Monaco Executive MBA Online Monaco Executive MBA Online A flexible online learning experience & a life long network
IUM aims to educate highly skilled and responsible business leaders from all over the world through outstanding teaching in a small, stimulating, cross-cultural environment fostering entrepreneurial spirit, collaborative work and mutual understanding among students, faculty and staff. IUM stands for pedagogical quality, Through research devoted to the advancement and dissemination of management knowledge to improve managerial practices, In close connection with the international business community, Rooted in a multi-cultural territory that encourages high value service activities, innovation and corporate social responsibility. Thus IUM contributes to the internationalization of the academic institution to which it belongs, Groupe INSEEC, as well as supports the Principality of Monaco s attractiveness and dynamism. 300 days of sunshine a year The safest country in the world
Summary What do you want to get out of your EMBA...04 120 nationalities offering an open window to the world over 5,000 companies in Banking & Finance, Real Estate, Luxury, International Trade... Program Structure...06 The Online Platform...08 Day after day...10 Residential Weeks...12 Career Coaching...14 Alumni Network...16 Financing & Admissions...18 The International University of Monaco is a partner of the INSEEC Group, one of the largest French educational institutions with campuses in Paris, Bordeaux, Lyon, Chambery, London, Monaco, Geneva, Chicago, Shanghai and San Francisco With over 15,000 students, nearly 45,000 alumni and 131 million budget, the Groupe INSEEC is one of the leading French higher education groups. With a research center and a strong network of universities and business partners, in France and abroad, it educates the economic players of tomorrow.
#13 Worldwide for geographical diversity What do you want to get out of your EMBA? 4 The degree you earn will position you to compete and succeed in your career, and will provide added value for both you, and your organization. You will improve your analytical, decision-making, implementation, and presentation skills, and develop a new way of thinking that will become integral to everything you do. Master the necessary knowledge, skills, and behavior in order to become a top level manager Apply models and theories learned in class the next day at work Become an efficient problem-solver and a wellinformed and creative manager Gain confidence and the skills to excel in a rapidly changing and globalized world. a unique learning & networking experience
An Executive MBA is not an end in itself, but a means to an end. It is a degree designed to develop your career to its fullest potential, at your own pace. In today s rapidly changing competitive environment, executives must adapt quickly and build new capabilities as leaders. The Executive MBA Online program is the tool you need to move from mastery in one area to a multidisciplinary knowledge, and thus a higher management position. You will broaden your core business knowledge in areas such as: Strategy Marketing Finance Negotiations Multi-cultural management Key Figures On average, salaries increased by over 20% immediately upon completion of the EMBA. All EMBA graduates have been promoted Average number of years of professional experience: 12 You will also benefit from the expertise of participants and professors from a wide variety of industries, cultures, and geographical regions. The knowledge you gain in discussion groups will have immediate relevance and impact on your daily work - your degree will start working for you before you have even finished it. The IUM Executive MBA uses a multi-dimensional approach to provide new insights and allow you to apply the theories learnt, thanks to: Large and small group discussions, Online chat sessions, Discussion forums Interactive multimedia student activities Case studies Capstone Projects Library research assignments Webinars, wikis Individual and group work. Specifically designed for managers with seven years of experience or more, the Executive MBA gives you the structured learning experience of an MBA program in a convenient format without interrupting your career. Dr. Marika Taishoff, MBA Program Director At a glance Internationally Ranked & Accredited 2 Flexibility 1 3 4 Residential Weeks AMBA Accredited Internationally Ranked Flexible schedule: 12 to 24 months program 3 intakes per year: October, February & June 54 US Credits 7 years of professional experience required Continue working while studying Personal development & Career Coaching TOP 6 Reasons to join the EMBA High Quality Education Hands-on Experience Inside & Outside the Classroom Innovative Platform 4 5 6
The IUM Online Executive MBA is a 24-month, 54-credit degree program. Intake The program integrates on-campus and distance learning, and is designed to enhance already-flourishing careers. It has been designed to fit the needs and requirements of today s managers. It is divided into six online modules and four on-campus sessions. Intake 24 mo of lear netwo 6 The residential sessions take place in Monaco, a vibrant principality offering many networking opportunities. During the on-campus sessions, you will participate in workshops, guest lectures by business professionals and field specialists, applied integrative projects, business simulations, and networking events. You will also meet your fellow EMBA and MBA students, all representing various cultures, industries, experiences yet another learning opportunity for you to become the international manager companies are looking for. Intake
A Tailor-Made Program Designed For Your Success Intake 3 possible starting points per year: February, June, October 12 online Courses Choose your pace according to your work schedule 3 Residential Weeks minimum nths ning & rking Intake Each online module has a length of 15 weeks and is composed of two 4-credit courses. The online modules enable you to interact with your instructors and classmates via a highly sophisticated and award-winning e-learning platform. You will engage in both synchronous and asynchronous learning activities. Students however are assessed primarily through the individual projects they need to submit throughout each course. Intake You are expected to make a significant learning effort to succeed in the program. You should plan to spend approximately 10-15 hours per week outside of class for studying, completing class projects, reading and preparing for class.
