Study location	Italy, Pavia
Type	Graduate, full-time
Nominal duration	2 years (120 ECTS)
Study language	English
Course code	02411/00/2022

Tuition fee	€3,500 per year Tuition fee for non-EU students who enter Italy with a study visa is based on flat rate and depends on the citizenship. If non-EU students come from a family with limited financial resource, they can choose to have their tuition fee calculated according to their family income (from €156,00 to €3.985,00 per year). For more info please consult this link
Application fee	€35 per programme This fee is not refundable.

Entry qualification

Undergraduate diploma (or higher) The student should provide evidence to have acquired in the 3-year diploma the following number of ECTS (in case of students outside the European Union, the equivalent number of hours of study) in these areas: - at least 6 ECTS in economics subjects; - at least 6 ECTS in mathematics and statistics; - at least 3 ECTS in computer science. In alternative, to be eligible to apply for this master’s degree, the student should provide evidence to have acquired the 3-year diploma in: - Bachelor’s degree in Industrial Engineering - Bachelor’s degree in Information Engineering - Bachelor’s degree in Physics - Bachelor’s degree in Computer Science - Bachelor’s degree in Math - Bachelor’s degree in Statistics. The entry qualification documents are accepted in the following languages: English / French / Italian / Spanish. If the transcript provided by your home school is not in English, you will need to obtain official translations along with verified copies of the original. In order to finalize your enrollment, you must submit the scanned version of your original documents. Throughout the application process, the upload of the following documents will be required: MANDATORY: - a scanned copy of your passport or identity card. - a scan of you Bachelor degree transcript supplied by your university reporting the individual exams taken (or to be taken if still graduating) , relative marks and numbers of credits (or study hours) for each exam. If you have more than one degree, you may upload more than one transcript, each as a separate file. OPTIONAL: - a scan of your English language certificate.

Language requirements	English 6 ECTS in the English language are required. Otherwise, you should provide an international certification attesting a knowledge equal or higher than the B2 level of the Common European Framework (First Certificate in English). However no certification is required to students who have graduated from an institution in which teachings are entirely given in English.

Other requirements	A motivation letter must be added to your application. If you wish to find out the exact number of seats available for non-eu students consult this link.

More information	finance.cdl.unipv.it

Overview

The Master’s degree course in Finance provides students with knowledge in interpretative models of quantitative finance as well as statistical and econometric techniques.
Through high specialization in mathematics, statistics and IT, the course enables students to:
- Determine the value of financial activities;
- Measure financial products risks through econometric and risk hedging techniques;
- Design quantitative tools for optimal portfolio management;
- Analyze large databases.
The course is available also as double-degree program with partner Universities in Belgium, China, France, Germany, Hungary.

The formal approval of this program by the Italian Ministry of Education is expected by June 2022.

Programme structure

For Further Information please consult this link

YEAR 1
• One subject to be chosen between: Real Analysis / Economic models
• Probability and stochastic processes
• Firm valuation and capital markets instruments
• Capital Markets and EU Company Law
• Quantitative Finance
• Topics in portfolio management
• Econometrics
• One subject to be chosen betwenn: Numerical Optimization and Data Science / Computational Methods

YEAR 2
• Applied Finance
• Statistics for Finance
• Financial Econometrics
• Asset pricing and macroeconomics
• Laboratory on Financial Management

Career opportunities

The master degree in Finance prepares students to work in: banks, asset management companies, consulting companies, supervisory authorities and central banks, insurance companies, fintech and trading, venture capital. Graduates can therefore become: risk manager, quantitative analyst for the portfolio management, strategic analyst for asset management companies, quantitative analyst for fintech and trading.