Comprehensive Course Structure
| Semester | Course Code | Course Title | Credit Structure (L-T-P-C) | Prerequisites |
|---|---|---|---|---|
| 1 | RM101 | Introduction to Retail Management | 3-0-0-3 | None |
| 1 | RM102 | Business Communication | 3-0-0-3 | None |
| 1 | RM103 | Principles of Management | 3-0-0-3 | None |
| 1 | RM104 | Introduction to Business | 3-0-0-3 | None |
| 1 | RM105 | Mathematics for Business | 3-0-0-3 | None |
| 1 | RM106 | Computer Applications in Business | 3-0-0-3 | None |
| 2 | RM201 | Consumer Behavior | 3-0-0-3 | RM101 |
| 2 | RM202 | Marketing Management | 3-0-0-3 | RM101 |
| 2 | RM203 | Financial Accounting | 3-0-0-3 | RM101 |
| 2 | RM204 | Operations Management | 3-0-0-3 | RM101 |
| 2 | RM205 | Business Statistics | 3-0-0-3 | RM105 |
| 2 | RM206 | Business Ethics and Social Responsibility | 3-0-0-3 | None |
| 3 | RM301 | Retail Merchandising | 3-0-0-3 | RM201 |
| 3 | RM302 | Retail Strategy | 3-0-0-3 | RM202 |
| 3 | RM303 | Supply Chain Management | 3-0-0-3 | RM204 |
| 3 | RM304 | Retail Analytics | 3-0-0-3 | RM205 |
| 3 | RM305 | Retail Technology | 3-0-0-3 | RM106 |
| 3 | RM306 | Retail Finance | 3-0-0-3 | RM203 |
| 4 | RM401 | Retail Data Analytics | 3-0-0-3 | RM304 |
| 4 | RM402 | Digital Retail Strategy | 3-0-0-3 | RM305 |
| 4 | RM403 | International Retail Management | 3-0-0-3 | RM302 |
| 4 | RM404 | Retail Innovation | 3-0-0-3 | RM301 |
| 4 | RM405 | Retail Capstone Project | 3-0-0-3 | RM304 |
| 4 | RM406 | Retail Ethics and Sustainability | 3-0-0-3 | RM206 |
| 5 | RM501 | Advanced Retail Analytics | 3-0-0-3 | RM401 |
| 5 | RM502 | Retail Customer Relationship Management | 3-0-0-3 | RM301 |
| 5 | RM503 | Retail Supply Chain Optimization | 3-0-0-3 | RM303 |
| 5 | RM504 | Digital Marketing in Retail | 3-0-0-3 | RM302 |
| 5 | RM505 | Retail Technology Innovation | 3-0-0-3 | RM305 |
| 5 | RM506 | Retail Risk Management | 3-0-0-3 | RM306 |
| 6 | RM601 | Retail Data Science | 3-0-0-3 | RM501 |
| 6 | RM602 | Retail E-commerce Strategy | 3-0-0-3 | RM402 |
| 6 | RM603 | Global Retail Markets | 3-0-0-3 | RM403 |
| 6 | RM604 | Retail Innovation Lab | 3-0-0-3 | RM404 |
| 6 | RM605 | Retail Project Management | 3-0-0-3 | RM503 |
| 6 | RM606 | Retail Entrepreneurship | 3-0-0-3 | RM504 |
| 7 | RM701 | Retail Business Intelligence | 3-0-0-3 | RM601 |
| 7 | RM702 | Retail Market Research | 3-0-0-3 | RM501 |
| 7 | RM703 | Retail Strategic Planning | 3-0-0-3 | RM502 |
| 7 | RM704 | Retail Technology Implementation | 3-0-0-3 | RM505 |
| 7 | RM705 | Retail Innovation and Design Thinking | 3-0-0-3 | RM604 |
| 7 | RM706 | Retail Leadership and Management | 3-0-0-3 | RM605 |
| 8 | RM801 | Retail Capstone Project | 3-0-0-3 | RM701 |
| 8 | RM802 | Retail Consulting Project | 3-0-0-3 | RM702 |
| 8 | RM803 | Retail Industry Internship | 3-0-0-3 | RM703 |
| 8 | RM804 | Retail Innovation and Entrepreneurship | 3-0-0-3 | RM704 |
| 8 | RM805 | Retail Final Project | 3-0-0-3 | RM705 |
| 8 | RM806 | Retail Capstone Presentation | 3-0-0-3 | RM706 |
Advanced Departmental Elective Courses
The department offers a range of advanced departmental elective courses that provide students with specialized knowledge and skills in various aspects of retail management. These courses are designed to complement the core curriculum and allow students to explore specific areas of interest in greater depth.
One such course is Retail Data Analytics, which focuses on the application of statistical and computational methods to analyze retail data and derive actionable insights. Students learn to use advanced analytics tools and techniques to understand consumer behavior, optimize inventory, and improve supply chain efficiency. The course covers topics such as data mining, predictive modeling, and machine learning algorithms specific to retail environments. Students also gain hands-on experience with industry-standard software and platforms used in retail analytics.
