MBA in Global Luxury Management is a specialised program on managing luxury brands and products. 

It is designed for individuals who want to develop a luxury career, including high-end fashion, luxury goods, hospitality, and premium services. 

Top Institutions for an MBA in Global Luxury Management in India

In India, there are a few institutions that offer MBA programs in Global Luxury Management, and some of the top ones are:

• SP Jain School of Global Management: SP Jain offers a 12-month full-time MBA program in Global Luxury Management in collaboration with MIP Politecnico di Milano Graduate School of Business in Italy. The program covers luxury brand management, luxury retail management, luxury service management, luxury hospitality management, and luxury consumer behaviour. The program also includes an international study trip to Europe.
• Indian School of Business (ISB): ISB offers a one-year post-graduate program in Management for Senior Executives specialising in Luxury Management. The program covers luxury branding, marketing, sales, and operations and also includes a global immersion program to luxury destinations in Europe.
• Symbiosis Institute of Business Management (SIBM): SIBM offers a two-year MBA program in Innovation and Entrepreneurship, specialising in Luxury and Fashion Management. The program covers luxury brand management, luxury marketing, retail management, and luxury consumer behaviour. The program also includes an industry immersion program in luxury brands and retail outlets.
• Pearl Academy: Pearl Academy offers a two-year MBA program in Luxury Brands focusing on fashion and lifestyle. The program covers luxury brand management, fashion management, retail management, luxury marketing, and consumer behaviour. The program also includes industry visits and internships with luxury brands.
• International Institute of Fashion Design (INIFD): INIFD offers a two-year MBA program in Luxury Brand Management focusing on fashion and lifestyle. The program covers luxury brand management, fashion management, retail management, luxury marketing, and consumer behaviour. The program also includes industry visits and internships with luxury brands.

The MBA program in Global Luxury Management in India prepares students for careers in luxury brand management, retail management, service management, luxury hospitality management, luxury marketing, and luxury consumer behaviour. The program is designed to give students a comprehensive understanding of the luxury industry and its business practices. 

Graduates can work with luxury brands, retail outlets, hotels, and service providers. They can also start their luxury businesses or work as luxury consultants.

Skill Set required for the course

To succeed in an MBA program in Global Luxury Management in India, students should possess the following skillset:

• Business acumen: Students should have a good understanding of business concepts and principles, such as finance, marketing, operations, and strategy. They should be able to apply these concepts to the luxury industry.
• Communication skills: Students should be able to communicate verbally and in writing effectively. They should be able to present their ideas clearly and persuasively.
• Analytical skills: Students should be able to analyse data and make sound business decisions based on their analysis. They should be able to use tools such as spreadsheets and statistical software.
• Creativity: Students should be able to think creatively and develop innovative ideas for luxury brands and products.
• Cultural awareness: Students should know the cultural nuances of different regions and countries, as the luxury industry often operates globally.
• Leadership skills: Students should be able to lead and manage teams and inspire others to achieve their goals.
• Attention to detail: Students should be able to pay close attention to details, such as product design, packaging, and customer service.
• Customer focus: Students should have a strong customer focus and be able to understand the needs and preferences of luxury consumers.

An MBA program in Global Luxury Management in India requires a combination of business skills, creativity, cultural awareness, and customer focus. 

Students who possess these skills and are passionate about the luxury industry will likely excel in the program and succeed in their careers.

Eligibility Criteria

The eligibility criteria for an MBA in Global Luxury Management in India can vary depending on the institution offering the program. However, here are some general requirements:

• Educational Qualification: Candidates should have a Bachelor's degree in any discipline from a recognised university or institute. Some institutions may require a minimum percentage or CGPA in the undergraduate program.
• Work Experience: Some institutions may require candidates to have relevant work experience in the luxury industry, while others may not. Typically, a minimum of 2-3 years of work experience is preferred.
• Entrance Exam: Many institutions require candidates to take a national-level entrance exam, such as CAT, MAT, XAT, GMAT, or GRE. The scores obtained in these exams are used to shortlist candidates for the MBA program.
• English Language Proficiency: Institutions may also require candidates to demonstrate proficiency in English through standardised tests such as TOEFL or IELTS or through other means such as personal interviews.
• Other requirements: Some institutions may also require candidates to submit letters of recommendation, personal essays, or other documentation as part of the application process.

It's important to note that the eligibility criteria can vary from one institution to another, so candidates should carefully check the requirements of the institutions they are interested in before applying.

Career opportunities after MBA in Global Luxury Management

After completing an MBA in Global Luxury Management in India, graduates can pursue various career paths in the luxury industry. Here are some career opportunities:

• Luxury Brand Management: Graduates can work as brand managers for luxury brands and manage the brand's overall marketing, branding, and customer experience.
• Luxury Retail Management: Graduates can work as retail managers for luxury brands and manage the operations, sales, and customer experience for luxury retail outlets.
• Luxury Service Management: Graduates can work as service managers for luxury service providers such as hotels, spas, and airlines. They can manage the overall customer experience and ensure that the services meet the highest standards of luxury.
• Luxury Consulting: Graduates can work as luxury consultants for consulting firms specialising in the luxury industry. They can advise clients on branding, marketing, and customer experience strategies.
• Luxury Entrepreneurship: Graduates can start luxury businesses, such as luxury fashion brands, retail outlets, or luxury service providers.
• Luxury Supply Chain Management: Graduates can work in supply chain management for luxury brands and manage the procurement, logistics, and distribution of luxury products.
• Luxury Marketing: Graduates can work in luxury marketing and develop marketing strategies for luxury brands to target high-end consumers.
• Luxury E-commerce: Graduates can work in luxury e-commerce and manage online sales and customer experience for luxury brands.

An MBA in Global Luxury Management in India provides graduates many career opportunities in the luxury industry. Graduates can work with luxury brands, retail outlets, hotels, and service providers or start luxury businesses.

Salary and Benefits

The salary and benefits for graduates of an MBA in Global Luxury Management in India can vary depending on factors such as the industry, job profile, company, location, and the candidate's work experience. Here are some general insights on the salary and benefits of this degree:

• Salary: Graduates can expect to earn a starting salary of around INR 6-10 lakhs per annum. With experience and seniority, the compensation can increase significantly to INR 20-30 lakhs per annum or more.
• Benefits: Many luxury brands and companies offer various benefits and perks to their employees, such as health insurance, travel allowances, performance-based bonuses, retirement plans, and more.
• Industry-specific benefits: The luxury industry is known for providing additional benefits such as employee discounts, opportunities for international travel, and the chance to work with some of the world's most exclusive and luxurious brands.
• Career growth: With an MBA in Global Luxury Management, graduates can advance their careers quickly and have access to senior management positions in the luxury industry. They can also build their networks and establish themselves as experts in the field.
• Global opportunities: The luxury industry operates worldwide, and graduates with an MBA in Global Luxury Management can work in various locations worldwide, providing the opportunity to travel and gain exposure to different cultures and business environments.

Overall, an MBA in Global Luxury Management can lead to a fulfilling and lucrative career in the luxury industry, with the potential for significant salary growth, benefits, and opportunities for career advancement.