The objective of the MoU is to offer skill based and employment oriented BBA (Retailing) academic programme with modular approach.
Indira Gandhi National Open University (IGNOU) renewed a Memorandum of Understanding with Retailers Association of India (RAI) on March 2, 2021. The objective of the MoU is to offer skill based and employment oriented BBA (Retailing) academic programme with modular approach.
The programme has been jointly designed and developed by IGNOU in collaboration with Retailers Association of India (RAI). Learners are exposed to three months of internship during their study, where they get practical exposure to major operations of retailing, which enhances their employability in the retail sector. This is an initiative by the IGNOU to promote university-industry collaboration as envisaged in the new education policy 2020.
Speaking about the collaboration, Kumar Rajagopalan, CEO, Retailers Association of India (RAI), said “The Indian Retail industry that is estimated to be USD 854 billion, employs over 46 million people. We believe that employment in the retail sector will increase by as much as 25% in the next five years. This tie up is very useful to the industry to attract talent and also to nurture talent for career progression.”
Dr. V.B. Negi, Registar (Administration) signed this MoU on behalf of IGNOU and Kumar Rajagopalan on behalf of RAI in the august presence of Hon’ble Vice Chancellor Prof. Nageshwar Rao, Pro Vice Chancellors, Prof. R.P. Das and Prof. Satyakam, Prof. K. Ravi Sankar, Director School of Management Studies, other senior officials and faculty members of the School.