MBA Fashion Management

MBA in Fashion Management is a specialized business degree designed for individuals aspiring to work in leadership and managerial roles within the fashion industry. This program combines core business knowledge with specialized training in fashion-related areas, enabling graduates to understand the unique challenges and opportunities within the fashion business.

An MBA in Fashion Management equips graduates with the knowledge and skills needed to succeed in various roles within the fashion sector. Basically, the industry evolves, professionals with a strong business acumen and specialized expertise are in high demand, making this degree an excellent choice for individuals passionate about fashion and business.

MBA Fashion Management in India

MBA Fashion Management
Table of Contents

    Scope of MBA Fashion Management in India

    The scope of MBA in Fashion Management in India is quite promising, given the country’s vibrant fashion industry. Following are some key aspects that highlight the significant scope of this specialization in India:

    1. Growing Fashion Industry:

    • India’s fashion industry is continuously expanding, encompassing areas such as apparel, accessories, textiles, and luxury goods. The increasing disposable income, changing consumer preferences, and also a rise in fashion-conscious youth contribute to the industry’s growth.

    2. Diverse Career Opportunities:

    • Fashion Retail: Graduates can work in retail management, merchandising, and store operations for fashion brands, both domestic and also international.
    • Fashion Marketing: Opportunities exist in fashion marketing, advertising, and branding, involving market research, advertising campaigns, and also brand promotion.
    • Fashion E-commerce: With the rise of online shopping, professionals are needed to manage fashion e-commerce platforms, digital marketing, and also customer engagement.
    • Fashion Entrepreneurship: MBA graduates can start their fashion businesses, including boutique stores, online fashion platforms, or fashion consulting services.

    3. International Collaborations:

    • Many international fashion brands are expanding their presence in India, creating opportunities for professionals with knowledge of global fashion trends and also business practices.

    4. Luxury Fashion Segment:

    • The luxury fashion market in India is growing, leading to demand for experts in luxury brand management, customer relationship management, and also exclusive retail experiences.

    5. Textile and Apparel Industry:

    • India is a major player in textile and apparel manufacturing. Professionals in fashion management can work in areas related to sourcing, production planning, and also quality control.

    6. Fashion Events and Media:

    • India hosts numerous fashion events, shows, and exhibitions. Fashion management professionals can work in event planning, coordination, and also media management for such events.

    7. Fashion Education:

    • There is a demand for skilled educators and trainers in fashion management institutes and colleges, offering opportunities for those interested in teaching and also research.

    8. Sustainable Fashion:

    • With the growing emphasis on sustainability, there is a rising need for experts in sustainable fashion practices, eco-friendly materials, and also ethical fashion management.

    9. Bridal and Wedding Industry:

    • India has a booming wedding industry, creating roles in bridal fashion consultancy, wedding planning, and also fashion styling for weddings.

    10. Corporate Tie-ups:

    • Many corporate organizations integrate fashion and grooming programs for employees, creating roles for fashion management professionals within corporate setups.

    11. Skill Enhancement:

    • Professionals can enhance their skills and knowledge through certifications, workshops, and continuous learning, staying updated with industry trends and also technologies.

    Available Modes to Study MBA Fashion Management

    There are several modes to Study MBA for an Aspiring Candidate. The Following are the Types of MBA in Fashion Management Options Available.

    Full-Time MBA

    Features: Full-time MBA programs are intensive and immersive, hence providing a comprehensive curriculum. Students attend classes on campus, participate in group projects, and often have access to internships also. This mode is suitable for individuals looking for a traditional MBA experience basically without the constraints of a job.

    Eligibility: 50% marks in graduation basically from Recognize University along with valid Entrance Exam.

    Duration: 2 Years.

    Fee Structure: Rs 2.0 Lacs – 18 Lacs.

    Part-Time MBA

    Features: Part-time MBA programs are for working professionals. Classes are often scheduled during the evenings or on weekends, allowing students to continue working while pursuing their Masters degree. This mode is ideal for those who want to balance work, life, and education as a result.
    Eligibility: Basically a Graduate along with Minimum 2-3 years work experience.
    Duration: 2-3 Years.
    Fee Structure: Rs 2.5 Lacs – 8 Lacs.

