International University of Monaco
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About Us

About Us

Mission Statement

  • IUM educates highly skilled and responsible business leaders from all over the world in the fields of high-value activities particularly in Luxury, Hospitality, and Financial Services.
  • IUM offers outstanding teaching in its small, connected, stimulating, cross-cultural environment fostering an entrepreneurial spirit, collaborative work, and mutual understanding among students, faculty and staff.
  • IUM stands for educational quality through research devoted to the advancement and dissemination of management knowledge in high-value activities to improve managerial practices. It conducts its research activities in close connection with the local and international business community, encouraging innovation, corporate social responsibility, and sustainable development.
  • IUM contributes to the internationalization of the academic institution to which it belongs, Groupe INSEEC, and to the Principality of Monaco¹s attractiveness and dynamism.
Mission statement

Vision Statement

  • To be recognized locally and internationally as a reference in the business and academic network community in the area of high values services activities and especially Luxury Management, Hospitality and Events Management, and Financial Services for education at the graduate and postgraduate level, and for research.
  • To be a significant actor in the promotion of Corporate Social Responsibility and Sustainable Development in Luxury, Hospitality and Financial services.
  • To contribute significantly to the attractiveness of the Principality and to be a flagship institution in the Principality.
  • To prepare and train highly sought practitioners in Luxury, Hospitality and Financial Services, hired at graduation and to establish an influential and active alumni network contributing to the firms in the area of Luxury, Hospitality and Financial services.


This Ethics Policy is binding upon the entire University community: members of the teaching, administrative and technical staff, the student body, and all other stakeholders.

Statement of Ethical Values

IUM’s four core values underpin our institution:

  • EXCELLENCE - We will continuously strive to nurture a culture of excellence in everything we undertake.
  • INTEGRITY – We will be fair and honest in our dealings with and on behalf of the University.
  • RESPECT – We will respect the rights, dignity, views and property of others.
  • RESPONSIBILITY – We will be individually accountable for all our decisions and for our conduct in compliance with all applicable laws, regulations and University policies.

Code of Ethical Conduct

In fulfilling the University Mission and in respecting our ethical values, we commit to:

  • Uphold the highest standards of intellectual honesty and integrity in learning, teaching, research and community service.
  • Treat everyone, regardless of level or circumstance, with dignity and respect.
  • Maintain open and truthful communications.
  • Avoid all forms of violence, intimidation or conduct that in any way interferes with the freedoms and rights of others. More specifically: Refrain from all sorts of sexual or psychological harassment and any sort of discrimination on social, gender, racial, religious, ethnic, sexual, or any other grounds.
  • Foster cross-cultural understanding, and value and embrace diversity of all kinds.
  • Respect and preserve the quality of all academic facilities and public space.
  • Respect and preserve the university computer facilities and use them in an ethical and legal manner as stipulated in the university IT charter.

Failure to comply with these standards of conduct will subject an individual to disciplinary action and/or dismissal from the University.

IUM has developed a teaching philosophy based on five learning principles:

  • Individual attention: Interactive learning, online support, and small classes accommodate a variety of learning styles, with timely formative feedback reinforcing the learning process and personal development.
  • Balance of theory and application: With both academics and professionals using innovative teaching techniques and online technologies based around lectures, case studies, group projects, and business simulations, students are readily able to apply management theories and models in real life settings.
  • Active learning: Professors create a dynamic, interactive, hands-on learning environment that encourages and expects active engagement from students. Case studies, class discussion, debate, and online forums are commonly used across the curriculum to enhance students’ analytical, creative and problem-solving skills.
  • Cooperative and collaborative learning: Regular group projects allow students to apply their knowledge to new situations while developing their skills in leadership, communication, and teamwork.
  • Multicultural learning: Building on the cultural diversity of the student body and faculty, students learn to respect cultural diversity and to negotiate and capitalize on the richness that different perspectives bring to management decisions.

IUM is committed in Responsible Management Education and Sustainable Development

Monaco Business School International Memberships

The International University of Monaco is a member of the PRME, Principles for Responsible Management Education.

The PRME is a voluntary engagement platform for business schools and management-related academic institutions. An academic institution that signs on to the PRME expresses its conviction that academic institutions, through integrating universal values into curriculum and research, can contribute to a more stable and inclusive global market and help build prosperous and thriving societies.

IUM PRME 2015 report

IUM PRME 2013 report

Inspiring the Global Generation

Why IUM?

The Monaco Business School at the International University of Monaco (IUM) develops successful and thoughtful leaders and entrepreneurs.

We are the only university which provides a business education fully taught in English on the Cote D'Azur. With 60 nationalities represented in the student body and faculty, it is the premier institution for higher education in the Principality of Monaco.

About us - ium

We pride ourselves on our small class size, where students receive individual attention in their academic endeavors. There is a high-level of interactivity between professors and students, and we encourage creative thinking.

We encourage students to go beyond the theories and data taught in the lecture hall by using the skills learnt in real world situations. This allows them to develop strong analytical and cognitive skills which provide them with a foundation for their development as successful business people.

Students learn in a thoroughly multi-cultural environment, which brings together people from all over the world to share ideas,

change lives and create opportunities on a global scale. Our students take with them a sense of who they are in the world of commerce, and pride in themselves as confident business people and entrepreneurs of tomorrow.

Monaco is one of the top centers for business in Europe, as well as being renowned for being a safe environment. Our students graduate with the business skills, practical experience and personal development that will serve them for life. It is our mission to inspire the global generation.

We invite you to visit us, meet current students and faculty, and attend a class.

We look forward to meeting you and answering any questions you may have about the International University of Monaco.