Is an MBA in Retail Management really worth doing in terms of job opportunities in India??
Author: Sheo Shankar Jha Post Date: 16 Apr 2024
Opportunities are awaiting the aspirants in the retail management sectors where jobs are being offered by different multinational companies such as Google, Microsoft, Amazon, Wal-Mart, Future Group, Aditya Birla, Alibaba and many more companies are interested in offering jobs to the talented aspirants. These companies are reputed companies in the retail sector and have proved their worth in the area of business.
Aspiring candidates after their MBAs in retail management will have tremendous opportunities for their growth if they have a true inclination toward retail management. However, the aspirants are required to develop the following skills to be successful in their chosen careers. I have enlisted a few inputs which could help them secure a job of their choice with a multinational company-
1) The aspirants must have the wisdom of the problem skills, especially in the areas of Data Structures and Algorithms. Apart from that, they must be conversant with the tools of Dynamic Programming and Graphics.
2) The aspiring candidates must be efficient in their design skills and can construct high-level components apart from designing low-level features.
3) During the process of interviews with the employers, they should demonstrate their leadership skills with a positive response to a query made by a member of the Board.
4) The Interview Board might ask questions related to the fundamentals of the field of Operating Systems, DBMS and Computer Networks. Hence a thorough familiarity with such skills is highly desirable.
If the aspirants are sincere and work hard to consistently understand the fundamentals of Retail Management taught in their class sessions while doing their MBAs, there is no reason why they would not be successful in this field.
Opportunities are awaiting the aspirants in the retail management sectors where jobs are being offered by different multinational companies such as Google, Microsoft, Amazon, Wal-Mart, Future Group, Aditya Birla, Alibaba and many more companies are interested in offering jobs to the talented aspirants. These companies are reputed companies in the retail sector and have proved their worth in the area of business.
Aspiring candidates after their MBAs in retail management will have tremendous opportunities for their growth if they have a true inclination toward retail management. However, the aspirants are required to develop the following skills to be successful in their chosen careers. I have enlisted a few inputs which could help them secure a job of their choice with a multinational company-
1) The aspirants must have the wisdom of the problem skills, especially in the areas of Data Structures and Algorithms. Apart from that, they must be conversant with the tools of Dynamic Programming and Graphics.
2) The aspiring candidates must be efficient in their design skills and can construct high-level components apart from designing low-level features.
3) During the process of interviews with the employers, they should demonstrate their leadership skills with a positive response to a query made by a member of the Board.
4) The Interview Board might ask questions related to the fundamentals of the field of Operating Systems, DBMS and Computer Networks. Hence a thorough familiarity with such skills is highly desirable.
If the aspirants are sincere and work hard to consistently understand the fundamentals of Retail Management taught in their class sessions while doing their MBAs, there is no reason why they would not be successful in this field.
Author: DR.N.V. Srinivasa Rao Post Date: 16 Apr 2024
The career opportunities depend on the institute from which the candidates obtained their MBA, what percentage they got in the course, what skills he is having etc. Many institutes are giving MBA degrees but no recruiter will take them seriously as they may feel there is no value for MBAs from such institutes that are not reputed.
Introduction
An MBA in Retail Management is having a good career prospect. The retail industry in India is dynamic and growing steadily. This course offers opportunities in many areas including traditional retail management, e-commerce and supply chain management.The career opportunities depend on the institute from which the candidates obtained their MBA, what percentage they got in the course, what skills he is having etc. Many institutes are giving MBA degrees but no recruiter will take them seriously as they may feel there is no value for MBAs from such institutes that are not reputed.
Career Scope
The following are the opportunities.- Many companies in India are operating in Rtrail management. These companies offer jobs to MBAs in their organisation, such as-
- These candidates will be absorbed in the Marketing department as field persons and will get positions like Marketing Managers, Marketing Officers etc. based on their experience and the quality of the degree.
- These graduates will be offered various positions in supply chain Management. The designations will be like store manager, purchase manager etc.
- The candidates will also be absorbed as Operations Managers etc in their operations
Salary range
The salaries will not be the same for all the positions and all the companies. The salary will depend on the skills of the individual, the experience, presentation skills etc. The salary levels are between 3 LPA to 10 LPA.
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