Course Objectives and Structure
Economics and Finance is an exclusive master programme aimed at providing an excellent academic background and a practical sense of today's financial markets and international economy.
The Master degree in Economics and Finance is a genuinely multidisciplinary programme, offering a well-balanced set of courses in economics and finance supported by several quantitative courses.
Graduates of this master course will receive advanced training on quantitative methodologies and tools suitable to interpret and analyze the economic and financial phenomena and to operate directly on financial markets or in international economic institutions. The study program is designed to provide the students with solid background through the development of topics of economic theory, analysis of international financial markets and the theory of decision making under uncertainty. It includes study of financial markets from both the point of view of international law, history and economics.
The first year establishes the capabilities in statistics, mathematics and computational techniques necessary for the analysis of financial data and economic time series.
The second year of the master program is organized in two curricula. The first, Financial Economics, is dedicated to the training of economists capable of operating at international institutions or central government level in both the financial and economic sphere.
The second curriculum, named Quantitative Finance, is aimed at preparing financial specialists capable of operating in the areas of pricing of derivatives, portfolio management, risk management and control in the financial sector.
The successful candidate of the Master program in Economics and Finance should have adequate knowledge of mathematics, microeconomics, macroeconomics, econometrics and statistics at undergraduate level.
Applicants have to submit their curriculum vitae, the transcript of exams and academic career, a motivation letter. Candidates can optionally ask their advisors to provide a presentation letter.
Applicants satisfying the entry requirements will be asked for a telematic interview aimed at substantive verification of their background, their motivations and their fluency in English.
The master course in Economics and Finance aims at forming the following professional profiles.
"Analyst and financial adviser": the professionals included in this category make suggestions for investment and give technical advice to managers on which they depend functionally; assist the management of financial investments through the economic and financial analysis of market data; propose predictive models of economics, financial times series and provide guidance for the calibration of theoretical models using market data. They operate in the office of financial management of banks, investment firms, investment funds, banks, financial intermediaries, research and financial statement purposes. They also work as private consultants.
"Operator of financial markets and financial intermediary": the figures included in this category act directly or on behalf of their company in the financial markets or as brokerage agents, also assist the company in the interaction with the regulatory authorities in the markets thanks to a thorough knowledge of the rules that govern them. They operate in the office of financial management of banks, investment firms, investment funds, banks, financial intermediaries, research and financial statement purposes.
" Manager or Director of the departments of finance, financial institutions or international economic institutions." The occupations included in this category exercise managerial functions of high responsibility in private and public companies with an international vocation, in finance, risk management and credit.
Skills: baggage of theoretical knowledge of economic-legal type for the management of economic institutions and private companies or in banking and financial institutions operating in international contexts. They operate private or public companies in industry and services to businesses, banks and similar institutions, and international and governmental institutions.
" Professionals in the management of programs and projects of international development.": the occupations included in this category contribute to the formulation, management, monitoring, reporting of programs and projects of business development and market expansion within the international arena. They operate private or public companies of industry, trade, business services, banks and similar institutions, and international and governmental institutions.
Courses common to both curricula:
Data Mining and Computational Statistics
International Economic Law
Mathematical Methods and Modeling
Risk Assessment and Management
Time Series Analysis
Decision Theory and Behavioural Economics
Financial Markets and Financial Crises: A Historical Approach
Total number of common CFU : 66
Curriculum: Financial Economics
Money and Finance
Curriculum: Quantitative Finance
Numerical and Statistical Methods for Finance
Total number of CFU at the end of each curriculum: 84
Students must earn 12 CFU for elective activities. and 3 CFU by selecting an Internship/Stage.
The preparation of the finanl disseration consists of 21 CFU which completes the 180 CFU.