MASTER OF SCIENCE INTERNATIONAL LUXURY MANAGEMENT

INTERNATIONAL
MANAGEMENT
LUXURY
MASTER
OF SCIENCE
INTERNATIONAL
LUXURY
MANAGEMENT
IFM developed the first management
program specialized in fashion &
luxury in 1986, and has trained over
1500 students who today occupy
key roles in French and European
fashion & luxury companies. At the
request of these companies, IFM is
launching a luxury management program with a specifically international
orientation.
The MSc Luxury is a one-year
graduate program delivered in
English. Its objective is to prepare a
small group of selected students for
careers in the international divisions
of French and European luxury companies, at their global and regional
headquarters, or national subsidiaries.
This program draws upon IFM’s
strength as a unique meeting place
for the interaction between management & design. It gives students:
- a strong foundation in management
skills as applied specifically to the
luxury sector – branding and communication, strategy and operations
for international markets, with a
particular emphasis on retail management.
- a profound knowledge of creation:
culture of fashion, design and
luxury, understanding of the creative
process, comprehension of the
importance of quality and savoir-faire
(know-how) in the luxury industry.
Students will also develop the skills
to understand “the French touch”
– historical and contemporary
references, tools to analyze Paris as
a city of creativity and experimentation – and will learn French to
facilitate communication and cultural
understanding.
Bag design by Kasper Coolens © IFM designer 2012 made by Paco
Rabanne, Glasses design by Kasper Coolens © IFM designer 2012
made by Paule Ka / Groupe TWC L’Amy – Photography by Sol Sanchez
Prototypes not produced commercially
This opportunity to profit fully from
being in Paris will give participants
a key competitive advantage as
they pursue their careers.
Professional opportunities for
graduates of this Program are
primarily in roles related to
international development, with
an important strategic aspect as
brand ambassadors. The roles are
in functions such as wholesale
and retail distribution, buying,
marketing and communication,
and merchandising.
This Program has the active
support of companies including
Chanel, Christian Dior, Hermès,
L’Oréal Luxury Products, Louis
Vuitton… who participate in the
program during candidate selection, during the academic courses,
and in proposing internships.
CALL FOR ENTRIES
IFM’S MASTER
OF SCIENCE IN
INTERNATIONAL
LUXURY
MANAGEMENT.
BUILD YOUR
CAREER
AT THE HEART
OF FRENCH
LUXURY
STUDENT
PROFILE
culture. These courses will look at the
past and the present of fashion, object
design and perfume/cosmetics, as well
as fine art.
Applicants must have a four-year Bachelor’s degree in any discipline. Professional
experience is not essential but will be
taken into account in the evaluation of an
application.
Savoir-faire and quality
The Program is taught entirely in English.
Applicants who are not native English
speakers or have not spent at least
three years studying in an Anglophone
university are required to take the TOEFL
(minimum score 75). Applicants are not
required to speak French, but obligatory
French language lessons are incorporated
into the Program.
PROGRAM
The Program begins in September and
runs full-time until the end of May.
This period of study is followed by an
internship of six months. ECTS credits:
75 credits (including 15 credits for the
internship). The program will consist
of a mix of lectures, workshops and
study tours. It will be taught by IFM faculty and a large number of guest lecturers,
CEOs and professionals of the sector who
will share their practical experience.
Courses (500 hours)
Operations
This domain will include all tasks and
practices that leverage the delivery of
the fashion and luxury items to the end
consumer, upstream (sourcing, supply)
and downstream (demand and distribution), including information systems
dedicated to merchandise management
(mainly PLM, ERP & MAP).
A distinguishing feature of luxury is the
important role of savoir-faire (know-how),
which will be examined in relation to
artisanal and industrial processes.
Courses centered on the product will
integrate a marketing focus and technical
knowledge in categories including
garments, accessories such as shoes,
leather goods, jewelry and watches,
perfumes and cosmetics.
Management tools
This “toolbox” will allow students to
acquire an essential understanding of
finance, controlling, team management,
including intercultural challenges and
negotiation skills.
Creation and design
OTHER KEY COMPONENTS OF THIS PROGRAM:
These courses will help students to
understand the added value that creativity brings to luxury products. Courses
will explore the creative process and
its translation into the construction of a
collection.
Study tours (50 hours)
- In France and Italy. The small size of the
class will allow privileged access to places
and people that embody tradition and
innovation in creation, craftsmanship and
manufacturing.
Marketing
Language classes (80 hours)
This group of courses will look at brand
management, the analysis and definition
of a brand’s DNA and its translation into a
communication strategy. There will also
be a significant focus on the consumer:
learning how to reach different clients, and
how to understand the cultural differences between major markets around
the world, including the BRICS countries.
- Language classes in conversational
and business French, taught at IFM
specifically for MSc Luxury students by
CELAF (the French Language Center of
the Paris Chamber of Commerce and
Industry).
Workshops
Distribution and retail
COURSES ARE STRUCTURED AROUND
SEVEN MAIN THEMES:
History and culture
- 6-month internships with IFM coaching,
- Location: Paris or abroad, with the
opportunity to work with one of the companies supporting this program, including
Chanel, Christian Dior, Hermès, L’Oréal
Luxury Products, Louis Vuitton …
After completing the program, students
will possess the cultural codes of French
fashion and luxury and will have mastered
the advanced brand & retail management techniques to succeed within the
fast-moving and global world of luxury
companies.
ADMISSIONS
& FINANCING
The recruitment process will consist of
two steps, firstly the submission of a
detailed written application and secondly,
for approved candidates, an interview via
Skype or in person, with IFM and guest
jurors from the profession jointly assessing candidates.
The application form can be downloaded
via IFM’s website. There is a non-refundable 80 € application fee.
The fees are 19,000 € (VAT included).
