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Do you think you know fashion? Or even better, do you consider yourself something of a connoisseur of haute couture? Well, the University of Monaco would ask if you have a degree in it, since they are now offering an MLUX; that's right, a Masters Degree in Luxury.
Rest assured you'll learn from the best. The program has teamed up with Gucci, Ermenegildo Zegna, Façonnable, Ralph Lauren, Loro Piana and Salvatore Ferragamo for case studies and internships. The University describes the program thus: "It focuses on how the luxury industry interacts with the economic, cultural and technological environments of the twenty-first century, the characteristics of today's luxury consumer and the resonances generated by high-end goods and services." Interesting!
The official degree is a Masters of Science in Luxury Retail Management (they've already had an MLUX for Luxury Goods and Services), and it's the real deal. The 10-month, 60-credit degree limited to 35 students is completed in three 12-week terms, conducted in English, and costs €14,500 per academic year plus fees. That, and whatever it costs to then live in Monaco or a nearby town in the South of France for the duration of your education. But you'll be studying shoes! And yachts! And watches!
Just in case there's any question as to whether or not the MLUX has a real academic curriculum, check out the course listings:
DIRS 601: Directed Industry Analysis
LXRY 642: Luxury Consumer Behavior
LXRY 650: Introduction to Luxury Goods and Services
LXRY 643: The Luxury Legal Environment
LXRY 654: Capitalizing the Luxury Venture
LXRY 655: Human Factors in the Luxury Industry
LXRY 656: Managing Luxury Brands
LXRY 657: Operations and Supply Chain Management in the Luxury Industry
LXRY 658: Accounting and Financial Management in the Luxury Industry
LXRY 659: Luxury and Global Integrated Marketing Communication
LXRY 660: Luxury Pricing, Distribution, and Retailing
LXRY 661: Luxury Product Design and Development
LXRY 662: Luxury Sales and Customer Relationship Management
LXRY 663: Luxury, Technology, and the Internet
LXRY 664: Luxury Sector Seminar
LXRY 665: Luxury Goods Industries -Competitive Analysis
TRNG 601: Luxury Enterprise Immersion (6 months interning for a luxury brand)