MASTER OF SCIENCE INTERNATIONAL LUXURY MANAGEMENT LUXURY INTERNATIONAL MANAGEMENT
My academic and professional experience in luxury retail and digital marketing have taught me that succeeding within the luxury industries requires much more than just passion and determination. I am confident that our innovative curriculum and signature IFM approach to management will prepare our graduates to become the luxury leaders of tomorrow. Brad Fujimoto, Head of MSc International Luxury Management Program #3 Fashion school in the world (Business of Fashion 2016 ranking) The MSc Luxury is a 15-month graduate program delivered entirely in English. Its objective is to prepare a small group of select students to pursue their careers on an international level, within the worldwide headquarters, regional head offices, or national subsidiaries of French or other global luxury companies. This program draws upon IFM s signature strength in training young professionals to master the delicate balance between management & design in the creative industries. It gives students: - a strong foundation in management skills as applied specifically to the luxury sector: marketing, strategy and operations for international markets, with a particular emphasis on distribution and retail management - the keys to understand and leverage brand value: luxury branding, communication and digital strategies - 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 through historical and contemporary references. They will learn French in order to accelerate their preparedness for future internships or careers in France and their immersion into the French culture, and to optimize networking with French students and alumni. A rich academic year spent in the heart of Paris, with a particular focus upon leadership and professional development in a highly multicultural environment, will give participants a key competitive advantage as they pursue their careers. This program has the active support of companies including Chanel, Chloé, Christian Dior, Hermès, Kenzo, L Oréal Luxe, Louis Vuitton, Saint Laurent Paris who participate in the program during the academic year through workshops, business cases, and conferences. The program includes a six-month internship, providing invaluable hands-on business experience in Paris or abroad. KEY FEATURES «Knowledge of the luxury and fashion industry value chains, from raw materials and production techniques, to merchandising, marketing strategies and brand image, is priceless. This knowledge base has served as a competitive advantage to me while pursing my career path. I had very high expectations, and the MSc in International Luxury Management program at IFM definitely lived up to them.» Erica Persson, Class of 2015, Sweden International Menswear Press Officer, Louis Vuitton, Paris Prototype not for sale Coat by Lazar Cuckovic Couture, Needle punch by Anne Kluytenaar, Interlining by Freudenberg. Design by Anne Kluytenaar IFM designer 2015. Photography by Natalie Weiss
STUDENT PROFILE The participants of the MSc Luxury program hail from a wide range of cultures and backgrounds. Of a relatively small size, the average class is composed of over 20 different nationalities, with Europe, Asia and the Americas being rather equally represented. Students admitted to the program demonstrate high potential to succeed within the competitive luxury industries and hold prestigious undergraduate degrees in such diverse academic domains as finance, marketing, journalism, arts, architecture, engineering and law. CURRICULUM The 15-month Program begins in September and runs full-time until early June. This period of study is followed by an internship of 6 months. ECTS credits: 75 credits (including 15 credits for the internship). The rigorous 9 months on campus consist of a mix of lectures, workshops, real business cases with partner companies and study tours. It is taught by IFM faculty and a large number of guest lecturers, CEOs and professionals of the sector who share their practical experience and industry insights. Courses (600 hours) COURSES ARE STRUCTURED AROUND SEVEN MAIN THEMES: History and culture Savoir-faire, creation and design Products Marketing Distribution and retail Strategy, finance and operations Leadership and career development OTHER KEY COMPONENTS OF THIS PROGRAM: Study tours (50 hours) In France and Italy to explore tradition and savoir-faire in creation and craftsmanship. The small size of the class allows privileged access to the people and places that embody this heritage of artisanal and industrial innovation in the creative industries. Language classes (80 hours) French courses are