Post Graduate Diploma in Management [PGDM] (Retail Management)

Post Graduate Diploma in Retail Management (PGDM-RM) is a 1-year distance learning course or 2 years full-time course. It mainly focuses on the fundamentals of retail management and marketing practices. The minimum eligibility requirements for this postgraduate diploma is a Bachelor’s degree in any discipline.

PGDM-RM is offered by many private colleges and universities. You have to study for theory exams, submit a project and undergo a practical training. The duration of training may vary among different institutes.

Tuition fee for PGDM-RM ranges from INR 20,000 to 60,000 in distance learning mode. It may go up to INR 5 Lacs if you do it full-time from a reputed college or University.

A PGDM-RM graduate has a variety of Career and Job Options. They can get hired in companies like Lifestyle, Big bazaars, Shoppers stop, Reliance Industries, etc. and expect a salary between INR 20,000 to 40,000 per month.  An individual can work as a retail store manager, financial controller, retail sales executive, etc.

PGDM-RM: What is the Course About?

PGDM-RM provides a thorough understanding of the concepts and processes involved in retailing and associated sectors. It covers both academic and practical aspects applicable to best practice in the retail business. An individual learns to apply and evaluate apt techniques that are required for successful retailing.

PGDM RM Syllabus covers topics that involve basics of retailing, consumer behavior, sale, and marketing management, supply chain network and electronic retailing. It mainly focuses on retail management and marketing.

Who should opt for PGDM-RM course?

Anyone who loves being surrounded by brands, wants to become an entrepreneur, possesses managerial skills, creative and professional can opt for this course.

Duration of PGDM-RM

The duration of this course varies with different colleges and universities. In some colleges like Birla Institute of Management Technology, Accman Institute of Management and DAV Institute of Management the duration of this course is 2 years.

PG Diploma in Retail Management (PGDM-RM) offered by distance learning universities like Symbiosis University is of 1 year.

Some colleges also offer this course for 18 months like Asian School of Business Management and Bangalore Management Academy.

Academic Options after PGDM-RM

You can go for PhD after completion of this program. There are many Institutes that offer PhD in Management after passing this course but admission criteria can vary.

PGDM-RM: Top Institutes

Many Management Institutes in India offer PGDM-RM course. Some of these are mentioned below:

Name of Institute

City

Welingkar Institute of Management

Mumbai

Aditya Institute of Management Studies and Research

Mumbai

Institute of Public Enterprise

Hyderabad

NGF College of Engineering & Technology

Palwal

Jaipuria Institute of Management

Lucknow

ITM Global Leadership Center

Mumbai

Indian Retail School

Karnataka

Some colleges that offer PGDM-RM course in distance learning mode are as follows:-

Post Graduate Diploma in Management [PGDM] (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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Post Graduate Diploma in Management [PGDM] (Retail Management) Fee Structure in India


10.76 K (Minimum Fee)PUBLIC COLLEGES44 K  (Maximum Fee)
20.57 K (Average Fee)
5.50 K (Minimum Fee)Private COLLEGES11 L (Maximum Fee)
3.17 L (Average Fee)

Post Graduate Diploma in Management [PGDM] (Retail Management) Fee Structure By state


Maharashtra

44 KPUBLIC COLLEGES44 K
44 K
42 KPrivate COLLEGES11 L
5.52 L

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Post Graduate Diploma in Management [PGDM] (Retail Management) Colleges IN INDIA

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Mumbai University - [MU]
Mumbai, Maharashtra
UGC
22 K first year fees
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Jiwaji University - [JU]
Gwalior, Madhya Pradesh
UGC
30.32 K first year fees
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Jaipuria Institute of Management
Lucknow, Uttar Pradesh
AICTE
1.75 L first year fees
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11.5 K first year fees
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