Modern Institute of Technology and Management Bhubaneswar MBA Retail Management: Fees 2025, Course Duration, Dates, Eligibility

Master of Business Administration [MBA] (Retail Management) is a postgraduate course in management. It is the branch of management that deals with the aspects related with retail management. It is concerned with the latest concepts and practices regarding functional areas of management.

The duration of Master of Business Administration [MBA] (Retail Management) is 2 years. The minimum eligibility for this course is a graduation degree passed with a minimum score of 45% from any recognized university. Candidates from any background are welcomed to apply for this course.The average tuition fee of Master of Business Administration [MBA] (Retail Management) ranges from INR 2 to INR 5 lakhs depending on the colleges. However in some top private b schools like KJ Somaiya, Symbiosis or Amity Business School MBA Retail Managemnt may cost 7 to 10 lakhs.

The most common route to this course goes through an entrance test. Passing any of CAT, XAT or MAT qualifies the candidates for most of the institutions across India. Other than these tests, some institutes hold test of their own to take admissions.

The retail management graduates enjoy a mounting demand in restaurants, logistics, banks, warehouses, book shops, cafes, shopping malls, multiplexes, airlines, insurance and advertising agencies.

Duration

The duration of Master of Business Administration [MBA] (Retail Management) is 2 years spread over four semesters.

What is Master of Business Administration [MBA] (Retail Management)?

Master of Business Administration [MBA] (Retail Management) is focused on management of retail business. Retail is single step interaction in small quantities between buyer and seller in the form of exchange of goods. Retail management is application of managerial skills for making the retail process more efficient and streamlined. This course aims to equip the students with the same managerial skills. Along with the general management perspective, this course provides an insight into fundamentals and practices concerned with functional areas of management. The students are taught to identify problems, think creatively and come up with innovative methods to improve and better the retail process.

Who Should Opt for Master of Business Administration [MBA] (Retail Management)?

Students with a strong understanding of commodities market, diversification of market and market segments can excel at this course. Candidates with critical thinking as their strongest suit are tailor made for this course. Time management and organization are other attributes which go well this course. The students who hold a keen interest in retail sector should look no further than this course. Aspirants with excellent communication skills are always welcomed for any management program. The students with a penchant for leadership and motivation can opt for this course. This course suits well to the students who look for flexibility in their career in form of job of a business of their own. Students with critical thinking ability, quick decision making skills and problem solving skills can take this course and further develop themselves.

Where to Study?

The top colleges offering Master of Business Administration [MBA] (Retail Management) are:

• Symbiosis Institute of Management Studies, Pune
• Amity Business School, Noida
• KJ Somaiya Institute of Management Studies and Research, Mumbai
• Prince LN Weligkar Institute of Management Development & Research, Mumbai
• Andhra University

Academic Options after Master of Business Administration [MBA] (Retail Management)

Post completion of Master of Business Administration [MBA] (Retail Management), the students can introduce further qualification on their CV. By pursuing M. Phil. or Ph.D., they can step into the field of research. The students can opt for PhD in retail management offered by many universities. Alternatively, the students can pursue a doctoral program at Jaipuria Institute of Management.

Aspirants seeking admission to 2 years Full-time MBA Program should meet the following criteria as specified by the institute.

Academic Requirement:

Candidate must have done graduation and a bachelor's degree in any discipline obtained through the 10+2+3 system or equivalent qualification or equivalent CGPA of any of the Universities incorporated by an act of the central or state legislature in India.