Retail Course – for a career in Retail Industry

Introduction to Retail Industry:
Organized Retail in India is in a growth phase and so there are many job opportunities available in this sector. Since this is a people intensive sector with many large Indian business houses, luxury brands, international retail chains, specialty chains in sectors like pharma, jewellery, books, apparels, electronics etc setting up and expanding operations in India, there is a tremendous scope for growth and avenues of employment to people from all educational and experience backgrounds. A qualification in retail will prepare you for an entry into the career, will help you understand the industry and hence perform well.
There is a huge scope for the growth of the organized sector in India. According to the various surveys conducted individually:
· In the next five years, India’s retail industry will expand more than 80%
· In India there will be 20% growth for the organized retail segment by 2010.
· The size of the organized retail will grow three times in the next 4-5 years 17 billion dollars as against current size of 6 billion dollars.
· India will witness the fastest growth in retailing and real estate.
· India is rated 6th in the global retail development index.
· India is the 5th among the 30 emerging markets for new retailers to enter.
The courses in Retail are established to promote the professionalism in the fashion & retail industries all over the world where they offer bachelor’s level experience across disciplines in business, fashion, and design. Complementing the fashion design, retail, and business coursework, the General Education program emphasizes strong written and verbal communication and presentation skills. Students will receive a well-rounded foundation in general education to effectively prepare them for the business world. They will have multiple opportunities to develop real-world projects that are taken from concept to final product.
A course in Retail Management which will not only equip the students with the right skills but also inculcate the required values. The idea of these course is to provide a breeding ground for future retail managers who would be geared up to face the demands of a retail job. On the demand side, there is a perceived need for a retail management course to cater to the growing number of people wanting to make a career in retail.

Eligibility:

1. Mainly for the retail course, eligibility is graduation (in any stream). This is the eligibility in almost all colleges.
2. Only a few colleges prefer 10+2 (HSC, Matriculation), while a few prefer 2years of work experience.

Career options:
After completion of this course there are various options, wherein you might be placed. A few of them are:

1. Fashion Merchandiser
2. Buyer in Retail Outlets
3. Frontline Supervisor
4. Frontline manager

Remuneration:
Your Remuneration ranges from Rs.7,000/- to Rs.30,000/- per month depending upon your post and number of years of work experience.

Cost of course:
The fees of the Retail course ranges from Rs.40000/- to Rs.200000/-

Institute/college:
A few Colleges and institutions where the Retail courses are conducted are given below:
1. Welingkar
2. KJ Somaiya
3. Chetana
4. Sasmira Retail and many more

For a detailed review of colleges and institutions offering this course click here.