offered in partnership with the Alliance française Paris Ile-de- France, France s leader in foreign language education located only two steps away from the Jardin du Luxembourg. Classes are offered in small groups and focus on French language within the fashion industry as well as speaking skills. Workshops and business cases «Since its creation in 1986, IFM has been considered as one of the best fashion design and fashion management schools.» Vogue, September 2, 2015 - The Act of Creation workshop kicks off the year, with IFM Designers, Managers and Entrepreneurs working together in interdisciplinary teams. - Real business cases require students to apply the knowledge that they have acquired during the program and to present their strategic conclusions directly to the executive teams of the partner companies (Chloé, Condé Nast, Dior, Dom Pérignon, L Oréal... ). Thanks to the strong IFM network, each student will have the opportunity to exchange with approximately 70 industry professionals throughout the year, thereby helping them to broaden their own professional contacts. INTERNSHIP Students complete a six-month internship, starting as of June, with coaching by IFM s Career Services Department. Students have the opportunity to complete their work placement in Paris or abroad, often within one of the companies supporting this program, including Chanel, Christian Dior, Hermès, Kenzo, L Oréal Luxe, Louis Vuitton And also with companies such as Acne Studios, Alexander Wang, Chalhoub Group, chloé, givenchy, Karl Lagerfeld, Marc Jacobs, Max Mara, Prada, Proenza Schouler, Rick Owens, Tag Heuer, Tommy Hilfiger PLACEMENT Professional opportunities for graduates of this program are primarily related to international business development, helping to meet the needs of luxury brands as they continue reinforcing their presence across global markets. Graduates of the program currently hold roles in areas such as product merchandising, operational marketing, retail development, press relations and travel retail. Other career paths include consulting, wholesale and buying management, digital, CRM and visual merchandising. On average, 90% of the graduating class secures full time employment within 6 months of completing the program. CAREER SERVICES For the past 30 years IFM has developed a very strong network of recruiting companies and has been following closely the career paths of its alumni. IFM s Career Services Department leverages this experience to advise students on job lines and opportunities, offer career guidance and connect them with potential recruiters. During the academic year a dedicated team of three career advisors organizes: - Individual meetings with HR managers as part of the annual Recruitment Forum at IFM - Company presentations of their activities and jobs available for IFM alumni - Individual coaching: creative formalization of each student s career to date and plans for the future - CV writing and interview preparation, debriefing and individual follow-up Throughout their career, IFM s Career Services Department acts as a bridge between graduates and companies by actively networking with recruiters and job seekers. Graduates benefit from a strong alumni network, a constantly updated database and connections in France and abroad. «At IFM, I learned that luxury comes from everywhere, from the workers, the factories, the culture, the history and it translates into the design, the brand. IFM has given me a deep understanding of how to translate all those aspects into a brand strategy.» Daniela Soto Beltran, Class of 2015, Mexico. Retail Manager, Rick Owens, Turin llarde-deslandes Nicolas Krief
ADMISSIONS & FINANCING Applicants must hold a Bachelor s degree (four years) in any discipline. Professional experience is not essential but will be taken into account in the evaluation of an application. The program is taught entirely in English, and applicants are not required to speak French. Those who are not native English speakers or have not spent at least three years studying in an English-speaking university are required to take the TOEFL (minimum score 100) or IELTS (minimum score 7). The recruitment process consists of two steps, firstly the submission of a detailed written application (completed with 2 reference forms) and secondly, for selected candidates, an interview (either via Skype or in person), with a jury of IFM faculty and staff, and industry professionals. The application form can be downloaded via IFM s website. There is a non-refundable 100 euros application fee. The tuition fees are 20,400 euros for the 15-month program (2017/2018 academic year). Thanks to the