July 5, 2020: One of world’s top-ranked and renowned Global MBA institute, SP Jain School of Global Management, Lower Parel, hosted a webinar inviting, prominent industry leaders, including cricketer Harbhajan Singh, celebrity fashion photographer Dabboo Ratnani and celebrity makeup artist Mickey Contractor to discuss possibilities to overcome challenges posed to various industries due to Coronavirus pandemic. The session witnessed active participation of over 275 industry professionals and students.
The talks with all participants were positive and concluded that businesses would strike back and come back to usual working capacities given the difficulties when transitioning to the new trend.
Smita Jain, Director, Master in Global Luxury Goods & Services Management at S P Jain School of Global Management, said, “The panel was an attempt to understand and discuss the realities and nuances of the effect of Covid-19 and find effective ways to overcome the impending crisis together. Our panel members shared insightful observations with regards to their respective industries, and the feedback we received was extremely positive. The luxury sector is definitely looking at new strategies and to becoming more adaptive, eventually, all brands will be making certain adjustments depending on product and geography to have a clear road map for the future."
Institute Organises Webinar on Assessment of COVID-19 & Its Impact on Global Luxury Businesses
April 20, 2020: SP Jain School of Global Management hosted a Power Panel Webinar inviting the prominent luxury leaders across the globe. The webinar aimed was at discussing the impact of the current global crisis on luxury business worldwide. In context to the discussion, the panel stressed the key developments in the global luxury industry that could set the stage for a potential new age.
India to occupy a coveted top spot in the global automobile production space
China accounts for 29 per cent of world’s total automobile manufacturing. Considering the current situation, the automobile sector is likely to shift some part of the manufacturing business to India, which only accounts for 2.9 per cent. The move will possibly put India on the global automobile map because it possesses a potential effect on long-term employment and the economy.
Domestic leisure travel to be the saving grace for the hospitality and aviation industries
With so many restrictions placed by countries on international traveling, domestic corporate travel can also take a hit depending on the country's state of business. However, domestic entertainment is expected to rebound rapidly and will help the sector rebound from the pandemic.
In-store luxury experiences will continue to dominate in the post-COVID world
While most sectors are shifting to digital means of shopping, the need of luxury brands can not be fulfilled online. The industry experts believe that digitalisation of luxury brands is just a temporary solution. While brands understand the need to be omnipresent, most retailers claim that experience in shops tends to dominate the pandemic of luxury shopping.
Conscientious, responsible luxury is the future
The industry is now experiencing a change in customer behaviour that aims to encourage a more healthy way of life by gradually gravitating toward conscious and responsible luxury. This has driven businesses and manufacturers to try smoother, environmental and creativity-friendly production lines. Luxury brands concentrate on catering for healthy consumption and easy living while preserving their exclusivity and premium price.
SP Jain School of Global Management Conducts Session On Connect Between Neuroscience and Leadership
November 15, 2019: Director Neuroscience Lab & Associate Professor of Marketing SP Jain School of Global Management, Lower Parel Dr Nicolas Hamelin delivered a session on potential for the quantification of leadership skills through brain research and psyche. The event witnessed active participation of students and leaders from over 60 corporates across the industry.
Dr Hamelin talked extensively about how neuroscience can greatly enhance one's understanding of leadership and growth. He also talked about the neuroscience as the new frontier in marketing research and its effect on the hiring, learning and assessment of leading organizations. This workshop helped students and business leaders to explore the connections between neuroscience and advertising and the workings of neuro-marketing. Dr Hamelin addressed the study and use of tacit or subconscious product mechanisms during the workshop. During this session. He also highlighted the key characteristics of the SP Jain Neuroscience Laboratory that provide an active and comprehensive understanding of consumer behaviour based on advanced neuroscience concepts and tools.
An interactive demonstration of the biometric platform of Imotions followed the talk. This is used as a tool for measuring and predicting visionary leadership and entrepreneurial skills and has been well received by both students and corporate participants.
Faculty of University of Massachusetts Boston Conducts Finance Workshop at SP Jain School of Global Management
November 14, 2019: Lawrence Pohlman, Faculty of Finance and Engineering with the University of Massachusetts Boston recently hosted a master class on Regime Switching Methods in Finance at SP Jain School of Global Management.
Most investment analyst use this method for active investment management. Designed by engineers, it is primarily used as a model for business cycles using macroeconomists. This operates by detecting signs signaling significant changes in the market and by switching between the regimes of the high return and low returns which helps to build an efficient portfolio. The Master class was useful for all Data Science students in an environment that is more and more data driven. The programme itself is designed to improve individual skills, so that data-oriented research, visual and advanced analytics can be carried out using the acquisition and management of all types of data.
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Comments
Hi Kirat, our MGLuxM program is a 12-month postgraduate program that will help you transform into an expert manager in the global luxury industry. You can take a look at the complete information about our program here: https://www.spjain.org/programs/postgraduate/mgluxm
S
Do you consider MAT score? I have scored 666.50. Am I eligible to get admission?
Hi,
Just go through this link and fill out the required details
College predictor in Shiksha
https://www.shiksha.com/college-predictor
V
Is it beneficial start BBA or after 12th(UG) or is it suggested to do it after Graduation in any field?
S
Is entrance exams like GMAT, CAT required for Luxury Management Course? As there is no criteria written so had a doubt about it.
If your serious about considering a Masters in Luxury Management and are a passionate about brands, then I suggest you should definitely consider the Master in Global Luxury Goods and Services Management or MGLuxM as it is popularly known. The institute offers a 12 month in depth training in the ...If your serious about considering a Masters in Luxury Management and are a passionate about brands, then I suggest you should definitely consider the Master in Global Luxury Goods and Services Management or MGLuxM as it is popularly known. The institute offers a 12 month in depth training in the management of the luxury brands through class room sessions, case studies, study tours, industry interaction and Company visits, networking meeting with business associations, entrepreneurs and businesses in Milan and India, participants will get an in-depth understanding and knowledge of the entire gamut of the Luxury industry both in matured and emerging markets. The study is split into 6 months in Mumbai and 6 months in Milan. The 6 months that students spend in Milan also include dedicated study tours to Europe's top luxury districts. What's more, the MGLuxM is accredited by Politecnico di Milano and the degree is approved and recognized by the Ministry of Education, University and Research (MIUR), making it a truly an international offering
The Master in Global Luxury Goods and Services Management (MGLuxM) program is ideal for:
Young graduates with at least a bachelors degree of three years from a recognized university in India or abroad
Students who have an aptitude and appetite to work in the luxury space
The programme will be taught in English. Hence, an adequate level of proficiency in English and good written and spoken communication skills is a must
Students must also be able to display leadership and managerial skills and be willing to meet the demands of a rigorous Masters degree.
s
Am I eligible for admission without taking GMAT or CAT?
K
Is Masters in global luxury management at SP Jain worth doing or not? How is its scope and placement as it's a new course?
Reply to Kirat Arora