University hopes to expand

Monaco's business school wants to increase student numbers.

The International University of Monaco (IUM) was established by a group of private shareholders in 1986. It provides Bachelors, Masters and Doctorate degrees in business and finance to a small body of students, who are taught through the medium of the English language.

IUM is located over 3 floors above the entrance to Monaco's football stadium, the Stade Louis II. In 2001 new management and shareholders acquired the university, aiming to increase the number of students. However the current premises don't allow more than around 300 to study on campus at one time. Past attempts have been made to secure extra space in office buildings in Fontvieille and Cap d'Ail, but with little success.

In April, a new set of shareholders bought IUM, the educational group INSEEC. According to Director of Development Sophie de Lorenzo the university still has plans to increase the student body to 600, and believes that the new shareholders will be able to fund this growth. There also seems to be renewed Government support for IUM, since Minister of State Michel Roger announced in the Conseil National a few weeks ago that it was a priority to help the university to find new premises.

International University seeks new premises