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Luxury management is a training program that aims to impart the knowledge and skills necessary to manage, sell and communicate in the luxury sector. Luxury management is mainly aimed at students in management, engineering or design who wish to specialize in this particular sector. But many wonder, what to do after studying luxury management? This course teaches you how to manage multicultural and multidisciplinary teams while being an effective ambassador for your brand.
What types of careers are available in luxury management?
Luxury management is a diverse industry that offers a variety of exciting careers. Luxury management jobs can range from general management and marketing management to design and production positions.
General management positions often involve managing large-scale luxury operations, ensuring that products and services are of the highest quality, and developing strategies to ensure the profitability of the company.
Marketing management positions involve setting up and monitoring advertising campaigns, researching new markets and analyzing market trends.
Design and production positions involve creating quality products and services, developing new ideas and finding new ways to promote luxury.
The luxury management professions offer professionals the opportunity to work in a dynamic and growing industry, and to put their expertise and creativity at the service of a luxury company.
How to stand out in the job market in this field?
The luxury management professions are very specific and require unique skills and knowledge. To stand out in the market, it is important to understand the specific requirements and constraints of this sector.
Luxury managers must be both management and marketing experts, and must also have a good understanding of business trends and practices. They must also have a thorough knowledge of luxury products and services, and be able to create strategies that can be implemented to achieve business goals.
Finally, luxury managers must be able to communicate effectively with customers and suppliers to ensure smooth operations.
What skills and qualities are sought after by employers in luxury management?
For a career in luxury management, it is important to have solid management experience. Managers must be comfortable with intercultural and multidisciplinary relationships, know how to motivate teams and be true ambassadors for the brand they represent.
To do so, they must have a thorough understanding of industry-specific skills and knowledge, such as merchandising or customer relationship management. In addition, a good manager must also master the key techniques of marketing and communication in order to achieve the objectives set by his company or his particularly demanding clientele.
Luxury managers must have appropriate training in a specific area of the luxury sector or in intercultural management. It is advisable to attend a business school for example. IUM offers training in luxury management. You can opt for a master’s degree for your specialization.
Experience is essential for a management position in this sector, as it is a particular universe that requires very specific skills.
What are the opportunities for further study or training in luxury management?
Luxury management is an exciting field with many opportunities for further study and development. There are different options for students interested in a degree or certificate in luxury management. Students can choose from full-time, part-time, and online programs. Full-time programs are often offered by business schools, while part-time programs are usually offered by universities or specialized institutions. Online programs are a great option for students who can’t travel to the location. These programs offer students the flexibility and opportunity to study at their own pace and to develop their skills in luxury management. It is also interesting to choose a work-study program. This allows you to gain professional experience.
Are there any mentoring or internship programs to help get started in luxury management?
Luxury management is one of the most coveted professions. As a result, companies offer many programs to help young graduates start their careers. Among the most popular programs are the mentoring program and the internship. The mentoring program allows experienced managers to accompany young managers in their career path. The internship is a period during which a young manager can come into contact with the working world and discover the different aspects of luxury management.Updated 14 September 2023