    Executive MBA (EMBA)

    Features: EMBA programs are tailored particularly for experienced professionals, usually with a minimum number of years of work experience (varies by program). Classes are usually on weekends or in intensive modules, allowing executives to continue their careers while enhancing their leadership and managerial skills. EMBA programs often emphasize real-world applications and case studies.
    Eligibility: Graduate with Basically Minimum 2-3 years work experience.
    Duration:
     1-2 Years.
    Fee Structure:
     Rs 3.5 Lacs – 10 Lacs.

    Distance Learning MBA

    Features: Distance learning MBA programs are basically off campus Studies. Hence provide course materials to students, who study independently. All Communication with instructors and peers is primarily through mail, email, or online forums. Additionally Examinations are conducted at designated centers. Therefore, this mode is suitable for individuals who require complete flexibility and cannot attend regular classes.
    Eligibility: Basically a Graduate from any Discipline from an UGC Approved University.
    Duration: 2-3 Years.
    Fee Structure: Rs 1.0 Lacs – 3.0 Lacs

    Dual MBA Programs

    Features: Dual MBA programs allow students to earn two degrees simultaneously, often in collaboration with international universities. Having Credit transfer facility in 2nd year in choice of University Abroad. Also in different disciplines such as MBA/MS or MBA/MPH or PGDM/MBA. Hence these programs are more specialized and can provide a broader skill set along with Practical Exposure.
    Eligibility: 50% marks in graduation basically from a Recognize University along with valid Entrance Exam.
    Duration: 2 Years.
    Fee Structure: Rs 10. Lacs – 30 Lacs.

    Online MBA

    Features: Online MBA programs are entirely taught over the internet. However, students can access lectures, assignments, and resources remotely, allowing for a flexible study schedule. This mode is suitable for individuals who require the flexibility to study from anywhere, often while working full-time or managing other commitments.
    Eligibility: Graduate basically from Any Recognize University.
    Duration: Minimum 2 years, Maximum 4 years from the date of registration.
    Fee Structure: Rs 1.0 Lacs – 2.5 Lacs

    Accelerated MBA

    Features: Accelerated MBA programs are also known as fast-track or one-year MBA programs. Moreover these programs are highly intensive, condensing the traditional two-year curriculum into a shorter timeframe. Hence. These programs are demanding and require full-time commitment, making them suitable for individuals who want to complete their MBA quickly. Also the students in accelerated MBA programs typically take a heavier course load each semester and may have limited breaks between terms.
    Eligibility: Basically a Graduate along with Minimum 2-3 years work experience
    Duration: 1 year.
    Fee Structure: Rs 2.0 Lacs – 8 Lacs.

    Eligibility for Admission

    The following are the basic eligibility criteria for Securing admissions to the MBA Fashion Management course are:

    Educational Qualifications:

    • Bachelor’s Degree: Applicant require to have a bachelor’s degree in any discipline from a recognize university or college from Either India or Abroad.
    • Minimum Percentage: Many institutions require a minimum of 50 percentage or grade point average (GPA)equivalent in the undergraduate degree. Therefore the specific percentage or GPA requirement varies among institutions along with other Cut off Parameters.

    Entrance Exams:

    • CAT/MAT/XAT/CMAT/ATMA/CUET: Most MBA programs in India require candidates to Either take one of the national-level management entrance exams or State level Entrance, National levels such as CAT (Common Admission Test), MAT (Management Aptitude Test), XAT (Xavier Aptitude Test), or CMAT (Common Management Admission Test). State level such as PGCET, MHCET, IPCET. Hence, different institutions may accept different exams, Also most of all Colleges have different Cutoff for Admission in MBA Fashion Management.
    • Minimum Percentile/Score: Basically the Institutions usually have a minimum percentile or score Cut off requirement in these entrance exams for candidates to be eligible for admission. Also the minimum percentile/score varies by institution and can be different for each category of students also (General, SC/ST/OBC, etc.).

