Best schools to target for luxury. Does the career make sense?


I have been working at Louis Vuitton for a year and previously, I have worked with a few luxury brands. My undergrad is from Bocconi and I started off my career in analytics but switched to luxury in a different Asian country as it was my passion. I know that there is no dearth of people on the supply side, as Duncan mentioned in a different thread and my boss told me that if I plan on continuing in the industry, I should learn French and pursue a master in business or marketing analytics in France. I have also talked to a lot of people in the field but all of them were aiming to become Brand Managers. While I do think that I will enjoy the job most of the brand managers I know have sales experience, which is a job function I don't want to get into.

My questions are as follows-

1) I have done some consulting projects for an insurance firm and an IT firm on the side and I really enjoy consulting as well. Since a career in consulting is more lucrative than a career in luxury, what schools can I target which would allow me to break into consulting if I decide to switch my Industry? I had taken the career leaders test as well and consulting and Product development were the two things at the top.

2) At LV I have worked in Business intelligence and have now been transferred to Marketing. I didn't really have a marketing role in mind as my undergrad is in econ but I do enjoy it now. However I do want to gain quantitative skills related to business analytics which would help me out in marketing. Would a generalised MBA be better for me or an MSc in marketing analytics or business analytics?

3) I have seen that programs like the msc in marketing at HEC and EDHEC place extremely well at loreal, LVMH, Richemont, Kering etc which are the firms that I want to Target. Would such a degree actually be better for me than an MBA considering that the luxury industry is not really known to hire MBAs.

4) One of my major aims is to switch Geographies and it's easiest to do so with countries like Canada or Australia. Do you think there are any options in these countries for a person with my profile?


I do speak Italian and am learning French. I plan on applying to these programs next year so that I am better at the language and have aan extra year of valuable work exI4,

I have been working at Louis Vuitton for a year and previously, I have worked with a few luxury brands. My undergrad is from Bocconi and I started off my career in analytics but switched to luxury in a different Asian country as it was my passion. I know that there is no dearth of people on the supply side, as Duncan mentioned in a different thread and my boss told me that if I plan on continuing in the industry, I should learn French and pursue a master in business or marketing analytics in France. I have also talked to a lot of people in the field but all of them were aiming to become Brand Managers. While I do think that I will enjoy the job most of the brand managers I know have sales experience, which is a job function I don't want to get into.

My questions are as follows-

1) I have done some consulting projects for an insurance firm and an IT firm on the side and I really enjoy consulting as well. Since a career in consulting is more lucrative than a career in luxury, what schools can I target which would allow me to break into consulting if I decide to switch my Industry? I had taken the career leaders test as well and consulting and Product development were the two things at the top.

2) At LV I have worked in Business intelligence and have now been transferred to Marketing. I didn't really have a marketing role in mind as my undergrad is in econ but I do enjoy it now. However I do want to gain quantitative skills related to business analytics which would help me out in marketing. Would a generalised MBA be better for me or an MSc in marketing analytics or business analytics?

3) I have seen that programs like the msc in marketing at HEC and EDHEC place extremely well at loreal, LVMH, Richemont, Kering etc which are the firms that I want to Target. Would such a degree actually be better for me than an MBA considering that the luxury industry is not really known to hire MBAs.

4) One of my major aims is to switch Geographies and it's easiest to do so with countries like Canada or Australia. Do you think there are any options in these countries for a person with my profile?


I do speak Italian and am learning French. I plan on applying to these programs next year so that I am better at the language and have aan extra year of valuable work exI4,
quote
StuartHE

1. See https://find-mba.com/lists
2. Pick which-ever course places people into the roles you want to have, a functional role or a general management role. 
3. Focus on the roles they place into, not just the companies. If those are the roles you want, then its a good choice.
4. Masters study is highly effective as a relocation tactic. Study where you want to work. 

1. See https://find-mba.com/lists<br>2. Pick which-ever course places people into the roles you want to have, a functional role or a general management role.&nbsp;<br>3. Focus on the roles they place into, not just the companies. If those are the roles you want, then its a good choice.<br>4. Masters study is highly effective as a relocation tactic. Study where you want to work.&nbsp;
quote
mba hipste...

1) I have done some consulting projects for an insurance firm and an IT firm on the side and I really enjoy consulting as well. Since a career in consulting is more lucrative than a career in luxury, what schools can I target which would allow me to break into consulting if I decide to switch my Industry?

Stuart's advice is spot-on. However, for a consulting path, you want to look closely at the actual *firms* you want to work in. If you are aiming for McKinsey, Bain, or BCC, there are only a couple of schools across Europe that you want to focus on. Perhaps other, more specialized or smaller firms would have different recruiting paths, so research the kinds of people who are working in them and where they did their MBAs. 

[quote]1) I have done some consulting projects for an insurance firm and an IT firm on the side and I really enjoy consulting as well. Since a career in consulting is more lucrative than a career in luxury, what schools can I target which would allow me to break into consulting if I decide to switch my Industry?[/quote]<br>Stuart's advice is spot-on. However, for a consulting path, you want to look closely at the actual *firms* you want to work in. If you are aiming for McKinsey, Bain, or BCC, there are only a couple of schools across Europe that you want to focus on. Perhaps other, more specialized or smaller firms would have different recruiting paths, so research the kinds of people who are working in them and where they did their MBAs.&nbsp;
quote

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Indulge Yourself: MBA Programs in Luxury Management

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How a specialized program in luxury can help you tap into a growing market

Top Business Schools for Luxury Brand Management

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From Armani to Versace and Ralph Lauren, luxury brands accounted for over $300 billion in 2019 alone, by some estimates. And with surging demand from the emerging middle classes in countries like India and China, the industry is poised for more growth.

An MBA in Luxury Brand Management can lead to a variety of jobs in this sector, including roles like marketing managers, business development consultants, and brand managers. Some schools offer specialized MBA programs in Luxury, as well as related fields like Fashion or Retail.

Many students interested in breaking into the luxury sector gravitate to hubs like Paris or Milan, where many of the top firms are based; others go to New York City or London to be in the heart of the action. Being near to luxury firms can help with networking opportunities; some students also opt to pursue MBA internships in luxury firms, for hands-on experience in the sector.

See a list of the Top 10 MBAs for Luxury below.

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