MBA Retail Management Admission 2024: MBA in Retail Management is a 2-year course that covers marketing and sales strategies in the retail industry. The course teaches network marketing, global product sales, and management skills to prepare students for the fast-paced retail industry. Topics covered include marketing management, corporate finance, statistics for business analysis, and more. The course fees range from INR 48,000 to INR 2,40,000 per year, and eligibility requires a minimum of 50% marks in graduation. Job roles after completing the course include Retail Store Manager, Regional Manager, Branch Manager, Institutional Sales Manager, Service Manager, and more.
MBA Retail Management Admission Latest Update
- Indian Institute of Management (IIM) Udaipur, Udaipur, introduces an innovative MBA Retail Management program. Eligibility: Bachelor’s degree with minimum 50% marks. Program Fees: ₹18,00,000 (for the entire course). Deadline: 31 July 2024. For more information, visit https://www.iimu.ac.in/.
- K.J. Somaiya Institute of Management Studies and Research (SIMSR), Mumbai, offers a transformative MBA Retail Management program. Requirements: Graduation with at least 50% marks. Tuition Cost: ₹15,00,000 (for the complete program). Submission due date: July 31, 2024. Explore further at https://www.somaiya.edu/simsr/.
- Birla Institute of Management Technology (BIMTECH), Greater Noida, unveils a cutting-edge MBA Retail Management program. Prerequisites: Undergraduate degree with minimum 50% marks. Course Expense: ₹12,00,000 (for the full course). Last Date to Apply: 25 July 2024. Learn more at https://www.bimtech.ac.in/.
- Symbiosis Institute of Operations Management (SIOM), Nashik, presents a comprehensive MBA Retail Management program. Eligibility Criteria: Bachelor’s degree with at least 50% marks. Program Fees: ₹10,00,000 (for the entire program). Last date of admission: July 25, 2024. Discover further details at https://www.siom.in/.
MBA Retail Management Admission 2024 Highlights
Full Form | Master of Business Administration in Retail Management |
About the Course | A 2-year postgraduate course providing skills and knowledge for managing operations in the retail industry. |
Duration | 2 years |
Eligibility | UG degree with a minimum of 50% aggregate marks from a recognized university. |
Examinations | CAT, MAT, XAT, and CMAT |
Fee | INR 48,000 to INR 2,40,000 per year |
Approval | UGC/AICTE |
Job Opportunities | Retail Store Manager, Regional Manager, Branch Manager, Institutional Sales Manager, Service Manager, etc. |
Admission Process | Based on performance in entrance exams, followed by group discussion (GD) and personal interview (PI). Some colleges may offer direct admission based on merit or management quota. |
Subjects | Human Resource Management, Managerial Economics, etc. |
Distance Education | Available |
Admission Date | July 2024 |
University | IMTS Institute, William Carey University, NILM University |
Entrance Exam | May 2024 |
Placement | ABN Amro Bank, ACCENTURE, Adobe, Barclays Bank, CNBCTV, Coca-Cola, Dabur |
The MBA in Retail Management course covers a variety of strategies that can help a business make more money. The curriculum also teaches the applicants how to do network marketing and sell products all over the world. It also focuses on management skills to prepare future candidates for the fast-paced retail industry.
Some topics covered in the MBA Retail Management courses are marketing management, corporate finance, statistics for business analysis, and more. The full cost of an MBA retail management program is usually between INR 48,000 and INR 2,40,000 per year.
MBA Retail Management Entrance Exams:
- IIM Udaipur accepts scores from the Common Admission Test (CAT) for admission to the MBA Retail Management program. The registration deadline for CAT is typically in September.
- SIMSR considers scores from the K.J. Somaiya Institute of Management Studies and Research Entrance Test (SIMSRET) for admission to the MBA Retail Management program. The application deadline for SIMSRET is usually in November.
- BIMTECH conducts the BIMTECH Admission Test (BAT) for admission to the MBA Retail Management program. The last date to apply for BAT is generally in May.
- SIOM accepts scores from the Symbiosis National Aptitude Test (SNAP) for admission to the MBA Retail Management program. The registration deadline for SNAP is typically in November.
Eligibility Criteria for MBA Retail Management Admission
Aspirants can apply to the MBA program in Retail Management at universities or institutions like Alliance University, Jaipuria Institute of Management, JIMS Rohini, etc. The minimum requirements for admission to the MBA RM program are listed below.
- MBA Retail Management Admission requires a UG degree from any discipline.
- A BBA degree in a specialized subject is preferred for admission.
- They must graduate with an overall average of at least 50%. However, this varies from college to college.
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MBA Retail Management Admission 2024
MBA Retail Management admission begins in the form of online and offline for a current year cycle. Eligible applicants can submit the MBA RM application form in any proposed options. The Retail Management program’s registration fee is approximately between INR 350 and INR 1,600.
The applicants who hold a UG degree from a UGC-approved university with a 50% marks are eligible to pursue the program. Admission to the MBA RM program is decided on the entrance exam score in many top business schools.
Applicants with the assistance of a debit card/credit card, mobile internet banking, or any other available manner deposit the MBA Retail Management Application fee.
MBA Retail Management Entrance Exam
Entrance test performance is to be considered for admission. Thus, applicants need to pass university, state, or national level entrance exams such as CAT, MAT, CMAT, etc., for admission.
Applicants can check their admission status by reaching out to the admission portal and using the credentials offered after submitting the application form earlier.
Top Colleges for MBA Retail Management Admission 2024
Numerous colleges/ universities from all over India offer an MBA in Retail Management program annually. Below is given a list of some top colleges/ universities.
- BIMTECH
- Jankidevi Bajaj Institute of Management Studies
- Jaipuria Institute of Management
- K J Somaiya Institute of Management
- Vivekananda Global University
- Noida International University
Scope of MBA Retail Management CourseÂ
For a specific group of individuals interested in pursuing a career in businesses like movie theaters, grocery stores, MNCs, insurance companies, pharmaceutical companies, and more, the MBA in Retail Management is the ideal choice.Â
MBA Retail Management Admission: Salary & Job Profiles
After completing an MBA in Retail Management degree from a regular university in India, candidates can opt for any of the job profiles listed below.Â
- Store Manager
- Brand Manager
- Marketing Manager
- Senior Operation Manager
The initial salary package of MBA RM-based professionals ranges from INR 2,50,000 to 3,80,000 per annum. Experienced professionals earn between INR 4 LPA and INR 12 LPA in well-established organizations.
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