Admin | September 14, 2022
- The fashion industry has made a huge contribution to the economy in terms of both revenue and employment generation.
- An MBA in fashion management takes you a step closer to achieving your goals in the fashion industry.
- By pursuing an MBA in fashion management, you get familiar with various terminologies and functionality of the fashion sector.
The value of the fashion industry in its entirety allows it to recruit a large number of people. The high rate of job opportunities is one of the main reasons why fashion management is gaining an ever-increasing popularity.
When pursuing courses in fashion management, numerous options are available to students, an MBA in fashion management being the most popular one. Pursuing this course adds a lot of value to your CV and helps you get your dream job in the industry.
MBA fashion management details
The managerial aspect of the fashion industry is covered in the two-year postgraduate MBA in Fashion Management program. It focuses on managing fashion marketing, merchandising, and retailing as well as the creation of a brand’s image and reputation among the public at large. This course can make a huge difference in how your fashion career will shape up.
|Name of the course||MBA in fashion management|
|Course duration||2 years|
|Level||Postgraduate degree (Master’s)|
|Eligibility criteria||Graduation with 50% marks|
|Course fees||INR 1.5 Lakhs to INR 8 Lakhs|
|Tests accepted||MAT, CAT, GMAT, CMAT, XAT, NIFT entrance exam, College entrance exams|
|Required skills||Creative designing, communication skills, stress management, confidence, team management|
|Expected starting salary||INR 90,000 monthly|
|Top employers||Adidas, Godrej, Reliance retail, Tanishq, Lifestyle etc.|
Why choose an MBA in Fashion Management?
Wondering why you should do an MBA in fashion management? Here are some of its benefits –
- An MBA Fashion Management degree can help a person become more employable, leading to improved work possibilities in the fashion business.
- The MBA Fashion Management curriculum emphasizes giving expertise and case studies that assist in managing a firm or business. Accounting, financial management, managerial skills, and marketing expertise specific to the fashion business are covered.
- This course boosts your career and aids career development by providing better compensation packages and strong networks.
- MBA in fashion management supports students studying their management program by allowing them to experience and resolve current real-world business situations.
Who should choose an MBA in Fashion Management?
Are you confused about whether you should pursue an MBA in fashion management or not? Well, you surely should if:
- Your interest lies in the fashion industry
- You want to understand the fashion industry in detail
- You want to establish a successful career in fashion management
- You are good at designing, management, and teamwork
The MBA Fashion Management program is admitted by national, state, or university entrance tests such as the CAT, XAT, SNAP, and NMAT. Following the entrance exam, a group discussion and individual interview determine who gets admitted.
The institutes utilize GD/PI to look at each applicant’s qualities that cannot be determined by their academic standing or performance on the entrance exam.
Eligibility criteria for MBA fashion management
Before you decide to pursue an MBA in fashion management, make sure that you are aware of the MBA fashion management eligibility criteria:
- Candidates must have completed their graduation from a recognised university or institute
- Candidates must have scored the minimum required marks of 50-60 per cent or a CGPA equivalent to it in their UG exams
- Students under reservation categories might get some relaxation in the minimum mark requirements
How to apply?
All you have to do is follow the given simple steps to apply for an MBA in fashion management:
- Make sure you are eligible per the requirements for admission to the course
- Score minimum required marks in any of the accepted exams
- Go to the university’s official website or the institute you want to apply to
- Fill out the application form, attach the documents required, and pay application fees (if any)
- Once you review your application form, submit it
Always remember that though it is not that difficult to get admission to an MBA in fashion management, not everyone gets it. The institute you apply to reviews all the applications and then selects the ones they find eligible candidates as per their selection parameters.
The selectors might notice whether you have required marks in entrance tests and at the graduation level or not. They see if the documents submitted by you are right or not and whether you have the skills required for the course. The candidates who pass through all the parameters get selected, and others don’t.
Fee structure for MBA in Fashion Management
If you plan to pursue an MBA in fashion management in India, you should know that its course fees might go anywhere between INR 1.5 lakhs and 8 lakhs. Though it would mainly vary from university to university, generally, you need to pay the admission fees yearly.
So, this means that you will need to pay the total fees of the course in two installments: in the first year and in the second year. At Online Manipal, you need to pay INR 65,000 each semester, which is a total of INR 2,60,000 for two years.
What will you learn in MBA fashion management?
When you do an MBA in fashion management, you can study the fashion industry and its functionality in detail. The course helps you get familiar with the fashion sector to hone your skills and get your dream job in the industry. The main subjects that this course covers include:
- Fashion Forecasting and Product Development
- Principles of Fashion Management and Fashion Marketing
- Entrepreneurship and Project management
- Fabric Knowledge and Global Sourcing
- Customer Relationship Management
- Global Fashion Industry
- Visual Merchandising
MBA fashion management – semester-wise subjects
The list of subjects and topics you will cover during your two years MBA in fashion management course is given below so that you can have a basic knowledge of the MBA in fashion management syllabus.
|Semester 1||Semester 2|
|Principles of fashion marketing|
Economic analysis and statistics
Merchandising and management
Basic knowledge about product and manufacturing (designs, patterns etc.)
