F.A.Q.

PROGRAM STRUCTURE

WHERE CAN I FIND THE PROGRAM CURRICULUM?


The sample program curriculum is available here.


HOW LONG IS THE PROGRAM ?


The MSc in Finance and Banking is a two-year full-time program (4 semesters).


AT WHAT TIMES CLASSES BE OFFERED?


Classes will be offered during the day and evening.


IS THE PROGRAM OFFERED IN AN ON-CAMPUS OR DISTANCE FORMAT?


The program is offered on-campus.

APPLICATION

WHEN IS THE APPLICATION DEADLINE?


For a.y. 2017/2018 the application deadline is:

  • EU and Italian applicants: 31 August, 2017
  • Non-EU applicants: 1 June, 2017

HOW DO I APPLY?


Applicants are required to complete the on-line form and upload the required documents.


WHAT APPLICATION MATERIAL IS REQUIRED?


Applications for admission must be submitted on-line along with the following documents:

1. Student Transcripts (in Italian or in English): these should include all undergraduate exams and marks, as well as any postgraduate programme. Undergraduate GPA and transcripts are an indication of previous academic performance. If you are not yet graduated, indicate in the online application form the missing exams and the expected date of graduation.

2. Curriculum Vitae (any format, in English): the Admission Board will verify the information in the CV and evaluate applicants' overall profile, experience and knowledge.

3. Personal statement/Motivational Letter (in English): not mandatory but strongly suggested. 

4. Reference letter from one referee (Professor or former Employer): once the contact details of the referee are inserted, the system will automatically send out a request to the referee to upload the reference letter. The referee should follow the instructions in the automated reply;

5. English language knowledge: candidates have to present one of the following certificates not older than 3 years:

  • International English language Testing System (IELTS) – minimum score 6.0
  • First Certificate (FCE) -  University of Cambridge ESOL Exam.
  • Business English Certificate (BEC) - vantage level - University of Cambridge ESOL Exam
  • Test of English as a Foreign Language (TOEFL): IBT (Internet Based Test) minimum score 65; PBT (Paper Based Test) minimum score 513; CBT (Computer Based Test) minimum score 183
  • Trinity College of London - Integrated Skills Examinations – ISE II

*No English proficiency certificates are required from students who are citizens of countries where English is one of the official languages and/or from students who have been awarded a degree from institutions where the programme has been taught in English.

*Applicants who do not own an English certificate can still apply. The Admission Board will evaluate their CVs and transcripts of records and, if the evaluation is positive, applicants will be contacted for a Skype interview in order to assess their knowledge of English.

6. GRE or GMAT are recommended, but not strictly required.

For more information on application procedures please visit: http://economia.uniroma2.it/master-science/financeandbanking/admission-application/ 


IS ENGLISH LANGUAGE CERTIFICATE REQUIRED FOR ENTRY INTO THE PROGRAM?


YES, the English language certificate is required. 

(*) No English proficiency certificates are required from students who are citizens of countries where English is one of the official languages and/or from students who have been awarded a degree from institutions where the programme has been taught in English.

(*) Applicants who do not own an English certificate can still apply. The Admission Board will evaluate their CVs and transcripts of records and, if the evaluation is positive, applicants will be contacted for a Skype interview in order to assess their knowledge of English.


IS GRE OR GMAT SCORE REQUIRED FOR ENTRY INTO THE PROGRAM?


No standardized test scores are compulsory required. However, applicants may choose to submit GRE or GMAT scores to supplement their application.


IS THIS PROGRAM MEANT FOR STUDENTS WITH UNDERGRADUATE STUDIES IN ECONOMICS?


Italian applicants must have a three-year undergraduate degree by 31st December 2017 (according to the new University Regulation) or a postgraduate degree (vecchio ordinamento – prior to D.M. 509/99). Preferences will be given to students with a degree in Economics, Business, Mathematics, Physics, Statistics, and Engineering, but other background will be also taken into consideration, mostly basing on the student’s motivation.
International applicants must have a three-year undergraduate degree. Preferences will be given to students with a degree in Economics, Business, Mathematics, Physics, Statistics, and Engineering, but other background will be also taken into consideration, mostly basing on the student’s motivation.


ARE PREREQUISITE COURSES REQUIRED? 


No, there are no prerequisite courses required for this program.

 


WHAT ADVICE DO YOU HAVE FOR WRITING THE STATEMENT OF PURPOSE? 


The Statement of Purpose response should demonstrate your critical thinking skills. Your response about your future plans should clearly indicate how you will leverage this program to build on prior experience and further your future professional goals.


ARE THE REQUIREMENTS FOR WHO SHOULD WRITE THE REFERENCE LETTER?


The reference letter can be from someone who taught you at university, from a current or previous employer or someone else who knows you well in a professional/academic capacity. There is not a standard format.


WILL I BE NOTIFIED OF ANY MISSING APPLICATION MATERIALS?


You are responsible for ensuring that your application is submitted with all the required components. All applicants will apply online and may access an online checklist to determine which materials have been received in support of the application.


WHEN AND HOW ARE APPLICANTS NOTIFIES ABOUT ADMISSION DECISIONS?


Within 30 days after submission of a complete application package applicants will be informed by e-mail of the decision regarding admission.


CAN I APPLY IF I HAVE NOT COMPLETED MY UNDERGRADUATE DEGREE? 


Yes, you can submit your application prior to the conferral of your degree. We will accept and evaluate your dossier. Please indicate in the online application form the missing exams and the expected date of graduation.


