Master's degree in Art Market Management

Basic Information

What knowledge will I acquire with this Master?

The Master in Art Market Management is designed to provide the student with the precise knowledge necessary to function in the professional environment of any of the current Art Market sectors. The knowledge they will acquire is focused, therefore, on the management of artistic and collectible goods within the commercial environment, taking into account the legal and economic context.

The master's degree is aimed at those who want to develop a professional future between works of art and collecting, since by studying it they will learn the operation and work carried out within auction houses, art galleries, art consultancies, appraisal companies, investment in art, etc.

The subjects taught focus on the work of property management within all the activities that take place in the day-to-day of the art market. For this reason, the sectors and agents that converge in the art market and its operation, the legal system that governs it, the particular means of selling works of art and its operation, etc., are studied. And all this structured in subjects that are taught combining the presence of academic professors and market professionals. The subjects are structured:

FIRST QUARTER

· Sectors of the Art Market and its Management

· Historical retrospective of collecting and management in the art market

· Management of agents and means of distribution in the Art Market

· Legislation for the protection of Patrimony in Commercial and Fiscal activities

· Authentication and detection of counterfeits of artistic and collectible goods

SECOND TERM

· Cataloging and Management of Artistic and Collection Goods

· Appraisal and Appraisal of Works of Art: procedure and application

· Analysis, Restoration and Conservation of Works of Art

· Business Management of the Art Market

· External Internships

· Master's thesis

Thus, the graduates of this Master will be able to work in:

· Art Galleries carrying out management, sales, public relations and strategic development work.

· In auction rooms cataloging, valuing and appraising the work of art on the market. Art Consulting. Advice to private collectors and institutions and in the formation of their collections and investment in art. Use art as an innovative means for the development of corporate image projects, marketing, human resources, social responsibility. Collection management, advice on acquisitions, intermediation in the purchase and sale of works of art, appraisal and tax studies, corporate collecting, etc.

· Exhibitions Curator. Practical knowledge in coordination and assembly of exhibitions are essential tools for carrying out exhibition projects with all kinds of institutions such as foundations, art galleries, alternative spaces, town halls and banks.

· Art critic and cultural press. The practical tools in Art Criticism make possible the collaborations in the cultural press and in the elaboration of the texts of artistic catalogs.

Is this degree official according to the regulations required by the European Higher Education Area?

Yes (final verification report is attached), starting the first course in the academic year 2017-18.

Final verification report turned out FAVORABLE

The Master's Degree in Art Market Management is an official master's degree included within the European Higher Education Area, so, although it is directed towards a professional perspective, as it is an official master's degree it also gives access to the final doctorate studies .

It is organized in two semesters with twelve teaching weeks. The first more theoretical and the second with subjects that invite you to deepen what you have already learned, putting it into practice in experimental subjects..

Is it necessary to pass an access test?

Access to the university master's degree in Art Market Management does not require any additional tests.

The formalization of the registration entails the completion of the pre-registration with the presentation of the official documentation required by the School of Official Master's Degrees that you will find in the section referring to registration.

What is the minimum number of credits for which I can enroll?

You can see it in the rules of permanence in this link

Recommended income profile

Be in possession of an official Spanish university degree or another issued by a higher education institution of the European Higher Education Area that authorizes access to master's degrees in the country that issued the degree.

The master's degree is aimed at students with university studies in the area of humanistic, social, business or legal sciences, since they are the areas of business management in the art market that are worked on throughout the different subjects.

Objectives

The objectives of the master's degree are to provide its students with the fundamental tools to become professionals in the art market, in any of the areas in which it can develop.

The art market, despite the different economic crises unleashed throughout the XNUMXst century, has not been paralyzed and in fact the number of auctions and the prices reached in the sales of artistic or collectible goods have not decreased in recent years, still placing us in a clearly unfavorable economic environment. Therefore, the proliferation of interest in this market and the search for professionals who carry out work based on the knowledge of the agents and media that participate in this market, ensures the potential demand for this master's degree, whose main objective is the training of experts who guide his professional career in the development of the commercial activities of the Art Market.

Competences

BASIC SKILLS

CB6 - Possess and understand knowledge that provides a basis or opportunity to be original in the development and/or application of ideas, often in a research context
CB7 - That students know how to apply the knowledge acquired and their ability to solve problems in new or little-known environments within broader (or multidisciplinary) contexts related to their area of study
CB8 - That students are able to integrate knowledge and face the complexity of formulating judgments based on information that, being incomplete or limited, includes reflections on the social and ethical responsibilities linked to the application of their knowledge and judgments
CB9 - That students know how to communicate their conclusions ¿and the knowledge and ultimate reasons that support them¿ to specialized and non-specialized audiences in a clear and unambiguous way
CB10 - That students have the learning skills that allow them to continue studying in a way that will be largely self-directed or autonomous.

