Master of Business Administration [MBA] (Retail Management)

Master of Business Administration [MBA] (Retail Management) is a postgraduate course in management. It is the branch of management that deals with the aspects related with retail management. It is concerned with the latest concepts and practices regarding functional areas of management.

The duration of Master of Business Administration [MBA] (Retail Management) is 2 years. The minimum eligibility for this course is a graduation degree passed with a minimum score of 45% from any recognized university. Candidates from any background are welcomed to apply for this course.The average tuition fee of Master of Business Administration [MBA] (Retail Management) ranges from INR 2 to INR 5 lakhs depending on the colleges. However in some top private b schools like KJ Somaiya, Symbiosis or Amity Business School MBA Retail Managemnt may cost 7 to 10 lakhs.

The most common route to this course goes through an entrance test. Passing any of CAT, XAT or MAT qualifies the candidates for most of the institutions across India. Other than these tests, some institutes hold test of their own to take admissions.

The retail management graduates enjoy a mounting demand in restaurants, logistics, banks, warehouses, book shops, cafes, shopping malls, multiplexes, airlines, insurance and advertising agencies.

Duration

The duration of Master of Business Administration [MBA] (Retail Management) is 2 years spread over four semesters.

What is Master of Business Administration [MBA] (Retail Management)?

Master of Business Administration [MBA] (Retail Management) is focused on management of retail business. Retail is single step interaction in small quantities between buyer and seller in the form of exchange of goods. Retail management is application of managerial skills for making the retail process more efficient and streamlined. This course aims to equip the students with the same managerial skills. Along with the general management perspective, this course provides an insight into fundamentals and practices concerned with functional areas of management. The students are taught to identify problems, think creatively and come up with innovative methods to improve and better the retail process.

Who Should Opt for Master of Business Administration [MBA] (Retail Management)?

Students with a strong understanding of commodities market, diversification of market and market segments can excel at this course. Candidates with critical thinking as their strongest suit are tailor made for this course. Time management and organization are other attributes which go well this course. The students who hold a keen interest in retail sector should look no further than this course. Aspirants with excellent communication skills are always welcomed for any management program. The students with a penchant for leadership and motivation can opt for this course. This course suits well to the students who look for flexibility in their career in form of job of a business of their own. Students with critical thinking ability, quick decision making skills and problem solving skills can take this course and further develop themselves.

Where to Study?

The top colleges offering Master of Business Administration [MBA] (Retail Management) are:

  • Symbiosis Institute of Management Studies, Pune
  • Amity Business School, Noida
  • KJ Somaiya Institute of Management Studies and Research, Mumbai
  • Prince LN Weligkar Institute of Management Development & Research, Mumbai
  • Andhra University

Academic Options after Master of Business Administration [MBA] (Retail Management)

Post completion of Master of Business Administration [MBA] (Retail Management), the students can introduce further qualification on their CV. By pursuing M. Phil. or Ph.D., they can step into the field of research. The students can opt for PhD in retail management offered by many universities. Alternatively, the students can pursue a doctoral program at Jaipuria Institute of Management.

Master of Business Administration [MBA] (Retail Management) : 4 answered questions

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Ques. How is the BIMTECH retail management course?

● Top Answer By Aaditya Hari Nair on 21 Sept 21

Ans. BIMTECH is considered among the top B-Schools in India. BIMTECH was a pioneer in bringing PG-level courses in Retail as well as Insurance thus enjoying a strong brand -pull from the top recruiters from this domain. Also, the placement record of the last three years for both the courses has been quite good. In the 2021 placements, the average CTC offered at the institute was 8 LPA, while the highest CTC was 16 LPA. Retail is a specialized form of marketing. For this course, BIMTECH assists its students with quality faculties and facilities. Overall, the retail management course offered at the institute is quite good. On the official website of the institute, you will get information regarding various other factors such as previous placements, location, infrastructure, industrial exposure, faculty, activities on campus, etc.Read more
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Ques. How is BIMTECH Noida’s retail management?

