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Diploma in Retail Management is an undergraduate diploma course which covers a time span of 1 to 2 years in the retail management field. It teaches students on the skills that are necessary in managing operations in the retail business. This includes areas like retail selling, customer service, merchandising, and stock control, retailing financial, and visual display. The curriculum includes the introduction of theories and practical skills that would allow students effectively work in the retail stores and malls. The program duration can take 12 to 24 months depending on the type of diploma that a student intends to undertake. There are a number of part time diploma programs available in institutes that takes up to 3 years in completion and can suit the needs of working men and women of the retail sector.
The Part-time Diploma in Retail Management does not require entrance examinations for admission into its program. It is done based on merit of their 10+2 or graduation for students who want to join this university. While few institutes offer full-time diploma, they don’t consider candidates 10+2 score for admission, other institutes have their own written exams related to basics of retailing, mathematics and aptitude tests. Some of the few top B-Schools that offer Diploma in Retail Management may also have Group Discussion and Personal Interview in addition to a Written Admission Test for the final stage of selection of the candidates for the specific programs of study.
| Stage | Description |
|---|---|
| Eligibility | Meet the academic requirements. |
| Application and Shortlisting | Submit your application and supporting documents. |
| Interview and Group Discussion | Showcase your skills and potential. |
| Final Selection and Offer | Secure your place in the program! |
Tabulated below is the collection of the Top 10 Diploma in Retail Management Colleges in India with Fee Structure, including their key features.
| Syllabus Area | Detail |
|---|---|
| Foundations of Retail | Introduction to retail, evolution of retail formats, retail environment, consumer behavior, customer service. |
| Retail Operations Management | Store planning and layout, merchandising, inventory management, pricing, supply chain management, technology in retail. |
| Marketing and Communication | Retail marketing principles, branding, advertising, promotion, digital marketing, social media marketing, PR in retail. |
| Human Resource Management in Retail | Recruitment and selection, training and development, performance management, employee relations, labor laws in retail. |
| Financial Management for Retail | Financial statements, budgeting, cost control, risk management, profitability analysis, financial tools for retail. |
| Sales and Service Excellence | Selling techniques, customer relationship management, negotiation skills, complaint handling, service recovery strategies. |
| Retail Laws and Ethics | Consumer protection laws, competition laws, labor laws, ethical decision-making in retail, corporate social responsibility. |
| Specialization Courses | Depending on the program, you might choose electives like e-commerce management, luxury retail, fashion retail, visual merchandising, retail analytics. |
| Practical Learning | Case studies, projects, internships, guest lectures, industry visits, simulations, to apply theoretical knowledge to real-world situations. |
Tabulated below is the collection of the Top 10 Colleges in India with Fee Structure, including their key features.
| Name of the institute | Fees | Specialization |
|---|---|---|
| IIM Bangalore | INR 2,450,000 |
Business Analytics |
| Film and Television Institute of India | INR 77,813 |
Electronic Cinematography Television Direction (Television) Video Editing Sound Recording & Tv Engineering |
| IIM Calcutta | INR 3,100,000 |
Executive |
| IIT Madras | INR 1,350,000 | -- |
| IIM Ahmedabad | INR 3,150,000 | -- |
| Indian Institute of Science | INR 266,500 | -- |
| IIT Bombay | INR 4,200,000 | -- |
| Indian School of Business | INR 4,700,000 | -- |
| Loyola Institute of Business Administration | INR 969,400 |
Finance Marketing Business Analytics Human Resource Management Operation |
| Department of Management Studies IIT Delhi | INR 1,170,000 |
Executive |
Tabulated below is the collection of the Top 10 Government Colleges in India with Fee Structure, including their key features.
| Name of the institute | Course Name | Fees |
|---|---|---|
| Film and Television Institute of India | Post Graduate Certificate | INR 77,813 |
| IIM Calcutta | Master of Business Administration [MBA] (Executive) | INR 3,100,000 |
| IIT Madras | Post Graduate Program for Executives for Visionary Leadership In Manufacturing [PGPEX-VLM] | INR 1,350,000 |
| Indian Institute of Science | Master of Management | INR 266,500 |
| IIM Bangalore | Post Graduate Programme in Business Analytics | INR 2,450,000 |
| IIM Ahmedabad | Post Graduate Program in Management for Executives [PGPX] | INR 3,150,000 |
| IIT Kanpur | Master Program | INR 800,000 |
| Department of Management Studies IIT Delhi | Master of Business Administration [MBA] (Executive) | INR 1,170,000 |
| IIM Kozhikode | Post Graduate Program in Business Leadership [PGPBL] | INR 2,250,000 |
| IIT Delhi | Master of Business Administration [MBA] | INR 1,040,000 |
Tabulated below is the collection of the Top 10 Private Colleges in India with Fee Structure, including their key features.
| Specialization | Average Salary (INR) |
|---|---|
| Sales Associate | 15,000 - 25,000 per month |
| Assistant Store Manager | 25,000 - 35,000 per month |
| Visual Merchandiser | 20,000 - 30,000 per month |
| Procurement Specialist | 25,000 - 40,000 per month |
| Marketing Manager (Junior) | 30,000 - 45,000 per month |
