NYSED: 87128 CIP: 50.1002
Art Market Studies is a 40–41 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 graduate—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.
Course of Study
|AM 500||Art Market Research and Valuation||3|
|AM 510||History of the Art Market: Renaissance Italy to the Present||3|
|AM 522||Postwar and Contemporary Art: 1945-1989||3|
|AM 533||Core Business Practices||3|
|AM 633||Art Law and Professional Ethics||3|
|AM 511||Gallery Management and Operations||3|
|AM 513||The Auction Business||3|
|AM 523||Art in a Global Context: Post-1989||3|
|AM 531||Marketing for Art Organizations||3|
|AM 654||Practicum: Strategic Management for Art Organizations||4|
|Semester 3–Choice of Option 1 or Option 2||9-10|
|Professional Development and Internship|
|Case Study Research|
|Innovation in the Creative Industries|
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.
ADVANCEMENT TO DEGREE CANDIDACY
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.
For admittance to degree candidacy, students must have completed a minimum of 40 approved course credits, achieved a final grade point average (GPA) of at least 3.0, and completed one internship for credit. Students must have advanced to degree candidacy before being permitted to attend graduation ceremonies.
Experiential learning is a critical component of the program during the second and third semesters of the program. Students work with (as researchers) or in (as interns) arts organizations to gain first-hand knowledge of the art market and the art world, to build professional skills, and to define their career goals.
The Third Semester
The second option involves coursework that guides students in identifying specific business problems within the art market and considering viable solutions. During the third semester they will write a case study, researching and analyzing an existing art organization, in addition to developing a business plan for a venture of their own design.
Time Requirement for Degree Completion
See Scholastic Standing.