Education Career Articles

Connect Facebook Connect Twitter Connect Google+ Connect Pinterest Connect Stumbleupon

Career Outlook for Individuals with a Degree in Retail Management and Merchandising

Career News February 21, 2016

Retail and management degrees are offered at both undergraduate and graduate levels. Generally, the degree focuses on management and marketing skills for retail companies. Read this article to learn what education qualifications, skills, job outlook and the salary prospects after graduating with this degree program.

Degree Programs in Retail Management and Merchandising Overview

Most universities and colleges around the country do offer degree programs in Retail merchandising and management, although the names may vary from one institution to another. So, the degree program may also go by the names fashion merchandise management or retail management and fashion merchandising. However, the curriculum and units covered are the same in all institutions. The programs focus on topics such as store management, promotions, e-business, retail and business, financial accounting and textile management.

In most universities, students are given the options of specializing in fashion marketing, store operations management or product management. After graduation, students have the choice of either pursuing further education at a Master’s level or they may look for employment in any of the following career paths: retail store manager, merchandiser, or purchasing manager.

Career Options for those with a Retail Management and Merchandising Degree

Given that the degree program prepare students to be store and retail managers, jobs for graduates also tend to align towards these fields. For instance, you may be employed as a merchandiser, in which case, your work involves coming up with visual designs aimed at helping the retails store improve its sales. On the other hand, you can get a job as a purchasing manager.

Retail Store Manager

He or she acts as the general manager of a retail store. Therefore, the roles of a retail store manager are to ensure the operations of the store move on effectively with no hiccups. They are also responsible for employees’ schedules and affairs, as they intervene when there are wrangles among employees or when they have any other problems. Depending on the types of store they work for, retail store managers may be responsible for the entire store or for just one department.

Merchandiser

They are also known as merchandise managers. They select the color and trend to be associated with certain products besides overseeing the purchase of products in the retail store. Finally, they act as marketing managers in retail stores.

Purchasing Manager

Purchasing managers observe customer purchasing trends and behaviors, make forecasts about what goods are going to be in demand in the future, then helps in ordering these goods in advance. In other words, purchasing managers influence how much profits the retail stores will make in the future.

Job Outlook and Salary Details

Jobs for sales managers are predicted to rise within the next few years at a rate of five percent while jobs for purchasing agents and merchandisers are expected to rise at a slightly slower rate of two percent, according to the U.S. Bureau of Labor Statistics (BLS). On the other hand, Payscale.com estimates that in 2014, merchandisers earned an average annual salary of $38,000 while retail store mangers earned $41,270. Finally, purchasing managers earned a relatively higher annual salary of $61,849.

Showing schools in your area

Matching School Ads
5 Program(s) Found
  • Ranked among the Best Online Bachelor’s Programs by U.S. News and World Report in 2015.
  • Ranked among the Best Online MBA Programs by U.S. News and World Report in 2015.
  • Founded in 1890, it has a campus in Waterbury, CT and offers online degree program in eight-week modules, six times a year.
  • About 800 students are enrolled at the main campus, and about half of them commute.
  • Online courses make it possible for students to earn a bachelor’s degree in as little as 18 months and a master’s degree in 14-24 months.
Good for Working Adults
  • Online Courses
  • Flexible Scheduling
  • Accelerated Programs
  • Financial Aid
  • Transferable Credits
4 Program(s) Found
  • Liberty University provides a worldclass education from a christ-centered worldview
  • 100% online programs at associate, bachelor’s, master’s, and doctoral levels
  • No standardized testing if student meets admission requirements
  • Accredited by the Southern Association of Colleges and Schools Commission on Colleges
  • 95% of Liberty University students receive some form of financial aid
  • Accredited
  • Online Courses
  • Financial Aid
  • Transferable Credits
2 Program(s) Found
  • Which career path will you take – Business, Nursing, Education, Psychology? Something else? GCU offers more than 100 majors to get you started!
  • Colangelo College of Business: Features more than 25 programs from the bachelor through the master's level, including several high-demand MBA programs and an accelerated accounting degree.
  • College of Nursing and Health Care Professions: Rich 25-year history providing outstanding health care and nursing degree programs, including an RN to BSN program & master's in nursing degrees.
  • College of Education: Whether you are looking to start or advance your career as a teacher or administrator, GCU offers bachelor’s and master’s in education degrees in key areas.
  • College of Humanities and Social Sciences: Provides a job focused education and features a variety of programs from counseling and psychology to justice studies, history and English literature.
  • Does something else interest you? GCU also offers programs in Doctoral Studies; Theology; Science, Engineering & Technology; and Fine Arts & Production. Speak with an enrollment counselor today!
Good for Working Adults
  • Accredited
  • Online Courses
  • Flexible Scheduling
  • Accelerated Programs
  • Financial Aid
  • Transferable Credits
  • Are You a Natural Leader or Good with Numbers? Get Educated in the Business Field.
  • Build the Capabilities and Connections to Power Your Future.
  • Business Administration & Management, Accounting, Marketing Degree Programs and More From Top Colleges that Fit Your Needs.
  • Find Schools Online or Near You & Get Info for FREE Today!
  • Online Courses

Showing schools in your area

Matching School Ads
5 Program(s) Found
  • Ranked among the Best Online Bachelor’s Programs by U.S. News and World Report in 2015.
  • Ranked among the Best Online MBA Programs by U.S. News and World Report in 2015.
  • Founded in 1890, it has a campus in Waterbury, CT and offers online degree program in eight-week modules, six times a year.
  • About 800 students are enrolled at the main campus, and about half of them commute.
  • Online courses make it possible for students to earn a bachelor’s degree in as little as 18 months and a master’s degree in 14-24 months.
Good for Working Adults
  • Online Courses
  • Flexible Scheduling
  • Accelerated Programs
  • Financial Aid
  • Transferable Credits
4 Program(s) Found
  • Liberty University provides a worldclass education from a christ-centered worldview
  • 100% online programs at associate, bachelor’s, master’s, and doctoral levels
  • No standardized testing if student meets admission requirements
  • Accredited by the Southern Association of Colleges and Schools Commission on Colleges
  • 95% of Liberty University students receive some form of financial aid
  • Accredited
  • Online Courses
  • Financial Aid
  • Transferable Credits
2 Program(s) Found
  • Do you have entrepreneurial visions to advance your career in the business world? Learn about the options available at GCU.
  • Earn a competitive bachelor's or master's degree in the areas of business administration, business analytics, accounting, marketing and more.
  • Many of our business degrees have attained elite accreditation from the Accreditation Council for Business Schools & Programs (ACBSP).
  • GCU nurtures the startup spirit, propelling your entrepreneurial visions on a powerful platform with opportunities to help you thrive.
  • Pursue a next-generation education with an online program or join Grand Canyon University's vibrant and growing campus community in beautiful Phoenix, Arizona.
Good for Working Adults
  • Accredited
  • Online Courses
  • Flexible Scheduling
  • Accelerated Programs
  • Financial Aid
  • Transferable Credits
  • Are You a Natural Leader or Good with Numbers? Get Educated in the Business Field.
  • Build the Capabilities and Connections to Power Your Future.
  • Business Administration & Management, Accounting, Marketing Degree Programs and More From Top Colleges that Fit Your Needs.
  • Find Schools Online or Near You & Get Info for FREE Today!
  • Online Courses

Login to your account

Can't remember your Password ?

Register for this site!