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Master in Finance, Private Banking & International Wealth Management

Program Objectives Program Design From Theory... Careers & Corporate Relations

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+ Tuition fees

Why a Master in Private Banking & International Wealth Management?

Meeting the investments and management needs of high net worth individuals

IUM has a long tradition of developing multicultural views on business dynamics. This Master exposes students to a cross cultural vision of wealth management needs and solutions, preparing them for international careers. This program, based in one of the most active hubs for private banking & wealth management services, offers unparalleled networking and career opportunities in Monaco.

International and local private banks are fully integrated in the courses conception in order to ensure that the curriculum meets the most current standards and expectations of the financial industry. The program Integrates project-based and practical learning, including guest seminars, financial conferences, supervised visits and hands-on field projects.

Marco Casella, Managing Partner, International Financial Advisor GC Group Capital, LL C "I like IUM for its international student base and its practical approach. I enjoy sharing my professional experience with the students, getting their feedback and points of view. I have been having an open dialogue with students helping them find professional opportunities based on their passions and skills. I particularly enjoy this open dialogue."

Program description

The Master in Finance – Private Banking and International Wealth Management has been devised to address the evolution of the wealth management industry. Most private banks are moving away from a product placement approach to tailor made solutions in order to address their clients’ needs. They seek well educated advisors with the ability to understand complex markets dynamics and to master the full spectrum of financial services and instruments.

The Master in Finance – Private Banking and International Wealth Management is designed to prepare highly skilled professionals with a strong business sense and work ethic who will make a positive contribution to the finance industry, making them desirable candidates for positions within private banks, asset management firms or family offices.

The Program at a glance

   Average class size of 23 participants from 16 different nationalities

   Practical activities include guest seminars, financial conferences, supervised visits and hands-on field projects

   Unparalleled networking and career opportunities in Monaco

   Renowned lecturers with industry specific backgrounds

• Full MFIN Course Descriptions

...To Practice

At the end of the academic year, the applied research project or the internship offer students the opportunity to apply the theory gained in the courses and to further develop their interests and competencies in a chosen field of specialization.

In their internship search, students are supported by all IUM faculty members and by the IuM Career Office, that provide them with information and guidance on the finance job market places and help them throughout the year to carefully prepare their applications in these competitive markets.

Senior Private Bankers or wealth Management Advisors have undoubtedly various backgrounds, profiles and various ways to develop and manage their portfolio of clients. This exclusive relationship with high end and "exceptional" clients means to combine a strong rigorous mindset with outstanding empathy skills that are not easily acquirable in a typical academic program.

For this reason, this master program has a strong focus on practical experience thanks to the interaction and participation of senior private bankers and wealth managers. Invited to present their selling methodologies and investment approaches during courses, those professionals are also keen on fostering students soft skills and guiding them in their career choice.

At the end of the academic year, the applied research project or the internship offer students the opportunity to apply the theory gained in courses and to further develop their interests and competencies in a chosen field of specialization.

Career opportunities

Careers combining people skills and a solid knowledge of complex markets dynamics.

The last financial crisis, the fast growing emerging markets and the permanent search for secure and innovative solutions have profoundly changed the wealth management industry. Developed in partnerships with well established institutions, the IUM Master in Private Banking & International Wealth Management is designed to fit their new needs for key competencies, combining a thorough understanding of complex financial schemes and strong relationship management skills.

IUM alumni are now working in famous Private Banks, wealth management boutiques and family offices, financial advisory companies, asset management / investment firms. The broad range of skills they acquired during this intensive and practical program enabled them to apply for positions as: Junior Private Banker, Real Estate investment manager, funds/ porfolio manager, financial advisor, tax planning officer...

Some of the companies where they have interned or are still working are:

American Express Bank Paris, Bank Julius Baer Switzerland, Bank J.Safra Monaco, Banque Populaire du Luxembourg, Barclays Wealth Geneva, Ing Bank Amsterdam, Merrill Lynch Monaco, BNP Paribas Private Bank , SocGen Private Banking Monaco, Credit Foncier Monaco, PriceWaterhouse coopers Brussels...

Talal Bessa, MFIN 2010 Junior Private Banker, Bank J. Safra "When we enroll, we all know that we’ll end up in a group of students with diverse educational and business backgrounds, but the richness of cultures, nationalities, and personal wealth in any given class is truly unique. In 2010, the five continents were represented in our class, students were coming from Colombia, Nigeria, China, the UK, Germany, Lithuania, Russia, Italy, Portugal, Canada, the US , the USA to name a few countries. We exchanged on our experiences and future strategies, our respective political and cultural background, and received valuable insight on one another’s field of expertise. Some people consider the small size of a university a handicap, I consider it a gift. When we study a technical field like finance, we sometimes need personal assistance and that is not possible in a class of 150 students. This Master of Finance at IUM is very challenging; so having highly knowledgeable professionals at our disposal was a gift."