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I am selected for PGDM-RM in bimtech now I am confused about the scope of retail management and what kind of profiles I will get after completion of my course
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The scope of Retail Management is good in India, with a lot of FDI coming in, an increase in people's living standards, and an overall increase in income, street fighter duel modern retail has grown from 2% organized sector in 2011 to 8% in 2019.
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The scope of PGDM (Post Graduate Diploma in Management) with a specialization in Retail Management from BIMTECH (Birla Institute of Management Technology) can be promising, considering the dynamic nature of the retail industry in India and globally. Here are some aspects to consider:
Industry Demand: The retail sector in India is growing rapidly, driven by factors such as urbanization, rising disposable incomes, and increasing consumerism. There is a constant demand for skilled professionals who understand retail operations, marketing, supply chain management, and customer behaviour.
Job Opportunities: With a PGDM in Retail Management from BIMTECH (Best MBA College in India), you can explore various job roles in retail, such as retail operations manager, store manager, merchandiser, category manager, retail marketing manager, supply chain manager, and e-commerce manager.
Skill Development: The PGDM program at BIMTECH is likely to equip you with a blend of theoretical knowledge and practical skills relevant to the retail industry. You may gain insights into retail strategies, brand management, sales techniques, inventory management, retail analytics, and customer relationship management.
Industry Exposure: BIMTECH may provide opportunities for industry exposure through guest lectures, seminars, workshops, internships, and industry projects. Such exposure can help you understand the real-world challenges and trends in the retail sector, enhancing your employability.
Networking Opportunities: BIMTECH's network of alumni, industry partnerships, and placement assistance can facilitate networking opportunities, which are crucial for career growth in the retail industry.
Entrepreneurial Opportunities: With the knowledge and skills acquired during the PGDM program, you may also explore entrepreneurial ventures in retail, such as starting your own retail business, franchise operations, or e-commerce ventures.
Overall, pursuing a PGDM with a specialization in Retail Management from BIMTECH can offer you a solid foundation and opportunities to build a successful career in the thriving retail sector. However, it's essential to stay updated with industry trends, continuously enhance your skills, and adapt to the evolving retail landscape for long-term success.
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16 yrs across 6 sectors (Wellness, Retail, Supply Chain, Financial Services, Education)
Sid is a result oriented, versatile leader with a coveted multi-sector exposure to running cos at different stages of evolution (start-up, growth and turnaround situations) having worked very closely with 4 MD's/CEOs + influenced a vast number of stakeholders in his remarkable 16 yr career. (> 60 recommendations received are listed). Over the years, he has successfully handled extremely critical + diverse functions ranging from Strategy (incl Analytics), Corporate Affairs (Media & Investor Relations / Communications), BD & Mkting, Ops & SCM, HR + Corp Fin (M&A). He is a self starter, an innovative thinker having the ability to effectively navigate complex and ambiguous situations while operating within constraints. Sid is a young, dynamic leader, firm decision maker possessing fluent communication & smart negotiation skills, sharp analytical abilities, acute attention to detail, systems orientation and an unwavering spirit to keep learning! He is an alumnus of IIM Indore, JBIMS, ICAI and a graduate in commerce from Mumbai University. Thanks to the diverse exposure over the years (across Wellness & Healthcare, Retail, Supply Chain, Furnishings, Financial & Consulting Services, Education), Sid has developed a strong natural ability to draw learnings from multiple sectors & domains and adapt, apply them in varied contexts. This empowers his strategic thinking & decision making capabilities. Also he has smartly blended his hands-on approach with the imperative of building & driving high potential teams towards meticulous execution. This makes him highly confident of handling senior roles like Business Head with P&L responsibility, Chief Strategy Officer or a Business Consultant. For some he could even don the hat of a TRULY Independent Director (DIN: 07313029) The fact that he is extremely comfortable with Hi Variable comp & Aggressive ESOPS is a reflection of his self belief & confidence in overcoming business challenges & EXCEEDING performance metrics.
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