courses in retail management.
The retail sector is now more arranged and effective. The retail transformation has changed not just the city way of life but also the way of life in towns. Thus, for a retail management graduate, there are chances galore throughout the nation in the books and releasing market, music shops, multiplexes, shopping malls, garment industry and also at the same time foods industry. Somebody opting for a graduation course in Retail Management ought to ideally have passed the Greater Secondary or 10+ 2 Assessment.
The curriculum on retail management is an extremely thorough one and consists of in-depth information on supply chain, marketing information, finance management, accounting in retail, retail brand names, service interaction, psychology of retail buyers, electronic retailing merchandise management, marketing and business communication, sales promotion with public relation, stock, consumer relationship, service principles, management and organizational behavior, quantitative methods in retailing.
In the retail industry, the most significant demand is for an effective retail manager. After that, there are positions such as stock supervisor, shopping functional manager, floor manager and personnel for customer care. The related choices remain in personnels, finance and system management. read more Lowes Weekly Ad
There are many institutes that offer retail management courses. One such institute is Welingkar Institute of Management Development and Research study, Maharashtra, which provides a two-year specialized course in retail. The other course used by the institute is a postgraduate course. The institute guarantees campus positionings at various retail stores like Pantaloon, Buyer’s Stop, Globus and Westside.
Birla Institute Of Management Technology based in New Delhi provides a two-year Post Graduate Diploma in Retailing and Merchandising Management (PGDRMM). The course offers training in selling and merchandising management with a mix of industry interaction. One has to qualify the FELINE, MAT entryway evaluation and after that clear an interview round to get admission. The institute also supplies hostel center. There is an active campus positioning programme.
The course curriculum includes Retail principles & Environment, Marketing Management, Merchandising Management, Company Interaction, Retailer Management and Research Approach
Down south, the Madurai Kamaraj University has actually created brand-new courses in retail management to be offered through its Directorate of Correspondence course. The brand-new courses include Postgraduate Diploma in Retail Management, Master of Organisation Administration in Retail Management and Bachelor of Business Administration in the exact same specialisation.
In Mumbai, the K J Somaiya Institute of Management and Research study offers a Post Graduate Diploma in Management- Retail. It is a full-time 2 year course and covers a wide variety of subjects connecting to general management, Retail Management, operations and soft skills along with hands on experience in the offices/outlets of Pantaloon Retail (India) Limited.
A few of the other institutes offering retail management courses in India consist of Asia-Pacific Institute of Management, New Delhi, Indian Retail School, New Delhi, SASMIRA, Mumbai, Garware Institute of Profession Education and Development, Mumbai, Pearl Academy of Style, New Delhi, Mudra Institute of Communications, Ahmedabad, Retailers Association of India, Mumbai, Kohinoor Business School, Khandala and Apeejay Institute of Company Studies, Gurgaon besides others. Then, there is Metropolitan Institute of Management in Pune, The Retail Academy in Ahmedabad, The RPG institute of Retail Management in Chennai, Ebony Retail Academy in Delhi and Vidya Institute for Women in Delhi.