This course will introduce you to the key concepts and the important developments found at the intersection of finance and the art world. Commencing with an introduction to the overall art market framework, you will examine art funds, art as an alternative investment, art backed loans and art as part of wealth management services. The course discusses important auctions from the Old Masters to contemporary art and sales including works by Raphael, Oscar Murillo and Jeff Koons. In addition, the core principles underlying art pricing, art valuation, and proper due diligence are explored in detail. By the end of the six week course, you will be familiar with art finance structures and will have critically assessed these structures’ successes and failures.
By the end of this course:
- You will understand how art works as an investment asset.
- You will examine and interpret finance trends in the art market.
- You will gain insight into key concepts through significant case studies.