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IMLUX – International Master in Luxury Management

THE MASTER FOR LUXURY MANAGEMENT PROFESSIONALS

It is generally agreed by leading market analysts and industry experts that Luxury Goods routinely perform better than others, even during times of economic downturn. The reason for this lies in their innate ability to meet the demand for the ‘exceptional’ expressed by an increasingly growing number of customers. In order to meet these expectations, Luxury companies require cutting-edge design skills, outstanding craftsmanship, the ability to deliver a unique customer experience and to create strong associations through brand recognition. In order to meet this growing need, MIP Politecnico di Milano and NEOMA Business School have jointly developed the International Master in Luxury Management programme – a full-time 12-month course, which awards an internationally recognised double degree.

Educational partner:                  Partner companies:
                        

Language: English

Type: Full time

Intake: Fall 2022

Length: 12 months

Location: Milan, Italy and Reims, France

Tuition fee: € 19.500

University Requirements: 4-year Bachelor degree (minimum 240 ECTS) or 3-year Bachelor degree + 1 year of professional experience

International Masters Admissions Office
Tel : +39 02 2399 2820
email : infomasters@mip.polimi.it

KEY FACTS

Joint programme with
NEOMA Business School

 

In partnership with
Prada Group and
Champagne Taittinger

 

The pursuit of talent with the necessary skills will be one of the luxury industry’s biggest challenges (BCG)

.

3rd

position in the TOP 2021
Eduniversal Best Masters Ranking (Global)

WHY CHOOSE US

The programme offers a highly specialised qualification with candidates receiving an internationally recognised double degree from the Politecnico di Milano and NEOMA Business School. Discover the highlights of the programme.

  • 1 year, evenly divided between studying in Reims, France, and Milan, Italy
  • 100% in English
  • In partnership with Prada Group and Champagne Taittinger
  • Ranked at the 3rd position in the TOP 2021 Eduniversal Best Masters Ranking (Global)
  • Focus on the creation and management of the value chain of a luxury organisation
  • The flavour of Made in Italy excellence during your Italian semester
  • Combination of traditional managerial practices and theories with concepts meeting the needs of the modern luxury goods industry
  • International focus with exposure to global industries and international faculty
  • Encompassing not only fashion but also luxury tourism, hotels, interior design, perfume and cosmetics, health-oriented tourism properties e.g. spas, casinos, cruises, plus the wine industry and luxury automobiles
  • Contact with key players in the industry, leading to meaningful connections and networking opportunities

PROGRAMME

The International Master in Luxury Management is a 12-month Master programme offered by MIP Politecnico di Milano and NEOMA Business School, which seeks to teach the fundamentals of operating in the Luxury goods industry, with a specific focus on enabling students with a managerial background to acquire a keen awareness and the attributes that will enable them to assume the broader tasks and responsibilities unique to the luxury brands industry. The programme also includes the following practical activities: lessons, seminars held by international lecturers, workshops on soft skills empowerment, company presentations, project work in collaboration with companies, company visits.
The master is entirely taught in English.

Please note that this programme is designed for fresh graduates with less than 3 years of work experience. Candidates can apply for the programme starting in the Fall of 2022 if they have completed their bachelor/master degree no earlier than 2019. Candidates who have completed their bachelor degree/master degree before 2019 can consider our International MBA programs. 

Students will spend one term in Reims followed by one term in Milan and then by a third term at both institutions.

CAREER DEVELOPMENT PROGRAMME

The programme includes highly structured career management services thanks to the MIP Career Development Center. Among the services offered there are:

  • Career workshops integrated into the Master’s programme to develop the career management skills needed to be competitive in the job market
  • Digital tools and artificial intelligence at the student’s service to optimise your CV and measure and improve your hard, soft and digital skills
  • Individual consultation meetings with professional career coaches
  • Free access to the MIP Global Network of Careers Websites
  • Networking events with employers, such as company presentations, company visits, recruiting on-campus events, Career Days
  • Preferential access to internship and job advertisements on Job Teaser, the School’s digital careers platform

 

ANNUAL CAREER EVENTS & CORPORATE NETWORK

  • 3 Career Weeks per year with over 300 partner companies, both national and international
  • Over 30 business workshops and business presentations per year
  • More than 15,000 internships and job opportunities globally accessible thanks to our wide network of international career portals
  • 5-10 Recruiting Days per year, organised by MIP in partnership with individual employers based on the needs and timelines of placement into the company

Who is eligible for the IMLUX Programme?

Students with a 4-year bachelor’s degree with an equivalent of 240 ECTS or higher are eligible to apply. Students with fewer than 240 ECTS are eligible to apply provided they have at least one year of relevant work experience.

How long is the IMLUX programme?

The programme is 12 months long.

In what language is the programme taught?

The programme is taught in English, although there are opportunities for students to learn the native language of the countries of study throughout the programme.

Do I need to speak French and Italian?

No, as the medium for the course is English, students are not required to learn French or Italian, although they will be given the opportunity to do so.

How many students are on the programme?

The average class size is around 50 students.

Is there an age limit for the programme?

No, but the average age of the candidates is 20-25 years.

What type of degree/title will I obtain upon graduation?

Upon graduation, candidates obtain the First Level University Specializing Master from Politecnico di Milano which is recognized by the Italian Ministry of Education, University and Research (MIUR) and it is issued under the autonomous responsibility of Politecnico di Milano.

Candidates are advised to check with the relevant authorities in their home countries regarding the validity/recognition of this title in their home countries.

Will I have to buy textbooks?

No, you will be provided with textbooks by the programme, with the cost included as part of the overall programme fee.

