BBA (Retail Management)

BBA (Retail Management)

(1). About the Course

What is Retail Management?

Retail management is a subject of having a look at that imparts understanding and competencies for working in a Retail keep. It consists of the preservation of a retail keep and making sure that merchandise attains clients on time.

It consists of numerous sports like attracting the patron to go to the shop and providing them commodities in step with their want and desire. The average aim of retail control is to make sure the powerful functioning of the retail shops so that patron delight may be maximized. In a nutshell, retail control is all approximately constructing a robust logo photo for the shop and an impactful courting with the clients so that they select the shop for repetitive purchases.

BBA in Retail Management

B.B.A. Retail Management or Bachelor of Business Administration in Retail Management is an undergraduate Retail Management talented diploma this is granted after the powerful end-of a 3 years software or path of paying attention to the discipline of retailing that consists of requirements of retailing, retail activities, and so forth. B.B.A. (Retail Management) diploma covers the research of numerous portions of a retail pastime inclusive of purchasing, advertising, promoting, tasks, inventory control, workforce, and account. The path is to be had for college kids who've exceeded or are performing inside the 10 + 2 examinations and is ideal for a pupil who desires to make a profession in an enterprise that without delay or in a roundabout way makes use of retailing operations.

The important cognizance of the BBA in the Retail Management route revolves around the examination of sports along with purchasing, stock control, and control, employees and useful resource control, marketing, merchandising, control of finances, etc. The route curriculum of BBA in Retail Management is so designed to present a pupil top-to-backside understanding of the functioning and supervision of a retail establishment. Students study key principles along with marketing, consumer dating control, techniques utilized in retailing, human useful resource control, etc.

Since the route additionally includes the examination of topics along with branding and logo control, college students also can search for jobs in associated industries after finishing a BBA in Retail Management route. BBA in Retail Management is a great route for a pupil who has a hobby in or is professional in dealing with and overseeing everyday and long-time period operations of a store. Graduates of the BBA in Retail Management route are certified to successfully cope with the supply, logistics, and inventory control of a retail establishment or the retailing operations of a company. Students also are skilled in direct handling clients along with problem-fixing and interactions to enhance relationships and sales.

Course Highlights

Tabulated below are some of the major highlights of the course.

Why Study a BBA in Retail Management?

Pursuing a BBA Retail after Class 12th is a super manner to kick-start your instructional profession. This is one of the maximum famous expert stages to train you in the basics of control and commercial enterprise. You can begin your profession properly after you have this degree, or use it as a stepping stone to an MBA diploma. Listed beneath are the pinnacle motives to pursue a BBA Retail degree:

(1). Personality Development

A BBA Retail degree isn't always pretty much getting a degree for the activity you want, instead, it's miles an aggregate of theory, realistic expertise application, and persona development. Students emerge as geared up with specific abilities in order to cause them to be healthful experts and set them up for success.

(2). Networking Opportunities

Since BBA Retail is an expert degree, and a maximum number of college students who graduate begin running with inside the expert world, it turns into viable for them to construct a super community of human beings running in specific corporations. Greater networking can open many doorways for them concerning higher jobs.

(3). Professional Degree

BBA Retail Management is a totally expert degree this is designed for college students who're critical approximately stepping into careers in commercial enterprise and control. Students emerge as eligible for buying positions in excellent corporations proper after they have their BBA Retail stages. BBA Retail Management holders have the best employment price compared to different bachelor’s stages.

(4). Gateway for MBA

BBA Retail is fantastic practice for an MBA due to the fact on this path college students recognize the basics of commercial enterprise nicely and are higher prepared. Also, the MBA Retail is in which one has to pick out the specialization, so with a BBA Retail, the professional route turns a good deal clearer.

(5). High Salary Packages

An excessive income, coupled with fantastic blessings, is one of the important dreams of maximum experts that is made viable with the aid of using the BBA Retail degree. This diploma makes one eligible for excellent managerial and administrative professions in which the income and blessings are excellent. BBA Retail Management allows one to get promotions a good deal quicker, and while one switches corporations, he can get a tremendous boom in pay as nicely.

(2). Admission Process

Most institutes providing the route admit college students primarily based totally on their overall performance in an applicable front test, observed with the aid of using a spherical of Personal Interviews. Some institutes behavior their very own front exams for providing admission. The admission technique normally varies throughout colleges.

