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. 2025/2026
Finance and economics (MEF) (Classe LM-16 R)
Enrolled in a.y. 2025/2026 (BBG)
Programme description (Manifesto) [BBGof1_2026]
First trimester
Courses or activities Max ECTS Total hours Language SSD
Compulsory
Financial Investments - Module I: Portfolio Theory; Module Ii: Portfolio Management 12 79.2 English SECS-P/09 SECS-P/11
Mathematical Methods for Finance 9 59.4 English SECS-S/06
Statistical Methods for Finance 6 39.6 English SECS-S/01
Second trimester
Courses or activities Max ECTS Total hours Language SSD
Compulsory
Advanced Microeconomics and Macroeconomics 12 79.2 English SECS-P/01
Econometrics 6 39.6 English SECS-P/05
Third trimester
Courses or activities Max ECTS Total hours Language SSD
Compulsory
Data Mining and Computational Statistics 9 59.4 English SECS-S/01
International Economic Law 6 39.6 English IUS/13
be activated by the A.Y. 2026/2027
First trimester
Courses or activities Max ECTS Total hours Language SSD
Compulsory
Financial Economics 6 39.6 English SECS-P/01 SECS-P/02
Macro and Econometrics for Finance - Module I: Macrofinance; Module Ii: Financial Econometrics 12 79.2 English SECS-P/01 SECS-P/05
Second trimester
Courses or activities Max ECTS Total hours Language SSD
Compulsory
Financial Markets and Financial Crises: a Historical Approach 6 39.6 English SECS-P/12
Optional
Dynamic Macroeconomics 6 39.6 English SECS-P/01
Third trimester
Courses or activities Max ECTS Total hours Language SSD
Compulsory
Corporate Finance and Valuation 6 39.6 English SECS-P/11
Conclusive activities
There are no specific sessions for these activities.
Courses or activities Max ECTS Total hours Language SSD
Compulsory
Final Exam 18 0 English NN
Second trimester
Courses or activities Max ECTS Total hours Language SSD
Optional
Laboratory: Introduction to Coding and Data Management for Economics and Political Science 3 19.8 English INF/01
Third trimester
Courses or activities Max ECTS Total hours Language SSD
Optional
Advanced Laboratory in Financial Risk Management 3 19.8 English SECS-P/05
Laboratory: Public Policy in Government 3 19.8 English SECS-P/01
Undefined
There are no specific sessions for these activities.
Courses or activities Max ECTS Total hours Language SSD
Optional
Additional Language Skills: Italian (3 ECTS) 3 0 Italian NN
Optional activities and study plan rules
1 - Students must earn 9 credits for elective activities.
Second year students may choose, among other activities, the elective "Dynamic Macroeconomics" course.
Courses or activities Max ECTS Total hours Language Lesson period SSD
Dynamic Macroeconomics 6 39.6 English Second trimester SECS-P/01
2 - Students must earn 3 credits by selecting an Internship/Stage, Laboratories or other elective activities (please check: https://mef.cdl.unimi.it/en/study/internship and https://mef.cdl.unimi.it/en/courses/laboratories).

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 Max ECTS Total hours Language Lesson period SSD
Additional Language Skills: Italian (3 ECTS) 3 0 Italian Undefined NN
First trimester
Courses or activities Max ECTS Total hours Language SSD
Compulsory
Financial Investments - Module I: Portfolio Theory; Module Ii: Portfolio Management 12 79.2 English SECS-P/09 SECS-P/11
Mathematical Methods for Finance 9 59.4 English SECS-S/06
Statistical Methods for Finance 6 39.6 English SECS-S/01
Second trimester
Courses or activities Max ECTS Total hours Language SSD
Compulsory
Advanced Microeconomics and Macroeconomics 12 79.2 English SECS-P/01
Econometrics 6 39.6 English SECS-P/05
Third trimester
Courses or activities Max ECTS Total hours Language SSD
Compulsory
Data Mining and Computational Statistics 9 59.4 English SECS-S/01
International Economic Law 6 39.6 English IUS/13
be activated by the A.Y. 2026/2027
First trimester
Courses or activities Max ECTS Total hours Language SSD
Compulsory
Financial Economics 6 39.6 English SECS-P/01 SECS-P/02
Risk Management 6 39.6 English SECS-S/06
Second trimester
Courses or activities Max ECTS Total hours Language SSD
Compulsory
Financial Markets and Financial Crises: a Historical Approach 6 39.6 English SECS-P/12
Numerical Methods for Finance and Portfolio Optimization 12 79.2 English SECS-S/01 SECS-S/06
Optional
Dynamic Macroeconomics 6 39.6 English SECS-P/01
Conclusive activities
There are no specific sessions for these activities.
