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Master in Economics and Econometrics
#4b4b4b
Master
duration
2 years
location
Bologna
English
University of Bologna
gross-tution-fee
€0 Tuition with ApplyAZ
Average Gross Tuition
program-duration
2 years
Program Duration
fees
€50 App Fee
Average Application Fee

Why Study in Italy in English at the University of Bologna (Alma Mater Studiorum – Università di Bologna)

Choosing where to study in Italy in English can feel like searching for a needle in a haystack, yet thousands of international students manage it every year. They look for reliable public Italian universities, genuine tuition-free universities Italy, and a clear path into well-paid work. The University of Bologna ticks all three boxes. Founded in 1088, it is both a pioneer and a powerhouse. Its long porticoed streets hold centuries of academic tradition, while its modern laboratories push the boundaries of artificial intelligence and bio-engineering. For anyone comparing English-taught programs in Italy, Bologna’s offer remains hard to beat.

A University with Nine Centuries of Influence

The University of Bologna is often called the “mother of universities” because its teaching methods inspired higher education across Europe. Famous alumni such as Copernicus and Dante shaped science and literature. Today the institution remains vibrant, enrolling more than 90,000 students on five urban campuses: Bologna, Cesena, Forlì, Ravenna, and Rimini. Each campus specialises in different fields, yet all share a student-centred approach taught by over 2,700 professors and researchers.

Global Rankings and Reputation

Although the Alma Mater Studiorum is ancient, its outlook is distinctly modern. In recent global rankings it places comfortably within the top 150 universities worldwide and inside Italy’s top three for graduate employability, employer reputation, and academic strength. Individual departments hold leading positions too. Engineering and Architecture collaborate closely with the Motor Valley’s famous car and motorcycle brands to perfect lighter materials and autonomous control systems. The Faculty of Agricultural and Food Sciences researches sustainable packaging and nutrigenomics (how food interacts with the human genome). Meanwhile, the School of Economics and Management operates a business incubator that supports over 100 start-ups a year.

Research Power and Partnerships

The university runs more than 90 specialist research centres. Many are linked to Horizon Europe projects, so students work alongside international scientists on real-world challenges—from quantum computing models to green hydrogen engines. Double-degree agreements connect Bologna to universities in the United States, China, Brazil, and all over Europe. Under these schemes, motivated students earn two diplomas in the time it usually takes to complete one.

English-Taught Programs in Italy: Your Options at UNIBO

Finding a broad selection of English-taught programs in Italy can be difficult, yet Bologna offers over 60 full degrees entirely in English, plus hundreds of individual modules. Choices cover bachelor’s, master’s, and single-cycle (integrated five- or six-year) courses. Some examples:

  • Artificial Intelligence (MSc) – combines deep learning, computer vision, and ethics.
  • Business and Economics (BSc) – trains the next wave of international analysts and entrepreneurs.
  • Civil Engineering for Risk Mitigation (MSc) – focuses on seismic and climate resilience.
  • Genomics and Molecular Biology (MSc) – uses cutting-edge sequencing technologies, ideal for careers in precision medicine.
  • Tourism Economics and Management (MSc) – perfect for students interested in sustainable tourism across Europe.

Flexible Pathways to Entry

UNIBO recognises secondary-school diplomas from over 70 countries. Applicants who need extra credits can enrol in a Foundation Year delivered in English. This year counts towards the Italian total of twelve school years; it also includes basic Italian language and cultural history, making the academic jump smoother. Erasmus+ and bilateral agreements allow students to spend one or two semesters at Bologna, earning credits that transfer back home.

Personal Support Services

The International Desk acts as a one-stop shop for enrolment, housing, and visa guidance. Peer tutors help new arrivals navigate course registration and group projects. Free Italian courses are available at every level, from A1 to C2, so you can blend into local life while keeping your main lectures in English. The guidance office provides career coaching, CV workshops, and company visits for every faculty.

Affordable Excellence: Fees, DSU Grant, and Other Scholarships

Many students assume the world’s oldest university must be expensive, yet Bologna remains part of Italy’s public system. That means its fee structure follows national rules linking tuition to family income. If your household income is below €24,500 per year, you pay no tuition at all, placing UNIBO among the genuine tuition-free universities Italy promotes for social mobility. Above that threshold, fees rise gradually but are capped at roughly €3,200 per year.

