Course description
This course is taught in Korean.
Fine art has been increasingly marketed, collected, and valued as a financial asset.
This introductory course will explore the various financial positions possible in today’s international art market, including direct purchases, art funds and art exchanges, as well as art lending and the creation of private foundations.
Participants will be asked to consider ethical implications deriving from the “financialization” of art and to develop their own perspectives on the relationship between art and commerce. These considerations will inform discussions about art investment -especially speculative-, as well as current and future regulation of the largest global art markets. This course will include case studies that address art market trends, including the advent of new digital platforms, and will introduce basic art and financial market tools and vocabulary to assist participants in comparing differing expert positions and reviewing market data. Each course module is taught by an industry expert and all together students will be exposed to a variety of voices from exceptional professionals in the field.
Upcoming start dates
Suitability - Who should attend?
For successfully completing this course, you receive a verified Certificate of Completion from Sotheby’s Institute of Art as well as 7.6 IACET Continuing Education Units. *
Our digital certificates allow you to share new skills with various social media platforms, including LinkedIn. Successful completion is defined by each instructor in the course syllabus and consists, at the least, of regular, thoughtful participation in online activities and timely submission of assigned papers or projects.
*As an IACET Accredited Provider, Sotheby’s Institute of Art offers IACET CEUs for its learning events that comply with the ANSI/IACET Continuing Education and Training Standard.
Training Course Content
Week 1: Explore art market structure, history, and key art business models.
Week 2: Understand financial markets, both historically and today, while exploring risks and investment portfolio diversification.
Week 3: Learn how to be an effective player in the art market through analyzing market components and pricing structures.
Week 4: Examine art as an asset and the basic concepts of market indices.
Week 5: Understand the risks and rewards of art funds and art related investment vehicles.
Week 6: See how new technologies and digital platforms are affecting the future of art and finance.
Course delivery details
Award-winning online course
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Sotheby's Institute of Art
Sotheby’s auction house was founded in 1744 when Samuel Baker, an entrepreneur, occasional publisher, and successful businessman held his first auction. Today at Sotheby’s Institute, we emphasize a keen understanding of an object’s value and history, a spirit of inquiry...