Curriculum Overview for Retail Management Program
The curriculum of the Retail Management program at Alpine College Of Management And Technology is designed to provide students with a comprehensive understanding of the retail industry, combining theoretical knowledge with practical skills essential for success in modern business environments.
Semester | Course Code | Course Title | Credit Structure (L-T-P-C) | Pre-requisites |
---|---|---|---|---|
1 | RMT-101 | Introduction to Retail Management | 3-0-0-3 | - |
1 | RMT-102 | Business Fundamentals | 3-0-0-3 | - |
1 | RMT-103 | Data Analytics for Business | 3-0-0-3 | - |
1 | RMT-104 | Introduction to Economics | 3-0-0-3 | - |
1 | RMT-105 | Mathematics for Business | 3-0-0-3 | - |
2 | RMT-201 | Retail Operations Management | 3-0-0-3 | RMT-101, RMT-102 |
2 | RMT-202 | Consumer Behavior Analysis | 3-0-0-3 | RMT-101, RMT-104 |
2 | RMT-203 | Supply Chain Fundamentals | 3-0-0-3 | RMT-101, RMT-105 |
2 | RMT-204 | Marketing Principles | 3-0-0-3 | RMT-101, RMT-102 |
2 | RMT-205 | Financial Accounting | 3-0-0-3 | RMT-101, RMT-104 |
3 | RMT-301 | Digital Retail Strategy | 3-0-0-3 | RMT-201, RMT-204 |
3 | RMT-302 | Retail Data Analytics | 3-0-0-3 | RMT-103, RMT-203 |
3 | RMT-303 | Sustainable Retail Practices | 3-0-0-3 | RMT-201, RMT-202 |
3 | RMT-304 | International Trade | 3-0-0-3 | RMT-201, RMT-204 |
3 | RMT-305 | Business Ethics and CSR | 3-0-0-3 | RMT-201, RMT-202 |
4 | RMT-401 | Retail Technology Innovation | 3-0-0-3 | RMT-301, RMT-302 |
4 | RMT-402 | Advanced Retail Analytics | 3-0-0-3 | RMT-302, RMT-303 |
4 | RMT-403 | Retail Strategy and Planning | 3-0-0-3 | RMT-301, RMT-304 |
4 | RMT-404 | Consumer Psychology | 3-0-0-3 | RMT-202, RMT-303 |
4 | RMT-405 | Capstone Project | 3-0-0-3 | All previous courses |
Detailed Course Descriptions for Departmental Electives
Departmental electives play a crucial role in shaping the expertise of students by allowing them to explore specialized areas within retail management. Here are descriptions of advanced elective courses offered in the program:
Digital Retail Strategy
This course explores how digital technologies are transforming the retail landscape. Students learn about e-commerce platforms, mobile commerce, social media marketing, and artificial intelligence applications in customer service and inventory management.
Retail Data Analytics
Students gain proficiency in analyzing large datasets to derive actionable insights for retail decision-making. Topics include predictive modeling, machine learning algorithms, data visualization tools, and statistical analysis techniques specific to retail operations.
Sustainable Retail Practices
This course addresses the growing importance of environmental responsibility in retail. It covers sustainable sourcing, circular economy principles, green logistics, and ethical consumerism as they relate to business strategy and customer engagement.
Consumer Behavior Research
Focusing on understanding how consumers make decisions, this course combines psychological theories with practical applications in retail environments. Students learn about behavioral economics, cognitive biases, and marketing psychology to influence consumer behavior effectively.
International Retail Management
This course examines the challenges and opportunities of operating retail businesses across different countries and cultures. It includes topics such as cross-cultural communication, international trade regulations, regional market dynamics, and global supply chain strategies.
Retail Technology Innovation
Students explore emerging technologies that are reshaping retail experiences. This includes virtual reality (VR), augmented reality (AR), blockchain, Internet of Things (IoT), and other innovations that enhance customer interaction and operational efficiency.
Retail Operations Excellence
This course emphasizes continuous improvement in retail operations through lean management principles, quality control methodologies, and performance metrics. Students learn to optimize processes for better productivity and cost reduction.
Brand Management
Focused on building and maintaining strong brand identities, this course covers branding strategies, brand equity, brand communication, and brand loyalty in competitive retail environments.
Retail Pricing Strategy
Students study various pricing models and techniques used in retail. This includes cost-plus pricing, competitive pricing, psychological pricing, dynamic pricing, and promotional pricing strategies tailored to specific markets and consumer segments.
Retail Risk Management
This course teaches students how to identify, assess, and mitigate risks in retail operations. It covers financial risk, operational risk, supply chain risk, cybersecurity threats, and compliance issues related to retail businesses.
Project-Based Learning Philosophy
The department strongly advocates for project-based learning as a central component of its educational approach. This methodology encourages students to apply theoretical knowledge in practical scenarios, fostering deeper understanding and critical thinking skills.
Mini-projects are assigned throughout the academic year, typically lasting 4-6 weeks. These projects focus on real-world challenges faced by retail companies, allowing students to collaborate with peers and engage with industry mentors. Each mini-project is evaluated based on creativity, analytical depth, presentation quality, and impact potential.
The final-year thesis or capstone project represents the culmination of the student's learning journey. Students select a topic aligned with their interests or current industry trends, working closely with faculty advisors to develop a comprehensive research initiative or business plan. The evaluation criteria include originality of approach, methodological rigor, clarity of presentation, and relevance to real-world problems.
Faculty mentorship plays a vital role in guiding students through the selection process for projects and thesis topics. Mentors help students refine their ideas, provide technical support, and ensure that their work meets academic standards while addressing industry needs.