Scholarships for International Students in Italy

  • DSU grant (Diritto allo Studio Universitario) – Provides a generous package of tuition exemption, a canteen meal each day, and up to €6,000 towards rent and living costs. Eligibility is income-based and open to non-EU nationals.
  • Unibo Action 1 and 2 – Merit awards worth €11,000 per year for high achievers with top grades and strong language scores.
  • ApplyAZ success awards – Special scholarships offered through our platform; they recognise applicants who demonstrate both academic promise and community engagement.

Applicants only submit standard documents—passport, transcript, language certificate—then the scholarship office assesses everything at once. This single-window policy keeps red tape to a minimum.

Budget Breakdown

Even without a grant, life in Bologna remains manageable. A shared room in the city centre can run from €350 to €450 per month, utilities included. Supermarkets offer discounted fresh produce every evening. A monthly bus pass costs €27 and covers unlimited travel on day and night buses plus suburban trains. Museums and cinemas charge student rates, sometimes as low as €3 per ticket. Most cultural events organise free guided tours in English.

Living in Bologna: Culture, Climate, and Daily Budget

A Walkable, Student-Friendly City

Bologna has 62 kilometres of covered porticoes, recently named a UNESCO World Heritage Site. These elegant arcades protect you from summer sun and autumn rain alike, so you can walk to class in comfort. Although the city counts just under 400,000 residents, it feels busier because 15 percent are students. That creates a friendly atmosphere where cafés post Wi-Fi passwords on chalkboards and libraries stay open past midnight.

Climate and Seasons

Spring arrives early, with cherry trees blooming in March and temperatures around 15 °C. Summers reach 33 °C but dry heat makes evenings pleasant; free outdoor film screenings pop up in every piazza. Autumn is wet but mild, perfect for truffle hunting in nearby hills. Winter rarely slides below 0 °C. Snow is unusual, and when it comes, locals celebrate with spontaneous snowball fights under the Two Towers.

Food Scene

Emilia-Romagna is called Italy’s “Food Valley”, and Bologna sits at its heart. Students learn to recognise three local truths: tagliatelle is never spaghetti, ragù never goes with meatballs, and balsamic vinegar must be aged. Weekly markets sell Parmigiano Reggiano by weight, while small bakeries hand-roll tortellini. Street food stalls serve crescentine—fried bread pockets filled with local cold cuts—for under €4.

Entertainment and Sports

Music lovers enjoy a rich calendar: classical concerts at Teatro Comunale, indie rock at indoor arenas, and techno in converted warehouses. The city supports an active cycling culture, and the university’s sports centre offers discounted gym memberships and league matches in football, volleyball, and basketball. Fans of Serie A can reach Bologna FC’s Renato Dall’Ara stadium by bike in ten minutes.

Transport Connections

Guglielmo Marconi Airport connects Bologna to 100 European and intercontinental destinations. High-speed trains reach Florence in 35 minutes, Venice in 90, and Rome in just over two hours. A light-rail metro line is under construction, but existing buses and bike lanes already cover every corner of the metropolitan area, making car ownership unnecessary.

Work, Internships, and Innovation in the Motor Valley

The Motor Valley Advantage

Bologna anchors a 100-kilometre corridor of automotive excellence known as the Motor Valley. Ducati, Lamborghini, Maserati, and Ferrari manufacture prototypes, racing engines, and electric supercars within a short bus ride of campus. Engineering students undertake project-based internships that often lead to full-time positions. As an intern you might test battery-cooling systems or code machine-learning algorithms that monitor engine vibration.

Packaging, Food, and Agritech

The region also leads the world in automated packaging machines, an industry exporting €8 billion of equipment every year. Companies like IMA Group and Marchesini recruit mechanical, electronic, and management engineers for research divisions that pioneer eco-friendly materials and energy-saving production lines. Agricultural science students join teams at the companies’ pilot farms, studying precision irrigation techniques that conserve water in pear orchards and tomato fields.

Life Sciences and Supercomputing

Bologna’s biomedical cluster includes the Istituto Ortopedico Rizzoli, famous for cutting-edge orthopaedic implants, and pharmaceutical multinational Alfasigma. Clinical placements allow biology and pharmacy students to assist surgeons or design clinical trials. Across town stands the Technopole, home to Europe’s most powerful supercomputer, Leonardo. Data-science students help climate researchers run high-resolution climate models, while physics students use its petaflop power for quantum materials simulations.

