With the Master degree in Economics & Finance (E&F), the University of Milan aims at offering an exclusive and high-quality study program. This internationally oriented master degree is thought to provide students with an excellent academic background and practical sense, as well as with a promising outlook for a future career in today’s challenging and dynamic financial markets and international
economy. Due to the growing complexity of today’s economics and finance, expertise only in economics or, conversely, in quantitative methods are not enough to succeed everyday’s challenges. The Master degree in Economics & Finance is organized to provide knowledge on both the economic mechanism and the behaviour and history of financial markets, to build solid bases of quantitative and numerical methods and to give insights of decision making under uncertainty and the basics of risk analysis. Indeed, recent and repeated financial crises have proven that mathematical thinking and economical theories cannot be considered separately from historical analyses and regulatory mechanism. Throughout the program, a well-balanced study track builds strong quantitative skills coupled with a solid knowledge base of the underlying theory of finance and economics. Students acquire the necessary knowledge and skills to use mathematical models to comprehend complex financial problems and learn how to apply these models in the fields of economic sciences and financial market analysis. During the second year students of the Master degree in Economics & Finance might choose to specialize further in one of the two fields of Financial Economics and Quantitative Finance. Working closely together with our outstanding faculty, students will benefit from their knowledge and international scientific networks as well as their links with the industry but they might also attend seminars, laboratories and other activities organized yearly by the Department of Economics, Management and Quantitative Methods. Graduates of this master course will receive advanced training on quantitative methodologies and tools suitable to interpret and analyze the economic and financial phenomena and to operate directly on financial markets or in international economic institutions. The study program is designed to provide the students with solid background through the development of topics of economic theory, analysis of international financial markets and the theory of decision making under uncertainty. It includes study of financial markets from both the point of view of international law history and economics. The first year courses, common to both curriculum, 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, 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.
