Introduction
IFA Paris MBA Certified by FEDE (Fédération Européenne Des Écoles)
Duration: 24-month program in English
Campuses: Paris, Istanbul
Format*: Paris or Istanbul/Paris
Next Intake: September 2021
ECTS Credits: 120
Application Fee: €150
Tuition Fee: €14,800
Limited to: 25 students per class
*availability of Format(s) may vary from one year to another
Introduction
More than ever, fashion professionals need to display flexibility and the capacity to adapt to a tougher economic environment, but also to changing consumer trends and shifts in the fashion system, with increasing demand for more sustainable and ethical business practices. Companies are looking for managers that can develop more engaging and social experiences to encourage consumers to connect, and can confidently navigate innovative strategies in a digital environment.
Offered since 2008, our MBA Fashion Management has been completely revamped in order to take full advantage of IFA Paris’ heritage and cultural specificities and our expertise in cutting-edge technologies and in adapting more sustainable practices for the fashion industry.
Our priority: to provide our graduates the excellent marketing and management skills required to navigate this changing landscape. As the industry is gearing towards creating more niches to sustain long-term profitability for its products or services, we have developed THREE majors that achieve a blending between the French traditional savoir-faire and an in-depth understanding of the future needs of the fashion apparel, fashion media, and the luxury industry:
Luxury (this program)
Apparel
Media
Luxury products were traditionally defined through the perspective of rarity. Exclusive raw materials combined with refined and ancestral craftsmanship are value boosters that help command a high price. This definition, while still acceptable, has evolved dramatically as concepts like time, space and experience are now associated to the notion of luxury.
The main industry problematic is to redefine its essence. There are two potential hypotheses:
Structural changes are pushing the luxury industry to morph and explode into various, and sometimes paradoxical, ideologies.or,
Structural changes are pushing the luxury industry to initiate a retrenchment to its traditional and secular values, back to its original core.
The MBA in Fashion Management - Luxury Major has been restructured to ensure candidates will reach an optimum level of agility allowing them to navigate the existential crisis the luxury industry is going through.
Our MBA Courses are structured with the ECTS framework in mind as set by the Bologna Convention. Upon completion of their studies participants will gather a total of 120 ECTS that they will be able to transfer if they wish to further their studies. This program is also certified by FEDE (Fédération Européenne Des Écoles).
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This MBA program is also available for online study on our distance learning website IFA Paris - Learn Online. For all the infos on the full online version of this course, visit: MBA Fashion Management - Luxury Major (Online).
Admission
Admission requirements:
Preferably 2 years of professional experience (Internships are taken into account)
Bachelor Graduate or significant professional experience in related fields
IELTS 6.5 or TOEFL IBT 79 (or equivalence) or proof of study in English, for non-native English speakers
Interview (on campus or Skype)
Online test
Documents to provide:
Fill in the online application form
Latest transcript
Copy of Bachelor diploma or equivalence
Motivation letter
Resume/CV
Passport photo
Copy of passport
All applications will be reviewed by the Program Director and Academic Director of the postgraduate department. Should applicants be deemed to not meet the minimum admission requirements in terms of academic background, they will be asked to enroll in a Foundation Workshop held prior to the starting date of their MBA Program.
Course Structure
Year 1:
The first year is devoted to the acquisition of core skills and competencies in a classroom environment.
This intensive and practical training is delivered via taught modules organized in four module groupings.
Two of these modules’ groupings constitute the core components of the MBA Fashion Management. It is common to all three majors (Luxury, Apparel, Media):
Marketing & Management
This grouping encompasses a series of modules that will be sequentially planned based on the structure of a marketing plan. The overall body of knowledge acquired by the students will prepare them to:
Analyse complex marketing challenges based on practical case studiesAllocate resources strategically to achieve pre-determined objectivesCraft brand DNAs allowing for the achievement of a sustainable competitive advantage.
Business Issues
The capacity to listen and interpret markets’ signals is a key component of today’s managers. It needs to be continuously cultivated. Within this module grouping students will discover the idiosyncrasies of the fashion industry from an economic and financial viewpoint.
In addition to the core module, this Luxury major is centred around two module groupings, representing almost half of the curriculum:
Luxury Processes
Students get a thorough understanding of the processes involved in the production, merchandising and distribution of luxury goods.
Luxury Lifestyle
The Luxury Lifestyle module grouping will allow our students to experience diverse industries and give them more specific insights into each one of them. Topics such as Haute Couture, Luxury Jewelry, the Beauty industry or Hospitality will be covered by specialists of the sectors who will guide the students through their discovery process.
Year 2:
The second year is dedicated to the implementation and experimentation of these skills through the completion of a compulsory internship and the development of the Capstone thesis, a unique and individual project that owes much to IFA Paris learning by doing pedagogy.
In the Capstone Project, students are expected to create a link between the course knowledge and their practical understanding of the industry’s up-to-date best practices to prepare a fully-fledged plan for a business venture.
Finally, from inception to graduation, and regardless of their location, postgraduate students of IFA Paris will benefit from the support of a unique department called the “Career and Alumni Centre”.
Capitalizing on strong collaborations with groups such as LVMH, Richemont or Kering, the Career and Alumni Centre will give access to exclusive brand launch events, fashion shows, art exhibitions or professional trade-shows in order to build the students’ own professional network.
Credits:
Year 1: 60 ECTS
Marketing & Management - 18 ECTSBusiness Issues - 13 ECTSLuxury Processes - 9 ECTSLuxury Lifestyle - 20 ECTS
Year 2: 60 ECTS
Internship - 20 ECTSCapstone Project - 40 ECTS
For more information and to download the program brochure, please visit https://www.ifaparis.com/courses/postgraduate/mba-lfashion-management-luxury