Support for Student Entrepreneurs

If you prefer launching your own venture, the university incubator provides free coaching, co-working space, and seed-funding competitions. Recent start-ups include a virtual-reality platform for architectural heritage and an app that reduces restaurant food waste. ApplyAZ clients often join these pitches, turning academic projects into fully-funded businesses.

Part-Time Work and Post-Study Visas

International students are allowed to work up to 20 hours per week during the semester and full-time in holidays. Common jobs include barista, English tutor, research assistant, and tour-guide intern. After graduation you can apply for a 12-month “job-search visa”, extendable into a standard work permit once you sign a contract. Many graduates use this bridge year to enter management-training schemes at Emilia-Romagna’s exporter-run firms, which favour multilingual profiles.

Your Path with ApplyAZ

ApplyAZ specialises in guiding international applicants through Italy’s public system. We help you identify the best match among public Italian universities, explain entry requirements, and calculate whether you qualify for the DSU grant or other funding. Our platform converts your grades into the Italian scale, checks language certificates, and lets you upload documents once for use across multiple applications. Our counsellors stay with you until your visa is stamped.

Step-by-Step Support

  1. Initial assessment – Our online tool weighs your academic record against Bologna’s cut-offs.
  2. Programme selection – We shortlist degrees that fit your ambitions and job market trends.
  3. Scholarship strategy – We tell you exactly how to land internal awards or national grants.
  4. Document prep – We translate, legalise, and notarise your papers with no hidden fees.
  5. Visa and relocation – We book appointments, advise on accommodation, and connect you with local student mentors.

Our success rate exceeds 95 percent, thanks to a combination of in-house expertise and close ties with university staff.

Conclusion: Tradition Meets Innovation

To study in Italy in English is to balance the charm of cobblestone streets with laboratories filled with 3-D printers and robotic arms. The University of Bologna offers that balance better than almost anywhere else. You join the world’s oldest academic community, yet you enter lecture halls equipped with holographic microscopes. You stroll under medieval towers, then ride an e-bike to your internship at a carbon-neutral supercar factory.

If you want an education that costs less than many Western European alternatives, delivers global academic prestige, and places you in the middle of an economic powerhouse, Bologna is it. And with ApplyAZ managing the paperwork, the journey becomes straightforward.

In two minutes we’ll confirm whether you meet the basic entry rules for tuition-free, English-taught degrees in Italy. We’ll then quickly see if we still have space for you this month. If so, you’ll get a personalised offer. Accept it, and our experts hand-craft a shortlist of majors that fit your grades, goals, and career plans. Upload your documents once; we submit every university and scholarship application, line up multiple admission letters, and guide you through the visa process—backed by our admission-and-scholarship guarantee.

Study in Italy in English: Economics and Econometrics (LM-56) at University of Bologna (Alma Mater Studiorum – Università di Bologna)

Choosing where to master economic science can feel hard. Yet four facts may sway you quickly. First, English-taught programs in Italy now cover advanced quantitative fields. Second, you can study in Italy in English while living in a culture-rich nation. Third, many options sit inside tuition-free universities Italy that charge little or nothing when income rules fit. Fourth, these degrees belong to first-class public Italian universities with centuries of research. In this long guide we unpack the Economics and Econometrics LM-56 master’s at the University of Bologna (Alma Mater Studiorum – Università di Bologna); we show fees, funding, teaching, and life after graduation.

English-taught programs in Italy: Gateway to Global Economics

Italy invented double-entry bookkeeping, hosted early stock exchanges, and now drives modern banking rules. By joining English-taught programs in Italy you gain direct insight where history meets data science. The Economics and Econometrics pathway delivers that mix.

Features that set the degree apart

  • Full English delivery. Every lecture, lab, and assessment uses English, so B2 learners feel at ease from day one.
  • Strong econometrics core. Courses in time-series, panel data, and causal inference let you test real economic questions.
  • European Research reputation. The Department ranks high in IDEAS/RePEc, linking you to networks across Milan, Paris, and Berlin.
  • Erasmus mobility. Spend a semester at partner campuses in the Netherlands or Spain; credits transfer seamlessly.
  • Applied workshops. Work on forecasting inflation, measuring inequality, or designing randomised trials alongside invited central-bank analysts.

