What is a Retail Management Degree?
A Retail Management degree is intended to give students a comprehensive knowledge of handling the day-to-day business of a retail establishment. This degree is available both through residential courses at a traditional university, or through an online Retail Management degree program. The degree is designed to teach students how to effectively manage a retail or food service establishment. Students who wish to achieve a mid-level management position should consider pursuing a Retail Management degree.
How do I Qualify for a Retail Management Degree?
While the admissions requirements for colleges differ depending on the specific university, ACT, Inc. recommends that high school students focus on maintaining a well-rounded and positive high school experience. Grades are typically taken into consideration, and most colleges would like applicants to take either the SAT or ACT.
Students who are already attending college may need to maintain a minimum grade point average (GPA) to be allowed to declare a Retail Management major. Adequate grades in business core courses may be required before a major can be declared. Online Retail Management degree programs may have more lenient admissions requirements, depending on the school.
What Courses Will I Take?
Students who opt for an associate’s degree in Retail Management will primarily focus on business courses. Community colleges such as Scottsdale Community College in Arizona require students to take courses in accounting, business communications, business math, human resources and marketing. English composition and speech classes are also required to help students hone their written and spoken communication skills.
Students pursuing a bachelor’s degree will take these classes related to the major in addition to general education courses. Electives in arts and humanities are required for the completion of a Retail Management bachelor’s degree. There may also be requirements related to science lectures and labs.
How Long Does a Retail Management Degree take to Complete?
There are two-year and four-year degree options available for students wishing to complete a Retail Management degree. An associate’s degree allows students to focus specifically on the business course material, but some retail establishments may prefer to hire a manager who holds a bachelor’s degree. Associate’s degrees are often pursued by current retail employees who are offered management positions after the completion of the degree.
Where Can I Work as a Graduate of a Retail Management Program?
The goal of a traditional or online Retail Management degree is to prepare the student for a position as a retail manager. Retail managers are responsible for running a single location of a retail establishment. Common duties include supervising and scheduling employees, maintaining inventory by tracking sales and ordering new product as needed, resolving customer concerns and complaints and driving store sales.
Some colleges offer a Retail Management degree that focuses on merchandising. Students who opt to pursue this type of degree will be prepared to manage the marketing of a group of products. The aim of a merchandising manager is to oversee the research and development of packaging to maximize the sales of the product. Merchandising managers may travel to stores to make sure that the company’s product is being displayed effectively.
Associate in Retail Management
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Bachelor of Business Administration: Retail Marketing