Another important course is Digital Retail Strategy, which explores the integration of digital technologies in retail operations. This course covers e-commerce platforms, mobile retail, social commerce, and digital marketing strategies. Students learn to develop and implement digital retail strategies that enhance customer engagement and drive business growth. The course includes case studies of successful digital retail transformations and practical exercises in developing digital retail plans.
International Retail Management is a course that prepares students for careers in global retail markets. It covers international trade theories, cross-cultural management, and global retail market analysis. Students study the challenges and opportunities of operating retail businesses in different countries and cultures. The course includes modules on international supply chain management, global brand management, and cross-border retail strategies.
Supply Chain Management focuses on the efficient flow of goods and services from suppliers to customers. Students learn about logistics, inventory management, procurement strategies, and supply chain optimization techniques. The course emphasizes the importance of coordination and collaboration in supply chain operations and explores the role of technology in supply chain management.
Retail Technology and Innovation explores the latest technological advancements in retail, including artificial intelligence, machine learning, automation, and the Internet of Things (IoT). Students study how these technologies are transforming retail operations and customer experiences. The course includes hands-on labs and projects that allow students to experiment with retail technologies and develop innovative solutions.
Customer Relationship Management focuses on building and maintaining long-term customer relationships. Students learn about customer retention strategies, loyalty programs, and customer satisfaction metrics. The course covers CRM software and tools used in retail environments and explores the role of data analytics in understanding customer behavior and preferences.
Sustainable Retail Practices emphasizes the importance of environmental and social responsibility in retail. Students study green retailing, corporate social responsibility, and ethical retail management. The course covers sustainable supply chain practices, environmental impact assessment, and corporate sustainability reporting.
Retail Finance and Accounting provides students with a deep understanding of financial management in retail environments. Students study retail financial analysis, cost management, investment evaluation, and financial planning. The course covers financial reporting standards specific to retail and the role of financial management in retail decision-making.
Retail Human Resources focuses on managing people in retail environments. Students study retail HR management, employee training and development, and labor relations. The course covers the unique challenges of managing retail workforce and explores strategies for employee engagement and retention.
Retail Marketing and Brand Management explores the strategic aspects of marketing and branding in retail. Students study brand positioning, marketing research, and promotional strategies. The course covers retail marketing channels, customer segmentation, and brand equity management.
Retail Innovation and Design Thinking focuses on developing innovative solutions to retail challenges. Students learn design thinking methodologies and apply them to real retail problems. The course emphasizes creativity, collaboration, and iterative problem-solving in retail innovation.
Retail Business Intelligence covers the use of data analytics and business intelligence tools in retail decision-making. Students learn to interpret business data, create dashboards, and develop data-driven strategies. The course includes practical exercises in business intelligence tools and techniques.
Retail Market Research focuses on understanding consumer behavior and market trends. Students learn market research methodologies, data collection techniques, and analysis tools. The course covers both primary and secondary research methods and emphasizes the importance of research in retail strategy development.
Retail Strategic Planning provides students with the skills to develop and implement retail strategies. Students learn strategic planning frameworks, competitive analysis, and strategic implementation techniques. The course covers long-term planning, scenario planning, and strategic alignment in retail environments.
Retail Technology Implementation focuses on the practical aspects of implementing retail technologies. Students learn about technology selection, implementation planning, and change management. The course covers project management techniques specific to retail technology implementation and explores the challenges of technology adoption in retail.
Project-Based Learning Philosophy
The department's philosophy on project-based learning is centered on the belief that students learn best when they are actively engaged in solving real-world problems. This approach emphasizes the integration of theoretical knowledge with practical application, allowing students to develop critical thinking and problem-solving skills.
The structure of project-based learning in the Retail Management program is designed to provide students with a comprehensive learning experience that spans multiple semesters. In the first year, students engage in small-scale projects that introduce them to the concepts of retail management and research methodologies. These projects are typically team-based and focus on understanding basic retail concepts and applying them to simple scenarios.
As students progress through their academic journey, the scope and complexity of their projects increase. In the second year, students work on more complex projects that require them to integrate knowledge from multiple disciplines. These projects often involve case studies, simulations, and real-world data analysis.
The third year introduces students to capstone projects, which are typically undertaken in collaboration with industry partners. These projects allow students to apply their knowledge to real business challenges and develop solutions that have practical implications. Students work closely with faculty mentors and industry advisors to ensure that their projects are relevant and impactful.
The final year culminates in a comprehensive capstone project that integrates all the knowledge and skills students have acquired throughout their program. This project is typically a significant undertaking that requires extensive research, analysis, and presentation skills. Students are expected to demonstrate their ability to synthesize information, solve complex problems, and communicate their findings effectively.
Evaluation criteria for projects are designed to assess both the process and the outcome. Students are evaluated on their ability to work collaboratively, apply theoretical knowledge to practical situations, and communicate their findings effectively. The evaluation process includes peer reviews, faculty assessments, and industry feedback.
The department provides extensive support for project-based learning, including access to research facilities, industry partnerships, and mentorship programs. Students are encouraged to select projects that align with their interests and career goals, and faculty mentors are available to guide them through the research and development process.