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2-year Full-time MBA in Luxury Management

From one of the Top 10 Emerging B-Schools in India

Luxury Management is all about conducting market research for target products, overseeing and organizing advertising campaigns, managing brand budgeting and resources, collaborating with luxury designers, and supervising marketing assignments. India is the emerging hub of luxury which would demand professionals to manage the luxury business to provide the highest level of service to clients who want to own the best based on personal preference while maximizing the social currency.

And who knows better about luxury than the French?

Paris, being the luxury capital of the world is the birthplace of luxury brands like Christian Dior, Coco Chanel, Louis Vuitton and Ives Saint Laurent etc. MBA ESG that hails from Paris, offers an MBA in Luxury Management that will equip future managers with superior insights and hands-on exposure in the luxury domain.So, kickstart your career in Luxury Management with MBA ESG.

The Luxury Market in India

The luxury segment in India is flourishing due to the growing ‘brand consciousness’ among people, rise in the number of internet users, and a growing young working population. According to ASSOCHAM, the Indian luxury market is valued at $18.5 Billion and is expected to reach more than $100 Billion in the next 7-8 years.

India’s number of Ultra High Networth Individuals (UHNWI) are also growing impressively and by 2025, is anticipated to account for 6% of global billionaire population. Among the metropolitan cities in India, Mumbai and Delhi have the maximum number of UHNWI but it is interesting to note that the Tier I and Tier II cities represents 45% of the total luxury market.

In addition, the total luxury goods retail value in India is expected to grow by 63% (ahead of China on 59%) by 2018. Analysts have predicted that luxury brand stores are set to open about 200 stores by 2020. Global Luxury Brands have been increasingly concentrating on Asia, specifically India, for their expansion plans. Thus, being the second-fastest growing economy in the world, India is believed to be one of the most sought-after market by the luxury brands.

Career Prospects in Luxury Management

Due to its exponential growth, the luxury segment offers diverse and exciting set of employment opportunities for anyone who is well-versed with the luxury industry. With the demand for luxury products increasing by day, not just businesses but even educational institutions are eager to serve the luxury industry.

Some of the roles that the luxury industry offers are:

  • Luxury Brand Manager
  • Luxury Sales Advisor
  • Luxury Retail marketing Executives
  • Visual Merchandisers
  • Customer Relationship Manager
  • Store Manager
  • Store Director
  • Area Manager
  • Retail Head
  • Brand Head
  • Fashion Marketer

and many more

Student Activities at MBA ESG

FAQ

The curricula cover a broad range of management topics as well as core subjects involving your chosen specialization (sports, luxury, & hospitality).
The programs offer 6 weeks of internship over the 2 years of study. This includes a 2-week study tour in Paris.
You can apply by filling the enquiry form. Our career experts will get in touch with you shortly.
You will be awarded a Certificate in the respective course from MBA ESG, Paris, and an MBA/MMS degree from Jain (Deemed-to-be) University, Bangalore.
You will have to sit for the Jain Entrance Test (JET) conducted by our partner, Jain (Deemed-to-be University). The JET consists of three rounds – Aptitude, Group Discussion, and Personal Interview.
MBA ESG has numerous tie-ups with the industry and conducts regular recruitment drives. Students are encouraged to actively participate in these drives.