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Retail Management- Career Scope, Job Opportunities & Top Colleges

The Retail Management is a profession regarding the promotion of retail stores through by offering customer satisfaction to its customers. Literarily, the demands for business management specialists are found increasing on day to day. The growth percentage of global retail industry on last year (2015) was 35% whereas, in India, it was 25%.

Those who wish to become Retail Management specialist can achieve that skills by getting trained from an Institute that offering courses in Retail Management. There are various 5-8 months long certificate courses, bachelor’s degree courses and master’s degree courses in retail management. Admissions to the retail management courses other than certificate courses are based on the entrance exam scores. In India, there are many institutes that offering courses in retail management. Below, we are showing you the top institutes offering courses in Retail Management.

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List of Retail Management Courses Available In India

  • Certificate course in Retail Management (6Months to 1 year)
  • Diploma in Retail Management (2-3yrs)
  • Bachelor of Fashion Retail Management (3 Years)
  • BSC Retail Management (3 Years)
  • MBA In Retail Management (2 Yrs)
  • PG Diploma in Fashion Retail Management

Career in Retail Management

A candidate who is specialized in retail management can work as a business development executive, client relationship manager, market researcher or business executive.  As 70% of commodities are purchased through the retail stores, there are huge demands of retail managers across the world.  In India, there are too many job opportunities are waiting for the candidates who have a specialization in Retail Management. According to the Survey of Indian Brand Equity Foundation (IBEF), the Indian retail marketing and e-commerce market will expand to over US$ 100 billion by 2020 from US$ 3.5 billion in 2014. List of the names of Top Companies hiring retail management specialists in India are-

  • Paytm
  • MobiKwik
  • HomeShop18
  • Flipkart
  • Amazon India
  • FashionAndYou
  • Snap deal
  • Aditya Birla Retail,
  • Sbarro
  • Wal-Mart India Private Ltd
  • Tesco

Salary of a Retail Management Professional

The salary for a candidate who is working in the retail manager position is based on the skills, type of company and position in which he working for. Typically, in India, a fresher level candidate in who specialized in retail management can earn a sum above INR 4Lac – 7 Lac per annum.

Best Institutes in India that offering courses in Retail management

Here are the names of best institutes in India that offering courses in Retail Management.

Sl. No College Name
1. K J Somaiya Institute of Management Studies and Research
2. Birla Institute of Technology
3. Institute of Public Enterprise
4. Amity Business School
5. N Welingkar Institute of Management, Development and Research

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