Fashion Economics

Reinventing Fashion Business
In partnership with 24ORE Business School and Palamon Capital Partners

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The Master in Fashion Economics is a new paradigm for the business sciences. Whether in administration or finance, the post-capitalist era is dominated by algorithms, the struggle no longer defined by wealth at all costs but rather the quest for well-being, inclusion and respect for diversity. Today’s fashion is dominated by global conglomerates, yet we must recognize that this remains an essential sector for human expression. This course thus links philosophy to merger and acquisition strategy, underlying and examining how aesthetics is always an expression of ethics.

Fashion Economics is structured by the in-depth study of two main areas: Fashion and Economics. The first hones in on culture and is dedicated to the specifics of the fashion sector, placing humans and society at the center. The second module deals with the technical dimension of business and finance at the corporate level. The course includes two projects, a mid-term consisting of the simulation of a merger & acquisition action, and a final involving the start-up of a new company (or company project), both ethically and environmentally sustainable.

This course is led by teachers from the industry that will act as one-on-one consultants for the final projects. In addition to guest lecturers with international figures, the course will include field trips to trade fairs, companies and corporate museums, as well as internship opportunities.

Lessons take place from October to June and amount to a total of 700 contact hours. Thereafter, there is the possibility of completing the course with an internship in a fashion company, leading to the overall obtainment of 80 credits. English language proficiency and attendance are required. Candidates will be selected after a enrollment questionnaire and an interview with the course’s leading teacher.

Upon completion of the Master students will be automatically given the possibility to partake in the Polimoda Talent program.

Study Plan

The Master in Fashion Economics will take form in the following thematic modules:

Fashion
Contemporary Fashion, Fashion Anthropology, Global Economy, Fashion Business Models, Fashion Marketing & Merchandising, Corporate Image Building, Sustainable Fashion, Fashion Entrepreneurship, Company Culture and Social Responsibility, Infographics.

Economics
Statistics, Business Management, Accounting Management, Financial Management, Financial Statement Analysis, Cost Management, Corporate Evaluation, Extraordinary Financial Operations, Fintech, Stock Exchange, Fashion Law, Human Resources Management.

The course will offer also a range of parallel activities such as yoga, Eastern philosophy, meditation, presentation techniques and mental-health related classes.

Learning outcomes

Upon successful completion of the master course, students will be able to:

  • Demonstrate extensive knowledge of financial theories within the primary areas of finance, including problem solving skills within financial settings.
  • Identify, evaluate and select alternative courses of action for addressing ethical dilemmas.
  • Manage relationships between fashion organizations and their stakeholders while considering ethical practices and social responsibility.
  • Employ optimal practices in risk management to protect the financial position, investments, legal position and ethical reputation of fashion and luxury organizations.
  • Embody a new financial and ethical professional profile demonstrating that a New Fashion Era is possible.

Career Opportunities

Combined with passion and the drive to succeed, Fashion Economics paves the way to a career as a CFO, Financial Executive, Chief Responsibility Officer, Corporate Social Responsibility Executive, Human Resource Manager fostering the CSR-HR connection, or an entrepreneur in a wide array of sectors, including Fashion, Leather Goods, Fine Jewelry, Fair Trade Fashion, Consulting Agencies and New Business.