Monaco

The Ultimate Guide to Studying in Monaco in 2025

Browse all PhD programmes in Monaco

  • Sep-Jun Academic Year
  • 1 Listed Institutes
  • Unavailable Ranked Universities
  • Unavailable Int. Students
  • 1,000 Students
  • 39,520 Population

Study in Monaco

There is one university located in Monaco, specializing in business education. It aims to educate business leaders from all over the world through teaching in a small, stimulating, cross-cultural environment fostering entrepreneurial spirit, collaborative work and mutual understanding among students, faculty and staff.

If you're looking to study at a university in Monaco, you will find select study degrees in a luxurious and picturesque setting. Programmes are offered in close connection with the international business community and encourage high value service activities, innovation and corporate social responsibility.

Monaco is one of the top centres for business in Europe, as well as being renowned for being a safe environment. Students learn business skills, gather practical experience and go through personal development that will serve in their future careers.

Find the best information about what it’s like to study in Monaco, including degree course offers, career opportunities, student life, living costs, and more.

Teaching methods

Interactive learning, online support, and small classes accommodate a variety of learning styles, with formative feedback reinforcing the learning process and personal development.

Programmes follow a balance of theory and application, with both academics and professionals using innovative teaching techniques and online technologies based around lectures, case studies, group projects, and business simulations. Case studies, class discussion, debate, and online forums are commonly used across the curriculum to enhance students’ analytical, creative and problem-solving skills.

Students learn to respect cultural diversity and to negotiate and capitalize on the richness that different perspectives bring to management decisions. More than 60 nationalities of students and teachers are engaged in academic activities in the Principality of Monaco. All courses are fully taught in English.

General application requirements

Required documents for undergraduate application include:

  • A completed application form with your answers to the short-answer questions and essay
  • Last two years High School transcript(s) and diploma(s), with official translation when necessary
  • 2 passport-size photographs
  • 1 letter of recommendation
  • Photocopy of passport or national identity card
  • Proof of English proficiency
  • Non-refundable application fee

The selection criteria will focus on a series of factors. The admission board will take into consideration your academic ability and potential as well as relevant personal, professional, and educational experience. You will need to show motivation, clear career objectives, leadership potential and personal achievement and interests.

Before applying ask the university representatives for detailed information about the application process.

For more information visit: http://www.monaco.edu/apply-online/apply-mba-full-time.cfm

Faculty

The teachers in Monaco have been assembled from all over the world. They come from a variety of backgrounds, nationalities and expertise in domains that range from economics and finance, management and business ethics, to marketing and communication, including specialized areas such as luxury services.

Numerous adjunct lecturers selected for their experience in different business sectors assist the permanent faculty. They offer up-to-date practices and trends to the classroom. International professor visits happen regularly.

Research

The Research Departments in Monaco bring the most advanced knowledge and innovations from various management-related fields to the classroom. Research activities include the organization of international conferences in Monaco, the organization of regular research seminars and workshop meetings where faculty members present their research findings. Research departments benefit from wide access to databases, technical software and other ways of support.

English language preparation for studying in Monaco

Develop your academic English language skills in order to meet the English language requirements at Monegasque universities offering degree studies for international students. Choose an English language school anywhere in the world and pick your preferred English exam preparation course from diverse language course options.

Living in Monaco

  • The university has specific agreements with trusted landlords who rent apartments to students.
  • The university provides an extensive choice of activities such as soccer, volleyball, tennis, golf, dance, yoga, zumba and sailing.
  • Monaco is one of the safest places in which to live and to do business.
  • Low taxation encourages entrepreneurship and business development.
  • Monte-Carlo Casino and Opera House is the setting for international operatic creations, prestigious concerts, and exceptional ballets.
  • Revenues from the Monaco Casino only represent around 5% of the Principality's GDP.
  • Housing in Monaco starts at about 3,000 EUR/month for an apartment.
  • Food cost average €400/month.
  • A country focused on issues pertaining to the environment, protecting oceans and sustainable development on a worldwide scale
  • One of the world’s sporting capitals, hosting prestigious competitions.
  • Monaco has a solid policy of garden and park development. You can find about 250,000 m2 of spectacular gardens.
  • Monte-Carlo has perhaps one of the most expensive and exclusive shopping locations in the world.
  • Although French is the official language in Monaco, most people speak English and Italian.
  • One of the first things that comes to everyone’s mind when you mention Monaco is the Grand Prix. It is arguably the most famous car race in the world and it takes place every year in May.

