The Online/Distance MBA in Retail Management is one of the best management courses that enables candidates to learn while they attend to their responsibilities or seek employment in the retail field. It is taught by professionals in the field, and in practical matters, it focuses on details through cases and assignments. It is suitable for those juggling work and it helps to open up employment as retail managers, store managers, and e-commerce analysts.
MBAs in Retail Management provide a wide range of innovative skills that help students manage retail businesses and entrepreneurship successfully. The specific topics and subjects of a Online/Distance MBA in Retail Management are principles of management, Retail Management, customer relationship management, consumer behavior, retail marketing, managerial economics, business communication, financial accounting, human resource, operations management, luxury and lifestyle retailing, business law, managerial communication, digital marketing and many more. Completing an Online/Distance MBA in Retail Management opens a wide range of job options for graduates, including retail manager, marketing manager, supply chain manager, store manager, merchandising manager, management consultant, entrepreneurship, brand management, operations management, HR management financial management business analyst financial analyst marketing manager investment manager, etc.
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The candidate should possess a bachelor’s degree in any field from a recognized University. Few programs may look at candidates who already have prior work experience in the retail industry, this is not a necessity. There could be entrance tests such as CAT or MAT, and an interview.
Some of the entrance exams for admission into a Online/Distance MBA in Retail Management are CAT, MAT, XAT, or any test conducted by the relevant institution. These tests are aimed at evaluating the professional competence of the candidates in quantitative skills, logical reasoning, and especially their verbal ability. The performance on these tests is taken into account when it comes to admission as well as records in academics and working experience. Cramming for these exams goes a long way in boosting your chances of getting placed in a credible program.
Online/Distance MBA in Retail Management provides the opportunity for employment in areas such as retail manager, store manager, merchandising manager, e-commerce etc. Graduates can work in promotions of retail chains, companies operating in the e-commerce markets, and companies that deal in supply chain management.
Online//Distance MBA in Retail Management Job Profiles | Job Description (Responsibility) | Average Salary |
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Sales Executive | The Sales Executive is responsible for generating sales for a company. Their major work is to find new prospects and convert them into customers or users. | ₹ 4.7 LPA - ₹ 5.8 LPA |
Floor Manager | A Floor Manager is responsible for the day-to-day management of store activities, supervising staff in performing their duties effectively, managing inventory by ensuring there is adequate stock to meet the customers requirement | ₹ 10.1 LPA - ₹ 12.4 LPA |
Store Manager | The store Manager is responsible for developing strategies to improve customer service and drive store sales thet leads to increase in profitability. | ₹ 7.5 LPA - ₹ 11.2 LPA |
Customer Care Executive | Customer Care Executives are responsible for handling customer's concern, complaints over phone, email, live chat or sms and providing them detailed information about a product or service. | ₹ 3 LPA - ₹ 4.5 LPA |
Top Recruiters Company for Distance MBA in Retail Management |
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DMart |
Adidas Group |
Shopper stop |
Hitachi |
Zudio |
Capegemini |
Reliance Retail limited |
V-Mart |
IKEA |
Walmart |
Pinnacle Solutions |
With expert guidance on every step of the application procedure, NEEV ensures that candidates complete all necessary paperwork accurately and on schedule. They provide assistance with document preparation, interview coaching, and scholarship resources. By delivering personalized support and rich resources, NEEV significantly improves applicants' chances of securing admission to their preferred institutions, making the entire journey more efficient and stress-free.
The admission process for a distance MBA in Retail Management is simple and smooth, with small standard steps to meet the eligibility criteria and register a seat in the college. Detailed information about admission and registration processes for the program is available on the official website of the college, along with the application form and other requirements. Making fee payments for the program through the online admission process is also simple and completely secure, providing a convenient enrollment experience among individuals.
Login to the admission portal by using your credentials shared on registered email id or you can directly login by entering an OTP received on the registered mobile number.
The next step is filling out all the details in the application form such as personal details, educational qualification and other details as required by the University.
Upload all the scanned documents, including high school, intermediate, and Graduation Mark sheets along with the Aadhar card and ABC (Academic Bank Credits) ID.
To finish the application, submit the academic fees online through debit, credit card, Net banking, UPI or you may also opt for a finance option. Interest-free Loan options are also available in which you can pay your fees in easy EMIs.
The University will then verify your documents and send you a confirmation mail regarding your admission, along with the login credentials to access your learning management system (LMS).
Common Employment Areas for Online/Distance MBA in Retail Management are typically found in leading retailers, online sellers, and supply chain enterprises. They get job opportunities in managerial, merchandising and operational capacities.
Online/Distance MBA in Retail Management Colleges | Online/Distance MBA in Retail Management Average Package |
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IGNOU - Indira Gandhi National Open University | ₹ 2.7 LPA - INR 7.5 LPA |
School of Open Learning, University of Delhi | ₹ 3 LPA - INR 10.5 LPA |
Symbiosis Centre for Distance Learning, Delhi | ₹ 3.6 LPA - INR 12.5 LPA |
ICFAI University – Distance Education | ₹ 3.2 LPA - INR 14.2 LPA |
Career opportunities in the field of distance MBA in Retail Management are related to retail management, e-commerce, supply chain, merchandising etc.
A person who has completed a distance MBA in Retail Management is responsible for the day-to-day running of a retail business, including the formulation of such business' marketing strategies and streamlining of supply chains.
Potential career opportunities for Retail Management MBA graduate position include a retail manager, store manager, merchandiser and e-commerce analyst.
The average salary after an MBA in Retail Management in distance mode varies from INR500000 to 900000 per annum depending upon the experienced years and locality.
The requirements for Distance MBA in Retail Management are minimum graduation in any discipline, work experience and you may need to take up some basic CAT/CMAT/MAT scores.
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