NMIMS, Mumbai

Distance Learning Program

Master of Business Administration | MBA in Retail Management

INR 42000 per Semester

NAAC Grade

NAAC Graded A+

UGC Approval

UGC Approved

Avg Student Rating

4.2/5

ShikshaGurus Rating

9/10

Satisfied Students

91%

Distance MBA in Retail Management from NMIMS, Mumbai

Narsee Monjee Institute of Management Studies (NMIMS) offers a distance program of MBA in Retail Management. The two-year program has four semesters. Further, to become an expert in the retail industry, the course curriculum is set up so that students earn academic excellence. Master in Business Administration (MBA) specializing in Retail Management focuses on providing students with knowledge and skills in the retail industry. Furthermore, students learn about key areas that need to be specialized to become an advantage in the retail industry. Such key areas include retail operations, customer behaviour, marketing, analytics, finance, entrepreneurship, etc. The professional provides expertise, help and support to the students by imparting theoretical knowledge. NMIMS (Narsee Monjee Institute of Management Studies) is a distance learning centre that offers a distance MBA (Postgraduation Diploma) in Retail management. There are various subjects taught during the four-semester course curriculum. Such subjects are Management Theory and Practice, Marketing Management, Business Economics, Business Law, Strategic Management, Sales Management, Global Retailing, etc. Moreover, NMIMS (Narsee Monjee Institute of Management Studies) has experienced faculty and experts in various industries who guide in every possible way. Further, they make students experts in various tasks necessary for the retail industry. Such tasks include providing sales and customer service, merchandising, inventory management, store operation, marketing, advertising, e-commerce, online retail, supply chain management, store design and layout, etc. The global institute has provided benefits to students through distance education. Students can now upskill themselves at their convenience. Moreover, the university’s online portal has recorded lectures, an e-learning platform, and study material. Moreover, some sessions include interaction with faculty to clear doubts. A Distance MBA (Post Graduation diploma) in retail management resolves vast issues of various distribution channels. Such issues include effective supply chain management, demanding forecasting, inventory management, optimized distribution network, returns management, etc.

Distance MBA (Post Graduate Diploma) in Retail Management is for students who-

Students with a strong retail management foundation can build up and enhance their information to become an asset in the industry.
Students who want to get a strong career in the retail industry. Further, career options like retail store manager, retail buyer, retail analyst, e-commerce manager, retail franchise manager, etc.
Students want to become business owners. They can start up their own business in the retail industry after completing post graduate degree in retail management.
Students have strong problem-solving, analytical thinking, and critical analysis skills.
Students with leadership qualities must use their skills to become an asset in retail management.

About NMIMS (Narsee Monjee Institute of Management Studies)

NMIMS, or Narsee Monjee Institute of Management Studies, was set up in 1981. Further, it was awarded as a ‘deemed-to-be-university’. The university provides programs in various disciplines. There are undergraduate, postgraduate, and diploma courses. Moreover, they provide other disciplines like human resources, finance, retail management, digital marketing, operations management, etc. There are almost more than 1,56,000 students onboard with the university programs. Several recruiters have partnered with NMIMS (Narsee Monjee Institute of Management Studies). Further, a few recruiters are Aexonic, Kalkine, TATA, Trans Asia Group—Essel, Bajaj, Indiamart, Jindal Steelway, Cafe Coffee Day, etc. NIRF ranks the university among the top 100 universities (National Institute Ranking Framework). Furthermore, it has been graded ‘A++’ by AICTE (All India Council for Technical Education).

Admission process:

The admission process for NMIMS (Narsee Monjee Institute of Management Studies) distance learning is very simple. Firstly, students need to fill up the registration form and pay the online form fees. Furthermore, students will receive an email for uploading the documents. The important documents that need to be submitted are academic documents, photo identity, work experience (if any), passport-size photographs, etc. At last, students need to pay fees through an online mode of payment. Along with this, a loan facility is available at NMIMS without a credit card. EMI facilities are also available via online payment using the cards of HDFC, ICICI, HSBC, Kotak Mahindra Bank, Axis Citi Standard, and Chartered.

Eligibility Criteria:

The eligibility criteria for distance MBA (Postgraduation diploma) in Retail Management are that students must have a bachelor’s degree (10+2+3) in any discipline from any recognized university or an equivalent degree recognized by the Association of Indian Universities (AIU)

With a minimum score of 50% of marks for the general category
And 45% for the reserved category.

Career opportunities after a Distance MBA (Postgraduation diploma) in Retail Management:

The Future of Retail report by Deloitte predicts that by 2030, modern retail, including malls and supermarkets, will more than double to $230 billion, while online retail will grow 2.5 times from $70 billion in 2022 to $325 billion (Source: Live mint). Therefore, it will open numerous job opportunities for the youth in Retail sector. Hence, several career opportunities after NMIMS (Narsee Monjee Institute of Management Studies) Distance MBA (Post graduation Diploma) in Retail Management program are-

Retail Marketing Manager

The work of a retail marketing manager is to oversee and manage marketing in the retail industry. They make strategies and implement them for selling products and increasing services. Furthermore, they execute advertising campaigns and create offers and ways to promote their company’s sales. They ensure budgeting and find ways to achieve marketing objectives effectively. Moreover, they work closely with suppliers, manufacturers, and brand partners for improved marketing strategies, joint promotions, and exclusive product launches.

