Your career option after doing courses in Retail
Retail is no longer solely in the hands of small businessmen. As a result, the sector is getting more organized and structured now. India boasts of 5.5 outlets per 1,000 people (according to CII report), and the opportunities are growing in the retail sector. The idea behind organized retail is to offer the consumer everything under one roof. Being one of the fast growing sectors, retail industry offers highly lucrative career opportunities. It offers more than 2 million job opportunities in the world.
If you are interested in this field, you can either take up a degree or diploma in retail management. Popular programmes include MBA in retail management, Post Graduate Diploma in Retail Management, etc. The subject is also offered as specialised paper with MBA or other subjects.
Eligibility:
For undergraduate programme, one must be a 12th passed. For MBA, you must have a bachelor's degree.
Career Prospects:
Retail management professionals are in high demand in India as well as abroad. With big brands opening retail chains all over the world, it has opened up huge opportunities for retail management professionals. Career prospects are high in the following sectors:
- Purchase and Services
- Designing and developing new products
- Predicting and acting on market trends
- Visual Merchandisers
- Supply Chain Distributors
- In promotional strategies
- Planning the merchandise mix
- Servicing customers
- Marketing Executives
Depending on the various job positions, salary package ranges from 6000 to 20000 per month excluding special packages, bonus and incentives.
