ESCP Business School has announced the launch of its Master of Science (MSc) in Luxury Management, a unique programme spanning Italy and France, which will welcome its first intake in September 2024. The programme has been created to arm aspiring professionals with the skills and knowledge needed to thrive in the luxury industry.
The luxury sector is constantly changing, driven by digital market trends, globalisation, and shifting consumer needs. This calls for new business models and strategies that work in keeping with luxury brands’ core values.
One of the programme’s standout features is its dual-campus structure, based in Turin and Paris. This leverages the strengths of two key locations in the luxury industry landscape.
The MSc starts in Turin, a city known for its rich Italian history of craftsmanship and creativity, home to major luxury players. The second part of the programme unfolds in Paris, celebrated for its iconic French fashion and beauty brands, high-end department stores, and exquisite hospitality. The MSc concludes with a minimum four-month internship and the completion of a master’s thesis.
The curriculum offers foundational courses in luxury business management, emphasising the need for sustainable business practices. Specialised areas of study include retailing, innovation, finance, human resources, marketing and sales, supply chain, art thinking and business law. This holistic approach enables students to navigate the complexities of the luxury industry.
Isabella Maggioni, Associate Professor of Marketing and Academic Director of the MSc in Luxury Management, underscores the programme’s significance, stating, “Companies across all levels of the luxury spectrum are actively seeking skilled professionals with a combination of robust managerial expertise, up-to-date industry knowledge, and a flair for innovative thinking to support their continued growth. This programme caters to students aspiring to forge a career in the dynamic luxury sector.”
The degree programme is designed for those with a passion for luxury, offering a firm understanding of the latest trends across different sectors.
ESCP’s MSc in Luxury Management aligns closely with industry needs, enabling graduates to break into the premium sector through a valuable network of business connections.
The curriculum includes an internship, interactive lectures, teamwork, exposure to industry practices, an international consulting project, and in-person presentations.
The luxury sector’s traditional business models have been disrupted, creating omnichannel strategies, novel customer journeys and more reliance on technology to stay competitive. As a result, employers seek out professionals with strong managerial skills, up-to-date industry knowledge, creative thinking and an innovative mindset to foster growth in the sector.
ESCP’s MSc in Luxury Management offers the ideal grounding for those seeking a successful career in the ever-evolving high-end industry. By enrolling on this degree programme, students will gain the skills, knowledge, and expertise to thrive in the luxury sector.
For more information about ESCP’s MSc in Luxury Management and the application process, please visit Master of Science (MSc) in Luxury Management | ESCP Business School.
Read more business and education news and features here.