Retail

BBA stands for Bachelor of Business Administration and a BBA in Retail designates a particular academic degree programme that places special emphasis on educating students for careers in the retail sector. In addition to a specialisation in retail management and related fields, it includes business education. The pass-outs of this programme can pursue their career in various retail-related roles, such as retail manager, store manager, merchandiser, buyer, sales manager, e-commerce manager, and more.

Retail Manager is responsible to look after Team Management, Inventory Management, Visual Merchandising, Financial Management, etc. By efficiently managing all areas of the operation and ensuring that clients have a great shopping experience, the retail manager plays a crucial part in determining the success of a retail organization.

Read More: Career as Retail Manager

Yes, Retail Management courses can be pursued online as well. There are a number of learning platforms that are offering these online courses. Interested candidates can see the table below to know these courses along with the course provider and fees.

The syllabus of Retail courses is designed by industry experts to teach the candidates detailed knowledge about the retail industry and its associated branches. Retail involves a range of activities including marketing, merchandising, inventory management, customer service and sales. Some of the main subjects taught in Retail courses are:

• Understanding Retailing
• Retail Marketing
• Retail Management Perspective
• Customer Service Management
• Buying Merchandising

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.

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.

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:

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. 

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.

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.