Diploma in Orthopaedics is a 1 year full time graduate course which is divided into 2 semesters. Retail is a major sector of the Indian and Global economy.
Top Institutes offering Diploma in Retail Management are:
- Bharathiar University
- Rayat College of Education
- Lovely Professional University
- APS College of Education and Technology
With an emphasis on retail management and marketing topics, study explores key developments and trends in this area. This course aims at providing a comprehensive view of retailing, and an analysis of the retail environment and exposure to issues and developments in the industry.
Students learn how to use technology in order to analyse, collect, and interpret data from retail systems. The emphasis is placed on the basic computer skills used in retail that is report generation, overall social impact of technology in retail. This course teaches the basic principles of marketing that including marketing strategy and planning, product policy, distribution, promotion, segmentation and pricing decisions. Students learn how to employ by teamwork analytical thinking, and communication skills in marketing. Projects may include the branding and marketing of a product through a retail outlet.
The average annual course fee ranges anywhere between INR 17,000 to 3 lakhs depending upon the institute offering the course. The average salary offered for this course in India to successful graduates of the course ranges between INR 2 lakhs to 20 lakhs depending upon the candidate’s expertise in the field.
Diploma in Retail Management: Course Highlights
Shown below are some of the major highlights of the course.
|Course Level||Under Graduate|
|Examination Type||Semester System|
|Admission Process||Counselling after taking Entrance Examination|
|Top recruiting organizations||Lifestyle, Reliance, Bata, Globus, RPG Retail|
|Top recruiting areas||Retail industries, ITC Retail, Tata groups|
|Top job profiles||Stores Manager, Manager Operations, Senior Sales Manager, etc.|
|Course Fee||INR 17,000 to 3 lakhs|
|Average Starting Salary||INR 2 to 20 lakhs|
Diploma in Retail Management: What is it all about?
Students learn from the ground up how a business is run, and giving them principles they can later apply to their own business projects. This coursework focuses on business regulation, ownership philosophies, and structures that can be applied to create well-managed businesses. Topics include employment hierarchies and management structures.
Students in this course learn how to use the Web to build businesses, a utilizing the principles of communication taught in other marketing and business courses. Some practical skills include Web development and computer applications that are Flash, FileMaker Pro, and professional website creation programs. Students learn to use the internet that adds knowledge of networking and information transfer and explores the current marketing environment. This course usually include marketing and introductory retail.
Diploma in Retail Management: Top Institutes
Some of the institutes or colleges offering the course in the country with the corresponding locations and fees charged by the respective colleges are listed below.
|COLLEGE NAME||CITY||AVERAGE ANNUAL FEE IN INR|
|Bharathiar university||Coimbatore||INR 4,805|
|Rayat college of education||Punjab||INR 80,000|
|APS college of education and technology||Meerut||INR 1,71,000|
|St soldier college of education||Jalandhar||INR 4,000|
|Shanti niketan college of education||Srinagar||INR 64,000|
|STC college||Rajasthan||INR 60,000|
|Bhagat kabir college of education||Jammu and Kashmir||INR 3,000|
|Bharat college of education||Punjab||INR 25,000|
|Florence polytechnic||New Delhi ||INR 14,000|
|Government Hindi teacher’s training institute||Orissa||INR 42,000|
|Iasam academy||Delhi||INR 30,000|
|Maharani teacher training college||Tiruppur||INR 40,000|
|Maharishi university of management and technology||Chhattisgarh||INR 51,000|
|Rama Krishna teacher training institute ||Delhi||INR 20,000|
Eligibility for Diploma in Retail Management
The minimum eligibility criteria for admission to this course are 50%-60% aggregate marks in 10+2 examination with Mathematics as one of the subjects. Usually, the universities require only the best 4 subject marks to be included in the 50%-60% criteria, but mathematics must be one of those subjects.
Diploma in Retail Management: Admission Process
CAT, MAT, XAT are some of the universal entrance examination for the management study in any stream. Admission is done based on the scores of these entrance examinations.
Diploma in Retail Management: Syllabus and Course Description
A semester - wise syllabus of the course is tabulated below.
|SEMESTER I||SEMESTER II|
|Principles and Practices of Management||Marketing Management|
|Retail Management I||Retail Management II|
|Consumer Behaviour||Management Information Systems|
|Services Marketing||Concepts in Supply Chain Management|
Diploma in Retail Management: Career Prospects
Retail Industry is one of the fastest growing & challenging industries in the world & contributes the economic growth of the country. From past few years in the retail sector demand for skilled professionals has increased. Retail management is the right career for those having the interest in merchandise, market & marketing, advertising, sales, campaigning and market research.
The Job opportunities are available in this field such as departmental stores, supply chains, advertising agencies, supermarkets, etc. this field involves a direct communication with the customer & coordinating the business activities. Students who are specialists in retail management are known as Retail Managers.
So many foreign retail industries are expanding in Indian market and you may get the opportunity to work with them. Graduates can start career in client communication, merchandise shipment, sales, supervisory, management & administrative services.
Some of the top professional positions open to such graduates are listed below with the corresponding salaries offered for the respective positions.
|JOB POSITION||JOB DESCRIPTION||AVERAGE ANNUAL SALARY IN INR|
|Store Manager||Store managers monitor, plan, and maximize retail budgets and product purchasing, inventory, and sales. They may work closely with regional managers and store owners to coordinate and determine the most cost-effective marketing and hiring strategies.||INR 4,21,000|
|Manager ||Production managers typically supervise a team that includes the production coordinator and assistant directors. They are also responsible for hiring, scheduling, budgeting, and handling insurance issues on the set. They also ensure that the production complies with all safety, guild and union regulations. They typically work with reality or live television, scripted, and new media, film or theatre production companies.||INR 7,02,000|
|Senior Sales Manager||Sales directors review strategies to increase revenue, beginning by researching new markets or assigning other professionals to conduct studies of products and consumers. They are also responsible for overseeing sales growth; they frequently evaluate sales reports, they often looking to capitalize on a particular product or service in the marketplace. Other duties include meeting with operational and sourcing departments to streamline business procedures and increase efficiency.||INR 12,00,000|
|Retail banking officer||Retail store and helping customers select the right product sounds interesting; consider becoming a retail sales worker. Sales personnel answer questions about products, greet customers as they enter the store, assist in locating desired items and encourage the customer to buy the merchandise.||INR 4,80,000|
|Retail account manger||An accounts manager serves as the main contact between his or her company and individual clients. They develop and oversee customers' business accounts. They must stay abreast of changes in markets and technologies to be able to analyse accounts and reinvigorate them, if necessary. They also might provide technical support to his or her clients, to preparing advertising and public relations materials.||INR 9,60,000|