The e-xperience The IUM Online EMBA courses are very interactive and are delivered via engaging multimedia and live presentations designed to enhance your learning experience. Unlike predominantly text-based online platforms, our learning environment is a dynamic, professional learning community with an interactive network of content and people. 8 Our platform allows freedom learning allowing you to choose how you want to interact with the course material. By delivering topical-based course content in a nonlinear mode, it enables you to choose the order and depth of topics to study. It increases your efficiencies allowing you to review known information and concentrate on unknown material. This is a focused, designed experience built a around unique learning you. & networking experience Interactive multimedia student activities Through the platform, as well as through intensive business simulation exercises, EMBA participants are able to interact through a variety of media channels and learning modes, including: written illustrative audio audiovisual
The platform used by IUM is more than a place to study for your degree. It is a community of students, alumni, instructors, and administrators joining together to share experiences and offer support in the pursuit of your personal, professional and academic goals. The innovative Virtual Commons is where you will create, define and maintain your student profile. At IUM, you will interact with classmates and instructors in many of the same ways you already keep in touch with your friends, family and co-workers: Live Chat Live Chat allows you to interact with anyone in your network who happens to be online at the same time you are. Email You can also email anyone in your network of friends, classmates, and former classmates. Social Networking You can even stay in touch with established IUM communities on some of today s most popular social networking sites like Twitter, Facebook, YouTube and LinkedIn. At IUM, we believe that continuing your education in today s world requires a community effort. This is why we offer you so many convenient ways to stay connected to your studies. Online Library The ecampus of IUM Online provides you with the learning experiences and support services you would expect to find on a traditional business school campus. The Library serves as an important research facility. We support your learning and research through the Library s online public access catalogue, reference services, and online databases. The Library resources are focused on business and auxiliary subjects to support your research, your curriculum and your academic specializations.
Day after day... Strong interaction with faculty Strong interaction with classmates 10 The underlying educational foundation of the Monaco EMBA is that you be able to rapidly apply the theory and skills learned in the e-classroom. This applied and experiential learning approach is assured through: Case studies, the preferred learning tool in executive management education. Resolving a case study dilemma requires to solve specific, real life managerial and strategic situations by applying the appropriate theories, models and tools, exercising your analytical, critical thinking, and decisionmaking skills across a range of variables. And, given that many solutions and options are typically possible, you will need to convincingly defend your decisions and recommendations. Just as senior executives do. The Capstone Project is an integral and essential part of the learning experience. At the end of each course, you will submit a Capstone Project. The aim is to implement what has been taught in a given course to your current or previous jobs. By approaching this project much as an external consultant would, you are able to readily apply the theories, models, and case discussions to your companies situations, and make well thought through and feasible recommendations as to how the organization could improve its performance. Rigorous comments and feedback from faculty and subject matter experts further bolster your analysis and recommendations.
