MSc in Economics / U of Siena

Last Updated: 
May 14, 2012
Last Updated: 
May 14, 2012

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Program Details

Master's Programs

Location of Program

piazza San Francesco 7
I-53100 Siena

The MSc in Economics is a two year graduate programme that aims to provide an advanced level of education in economics. The programme. which is held entirely in English, is designed to give our students the ability to approach a wide variety of economic and social issues. Moreover, the cultural tradition of the Department of Economics in Siena has always encouraged a pluralistic approach to the analysis of economic problems, in the belief that exposure to competing theoretical perspectives facilitates understanding of economic phenomena.
The programme offers many opportunities to spend periods in other European universities through the Erasmus Programme, and it gives access to double degree programmes with the Universities of Uppsala (Sweden) and Ljubljana (Slovenia).
The University of Siena has a well established reputation in Italy and abroad for its undergraduate and graduate courses in economics. Many of our former students have continued their graduate studies in leading academic institutions and gained positions at universities, in research departments, and in private companies.

Admission – Academic Year 2012-2013. To be admitted to the MSc in Economics, candidates should possess skills and competencies in mathematics and statistics, notions of micro and macroeconomics at an intermediate level, basic skills in econometrics. Normally, students admitted hold a three-year degree (B.A.) in economics, or a B.A. in business with strong quantitative competencies. Students with a B.A. in other social sciences can be admitted if they show to possess good competencies in economics. Students with a strong background in mathematics and statistics may be admitted even if they have no previous training in economics.
An adequate knowledge of English is a necessary condition for admission.

EU citizens may apply from March to September 2012. Non-EU citizens may apply from March to May 2012.
Detailed instructions on application are available at the MSc website

Fees. The University of Siena is a public university; in Italy, high education is highly subsidized. Fees depend on a number of factors, including family income. You should expect that the maximum yearly fee for the academic year 2012-2013 is around 1750 €.

Programme structure
1st year: Mathematics for economic applications; Microeconomics I & II; Macroeconomics; Econometrics I & II; Public Economics; International Management
2nd year: 5 electives in economics*; Finance; Competition Law and Policy; Other activities; Final thesis
* The choice currently includes: Monetary Economics; Growth and Development; Behavioral Economics; Economic Analysis; Economic Dynamics; Industrial Organization; Models of capitalism; Macroeconomic policy and modelling; Optimization; Applied Economics
** Other activities include: stages in research institutions, firms or other organizations; research activities.

First year courses begin on November 5, 2012.
All courses are organized in units of 6 ECTS / 40 hours.

For further information see our website:


BA or other three year degree. Adequate knowledge of economics and quantitative analysis. Good command of English language


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