Diploma in Retail Management
Many students study for a diploma overseas because of their high value and short course completion time. A Diploma in Retail Management is one such course for students wanting to make a career in merchandise, market, marketing, advertising, sales, campaigning, market research, etc. This course can be completed within a year, after which diplomats can either pursue a bachelor's degree or opt for one of the diverse job positions available.
Table of Contents
- Diploma in Retail Management: Course Details
- Why Diploma in Retail Management
- Diploma in Retail Management: Colleges
- Diploma in Retail Management: Syllabus
- Cost of Studying Diploma in Retail Management
- Eligibility Criteria For Diploma in Retail Management
- Exams Required For Diploma in Retail Management
- Scholarships To Study Diploma in Retail Management
- Diploma in Retail Management: Jobs
- How To Study For A Diploma in Retail Management?
Diploma in Retail Management: Course Details
These are the fundamental details you need to know about the Diploma in Retail Management. These fundamentals will help you decide if this course is for you or not. Nonetheless, we will explain more details later in this post to get all the necessary information.
| Program | Diploma |
| Course | Diploma in Retail Management |
| Duration of the Course | Between 0.1 and 1 year (based on the top 4 institutes) |
| Eligibility Criteria | {High school (10 + 2 equivalent), 60% recommended} and {IELTS, PTE, or TOEFL (IELTS 6.5 or equivalent recommended)} |
| Entrance Exams | {IELTS, PTE, or TOEFL (IELTS 6.5 or equivalent recommended) |
| Tuition Fees | Between 9547and 12,02,112 INR (based on the top 4 institutes) |
| Jobs | Senior Sales Manager, Retail Account Manager, Retail Banking Officer, etc. |
| Average Salary | 7,52,600 INR (based on 5 jobs) |
Why Diploma in Retail Management
Not only will your Diploma in Retail Management be completed within a year, but you will also have enough skills and knowledge to choose from diverse job applications in retail management. Furthermore, since retail management is a management certification, candidates will enjoy lucrative salaries as the top recruiters employ them.
Diploma in Retail Management: Colleges
To help you choose the best institute for a Diploma in Retail Management, we have narrowed down the top higher education providers in diplomas from New Zealand, Canada, and the United Kingdom. Learning the course from one of these colleges will surely benefit you, including international recognition and lucrative job opportunities.
| S.NO | University Name | Country | QS World Ranking |
| 1 | The International Academy of New Zealand | New Zealand | NA |
| 2 | Capilano University | Canada | NA |
| 3 | The Ara Institute of Canterbury | New Zealand | NA |
| 4 | International Open Academy | The UK | NA |
Diploma in Retail Management: Syllabus
A Diploma in Retail Management is usually a short course that you can complete within a year. During this time, you will learn the following subjects.
- Principles and Practices of Management.
- Retail Management.
- Consumer Behavior.
- Services Marketing.
- Sales Marketing.
- Marketing Management.
- Management Information Systems.
- Concepts in Supply Chain Management.
Cost of Studying Diploma in Retail Management
Since the duration of a Diploma in Retail Management is shorter than a bachelor's degree, which is around a year, the cost of studying it is also cheaper. Therefore, if you wish to apply for the certificate, we recommend keeping a budget of around 20,00,000 INR for the top institutes.
| S.NO | University Name | Course | Duration | Tuition Fees in INR |
| 1 | The International Academy of New Zealand | Diploma in Business Studies (Retail Management) | 1 year | 7,01,960 |
| 2 | Capilano University | Certificate in Retail Business Fundamentals | 0.8 years | 12,02,112 |
| 3 | The Ara Institute of Canterbury | Diploma in Retail Management | 1 year | 9,61,923 |
| 4 | International Open Academy | Certificate in Profitable Online Selling | 0.1 years | 9,547 |
Eligibility Criteria For Diploma in Retail Management
If you wish to apply for a Diploma in Retail Management abroad, you must meet certain eligibility guidelines. For diploma-level courses, there are only a few prerequisites. The minimum band requirements may differ from university to university, but you should know the general criteria. Please read them below.
- For any Diploma overseas, retail management included, you need to hold a high school (10 + 2 or Senior Secondary School for Indian students) qualification. We recommend at least 60% marks to qualify.
- To prove your English proficiency as a student studying abroad, you must submit a certain language test certificate, such as IELTS. The recommended score is IELTS 6.5 or equivalent.
- Some universities may ask for exam scores such as GRE, GMAT, ACT, or SAT scores. However, that's rarely a possibility.
Exams Required For Diploma in Retail Management
The eligibility criteria and exams required for Diploma are not very strict as it's in a UG or PG degree. International students only need to prove their English language proficiency, for which IELTS is the most common.
Below we have mentioned the minimum band requirements for the top universities in this post.
| Name of the University | Exam Name | Minimum Band Requirement |
| The International Academy of New Zealand | IELTS | 6.0 (no band less than 5.5) |
| Capilano University | IELTS | 6.5 (no band less than 6.0) |
| The Ara Institute of Canterbury | IELTS | 6 |
| International Open Academy | IELTS | NA |
Scholarships To Study Diploma in Retail Management
Although studying a Diploma in Retail Management is pretty cheaper than a bachelor's degree, both domestic and overseas students still have the option to reduce their cost of studying with scholarships. The amounts of these awards vary, and some even cover other expenses, such as living expenses, meaning free education abroad. We recommend you apply for scholarships wherever possible.
|
S.NO |
Scholarship Name |
Description |
Eligibility |
Amount in INR |
|
1 |
Ara Scholarships – Equity |
These awards are offered by the Ara Institute of Canterbury in New Zealand |
NA |
1,97,317 |
|
2 |
Capilano Excellence Scholarship (CAPX) |
The Capilano University in New Zealand offers this award to new students |
NA |
Up to 27,62,445 |
Diploma in Retail Management: Jobs
The retail sector is one of the world's fastest growing and challenging industries. This sector largely contributes to the economic growth of various nations. Furthermore, the demand in this area has drastically increased in the past few years, creating career opportunities for people interested in merchandise, market, marketing, advertising, sales, campaigning, and market research.
|
Job Profile |
Salary in INR |
|
Store Manager |
4,21,000 |
|
Manager |
7,02,000 |
|
Senior Sales Manager |
12,00,000 |
|
Retail Banking Officer |
4,80,000 |
|
Retail Account Manager |
9,60,000 |
How To Study For A Diploma in Retail Management?
You won't have to Study many topics at a diploma level in retail management. However, this makes it all the more challenging to gain complete information.
Here are some study tips for your program to give you a head start.
Step 1: Apply to the best institute for a Diploma in Retail Management. If you can't select one, please contact an experienced study abroad consultant to help you out. Studying at a leading college gives you an advantage of quality education, and most things are covered in class.Step 2: Since you will be learning the topics in a short time, focus as much as you can on them, especially the one you wish to make a career in. We recommend taking notes, highlighting points, and taking as much help as possible from your professors and classmates.
Step 3: Find as much information and knowledge as possible from authentic sources such as library books and the internet. Since studying abroad is harder, you must do a lot independently.
Step 4: Done.
Got any questions for us? Get in touch with AECC Global India and get satisfactory answers and expert assistance on your study abroad journey. Thank you for reading.
AECC is one of the world's leading educational consultancies with versatile expert professionals who are ready to help you with any queries you may have. Contact us so we can be of assistance to you in your journey of fulfilling your dream.