Types of BBA Retail Management Courses

Both full-time and part-time alternatives are to be had to aspirants for the path. The numerous BBA Retail Management path sorts are precise below:

(1). Distance

The distance BBA Retail application for 3 years isn't supplied in faculties/establishments due to the fact a few faculties aren't capable of offering long-distance mastering for any college students.

(2). Full-Time

The three-year BBA Retail Management application is full-time. Practical know-how is extra vital in this concern than educational comprehension. The gain of a full-time path is that thru near touch with different college students and teachers, college students can gain ways extra exposure, experience, and information. A full-time study, BBA Retail is split into 6 semesters.

(3). Part-Time

Students who're not able to wait for ordinary training have to sign up for the part-time BBA Retail path. The application lasts for 3 years. The gain of taking a part-time path is that scholars can achieve this at the same time as additionally working, going to school, etc. Some establishments provide part-time or distance-mastering BBA Retail programs.

Eligibility Criteria

Listed below are the minimum criteria of eligibility that interested candidates need to fulfill in order to apply for the course.

Admission Process

Accepted Entrance Exams

For admission in retail courses, candidates need to appear for the entrance exams. Most institutes receive rankings of country-wide degree assessments including CAT, XAT, MAT, CMAT, etc. to offer admissions to this course. Besides these national-level tests, State, Central, and Private Universities conduct their own entrance exams. After the entrance exams, candidates are called for a Personal Interview and Group Discussion (this depends on the requirement of the university). Check out the table below to know a few top Retail entrance exams in India:

Skills Required

If you wonder what skills are required for Retail Management, don’t worry; we will solve your problem. In this field, first and foremost, you should have good communication skills as it is a competitive field. Below listed are some of the primary skills required in this field:

Fee Structure

The Bachelor in Business Administration Retail Management path charges may additionally vary based totally mostly on the facilities and the infrastructure provided thru the manner of methods of the College/University. The not-unusual place path fee tiers are from INR 10,00,000-30,00,000.

Listed beneath are a number of the schools with their charge structure are as under:

Selection Criteria

Selection will be made on the basis of merit of the percentage in the 10+2 class or Equivalent, performance in academic and extracurricular activities, essays, and performance in a personal interview.

But some universities take their own entrance test for admission in the BBA Retail management. After the entrance exam, a merit list will be prepared on the basis of the marks obtained in the entrance exam. On the basis of the merit list, all the seats of the college for the course of Bachelor of Business administration in Retail Management will be allotted to the candidates.

(3). Course Comparison

BBA Retail Management v/s BBA Supply Chain

Listed beneath is the contrast between BBA Retail and BBA Supply Chain:

(4). Top Colleges

Some of the pinnacle institutes presenting the direction inside us with the corresponding places and prices charged with the aid of using the respective faculties are indexed below:

 (5). Job & Placements

Retail Management is a rewarding career option. It is a career-oriented program that offers numerous job opportunities to the candidates. The successful graduates of this course can work:

(i). Warehouses
(ii). Export houses
(iii). Movie theatres
(iv). Supply chain and manufacturing companies
(v). In departmental stores
(vi). Supermarket
(vii). Advertising agencies malls
(viii). Retail outlets

After completing this course, one can pursue a career in the government sector such as banking, defense, railways, UPSC jobs, and many others. Students who want to pursue higher studies can go for a Master of Business Administration (MBA) or M.Sc. after acquiring a bachelor’s degree in retail management.

Job Profiles

Some of the top job profiles for BBA in the retail management field are:

Top Recruiters

There are many job sectors and recruiters who recruit these graduates for work. Some of the top recruiters of BBA in the retail management sector are:

Employment Areas

Different employment sectors where retailers are employed in high numbers are:

Average Salary

Salaries are usually given based on the work one does. It may be high for the higher position people while the low for the new graduates. But the new graduates can increase their pay by getting promotions and bonuses for the extra number of hours they work.

(6). Career/Scope

With an envisioned really well worth of around USD 1 trillion, the Indian retail enterprise is the fifth-biggest in the world. It is money owed for a first-rate chew of the Indian economic system and has a crucial percentage of the GDP of India. Plus, there may be a big rating for an increase in city in addition to rural retailing in India. Therefore, it's far pretty obvious that this big enterprise gives limitless professional possibilities and extensive scope of increase for Retail Management experts.

