Your Guidebook to Masters in Luxury Management this 2025!

Introduction

Have you ever thought about how luxury brands manage their top-notch clients, and deal with customers from award-winning actors to CEOs and Founders of MNCs? Their taste, palette-a finesse!

Do you aspire to work alongside brands like Fendi, Gucci, Armani? Then a master's in luxury brand management is the perfect fit for you. A master's in luxury management can equip you with such skills. Luxury being a specialized field demands a niche set of skills. If you are interested in working in the luxury and fashion industry and wondering if you should pursue it this 2024, this post is for you.

Living and studying in one of France's top business schools for three years has exposed me to the striking differences in curriculum and industry. After visiting multiple campuses and networking with students, I've realized that France and Europe in general is an interesting place to pursue a career. I wish to impart my knowledge to all aspiring candidates, and future leaders and help make their dreams a reality.  

In today’s post, we are going to introduce you to some of the world’s top masters in luxury management courses in 2024. This blog will enlighten you regarding your career prospects in this field. 

What does luxury management masters entail?

Like every other business-oriented management degree, luxury management will equip you with a unique blend of skills. You'll gain a strong foundation in business principles like marketing, finance, and operations, but with a specific focus on the luxury market. 

The market today is like never before. Studying a masters in luxury brand management will help you develop expertise in areas like brand storytelling, customer experience management, marketing, communication strategies, international business and more. This degree also equips you with technical skills in financing, pricing strategies and profitable analysis.

Currently,  trends in casual styles and sustainable fashion have taken the front rows. So if you wish to know how to manage the luxury market, luxury management careers, salary and everything in between, this post is for you.

Eligibility and Requirements

The luxury market shows continued growth, projected to reach nearly $1.5 trillion this 2023, despite economic downturns.  This indicates high demand for professionals who understand the intricacies of this sector. A Master's in Luxury Management opens doors to a variety of exciting careers. You could be involved in brand management, marketing, product development, retail management, or even consulting within the luxury industry. These roles often come with attractive salaries and benefits. 

If you crave to work in the luxury management departments like in Dior, Chanel, and more, you can pursue a master's in luxury brand management in 2024. To pursue a master's in luxury management you need:

  • Bachelor’s degree: An undergraduate degree in any field is required to pursue a master’s in luxury management.
  • GRE/GMAT: Some universities require GMAT/GRE scores or any equivalent examinations. However, some universities provide a Gmat waiver. 
  • Statement of Purpose: A strong SOP and/or essay is an important document for your application to top luxury management courses abroad. It can act as an advantageous tool to secure your admission to the top luxury programs. Use the document to highlight your story and make sure to convince the admission officer why you are fit for the  university and the program. You can also use this document to showcase your skills, past experiences and working capabilities showing your strength in candidature. We at EdYOU Abroad have helped countless students write their scholarship-winning essays. Click here to start your journey with us today.
  • CVs or resumes highlight your skills, accomplishments, and competence as a candidate.
  • English proficiency: Depending on your country of origin, you might need a certificate proving your English proficiency, such as IELTS or TOEFL. The minimum score varies by university. Some universities provide an IELTS waiver if your undergrad was in English.
  • Letter Of Recommendation is also a vital testimony of your competence. You should find academic and/or professional supervisors, who can write about your strengths and leadership abilities.
  • Working Experience: A Master in Luxury Management is a versatile course for young graduates as well as experienced professionals. 

Top Universities for a Master in Luxury Management 2024

Looking for top luxury management courses in the world? You have come to the right place. 

France, a global hub for fashion houses and home to many luxury brands, is famous for its luxury management degrees for obvious reasons. Here is the list of the top luxury management courses in France and the world.

UNIVERSITY

LOCATION

COURSE 

DURATION

TUITION

ESCP Business School

Paris, France

MSc Luxury Management

15 months

€32,200

HEC Business School

Jouy-en-

Josas, France

Masters in Management - (Influential Luxury Certificate)

24 months

€ 53,200

ESSEC Business School

Cergy, France

Masters in Management (Luxury Track)

24 months

€42,000

Skema Business School

New York and Paris

MSc in Global Luxury and Management

12 months

€ 47,000

Grenoble Ecole 

de Management

Grenoble, France

MSc Fashion, Design and Luxury Management

24 months

€25900

IESEG School of Management

Puteaux, France

Master’s in Fashion Management with a specialization in luxury brand management.

2 years

 € 19,400.

