The International University of Monaco (IUM) is a business school dedicated to the education of future leaders and managers. It offers Bachelor, Master, MBA and DBA programs in key sectors representing the Principality of Monaco: finance, luxury management, international management and sport business management. The University welcomes more than 600 students coming from 75 different countries.
IUM aims to engage highly skilled, responsible students and business leaders from all over the world by fostering entrepreneurial spirit, collaborative work, and mutual understanding. We are rooted in a multi-cultural territory that encourages high value service activities, innovation and corporate social responsibility.
This is why, every year, IUM organized the Mark Challenge. This business plan competition (supported since 2013 by Eric Althaus and some business professionals from the luxury industry) offers to international students with an entrepreneurial spirit the opportunity to pitch a Premium or Luxury business idea in front of a professional panel. “The Mark” competition requires students to create a unique, customized and detail-oriented service or innovate on an existing service, and to include a “charity” or “social impact” dimension in the business model.