Finance and Economics (MEF)
The first year courses, common to both curricula, also provide for the establishment of capabilities in statistics, mathematics and computational techniques 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 (not available to students enrolled in the 2020-2021 academic year due to a temporary suspension of the curriculum), 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 and / or actuarial sector.
Students with an italian degree (ex. DM 270 /04) of the following classes:
l-7 Ingegneria civile e ambientale
l-8 Ingegneria dell'informazione
l-9 Ingegneria industriale
l-16 Scienze dell'amministrazione e dell'organizzazione
l-18 Scienze dell'economia e della gestione aziendale
l-20 Scienze della comunicazione
l-30 Scienze e tecnologie fisiche
l-31 Scienze e tecnologie informatiche
l-32 Scienze e tecnologie per l'ambiente e la natura
l-33 Scienze economiche
l-35 Scienze matematiche
l-36 Scienze politiche e delle relazioni internazionali
l-37 Scienze sociali per la cooperazione, lo sviluppo e la pace
and students with an italian degree (ex DM 509/99) in the classes equivalent to those listed above can apply.
Candidates can also enroll to the programme from undergraduate classes other than those listed above after positive evaluation of the Collegio Didattico or its delegates (ad hoc committee or the President of the Collegio Didattico) if they substantively satisfy the access requirements.
Applicants 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/09, SECS-S/06).
b ) at least 6 ECTS in the statistical area (SECS-S/01 - SECS-S/05, SECS- P05): a statistics course or a basic econometrics one.
c) at least 12 ECTS in the economic area (SECS-P/01 - SECS-P/03, SECS-P/06): at least one course of Microeconomics and one of Macroeconomics.
d) evidence of computer skills (ECDL) or 3 ECTS in Computer Science (INF/01, ING-INF/05) or equivalent diploma.
As for the English language knowledge, a level B2 or higher (according to CEFR) properly certified (eg.: TOEFL, IELTS, etc.) is required. In the absence of of any certification the Admission Committee reserves the right to verify the candidates' knowledge of English during the interview to be conducted along the lines specified below.
Each applicant will have to submit, together with the application, a detailed curriculum vitae. Failing to provide the above mentioned documentation, the applicant will be excluded from the selection procedure.
Students with foreign qualification are expected to meet the substantive requirements equivalent to the minimum requirements for students with italian title. Such checking of pre-requisites will be conducted by an Admission Committee appointed by the Faculty Board - Collegio Didattico.
Applicants who meet the minimum entry requirements (irrespective of their nationality) are assessed by the Admission Committee according to the following criteria grid.
Criterion: Academic curriculum
Description: Length and quality of the undergraduate degree, as well as the final grade
Maximum score: 80
Criterion: Choice coherence
Description: Coherence between the previous academic curriculum/professional experience (if any) and the learning objectives of the Master's degree in Finance and Economics
Maximum score: 20
Applicants who obtain a score equal or less than 60 points are not admitted.
Applicants who obtain a score above 60 points but less than 80 points will be invited to an oral interview held in English language and exclusively done via electronic devices (eg.: via skype). The interview is aimed at examining in more depth the applicants' background knowledge and English fluency.
Applicants who obtain more than 80 points and satisfy the English knowledge requirements are admitted without any interview.
Applicants not submitting any proper English knowledge certification will undergo an oral interview with the Admission Committee even if they exceed the 80 points threshold.
Being a brand-new programme with an internationally oriented educational core strategy, MEF promotes a wide internationalization of their students, and therefore strongly encourages them to spend part of their studies abroad in Erasmus+ Programmes.
Erasmus+ provides opportunities to study, train, gain work experience and skills. Students can go abroad from 3 up to 12 months (including a complementary traineeship period, if planned), and may receive additional grants for studying or training. At the end of their foreign stay, students get full recognition of completed activities in terms of credits for their degree. Student mobility is carried out in the framework of prior "inter-institutional agreements" between the sending and receiving institutions.
Students can also join the traineeship programme (Placement), by going abroad from 2 up to 12 months, starting their traineeship from the first year of study. For a traineeship which is an integral part of the curriculum, the sending institution must give full academic recognition for the period spent abroad. For a traineeship that is not part of the curriculum of the student, the sending institution shall provide recognition at least by recording this period in the Diploma Supplement or, in the case of recent graduates, by providing a traineeship certificate. Traineeship may also be established with private and public companies, educational or research centers other than the hosting institution, especially in the field of finance.
MEF academic staff has strong relations with some important European universities, in particular in Germany, France and Poland but also outside the EU, and is actively involved in research and education networks, so that students' activity abroad (including the development of the final dissertation) can be successfully supervised. Short exchange programs are in place with the HSBC Business School - Peking University Shenzhen (China), Plekhanov Russian University of Economics (Moscow, Russian Federation).
The tuition fees for students enrolled in Bachelor's, Master's and single-cycle degree programmes are divided into two instalments with different calculation methods and payment schedules:
- The amount of the first instalment is the same for all students
- The amount of the second instalment varies according to the ISEE University value, the degree programme and the student status (on track / off track for one year or off track for more than a year)
- An additional fee is due for online programmes
The University also offers:
- Concessions for students meeting high merit requirements
- Diversified tuition fees according to the student's home country for international students with assets/income abroad
- Concessions for international students with refugee status
Scholarships and benefits
The University provides a range of financial benefits to students meeting special requirements (merit, financial or personal conditions, international students).
Admission, ranking and enrolment