Paris School of Business

Paris, France

MSc in Luxury and Fashion Management 

1 year

€23,175

NEOMA -POLIMI 

Reims, France; Milan, Italy

International Master in Luxury Management

15 months

€ 24,500

SDA Bocconi

Milan, Italy

Executive Master in Luxury Management**

15 months

€ 46,000

ESSEC

Cergy, France

Executive Master in Luxury Management**

12 months

€42,000 

NYU Stern

New York, USA

Fashion and Luxury MBA

1 year

$38,028

**EMILUX or Executive Masters in Luxury Management is a unique program offered by SDA Bocconi and ESSEC  for experienced professionals interested in luxury business who have work experience of about 12 years.

Jobs post luxury management masters 

You might wonder about the kind of job roles and career trajectory you can expect after a Masters in Luxury management in 2024. Let’s delve deeper into it.

Being a professional degree, a masters in luxury management requires a significant financial commitment. Not to mention the dedication and professional background. Thus, the question, "Is a Masters in Luxury Management Worth It?" 

We understand that concern. However, studying luxury management in France or abroad is a pathway to a very lucrative career in 2024! The luxury industry is constantly evolving, embracing digital marketing, sustainability practices, and personalization. A Master's program will ensure you're equipped with the knowledge and tools to navigate these changes and thrive in the future of luxury.

From potential job hirings and your niche, you will be eligible for roles like luxury retail buyers, fashion PR specialists, luxury brand marketing, etc earning a salary of anywhere between 42000€ to 70,000€ depending on your work experience and skills.  

After a few years of experience and upskilling, you can expect to work at roles like Luxury brand marketing executives, global sourcing executives, etc earning a salary of € 70,000-130,000 based on skills and experience. 

Here is a list of future jobs post luxury management masters in 2024:

  • Executive assistant of companies
  • Luxury brand CEO
  • Luxury Sales Management
  • Merchandising manager
  • Fashion and Luxury Consultant
  • Retails sales executive

Should you study luxury management this 2024?

In 2024, statistics show a revenue projection of $368.90 billion in the luxury goods market with an anticipated growth of 3.22%. With the technology boom and shift in shopping methods, companies need employees with relevant skills in the luxury market.

So yes, studying for a master's in luxury management is worth it but only if you get a degree from a university which has a good reputation and is top ranked!

If you are interested in pursuing a Masters in Luxury Management at top B-Schools, then feel free to reach out to me. I am Bijal and I help students get into top programs. Click here to discuss your story and let’s make your dreams a reality.

Success Stories​

Krutika
Admits from EDHEC Business School

Bijal was instrumental in structuring my application to demonstrate my work. She provided me with timely feedback and guidance. Being an MiM student herself, she shared her personal experience at every stage which helped me to have a better understanding of the process and get into the school of my choice.

Santanu Kumar Pal
Admits from EDHEC Business School

I highly recommend Bijal Gandhi, the founder of EdYou Abroad, a Higher Education Consultancy Company, for her exceptional services in guiding students through the master’s application process. Bijal’s expertise in personalized assistance, value for money, and honest, unbiased advice sets her apart. Her commitment extends beyond admission, as she continues to provide valuable guidance even after acceptance. With Bijal’s assistance, I successfully gained admission to EDHEC Business School, a top-tier institution. I am grateful for her professionalism and dedication, and I confidently endorse EdYou Abroad’s consultancy services for anyone pursuing higher education opportunities.

Urmi Panchamia
Admits from University of Toronto

EdYou with the super experienced counsellors, have ALL the answers to your Study Abroad Journey. So Helpful, couldn’t have imagined anyone else giving me the kind of insight and expertise for my applications. The guidance with Cv Building, Portfolio and SOP has increased my chances of getting into top colleges. Would recommend every student to plan their future abroad with EdYou.

Simran Jariwala
Admits from Stevens Institute of Technology

Even though I had no tech background, Bijal’s help got me into good business and data analytics programs that too with scholarships. Thank you so much for believing in me!

Sreekanth Reddy Annareddy
Admits from EDHEC, SKEMA

I highly recommend Bijal as a study abroad consultant. What really set her apart was how personalized the entire service was. She didn’t just give generic advice but took the time to understand my goals, preferences, and concerns. From suggesting the right universities to helping me refine my application, every step felt tailored to my needs.

What truly stood out was the genuine support she provided. Bijal was always there to answer my questions and give advice that felt both thoughtful and sincere. It wasn’t just about getting me into a program, she genuinely cared about my journey and well-being throughout the process. Her attention to detail and constant encouragement made a huge difference, and I felt confident every step of the way.

If you’re looking for a consultant who offers a genuine support throughout your study about journey, Bijal is the one you want by your side.

Aditya Shetty
Admits from SKEMA Business School

I am delighted to write this recommendation for Bijal, whose exceptional guidance played a pivotal role in my admission to the Master in Management program at Skema Business School, Paris.

Bijal’s expertise as a counsellor goes beyond just offering advice; she takes the time to understand her students’ aspirations, strengths, and challenges. Her ability to provide personalized strategies and insights helped me build a compelling application that truly reflected my skills and potential.

