India has become the prime destination for top-notch global and domestic brands. The Associated Chambers of Commerce and Industry of India (ASSOCHAM) estimates the Indian luxury market to reach USD 50 billion by 2020 from the current USD 30 billion.
One of the gravest challenges that the growth of the luxury industry in India faces is a dearth of skilled professionals who understand the Indian luxury consumers, the luxury products and services, the marketing, financial and operational aspects of luxury management, and the idiosyncrasies of both the domestic and international luxury industry. To bridge this gap, MIP Politecnico di Milano Graduate School of Business, Milan and SP Jain School of Global Management have developed the Master in Global Luxury Goods and Services Management (MGLuxM) program.
A unique feature of this 12-month program is that you get the opportunity to live and study in Mumbai and Milan. The diverse locations of study is one of the most compelling and distinguishing aspects of the program as it helps you observe and experience luxury brands and products in emerging as well as mature, first-world markets, and develop the skills needed to tackle issues of global perspectives while weighing in regional and cultural paradigms.
The four months that you spend in Milan include dedicated study tours to companies in some of Europe’s top luxury centres such as:
Through classroom sessions, case studies, study tours, industry interactions and company visits, networking meetings with business associations, entrepreneurs and business houses in Milan and India, you will get an in-depth understanding and knowledge of the entire gamut of the luxury industry, both in matured and emerging markets.
You will approach luxury goods, services and experiences from multiple points of view – marketing, logistics, brand management, communication and financial management. You will explore and gain real-life exposure to how some of the world’s top luxury brands create elegant products and one-of-a-kind experiences for exclusive high net worth clients.
On successfully completing the program, you will witness huge opportunities in the luxury and premium goods/services sectors in India and abroad. You will get to apply your knowledge and skills in the fields of marketing, sales, branding, communication, operations and product development in fashion, automobiles, services, consulting and e-commerce companies. You will also be equipped to launch entrepreneurial ventures in the luxury space.
There are multiple career paths that you can opt for, including Luxury Brand Managers, Merchandising Managers, Visual Merchandisers, Product Managers and PR Specialists. Our students have worked with some of the most well-known brands like Gucci, The Collective and Lodha Group, while many have started their own businesses, become freelancers and bloggers.
The Career Development teams of SP Jain Global and MIP organise networking events and industry workshops for students throughout the course of the program. This collaboration facilitates mentorship and gives students access to a wide network of professional contacts that can be leveraged over the course of their careers.
Students are guided and stimulated by a world-class body of local and international faculty comprising highly skilled industry experts and leaders. Their repertoire of industry experience and research background establishes them among the leaders and opinion makers in the industry. By joining the program, you have the opportunity to develop your knowledge with the guidance of faculty that is strongly dedicated to the creation of an intellectually stimulating classroom, where new ideas are initiated, developed and launched.
Two well-renowned and well-established players in the education space – SP Jain School of Global Management (one of the world’s top-ranked global business schools) and MIP Politecnico di Milano Graduate School of Business, Milan (ranked among the best European business schools) have come together to design this master’s program.
SP Jain Global has gained its international reputation from its unique model of business education that has resulted in higher employment outcomes for its students. MIP is known worldwide for its deep ties to the luxury industry, and for its knowledge and reputation in the luxury value chain management. MIP is also strongly supported by the Faculty of Design of Politecnico di Milano, which is the largest one in Europe.
On successful completion of the program, you will receive an internationally-recognised Master in Global Luxury Goods and Services Management degree from MIP Politecnico di Milano Graduate School of Business. The program is accredited by Politecnico di Milano and the degree is approved and recognised by the Ministry of Education, University and Research (MIUR) (Italy). You will also be awarded a Certificate of Completion from SP Jain School of Global Management, giving your career a global impetus.