    Work Experience (Varies):

    • Some MBA programs may require work experience: While many MBA programs accept fresh graduates, some institutes, especially for executive MBA programs, Therefore require a minimum number of years of work experience, often ranging from 1 to 5 years.

    Reservation Criteria:

    • Indian institutions follow the government’s reservation policy, which includes quotas for different Category Students. Such as Schedule-Castes (SC/ST), Other Backward-Classes (OBC), Economically Weaker Sections (EWS), and also other categories. Although Candidates belonging to these categories Usually have specific relaxations in eligibility criteria also. Minimum 5% Relaxation in Graduation percentage and varied Entrance Exam Cutoff are usually Given depending upon the Institute.

    Personal Interview and Group Discussion:

    • Most of all institutions conduct stringent personal interviews and/or group discussions as part of the selection process. Therefore, the performance in these sessions is often considered while making final admission decisions by the Institute Admission Panel.

    Statement of Purpose (SOP) or Essays:

    SOP or Essays: Many a Times Applicants are often require to write a Statement of Purpose (SOP) or essays. Hence Explaining their motivation for pursuing an MBA, career goals, and why they are interested in the specific MBA program they are applying to.

    List of Top MBA Colleges in India for MBA Fashion Management

    India, is home to several prestigious MBA colleges that offer specialize programs in Fashion Management. However, the ranking of these colleges can vary on different surveys and criteria. so it’s always a good idea to research and consider multiple sources before making a decision. Following are some of the top MBA colleges in India known for their Fashion Management programs:

    1. National Institute of Fashion Technology (NIFT)
    2. Indian Institute of Fashion Technology (IIFT)
    3. Amity University, Noida
    4. Online Manipal Academy of Higher Education
    5. SGT University, Gurgaon
    6. Don Bosco School of Management Bangalore
    7. MBA ESG Business School Bangalore, Pune

    Entrance Exam for MBA in Fashion Management

    Accordingly India, several national and state-level MBA entrance exams are conducted for admission to MBA programs, including for MBA in Fashion Management. Therefore these exams are widely accepted by various business schools across the country (India). Following are some of the prominent Mandatory MBA entrance exams in India:

    National Level MBA Entrance Exams:

    1. Common Admission Test (CAT):
      • Conducted by: Indian Institutes of Management (IIMs).
      • CAT is basically one of the most popular and competitive MBA entrance exams in India, accepted by numerous top-tier business schools.
    2. Management Aptitude Test (MAT):
      • Conducted basically by: All India Management Association (AIMA).
      • MAT is conducted four times a year and is also accepted by a wide range of management institutes across India.
    3. Xavier Aptitude Test (XAT):
      • Conducted by: XLRI Xavier School of Management, Jamshedpur.
      • XAT is also accepted by more than 150 B-schools in India and is known for its rigorous examination pattern.
    4. Common Management Admission Test (CMAT):
      • Conducted basically by: National Testing Agency (NTA).
      • CMAT is accepted specifically by AICTE-approved institutions and universities across India. Whereas, MBA institutes of national importance in India does not accept CMAT Scores.
    5. Graduate Management Admission Test (GMAT)
      • Conducted basically by: Graduate Management Aptitude Council (GMAC).
      • In India, more than 400+ business schools offering MBA/PGDM accept GMAT results. Subsequently, these include the Most prominent B Schools like the Indian School of Business, IIM Ahmedabad, IIM Bangalore, IIM Calcutta, and the Institute of Management Technology (IMT), among others.
    6. Common University Entrance Test (CUET)
      • Conducted basically by: National Testing Agency (NTA).
      • The CUET exam scores are accepted by around 197 CUET PG participating universities for admission to different postgraduate programs including MBA.
    7. Narsee Monjee Management Aptitude Test (NMAT)
      • Conducted basically by: Graduate Management Aptitude Council (GMAC).
      • NMAT exam results are accepted by some of the leading MBA universities for flagship and specialized programs because it is an independent and reputable exam.

