University of South Florida to Offer MBA in Sport and Entertainment Management

From Armani to Versace and Ralph Lauren, luxury brands accounted for over $300 billion in 2021 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.

Since the global financial crisis and diversification of MBA graduates’ career choices (as banks, the traditional preserve, cut back hiring), specialist MBA degrees have blossomed. Across Europe and to a latter extent the US, one area seeing a boom in demand is food and drink management. See a list of the best MBA programs in Wine Business Management here.

Pursuing an MBA is a significant investment in one’s career and personal growth. Therefore, prospective students often seek out MBA programs that not only provide a high-quality education, but also offer a compelling return on investment (ROI).

Arts-oriented organizations need a special approach to business. These MBA programs will lead the way.