MASTER of SCIENCE in LUXURY GOODS AND SERVICES

Instructional Methodology

The MLux seeks to provide graduates with the skills and knowledge to succeed in an increasingly fast-paced and specialized industry.

The program's aim is 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 diversity that enhances personal development and career prospects.

The Principality of Monaco forms an exceptional backdrop to a dynamic and diversified economic entity. In this context, IUM serves as an incubator for a wide range of synergies, from the complete support of the government to the full involvement of the business community. The MLux leverages these relationships by integrating the knowledge and experience of practitioners working in this milieu into the classroom through teaching, industry immersion, and guest lectures.

Thorough preparation is the key to successfully completing the MLux, 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, MLux students may also take French language classes.

Students who successfully complete the MLux will demonstrate an understanding of the enjeux stratégiques of the luxury industry be able to explain the significant position the luxury industry holds in the modern global economy.

They will 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, and discuss and critically evaluate the importance of brand relationships as they exist in the modern luxury enterprise.



IUM Instructional Methodology