These elements place the Bologna master among leading English-taught programs in Italy for quantitative economics, yet tuition remains low because the institution is public and subsidised.

Study in Italy in English: Course Roadmap and Skills

The two-year LM-56 totals 120 ECTS (European Credit Transfer System points). Each semester blends theory, practice, and soft-skill growth.

Year One

  1. Advanced Microeconomics – Strategic decision models for firms and consumers (8 ECTS).
  2. Advanced Macroeconomics – Growth, business cycles, and policy design (8 ECTS).
  3. Mathematics for Economists – Static optimisation, differential equations, matrix algebra (6 ECTS).
  4. Statistics and Probability – Foundations for inference and prediction (6 ECTS).
  5. Econometrics I – Linear regression, hypothesis testing, and diagnostic tools (8 ECTS).
  6. Programming for Data Analysis – R and Python labs aimed at large data sets (4 ECTS).

Year Two

  1. Econometrics II – Time-series, volatility models, and Bayesian methods (8 ECTS).
  2. Public Economics – Tax, spending, and welfare analysis (6 ECTS).
  3. Development and Growth Economics – Poverty traps, empirical growth testing (6 ECTS).
  4. Lab Elective – Choose Environmental Economics, Health Economics, or Behavioural Finance (6 ECTS).
  5. Internship – 150-hour placement at a research centre, think tank, or company (8 ECTS).
  6. Final Thesis – Original econometric study under one-to-one supervision (24 ECTS).

Throughout both years you practise peer review, write policy briefs, and present findings to mixed audiences. These tasks strengthen English communication without jargon.

Key competences gained

  • Modelling policy impact using structural and reduced-form techniques.
  • Big-data management with tidy data pipelines and reproducible code.
  • Evidence-based advice for firms, NGOs, and ministries.
  • Cross-cultural teamwork thanks to group projects with classmates from over 50 nations.

Students thus leave ready for PhD tracks or analyst roles in Europe and beyond.

Public Italian universities and Academic Excellence

The University of Bologna ranks among Europe’s top public Italian universities. Its economics school benefits from:

  • Faculty quality. Professors publish in journals such as Econometrica and Journal of Applied Econometrics. Several hold roles in EU committees.
  • Research clusters. Units in labour economics, energy markets, and digital policy supply seminar series open to master’s students.
  • Libraries and databases. Access to Bloomberg terminals, Eurostat microdata, and historical trade archives.
  • Interdisciplinary links. Partnerships with the School of Engineering enable machine-learning electives.
  • Student life. Bologna is a medium-sized city with low living costs, bike lanes, and a network of public canteens.

Because the University is state-funded, it charges tiered fees and aligns with Italian equality goals. This places it firmly inside the group of public Italian universities committed to access and merit.

Funding Options at Tuition-Free Universities Italy

Many ask how a master’s could be free in Western Europe. The answer lies in progressive law. Bologna applies income-based bands that can shrink tuition to zero. That is why it appears on most short-lists of tuition-free universities Italy.

How the fee system works

  1. ISEE submission. International candidates send notarised income forms. If family income sits below about €24,000, tuition vanishes.
  2. Merit exceptions. Even higher-income students pay reduced rates when they earn 48 ECTS with high averages in year one.
  3. Single upfront costs. The main first instalment is about €160, covering regional tax and stamp duty.

Scholarships for international students in Italy

Beyond tuition cuts, Bologna offers grants aimed at living costs. Key lines include:

  • DSU grant. A state scholarship that covers accommodation, meals, and up to €5,200 annual stipend. Applicants file one online form every July.
  • Unibo Action 2. Full tuition waiver plus €11,000 for top non-EU applicants.
  • Fondazione Cassa di Risparmio di Imola bursaries. Small awards for research on local development.
  • Erasmus+ mobility support. Extra funds during the semester abroad.

These scholarships for international students in Italy can stack with low tuition to make total cost minimal. ApplyAZ mentors guide you through proof of income, motivation essays, and visa finances, raising winning odds for the DSU grant and others.

Tuition-Free Universities Italy: Living Budget

While tuition may drop to zero, you still need living funds. Typical monthly expenses in Bologna are:

  • Rent in shared flat: €350–€450
  • Food markets and canteen meals: €200
  • Public transport pass: €30
  • Study materials and leisure: €100

With the DSU grant, most costs are met; some students even save. Regional buses, free museums on Sundays, and student discounts help stretch the budget.

