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Study MBA in Monaco 2024

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Basic monthly living cost

  • Rent in a shared flat

  • Share of utilities

  • Internet subscription

  • Local transportation


Sample lifestyle cost

  • Fast food combo

  • Cinema ticket

  • Pint of local beer


About Monaco

Monaco is a microstate located in Western Europe on the French Riviera that is bordered by France on three sides and the Mediterranean Sea on the other side. With an area of about 500 acres and a population of just over 35,000, Monaco is considered the most densely peopled country in the world as well as the second smallest. French is the official language of Monaco, but Italian and English are also widely spoken and understood throughout the region. Monaco boasts the highest Gross Domestic Product (GDP), the highest amount of millionaires and billionaires per person in the world, and it also has the lowest poverty rate in the world. Tourism is the biggest industry in Monaco, and its famous casinos and overall mild climate draw millions of visitors every year from all over the globe.

What Schooling Options are Available in Monaco?

Individuals who wish to study business in Monaco can attend the International University of Monaco, which is located in Monte Carlo, the capital and largest city in Monaco. Students can earn an undergraduate or graduate degree, and while some classes are taught in French, all business classes are taught in English.

Specifics of an Academic Year

An academic year in Monaco begins in September and continues until July of the following year. The study year is divided into two terms or semesters, with a fall term that goes from September to December and a spring term that begins in January and ends in May.

Tuition and Fees

The cost to study business in Monaco can vary depending on each student’s specific study program and requirements. Students can offset the cost of earning their degree by applying for financial aid, scholarships, work-study positions, and other financial programs.

How Long Does it Take to Earn a Business Degree in Monaco?

The time it takes to earn a business degree in Monaco can differ in length depending on how much time students are able to devote to their schooling as well as the requirements of each specific program. Some degrees can be earned in less than a year, while other undergraduate and graduate degrees may take up to four years of schooling.

Why Choose to Earn a Business Degree in Monaco?

Aside from gaining impressive management, collaboration, and communication skills, students who choose to study business in Monaco also receive knowledge of business techniques and practices, finance industry knowledge, and experience working in dynamic and professional environments. In addition, graduates gain incredible networking opportunities and a unique professional perspective by studying in a place unlike any other.