● Top Answer By Monika on 05 Jul 21

Ans. BIMTECH Noida is a great match for you if you see your future aspects in the retail sector. After getting into the retail field it would be tough for one to get into core marketing. Here’s why: If you choose retail management specialization it can be tough for you to get core management jobs. On the contrary, marketing students can opt for both core and retail jobs. You need to have a good personality to become a vital part of the retail industry. Below are some qualities which can help you survive in this field for the long term. Excellent leadership skills Strong foothold in providing outstanding customer service The ability to handle stressful situations like customers dealing with cool & calmness. If you think you are lacking some of these qualities, BIMTECH can provide you with navigation towards your goals. BIMTECH is one of the leading institutes for retail management, making it a good option. They offer good placements and emphasize a lot of holistic development. Right from academics to industry exposure to extra and co-curricular activities, focus on 360-degree growth. Categories Retail Management in BIMTECH Course Fee 9.00 lakh Highest CTC 10.3 LPA Average CTC 8.1 LPA Median CTC 5.5 LPA Recruiting Companies Accenture, Aditya Birla, Infosys, L&T, etc. Overall, you must opt for the retail sector if you can handle challenges and if you want to be a part of it in the long run. With good placements and industry exposure, BIMTECH is undoubtedly a good place to study retail management.Read more
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Ques. What is the CAT cutoff for a BIMTECH retail management course?

● Top Answer By Kiran Chugh on 04 Feb 21

Ans. BIMTECH, Greater Noida one of the most desired and highly ranked B-schools in India. It is a preferred destination for MBA or PGDM for CAT 2020 aspirants. Great learning, decent placements, and relatively modest CAT cut-off used in shortlisting for flagship PGDP add to the key strengths of this coveted B-school. Admission:  BIMTECH will accept CAT, XAT to shortlist candidates for the final admission round for PGDM.  For admission to PGDM (RM) and PGDM (IBM), an aspirant is required to have a valid CAT / MAT / XAT / GMAT / CMAT score.  The Retail Management admission is admissible through the MAT / CMAT score also.  Minimum 60 percentile in CAT / XAT and minimum of 80 percentile in MAT/CMAT is required. Along with the good score, student performance is also examined. BIMTECH has its own selection criterion, which includes Written Ability Test (WAT) and Personal Interview (PI) and the student has to perform well in both.Read more
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Ques. How is the retail management course in BIMTECH, Noida? What is its placement?

● Top Answer By Shivani Tiwari on 04 Feb 21

Ans. In the current industry, the demand for retail marketing is increasing. The upcoming market leaders need to be innovative. BIMTECH prepares students for that precisely with proper guidance and industry contacts. It is considered one of the leading B-schools of India. Dissertation and practical projects are an essential part of the PGDM-Retail curriculum of BIMTECH. BIMTECH course work consists of internships, live projects, and industry visits, etc. which will surely give you an upper hand.  Practical Experience: In Retail Management, you will need practical hands-on experience and BIMTECH excels in it.  In the past, students performed hands-on projects in one of the best malls in Delhi along with a faculty.  These practices come in handy if you want to become an expert in communication skills, interpersonal skills, learn body language and read the minds of the customers. Placements: BIMTECH has a promising placement record for Retail Management.  Each student must go through a 3-month internship before the placements. Which is quite beneficial for students. The institutes Centre For Corporate Relations guide the students through the whole process of preparing the CV or preparation for the final placement interview. Madura Fashion & Lifestyle, Aditya Birla Retail, Catwalk, Bata India, Raymonds are some of the top recruiters at BIMTECH. During the summer internship, the institute had about 170 Corporates and organizations that offered three months of internships to 354 first-year students.  The table shows a brief overview of the institution. Median CTC INR 8.13 LPA Highest CTC INR 23 LPA (International), INR 18 LPA (Domesttic) Fees  INR 9 lakhs Entrance Examination CAT/XAT/GMAT Overall, BIMTECH is a great potential choice for retail management. It also has a legacy of offering quality education in the field of management for almost 3 decades. Read more
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Master of Business Administration [MBA] (Retail Management) Fee Structure in India


26.40 K (Minimum Fee)PUBLIC COLLEGES3.02 L  (Maximum Fee)
1.25 L (Average Fee)
28 K (Minimum Fee)Private COLLEGES13.50 L (Maximum Fee)
2.55 L (Average Fee)

Master of Business Administration [MBA] (Retail Management) Fee Structure By state


