Master in Economics and Finance at University of Bergamo
Two-year English-taught LM-16 master's at the University of Bergamo training financial economists, risk managers and analysts, with curricula in Quantitative Finance and Insurance, and Investments, Banking and Finance. Entry needs maths, statistics and economics credits, English at B2 and an interview.
Master
2 years
Bergamo
English
University of Bergamo



Economics and Finance is a two-year, 120 ECTS master's degree (class LM-16) taught in English at the University of Bergamo. Entry needs a related degree or at least 6 credits in maths, 6 in statistics, 12 in economics and computer skills, plus English at B2 and, for international applicants, an online interview. Fees follow family income, so it can be tuition-free for eligible students.
Entry requirements
Detailed entry requirements
Bergamo's Economics and Finance master asks for a three-year degree or recognised foreign equivalent: graduates of set Italian classes qualify directly, and others need at least 6 credits in maths, 6 in statistics, 12 in economics and proof of computer skills. You also need English at B2, and international applicants have an online interview on economics, maths, statistics and finance. Reviewed 8 October 2026. [1]
Degree and credit requirements
You need a three-year university degree or a foreign qualification recognised as suitable. [1] Italian graduates in these bachelor's classes meet the curricular rule directly: civil, information and industrial engineering, legal services, administration, economics and business, communication, physics, computer science, mathematics, political science, social sciences for cooperation, and statistics. [1][2]
Graduates of other classes need at least: [1]
- 6 credits in mathematics (MAT/01 to 09 or SECS-S/06).
- 6 credits in statistics (SECS-S/01 to 05 or econometrics, SECS-P/05).
- 12 credits in economics (SECS-P/01 to 03 or SECS-P/06).
- Computer skills: an ECDL certificate, 3 credits in computer science (INF/01 or ING-INF/05) or an equivalent diploma.
One list in the 2026/27 regulations also asks for 12 credits in business subjects (SECS-P/07 to 11), while the detailed admission criteria and the programme page do not, so we check your transcript against both. [1][2]
For Italian degrees, a final mark above 81/110 gives direct admission. [1] For bachelor's degrees from India and Pakistan, Bergamo states that a general bachelor's does not give access to a master's degree and an Honours bachelor's is needed. [6]
What this means for your transcript
Italian credits and the credits on a foreign transcript are not the same unit, and the committee looks at your subjects, not just your total. As a guide, based on the rule above:
- Usually a fit: an Honours-level B.Com, BBA or B.A. or B.Sc. in Economics with maths, statistics and economics units, or a B.Sc. in Mathematics or Statistics with some economics.
- Check carefully: a B.Tech, B.E. or B.Sc. in Physics or Computer Science, where maths, statistics and computing are usually covered but economics often falls short of 12 credits; and a general three-year B.Com, BBA or BA from India or Pakistan, where the subjects may fit but the degree type may not.
- Often short: a BA in humanities or languages, or a B.Sc. in life sciences, with little maths, statistics or economics.
Missing curricular requirements can be made up through single courses, with a view to enrolling the following year. [1]
English
English at CEFR level B2 is required, since the course is taught entirely in English. The 2026/27 regulations accept a B2 certificate recognised by the university, at least 6 credits of English in your bachelor's, a degree taught in English, at least six months on an English-taught university course abroad, or at least six months living, studying or working in an English-speaking country. If your documents are not judged suitable, your English is checked at interview. [1]
The 2026/27 admissions listing accepts certificates such as IELTS 5.5 to 6.5, TOEFL iBT 79 to 95, Pearson Academic 46 to 64, Cambridge First at grade B or C and Trinity ISE II, or a certificate from your university confirming that your degree was taught entirely in English. Native English speakers are exempt. [4] The university's general pre-evaluation checklist lists an English certificate among the compulsory documents and gives TOEFL iBT 72 to 94 for B2, so we plan your file with a certificate or a medium-of-instruction letter. [6]
Selection and interview
There is no written entrance test. For international applicants who need a visa, the online interview held during pre-evaluation replaces the general check of preparation. [1] The programme page says the interview is mandatory for international students and takes place after the pre-evaluation of their qualifications. [2]
The interview covers four areas, with set reading: [1]
- Economics: rational consumer choice and information economics.
- Mathematics: one-variable calculus, foundations and applications.
- Statistics: summarising data and probability.
- Finance: capital structure and perfect capital markets, and capital structure, taxes and organisation theories.
For 2026/27, the course ran a preparatory maths course in early September 2026, alongside crash courses in economics and econometrics for students with weaker backgrounds. [3]
Deadlines and applying before you graduate
For 2026/27 entry, non-EU applicants had two online pre-evaluation calls: [5]
- First call: 24 November 2025 to 15 January 2026, for open-access courses, with interviews in February and March and results by 31 March 2026.
- Second call: 1 to 31 January 2026, with interviews in March and April and results by 30 April 2026.
