12 months
Duration
32000 GBP/year
20000 GBP/year
Unknown
Anytime
Unknown
Apply date
Unknown
Start date

About

The Luxury Business MA program offered at Sotheby's Institute of Art gives a nod to the more general trend in the high-end cultural and creative industry to synergise, break barriers, and find original ways of engaging with markets and audiences on a wider scale.

Overview

Luxury isn’t what it used to be. Shifts in consumer values, buying power, access, and technology are shaping an innovative and dynamic luxury market. The Sotheby’s Institute MA in Luxury Business examines this sophisticated industry as it is diversifying and expanding, and explores synergies with other industries and cultural landscapes, such as the art world. The luxury industry has been expanding constantly over the years, with positive growth in both key sectors, i.e. luxury personal goods and luxury experiences. Art and luxury have a long and fascinating history of influencing each other to create timeless, aspirational experiences.

The MA in Luxury Business responds to the recent creation by Sotheby’s auction house of a Luxury, Art and Objects division as one of the two major divisions of the company.  Building on the Institute’s high level academic knowledge and industry expertise, the program adds a specific focus on transferrable skills and professional development. Through privileged access to industry experts and iconic institutions, graduates are equipped with the intellectual, theoretical, and personal skills to advance their careers in the luxury business.

Academic Structure

The Luxury Business MA program offered at Sotheby's Institute of Art prepares students to specialize in the innovative and ever-changing luxury industry. Students will examine luxury’s social, historical and cultural evolution. They will critically reflect on how luxury businesses deliver value to their markets through specific branding and marketing strategies. They will become familiar with the sectors of the industry and its players, and with the financial, legal and strategic elements of business management in luxury. They will also consider intersections with other high-value cultural industries, particularly art. Graduates of this program will contribute to a growing area of expertise in the global luxury market and will be proficient in navigating both the business and the creative side of the field. The program is designed for students who wish to gain an in-depth understanding of luxury as an economic sector and a cultural phenomenon and who intend to pursue careers in this growing and dynamic field. The approach is a combination of rigorous academic study along with continuous professional development through direct access to key market players and industry experts. The program takes advantage of the privileged location of London, one of the global cultural and financial hubs for luxury, and other high-end creative and cultural sectors. Thus students will access luxury venues in London, exploring the creative and commercial processes as implemented in business practice.

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 MA in Luxury Business is organized around 3 main curricular themes, each with further modular specifications:

Luxury in Context: the concept, the business. This unit introduces the students to the concept of luxury and its historical development. It considers luxury across different cultural contexts and examines the different ways in which luxury has been experienced, interpreted, and questioned. The unit delves into the social and economic processes through which luxury became a structured industry, and considers its evolution to the present.

The Luxury Market: explores consumer behaviour in luxury, omnichannel marketing and engagement strategies, as well as notions of branding. Teaching is constructed around practical business cases within the industry.

Managing a Luxury Business:  emphasizes the structure and operations of the luxury business (law, finance) as well as shaping forces like sustainability, ethics, and CSR. It also considers  professional attitudes and etiquette/netiquette required in the industry, as well as self- branding; leadership; entrepreneurship and intrapreneurship.

Programme Structure

  • Graduates of this program will contribute to a growing area of expertise in the global luxury market and will be proficient in navigating both the business and the creative side of the field. 
  • The program is designed for students who wish to gain an in-depth understanding of luxury as an economic sector and a cultural phenomenon and who intend to pursue careers in this growing and dynamic field. 
  • The approach is a combination of rigorous academic study along with continuous professional development through direct access to key market players and industry experts. 

Key information

Duration

  • Full-time
    • 12 months

Start dates & application deadlines

Credits

180 alternative credits

CATS 

Delivered

On Campus

Academic requirements

GPA admission requirements GPA
Lower Second Class

Student insurance

Make sure to cover your health, travel, and stay while studying abroad. Even global coverages can miss important items, so make sure your student insurance ticks all the following:

  • Additional medical costs (i.e. dental)
  • Repatriation, if something happens to you or your family
  • Liability
  • Home contents and baggage
  • Accidents
  • Legal aid

We partnered with Aon to provide you with the best affordable student insurance, for a carefree experience away from home.

Get your student insurance now

Starting from €0.53/day, free cancellation any time.