    State-Level MBA Entrance Exams:

    1. MAH CET (Maharashtra Common Entrance Test):
      • Conducted basically by: State Common Entrance Test Cell, Maharashtra.
      • MAH CET is the entrance exam for various management institutes in Maharashtra.
    2. TANCET (Tamil Nadu Common Entrance Test):
      • Conducted basically by: Anna University, Tamil Nadu.
      • TANCET is accepted by several colleges in Tamil Nadu for their MBA programs.
    3. APICET (Andhra Pradesh Integrated Common Entrance Test):
      • Conducted basically by: Sri Krishnadevaraya University, Anantapur, on behalf of Andhra Pradesh State Council of Higher Education (APSCHE).
      • APICET is for admission into MBA programs in Andhra Pradesh.
    4. KMAT (Karnataka Management Aptitude Test):
      • Conducted basically by: Karnataka Private Post Graduate Colleges Association (KPPGCA)
      • KMAT is accepted by more than 169 B-schools across Karnataka.
    5. OJEE MBA (Odisha Joint Entrance Examination for MBA):
      • Conducted basically by: Odisha State Government.
      • OJEE MBA is the entrance exam for MBA programs in Odisha.
    6. UPSEE MBA (Uttar Pradesh State Entrance Examination for MBA):
      • Conducted basically by: Dr. A.P.J. Abdul Kalam Technical University, Uttar Pradesh
      • UPSEE MBA is for admission to MBA programs in colleges affiliated with AKTU, Lucknow.

    Job Profiles in MBA Fashion Management

    Pursuing an MBA in Fashion Management can lead to a variety of job profiles within the fashion industry. Following are some common job roles along with their roles and responsibilities:

    1. Fashion Retail Manager:

    • Roles and Responsibilities:
      • Oversee day-to-day retail operations, including sales, customer service, and also inventory management.
      • Develop strategies to enhance the customer shopping experience and also increase sales.
      • Analyze sales data to identify trends and also optimize product offerings.
      • Train and manage retail staff, ensuring high levels of customer satisfaction.
      • Plan and execute marketing and promotional activities to drive foot traffic and sales.

    2. Fashion Marketing Manager:

    • Roles and Responsibilities:
      • Develop and implement marketing strategies to promote fashion products or brands.
      • Conduct market research to identify consumer trends and preferences.
      • Manage advertising campaigns, social media marketing, and also influencer collaborations.
      • Analyze marketing data to measure the effectiveness of campaigns and also adjust strategies as needed.
      • Collaborate with designers and retailers to create compelling marketing materials and promotions.

    3. Fashion Brand Manager:

    • Roles and Responsibilities:
      • Develop and maintain the brand identity, ensuring consistency across all marketing materials and also products.
      • Collaborate with designers to align product offerings with the brand’s vision and values.
      • Monitor market trends and competitor activities to identify opportunities and also threats.
      • Work with advertising agencies and creative teams to create brand campaigns.
      • Manage brand budgets and analyze ROI on marketing investments.

    4. Fashion Merchandising Manager:

    • Roles and Responsibilities:
      • Plan and select the assortment of products to be sold in retail stores.
      • Collaborate with designers, buyers, and also suppliers to curate collections.
      • Monitor inventory levels and adjust stock based on sales trends and also customer demand.
      • Negotiate with suppliers to secure favorable terms and also pricing.
      • Analyze sales data and customer feedback to optimize product offerings.

    5. Fashion E-commerce Manager:

    • Roles and Responsibilities:
      • Oversee the online store’s functionality, user experience, and also product listings.
      • Develop and implement digital marketing strategies to drive traffic and sales.
      • Monitor website analytics and user behavior to identify areas for improvement.
      • Manage online customer service, addressing inquiries, issues, and also returns.
      • Collaborate with logistics and fulfillment teams to ensure timely and also accurate deliveries.

    6. Fashion Event Manager:

    • Roles and Responsibilities:
      • Plan, organize, and execute fashion shows, product launches, and also promotional events.
      • Coordinate event logistics, including venue selection, catering, and guest lists.
      • Work with designers and models to showcase collections effectively.
      • Manage event budgets, sponsorships, and also partnerships.
      • Analyze the success of events and gather feedback for future improvements.

