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International University of Monaco


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DBA Program

At a Glance:

  • 3-year or 4-year program
  • Intake in October and in March
  • Online and Residential Weeks
  • Two Residential Weeks per year
The DBA is practitioner-oriented and designed to be of functional significance to the practice of management.

It could be oriented towards sustained theoretically-based investigation of the management field leading to novel re-considerations of existing work, or towards a purely research-based, original analysis and consideration of data and phenomena to correspond with similar research existent in the academic milieu.

The DBA degree intended to allow you to embark on careers as applied researchers, consultants, and senior corporate roles.

This thesis is composed of several compulsory components:

(i) A detailed introduction presenting the research, explaining the problem assessment, its managerial impact, and the structure of the thesis
(ii) Based on a solid academic bibliography, a literature review of the material you will use
(iii) A methodological structure and its application possibilities
(iv) An explanation of the empirical results obtained
(v) A conclusion including a generalization of the obtained results, insisting on the benefits for professionals and managers.

This DBA thesis preparation work will be evaluated periodically by your supervisor through presentations on the evolution of your research during research seminars, and at the end of your work through the defense of your thesis in front of a jury.

The defense will take place at the end of the program, the latter lasting from 3 to 4 years.

The best theses are to be submitted for publication in scientific journals as research articles.

The objective of this program is to produce a research paper, the DBA Thesis. This thesis is the result of personal work, guided by a supervisor as well as methodology and specialized seminars.

This research thesis deals with a problem assessment on a chosen topic, presenting a managerial issue relevant in today’s management practice.

For more information, please contact the Admissions office at admissions@monaco.edu

Year 1


  • Submission of a 1-page description of the planned research problem to be tackled
  • Study of the indicated literature on the Philosophy of Science and on The History of
  • Read 3 Research Articles from various fields (e.g. finance, economics, marketing) [provided Economic Thought by the DBA Committee]

On site November: Building the foundations of your research

E-lectures: “Foundations” and “Methods” courses

November – February:

- Theory of the Firm
- Data and Models

March – June:

- Introduction to Qualitative Methods
- The literature project

On site June: Methods for Developing your Research Proposal

June -November: Supervised Research

Year 2

On site November: Advanced Methods for your Empirical Research

November -June : Supervised Research

- Refinement of Research proposal
- Empirical work

On site June: Implementing your Research Findings

June – November: Supervised Research

- Work on Publications
- Submission to Journal with double-blind review process or Work on monograph

Year 3

On site November: Work on and Refinement of your Doctoral Research

November –June: Supervised Research

- Finalize empirical work and data analysis
- Further work on publications
- Write-up of research project synopsis or monograph
- Preparation of DBA presentation to supervisors

On site June: Presenting and Defending your Doctoral Research

Defense : End of November

Introduction to Qualitative Methods

This course will provide students with the tools needed to

  • select the appropriate qualitative method for their research work,
  • plan and execute high qualitative empirical work,
  • analyze the gathered data in the most informative manner and
  • present the findings in a way to gain acceptance of audiences.

Theory of the Firm

The course THEORY OF THE FIRM is one of the “Foundation Courses” in the IUM DBA Program. As such it requires a thorough knowledge of the “Development of Economic Thought”. Based on extensive readings from numerous classical economists the course provides the students with the intellectual fundament to better understand: Why do firms exist? What is their function, what determines their scope? How do markets work? What is the role of business in society? These are obviously important questions for both entrepreneurs and business executives who act as “strategists” in highly competitive local and global markets.

Data and Models

This course introduces classical descriptive and inferential statistics with a focus on random variables, common probability distributions, estimation, confidence intervals, and hypothesis testing. The course then focuses on the use of ordinary least squares (OLS) simple and multiple regression to model relationships amongst economic variables.

The course will finally introduce more advanced topics including time series analysis and panel data methods.

The course emphasis throughout will be on interpreting data, choosing appropriate models and methods, and on practical applications of the statistical methods.

The course relies extensively on use of the spreadsheet package Excel.

The Literature Project

This course serves the purpose of supporting the students in the development of their research proposal. The preliminary advisors will guide the students in their search for adequate literature, their selection of the theoretical approach, and in writing up their proposal.

DBA diagram

Alumni testimonial

Alexander Kern Alexander Kern, German, DBA 2013

The international University of Monaco provided me with an extraordinary academic doctoral education in a truly global Doctorate in Business Administration.

The DBA is a globally recognized academic doctoral degree, which prepared me to analyze complex tasks and ultimately conduct business in a fast changing environment on an international scale. Since that IUM is a melting-pot of different spirits, backgrounds and cultures, I appreciated the close collaboration, discussions, and pieces of advise from my professors and my fellow doctoral candidates.

Overall, the program was an incredible experience which I would not have wanted to miss for my career.

Eleftheria Egel Eleftheria Egel, Greek, DBA 2014

My DBA path has been a life changing experience as it offered me the possibility to take distance from daily repetitive work, contemplate and give shape and substance to an idea that had been close to my heart for a long time.

During this long scientific quest, IUM has been a fertile ground stimulating and fostering my intellectual and professional growth.