Retail Analyst

The work of a retail analyst is to analyze data and trends in the market to provide valuable insights to the company. After that, they make informative decisions and suggestions for improving the retail industry. Further, they work on various tasks that are necessary to be fulfilled by retail analysts. Such work includes data collection, analyzing sales and performance, researching the market, analyzing customer behaviour, managing inventor, etc. Also, other works include analyzing pricing and promoting, forecasting, planning, reporting, and monitoring performance.

Retail Entrepreneurship

One can choose to be a Retail Entrepreneur after MBA (Post graduation Diploma)in Retail Management. The work in retail entrepreneurship is managing the business of retail by themselves. Students can start up their own business in the retail industry. Furthermore, they set up strategies to attract customers and develop the business field. They should have adaptable personalities to manage fluctuations and accept new challenges in the business field. Moreover, they must have soft skills like communication skills, customer service orientation, empathy, teamwork, leadership qualities, problem-solving skills, time management, etc.

Retail Training and Development Manager

The work of the retail training and development manager is to design, implement and manage training programs and campaigns for introducing new capabilities in students. Further, they must have abilities in training program design, developing curriculum, customer service training, product knowledge training, sales techniques, etc. Moreover, they must have strong communication, organizational, and leadership skills, etc.

Retail Customer Experience Manager

The work of a retail customer experience manager is to oversee customers’ experience and then focus on creating an environment that is positive and customer-friendly. Furthermore, they look after key important responsibilities for retail customer experience managers. Such responsibilities include customer journey mapping, customer service improvement, store environment, customer feedback and surveys, customer loyalty programs, staff training, etc. Additionally, there are various career opportunities, including Retail store manager, Retail operation manager, Retail buyer or category manager, merchandiser, E-commerce Manager, Retail consultant, etc. NMIMS (Narsee Monjee Institute of Management Studies) University allows students to upgrade their analytical and practical skills. Moreover, students will become an asset in the retail industry after a distance MBA (Postgraduation Diploma) in Retail Management from NMIMS (Narsee Monjee Institute of Management Studies).

Approvals and Accreditation

UGC Approved

NAAC Graded A+

WES International Approval

NIRF Ranking (2022) - At 25th place for Best Private MBA program.

University Name

NMIMS, Mumbai

Course Name

Master of Business Administration | MBA in Retail Management

Education Mode

Distance Learning Program

Per Semester Fees

INR 42000 per Semester

Total Fees

INR 1,68,000

Eligibility

Bachelor’s Degree (10+2+3) in any discipline from any recognised University or an equivalent degree recognised by Association of Indian Universities (AIU) with minimum 50% marks at Graduation Level.

Bachelor’s Degree (10+2+3) in any discipline from any recognised University or equivalent degree recognised by Association of Indian Universities (AIU) with less than 50% marks at Graduation level and a minimum of 2 years of work experience.

Loan Facility

Available

Industry Ready

Yes

Information Technology & Systems Management
Retail Management
Supply Chain Management
Marketing Management
International Trade Management
Banking & Finance Management
Financial Management
Human Resource Management
Operation Management
Business Management

Avg Student Rating

4.2/5

Satisfied Students

91%

ShikshaGurus Rating

9/10

During NMIMS Mumbai Placements 2022, 150+ recruiters visited the campus among which more than 40 were first-time recruiters. 60+ recruiters were Fortune 500 recruiters. Some of the major recruiters were Aditya Birla Capital, EY, Capgemini, Cognizant, ICICI Bank.

Students received an average salary of INR 23.07 LPA. The highest salary package stood at INR 57.65 LPA which is 66.04% higher compared to the previous year. Offers came from various sectors like BFSI, IT, Pharmaceuticals, Media & Telecom, Consulting etc.

Frequently Asked Questions | Distance MBA in Retail Management from NMIMS, Mumbai

What is MBA in Retail Management?

An online MBA in Retail Management is a two years course to develop skills for future benefits while choosing a career.

What is the MBA course duration in Retail Management?

An online MBA course duration in Retail Management is a two years course.

What is the eligibility criteria for MBA in Retail Management?

A candidate with a bachelor’s degree in any field with a minimum of 50% marks for the general category and 45% for the reserved category from a recognised university/college can apply for an online MBA in Retail Management.

NMIMS, Mumbai

Master of Business Administration | MBA in Retail Management

Distance MBA (Post Graduate Diploma) in Retail Management is for students who-

About NMIMS (Narsee Monjee Institute of Management Studies)