    7. Fashion Consultant/Stylist:

    • Roles and Responsibilities:
      • Provide fashion advice to clients, helping them select clothing, accessories, and styles.
      • Stay updated with fashion trends, designers, and also emerging brands.
      • Collaborate with retailers and designers to curate personalized fashion options for clients.
      • Offer wardrobe planning and styling services for special events or occasions.
      • Build a strong network of clients and also maintain long-term relationships.

    8. Fashion Sustainability Manager:

    • Roles and Responsibilities:
      • Develop and implement sustainable practices within fashion brands or companies.
      • Research eco-friendly materials and production methods.
      • Monitor supply chain processes to ensure ethical and also sustainable practices.
      • Educate stakeholders and consumers about the brand’s sustainability initiatives.
      • Collaborate with environmental organizations and suppliers to enhance sustainability efforts.

    As the fashion industry continues to evolve, professionals with expertise in fashion management are essential for driving innovation, sustainability, and business success.

    Salary potential of MBA Fashion Management in India

    The Average package salary potential for individuals with an MBA in Fashion Management in India can vary widely based on factors such as years of experience, level of education, specific job role, the reputation of the employer, geographic location, and negotiation skills. Generally, professionals in the fashion industry earn competitive Average package, and those with an MBA in Fashion Management often command higher compensation due to their specialized skills and business acumen.

    Following are an general overview of Average package ranges for different job roles in the fashion industry for individuals with an MBA in Fashion Management:

    . Fashion Retail Manager Average package:

    • Entry-Level: ₹3,00,000 to ₹6,00,000 per annum
    • Mid-Level: ₹6,00,000 to ₹10,00,000 per annum
    • Senior-Level: ₹10,00,000 to ₹20,00,000+ per annum

    2. Fashion Marketing Manager Average package:

    • Entry-Level: ₹3,00,000 to ₹6,00,000 per annum
    • Mid-Level: ₹6,00,000 to ₹12,00,000 per annum
    • Senior-Level: ₹12,00,000 to ₹25,00,000+ per annum

    3. Fashion Brand Manager Average package:

    • Entry-Level: ₹3,00,000 to ₹6,00,000 per annum
    • Mid-Level: ₹6,00,000 to ₹12,00,000 per annum
    • Senior-Level: ₹12,00,000 to ₹25,00,000+ per annum

    4. Fashion Merchandising Manager Average package:

    • Entry-Level: ₹3,00,000 to ₹6,00,000 per annum
    • Mid-Level: ₹6,00,000 to ₹10,00,000 per annum
    • Senior-Level: ₹10,00,000 to ₹18,00,000+ per annum

    5. Fashion E-commerce Manager Average package:

    • Entry-Level: ₹3,00,000 to ₹6,00,000 per annum
    • Mid-Level: ₹6,00,000 to ₹12,00,000 per annum
    • Senior-Level: ₹12,00,000 to ₹25,00,000+ per annum

    6. Fashion Event Manager Average package:

    • Entry-Level: ₹3,00,000 to ₹6,00,000 per annum
    • Mid-Level: ₹6,00,000 to ₹10,00,000 per annum
    • Senior-Level: ₹10,00,000 to ₹18,00,000+ per annum

    7. Fashion Consultant/Stylist Average package:

    • Entry-Level: ₹2,50,000 to ₹5,00,000 per annum
    • Mid-Level: ₹5,00,000 to ₹8,00,000 per annum
    • Senior-Level: ₹8,00,000 to ₹15,00,000+ per annum

    8. Fashion Sustainability Manager Average package:

    • Entry-Level: ₹3,00,000 to ₹6,00,000 per annum
    • Mid-Level: ₹6,00,000 to ₹10,00,000 per annum
    • Senior-Level: ₹10,00,000 to ₹18,00,000+ per annum

    Professionals who work for high-end fashion brands, luxury retailers, or multinational companies in metropolitan cities tend to earn higher Average package. Additionally, those who have a proven track record, relevant certifications, and substantial experience in the industry often command higher compensation packages.

