International University of Monaco

Academic Programs > Master Programs > MScLGS > Instructional Methodology

Instructional Methodology

The MScLGS provide graduates with the skills and knowledge to succeed in an increasingly fast-paced and specialized industry. Applicants may be recent graduates, those with some work experience, or seasoned professionals holding a variety of corporate positions.

The program seeks to produce imaginative, informed, specifically-educated managers capable of crafting novel solutions to the often-unique problems that arise in the industry.

Program participants come from all over the world and represent a variety of backgrounds and professions, creating a multi-layered student body diversity that enhances personal development and career prospects.

Thorough preparation is the key to successfully completing the MScLGS. Students are expected to make a significant learning effort during scheduled course times and should expect to spend approximately 30-40 hours per week outside class for study, class projects, reading, and preparation.

Although the program is taught entirely in English, MScLGS students may also take free classes in French or other languages.

Students who successfully complete the MScLGS will be able to:
   Demonstrate an understanding of the strategies of the luxury industry.
   Explain the significant position the luxury industry holds in the modern global economy.
   Present an overview of functional business theories, principles, and practice as they relate to the luxury industry.
   Describe the interrelationships between channel members in the luxury distribution system.
   Illustrate, using concrete examples, the importance of the human element in the management of luxury goods and services.
   Discuss and critically evaluate the importance of brand relationships as they exist in the modern luxury enterprise.
   Display the skills necessary to manage successfully the human element inherent in all aspects of luxury goods and services in times of change and uncertainty.

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