International University of Monaco Overview
The International University of Monaco (IUM) is a prestigious private business school established in 1986 and located in Monte Carlo, Monaco. It is a member of the OMNES Education Group and offers programs fully taught in English. With a strong international presence and a multicultural environment, IUM specializes in business education with a focus on luxury management, finance, and international business.
International University of Monaco Offered Programs
- Bachelor of Business Administration (BBA)
- MSc in Luxury Management
- MSc in Finance
- MSc in International Management
- MSc in Sports Business Management
- MSc in Sustainability and Innovation Management
- Master of Business Administration (MBA)
- Doctor of Business Administration (DBA)
- Executive MBA
International University of Monaco Tuition Fees
| Program | Duration | Tuition Fee (EUR) |
|---|---|---|
| Bachelor of Business Administration | 3 years | ~14,360 – 15,775 per year |
| MSc Programs | 1 year | ~15,690 – 27,990 total |
| MBA | 1 year (Full-time) | ~42,750 total |
| DBA | 3 years | ~55,850 total |
| Additional Fees | Per year | 190 (student), 675 (alumni) |
Fees vary depending on the specialization and duration.
International University of Monaco Required Documents and Admission Requirements
- Completed application form
- Copy of valid passport or ID
- Passport-size photo
- Official academic transcripts and diploma
- English proficiency test results (TOEFL, IELTS or equivalent)
- CV/Resume (for graduate and MBA programs)
- Motivation letter
- Letters of recommendation (typically 2)
- Interview (for MBA and DBA)
- Application fee
International University of Monaco Deadlines
| Program | Application Deadline | Intake Period |
|---|---|---|
| BBA January Intake | December | January |
| BBA September Intake | August | September |
| MSc January Intake | December | January |
| MSc September Intake | August | September |
| MBA | July | September |
| DBA | Rolling | Rolling |
Exact deadlines may vary each academic year.
International University of Monaco Scholarships Offerings
IUM offers merit-based scholarships to undergraduate and postgraduate students. Scholarships are awarded based on academic excellence, leadership skills, and extracurricular achievements. MBA scholarships are also available and require a separate application shortly after program admission.
International University of Monaco Rankings
| Ranking Category | Position |
|---|---|
| National (Monaco) | #1 (only business university) |
| Europe (Business) | ~1,140 |
| Global (Business) | ~4,300 – 4,500 |
| Subject-Specific | Top 50% in business and finance |
Rankings vary depending on source and methodology.
International University of Monaco Acceptance Rate
The International University of Monaco has an estimated acceptance rate of around 49%. Admissions are competitive, particularly for graduate-level and MBA programs, which require strong academic and professional backgrounds.
International University of Monaco Student Campus Life
IUM offers a vibrant student experience with a highly international community from over 80 countries. The campus is located in the modern Le Stella building in central Monte Carlo and features contemporary classrooms, study areas, and student lounges. The university supports student clubs, events, workshops, sports activities, and networking opportunities with industry leaders.
Accommodation Options:
- University-arranged housing
- Shared apartments in Monte Carlo
- Private rentals in nearby cities such as Nice, France, for more affordable living
- Student residences with basic furnishings and amenities
International University of Monaco Cost of Living
Living in Monaco is known to be high in cost; however, students can manage their budget effectively by choosing shared accommodations and budgeting food and travel wisely. Many students choose to live across the border in France to reduce housing expenses.
| Expense Category | Estimated Monthly Cost (EUR) |
|---|---|
| Accommodation | 600 – 1,500 |
| Food and Groceries | 700 – 900 |
| Transportation | 30 – 100 |
| Utilities and Internet | 100 – 200 |
| Personal Expenses | 200 – 300 |
| Total Estimate | 1,630 – 3,000 |
International University of Monaco Contact Informations
- Phone Number: +377 97 986 993 / +377 97 986 986
- Email Address: admissions@monaco.edu
- Address: Le Stella, 14 Rue Hubert Clerissi, 98000 Monte Carlo, Monaco
International University of Monaco Online Application
Applicants must submit their applications online through the IUM application portal. The process includes filling out the online form, uploading academic and identification documents, submitting test scores, and paying the application fee. Once submitted, the admissions team will review the file and may invite the applicant for an interview. Scholarship applications are also submitted through the same portal.