For 2027/28, the university's pre-evaluation page lists a first call from November 2026 to January 2027, with interviews in February and March 2027 and rankings by 31 March 2027, and a second call in January 2027, with exact dates still to be confirmed. [6]
Economics and Finance is open access, so in the 2026/27 calls applicants still finishing their degree could apply with a certificate of their expected graduation date, as long as they graduated by 30 June 2026. [5][6]
Documents and non-EU steps
You register on the university website and apply on DreamApply. You can apply to up to two master's degrees. [5]
- Compulsory: your bachelor's degree, or a certificate of your expected graduation date, and your transcript for the last three or four years or a Diploma Supplement, both translated into English or Italian; an English certificate; a copy of a valid passport, the only identity document accepted; and the completed Major Area Form, which asks for your courses in economics, statistics, mathematics and econometrics. [6]
- Also asked for this programme: descriptions of your major-area courses and at least one reference. [4]
- Recommended: a declaration from an ENIC-NARIC centre such as CIMEA, a CV in English, a reference letter from a professor, a list of relevant activities and a GRE score. [6]
After a positive evaluation, you bring your original documents to the university for final enrolment. [4] We complete your Universitaly pre-enrolment before you apply for the visa.
Sources and verification
Checked by the ApplyAZ admissions team against the university's official documents listed below. Entry rules can change with each new call, and we re-check them before every application.
- University of Bergamo, Department of Management. Teaching regulations, Master's degree in Economics and Finance (class LM-16), for students enrolling in 2026/27. Reviewed 8 October 2026.
- University of Bergamo, Economics and Finance programme website. How to enrol and admission requirements, undated. Reviewed 8 October 2026.
- University of Bergamo, Economics and Finance programme website. Prospective students page: crash courses and expected background, academic year 2026/27. Reviewed 8 October 2026.
- University of Bergamo, International admissions portal. Economics and Finance programme listing (fees, language and entry requirements), academic year 2026/27. Reviewed 8 October 2026.
- University of Bergamo, International admissions portal. Online pre-evaluation calls for non-EU applicants to master's degrees, 2026/27 intake. Reviewed 8 October 2026.
- University of Bergamo. Online pre-evaluation page and document checklist for non-EU applicants to master's degrees, 2026/27 intake, with next calls to be updated. Reviewed 8 October 2026.
- University of Bergamo, Economics and Finance programme website: study plan, curricula and career opportunities pages, academic year 2026/27. Reviewed 8 October 2026.
About the programme
Economics and Finance (Economics & Finance) is a two-year master's degree (laurea magistrale, class LM-16 finance) of 120 ECTS taught in English. It is run by the University of Bergamo's Department of Management, with the Department of Economics also contributing. [1] Classes take place at the Campus of Economics and Law in Via dei Caniana, Bergamo.
The course trains specialists who can handle the growing complexity of economic and financial systems in the era of digitalisation and big data. Teaching is research-based and uses small classes, seminars, reading groups and teamwork on real-world problems. It suits graduates with a quantitative background who want a career in markets, banking, insurance or economic research.
What you will study
Since 2025/26 the degree has two curricula. Both combine economic theory and econometrics with quantitative finance, sustainable finance and data analytics, and both leave room for electives, an internship and a research thesis. The 2026/27 regulations also provide for a double degree with Technische Hochschule Nürnberg in Germany for selected students. [1]
- Quantitative Finance and Insurance: risk analysis and insurance products
- Investments, Banking and Finance: portfolio management, banking and financial markets
- Statistical models for assessing financial risk
- Data mining and machine learning techniques for financial data
- Sustainable finance topics within the core course units
- A second-level internship worth 6 ECTS as an option in both curricula
Career paths
The course site describes four professional profiles. Graduates can also sit the Italian state exam to qualify as an actuary.
- Financial economist in research centres, consulting firms, competition authorities and national or international agencies
- Risk manager in supervisory authorities, insurance companies and financial intermediaries
- Financial analyst in banks, insurers and private equity firms
- Economic and financial data analyst in fintech firms, banks, insurers and research centres
Fees and scholarships
The University of Bergamo sets fees by family income. Eligible students can be exempt from tuition instalments, so this programme can be tuition-free for eligible students. [4] The DSU scholarship for Lombardy is managed by the university itself, and income and merit decide awards.
How to apply from outside the EU
Applicants with a foreign degree use the University of Bergamo DreamApply portal. We register you and upload your documents, and you can apply to up to two master's degrees. For 2026/27 entry, the calls ran from 24 November 2025 to 31 January 2026, followed by online interviews and results by 30 April 2026. [5] For 2027/28, the university lists a first call from November 2026 to January 2027 and a second in January 2027, with exact dates still to be confirmed. [6]
Once you are admitted, we file your Universitaly pre-enrolment, and you apply for a type D study visa.
How ApplyAZ helps
ApplyAZ is an Italy-based consultancy that works only with public universities. We can include this programme in a shortlist of 20 to 30 English-taught programmes that fit your profile, so your plan never rests on a single application.
For eligible students who start with us, a named person owns each stage, from A to Z:
- We check your transcript against Bergamo's entry rules for this programme.
