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International University of Monaco IUM

Monaco, Principality of Monaco

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International University of Monaco IUM

Life in Monaco is a pretty unique experience. It is one of just three city-states in the world (together with Singapore and Vatican City) with a population of less than 40,000, making it one of the smallest countries in the world. There is no tax on earnings here, with the principality deriving most of its income from a VAT of 20% on goods and services. You can probably guess why one third of its residents are millionaires, yet, as you’ll find out, Monaco is so much more than the ‘Billionaire’s Playground’ that it has come to be known as.

Despite its small size Monaco attracts a huge number of visitors to its shores every year, making tourism one of the main drivers of the local economy along with the banking and finance sector. Underneath this economic backdrop lies the International University of Monaco. It is the only university in the principality and one that leverages its links with these prominent sectors to prepare its students for a career in the likes of luxury services, wealth management or investment. And with no income tax in Monaco, starting your own business is also a logical next step for many MBA graduates.

‘The Monaco MBA’ is rated as one of the Top 100 MBAs in the world by The Economist and ranked #2 for the percentage of graduates to receive a job offer within three months of graduation. The wide-ranging program, which can be completed in 10 months full-time or 20 months part-time, offers optional electives in the aforementioned specialisations of private banking, wealth management and luxury management. Regular conferences, seminars and events over the course of the MBA provide students with an unrivalled opportunity to meet, learn from and network with professionals in these sectors. MBA graduates have described applying to the International University of Monaco as the best decision they ever made – and you just might be saying the same in a few years time.


MBA Programs offered by the International University of Monaco IUM:

  • Executive MBA
  • Full-time MBA
  • Online MBA

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Frequently Asked Questions

What is IUM's experiential learning about?

At IUM, students are given the opportunity to apply their academic learning in a real business context outside of their day-to-day learning environment.
The experiential learning approach characterizes the entire curriculum, emphasizing applications, real world examples, and case studies.
This approach offer students the opportunity to work on concrete, topical challenges given to them by companies, and to be actively involved with relevant company executives in strategic decision-making and recommendations, usually during business competitions, internships, team-based projects, and study trips organized within the program.
 

Which are Monaco's MBA areas of expertise?

IUM’s MBA expertise lies in the fields of: luxury services, wealth management, entrepreneurship & innovation

Is IUM's MBA program accredited?

Yes, Monaco’s MBA program is internationally accredited by the Association of MBAs

And how about their rankings?

IUM’s MBA is ranked “Top 100 Global MBA program” by The Economist’s “Which MBA“- 2019 ranking

What's the Monaco MBA tuition fee?

For the academic year 2020-2021, the Monaco MBA program tuition fee is €37,500

In addition, students pay the Student Association Fee in the amount of 175€ and the IUM for Life Fee of 650€ that gives lifelong access to alumni services.

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