NMIMS Distance MBA in Retail Management

NMIMS Distance MBA in Retail Management

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    Program Features

    Highlights:

    • The NMIMS distance MBA degree program of two years will assist students to master concepts of general management along with principles of retail management
    • The program aids to understand the fundamentals of business management with a specialization in retail management
    • Develop skills to understand various activities involved in the retail management sector
    • Gain insights on the integral role of logistics and supply chain management in the retail sector
    • Develops competency to manage the finance of retail sector
    • Students learn decision-making skills related to store location, design, and management
    • On successful completion of the NMIMS online distance MBA program, the student receives a degree certification in Master of Business Administration (Distance) with a specialization in Retail Management

     

    Outcomes:

    • NMIMS online MBA program specialized in retail management will train students to identify issues and devise a solution in the retail sector
    • The program builds proficiency in planning, evaluation, building, and selecting channels for retail distribution
    • Sharpen skill set to effectively manage the retail channel and come up with innovative strategies for retail marketing
    • Gain insights into management practices followed by organizations and their daily activities related to retail management
    • Students learn the skill to develop an effective marketing plan for different products and services by using various strategies, market research, and distribution principles for retail.
    • Develop skills to manage daily operations of retail store and inventory system management

    Program Structure

    Semester 1

    Subjects Credits
    Management Theory and Practice 4
    Organisational Behaviour 4
    Marketing Management 4
    Business Economics 4
    Financial Accounting & Analysis 4
    Information Systems for Managers 4

    Semester 2

    Subjects Credits
    Business Communication 4
    Essentials of HRM 4
    Business Law 4
    Strategic Management 4
    Operations Management 4
    Decision Science 4

    Semester 3

    Subjects Credits
    Introduction to Retail 4
    Consumer Behaviour 4
    Merchandising Management 4
    Sales Management 4
    Retail Store Design and Location 4
    Retail Store Operation and Inventory Management 4

    Semester-4

    Subjects Credits
    Global Retailing 4
    International Logistics & Supply Chain Management 4
    Marketing Research 4
    Business: Ethics, Governance & Risk 4
    Research Methodology 4
    Project 4

    Career Options

    With the right guidance and resources from the Narsee Monjee Distance MBA learning program, you can carve out a successful business career and always keep a step ahead of the market competition. Some of the career opportunities available on completion of the program are:

    • Retail Manager

    A retail manager is responsible to manage statistical and financial records along with customer queries. He/she also has to optimize pricing and stock holdings to achieve the company’s targe

    • Merchandising Manager

    An associate working as a merchandising manager has to coordinate with clients and suppliers to meet inventory levels

    • Store Manager

    A store manager is responsible to conduct recruitment, selection, orientation, training, and assign tasks to store employees

    • Display Specialist

    An associate working as a display specialist has to prepare compelling presentations of the merchandise that would more customers and in turn boost sales

    • Retail Operations Manager

    The basic job responsibility of a retail operations manager is to manage inventory and ensure smooth workflow in the store.

    Eligibility & Program Fee

    • 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.
      OR
    • 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.

     

    Option 1 : Full Fee Payment (in INR)

    144,000 Pro#

    120,000 Prime※

    Option 2 : Annual payment (in INR)

    77,500 Pro#

    65,500 Prime※

    No. of Years 2

    Option 3: Semester-wise fee payment (in INR)

    41,000 Pro#

    35,000 Prime※

    No. of Semesters 4
    • An initial amount of Rs. 5,000/- from the program fee will be collected at the time of registration.
    • The University offers special incentives to our armed forces with a 20% concession on the program fee.
    • Students can choose from two lecture delivery modes: Pro & Prime
      # Pro : The Pro mode allows students to access live-interactive lectures as well as view recorded lectures
      ※ Prime: The Prime delivery mode allows students to view recorded lectures
      ※ Prime+ : The Prime+ mode allows students to choose access for live-interactive lectures of their choice.
      Note: To get a detailed understanding of the fee structure, contact a student counsellor.
    • In addition, Students need to pay an examination fee of Rs 600/- per subject.
    • Now avail loan facility to pay fees for the Program even without a credit card.
    • EMI Facility (3, 6, 9, 12 months) available via credit cards of the following banks: HDFC Bank, ICICI Bank, Axis Bank, Citi Bank, Standard Chartered Bank, HSBC Bank, Kotak Mahindra Bank.

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