The course will prepare students for making healthy art investments by sharing important insights into the reasons for investing in art and the financial factors driving its demand, the pricing system and how art can appreciate in value to generate financial returns. Discussed are the intricacies of art loans and art funds as well as strategies for buying and selling on the primary and secondary art markets, including the financial complexities of the auction market and new opportunities, such as NFTs.
To gain a greater understanding of the rationale behind art investment and how it can be leveraged as an asset class.
To analyze art market trends and patterns over the last twenty years and determine how predictions are made to invest in art.
To comprehend the role of art funds, art loans, and technological innovations such as the blockchain in the art market.
Andrea Danese is a partner and co-founder of Artem Advisors LLC. Most recently, Andrea was co-founder, President & CEO of Athena Art Finance Corp. He co-founded the company in February 2015. Athena Art Finance is a specialty lender for the art market providing non-recourse financing against art as collateral. Lead investors in Athena were Carlyle Private Equity and Pictet Bank. The company was sold to Yield Street Inc. in April 2019. Over a 4 years period, Athena grew to be the leading independent lender in the art market with more than $250mm of assets originated and a market recognized innovative methodology to manage risk in a highly illiquid and opaque asset class like art.Read More
Day 1: Gain an in-depth introduction to the global art market and the basics of finance and investing in art, including key players and business models today. Join an art investment expert to explore the possibilities of fractional ownership.
Day 2: Delve further into art market transactions, including the value of art and the power players influencing the market. Explore legal and ethical issues with an expert on due diligence and gain a specialist insight into art and the financial services industry from an experienced dealmaker.
Day 3: Examine the characteristics of art as an art class and explore potential risks and rewards of art investment. Learn about the transformative power of data and the leading financial tools for investing in art and hear from an industry expert on art lending and portfolio diversification.
Day 4: Dive into the world of alternative art investments, exploring art funds, art loans, and other art-related investment vehicles. Explore the key characteristics and possible pitfalls of new options in asset diversification. Join an expert from one of the world’s largest private art funds and hear from leading specialists on investments in street art and digital assets, with a particular focus on NFTs.
Day 5: Look ahead by exploring new models in art and finance in an age of globalization. Join experts to consider the impact of emerging technologies, including blockchain and social media, and find out how machine learning and artificial intelligence are shaping the art market of the future.
Course participants take away in-depth and valuable insight into the current and future art world. Those who successfully complete their course will receive a certificate of completion from Sotheby’s Institute of Art.
Sotheby’s Institute of Art course participants come from all over the world, from a wide variety of backgrounds. As they study, travel, and explore the art world alongside each other throughout the program, fierce and long-lasting collaborations are frequently born. Individuals who complete these courses join our network of over 8,000 past participants around the globe who hold top positions at renowned art organizations.
We highly encourage participants with at least 3 years of post-graduate work experience for a smooth and successful course experience.
English Language Requirement
Course participants should be proficient in written and spoken English and be able to participate in group discussions and presentations in English. It is recommended that participants have the equivalent level of IELTS score of 6.0 /TOEFL score of 78 IBT, however evidence of test scores is not required to register.
Courses are open to participants 18 years of age or older.
For more information, please see our Terms and Conditions.