GENERAL

CG01 - The student must acquire up-to-date knowledge of the different functional areas of a company and their interaction to achieve objectives.
CG02 - The student must be able to show a critical judgment in the works and tasks entrusted to him
CG03 - The student must be able to act autonomously in the planning and implementation of projects and decisions.
CG04 - The student must be able to play different roles within a team, particularly that of leader.
CG05 - The student must be able to recognize the need for change and must have the necessary skills to manage it
CG06 - The student must be able to add value through their creativity and participation.

TRANSVERSAL COMPETENCES

CT01 - Discriminated use capacity of the existing basic information systems in the network.
CT02 - Linguistic skills, such as the ability to communicate verbally and in writing to convey ideas and decisions with clarity and rigor in the presentation.
CT03 - Ability to manage scientific and technical information.
CT04 - Ability to interpret, apply and adapt current codes in businesses derived from the Art Market.
CT05 - Resolution of problems arising in professional practice.
CT06 - Critical and deductive reasoning.
CT07 - Acquire a critical position on erroneous approaches
CT08 - Capacity for analysis and synthesis
CT09 - Ability to make the right decisions.
CT10 - Autonomous learning.
CT11 - Foster creativity, initiative and proactivity.
CT12 - Methodological skills on the organization and planning of resources and time to assume professional and effective work in response to customer demands.
CT13 - Communication and negotiation skills in social relations.
CT14 - Ethical commitment.
CT15 - Capacity for teamwork with special emphasis on interdisciplinary teams.
CT16 - Motivation for quality.
CT17 - Adaptation to new situations.
CT18 - Ability to lead and integrate teams.
CT19 - Democratic sensitivity towards issues of gender equality and social opportunities.
CT20 - Training for work in an international context.

SPECIFIC COMPETENCES

CE01 - Know the tasks and responsibilities of the Board of Qualification, Valuation and Export of Goods of the Spanish Historical Heritage.
CE02 - Know business management in the art market
CE03 - Knowledge of the deontological codes of the good trade of artistic and collectible goods.
CE04 - Ability to catalog artistic and collection goods and their subsequent management
CE05 - Know the state of artistic pieces and collection goods after their restoration and subsequent management in the art market
CE06 - Ability to recognize the most profitable and appropriate intermediaries, media and sales methods for each of the artistic and collectible goods based on current legislation.
CE07 - Ability to identify the legal risks of purchase and investment of certain artistic and collectible goods.
CE08 - Analysis of legislative restrictions on the circulation of artistic and collectible goods.
CE09 - Ability to identify crimes that affect Historical Heritage: looting, looting, forgery, etc.
CE10 - Ability to analyze and apply legal regulations to investment in artistic and collectible goods; regulations on money laundering, returns, etc.
CE11 - Ability to analyze international regulations on protection of Historical Heritage, international regulations on protection of World Heritage; UNESCO, as well as the ability to analyze the functioning of international artistic and collection goods markets based on the legislation of each place
CE12 - Ability to use and knowledge of current techniques and methods for detecting counterfeit art and collection goods. It includes the study of counterfeits and copies that have appeared in the history of the art market, their impact and responsibilities.
CE13 - Ability to analyze legislation on copying and counterfeiting of artistic and collectible goods.
CE14 - Ability and knowledge of the rules and patterns of action of the Spanish state in terms of acquisition and purchase of artistic and collectible goods.
CE15 - Ability to analyze the rules and regulations derived from Law 16/85 or the Spanish Historical Heritage Law, relating to the market for artistic and collectible goods.

Admission and enrollment

Admission:

The requirements for access to the proposed title are according to article 18, of Royal Decree 822/2021, of September 28:

Possession of an official Spanish Graduate or Graduate university degree or equivalent is a condition for accessing a Master's Degree, or, where appropriate, having another University Master's degree, or titles of the same level as the Spanish Bachelor's or Master's degree issued by universities and higher education institutions in an EHEA country that in that country allow access to Master's degrees.
In the same way, people in possession of titles from educational systems that are not part of the EHEA, which are equivalent to a Bachelor's degree, will be able to access a Master's Degree in the Spanish university system, without the need for homologation of the title, but verification by of the university of the level of training that they imply, as long as in the country where said title was issued it allows access to university postgraduate level studies. In no case will access through this route imply the homologation of the previous degree held by the person concerned or its recognition for other purposes than that of carrying out the Master's degree.

Recommended requirements

The Master's Degree in Art Market Management is aimed at university graduates with a broad and diverse profile, ranging from students with a clearly humanist bias (graduates in History, Art History, Fine Arts and Humanities), to students trained in finance, business, law and financial advice who want to channel their knowledge and experience towards the management of the Art Market and the knowledge of the sectors and agents in this type of assets (students of the Degree in Business Administration and Management, Degree in Economics and Degree in Law mainly)

Thus, the Master is aimed at those who, fulfilling the above characteristics, are also in one of the following situations, basically based on their academic and professional experience:

Graduates, graduates and recent graduates who want to improve or complete their training and their CV so that it is more accessible to achieve jobs in the company related to the contents of the Master.
Graduates, Graduates or Diploma holders who, having actively joined the company, wish to specialize in the training areas mentioned.
Students with professional experience in any of the different areas of heritage, art, artistic assets, their conservation, restoration and fraud, or financial advice, as long as they have a Bachelor's, Diploma or Graduate university degree.