Minor research project
|Retail management and advanced export merchandising |
Marketing research and consumer behaviour
Global Textiles & Apparel Product Market Characteristics
Quantitative Techniques and Operations Research
|Semester 3||Semester 4|
Financial Management and International Finance
Marketing Strategies and Brand Management
Fashion Forecasting and Product Development
Supply Chain Management and E-Business
Intellectual Property Rights
Customer Relationship Management
Fashion management skills you can learn from an MBA
Pursuing an MBA in fashion management will allow you to hone your existing skills and earn new ones. Here are a few of the most important skills that you must work on acquiring –
- Communication skills
- Leadership and team management
- Intrapersonal skills
- Management skills
- Designing abilities
- Graphic designing skills
- Soft skills
What are the different types of MBAs in Fashion Management?
When it comes to MBA in fashion management, students get various options to choose from as per their convenience and preferences.
- Regular MBA in Fashion Management
This is the normal MBA in fashion management, where you need to go to college and attend classes regularly. When you choose this, you can explore college and campus life and experience new things.
- Correspondence MBA in Fashion Management
This is another type of MBA in fashion management where you need to attend classes physically but only on certain days of the week. You don’t have to go to college every day under this type of system, so it is a great option for students who want to work on their studies.
- Online MBA in Fashion Management
This is the type of MBA in fashion management under which you don’t have to attend classes physically. As the name suggests, you attend online classes and study at home. This is a good option for those who regularly work and don’t find time to go to college.
What can I do after my MBA in Fashion Management?
Candidates who pursue an MBA degree in fashion management have a wide range of employment options in both the public and commercial sectors. The course provides the correct purpose for applicants who have an extensive understanding of the fashion industry and corporations. It encompasses much more than just the profession of a designer. Following is a list of the MBA in fashion management scope for students:
- Export Houses
- Leather Companies
- Textile Mills
- Garment Store Chains
- Jewelry Houses
- Garment Manufacturing Units
- Luxury Stores
- Fashion Houses
Job roles for MBA graduates in fashion management
Some job roles you can get after completing your MBA in fashion management are listed below, along with the average salaries.
|Position||Job description||Average expected salary|
|Brand Manager||They oversee and manage every aspect of the brand as part of their employment, and they also support advertising and marketing campaigns.||INR 10.36 LPA|
|Export Sales Manager||They are in charge of creating and boosting the sales of various goods and merchandise in other towns, states, or nations.||INR 6.8 LPA|
|Marketing Manager||They are in charge of overseeing and assisting in the development of numerous merchandising or advertising sales operations that support the selling of the goods.||INR 7.12 LPA|
|Visual Merchandiser||They are in charge of creating the visual concept of a retail establishment and the goods being offered for sale.||INR 4.15 LPA|
|Business Development Executive||They are in charge of bringing in and carrying out business for the organization where they work. T||INR 3.2 LPA|
|Design Manager||They are in charge of the entire management and performance of a fashion agency or company. They oversee a design or visuals team, work on projects with coworkers, assign assignments, and evaluate completed work.||INR 11.43 LPA|
|Apparel Merchandiser||To support the organization’s profitability, they collaborate with providers, customers, other divisions, and the logistics of the job holders outside the business.||INR 5.21 LPA|
Higher education options
You have two options for a career after MBA in fashion management: you can choose a job or pursue further education, such as a PhD program. Any preferred area of speciality is open to PhD after an MBA, and the basic need for admission is a two-year postgraduate degree with passing scores in the UGC-NET or GATE exams.
PhD candidates require research proposals, letters of recommendation, and job experience since they improve their chances of admission. A PhD might take up to seven years to complete abroad, compared to three to five years in India.
Can I pursue an MBA in fashion management online?
When it comes to an MBA in fashion management, many candidates wonder whether they can pursue an online course or not. Well, the answer to your question is yes, as many platforms, including Online Manipal, offer online courses to students. This way, you can pursue your dreams and be convenient at home at the same time.
Which is the best place to learn MBA in Fashion Management?
Once you decide to pursue an online MBA in fashion management, it is crucial to select a reputed institution among various MBA fashion management colleges in India.
The Manipal Academy of Higher Education (MAHE), along with Online Manipal, offers various online courses for students. We have been providing excellent quality education for a long time, and we follow the curriculum according to the right educational standards.
Frequently asked questions (FAQs)
It is not necessary for a candidate to have prior work experience. However, some universities will only admit applicants with exposure to or expertise in the relevant sector.
You can expect to earn between upto INR 20 lacs PA as an MBA fashion management salary.
Yes, a candidate who has earned a bachelor’s degree in any field is eligible to pursue an MBA in fashion management.
You can go into apparel production manager, fabric quality control manager, fashion coordinator, fashion show organizer etc., after obtaining an MBA in fashion management.
An MBA in fashion management will help you get many soft skills and interpersonal abilities. You will develop their self-assurance and communication abilities. Moreover, you will also get leadership and time-management skills.
Fashion industry is thriving and so are the career opportunities. If you are looking to build a successful career with industry-relevant skills and knowledge at your disposal, an MBA in fashion management will cater to all of your requirements, and much more. The course is created by the prestigious Manipal Academy of Higher Education (MAHE) and is easily accessible through Online Manipal. It will provide you with the right foundation and work as a stepping stone for your bright future. Enroll today!
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