Guide to University Programs, Courses and Degrees

Master of Retail Management (MRM)

Guide to Master of Retail Management Program/Course/Degree

Master of Retail Management (MRM)


Master of Retail Management (MRM) program/course/degree certificate example

Degree Name:

Master of Retail Management

Degree Abbreviation:

MRM

Duration Range:

1-2 years

Tuition Range (US, UK, AUS, NZ):

$10,000-$50,000

Overview:

The Master of Retail Management degree is designed to provide students with the knowledge and skills necessary to succeed in the retail industry. This degree program covers a wide range of topics, including retail operations, marketing, merchandising, supply chain management and customer service. Students will learn how to analyze consumer behavior, develop effective marketing strategies and manage retail operations efficiently.

Curriculum Overview by Year:

  • Year 1:
    • Retail Operations
    • Marketing Strategies for Retail
    • Merchandising and Inventory Management
    • Consumer Behavior
  • Year 2:
    • Retail Supply Chain Management
    • Retail Analytics and Data Management
    • Retail Customer Service and Experience
    • Retail Innovation and Technology

Key Components:

The key components of the Master of Retail Management degree include a strong focus on retail operations, marketing, merchandising, supply chain management and customer service. Students will also learn how to analyze consumer behavior, develop effective marketing strategies and manage retail operations efficiently. The program may also include courses on retail analytics, data management and innovation and technology in retail.

Career Prospects:

Graduates of the Master of Retail Management degree program can pursue a variety of careers in the retail industry, including retail management, marketing, merchandising, supply chain management and customer service. Some potential job titles include retail store manager, marketing manager, merchandising manager, supply chain manager and customer experience manager.

Salary Expectations:

The salary expectations for graduates of the Master of Retail Management degree program can vary depending on the specific job title and location. According to Payscale, the average salary for a retail store manager is $47,000 per year, while the average salary for a marketing manager is $72,000 per year. Supply chain managers can earn an average salary of $85,000 per year, while customer experience managers can earn an average salary of $70,000 per year.

For a more accurate understanding of salary expectations, you can utilize the Job Sites Search Engine, from our sister site jobRank, which searches over 4,600 job sites worldwide. Make sure to specify not only the job title but also the country you are interested in.

Conclusions:

Overall, the Master of Retail Management degree is an excellent choice for students who are interested in pursuing a career in the retail industry. However, it is important to note that the duration, tuition fees, curriculum, key components, career prospects and salary expectations can vary depending on the country and university where the degree is offered. Visitors can search for where this specific degree is offered anywhere in the world through the uniRank World Universities Search Engine.



World Universities Search Engine

search for Master of Retail Management (MRM) and add the Location (country, state etc.) or specific University you are interested in studying at.

Query examples:

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  • Master of Retail Management (MRM) Australia international students
  • Master of Retail Management (MRM) University of California
  • Master of Retail Management (MRM) University of London tuition fees
  • Master of Retail Management (MRM) University of Sydney scholarships

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