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How to become a Retail Manager in India

Ankit Agrawal - Thursday 8th September 2022

Career in  Retail Management

Career in Retail Management

Do you like to work in shopping malls, outlets etc.? Are you good at organizing and planning things? If yes, you should consider a career in retail management.

Retail management is all about understanding the buying needs of the customer and helping them to purchase the desired product from the retailer. It is a process of achieving growth in sales & customer satisfaction by attaining a better understanding of the consumers of goods and services produced by the company. Retail management has reformed unorganized shopping place to organized shopping place.

Example: Hypercity, Big Bazar, Spencers, DMart are few retail chains in India.

What are the roles and responsibilities for Retail Manager?

  • Retail manager improves operational efficiency through optimizing the retail process.
  • Manage day to day store operations.
  • Provide seamless customer experience.
  • Achieve or overachieve sales target.
  • Deal with customer queries and complaints.
  • Monitor stock level, pricing and new purchases.
  • Ensure compliance with health and safety legislation.
  • Prepare promotional materials, marketing materials and displays.
  • Prepare sales and revenue report and forecast.

How to Become a Retail Manager in India?

There are 3 ways to become a Retail Manager in India

Career Path 1

Student can do 12th in any stream. Then complete BBA. Further you can Proceed with MBA in Retail Management.

Career Path 2

Student can do 12th in any stream. Then complete BBA. Further you can Proceed with Post Graduate Diploma in Retail Management.

Career Path 3

Student can do 12th in any stream. Then complete Diploma in Retail Management.

What are the key skills required for Retail Management?

  • Inventory Management
  • People Management
  • Customer Service
  • Organizational skills
Should I become a Retail Manager
Check your career fit for Retail Management in 35 Min

What are the career opportunities in Retail Management?

  • Customer Care Executives
  • Department Manager
  • Image Promoter Merchandise Manager
  • Merchandiser Analyst
  • Retail Buyer
  • Store Manager
  • Supply Chain Distributer
  • Warehouse Manager
  • Brand Manager
  • Marketing Executive
  • Retail Manager

What is the salary and demand for Retail Manager?

  • Demand is High for Retail Management.
  • Salary levels are High for Retail Management. For fresher average salary is more than 5 Lacs.
  • Fees levels of the course is Medium. To pursue this course student need to spend 3 to 4 Lakhs.
  • Level of preparation for Retail Management is Medium. Students spend 1 Year. to prepare for entrance test of Retail Management.

1 Fees
Medium
2 Demand
High
3 Salary
High
4 Level Of Preparation
Medium

Career Videos for Retail Management as a career curated from Youtube

What are the best colleges for Retail Management in India?

For Graduation

  • Nirma University - [NU], Ahmedabad
  • Symbiosis International University - [SIU], Pune
  • Jamia Millia Islamia University-[JMI], New Delhi
  • Jamia Hamdard University, New Delhi
  • Guru Gobind Singh Indraprastha University - [GGSIPU], New Delhi
  • Symbiosis Centre for Management Studies - [SCMS], Pune
  • Shree Guru Gobind Singh Tricentenary University - [SGT], Gurgaon
  • ICFAI Foundation for Higher Education - [IFHE], Hyderabad
  • SP Jain School of Global Management -[SPJSGM], Mumbai
  • Banasthali Vidyapith, Jaipur

For Post Graduation

  • Indian Institute of Management - [IIMB], Bangalore
  • Indian Institute of Management - [IIMC], Kolkata
  • Indian Institute of Management - [IIM], Lucknow
  • Xavier Labour Relations Institute - [XLRI], Jamshedpur
  • University of Delhi, Faculty of Management Studies - [FMS], New Delhi
  • Indian Institute of Management - [IIMK], Kozhikode
  • Management Development Institute - [MDI], Gurgaon
  • Indian Institute of Foreign Trade - [IIFT], New Delhi
  • SP Jain Institute of Management and Research - [SPJIMR], Mumbai
  • Institute of Management Technology - [IMT], Ghaziabad

Is career in Retail Management good choice for me?

Should I become a Retail Manager? not sure. Take 20 Min free career test to find out are you fit for career in Retail Management.Check career suitability for Retail Management

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