Art Business

Overview

It provides students with an academic but highly practical understanding of those areas considered most important by art world professionals and employers: finance and management; law and ethics; and global art market dynamics.

 The MA in Art Business provides students with the necessary theories and skills to enable them to develop both a critical and practical understanding of art business. Students are also equipped with the necessary mathematical skills to enable them to engage in sophisticated financial analysis and business planning. 

Graduates of this program will thus emerge with the ability to place the art object within both its aesthetic and commercial context, and to discuss the legal/ethical implications of its historical provenance and current location.

Students will be assessed through coursework, which will typically include essays, individual and group presentations, projects, a written exam, and a final academic or practice based dissertation.

Academic Structure

The MA in Art Business was the first program of its kind and our innovative curriculum continues to set the industry standard. The Master’s degree is awarded for 120 taught credits across two semesters, as well as the completion of a 60-credit dissertation over the course of an additional semester. The program is of twelve months’ duration.

The first two semesters are intensively taught on three to four days per week. All students attend lectures, usually followed by a one-hour seminar. After seminars, students have access to tutors for individual instruction. In the first semester, Art Futures (15 Credits) brings students from different MAs together for an exploration of the art world of the future, with particular emphasis on technology, sustainability, inclusion and the politics of cultural property (restitution). In Professional Practice (15 credits) students are introduced to professional art world skills and career options and to a variety of research methodologies within the field of art business. During the program, specialist electives can be chosen from across all Institute Master’s programs, allowing a student to build a personalized Master’s profile. Students take two 15-credit electives across a variety of offerings for deeper expertise or to develop specialties. Core units (60 credits) for the Art Business degree include Art Business: Management and Finance and International Art World.

For the MA degree, students must complete the 60-credit dissertation in their third semester. During this final semester there is no formal teaching, with students researching their dissertation topics under the guidance of individual supervisors. At the start of the program, students are allocated a personal tutor who supports their academic and personal development throughout. Lectures are given by members of the faculty as well as by consultants whose main work is within the art world, thus facilitating networking opportunities.