Diploma in Retail Management

Kripal Thapa

Diploma in Retail Management is a one-year diploma course that specializes in Retail Management. The students pursuing the Diploma in Retail Management course have many job opportunities such as Retail, Management, Sales, etc. They can work in both the private and public sectors of various reputed organizations in India and abroad.

About Diploma in Retail Management

CAREERINDIA defines Diploma in Retail Management as, “Retail Management is the process which helps the customers to procure the desired merchandise from the retail stores for their personal use. It includes all the steps required to bring the customers into the store and fulfil their buying needs.”

Table of Contents

• Diploma in Retail Management Eligibility Criteria
• Diploma in Retail Management Admission Process
• Popular Diploma in Retail Management Entrance Exams
• Top Diploma in Retail Management Colleges
• Why Choose Diploma in Retail Management?
• Diploma in Retail Management Fees Structure
• Diploma in Retail Management Syllabus and Subjects
• Preparation Tips for Diploma in Retail Management
• Scope of Higher Education for Diploma in Retail Management
• Diploma in Retail Management Salary
• Diploma in Retail Management Career Options
• Skills to Excel

Also Read: List of Diploma Courses after 12th

Eligibility Criteria for Diploma in Retail Management

Admission for the Diploma in Retail Management course in India requires the aspirants to complete their Secondary or Higher Secondary education with a minimum of 50% aggregate marks. Also, along with the essential eligibility criteria, the students pursuing the Diploma in Retail Management course must have cleared the standard entrance examination. There is no specific age limit or criteria for getting a Diploma in Retail Management admission.

Admission Process for Diploma in Retail Management

The admission process for Diploma in Retail Management in India is carried out either from the college premises or online. The admission process for the course is undertaken strictly based on the scores from Secondary or Higher Secondary education exams along with the marks scored in aptitude exams.

How to Apply?

The aspirants can apply for the Diploma in Retail Management course by downloading an admission form available online at the university or on the college website. After submitting the application form, the aspirants will then be invited by the college officials to appear for a written test followed by a personal interview, group discussion, and counselling.

Selection Process 

The selection process for the course is carried out based on the entrance exam scores in Secondary or Higher Secondary education. The Diploma in Retail Management course after the university or college conducts a written test, personal interview, counselling, and group discussion, the aspirants are allocated seats based on various Diploma in Retail Management eligibility criteria fulfilled by the aspirants proposed by the college/university officials.

Popular Entrance Exams for Diploma in Retail Management

There are few entrance exams for the Diploma in Retail Management course in India for which the students can attend. Appearing for entrance exams is an essential criterion and a good merit score from the diploma course in the interior designing field. Some of the very best and mandatory Diploma in Retail Management entrance exams are:

• XAT
• CAT
• MAT

Quick Glance At the Diploma in Retail Management Entrance Exams

The Diploma in Retail Management eligibility criteria for entrance exams depends entirely on the colleges and universities that conduct the exam.  The entrance examinations conducted some topics from 11th, 12th, and The Diploma in Retail Management eligibility to analyze the aspirants' knowledge and abilities regarding the course as a whole. The test includes:

• MCQ with subjective-objective type questions with a negative marking system.
• The entrance exam is conducted in the English language.
• The duration of the entrance exam is 3 hours with 100 marks exam.
• The topics are English comprehension, quantitive analysis, etc.

Top 10 Diploma in Retail Management Colleges in India

Top Diploma in Retail Management colleges in India and abroad offer Diploma in Retail Management courses in diplomas to students interested in learning applications related to design and construction. Some of the very best colleges for Diploma in Retail Management colleges in India are as follows:

Fee Structure for Diploma in Retail Management

Diploma in Retail Management Fees structure ranges from INR 20 K - 2 LPA. The fee for the course may vary depending upon the facilities and amenities provided at the college/university, and the level of education offered.

