MBA Luxury Brand Management: Eligibility, Admission 2025, Fees, Syllabus, Scope

MBA Luxury Brand Management: Eligibility, Admission 2025, Fees, Syllabus, Scope

Edited By Moksh Dheri | Updated on Nov 29, 2024 03:03 PM IST | #MBA

MBA Luxury Brand Management is a postgraduate degree programme in the field of management of two years. Luxury Management refers to organising, creating, promoting, and selling quality products and services to people. The course is divided into four semesters, it provides knowledge of business, brand, and marketing management skills in luxury products.

This Story also Contains
  1. MBA in Luxury Brand Management Course Details
  2. MBA in Luxury Brand Management Eligibility Criteria
  3. MBA in Luxury Brand Management Admission Procedure
  4. Top MBA in Luxury Brand Management Entrance Exams
  5. MBA in Luxury Brand Management Cutoff
  6. MBA in Luxury Brand Management Syllabus
  7. MBA in Luxury Brand Management Fees
  8. MBA in Luxury Brand Management Scope
  9. Career Options after MBA Luxury Brand Management
  10. Top Recruiters
  11. Benefits of Studying MBA Luxury Brand Management
  12. MBA Luxury Brand Management Salary
MBA Luxury Brand Management: Eligibility, Admission 2025, Fees, Syllabus, Scope
MBA Luxury Brand Management: Eligibility, Admission 2025, Fees, Syllabus, Scope

To be eligible for the course, candidates should have completed a bachelor's degree from a recognised institute in India. CAT, MAT, XAT, ATMA, GMAT, and CMAT are popular entrance examinations. Jain University and Madhavi Skills University, Sikkim are well-known entrance tests for MBA Luxury Management are CAT, MAT, CMAT, XAT, and SNAP.

Business statistics, managerial economics, luxury merchandising, retail and brand management for luxury are some of the key subjects taught during the curriculum. In addition to MBA programmes, several short-term courses are also available for candidates interested in advancing their skills. One of the similar courses is, Marketing Luxury Understanding offered by IIM Ahmedabad.

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MBA in Luxury Brand Management Course Details

Particulars

Values

Degree Name

MBA in Luxury Brand Management

MBA Luxury Brand Management Degree Type

Postgraduate

MBA Luxury Management Course Duration

2 years

MBA Luxury Management Entrance Exams

CAT, CMAT, GMAT, MAT, XAT, ATMA

MBA Luxury Management Eligibility Criteria

Bachelor’s degree from a recognised institute in India

Admission Process

Entrance test

Fees for the entire duration

Rs. 7 Lakhs to Rs. 13 Lakhs

Average Salary

Rs. 8.5 LPA

Job Profiles

Product Manager, Retail Manager, Sales Manager, Brand Manager, Marketing Manager

Top Recruiters

LVMH, Kering, Richemont, Chanel, Gucci, Rolex, Armani

MBA in Luxury Brand Management Eligibility Criteria

There are no set eligibility criteria and it varies across institutions. It also varies depending on the citizenship category of candidates and the type of college. Below, we have listed the MBA Luxury Brand Management eligibility criteria followed by most colleges in India.

Eligibility ParametersDetails
Educational QualificationBachelor's degree from a recognised institute in India
Minimum aggregate marks50 per cent for the general category (5-10 per cent relaxation for candidates belonging to the reserved categories)
Work Experience1-2 years (not mandatory)
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MBA in Luxury Brand Management Admission Procedure

The application procedure is decided by the management authority of the institute. Generally, public colleges have a more strict admission process, compared to private colleges. Some colleges may conduct their entrance examinations or provide admission directly on the degree scorecard. We have compiled the MBA Luxury Brand Management admission procedure followed by the top business schools.

  • Candidates need to meet the required eligibility criteria first, otherwise, their application will not be entertained.
  • They have to apply for the course through the official website of the respective college.
  • They need to have a valid score in CAT, CMAT, GMAT, MAT, XAT, or other entrance exam.
  • Candidates clearing the cutoff of these exams will be selected for further rounds.
  • Group discussions and personal interviews will be conducted for selected candidates.
  • Based on the overall performance, the final merit list will be released by the institutions on their official website.
  • Selected candidates need to pay the course fee and submit documents before the due date for seat finalisation.
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Top MBA in Luxury Brand Management Entrance Exams

Entrance exams facilitate admission to various courses offered at colleges across the nation. Passing these entrance exams is necessary for candidates, otherwise, they will not be considered for the admission process of colleges. Below, we have provided top MBA luxury brand management entrance exams that provide admission to premier management institutes in India.

Exam NameConducting BodyExam Schedue

CAT

IIM Lucknow

CAT Exam Schedule

MAT

AIMA

MAT Exam Schedule

CMAT

NTA

CMAT Exam Schedule

XAT

XLRI Jamshedpur

XAT Exam Schedule

SNAP

Symbiosis International University

SNAP Exam Schedule

MBA in Luxury Brand Management Cutoff

Entrance exams for MBA courses, whether at the national or university level, are conducted regularly. Colleges set cutoff marks for each exam, and admit students who surpass the minimum cutoff. The total available seats, the number of applicants, and the exam's difficulty significantly influence the MBA Luxury Brand Management cutoff.

