What Can I Do with a BS in Business - Retail Management?

Graduates with a Bachelor of Science (B.S.) degree in business with a retail management concentration enter the work force equipped for a variety of positions. Retail management professionals work in industries ranging from grocery stores to high-fashion department stores, and they usually have a strong sales background. Keep reading for more information about what you can do with a bachelor's degree in retail management and what the employment outlook is like. Schools offering Retail Management degrees can also be found in these popular choices.

Building a Career in Retail Management

Individuals with strong sales and leadership skills may have what it takes to become retail management professionals. Retail managers' main job often is to supervise retail salespeople, but they're also responsible for the purchasing, budgeting and accounting functions in their stores.

A postsecondary education is not a strict requirement for a retail management career if you have extensive experience; however, a bachelor's degree is the typical required level of education. It's important to remember, though, that experience is vital; most retail management professionals begin their careers by gaining first-hand experience on the sales floor, and they usually have 1-5 years of experience before becoming managers. Also, some sales managers earn a master's degree.

Important Facts About This Field of Study

PrerequisitesTypically only a high school education is required for admissions
Common Courses Finance, global retail, marketing, merchandising, management
Online AvailabilitySeveral schools offer fully online programs
Possible Career FieldsRetail operations management, merchandising, retail marketing

Industries and Specializations

Retail managers work in multiple types of stores, including grocery stores, general merchandise stores, clothing stores, automobile dealerships and electronic goods stores. College graduates with a retail management bachelor's degree are not confined to roles as store managers, though. The National Retail Federation reports that retail professionals can also work in areas like loss prevention, merchandising, supply chain management and human resources. They may work their way up to prestigious positions as district or regional managers.

Earning Potential and Career Outlook

The BLS reported in May 2014 that sales managers receive a median annual salary at $110,660. The BLS predicts that the sales management industry will experience average growth of 8% between 2012 and 2022, adding 29,800 new jobs, though competition should be strong. The number of job opportunities often fluctuates with economic ups and downs.

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.

Popular Schools

  • Southern New Hampshire University

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    Popular programs at Southern New Hampshire University:

    • Bachelor Degrees

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  • Maryville University

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  • Capella University

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  • Regent University

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  • Purdue University Global

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    Popular programs at Purdue University Global:

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  • Independence University

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    Popular programs at Independence University:

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  • Grand Canyon University

    Grand Canyon University responds quickly to information requests through this website.

    Popular programs at Grand Canyon University:

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  • Strayer University

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    Popular programs at Strayer University:

    • Bachelor Degrees

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