What Is IGNOU MBA in Retail Management? - Guide 2024
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What Is IGNOU MBA In Retail Management? - Guide 2024

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Distance MBA in Retail Management is a 2-year management course that offers a deep understanding of the ever-changing trend of shopping and the market. This degree course helps students in understanding the know-how of the retail industry and its dynamism. Retail Management as a specialization in MBA can open a wide array of career options in the retail industry for you. You can apply for this course if you have completed a bachelor’s degree in the relevant stream from a recognized university. Distance MBA in Retail Management prepares students for jobs like Marketing Executive, Retail Manager, Product Manager, and so forth.

Indira Gandhi National Open University, abbreviated as IGNOU, is a well-known university that offers a variety of distance and online learning courses. Since the university's inception in 1985, it has actively promoted the use of distance education methods. The university was established under the Indira Gandhi National Open University Act 1985 and it is a centrally-funded university.

Distance MBA In International Trade Management


University Name Indira Gandhi National Open University
Degree Postgraduate
Approval UGC-DEB | NAAC A++
Duration MIN - 2 Years | MAX- 4 Years
Specialization Retail Management
Full Form Master’s in Business Administration
Eligibility Graduation from a recognized university
Fees Incurred INR 37,800/-for full course
Average Salary Offered INR 5 LAKHS TO 8 LAKHS PER ANNUM

What is the eligibility for an MBA in Retail Management in IGNOU?

To be considered for admission to the IGNOU distance MBA Retail Management programme, a student must meet the following requirements:

-To be eligible, students must hold a bachelor's degree in any discipline from a university that is nationally recognised. Also Find: Virtual MBA.
-Students must have a graduation aggregate score of at least 55% in order to be considered for any distance MBA course.

About IGNOU

Indira Gandhi National Open University, abbreviated as IGNOU, is a well-known university that offers a variety of distance and online learning courses. Since the university's inception in 1985, it has actively promoted the use of distance education methods. The university was established under the Indira Gandhi National Open University Act 1985 and it is a centrally-funded university.


The Indian government established the Indira Gandhi National Open University to provide distance and open education to people worldwide (IGNOU). Students gain not only a valuable degree but also the convenience and flexibility of online and remote learning, which is enabled by a variety of online learning platforms and resources.

How to get Admission in MBA Retail Management in IGNOU 2024?

The application process for distance MBA at IGNOU is one of the simplest processes and students can submit their applications directly through the university's website.

Alternatively, you can directly enrol in this course by following the steps outlined below:

- Visit the university's official website for more information. - To register as a new user, go to the Admissions menu and select "New Admission." - Please fill out the OPENMAT application form.
- After that, make certain that you appear for the entrance exam on the scheduled date (IGNOU releases the entrance dates on its website).
- Then, if you are chosen by the university based on the score of OPENMAT, you can proceed to fill out your application form.
- Complete the application form to the best of your ability (contact details, prior qualifications, etc.)
- Before submitting the academic fee online, make sure to upload all of the required documents.
- After that, submit the application form, and you will receive an email from the university confirming that your documents have been verified.

Is IGNOU MBA in Retail Management good?

Courses in management, business, humanities, science and engineering, and other fields are available in IGNOU. Among the management programs offered by the Indira Gandhi National Open University (IGNOU), the distance MBA is the most well-known.

Some of the advantages that distance MBA students can take advantage of through the IGNOU include the following:

- The distance MBA course is valid as the university has been approved by UGC-DEB and accredited by NAAC with an A+ Grade.
- IGNOU provides distance MBA courses at an affordable fee so the university covers a large chunk of people.
- IGNOU is also a very economical institution, which means that the courses are reasonably priced.
- Students can have access to both printed and digital content with the help of IGNOU’s Learning Management System.
- Students of IGNOU’s distance MBA will also receive flexibility in their routine while they are working and have other things to focus on as well

What is the fee structure of the IGNOU MBA in Retail Management 2024?

The distance MBA Retail Management programme has a total academic cost of Rs. 37,800, which must be paid in advance by bank draft from any of the designated banks in the name of the Indira Gandhi National Open University (IGNOU) (IGNOU). Student's academic fees are due at the beginning of each session, and they must be paid in person to the appropriate regional centre.

How to apply for an IGNOU MBA in Retail Management entrance exam 2024?

The Indira Gandhi National Open University (IGNOU) conducts entrance exams for students applying to the distance MBA in Retail Management program. Students who wish to enrol in the distance MBA program at IGNOU must first pass the IGNOU common management entrance examination. Applicants for the IGNOU's entrance exam, known as the OPENMAT, can submit their applications online by visiting the university's official website.

