Retail
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New answer posted
a year agoContributor-Level 10
The freshers in this field are offered an annual salary between the range of INR 2 Lacs and INR 4 lakh. As they climb up the professional ladder, their compensation may increase.
Experience Level | Salary Range (in INR) |
|---|---|
Entry Level | INR 2 Lacs - INR 84lakh |
Mid-Level | INR 4 lakh- INR 10 lakh |
Senior Level | INR10 Lacs and above |
New answer posted
a year agoContributor-Level 10
The minimum criteria to pursue a retail course at a UG level is passing Class 12 from a recognised board. The candidates may have to appear for the entrance exams accepted by the college or university. At the PG level, candidates must have completed graduation from a recognised university with a minimum of 50% aggregate and they may be required to appear for an entrance exam. Most of the institutes accept candidates on the basis of entrance exam scores like CAT, XAT, CMAT, MAT, SNAP, etc.
New answer posted
a year agoContributor-Level 10
One of the global sectors with the highest growth is the retail sector. People are now switching to online shopping because of technology which has increased competition in this market. Some of the retail courses are:
Degrees in Retail | Name of Retail Course | Duration |
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Retail Courses After 10+2 |
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Retail Courses After Graduation |
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Retail Courses After Postgraduation |
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New answer posted
a year agoContributor-Level 10
Retail is the selling of merchandise and services to consumers. As the last step in the supply chain, it involves making items accessible to the general public via a variety of distribution channels. Marketing, merchandising, inventory management, customer service and sales are just a few of the many tasks involved in retail. The retail sector is enormous and diverse including a wide range of goods and services including apparel, electronics, food, home goods, cars, cosmetics and more.
New answer posted
a year agoContributor-Level 10
Some of the basic roles and responsibilities of a Retail Banker include promoting the bank's products, developing consumer relationships, providing financial advice, updating consumers' data, managing administration, achieving targets, etc.
New answer posted
a year agoContributor-Level 10
MBA in Retail Management programme is tailored for individuals interested in the retail sector, including roles in store management, supply chain management, merchandising and marketing within retail organizations.
On the other hand, MBA in Hospital Management is designed for individuals interested in healthcare management and administration. It covers areas like hospital operations, healthcare policy, healthcare finance and healthcare quality management.
Candidates can check the table below to see the comparison between the two.
Particulars | MBA in Retail Management | MBA in Hospital Management |
|---|---|---|
Name of Course | MBA in Retail Management | MBA in Hospital Management |
Course Level | Postgraduate | Postgraduation |
Course Duration | 2 years | 2 years |
Entrance Exams | CAT, MAT, XAT, CMAT, SNAP etc. | |
Average Salary | INR 4 to INR 10 lakh | INR 4 LPA - INR 10 LPA |
Top Recruiters | Blue Star, Reliance, Blue Star, Croma, Amazon, and so on | Cipla, Fortis, Apollo, Ranbaxy, Novartis, Star Health, etc. |
Top Colleges | NMAT,5 J. Mehta School of Management, Mumbai, Birla Institute of Management and Technology, Greater Noida, Footwear Design and Development Institute, Noida, Jaipuria Institute of Management, etc. | Goa Institute of Management, Lovely Professional University, K J Somaiya Institute of Management, etc. |
New answer posted
a year agoNew answer posted
a year agoContributor-Level 10
With the retail industry in India growing at a quick pace there is a lot of potential for career progression in this field. India's retail industry has been steadily developing because to a number of causes including rising disposable incomes, shifting consumer preferences, urbanization and the country's middle class.
- Job Opportunities: As the retail industry continues to grow, there are numerous job opportunities for Retail Managers.
- Diverse Roles: Retail Managers can work in a range of roles including store management, district or regional management, category management, merchandising, supply chain management and more.
- Competitiv
New answer posted
a year agoContributor-Level 10
After completing an MBA in Retail Management, candidates can either opt for any job profiles or opt for the following courses for further education:
- Digital Marketing Courses
- Supply Chain Management Courses
- Data Analytics and Business Intelligence Courses
- Customer Relationship Management (CRM) Courses
- E-commerce and Omnichannel Retailing Courses
New answer posted
a year agoContributor-Level 10
Depending on your interests, career ambitions, and unique circumstances you can decide if getting an MBA in retail management is worthwhile. Below mentioned are some of the factors to consider:
- Career Goals: If you aspire to work in the retail industry and want to climb the corporate ladder, an MBA in Retail Management can provide you with specialised knowledge and skills that may help you stand out in the job market.
- Industry Relevance: An MBA in Retail Management can help you stay updated on the latest trends, technologies, and best practices within the sector, making you a more valuable asset to potential employers.
- Networking Op
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