Master's in Retail Management

Read about your program options for earning a master's degree in retail management, and check the prerequisites for admission. Find out if online learning is available for retail management programs. Explore the curriculum for this graduate program, and get job outlook and salary info for retail store managers. Schools offering Retail Management degrees can also be found in these popular choices.

Are There Any Prerequisites for a Master's Degree in Retail Management?

Graduate-level degree programs in retail management are generally offered as Master of Science degree programs. Retail management may also be offered as a specialization of a Master of Business Administration (MBA) degree program.

Graduate degree programs in retail management typically require you to have completed a bachelor's degree from an accredited school, in addition to submitting letters of recommendation and Graduate Record Examination (GRE) or Graduate Management Admission Test (GMAT) scores. Some programs consider other factors, such as professional experience of applicants, but don't necessarily require it. Schools may also require prerequisite undergraduate courses, such as business or marketing.

Prerequisites Bachelor's degree, which may need to include relevant undergraduate coursework; standardized test scores and letters of recommendation may be required
Common Courses Merchandise management, economics, customer relations, marketing
Learning Environments Traditional classroom and distance learning degree options are available
Possible Careers Department manager, sales manager, retail store manager, purchasing manager

What Courses Will I Take?

Master's degree programs in retail management explore major topics in retailing, ranging from strategy development to international retail and research. Some programs also include hospitality and tourism management as areas of study. Depending on the specific program, you may need to complete a research project or thesis. The following are some of the typical subjects you can expect to study in this type of degree program:

  • Merchandising management strategies
  • Retail business planning
  • Customer relationships
  • Strategic marketing
  • Managerial economics

Are Programs Available Online?

Master's degree programs in retail management are offered online through a number of schools. If you're currently employed, you can take advantage of the added flexibility of a distance-learning program, in addition to applying what you learn to your career as you progress with your studies.

As an online student, you will receive course materials and assignments through your school's website using platforms such as WebCT or Blackboard. You'll be responsible for completing your work on time and adhering to student guidelines. You'll also have access to student resources and may interact with instructors and peers using e-mail and message boards.

What Can I Do With My Degree?

With a master's degree in retail management, you may find a career as a sales manager, department manager or a retail store manager. Job growth for sales managers is expected to grow at an average rate of five percent between 2014 and 2024, according to the U.S. Bureau of Labor Statistics (www.bls.gov). Purchasing managers are expected to see little job growth at a rate of one percent during the same time period, according to the Bureau.

As of January 2016, salaries for retail store managers ranged from roughly $25,661-$67,369, while salaries for purchasing managers ranged from $39,902-$99,747, according to Payscale.com.

To continue researching, browse degree options below for course curriculum, prerequisites and financial aid information. Or, learn more about the subject by reading the related articles below:

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The schools in the listing below are not free and may include sponsored content but are popular choices among our users. Tuition and costs will vary across programs and locations. Be sure to always request tuition information before starting a program.

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