1. Courses
  2. Educational plan

Educational plan

Programme overview

The Master degree in Finance & Economics is a genuinely multidisciplinary programme, offering a well-balanced set of courses in economics and finance supported by several quantitative courses. Students must acquire 120 ECTS to complete the programme; among them, 30 credits are devoted to additional educational and research activities, for example dissertation writing, research seminars and elective courses.

MEF structure
Programme structure

First year
Mandatory courses 60 ECTS

Second year
Mandatory courses 12 ECTS

Curricula
Quantitative Economics 18 ECTS
Quantitative Finance 18 ECTS

Elective courses 9 ECTS

Stage 3 ECTS

Master Thesis
18 ECTS



These educational plans and programme descriptions refer to the A.Y. 2024/2025
Finance and economics (MEF) (Classe LM-16)
Enrolled from 2024/2025 academic year (B73)
Programme description (Manifesto)
First trimester
Courses or activities ECTS Total hours Language SSD
Compulsory
Financial Investments: Module I, Portfolio Theory; Module Ii, Portfolio Management 12 80 English SECS-P/09 SECS-P/11
Mathematical Methods for Finance 9 60 English SECS-S/06
Statistical Methods for Finance 6 40 English SECS-S/01
Second trimester
Courses or activities ECTS Total hours Language SSD
Compulsory
Advanced Microeconomics and Macroeconomics 12 80 English SECS-P/01
Econometrics 6 40 English SECS-P/05
Third trimester
Courses or activities ECTS Total hours Language SSD
Compulsory
Data Mining and Computational Statistics 9 60 English SECS-S/01
International Economic Law 6 40 English IUS/13
be activated by the A.Y. 2025/2026
First trimester
Courses or activities ECTS Total hours Language SSD
Compulsory
Financial Economics 6 40 English SECS-P/01 SECS-P/02
Risk Management 6 40 English SECS-S/06
Optional
Financial Report Lab 3 20 English SECS-P/11
Second trimester
Courses or activities ECTS Total hours Language SSD
Compulsory
Financial Markets and Financial Crises: a Historical Approach 6 40 English SECS-P/12
Numerical Methods for Finance and Portfolio Optimization 12 80 English SECS-S/01 SECS-S/06
Conclusive activities
There are no specific sessions for these activities (e.g. open online courses).
Courses or activities ECTS Total hours Language SSD
Compulsory
Final Exam 18 0 English
First trimester
Courses or activities ECTS Total hours Language SSD
Optional
Laboratory of Bank Loan Pricing 3 20 English SECS-P/01 SECS-P/02
Second trimester
Courses or activities ECTS Total hours Language SSD
Optional
Laboratory Introduction to Coding and Data Management for Economics and Political Science 3 20 English INF/01
Third trimester
Courses or activities ECTS Total hours Language SSD
Optional
Advanced Laboratory in Financial Risk Management 3 20 English SECS-P/05
Laboratory Public Policy in Government 3 20 English SECS-P/01
Undefined
There are no specific sessions for these activities (e.g. open online courses).
Courses or activities ECTS Total hours Language SSD
Optional
Additional Language Skills: Italian (3 ECTS) 3 0 Italian
Optional activities and study plan rules
1 - Students must earn 9 credits for elective activities.
Foreign students with insufficient knowledge of the Italian language can obtain 3 ECTS for "Additional Language Skills: Italian" (please check: https://mef.cdl.unimi.it/en/courses/italian-language-foreigners-tests-and-courses)
Courses or activities ECTS Total hours Language Lesson period SSD
Additional Language Skills: Italian (3 ECTS) 3 0 Italian Undefined
3 - Students must earn 3 credits by selecting an Internship/Stage (please check: https://mef.cdl.unimi.it/en/study/stage-and-internship)
First trimester
Courses or activities ECTS Total hours Language SSD
Compulsory
Financial Investments: Module I, Portfolio Theory; Module Ii, Portfolio Management 12 80 English SECS-P/09 SECS-P/11
Mathematical Methods for Finance 9 60 English SECS-S/06
Statistical Methods for Finance 6 40 English SECS-S/01
Second trimester
Courses or activities ECTS Total hours Language SSD
Compulsory
Advanced Microeconomics and Macroeconomics 12 80 English SECS-P/01
Econometrics 6 40 English SECS-P/05
