Home > Study in Germany > Fresenius University of Applied Sciences - Munich Campus > Master of Science in Luxury Management
Master of Science in Luxury Management Fresenius University of Applied Sciences - Munich Campus, Germany
EUR 11400
Annual Tuition Fee
Free
Application Fee
24 months
Duration
6
IELTS
70
TOEFL
50%
Min GPA
Program Overview
On the Master’s program in Luxury Management (M.Sc.), you will acquire robust management expertise and explore marketing, sales, and strategies in the luxury industry. You will also have many opportunities to pursue your personal interests and develop your personal profile: In the second semester, you can take part in a business excursion to Paris or Milan. In your third semester, you can choose an elective module, do an internship in the luxury sector, or spend a semester abroad at a partner university with a program in Luxury and Fashion Management.
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 Management: You will gain a broad understanding of what makes luxury brands, luxury products, and luxury services different, and learn how to position, market, sell, and strategically manage them.
- Management Principles in a Luxury Context: You will acquire in-depth knowledge of marketing, finance, and compliance, which are particularly relevant when working with brands in the luxury sector.
- Advanced Management Essentials: You will acquire critical leadership-oriented management skills to lead projects and teams and to manage companies in a future-oriented and agile manner.
- Intercultural & Language Skills: Students without German language proficiency will build up their skills in curricular German courses in the first and second semesters. If you are already proficient in German, you will prepare yourself for a global environment in the Intercultural Competence module and develop your linguistic skills in a further foreign language.
- Research Methods & Empirical Skills: As a Master of Science, this program has a profound scientific foundation. You will learn to appreciate how research informs business-related decisions and acquire a portfolio of specific methods to gather and analyze your data.
Customizable third semester
The Master’s program in Luxury Management (M.Sc.) offers more than just compulsory modules. You will also have the opportunity to follow your interests and develop your professional profile. In the third semester, you will choose an elective module on one of the following topics:
- Sustainability Management & CSR in a Global Context
- Entrepreneurship
- International Relations & Current World Affairs
- Consumer Behavior & Psychology
Alternatively, you can do an internship in the luxury sector or spend a semester abroad at a partner university with a program in Luxury and Fashion Management (Italy, France, UK, or Germany).
Additional Information
Program Level Master's Degree
College/University Processing Time 10 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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