M.SC. RETAIL MANAGEMENT Everything You Need to Know
Are you interested in pursuing a career in retail management? Look no further than a master's degree in Retail Management (M.Sc.). In this article, we'll cover all the essential information you need to know about this program, including highlights, entrance exams, admissions, eligibility, duration, selection criteria, application process, fee, syllabus, salary, job prospects, and career opportunities.
Highlights of M.Sc. Retail Management
The M.Sc. in Retail Management is a postgraduate degree program that provides in-depth knowledge of the retail industry. Here are some of the key highlights of this program:
Comprehensive course structure covering various aspects of retail management
Hands-on training in retail business operations
Practical learning experience through case studies and live projects
Exposure to the latest retail management tools and technologies
Industry interaction through guest lectures and seminars
Placement assistance and career development support
Entrance Exam for M.Sc. Retail Management
To get admission to M.Sc. in Retail Management, you need to appear for an entrance exam. Some of the popular entrance exams for this program include:
CAT (Common Admission Test)
XAT (Xavier Aptitude Test)
MAT (Management Aptitude Test)
SNAP (Symbiosis National Aptitude Test)
GMAT (Graduate Management Aptitude Test)
The entrance exam pattern may vary from institute to institute.
Admissions for M.Sc. Retail Management
To apply for M.Sc. in Retail Management, you need to fulfill the eligibility criteria and submit the application form. The admission process generally includes the following steps:
Registration on the institute's website
Filling up the application form
Uploading the required documents
Payment of application fee
Submission of application form
Eligibility for M.Sc. Retail Management
The eligibility criteria for M.Sc. in Retail Management may vary from institute to institute. However, here are some general eligibility requirements:
Bachelor's degree in any discipline from a recognized university
Minimum aggregate marks of 50%
Entrance exam score
Duration of M.Sc. Retail Management
The duration of M.Sc. in Retail Management is generally two years, divided into four semesters. However, some institutes may offer a one-year program for candidates with a relevant work experience or a postgraduate diploma in retail management.
Selection Criteria for M.Sc. Retail Management
The selection criteria for M.Sc. in Retail Management generally include the following:
Entrance exam score
Academic performance in bachelor's degree
Work experience (if any)
Group discussion and personal interview
How to Apply for M.Sc. Retail Management
To apply for M.Sc. in Retail Management, follow these steps:
Visit the official website of the institute offering the program
Register by creating an account
Fill in the application form with personal and academic details
Upload the required documents, including photograph and signature
Pay the application fee
Submit the application form
Application Form for M.Sc. Retail Management
The application form for M.Sc. in Retail Management generally includes the following fields:
Personal details (name, address, contact information, etc.)
Academic details (marks obtained in bachelor's degree, entrance exam score, etc.)
Work experience (if any)
Choice of program and specialization
Payment details (application fee)
Application Process for M.Sc. Retail Management
The application process for M.Sc. in Retail Management generally includes the following steps:
Online registration on the institute's website
Filling up the application form
Uploading the required documents
Payment of application fee
Submission
M.Sc. Retail Management is 2-year duration master level course. The course syllabus divide in four semesters of six month each. Retail Management mention as various processes which help the customers to procure the desired merchandise from the retail stores for their end. It involves all the steps required to bring the customers into the store and fulfill their buying needs. The course is suitable for those person who have interest in Retail Management study. Candidates have various job opportunities after its successful completion. It provide on part time basis by various college and university. Master of science in Retail Management course provide knowledge and skill related to Retail Management syllabus.
M.Sc. Retail Management Career Profile:
NOTE:- Students who are admitted must bring all the original documents to with them to the Institute Campus. Students failing to present all relevant original documents upon request may be denied admission or later told to leave the university.
Given below are few of the important highlights of the program.
Program Full Name | Master of Science in Retail Management |
Program Level | Master Degree Courses |
Duration of the Program | 2 Years |
Examination Type | Semester |
Eligibility | B.Sc in Relevant Subject with 55% Marks (50% for SC/ST) from Recognized University |
Admission Process | Entrance Exam and Merit Based |
Average Program Fee | Upto Rs. 1 Lakh |
Syllabus of Management as prescribed by various Universities and Colleges.
Paper Code | Subjects of Study |
1 | Principles of Management |
2 | Managerial Economics |
3 | Organisational Behaviour |
4 | Business Communication |
5 | Business Statistics |
6 | Financial Accounting & Cost Accounting |
7 | Management Skill & Ethos |
8 | Quantitative Methods in Decision Analysis |
9 | Marketing Management |
10 | Introduction to Retail & Retail Environment |
11 | Buying, Merchandising and Vendor Management |
12 | Retail Information System & Information Technology |
13 | Advertising & Brand Management |
14 | Project I |
15 | Retail Selling Skills and Sales Management |
16 | Consumer Buying Behaviour |
17 | Research Methodology & Market Research |
18 | Operations Management |
19 | Consumer Service & Standards |
20 | Legal Issues in Retail |
21 | Retail Marketing & Retail Strategy |
22 | Store Design & Visual Merchandising |
23 | HR in Retail |
24 | Supply Chain Management & Warehousing |
25 | Management Accounting |
26 | E-tailing |
27 | Retail Decision Making & Information Technology |
28 | Retail Store Operations |
29 | Mall Management |
30 | Store Events & Promotions |
31 | Retail Verticals |
32 | Category Management & Private Label Development |
33 | Design Management |
34 | Project II |
35 | Trends in Global Retail |
36 | Retail Audit & Finance |
Mentioned below are some states in India that offer the program.