2 years

Starting Date

End of September

Tuition Fee

From € 756 to a maximum of € 2,406 per year*


Siena, Italy

*The tuition fee is calculated according to the country of origin and ranges from a minimum of € 756 to a maximum of € 2,406 (per year).

About the programme

The MSc in Finance program offered by the University of Siena 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.

This programme is dedicated to students who have a first degree (or equivalent) in economics or in subjects providing quantitative and financial skills.

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.

Moreover, regulation of financial markets will be analysed in order to learn how financial players are subject to regulation constraints.

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.

Courses Included

  • Corporate Valuation
  • Econometrics
  • English for Economics & Business
  • Financial Investments and Risk Management
  • Financial Modeling
  • Fundamentals of Programming

Career Prospects

Jobs in Financial Markets

Skills associated with the function:

  • Analyst for risk and return factors of the different types of investments
  • Market factors and regulatory constraints affecting trading and management strategies


  • Proprietary portfolio manager
  • Portfolio manager with third parties
  • Trader in the financial markets

Expert in Analysis, Control and financial risk management

  • Skills associated with the function:

Determinants of risk and profitability factors in the different market segments. Market factors and regulatory constraints affecting portfolio and trading strategies. Measurement and control of financial risks.

Professional opportunities:

  • Risk manager
  • Financial Consultant
  • Market analyst
  • Managers of financial intermediaries
  • Managers in financial directorates of non-financial corporations

Interested? Get started today!

Request free information

Request free information

Fill out this form to request more info on tuition, course details & more.

Why do we need this info?
Admission and visa requirements and differ from country to country. Providing your nationality helps us in sending you the correct information.
Why do we need this info?
The university may need your number to contact you for additional information.