How To Get Into The Music Industry As A Manager Make a Booming Career in Retail Management

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Make a Booming Career in Retail Management

Retail is one of the fastest growing sectors in India today. With so many big players starting in the industry, the sector is tied to a lot of growth. The rise of supermarkets and department stores has created endless job opportunities in India and abroad. Industry insiders estimate the growth rate of 30 to 40 per cent in India in the retail sector and there will be a demand for about 80 million trained professionals.

Therefore, it is an opportunity to attend a course in retail management and grab a job in this potential field. Recognizing the need for professionals in the field, many institutes have started training and training programs at the undergraduate and postgraduate levels to create a skilled workforce for the industry. Here is all the information you may need in a retail management course.

The retail sector is now more organized and efficient. The retail revolution has changed not only the urban lifestyle but also the small urban lifestyle. Therefore, for graduates of retail management, there are many opportunities across the country in the fields of books and publishing, music stores, supermarkets, the garment industry and also in the food processing industry. Anyone opting for a graduate course in retail management should ideally have passed the high school exam or the 10+ 2 exam.

The retail management curriculum is very comprehensive and includes supply chain details, market information, financial management, retail accounting, retail branding, business communications, retail buyer’s psychology, retail inventory management. Electronic Marketing and Business Relations, Sales, Public Relations, Inventory, Customer Relations, Business Ethics, Management and Organizational Behavior, Quantitative Methods in Retail.

In the retail industry, the biggest need is for an effective retail manager. Then there are positions such as inventory manager, operations manager, floor manager and customer service staff. Relevant options are in HR, finance and system management.

There are several institutes that offer retail management courses. One institute is the Welingkar Institute of Management and Management Research, Maharashtra, which offers a two-year specialized course in retail. Other courses offered by the institute are postgraduate courses. The institute promises to locate campuses at retail outlets such as Pantaloon, Shopper’s Stop, Globus and Westside.

The New Delhi-based Birla Institute of Management Technology offers a two-year postgraduate degree in Retail and Commodity Management (PGDRMM). This course provides training in retail management and inventory management with a combination of industry interactions. One has to qualify for the CAT, MAT and then clear the interview round to get admission. The institute also provides accommodation. There is an active campus location program.

Curriculum includes retail and environmental concepts, marketing management, product management, trade relations, retail store management and research methods.

In the south, Madurai Kamaraj University has developed a new retail management course offered through its Department of Distance Education. The new courses include Postgraduate Degree in Retail Management, Master of Business Administration in Retail Management and Bachelor of Business Administration in the same field.

In Mumbai, KJ Somaiya Institute of Management and Research offers a Postgraduate Degree in Management-Retail. It is a two-year full-time course covering a wide range of topics related to general management, retail management, operations and soft skills, as well as Pantaloon Retail (India) Limited office / store experience.

Other institutes offering retail management courses in India include Asia-Pacific Management Institute, New Delhi, Indian Retail School, New Delhi, SASMIRA, Mumbai, Garware Institute of Education and Career Development, Mumbai Pearl Academy. New Delhi, Mudra Institute of Communications, Ahmedabad, Retailers Association of India, Mumbai, Kohinoor Business School, Khandala and Apeejay Institute of Business Studies, Gurgaon among others. Then there is the Metropolitan Institute of Management in Pune, The Retail Academy in Ahmedabad, the RPG Institute of Retail Management in Chennai, the Ebony Retail Academy in Delhi and the Vidya Institute for Women in Delhi.

Once a candidate has relevant qualifications in retail management, he / she can look forward to a growing career. India’s retail industry is set to see positive changes in the near future. The future of retail business operations in India seems bright and it can provide valuable job opportunities. In fact, in terms of job opportunities, the sector may surpass the soon-to-be-paid new generation of careers such as IT, BPO and hospitality. Individuals with the skills of proper planning, accurate identification of needs, the ability to communicate with people along with problem solving and quick decision making skills can easily create a successful career in this field. Delightful attitude, resources and good memory are adding wealth in this field. There are enough vacancies from entry level to senior management.

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