EXECUTIVE MASTER in BUSINESS ADMINISTRATION

Program Description

The Executive Master of Business Administration (EMBA) at the International University of Monaco (IUM) is a 15-month, 54-credit degree completed in six (6) modules.

A lockstep program that integrates on-campus and distance learning, the EMBA enjoys the same accreditation as the MonacoMBA. It contains similar coursework but differs primarily in the demographics of its student body: Program delivery format; point of entry and time to completion; configuration and sequencing of courses; and credit requirements have all been modified to more closely fit with its constituents' needs.

The University is acutely aware that commingling experienced professionals in an exchange-rich setting creates a powerful learning environment. IUM believes the results of such a potent mix are strengthened by validating them according to the demands of a rigorous academic program. Consequently, the EMBA has been designed to act as a catalyst for this convergence, encouraging students to alter self-perceptions in a limit-testing setting: Practice made perfect.

This educational philosophy is encapsulated in the i3-Plus learning concept. i3-Plus encourages students to venture beyond their own practical experience, and develop distinctive competencies and capabilities on three interrelated planes: individual characteristics, industry background, and intellectual capabilities. Each student then becomes a vital part of a cohesive, organic learning group animated by the energy of difference - the "Plus" of the model.

On the individual level, IUM recognizes that students drawn to the EMBA have already displayed traits that will assist them as they embark on a high-pressure, intensive learning experience. EMBA students typically need to combine study with a demanding work and personal schedule; that they have achieved under such constraints is a strong indicator that they will successfully navigate a sustained period of concentrated study. This is a critical factor in the EMBA's structure, pedagogical underpinnings, and selection process.

On the industry level, EMBA students can often point to high level accomplishments in their professional area of expertise, and usually bring unique industry- or firm- specific insights and knowledge to the program.

On the intellectual level, the EMBA exposes students to current business concepts, and cutting-edge research and thinking, all with a practitioner's bias; shared experience honed by theoretical rigor enables participants personally to extend the boundaries of concepts leaned in class.



Finally, classmates benefit from the wisdom and acumen each individual imparts - the "Plus" factor - and by exploring and applying new concepts with their peers in a dynamic learning group.

Utilizing i3-Plus, the EMBA combines intensive classroom teaching and distance learning. This pedagogical framework provides opportunities for students to realize their potential through constant comparison of individual contributions against the group touchstone and by setting personal benchmarks within this scenario.

The EMBA comprises twelve (12) courses offered in six 2-course modules.

Each module consists of three instructional components: the online pre-study period, the on-campus session, and the post-course segment.

During the 5-week online pre-study period students are required to prepare for their on-campus courses by completing all required reading and preparatory assignments set by their instructors. This component is completed in a distance learning format entirely online.

During the 6-day on-campus session students take courses at the IUM campus in Monaco.

During the 5-week post-study segment students complete final assignments set by their instructors and submit them online.

The EMBA has been designed in "pinwheel" fashion: While the program has no modular prerequisites, courses within each module are integrated and complement each other; this is reflected in the titles assigned to each module. Courses are internally related within modules; modules are integrated within the larger program structure.

This design allows students to enter the EMBA at the start of any module1.

EMBA courses focus on the internal operations of the business enterprise and allow students to gain an overview of key functional areas by providing a strong knowledge base in economics, finance, accounting, statistics, and marketing.

Further, the program introduces students to the latest thinking in management and addresses wider issues by amplifying this functional base.

On completion of the EMBA students will have explored current concepts and best practices in management while developing a holistic and cross-functional view of their own experience - and business in general.

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1 EMBA students may also choose to take the IUM Pre-MBA Session if they feel they may need additional academic preparation for the demanding nature of EMBA coursework.