Master in Quantitative Finance at University of Bologna
Two-year English-taught finance master in Bologna that applies advanced mathematical and statistical methods to modelling global financial markets, with open access and a double degree option.
Master
2 years
Bologna
English
University of Bologna
Quantitative Finance is a two-year, 120 ECTS master's degree (class LM-16 R, Finance) taught entirely in English at the University of Bologna. It applies advanced mathematical and statistical methods to financial market modelling. Tuition follows family income, up to €3,060 a year for 2026/27, with zero euro tuition for eligible students.
Entry requirements
- A bachelor's degree, or a foreign qualification that gives access to master's study, meeting the curricular requirements in the admission notice.
- English proficiency as the notice specifies; the degree is taught entirely in English.
- Open access: no cap on places, with personal preparation assessed as the notice sets out.
- An application on Studenti Online and, for non-EU applicants living abroad, Universitaly pre-enrolment after admission.
- At enrolment, your translated degree certificate and transcript with a Diploma Supplement, CIMEA statement, declaration of value or legalisation.
About the programme
Quantitative Finance is a two-year laurea magistrale in class LM-16 R, Finance, run by the Department of Statistical Sciences "Paolo Fortunati" (STAT) in Bologna. It is worth 120 ECTS, is delivered entirely in English and has open access, with no fixed number of places. Alberto Lanconelli is the degree programme director.
Its heading is "Quantitative analysis for modern finance". The degree applies advanced mathematical and statistical methods to understand and manage the complexity of global financial markets. It suits graduates with a strong quantitative background who want to work on the modelling side of finance.
What you will study
According to the university, the programme gives graduates specific technical and quantitative know-how applied to financial market modelling. Mathematics and statistics are the tools; global financial markets are the object of study. The course units for each year, with credits, teaching periods and exam dates, are published in the course structure diagram on the degree website. Check the 2027/28 diagram before you apply, since units can change between intakes.
How the programme is taught
Quantitative Finance is one of the university's international programmes and offers a double or multiple degree option, in which selected students also earn a degree from a partner university; the degree website explains the partners and the selection. For 2026/27 the university announced that the first three weeks of international courses would be held in mixed mode, to accommodate students whose residence permits were delayed.
Career paths
The degree's focus on financial market modelling prepares graduates for quantitative roles where mathematical and statistical methods are used to understand and manage financial markets. Graduates can also continue to a PhD. The university's job placement service and the degree website publish internships, job offers and careers events.
Fees and scholarships
Quantitative Finance is in the university's higher fee band: for 2026/27 the maximum income-based contribution is €3,060 a year, on top of the fixed €157.04. With a family ISEE of €27,000 or less you pay only the fixed part, which means zero euro tuition for eligible students. Income from abroad is declared through ER.GO, the regional body that also awards scholarships. Non-OECD citizens with income only abroad, from countries like India for example, can opt for a reduced flat fee of €1,200 plus €157.04.
How to apply from outside the EU
Check the Quantitative Finance admission notice on the degree website for the windows, the curricular requirements and the English level; the 2027/28 notice was not yet out in September 2026. You apply on Studenti Online, and with open access there is no cap on places.
Once admitted, submit the Universitaly pre-enrolment. The university validates it, and only then can you apply for a study visa, with proof of means of €10,179.85 for 2026. Enrolment and the first instalment follow, and your translated degree documents must come with a Diploma Supplement, CIMEA statement or declaration of value.
How ApplyAZ helps
If this programme fits your goals, ApplyAZ can include it in a shortlist of 20 to 30 English-taught programmes at Italian public universities. We write your CV and a tailored statement of purpose, submit your applications and Universitaly pre-enrolment, file your DSU scholarship application and prepare your visa file, with a named person on each stage. The university decides admission, the region decides the scholarship and the consulate decides the visa. See how ApplyAZ works or check your eligibility.
Questions and answers
Is the Master in Quantitative Finance taught in English?
Yes. Quantitative Finance is delivered entirely in English in Bologna by the Department of Statistical Sciences. The admission notice sets the English level you must prove.
What does the programme focus on?
Advanced mathematical and statistical methods for understanding and managing the complexity of global financial markets. The university says graduates gain technical and quantitative know-how applied to financial market modelling.
What if my residence permit is delayed?
For 2026/27 the university announced that the first three weeks of its international courses would run in mixed mode, to accommodate international students still waiting for residence permits.
How much are the fees?
For 2026/27 the income-based contribution can reach €3,060 a year plus the fixed €157.04. A family ISEE up to €27,000 means only €157.04; non-OECD citizens with income only abroad can pay €1,200 plus €157.04.
Is there a double degree?
Yes. The degree is listed with a double or multiple degree option, through which selected students also earn a degree from a partner university. Details are on the degree website.
Are places limited?
No. Access is open, with no fixed number of places. The admission notice sets the curricular requirements and how your preparation is assessed.
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