Business, Commerce and Management Studies - Marketing
Purpose:
The purpose of the Advanced Diploma in Retailing is to develop the applied and practical competencies of the learner in the acquisition, understanding and application of retailing principles. It provides an intensive, focused and applied specialisation within the retail field to ensure that learners have a deep and systematic understanding of current thinking, practice, theory and methodology in the field of retail.
Rationale:
The institution developed this qualification in order to create mobility for learners who complete qualifications in retailing within the institution and also with others offering similar qualifications. There is also a need for the advancement of knowledge in retailing for those who are already in the system in order to be acquainted with the new trends in retailing.
Recently, technological, cultural and economic changes have shifted the balance of power to retailers and retailers have increased their capabilities and powers. Therefore, it has become increasingly important for any manufacturer whose business model depends on being visible to the typical consumer to have individuals who specifically oversee retailing.
In retail firms, career opportunities occur in the merchandising/buying, store management and corporate staff functions. Corporate positions are found in areas such as accounting, finance, promotions and advertising, information and distribution systems, and human resource management.
The retail sector is the second largest industry in South Africa after the mining sector. There is an estimated shortage of 40,000 retail managers, and retail management is a registered scarce skill. The university has been working with industry and the Wholesale and Retail SETA, which indicated a strong need for further articulation.
Lastly, there is a shortage in academics specializing in retail, partly due to the lack of post-graduate qualifications in the field. This Advanced Diploma should help improve the situation in the medium to long term.
The assessment criteria outlined above are comprehensive and cover a wide range of skills and knowledge required for successful completion of the Advanced Diploma in Retailing.
This page includes information from the South African Qualifications Authority (SAQA) . Builtneat Pty Ltd trading as Study Start, has modified all or some of this information. SAQA has not approved, endorsed, or tested these modifications.