Economics (LMEC), M.Sc.

  • Application Deadline
  • 24 months
  • English (book IELTS)
The 2nd cycle Degree programme 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 2nd cycle Degree programme in Economics (LMEC) at the University of Bologna 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.

Career opportunities

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. 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. 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

  • More details: Other application deadlines:
    • April 28th
    • July 7th (for Non-EU students: only in case of available positions)
  • Programme intensity Full-time
    • Full-time duration 24 months
  • Credits
    120 ECTS
  • Languages
    • English
  • Delivery mode
    On Campus

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.

    Book 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

  • This programme accepts GRE® scores, however, has not provided a recommended or minimum required score range.

    The GRE® General Test is a widely administered admissions test that measures the skills needed in today's graduate and business school programs worldwide. The GRE® General Test contains three sections - Verbal Reasoning, Quantitative Reasoning, and Analytical Writing. Three scores are reported: a Verbal Reasoning score on a 130 - 170 score scale in one-point increments, a Quantitative Reasoning score on a 130 - 170 score scale in one-point increments, and an Analytical Writing score on a 0 - 6 score scale in half-point increments. Read more about the GRE® General test.

To attend profitably the Master in Economics (LMEC) it is necessary to have adequate knowledge of economic theory and quantitative analysis. 

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. 

Non-EU students have to provide a certificate with exams and grades obtained (transcript). 

Tuition Fee

  • International Applies to you

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

    3016 EUR/year
    Tuition Fee
    Based on the original amount of 3016 EUR per year and a duration of 24 months.
We've labeled the tuition fee that applies to you because we think you are from and prefer over other currencies.

Tuition fees are estimative. All students pay based on their Equivalent Financial Situation Indicator (ISEE), irrespective of the programme they enrol on.

Living costs for Bologna

  • 750 - 1100 EUR/month
    Living Costs

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


  • Unibo Action 1: Exemptions of university tuition fees for deserving students wishing to register in International Degree Programmes.
  • Unibo Action 2: Scholarships are available for international students holding a GRE certificate.  Each study grant is awarded for one academic year and amounts to a total of €11,059, gross of all charges for the beneficiary's account.

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.

The Global Study Awards: get funded with up to £10,000 to study abroad

Together with the ISIC Association and British Council IELTS, StudyPortals offers you the chance to receive up to £10000 to expand your horizon and study abroad. We want to ultimately encourage you to study abroad in order to experience and explore new countries, cultures and languages.