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Master in Economics
#4b4b4b
Master
duration
2 years
location
Siena
English
University of Siena
gross-tution-fee
€0 Tuition with ApplyAZ
Average Gross Tuition
program-duration
2 years
Program Duration
fees
€40 App Fee
Average Application Fee

University of Siena

Choosing where to study shapes your skills and your future network. If you want to study in Italy in English within a respected public university, the University of Siena (Università degli Studi di Siena) stands out. It offers a growing range of English-taught programs in Italy and follows the fair-fee model used by public Italian universities. With planning, the DSU grant and scholarships for international students in Italy can make costs manageable and, for eligible students, align with routes often called tuition-free universities Italy.

A historic leader among public Italian universities

Founded in the Middle Ages, the University of Siena is one of Europe’s long-standing centres of learning. Across centuries it has renewed its teaching and research while keeping strong roots in the humanities, social sciences, and the life sciences. Today, it combines tradition with modern labs, digital services, and international classrooms.

Reputation grows from outcomes. Siena’s academics publish widely, coordinate European projects, and collaborate with industry and public bodies. Graduates progress to skilled roles across Italy and abroad, and many continue to doctoral study. The university’s identity is clear: rigorous teaching, applied research, and a student-friendly scale.

Key departments and areas of strength

  • Life sciences and medicine: biology, biotechnology, pharmacology, public health, and vaccine-related research.
  • Business and economics: finance, management, accounting, behavioural economics, and entrepreneurship.
  • Law and political sciences: European law, human rights, international relations, and public policy.
  • Humanities and languages: literature, linguistics, history, philosophy, and cultural heritage.
  • Mathematics and computer science: data analysis, AI fundamentals, software engineering, and cybersecurity basics.
  • Chemistry and materials: analytical chemistry, polymers, sustainable processes, and industrial collaborations.
  • Environmental and earth sciences: ecology, sustainability, and climate-related studies.

You will find compact classes, accessible professors, and a campus culture that values clear writing and real-world application. Courses emphasise project work, seminars, and lab practice so you leave with evidence of what you can do.

Why Siena stands out among English-taught programs in Italy

International students want degrees that travel well. Siena’s English-medium curriculum uses the European Credit Transfer and Accumulation System (ECTS), which supports mobility and credit recognition. Teaching is direct and practical: you learn the core theory and then apply it in case studies, labs, and short research tasks.

What to expect in class

  • Assessments and supervision in English for selected degrees and modules.
  • Mixed cohorts that build cross-cultural teamwork.
  • Clear rubrics and scheduled feedback points.
  • A balance of lectures, tutorials, and hands-on tasks.

Studying in English does not isolate you. Language courses and student groups help you grow Italian step by step. This bilingual experience is a real asset for internships and jobs in Italy and the wider EU.

Siena, a student city built for focus and culture

Siena is a compact, historic city with a strong student presence. Its size helps you settle quickly and keep a steady routine for study, part-time work, and wellbeing. You can cross the centre on foot and reach campus areas and libraries without long commutes.

Student life and affordability

  • Living costs are generally lower than in Italy’s largest hubs.
  • Shared flats and student residences spread across well-connected districts.
  • Food culture is excellent and affordable; markets and cafés make daily life social and simple.

Climate

  • Mild winters and warm summers support year-round outdoor life.
  • Spring and autumn are ideal for walking, cycling, and weekend trips.

Public transport

  • Local buses link neighbourhoods, campus areas, and train stations.
  • Regional trains connect Siena with major Italian cities for events, interviews, and conferences.

Culture and community

  • Museums, music, theatre, and community events run through the year.
  • Student associations create networks across degrees and nationalities.
  • Safe streets and a walkable centre make late study sessions and group work practical.

Job and internship opportunities: where you can grow

Siena’s economy blends knowledge work, finance, life sciences, culture, and tourism. International students benefit from the university’s partnerships and the region’s innovation culture. You can match your field to local strengths and build a portfolio while you study.

