Close Request Information
Back to Summer Institute


This exciting course provides students with an intensive introduction to the ever-changing global art market and the individual sectors which comprise it, whilst promoting an appreciation of how these sectors perform under varying economic conditions. Structured around a season of prestigious summer sales at Sotheby’s, the course provides students with an insight into the mechanics of the leading auction houses and the art world as a whole. With the help of Bond Street experts students explore the preparation and organization of major Sotheby’s auctions, how the quality and value of objects are assessed and validated, and they learn to interpret the results of specific sales as they happen.
The course also includes a diverse schedule of visits to galleries, museums and historic buildings which aims to promote an enhanced understanding of the aesthetic and financial value of an array of art objects.

The course is introductory and requires no prior knowledge of the field. It is ideal for participants with a love of art who are seeking an understanding of the art world. Students are taught by a range of experts in various fields related to the art market. Meeting mornings and afternoons four days a week, the teaching includes a full program of lectures, seminars, workshops and visits. The course emphasizes object-based learning, enabling students to gain confidence in evaluating different art objects. Students develop their visual and critical abilities whilst enhancing the commercial skills that are essential for working in the art world.

The Details
  • Course Dates

    Course Dates

    Session 1: June 3 - 28, 2019 – Session Closed
    Session 2: July 1 - 26, 2019 

    Typical hours: Monday-Thursday, 10am – 4.30pm

    Enrollment for this course is now closed. Please write to if interested in our 2020 summer program.
  • Faculty


    Jeffrey BolotenCourse Leader, Semester Program, London

    Melanie FascheMA Art Business, Co-leader Summer Study, London
  • Sample Topics And Suggested Reading

    Sample Topics And Suggested Reading

    Sample Topics

    • Sotheby’s and the art market in London

    • The Modern and Contemporary art market

    • Impressionist and Modern Art sales

    • Researching the art market and using art market databases

    • Valuing art

    • Ethical and heritage issues in the art market

    • Legal and business issues in the art world

    • Emerging markets and art as an investment asset

    • The auction process

    • Classical antiquities and the art market

    • Art funds

    • Art collectors

    • Curating and promoting exhibitions

    • Taxation issues in the art world

    • Wine at auction – investing in pleasure

    Suggested Reading

    • Adam, G. (2014) Big Bucks: The Explosion of the Art Market in the 21st Century (Lund Humphries)

    • Degen, N. (ed) (2013) The Market (Documents of Contemporary Art) (Whitechapel Art Gallery)

    • Findlay, M. (2014) The Value of Art: Money, Power, Beauty (Prestel)

    • Robertson, I. (2016) Understanding Art Markets (Routledge)

  • Credits And Assessment

    Credits And Assessment

    Academic Credits
    Four-week summer courses are validated by The University of Manchester. Students completing one four-week Summer Study course are awarded 20 University of Manchester undergraduate credits. 

    Students are assessed by a slide test, written art market report and oral presentation. These are intended not only to assist students in their understanding of the subject matter of the course but also in developing a range of skills useful for work in the world of the art market.
  • Visits And Field Trips

    Visits And Field Trips

    London is a major player in the global art market. A variety of faculty-led visits to museums and galleries forms an integral part of the learning experience.

    Sample venues:

    • Tate Modern

    • Greenwich (Royal Naval Hospital and Queen’s House)

    • Saatchi Gallery

    • British Museum

    • Riflemaker Gallery

    • Sotheby’s Auction House

    • The Wallace Collection

    • Colnaghi Gallery

    • Hoxton Gallery

  • FAQ


    Click here to read Summer Study London FAQ.
  • Course Fees

    Course Fees

    £5,000 for 2 4-week courses

    Click here to read Terms and Conditions.
  • Further Information

    Further Information

    For further information, please contact: or Request Information
    Tel: +44 (0)20 7462 3251

Have a Question?

Provide your contact information and we’ll send you more information about our courses.

Continue Exploring

Site Visits Accommodations Student Support Request Information Student Stories FAQ