Finance

University of Siena
Italy, Siena

School of Economics and Management Italy, Siena, Piazza S. Francesco, 7/8

Study location	Italy, Siena, Piazza San Francesco 7/8 - email: didattica.sem@unisi.it
Academic field	Finance (JACS N300)
Type	Master's Degree, full-time
Nominal duration	2 years (120 ECTS)
Study language	English
Awards	M (LM-16 Second cycle degree in Finance)

Application fee	€49.90 per program

Entry qualification	Bachelor/Undergraduate diploma (or higher) After You Apply An Enrolment Committee will evaluate your competencies and skills to determine if they meet the program requirements. Admission Criteria The required competencies for admission include: A solid academic background in economics, management and business, mathematics, statistics; Basic calculus, economics of financial markets and principles of financial mathematics. After the Evaluation You will be notified of the outcome approximately one month after the application deadline, or earlier. At the discretion of the Enrolment Committee, students who pass the initial selection based on the submitted documents may be invited to take a remote online test and/or attend an interview. The dates for any additional selection tests will be communicated via email. The entry qualification documents are accepted in the following languages: English / Italian. Schools and universities usually provide documentation translated into English. If this is not available, an official translation will be required, along with certification of the authenticity of the original documents. Review the documents required for the admission application at this link: admission.unisi.it/?p=1193 Review the documents required for enrollment (upon admission) at the link admission.unisi.it/?p=1193 Upload copies on the application

Entry qualification

Bachelor/Undergraduate diploma (or higher)

After You Apply
An Enrolment Committee will evaluate your competencies and skills to determine if they meet the program requirements.

Admission Criteria
The required competencies for admission include:

A solid academic background in economics, management and business, mathematics, statistics;
Basic calculus, economics of financial markets and principles of financial mathematics.

After the Evaluation
You will be notified of the outcome approximately one month after the application deadline, or earlier.

At the discretion of the Enrolment Committee, students who pass the initial selection based on the submitted documents may be invited to take a remote online test and/or attend an interview. The dates for any additional selection tests will be communicated via email.

The entry qualification documents are accepted in the following languages: English / Italian.

Schools and universities usually provide documentation translated into English. If this is not available, an official translation will be required, along with certification of the authenticity of the original documents.

Review the documents required for the admission application at this link: admission.unisi.it/?p=1193

Review the documents required for enrollment (upon admission) at the link admission.unisi.it/?p=1193

Upload copies on the application

Territory requirements	Applications are accepted from the following territories (based on citizenship): World.

Language requirements	English English fluency is required, with a minimum proficiency level of B2 according to the Common European Framework of Reference for Languages (CEFR). For further information, check the following link admission.unisi.it/?p=1944

Language requirements

English

English fluency is required, with a minimum proficiency level of B2 according to the Common European Framework of Reference for Languages (CEFR).

For further information, check the following link

admission.unisi.it/?p=1944

Other requirements	A statement of purpose must be added to your application.

More information	finance.unisi.it/en

The MSc Programme in Finance is a two years course delivered entirely in English on financial applications, models and solutions from corporate, economic and quantitative perspectives. The programme covers the most important technical and quantitative aspects of finance in regular use in financial institutions.

The MSc in Finance program is intended to prepare students for a wide range of careers both inside and outside the financial industry, including advanced corporate finance, financial engineering and risk management, quantitative asset management, macroeconomic and financial forecasting, quantitative trading, and applied research.

The MSc in Finance will provide knowledge in three main fields:

Quantitative Area
Students study in depth the methods used in financial markets to price financial securities: basic principles of stochastic calculus, no-arbitrage principle and risk neutral (martingale) pricing, derivatives pricing, interest rate derivatives, stochastic volatility models, financial econometrics.

Economic Area
Students are exposed to the theoretical framework of modern financial economics: microeconomic models for business and finance, models with asymmetric information and decision under uncertainty, monetary economics and central banking approaches;

Management Area
Our fundamental courses will provide the knowledge to study financial behaviour of financial and non-financial firms and financial markets.

The programme provides several international mobility programs at qualified European (Erasmus), North American and Australian universities, as well as double degree programs with the University of Ljubljana and the Romanian-American University (Bucarest). More double degree agreements are in progress.

Click here for further information.

MUR degree class: LM-16 Second cycle degree in Finance
Duration in years: 2
Credits: 120
Language: English

The MSc in Finance prepares students for a wide range of professional roles in financial markets, risk management, and corporate finance. Below are some of the potential career paths and their related skillsets:

1. Jobs in Financial Markets
Professionals in financial markets require strong analytical skills to evaluate risk and return factors associated with various types of investments. They must possess a deep understanding of market dynamics, including the impact of economic conditions and regulatory constraints on trading and management strategies. The ability to interpret and respond to these factors is crucial for designing and implementing effective trading and portfolio management solutions.

Potential Job Roles:

Proprietary Portfolio Manager
Portfolio Manager for Third Parties
Trader in Financial Markets

2. Expert in Analysis, Control, and Financial Risk Management
Success in this area demands an advanced understanding of the determinants of risk and profitability across different market segments. Professionals must be skilled in identifying how market factors and regulatory constraints influence portfolio performance and trading strategies. Additionally, expertise in the measurement and control of financial risks is essential to ensure sound financial decision-making and the protection of institutional assets.

Professional Opportunities: