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Today’s business education offers countless kinds of opportunities and directions—in any kind of setting, anywhere in the world. First things first: a business education is earned by completing a business school program, in which students engage in traditional academic coursework and instruction based on real business challenges. Through this intensive experience that lasts one to two years (or more), the program prepares you for a lifetime of management responsibilities in business. Business is Everywhere That may sound like an overstatement, but consider the big picture. Today, the world of business is woven into every aspect of our lives—from using technology like Google® or Facebook® to choosing which movie to watch. With every transaction we make with another person at the corner shop or a major corporation, we’re doing business. So why should you think about getting business education? No matter what your career goal is—from advancing or changing your current career to starting your own business or helping those in need—a business course can help you get there faster. Four Reasons to Take a Closer Look Why should you think about getting a business education? Here are four very good reasons: - Business education gives you control. Business is how we buy and sell, innovate and grow, learn and share. If you think of yourself as a company of one, you need to build your own business skills to reach your professional and personal goals. Business school can help you get there.
- Business education unlocks a world of opportunity. A business education is the key to employment with an amazing range of companies and organizations around the world. Why? Because you’ll be instantly recognized as someone with leadership and management skills. Plus, your network of fellow students, faculty and alumni will help supercharge your career even more.
- It’s an investment in you. Looking for a career with real growth and job stability? On average, students who pursue a business management course end up earning as much as twice as much as those with undergraduate degrees.
- Business education helps you give back. The abilities and insights gained during business education can enhance your career and help you contribute more to the world around you. Whether in your free time or through a non-traditional career, your degree can be used to improve life in your city, your country or beyond.
If you’re ready to make a bigger difference with a business management course, take the next step. The Indian retail industry is undergoing a phase where the consumer buying patterns and behavior are changing. The whole world is going to witness one of the major Retail revolutions. The retail impact is not only limited to urban areas but also growing in rural areas. This growth has resulted in a need for skilled Man power requirement in Retail and Apparel industry and the Prime focus of National Institute of Retail Management is to support Apparel and Retail industry by providing trained and skilled Man power. Some of the facts of this Retail revolution are as mentioned below. The $270 billion Indian retail market is growing at the rate of 13% and the organized segment grew nearly 48% in 2006 at the prevailing prices. Projected growth for the organized segment for year 2007 is 40%. The total organized retail market size would be approximately Rs. 2,00,000 crore by year 2010 which will be just 15% of the total market size which is 13,34,000 crore. Current Market share of the organized retail is only 4.6% By 2010 about 300 million square feet of additional space will be added. The manpower requirement in Retail industry will be over 2 million people by year 2008. Space for 15000+ new outlets, 100 hyper markets, 500 Department stores and 2000 supermarkets. Organized retailing in small town is growing at 50-60% a year as compared to 35-40% in large cities. The fastest growing organized retail categories are - Health & Beauty Care (59% p.a.), Food & Grocery (43% p.a.), Entertainment & Catering services (42% each), Footwear and Mobiles (36% each), Apparel & fashion accessories and Jewelery (32% each) (All the above information is from IMAGES F&R Research India Retail Report 2007) |