Masters degrees in Retail Management equip postgraduates with the skills and knowledge required to run and develop commercial trading activities, from small enterprises to large corporations.
Courses range from taught MA and MSc programmes, to professional MBAs and research-orient MRes degrees. Entry requirements normally include an undergraduate degree in a relevant subject such as Business Studies.
Training in Retail Management can kick-start a wide range of careers – it isn’t simply about knowing how to manage a store. It is possible to explore many industries across the world and specialise in any aspect of this field.
Generally, you will gain an understanding of the logistics associated with roles in the industry, such as operations and facilities management, supply chain surveillance, procurement and human resource management.
You will receive practical training in legislative and monetary tasks such as accounting and financial planning, payroll systems and taxes. You will also examine retail in the wider context of business economics, covering topics such as forecasting, information systems, strategic development and organisational structure.
Careers may include executive roles in large corporations such as automation dealerships; international retail, such as global outsourcing or offshoring services; consultancy for SMEs (small/medium enterprises) or government agencies.