Syllabus and Subjects for Diploma in Retail Management

The syllabus and subjects for the Diploma in Retail Management course are structured in such a way so that the students get a better understanding of the different subjects of the course. The Diploma in Retail Management in India has multiple applications, practicals, seminars, assignments, and project submissions. Some of the important subjects of the Diploma in Retail Management course are:

• Principles and Practices of Management
• Marketing Management
• Sales Management

Read More About Diploma in Retail Management Syllabus and Subjects

Why Choose Diploma in Retail Management?

Diploma in Retail Management students is highly demanding in the marketing and management sector. The rising demand for effective retail management professionals has a spectacular increase in recent times as the retail sector is growing predominantly & the existence of major corporate players in the country.

What is Diploma in Retail Management All About?

A Diploma in Retail Management duration is a one-year old diploma course that focuses on developing the skills and techniques of a marketing and management student.  The course is divided into two semesters. A Diploma in Retail Management is a course mainly focusing on imparting the theoretical concepts necessary to understand the dynamics of Retail Management.

What Does a Diploma in Retail Management Student Do?

Diploma in Retail Management students has a basic knowledge about retail industry and management. The Diploma in Retail Management can open the door to many new and exciting jobs.  Here are some qualities which a Diploma in Retail Management student have:

Analytical Skills & Development: A Diploma in Retail Management degree teaches aspirants how to develop their personality with numerical and technical skills. Analytical abilities must be able to analyze data, spot trends, and come to rational conclusions. 

Reasons Why Diploma in Retail Management Can Fetch You a Rewarding Career

A Diploma in Retail Management course is one of the most popular study programs in the world today. The syllabus and subjects for the Diploma in Retail Management course are structured in such a way so that the students get a better understanding of the different subjects of the course. 

Demand: A Diploma in Retail Management is very much in need as students are introduced to the marketing, retail, and management world.

Read More About Diploma in Retail Management Jobs

Preparation Tips For Diploma in Retail Management

A Diploma in Retail Management students can prepare themselves by learning the basics of management and marketing. Here are the tips to prepare very well before applying.

Read and Practice More: The aspirants should go over the entire syllabus again, focusing on the most critical areas. 

Mock Tests: Attempting mock tests, revising year question paper samples, and solving mock question papers for a clear idea of the examination and better performance during the actual exam.

Scope For Higher Education

The scope for higher education for Diploma in Retail Management with the best salaries is welcomed to the entry-level profession, and aspirants can continue their higher education after completing it. A Diploma in Retail Management course is one of the most in-demand professions on the job market. Here are some of the higher education courses available in India:

• M.Phil
• MBA
• B.Sc
• M.Sc
• BA
• MA

Salary Of a Diploma in Retail Management Students

Diploma in Retail Management course salary varies according to an aspirant's knowledge and skills. Another factor that changes the average salary package is the company and post you are working for. Fresher aspirants may start with an average salary package, but once they gain experience, it increases up to a certain amount. The course's average salary, which is offered, ranges from INR 3 - 5 LPA [Source: Glassdoor].

Read More About Diploma in Retail Management Salary

Career Options After Diploma in Retail Management Education

After completing a Diploma in Retail Management, you are eligible for junior-level posts in private and government jobs in India and abroad. Diploma in Retail Management aspirants has excellent scope in future and vast job opportunities.  A Diploma in Retail Management is a continuous up-gradation of so many technologies and networks. Diploma in Retail Management is found in the fields:

• Retail Accounts Manager
• Retail Banking Manager
• Regional Business Manager
• Assistant Department Manager

Skills That Make You The Best Diploma in Retail Management Graduate

A Diploma in Retail Management aspirants should possess problem-solving at the heart of technical skills. In addition, at its foundation, Diploma in Retail Management students necessitates applied creativity—a hands-on understanding of the work and strong interpersonal skills.

• Critical and Technology knowledge
• Problem Solving Skills
• Analytical Skills
• Leadership Skills
• Communication Skills