Recently the International University of Monaco (IUM) announced a partnership with the Luxury Connect Business School (LCBS) in New Delhi, India. The students will spend 70% of their academic time in India and 30% at the IUM campus participating in certified tracks offered by IUM. The first batch of Executive Diploma in Luxury Management (EDLM) is scheduled to commence from February 2014 with the first exchange program taking place in April 2014. This would be followed by a full time Post Graduate Diploma in Luxury Management (PGDLM) which will start in academic year fall ’14.
PGDLM program will offer its students to take specialized courses in areas such as Luxury Good & Services, Retail Management and Luxury Hospitality & Events Management. They will be in touch with key players in the luxury industry and gain hands-on knowledge of the major aspects of luxury management through active learning and project work. The International University of Monaco will be providing teaching staff, and will deliver a certificate for the courses successfully completed at IUM.
Jean-Philippe Muller, General Director of the International University of Monaco, said: “The LCBS program’s main focus will be to provide to Indian students a strong business insight into both local and international markets. Travel to Monaco and be enrolled in our luxury management programs is a key opportunity to learn European best practices and methods of luxury business.’’ Speaking about the association, Abhay Gupta, founder and CEO of Luxury Connect Business School, said: “I am delighted to officially launch this partnership between IUM and LCBS. Luxury brands in the Asian region increasingly need trained, professional managers. This partnership with IUM will boost the development of Luxury markets in the entire SAARC region, such as India, Bangladesh, Pakistan, Nepal, Bhutan, Maldives and Sri Lanka. We will welcome students from the entire South East Asia region to undertake this very dynamic program that gives a complete insight on Asian as well as European luxury markets.”
The International University of Monaco is pleased to work closely with LCBS in developing this sector of business education. The schedule foresees a further similar program in luxury business management for a 2016 launch. For more details click here
By: Team FMW