PGDM Retail Management: Admission, Syllabus, Colleges, Scope, Salary

Post Graduate Diploma in Retail Management (PGDM-RM) is a 1-year distance learning course or 2 years full-time course. It mainly focuses on the fundamentals of retail management and marketing practices. The minimum eligibility requirements for this postgraduate diploma is a Bachelor’s degree in any discipline.

PGDM-RM is offered by many private colleges and universities. You have to study for theory exams, submit a project and undergo a practical training. The duration of training may vary among different institutes.

Tuition fee for PGDM-RM ranges from INR 20,000 to 60,000 in distance learning mode. It may go up to INR 5 Lacs if you do it full-time from a reputed college or University.

A PGDM-RM graduate has a variety of Career and Job Options. They can get hired in companies like Lifestyle, Big bazaars, Shoppers stop, Reliance Industries, etc. and expect a salary between INR 20,000 to 40,000 per month. An individual can work as a retail store manager, financial controller, retail sales executive, etc.

PGDM-RM: What is the Course About?

PGDM-RM provides a thorough understanding of the concepts and processes involved in retailing and associated sectors. It covers both academic and practical aspects applicable to best practice in the retail business. An individual learns to apply and evaluate apt techniques that are required for successful retailing.

PGDM RM Syllabus covers topics that involve basics of retailing, consumer behavior, sale, and marketing management, supply chain network and electronic retailing. It mainly focuses on retail management and marketing.

Who should opt for PGDM-RM course?

Anyone who loves being surrounded by brands, wants to become an entrepreneur, possesses managerial skills, creative and professional can opt for this course.

Duration of PGDM-RM

The duration of this course varies with different colleges and universities. In some colleges like Birla Institute of Management Technology, Accman Institute of Management and DAV Institute of Management the duration of this course is 2 years.

PG Diploma in Retail Management (PGDM-RM) offered by distance learning universities like Symbiosis University is of 1 year.

Some colleges also offer this course for 18 months like Asian School of Business Management and Bangalore Management Academy.

Academic Options after PGDM-RM

You can go for PhD after completion of this program. There are many Institutes that offer PhD in Management after passing this course but admission criteria can vary.

PGDM-RM: Top Institutes

Many Management Institutes in India offer PGDM-RM course. Some of these are mentioned below:

Name of Institute	City
Welingkar Institute of Management	Mumbai
Aditya Institute of Management Studies and Research	Mumbai
Institute of Public Enterprise	Hyderabad
NGF College of Engineering & Technology	Palwal
Jaipuria Institute of Management	Lucknow
ITM Global Leadership Center	Mumbai
Indian Retail School	Karnataka