M.Voc. Retail Management

Last Updated on August 10, 2023 by Vishnu Nambiar

Hi readers! Do you want to build a decent career in the 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 the M.Voc. Retail Management course.

Here is a quick overview of the M.Voc. Retail Management 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 – to develop a 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 an ample amount of job opportunities each year.

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.

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. – 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 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 the retail management sector. The course deals with subjects such as – marketing, advertising, customer service, retailing, accounting, computer applications, consumer behavior, 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.

Syllabus

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.

Colleges

Here are some of the popular colleges offering M.Voc. Retail Management courses in India –

• University of Pune.
• BHU.
• The University of Lucknow.
• Andhra Loyola College.
• Tezpur University.
• St. Albert’s College, Kochi.
• MGCGV, Chitrakoot.

Admission process

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 processes. Some other institutes are known to conduct a direct admission process.

Fees

Here is everything you need to know about M.Voc. Retail Management fees structure –

Tuition fees depend upon the following factors – type of college (Government or self-financing), scholarship status of the student, rating of the college, etc. On average, tuition fees could be anywhere between 50-80K INR per year.

Career prospects

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.

Vishnu Nambiar

I am Vishnu Nambiar a career and educational blogger from India. I am also a full time educational consultant having more than 12 years of experience in the educational sector.

I share articles related to courses, colleges, careers, exam tips and more here.