Study Retail Management @ Raffles

Introduction

If you love breathing in the atmosphere of shopping regardless of whether you are in a boutique or supermarket; dream of setting up your own store where you can share with shoppers the light, bubbly feeling when they step into somewhere promising; and you know you want a career as a shop manager to help customers get the best retail experience; a Degree in Retail Management will teach you what you need to know to become a successful manager in retail or even your own boss.

Managers in retail are responsible for bringing unique shopping experiences to customers. They decide on the theme of the shop and what goes in it to contribute to the overall look and feel – from the furniture right down to product packaging. Behind the scenes, you will be heavily involved in planning to maximize sales, manage profits and losses, hire and develop people, control and replenish stock, and generate a covetable public image for the business. You can choose to work in areas like: Retail Managing, Retail Buying or Retail Merchandising.

The Retail Buyer maintains relations with reliable manufacturers and purchase items that are in trend according to sales forecasts. Merchandisers then step into play by displaying the products to look attractive to customers with furnishings like mannequins, unique backdrops or funky shelves. Retail Managers lead and motivate the team of staff, engage in planning of promotions and events, and introduce changes to improve the business.

If you want to be constantly on your toes shopping for products as a Retail Buyer or decorating a shop as a Retail Merchandiser, furthering your education with a Degree in Retail Management will give you the skills and knowledge necessary for your future career.

Master’s degree specializing in Retail Management

• Management Major
• Global Strategic Management
• Managing Resources for Competitive Advantage
• Leadership and Corporate Governance
• Entrepreneurship and Innovation
• Research Methods
• Advanced Project

• Operations Management
• Technology Management
• Professional Leadership in Design

To prepare yourself for a professional position in retail, a relevant degree will qualify you for entry-level positions in management. If travelling around the world on assignments to manage stores regionally or globally sounds like your cup of tea, consider studying abroad. Studying in a campus away from home in a country of your liking will help you to understand the local culture and business practices. This will reflect well on yourself as a potential candidate when your future employers are looking to send staff overseas – especially to a country that you are familiar with.

With experience gained from an industrial internship, and a degree in Retail Management under your name, you would have figured out what techniques and theories work for you and what doesn’t. By graduation, you will be ready to join the retail scene as a competent professional.