Monaco MBA – International University of Monaco
An Exceptional Journey for Global Leaders
Discover the MBA program at the International University of Monaco (IUM) — a postgraduate experience tailored for professionals eager to accelerate their careers and step into leadership roles in a truly international environment.
Set in the unique business ecosystem of Monaco, the program blends academic excellence with practical learning in business strategy, management, finance, and entrepreneurship.
Program Formats
Full-Time MBA: 10 months of immersive, on-campus learning in Monaco.
Part-Time MBA: 20 months, designed for working professionals, combining on-site and online courses to offer maximum flexibility without compromising quality.
All courses are taught in English, with synchronous learning ensuring that remote and on-campus students share the same interactive experience.
Career Opportunities – Graduate Job Statistics
Explore the employment landscape for our MBA graduates!
100% of graduates secured a position within six months of graduation, with 33% working in Monaco. 47% joined multinational companies, while 40% pursued entrepreneurial paths. These results highlight the strong placement success of our alumni. Discover the top companies actively seeking talent and the key roles our graduates are taking on across various industries.
What You’ll Achieve
By the end of the program, graduates will be able to:
- Analyze complex business challenges with a critical and strategic approach.
- Step confidently into leadership and management roles, supported by a solid understanding of key business areas.
- Make informed and effective decisions while considering the impact on multiple stakeholders.
- Communicate with clarity and influence, in both multicultural and digital environments.
- Work collaboratively within international teams, integrating diverse perspectives to drive innovation and results.
Why Choose the ‘MONACO MBA’
Experiential Learning: Real-world cases, group projects, and business consulting opportunities to immediately apply the skills you acquire.
Integrative Projects: Capstone project, business simulation, and entrepreneurial plan to tackle real challenges and develop practical solutions.
International Network: Leverage connections with companies in Monaco and beyond, across sectors such as finance, luxury, wealth management, marketing, and innovation.
AMBA Accreditation: A prestigious global recognition that attests to the program’s academic quality and professional impact.
MBA Delivery Modes: 10-Month Full-Time & 20-Month Part-Time
You can choose to take IUM’s MBA full-time or part-time. In the first case, the course is given face-to-face on the Monaco campus and lasts for 10 months. In the part-time option, the course lasts 20 months. Students who choose the part-time option can keep on working while studying.
Choose Your MBA Journey: Full-Time or Part-Time
MBA Career Coach
Caroline Frisenberg
5 reasons, why should you follow the “MONACO MBA” at IUM
- One of the key advantages of our MBA program is that you learn from Monaco’s unique expertise in luxury services, wealth management, entrepreneurship, and innovation.
- The program has a 10-month full-time or 20-month part-time options for working professionals, and may be completed on-campus or remotely / distant.
- It is accredited by the Association of MBAs, which pledges to uphold standards and promote innovation in worldwide postgraduate management education.
- An all-year Career & Personal Development Coaching and Mentorship Program is desinged for our MBA cohort.
- The MBA program is ranked 50th among the best 100 MBA programs worldwide by The Economist’s Which MBA? (2022 ranking)
If you are looking to grow, personally and professionally, through an immersive and multicultural experience in a unique learning and networking environment, then the Monaco MBA is for you.
Dr. Marika TAISHOFF
MBA PROGRAM DIRECTOR
MBA Program Description
The Master in Business Administration program at IUM, also referred as the Monaco MBA, is a post-experience Master level program designed for applicants who already have management experience in their hands. It prepares individuals for high-level management careers by immersing them in a truly multicultural learning environment and emphasizing the practical applications of management theories and disciplines. Earning an MBA in Monaco will allow you to expand your professional network in Monaco, since 5000+ enterprises are located within walking distance of our campus.
Our MBA is designed as a unified program that fosters seamless learning experiences for all students, whether they are on-campus or connected remotely. Through synchronous learning, both in-person and online students attend the same classes simultaneously, ensuring an equitable educational experience that encourages interaction and collaboration among peers.
At the International University of Monaco, we believe in providing an inclusive environment where all students have equal access to high-quality education and opportunities for meaningful engagement with their professors and fellow classmates. Our distinguished faculty members, renowned experts in their respective fields, are committed to delivering engaging and interactive lessons that inspire critical thinking and foster a collaborative learning environment.
Course Schedule
Our program’s course schedule has been updated for the upcoming academic year 2024/2025 to better serve our students. Going forward, classes will be held exclusively in the afternoons, from 1:00 PM to 5:15 PM, Central European Time. Elective classes, special events and webinars might take place after classes’ schedule.
Who can apply to IUM’s MBA?
IUM’s MBA is aimed at professionals who want to give a new impetus to their careers or who want to progress to positions of greater managerial responsibility. There is no standard profile for MBA students and we welcome students coming from different countries and very diverse backgrounds.The only requirements to be eligible for application are to hold a Bachelor degree and at least 3 years of professional experience.
Learning Goals and Objectives
After completing the Monaco MBA, graduates will:
- BE ANALYTICAL THINKERS AND INNOVATIVE PROBLEM SOLVERS: Critically analyze complex business situations to develop proper strategies.