MBA in Luxury Brand Management Syllabus

The MBA luxury brand management curriculum is divided into four semesters, encompassing theoretical and research-based learning. A large part of the course also focuses on entrepreneurship and soft skills training. The below table provides information on the MBA luxury brand management subjects taught at the Jain Deemed-to-be University, Bangalore.

Semester 1

Computer Applications for Business

Organisational Behaviour

Business Communication

Business Statistics and Analytics for Decision-Making

Legal and Business Environment

Financial Reporting, Statements, and Analysis

Organisation Design

Marketing Management

Managerial Economics

-

Semester 2

Indian Financial System and Financial Markets

Corporate Social Responsibility and Sustainability

Marketing Research

Corporate Finance

Indian Economy and Policy

Human Resources Management

Organisation Study

Consumer Behavior and CRM

Luxury Merchandising

Sectoral Immersion: Oenology, Gastronomy, and Art Market

Luxury Retailing Management

-

Semester 3

Operations Management

Project Management

Management Skills for Effectiveness

Quantitative Techniques

E-Commerce for Luxury

Retail Management for Luxury

Brand Management for Luxury

Luxury Marketing

Sectoral Immersion: Perfumery and Cosmetics, Luxury Hotels, Accessories

Integrated Marketing Communication and New Media

Semester 4

Entrepreneurship

Indian Ethos and Business Ethics

Corporate Strategy

SIP + Research

Services Management

Social Media Marketing

Luxury Marketing - II

-

MBA in Luxury Brand Management Fees

There is no such fixed fee structure for MBA luxury brand management courses, as it depends on the governing body of the college. Factors such as college type, location, facilities, placement record, and experience of teaching faculty collectively determine the MBA luxury brand management fee structure.

Public colleges generally have low fees compared to private colleges, but this is not always the case, and institutions like IIMs have high fee structures. Public colleges also offer scholarships to students with meritorious academic and sports records, as well as to reserved category candidates. The average MBA luxury brand management fee is around Rs. 7.0 lakhs to Rs. 13.0 lakhs.

MBA in Luxury Brand Management Scope

An MBA in Luxury Brand Management offers a specialised skill set for managing high-end brands. Graduates can pursue careers in luxury fashion, hospitality, or retail, handling marketing, strategy, and customer experience. It is a dynamic field with global opportunities that involve brand positioning, market analysis, and trend forecasting.

To achieve success, candidates require a deep understanding of luxury consumer behaviour and the ability to adapt to evolving industry trends. By qualifying for UGC-NET or GATE exams, candidates can also opt for a Ph.D. and enter into academics.

Career Options after MBA Luxury Brand Management

There are a variety of career options available for graduates, mostly in the private sector. Hospitality and retail industries often hire individuals with expertise in luxury brand management. Below, we have listed some of the career options that graduates can opt for.

Product Managers: Product managers are professionals who oversee the product of an organisation. They are also responsible for developing strategies to achieve the organisation's goal.

Retail Managers: Retail managers or store managers are professionals who are in charge of the resources and inventory of organisations. They play a crucial role in ensuring that all customer service, safety, and quality standards are met.

Sales Managers: Sales managers lead the team of sales executives and they collectively plan a sales target of the organisation. Their job role also includes hiring and laying off sales employees, based on their performance.

Brand Managers: Brand managers ensure that the product of the organisation meets the requirements of target customers. They also monitor marketing trends to keep ahead of the competition.

Marketing Managers: Marketing managers are responsible for designing marketing strategies, drafting budgets, and planning sales and promotion. Pursuing an MBA in Marketing Management is the best way to become a marketing manager.

Top Recruiters

In this rapidly changing world, the industry landscape may also evolve, so it is important to check the latest trends and job placements. Top recruiters for MBA luxury brand management include renowned luxury brands such as:

  • LVMH (Moët Hennessy Louis Vuitton)
  • Kering
  • Richemont
  • Chanel
  • Gucci
  • Hermes
  • Rolex
  • Armani

Benefits of Studying MBA Luxury Brand Management

In the MBA luxury brand management, students gain an in-depth understanding of luxury brand strategies, consumer behaviour, and market trends. They will explore the international luxury market dynamics and develop a global perspective essential for managing brands across the globe. Candidates will acquire practical skills in areas like marketing, retail, and brand communication.

MBA in Luxury Brand Management will enhance the career prospects of graduates by positioning them as a specialist in the luxury sector. It will open doors to leadership roles within prestigious organisations

MBA Luxury Brand Management Salary

There is no fixed salary because many factors such as job role, location, and employment company determine the overall salary structure. Graduating from the best management colleges will provide more salary and job opportunities, as many top recruiters visit these campuses for recruitment. The below table highlights the average MBA luxury brand management salary for respective job roles.

Job Roles

Average Salary

Product Manager

Rs. 13.92 LPA

Retail Manager

Rs. 5.06 LPA

Sales Manager

Rs. 6.05 LPA

Brand Manager

Rs. 8.42 LPA

Marketing Manager

Rs. 7.19 LPA

Source: Payscale

Graduates of an MBA in Luxury Brand Management are provided will skills to understand the world of premium brands. This specialisation prepares individuals to lead in the luxury sector where they can deliver strategic value through effective management, marketing, and customer experience.

Frequently Asked Questions (FAQs)

1. What is Luxury Brand Management?

Luxury Brand Management involves organising, creating, promoting, and selling high-end products to individuals with high living standards.

2. What are the eligibility criteria for pursuing an MBA in Luxury Brand Management?

Candidates must have a bachelor's degree with at least 50 per cent marks. Entrance tests like CAT, MAT, XAT, GMAT, ATMA, or CMAT are required.

3. What is the admission process for an MBA in Luxury Brand Management?

Candidates need to meet eligibility criteria, apply through the official website, and submit a valid entrance exam score. Selected candidates will undergo group discussions or personal interviews.

4. What are the top entrance exams for MBA in Luxury Brand Management?

Common entrance exams include CAT, MAT, GMAT, and CMAT. These exams are widely accepted by various management institutes in India.

5. What is the fee structure for an MBA in Luxury Brand Management?

The fee varies across institutions, and factors such as college type, location, facilities, and placement records influence the fee structure. On average, it ranges from Rs. 7.0 lakhs to Rs. 13.0 lakhs.

6. What is the MBA in Luxury Brand Management duration?

Like all other MBA programmes, MBA in Luxury Brand Management is also of two years duration.

7. What is the scope of an MBA in Luxury Brand Management?

Graduates can pursue careers in luxury fashion, hospitality, or retail, handling marketing, strategy, and customer experience. Opportunities include brand positioning, market analysis, and trend forecasting.

8. What are the MBA in Luxury Brand Management career options?

Graduates can pursue roles such as Product Manager, Retail Manager, Sales Manager, Brand Manager, or Marketing Manager in industries like fashion, hospitality, and retail.

9. Who are the top recruiters for MBA Luxury Brand Management graduates?

Renowned luxury brands such as LVMH, Kering, Richemont, Chanel, Gucci, Rolex, and Armani are among the top recruiters.

10. What is the average salary for MBA Luxury Brand Management graduates?

Salary varies based on factors like job role, location, and employer. On average, salaries for roles like Product Manager, Retail Manager, Sales Manager, Brand Manager, and Marketing Manager range from Rs. 5.06 LPA to Rs. 13.92 LPA.

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Questions related to MBA

Have a question related to MBA ?

MBA program fees vary greatly depending on the school and country. In the U.S., top schools like Harvard, University of Chicago Booth, and Columbia charge tuition fees between 76,000 USD and 88,000 USD per year, with total expenses, including living costs, reaching over 112,000 USD.


In India, institutions like IIM Ahmedabad and FMS Delhi University offer more affordable options, with fees ranging from around 28,837 INR to 2,411 INR.


Online MBA programs tend to be cheaper, with fees ranging from 5,000 USD to 60,000 USD.


When considering an MBA, make sure to also factor in additional costs like books, materials, and living expenses, and explore financial aid options if needed.

According to available information, the placement scenario for MBA students at BIT Mesra is considered good, with a high placement rate, and average packages around 7 LPA, with some companies offering higher packages up to 16 LPA; top recruiters include Vedanta Group, Crompton Greaves Ltd., NTPC, and Exide Industries; most students are placed in diverse sectors with a significant portion getting placed in IT services companies as well.

Hello,

The MBA program at BIT Mesra has demonstrated a positive placement trend in recent years:

  • 2024 Placements : The highest package offered was Rs. 22 LPA.
  • 2023 Placements : The highest package offered was Rs. 20 LPA.
  • 2022 Placements : The highest package offered was Rs. 16 LPA.
  • 2021 Placements : The highest package offered was Rs. 18 LPA.
  • 2024 Placement Statistics : The average package offered was approximately Rs. 7 LPA, with an 84% placement rate.

These figures show a consistent upward trend in both highest and average salary packages for MBA graduates from BIT Mesra .

Hope it helps !

Dear aspirant !!

Hope you are doing well ! Here are some colleges who don't even take any test .

Best MBA Colleges in India Offering Direct Admission Without Entrance Exam

Name of the College Average Fee (in INR)
Apeejay School of Management 8.5 L
GD Goenka University 7 L to 8 L
Andhra Loyola College 70 K
Indian Institute of Foreign Trade (IIFT) 4.5 L to 21.77 L

.

https://bschool.careers360.com/colleges/list-of-mba-colleges-in-india .

Hope it will be helpful !!

Thanking you !

Have a great day !

Hi,

Based on the previous year analysis, According to your low CMAT score some of the colleges in which you have chances to get a seat for MBA or PGDM are the following:

  • Indus Business Academy
  • BIMTECH Greater Noida (Birla Institute of Management Technology)
  • Christ University Bangalore
  • XIME Bangalore (Xavier Institute of Management and Entrepreneurship)
  • SDMIMD Mysore (SDM Institute For Management Development)
  • IFMR Graduate School of Business at KREA University.

Hope this information will help you

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