A career in Retail management:
With the strong economic boom, India's retail market is expected to cross USD 400 million by 2010, turning India into the biggest retail market in the world. Currently, in the organised retail sector, there is a
huge manpower crisis in terms of knowledge and skill. If youngsters hone their skills in retailing through premier institutes which offer degree course in Retail Management then the world is your oyster!
What is Retail management?
It is not about being a sales person in a shopping mall and selling merchandise to customers. Retail management is a lot more than that.The Retail management course is about departmental store retailing and shopping mall retailing business. Retail merchandise professionals process all merchandise shipments, achieving store sales and profit, communicating with the clients, administrating the stores and many others. The Retail management course includes: Introduction to retail management, supply chain management, effective communication, finance management, marketing, accounting, merchandise management, public relations, marketing and business communication, psychology of shoppers, organisational behaviour, business ethics, inventory management.
Scope: You can be departmental managers, merchandise assistants, public relations executives, sales executives, customer service representatives or even management trainees after getting your degree. There will be loads of opportunities in India as major retailers have already established themselves
with their own retail management programmes.
This will help you in getting employment opportunities in various industries like publishing houses, multiplexes, music stores, shopping malls or any established retailing sector.
Getting a degree in Retail management is very easy. You just need to be 10+2 pass. Some institutes do ask for a minimum percentage in your HSC exam. But that is institution specific. Although there are institutes which offer this course as postgraduate degree.
Confidence, good communication skill because your goal is to sell your product — don't forget that. You need to be a go-getter and have an aggressive attitude to do more sales.
These are a few of the qualities required on the job. There are approximately 15-20 institutions in India which offers
Retail management programmes can begin just after the HSC board. It depends upon the institutes' programmes whether the course is for two years or of a shorter duration
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