Master of Business Administration

Retail Management | MBA-RM(FT)

The economy today has changed drastically over the years. With digitization, it has become a lot easier to reach the consumers. The purchasing power of today’s population is also increasing with each passing day. This has bought an increase in the retail business. It has expanded extensively. E-commerce websites are in a bloom with digitization. Merchandising, retail selling, IT, buying of retail, franchising etc. are few of the necessary skills required to get into retail business or company. MBA in retail management courses is necessary to understand the industry completely and make a successful career in it. The blooming business of retail needs smart business minds and the course prepares the students exactly for that. They are imbibed with the qualities needed to handle retail management. With masters in retail management, each and every student gains perspective for a fierce and competitive market of the industry.  K. J. Somaiya’s Institute of Management strives to create a better future for the students to make them the leaders in their respective field of career in the long run.

 
 
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Key Information

The course is a through study of retail management across the globe. It prepares the students to deal with any hurdle or situation and take on any challenges in their career pertaining to this industry. They are taught merchandising and retailing concepts and capability to seamlessly carry out interpersonal communication. With assigning hands-on projects of retailing, they are made to practice their learnings and skills of the syllabus. Developing practical knowledge with retail management degree makes them ready for their bright career ahead in any institution or organization. K. J. Somaiya’s Institute of Management is known to have the best retail management course in India because of its commitment towards providing the best to all the students be it inside or outside of class. 

  • Innately designed Program

    The program strives to create a new generation of smart retail professionals of international calibre and aims to equip them with the best practices being followed across the globe. “The retail sector gives a unique opportunity to experiment, which no other sector probably gives”.

  • Consolidated yet Dynamic Curriculum

    In the quest to expand the horizons of a future retail manager, to hone their skills and develop their forte, the curriculum encompasses the latest advancements in the industry.

  • Magnum Opus of RM

    SIMSR- the mecca of retail management caters to a niche segment and provides profound knowledge of Retail management to impassioned future managers.

  • Revivifying your career

    Perfect choice for people who have the right attitude with commitment to service and are willing to go an extra mile to satisfy add real value to the business. Candidates with RM can start career in supervisory, merchandise shipment, supply chain distribution, analyst, and administrative services or an image promoter.

  • Retailing Insight

    National Retail Summit- an opportunity to get first-hand knowledge of three domains - brick and mortar retailing, online retailing and omnichannel retailing. It is an intrinsic, live case study based competition, providing insight of a company’s dilemma in the retail sector and its problem solving techniques. It provides the platform for the learning from the industry experts and understanding the experiences of retailers. Retail Mela, part of NRS makes the students to understand the nuances of retail business, both organized and unorganized as well helps them in developing and enhancing their leadership skills.

  • Career Opportunities in MBA(Retail Management)

    • Retail Consultant
    • Sales, Marketing, Advertising/ Marketing Communications and Related Jobs
    • Brand Managers
    • Store Design and Management
    • Store Managers
    • Visual Merchandisers
    • Retail Designers
    • Merchandise Planning and Product Developers
    • Customer Service Managers
    • Retail Analysts
    • Business Analysts
    • Store Operations Manager
    • Logistics and Supply Chain Manager

First Year

Trimester 1

  • Business Communication
  • Business Perspectives in Global Context
  • Business Statistics**
  • Financial Accounting
  • Information Technology for Management
  • Leadership and Organizational Behaviour
  • Managerial Economics
  • Marketing Management - I**

Trimester 2

  • Business Research**
  • Financial Management
  • Human Resource Management
  • Macro Economics
  • Marketing Mangement - II**
  • Design and Management of Information Systems
  • Operations Management
  • Retail Management and Strategy

Trimester 3

  • Category Management and Franchising
  • Digital and Social Media Marketing
  • Consumer Behavior
  • Foundations in Data Science **
  • Logistics and Supply Chain Management
  • Market Research
  • Operation Research**
  • Retail Finance and Analytics
Note:-**Along with the regular hours, additional hours will be there for the value-added tutorials. (30 + 15 = 45 hrs)

Trimester 4

  • Facility and Mall Management
  • Integrated Marketing Communications
  • International Business
  • Store Operations
  • Retailing of Services
  • Strategic Management
  • Sourcing and Merchandising Management
  • Visual Merchandising and e-Retailing

Trimester 5

  • Brand and Privte Label Management
  • BPR and Benchmarking
  • Customer Engagement Management
  • Luxury Marketing
  • New Ventures in Retail
  • Sales Management & B2B Marketing

Trimester 6

  • Competitive Decision Making
  • Customer Relationship Management (CRM)
  • Lifestyle and Fashion Retailing
  • Food Retailing
  • Leadership Lab
  • Legal and Ethical Aspects of Retail Business
  • Project Management
  • Rural Retailing
  • Ankur Experiential Learning Initiative**
Note:- ** It is voluntary course. Those students who opt for and selected for Ankur ELI will be given a certificate of completion as it is a Non-Credit course.

Aspirants  will be shortlisted for the selection process  if they clear the cut-off of either CAT 2020/ XAT 2021 /CMAT 2021 /NMAT(Nov 2020 -10th Feb 2021) & GMAT score valid from Jan 2018 till 10th Feb 2021.

The consolidated merit position of every aspirant will be declared based on aspirants Profile +  performance in the GD and PI. The candidates can then again choose   a programme in the counselling round based on their preference and merit rank . The institute will allocate seats in programme based on merit rank, seat  availability and also allot waitlist number for other choices of the aspirant.

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