Online MBA in Retail Management
Link copied to ClipboardThe online MBA in Retail Management is a 2-year postgraduate management program designed to develop the essential leadership abilities and strategic perspective required to excel in dynamic retail careers
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Offered By -3 Universities
Course Duration - 2 years
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Online MBA in Retail Management
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Online MBA in Retail Management : Overview
Brief Overview of the Online MBA in Retail Management
The online MBA in Retail Management is a 2-year postgraduate management program designed to develop the essential leadership abilities and strategic perspective required to excel in dynamic retail careers. With the retail sector undergoing rapid digital transformation and innovations, this advanced course equips students with cutting-edge concepts, techniques, and perspectives to drive success in retail.
The curriculum provides in-depth exposure to core retail management disciplines, including store operations, supply chain optimization, merchandising strategies, consumer behavior analysis, integrated marketing, and omnichannel sales. Expert faculty use interactive teaching methods like live case studies, retail simulations, capstone projects, design thinking exercises, and more to deliver practical, hands-on learning experiences. Students gain vital analytical and problem-solving skills to identify new opportunities, craft innovative solutions, and drive sustainable growth and profitability in retail. The program aims to cultivate strategic thinking, customer-centric mindset, entrepreneurial orientation, and leadership capabilities in graduates to prepare them for rewarding retail leadership careers. Retail experts supplement Theoretical knowledge with industry visits, guest lectures, and workshop sessions.
Key Highlights Of The Online MBA in Retail Management
- UGC, AICTE, and other regulatory bodies approve the online Retail Management MBA equivalent to a full-time MBA degree.
The curriculum incorporates the latest retail management concepts like omnichannel retailing, digital transformation of stores, data analytics and AI in retail, Internet of Things, blockchain, augmented reality, robotics, and other emerging retail technologies. - Interactive pedagogy using real-world case studies, retail simulations, capstone projects, and design thinking exercises provides a hands-on practical learning experience.
- Students gain expertise in core retail skills like consumer behavior analysis, customer relationship management, merchandise planning, pricing strategies, retail branding, integrated marketing communications, retail analytics, supply chain optimization, and more.
- After graduation, students can pursue rewarding leadership careers in retail organizations as Retail Store Managers, Visual Merchandisers, Category Managers, Purchase Managers, Brand Managers, etc.
Eligibility Criteria For The Online MBA in Retail Management
Graduates from any stream, including arts, commerce, science, etc., can pursue the online MBA in Retail Management. There is no minimum percentage requirement. Final-year undergraduate students can also apply. Relevant work experience provides an advantage but is not mandatory.
Career Opportunities After Completion Of The Online MBA in Retail Management
- Retail Store Manager - As a store manager, professionals handle the overall retail store operations, including managing staff, monitoring sales and profits goals, maintaining inventory and budgets, loss prevention, and ensuring excellent customer service.
- Merchandiser - Merchandisers develop product assortments, plan promotional campaigns, track sales, identify emerging trends, and manage vendor relationships to optimize the supply chain.
- Category Manager - Category managers devise strategies for specific product categories in areas like pricing, assortment, promotions, the introduction of new products, etc., to drive category growth and profitability.
- Marketing Manager - Retail marketing managers conceptualize integrated marketing campaigns across channels, create brand awareness through promotions and events, and drive customer engagement and loyalty.
- Purchase Manager - As a purchase manager, professionals manage the retail procurement process and vendor relationships to ensure efficient inventory management and supply chain sustainability.
Also Read: Online MBA Admission 2024 - Eligibility & Top College
Other Specialization in Online MBA
Frequently Asked Queries
With retail expanding rapidly, demand for skilled professionals is high across e-commerce and brick-and-mortar stores in India. Lucrative roles in marketing, merchandising, store ops, supply chain, etc. exist.
The online format offers flexibility to plan studies along with work. Classes are scheduled on weekends and weeknights. The course duration can also be extended.
For hands-on learning, the curriculum incorporates retail analytics software like SAS, Oracle Retail, and Nielsen Retail Analytics.
Leading retail companies provide dedicated placement assistance with resume building, mock interviews, and recruitment drives.
The fee varies from INR 80,000 to 300,000 based on the university. Scholarships and education loans provide affordable options.
