MBA in retail management is intended to increase the managerial capacity of professionals who plan to pursue a career in retail management. The MBA program will help in creating a deeper understanding of the fundamentals of management and its application in the retail industry.

The retail industry is highly dynamic in nature and in order to cope up with the changes, managers need to constantly acquire and update their skills and also should increase their skills. Gone are those days where retailing was considered as just selling products to customers. Now it includes in depth study and analysis of various parameters such as catchment analysis, location planning, logistics and supply chain management.

Small Scale Industries

The small and medium enterprises sector in India has come up as a highly dynamic sector. It is providing millions of employment opportunities to men and women in the rural and backward areas. The main attraction of SME is the low capital investment when compared to large industries. SME sector has been instrumental is reducing regional disparities and providing equitable distribution of national income and wealth.

The vibrant economic scenario around the world has offered various opportunities and challenges to the SME sector. The current scenario has opened up many opportunities to improve productivity and to aim for new markets. A challenge being faced by SME is the lack of strategic tools to develop their business.

Role of Retail Management

Small and medium sector in India is highly unorganized and more over they lack tools that will help in expanding the business. MBA in retail management will equip professional with various aspects of management. This will include areas such as Operations, Marketing, Finance, IT and Human resource. So MBA in retail management will help professionals to develop tools that will help in developing the business and to organize various activities associated with it. Parameters such as market analysis, location planning, supply chain management, logistics can easily be determined that will help in obtaining customer satisfaction. It will also provide insights into matters such as improving productivity and efficiency and also the requirements demanded by the industry. By pursuing MBA in retail management will get a hands on experience in Data analysis tools, data interpretation, Quantitative modeling and also will improve leadership and communication skills.

So MBA in retail management will help in providing support to small industries with the help of various management practices and tools.