Page 53 - Monaco Economy 129

INTERNATIONAL UNIVERSITY OF MONACO:

training the financiers of tomorrow

For over 30 years, the International University of Monaco (IUM) has been training young students
from more than 60 different countries.

Since its beginnings, the university has offered of their course in the Principality and another
a course that is accessible after obtaining the in London and which exposes them to the best
Baccalaureate (or international equivalent): the practices of the Monaco marketplace, as well
three-year Bachelor in Business Administration as of the major City of London investment
degree. Following this generalist training (but banks. The foundation and specialisation
which does offer a pre-specialisation in the final courses delivered in Monaco provide them
year), many students decide to continue their with a strong knowledge base and what they
studies with a Master of Science, a 16-month learn in London allows them to perfect their
programme which allows them to specialise in practical knowledge and acquire know-how
the field of their choice. Amongst the Masters in these specialised areas.
programmes offered by the IUM, the MSc in
Finance trains future professionals in the At the end of the course, students will join
world of finance and, as such, contributes to structures based in London, Luxembourg,
the economic dynamism of the Principality. Monaco and across Europe for their internships
in order to implement what they have learnt and
The university's involvement in the financial begin their international careers. Indeed, even
sector began in 2007 with the creation of if a large proportion of students choose to stay
courses in the field of finance which gave birth in the Principality to begin their professional
to the current version of the MSc in Finance. path, the majority take up a career abroad.
This course is dedicated to training the bankers Over and above these degree courses, the IUM
and financiers of tomorrow and has expanded deploys continuing education programmes
over time to better meet the expectations of on current themes, such as compliance
professionals in this demanding field. and ESG finance. A certification training
With this in mind, in addition to the course, International Management of Family
specialisations in Private Banking & Wealth Wealth, in collaboration with the professional
Management and Hedge Funds & Alternative network STEP (the Society of Trust and
Investments, the IUM has been offering Estate Practitioners), was launched in June
an option in Private Equity & Investment 2023 for family offices and experts in wealth
Banking since the start of the 2023 university management and international estate
year. This new specialisation responds to a management. © IUM
growing demand from firms looking for young
professionals trained in capital transactions -
Mergers and Acquisitions in particular.
This two-year course allows students not only
to establish solid fundamentals in all aspects
of corporate and market finance but also trains
them to master the acquisition and financing
strategies of young companies in the capital
increase phase, as well as mature companies
with significant external growth needs.

The careers for which this specialisation
prepares students, within investment banks,
large consulting firms and private equity funds,
are amongst the most prestigious but also the
most demanding.
For students who decide to follow this path, the
IUM has set up a structure which includes part © IUM

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