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The Art Business Certificate

Module 2 – The art Market
£1,000.00 £2,000.00

The Art Business Certificate

Module 2 – The art Market
£1,000.00 £2,000.00

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Virtual Course

Decoding the Contemporary Art World: Your Guide to the Art Market

This course will examine the major facets of the art world and break down the essential functions. 

Overview Schedule Additional Information
Overview

Overview

The art world is a unique and perplexing mechanism to navigate. This course will examine the major facets of the art world and breakdown the essential functions—both the power and responsibility—of major auction houses like Christie’s; Museums, large and small; dealers and gallerists; collectors/philanthropists; critics; and the increasingly powerful roles of artist, art advisor, influencer and publicist. While art history surveys provide the important art historical methodologies, this course will explore the environment in which art is created, exhibited, collected, and commercialized. Lectures will be supplemented by a roundtable discussion with professionals in each field.

For the final session, Rebecca Taylor will moderate a roundtable discussion with key players in the contemporary art world. Students will have the opportunity to ask questions about the state of the market and navigating the art world today. 

 

Learning Outcomes: 

  • Gain a comprehensive understanding of the ecosystem of the contemporary art world 

  • Learn about stakeholders and power players in the art world today including artists, collectors, gallerists, curators, critics, and more 

  • Map the institutional structure of the art world by learning about the roles of museums, auction houses, art fairs, and digital spaces 

     

Course Topics

  • Introduction to the Ecosystem
  • Artists
  • Dealers / Gallerists
  • Private Collectors
  • Auction Houses
  • Art Fairs
  • Museums (Directors, Curators & Boards)
  • Critics, Publicists & Influencers
  • Art Advisors, NFT/Crypto Markets & Other Changing Tides 

  

Academic Profile

Rebecca Taylor 

Rebecca Taylor has dedicated her life to the arts, in professional leadership capacities at MoMA PS1, the Getty, MOCA, and other arts organizations, as well as in her personal life as a patron and council member of the Tate, Guggenheim, MoMA, Royal Academy, and numerous other arts organizations. 
 
Professionally, Rebecca utilizes her extensive experience in the art world to advise clients — including museums, galleries, art fairs and luxury brands activating in the arts — on major strategic issues facing their organizations during these challenging times. Utilizing her deep understanding and expertise in the arts, Rebecca audits brands (internally and externally) and develops bespoke solutions to address their specific challenges, as well as strategic recommendations and holistic strategies for achieving their short and long-term objectives efficiently and effectively. 
 
Prior to launching her own consultancy, Rebecca worked as EVP of FITZ & CO, a strategic communications and marketing firm specializing in arts + culture. In that capacity, she spearheaded global strategies and international campaigns for the agency’s clients, including Alserkal (Dubai); Almine Rech; ARoS Museum (Denmark); Art Basel (Basel | Hong Kong | Miami Beach); ART021 (Shanghai); BMW Group Culture; Faurschou Foundation (Beijing | Copenhagen | NYC); Saudi Art Council; Sharjah Art Foundation; and Smithsonian’s National Portrait Gallery (Washington, D.C.), among others. 

 

Any Questions?

Click here to send us an email if you have a question regarding the course

 

 

 

Schedule

Schedule

Session 1: Introduction to the Ecosystem 

In this initial session, we’ll focus on introductions, initial questions and establishing a broad overview to the ecosystem and the entities that will be introduced in greater depth in subsequent weeks.

 

Session 2: Artists 

In this session, we’ll examine the ‘role’ of the artist within the art world ecosystem. We’ll explore artistic fame historically– myths, cult of personalities, etc, that led certain artists to become more well-known than others. We’ll explore the difference between critical reception and market success, as well as how/why artists’ perceived ‘power’ within the art world has grown in recent years. 

 

Session 3: Dealers / Gallerists 

In this session, we’ll explore the emergence of the ‘gallerist’ in the 19th century and the importance of figures like Durand-Ruel, Ambroise Vollard, and others in marketing impressionism and modernism to America. We’ll then explore how the role evolved in the 20th century with masterminds like Leo Castelli, and later Larry Gagosian, ultimately giving way to the age of the mega gallery and the closure of many midsize galleries. 

 

Session 4: Private Collectors 

In this session, we’ll explore the role art patronage has played historically (the Catholic Church in Italy, the various monarchs in much of Europe, etc.), as well as key 20th century collectors (Peggy Guggenheim, Gertrude Vanderbilt Whitney, Isabella Stewart Gardner, and others) who left an indelible impact on the arts through their collecting and philanthropy. We’ll explore the role of the collector today, and the power of people to shape markets for young and emerging artists. 

 

Session 5: Auction Houses 

In this session, we’ll look at the increasing dominance of auction houses in the art market – which houses are dominant, who the power players are within each house, the hierarchy of regional and thematic focuses, recent auction results/news/scandals, prominent collections coming to auction soon, etc. 

 

Session 6: Art Fairs 

In this session, we’ll examine the role of the art fair in the art market and how that has evolved from the advent of the first fair in 1969. We’ll define and discuss regional art fairs (Seattle Art Fair, Dallas Art Fair, etc.); specialized/thematic art fairs (Outside Art Fair, 1:54); and of course, global art fairs (Art Basel, Frieze). 

 

Session 7: Museums (Directors, Curators & Boards) 

In this session, we’ll look at the contemporary art museum – its role in shaping the Modernist Canon (MoMA) and its waning, but still important participation, in anointing the next generation of art world stars. We’ll discuss some of the major issues facing museums today such as an aging donor base; criticisms over performative diversity, equity and inclusion programs; protests against the perceived ‘dirty money’ of board members like the Sacklers, Warren Kanders, and the Russian oligarchs, as well as corporate sponsors like BP. 

 

Session 8: Critics, Publicists & Influencers 

In this session, we’ll learn about the important critics who shaped the modernist canon; the importance of critics like Roberta Smith in ascribing language to Minimalism and subsequent movements; and the changing field – indeed what many believe to be the decline—of arts journalism. We’ll also explore the rising importance of social media influencers in the art world, in shaping public interest in artists, as well as the increasing power of the publicist in shaping the narrative/messaging around the arts. 

 

Session 9: Art Advisors, NFT/Crypto Markets & Other Changing Tides 

In this session, we’ll explore the new prominence of the art advisor in the art market, as well as the advent of the NFT marketplace. We’ll discuss any remaining questions from previous sessions and speculate together about changing tides and new trends we are observed in the art world. 

 

Session 10: Roundtable Discussion 

For this final session, Rebecca Taylor will moderate a roundtable discussion with key players in the contemporary art world. Students will have the opportunity to ask questions about the state of the market and navigating the art world today. 

Additional Information

Additional Information

Read our Frequently Asked Questions to find out more information about courses.

  

About Livestream Courses

All virtual courses are delivered over Zoom with high quality sound & video. There will be an interactive Q & A with the academic as well as time for a group discussion through the lecture.

Recordings will be available to watch with unlimited playback for 14 days. Registrants will receive the viewing link following the class.

 

Contact us

For any queries about this course please contact

New York Courses Department

+1 212 355 1501

Email: shortcoursesus@christies.com

 

Register

USD $980

Tuesdays
September 13 - November 15 2022

13:00 - 14:30 EST
18:00 - 19:30 BST

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