NYSED: 87128   HEGIS: 1099

Art Market Studies is a 39-credit, full-time program that provides students with the tools to forge careers in the business of art. Its interdisciplinary nature reflects the diversity of professional opportunities available to graduates — whether in galleries, auction houses, art fairs, appraisal firms, online platforms, museums, or non-profit organizations. The curriculum aims to balance practical skills with academic rigor, as well as core business and legal concepts with industry-specific knowledge. It also privileges contemporary art, given that art produced from the postwar period to the present has come to dominate the market in recent years.    

In addition to coursework in valuation and appraisal, art law, marketing, gallery operations, the auction business, and the history of contemporary art, students in the program are required to pursue an internship with an art-related business or organization. Students gain hands-on experience through a practicum in which they assemble an exhibition from concept to execution. This distinctive assignment allows students to put into practice the knowledge and skills they have acquired in a real-world showcase of their abilities. Curriculum below is for the entering class of Fall 2017. 

NATASHA DEGEN, Associate Chairperson

Course of Study

Semester 1
AM 510The International Art Market3
AM 522History of Contemporary Art, 1945 to the Present3
AM 533Core Business Practices3
AM 613Valuation and Appraisal3
AM 633Art, Law, and Professional Ethics3
Semester 2
AM 511Gallery Management and Operations3
AM 513The Auction Business3
AM 523Art in a Global Context, Post-19893
AM 531Marketing for Art Organizations3
AM 654Practicum: Exhibition3
Semester 3 - Choice of Option 1 or Option 26
AM 691Internship3
Option 1 AM 655 and AM 701
Option 2: AM 623, and Choose 1 course from ED 523, or ED 572, or FT 551, or FT 654
Total Credits39


All degree programs require that students maintain a cumulative grade point average of 3.0 every semester while enrolled in the program. A student is placed on probation if his or her semester GPA is below 3.0. A student is not subject to academic dismissal at the end of his or her first semester in a degree program. A student will be dismissed from the college after two consecutive semesters with a GPA below 3.0. A final GPA of 3.0 is required for graduation


Eligibility to Attend Commencement Exercises
Candidates for the master’s degree at FIT must have advanced to candidacy before being permitted to attend graduation ceremonies.

Maintenance of Matriculation
To maintain matriculation, a degree candidate must register each semester following entry into a program for either (a) at least one approved course or (b) maintenance of matriculation. If a student does not maintain continuous matriculation, or does not complete all degree requirements in the time allowed, that student will be required to apply for readmission to the program following the procedures and requirements listed in the catalog of the readmission year. If readmission is granted, the student will also be required to pay all delinquent maintenance of matriculation fees prior to being awarded the degree.

Degree Requirements


For admittance to degree candidacy, students must have satisfied all outstanding prerequisites, completed a minimum of 39 approved course credits, achieved a final grade point average (GPA) of 3.0, and completed one internship for credit. Students must have advanced to degree candidacy before being permitted to attend graduation ceremonies.


All students are required to complete an internship at an appropriate art institution. Course credit is only granted for one internship, but students are encouraged to serve additional internships for professional growth and networking opportunities.

Internships may be pursued during the academic year or during the summer. Internships require a minimum commitment of 135 hours, which equals one or two days a week for a full semester, or for summer internships, four to six weeks of full-time work. Past student internships have included positions at the Metropolitan Museum of Art, the Guggenheim Museum (New York and Venice), the Museum of Modern Art, the Whitney Museum of American Art, Deitch Projects, Mitchell-Innes & Nash, Julie Saul Gallery, Jim Kemper Fine Art, Gagosian Gallery, Gorney, Bravin & Lee, Exit Art, James Cohan Gallery, Paula Cooper Gallery, Hirschl & Adler Galleries, Romare Bearden Foundation, Gottlieb Foundation, the International Center of Photography, and Christie’s and Sotheby’s auction houses.

Internship guidelines are available in the Office of Graduate Studies. Each student, in consultation with the program chair, makes a formal application for a position, and if selected, reports directly to a staff member at the internship location, who then supervises and evaluates the student’s work. Students are required to maintain an internship journal, write an essay summarizing their experience, and make an oral presentation in AM 691 Internship in the fourth semester. Academic credit cannot be granted for any internship that has not been approved by the program chair before the internship begins.

The Third Semester

In their third semester — in addition to completing an internship — students may elect to pursue additional coursework, which may be customized to reflect their professional interests, or they may embark on a thesis project. Students who choose the thesis track will enroll in AM 655 Thesis Seminar and AM 701 Thesis Preparation. The Thesis Seminar will guide students through the research and writing process, while also providing background on research methodologies and academic standards. Totaling 12,000 to 15,000 words, the resulting project will represent an original contribution to the field. 

Time Requirement for Degree Completion

Students are expected to complete all degree requirements, including the qualifying paper, by the end of the second year of study.  In the event of special extenuating circumstances, the Department Chair, in consultation with the Dean, may provide a student with an extension through the end of the second academic year of the program.