    Major Recruiters of MBA fashion Management

    Graduates with an MBA in Fashion Management are highly sought after by a variety of companies in the fashion industry. While the specific recruiters can vary based on the region. Following are some major companies and types of organizations that actively hire MBA fashion management graduates globally:

    1. Fashion Retailers:

    • Companies: Zara, H&M, Gap, Forever 21, Macy’s, Marks & Spencer
    • Profiles: Retail Manager, Store Operations Manager, Visual Merchandiser, Buyer

    2. Luxury Fashion Houses:

    • Companies: Louis Vuitton, Gucci, Chanel, Prada, Versace
    • Profiles: Luxury Brand Manager, Client Relationship Manager, Retail Experience Manager

    3. Fashion E-commerce Platforms:

    • Companies: Amazon Fashion, Flipkart Fashion, Asos, Net-A-Porter, Farfetch
    • Profiles: E-commerce Manager, Category Manager, Online Marketing Manager

    4. Sportswear and Athletic Brands:

    • Companies: Nike, Adidas, Puma, Under Armour
    • Profiles: Marketing Manager, Product Manager, Retail Operations Manager

    5. Apparel and Lifestyle Brands:

    • Companies: Levi’s, Tommy Hilfiger, Calvin Klein, Ralph Lauren, Diesel
    • Profiles: Brand Manager, Marketing Manager, Retail Operations Manager

    6. Fashion Marketing and Advertising Agencies:

    • Companies: Ogilvy & Mather, Wieden+Kennedy, Publicis, DDB Worldwide, McCann
    • Profiles: Brand Consultant, Advertising Executive, Marketing Manager

    7. Event Management Companies:

    • Companies: Wizcraft, Percept, Eventfaqs, 70 EMG
    • Profiles: Event Manager, Event Coordinator and also as Event Planner

    8. Consulting Firms (Specializing in Fashion):

    • Companies: McKinsey & Company, Boston Consulting Group (BCG), KPMG, Deloitte, Accenture
    • Profiles: Fashion Consultant, Strategy Consultant and also as Retail Analyst

    9. Sustainable Fashion Organizations:

    • Companies: Sustainable Apparel Coalition, Fashion Revolution, Ethical Trading Initiative
    • Profiles: Sustainability Manager, Ethical Fashion Consultant, CSR Specialist

    10. Fashion Startups:

    • Profiles: Founder, CEO, Operations Manager, Marketing Head, Product Manager
    • Companies: Various fashion startups specializing in sustainable fashion, tech-driven fashion solutions, custom apparel, etc.

    11. Academia:

    • Profiles: Fashion Educator, Program Director, Academic Coordinator
    • Companies: Fashion schools, colleges, and also universities offering MBA programs in Fashion Management.

    FAQ

    What are the Major Subject of MBA in Fashion Management?

    Major Subject of MBA in Fashion Management are Fashion Marketing and Branding, Fashion Economics and Business Models, Fashion Merchandising, Fashion Entrepreneurship, Fashion Product Development and Production, Retail Management in Fashion, Fashion Law and Intellectual Property Rights, Sustainable Fashion Management.

    Does any IIM`s offer MBA in Fashion Management?

    No, None of the IIM`s offer this course

    Is it Mandatory to have Fashion academic Background to Pursue MBA in Fashion Management?

    No, Graduate from any Discipline can Persue MBA in Fashion Management.

    What is the Difference between Masters of Fashion Design and MBA Fashion Management?

    Masters of Fashion Design Vs MBA Fashion Management
    Focus: (Fashion Design, FD) Creativity, Design, and Technical Skills.
    (Fashion Management, FM) Business, Marketing, and Operations.
    Overview:(FD)Fashion design primarily involves creating clothing, accessories, and footwear.
    (FM)Professionals handle marketing, retail, supply chain, and also overall business strategy for fashion companies.
    Skills: (FD)Creativity and artistic, Proficiency in sketching, pattern making, and also garment construction, Understanding of fabrics.
    (FM)Business acumen and strategic thinking, Marketing and branding skills.