Key industries and employers

  • Life sciences and biotech: vaccine research and biomedical ventures provide lab placements, data roles, and regulatory projects.
  • Banking and finance: established financial institutions and service firms offer internships in risk, compliance, communications, and analytics.
  • Cultural heritage and tourism: museums, galleries, and cultural organisations welcome students in communication, languages, and management.
  • Agri-food and wine: quality production and export operations open roles in supply chain, marketing, and sustainability.
  • ICT and digital services: software houses and digital agencies need developers, UX writers, and data-savvy graduates.
  • Public administration and NGOs: policy, social projects, and EU-funded initiatives create research and coordination internships.

How international students benefit

  • A mid-sized city makes it easier to meet mentors and secure supervised projects.
  • University career services share postings and coordinate placements with departments.
  • Labs support thesis work tied to company challenges, giving you a measurable result to show employers.

Linking your field of study to Siena’s economy

Your degree becomes more valuable when it connects to local practice. Here is how different paths align with opportunities:

  • Biotechnology and life sciences: look for internships in vaccine development, diagnostics, or quality assurance. Thesis projects may study stability data, assay validation, or bioinformatics pipelines.
  • Economics and management: banking and SME consulting demand strong analytics and communication. You can build dashboards, write short memos for decision-makers, and practise risk-aware planning.
  • Law and political sciences: European law, privacy, and compliance link to public bodies and regulated firms. Projects might convert legal rules into plain-language guides for teams.
  • Humanities and languages: cultural organisations need translators, editors, and curators. You can design exhibitions, write catalogues, and plan community events.
  • Computer science and data: software and analytics roles appear across sectors. Build a portfolio with clean code, reproducible notebooks, and a one-page readme for each project.
  • Chemistry and materials: labs and industry partners focus on analysis, formulation, and sustainable processes—useful for graduates who want R&D roles in Italy or abroad.

How the university teaches: clear goals, hands-on learning

Siena’s approach values clarity and practice. You will often work in teams, present results briefly, and receive feedback that you can use immediately. Professors encourage you to keep records of decisions, assumptions, and limits—habits that employers trust.

Typical assessment mix

  • Problem sets with unit checks and short explanations.
  • Lab reports with figures, uncertainty, and next steps.
  • Short presentations and viva-style discussions.
  • A thesis or capstone that answers a focused question and produces a reusable output.

Student support

  • Office hours and mentoring from faculty and doctoral students.
  • Language courses for non-native speakers.
  • Workshops on academic writing and research methods.

Why Siena is a smart base for research

A strong research culture helps you learn faster. At Siena, research groups welcome motivated students for short assistantships and thesis work. You can gain early lab experience, help with data collection or analysis, and contribute to papers or posters.

Benefits for your CV

  • Evidence of teamwork and deadlines met.
  • Tangible outputs such as a figure, dataset, or prototype.
  • References that carry weight for jobs or PhD applications.

Living well: routines that protect your grades and budget

Good habits make study easier. Plan early and keep life simple so you can focus on learning.

Practical tips

  • Start housing searches early; choose a location with a short commute.
  • Use student transport passes and plan errands to reduce costs.
  • Build a weekly rhythm: set goals on Sunday, check progress mid-week, and review on Friday.
  • Keep a small emergency fund for exam fees, equipment, or travel.
  • Join a club or study group to stay motivated and make friends.

English-taught programs in Italy: how Siena structures degrees

English-medium degrees at Siena follow the ECTS model. A typical bachelor’s uses 180 ECTS over three years; a typical master’s uses 120 ECTS over two years. Credits cover lectures, seminars, labs, internships, and a thesis. Modules define outcomes clearly so you know how to prepare and how you will be assessed.

Common course features

  • Rubrics that explain grading standards.
  • Portfolios with curated work samples.
  • Opportunities for mobility under European schemes.
  • Options to combine coursework with supervised internships.

This structure supports students who aim to move between Italy and other European countries for work or further study.

Funding your study: DSU grant and scholarships for international students in Italy

Because Siena belongs to public Italian universities, fees are income-based and paid in instalments. International students can apply for support that reduces costs and protects time for study and internships.

DSU grant (Diritto allo Studio Universitario)

  • Depending on eligibility, the DSU grant may include a tuition reduction or waiver, a cash scholarship, and services that lower everyday costs.
  • Applications require family income documents and identity papers; some may need translation or legalisation (official recognition).
  • Deadlines are strict; organise documents early and track renewal rules.

Scholarships for international students in Italy

  • Merit awards for high grades or impactful projects.
  • Mobility support to help with relocation.
  • Departmental awards tied to fields such as life sciences, economics, or digital studies.
  • Paid student roles in labs and libraries under clear rules.

With good planning, some students align with routes often called tuition-free universities Italy. Even without a full waiver, combining DSU support and scholarships keeps costs predictable and leaves more time for learning.

Transport, housing, and daily services: what to plan

Transport

  • Local buses cover key areas; walking and cycling are popular for short trips.
  • Intercity trains link Siena with other university and industry hubs for interviews and events.

Housing

  • Students mix between residences and shared apartments.
  • Early applications help you secure a well-located room and a fair rent.

Daily services

  • Libraries, reading rooms, and labs stay active through term.
  • Student canteens and cafés make healthy routines easier.
  • Medical support and counselling services are available; ask early if you need help.

Building a portfolio employers trust

A small, honest portfolio is the best proof of skill. Aim for four to six items that you can explain in five minutes.

Examples by field

  • Life sciences: a lab report with clear figures, methods, and limits.
  • Economics/management: a dashboard linked to a decision and a short memo.
  • Law/policy: a two-page brief that translates rules for a team.
  • Humanities/languages: a short catalogue or translation with an editorial note.
  • Computer science/data: a reproducible notebook with a readme and one clean visual.
  • Chemistry/materials: an analysis report with units, calibration, and uncertainty.

Each item should end with a “what to do next” suggestion. Employers value judgement, not just tools.

Career guidance and employer links

Career services connect students with internships and entry-level roles. Departments share postings and invite practitioners to speak in class. You can also join student associations that run case competitions, hackathons, and cultural projects—useful for testing your interests and meeting mentors.

What employers want to see

  • Clear communication in English and, over time, practical Italian.
  • Evidence of teamwork and responsibility.
  • Respect for ethics, privacy, and accessibility.
  • A plan for growth: what you want to learn next and why.

A simple application timeline

  • Months 1–2: Research
    Shortlist degrees where you can study in English; compare entry rules and course content.
  • Months 2–3: Documents
    Collect transcripts, translations, and language certificates if required.
  • Months 3–4: Applications
    Submit university forms and funding applications; track each deadline.
  • Months 4–6: Decisions
    Compare offers, support packages, and course fit.
  • Months 6–7: Arrival prep
    Book housing and travel; set up a budget; plan your first two weeks on campus.

Starting early leaves time to fix missing items and reduces stress before exams.

Why the Siena combination works

The University of Siena offers serious teaching in a setting that supports focus and community. You gain the structure of public Italian universities, the option to study in English, and access to funding routes such as the DSU grant and scholarships for international students in Italy. The city’s scale makes everyday life simple, while nearby industries provide internships and topics for your thesis.

If you value clear teaching, applied research, and a friendly student environment, this university-city combination is a strong fit.

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.

Economics (LM-56) at University of Siena

If you want to study in Italy in English and build a strong economics profile, the LM-56 master’s at University of Siena (Università degli Studi di Siena) is a clear, rigorous path. It sits within English-taught programs in Italy and follows the fair-fee model typical of public Italian universities. With planning, the DSU grant and scholarships for international students in Italy can reduce costs and, for eligible students, align with routes often described as tuition-free universities Italy.

