Career Options after Distance MBA Course in Retail Management

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Career Options after Distance MBA Course in
Retail Management

• http//www.mitsde.com

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Career Options after Distance MBA Course in
Retail Management

• One of the fastest growing sectors in India and
  across the globe, the retail industry is a
  dynamic sector that has rapidly evolved over the
  years to establish itself as a lucrative career
  option - one that attracts many ambitious
  students and working professionals alike.
• The vibrant industry is much sought after by job
  seekers who desire a fulfilling career in the
  days to come by exploiting the e-commerce boom
  that has taken the world by storm.
• Embracing cutting-edge tools and technologies
  that offer deeper insights into consumer
  behaviour and spend patterns, the
  service-oriented retail sector of today is a
  sophisticated and technology-enabled field that
  is constantly on the lookout to innovate
  avant-garde processes that are well-adapted to
  the fast-changing buying needs of the urban
  consumer with an aim to bring them to the retail
  stores and transform their shopping experience
  from a stressful affair into one that is
  unbelievably seamless and pleasurable.

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The Indian Retail Industry

• Dubbed as one of the fastest growing retail
  markets worldwide, the Indian retail market is
  all set to witness phenomenal growth in the
  coming years with an estimate of doubling to USD
  1 trillion by 2020 from USD 600 billion in
  2015. Once a largely unorganised sector in India
  in the form of kirana stores, pavement vendors,
  local corner shops, owner manned small shops
  etc., the countrys present day retail market is
  dotted with the presence of several supermarket
  and hypermarket giants, shopping malls, retail
  chains and privately owned large retail houses
  that have mushroomed all over the country and
  provided the employment to many.
• Featuring in the list of the top five retail
  markets in the world, the Indian retail market
  today accounts for over 10 of the countrys GDP
  and around 8 of its employment. With a
  projection of 16-18 of the total retail market
  share for Indias organised retail sector in the
  upcoming years, it goes without saying that
  multifarious job opportunities exist for those
  who aspire to establish their career in this
  emerging space.

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Job Prospects Post Specialization in Retail
Management

• Since Retail Management is a far-reaching field
  that encompasses diverse sectors like fashion
  clothing, home furnishing, food grocery,
  banking, automobile, insurance, healthcare,
  luxury goods, electronics and home appliances to
  name a few, hence, there are choices galore for
  ambitious candidates who aim to look beyond a
  traditional domain and venture into a niche space
  that allows them to explore career options in
  their preferred sectors and industries.
• Moreover, with Indias consumer expenditure
  projected to rise to USD 3.6 trillion by 2020
  along with a prognosis of online retail to be at
  par with brick-and-mortar stores within the next
  5 years with the formers revenue expected to
  increase from USD 6 billion in 2015 to USD 70
  billion by 2020, the employment prospects look
  promising in the fashion, apparel, e-commerce and
  electronics sectors as well as in the FMCG market
  that is estimated to amplify to USD 103.7 billion
  in 2020 as opposed to USD 47.3 billion in 2015.

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Job Prospects Post Specialization in Retail
Management

• According to a report by Indian Staffing
  Federation (ISF), FDI has the potential to create
  around 10 million jobs in the retail sector
  within a span of 10 years. Of this, approximately
  4 million would be direct jobs and the remaining
  would comprise of the indirect ones.
• Thus, qualified and skilled retail professionals
  will be much in demand as the retail industry
  grows by leaps and bounds and one will have the
  choice to explore a multitude of job openings in
  the realm of supervision, administration, sales,
  client communication management and merchandise
  shipment.

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Job Prospects Post Specialization in Retail
Management

• It wont be far-fetched to say that a certified
  retail management professional can look forward
  to employment opportunities with various
  e-commerce biggies, top multi-format retailers
  and Indian multinationals supermarkets such as
  Flipkart, Amazon, Walmart India, Aditya Birla
  Group, Reliance Group, ITC Retail, Tata Groups,
  Future Retail Ltd., Big Bazaar, Foodworld, Metro
  Cash Carry, FabMart, Lifestyle, Shoppers Stop,
  Spencers etc. and exploit a plethora of
  aspirational roles that exist with these
  illustrious players in the retail space.
• Typically, a career in retail management opens up
  umpteen employment avenues for you in the garb of
  industry-specific job roles such as Retail
  Manager, Store Manager, Brand Manager, Inventory
  Manager, Sales Manager, Warehouse Manager,
  Department Manager, Operations Manager, Marketing
  Executive, Customer Care Executive and Retail
  Analyst to name a few.

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Competitive Edge of a Distance MBA in Retail
Management

• Needless to say, in order to position yourself as
  a proficient retail management professional, you
  must be abreast of the latest industry trends and
  bottlenecks that are unique to this challenging
  yet exciting domain.
• A PGD course in Retail Management from a reputed
  institute like MITSDE can empower you with
  eye-opening industry insights in the form of a
  compelling course curriculum that emphasizes on
  essential topics like Retail Marketing, Strategic
  Retail Marketing, Retail Sales Customer Service
  and Retail Personnel Management.
• Moreover, MITSDE offers Distance MBA courses that
  are UGC-DEB approved, recognised globally and are
  flexible enough to allow you to hone your skills
  at your own pace and in tandem with your existing
  commitments.