BBA in Retail Management path permits a pupil to faucet into this probably profitable enterprise and affords them with the specified competencies to succeed. Since the path has a completely flexible curriculum related to components of economics, marketing, visible merchandising, sales, and branding in addition to patron support, there are extensive avenues of professional possibilities open for BBA in Retail Management students.

One important drawback to operating with inside the Retail enterprise is the low beginning salaries however with enough experience, experts could make amazing incomes in this field. On pinnacle of that, the sheer wide variety and type of acting roles to be had for a BBA Retail Management graduate also are awesome incentives to take up this path.

Career Prospects

Retail management needs a new generation of smart retail professionals of international caliber, and this course aims To equip such eligible applicants with capabilities inside the first-rate practices accompanied throughout the globe in retail. Retail Managers are responsible for:

(i). the store's sales and employee schedule.
(ii). resolving problems cropping in the store.
(iii). coordinating a store's activities.
(iv). managing a single department in a store, or the entire store.
(v). overseeing a store's operations and staff.
(vi). using visual design strategies to improve the sales of products.
(vii). ensuring that a store operates efficiently and profitably.
(viii).making sure that the store’s personnel carry out adequately.

Purchasing Managers purchase retail merchandise supposed to be bought in stores. Such professionals may choose to specialize in specific retail specialties, such as:

(i). clothing stores.
(ii). beauty supply shops.
(iii). electronics retailers.

Scope of BBA Retail Management in India and Abroad

The retail enterprise is one of these industries that's developing very unexpectedly in today’s world. It has many demanding situations from the world, however, it contributes loads to the country’s economy.

The retail control region within the beyond few years has multiplied the call for greater professional professionals. This profession is the ideal desire for the one's college students who've quite a few hobbies in merchandise, marketplace and marketing, sales, marketing and marketing, campaigning, and marketplace research. Several activity possibilities are to be had for college students in departmental stores, advertising agencies, delivery chains, supermarkets, and plenty of greater.

They need to immediately talk with the clients and additionally preserve coordination with the enterprise departments. Specialists who contend with that thing are referred to as retail managers. They paint in fixing problems, studying the delivery, accepting and turning in retail orders, Human Resources, and stocks.

Career options after BBA in Retail Management

Candidates can choose to study higher education or do a job after completion of the course retail management. Below mentioned are the Retail Management Job Profiles.

(i). Marketing Executive
(ii). Warehouse Manager
(iii). Department manager
(iv). Brand manager
(v). Customer relationship manager
(vi). Retail manager
(vii). The store manager
(viii). Merchandiser
(ix). Retail Buyer
(x). Analyst
(xi). Supply chain manager

Scope for Higher Education in BBA Retail Management

Students who choose BBA Retail Management will hire auditors to help them deal with and settle supply crises. Following undergraduate studies, one may pursue various MBA programs, such as MBA Retail, or other specialization courses, such as the supply chain analyst certification program, logistic management, and production management certification. Some of the courses that students can pursue include:

(i). MBA
(ii). PhD

Skills that make a good Graduate in Retail Management

For being an efficient and effective manager in the retail management sector, he/she needs to have some of the following skills:

(7). FAQs

(1). What is BBA in Retail Management?

(2). What is retail management?

(3). What is the duration of the course BBA in Retail Management?

(4). What is the average fee for the course BBA in Retail Management?

(5). What is the average salary offered after a Retail program?

(6). What is the eligibility to get admission at the UG level?

(7). What are the different specialization options for me after completing the bachelor’s degree?

(8). What courses are available to pursue a career in retail?

(9). What entrance examinations do I need to qualify to get admission in the Retail management course?

(10). What are the popular specializations related to BBA in Retail Management?

(11). What are the top employment sectors in the field of BBA retailing?

(12). Can retail management courses be pursued online?

(13). What soft skills are required for retailing?
Ans. (i). Good communication skills
(ii). Customer service approach
(iii). Leadership qualities
(iv). Organizational skills
(v). Time management skills
(vi). Analytical skills, etc.

(14). What are the top colleges offering BBA in Retail Management courses?
Ans. Following are some of the top colleges offering Management courses:
(i). Institute of Management Technology (Ghaziabad)
(ii). Shailesh J Mehta School of Management (Mumbai)
(iii). Indian Institute of Foreign Trade (New Delhi)
(iv). National Institute of Industrial Engineering (Mumbai)
(v). Indian Institute of Management (Kozhikode), etc.

(15). Do retail management courses have demand in India?