New York City remains one of the main centers of the global fashion industry. According to the city government, the local fashion industry employs 180,000 people, accounting for 6 percent of the city’s workforce, and about 900 fashion companies are headquartered there.
Parsons School of Design offers a Master of Professional Studies in Fashion Management for students who want the business side of the industry. The program is a one-year, full-time, on-campus degree worth 30 credits. Parsons states that students entering in fall 2026 have no online option, so applicants should plan to study in New York.
The curriculum covers the business functions behind fashion: manufacturing, sourcing, marketing, merchandising, and the financial management of fashion companies. Students study value chains and business models used by established brands and startups.
Studying in New York gives students direct access to the employers, events, and professional networks concentrated in the city. The school’s location supports internships and projects with companies based in the local fashion district and beyond.
Prospective students should confirm current tuition, deadlines, and admission requirements on the official Parsons page before applying, since details can change from year to year. Graduates of business-focused programs often work in merchandising, product management, or entrepreneurship, and planning for continuing education helps keep skills current.

