Retail management is a subdiscipline of the general field of management that deals with overseeing the distribution and sale of products directly to consumers, in specific outlets such as stores, chain stores, markets, and shopping malls. Retail managers are in charge of the day-to-day operations within a retail store or department. They plan the promotion of merchandise, organize employees, manage customer service, and supervise inventory. Retail managers must also understand customer profiles and understand their needs in order to adjust product supply and anticipate demand, in order to increase profits.
Retail management is closely related to other disciplines ranging from business and international business, marketing and logistics, supply chain management, operations management, fashion merchandising, and others. In this MBA in Retail Management Admission, students will learn management models and practices, in addition to relevant marketing strategies.
They will also acquire leadership, communication, and decision-making skills. Graduates in this field can work as managers in hotels, restaurants, food and beverage companies, travel agencies, and franchise chains, among others. Examples of professional positions include purchasing manager, logistics and distribution manager, personnel manager, merchandise planner, store manager, or merchandising division manager.
Eligibility
At TIEM, MBA in Retail Management can be pursued by students, early career job seekers, homemakers or business owners who have completed their graduation from any stream with at least 45% (only for reserved category) marks from a recognized education board. We admit students to Tritya Institute of Event Management, TIEM DELHI for MBA in Retail Management based on their merit, personal interview, scholarship test or entrance test score. MBA admissions in India are mainly through entrance exams like CAT, MAT, GMAT, TIEMCET, XAT etc.
Students must meet the following eligibility criteria to pursue MBA in Retail Management course:
For MBA in Retail Management, candidates must have completed their graduation from any stream from a recognized university.
Candidates appearing for their final year examinations are eligible for admission to the course (Compensation admissions are mandatory).
Candidates must clear their final year examination with a minimum of 50% marks.
There will be a relaxation of 5% in the minimum aggregate score for candidates belonging to reserved categories (SC/ST).
CAREER SCOPE OF MBA RETAIL MANAGEMENT
TIEM graduates have ample employment and hiring opportunities after completing their MBA in Retail Management in Retail Management companies as well as Wedding Planning companies like Wizcraft, DNA, Percent Mark, E-Factor, Fountain Head, Tritya Human Resources etc. A fresh graduate from TIEM, one of the leading retail management institutes in Delhi, can expect to earn between INR 3,50,000 to INR 8,00,000 per annum after completing the MBA in HR course.
Career Opportunities in Retail Management
Customer Service Manager in an Event Management Company
Business/Brand Development Manager/Associate
Promotion Manager/Director
Director (Department Head)
Public Relations Manager/Director
HR Analyst/Wedding Consultant
Marketing Associate, Analyst or Director
Portfolio Manager, Celebrity Manager
Project Manager, Product Manager, Artist Manager
Corporate HR Planner, HR Planner, Ground Staff Manager, Facility Manager
General Manager, HR Coordinator for Wedding Planning, Administrative Manager
ADMISSION CRITERIA FOR MBA PROGRAMS
Students can also follow the direct admission procedure without applying for scholarships or fee waiver scheme.
Online Mode
Candidates are required to visit the website and fill the online application form, providing the details contained therein such as name, address, age, year of graduation, name of parents/guardians, grades obtained at graduation, upload photographs, etc. by clicking on the following link: Online Application Form
Offline Mode
Come to the counselling session, fill the application form along with the academic documents. Students are then expected to pay the required fees for submission of the online application form and submit it.