- BE EQUIPPED TO LEAD RESPONSIBLY IN A BUSINESS ORGANIZATION: a. Master critical business functions and management theories. b. Understand the processes to drive change and motivate people.
- BE EFFECTIVE DECISION MAKERS: Make business decisions considering the impact on different stakeholders.
- BE ARTICULATE AND INSPIRING COMMUNICATORS: Deliver well‐structured and compelling communications.
- BE COLLABORATIVE TEAM PLAYERS: Be able to work collaboratively in a multicultural group toward achieving shared objectives.
In which language is the program taught?
What level of English is required to enter that course?
IUM’s MBA is taught entirely in English. One of the following scores is required in English in order to apply to this course:
- IELTS 6.5 (CECR C1 level)
- TOEFL: 93
- Cambridge: CAE
If the candidate is a native speaker or has worked in English, no test is required.
MBA Voices – Siri Blomvik
Co Founder STVG Monaco
AMBA REACCREDITATION FOR 5 YEARS FOR OUR MBA PROGRAM
Thanks to the ever-present enthusiasm and engagement of students, faculty, and staff, our entire IUM community is delighted to announce the AMBA reaccreditation for five years for our MBA program.
Throughout 2023 IUM will continue to embrace diversity and support our students as they, in their own unique ways, innovate, create real change, and have an impact in the University, and in the community at large.
THE MONACO MBA PROGRAM FREQUENTLY ASKED QUESTIONS
Do I need to put my job on hold to do the MBA?
The MBA is offered in two formats: the full-time option, which takes ten months and is entirely taught on campus in Monaco. The part-time format is aimed at professionals who want to continue working and follow online or on-campus courses when their timetable allows. Therefore, it’s feasible to work full-time and follow the MBA part-time.
What are the criteria to apply for the MBA program?
You need to have a minimum of a Bachelor’s degree and at least three years of professional experience. IUM is particularly interested in your motivation and career objectives. That’s why candidates from diverse backgrounds such as engineering, medical field, sciences, and liberal arts find themselves in the Monaco MBA.
Is an internship part of the MBA program?
No, it isn’t. You’ll undertake a consultancy project within a company to present viable solutions for a real issue that a company encounters. You’ll be fully part of this company for the period of your consultancy project, and IUM MBA students are highly valued and appreciated by company directors and staff.
Have Questions About the Monaco MBA Program?
Schedule a personal consultation call with our Recruitment team and solve all your questions!
MBA program in Brief
It has been an incredible journey, which has equipped me with a strong foundation in business strategy, leadership, finance and marketing. The MBA program has not only broadened my understanding of the business world but has also sharpened my critical thinking and problem-solving skills.
Stella PANAGIOTIDOU
MBA 2023
A STRONG EMPHASIS ON EXPERIENTIAL LEARNING
The entire curriculum is defined by experiential learning, focusing on practical applications, real-world examples, and case studies throughout the year. This culminates in the integrative components at the end of the program: the Corporate Consulting Project or Entrepreneurial Business Plan, and the Business Simulation. These projects, serving as the capstone of the MBA, offer students the chance to address real, current challenges provided by companies, working closely with key executives to engage in strategic decision-making and deliver recommendations.
THE MONACO MBA INSIGHTS
Jennifer Crentsil
Teaching IUM’s MBA is challenging and exciting: bridging theory and practice, and fostering collaborative learning are key pillars of our pedagogical approach; we assign group projects and activities in all courses, mixing deliberately residential and distant learning students; MBA graduates learn to switch seamlessly from classical to virtual teamwork activities in which they inspire their colleagues by leveraging trust, effective collaboration, motivation, autonomy and communication.
Dr. Alessio CASTELLO
Professor of Management
What career can you consider after completing IUM’s MBA?
IUM offers a generalist MBA. Group projects and in-company consultancy enable you to develop highly sought-after managerial skills. You can also become a consultant in your preferred sector and bring your expertise to a wide range of companies after completing the MBA. The program also provides all necessary tools and network to professionals willing to create their own business or to entrepreneurs who want to to develop their companies.
Admissions and Fees of the Monaco MBA Program
We strive to select a diverse student body, one that not only reflects a variety of backgrounds, cultures, and nationalities but a wide range of personal interests and professional ambitions. we seek applicants with high potential from all over the world who wish to share their talent and dreams with their community.
Admission Requirements
- Bachelor degree
- At least 3 years of professional experience
- English proficiency
Upload the Required Documents
- Online application
- Letter of motivation
- University degrees and official transcripts
- CV
- Passport or ID card copy
- ID picture
- Proof of English proficiency (TOEFL, IELTS, Cambridge)
- 80€ application fees
- Letter of recommendation
Interview
- Face to face
- Phone interview
- Video call interview
Fees
Prices below are for information only and apply to the academic year 2024-25.
MBA program tuition: 42,750€.
In addition, all students pay the annual Student Association Fee of 190€, and the IUM for Life Fee of 650€ that gives lifelong access to Alumni services.
Contact-us
For further information
Call us:
+377 97 986 993
Send us an email:
MBA VOICES
Meet with Andrés Bonilla, an MBA student from Guatemala!
MBA VOICES
Meet with Karolina Paszkiewicz-Kolacz, an MBA student from Poland!