High-Quality Faculty At IUM, you will learn from highly-qualified professionals, using the latest technology. The IUM faculty consists of renowned international professors who are recognized experts in various industries and have excellent academic credentials. All of our instructors bring situation-specific relevance to every course, ensuring that you will be prepared for real-life challenges after you graduate. All these elements culminate to create a unique academic environment, contributing to the worldwide recognition of the International University of Monaco. An immediate impact on your career The practical oriented online classes and hands-on projects will give you the opportunity to gain immediate knowledge that you will be able to directly apply at work the following day. Hervé was Managing Director France/Benelux at Bandai Namco Games Europe S.A.S. Always eager to learn, he decided to start the Online Executive MBA at the International University of Monaco. Thanks to the high-quality faculty, the interactive platform, and the learning opportunities represented by the diverse professional experience and multicultural background of the cohort, Hervé found the motivation to study day after day while working. He could apply the knowledge gained through the online classes on a day to day basis at work. Now Hervé is VP of IP Strategy, PR & Marketing covering EMEA. Dear Professor, I have the great pleasure to inform you that I will be promoted VP of IP Strategy, PR & Marketing [ ] covering EMEA and Australasia. The MBA as well as the capstone projects, especially the Service Marketing and Corporate Finance ones, have been instrumental for me in getting this new job. Above all I have learned so far with the IUM, this is the best return on invesmtent I could have expected!
The Monaco EMBA residential weeks 12 The EMBA online course modules are designed to deliver a thorough yet personalized pedagogical overview of the key tools and best practices to quickly progress in one s career. However, in today s rapidly changing business milieu, leaders also need to develop and hone skills related to negotiation, communication, and emotional and cultural intelligence. And it goes without saying that networking skills and opportunities have never been more important than in the current hypercompetitive context. To address these needs, as well as allow EMBA candidates to benefit from Monaco s unique business environment, four Residential Weeks form a unique and integral part of the IUM EMBA curriculum. These weeks, have several reinforcing goals: International Challenges Entrepreneurship, Innovation & Investment Management Luxury Management & High Values Services Leadership a unique learning & networking experience
1. An opportunity to develop skills The EMBA online modules deliver a thorough knowledge of business, key tools and best practices to quickly progress in one s career. However, leaders also need to develop skills best learned in an interpersonal setting. These skills include negotiation, communication, networking, and emotional and cultural intelligence. Moreover, as these sessions are held together with the full-time residential MBA students, participants are able to learn from, share experiences, and network with an international group of ambitious young professionals they otherwise would never have met. Group work is the predominant pedagogical and assessment tool during the Residential Weeks. Students participate in interactive and face-to-face activities and exercises, where team work, negotiation, and leadership skills are jointly assessed and improved under the guidance of specific faculty and leadership and career coaches. 2. To discover the unique dynamics of Monaco as a business hub Monaco has a dynamic and international business environment. The Principality is home to thousands of firms from around the world, with a strong focus on: finance wealth management luxury sectors (in particular luxury services) entrepreneurship sustainable development impact investing and clean equity During the Residential Weeks, EMBA students will take part in roundtables and meet Monaco-based international business leaders & entrepreneurs who will share their experience insights and pieces of advice. 3. Networking opportunities through major events Networking opportunities are further enhanced by a series of major international events organized by IUM during the residential weeks. Such events have included among others: The Edge, which brought together young entrepreneurs and impact investors from around the world the Global Luxury Symposium, an international gathering of researchers and C-suite executives from the realm of luxury.
Personal Development Program For Executives Individualized Approach The Personal Development Program is an integral component of the EMBA curriculum. It is a highly individualized process, inspired by the Talent Management Programs of leading global companies. Led by a coach dedicated to our MBA and EMBA students, the Personal Development Program encompasses three cumulative phases: Assessing your leadership potential Unlocking your leadership potential Your leadership style in Action 14 Through a leadership selfassessment test, followed by a thorough individual de-briefing, you are able to: Analyze your leadership potential within your specific work environment Appreciate your strengths Understand the areas which need improvement. A first coaching session, organized on-site during one of the residential weeks, enables you to draft a concrete and doable action plan to enhance and accelerate your innate leadership capabilities. The second and third coaching sessions provide a follow through on your progress according to the specific action plans. These sessions also aim at: Assessing the gaps in the plan, and addressing them. Discussing and addressing specific managerial or governance issues that periodically occur in your work environment, and which may impact your career development and leadership progress.
Flexible Scheduling EMBA students have, a priori, their own, very specific calendars and professional timelines. The Personal Development Program has thus been designed to allow as much as possible for each candidate s own priorities and schedules. In the EMBA Personal Development Program the leadership self-assessment test, as the first on-campus coaching session, can either be scheduled during the April or October residential weeks. The subsequent second and third sessions can either be organized onsite in Monaco, or via Skype, as the candidate prefers. Experienced Executive Coaches Members of our coaching team are at your disposal to give you ongoing insights and perspectives. All have a minimum of 15 years experience working with top executives of international companies. They are familiar with the intricacies and dynamics of managing in multicultural environments, and specifically of handling cross-cultural management and communication issues. They also understand the challenges and opportunities of change management initiatives, and the criteria for its successful implementation.
Alumni Network Stay connected Get Together 16 After an intensive program, EMBA students truly get to know each other and in many cases become close, lifelong friends despite living and working around the world. To meet again and catch up, numerous alumni from all EMBA cohorts return to Monaco for the annual Alumni Get Together Weekend.
Alumni Platform With students coming from and working all over the world, IUM has created a platform dedicated to our alumni only, to allow you to fully take advantage of alumni benefits, that is to say: Find the latest business and career opportunities Keep in touch with the university and fellow students Network with alumni around the world Create new and valuable contacts Learn about and attend events.
Financing your MBA 18 Pursuing your EMBA is one of the most important decisions you will make; it is an investment in yourself and in your future. We encourage you to discuss your financial options with those in your entourage that may provide support while you attend school, to select the financial resources that best fit your needs. Most students rely on multiple funding sources typically including: Personal resources Loans in your residential and/or native country Sponsorships External scholarships. IUM offers you the possibility to apply for a meritbased scholarship. The school scholarship committee gathers once a month to evaluate the candidates based on several criteria, such as, among others: Academic Results Professional experience Extra-professional activities Career goals The scholarship does not cover the entire tuition costs but is there to encourage students who show great potential. Anyone can apply to the scholarship. Please contact the admissions office for more information at: admissions@monaco.edu
Admissions Admission Criteria Academic ability and potential as shown by grades or equivalent tests and examinations Evidence of relevant personal, professional, and educational experience Motivation to study in the chosen field and clearly defined career objectives Leadership potential and personal achievement and interests Uniqueness and contribution to the University s mission A Bachelor Degree in any subject A minimum of 7 years of work experience Admission Process You can start your application for the EMBA program online on our website www.monaco.edu. Upon completion of the online application, you need to send the required documents by post. Applicants may also be required to attend a personal interview. For international applicants, a telephone interview may be arranged. The EMBA Admissions Board will take approximately 15 days for the evaluation of your file and afterwards will schedule a telephone interview. The International University of Monaco is a member of AACSB International the Association to Advance Collegiate Schools Academic Memberships: Admission Documents Required: Essays and Short questions Certified copies or originals of University transcript(s) and diploma(s), with official translation if documents are not in French nor in English. The grading scale of the transcript(s) Two letters of recommendation from professors and/ or employers who have observed your performance in an academic and/or professional context. Letters of recommendation not in English nor French must be officially translated into English. Letters of recommendation must be printed on letterhead and signed. Proof of English proficiency (TOEFL, TOEIC, The Cambridge Advanced or Proficiency Test, IELTS) An updated Résumé 2 passport-size photographs Photocopy of passport or national identity card Non-refundable 100 Euro application fee For more information, you can contact our Admissions Team: admissions@monaco.edu or by phone at: +377 97 986 986 Please note that the information contained within this brochure may be subject to change
International University of Monaco 2, avenue Albert II MC 98000 Monte-Carlo Principality of Monaco Tel: +377.97.986.986 www.monaco.edu The International University of Monaco is a partner of the INSEEC Group, one of the largest French educational institutions with campuses in Paris, Bordeaux, Lyon, Chambery, London, Monaco, Geneva, Chicago, Shanghai and San Francisco