Third trimester
Courses or activities ECTS Total hours Language SSD
Compulsory
Data Mining and Computational Statistics 9 60 English SECS-S/01
International Economic Law 6 40 English IUS/13
be activated by the A.Y. 2025/2026
First trimester
Courses or activities ECTS Total hours Language SSD
Compulsory
Financial Economics 6 40 English SECS-P/01 SECS-P/02
Optional
Financial Report Lab 3 20 English SECS-P/11
Second trimester
Courses or activities ECTS Total hours Language SSD
Compulsory
Financial Markets and Financial Crises: a Historical Approach 6 40 English SECS-P/12
Undefined
There are no specific sessions for these activities (e.g. open online courses).
Courses or activities ECTS Total hours Language SSD
Compulsory
Macro and econometrics for finance 12 80 English SECS-P/01 SECS-P/05
Not specified period
Courses or activities ECTS Total hours Language SSD
Compulsory
Corporate Finance and Valuation 6 40 English SECS-P/11
Conclusive activities
There are no specific sessions for these activities (e.g. open online courses).
Courses or activities ECTS Total hours Language SSD
Compulsory
Final Exam 18 0 English
First trimester
Courses or activities ECTS Total hours Language SSD
Optional
Laboratory of Bank Loan Pricing 3 20 English SECS-P/01 SECS-P/02
Second trimester
Courses or activities ECTS Total hours Language SSD
Optional
Laboratory Introduction to Coding and Data Management for Economics and Political Science 3 20 English INF/01
Third trimester
Courses or activities ECTS Total hours Language SSD
Optional
Advanced Laboratory in Financial Risk Management 3 20 English SECS-P/05
Laboratory Public Policy in Government 3 20 English SECS-P/01
Undefined
There are no specific sessions for these activities (e.g. open online courses).
Courses or activities ECTS Total hours Language SSD
Optional
Additional Language Skills: Italian (3 ECTS) 3 0 Italian
Optional activities and study plan rules
1 - Students must earn 9 credits for elective activities.
Foreign students with insufficient knowledge of the Italian language can obtain 3 ECTS for "Additional Language Skills: Italian" (please check: https://mef.cdl.unimi.it/en/courses/italian-language-foreigners-tests-and-courses)
Courses or activities ECTS Total hours Language Lesson period SSD
Additional Language Skills: Italian (3 ECTS) 3 0 Italian Undefined
3 - Students must earn 3 credits by selecting an Internship/Stage (please check: https://mef.cdl.unimi.it/en/study/stage-and-internship)
Finance and economics (MEF) (Classe LM-16)
Enrolled from 2021/22 academic year (B73)
Programme description (Manifesto)
course year not available
First trimester
Courses or activities ECTS Total hours Language SSD
Compulsory
Financial Investments: Module I, Portfolio Theory; Module Ii, Portfolio Management 12 80 English SECS-P/09 SECS-P/11
Mathematical Methods for Finance 9 60 English SECS-S/06
Statistical Methods for Finance 6 40 English SECS-S/01
Second trimester
Courses or activities ECTS Total hours Language SSD
Compulsory
Advanced Microeconomics and Macroeconomics 12 80 English SECS-P/01
Third trimester
Courses or activities ECTS Total hours Language SSD
Compulsory
Data Mining and Computational Statistics 9 60 English SECS-S/01
International Economic Law 6 40 English IUS/13
Not specified period
Courses or activities ECTS Total hours Language SSD
Compulsory
Time Series Analysis 6 40 Italian SECS-P/05
First trimester
Courses or activities ECTS Total hours Language SSD
Compulsory
Financial Economics 6 40 English SECS-P/01 SECS-P/02
Risk Management 6 40 English SECS-S/06
Optional
Financial Report Lab 3 20 English SECS-P/11
Second trimester
Courses or activities ECTS Total hours Language SSD
Compulsory
Financial Markets and Financial Crises: a Historical Approach 6 40 English SECS-P/12
Numerical Methods for Finance and Portfolio Optimization 12 80 English SECS-S/01 SECS-S/06
Conclusive activities
There are no specific sessions for these activities (e.g. open online courses).
Courses or activities ECTS Total hours Language SSD
Compulsory
Final Exam 18 0 English
First trimester
Courses or activities ECTS Total hours Language SSD
