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Online MBA In Retail Information Systems Management
A unique combination of business management experience and information systems competence, particularly targeted for the retail industry, may be found in an online MBA program in retail information systems management. Professionals who complete this exciting program will have the strategic skills necessary to supervise the development, use, and optimization of technological solutions in retail operations. Students learn how to leverage data analytics, e-commerce platforms, inventory management systems, and customer relationship management tools to drive operational efficiency and improve the retail customer experience by fusing fundamental business principles with cutting-edge insights into retail-specific technologies.
Online MBA in Retail Information System Management: Overview
Students get knowledge in fields including customer relationship management software, inventory control systems, data analytics, and e-commerce platforms. They also study how to use technology to improve retail operations, spur company expansion, and improve the consumer experience. Graduates are prepared for success in this dynamic and competitive field by combining theoretical knowledge with real-world applications to lead innovation initiatives within retail organizations, make data-driven decisions, and navigate the complexities of retail information systems.
Key Highlights of Online MBA in Retail Information System Management
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PARAMETERS
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DETAILS
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LEVEL OF COURSE
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Post Graduation
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COURSE DURATION
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2 years
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ELIGIBILITY CRITERIA
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Graduation or Diploma. In some cases work experience is needed and in some cases work experience is not needed.
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ADMISSION PROCESS
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Direct/ Merit-based/ Entrance exam-based
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ENTRANCE EXAM
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CAT, XAT, MAT, SNAP, GMAT
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COURSE PEDAGOGY
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Online classes and Learning Management System (LMS)
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FEE RANGE
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5 - 20 Lakhs
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SPECIALIZATION
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Finance, Marketing, Supply Chain Management, Human Resource Management
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TOP UNIVERSITY
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Amity University Online, Symbiosis Centre for Distance Learning (SCDL), ICFAI University
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JOB PROFILE
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Retail Information Systems Manager E-commerce Manager Inventory Manager Data Analyst/Manager Customer Relationship Manager
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AVERAGE SALARY
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9 - 15 LPA
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Why Choose an Online MBA in Retail Information System Management?
- Computing Collaboration: To provide interesting and dynamic courses, online MBA schools make use of cutting-edge technology and cutting-edge learning environments. Students get experience with virtual collaboration and the use of digital tools—skills that are becoming more and more important in the current digital economy.
- Independence: Students enrolled in online MBA programs may fit coursework around their personal and professional obligations by studying at their own speed and convenience. Working professionals can complete their degree thanks to this flexibility without having to change jobs or relocate.
- Easy access: Students may attend highly regarded universities without having to move or travel thanks to the elimination of regional obstacles by online MBA programs. Opportunities for those who would not have access to conventional on-campus programs are made possible by this accessibility.
Who is Eligible to Choose the Online MBA in Retail Information System Management?
- Knowledge in Education: The majority of programs call for a bachelor's degree from a recognized university. Numerous programs allow degrees from any subject, however, some favor applicants with a degree in business, economics, or a similar topic.
- Employment Background: Professional job experience, usually spanning from two to five years, is preferred or required by many online MBA programs. This practice makes it possible for students to participate in and gain from the program's practical, real-world focus.
- Quantitative Abilities: Having a foundation or basic grasp of statistics, data analytics, and related technical abilities can be helpful and occasionally expected, even if it's not usually a formal necessity.
Topics Covered in Online MBA in Retail Information System Management
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Semester 1
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Semester 2
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Overview of Retailing
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Retail Management Perspective
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Retail Marketing
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Quantitative Techniques for Management
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Buying Merchandising
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Human Resources
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Accountancy for Managers
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Principles of Marketing Economics
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IT application in Retail
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Business Communication
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Semester 3
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Semester 4
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Retail Sales Techniques and Promotion
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International Retailing
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Direct and Network Marketing
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Retail Operations Management
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Strategic Management
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HRM in Retailing
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Advertising communications and promotion
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Knowledge Management and Information Systems
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Database Management Systems
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Data Mining and Data Warehousing
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Duration of the Online MBA in Retail Information System Management?
- Full-Time Programs: Full-time online MBA programs typically last between 18 months to 2 years, during which time students must devote a large amount of their time to courses, assignments, and projects.
- Part-Time Programs:Part-time Online MBA programs can last anywhere from two to three years or longer. They are intended for working people who must combine their studies with full-time jobs or other obligations.
