The phrase “made in China,” once anathema to luxury brands for its suggestion of counterfeiting, is acquiring new meaning in the context of professional education.

Beginning in September of 2011, Skema Business School , which is among the largest of France’s Grandes Écoles, will offer the degree of master of science in luxury and fashion management at its Suzhou campus in China.

The yearlong program includes a compulsory three-month internship at an Asia-based firm and is designed to combine French managerial experience with China’s tradition of fine craftsmanship with valuable materials like silk and porcelain.

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