Luxury Industry: Give Your Career a Flying Start in a Recession-Proof Sector

The luxury industry is not something that gets affected by the everyday humdrum of commercial squabbles. Despite the global economic slowdown, luxury is one industry which has been recession-proof. In India, it is no different where it has grown constantly at the rate of 20% per annum for the past several years and is today estimated to be at almost US $12 billion. Projections estimate the size to soon touch $15 billion. Unlike popular perception, luxury today is not just limited to fashion, but has penetrated almost every sphere of lifestyle. Be it fine dining, automobiles, aviation, branded residences, travel, tourism, health and fitness, watches, jewellery, spas or even medical, banking, concierge services, luxury is visible everywhere.

Luxury needs a typical employee who has a fine eye for detail and is essentially service-oriented. To be able to handle the needs of the affluent consumer, a special training and education is required.

AT Kearney & KPMG research figures show that the luxury industry faces an acute shortage of skilled talent. It is also estimated that the industry would need some 1.7 million people by 2022.

To meet this rising demand Luxury Connect Business School (LCBS), India’s first and only luxury B-School has joined hands with International University of Monaco (IUM), the world leader in luxury education, to launch Diploma Programmes in Luxury Management. The two programmes: post-graduate diploma in Luxury Management and Executive Diploma in Luxury Management are designed in a manner that the student spends 30% of his academic time at the IUM campus. Here, the student gets an opportunity to be at the hub of luxury.

Additionally, LCBS is the only institute to provide specialized skills in 'Customer Service & Experience Culture' via a specially designed diploma programme.

The USP of LCBS revolves around ‘by the Industry - for the industry – delivered by the industry’. All programmes will be delivered by industry experts and stalwarts wherein the students have an opportunity to learn from real time experience. If that isn’t enough to convince a student, the programs cost less than half of what a comparative program abroad would cost!

Founded by Abhay Gupta, an industry veteran, all the programmes at LCBS are officially endorsed by fondazionealtagamma, the head of all luxury brands.

Come be a part of this growing, exciting and glamorous space.