- Facilitated Programs:A few online MBA programs have expedited alternatives that let students finish their coursework in as little as 12 to 15 months.
- Customizable Programs: Students may tailor their study time and pace to suit their unique requirements and preferences by enrolling in one of the many online MBA programs that provide flexible scheduling choices.
Universities that Provide Online MBA Program in Retail Information System Management
- Symbiosis Centre for Distance Learning (SCDL): Offers a distance learning MBA program with specializations in Retail Management and Information Technology Management
- Amity University Online: Provides an online MBA program with specializations in Retail Management and Information Technology Management
- ICFAI University: Provides distance learning MBA programs with specializations in Retail Management and Information Technology Management
Skills needed for online MBA in Retail Information System Management
- Emphasis on the consumer: Retail management requires a deep understanding of the demands, preferences, and behaviors of the customers. To improve the shopping experience, increase customer pleasure, and foster loyalty, online MBA students majoring in retail management should cultivate excellent customer service abilities and a customer-centric perspective.
- Merchandising and Goods Monitoring: Effective retail management requires a strong understanding of merchandising concepts, product assortment planning, inventory management, and pricing strategies. To improve sales and profitability, students should learn how to monitor market trends, optimize the product mix, and apply merchandising techniques.
- Retail Analytics: Data-driven decision-making is becoming more and more important in retail management. Online MBA students should hone their analytical abilities to decipher customer insights, market research, and sales data in order to spot possibilities, streamline processes, and spur company expansion.
Recommended Books for Online MBA in Retail Information System Management
- "Retail Information Systems Based on SAP Products" by Sven F. Crone, George Ioannou, and Thomas E. Vollmann
- "Retailing Management" by Michael Levy and Barton A. Weitz
- "Retail Analytics: Integrated Forecasting and Inventory Management for Perishable Products in Retailing" by Anna-Lena Sachs and Jörn Meissner
- "The New Rules of Retail: Competing in the World's Toughest Marketplace"by Robin Lewis and Michael Dart
- "Retail Management: A Strategic Approach" by Barry R. Berman and Joel R. Evans
Application Procedure For The Online MBA In Retail Information System Management
- Registration: Fill out the institution's online application form. Personal data, school transcripts, job experience information, and any other necessary paperwork are usually included in this.
- Test for Entrance: The entrance test for MBA admissions in India may include the CAT (Common Admission Test), XAT (Xavier Aptitude Test), MAT (Management Aptitude Test), or other comparable examinations, depending on the school.
- Interview: As part of the admissions process, you could be required to attend an interview for certain programs. This interview may take place via phone, video conference, or in person.
Educational Expenses for an online MBA in Retail Information System Management
- Schooling: The cost of online MBA programs in India can vary significantly based on several criteria, including the program's duration, structure, and reputation of the school. In India, the typical cost of tuition for online MBA programs can vary from several hundred thousand rupees to several lakhs.
- Extra Charges: There can be additional charges for technology, course materials, registration, and exams. Make sure you factor in these extra costs in addition to tuition.
- Scholarships & Monetary Aid: For qualified students, several universities provide student loans, grants, and scholarships as forms of financial assistance. Look into and apply for any financial aid that may be available to assist in paying for tuition.
Is Enrolling in this Online MBA Program Worthwhile?
- Profession Objectives: Determine whether the information and abilities you acquired from the online course will help you achieve your goals for a career in the retail sector. Will the course assist you in gaining the skills you need to progress in your present career or make the move into retail management?
- School StatusFind out about the online course's accreditation and standing from the organization that is providing it. Examine reviews, endorsements, and success stories from previous participants to determine the caliber and efficacy of the program.
- Syllabus and Materials: Examine the course material to make sure it includes pertinent retail management subjects including supply chain management, retail strategy, merchandising, and customer experience. Seek for classes that provide real-world case studies and practical insights.
Job Opportunities for Online MBA in Retail Information System Management
- Retail Information Systems Manager
- E-commerce Manager
- Inventory Manager
- Data Analyst/Manager
- Customer Relationship Manager
Leading Employers for Online MBA in Retail Information System Management
- Walmart
- Amazon
- Target
- Alibaba Group
- The Home Depot
- Costco Wholesale
- IBM (Retail Industry Solutions)
- Oracle Retail
- SAP (Retail Solutions)
- Microsoft (Retail Technologies)
- Salesforce (Retail Cloud Solutions)
- Adobe (Retail Experience Cloud)
Addmission Open for 2024
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