Maharashtra

2.03 LPUBLIC COLLEGES2.03 L
2.03 L
1.14 LPrivate COLLEGES8.43 L
2.57 L

Uttar Pradesh

3.02 LPUBLIC COLLEGES3.02 L
3.02 L
28 KPrivate COLLEGES6.80 L
2.33 L

Delhi NCR

1.91 LPUBLIC COLLEGES1.91 L
1.91 L
97.40 KPrivate COLLEGES8.40 L
3.75 L

Tamil Nadu

26.40 KPUBLIC COLLEGES72.60 K
46.23 K
84.92 KPrivate COLLEGES2.92 L
2.10 L

Haryana

38.42 KPUBLIC COLLEGES1.91 L
1.15 L
6.95 LPrivate COLLEGES8.40 L
7.67 L

Andhra Pradesh

30 KPUBLIC COLLEGES3 L
1.65 L
68 KPrivate COLLEGES2 L
1.34 L

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National Institute of Retail Management - [NIRM] (2)
Andhra University - [AU] (1)
Footwear Design and Development Institute - [FDDI] (1)
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Admission (2)
Confidence (2)
Course (2)
Industry (2)
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4 Reviews found out of 177280


A
6.5 /10

Campus Life :

Freshers and farewell fest are held in our college, tech fest is not held but conducted useful programs like utility communication skills and healthy debates, etc. All necessary books are available in the library. Sports and other activities are also conducted Au students group is available on social websites.

Placement Experience :

Students get a chance after the 3rd semester on pg. No plans after the completion of post-graduation. I don't know about the placement details as I was met with the accident so I could not attend for campus interview so I don't know the details.

Loan/ Scholarship Provisions :

Actually the fees structures have scholarships but as my father is a railway employee I'm not eligible for the scholarship. The cost of my study is 27000 per year. I didn't get any campus placement as I met with an accident during that time.

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SA
9.3 /10

Faculty :

Faculty are awesome and pretty cool. They all had an ample amount of corporate experience, which helped us get corporate exposure right there on the campus. The faculty members are very helpful and considerate. Their career guidance has been impeccable and the style of teaching is orthodox yet effective.

Admission :

I got admission in this college it was not my decision it was my big brother's decision to take admission in this college and I was little worried about his decision but my father said he is doing the right thing I got admission and then today I realised it was a good decision

Placement Experience :

Placements are pretty good and we are being provided with the proper interview training. NIBM has corporate tie-ups with the many big brands from the media industry including NDTV, Viacom, MTV, Hindustan Times, etc. The packages are also good.

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HK
8.8 /10

Course Curriculum Overview :

The course curriculum was pretty decent and was sufficient enough to enable us to be industry-ready. A dedicated emphasis was paid on the subjects related to the retail sector and practices to manage a retail business. We had a lot of fun while learning. The course structure was pretty neatly crafted in order to psychological prepare the students for the corporate culture.

Campus Life :

Our university has a dedicated Physical education department responsible for promoting sports and athletics among the students. Inter-college tournaments are an integral part of our curriculum. We paid a lot of time to sports activities. There were a lot of guest lectures and workshops on trending topics.

Admission :

I purchased the application form from the college and applied it with all the relevant details. Admissions are granted on the basis of merit. Students are invited for the counselling process, after which you are supposed to go for the document verification process.

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k
9.2 /10

Admission :

Admission process was very simple and easy there. I just have to register myself then pay a amount for it. I have to give choices of my selected location for the same college because the college is having lot of branches so according to my rank wise I was allotted my college. I have to pay a amount for admission and then to the college I just have to give my documents plus pay my fee ad then my admission was done.

Entrance Preview :

FDDI entrance exam end scored 312th rank i choose retails field among many field because this is the most growing field right now Nd most interactive one it reaches to every home plus Fddi is one of the famous institute for retail feild that's why I choose Fddi at my priority Nd luckily I cleared it at one attempt and scored even a good rank.

Placement Experience :

Job opportunities are super high as the retail field is is very fast and vst growing field and brands and market sector is quite big so it is high and options are more for one person to choose among lot of options they can choose according to their quality but at the same time competition is also high because substitute are easily available.

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Master of Business Administration [MBA] (Retail Management) Colleges IN INDIA

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DY Patil University
Navi Mumbai, Maharashtra
4.2 L first year fees
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Amity University
Noida, Uttar Pradesh
NCTE
3.4 L first year fees
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NIMS University
Jaipur, Rajasthan
DCI
60 K first year fees
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Madhav University - [MU]
Sirohi, Rajasthan
NCTE
1.2 L Total fees
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Panjab University - [PU]
Chandigarh, Chandigarh
AICTE
38.43 K Total fees
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70 K first year fees
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1.08 L Total fees
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