About Monaco

Monaco is a tiny, hilly country on the French Mediterranean coast; it is 9 mi east of Nice, France.
France borders it on three sides. Monaco has an area of 2 sq. km and a population of about 36000 people. It is the second smallest country in the world and the most densely populated.Monaco is situated along the area known as the French Riviera (Côte d’Azur), which has some of the world’s most beautiful beaches along the Mediterranean Sea.

After being independent for 800 years, Monaco was annexed to France in 1793 and placed under Sardinia's protection in 1815. By the Franco-Monegasque treaty of 1861, Monaco went under French guardianship but continued to be independent. A treaty made with France in 1918 contained a clause providing that, in the event that the male Grimaldi dynasty should die out, Monaco would become an autonomous state under French protection.

Since Monaco is both a city and an independent nation, Monaco is also the capital. Sometimes mistaken for the capital, Monte Carlo is only a region in Monaco, though it is the most populated region. Monaco is a constitutional monarchy and a principality, meaning the monarch holds the title of prince or princess.

It rarely gets too cold or too hot in Monaco. Winters are mild with average January temperature of about 8°C (46°F). The average high in the summer (July and August) is 26°C (79°F). There are usually 300+ days with no precipitation.

Monaco has a dynamic and diversified economic platform. The leading business sectors in the Principality are healthcare, banking and finance, high tech, tourism, international trade, shipping and real estate. The country harbours 5,000 businesses harnessing the talents of 119 different nationalities.

Monaco has a tourist business that attracts as many as 1.5 million visitors a year and is famous for its beaches and casinos.

Even though Monaco is not a member of the European Union, it is closely linked to the organization because of its relationship with France. As a result, Monaco uses the Euro as its form of currency.

Universities, colleges and schools in Monaco

Monte-Carlo

Interested in scholarships for Monaco? Check out our scholarship search page.

How to Apply to a Master's in Monaco

If you've decided to study a Master's degree at a university in Monaco, you will have to gather the right documents to prove that you fit the university requirements. Provide complete personal information, previous qualifications, financial information, and a personal statement.

What documents do I need to provide to apply in Monaco?

To apply to a university in Monaco you will likely be asked to provide some of the following documents:

  • birth certificate;
  • recent photos;
  • your passport or national identity card;
  • one or more reference letters from past employers or teachers;
  • copies of past diplomas or certificates, including your graduated Bachelor's degree;
  • academic transcripts;
  • letter of intent;
  • Curriculum Vitae;
  • Some form of proof that you can support your stay in the country during your studies.

Depending on the subject or specialization of your chosen Master's, you might also be asked to provide scores for additional tests like the GRE, GMAT or LSAT. Check if your programme requires any of these, or others.

The list of documents depends on the specific requirements of universities in Monaco so you might be asked to include additional documents. It’s also likely you’ll have to provide official English translations of your documents, or translations in the local language.

Prove your English skills

Because you’ll study an international degree in English, you'll have to present a language certificate. Some popular options for international students are IELTS, TOEFL or C1 Advanced language certificates. You’ll have to meet a minimum language score set by the university, and your test scores shouldn’t be older than 1-2 years. If you don’t meet the minimum language requirements, you will have to improve your skills and scores by taking an English preparation course.

Application deadlines for Monaco

The deadlines for applying to a Master's in Monaco are usually during summer (June-July), or in winter (January-February). Keep in mind that some universities don’t have application deadlines, which means you can apply whenever you are ready.

