Scope of retail management course is it good for me if I am already a merchant and give me the reference of best colleges of MBA in retail

manpreet Best Answer 3 years ago

With the introduction of open economy followed by boom in consumerism in India and growth of organised retailing, the market had big expectations from the retail sector both in terms of growth in business and in creating job opportunities. Several institutions came up with retail management programs with a hope to attract a large number of students who are keen to explore their career in retail. 15 years later, today, retail sector does not look as great to many as expected. However, with the opening of FDI in retail the high hopes on retailing management took a rebirth. If large global retailers open their stores across India then with the likes of IKEA, TESCO, Wal-Mart stepping on the Indian soil, the global standard of retailing is expected to reach India soon with all its benefits including better industry practices and training, better salary packages and promising career opportunities in retail management. We may need to wait for a year more to see how the FDI is transforming the Indian retail scene and what are the real prospects and scope of Retail management.