MBA Program

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MBA program
Bachelor’s degree
October
Full-Time 10 months or Part-Time 20 months
Monaco
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THE MONACO MBA PROGRAM

Opting to pursue an MBA is a significant decision in life. Selecting the right one is even more of a challenge. This choice can make a difference to one’s personal growth and professional success in their career ahead.

There are hundreds of business schools worldwide offering an MBA and dozens of excellent programs in Europe. So the question arises, how to choose?
Answers to this question should focus less on the school and more on the program’s objective. Hence, the real question is, «what do you want to achieve out of the MBA?». If the idea is to acquire the necessary business skills along with a diploma to prove it, then just about any accredited program will do.

However, if someone wants to challenge themselves in an intensive program and emerge enriched with new skills, perspectives, and contacts, then one should consider the Monaco MBA. Set in the unique international environment of the Principality of Monaco, the Monaco MBA program experience stands apart from all the others.

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’

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TOP 5 REASONS TO CHOOSE THE “MONACO MBA”

  1. Learning from Monaco’s unique expertise: luxury services, wealth management, entrepreneurship & innovation
  2. Possibility to follow in 10- month full-time or 20-month part-time, residential or distant
  3. Accredited by the Association of MBAs
  4. Career & Personal Development Coaching and Mentorship Program
  5. Ranked 50th among the best 100 MBA programs worldwide by The Economist’s Which MBA? (2022 ranking).

Program Description

IUM’s Master of Business Administration program – the Monaco MBA – is a post‐experience Master level program for candidates who have already acquired managerial experience. 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.

Learning Goals and Objectives

After completing the Monaco MBA, graduates will:

  1. BE ANALYTICAL THINKERS AND INNOVATIVE PROBLEM SOLVERS: Critically analyze complex business situations to develop proper strategies.
  2. 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.
  3. BE EFFECTIVE DECISION MAKERS: Make business decisions considering the impact on different stakeholders.
  4. BE ARTICULATE AND INSPIRING COMMUNICATORS: Deliver well‐structured and compelling communications.
  5. BE COLLABORATIVE TEAM PLAYERS: Be able to work collaboratively in a multicultural group toward achieving shared objectives.

MBA FULL-TIME 10 months

MBA_FullTime10m

MBA PART-TIME 20 months

YEAR 1

YEAR 2

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.

A STRONG EMPHASIS ON EXPERIENTIAL LEARNING

The experiential learning approach characterizes the entire curriculum, emphasizing applications, real world examples, and case studies throughout the year. This approach The experiential learning approach characterizes the entire curriculum, emphasizing applications, real-world examples, and case studies throughout the year. This approach culminates in the integrative components at the end of the program: the Corporate Consulting Project or the Entrepreneurial Business Plan, and the Business Simulation. The Projects, which constitute the capstone of the MBA curriculum, offer students the opportunity to work on concrete, topical challenges given to them by companies and to be actively involved with relevant company executives in strategic decision-making and recommendations.

THE MONACO MBA INSIGHTS

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ANY DOUBT THE MONACO MBA PROGRAM?

Schedule a personal consultation call with our Recruitment team and solve all your questions!

PLACEMENT DATA
83% of MBA graduates are employed on graduation day

EXAMPLES OF POSITIONS HELD BY RECENT GRADUATES

PREVIOUS POSITIONNEW POSITION
Marketing ManagerDigital Marketing Manager
Business Management ConsultantDigital Transformation Manager
Retail DirectorDirector Retail Multichannel
Sales DirectorPartnerships and Business Development Manager
Operation ManagerLean Manager
IT DirectorInfrastructures, Sustainability & General Services

IUM Alumni are working in International Companies worldwide

Top Employers include:

AMADEUS SAS, AMAZON, BLOOMBERG, BOTTEGA VENETA, CAMPARI, CAPGEMINI, CHANEL, CREDIT SUISSE, DELOITTE, FENDI, GALDERMA/NESTLÉ SKIN HEALTH, HERMES, IMMOFINANZ, JPMORGAN CHASE & CO., KERING, KPMG, LAVAZZA, MICROSOFT, MOORE STEPHENS, RICHEMONT, SBM OFFSHORE, SWAROVSKI, UBS.

WHERE ARE OUR ALUMNI BASED?%
Eastern Europe29%
Middle East and Africa14%
Monaco43%
Northern Europe14%
INDUSTRIES%
Hospitality & Leisure25%
Fashion, Watches, Accessories25%
Retail/E-retail13%
Healthcare13%
Energy & Power13%
Banking, Finance, Insurance13%

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’

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)
  • 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 2023-24.

MBA program tuition: 41,900€.

Contact-us

For further information

Call us:

+377 97 986 993

Send us an email:

admissions@monaco.edu

MBA VOICES

Meet with Andrés Bonilla, an MBA student from Guatemala!

MBA VOICES

Meet with Karolina Paszkiewicz-Kolacz, an MBA student from Poland!

Updated 2 November 2022