+91-9811103268 | Apply Online | Download Brochure | Pay Online | Guidelines

University Offering Luxury Business Management

8rzpc

University Offering Luxury Business Management

When it comes to luxury goods market, India is gaining fast over other countries as being one of the most favorable and growing markets for luxury goods and services companies. With increasing spending power and spreading brand awareness in the country, larger numbers of consumers in India are now choosing to buy luxury goods and services.

According to a report by ASSOCHAM*, India is witnessing a significant growth in ts economy which is leading to urbanization, and in turn, providing higher disposable income to consumers. Apart from these, the increasing presence of luxury retail brands spreading across the country has also helped to improve the Indian luxury consumer market remarkably.

The study also pointed that that Indian luxury brand market is set to experience a 5-fold growth in the next 3 years, with the number of millionaires in India expected to multiply thrice in the coming 5 years, from now.

These and other such factors are clear indicators of the immense potential that the luxury goods segment in India holds. With increasing competition, there is an immense need for highly-trained and proficient luxury business management professionals in the industry. Hence, there is a handful of leading university offering luxury business management courses and training.

What does a Luxury Business Manager need?

The main responsibility of a luxury business manager is to attract a niche clientele towards their brand. Luxury brand normally has a significantly larger budget when it comes to advertising and marketing plans. Luxury brands are ready to use the latest and most expensive marketing tool to ensure that their brand gets the optimum level of exposure in the small, but highly-competitive, market segment. As compared to conventional business managers, luxury business managers need to be constantly involved in the corporate aspects. For this, they need to have immensely impressive qualifications, such as from a renowned university offering luxury business management courses, and a higher level of proficiency in performing their managerial tasks.

What should Luxury Business Management Courses offer?

A university offering Luxury Business Management courses need to teach the candidates the essential skills and knowledge which is required especially in the niche luxury market. Apart from learning the basic theoretical managerial skills, luxury business managers should also have decent exposure to the industry and ts inner workings too.

Besides having a good grasp of general marketing strategies, production, and management skills, aspiring luxury business managers are also required to know and adopt innovative promotional techniques, which are best-suited and most effective for that particular brand.

What does a Luxury Business Manager do?

Today. each luxury brand is looking to introduce their own form of strategy for marketing. based on the individual company profile. Larger luxury brands are seeking to employ manageement Today, each luxury brand is looking to introduce their own form of strategy for marketing, based on the individual company’s profile. Larger luxury brands are seeking to employ management professionals who bring truly innovative and highly effective marketing and promotional strategies to the table. On the other hand, smaller luxury brands are looking for management professionals who can help them get a break in a new category of luxury goods consumption and help to increase their distribution network.

Although there are hundreds of top business schools and colleges in India, only a few of these are known to provide comprehensive theoretical and practical training. Luxury Connect Business School (LCBS), is among the leading institutes in India offering Luxury Business Management courses as postgraduate curriculum. The institute not only provides in-depth knowledge about the luxury industry, but it also helps aspirants be better prepared with practical hands-on knowledge of conducting their potential managerial tasks with renowned luxury brands.

    Totally Transformed Career

    Connect On Twitter

    Connect On Instagram

    Error: Error validating access token: Session has expired on Sunday, 31-Mar-24 04:25:26 PDT. The current time is Tuesday, 16-Apr-24 00:08:29 PDT.

    Recent Posts

    Address

    Site No.4,Block H,Mayfield garden,Gurugram Sector 57,Harayana-122011

    Mobile no. : +91-9811103268

    Follow us

    Copyright All Rights Reserved @LCBS

    Scroll to Top

      Retailers Association’s Skill Council of India (RASCI) under aegis of National Skill Development Corporation (NSDC), A Government of India body, accredits Luxury Connect Business School (LCBS).

      LCBS has proudly created programs and systems which are in line with the above policy framework. Affiliation inspectors have certified our school as the only one following the prescribed international standard norms for retail in Luxury and premium goods & services. We have of course further specialized into ‘FASHION RETAIL’ and ‘LUXURY RETAIL’ via executive programs, on line programs, student programs and several certificate programs.

      We are proud to be recognized and contribute to the prime Ministers vision of a ‘Skilled India’.

      Medhavi Skills University is a renowned institution dedicated to nurturing the talents and skills of its students. With a strong focus on practical learning and industry-relevant programs, the university equips students with the knowledge and expertise required for successful careers in today’s competitive job market. Through its innovative curriculum, state-of-the-art facilities, and experienced faculty, Medhavi Skills University provides a dynamic learning environment that fosters creativity, critical thinking, and problem-solving skills.

      The university’s commitment to holistic development ensures that students not only excel academically but also grow as confident and responsible individuals, ready to make a positive impact in their chosen fields. LCBS is the academic partner to Medhavi in the luxury management domain.

      Medhavi Skill University appoints Luxury Connect Business School as it Sectoral Partner to deliver India’s 1st and only MBA in Luxury Brand Management.

      Retailers Association’s Skill Council of India (RASCI) under aegis of National Skill Development Corporation (NSDC), A Government of India body, accredits Luxury Connect Business School (LCBS).
      LCBS has proudly created programs and systems which are in line with the above policy framework. Affiliation inspectors have certified our school as the only one following the prescribed international standard norms for retail in Luxury and premium goods & services. We have of course further specialized into ‘FASHION RETAIL’ and ‘LUXURY RETAIL’ via executive programs, on line programs, student programs and several certificate programs.
      We are proud to be recognized and contribute to the prime Ministers vision of a ‘Skilled India’.