To avoid delays or missed deadlines send your required documents with plenty of time in advance.

Interesting programmes for you

Find PhDs Degrees in Monaco

What subject to study in Monaco?

Recent international policies promote international university cooperation and student exchange between countries worldwide. High-quality study and PhD degrees are made more available to students in order to create a global educational network, achievable through student and staff mobility. Career and research oriented programmes support international student development.

University cooperation enables students study worldwide, for instance in Australia, Asia, Europe and the United States and provides ways of recognizing previous degrees. Different study options offer appropriate alternatives to students, depending on their preferred mode of study.

Many study programmes in Australia, Asia, Europe and North America are English-taught. The most popular international student destinations include the following countries: Australia, Belgium, China, Denmark, Finland, France, Germany, Italy, the Netherlands, Switzerland, Spain, Sweden, United Kingdom, the United States, and more. However, these are not the only countries offering English-taught education. The rest of the world is full of endless study choices, from highly ranked to smaller, more specialized, universities.

PhD (postgraduate) Degrees

If you want further education beyond the undergraduate level or if you want more personal development or a career in academia, you could obtain a PhD degree. PhD degrees are postgraduate programmes that usually follow a Master's, MPhil or MRes, but there might be additional requirements depending on the university. Students are required to do their own research in a chosen topic. With the help of a supervisor, you develop knowledge and analytical skills in a specific or multidisciplinary field and you carry out independent research. The duration of a PhD degree differs per country and institution. Sometimes your own research is accompanied by work for the department such as giving seminars or small group teaching.

PhD students are required to study on campus under close supervision, but there are universities that accept students enrolled into a part-time distance education PhD degree. Studying on campus can also be full-time as well as part-time, in which case the part-time variant is normally twice as long as the full-time study.