Courses or activities Max ECTS Total hours Language SSD
Compulsory
Final Exam 18 0 English NN
Second trimester
Courses or activities Max ECTS Total hours Language SSD
Optional
Laboratory: Introduction to Coding and Data Management for Economics and Political Science 3 19.8 English INF/01
Third trimester
Courses or activities Max ECTS Total hours Language SSD
Optional
Advanced Laboratory in Financial Risk Management 3 19.8 English SECS-P/05
Laboratory: Public Policy in Government 3 19.8 English SECS-P/01
Undefined
There are no specific sessions for these activities.
Courses or activities Max ECTS Total hours Language SSD
Optional
Additional Language Skills: Italian (3 ECTS) 3 0 Italian NN
Optional activities and study plan rules
1 - Students must earn 9 credits for elective activities.
Second year students may choose, among other activities, the elective "Dynamic Macroeconomics" course.
Courses or activities Max ECTS Total hours Language Lesson period SSD
Dynamic Macroeconomics 6 39.6 English Second trimester SECS-P/01
2 - Students must earn 3 credits by selecting an Internship/Stage, Laboratories or other elective activities (please check: https://mef.cdl.unimi.it/en/study/internship and https://mef.cdl.unimi.it/en/courses/laboratories).

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 Max ECTS Total hours Language Lesson period SSD
Additional Language Skills: Italian (3 ECTS) 3 0 Italian Undefined NN
Finance and economics (MEF) (Classe LM-16)
Enrolled in 2024/2025 academic year (B73)
Programme description (Manifesto) [B73of3_2026]
course year not available
First trimester
Courses or activities Max 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 Max 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 Max 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
First trimester
Courses or activities Max 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
Second trimester
Courses or activities Max 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
Optional
Dynamic Macroeconomics 6 42 English SECS-P/01
Conclusive activities
There are no specific sessions for these activities.
Courses or activities Max ECTS Total hours Language SSD
Compulsory
Final Exam 18 0 English NN
Second trimester
Courses or activities Max 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 Max 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.
Courses or activities Max ECTS Total hours Language SSD
Optional
Additional Language Skills: Italian (3 ECTS) 3 0 Italian NN
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 Max ECTS Total hours Language Lesson period SSD
Additional Language Skills: Italian (3 ECTS) 3 0 Italian Undefined NN
3 - Students must earn 3 credits by selecting an Internship/Stage (please check: https://mef.cdl.unimi.it/en/study/internship)
course year not available
First trimester
Courses or activities Max 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 Max 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 Max 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
First trimester
Courses or activities Max ECTS Total hours Language SSD
Compulsory
Financial Economics 6 40 English SECS-P/01 SECS-P/02
Macro and econometrics for finance 12 80 English SECS-P/01 SECS-P/05
Second trimester
Courses or activities Max ECTS Total hours Language SSD
Compulsory
Financial Markets and Financial Crises: a Historical Approach 6 40 English SECS-P/12
Optional
Dynamic Macroeconomics 6 42 English SECS-P/01
Third trimester
Courses or activities Max 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.
Courses or activities Max ECTS Total hours Language SSD
Compulsory
Final Exam 18 0 English NN
Second trimester
Courses or activities Max 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 Max 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.
Courses or activities Max ECTS Total hours Language SSD
Optional
Additional Language Skills: Italian (3 ECTS) 3 0 Italian NN
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 Max ECTS Total hours Language Lesson period SSD
Additional Language Skills: Italian (3 ECTS) 3 0 Italian Undefined NN
3 - Students must earn 3 credits by selecting an Internship/Stage (please check: https://mef.cdl.unimi.it/en/study/internship)