DeSales University students have the opportunity to study abroad in Monte Carlo, Monaco through a partnership with the International University of Monaco.
The International University of Monaco (IUM) is located in the Principality of Monaco, Monte-Carlo on the French Riviera. IUM offers undergraduate, graduate and postgraduate degrees in business specialized in Finance, Luxury, Marketing, Sports Management and International Business. All their business programs are taught in English.
IUM represents a unique multicultural community of students representing 50 nationalities, thus creating a unique environment for versatile business education. Located in Monaco, one of the world's leading business centers, IUM provides students with unique networking opportunities.
In many ways, the International University of Monaco resembles its home country: both IUM and Monaco are microcosms of international business world; both are close-knit communities; both are exceptionally successful due to their tiny size and concentration of talents. IUM boasts a cutting-edge approach to business training that combines theoretical studies of fundamental business concepts, global vision of particular fields and applied skills in specific areas.
Although it is the smallest state on the Mediterranean, the Principality of Monaco is internationally recognized as an economic center.
Additionally, there is an Oblate presence in Monaco, as the Oblates are the official chaplains of the royal family.
- Monaco has 32,000 inhabitants from 125 nationalities, and covers an area of only 2 square km (less than 1 square mile).
- The principality has been a member of the United Nations since 1993 and is also fully integrated in the Euro Zone.
- 4,500 companies operate in the Principality.
- Activities include: international trade (with a turnover of 2.5 billion euros), the service sector, tourism, real estate, construction and engineering work and last but not least, the banking and finance sector, with over 70 establishments.
- The Monegasque private sector generated a turnover of over 9 billion euros in 2002.
- Monaco is one of the safest places in which to live and to do business.
- Low taxation further encourages entrepreneurship and business development.
- Contrary to what one may think, revenues from the Monaco Casino only represent around 5% of the Principality's GDP!
- Must be a full-time, traditional day undergraduate student.
- Grade point average of 2.75 or above.
- Good disciplinary standing.
- Usually, participant cannot have previously participated in the DSU Monaco program.
- Application process must be completed prior to March 15 for participation in the fall program and October 15 for participation in the spring program.
- Two positive letters of recommendation from full-time faculty members.
- Preference may be given to students who demonstrate that the studies in Monaco are directly related to their major course of studies at DSU.