Remember, countries and universities may have specific insurance requirements. To learn more about how student insurance work at Sotheby's Institute of Art and/or in United Kingdom, please visit Student Insurance Portal.

Other requirements

General requirements

To be eligible for admission, applicants must have earned a bachelor's lower second-class honors (2:2) degree or its equivalent from an accredited institution by the date on which they enroll at the Institute. Please be advised that a bachelor’s degree or its equivalent is a mandatory requirement, work experience cannot be accepted in lieu of this qualification. Applicants should demonstrate the following skills:

  • The ability to perform at a postgraduate level, as indicated by academic achievement and recommendations.
  • Knowledge of art history. Applicants without an art history background might receive conditional offers based on completing pre-requisite coursework.
  • Excellent verbal and written communication and analytical skills. 
  • Professional experience is not a required element of our application process, however relevant employment and/or internships enhance a student’s application.

Tuition Fee

To always see correct tuition fees
  • International

    32000 GBP/year
    Tuition Fee
    Based on the tuition of 16000 GBP per semester during 12 months.
  • National

    20000 GBP/year
    Tuition Fee
    Based on the tuition of 10000 GBP per semester during 12 months.
Home
  • Semester 2: £9,960
  • Semester 3: £4,990
International 
  • Semester 2: £15,970
  • Semester 3: £8,000

Living costs for London

1137 - 2157 GBP /month
Living costs

The living costs include the total expenses per month, covering accommodation, public transportation, utilities (electricity, internet), books and groceries.

Funding

In order for us to give you accurate scholarship information, we ask that you please confirm a few details and create an account with us.

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Scholarships Information

Below you will find Master's scholarship opportunities for Luxury Business.

Available Scholarships

You are eligible to apply for these scholarships but a selection process will still be applied by the provider.

Independent provider
Grant
15000 USD
Deadline
31 Aug 2025
Amberscholar Scholarship
Merit-based

Read more about eligibility

Amber Student
Location not available
Independent provider
Grant
Various benefits
Deadline
Not specified
Commonwealth Master’s Scholarships
Merit-based Need-based

Read more about eligibility

The Association of Commonwealth Universities
Location not available
Independent provider
Grant
10000 GBP
Deadline
30 Jul 2025
GREAT Scholarship - Royal College of Art
Merit-based

Read more about eligibility

British Council - Accreditation UK
Location not available
Independent provider
Grant
8000 GBP
Deadline
Not specified
Scotland’s Saltire Scholarships for International Students
Merit-based

Read more about eligibility

Get-Scholarship
Location not available
Independent provider
Grant
3000 GBP
Deadline
Not specified
Scholarship Scheme set up with the Norwegian University of Science and Technology (NTNU)
Merit-based

Read more about eligibility

The Anglo-Norse Society - scholarships & grants
Location not available
Independent provider
Grant
3000 GBP
Deadline
Not specified
Anglo-Norse Scholarship Scheme set up with the Royal College of Music
Merit-based

Read more about eligibility

The Anglo-Norse Society - scholarships & grants
Location not available
Independent provider
Grant
Various benefits
Deadline
30 Mar 2025
Aga Khan Foundation International Scholarship Programme
Merit-based

Read more about eligibility

Aga Khan Foundation
Location not available
Independent provider
Grant
15000 USD
Deadline
15 Jun 2025
Eon Essay Contest
Merit-based

Read more about eligibility

Eon Essay Contest
Location not available
Independent provider
Grant
7000 USD
Deadline
31 Aug 2025
Amber Scholarship For September Intake
Merit-based Need-based

Read more about eligibility

Amber Student
Location not available
Independent provider
Grant
Various benefits
Deadline
15 May 2025
Cambridge University MBA Scholarship
Merit-based

Read more about eligibility

Boustany Foundation
Location not available
Independent provider
Grant
1000000 INR
Deadline
Anytime
Education Future International Scholarship
Merit-based

Read more about eligibility

Education Future
Location not available
Independent provider
Grant
10000 GBP
Deadline
25 Jul 2025
GREAT Scholarship
Merit-based

Read more about eligibility

British Council - Accreditation UK
Location not available
Independent provider
Grant
1652 GBP
Deadline
Not specified
Commonwealth Shared Scholarship – University Bids
Merit-based Need-based

