Masters in Retail Management: Program Information

Oct 20, 2019

Students who are interested in graduate-level studies in retail management may pursue a Master of Science in Hospitality and Retail Management. Learn more about these programs and career choices for graduates.

Essential Information

A Master of Science program in Hospitality and Retail Management teaches students how to apply advanced management, sales and retailing principles to the hospitality industry. These programs are designed for students with an undergraduate degree in hospitality or for professionals in the hospitality or the retail fields looking to gain advanced skills in business administration, visual merchandising and marketing. Specialization options include event, retail and food service management. In addition to classroom and seminar attendance, students are required to conduct individual research and submit a final thesis or project prior to graduation.

In order to apply, students must hold a bachelor's degree in hospitality, hotel management or a related field. Other possible application requirements include transcripts, letters of recommendation and several years of hospitality or tourism work experience.

Master's Degree in Hospitality & Retail Management

Courses found within a graduate hospitality and retail management degree program focus on business and retail trade principles relating to the hospitality industry. Students typically develop advanced operation management abilities within the context of hospitality or retail. Most programs require a total of 37 hours of coursework. Possible course titles include:

  • Retail buying
  • Retail research/issues
  • Community engagement
  • Strategic management
  • Advanced marketing
  • Cost control
  • Sensory evaluation
  • Human resources management
  • Focus group research

Popular Career Options

Graduates of a master's degree program in hospitality and retail management can gain management or leadership roles within the hospitality industry, especially in positions related to marketing, purchasing or sales. Specific examples include:

  • Promotions manager
  • Marketing manager
  • Purchasing agent
  • Purchasing manager
  • Tourism sales manager
  • Hotel sales supervisor
  • Tourism advertising manager

Career Outlook

According to the U.S. Bureau of Labor Statistics, retail sales jobs in general are expected to decline by 2% from 2018-20248 about as fast as the average for all occupations. The average annual salary for first-line supervisors of retail sales workers was $45,080 as of 2018.

Overall, an MS in Hospitality and Retail Management provide students with the executive leadership skills they need for administrative careers in the retail and hospitality fields.

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