International University of Monaco partners Luxury Connect Business School in India

The International University of Monaco (IUM), in the Principality of Monaco, on the French Riviera, has announced a partnership with the Luxury Connect Business School (LCBS) in New Delhi, India. LCBS now offers to its students various diploma programs in luxury management offering the possibility to undertake specific courses at IUM.  

The International University of Monaco will welcome Indian students from three programs offered by LCBS. The programs namely EDLM (Executive Diploma in Luxury Brand Management), PGDLM (Post graduate Diploma of Luxury Management) and EM-LBM (Executive Master in Luxury Business Management) are designed as a unique blend of Indian as well as overseas education. The students will spend 70% of their academic time in India and 30% at the IUM campus. The students will participate in certified tracks offered by IUM. The first batch of EDLM is scheduled to commence from February 2014 with the first exchange program taking place in April 2014. 

Students will have the opportunity to take courses in areas such as Luxury Services, Luxury Management, Retail Management and Luxury Hospitality etc. They will be in touch with key players in the luxury industry and gain hands-on knowledge of the major aspects of luxury management through active learning and project work. The International University of Monaco will be providing teaching staff, and will deliver a certificate for the courses successfully completed at IUM.

The schedule foresees a similar program in luxury business management for a 2016 launch.

IUM Certified Tracks proposed to LCBS students:

Students of three programs could undertake their studies in Monaco:

Executive Diploma in Luxury Brand Management (EDLM):

Within the 6 month program “Executive Diploma in Luxury Brand Management“, students will be offered the opportunity of following a course on “Luxury Services/Premium Services” at IUM commencing in April 2014. 40 hours spread as follows: 1 course of 30 hours luxury Services/Premium Services and 10 hours in a specific corporate project, offering an exposure to Monaco markets. Students will undertake a final examination and will get a certificate for course attendance and completion.

Post Graduate Diploma in Luxury Management (PGDLM):

Commencing in April 2015, a 3 month program adjusted on the current IUM Msc programs in Goods & Services management; Retail Management or Luxury Hospitality – from April to June every year. Students will undertake a final examination and will get a certificate for course attendance and completion.

Executive Master in Luxury Business Management (EM-LBM):

Commencing in April 2017, a 3 month program adjusted on the current IUM MBA program in Luxury Management in the 3rd semester (April-June) that represents 6 to 7 main courses Indian students will also be proposed specific company visits and guest lectures. Students will undertake a final examination and will get a certificate for course attendance and completion.