Teaching the art business
November 25th, 2008 by Trends
‘Teaching the Science of Selling Art’ from the IHT:
“As the global art market has ballooned into an industry turning over an estimated $25 billion or more a year in sales, a subsidiary business has grown alongside, training those who hope to make a living from the commerce of art.
Some conventional universities and art schools have introduced art history programs with an art market component. These include the École du Louvre in Paris, which now includes an auctioneer training course in its undergraduate and graduate programs; the Courtauld Institute of Art in London, which this year introduced a masters degree in art museum curating; and the Fashion Institute of Technology in New York, which offers a masters in Art Market Principles and Practice.
Auction houses are also in on the act. Highly intensive, often highly priced - with fees running into the tens of thousands of dollars - but relatively easy to access in terms of academic entry requirements, the auction house schools immerse their students five days a week in the world of art, with an eye on the practical business aspects.
