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.  

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.


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