YACHTING INDUSTRY

The International University of Monaco is proud to offer a specialization dedicated to Yachting as part of its Master in Luxury Management. This unique program, developed in collaboration with the Cluster Yachting Monaco, is designed to meet the specific needs of the yachting industry by training professionals with advanced managerial skills in the luxury sector.ith the growing global demand for yachting management expertise, this specialization offers students an in-depth understanding of the industry, combined with an international perspective. The program is built on a solid methodological foundation and focuses on the key processes and dynamics that shape the yachting industry.

Students gain practical experience through hands-on projects, carried out in close collaboration with key industry players. These projects offer invaluable practical perspectives as well as networking opportunities with high-level professionals, enabling graduates to make a significant contribution to organizations operating in the yachting field.

The specialization is designed in partnership with the Cluster Yachting Monaco, a group of renowned experts in the field. This collaboration ensures that students acquire the cutting-edge skills and knowledge needed to succeed in the competitive world of yachting management.

An overview

Students specializing in Yachting as part of the Master in Luxury Management at IUM benefit from the unique environment of the Principality of Monaco, a world center of luxury yachting, as well as the incomparable networking opportunities offered by the university. This specialization combines cutting-edge faculty research with real-world industry perspectives, giving students a distinct competitive edge.

As the only university in close and constant collaboration with the world’s leading companies, the IUM enables its Yachting specialization students to interact regularly with managers and industry leaders. Through established partnerships with the Cluster Yachting Monaco, the Monaco Yacht Show, trade associations, leading shipyards, brokers and designers, students gain practical experience and access to a vast professional network that prepares them to excel in the yachting industry.

Why choose this program?

The Yachting specialization of the Master in Luxury Management at IUM is specifically designed to prepare students for a thriving career in the luxury yachting industry. Located in the heart of the Principality of Monaco, a global epicenter of yachting, this program offers an unrivalled blend of academic excellence, industry commitment and practical application.

Key benefits include:

• A strategic location: Studying in Monaco puts you at the heart of the luxury yachting industry, with direct access to world-renowned events such as the Monaco Yacht Show and an extensive network of top-level professionals.
• Exclusive networking opportunities: direct access to industry leaders, events such as the Monaco Yacht Show, and partnerships with the Cluster Yachting Monaco and other major industry players.
• Expert-led learning: Courses developed in collaboration with industry leaders give you the skills and knowledge you need to excel in this dynamic field.
• Practical experience: hands-on projects and internships immerse students in the processes and challenges of the yachting industry.

Choosing this program means gaining a competitive edge and the tools needed to succeed in a prestigious and constantly evolving industry.

Professional Immersion

The MSc in Luxury Management with a specialization in Yachting at IUM ensures a continuous link between the academic program and the yachting industry, giving students direct access to key players and major industry events.

Our students regularly take part in :

Conferences by Guest Professionals & CEOs: Students interact with senior executives and opinion leaders from leading yachting companies, such as Rossinavi, Fraser Yachts, Wally Yachts, Azimut Benetti, Monaco Yacht Show and many others. These sessions offer unique insights into the management and operations of the yachting industry.

Luxury Yachting Events: Students have the opportunity to attend prestigious events such as the Monaco Yacht Show and Cannes Yachting Festival, offering exposure to industry trends, new yacht designs and networking opportunities with top professionals.

Excursions: These visits enable students to deepen their understanding of the yachting industry through first-hand experiences at leading shipyards, brokers and luxury yacht brands. Students have visited companies such as Benetti Yachts, Ferretti Group, Italian Sea Group, Rossinavi and various renowned yacht management companies, gaining valuable insights into yacht building, sales and management.

Company Presentations: Students meet with human resources managers and key decision-makers in the yachting industry, who are keen to recruit talented graduates for internships and full-time positions. These interactions ensure that students are well prepared for careers in yacht management, brokerage, charter and related fields.

By combining academic learning with practical exposure to leading figures and organizations in the yachting industry, our students are uniquely prepared to succeed in this exclusive and dynamic field.

Career Opportunities for Specialization in the Yachting Industry

This specialization offers graduates unique career opportunities within the global yachting industry, responding to the growing demand for qualified professionals with an in-depth understanding of luxury marine services and operations. Students will gain expertise in yachting operations management, business management and luxury services, preparing them to manage and lead various segments of the industry, from private yacht management to yacht design and sales.

Graduates of the MSc in Luxury Management may consider the following careers:

• Yacht Manager: Oversee the day-to-day operations of a yacht, including crew management, logistics, maintenance and compliance with international maritime regulations. Responsible for ensuring the smooth running of the yacht and meeting the owner’s high standards.

• Yacht Broker: Specializing in the purchase, sale and charter of yachts, building relationships with customers to understand their needs and guide them through the process of buying or chartering luxury vessels.

• Marine Consultant: Providing expert advice on yacht construction, management and operations. Consultants may specialize in yacht design, compliance, maintenance or marketing, helping yacht owners and companies optimize their operations.

• Charter Sales Manager: Managing the charter process, helping customers choose the right yacht for their needs, organizing itineraries and ensuring that the yacht is well prepared for each voyage. They are also responsible for promoting yachts and attracting high-net-worth clients.

• Marine Luxury Events Manager: Specialize in organizing and managing events and exhibitions in the yachting industry, such as yacht shows, product launches and corporate events, ensuring that all aspects are executed flawlessly to maintain the brand’s luxury image.

• Yachting Marketing & Sales Director: Oversee the marketing and sales efforts for a yachting company, promoting luxury yachts in target markets and driving sales in a competitive international environment.

• Fleet Operations Manager: Responsible for the management and coordination of a fleet of yachts, overseeing operational logistics, maintenance schedules, crew training and ensuring that each yacht meets the high standards expected by its owners and guests.

• Yachting Financial Analyst: Manage the financial planning, budgeting and analysis of yacht operations or brokerage businesses, ensuring the profitability and financial sustainability of the luxury yachting sector.

• Human Resources & Crew Manager: Manage the recruitment, training and welfare of yacht crew members. Ensure that the crew complies with international standards while promoting a positive working environment and providing first-class service to guests.

Graduates of the MSc in Yachting Management are well equipped to take up senior positions in a wide range of organizations, including private yacht management companies, yacht charter companies, shipyards, luxury brands, maritime law firms and yacht brokerage agencies. Their specialized knowledge of luxury yacht services and international business operations gives them a competitive edge in the fast-growing yachting industry.

IUM: A World Leader in the Education of Ultra-High Net Worth Individuals (UHNWI)

In recent years, the International University of Monaco (IUM) has strengthened its position as a global reference for the Ultra High Net Worth Individual (UHNWI) segment. This commitment is reflected in prestigious initiatives such as the organization of the annual UHNWI Insight Summit for the fourth consecutive year and its role as Research Partner for the Superyacht Life Foundation. Thanks to these efforts, the IUM continues to consolidate its links with the world of luxury, offering students unprecedented access to industry leaders and high net worth individuals.