Selection of applicants:

The selection of applicants, in the event that demand exceeds supply, will be carried out by submitting a standardized curriculum with the specific profile required, preferably graduates in Art History, History and Business Administration and a personal interview. by the director of the Master. The following criteria will be considered for selection:

Average grade of the Academic Record (60%)
Training courses related to the contents of the master's degree (30%)
English Language Accreditation B2 (10%)

Offer of places: 50 seats. If the minimum number of students envisaged is not reached in a course, the University may choose not to open the teaching group.

See admission and enrollment

Training itinerary

Master's Teaching Guides

ACCESS THE COURSE GUIDES OF THE DEGREE

Training Itinerary

Custom code	Subject	NUMBER OF ECTS	Semester	Type
627601	Sectors of the Art Market and its Management	6	1 º	OB
627602	Historical retrospective of collecting and management in the art market	6	1 º	OB
627603	Management of agents and means of distribution in the Art Market	6	1 º	OB
627604	Legislation for the protection of Patrimony in Commercial and Fiscal activities	6	1 º	OB
627605	Authentication and detection of counterfeits of artistic and collectible goods	6	1 º	OB
627606	Cataloging and Management of Artistic and Collection Goods	3	2 º	OB
627607	Appraisal and Appraisal of Works of Art: procedure and application	3	2 º	OB
627608	Analysis, Restoration and Conservation of Works of Art	6	2 º	OB
627609	Business Management of the Art Market	6	2 º	OB
627610	External Internships	6	2 º	OB
627611	Master's thesis	6	2 º	OB

Material resources

External Internships

The External Practices subject is a curricular subject whose main objective is to promote a comprehensive training of the student through the practical application of the knowledge acquired during the Master's degree, which facilitates direct contact with the professional activity and the opportunity to join the professional world with a minimum of experience. All practices are designed so that the students who participate in them acquire professional experience in real situations and conditions, applying the knowledge, skills and attitudes that are acquired in the training processes throughout the degree. The internships represent a decisive opportunity for the personal development and professional future of the students.

Internships are activities carried out by the student in companies, institutions and organizations; that is, in centers outside the university premises, which aim to enrich and complement their university education, while providing them with a deeper knowledge about the skills they will need in the future.

The External Practices subject will consist of two phases.

First. Completion of the internship period that offers professional experience related to any of the profiles that are expressed in the Verification Report of the degree.

Second. Preparation of memory.

Documentation:

Degree Training Project

For more information: External Internship Unit

Social Security contributions for interns starting January 1, 2024

Mobility programs

University Master's degrees, due to their duration and characteristics, in general do not specifically contemplate the mobility of their students. However, the Rey Juan Carlos University has different mobility programs for both students and University workers (PDI and PAS) and has procedures for collecting and analyzing information on these mobility programs. The management of all the mobility programs of the University is centralized in the Office of the Vice President for International Relations and any student of the University can participate in them.

URJC Mobility

Regulation

STUDENTS

COEXISTENCE REGIME

Coexistence Regulations of the Rey Juan Carlos University for the Development of Law 3/2022, of February 24, on University Coexistence, approved by Agreement of March 30, 2023, of the Governing Council of the University

SCHOOL INSURANCE

School Insurance

ASSOCIATIONS

Regulation student associations

Quality guarantee

RUCT link

BOCM Link

Internal quality assurance system

Manual of the Internal Quality Assurance System

Composition of the commission

Results report

Once the monitoring of the Master's Degree has been carried out, the most relevant quantitative information on the results obtained in the monitoring of said Degree is displayed, differentiated by academic year.

Report by course:

General information collection plan

Within the quality assurance system of the Rey Juan Carlos University, the following surveys are planned:

- Student profile

- Teacher evaluation

- Degree of satisfaction:

Of the students
of the graduates
From the Faculty
Administration and Services Staff

- Labor insertion

- External internships:

Satisfaction of interns
External tutor satisfaction
Employer satisfaction

Survey results:

Improvement actions

The Quality Assurance System of the Rey Juan Carlos University establishes that the degree's Quality Assurance Commission will annually analyze the information derived from the degree's indicators and prepare a report that will include improvement plans if the results so indicate.

Renewal of accreditation

The renewal of the accreditation represents the culmination of the implementation process of the official Bachelor's and Master's degrees registered in the Register of Universities, Centers and Degrees (RUCT). The renewal of the accreditation of official bachelor's and master's degrees is organized in three phases: self-assessment report, external visit and final assessment.

In the first phase, the university describes and assesses the status of the degree with respect to the established criteria and guidelines. The result is the Self-Assessment Report (IA) that is presented. The second and third phases are carried out by a group of evaluators external to the evaluated title.”