Optional
Laboratory of Bank Loan Pricing 3 20 English SECS-P/01 SECS-P/02
Second trimester
Courses or activities ECTS Total hours Language SSD
Optional
Laboratory Introduction to Coding and Data Management for Economics and Political Science 3 20 English INF/01
Third trimester
Courses or activities ECTS Total hours Language SSD
Optional
Advanced Laboratory in Financial Risk Management 3 20 English SECS-P/05
Laboratory Public Policy in Government 3 20 English SECS-P/01
Undefined
There are no specific sessions for these activities (e.g. open online courses).
Courses or activities ECTS Total hours Language SSD
Optional
Additional Language Skills: Italian (3 ECTS) 3 0 Italian
Optional activities and study plan rules
1 - Students must earn 9 credits for elective activities.
Foreign students with insufficient knowledge of the Italian language can obtain 3 ECTS for "Additional Language Skills: Italian" (please check: https://mef.cdl.unimi.it/en/courses/italian-language-foreigners-tests-and-courses)
Courses or activities ECTS Total hours Language Lesson period SSD
Additional Language Skills: Italian (3 ECTS) 3 0 Italian Undefined
3 - Students must earn 3 credits by selecting an Internship/Stage (please check: https://mef.cdl.unimi.it/en/study/stage-and-internship)
course year not available
First trimester
Courses or activities ECTS Total hours Language SSD
Compulsory
Financial Investments: Module I, Portfolio Theory; Module Ii, Portfolio Management 12 80 English SECS-P/09 SECS-P/11
Mathematical Methods for Finance 9 60 English SECS-S/06
Statistical Methods for Finance 6 40 English SECS-S/01
Second trimester
Courses or activities ECTS Total hours Language SSD
Compulsory
Advanced Microeconomics and Macroeconomics 12 80 English SECS-P/01
Third trimester
Courses or activities ECTS Total hours Language SSD
Compulsory
Data Mining and Computational Statistics 9 60 English SECS-S/01
International Economic Law 6 40 English IUS/13
Not specified period
Courses or activities ECTS Total hours Language SSD
Compulsory
Time Series Analysis 6 40 Italian SECS-P/05
First trimester
Courses or activities ECTS Total hours Language SSD
Compulsory
Financial Economics 6 40 English SECS-P/01 SECS-P/02
Optional
Financial Report Lab 3 20 English SECS-P/11
Second trimester
Courses or activities ECTS Total hours Language SSD
Compulsory
Dynamic Macroeconomics (Module I: Growth Theory + Module II: Investment and Labour Markets Theory) 12 80 English SECS-P/01
Financial Markets and Financial Crises: a Historical Approach 6 40 English SECS-P/12
Microeconometrics 6 40 English SECS-P/01 SECS-P/05
Conclusive activities
There are no specific sessions for these activities (e.g. open online courses).
Courses or activities ECTS Total hours Language SSD
Compulsory
Final Exam 18 0 English
First trimester
Courses or activities ECTS Total hours Language SSD
Optional
Laboratory of Bank Loan Pricing 3 20 English SECS-P/01 SECS-P/02
Second trimester
Courses or activities ECTS Total hours Language SSD
Optional
Laboratory Introduction to Coding and Data Management for Economics and Political Science 3 20 English INF/01
Third trimester
Courses or activities ECTS Total hours Language SSD
Optional
Advanced Laboratory in Financial Risk Management 3 20 English SECS-P/05
Laboratory Public Policy in Government 3 20 English SECS-P/01
Undefined
There are no specific sessions for these activities (e.g. open online courses).
Courses or activities ECTS Total hours Language SSD
Optional
Additional Language Skills: Italian (3 ECTS) 3 0 Italian
Optional activities and study plan rules
1 - Students must earn 9 credits for elective activities.
Foreign students with insufficient knowledge of the Italian language can obtain 3 ECTS for "Additional Language Skills: Italian" (please check: https://mef.cdl.unimi.it/en/courses/italian-language-foreigners-tests-and-courses)
Courses or activities ECTS Total hours Language Lesson period SSD
Additional Language Skills: Italian (3 ECTS) 3 0 Italian Undefined
3 - Students must earn 3 credits by selecting an Internship/Stage (please check: https://mef.cdl.unimi.it/en/study/stage-and-internship)