Throughout the process, Bijal was not only a mentor but also a source of constant encouragement. Her meticulous attention to detail ensured my essays, resume, and other materials met the highest standards. She also provided invaluable support in preparing me for interviews, equipping me with the confidence and clarity needed to succeed.

I wholeheartedly recommend Bijal to anyone seeking expert guidance for their academic or professional journey. Her skills, experience, and passion for helping others achieve their goals make her an asset to anyone fortunate enough to work with her.

Ananya Shenoy
Admits from Georgetown University

Bijal played a pivotal role in helping me structure my application to highlight my work and achievements effectively. Her feedback was always timely, insightful, and tailored to my goals. Her guidance was instrumental throughout the process and played a key part in helping me gain admission to the school of my choice. Thankyou!

Sivaraam K
Admits from ESADE, EDHEC, FSFM

I am incredibly grateful to Bijal for the invaluable support and guidance she provided throughout my academic journey. At a time when I felt uncertain and doubted the strength of my profile, Bijal’s insightful understanding and personalized approach completely transformed my perspective. She helped me streamline my entire application process and gave me clarity on choosing the right university—one that I genuinely had a chance at—and even helped improve my acceptance chances significantly.

What truly stood out was her dedication to my essay drafting challenges. Bijal treated it with such care and importance that it felt extraordinary, and I am deeply thankful for that. Even after receiving an early admission offer, she encouraged me to hold on and explore other options, knowing my profile was strong enough for a better fit. Thanks to her mentorship, care, and up-to-date knowledge of universities worldwide, I ultimately secured a place at a top 20 global university for my business master’s program—something no other consultancy would have advised.

Bijal made me realize the potential in my profile when I couldn’t see it myself. I wholeheartedly recommend her for anyone seeking deep, thoughtful analysis for university selection, academic research, or professional guidance. She is not only growing in her expertise but also helping others grow alongside her.

Anshul Pokharna
Admits from EDHEC, BITSOM

I worked with Bijal Gandhi during my MBA application process, and I’m genuinely glad I did. When I first started, I was focused on going abroad. But after a few discussions with my parents, I began exploring Indian options too — that’s where Bijal really stepped in.

She never gave templated advice. Instead, she helped me think through both options carefully — understanding my profile, career goals, and what I really wanted from an MBA. Her approach was balanced, honest, and very thoughtful.

One thing I truly appreciated was how seriously she took BITSoM. A lot of people would have dismissed it just because it’s a new school, but she did her homework. She looked into the faculty, curriculum, industry connects, and overall potential. Her analysis gave me the confidence to apply — and eventually accept the offer.

If you’re looking for someone who’ll truly guide you — not just help you apply — Bijal is someone you can trust.

Bhavana Manikonda
Admits from UCL

am super happy to recommend Bijal! She was an amazing mentor who guided me through a big career change from medicine to management. I got into UCL, which top 9 in the world…I was clueless about what course to choose, which university to choose , but Bijal’s guidance and support were spot on. She’s super friendly, and always available to help.Bijal not only provided me with valuable insights and advice but also ensured that I was well-prepared for every step of the process. She was consistently available to answer my questions and offer support, and her enthusiasm and passion for her work are contagious.
I can surely say that no one understands what course you need and university you pick,beacuse I have seen friends struggle taking universities and courses recommended by consultants as they get money through tieups she really never compromised and I really love this about her.

What struck me most about Bijal was her commitment to delivering on her promises. She did everything she mentioned . I had a smooth and successful experience. Her guidance and mentorship were invaluable, and I feel incredibly lucky to have had the opportunity to work with her. Bijal made the whole process smooth and stress-free. If you need guidance on your abroad journey bijal is the best!!!

Mrunal Hulke
Admits from ESSEC Business School

I’m incredibly grateful to Bijal for her unwavering support throughout my study abroad application journey. From our first conversation, she took the time to truly understand my background, strengths, and aspirations, and helped me express my story in a way that felt both authentic and compelling. Her feedback on my applications to HEC Paris and ESSEC Business School was always clear, actionable, and encouraging, which made the whole process feel much less daunting. Bijal also guided me through my interview prep, helping me find my voice and present myself with confidence. Thanks to her mentorship, I was thrilled to receive initial shortlists from both schools. I wholeheartedly recommend Bijal to anyone pursuing their dream of studying abroad, her guidance and genuine care truly make all the difference.

Cesar Souza
Admits from London Business School

I’m deeply grateful to everyone who supported me throughout this journey, and especially to Bijal Gandhi from EdYou Abroad, who played a key role in making this achievement possible. Their support went far beyond strategic guidance. They helped me structure my story, highlight my experiences, and build a coherent and authentic application. I couldn’t have done it without them.

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