What is the course duration for an IGNOU MBA in Retail Management?

MBA programmes in any specialisation go for a minimum of two years and a maximum of five years. Students must first meet the eligibility requirements and pass the admission examination to be considered for the programme. For distance courses, the course duration establishes a variable period for the students. Also Learn About: B.Tech After B.Sc.

What are the subjects of IGNOU MBA Retail Management?

Despite the general managerial notions, distance MBA Retail Management covers sales and marketing concepts. India is one of the world's largest consumer markets, with a diverse range of industries. As a result, it is critical to comprehend retail management tactics. The following are some of the most prevalent MBA Retail Management topics.

Strategic Management International Retailing
Retail Sales Techniques and Promotion Global Business Environment
Retail Operations Management Business, Government and Society
Direct & Network Marketing -Quantitative Methods
Retail Planning -Product and Brand Management
Advertising and Sales Promotion -Strategic Retail Management
Retail Sales and Customer Service -

How to apply for an IGNOU MBA in Retail Management entrance exam 2024?

The Indira Gandhi National Open University (IGNOU) conducts entrance exams for students applying to the distance MBA in Retail Management program. Students who wish to enrol in the distance MBA program at IGNOU must first pass the IGNOU common management entrance examination. Applicants for the IGNOU's entrance exam, known as the OPENMAT, can submit their applications online by visiting the university's official website.

Is Openmat necessary for an IGNOU MBA in Retail Management?

Students interested in MBA programmes can take the OPENMAT at IGNOU's School of Management Studies. The OPENMAT is a national admissions test for MBA and PGDM programmes offered by IGNOU. The IGNOU OPENMAT exam is given by NTA twice a year, in July and January. Applicants with appropriate grades are eligible to apply for any of the cycles. Management students must take the OPENMAT in order to apply to MBA programmes.

How can I download the IGNOU MBA Retail Management prospectus in 2024?

IGNOU has made all relevant information available on its website, which you can access there. Students can also view the IGNOU prospectus for any course offered by the university on the website. The website provides access to two prospectuses: the Common Prospectus 2024 and the Management Prospectus 2024. Management students can access information about all of their management courses by selecting the management prospectus option. This includes information about eligibility requirements, fee structures, and course syllabuses.

How can I download IGNOU MBA Retail Management Study Material in 2024?

IGNOU study resources are made available to students and teachers through a variety of different channels and platforms. Students can access study materials and other program-related information through repositories such as eGyan Kosh and IGNOU mobile apps such as the IGNOU e-content mobile app, as well as through the IGNOU e-content mobile app.

Students can look up the curriculum for any programme they are interested in using the IGNOU e-content app. Over 2500 different courses are available on eGyanKosh, a digital platform that provides study materials and online video lectures for each of them. Students at IGNOU appreciate the convenience of having all of their study materials available online at their fingertips.

What are the Top Distance MBA Retail Management Colleges in India for IGNOU Alternative?

Apart from IGNOU, there are other alternative colleges that offer the MBA program in Retail Management. Let us take a look at the colleges offering the Retail Management course to the students:

1. NMIMS - Deemed to be University
2. Jain University
3. Symbiosis Institute of Management
4. Chandigarh University
5. UPES Dehradun

Other Management Courses Offered by IGNOU

The Indira Gandhi National Open University (IGNOU) provides a number of management programs that can help you gain a thorough understanding of a variety of managerial topics. The management programs offered by IGNOU are as follows:

- Distance BBA
- Distance MBA
- Distance MBA In Financial Management
- Distance MBA In Business Management
- Distance MBA In Marketing Management
- Distance MBA In Operations Management
- Distance MBA In Human Resources Management
- Distance MBA in International Business Management
- Distance MBA in Information Technology
- Distance MBA in Supply Chain Management
- Distance MBA in Banking and Finance Management
- Distance MBA in Hospital Administration
- Distance MBA in Hospitality Management
- Distance MBA in Retail Management
- Distance MBA in Rural Management
- Distance MBA in Project Management
- Distance MBA in International Trade Management

Can I get a Scholarship In IGNOU for MBA Retail Management programs?

The Indira Gandhi National Open University (IGNOU) established a Campus Placement Cell (CPC) in 2005 to assist students in finding employment after completing their studies. The placement cell is in charge of all placement-related activities and assists students in locating suitable employment opportunities.

