Art and Design Diploma in Global Art Business
Today’s global art market is a rapidly changing landscape that has a substantial need for professionals with advanced education, practical skills, and industry-specific knowledge to navigate its complexities effectively. The Diploma in Global Art Business equips students with practical skills, fundamental building blocks, and best practices for working as an art business professional in the global art economy. As a student in this diploma program, you will gain the specialized knowledge needed to operate in an art gallery or auction house or to serve as an adviser to high-net-worth collectors. Leading practitioners in their fields bring their invaluable experience to the classroom to educate you about the latest trends in and realities of today’s art market. You will acquire training in interpreting and predicting art markets, navigating international art regulations, understanding art legalities and global art transactions, assessing the value and quality of art, formulating collection strategies, and communicating and marketing the value of art.
As you work through each of the four courses, you will produce five pages as final course assignments, which then will be put together to create an “art market specialty white paper.” This white paper is a case study based on building and managing a collection, and it must include four components: 1) the vision of your collection and catalog, 2) an acquisition plan and market analysis, 3) acquisition prices and comparative analysis, and 4) an acquisition budget and collection maintenance budget. The white paper will be approximately 20 pages long and will exhibit your ability to find and analyze published qualitative information and quantitative data, as well as to conduct original research. The paper will represent a comprehensive project that establishes your understanding and knowledge of the program’s learning objectives, in addition to demonstrating an ability to think independently and critically in a field that is characterized by inaccessible data, inconsistent information, and opaqueness. This paper can serve as a writing sample that demonstrates your writing and critical thinking skills when applying for jobs.
- The ability to analyze and navigate the complexities of international art markets
- An understanding of the various art specialty markets, including their different historical principles, fundamentals, and performances
- Familiarity with the qualitative and quantitative principles of art valuation
- Knowledge of the complex laws, regulations, taxes, and rules of international art transactions
- The professional ability, approaches, and hard skills to build and manage collections of lasting value for high-net-worth clients
- Soft skills associated with professional decorum and the ethics of doing business in an unregulated marketplace
- Art Fair Professional
- Auction House Specialist
- Auction House Business Development Manager
- Gallery Director
- Online Art Business Professional (auctions, galleries)
- Art Marketing and Development Professional
- Gallery Salesperson
- Art Adviser
- Museum Business Officer
- CFO of a gallery
- Collection Manager
- Private Curator
This diploma is awarded to students who successfully complete all four required courses within two years.
For further advisement, please contact the Center for Applied Liberal Arts at firstname.lastname@example.org.
Must be completed within
You'll Walk Away With
- An understanding of macro and micro art market fundamentals, principles, and mechanics
- Knowledge of the mechanisms of global art transactions
- An understanding of the financial concerns of art as an alternative asset
- Familiarity with different art market specialties and their particular considerations and characteristics
- The ability to build and manage collections utilizing the latest management protocols, best practices, technology, and due diligence procedures