This includes language classes and
transportation costs for study tours
(students will be responsible for their
own accommodation and meal costs).
Thanks to the sponsorship of the
company members of Cercle IFM*,
scholarships are available, based on
financial and academic criteria.
*ARMAND THIERY, CHANEL, CHLOÉ INTERNATIONAL, CHRISTIAN DIOR COUTURE, DISNEYLAND PARIS, THE PIERRE BERGÉ – YVES SAINT LAURENT FOUNDATION,
THE HERMÈS FOUNDATION, GALERIES LAFAYETTE, GROUPE ETAM, KENZO, LOUIS VUITTON, L’ORÉAL LUXURY PRODUCTS, PRINTEMPS, VIVARTE, YVES SAINT LAURENT.
© Gaillarde-Deslandes
© Farid Bernat
© Nicolas Borel
French luxury is a distinctive expression
of France’s culture, so successful managers in this sector need to have a shared
framework of historical references and
the capacity to analyze contemporary
- Including an end-of-year case study that
will require students to apply all they have
learned during the year,
- Shared experiences with IFM’s Fashion
Design students and Management
students.
Distribution is at the heart of the development of French luxury brands, and these
courses will help students to master the
different elements that contribute to its
success: developing a network (directlyoperated stores, wholesale, licensing
agreements, and e-commerce), visual
merchandising and customer relationship
management.
INTERNSHIP
IFM receives the active support of the
Ministry of Industry and of major actors
in the fashion and luxury sector, who are
present on its Boards and participate in
the Cercle IFM which provides financial
aid to students.
Since its founding, IFM has specialized in teaching the knowledge and
skills required to succeed in careers at
the intersection of management and
design. Our expertise has been manifested through a full-time postgraduate
program in Management of Fashion,
Design and Luxury, a full-time postgraduate program in Fashion Design, and
a part-time Executive MBA in Global
Fashion Management.
The members of Cercle IFM are:
The Institute today enjoys an international reputation and has made a name
for itself as the reference for professionals. Its activities (postgraduate and
executive education, research projects,
economic trends & forecasting)
guarantee a high level of academic
excellence that is in direct contact with
the economic and industrial world.
IFM is located in the heart of Paris,
close to the headquarters of many of
the world’s major fashion and luxury
companies, in the city that is a testing
ground for young designers and innovative product and retail concepts.
Our location along the banks of the
River Seine in the “Cité de la Mode et
du Design”, a city-sponsored platform
for showcasing design, places us at
the center of innovation and creativity
in Paris.
ARMAND THIERY, CHANEL, CHLOÉ INTERNATIONAL,
CHRISTIAN DIOR COUTURE, DISNEYLAND PARIS,
THE PIERRE BERGÉ – YVES SAINT LAURENT FOUNDATION,
THE HERMÈS FOUNDATION, GALERIES LAFAYETTE,
GROUPE ETAM, KENZO, LOUIS VUITTON,
L’ORÉAL LUXURY PRODUCTS, PRINTEMPS, VIVARTE,
YVES SAINT LAURENT.
...............................................................................................................................................
EDUCATION
MANAGEMENT POSTGRADUATE PROGRAM
DESIGN POSTGRADUATE PROGRAM
MSC LUXURY PROGRAM
EXECUTIVE MBA
SUMMER SCHOOL
...................................................................................................
EXECUTIVE EDUCATION
OPEN PROGRAMS
CUSTOM PROGRAMS
CONFERENCES
INTERNATIONAL PROGRAMS
..................................................................................................
OBSERVATORY & STUDIES
ECONOMIC OBSERVATORY
STUDIES
...................................................................................................
RESEARCH & PUBLISHING
ACADEMIC RESEARCH
PUBLISHING
PUBLIC CONFERENCES
...................................................................................................
KNOWLEDGE SHARING
LIBRARY
INTERNET, NEWSLETTER
SOCIAL NETWORKS
...............................................................................................................................................
IFM has welcomed international students since its first year and today more than a third of our
students are non-French. IFM is a founding member of IFFTI, the International Foundation
of Fashion Technology Institutes, an organization that gathers over forty of the world’s leading
educational institutions specialized in fashion management, design and technology.
We currently have partnership programs with a wide range of top-level international schools
including SDA Bocconi (Milan), ISEM - University of Navarra (Madrid), London College of Fashion,
FIT (Fashion Institute of Technology, New York), Hong Kong Polytechnic University, Central Saint
Martins (London), Tsinghua University (Beijing) and ESA (Beirut).
Photo © Farid Bernat
INSTITUT FRANÇAIS DE LA MODE
is a state recognized school and
a member of the Conférence des
Grandes Ecoles, the organization that
unites France’s top business schools
and higher education institutions.
MSC INTERNATIONAL LUXURY MANAGEMENT
/ Admissions
36, quai d’Austerlitz, 75013 Paris
[email protected]
WEB
www.ifm-paris.com
www.facebook/ifm.paris
www.twitter/IFMPARIS
www.dailymotion/IFM-PARIS
http://fr.linkedin.com/in/institutfrancaisdelamode
IFM on iTunes U
ENSEIGNEMENT POSTGRADUATE
EXECUTIVE MBA
FORMATION CONTINUE
OBSERVATOIRE & ÉTUDES
RECHERCHE & ÉDITION
BIBLIOTHÈQUE
POSTGRADUATE PROGRAMS
EXECUTIVE MBA
EXECUTIVE EDUCATION
OBSERVATORY & STUDIES
RESEARCH & PUBLISHING
LIBRARY
36, quai d’Austerlitz 75013 Paris, France
T. 33 (0)1 70 38 89 89 F. 33 (0)1 70 38 89 00
www.ifm-paris.com
CONTACT
Philip CACOURIS
Head of Program