- We write your CV and a tailored statement of purpose.
- We prepare and submit your pre-evaluation application on DreamApply and Universitaly pre-enrolment.
- We help you declare your family income for reduced fees and file your regional DSU scholarship application at the right time and in the right format.
- We prepare your visa file.
With operations in all 20 Italian regions, we follow each region's scholarship rules and deadlines as they change. The university decides admission, the region decides the scholarship and the consulate decides the visa, so no one can promise an outcome. You pay in milestones, and every service you pay for is either delivered or its fee is refunded (terms apply).
Programmes at Italian public universities can be tuition-free for eligible students. Check if you are eligible and book a one-to-one consultation session with one of our Italy experts, or see how ApplyAZ works.
Questions and answers
What bachelor's degree do I need for Bergamo's Economics and Finance master?
A three-year degree or recognised foreign equivalent. Italian graduates in economics, business, engineering, maths, physics, statistics, computer science and some social science classes qualify directly. Others need at least 6 credits in maths, 6 in statistics, 12 in economics and proof of computer skills. [1][2]
Is there an entrance exam?
No written test. International applicants who need a visa have an online interview during pre-evaluation. It covers consumer choice and information economics, one-variable calculus, summarising data and probability, and capital structure in corporate finance. [1][2]
What IELTS score do I need?
English at B2. The 2026/27 admissions listing accepts IELTS 5.5 to 6.5, TOEFL iBT 79 to 95 or Cambridge First at grade B or C, among others, or proof that your degree was taught entirely in English. If your documents are not judged suitable, your English is checked at interview. [1][4]
When is the deadline for non-EU students?
For 2026/27 entry, the pre-evaluation calls ran from 24 November 2025 to 15 January 2026 and from 1 to 31 January 2026. For 2027/28, the university lists calls from November 2026 to January 2027, with exact dates still to be confirmed. [5][6]
Can I apply before I graduate?
Yes. The course is open access, and in the 2026/27 calls you could apply with a certificate of your expected graduation date, as long as you graduated by 30 June 2026. [5][6]
I have a B.Tech in engineering. Can I apply?
Possibly. Italian engineering graduates qualify directly, but a foreign degree is assessed on its subjects. A B.Tech usually covers the maths, statistics and computing rules but often has fewer than 12 economics credits, so we check your transcript against the rule before you apply. [1][2]
What are the two curricula?
Quantitative Finance and Insurance, and Investments, Banking and Finance, offered since 2025/26. Both combine economics and econometrics with quantitative and sustainable finance, and electives include an optional 6 ECTS internship. [7]
What jobs do graduates do?
The course names financial economist, risk manager, financial analyst and economic and financial data analyst, in banks, insurers, fintech firms, authorities and research centres. Graduates can also sit the Italian state exam to qualify as an actuary. [7]
Can someone handle my whole application to Economics and Finance at Bergamo?
Yes. ApplyAZ, an Italy-based consultancy that works only with public universities, checks your transcript against Bergamo's rules for this programme, handles the application and Universitaly pre-enrolment, helps you file the regional DSU scholarship application at the right time and in the right format, and prepares your visa file, for eligible students. Start by checking your eligibility.
I'm applying from India. What is the route into Economics and Finance?
A B.Com (Honours), BBA or Economics degree can meet the rule if it includes at least 6 credits in maths, 6 in statistics, 12 in economics and computer skills. Bergamo states that a general (non-Honours) bachelor's from India does not give access, so an Honours bachelor's is needed. You also need English at B2, then online pre-evaluation, an online interview and Universitaly pre-enrolment. [1][6] Indian students apply for the type D study visa at the Italian embassy or consulate that covers their state, such as New Delhi, Mumbai or Bengaluru.
Is the route different from Pakistan, Bangladesh or Sri Lanka?
No. The academic rules for Economics and Finance are the same whatever your nationality. Applicants from Pakistan, Bangladesh and Sri Lanka follow the same steps as India: online pre-evaluation, an online interview with the admission committee and Universitaly pre-enrolment, then a type D study visa from the Italian mission for their country of residence. Read our guide for students in Dhaka.
I live in the UAE, Saudi Arabia, Qatar, Kuwait, Oman or Bahrain. Where do I apply for the visa?
At the Italian embassy or consulate responsible for the country where you legally live, after Universitaly pre-enrolment. The academic rules for Economics and Finance are the same whatever your nationality, and Gulf residents follow the same steps: online pre-evaluation, an online interview with the admission committee and Universitaly pre-enrolment. Read our guides for Dubai, Riyadh and Doha.
I studied or live in London, New York, Toronto, Vancouver, Singapore or Kuala Lumpur. What is the route?
The academic rules for Economics and Finance are the same whatever your nationality, and your degree is assessed like any other foreign qualification. Non-EU applicants who live abroad follow the same route: online pre-evaluation, an online interview with the admission committee and Universitaly pre-enrolment, then a type D study visa from the Italian mission for where they live. Read our guides for students in London, New York, Toronto, Vancouver, Singapore and Kuala Lumpur.
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