Claremont Graduate University has consolidated two of its existing programs into a new Center for Management in the Creative Industries (CMCI), school officials announced.

The new program combines the school's current art business and arts management programs into one single center for graduate business and management education dedicated to the creative industries, The Daily Bulletin reported.

"The creation of the CMCI marks the next phase of the Drucker School's focus on management challenges and opportunities that are specific to the creative industries and the creative economy more generally," Larry Crosby, dean of the Drucker School of Management, said in a statement. "By combining the expertise at the Drucker School, the Getty Leadership Institute, Sotheby's Institute of Art, and our colleagues at CGU's School of Arts and Humanities, the CMCI offers something unique in the fields of business, management, leadership, and creative enterprise."

The center, which is a collaboration between Sotheby's Institute of Art and Claremont Graduate University's Drucker School of Management, School of Arts and Humanities, and Getty Leadership Institute, brings together core values and a unique philosophy about leadership and management in the arts. Convening key partners, distinguished faculty, and industry professionals, the CMCI provides management education and privileged access to students who aspire to success in the creative fields -- as makers, producers and leaders.

"In combining art business and arts management, two of our transdisciplinary degree programs, the CMCI is only the most recent demonstration of CGU's ongoing commitment to inter- and transdisciplinary intellectual research and practice," Patricia Easton, professor of philosophy and co-director of the transdiciplinary studies program, said in a statement. "With the CMCI we have a framework to take the lead in providing an elite managerial and leadership education to students passionate about the creative industries, and to develop further cutting-edge curriculum and programs for the benefit of the entire Claremont academic community."