By: noina dodo
Submitted: 2010-06-21 23:25:13 | Word Count: 864
Retail is the fastest growing sector in India today. With many big players setting foot in the industry, the world is certain to grow manifold. The growing number of looking malls and departmental stores has thrown up endless job opportunities in India and abroad. Trade insiders estimate a growth rate of thirty to forty percent in India within the retail sector and there can be a demand for an estimated 80 lakh trained professionals.. Hence, it is an opportune time to join a course in Retail Management and bag employment during this promising field. Recognizing the demand for skilled professionals during this field, several 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 knowledge that you may require on courses in retail management.The retail sector is currently more organized and efficient. The retail revolution has modified not just the urban lifestyle however also the life-style in small towns. So, for a retail management graduate, there are opportunities galore across the country within the books and publishing business, music stores, multiplexes, shopping malls, garment trade and also within the processed foods industry. Somebody opting for a graduation course in Retail Management should ideally have passed the Higher Secondary or ten+ 2 Examination.
The curriculum on retail management could be a very comprehensive one and includes detailed data on provide chain management, marketing info, finance management, accounting in retail, retail complete management, business communication, psychology of retail shoppers, electronic retailing merchandise management, promoting and business communication, sales promotion with public relation , inventory management, client relationship, business ethics, management and organizational behavior, quantitative strategies in retailing.
In the retail industry, the largest demand is for an economical retail manager. After that, there are positions like inventory manager, looking operational manager, floor manager and personnel for customer service. The related options are in human resources, finance and system management.
There are various institutes that supply retail management courses. One such institute is Welingkar Institute of Management Development and Research, Maharashtra, that offers a two-year specialized course in retail. The opposite course offered by the institute could be a postgraduate course in retail management. The institute guarantees campus placements at varied retail stores like Pantaloon, Shopper's Stop, Globus and Westside.
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Birla Institute Of Management Technology primarily based in New Delhi offers a 2-year Post Graduate Diploma in Retailing and Merchandising Management (PGDRMM). The course offers coaching in retailing and merchandising management with a blend of business interaction. One has to qualify the CAT, MAT entrance examination and then clear an interview round to get admission. The institute additionally provides hostel facility. There's a full of life campus placement programme.
The course syllabus includes Retail concepts & Environment, Selling Management, Merchandising Management, Business Communication, Retail Store Management and Analysis Methodology
Down south, the Madurai Kamaraj University has return up with new courses in retail management to be offered through its Directorate of Distance Education. The new courses embody Postgraduate Diploma in Retail Management, Master of Business Administration in Retail Management and Bachelor of Business Administration in the same specialisation.
In Mumbai, the K J Somaiya Institute of Management and Analysis offers a Post Graduate Diploma in Management- Retail. It is a full-time two year course and covers a wide range of topics regarding general management , Retail Management , operations and soft skills together with hands on experience in the offices/retailers of Pantaloon Retail (India) Limited.
A number of the opposite institutes providing retail management courses in India embody Asia-Pacific Institute of Management, New Delhi, Indian Retail Faculty, New Delhi, SASMIRA, Mumbai, Garware Institute of Career Education and Development, Mumbai, Pearl Academy of Fashion, New Delhi, Mudra Institute of Communications, Ahmedabad, Retailers Association of India, Mumbai, Kohinoor Business School, Khandala and Apeejay Institute of Business Studies, Gurgaon besides others. Then, there's Metropolitan Institute of Management in Pune, The Retail Academy in Ahmedabad, The RPG institute of Retail Management in Chennai, Ebony Retail Academy in Delhi and Vidya Institute for Girls in Delhi.
Once a candidate has acquired relevant qualification in retail management, he/she will be able to anticipate a blossoming career. The Indian retail business is set to witness positive changes in recent future. The future of retail business operations in India looks very bright and it will supply rewarding job opportunities. In fact, in terms of job opportunities, the world could soon surpass different lucrative new generation careers like IT, BPO and hospitality. Someone with knack for proper planning, accurate identification of wants, ability to interact with folks together with downside solving and fast decision making skills will simply build a successful career in this field. Pleasing manners, resourcefulness and good memory are added assets during this field. There are enough vacancies from the entry level to senior management level.
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