Students who pick ‘Commerce’ as their specialty subject in high school have to deal with the ‘numerical’ or ‘mathematical’ side of science a lot more than those who pick ‘Science’ as their specialty, given the latter deals with the more fundamental and deeper learning in the various branches of science – Physics, Biology, Chemistry.
Commerce students mainly study ‘Accountancy,’ ‘Business Studies,’ and ‘Economics,’ and it is the latter that connects them to Luxury Management. The main reason ‘Commerce’ deals so heavily with numbers and arithmetic is that it is primarily about money and finance. While famous courses such as Chartered Accountant, Bank Manager, and Investment Banker are among the most sought-after professional fields in Commerce, Luxury Management isn’t too far off.
For these reasons, people naturally assume that Commerce students are predisposed to Luxury, and by extension, Luxury Management. So, yes, Commerce students can obviously study Luxury Management. A lot of them tend to be inclined to it.
Why Are Commerce Students Well-Suited for Luxury Management?
For the reasons mentioned above, and for their exposure to subject areas important in Luxury Management from an early age, Commerce students become well-suited for Luxury Management.
Commerce deals with the study of finance, accounts, and business studies, among others. To put it simply, they are taught the workings, importance, and functioning of money from before they enter college. Luxury Management has got to do a lot with understanding how people spend money, on what they spend money, and the importance of the value placed on an object or experience, for which people will pay that much amount.
This makes Commerce students better suited for Luxury Management. However, one should not really rely entirely on such stereotypes and know that anyone from any stream can pursue Luxury Management, provided they have an interest in it. Every science student can do the same.
What Luxury Management Courses Can Commerce Students Pursue?
These are some of the Luxury Management courses commerce students can pursue:
1. Undergraduate Programs:
- BBA in Luxury Brand Management or Global Luxury Management
- BBA in Fashion and Luxury Management
2. Postgraduate and master’s Programs:
- MBA/PGDM in Luxury Management
- MBA in Luxury and Fashion Management
- Master in Luxury Management (International or Global Option)
3. Short-Term Diploma Courses:
- Post-Graduate Diploma or Certificate in Luxury Management
- Online or Specialized Modules (e.g. – Management of Fashion and Luxury Companies)
4. Qualification:
Any Commerce student is qualified to pursue a Luxury Management course from a business college, provided they get 50% or more marks across academics in their Class 12 board exams. It is the same qualifications for any other management or business course.
5. Eligible After:
You are eligible after you pass Class 12 to study for a bachelor’s degree. And if you want to do postgraduation, then your eligibility becomes a bachelor’s degree. It doesn’t matter what stream you choose for your bachelor’s or whether you are a commerce student in high school, as long as you have an interest in Luxury Management and you want to study that course.
6. Typical Duration:
The typical duration of an MBA in Luxury Management is 2 years, and a BBA in 3 years.
What Career Opportunities Are Available for Commerce Students in Luxury Management?
The career opportunities available for commerce students in Luxury Management are as follows:
- Luxury Brand Manager
- Luxury Buyer/Merchandiser
- Client Relationship Manager
- Luxury E-Commerce Manager
- Retail/Merchandising Manager
Industries that are hiring Luxury Brand Managers are:
- Fashion & Accessories
- Luxury Hospitality
- Beauty, Fragrance, and Watches
How Can Commerce Students Build a Career in Luxury Management?
Commerce students can build a career in Luxury Management by not doing anything different than other students.
