MBA in Retail Management

RETAIL REVOLUTION

Sprawling Shopping Centres, Multi-Storeyed Malls, Multi-brand outlets, huge complexes and discount stores have ushered in a revolution in shopping in India. Outlets like Big Bazaar, Shoppers Stop, Mega Mart, Food World, Reliance Fresh have become popular landmarks in the topography of every city. Whether an international brand of watch or a local vegetable, people prefer picking up everything from a well laid out, strategically located retail outlet in air-conditioned comfort. The entry of retail has changed the way Indians shop, people prefer the ambience of a sprawling mega store to that of a small dingy outlet. The shopping environment, the variety, the shopping experience, all have taken the Indian shopping scene by storm.

JOB OPPORTUNITIES

Modern retail has not only ushered in an exciting shopping experience for the Indian people but has also created excellent job opportunities. Not merely employment opportunities but rewarding and growth oriented careers. Retail requires an army of people at the lower, middle and top levels and an MBA with specialization in retail starts at the middle and steadily climbs to the top where salaries and perks are among the best.

RETAIL SCIENCE

No more can anyone say retail is not a science. Retail involves technology, arts and commerce and offers interesting career openings in domains like HR, Management, Marketing, Sales, Accounts, Finance, Logistics and supply chain, Shop layout and Visual merchandise, Storage space optimization, Preservation and protection of merchandise, Security and administration.

MBA IN RETAIL

Seizing on this opportunity, GEMS B SCHOOL, in association with RAI (Retailers Association of India), has designed a unique 2 year MBA program for graduates, where the student will spend an equal amount of time in the class room studying the fundamentals of retailing and on the floor of the retail store reinforcing his class room learnings practically. The student will learn-earn-learn and study-work-study. Some of the best experts from the retail industry will teach them and train them. At the end of two years of studying and working the student will know everything about the retail industry and will be placed by GEMS B SCHOOL in a reputed retail organization as a middle level manager.

RAI & GEMS B SCHOOL

Modern retail has not only ushered in an exciting shopping experience for the Indian people but has also created excellent job opportunities. Not merely employment opportunities but rewarding and growth oriented careers. Retail requires an army of people at the lower, middle and top levels and an MBA with specialization in retail starts at the middle and steadily climbs to the top where salaries and perks are among the best.

GOOD CAREERS

People employed as middle level managers in retail organizations are well paid, have good career growth and enjoy tremendous amount of job satisfaction. A career in retail is good for ladies because it does not involve working in night shifts.

EVERSHINE INDUSTRY

Retail is an evershine industry because as long as goods are produced and there is demand for goods there will be retail. Retail is the place where the buyer and seller meet and the retailer facilitates the transaction between the manufacturer and consumer. As people's income levels go up, they not only prefer to shop for superior products but also like to shop in an ambience befitting their life-style.

RETAIL SCIENCE

No more can anyone say retail is not a science. Retail involves technology, arts and commerce and offers interesting career openings in domains like HR, Management, Marketing, Sales, Accounts, Finance, Logistics and supply chain, Shop layout and Visual merchandise, Storage space optimization, Preservation and protection of merchandise, Security and administration

OPPORTUNITIES ABROAD

Retail revolution is not specific to India alone. Across the globe there is a change in the way people shop and international retail chains in countries of the Middle East, Europe and US are employing qualified and talented professionals with exciting financial packages and career prospects.

IN INDIA

The Indian retail industry is the largest among all the industries, accounting for over 10% of the country's GDP and 8% of the employment. Next to agriculture, retail is considered to be the most employment intensive industry. Realising that retail in India is dynamic and fast paced, prominent business houses like the Ambanis, TATAs, Birlas, Biyanis,Goenkas , Piramals have entered this arena. Because of India's vast middleclass and almost untapped retail industry many global retail chains like wallmart, Tesco etc are poised to enter India.

SUNRISE INDUSTRY

I Indian retail industry is forecasted to grow at a pace of 25% annually. Modern retail in India is estimated to be worth between US $ 175 and 200 Billion by 2016. The food retail industry in India dominates the shopping basket. The mobile phone retail market is worth US $ 16.7 Billion and is growing at a pace of 20% per year.

RETAIL IS RISING, REWARDS ARE PILING, EXCITING CAREERS ARE IN THE OFFING, RIGHT TIME TO PITCH IN.

FUTURE

The future of the retail industry in India is very promising because of the growing market, the favourable government policies, emerging technologies and increasing buying capacity of the Indian Middle Class. It is estimated that organized retailing in India will touch Rs. 70,000 crore in 2012. The Indian retail sector is estimated at around Rs. 900,000 crores, of which, the organized sector accounts for a meager 2%, indicating a huge market opportunity that is lying untapped. It is estimated that organized retailing in India will peak to touch Rs. 70,000 crore in 2012. Purchasing power of the Indian urban consumer is growing and branded merchandise in categories like apparel, cosmetics, shoes, watches, cellphones, jewellery, electronics, beverages and food are slowly becoming lifestyle products.

GEOMETRIC GROWTH

Even though India has well over 5 Million retail outlets, most of them are in the unorganized sector and surely need modernization. This presents great opportunities for retail professionals and the organized retail sector is expected to grow faster than the GDP in the next few years driven by changing lifestyles, burgeoning income and favorable demographic outline.

STUDY & WORK

The uniqueness of this program is, GEMS B SCHOOL students will be exposed to theory and practice simultaneously, thus making them some of the finest in the Industry. Their class room learnings will get reinforced with their shop floor experiences thus making them seasoned retail professionals ready to take on challenges in the opportunity ripe retail industry. They will also earn a stipend which will partly defray some of their expenses.


Eligibility :

Any Graduation.

Duration:

24 months 8 trimesters.