Career Outcomes and Global Impact

Economics and Econometrics graduates from Bologna build evidence-based careers.

Private-sector pathways

  • Data Analyst at international banks. Use panel regression to gauge credit risk.
  • Consultant at Big Four firms. Run impact models for energy or tax projects.
  • Business intelligence for tech start-ups. Forecast user growth and pricing.

Public-sector and research pathways

  • Policy Officer at EU institutions. Evaluate labour-market reforms across member states.
  • Statistician in central banks. Monitor inflation expectations and design surveys.
  • PhD candidate. Alumni place at Oxford, Barcelona GSE, and Boston University.

Employers value the Bologna degree because its econometrics sequence teaches both theory and reproducible coding standards. A 2024 alumni survey showed 92 % found work or PhD spots within six months.

Soft Skills and Networking

Life in Bologna sharpens more than statistics.

  • Multilingual environment. Daily Italian lessons are free, enriching cultural fluency.
  • Debate clubs. Students practise policy pitches, build confidence, and get mentor feedback.
  • Hackathons. Weekend events pair economists with programmers to solve real data challenges.
  • Alumni community. Over 300,000 graduates worldwide give referrals and advice.

Such extras transform classroom learning into a launchpad for leadership.

Application Timeline and Entry Requirements

To join the next cohort you must:

  1. Hold a bachelor’s in economics, mathematics, statistics, or a related field with at least 24 ECTS in quantitative subjects.
  2. Send scores for GRE (optional but recommended) or equivalent tests.
  3. Show English level at B2 (IELTS 6.5, TOEFL iBT 90, or native proof).
  4. Upload CV, statement of purpose, and academic transcript.

Important dates (may shift each year):

  • December–March: Pre-evaluation round for non-EU applicants needing visas.
  • April–May: Main call for EU and non-EU already in Italy.
  • June–July: Scholarship submissions, including DSU grant dossier.
  • August: Visa processing.
  • September: Welcome week and Italian crash course.
  • October: Classes start.

Missing one document can delay your place; thus many rely on ApplyAZ to track each step and liaise with admissions staff.

Student Story: From Lagos to Bologna

Amina, a 2023 graduate, wanted to model agricultural markets. She chose Bologna because it sat among tuition-free universities Italy and offered a clear econometrics track. Her family’s income qualified her for the DSU grant, so she paid zero tuition and received free housing in student halls.

During semester two she joined an Erasmus exchange in Lisbon, where she analysed cocoa futures. Her thesis, supervised remotely, used GARCH models to predict price volatility. She now works at the United Nations Food and Agriculture Organisation in Rome, proving how an English-taught program in Italy can open global doors.

How the City Supports Your Growth

Bologna blends medieval towers with innovation hubs.

  • Bike-friendly lanes keep commutes short and healthy.
  • Night-time readings at bookstores let you engage with Nobel laureates passing through.
  • Regional airports connect you to Paris, Prague, and London in under two hours.
  • Cuisine culture—tortellini, ragù, and street food—turns meals into language exchanges.

Such surroundings enrich learning far beyond lecture halls.

Public Outreach and Social Impact

The Department hosts annual policy labs where students:

  • Map poverty pockets using machine-learning classification.
  • Build dashboards that track gender wage gaps.
  • Present findings to city councillors, NGOs, and journalists.

These projects reinforce why public Italian universities matter: they link academic rigour with societal benefit.

Future of the Degree

The curriculum updates yearly. Planned additions include:

  • Climate Econometrics – Spatial panel techniques to quantify carbon policy.
  • Machine-learning for Causal Inference – Combining random forests with propensity scores.
  • Fintech Regulation – Analysing crypto markets using high-frequency data.

These updates ensure graduates meet changing labour demands.

Ready for this programme?
If you qualify and we still have a spot this month, we’ll reserve your place with ApplyAZ. Our team will tailor a set of best-fit majors—including this course—and handle every form and deadline for you. One upload, many applications, guaranteed offers, DSU grant support, and visa coaching: that’s the ApplyAZ promise. Start now and secure your spot before this month’s intake fills up.

They Began right where you are

Now they’re studying in Italy with €0 tuition and €8000 a year
Group of happy college students
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