MBA in Retail Management Salary, Jobs, Scope in India 2024

Lisha Gupta

MBA Retail Management's scope of jobs is high. The retail industry is one of the fastest-growing and most demanding sectors globally and contributes to the country's economic growth. In the last few years, the demand for skilled professionals has increased in the retail sector. Retail management is the perfect occupation for anyone interested in products, marketing & marketing, distribution, advertisement, marketing, and market research.

A candidate with an MBA in retail management has a wide range of employment options. They have the option of working for the government or for a business. The typical salary range for an MBA in retail management is between INR 5 and 15 LPA.

Areas of Recruitment for MBA in Retail Management

MBA in Retail Management scope of careers as a sales executive and achieve a higher position as a mall manager or store manager after the experience can be gained. Graduates will function as retail managers in manufacturing companies to support consumers with their goods. Retail managers are often needed by other businesses, such as insurance, banking, education, health, etc.

Some of the job roles for students after completion of an MBA in Retail Management:

Floor Manager
Store Manager
Sales Executive
Customer Care Executive
Image Promoter

MBA Retail Management jobs graduates with experience:

Retail Manager
Supply Chain Manager
Merchandiser
Brand Manager
Lobby Manager
Marketing Manager

Salary Packages for MBA Retail Management

The compensation for an MBA in retail management in India varies depending on a variety of criteria, including experience, the field of specialisation, region, etc. Graduates with an MBA in retail management often earn between INR 5 and 15 LPA. (Referring to Payscale)

The type of industry one chooses to work in and the job title is other variables that affect pay. Internships and job placements can help graduates earn more money since they expand their experience. The pay range for an MBA in retail management in India is displayed in the table below;

MBA in Retail Management Salary Range	Amount
Highest Salary	INR 15 LPA
Lowest Salary	INR 10 LPA
Average Salary	INR 5 LPA

The table below contains the list of MBA in Retail Management job profiles and their average salaries per annum:

DESIGNATION	SALARY (INR)
Retail Manager	10-12 LPA
Sales Manager	7-10 LPA
Merchandiser	7 LPA
Marketing Manager	6-8 LPA

MBA in Retail Management Salary Abroad

There is a higher demand than job openings in other countries due to the specialised training and knowledge needed for an MBA in retail management. The course seeks to prepare all students to find employment in a foreign country, regardless of their field of specialisation.

The table below shows a collection of job descriptions from abroad together with the appropriate annual salary:

Job Profile	Salary
Retail Store Manager	USD 50,696
Retail Sales associate	USD 40,239
Retail General Manager	USD 57,432
Retail Supervisor	USD 38,923

Government Jobs for MBA in Retail Management Aspirants

While retail management concerns the private sector, even government jobs can be found in this field and, for example, graduates with higher qualifications can find a place as a lecturer in government-run retail management institutions such as the centre for retail, apparel, design, and development institute of the government of India. The average MBA in Retail Management Salary in India in the government sector ranges from 10 - 15 LPA.

Source: Glassdoor
Top Government Hiring Companies	Job Designation	Salary (INR)
Staff India Consultancy	Store Manager	2.4 LPA
Indirapuram Public School	Professor	20 LPA
AANDC Immigration	Retail Manager	18 LPA

Other MBA Retail Management government job sectors:

Educational Departments
Ration Stores
Shipping companies
Human resources
Bank Insurance Officer
Project Manager
Quality Controller
Banking Sector

Private Jobs for MBA in Retail Management

Listed below are a few private companies hiring MBA Retail Management graduates and their jobs designation and salary:

Source: Glassdoor
Top Private Hiring Companies	Job Profiles	Salary (INR)
Pinnacle Solutions	Retail Store Manager	10 LPA
Talpro	Product Manager	9 - 10 LPA
DMart	Assistant Store Manager	8.78 LPA
Adidas Group	Senior Retail Manager	15 LPA

Listed below are the top private companies that hire MBA Retail Management students:

Infiniti Retail Ltd
V-mart retail limited
Trent limited
Shoppers stop
Aditya Birla Fashion & Retail Ltd
Avenue Supermarts Ltd
Future retail limited
Reliance retail limited

Job Opportunities Abroad for MBA Retail Management Graduates

MBA Retail Management has numerous opportunities abroad. The sectors include banks, retail stores, marketing, sale, brand promoting, and much more.

Top Companies

Listed below are the top international companies that hire MBA Retail Management aspirants:

Walmart
Alibaba
Costco
Ahold Delhaize
Carrefour
Aldi
IKEA
Walgreens Boots Alliance
Spar International

Best Countries

List of top abroad locations offering job opportunities for MBA Retail Management aspirants:

Australia
USA
London
China
Japan
Saudi
Germany
Dubai

Various Career Designations Abroad for MBA Retail Management Student

Here is the list of multiple MBA in Retail Management jobs students to pursue their career abroad:

Retail Store Manager
Product Manager
Finance Manager
Quality Manager
Supply Chain Manager
Purchasing Manager
Brand Manager
Customer Executive
Sales Manager
Distribution Manager

Best MBA Retail Managers

To lead our daily life retail stores are people's basic necessary. A few years back, visiting retail stores daily and purchasing products was a hectic task, especially for working people. But few overcame this with innovative ideas to make our lives easy. Here are a few MBA personalities who became best in retail management: