Master in Economics, Finance and Sustainability at Ca’ Foscari University of Venice

English-taught two-year economics and finance master at Ca' Foscari in Venice with three curricula, Economics-QEM, Quantitative Finance and Risk Management, and Sustainable Finance, and double degrees with partners in Europe and the USA.

Master

2 years

Venice

English

Ca’ Foscari University of Venice

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Can be tuition-free for eligible students
Tuition per year
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2 years
Programme duration

This programme 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.

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Offered by
Ca' Foscari University of Venice
Public university · Veneto · Founded 1868
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In short

Economics, Finance and Sustainability is a two-year, 120 ECTS master's degree (class LM-56 R) taught in English at Ca' Foscari University of Venice. Entry needs a three-year degree with a CGPA of at least 70%, 60 ECTS in business, economics, law, and maths and statistics, certified English at B2 and an online written test. Non-EU students pay a flat fee by citizenship, and it can be tuition-free for eligible students.

Degree
Master
Degree class
LM-56-R
Credits
120 ECTS
Duration
2 years
Language of instruction
English
Intake
2027/28, autumn intake (calendar pending)
Entrance test
Online written multiple-choice test in English by curriculum, with a possible interview; Italian L-18, L-33 or L-41 graduates with 95/110 or more are exempt.
Language requirement
Certified English at B2, required at enrolment; Ca' Foscari runs no English test of its own.

Entry requirements

Detailed entry requirements

Ca' Foscari's Economics, Finance and Sustainability master asks for a degree of at least three years with a CGPA of at least 70%, at least 60 ECTS in business, economics, law, and maths and statistics, certified English at B2 to enrol, and a pass in an online written test for your curriculum. Reviewed 8 October 2026. [1]

Degree and the 60-credit rule

You need a bachelor's degree. A foreign qualification must come from a course of at least three years, and the Teaching Committee pre-evaluates your studies. [1][2] The admissions portal asks for a minimum CGPA of 70%; grades without a numerical scale are converted proportionally to a percentage. [4]

Your degree must include at least 60 ECTS across four areas, with no minimum per area: [1][2]

  • Business: business administration, management, corporate finance, organisation studies and financial intermediaries (SECS-P/07 to 11).
  • Economics: economics, economic policy, public finance, history of economic thought, econometrics, applied economics and economic history (SECS-P/01 to 06 and P/12).
  • Law: private, commercial, economic, labour, public, administrative, tax, international and EU law (IUS/01, 04, 05, 07, 09, 10, 12, 13 and 14).
  • Maths and statistics: algebra, geometry, mathematical analysis, probability, numerical analysis, operations research, statistics, economic statistics and mathematical methods for economics and finance (MAT/02, 03, 05, 06, 08 and 09, SECS-S/01, 03 and 06).

If you are short of these credits, you must make them up before enrolment by passing single bachelor's level courses at Ca' Foscari or another university. [1][2]

What this means for your transcript

The committee counts credits in these subject areas, not just your total. As a guide, based on the rule above:

  • Usually a fit: a B.Com, BBA, or a BA or B.Sc. in Economics, Statistics or Mathematics, where most units fall in business, economics, law or maths, with a CGPA of 70% or more.
  • Check carefully: a B.Tech, B.E., BCA or B.Sc. in Computer Science, whose maths and statistics units count but may not reach 60 ECTS without some economics, business or law.
  • Often short: a BA in humanities or a B.Sc. in life sciences with few maths, economics or business units.

The written test also covers financial maths, statistics and economics, so we check both your credits and your preparation for the curriculum you choose.

English and Italian

Certified English at B2 is mandatory and must be held at enrolment. [1][2] You can apply without a certificate, but you cannot enrol without one by the enrolment deadline, and Ca' Foscari does not run its own English test. The pages we reviewed do not list accepted scores. [2][4]

The degree is taught entirely in English. [1] Non-Italian citizens must earn 3 credits in Italian before graduating, unless they already have Italian at B1 or higher. [2]

Written test and interview

Your personal preparation is always checked: the Teaching Committee reviews your CV and you sit an online written test in English for your curriculum, followed by an interview if the committee asks for one. [1][2] Each correct answer earns 1 point and each wrong answer loses 0.5. [3]

  • Quantitative Finance and Risk Management, and Sustainable Finance: 18 multiple-choice questions in 60 minutes, covering financial mathematics (6), statistics (6), corporate finance (3), and microeconomics and financial economics (3). A score of 8 or more, with at least one correct answer in both financial mathematics and statistics, means direct admission; below 4 means exclusion. [3]
  • Economics-QEM: 12 multiple-choice questions in 50 minutes on microeconomics, mathematics for economics and statistics (4 each). A score of 9 or more means direct admission; below 4.5 means exclusion. [3]

