University of Bologna

Economics (LMEC), M.Sc.

  • Application Deadline
  • 24 months
  • Tuition Fee
    3016 EUR/year
    Tuition fee
    3016 EUR/year
    Tuition fee
  • English
Graduates of the 2nd cycle Degree programme in Economics (LMEC) (in English) from the University of Bologna will have a sound economic background in accordance with the highest European and international standards, principally by completing the training achieved in the 1st cycle degree programme in economics.


The Master's program in Economics (LMEC) from the University of Bologna aims at providing a rigorous training in economics. Students who complete the program will be endowed with the skills required for a technically demanding job or admission to excellent doctoral programs worldwide.

At the end of the LMEC students will have acquired a thorough knowledge of macroeconomics, microeconomics and econometrics. The program favors research methods and thus leads to advanced command over quantitative tools within a multi-disciplinary context.

Many LMEC graduates choose to pursue doctoral studies. In the last few years, LMEC students were admitted to prestigious Ph.D. programs in Economics at top ranked schools such as MIT, University of Pennsylvania, Northwestern University, Berkeley, British Columbia, Boston University, Boston College, Rice University, London School of Economics, Pompeu Fabra, Mannheim, Stockholm School of Economics, Warwick, Zurich, and others.

Graduates who do not go on to PhD find employment mostly in the private sector. Employment opportunities of LMEC graduates in recent years have been mostly in international firms in management and financial consultancy, or in firms offering specialized business services, such as Accenture, Brunswick Group, BPER, CRIF, Deloitte, DM Digital S.R.L., EUROGROUP, Econex, EY, KPMG, Moore Stephens, Prometeia S.p.A, UniCredit Business Integrated Solutions, UniCredit Management Consultancy, In these firms, LMEC graduates work as business and financial consultants and analysts or as data analysts. A few graduates are working as managers in international firms in different sectors, such as Amazon, Johnson & Johnson, Standard Chartered Bank. Other graduates have undertaken internships in institutions and international organizations, such as Bank of Italy, European Central Bank, European Commission, or were hired as junior research assistants in research institutions in Italy or abroad.

Programme Structure

Courses included
  • Microeconomics 1
  • Mathematical Economics
  • Statistics LM
  • Econometrics 
  • Microeconomics 2 
  • Finance
  • For more information, please visit the programme website.

    Detailed Programme Facts

    • Programme intensity Full-time
      • Full-time duration 24 months
    • Credits
      120 ECTS
    • Languages
      • English
    • Delivery mode
      On Campus
    • More information Go to the programme website

    English Language Requirements

    You only need to take one of these language tests:

    • Minimum required score:


      The IELTS – or the International English Language Test System – tests your English-language abilities (writing, listening, speaking, and reading) on a scale of 1.00–9.00. The minimum IELTS score requirement refers to which Overall Band Score you received, which is your combined average score. Read more about IELTS.

    • Minimum required score:


      The TOEFL – or Test OF English as a Foreign Language – offers a paper-based test (PBT). The final, overall PBT score ranges between 310 and 677, and is based on an average taken from the three test components (listening, structure, and reading). The writing part of this test is scored separately on a scale of 0-6. Read more about TOEFL (PBT).

    • Minimum required score:


      The TOEFL – or Test Of English as a Foreign Language – offers an internet-based test (iBT). The final, overall iBT score ranges between 0 and 120, and includes a scaled average from the four components (reading, listening, speaking, and writing). Read more about TOEFL (iBT).

    Academic Requirements

    To attend profitably the Master in Economics (LMEC) it is necessary to have adequate knowledge of economic theory and quantitative analysis. 1. To be admitted to LMEC it is necessary to hold an Italian undergraduate degree

    For applicants failing to fulfil the requirements as in art. 1 an Admission Board will verify whether the student holds the skills and competencies needed on the basis of the curriculum vitae. If the Admission Board recognizes such skills and competencies to be sufficient, it may allow the student to proceed for evaluation as in art. 3.

     3. In any case, the admission to the Master in Economics is conditional on the assessment of the qualification by an Admission Board. 

    Tuition Fee

    • International

      3016 EUR/year
      Tuition Fee
      Based on the original amount of 3016 EUR per year and a duration of 24 months.
    • EU/EEA

      3016 EUR/year
      Tuition Fee
      Based on the original amount of 3016 EUR per year and a duration of 24 months.

    Living costs for Bologna

    750 - 1,100 EUR/month
    Living Costs

    The living costs include the total expenses per month, covering accommodation, public transportation, utilities (electricity, internet), books and groceries.


    Check the programme website for information about funding options.

    StudyPortals Tip: Students can search online for independent or external scholarships that can help fund their studies. Check the scholarships to see whether you are eligible to apply. Many scholarships are either merit-based or needs-based.