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The availability of your favourite products in the market at the retail store is the result of collective efforts put in by the entire retail management department. It is one of the most unique and essential management departments for every business entity that sells goods for final consumption. The career options in the retail industry allow the employees to work for top brands from all around the world.
To build a future in this highly competitive and equally crowded career line where every working professional thrives hard to make their dreams come true, the clever decisions taken by you at the right time help you reach your destination. So, if you ever plan to get into the retail industry, your first right decision should be enrolling yourself in the best PGDM college for a retail management course.
What is PGDM in Retail Management?
PGDM in retail management is a two-year postgraduate diploma program that equips students with all the aspects of retail management. The curriculum is a mix of hands-on training and academics, as all PGDM courses are considered perfect for job-oriented individuals. The PGDM in retail management course provides students with the advantage of specialising in retail management and become ideal managers to work in the retail management industry.
Know how PGDM programs help you become better managers-
As a retail professional, the employer company would expect you to be exceptionally good at-
- Sales leadership
- Customer service
- Team Management
- Sales experience
- A PGDM program builds your personality as a budding manager in the best possible manner. All these much-needed qualities and skills will reflect in you and your work after you graduate from the postgraduate diploma in retail management.
- The retail market is customer-centric. So the managers working in the industry are expected to keep themselves updated with all the changing trends of the world. The PGDM course curriculum is flexible and keeps changing following the prevailing retail management practices and techniques.
Eligibility criteria for PGDM in Retail management-
Admissions criteria for PGDM differ from one college to another. The general eligibility criteria to enrol into top PGDM colleges for a retail management course are-
- The applicant must have passed the graduate degree with an aggregate within the range of 50%-70%.
- They must qualify for entrance exams conducted by colleges in order to compete with other students to secure a seat in the college.
- Qualified students appear for group discussions and one-on-one interviews.
The retail industry has been there in the market for ages. Now the hiring companies want to hire only professionals specially trained to handle this department effectively and efficiently. A specialisation retail management course such as PGDM would help you step into the retail industry right after graduation at the top and middle levels of management.
Here are some of the promising career options which you can explore as a professional working in the retail industry in Mumbai-
- Store or warehouse Manager
- Customer Service Manager
- Sales Manager
- Merchandise Manager
- Assistant Store Manager
- District Sales Manager
Owing to the responsibilities the aforementioned job titles hold, you can expect an average pay scale between 6-7.5L per annum generous pay scale. The well-paying salary is bound to increase with years of working experience.
According to a study, Mumbai has the highest potential for modern retail in India at Rs 1.05 lakh crore. Implying the retail managers are quite always in demand. The job opportunities and scope of growth on the professional front are enormous. Therefore, retail management courses in Mumbai would be the ideal entry gates for you to step into the industry. Having said that, while looking for PGDM colleges that offer the best retail management course, ensure that you select the renowned one. Good luck!