
Home > Study in Germany > Fresenius University of Applied Sciences - Cologne Campus > Master of Science in Luxury Management
Master of Science in Luxury Management
Fresenius University of Applied Sciences - Cologne Campus, Germany
EUR 11400
Annual Tuition Fee
Free
Application Fee
24 months
Duration
6
IELTS
70
TOEFL
50%
Min GPA
Program Overview
The luxury and fashion sector is booming. Whether it’s apparel, accessories, luxury cars, beauty, watches, jewelry, luxury hotels or wine and spirits, there is an increasing global demand for exclusivity, rarity and high quality. A new generation is at the forefront of social and cultural change, with strong desire for lives experiences and a search for meaning, so luxury brands must focus on creativity and innovation to enhance their relevance to consumers.
The goal of this master’s program is to equip you with skills based on both academic fundamentals and practical experience, provide you with a broad view of the luxury sector, and thus give you the know-how that will make you the managers of tomorrow.
By completing the Luxury Management (M.Sc.) program, you will have acquired robust management and luxury fashion skills to thrive in this industry. You will also have options throughout your study program to individualize your studies and develop your personal profile: Take part in business excursions to Paris and Munich, choose elective courses, complete an internship or choose to spend a semester abroad. The fourth semester is dedicated to the writing of your master thesis as well as participating at 2 online courses. Therefore, for your last 2 semesters, you can decide where you want to live.
Study content
While studying for your master’s degree in Luxury Management (M.Sc.), you will delve deeper each semester into the luxury industry, luxury brands, and luxury products, acquiring ever-increasing know-how. A variety of important topics await you, such as:
- Luxury Business Mix
- Strategic and Financial Management in Luxury
- Customer Experience in Luxury Management
- Distribution & Communication in Luxury
- Origins of Luxury in History, Art and Culture
- Digital & Sustainable Transformation in Luxury
Customizable third semester
The master’s program in Luxury Management (M.Sc.) enables you to customize your third semester in order to follow your interests and develop your professional profile. Out of three options you can decide if you want to complete a six month internship at a luxury or fashion house/brand/company, study abroad at a partner university with a program in luxury and fashion management in Italy, France or UK, or attend the semester in Cologne where you will choose an elective module on one of the following topics:
- International Relations
- Corporate Finance
- Sustainability Management & CSR in a Global Context
- Entrepreneurship
- Consumer Behavior & Psychology
Practical relevance
Practice-oriented learning is a top priority at Fresenius University of Applied Sciences. On the master’s program in Luxury Management (M.Sc.), you can expect application-oriented teaching from experts who share their wealth of experience. You will work on projects and case studies. In the second semester, you can also participate in business excursions to Europe’s centers of luxury, such as Paris and Munich. In the third semester, you have the opportunity to complete an internship in the luxury sector.
Interactive learning, excursions, guest lectures, workshops and recruitment activities with our partners are also common practice at Fresenius University of Applied Sciences.
Additional Information
Program Level Master's Degree
College/University Processing Time 15 Days
Program Format Full-Time
Job Seeker Visa (JSV)
General Admission Requirement
Academic Requirement
- Minimum Level of Education Required: To be accepted into this program, applicants must have a Bachelor’s degree with 60 credit points in the fields of business or economics.
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Tuition Fee
The values given below are estimated figures, excluding extra charges like material fee, student activity fees, athletic fees, health care, etc., for courses. To know more, please visit the Programs page.
Average Tuition Fee Per Year
11400
Tuition Fee
(EUR)
Free
Application Fee
(EUR)
11208 Per year
Average Cost of Living
(EUR)
The living costs include the total expenses per month, covering accommodation, public transportation, utilities (electricity, internet), books and groceries.
Check program website for more information about funding options.
Scholarships
Scholarship Criteria
- Student Pentium scholarship given by German education support to every student amount of 300 Euro per month.
- Early Bird Discount of 1000 Euro if student pay the full one year fee along with confirmation deposit within a month and it (1000 Euro) will be received in 3 rd Semester to student.
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