Quantitative Finance (QF), M.Sc.

  • Application Deadline
  • 24 months
    Duration
  • English (book IELTS)
    Language
The Laurea Magistralis in Quantitative Finance (QF) from the University of Bologna provides a unique opportunity for graduate study of frontier mathematical and statistical techniques applied to financial markets.

About

After the first year of introduction to the standard concepts of probability, economic and finance, the student will be driven to a specialised study leading to four main professional figures

  • Pricer: will master the most advanced techniques for the evaluation of financial and insurance products
  • Asset Manager: will master the most advanced techniques for the design of managed funds products and for the design and implementation of asset management strategies
  • Risk Manager: will master the most advanced techniques to measure risk in the financial and insurance industry and to design hedging and capital allocation policies
  • Insurance market specialist: will master the most advanced techniques for the design and evaluation of insurance products and will develop techniques to address and manage actuarial risks.

In the year of specialisation, the students will actively participate in and international workshop on the most advanced topics in the quantitative finance, risk management and insurance, with a visiting faculty featuring the most well-known scholars in the field.

The Graduates of the Laurea Magistralis in Quantitative Finance (QF) from the University of Bologna will be targeted to professional careers in research centres, positions as “quants” in the finance and insurance industry, or Academic careers in the field.

Career opportunities

  • Financial and insurance intermediaries
  • Consulting and auditing firms
  • Supervisory authorities
  • Non financial companies with financial management activity
  • University (PhD)

Programme Structure

Courses included
  • Corporate finance
  • Statistics
  • Economics of Financial Markets
  • Computer Programming
  • Numerical Methods
  • Statistical Methods for Asset Management
For more information, please visit the programme website.

Detailed Programme Facts

  • More details:
    • Second application deadline: May 5
    • Third application deadline: June 30
  • 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:

    5.5

    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:

    80

    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

Admission requirements

  •  For admission to the Second Cycle Degree Programme in Quantitative Finance, candidates must have acquired knowledge of mathematics, economics, and statistics at the first-cycle graduate level.
  •  Admission to the 2nd cycle degree programme is also subject to the possession of a 1st cycle degree in one of the following classes, or other suitable qualification obtained abroad

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.

Funding

There are many funding opportunities for prospective and current students wishing to enroll/enrolled at the University of Bologna offered on the basis of specific competitions. Once enrolled, students can apply for several other opportunities such as prizes, paid students collaborations and specific financial aids.

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.