Taught course

Art Business - Los Angeles

Sotheby's Institute of Art · Art Business

Entry requirements

Applicants should demonstrate the following skills: The ability to perform at a postgraduate level, as indicated by academic achievement and recommendations. Knowledge of art history. This generally requires an undergraduate art history major or minor. In special cases, art-related work experience or exceptional exposure to art making and/or collecting will satisfy this requirement. (Applicants with insufficient art history background may be required to take coursework at the Institute or an institution of their choice that is approved by the Institute’s faculty.) The ability to speak, write and analyze required subject matter fluently in English.

Months of entry


Course content

Sotheby’s Institute of Art began its partnership with Claremont Graduate University in 2013, offering a three-semester MA in Art Business in collaboration with CGU’s Drucker School of Management. Building upon the Institute’s now more than 45 years of educating art market professionals, the Los Angeles partnership brings a new dimension to the study of the arts – both performing and visual – their markets, and the management of the firms, organizations and institutions charged with their flourishing.

The Los Angeles campus of Sotheby’s Institute of Art offers two Master’s Degrees: MA in Art Business and MA in Arts Management.

Both MA programs share a core curriculum, taught primarily in the first semester, which provides all students with a powerful set of highly transferable professional skills and a solid foundation in the business and management practices that are essential to successful careers in the world of art and culture. The core curriculum consists of strategy, finance, accounting, marketing, and law – the fundamentals of any elite business education.

The core curriculum shared by both MA programs leads to six different concentrations. In Art Business, the concentrations include Contemporary Art and Its Markets, East Asian Art and its Markets, and Latin American Art and its Markets (the only program of its kind). The Art Business program also includes a General Art Business track, which allows for the greatest flexibility in selecting one’s courses of study. In Arts Management, the concentrations include Nonprofit Management, Art Museum Management (offered in collaboration with the Getty Leadership Institute) and Arts Media.

Information for international students

The Institute does require an English language Proficiency Exam for non-native English speakers. We require the following exam scores for Masters and Certificate programs: IELTS level 7: TOEFL 100 IBT for the internet based exam.

Fees and funding

UK students
2016-17 tuition per semester: $25,552
International students
2016-17 tuition per semester: $25,552

Fellowships are awarded to select candidates on the recommendation of the Admissions Committee and the faculty and are based on merit. Fellowships are awarded in the form of a percentage tuition reduction.

Qualification and course duration


full time
15 months

Course contact details

Admissions Manager