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Master of Fashion Management (MFM) 2024: Admission, Syllabus, Eligibility

2 Years
Degree
Post Graduation
Full Time

Master of Fashion Management [MFM] Overview

A Master of Fashion Management (MFM) program is designed to provide students with a comprehensive understanding of the fashion industry from both business and creative perspectives. This 1-2 year graduate-level program combines core business management principles with specialized knowledge related to the fashion sector.

Typical MFM coursework covers a range of subjects, including fashion marketing, brand management, supply chain management, retail operations, trend analysis, and fashion economics. Students learn to apply these principles to real-world scenarios within the fashion industry, preparing them for leadership roles.

Master of Fashion Management [MFM] Admission Process

Eligibility

Most MFM programs require candidates to have a bachelor's degree in a associated area, inclusive of style layout, business, or marketing. Some applications may additionally require applicants to have a minimal GPA or to post a portfolio of their paintings.

2. Entrance Exam

Many MFM programs require candidates to take an front exam, which includes the National Institute of Fashion Technology (NIFT) Entrance Exam or the Common Entrance Exam for Design (CEED). The entrance examination will test the applicant's understanding of fundamental style control ideas, as well as their quantitative and analytical capabilities.

3. Interview

Shortlisted applicants may be invited for an interview. The interview will provide the admissions committee an possibility to learn more approximately the candidate's educational background, style industry enjoy, and profession dreams.

Simple Process Overview in Table Format

Step Description
1 Check the eligibility standards of the MFM application you are interested by.
2 Register for the doorway examination (NIFT Entrance Exam or CEED) if required.
3 Prepare for the doorway exam and interview.
4 Submit your utility form along with the specified documents.
5 Appear for the entrance exam and interview if shortlisted.
6 Wait for the outcomes to be announced and get hold of a proposal letter if decided on.

Master of Fashion Management [MFM] Eligibility

  1. Bachelor's Degree: You normally need to have a bachelor's degree in a associated area. While some programs may additionally receive candidates with a bachelor's diploma in fashion or a related place, others may additionally recollect candidates from various academic backgrounds.

  2. Academic Qualifications: You have to have a aggressive instructional record. Specific GPA necessities can also vary via institution, however a very good academic status is often predicted.

  3. Work Experience: Some MFM packages choose or require applicants to have relevant paintings revel in in the style enterprise. The quantity of enjoy wanted can range, but it's often useful to have some previous publicity to the style enterprise.

  4. Letters of Recommendation: You may be required to submit letters of recommendation from academic or expert assets to assist your software.

  5. Statement of Purpose: Many programs ask for a assertion of reason or a private declaration that outlines your motives for pursuing the MFM program and your career dreams inside the fashion industry.

  6. Language Proficiency: If the program is taught in a language aside from your native language, you can want to illustrate talent in that language through standardized exams like the TOEFL or IELTS.

  7. Entrance Exam: Some institutions may additionally require applicants to take a standardized front examination, consisting of the GRE or GMAT, even though that is much less not unusual for MFM programs in comparison to different master's degrees.

Master of Fashion Management [MFM] Entrance Exams

  1. Graduate Record Examination (GRE): The GRE is a widely accepted exam for admission to various graduate programs. It assesses analytical writing, verbal reasoning, and quantitative reasoning skills. MFM programs might consider GRE scores as part of the application process.

  2. Graduate Management Admission Test (GMAT): The GMAT is another standardized test that evaluates analytical, writing, quantitative, verbal, and reading skills. Some MFM programs may accept GMAT scores as an indicator of a candidate's aptitude for management studies.

  3. Fashion Business Aptitude Test: Some institutions offer specialized aptitude tests tailored for the fashion business. These tests assess knowledge of the fashion industry, marketing acumen, and understanding of fashion management concepts.

  4. English Language Proficiency Tests (e.g., TOEFL, IELTS): For non-native English speakers, demonstrating proficiency in English through tests like TOEFL (Test of English as a Foreign Language) or IELTS (International English Language Testing System) is often required to ensure candidates can handle coursework in English.

  5. Institution-Specific Exams: Some universities may design their own entrance exams tailored to their MFM programs. These exams can focus on various aspects such as fashion trends, business acumen, and creativity, aligning closely with the specific curriculum of the institution.

Master of Fashion Management [MFM] Syllabus

Course Description
Introduction to Fashion Management This course provides students with a comprehensive overview of the fashion industry, including its structure, value chain, and key players. Students will learn about the different aspects of fashion management, such as product development, marketing, merchandising, and retail.
Fashion Marketing and Merchandising This course teaches students the principles of fashion marketing and merchandising. Students will learn how to develop and execute marketing campaigns for fashion products, as well as how to manage inventory and pricing.
Fashion Finance and Economics This course teaches students the financial and economic aspects of the fashion industry. Students will learn how to analyze financial statements, forecast sales, and make investment decisions.
Fashion Supply Chain Management This course teaches students how to manage the fashion supply chain, from sourcing raw materials to delivering finished products to consumers. Students will learn about the different stages of the supply chain, as well as the challenges and opportunities involved in each stage.
Fashion Entrepreneurship This course teaches students how to start and run their own fashion businesses. Students will learn about the different aspects of fashion entrepreneurship, such as developing a business plan, securing funding, and marketing their products.