Economics is a decision science. This degree teaches you to turn data and theory into clear answers. You learn to think in models, test those models with evidence, and explain results in simple, careful English. You practise habits that employers trust: define the question, choose the right method, show the limits, and state the next step.

Why choose LM-56 Economics when you study in Italy in English

The programme focuses on four pillars: microeconomics, macroeconomics, econometrics, and policy analysis. Teaching is in English and uses practical assessment. You read modern research, work with real datasets, and present short memos that decision-makers can use.

You learn to reason from first principles and then check those principles with data. The goal is not just high grades. The goal is judgement—knowing which tool fits which problem, how to explain trade-offs, and how to act with limited information.

What sets this LM-56 apart

  • Clarity of method
    You begin with core models and the logic behind them. Then you test them with sensible, documented assumptions.
  • Hands-on econometrics
    You work with clean, labelled data. You choose a method for a reason, not because a package is available.
  • Communication training
    You write short, direct notes with a number, a risk, and a decision. You define terms and keep figures readable.
  • Ethics and transparency
    You report uncertainty, avoid over-claiming, and keep a clear audit trail of steps and code.

How English-taught programs in Italy shape LM-56 Economics

English-taught programs in Italy are designed with the European Credit Transfer and Accumulation System (ECTS). A standard LM-56 master’s totals 120 ECTS over two years. Credits cover lectures, seminars, labs, internships, and the thesis.

What this structure means for you

  • Predictable workload with contact hours and study targets set per module.
  • Consistent rubrics that explain how each task will be graded.
  • Portfolio-building tasks like policy briefs, data notebooks, and presentations.
  • Mobility options if you plan an exchange within Europe.

The programme’s teaching rhythm supports steady progress. You meet deadlines in small steps, with feedback you can use right away.

Curriculum overview: build theory, test with data, and write clearly

Core economics

  • Microeconomics
    Choice, markets, and welfare. You learn how incentives shape behaviour and how policies change those incentives.
  • Macroeconomics
    Growth, cycles, inflation, and unemployment. You study models that help central banks and finance ministries decide.
  • Econometrics
    Identification, estimation, and inference. You practise with cross-section, time series, and panel data.
  • Mathematics for economists
    Optimisation and dynamic methods explained with intuition and simple proofs.

Applied analysis and policy

  • Industrial organisation
    Market power, entry, pricing, and platforms. You analyse cases with data and basic models.
  • Public economics
    Tax design, transfers, public goods, and externalities. You test fairness and efficiency side by side.
  • Labour economics
    Wages, skills, migration, and inequality. You build models that can be checked with real surveys.
  • International economics
    Trade, comparative advantage, global value chains, and simple open-economy macro.
  • Monetary and financial economics
    Money, credit, and risk. You read policy reports and replicate core results.
  • Development and sustainability
    Poverty, institutions, and climate-related policies. You learn how to measure impact cleanly.

Research methods and data skills

  • Causal inference
    Matching, differences-in-differences, instrumental variables, and event studies. You learn when each tool is safe to use.
  • Time-series analysis
    Forecasting with ARIMA, state-space models, and regime switches—with a focus on clear diagnostics.
  • Panel data methods
    Fixed and random effects, clustered errors, and sensible robustness checks.
  • Programming for data
    Clean code, version control, and readable notebooks with a one-page readme.
  • Survey design
    Sampling, questionnaire bias, and weighting explained in plain language.

Professional writing and presentation

  • Policy memos
    One-page notes with a number, an option set, and a risk. No jargon, just decisions.
  • Briefing decks
    One idea per slide. Captions with units and dates. Clear figures, fair comparisons.
  • Academic style
    Abstract, method, results, limits, and references—with clean tables and charts.

Learning by doing: labs, sprints, and studio projects

You will practise in short, focused sprints. Each ends with five parts: goal, method, results, limits, and next steps. You include a “how to reproduce” note so a teammate can repeat your work.

