Entry requirements

Applications and admissions: free.

Applicants will be invited to an interview.

To attend the Master programme in Finance and Economics (MEF) it is necessary to have adequate knowledge of mathematics, economics, statistics and econometrics at undergraduate level.

  • Applicants with an Italian degree (ex. DM 270/04 or equivalent ex. DM 509/99) from one of the following classes: Ingegneria civile e ambientale (L-7), Ingegneria dell’informazione (L-8), Ingegneria industriale (L-9), Scienze dell’amministrazione e dell’organizzazione (L-16), Scienze dell’economia e della gestione aziendale (L-18), Scienze della comunicazione (L-20), Scienze e tecnologie fisiche (L-30), Scienze e tecnologie informatiche (L-31), Scienze e tecnologie per l’ambiente e la natura (L-32), Scienze economiche (L-33), Scienze matematiche (L-35), Scienze politiche e delle relazioni internazionali (L-36), Scienze sociali per la cooperazione, lo sviluppo e la pace (L-37), Statistica (L-41).
  • Students from undergraduate classes other than the above listed and students with foreign qualification can enrol to the course after positive judgement of the Admission Board provided they have acquired a certain number of credits in specific scientific-disciplinary sectors specified in the Manifesto degli Studi.

Applicants who meet the minimum entry requirements (irrespective of their nationality) are assessed by the Admission Board, those who fall below the minimum standard are not admitted, those who excel are admitted and the remaining go through an additional verification step. The Admission Board reserves the possibility to request the applicant an oral interview for admission, held in English language and exclusively done via electronic devices (eg.: via skype).

Applicants may submit also a letter of motivation and ask an external Referee to prepare and send directly to the Master’s degree Secretariat, by post or fax or e-mail directly a recommendation letter for them. With the application, each candidate must also prepare a curriculum vitae.

All documents required must satisfy the mandatory format and templates approved by the Faculty Board, downloadable from the MEF web page.


Application period: from 03-01-2019 to 07-12-2019
Enrolment period: from 04-05-2019 to 02-28-2020


Applicants  who meet the minimum entry requirements (irrespective of their nationality) are assessed by the Admission Board according to the grid below. 

Applicants who obtain a score equal or less than 60 points are not admitted.

Applicants who obtain a score above 60 points but equal or less than 80 points will be invited to an oral interview held in English language and exclusively done via electronic devices (e.g.: via Skype).

Applicants who obtain more than 80 points and satisfy the English knowledge requirements are admitted without any interview.

Applicants not submitting any proper English knowledge certification will undergo an oral interview with the Admission Committee even if they exceed the 80 points threshold.

  • Criterion: academic curriculum (maximum score: 80)

Length and quality of the undergraduate degree, as well as the final grade

  • Criterion: choice coherence (maximum score: 20)

Coherence between the previous academic curriculum/professional experience (if any) and the learning objectives of the Master’s degree in Finance and Economics


Applicants who obtain a score above 60 points but equal or less than 80 points will be invited to an oral interview held in English language and exclusively done via electronic devices (e.g.: via Skype). The interview is aimed at examining in more depth the applicants' background knowledge, motivation and English fluency.

For an idea of the appropriate level of knowledge, competences, and skills, candidates may consult the following textbooks:


Topics: Calculus, Linear Algebra

Suggested reference:

  • Sydsæter, K., Hammond, P. (2008) Essential Mathematics for Economic Analysis, (3 edition), Pearson. Chap: 1-10 (Calculus I), 15-16 (Vector and Matrices)


Topics: Principles of Microeconomics: Consumer theory; Intertemporal choice; Uncertainty; Market equilibrium; Producer theory; Forms of market; Game Theory

Suggested reference:

  • Varian H. (2009) Intermediate Microeconomics. A Modern Approach, 8th edition, Norton, New York, N.Y. Chapters: 1-6; 10; 12; 14-16; 18-28.

Topics: Principles of Macroeconomics.

Suggested reference:

  • Blanchard O. (2010) Macroeconomics, 5th edition, Pearson Prentice-Hall, Upper Saddle River, N.J., 2010.


Topics: Elementary Probability and Random Variables; Descriptive Statistics;  Statistical inference.

Suggested references (any of those):

  • Trosset M.W. (2009) An introduction to statistical inference and its applications with R, CRC Press.  Chapters: 3, 4, 5, 8, 9, 10, 11, 14.


Topics: Linear Regression Model With One or More Regressors: Estimation and Testing, Instrumental Variables.

Suggested reference:

  • Stock J., Watson M. (2010) Introduction to Econometrics, 3rd Edition, Addison-Wesley.

Here you can find a 

Further information

University fees

For students enrolled on bachelor’s, master’s and single cycle degree programmes are divided into two instalments of different amounts and with different payment deadlines:

  • the first, corresponding to the minimum amount, is the same for all students 
  • the second - technically referred to as an ‘all-inclusive fee’-  that is variable.

Students can also be entitled for tuition fee reductions such as:

More info at: Fees - current academic year

Scholarships and benefits

L’Ateneo fornisce inoltre una serie di agevolazioni economiche a favore dei propri studenti con requisiti particolari (merito, condizioni economiche o personali, studenti internazionali) come:

Students who decide to study in Italy often find themselves thrown into a system and a culture which are very different from those of their own countries; they must also deal with unfamiliar and, at times, complex bureaucratic procedures.

At our University they can now count on the Welcome Desk a service designed for students, doctoral students and interns who have come to Milan for the first time, but also to those who already live in the city and need to verify the validity of academic qualifications obtained abroad in order to enrol on one of our courses.

The Welcome Desk is aimed to be the international students’ point of reference for all the initial necessities of their new adventure in Milan and at the University.

The Welcome Desk has put together a short guide – that you can download here to outline the various steps you need to take in order to obtain documents, to enroll on a course, to take an Italian language course, take advantage of the services and opportunities we offer, to live and get around in the city of Milan.

Welcome Desk
via S. Sofia, 9/1 – 20122 Milan

The office only receives by appointment.
In order to fix an appointment, you can use the service Infostudenti (www.unimi.infostudente.it), selecting ‘First year international students’ from the drop-down menu.
Applicants who are not enrolled, yet, can register to the service as external user.