For scores in between, the committee reviews your academic record and may add an oral exam. [3] Graduates of the Italian classes L-18, L-33 or L-41 (or equivalent earlier degrees) with at least 95/110 are exempt from the test. [1][2][3] The provisional 2027/28 portal page says all candidates take the online test. [4]

Deadlines

These rules come from the 2023/24 regulations, with the test and session details from the 2026/27 cycle. [1][2][3] The programme's written tests for 2026/27 entry were scheduled for 16 June, 7 September and 30 November 2026. [2] Applicants with an international qualification follow Ca' Foscari's pre-evaluation on the admissions portal, where the 2027/28 details are marked provisional, to be confirmed in the autumn, and no 2027/28 deadlines were open when we reviewed it. [4]

Documents and non-EU steps

You apply on Ca' Foscari's admissions portal with a motivation letter written for this programme. One application covers up to two programmes. Qualification documents are accepted in English or Italian; documents in other languages need the original or a verified copy plus a professional translation into English or Italian. [4]

For 2026/27, the steps for non-EU students who need a visa were: [5]

  • a positive pre-evaluation and a letter of enrolment eligibility;
  • Universitaly pre-enrolment and the visa request;
  • enrolment after the visa, uploading your visa, bachelor's certificate and transcript (with official Italian or English translations if needed) and the required English certificate;
  • one of: a CIMEA Statement of Comparability, a declaration of value, an ARDI Statement of Correspondence with the CIMEA Statement of Verification, or a Diploma Supplement from an EHEA institution.

Without these documents, enrolment is not possible. [5]

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.

  1. Ca' Foscari University of Venice, Department of Economics. Teaching regulations of the Master's degree programme in Economics, Finance and Sustainability (EM15, LM-56), academic year 2023/24, Rector's Decree no. 812 of 10 July 2023. Reviewed 8 October 2026.
  2. Ca' Foscari University of Venice. Economics, Finance and Sustainability (EMR15, LM-56 R), admission and enrolment page, 2026 evaluation sessions for academic year 2026/27. Reviewed 8 October 2026.
  3. Ca' Foscari University of Venice. Economics, Finance and Sustainability, personal preparation test: contents and examination procedures, academic year 2026/27. Reviewed 8 October 2026.
  4. Ca' Foscari University of Venice. Admissions portal course page, Economics, Finance and Sustainability, provisional information for academic year 2027/28. Reviewed 8 October 2026.
  5. Ca' Foscari University of Venice. Enrolment for non-EU students who require a visa, academic year 2026/27. Reviewed 8 October 2026.

About the programme

Economics, Finance and Sustainability is a two-year master's degree in class LM-56-R (Economics), taught entirely in English by the Department of Economics at Ca' Foscari's San Giobbe campus in Venice.

It is worth 120 ECTS, has open admission subject to an assessment of each applicant, and attendance is not compulsory.

The degree gives you robust mathematical and statistical tools, a strong theoretical and quantitative base, and skills in economic and financial analysis, so that you can analyse modern society and propose answers to economic and social problems.

It suits graduates in economics, business, finance, mathematics or statistics who want a quantitative master's.

What you will study

You choose one of three curricula. Economics-QEM offers international economics training with a strong focus on quantitative methods and belongs to the Erasmus Mundus QEM consortium.

Quantitative Finance and Risk Management covers mathematical and statistical analysis for advanced finance and risk management. Sustainable Finance applies finance to sustainability, including the risks and opportunities of climate change. First-year units in 2026/27 include:

  • Microeconomics, Macroeconomics, Optimization and Probability Theory (Economics-QEM)
  • Econometrics
  • Stochastic Calculus for Finance and Risk Measurement (Quantitative Finance)
  • Derivatives and Insurance
  • Advanced Corporate Finance and Sustainable Corporate Strategy (Sustainable Finance)
  • Advanced Instruments for Sustainable Finance and Impact Financing
  • Financial Economics
  • The Economics of Climate Change

How the programme is taught

Alongside coursework, the degree includes a curricular internship in Italy or abroad and a final thesis.

International options include the Erasmus Mundus QEM joint degree and double degrees with City, University of London, Henley Business School at the University of Reading, Stevens Institute of Technology in the USA, Université Paris Dauphine-PSL and Aix-Marseille Université.

Exchange semesters run through Erasmus+ and the Overseas programme.

Career paths

Each curriculum points to a different job market. The university names:

  • Economists in international organisations, research institutions, consultancy and non-profits (Economics-QEM)
  • Quantitative finance roles in banks, insurance companies and asset management
  • ESG and sustainability roles within financial strategy (Sustainable Finance)
  • Financial and corporate finance analyst
  • Consultant or market regulation specialist

Fees and scholarships

Non-EU master's students pay Ca' Foscari's flat yearly rate for their citizenship, with a lower rate for countries on the ministry's low human development list.

