Retail Management

Program Overview

The Graduate Management Trainee Program (GMTP) in Retail Management trains at how retailing has developed within a business context, how retail outlets work and how to apply retail marketing. The program covers contemporary factors that affect retailing such as globalization, the impact of ever-changing technology, and social and ethical issues. The purpose of this program is to introduce students to the main functions and management of a retail business and the key issues associated with understanding retail trading and retail environments.

Retail industry is highly dynamic and innovative. The Indian retail industry has emerged as one of the fast-paced industries due to the entry of several new players. It accounts for over 10 per cent of the country's Gross Domestic Product (GDP) and around 8 per cent of the employment. India is the world's fifth-largest global destination in the retail space. Unfazed by demonetization, Retail got over USD 0.7 billion of investment in 2016 & is expected to grow at a CAGR of 13%. India's retail market is expected to nearly double to US$ 1 trillion by 2020 from US$ 600 billion in 2015, driven by income growth, urbanization and attitudinal shifts. While the overall retail market is expected to grow at 12 per cent per annum, modern trade would expand twice as fast at 20 per cent per annum and traditional trade at 10 per cent. Online retail is expected to reach US$120 billion by 2020.

Professional Learnings
  • Retail Operations & it's Importance
  • Retail Planning
  • Retail Outlets & Locations
  • Retail Sourcing and Inventory Management
  • Challenges and Opportunities for Retailing
  • Retail Merchandising
  • Retail Branding & Marketing
  • Customer Service and Satisfaction

Career Avenues
  • Merchandiser
  • Store Management
  • Floor In charge
  • Helpdesk Management
  • Cashiering
  • Store Operations
  • Business Development
  • Customer Services

Top Employers
  • Marks & Spencer
  • Lifestyle international
  • Metro Cash and Carry
  • Best Price
  • Shoppers Stop
  • Aditya Birla - More Stores
  • Big Bazar
  • Croma Retail
  • Reliance Retail
  • Easyday
  • Landmark Group
  • Ambience Group
  • Pantaloons Retail Limited
  • Zara
  • The Spa Group
  • Decathlon Sports India Pvt. Ltd
  • Biba Apparels Pvt. Ltd. are amongst few.

Program Eligibility :Bachelor's Degree or equivalent in any discipline. Final year student can also apply.
Program Duration: 6 Months
Program Fee : INR 100,000/-