Coca Cola, ISB to set up retail academy
Hyderabad: Beverage major Coca-Cola has joined hands with the Indian School of Business (ISB) to set up a retail academy at the latter's campus here, officials said on Monday. The Coca-Cola Indian School of Business retail academy will offer a six-month programme to train mid-level professionals in retail management. Top officials of Coca-Cola and the ISB dean announced signing of a memorandum of understanding (MoU) to set up the academy. A governing council comprising retail practitioners and academicians will govern the strategic retail management programme. The academy will also conduct retail research and online training. The first session of the programme will commence in June with 50 professionals. The intake will be scaled up in the next three to four years, ISB dean Ajit Rangnekar said. The fee for the programme would be Rs.500,000 and the eligibility for the course is minimum four years of work experience. "The retail sector in India is undergoing a rapid transformati...