MSc in Economics
Siena, Italy
MSc
DURATION
2 years
LANGUAGES
English
PACE
Full time
APPLICATION DEADLINE
EARLIEST START DATE
TUITION FEES
STUDY FORMAT
On-Campus
* the amount for each international student is based on the student’s country of origin and the course chosen
Key Summary
About: The MSc in Economics (Laurea Magistrale in Economics) at The University of Siena is an English-taught, research-informed program that draws on the Department of Economia Politica e Statistica. It trains students in economic theory, quantitative methods, analytical tools, and research techniques to analyze complex micro and macroeconomic issues, with emphasis on internationalization and theoretical pluralism.
Career Outcomes: Graduates can work as economic analysts, policy advisors, researchers, or finance professionals in government agencies, international organizations, banks, financial institutions, consultancy firms, and private companies. The degree prepares students for doctoral research and roles requiring quantitative analysis, policy evaluation, and strategic decision-making.
The command of knowledge, tools, and techniques of analysis acquired in this programme allows both the continuation of studies to start a career as an economist, and employment as an economic analyst or with functions of responsibility in companies, banks and public and private institutions, and international organisations.
The LM draws on the disciplinary skills available in the Department of Economia Politica e Statistica, with its long tradition of research and teaching at the graduate level (the Department has been running a renowned doctoral program in Economics for decades).
Double Degree option: Philipps-Universität Marburg (Germany); University of Ljubljana (Slovenia)
The Laurea Magistrale in Economics provides advanced education in economics, entirely conducted in English. This programme is designed to meet the highest international standards, offering a level of study comparable to that of an MSc in Economics in the global academic arena. Graduates acquire a solid command of economic knowledge, analytical tools, and research techniques, enabling them to pursue further studies or embark on professional careers as economic analysts, policy advisors, or professionals in private companies, banks, public and private institutions, and international organisations.
The programme is rooted in the expertise of the Department of Economia Politica e Statistica, renowned for its long-standing tradition of research and teaching at the graduate level, including a highly regarded doctoral programme in Economics.
Objectives
The Laurea Magistrale in Economics aims to provide students with the theoretical and practical skills required to analyse and interpret complex microeconomic and macroeconomic phenomena. Distinguished by a strong emphasis on internationalisation and theoretical pluralism, the programme fosters a comprehensive understanding of economic processes in a global context. The exclusive use of English not only enhances linguistic proficiency but also facilitates immersion into the methodologies employed by international research institutions and organisations operating in highly globalised environments.
Programme Structure
The first year of the programme is dedicated to the consolidation of foundational knowledge in economics and quantitative methods, with a focus on mathematics, statistics, microeconomics, macroeconomics, and econometrics. These courses provide students with the essential analytical tools required for advanced economic study and research.
In the second year, students have the opportunity to specialise by selecting courses aligned with their academic and professional interests. The curriculum includes advanced topics in the principal fields of economics and incorporates complementary subjects such as economic history, law, management, and finance, ensuring a well-rounded academic preparation.
International Opportunities
The programme offers extensive international opportunities, including access to a broad range of Erasmus exchange agreements and double-degree programmes. Currently, double-degree partnerships are in place with the University of Ljubljana and with the University of Marburg in Germany. These international initiatives provide students with invaluable exposure to diverse academic environments and equip them with the skills necessary to thrive in an interconnected global economy.
Several scholarship options are available, please visit the university website for information.
Graduates of the Master’s Degree in Economics are well-equipped for roles requiring advanced analytical skills, strategic thinking, and adaptability in dynamic environments. Career opportunities span a wide range of sectors, including government agencies, international organizations, public and private companies, banks, financial institutions, professional associations, and trade unions.
The programme’s emphasis on versatility and the economic impact of strategic decision-making prepares graduates for positions of responsibility in these diverse contexts. Additionally, the rigorous training provided makes this programme an excellent foundation for those seeking to pursue doctoral studies in economics.
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.