Read more about eligibility

UK Foreign, Commonwealth and Development Office (FCDO)
Location not available
Independent provider
Grant
1500 USD
Deadline
01 May 2025
Wear & I Fashion Pioneer Scholarship
Merit-based

Read more about eligibility

WEAR & I
Location not available
Independent provider
Grant
Various benefits
Deadline
Not specified
Chevening Scholarships
Merit-based Need-based

Read more about eligibility

The Association of Commonwealth Universities
Location not available
Independent provider
Grant
Various benefits
Deadline
Not specified
Commonwealth Distance Learning Scholarships for Developing Commonwealth Countries
Merit-based Need-based

Read more about eligibility

DFID/UK Universities
Location not available
Independent provider
Grant
33600 EUR
Deadline
01 Jul 2025
Mundus MAPP EMJM Scholarship
Merit-based

Read more about eligibility

Mundus MAPP
Location not available
Independent provider
Grant
Various benefits
Deadline
24 May 2025
Queen Elizabeth Commonwealth Scholarships
Merit-based Need-based

Read more about eligibility

ACU (The Association of Commonweath Universities)
Location not available
Independent provider
Grant
1500 USD
Deadline
15 Sep 2025
Headway’s Book Lovers Scholarship
Merit-based

Read more about eligibility

Headway
Location not available
Independent provider
Grant
1000 USD
Deadline
01 Jun 2025
1040 Abroad International Studies Scholarship Initiative
Merit-based Need-based

Read more about eligibility

1040 Abroad
Location not available
Independent provider
Grant
Various benefits
Deadline
Not specified
Erasmus+ - Grants for study mobility
Merit-based

Read more about eligibility

OeAD, Austria's Agency for Education and Internationalisation
Location not available
Independent provider
Grant
7000 USD
Deadline
24 Apr 2025
Go Global MBA Scholarship
Merit-based

Read more about eligibility

educations.com
Location not available
Independent provider
Grant
5000 EUR
Deadline
15 May 2025
Study a Master's in Europe Scholarship
Merit-based

Read more about eligibility

educations.com
Location not available
Independent provider
Grant
3000 USD
Deadline
30 Jun 2025
Essay Writing Contest from EduLegit
Merit-based Need-based

Read more about eligibility

Edulegit
Location not available
Independent provider
Grant
1000 USD
Deadline
09 Jul 2025
Dream Chaser Scholarship
Merit-based

Read more about eligibility

Salvado Law
Location not available
Independent provider
Grant
1000 USD
Deadline
02 Jul 2025
Jewish Heritage Scholarship
Merit-based

Read more about eligibility

Diamant Gerstein
Location not available
Independent provider
Grant
90000 AUD
Deadline
Not specified
World Universities Ramsay Postgraduate Scholarship
Merit-based Need-based

Read more about eligibility

The Ramsay Centre
Location not available
Independent provider
Grant
3000 USD
Deadline
31 Dec 2025
Scholarship for students with disabilities
Need-based

Read more about eligibility

Anonymous Hope Fund
Location not available
Independent provider
Grant
2000 USD
Deadline
01 Sep 2025
The Rick Blight Leadership in Action Scholarship for Athletes
Merit-based

Read more about eligibility

Canadian Men’s Health Foundation
Location not available
Independent provider
Grant
8000 EUR
Deadline
Not specified
Erasmus Mundus Joint Masters scholarships
Merit-based Need-based

Read more about eligibility

European Commission
Location not available
Independent provider
Grant
3000 USD
Deadline
Not specified
AAPG Foundation Grants-in-Aid
Merit-based Need-based

Read more about eligibility

American Association of Petroleum Geologists Foundation
Location not available
Independent provider
Grant
1000 USD
Deadline
20 May 2025
PlagiarismSearch 2025 Essay Contest
Merit-based

Read more about eligibility

PlagiarismSearch
Location not available
Independent provider
Grant
1000 USD
Deadline
01 Mar 2025
Voice Talent Online Scholarship
Merit-based Need-based

Read more about eligibility

Voice Talent Online
Location not available
Independent provider
Grant
965 USD
Deadline
Anytime
Dr. Martin Blank – SYB Scholarship
Merit-based

Read more about eligibility

Shield Your Body
Location not available

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