Retail is the fastest growing sector in India today. With many big players setting foot in the industry, the sector is bound to grow manifold. The growing number of shopping malls and departmental stores has thrown up endless job opportunities in India and abroad. Industry insiders estimate a growth rate of 30 to 40 percent in India in the retail sector and there will be a requirement for an estimated 80 lakh trained professionals.. Hence, it is an opportune time to join a course in Retail Management and bag a job in this promising field. Recognizing the demand for skilled professionals in this field, many institutes have started courses and training programmes at the undergraduate and post graduate level to create skilled manpower for this industry. Here’s all the information that you may require on courses in retail management.

The retail sector is now more organized and efficient. The retail revolution has changed not just the urban lifestyle but also the lifestyle in small towns. Thus, for a retail management graduate, there are opportunities galore across the country in the books and publishing industry, music stores, multiplexes, shopping malls, garment industry and also in the processed foods industry. Somebody opting for a graduation course in Retail Management should ideally have passed the Higher Secondary or 10+ 2 Examination.

The curriculum on retail management is a very comprehensive one and includes detailed information on supply chain management, marketing information, finance management, accounting in retail, retail brand management, business communication, psychology of retail shoppers, electronic retailing merchandise management, marketing and business communication, sales promotion with public relation ,inventory management, customer relationship, business ethics, management and organizational behavior, quantitative methods in retailing.

In the retail industry, the biggest demand is for an efficient retail manager. After that, there are positions such as inventory manager, shopping operational manager, floor manager and personnel for customer service. The related options are in human resources, finance and system management.

There are many institutes that offer retail management courses. One such institute is Welingkar Institute of Management Development and Research, Maharashtra, which offers a two-year specialized course in retail. The other course offered by the institute is a postgraduate course in retail management. The institute promises campus placements at various retail stores like Pantaloon, Shopper's Stop, Globus and Westside.

Birla Institute Of Management Technology based in New Delhi offers a two-year Post Graduate Diploma in Retailing and Merchandising Management (PGDRMM). The course offers training in retailing and merchandising management with a blend of industry interaction. One has to qualify the CAT, MAT entrance examination and then clear an interview round to get admission. The institute also provides hostel facility. There is an active campus placement programme.

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