MBA Program, specialization Private Banking & Wealth Management

Private Banking & Wealth Management Specialization

You are given the unique opportunity to focus on Applied Finance.

This option has been designed to allow those students who have a clear professional goal or industry in mind to acquire the theoretical tools and practical insights to rapidly make their way in their careers in Finance.

MBA Students following this Career Track are typically interested in building or enhancing their careers in one of the numerous financial sectors—such as wealth management, private equity and venture capital, M&A, or real estate investing, among others— or to manage the financial activities and functions within an organization through such courses as risk management and macroeconomics for financial forecasting.

Given the economic characteristics of Monaco, as well as the profile of many of our MBA students, the IUM MBA in Private Banking & Wealth Management also offers electives in family wealth preservation and optimization strategies, and in wealth and investment management strategies.

SPECIALIZED COURSES

M&A and Private Equity

This course focuses on private equity financing of businesses that are not in an early or start-up phase, assigning particular emphasis to the leveraged buyout process. Students study private equity as an alternative investment class both from the point of view of a private equity analyst or private equity fund manager, and from the perspective of an investor willing to allocate a portion of a portfolio to this asset class. The course examines the different stages of the private equity cycle from fundraising to how funds are deployed by a private equity firm; from deal structure, due diligence, and negotiation to valuation approaches and exit strategies. Finally, the course also analyzes private equity returns and risks, and considers the future outlook for private equity markets.
The course also covers the different phases of an acquisition process: screening of targets, valuation, bid tactics (and defense tactics), financing, negotiation, communications, and integration. A particular emphasis is given to the valuation process and the quantitative tools used by practitioners (such as the cash flow models) in order to value a company.

Financial Markets

The objective of the course is to provide students with an economic knowledge and analytical tools which will enable them to routinely guide investment decisions and make informed investment decisions. The course takes an international perspective.

The course outlines the key economic variables and indicators that are informative of real business activity and economic growth prospects; explains the structure, objectives and instruments of monetary policy; discusses long-term economic challenges that affect long-horizon investments.

These topics are used to investigate the links between real and monetary variables on the one hand, and investment assets on the other, considering four main asset classes (equities, bonds, commodities and exchange rates).

Wealth Management

The course provides students with a fundamental understanding of the principles and analytics of asset management as applied to both institutional and private clients. This course will be of great interest to anyone aspiring to a career in asset, portfolio, private wealth, endowment, or pension fund management. A fundamental understanding of the issues in asset management, whether institutional or private, will also be helpful in other areas of finance such as investment banking, insurance, accounting and personal finance.

In addition, students will learn how to better manage their future personal wealth.

Alumni Testimonials

Jeff Hancock,
American, Monaco MBA 2013
Customer Experience Consultant – Oracle CPQ Cloud, Oracle

Joining the MBA program at IUM was one of the best decisions I’ve ever made. It was 10-months of non-stop learning, experiencing, living and fun. IUM is a truly unique learning experience that is both challenging and rewarding. The wonderful backdrop of Monaco provides an opportunity for IUM to draw some of the most amazing professors from all corners of the globe and all corners of the business world.
Also, a truly global class filled with some of the most amazing people I’ve ever met, from all different backgrounds, gave me the chance to learn just as much from my peers as I did from my professors. Our class worked together to accomplish more than we ever thought possible, and we all left with lifelong friendships. The day after returning home from Monaco, I was contacted by, and now work for, an insurance software provider as a Business Management Analyst. As they have a global presence the recruited me because of my international MBA.
I have already used many of the skills I learned in Monaco including, but not limited to, financial accounting and financial evaluations as well as building a strong presentation. I definitely could not do my job without my IUM MBA.