Retail Management Courses
Retail, this word implies to sell in small quantities and Retail Management Courses are a career program designed at the managerial level.
This career involves merchandizing and selling. This is a highly sought after career in India and people interested in entrepreneurial or service-oriented profession, should consider this as the right option.
The retailing sector by 2010 in India is expecting to emerge as a 24 billion dollar industry such that it needs trained manpower and aspiring candidates can make this their career.
It is also expected that the retail industry by 2016 year will reach US$ 175-200 billion.
Eligibility
Candidates who have passed the 10+2 examinations can enroll for Retail management courses.
However, graduates from any stream can also enroll for a postgraduate diploma course and there are many institutes offering this course.
A written entrance test has to be cleared followed by GD and interview to pursue this masters program.
Course Benefits
The Retail Management Courses curriculum includes subjects such as marketing information, supply chain management, retail accounting, finance management, merchandise management in electronic retailing, marketing and business communication.
Candidates can also learn about customer relationships, retail brand management, sales promotion, inventory management, business ethics, quantitative retailing methods, business communication, management and organizational behavior.
Courses in India
The institutes offering Retail management courses are IILM Graduate school of Management, Greater Noida, Welingkar Institute and Somaiya Institute of Management, Mumbai, Birla Institute of Management Tech, New Delhi, Institute of Tech& Management, Symbiosis Centre for distance learning, The Retail Academy, Ahmedabad, and many more institutes and universities.
Course Scope in India
The course of retail management opens up various job prospects in music stores, shopping malls, publishing industry, multiplexes, garment industry and foods industry.
Companies such as Nilgiris, Reliance India, Titan, Pantaloons, RPG Group, Westside, Raymonds, Barista, Coffee Day, Food World and Crossword are few big Indian companies having their retail chains in India with huge employment opportunities for trained retail management professionals.