Most MBA post graduates, entrepreneurs, etc. end up doing jobs or business in the retail sector and have to do some research and study about retail management. Good news for such students is that now specialization in retail management can be done at the under graduate level through BBM course. Retail Management involves process of distributing specific goods / products from the manufacturing stage to the end-user / customer through the retail market. This 3-year BBM course can be done on a full-time basis or even via correspondence through distance education. Students with a degree in BBM (Retail Management) gain good exposure to retail market ethics, changing behaviour of retail market, customer demands, contingency planning, operational research, accounting and finance, etc. To get admission to BBM colleges offering specializing in retail management, it is important to study the admission process as described on the websites of relevant colleges in India.
Eligibility10+2 education i.e. H.S.C. pass
Fee Structure of BBM (Retail Management) collegesOn an average, government colleges charge fees of about Rs.20,000 to Rs.30,000 per year whereas private colleges may charge fees of about Rs.60,000 to Rs.90,000 per annum. Different colleges offer different fee structure and exact details can be obtained on websites of colleges offering this course.
Job OpportunitiesIndia is expanding exponentially in the retail sector to meet the demands of our ever increasing population. Financial agencies, Banks, IT firms and different companies need the help of retail executives or retail managers to reach out to a large customer base. If students can follow-up their BBM in retail management course with an MBA or PGDBM course, then, even better job avenues will be opened for them. Even some manufacturing companies hire retail management experts to make it easier for them to fulfill customer demands in quick time. With the allowance of FDI in retail in India, there are unlimited job opportunities for retail managers, retail analysts and retail executives to get dream jobs in large super markets, malls, manufacturing firms, etc. Freshers can earn atleast 3.5 lakh per annum and get significant pay hike every year. Experienced retail experts can earn more than 1 lakh per month with few good years of work experience. Another advantage is e-commerce is on the rise in India and linking it with retailing will encourage several entrepreneurs to have their own websites and retail franchises.
