The Master of Science in Luxury Management – Fashion and Accessories Management is a unique specialization designed to meet the specific needs of luxury retail brands. It prepares you to make your first step into an international career. It seeks to educate the next generation of retail and global marketing managers, specifically within the Luxury Retail sector.
The MSc in Fashion and Accessories Management avails oneself of a mix of academic content and professional collaborations. It is designed to train and develop specifically-educated managers to craft innovative solutions to the highly complex queries in the luxury retail environment.
You learn the complexity of the luxury industry and the inter-relationships between all business functions within a luxury retail environment and develop the skills and behaviors to become trustworthy brand ambassadors.
WHAT WILL YOU GET OUT OF YOUR MSC IN LUXURY MANAGEMENT-Fashion and Accessories Management?
- Learn how to manage a luxury Retail environment as a qualified business unit while considering the importance of brand heritage and values.
- Exhibit sensitivity and the relational skills needed to increase the business, reinforce customer loyalty.
- Critically analyze how different luxury retail companies manage their brands and market offerings to succeed in foreign markets.
- Demonstrate a culture of appreciation for the quality of the service, the immaterial, emotional, and sensory dimensions of Luxury.
- Understand and use the needed instruments/tools to manage, develop and retain the best talents.
STUDY PLAN
The Fall Semester focuses on developing essential transversal and managerial skills, such as collaborative teamwork in cross-cultural environments, data analysis, report writing, presentation skills, and career development. It also dives into core managerial topics, including accounting, forecasting, competitive analysis in the luxury industry, organizational behavior, and business ethics.
In the Spring Semester, students will deepen their knowledge with specialized modules, focusing on luxury brand strategy, consumer behavior, and leadership in the luxury sector. Practical skills in sales and business negotiation will also be emphasized. For those pursuing the Luxury Fashion and Accessories Management specialization, key topics such as sustainable luxury and luxury distribution will be explored.
Additionally, a wide range of elective courses allows students to tailor their learning, with options such as entrepreneurship, the jewelry industry, fashion buying and merchandising, PR and communication strategy, luxury retail marketing, and luxury service marketing.
This academic journey is designed to equip students with the knowledge and practical skills required to excel in the dynamic and competitive luxury industry.
| FALL SEMESTER 25/26 (September-December) |
| Module: TRANSVERSAL SKILLS |
| Collaborative work in cross cultural teams |
| Tech Away – DATA ANALYSIS 1 |
| Report Writing and Referencing |
| Presentation Skills |
| Career Development Seminar |
| Module: MANAGERIAL SKILLS |
| Accounting and Forecasting |
| Luxury Industry Competitive Analysis |
| Organizational Behavior in the luxury context |
| Business Ethics |
| Module: MARKETING OF LUXURY GOODS AND SERVICES |
| Foundations of Luxury Strategies |
| Marketing of Luxury Goods and Services |
| Market Research |
| SPRING SEMESTER (January-June) |
| Core Module: The Brand Strategy |
| Luxury Brand Strategy |
| Principles of Budgeting |
| Applied Business Project |
| Core Module: The Luxury Consumer |
| Customer Relationship Management |
| Leadership in the Luxury Industry |
| Luxury Sales & Business Negotiation Skills |
| LUXURY FASHION AND ACCESSORIES MANAGEMENT SPECIALIZATION |
| Specializations Module 1 |
| Sustainable Luxury |
| Luxury Distribution |
| ELECTIVES |
| Entrepreneurship |
| The Jewellery Industry |
| Fashion Buying and Merchandising |
| Specializations Module 2 |
| PR & Communication Strategy |
| Luxury Retail Marketing |
| Luxury Service Marketing |
As a student in the MSc in Luxury Management, Fashion and Accessories Management specialization, I was exposed to different aspects of the Luxury business. It’s a once-in-a-lifetime experience, hard to be found anywhere else. During my time at IUM, I was also able to build invaluable relationships with industry professionals and with my colleagues.
Working in jewelry is challenging but very exciting at the same time: it requires continuous patience, concentration, and activeness. It’s not just related to understanding the sales trends and selecting the proper merchandise for the specific boutique/region/country. Being a good merchandiser implies transferring all the company’s messages and values to our front-line colleagues, listening to them, and influencing and anticipating the customers’ purchasing habits and behaviors.
Chiara Lalinga, Alumna
Retail Buyer, DSQUARED2, Italy
The program provides all the theories and practical knowledge necessary to develop the skills that can lead to careers in:
- Retail Management (Retail Manager, Area Manager, Store Manager),
- Luxury Distribution,
- Merchandising and Retail Buying,
- International Marketing