Students who meet the Veneto regional scholarship limits with an ISEE parificato are exempt from fees, so this programme can be tuition-free for eligible students.

Applicants with a CGPA of 85% or more can seek merit aid in the first two rounds.

How to apply from outside the EU

With your motivation letter, CV and transcript, the Teaching Committee checks your 60 ECTS in the required fields and your preparation through a remote written test specific to your curriculum, sometimes followed by an interview.

Graduates of Italian business, economics or statistics degrees (classes L-18, L-33 or L-41, or equivalent) with at least 95/110 are exempt from the test, although the provisional 2027/28 portal page says all candidates take it. [2][4] We apply on apply.unive.it, and one application covers two ranked choices.

For 2026/27 the portal opened on 17 December 2025. Ca' Foscari marks its 2027/28 admission details as provisional, to be confirmed in the autumn, and no 2027/28 deadlines were open in early October 2026. [4]

With the eligibility letter, we complete Universitaly pre-enrolment, and you apply for a type D study visa. Enrolment needs a CIMEA Statement of Comparability, a declaration of value, an ARDI statement with CIMEA verification, or a Diploma Supplement.

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 Ca' Foscari's entry rules for this programme.
  • We write your CV and a tailored statement of purpose.
  • We prepare and submit your apply.unive.it application 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 Ca' Foscari's Economics, Finance and Sustainability master?

A degree of at least three years with a CGPA of at least 70%, and at least 60 ECTS across business, economics, law, and maths and statistics. Missing credits must be made up with single bachelor's courses before enrolment. [1][2][4]

Is there an entrance exam?

Yes. You sit an online written test in English for your curriculum: 18 multiple-choice questions in 60 minutes for the two finance curricula, or 12 in 50 minutes for Economics-QEM. An interview may follow. Italian graduates in L-18, L-33 or L-41 with 95/110 or more are exempt. [2][3]

What score do I need on the written test?

Each wrong answer loses half a point. For the finance curricula, 8 points with at least one correct answer in both financial maths and statistics means direct admission, and below 4 means exclusion. For Economics-QEM the marks are 9 and 4.5. In between, the committee reviews your record. [3]

What English level is required? Do I need IELTS?

Certified English at B2 is mandatory. You can apply without a certificate, but you cannot enrol without one by the enrolment deadline, and Ca' Foscari does not test English itself. The pages we reviewed list no scores, so we check which certificate your file can use. [1][2][4]

When is the deadline for non-EU students?

These rules come from the 2023/24 regulations and the 2026/27 cycle. Ca' Foscari marks its 2027/28 admission details as provisional, to be confirmed in the autumn, and no 2027/28 deadlines were open in early October 2026. We track the visa-applicant rounds for you. [1][4]

I have a B.Tech or a BCA. Can I apply?

Possibly. Maths and statistics units count towards the 60 ECTS, but you may need business, economics or law units to reach the total. The test also covers financial maths, statistics and economics, so we check your transcript and your readiness for the curriculum you choose. [1][2][3]

Which curricula can I choose?

Three, all taught in English: Economics-QEM, with a quantitative economics focus; Quantitative Finance and Risk Management; and Sustainable Finance, which brings sustainability and climate change into finance. [1]

Do I need to speak Italian?

Not for admission, as the degree is taught entirely in English. Non-Italian citizens must earn 3 credits in Italian before graduating, unless they already have Italian at B1 or higher. [1][2]

Can someone handle my whole application to Economics, Finance and Sustainability at Ca' Foscari?

Yes. ApplyAZ, an Italy-based consultancy that works only with public universities, checks your transcript against Ca' Foscari'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, Finance and Sustainability?

A recognised three-year Indian bachelor's such as a B.Com, BBA, or a BA or B.Sc. in Economics, Statistics or Mathematics can cover the 60 ECTS in business, economics, law and maths. You need a CGPA of at least 70%, certified English at B2 and a pass in the online written test. [1][2][4] The steps are the apply.unive.it application, an enrolment eligibility letter and Universitaly pre-enrolment. [5] 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, Finance and Sustainability are the same whatever your nationality. Applicants from Pakistan, Bangladesh and Sri Lanka follow the same steps as India: apply.unive.it application, online written test, enrolment eligibility letter 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, Finance and Sustainability are the same whatever your nationality, and Gulf residents follow the same steps: apply.unive.it application, online written test, enrolment eligibility letter 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, Finance and Sustainability 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: apply.unive.it application, online written test, enrolment eligibility letter 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.

Last checked against the university's official pages:
October 8, 2026
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