Master of Business Administration [MBA] Retail Management: Full Form, Courses, Admission 2025, Fees, Syllabus, Entrance Exam, Top Colleges, Scope
Latest Updates-MBA in Retail Management, 2025
November 18, 2024: The XAT 2025 exam will be conducted on Jan 5, 2025. November 17, 2024: The Deadline for the MAT 2024 application process for the December session is Nov 30, 2024. For the PBT and CBT Phase 2 examination, the last date for the application process is Dec 7 and Dec 15, 2024, respectively. November 16, 2024: The MAT 2024 CBT Phase 1, PBT, and CBT Phase 2 examinations will be scheduled on Dec 7, Dec 14, and Dec 22, 2024, respectively. November 15, 2024: The ATMA 2025 examination for the Dec session will be held on Dec 22, 2024. November 14, 2024:The CAT admit card will be made available from November 5, 2024, and the exam will take place on November 24, 2024. November 13, 2024:The CAT 2024 application process has been started and the deadline is Sept 13, 2024 |
Updated on :
by Kritika
December 20, 2024 11:35 PM
The MBA in Retail Management is a two-year course that helps students prepare for retail industry jobs. This program teaches important skills needed to run retail businesses successfully. To join, students must have finished their undergraduate studies at a recognised university with at least 45% marks.
After completing this program, graduates can get jobs like branch managers, sales managers, and store managers, with starting salaries between INR 3.4 LPA and INR 6 LPA.
Well-known institutions like NIMS, Birla Institute of Management Technology, and NMIMS offer these MBA programs. The cost of the course ranges from INR 50,000 to INR 4,00,000, depending on the school. This program not only helps students get jobs quickly but also prepares them for higher studies, like a PhD in management.
Graduates are ready for many different jobs in the retail field. As they gain experience, their salaries can grow significantly. The course includes both classroom learning and practical training, making sure students are well-prepared for the retail industry’s needs.
MBA in Retail Management course highlights
Here are the course details of the MBA in Retail Management:
Particulars | Highlights |
MBA Retail Management Full Form | Master of Business Administration Retail Management |
Course Level | Post Graduation |
Types of MBA | Full-Time MBA, Part-Time MBA, Distance MBA, Online MBA, Executive MBA, Integrated MBA |
No. of Colleges Offering This Course | 183 |
MBA Retail Management Fees | INR 9,000 to INR 4,00,000 |
Eligibility Criteria | Undergraduate Degree Programme |
MBA Admission Process | Entrance Exam + Group Discussion + Personal Interview |
Top MBA Entrance Exams | CAT, CMAT, XAT, MAH MBA CET, etc. |
Exam Type | Semester |
Top MBA Colleges | IIM Bangalore, IIM Calcutta, VELS Chennai |
Job Profiles | Retail Executive, Advertising Manager, Administrative Officer, Regional Manager, Sales Manager, among others. |
Average Salary | INR 5 lakhs to 20 lakhs |
Top Recruiters | IBM, Infosys, Wipro, Accenture |
What is the MBA in Retail Management?
MBA in Retail Management is a specialised program offered by many esteemed MBA institutes in India. It provides students with comprehensive retail industry knowledge, emphasising entrepreneurship and leadership skills. This program prepares students for various job roles within the retail sector and equips them with the necessary competencies to thrive in dynamic retail environments.
Why choose an MBA in Retail Management?
- Industry Growth Potential: The retail industry is growing rapidly worldwide, providing abundant opportunities for competent professionals. An MBA in Retail Management enables individuals to take advantage of this upward trend and improve their work objectives in the future. For example, various opportunities to expand and prosper in many retail markets are available for retail managers.
- Diverse Career Opportunities: One of the main benefits of a Retail Management course is that it offers many career opportunities, such as retail operations manager, merchandising manager, marketing manager, store manager, and more. This diversity allows individuals to explore various facets of the retail sector and find roles that align with their interests and strengths.
- Entrepreneurial Focus: Retail Management programs often emphasise entrepreneurship, equipping students with the knowledge and skills to establish and manage their retail ventures. This entrepreneurial focus empowers individuals to pursue their business ideas and contribute to the innovation and growth of the retail industry.
- Leadership Development: Retail Management education fosters the development of strong leadership qualities essential for success in managerial roles within the retail sector. Students learn effective team management, strategic planning, and decision-making skills, preparing them to lead teams and drive organisational growth.
- Global Career Opportunities: With multinational retailers expanding their operations globally, Retail Management graduates have the opportunity to pursue careers internationally. This global perspective opens doors to diverse cultural experiences and expands professional networks, enriching career opportunities.
MBA Retail Management Degree Courses: Eligibility Criteria
The overview of the eligibility criteria and admission process for an MBA in Retail Management, highlighting key requirements and considerations for prospective applicants.
Eligibility Criteria | Admission Process |
A minimum of 50% aggregate or equivalent in bachelor's degree from a recognised university. | Most institutes follow the same eligibility criteria as for MBA General, requiring candidates to have a minimum of 50% aggregate in their bachelor's degree. However, the minimum aggregate required for reserved category students is often reduced to 45%. |
For Reserved category students, the minimum aggregate required is 45% marks. | Additionally, there's typically a relaxation of 5% for candidates belonging to SC/ ST/ PwD categories, allowing them to qualify for admission with a slightly lower percentage in their bachelor's degree. |
Candidates must possess a UG degree from a recognised university. | The admission process for an MBA in Retail Management is akin to that of an MBA in General. Institutes commonly accept candidates based on their performance in entrance exams, such as CAT, XAT, CMAT, MAT, SNAP, etc. These exam scores serve as a crucial determinant for admission into the program. |
They must score a minimum aggregate of 50% to 60% in their graduation, varying by institute. | While the minimum aggregate required for graduation is generally between 50% and 60%, it's essential to note that specific institutions may have different thresholds. Therefore, candidates should carefully review the eligibility criteria of each institute they intend to apply to. |
MBA Retail Management Entrance Exams
These entrance examinations serve as gateways to prestigious MBA in Retail Management programs, evaluating candidates' aptitude and readiness for advanced studies in retail management. Aspirants are encouraged to meticulously prepare for these exams, leveraging resources and guidance to maximise their chances of success in securing admission to their desired institutions.
Name of Exam | Exam Dates | Exam Schedule |
CAT | 24 Nov '24 | CAT Schedule |
MAT | MAT 2024 CBT 1 - 7 Dec '24 MAT 2024 PBT - 14 Dec '24 MAT 2024 CBT 2 - 22 Dec '24 | MAT Schedule |
XAT | 5 Jan '25 | XAT Schedule |
NMAT | 5 Nov '24 - 20 Dec '24 | NMAT Schedule |
SNAP | SNAP 2024 session 1 - 8 Dec '24 SNAP 2024 session 2 - 15 Dec '24 SNAP 2024 session 3 - 21 Dec '24 | SNAP Schedule |
Name of Exam | Exam Dates | Exam Schedule |
CAT | November 2025 | CAT Schedule |
MAT | December 3-17, 2025 | MAT Schedule |
XAT | January 5, 2025 | XAT Schedule |
NMAT | December 19, 2025 | NMAT Schedule |
SNAP | December 2025 | SNAP Schedule |