Retail Management Courses

Retail Training Courses, Scope, Career Details

Retail Management is the process of bringing the product to the end user through a series of stages, where retailing is the last one. It is not limited to quantities, but limited to the requirement of the end user. Retail is all about distribution of the products from the manufacturer to the consumers through short and convenient channels. Retailing process involves a direct interface with the customer and the co-ordination of business activities from the design stage of a product to its delivery and post-delivery service. Generally, retail business can be classified into several types depending on its size, shape, product lines, services offered and prices etc. Some among them are specialty stores, supermarket/malls, factory outlets, franchises, chain stores, discount stores, lifestyle & personal products stores, furnishing & house hold appliances stores etc. There is a huge demand for retail management professionals for processing of all merchandise shipments, achieving store sales and profitability, communication with the clients to gain their loyalty and administration of stores.

Courses Offered:

• Post Graduate Diploma course in Retail Management
• MBA in retail management course

Eligibility for Retail Management Course: Candidates with a high school graduation or its equivalent plus two or degree holders can apply for certificate, diploma or degree courses in Retail Management. Retailers Association of India (RAI), the first independent body of retailers in India, conducts a Common Admission Retail Test (CART) on national basis for admission to Postgraduate Program in Retail Management (PGPRM) offered in 15 B-Schools across India. Candidates applying for CART must hold a bachelor degree with 50% marks. Final year students can also apply. Selection will be on the basis of following National Admission Tests scores - Management Aptitude Test (MAT) or Common Admission Test (CAT) or Xaviers Admission Test (XAT) or ATMA exam.

Career opportunities: With the growth of economy, retail training courses has emerged as one of the fastest growing career in the country. The expansion in the retail sector during the past few years has thrown up a big demand for trained professionals in this field. It is an industry looking for people at all levels, from the school pass out with basic skills to the well qualified supply chain and retail management professionals.
One can take up a job depending on one’s interest and aptitude, since retail industry is an array of activities starting from marketing to branding. This makes retail profession one of the most desired careers of the era.
With the advent of retail revolution, shopping has become a hobby. The whole concept of shopping has altered in terms of format and consumer buying behavior. Thanks to rapid urbanization and sprawling shopping centers, multi-storied malls and huge complexes that emerge at an ever increasing speed in every upcoming city, retailing has grown into one of the largest sectors in the global economy and a booming industry in the present century.

Job Prospects:

1. Sales Manager
2. Store Manager
3. Retail Manager
4. Retail Buyers and Merchandisers
5. Visual Merchandisers
6. Supply Chain Distributors
7. Logistics and Warehouse Managers
8. Marketing Executives

Remuneration: The remuneration in the retail industry depends up on the company, nature of work and the area where you work. The average starting salary of a sales person in the retail industry is Rs 4,000 per month. Depending on various post, the salary range varies between 6000 to 22000 per month. The special packages, bonus, incentives offered are the peculiarities of retail management course. The remuneration outside India also varies depending up on many factors such as shops, products and places. Retail Management presents a very comfortable and a lavish lifestyle. People in retail management enjoy a good home, and other amenities like free holidays etc.

Retail Sales Management Companies in India:

• Continuity and Resilience (CORE)
• Genpact
• e-Zest Solutions Ltd.
• Orange i

List of Institutes for Retail Management Courses in India

1. A.V.S. College of Arts and Science, Salem, Tamilnadu.
2. Academy of Business Management, Tourism and Research (A.B.M.T.R), Bangalore.
3. Academy of Management Studies, Dehradun.
4. Accman Institute of Management, Greater Noida.
5. Acharya Nagarjuna University: Department of Commerce and Business Administration, Guntur.
6. Advance Institute of Management, Ghaziabad .
7. Agra Institute of Engineering and Technology, Uttar Pradesh.
8. Al-Ameen Institute of Management Studies, Bangalore.
9. Aligarh Muslim University: Faculty of Management Study and Research.
10. All India Management Association, New Delhi.

Syllabus: Principles and practices of management, Marketing Management, Consumer Behaviour, Management Information Systems, Sales Management, Retail Management, Services Marketing, Supply Chain Management, Project Report etc.

Fees: Fee structure for retail management course is between Rs. 10,000/- to Rs. 20,000/-.