Luxury management is thought of as the study of specialized skills in communication, sales, hospitality, and business operations. This area of study will likely illuminate the necessary hard and soft skills to succeed in a career managing luxury brands.

Russia (Russian: Россия) is by far the largest country in the world, covering more than one-eighth of the Earth's inhabited land area. The former State Committee for Higher Education in Russia financed 240 universities, academies and institutes, making Russia a solid country to study in.

The MSc, or Master of Science, is an internationally recognized academic degree that indicates proficiency and knowledge of a given topic or field. Most MSc programs take about four years to finish, after which some join the workforce while others continue on in the classroom.