Just as Luxury Management is rising as a lucrative and prosperous field in the country, more students are enrolling for the course in different colleges, such as MBA ESG. An important question for most students pursuing this endeavor is the likelihood of getting a job right inside the college premises during campus placements.
Here, we are about to dissect the very same idea: Which colleges offer the best placements in Luxury Management?
Top Luxury Management Colleges in India for Placements
| College | MBA ESG | SP Jain School of Global Management | Luxury Connect Business School | Pearl Academy | SDA Bocconi Asia Center |
|---|---|---|---|---|---|
| Program | Luxury and Fashion Management | Master in Global Luxury Goods & Services Management (MGLuxM) | MBA in Luxury Brand Management | Global Luxury Brand Management | Luxury Business Management |
| Placement Rate | 80% – 100% | 80% – 100% | 80% – 100% | 90% – 99% | 100% |
| Average Salary | INR 7 LPA | INR 6 – 14 LPA | INR 6 LPA | INR 6 – 10 LPA | INR 14.10 LPA |
| Highest Package | INR 19 LPA | INR 16 LPA | INR 12 LPA | INR 15 LPA | INR 36.50 LPA |
| Key Recruiters | Louis Vuitton, Chanel, Cartier, Lacoste, TUMI, Diesel, and Mango | Diageo India, Frederique Constant, and Dior | Louis Vuitton, Gucci, Chanel, Hermes, Versace, Rolex, Ethos, Mercedes-Benz, Audi, and BMW | Gucci, Louis Vuitton, Bottega Veneta, Burberry, Emporio Armani, Tata CLiQ Luxury, DLF, and Reliance Brands | EY, Deloitte, USI, Zinnov Consulting, Hermes, Ferrari, and Oberoi Realty |
| International Exposure | A 14-day to two-week international study immersion in Paris. | A 12-month dual-location structure split evenly between Mumbai and Milan. | International exposure in a global institution like Accademia Del Lusso in Milan. | A 2-week international trip and a university-certified workshop at the London College of Fashion and the Domus Academy in Milan. | A 4-month international immersion at the Milan campus in Italy. |
How Are Luxury Management Colleges Ranked for Placements?
Although vague, this is how Luxury Management colleges are ranked for placements:
- SDA Bocconi Asia Center
- MBA ESG
- SP Jain School of Global Management
- Luxury Connect Business School
- Pearl Academy
Note: The differences between their placement rates are slim to negligible.
Which Luxury Management College Has the Highest Placement Package?
Luxury Management colleges with the highest packages are:
- SDA Bocconi Asia Center
- MBA ESG
- SP Jain School of Global Management
- Pearl Academy
- Luxury Connect Business School
What Companies Hire Luxury Management Graduates?
Some of the world-famous companies that hire Luxury Management graduates are:
- LVMH (Louis Vuitton Moet Hennessy)
- Kering
- Richemont
- Hermes
- Chanel
- Tata CLiQ Luxury
- Gucci
- Louis Vuitton
- Emporio Armani
- Bottega Veneta
- Zinnov Consulting
- Diageo India
- Cartier
How to Choose the Best Luxury Management College for Placements?
You can do thorough research online about every Luxury Management college’s reputation in terms of its placement rate. Try to gather as much information as possible from ‘Word of Mouth’ of various alumni of different batches, if possible.
The best Luxury Management colleges often have tie-ups with famous brands and companies across different fields – Restaurant, FMCG, Athleisure, Footwear, Airlines, Hospitality, etc. Try to get good knowledge of colleges with tie-ups. It will help you make a more informed decision.
Frequently Asked Questions (FAQ’s)
1. What is the average salary after Luxury Management?
The average salary after pursuing a Luxury Management course in India can range anywhere between INR 6 LPA and INR 18 LPA.
2. Is Luxury Management Good for Placements?
Yes, Luxury Management is great for placements. Especially now that the field is up and rising, a hot field for management enthusiasts.
3. Which Luxury Management college is best for international careers?
Besides MBA ESG, the SP Jain School of Management is really good for International careers. While studying here, you can also do a 12-month location split between Mumbai and Milan in Italy.
4. What jobs can I get after Luxury Management?
Luxury Brand Manager, Retail or Boutique Manager, Client Relationship Manager, Visual Merchandiser, International or Retail Buyer, etc., are some of the jobs available after a Luxury Management course.