Discover other countries

Netherlands
Netherlands
The Netherlands is a very popular study destination. Internationals choose this beautiful country because Dutch universities are some of the best in Europe, the living standards are high, foreigners are always welcome, and you get to live in one of the happiest and safest countries in the world. The Netherlands is also renowned for innovative technologies and engineering solutions, which is reflected in the wide range of Engineering degrees offered by universities. English is spoken by around 90% of Dutch citizens, so forget about language barriers. Also, bike lanes and the “cycling culture” will help you to stay fit and healthy, and there are diverse job opportunities and internships for international students.
Finland
Finland
Finland is an excellent choice for all internationals and especially for EU/EEA students who can study at local public universities for free. The beautiful Nordic country has one of the best education systems in the world and ranks among the safest and happiest nations in the world. You can also choose from over 400 English-taught programmes. In your spare time, you can explore the breathtaking Finnish nature and landscapes, as well as the numerous lakes that give the country the nickname ‘The Land of a Thousand Lakes.’ From here, you can easily travel to neighbouring countries like Norway, Denmark, Sweden, Russia, or Estonia.
Ireland
Ireland
Ireland is among the top countries in the world in terms of quality of life, peace, safety, and development. It represents an appealing blend of beautiful landscapes, English-speaking environments, and a strong, welcoming, and rich culture — of which the Irish people are very proud. International students also enjoy the full support of Irish universities, which hire and train staff that are able to help with accommodation, studies, visa details, or any other challenge.
Norway
Norway
Norway is a paradise for anyone who wants to study abroad for free. Public universities don’t charge any tuition fees. This policy applies to all international students, regardless of their nationality. The academic standard is very high, and professors are easy to approach, always willing to go the extra mile for their students. Additionally, classes are organised in small groups, which further improves learning and cooperation. You can choose from a wide range of English-taught programmes, and you don’t need to worry about language barriers outside of classes either, because most Norwegians speak English as a second language. Internationals should find it easy to adapt to Norway’s society, which is based on equality and fair opportunities — reflected both in the legal system and in people’s behaviour.
Greece
Greece
Greece is the cradle of European civilization and the birthplace of philosophy. Greek universities and colleges have a long history in academics, attracting international students from all over the world. Classes are not typically formal, so you can expect open discussions between students and professors, in line with the classical philosophical debate tradition. EU/EEA students don’t pay any tuition at public universities, while non-EU/EEA citizens pay low fees. In Greece, you’ll also enjoy the well-known local hospitality and the wonderful Mediterranean climate. There are many landmarks and monuments waiting to be explored, including the Acropolis, Delphi, the Parthenon, and many others.
Sweden
Sweden
Sweden is a very ambitious, eco-friendly, and visionary country. For example, by 2040, it aims to produce all its energy from renewable sources. Universities play an important role in achieving development goals, thanks to their world-class research facilities. If you’re from the EU/EEA, you can study at public universities for free. As a student, you will discover and easily adopt the three main values of Swedish society: freedom, equality, and sustainability. These values are reflected in every aspect of the local society, and you’ll quickly learn to appreciate them. Language barriers are also almost non-existent since around 80% of Swedes speak English.
Switzerland
Switzerland
Switzerland has one of the most advanced free-market economies, which is reflected in the high living standards and the satisfaction of people living here. In terms of higher education, Swiss universities are constantly ranked among the best in Europe, and they shine in areas like Business, Tourism, Culinary Arts, and Engineering. When compared to Western universities, tuition fees in Switzerland are affordable, and all studies — especially PhD programmes — are world-class. You’ll have the opportunity to develop in a multilingual environment and try learning international languages like German, French, or Italian. If you settle down here, the unemployment rates are low, and salaries are well above the European average.
United Kingdom
United Kingdom
Universities in the UK are some of the most highly regarded in the world, and for good reasons. Some of the world's most highly regarded research takes place in British universities, which are regularly featured in international rankings. While studying in the UK, you will be able to develop in a highly multicultural environment with high chances of pursuing lucrative careers after graduation. The teaching in the UK is designed to encourage new idea generation, encouraging individual research and group cooperation, through class discussions and creative assignments.
Canada
Canada
Canada is one of the most popular study destinations in the world due to its high focus on the quality of its universities and its emphasis on attracting international students who can later immigrate. Canadians are very welcoming to international students and they invest a lot into making sure students are safe, treated fairly, and enjoy their stay in the country. Study in one of the strongest economies in the world while enjoying a high living standard and a flexible study environment. Classes have smaller student groups ensuring everyone gets the attention they need, and encouraging group assignments and debates.
United States
United States
The United States is home to some of the most prestigious universities and colleges in the world. With over 150 universities featured in international rankings, the U.S. has some of the best business schools, medical schools, and engineering schools. Universities and colleges in the U.S. are well known for academic flexibility and ways to customize your study experience with optional studies and extracurricular activities. Depending on where you will be studying, you will be able to visit iconic places like the Statue of Liberty, Empire State Building, Goldengate Bridge, The Grand Canyon, Mount Rushmore, Disney's Magic Kingdom Park, and much more.
Israel
Israel
Israel attracts international students through high standards of education and a wide range of English-taught degrees. Local universities shine in areas like Technology, Sciences, Business, and Entrepreneurship. In fact, Israel is a renowned land of innovation, having earned itself the nickname ‘Start-Up Nation’. While living and studying here, you will discover a wonderful culture developed throughout 4,000 years of history; different cultural influences are noticeable everywhere, especially in Israeli food, art, and history. In major cities, English is widely spoken, so communication shouldn’t be a problem. In your spare time, you can visit one of the over 400 nature reserves and 80 national parks.
Australia
Australia
By studying in Australia you will take advantage of the great student environment both inside and outside classrooms. In addition to some of the best business and engineering schools in the world, you will be able to explore a greatly developed country that still retains its wild side with its warm climate, beautiful beaches, and the Great Outback, with over 500 national parks. Many Australian universities provide internships and work placements, preparing students early on for the job market.
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