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Master of Fashion Management [MFM] - Course Overview

  • STREAM

    DESIGN

  • DURATION

    2 YEARS

  • COURSE

    Fashion Design

  • COURSE TYPE

    Post Graduation

Updated On - December 2nd 2017

Master of Fashion Management [MFM] Top Colleges, Syllabus, Scope and Salary

Master in Fashion Management [MFM] is a two year course. Eligibility for the course is Undergraduate Degree from any Institute / University recognized by law in India.

Admissions for such course are on the basis of counselling after clearing entrance tests like NIFT-MFM and other depending on the colleges. The tuition fees by average for Master of Fashion Management [MFM] comes between INR 2 Lakh to INR 4 Lakh for the span of two years.

Top Institutes offering Master in Fashion Management are:

Major Job profile and designations for these graduates are Graphic Designer, Illustrator, Personal Stylist, Show Room Sales Representative, Technical Designer, Graphic Designer, Technical Designer, Cutting Assistant, Costume Designer, Fashion Coordinator, and Fabric Quality Control Manager Etc.

Graduates with this degree have opportunity for the industries like textile mills,  technology solution providers home furnishing companies , design BPO's, large retailers, Brand marketers, manufacturers, consultancy organizations, e-retailers, International Brands and Startup firms.

The average salary for Master of Fashion Management [MFM] graduates is around INR 3 Lakh to INR 20 Lakh but this can be higher on the basis of experience and other factors.

Master of Fashion Management [MFM]: Course Highlights

Listed below are some of the major highlights of the course.

Course LevelPost Graduate
Duration2 years
Examination TypeSemester System
EligibilityUndergraduate Degree from any Institute / University recognized by law in India
Admission ProcessBased on counselling after clearing Entrance Tests like NIFT-MFM for different colleges.
Course Fee8,000 INR to 1.3 Lakh INR for three years
Average Starting SalaryRs. 2 to Rs. 10 lacs per annum
Top Recruiting Companiestextile mills, technology solution providers home furnishing companies , design BPO's, large retailers, Brand marketers, manufacturers, consultancy organizations, e-retailers, International Brands and Startup firms.
Job PositionsGraphic Designer Illustrator Personal Stylist Show Room Sales Representative Technical Designer Graphic Designer Technical Designer Cutting Assistant Costume Designer Fashion Coordinator Fabric Quality Control Manager.

Master in Fashion Management [MFM]: What is it about?

To groom the students in the field of fashion management, significant pedagogy used ranging from case method, role plays, presentations, group assignments, seminars, symposiums, and talks along with regular industry interface. The fusion of marketing and merchandising in a unique manner with a strong management orientation in the programme creates a versatile manager for the global fashion industry.

The objective of the two-year "Master in Fashion Management (MFM)" Programme, is to develop managerial and leadership skills for building competitiveness of the fashion industry. The objective is also to equip young talent in the areas of marketing, merchandising, retailing, supply chain management, and garment exports in order to meet the specific skill needs of the industry.

Current and future managers are required to detect and even predict these macro-trends, to define and implement imaginative solutions, to prosper in the fast-paced world of fashion. Students will become increasingly familiar with the language and rules of the fashion system. They will be guided to set and perform smart research projects, grow an analytical approach, make informed decisions, develop creative and financially sustainable strategies, where the brand image matches the definition of the distribution channels and the brand/product portfolio. Students will be challenged to present their proposals through convincing written and visual formats.

Graduates will also develop the necessary skills to become self-employed and build their own companies.

The objective of the program is to prepare future managers of fashion companies, who will be able to deal with competitive global environments, and to promote the exchange of experiences and best practices in the international fashion arena.

Top Institutes Offering Master of Fashion Management [MFM]

Name of InstituteCity Fees
National Institute of Fashion Technology, BangaloreBangaloreINR 3.19 Lacs
National Institute of Fashion TechnologyDelhiINR 4 Lacs
Delhi UniversityDelhiINR 285,000
Amity School of Fashion TechnologyNoidaINR 1.47 Lacs
Indian Institute of Fashion TechnologyNew DelhiINR 1,57,000
Pacific UniversityJaipurINR 75,000

Eligibility for Master in Fashion Management [MFM]

Any undergraduate degree from the university or institute that is recognised by the law of India.

or

Undergraduate Diploma of minimum three years duration from NIFT / NID.

Master in Fashion Management: Admission Process

Entrance Test

Eligible candidates need to appear for the Entrance Exam conducted by the college based on marks obtained in qualifying examination (NIFT-MFM).

Group Discussion & Personal Interview (GDPI)

Shortlisted candidates will be called for Group Discussion and Personal Interview based on marks obtained in Entrance Exam conducted by the institute.