The cell was established in order to facilitate campus placements and to address any placement-related issues that may arise among students enrolled in any programme. On the other hand, the Campus Placement Cell (CPC) organises placement drives, career fairs, and employability enhancement programmes at the university's regional centres, which are open to all students.

In distance education institutions, campus placement units actively encourage students to enrol in their courses online while also assisting them in building an excellent future. At IGNOU, the campus placement units actively encourage students to pursue their studies online while also assisting them in creating an economically stable financial future for themselves.

Does IGNOU offer Placements?

Many prospective students are unsure whether or not they will be required to take entrance exams for distance MBA programs. Students are not required to take entrance exams for distance MBA programmes in some universities; however, students are required to take entrance exams for the IGNOU MBA programs. Students who want admission to the IGNOU MBA program must take the OPENMAT. OPENMAT is a national admission exam for IGNOU's MBA and PGDM programmes offered in English and Hindi. Twice a year, in January and July, IGNOU administers the OPENMAT exam. Students seeking admission to any MBA or PGDM programme must first pass the OPENMAT exam.

Is there any difference between IGNOU MBA in Retail Management and IGNOU Distance MBA in Retail Management?

A remote MBA in retail management is significantly less expensive than a traditional MBA programme. The MBA distance programme benefits working people since it allows them to work in a more flexible environment. There is no distinction between the IGNOU MBA and IGNOU Distance MBA programmes because IGNOU only offers distance programmes.

What is the scope after completing an IGNOU MBA in Retail Management?

The specialization Retail Management in distance MBA is one of the famous courses and it provides the knowledge of retail industry. Hence, you will get job opportunities like:

Customer Service Representative Sales Associate
Administrative Assistant Personal Banker
Project Manager Marketing Executive
Retail Manager -

Let's wind up

Distance MBA in Retail Management is a 2-year management course that provides an understanding of the retail industry. The curriculum of the course helps students in dealing with the dynamic environment of the market and the know-how of retail management. I hope you found all the related information on IGNOU Distance MBA Retail Management in this blog.

FAQ's

⭐ Is IGNOU MBA in Retail Management AICTE approved?

IGNOU is a well-recognized university that is globally approved by the AICTE.

⭐ When to apply for an IGNOU MBA in Retail Management?

The university administers tests twice a year, with students having the option of taking their program's exams in June or December. Students who are unable to take exams in June will have the opportunity to do so in December.

⭐How to apply for an IGNOU MBA in Retail Management?

Before applying for the IGNOU MBA in Retail Management, students must first meet the course's eligibility requirements. Following that, the pupils must take the university entrance tests.

⭐Is IGNOU MBA in Retail Management valid for Government Jobs?

Yes, IGNOU MBA in Retail Management is valid for government and private sector jobs, for both of them.

⭐Is IGNOU MBA in Retail Management recognised worldwide?

IGNOU's MBA in Retail Management degree will be recognised globally because it is a globally recognised university.

⭐Is IGNOU MBA in a Retail Management degree valid?

Yes, IGNOU diplomas are recognised throughout the country. The university is well-known and accredited by the UGC and NAAC, which adds to its overall value.

⭐When is IGNOU MBA in the Retail Management entrance test?

In 2024, IGNOU MBA admissions will be determined by the OPENMAT MBA university-level entrance exam. On April 11th, 2024, the OPENMAT was held.

⭐How to apply for the IGNOU MBA in the Retail Management entrance exam?

Students must get the prospectus from IGNOU's official website. Then, using the application URL listed above, you can apply for the OPENMAT admission exam online.

⭐How many times does the university conduct term-end exams for distance MBA Retail Management in a year?

The university conducts exams twice a year and students can give exams of their concerned program in the months of June and December. If students are unable to give in the month of June then they can appear in the month of December for exams.

⭐How does a candidate become eligible for a term-end examination in IGNOU?

A student needs to be available for the minimum time period set by the university, for instance, a master’s or bachelor’s degree student needs to be available for at least one year of the program.

⭐What is the duration of distance MBA in IGNOU?

The minimum duration of an MBA is 2 years and the maximum duration is 4 years.

⭐Does IGNOU refund the academic fees in case of cancellation of the program?

IGNOU refunds fees only when the university denies admission due to any reason. But in case of the cancellation of the program from the student’s side, the fee will not be refunded.

⭐What is the academic fee of distance MBA Retail Management at IGNOU?

The total academic fee of MBA Retail Management at IGNOU is Rs. 37,800.

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