Example labs

  • Demand estimation
    Clean a product-level dataset, fit a simple model, and explain price elasticity in one chart.
  • Policy evaluation
    Use a staggered rollout to estimate impact. State assumptions and test them.
  • Inequality metrics
    Build a dashboard with the Gini, quantile ratios, and a mobility view. Add a short action note.
  • Forecast clinic
    Produce a baseline forecast, then see if a more complex model actually improves decisions.

Studio projects

  • Competition and pricing
    Diagnose market power in a sector. Recommend a remedy and measure trade-offs.
  • Skill and wage growth
    Study training programmes and wage outcomes. State limits and who benefits.
  • Green transition
    Compare policy tools for emissions cuts. Quantify the effect and the cost per unit.
  • Digital platforms
    Examine network effects and algorithmic changes. Show how rules change behaviour.

Skills that travel across roles and countries

  • Model thinking
    Make complex systems simple enough to reason about, but not simpler than that.
  • Data discipline
    Tidy data, clear variable names, and versioned code that someone else can run.
  • Causality sense
    Distinguish correlation from cause in everyday work. State what would change your mind.
  • Communication
    Short, plain English. Define terms once. Keep units on every figure.
  • Judgement
    Pick practical methods that match decisions, not the method that looks clever.

Assessment you can plan for

  • Problem sets with short proofs and applied calculations.
  • Data labs with notebooks and a readme that names every step.
  • Memos and presentations that show a decision, a number, and a risk.
  • Oral exams that check your grasp of cause and effect.
  • Thesis or capstone that answers one focused question and produces a reusable asset.

Markers value explicit assumptions, readable figures, and fair limits.

A study rhythm that protects your grades

  • Sunday: set three measurable goals and book time for each.
  • Mid-week: check progress; cut scope if needed; ask for feedback.
  • Friday: store data, back up code, and write a short “what we learned.”
  • Monthly: refresh your CV and portfolio with one new chart or memo.

Small routines reduce stress and improve your work.

Portfolios that employers trust

A compact, honest portfolio beats a long list of claims. Aim for six pieces you can explain in five minutes each.

Suggested items

  1. Policy memo with a number, a risk, and a next step.
  2. Causal notebook that evaluates a programme with sensible checks.
  3. Forecast baseline with a decision impact, not just an error score.
  4. Market study with an elasticity estimate and a simple remedy.
  5. Inequality dashboard with units, dates, and limits.
  6. Thesis proposal with a precise question, method, milestones, and risks.

Each item needs one figure, one paragraph, and a link to code or a reproducible path (kept private or anonymised when required).

Careers after LM-56: where economics graduates fit

Economists work wherever choices, trade-offs, and uncertainty matter. This degree builds a toolkit that travels across sectors and borders.

Typical roles

  • Economic analyst or policy officer
  • Data or research economist
  • Competition and regulatory analyst
  • Market and pricing analyst
  • Financial or risk analyst
  • Development and impact evaluation associate
  • Sustainability and climate policy analyst
  • Consultant in public or private sector
  • Research assistant or PhD candidate

Sectors that recruit

  • Central banks and public agencies
  • International organisations and NGOs
  • Consulting and advisory firms
  • Technology and platforms
  • Energy, environment, and transport
  • Healthcare and life sciences
  • Finance, insurance, and fintech
  • Education and research institutions

What employers want to see

  • Clear problem statements and tight methods.
  • Evidence that your work changed a decision.
  • Respect for privacy and ethics.
  • Teamwork across data, policy, and operations.

Thesis guidance: pick a question that matters

Your thesis proves your independence and judgement. Choose a question that is small, useful, and answerable with the data you can access.

Good themes

  • Competition and consumer welfare
    Do price caps or transparency rules change outcomes? Show by how much.
  • Skills, jobs, and wages
    Do training vouchers lift earnings? For whom, and at what cost?
  • Climate and energy policy
    Which tool cuts emissions at the lowest cost? Where are the unintended effects?
  • Health economics
    Do prevention programmes save later costs? What is the payback time?
  • Digital markets
    How do platform rule changes affect sellers or users? Measure retention and prices.