Top 10 Government Master of Fashion Management [MFM] Colleges

Rank College City State Fees (INR)
1 National Institute of Fashion Technology (NIFT), Delhi Delhi Delhi 2.00 lakhs
2 National Institute of Fashion Technology (NIFT), Gandhinagar Gandhinagar Gujarat 1.50 lakhs
3 National Institute of Fashion Technology (NIFT), Bengaluru Bengaluru Karnataka 1.50 lakhs
4 Indian Institute of Technology Bombay (IIT Bombay), Mumbai Mumbai Maharashtra 10.00 lakhs
5 Delhi Technological University (DTU), Delhi Delhi Delhi 6.00 lakhs
6 Maharaja Sayajirao University of Vadodara (MSU), Vadodara Vadodara Gujarat 4.00 lakhs
7 School of Planning and Architecture (SPA), Bhopal Bhopal Madhya Pradesh 3.50 lakhs
8 School of Planning and Architecture (SPA), Vijayawada Vijayawada Andhra Pradesh 3.00 lakhs
9 Industrial Design Centre (IDC), IIT Kanpur Kanpur Uttar Pradesh 2.50 lakhs
10 National Institute of Design (NID), Ahmedabad Ahmedabad Gujarat 14.68 lakhs

Top 10 Private Master of Fashion Management [MFM] Colleges

Rank College City State Fees (INR)
1 Amity School of Fashion Technology (ASFT) Noida Uttar Pradesh 3.50 lakhs
2 International Institute Fashion Technology (IIFT) Chandigarh Chandigarh 4.70 lakhs
3 Indian Institute of Fashion Technology (IIFT) Bangalore Karnataka 7.00 lakhs
4 Pearl Academy Delhi Delhi 5.00 lakhs
5 Symbiosis Centre for Design (SCD) Pune Maharashtra 5.00 lakhs
6 NIFTTEA School of Fashion Technology Kolkata West Bengal 4.50 lakhs
7 JD Institute of Fashion Technology Mumbai Maharashtra 4.00 lakhs
8 Sharda University Greater Noida Uttar Pradesh 3.50 lakhs
9 GD Goenka University Gurgaon Haryana 3.20 lakhs
10 Amity School of Architecture and Planning, Jaipur Jaipur Rajasthan 3.00 lakhs

Master of Fashion Management [MFM] Course Placements

Graduates of the Master of Fashion Management (MFM) program are in high demand by a variety of employers, including fashion brands, retailers, e-commerce companies, and consulting firms. They may also choose to start their own businesses or work as independent consultants.

College Average CTC (INR)
National Institute of Fashion Technology (NIFT), Delhi INR 6-8 lakhs
Amity School of Fashion Technology (ASFT), Noida INR 5-7 lakhs
International Institute Fashion Technology (IIFT), Chandigarh INR 4-6 lakhs
Indian Institute of Fashion Technology (IIFT), Bangalore INR 4-6 lakhs
Pearl Academy, Delhi INR 4-6 lakhs
Symbiosis Centre for Design (SCD), Pune INR 3-5 lakhs
NIFTTEA School of Fashion Technology, Kolkata INR 3-5 lakhs
JD Institute of Fashion Technology, Mumbai INR 3-5 lakhs

Master of Fashion Management [MFM] Course Jobs and Salary

Specialization Average Salary (INR)
Fashion Brand Management INR 6-8 lakhs
Retail Management INR 5-7 lakhs
E-commerce Management INR 5-7 lakhs
Fashion Marketing Management INR 4-6 lakhs
Fashion Merchandising INR 4-6 lakhs
Fashion Buying INR 4-6 lakhs
Fashion Consulting INR 3-5 lakhs
Fashion Analysis INR 3-5 lakhs
Fashion Journalism INR 2-4 lakhs
Fashion Education INR 2-4 lakhs

Master of Fashion Management [MFM] Overview 2024 FAQs

While necessities differ, a applicable bachelor's degree and, in some instances, paintings revel in are not unusual prerequisites.

The curriculum covers style advertising, logo management, retail, and commercial enterprise ideas, along side specializations within the style enterprise.

Many MFM packages include internships, enterprise projects, or opportunities for realistic experience to enhance your getting to know.

Graduates can pursue various roles in style management, such as retail management, product development, advertising and marketing, and entrepreneurship.

Many packages contain sustainability and ethics into their curriculum to deal with the evolving wishes of the fashion enterprise.

Scholarships, grants, and economic resource opportunities may be available. Check with character establishments for details.
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