sponsorship of the corporate members of Cercle IFM, needbased scholarships are available, based upon financial criteria. In 2016, 40% of IFM students received a scholarship, which covered up to 70% of their tuition fees. NETWORK IFM is a state-recognized institution of higher education and a member of the Conférence des Grandes Écoles, the organization that unites France s top business schools and higher education institutions. IFM is also a founding member of IFFTI (International Foundation of Fashion Technology Institutes), an organization that gathers over fifty of the world s leading educational institutions specialized in fashion management, design and technology. The MSc in International Luxury Management is registered at level 1 (Master level) with the Répertoire National des Certifications Professionnelles (RNCP). This registration entitles the non EU students who have graduated from the program (internship included) to obtain an Autorisation Provisoire de Séjour (APS - Temporary Stay Authorization) allowing them to work in France for a year or longer. «The diverse courses, along with business cases and study trips combined to provide us with a deep understanding of all aspects of luxury. We attended lectures given by high ranking business professionals in the industry, which provided us with real life insight. I also truly appreciated the international aspect of the program, with 18 different nationalities, it was always a rewarding experience to exchange ideas and tackle projects with my fellow classmates.» Stephanie Tercero, Class of 2016, USA Women s RTW Merchandising Assistant, Givenchy, Paris INSTITUT FRANÇAIS DE LA MODE offers specialized and vocational postgraduate academic programs and executive education which break down barriers between management and design, and nurture an entrepreneurial mindset. IFM is also a renowned center of expertise and research in areas such as textile, fashion, luxury and design. Ranked number 3 fashion school worldwide in 2016 by the Business of Fashion, IFM welcomes 180 students and 2,000 executives each year. Founded in 1986 by professionals from the industry and supported by the French Ministry of Industry, IFM maintains close ties with businesses. Its circle of corporate sponsors counts 15 of the most prestigious fashion and luxury brands. Academic and market research are also important assets of IFM, offering numerous publications in social and human sciences applied to fashion and design, as well as professional guidelines for decoding the profound economic and structural changes in the sector in terms of product strategy, consumer behavior and retail strategies. 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, innovative products and retail concepts. Our location along the banks of the River Seine at Les Docks, Cité de la Mode et du Design, a platform for showcasing design, places us at the center of innovation and creativity in Paris. In 2016 IFM closed a strategic alliance with École de la chambre syndicale de la couture parisienne, an institution founded in 1927 and praised for the quality of its teaching, combining creativity and technical expertise. CERCLE IFM IFM s deeply-rooted ties with the fashion and luxury industry ensure that students are prepared for successful careers in all types of functions and locations. IFM s circle of corporate sponsors include some of the world s most prestigious fashion and luxury companies and foundations. Throughout the years they have been actively supporting IFM s development and providing financial aid to IFM students. Current members of Cercle IFM are: ARMAND THIERY SAS, CHANEL, CHLOÉ, CHRISTIAN DIOR COUTURE, FONDATION D ENTREPRISE HER- MÈS, FONDATION PIERRE BERGÉ-YVES SAINT LAURENT, GALERIES LAFAYETTE, GROUPE ERAM, GROUPE ETAM, KENZO, LOUIS VUITTON, L ORÉAL LUXE, PRINTEMPS, SAINT LAURENT PARIS, VIVARTE. The companies which have joined Cercle IFM are proud to support IFM in its ambition to welcome talented students, whatever their origins or financial situations. Bruno Pavlovsky, President of Chanel s Fashion Activities, President of Cercle IFM James Ewing
EDUCATION MANAGEMENT POSTGRADUATE DESIGN POSTGRADUATE MSC LUXURY IFM entrepreneurs SUMMER SCHOOL EXECUTIVE EDUCATION EXECUTIVE MBA IFM LABELS OPEN PROGRAMS CUSTOM PROGRAMS INTERNATIONAL PROGRAMS OBSERVATORY & STUDIES ECONOMIC OBSERVATORY STUDIES RESEARCH & PUBLISHING ACADEMIC RESEARCH PUBLISHING PUBLIC CONFERENCES LIBRARY Brad Fujimoto Head of MSc International Luxury Management Emmanuelle Mauduit Academic Assistant CONTACT mscluxury@ifm-paris.com 36, quai d Austerlitz 75013 Paris, France T. 33 (0)1 70 38 89 89 www.ifm-paris.com