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MA Art Business

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MA Art Business

Fall 2022

Become an art business expert through the in-depth exploration of art markets and management.

MA in Art Business was the first program of its kind and our innovative curriculum continues to set the industry standard today. This MA offers a unique opportunity to study the art market right at the hub of the cultural and commercial art world: London. It provides students with an academic but highly practical understanding of those areas considered most important by art world professionals and employers: finance and management; law and ethics; and global art market dynamics. The MA in Art Business provides students with the necessary theories and skills to enable them to develop both a critical and practical understanding of art business. Students are also equipped with the necessary mathematical skills to enable them to engage in sophisticated financial analysis and business planning. Graduates of this program will thus emerge with the ability to place the art object within both its aesthetic and commercial context, and to discuss the legal and ethical implications of its historical provenance and current location.


  • Experiential learning Visits and international study trips are significant learning events, with the travel, seeing the art in situ and informal access to tutors serving to intensify the experience.

  • Unique and specific projects Curating, cataloging, marketing, and selling an art exhibition in St Ives art colony, Cornwall with Alicia Livingstone Gallery and a business project in collaboration with the Ashurst Emerging Artist Prize.

  • Renowned and inspiring speakers Previous speakers have included Sebastian Fahey (Managing Director for Sotheby’s Europe, Middle East and Asia); Anna Kuznetsova (MAAB alumna and Managing Director of A-Conscious Tech Dutch Art Investment Fund); Tot Taylor (Art Collector/Dealer and Former Curator of Riflemaker Contemporary Art, Soho); Kami Gahiga (MAAB alumna and African Art Advisor); and Patrizia Sandretto Re Rebaudengo (Italian Contemporary Art Collector, Foundation Director and Philanthropist).

  • Exposure to innovative techniques Gamification of art valuation strategies in collaboration with ArtTactic Forecaster for training students.

  • Privileged access to the Art World Privileged networking opportunities throughout the year with art world players including dealers, auction specialists, collectors, artists, art advisors, investors, art logisticians and art insurers.


David Bellingham

Program Director, MA Art Business, London

David Bellingham is an art historian, author and Programme Director for the Masters Degree in Art Business at Sotheby’s Institute of Art, London where he leads a core unit on The International Art World, Law and Ethics, as well as electives on The Market for Antiquities & Old Masters and Ethics, Law & the Art Trade. Learn more...

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MaryKate Cleary

Faculty, MA Art Business, London

MaryKate Cleary Is a London MA Art Business faculty with Sotheby's Institute of Art

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  • Academic Structure

    Academic Structure

    The Master’s degree is awarded for 120 taught credits across two semesters, as well as the completion of a 60-credit dissertation over the course of an additional semester. The first two semesters are intensively taught on three to four days per week. All students attend lectures, usually followed by a one-hour seminar. After seminars, students have access to tutors for individual instruction. In the first semester, Art Futures (15 Credits) brings students from different MAs together for an exploration of the art world of the future, with particular emphasis on technology, sustainability, inclusion and the politics of cultural property (restitution). In Professional Practice (15 credits) students are introduced to professional art world skills and career options and to a variety of research methodologies within the field of art business. During the program, specialist electives can be chosen from across all Institute Master’s programs, allowing a student to build a personalized Master’s profile. Students take two 15-credit electives across a variety of offerings for deeper expertise or to develop specialties. Core units (60 credits) for the Art Business degree include Art Business: Management and
    Finance and International Art World.

    For the MA degree, students must complete the 60-credit dissertation in their third semester. During this final semester there is no formal teaching, with students researching their dissertation topics under the guidance of individual supervisors.

  • Program Dates

    Program Dates

    October 2022 – October 2023
    This program is now closed.
    To join the waitlist or be notified when the Fall 2023 application opens, email

  • Tuition & Fees

    Tuition & Fees

    Note: Fees are subject to annual review
    Deposit: £3,000
    Semester 1: £9,450
    Semester 2: £11,950
    Semester 3: £5,800

    Deposit: £3,000
    Semester 1: £11,700
    Semester 2: £14,200
    Semester 3: £7,000
    *Circumstances that may entitle you to a “home” fee status include:

    • you have settled or pre-settled status under the UK’s EU Settlement Scheme
    • you are from the Republic of Ireland and living in the UK prior to December 31, 2020
    • you are British but live in the EU
    • you hold dual citizenship with the UK and live in the UK


    Travel Fee: £3,650*
    *Travel fees are indicative only and subject to change.
    Sotheby’s Institute of Art offers partial-tuition scholarships towards full program tuition to qualified domestic and international candidates. For more information on scholarship opportunities and tuition fees for the Master’s Degree or the Postgraduate Diploma, click here.

  • Frequently Asked Questions

    Frequently Asked Questions

    From visa information for international students to course credits, find answers on our FAQ page. If you don’t find the answer you’re looking for, contact an Admissions counselor.

  • Student Policies

    Student Policies

    Explore our library of academic and campus policies here. All students who enroll for graduate study must agree to the Terms and Conditions upon accepting their offer of admittance.