Distance MBA in Retail Management - NMIMS

Program Features

The two-year M.B.A. degree program allows you to combine general management concepts with retail management principles. With an emphasis on retail management, the fundamentals of business management are taught in an MBA program in retail management. The course discusses the different events that take place in the retail industry. In the organized retail sector, it also recognizes the critical role of logistics and supply chain management and the importance of governance and risk.

The software will assist you in comprehending the financial and expense aspects of working in the retail industry. The two-year curriculum puts decisions about store location and design into action. Students can earn a Master of Business Administration (Distance) degree credential upon completing this program.

Outcomes

The course’s goal is to help students identify problems and develop solutions in the retail management sector. The aim is to use it in retail distribution channel preparation, assessment, design, and selection. The course teaches you how to handle retail platforms and build retail marketing strategies efficiently. It teaches students how to comprehend the management of shops or large malls and the dynamics of their day-to-day operations.

The course teaches how to integrate marketing ideas, tactics, analysis, and retail distribution principles to create a marketing strategy for new or existing goods or services. It also oversees retail store operations and inventory management.

Course Duration

Distance MBA in Retail Management is 2 years long with 2 semesters each in one year. It has 4 semesters in total.

Faculty

An experienced faculty makes up the NMIMS Distance MBA in Retail management. It’s a team of academics and business experts who will walk you through every step of the process.

Dr. Pooja has worked in the business world for the past seven years.
Prof Chouhan is a Global Reporting Initiative (GRI) Certified Training Partner and Amsterdam’s local content developer.
Dr. Dimple has over 19 years of academic experience.
Dr. Deepak has over 9 years of academic experience, having previously worked with Asian Paints and Unilever.
Dr. Kelkar is a recognized Ph. D. guide at the University of Mumbai.
Prof. Shah is a chartered accountant with a DISA qualification.
Prof. Brinda had taught Information Technology for over 9 years.
Prof. Harneet Jayakar graduated from the Institute of Management Technology in Ghaziabad with a master’s degree in marketing.
Prof. Shrinivas has worked in corporate policy, strategic intelligence, and analysis for over 14 years.
Prof. Sabat has over 15 years of experience in the fields of education and business management.
Dr. Chakrabarty is a professor at the University of Massachusetts Lowell.
Prof. Seth is an enthusiastic business trainer with over ten years of experience.

Career Options

With the right tools and resources, you can gain an advantage over the competition and create a long-term, successful company. The curriculum prepares you for a variety of tasks, including:

Merchandising Managers

Merchandising Managers are analytical experts responsible for the procurement, management, and curation of a company’s goods and advertising materials. Their responsibilities include supervising the purchasing process, predicting inventory demands and patterns, and negotiating with suppliers.

Retail Managers

A general retail manager is in charge of the day-to-day operations of a retail establishment. They are in charge of all facets of revenue, employees, and inventory on a day-to-day basis. The retail manager is responsible for all store staff, and the retail manager reports to a district or general manager.

Store Manager

A store manager is in charge of the store’s day-to-day activities and ensures that it is profitable.

Display Specialist

They successfully execute design decisions and present products in a convincing manner that will attract consumers and increase sales.

Retail Operations manager

A retail operations manager is in charge of ensuring that all stores under their supervision are properly staffed at all times.

Hiring Partners

NMIMS has established partnerships with various multinational businesses, corporations, and start-ups to provide opportunities to students who have completed our programs.

Some of the companies are:

Teleperformance
ToneTag
Trans Asia Group
Vivo
YOptima
Zalaris
Zar
3i Infotech
Aexonic
Alchaw Metprint
Aviva

Eligibility

The eligibility for Distance MBA in Retail Management from NMIMS is

Bachelor’s degree (10+2+3) in any discipline from a recognized university or an equivalent degree recognized by the Association of Indian Universities (AIU) with a minimum of 50% at the graduation level.
OR
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 of 2 years of work experience and less than 50% marks at the graduation level.

Program Fee

The fees for Distance MBA in Retail management are Rs. 1,44,000/-. This is the full amount for the course. Fees can be paid annually as well. For this, students need to pay Rs. 77,500/- annually. Rs. 41,000/- needs to be paid if students need to pay the fees semester-wise.

The admission Processing Fee of Rs. 1,200/- is applicable for all admissions—an initial amount of Rs. 5,000/- from the program fee will be collected at the time of registration.

The above-mentioned fee structure is subject to change at the discretion of the University. Any payment made via Demand Draft should be made in favor of “SVKM’s NMIMS” payable at Mumbai.
Besides, 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, SBI, Kotak Mahindra Bank.

Mode of class

Students can choose between two types of lecture delivery: Prime & Pro

Pro: Students can access live-interactive lectures as well as recorded lectures in the Pro model.
Prime: Students can watch recorded lectures using the Prime delivery mode.
Prime+: The Prime+ mode allows students to choose which live-interactive lectures they want to attend.

NMIMS Vision

NMIMS’s vision is to develop and offer quality programs, curricula, and services to students with uncompromising work ethics. It aims at nurturing a pool of highly employable graduates.

NMIMS Mission

In a globalized world, NMIMS commits to training students to meet corporate demands. NMIMS accomplishes this by encouraging technologically-enhanced teaching and learning opportunities and utilizing different modes of delivery of courses. By developing an atmosphere characterized by consistency, ease, timeliness, and accuracy, NMIMS reaches out to various learners. NMIMS’s mission is to create an environment of high standards for our students’ performance and corporate partners through our values.

NMIMS Program

NMIMS services are structured to help develop working professionals’ awareness, skills, and abilities while keeping their busy schedules in mind. The NMIMS curriculum, courseware, and pedagogy are regularly checked and reviewed to remain relevant and updated. Our services are sponsored by comprehensive research studies carried out by our faculty. NMIMS is committed to creating an enriching learning environment for our students. This will prepare them better for the future.

NMIMS Credibility

The University Grants Commission (UGC) & the Distance Education Bureau (UGC-DEB) of India have approved and accepted NMIMS programs. In 2018, UGC (University Grants Commission) granted NMIMS Autonomy Category I, granting us detailed approval to deliver programs across open & distance learning modes.

In its third evaluation period in 2018, which reflects the highest academic leadership levels, the National Assessment and Accreditation Council accredited us with Grade A+.

Why NMIMS is different

Via enhanced & up-to-date technology, NMIMS is focused on providing students an enriching and engaging online experience. NMIMS has a coveted faculty of experts and academics whose primary purpose is to direct students through their professional challenges. NMIMS program structure is based on the KSA (Knowledge-Skill-Attitude). This enables working professionals to learn key skills and competencies needed to succeed in the workplace. The 3 foundations of the KSA structure would improve the student’s capacity in their professional career to face VUCA (Volatile-Uncertain-Complex-Ambiguous).

Here is the list of MBA Specializations offered by NMIMS :

Program Eligibility

The eligibility for Distance MBA in Retail Management is Bachelor's degree (10+2+3) in any discipline from a recognized university or an equivalent degree recognized by the Association of Indian Universities (AIU) with a minimum of 50% at the graduation level. OR 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 of 2 years of work experience and less than 50% marks at the graduation level.