Final Selection

Candidates are selected based on entrance exam conducted by various institutes and performance in group discussion and personal interview.
Selection parameters and weightages:
Entrance Exam - 70%
GD and PI - 30%

Master in Fashion Management [MFM]: Syllabus and Course Description

SEMESTER 1SEMESTER 2
1. Basic Product and Manufacturing related Knowledge
2. Principles of Fashion Marketing, Merchandising and Management
3. Economic Analysis and Statistics
4. Information Technology
5. Minor Research Project
1. Marketing Research and Consumer Behaviour
2. Global Textiles and Apparel Product Market Characteristics
3. Retail Management and Advanced Export Merchandising
4. Quantitative Techniques and Operations Research
5. Management Accounting
SEMESTER 3SEMESTER 4
1. Marketing Strategies and Brand Management
2. International Marketing
3. Fashion Forecasting and Product Development
4. Financial Management and International Finance
5. Human Resource Management
6. Supply Chain Management
7. Customer Relationship Management
8. Visual Merchandising
9. Intellectual Property Rights
Involves Project

Master in Fashion Management [MFM]: Career Prospects

One can start their career in garment sectors like, manufacturing industries, designing garments and also in jewelry making, designing according to the trend and need of the customer. This field involves lot of creativity and analyzing people's mind set as it gets changed.

Leading National and International companies participate in placements to recruit NIFT professionals.

This was followed by Fashion Brands (20%), Designers / Design houses (19%), export houses / buying houses and agencies (16%).
Job Opportunities As,

  1. Graphic Designer
  2. Illustrator
  3. Personal Stylist
  4. Show Room Sales Representative
  5. Technical Designer
  6. Graphic Designer
  7. Technical Designer
  8. Cutting Assistant
  9. Costume Designer
  10. Fashion Coordinator
  11. Fabric Quality Control Manager.

Master of Fashion Management course has wonderful career options. A first important thing is, you can start your own business after completing your degree. MFM has many scopes with good salary package of 3.5 LPA to 6 LPA. 

Fashion management is one of the most lucrative, appealing, glamorous and exciting career options in today's world. 

The job profiles are-Fashion Consultant, Fashion Coordinator & Fabric Buyer, Design Promoter, Fashion Show Organizers, Sales Representative, Technical Designer, Pattern Make, Quality Control, Graphic Designer, Fabric Quality Control Manager, Apparel Production Manager.

Some of the popular professional avenues open to such graduates are listed below with the corresponding salaries offered for the respective positions.

Master of Fashion Management [MFM] annual salary
Job PositionJob DescriptionAverage Annual Pay Scale in INR
Fashion or Clothing DesignerClothing designers in the fashion industry create and assist in the production of men's, women's and children's apparel. They can be employed by design firms, retailers, performing arts companies or wholesalers. Frequent travel and long hours may be required. Creativity and talent as evidenced by a strong portfolio carry more weight with a potential employer than a formal education, but many designers enter the industry with an associate's or a bachelor's degree in a related major.8 to 9 Lacs
Fiber ArtistFiber artists create crafts, quilts, wearable clothing and fine textile art from natural and synthetic fibers and fabrics. Their work can be woven, sewn, knitted, crocheted or assembled in some similar fashion. A formal education is helpful but not necessary, and fiber artists can acquire the technical skills they need by taking individual classes, working with a mentor or enrolling in an associate's, bachelor's or master's degree program at a college, university or independent art school.3 to 4 Lacs
Retail BuyerFashion industry retail buyers select and purchase clothing that will be sold in stores to consumers. Those who are employed by large companies usually specialize in men's, women's or children's apparel, while buyers who work for smaller stores may choose and buy the entire inventory. Although it's possible to enter the industry with only a high school diploma, larger companies prefer buyers with a bachelor's degree in business or an applied science.10 Lacs
Textile designersTextile designers make decisions concerning the fibers, colors and patterns used to make fabrics for clothing, furniture and home wares. Appearance and function are both considerations for textile designers. Several undergraduate and graduate degree programs can prepare candidates for this career field, including textile design, textile design technologies and textiles management.4 Lacs
IllustratorMost illustrators are self-employed, running their own studios or working from home. Whereas graphic designers work on the bigger picture, like page layout, illustrators do more drawing, though there can be some overlap between the two, particularly when working for a smaller employer.3 Lacs
Fabric Quality Control Manager.This position requires a bachelor's degree in an industrial or scientific program of study, such as engineering or business administration, as well as work experience in manufacturing and production. Experience in an employer's specific industry may be required as well.9 Lacs
Fashion ConsultantsFashion Consultants convey professional fashion advice and recommendations to individuals, customers, or companies. They use their knowledge of trends and fashion principles in order to assist others in the realm of fashion.9 to 10 Lacs
Fashion CoordinatorFashion Coordinators set up a particular arrangement of dress for design occasions like photograph shoots, TV appearances, runway appearances, and other such occasions.6 Lacs
Sales RepresentativesSales Representatives offer retail items, merchandise, and ventures to clients. They work with clients to determine what they need, and ensure satisfactory fashion products. They are also responsible for identifying new potential customers, through professional resources, customer referrals, and so forth.7 to 8 Lacs