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MBA in retail management- scopes and opportunities


  Updated on : 28/12/2016

 by : Admin

Shopaholics and engrossed buyers just do not shop around during the peak season; they are available almost throughout the year. With the liberalization of the Indian economy, you will find that every metropolitan is having many malls, multiplexes, and shopping centers. They all make sure to provide a customized and memorable experience for every customer with the help of the chain of retail management professionals especially with the one who has MBA Specialization.By now, we all know that retail management is the process of promoting more sales and higher customer satisfaction simply by building a great bonding. Thus, MBA in Retail management becomes one of the main boos.Well, retail management comes with three committable domains – brick and mortar, online and Omni-channel trading. With MBA in retail management, you are surely going to explore a number of sub fields as well such as store management, sales, commodities, advertising and campaign, research, e-business, advertising, and lot more. However, the focus will be remaining stuck on the brick and mortar stores as always. Colleges Who Offer MBA Admission to Retail managementA number of colleges such as Amity University, Business School in Noida, Chitkara University in Chandigarh, UPES Dehradun who offers MBA in Retail management. It is a 2-year MBA program in Retail to help you to grow.What you need to score or what are your eligibility criteria to study MBA in Retail Management?To seek MBA admission and study retail management you need to appear for the CAT, MAT, XAT, CMAT etc and score a good percentile that might align with the cutoff marks of the various universities mentioned. Even you may have to appear for the written tests for separate universities, as they might want to refine their candidates a little more. To study MBA in Retail Management candidates must be a graduate in Commerce or Management.What does this MBA specialization covers?In the course you are going to study a number of aspects to keep up your customer satisfaction high, which is an asset for any retail. The course covers market research, consumer behavioral study, skills to negotiate, financial management, branding policies and selling policies. The candidates needs to have strong communication skills, the ability to woo a customer and negotiate at every stage whether they do it offline or online. The organized retail sector has created massive amount of jobs. Thus, a number of MBA aspirants are looking for an MBA Specialization in retail for a secured future. demo

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