Monaco
International University of Monaco
Tuition fee
€13,500–36,000
QS ranking
University ranking
Consistently ranked among top European institutions for Luxury and Sports Management
International University of Monaco (IUM) is a private business school in Monaco, founded in 1986. It enrolls about 700 students (75% international) and offers specialized programs in luxury, sports, finance, management, marketing, and sustainability, with small classes, strong industry links, and memberships in AACSB and AMBA.
Academic programs
Tuition fees (2025–26)
Annual or total program tuition.
BBA (International)
€13,500 per year
MSc programs
€21,000–24,000 per year (depending on programme)
MBA
€36,000 total
DBA
€35,000 total
Scholarships
Merit- and need-based options, plus external funding.
IUM Merit-based Scholarships
Up to 30% tuition reduction
Need-based financial support
Limited
External scholarships
Examples: Monegasque government, home country scholarships
Rankings and accreditation
Consistently ranked among top European institutions for Luxury and Sports Management
Member of AACSB and AMBA
High graduate employability, especially in luxury and finance sectors
Required documents
Academic transcripts and diploma
CV/resume
Proof of English proficiency (IELTS/TOEFL)
Motivation letter or Statement of Purpose
Passport copy
Letters of recommendation (usually 1–2)
For DBA: research proposal
Student life and campus
Located in Monaco near the French Riviera; Mediterranean views
Multicultural environment with strong international student support
Student clubs in business, luxury, sports, sustainability
Career services and internships with brands like Ferrari, Chanel, UBS, TAG Heuer
Small classes and personalized academic guidance
Safe, upscale, and cosmopolitan lifestyle
Easy access to France and Italy; 30 mins to Nice, 2 hrs to Milan
At a glance
City
Monaco, Principality of Monaco
Type
Private business school
Founded
1986
Students
About 700 (75%+ international from 60+ countries)
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