ADMISSIONS

STATUS OF APPLICATIONS: The application cycle for the Fall 2021 intake is now closed. The admissions for the Fall 2022 intake will open on 15th October 2021.

Please note that this programme is designed for fresh graduates with less than 3 years of work experience. Candidates can apply for the programme starting in the Fall of 2022 if they have completed their bachelor/master degree no earlier than 2019. Candidates who have completed their bachelor degree/master degree before 2019 can consider our International MBA programs. 

The ideal candidate

  • Possesses strong leadership and managerial potential
  • Is open to learning and exploring a variety of luxury industry business areas
  • Demonstrates the drive necessary to meet the demands of an extensive Master’s degree
  • Holds a 4-year Bachelor’s degree or recognised equivalent from an accredited institution or a 3-year Bachelor’s degree plus one year of professional experience 

STEP 1: ONLINE APPLICATION AND DOCUMENTS SUBMISSION

  • Fill in the form on www.applyformasters.net
  • Upload the following documents:
    • CV in English
    • University Transcripts/Mark sheets
    • Bachelor’s/Master’s degree (if available)
    • Passport or ID
    • Digital Picture
    • At least one letter of reference
    • Motivation letter
    • Financial Aid Essay (if applying for one of MIP’s tuition fee reductions)
    • English proficiency certificate: IELTS, TOEFL, TOEIC or equivalent (if available)
  • Pay the Application Fee (EUR 100)

STEP 2: SCREENING OF CANDIDATURE

You will be contacted for the Motivational Interview in English, which will take place online.

STEP 3: COMMUNICATION OF THE FINAL ADMISSION DECISION

If the result of the selection interview is positive, you will receive the final admission and scholarship (if any) decision by email.

STEP 4: CONFIRMATION OF PARTICIPATION

Upon receipt of the admission offer, you will be required to pay the first instalment of EUR 2500 within 15 days of the date of receipt of the offer letter should you wish to confirm your participation to the programme (a short extension to this deadline can be requested in case you are applying for an education loan, external scholarship etc, or for any other viable reason).

HOW TO PAY

MIP has partnered with Flywire to accept payments from international students worldwide. Easily and securely make education payments in your own currency, using local payment methods from the safety and convenience of your home. With real-time tracking and 24×7 multilingual support, millions of students and families around the world trust Flywire for payment processing.
Watch this video to see how it works

What is the deadline for applying to the programme?

Please note that the admissions process for the Master is on a rolling basis, therefore the sooner you apply the more chance you will have of securing your place in the class, as capacity may be reached before the final application deadlines.

Does the IMLUX programme have a letter of recommendation form?

There is no specific form for the recommendation letters; however if you need any help on the ideal template for your application, please contact infomasters@mip.polimi.it and we can provide you with further assistance in this matter.

FEES AND BENEFITS

The programme costs €19.500. These costs cover the entire length of the programme, although they do not include living and travel expenses.

No early-bird discount or any other contributions are available for this Master programme.

MIP has partnered with Flywire to accept payments from international students worldwide: for more info, click here.

Deutsche Bildung.
The alternative to a student loan.

As a social business, Deutsche Bildung has financed students since 2007. Monthly as well as single and returning payments guarantee a completely flexible financing of almost all programmes and subjects in Germany and abroad. The repayment is income-linked: students pay back a fixed percentage of their future income over a certain period of time once they have entered their first job successfully.
More information via www.deutsche-bildung.de.

What is the cost of the programme?

The programme costs €19.500. This amount covers the entire length of the programme, although it does not include living and travel expenses.

How do I apply for tuition fee contributions or grants for the programme?

We turn the future into a part of you.

We offer highly personalised services with the objective of developing the necessary skills, tools and strategy and expanding your professional network, to help you succeed in today’s complex and competitive global job market.

CAREER

Bring fresh skills to the workforce: the pursuit of talent with the necessary skills will be one of the
luxury industry’s biggest challenges in the coming decade. (BCG)
 

71%

of students work aborad within 3 months after graduation. In detail: Italy 29%, Europe 59%, other Countries 12% (last two editions).

.

5-10%

is the annual luxury market growth rate until 2021 forecasted by Deloitte. Despite the international economy’s complex outlook, the thriving M&A activity is boosting the confidence of investors.

71%

of fashion executives expect their online business to grow by 20% or more in 2021. (McKinsey)

McKinsey
.

  Digital adoption has soared with many brands finally going online and embracing digital innovations: fashion players must optimise the online experience and channel mix while finding persuasive ways to integrate the human touch. (McKinsey)
The new key imperatives in luxury are operating more sustainably, ensuring diversity and inclusivity, embracing digital capabilities, and integrating people and technology. (BCG)

CAREER PATH

The master prepares students for, amongst others, the following roles in international luxury companies:

– Product Manager
– Project Development Manager
– Merchandising Manager
– Purchaser
– Management Controller
– Supply Chain Specialist
– Packaging and Development Manager

TOP EMPLOYERS

Graduates of previous editions are now working in leading companies such as:  BMW Group, Bottega Veneta, Bulgari Roma, Calzedonia Group, Chanel, Chopard, Coty, Diesel, GUCCI, Hermes, Hugo Boss, Karl Lagerfeld, Kering, L’Oréal Luxe, Louis Vuitton Service, LVMH Fragrance Brands, Max Mara Group, Michael Kors, Moncler, Montblanc, Saint Laurent, Sephora, Stella McCartney, Starwood.

GALLERY

ISO strives to provide a tailor-made service to each international candidate and enrolled student by assisting with enrolment and non-academic matters.

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