The Indian retail market, which is the fifth largest retail destination globally, has been ranked as the most attractive emerging market for investment in the retail sector. With rising consumer demand and greater disposable income, the US$ 400 billion Indian retail sector is clocking an annual growth rate of 30 per cent. A McKinsey report, 'The rise of Indian Consumer Market', estimates that the Indian consumer market is likely to grow four times by 2025. India's overall retail sector is expected to rise to US$ 833 billion by 2013 and to US$ 1.3 trillion by 2018, at a compound annual growth rate (CAGR) of 10 per cent.
The rising boom in the retail industry has led many academic institutions in India to offer Retail Management course. Retail Management is a professional program which prepares graduates to enter in the field of retailing. There is a huge demand for retail management professionals for processing of all merchandise shipments, achieving store sales and profitability, communication with the clients to gain their satisfaction and administration of stores. Retail is all about distribution of the product from the manufacturer to the consumers through short and convenient channels.
A retail management course from reputed career institutes may fetch a dream job. With the spurt of shopping malls and departmental stores, huge employment opportunities are opening up in India and abroad.
Retail Management Course Qualifications:
A candidate opting to enroll for a graduation course in Retail Management should have passed the Higher Secondary or 10+ 2 Examination.
Retail Management Course Benefits:
The curriculum on retail management include subjects like supply chain management, marketing information, finance management, accounting in retail, electronic retailing merchandise management, marketing and business communication. Students also learn about sales promotion with public relation, inventory management, customer relationship, business ethics, retail brand management, business communication, management and organizational behavior, quantitative methods in retailing. Retail management courses open up job prospects in the books and publishing industry, music stores, multiplexes, shopping malls, garment industry and even in the processed foods industry.
Retail Management Courses in India:
The following institutes offer courses in retail management:
Welingkar Institute of Management, Mumbai
K J Somaiya Institute of Management Studies & Research, Mumbai
Mudra Institute of Communications
Indian Retail School
Pearl Academy of Fashion
RPG Institute of Retail Management
SP Jain Institute of Management and Research, Mumbai
Birla Institute of Management Technology, New Delhi
Indian Institute of Jewelry,
nstitute of Technology and Management
Indian Institute of Retail, New Delhi
Symbiosis Centre for Distance Learning (SCDL)
Institute of Management Studies, Mumbai
The Retail Academy, Ahmedabad
various colleges offering the same course...now it your call..you have to choose the best out of it...choose the best the college for your career.:)
find out about the course structure, faculties, summer placements, final placements, etc.
think, analyse n then decide....
all da best....
