Hi readers! Do you want to build a decent career in retail management sector. Do you want to pursue a job oriented (PG level) retail management course? If yes, this post will be of help to you. Here, we will have an in-depth analysis of M.Voc. Retail Management course.
Article Overview and Contents
Here is a quick overview of M.Voc. Retail Management course –
|Name of the course||M.Voc. Retail Management|
|Type of course||Master of Vocation|
|Eligibility||Completed relevant B.Voc. or Bachelor’s Degree course|
In this post, you will find all the important details that you need to know about this course. Here, I’ve covered the following details about this course – duration, eligibility criteria, colleges, fees, scope, admission process, syllabus and career prospects.
M.Voc. is a vocational training program. It stands for Master of Vocation. The main aim of this program is – develop relevant set of skills in candidates.
This course revolves around the domain of retail management and its allied areas. This sector is known to generate ample amount of job opportunities each year. You may also check – B.Voc. Retail Management course.
What is retail management all about? What is it like to pursue this course? Will I get a good job after completing this course? What is the course content like?
Are these questions troubling you right now? Worry not! You will find answers to these questions in the next section. Let us start –
M.Voc. Retail Management: Basic Details
In this section, we will focus on three main areas –
- Format of the course
- The domain/industry/sector (retail management)
- Course content
Let us check out the course format first. M.Voc. – it stands for Master of Vocation. Technically, it is a Master’s Degree course. This makes it a PG (postgraduate) level course.
At its core, M.Voc. is a vocational training program. The main aim of a vocational training course is skill development. A typical vocational training course revolves around a particular domain/industry/sector.
The course is crafted in such a way that students are able to acquire skills and knowledge related to that sector. In other words, M.Voc. is an advanced level skill development program.
M.Voc. Retail Management course revolves around the domain of – retail management. What is retail management all about, you may ask. In simple terms, retailing is the process of selling of goods or services to customers through multiple sales channels or channels of distribution. The main aim of retailing is to sell goods and services to earn a profit.
Let us consider an example – a supermarket/retail store. The store/supermarket sells different types of goods to customers. In other words, it is a channel or distribution. It acts as a bridge that connects the manufacturer and the customer.
In order to improve sales and profit, the store/supermarket may employ tactics such as – advertising, organizing sales, systematic arrangement of the goods, improving customer service/experience etc.
Retail management involves aspects such as – demand and supply, logistics and supply chain management, materials management, advertising, finance management, man-management etc.
A typical retail firm employs different types of workers such as – managers, goods handlers, accountants, helpers, customer service professionals etc.
M.Voc. Retail Management course will train you in different aspects of retail management sector. The course deals with subjects such as – marketing, advertising, customer service, retailing, accounting, computer applications, consumer behaviour, business economics, customer relationship management, supply chain management etc.
Come, let us take a closer look at the course details. In the next section, you will find the following details – duration, eligibility criteria, colleges, syllabus, admission process, career prospects and more.
Type of course
It is a Master of Vocation course.
The course is two years long.
Minimum educational qualification required to pursue this course is – completed relevant Bachelor’s Degree or B.Voc. course.
Here are some of the core subjects present in the curriculum –
- Retail management
- Computer applicants
- Business economics
- Finance management
- HR management
- Supply chain management
- Marketing management
- Customer service management
- Communication skills
Here are some of the popular colleges offering M.Voc. Retail Management course in India –
- University of Pune
- University of Lucknow
- Andhra Loyola College
- Tezpur University
- St. Albert’s College, Kochi
- MGCGV, Chitrakoot
Here is everything you need to know about M.Voc. Retail Management admission process –
Admission Process may vary from one institute to another. Some institutes are known to conduct merit based admission process. Some other institutes are known to conduct direct admission process.
You may also check – MBA in Retail Management course
Here is everything you need to know about M.Voc. Retail Management fees structure –
Tuition fees depends upon the following factors – type of college (Government or self-financing), scholarship status of the student, rating of the college etc. On an average, tuition fees could be anywhere between 50-80K INR per year.
Retail management professionals are usually hired by –
- Shopping Malls
- Super Markets
- Retail Outlets (of various firms)
- Supply Chain Firms
- Logistics Firms
They may even start their own retail firm or shop. In short, they have access to jobs as well as self-employment opportunities.