Sotheby’s Institute of Art & Claremont University to Offer Master’s in Art Business
NEW YORK – Sotheby’s Institute of Art and Claremont Graduate University announced Tuesday, Jan. 22, a groundbreaking partnership establishing a new Master’s degree in Art Business.
Building on the programs pioneered by Sotheby’s Institute of Art more than 40 years ago and integrating coursework from Claremont’s Peter F. Drucker and Masatoshi Ito Graduate School of Management, this partnership effectively establishes the first MA of its kind to be granted in conjunction with a leading MBA program in the United States. It reflects Sotheby’s Institute’s commitment to harnessing the energy, creativity and expertise of professionals in the world’s major centers of art and culture, establishing Los Angeles as its third global campus in addition to London and New York.
“As the artistic capital of the Western United States and the unrivaled hub of the international entertainment industry, Los Angeles provides a natural setting for a rigorous graduate program focused on the intersection of art and commerce,” said David C. Levy, president of Sotheby’s Institute of Art. “This partnership with one of America’s most selective graduate institutions will make possible a unique educational opportunity for students pursuing careers in the international art world. The opportunity it affords aspiring art professionals to explore the evolution of the art markets, and to study their foundations, principles and best practices under the direction of a distinguished faculty of practitioners and scholars, is unprecedented and much in in demand.”
“We are very fortunate to partner with the Sotheby’s Institute of Art,” said Bernie Jaworski, interim dean of the Drucker School. “Sotheby’s Institute of Art is the world’s leading provider of art business education. By blending the deep substantive art experience and perspective of the institute with our world-class management faculty, we are designing a truly innovative program with hands-on, practical application. At the same time, this program supports the larger Drucker School strategy of focusing on creative industries. Creative industries, such as the arts, require unique managerial and leadership insight to blend creative talent and rigorous business fundamentals.”
This three-semester MA program examines the history and practices of western art and its markets, with additional exploration of the dynamically emerging art markets of Asia and Latin America. Core classes are taught by distinguished art world professionals, experts and scholars from Sotheby’s Institute of Art and the celebrated business faculty of Claremont’s Drucker School.
The curriculum is built on a two-semester framework of business, law, marketing and finance, supplemented by specialized modules in such key subjects as gallery and auction house operations, art collection management and art evaluation. An international travel component includes seminars and symposia at major art world events, such as Art Basel Miami Beach and the Venice Biennale. The third semester is based on electives which students may select from the upper-level art history courses of The Claremont Colleges, the Drucker School’s MBA offerings, Claremont’s MFA in studio art or its graduate programs in Arts Management or Museum Studies. Alternatively, students may elect to spend their third semester at Sotheby’s Institute’s London or New York campus.
Sotheby’s Institute of Art and Claremont Graduate University are now accepting MA applications for the Art Business program in Los Angeles, which begins in fall 2013. For more information about the program, admission requirements and deadlines, please visit the institutions’ websites.
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