Retinoblastoma is a rare, malignant intraocular tumor of childhood that arises from embryonic retinal cells. It can occur as either a hereditary or non-hereditary form. The hereditary form is caused by a germline mutation in the RB1 gene and accounts for around 40% of cases. It presents at a younger age and is typically bilateral and multifocal. The non-hereditary form occurs due to two somatic mutations and presents later with a unilateral, unifocal tumor. Treatment aims to cure the cancer while preserving vision and the eye depending on the type and stage of disease. Management may involve various local therapies, chemotherapy, and enucleation depending on the classification and extent of involvement.