The Blossoming Scope of Retail Management PGDM RM at BIMTECH: A Comprehensive Guide for Aspiring Leaders

As we venture into the era of the

seller’s market and

buyer’s market, the dynamics of retail management have undergone a transformative shift. No longer do customers have limited options; now, the market revolves around the central foundation of the customers themselves. This places a high premium on the strategic skills required to not only attract these discerning consumers but also to provide them with the right product

that resonates with their taste and style. BIMTECH, a leading institute in Delhi, offers a robust

Post Graduate Diploma in Management (PGDM) specialisation in Retail Management at its campus in Noida. This comprehensive 2-year program covers 2400 hours of structured learning and aims to equip future retail leaders with the skills and knowledge needed to excel in this dynamic field.

About BIMTECH Noida

BIMTECH, established in 1988, is a prominent player in the world of management studies in Delhi. With a rich history of excellence and a commitment to quality education, the institute has earned numerous accolades and awards. According to the 2020 NIRF rankings, BIMTECH is recognized as one of the top 50 private institutions in India. The institute is renowned for its state-of-the-art facilities and a dedicated focus on academic excellence, ensuring students receive a world-class education.

About the Course

The PGDM in Retail Management program, launched in 2002, is a comprehensive 2-year course divided into 3 trimesters annually. The immersive curriculum includes:

2400 hours of structured learning MOUs with the Retailers Association of India (RAI) for industry collaboration Accreditation from All India Council of Technical Education (AICTE), National Board of Accreditation (NBA), and Association of Indian Universities (AIU) Elective papers in the second year to deepen student understanding Live sessions and industry interactions to enhance learning A three-month full-time internship program Peer-to-peer interaction and mentorship from industry experts A three-month full-time internship program A student exchange program with international universities Industrial collaborations for on-the-job training

Salient Features of the Course

The course at BIMTECH boasts several salient features designed to enhance the learning experience and real-world applicability:

Credit-Based Short-Term Projects: Organizational projects help students apply theoretical knowledge and gain practical skills. Training alongside a Job: Hands-on experience in a retail setup to perfect real-life retail functions. FROOSH - A Retail Lab: An experiential learning lab where students can implement retail strategies and processes. Industrial Visits: Exposure to various sectors to understand industry procedures, formalities, and regulations. Internship: A 3-month full-time internship to gain practical experience. Student-Exchange Programs: Opportunities to study abroad and gain international exposure. Industrial Collaborations: Collaborations for on-the-job training with leading retail brands.

Key Retailers Collating with BIMTECH

BIMTECH has established partnerships with numerous leading retail companies to provide its students with unparalleled learning and placement opportunities. Some of these key players include:

TITAN Shoppers Stop Reliance Retail Reliance Fresh Pantaloons Calvin Klein Levi's Fck Calvin Klein GAP Kazo Decathlon Nurturing Green Bata Bindals Big Boy Toys United Colors of Benetton

Career Opportunities

The retail management industry is highly dynamic and offers a plethora of career opportunities, including:

Retail Manager Store Manager Retail Buyer Merchandiser Supply Chain Distributor Marketing Executive Warehouse Manager Customer Service Representative Image Processor Department Manager

Considering the previous batch data, graduates from BIMTECH have enjoyed an average pay scale of Rs 7 lakh CTC. Some prominent Key recruiters include Accenture, Wipro, TCS, Big Basket, HM Metro, More Infosys, Aditya Birla, Calpro, Federal Bank, Pantaloons, Ninjacart, and many more.

The Significance of Consumerism

The burgeoning retail sector is a critical contributor to business revenue, extending beyond mere shopping malls, supermarkets, and complexes. The growth in consumerism signifies the increasing importance of a career in retail management. Those aspiring to be part of this exciting industry can follow the path offered by BIMTECH, which provides a robust foundation for a successful retail career.

Online Management Courses

For those interested in pursuing a management course online, upGrad's Management Programs offer dual degree certificates from two universities, providing a unique blend of peer-to-peer online interaction and mentorship from industry experts. These programs are designed to cater to the evolving needs of modern business leaders, equipping them with the necessary skills to succeed in today's dynamic business landscape.

Conclusion

BIMTECH's PGDM in Retail Management offers a holistic education that prepares students to excel in a highly competitive and evolving retail environment. With its verifiable industry partnerships, expert faculty, and comprehensive curriculum, this program stands out as an ideal choice for anyone passionate about retail management. Whether you aspire to work in retail management, marketing, or any other related field, BIMTECH's PGDM in Retail Management is a stepping stone to a rewarding and fulfilling career.