In the heart of Europe, Italy provides more than just historic cities, renaissance, and incredible cuisine. This country is now emerging as the leading destination of education amongst international students. Along with Culinary Arts, Italy is also known for Business and Financial programs which attract large number of students globally, every year. Italy has become a strong hub for higher education in finance and business. For students who are looking to pursue a Master of Science (MSc) in Finance, Italy offers internationally recognized programs, modern teaching methods, and access to European financial markets.
What is MSc in Finance?
An MSc in Finance is a postgraduate degree which focuses on financial management, investments, risk analysis, markets, and even corporate finance. This course is designed for students who are particularly interested in banking, investment firms, corporate finance, and fintech. Mostly, this program lasts for 2 years and are specifically taught in English that attracts international students.
Why study MSc in Finance in Italy?
The following are the few reasons why students majorly prefer Italy for finance education:
- The quality of education in Italy is highly ranked as it offers globally competitive programs.
- Many MSc Finance programs in Italy are taught in English which makes them accessible to international students.
- Tuition fees are affordable as compared to the UK or the US. Italy offers programs with low fees starting at €2,000 per year at public universities.
- Studying in Italy opens doors for internships and jobs in Europe, especially in financial hubs like Milan, the economic capital of Italy.
Top Universities in Italy to study MSc in Finance
Bocconi University, Milan
Bocconi University offers a 2-years long MSc in Finance degree course which is taught in English language so that communication becomes easy with the international students. Additionally, the university is considered among the top business schools in Europe. It also offers excellent placement to their students, in firms like Goldman Sachs, PwC, McKinsey.
LUISS University, Rome
MSc in Finance program in LUISS University is a 2-year degree course which is taught in English, to avoid communication barriers with students from different countries. It also focuses on financial markets and corporate finance as it offers internship opportunities to students in Rome and abroad.
University of Bologna (Bologna Business School)
Bologna University offers MSc in Finance and Fintech which combine finance with digital technology. It is a 2-year program that is taught in English. This university has strong academic reputation and also offers suitable careers in the Fintech sector.
Politecnico di Milano, Milan
Politecnico University offers MSc in Management Engineering with specialization in Finance. It is a 2-year program which is taught in English and is ideal for students with an engineering background. It also combines finance with analytics, and tech skills.
University of Pavia, Pavia
University of Pavia offers 2 years program in MSc in Finance in English language. The university offers budget-friendly tuition, focused teaching along with good academic and research careers.
Specialization in courses in Italy
While the content in the course may vary by university, but most MSc in Finance programs in Italy may include subjects like Financial Markets, Investment Analysis, Risk Management, Corporate Finance, Banking and Financial Regulation. Specialization in areas such as Fintech and Blockchain, Mergers and Acquisitions, Financial Modelling, Derivatives and Structured Products.
In the final year, the students will have to participate in internship or industry project, along with Thesis and Research Dissertation.
Cost of living and tuition fees in Italy
The cost of tuition at public institutions is between €2,000 and €4,000 every year, whereas private colleges, such as Bocconi and LUISS University, charge between €13,000 and €17,000 every year.
Monthly Living Expenses
- Lodging: Between €300 and €600
- Food: €150–€250
- Monthly estimated total: €600–€1,000
- Miscellaneous & Transport: €100–€150
Scholarships for International Students
Italy offers several scholarships and financial aid to the international students:
There are Government Scholarships such as DSU Scholarship (based on income and merit), Italian Government Scholarship for Foreign Students.
There are also University-specific Scholarships such as Bocconi Merit Award, LUISS International Scholarships, Unibo Action Scholarships (University of Bologna).
Eligibility Criteria
All university’s requirements may differ slightly but the common are as follow:
- A Bahcelor’s degree- preferably in economics, business, finance.
- English proficiency exam scores – IELTS/ TOEFL or equivalent degree in English language.
- Updated CV, Statement of Purpose (SOPs), and Letters of Recommendation (LORs)
Career Prospects
After graduating in MSc in Finance from Italy, one can work in sectors like:
- Investment Banker Analyst, Risk Analyst, Equity Research Associate, Business Analyst, Financial Controller, Data Analyst in financial services, Fintech Product Manager.
FAQs: Study MSc in Finance in Italy
Is MSc Finance in Italy taught in English?
Yes. Most of the programs are taught in English, to accommodate international students.
What is the duration of MSc in Finance program in Italy?
The program is mostly for 2 years including internship, coursework, and thesis.
Are scholarships available for international students?
Yes. Various government and university scholarships are offered based on merit or financial needs.
What are the basic admission requirements?
A relevant bachelor’s degree, English language test scores, CV, SOP, and LORs.
For further assistance or queries students can contact us, Edwise International, and avail our wide range of services for students on destinations like Universities in Australia, study in Australia, study in UK, study in USA, study in Canada, study in Ireland, study in New-Zealand, study in Singapore, study in Germany, study in France and many other countries.
