Finance and Economics (MEF)

To attend the Master program in Economics and Finance it is necessary to demonstrate to possess strong knowledge of mathematics, economics and statistics at the undergraduate level.

Admission to the Master programme in Finance and Economics requires:

1. Curricular requirements

A) Students with an Italian degree (ex. DM 270/04 and DM 509/99) of the following classes:

L-18 Scienze dell'economia e della gestione aziendale
L-33 Scienze economiche
L-41 Statistica

can apply.

B) Candidates can also enroll in the programme from undergraduate classes other than those listed above after positive evaluation of the Collegio Didattico or its delegates (an Admission Committee or the President of the Collegio Didattico) if they substantively satisfy the access requirements as shown below.

Candidates lacking one or more of the following minimum entry requirements will not be assessed by the Admission Committee:

a) at least 6 ECTS in the area of mathematics (MAT/01 - MAT/05; MAT/07 - MAT/09; SECS-S/06).
b) at least 6 ECTS in the statistical area (MAT/06; SECS-S/01 - SECS-S/05; SECS-P/05).
c) at least 12 ECTS in the economic area (SECS-P/01 - SECS-P/03; SECS-P/06).

The requirements must be met by the date of effective submission of the application for admission.

2. Proficiency in English

Proficiency in English at a B2 level or higher per the Common European Framework of Reference for Languages (CEFR) is required for admission.
The B2-level requirement will be ascertained by the University Language Centre (SLAM) upon admission as follows:
- Language certificate of B2 or higher level issued no more than three years before the date of admission application. You will find the list of language certificates recognized by the University at: https://www.unimi.it/en/node/39322. The certificate must be uploaded when submitting the online application;
- English level achieved during a University of Milan degree programme and certified by the University Language Centre (SLAM) no more than four years before the date of admission application, including levels based on language certificates submitted by the applicant during their Bachelor?s degree at the University of Milan. In this case the process is automatic, the applicant does not have to attach any certificates to the application;
- Entry test administrated by the University Language Centre (SLAM) according to the calendar published on the website: (https://www.unimi.it/en/node/39267/)
All those who fail to submit a valid certificate or do not meet the required proficiency level will be instructed during the admission procedure to take the Entry test.
Applicants who do not take or pass the Entry test will be required to obtain a language proficiency certificate recognized by the University (see https://www.unimi.it/en/node/39322) and deliver it to the SLAM via the InformaStudenti service by the deadline fixed for the master?s programme (https://www.unimi.it/en/node/39267/).
Applicants who do not meet the requirement by said deadline will not be admitted to the master's degree programme and may not sit any further tests.

3. Personal competencies and skills: assessment criteria

Minimum curricular requirements are necessary yet not sufficient conditions for admission. Candidates will be also evaluated on the basis of personal competencies and skills by an Admission Board appointed by the Faculty Board (Collegio Didattico).
Assessment of personal competencies and skills will be ascertained in two subsequent stages. First, candidates will take a written online admission test, held in English language. Detailed description of the test content, dates and organization will be provided on the website of the master program ''Application'' section. Candidates who do not sit or reach the minimum level required by the Admission Board in the admission test will not be further evaluated and cannot sit further tests.

Candidates holding an Italian bachelor degree with a final score of 105 or higher out of 110 are exempt from taking the written admission test.

Non EU visa applicants must necessarily take the compulsory online admission test by the first available test session immediately following the deadline for visa seekers' applications at the very latest, under penalty of exclusion.

For candidates who reach the minimum level in the admission test and meet the compulsory curricular requirements, the Admission Board will further evaluate their personal competencies and skills based on academic merit and choice coherence. Academic merit relates to the quality of the previous degree as well as the average grade obtained in the bachelor program. Grades obtained in Bachelor mathematics, statistics and economics courses could also be evaluated to assess candidates' academic merit. Choice coherence relates to coherence between the academic and professional curriculum of the candidates and the learning objectives of the Finance and Economics degree programme.

To allow the Admission Board to assess academic merit and choice coherence, each applicant must submit at time of application:
- a detailed curriculum vitae (it refers to study and work experience and any relevant achievements);
- a detailed study plan of the bachelor program, with the list of exams taken and relative grade, as well as average grade obtained and final degree.

Failing to provide the compulsory documentation will result in the exclusion from the selection procedure.
The Admission Board reserves the possibility to request the applicant an oral interview for admission, held in English language and exclusively done via electronic devices (eg.: via skype or other platforms). The interview is aimed at further verifying the skills as mentioned above.
Applicants must obtain the bachelor degree by 31st December 2025.