Bachelor in Economics and Banking
Siena, Italy
Bachelor's degree
DURATION
3 years
LANGUAGES
Italian
PACE
Full time
APPLICATION DEADLINE
EARLIEST START DATE
TUITION FEES
STUDY FORMAT
On-Campus
Key Summary
The Bachelor’s Degree in Economics and Banking focuses on the study of banking, financial and insurance intermediation models and on financial markets, while also providing a solid foundation in economics and quantitative-statistical disciplines.
The program offers a rigorous understanding of how resources are allocated under conditions of uncertainty, with particular attention to both micro- and macroeconomic dimensions and their economic and social implications. Topics covered include the provision of credit to households and businesses, the measurement and management of risks in financial institutions and insurance activities, and the functioning of financial markets, all within the framework of regulatory models and operational structures.
Special emphasis is placed on technological innovations and their impact on banking, financial, and insurance intermediation.
This degree represents the evolution of economics and banking studies that have historically distinguished the University of Siena, and provides students with specific knowledge in three disciplinary areas: banking and finance, economics, and statistics.
Several scholarship options are available, please visit the university website for information.
Program structure
The program is structured into three tracks:
- Statistics and Data Analysis
- Economics and Finance
- Banking and Finance
The structuring of the three curricula currently offered has enhanced the diversification of the program, in order to train graduates with different professional profiles:
Banking and Finance
This curriculum integrates the fundamentals of banking, financial and insurance intermediation, financial instruments, and markets, balancing macro- and microeconomic aspects with regulatory, supervisory, and legal frameworks. The aim is to train graduates capable of understanding the allocation and distribution of resources under uncertainty, the rules and constraints of credit provision to businesses, insurance and banking operations, as well as the functioning of financial instruments, intermediaries, and markets. Recent updates to the curriculum have introduced courses on technological innovation (FINTECH and DEFI – decentralized finance) and sustainability issues.
Economics and Finance
This curriculum is designed for students interested in acquiring theoretical and practical economic skills to analyze: the recent evolution of the international economy, political-economic and public finance variables, the uncertainty and potential instability generated by technological change and environmental processes, and issues such as the relationship between financialization and economic inequality. The objective is to train graduates who can interpret ongoing economic processes in connection with their financial dimension.
Statistics and Data Analysis
This curriculum was created to train graduates with strong statistical and mathematical skills, capable of working in fields that require the application of quantitative techniques, combined with knowledge of the main economic and business processes and the ability to analyze complex problems. The recent restructuring of the curriculum has strengthened the focus on statistical analysis of economic and financial data, with the ultimate goal of preparing professionals to work as data scientists in the economic-financial field.
Banking and Finance
In addition to finding employment in traditional sectors of financial intermediation, such as banks and insurance companies (front and back office, administrative staff, sales personnel, consultants), graduates may also work in research departments of organizations and institutes, in corporate social and environmental responsibility management, in management and control within public administration and private enterprises, in human resources management and work organization, as well as in project evaluation and development.
Specifically, graduates may pursue the following career paths: branch and agency roles; monitoring of credit and risk underwriting processes; commercial services and contract management; financial consulting and retail services; research departments and institutes, both public and private; management and control in public administration and private enterprises; project evaluation and work organization.
Economics and Finance
Graduates in this track acquire skills and tools highly valued in the job market: solid general training in economics, flexibility and the ability to address complex problems in innovative ways, and strong knowledge for quantitative analysis.
They can hold positions of responsibility in research and analysis, consultancy, or managerial structures within companies and financial institutions, public bodies, and international organizations. In particular, career opportunities include: research departments of national and international organizations and institutes; banks, financial intermediaries, insurance companies; public administration services; and business consulting firms.
Statistics and Data Analysis
The Statistical-Quantitative track is designed to train professionals capable of collecting, analyzing, and interpreting data (economic, business, financial, social, medical, environmental, demographic) to foster understanding of reality and provide objective tools that support the decision-making processes of the organizations in which they work.
Career opportunities are diverse, ranging from marketing and sales to IT systems and quality control. In particular, graduates will have the skills to work in national and international statistical offices, enterprises, banks, financial intermediaries and insurance companies, public administration services, research institutes, as well as corporate and professional consulting firms.
Why Studying in Siena?
The University of Siena, located in the historic city of Siena in Italy, is an attractive choice for higher education for various reasons.
Tradition and Prestige: Established in 1240, the University of Siena is one of the oldest universities in Italy and Europe. It has a rich history and a longstanding reputation for academic excellence.
Diverse Course Offerings: The University of Siena offers a wide range of undergraduate, graduate, and postgraduate programs in various disciplines, including humanities, sciences, medicine, engineering, economics and social sciences. This allows students to pursue their interests and career goals.
International Environment: The University of Siena attracts students from all around the world, creating a diverse and multicultural learning environment. This exposure to different perspectives and cultures can be highly enriching for students.
Quality of Life: Siena is known for its relaxed lifestyle, friendly locals, and delicious cuisine. The city’s manageable size and welcoming atmosphere make it an ideal location for students looking to balance their studies with a vibrant social life.
Research Impact: The University of Siena’s research output is recognised globally, with its faculty and researchers contributing to significant advancements in various fields. The university’s research publications and citations in international journals reflect its commitment to high-quality research and global impact.
Research Opportunities: The University of Siena has strong research programs and collaborations with other institutions, both in Italy and internationally. This can provide students with valuable opportunities for research and professional development.
Affordability: Compared to universities in some other countries, tuition fees at the University of Siena are relatively affordable. Additionally, the cost of living in Siena is generally lower than in larger Italian cities like Rome or Milan.
Exchange Programs: The University of Siena participates in several international exchange programs, such as the Erasmus+ program, which allows students to study abroad for a semester or academic year, providing valuable international experience.
Career Prospects: Graduates from the University of Siena have a strong record of finding employment or continuing their education, both within Italy and internationally. The university’s reputation and connections can help students access opportunities in their chosen fields.
Beautiful Location: Siena is a picturesque city with a rich history and stunning architecture. The city’s medieval cityscape and scenic countryside provide a unique and inspiring setting for studying.
Language and Cultural Immersion: Studying in Siena offers the opportunity to learn or improve Italian language skills, as well as gain a deep understanding of Italian culture and history.
Studying Abroad
International students enrolled at the University of Siena can participate in several international exchange programs, such as the Erasmus+ program, which allows our students to study abroad for a semester or one academic year, providing valuable international experience.
Our International programs allow students of the University of Siena to spend a study period (from 2 to 12 months) at one of the other 500 partner universities worldwide.
It is possible to carry out the mobility during each study cycle (bachelor, master of PhD), attend courses and sit exams, prepare thesis work and carry out internship activities. Participants in the International mobility programs will get full recognition for the credits obtained abroad.
In addition to in-presence teaching, which continues to be the preferred method also in the next Academic Year, every single lesson will be simultaneously live-streamed and/or video recorded and uploaded on our digital platform for subsequent viewing. This mode is essential for students who are temporarily unable to be on premises.