Why Should you Study in Monaco?

Find all the study programs in Monaco

About – Monaco

For international students, studying in the wealthy city-state of Monaco on the French Riviera provides a singular educational opportunity. Monaco is home to notable educational institutions that offer a high degree of education in a variety of subjects, despite its tiny size. Students may interact with a multinational community of peers and professionals from all over the world while they are studying in Monaco. The city-state has a wealth of networking possibilities and internships that might improve future employment chances due to its near proximity to important corporate and luxury industry centers. To know more about study in Monaco read this article.

Why choose Monaco for Studies?

There are many reasons why students choose to study in Monaco. Some of the main reasons are:

Serial Number 

Reasons

Description 

1.

Reputable Educational Institutions 

Monaco is home to prestigious educational institutions, like the International University of Monaco (IUM), despite its tiny size. These schools provide a wide range of courses in subjects including business, finance, hospitality, and luxury management, all at a high caliber.

2.

Opportunities for worldwide Networking

The corporate, financial, and luxury sectors consider Monaco to be a worldwide center. Through guest lectures, networking events, and internships, students studying in Monaco have the opportunity to network with experts and business leaders. These relationships may be useful for upcoming employment chances.

3.

Lifestyle and recreation: 

With its glitzy reputation, stunning seaside landscape, and dynamic cultural scene, Monaco provides a distinctive way of life. Students can engage in a range of leisure pursuits, such as touring museums, discovering the city-state’s historical sites, and taking part in sports and outdoor activities.

4.

Multicultural Environment

Students and professionals from all over the world come to Monaco in large numbers. Studying in Monaco gives you the chance to engage and work with people from many cultural backgrounds, promoting a multicultural learning environment and broadening your view of the world.

5.

Career chances

Monaco offers chances for internships and possible career growth due to its close proximity to important corporate hubs and its role as a worldwide economic center. The work economy in the city-state is booming, especially in fields like banking, hospitality, luxury products, and international trade.

6.

Safe and Secure Atmosphere 

Monaco, one of the safest cities in the world, offers students a safe atmosphere. The city-state places a high priority on public safety and has a low crime rate and well-maintained infrastructure.

 

Cost of Studying in Monaco:

Serial Number

Degree Name

Degree Cost

1.

Bachelor’s Degree

10273.40 Euros per year 

2.

Master’s Degree

8000 Euros per year 

3.

Doctoral Degree

14300 to 24400 Euros per year

Cost of Living in Monaco:

Serial Number

Expenses 

Monthly Cost 

1.

Housing 

2000 to 4000 euros approx.

2.

Food

400 to 600 euros approx. 

3.

Transportation

40 Euros approx. 

4.

Health Insurance 

23.76 to 188.25 Euros approx. 

 

Universities- Monaco

Monaco is well established in the higher-education system and one of its universities is highly ranked internationally.

Serial Number

Universities 

World Ranking 

1.

International University of Monaco 

5097

 

Degrees Available in Monaco:

Serial Number

Degree Name 

Degree Description 

1.

Bachelor’s Degree

Bachelor’s degree in Monaco lasts for 3-4 years. Monaco offers 3 programs for bachelor’s degrees. 

2.

Master’s Degree

Master’s degree in Monaco lasts for 1 to 2 years. Monaco offers 3 programs for master’s degrees. 

3.

Doctoral Degree 

Doctoral degree in Monaco lasts for 2 to 4 years. 

Student Visa-Monaco:

Serial Number 

Visa Type

Visa Description 

1.

Long-term Student Visa 

A long-term student visa is provided to international students who want to stay in Monaco for more than 90 days. 

 

Intakes in Monaco:
  1. Spring Intake: Applications for spring intakes are in January.
  2. Fall Intake: Applications for fall intakes are in September.

 

Scholarships in Monaco:

Serial Number 

Scholarship Name 

Scholarship Description 

1.

Scholarships by IUM 

International University of Monaco offer scholarships to international students who perform well in their studies. These scholarships amount will be between 1000 to 5000 Euros.

2.

Papyrus Association Scholarships 

Papyrus Association Scholarships are offered to international students. Students who have a project literature will get a Paul Scholarship, Marc Scholarship will be offered to students who are pursuing their degrees in health and medical subjects, and many more scholarships are offered by Papyrus Association to international students.

3.

Government of Monaco Grants 

Monaco Grants scholarships are offered to international students to learn new languages. Eligibility criteria for these scholarships are that students should be of age 15 or above 15, studying in a university and school. 

4.

Monaco Government Study Awards 

Monaco Government Study Awards are offered to international students who are pursuing their diploma course from Monaco and a second scholarship is offered to students who are living apart from their families. 

5.

Monaco Foundation Scholarship 

Monaco Foundation Scholarship are offered to international students who are working towards environmental science and sustainability. 20 Awards are offered to international students. 

FAQs

How to finance your study abroad experience?

Things that will help a student finance their study abroad experience are- scholarships, part-time jobs, student loans, savings, etc.

How to make the most of your study abroad experience?

One can make the most of their study abroad experience by traveling, knowing the local culture, networking, meeting new and local people, etc.

How to find housing while studying abroad?

It’s a good idea to ask around the local students, or the student can also research online for accommodation while studying abroad. 

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