Concentration Track in Art Markets and Finance
A broad perspective is crucial for fully understanding the Art Market, as this sector is characterized by constant evolution, with emerging phenomena such as financialization (e.g., art lending) and tokenization (e.g., Non-Fungible Tokens) of artworks. By engaging with prominent players in the Art Market, participants gain a comprehensive view of the roles of collectors and investors, galleries, advisors, fairs, and auction houses in shaping the dynamics of the international art scene. This knowledge equips them with valuable insights and perspectives for navigating the complexities of the art world effectively.
The program consists of two learning modules for a total of 12 full days.
Each module consists in a week (Monday to Saturday from 8:30 to 4pm)
Extra visits or trips to Art Fairs could be organized on top of the classes (i.e. in other days) and will be elective.
The Concentration Track in Art Markets and Finance is also offered as an Open Executive Program
MODULE I
3-8 March 2025
- The Art Market system
- Artworks, a special category of objects
- The pillars of the Art Market: Auction houses
- Art price appraisal and value
- Art value and due diligence
- Art Market in the world: US
- Navigating uncertainty: Risk management in the Art Market
- Risk management through intersections between art history and the law
- Regulation and taxation
- Art Market in the world: Europe
MODULE II
9-14 June 2025
- The pillars of the Art Market: Art Fairs and Galleries
- Art as a financial asset
- Private banking: art lending and art advisory
- Art Market in the world: Asia
- Art market and technology: NFT and tokenization
- The pillars of the Art Market: Collectors and private museums
- Financial Indexes and Art Market reports
- Art Market in the world: Italy