Good outputs

  • A one-page executive summary.
  • A main report with figures, methods, and uncertainty.
  • A clean, reproducible notebook.
  • A short note on limits and a fair next step.

Responsible practice: ethics, fairness, and clear claims

Economics influences policy and business. That means careful choices.

  • Transparency
    Keep a record of data sources, changes, and decisions. Be clear about what you cannot see.
  • Privacy
    Use the minimum data you need. Anonymise and store safely.
  • Fairness
    Report effects across groups, not just averages. Note who gains and who might lose.
  • Plain language
    Explain results so non-specialists can act. Avoid jargon where a simple word exists.

These habits make your work credible and useful.

Admissions and preparation

Committees look for readiness in maths, statistics, and writing. You do not need to be an expert in all areas, but you must show discipline and curiosity.

Who should apply

  • Graduates in economics, business, statistics, mathematics, politics, or related fields.
  • Applicants from other disciplines who can show strong motivation and a plan to fill gaps.

Preparation that helps

  • Calculus, linear algebra, and probability.
  • Introductory econometrics with a focus on interpretation.
  • Programming basics for data cleaning and plotting.
  • Clear English writing: short memos and readable figures.

Typical application items

  • Degree certificate and transcripts (with translation if required).
  • CV of one or two pages.
  • Motivation letter tied to the LM-56 focus.
  • Language certificate if requested.

Apply early so you have time to correct missing items and to plan funding forms.

Funding at public Italian universities: DSU grant and scholarships for international students in Italy

Because this LM-56 sits within public Italian universities, fees follow clear, income-based rules and are usually paid in instalments. International learners can apply for support that protects time for study and research.

DSU grant (Diritto allo Studio Universitario)

  • May include a tuition reduction or waiver, a cash scholarship in instalments, and services that reduce daily costs.
  • Requires family income documents and identity papers; some may need translation or legalisation (official recognition).
  • Deadlines are strict—create a checklist and track renewal rules for credits and grades.

Scholarships for international students in Italy

  • Merit awards for strong grades or impactful projects.
  • Mobility support for relocation and initial costs.
  • Departmental prizes linked to economics and data.
  • Paid student roles under clear academic rules.

With planning, some students align with routes often described as tuition-free universities Italy. Even without a full waiver, combining the DSU grant and other scholarships keeps the budget predictable while you focus on learning and your thesis.

Simple funding checklist

  1. List documents and deadlines now.
  2. Prepare translations if required.
  3. Submit early; confirm receipt and keep copies.
  4. Track renewal thresholds for credits and grades.
  5. Archive decisions, payments, and receipts.

Tools and habits that raise your value

  • Version control for code and notes, with clear commit messages.
  • Data dictionaries so every variable has a name, unit, and meaning.
  • Experiment logs that record choices and outcomes.
  • Dashboards with one purpose per page and labels with units and dates.
  • Reproducible environments so results match across machines.

Small habits compound into trust and speed.

Study plan you can follow

Semester 1
Microeconomics, macroeconomics, and econometrics, plus a writing lab. Deliver a policy memo and a tidy notebook.

Semester 2
Public economics, industrial organisation, and data electives. Build a small dashboard and a causal analysis with checks.

Semester 3
International, labour, development, or finance electives. Draft your thesis proposal and run pilot tests.

Semester 4
Thesis execution and defence with clean figures, fair comparisons, and a short “lessons learned.”

Bringing it all together

Economics (LM-56) at University of Siena (Università degli Studi di Siena) gives you a rigorous, practical route into decision-focused work. You study in English, master core theory, and practise with real data. As part of public Italian universities, the programme offers transparent fees and access to the DSU grant and scholarships for international students in Italy. With a steady plan, you can manage costs, build a portfolio that proves your value, and graduate ready to analyse, explain, and act.

Ready for this programme?
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They Began right where you are

Now they’re studying in Italy with €0 tuition and €8000 a year
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