Colleges | Scope | Courses | Eligibility | Admission
“Indian retail industry is expected to rise to a soaring value of $2 Tn by 2032.”
“Indian E-Commerce industry will skyrocket to $350 bn by the year 2030.”
“Indian retail market is the 4th largest in the whole world.”
The above-stated sentences are not just statements pulled out of a hat. They are the facts and gospel truths, indicating that the Indian retail sector is mushrooming widely. But so is the competition within it and to manoeuvre your way through the tight competition, a certain expertise is necessary. Distance Learning MBA in Retail Management provides you with just that!
MBA in Retail Management from distance learning is a postgraduate course in the domain of Business Administration that specialises in the field of Retail Management. The minimum duration of the course is two years which can be extended up to four years.
The course offers you crucial know-how to fly high in the dynamic and profitable retail industry. It teaches you the intricacies of the retail sector, be it the diverse distribution channels, the rural retailing, the financial risks, or the ethical conundrums. It prepares you to devise sustainable solutions to address the problems of the retail market and streamline the process for utmost customer satisfaction.
So far, we had a very short discussion over the key share that the retail sector claims in the contemporary economy. We have also highlighted how a distance MBA degree in retail management is essential to succeed in the current scenario. Let us now discuss this in detail below:
As we have stated already, the retail industry is already thriving and still has boundless potential to thrive, especially in India. The scope of prosperity in this sector is confirmed if you tread with the utmost knowledge of the market because the externalities are quite in the favour of the retail industry. The reasons stated below will give you a clearer and brighter picture:
Here, we are providing you with a basic idea of the general eligibility criteria that an educational institution can set for the purpose of admission to an online MBA in Retail Management:
The above-mentioned criteria may differ from one institution to another. To know the exact eligibility criteria of a university, you can visit our website, or simply, ask us.
To take admission into an MBA in Retail Management in distance education, a candidate has to fill out an application form. An educational institution may provide the application form in an online format or an offline format or both. The candidate has to submit the filled-out application form along with the photocopies (or scanned copies) of the mandatory documents and the required application fees.
The documents required for the admission process are:
Upon the successful verification of all the documents, the students are shortlisted and are eligible for admission. They are then required to pay the fees to complete the admission process.
An MBA programme in Retail Management in distance education is of two years duration. The two years are further divided into four semesters. The first year of the MBA degree offers a versatile knowledge of various domains of business- Finance, Human Resource, Management, etc. to name a few. The second year provides you with specialisation in the retail domain with an extensive study of various modules of the industry. Apart from a well-structured curriculum, the degree requires you to do internships and practical projects.
Given below is a rough sketch of the syllabus of an online MBA in Retail Management:
| SEMESTER-1 | Semester - 2 |
| Management Theory and Practice | Business Communication |
| Organisational Behaviour | Essentials of HRM |
| Business Economics | Business Law |
| Information Systems for Management | Strategic Management |
| Financial Accounting and Analysis | Operations Management |
| Marketing Management | Decision Science |
| SEMESTER-3 | Semester - 4 |
| Introduction to Retail | Global Retailing |
| Consumer Behaviour | International Logistics & Supply Chain Management |
| Merchandising Management | Marketing Research |
| Sales Management | Business Ethics, Governance & Risk |
| Retail Store Design & Location | Research Methodology |
| Retail Store Operation and Inventory Management | Project |
The University Grants Commission (UGC) offers autonomy to the educational organisations to revise their syllabus with regard to their requirements. Therefore, the syllabus for various educational organisations may differ.
The average fee for an Online MBA in Retail Management is INR 90,000 and it ranges between INR 30,000 to INR 1,50,000 depending on the university. This variation in the fee structure for different universities depends upon a variety of factors.
Some universities are very flexible in terms of fee payment and permit students to pay their fees either in lump sum or zero-cost instalments. Also, some universities offer easy loan facilities for students to provide them with financial assistance. Such convenient payment options ensure that students are not burdened with the weight of fees and can pay their fees annually, semester-wise, or monthly, whichever suits them,
A distance learning MBA in Retail Management program can open a whole gamut of well-paying career options in the ever-expanding retail sector. The tables below will give a peep into some of those job roles and their respective salaries:
| JOB ROLE | JOB DESCRIPTION |
| Merchandising Manager | Responsible for analysing the business’ inventory needs and sourcing it from the potential buyers at the right price, keeping in mind the quality standards of the business. |
| Store/ Retail Manager | Oversees the day-to-day workings of a store to maximise profitability. It includes inventory control, store staff recruitment and training, and customer management. |
| Display Specialist | Responsible for creating an impactful display of merchandise at the store to engage more customers and increase sales. |
| Customer Service Representative | Responsible for maintaining effective customer relationships by addressing customer queries. They also maintain transactional records of the customers with their comments. |
| Advertising Manager | Creates and oversees advertising campaigns for various media channels in alignment with the brand image of the company. |
| Business Development Officer | Responsible for recognising newer clientele for the organisation on the basis of contemporary market trends. |
| JOB ROLE | Average Annual Salary |
| Merchandising Manager | ₹ 14 Lacs |
| Store/ Retail Manager | ₹ 3.4 Lacs |
| Display Specialist | ₹ 4 Lacs |
| Customer Service Representative | ₹ 3 Lacs |
| Advertising Manager | ₹ 10 Lacs |
| Business Development Officer | ₹ 5.2 Lacs |
As already mentioned, the salary given in the table is an average salary in the country for the respective position. For obvious reasons, it will vary according to place, organisation, experience, etc.
Retail industry, specifically, e-commerce is a widely flourishing sector. To tap into the vast potential of this industry, many educational institutes are offering MBA courses in Retail Management through online mode of learning.
The table below provides the top-rated educational institutions of India with the respective fees that they charge:
| College/ University Name | Course Fees |
| NMIMS Global Acces School for Continuing Education | ₹ 1,68,000 |
| Online Manipal | ₹ 1,50,000 |
| Directorate of Distance Education, Alagappa University | ₹ 26,400 |
| Lovely Professional University Distance Education | ₹ 48,000 |
| Amity University Online | ₹ 2,53,000 |
You can check out other universities on our website in detail.
| Course Name | Distance MBA in Retail Management |
| Course Type | Master’s Programme |
| Duration | 2 Years (Minimum) - 4 Years (Maximum) |
| Mode of Learning | ODL Mode (Open and Distance Learning) |
| Fee Structure | Fee varies as per the institute. However, the average fee is INR 90,000 for the complete course. |
| Average Salary Offered | 7 Lacs per annum. However, it varies in accordance with the job role, organisation, place, etc. |
| Employment Roles | Merchandising Manager, Store/ Retail Manager, Display Specialist, Customer Service Representative, Advertising Manager, Business Development Officer |
| Examination Method | Both Online and Offline, depending upon the university. |
The course duration of a distance MBA in Retail Management is two years. However, it can be extended up to a period of five years.
The distance MBA in Retail Management is not difficult. While the first year involves the study of fundamental management courses, the second year offers the study of specialised modules related to International Retailing, Customer Relationship Management, and Direct & Network Marketing.
The retail sector is a looming industry with unending potential. With soaring demand and a prospective consumer base, the retail market offers an array of job opportunities. A distance MBA in Retail Management provides you with skills to enable you to enhance your career prospects.
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