Since 2007, the Monegasque Employment Department and the AMAF (Monegasque Financial Activities Association) have offered young people with a 2-year post-Baccalauréat qualification the possibility of taking a year-long co-operative education program in financial establishments in Monaco. In 2016 this took the form of a Bachelor in Business Administration, with classroom teaching provided by the International University of Monaco (I.U.M.).
The aim of the partnership between the Employment Department, the AMAF and the IUM is to respond to important challenges: for the Principality the goal is to train young people locally in the specialties required for banking and the finance industry, a key sector for the economic development of Monaco, through innovative bilingual training in finance that will promote their professional integration and career prospects.
Students benefit from a Math-Finance Refresher Course and study Financial and Commercial Culture and the Monegasque Financial Market: Compliance, ethics and regulation; they also develop their Financial Skills. Many of the course modules, both theoretical and practical, are taught in English. Students are selected on the basis of their academic results, professional experience, motivation and leadership qualities.
This co-operative education program is organized with 2 classroom days and 3 work experience days every week; it lasts 10 months for classes (September – June) and 12 months for work experience (September – end-August).
For further information contact either the IUM: +377 97 98 57 21, or the Youth Employment section of the Employment Department: +377 98 98 41 78.
