You can get an idea of where your logo will go by looking at this test website:
Demo link: artmba.wpengine.com
It should look like a prestigious Arts University program.
Only text is OK, but if you can come up with a symbol to accompany the text that is
You may want to look at http://onecommune.com/ for the cleanliness of logo and font (but it does not need to be like that).
You may want to consider a logo image that looks like a shield (eg. Harvard style), or a canvas looked from behind split in four by the wooden frame, or something more abstract that hints towards artist tool/s.
You may want to look for inspiration in top MBA programs (https://www.insead.edu/), top Art Academies (https://www.florenceacademyofart.com/) and top Art Universities (https://www.rca.ac.uk/).
As such, university shield logo type makes sense, and so does prestigious fillings like gold or silver color for the borders of the shield.