WHAT WEIGHTING DO YOU PLACE ON THE VARIOUS DIFFERENT SELECTION CRITERIA? 


The Admission Board will look at your academic record, personal statement and motivation, references, your CV, GMAT/GRE test score as a whole and will make a careful, balanced judgment based on all these criteria.

PRE-ENROLMENT AND ENROLMENT

I RECEIVED THE ACCEPTANCE LETTER. WHAT SHOULD I DO NOW?


Once having received the acceptance letter students are able to enroll to the program with an online procedure between September and November, connecting to Delphi. Click here for further information.

If you graduated in a non-EU University you should first follow the pre-enrolment procedure.

International students can enroll only having obtained their Italian Fiscal Code (Codice Fiscale) at the Agenzia delle Entrate. They should personally go to the International Students Office of the University of Rome Tor Vergata and  submit following documents:

  • Bachelor degree or equivalent first level degree translated into Italian by an official translator, authenticated by the authorities of the country where it was obtained
  • Declaration of Value of the qualification
  • Certificate listing the exams passed, translated and legalized (translation is not required for transcripts originally produced in English) or the “Diploma Supplement”
  • Copy of the passport
  • Copy of the Italian Fiscal Code
  • Three passport photos (and 1more passport photo authenticated by the Italian Embassy for the non-EU students resident abroad)
  • Two copies of residence permit or receipt confirming the permit request ONLY FOR non-EU students resident abroad
  • Pre-enrollment application form issued by the Italian Embassy of your country, ONLY FOR non-EU students resident abroad

I AM ITALIAN, I HAVE BEEN ADMITTED BUT I DO NOT HAVE OBTAINED YET THE BACHELOR DEGREE (LAUREA TRIENNALE). WHAT SHOULD I DO NOW? 


Italian Students who have not yet obtained the bachelor degree (Laurea Triennale) can attend classes starting in September, if the bachelor degree is obtained by the deadline for the enrollment. Once obtained the degree, students are able to enroll to the program with an online procedure connecting to http://delphi.uniroma2.it


CAN I DEFER MY ACCEPTANCE UNTIL NEXT YEAR OR LATER?


It is not possible to defer the acceptance. If you wish to delay your studies for a year or more, you will need to resubmit the application again.

TUITION

HOW MUCH IS THE TUITION FOR THE MSC IN FINANCE AND BANKING? 


Tuition fees for the a.y. 2017/2018 are based on the student’s family income and fee amounts vary depending on the ISEEU (or Scheda Raccolta Dati for international students) subimitted at any CAF Office, according to the student’s family income.

Visit our website for further information: http://economia.uniroma2.it/master-science/financeandbanking/tuition-fees/


I AM INTERNATIONAL STUDENT. HOW CAN I CERTIFY MY FAMILY INCOME?


To certify the family income you have to follow the procedure below:

  • Obtain your Family Income Declaration in your own Country: this should include: 
  1. Composition of your family
  2. Family income in 2015
  3. Real estate assets of your family 
  • Bring your family income statement to the Italian Embassy in your home Country and let them approve and translate it into Italian;
  • Once in Italy, go to Agenzia delle Entrate to obtain the Italian FISCAL CODE
  • Finally, you should go to any CAF Office to obtain the "Scheda Raccolta Dati": please find in here the list of documents to submit to the CAF.

All the first-year students have to present the Scheda Scheda Raccolta Dati and all the documents submitted to the CAF to the International Students Office (Via Orazio Raimondo 18 – Central Administration, Rettorato) within the 15th December 2017.

All the students enrolling to the subsequent year have to present the Scheda Scheda Raccolta Dati and all the documents submitted to the CAF to the Students' Administrative Office of the School of Economics (via Columbia, 2 - Building B, Ground Floor) within the 15th December 2017.

Choosing not to state your family income, you will have to pay the maximum range for fees: for the students coming from low-income economies or lower-middle-income economies the 80% of the maximum rate of their class of taxation (Ordinary, Higher or Maximum); for all the other international students the 100% of the maximum rate of their class of taxation (Ordinary, Higher or Maximum).

NOTE: Also students who have applied for Laziodisu, have to submit the "Scheda Raccolta Dati" within the 15th of December 2017 because in case of exclusion or revocation of the Laziodisu scholarship the University taxes will be calculated on the basis of the family income.

NOTE: Students need to present their "Scheda Raccolta Dati" certificate within the 15th of December, 2017 even if they have deferred the enrolment because in case they will not graduate by the last graduation session (March 2018), the University fees will be calculated according to the "Scheda Raccolta Dati" certificate.


I AM ITALIAN STUDENT. HOW CAN I CERTIFY MY FAMILY INCOME?


For obtaining the ISEEU, italian students must fill in the "Dichiarazione sostitutiva unica" (DSU) that contains information about the family composition and income and wealth of each component of the family. It must be completed and submitted to any CAF Office or to the INPS (also via the INPS online portal).

Italian Students (or students whose family has its own income in Italy) must to do the ISEEU within December 15, 2017 at any CAF and then authorize the Delphi system to acquire the ISEEU value, by inserting the Protocollo number (available in your ISEEU document).


HOW CAN I PAY TUITION FEES?


You should go to a Unicredit bank to pay cash, or pay online at the following link: https://online-retail.unicredit.it/ibx/web/public/universityTaxes.jsp

SCHOLARSHIPS AND FINANCIAL AID

ARE THERE SCHOLARSHIPS AVAILABLE FOR STUDENTS?


Every year we offer awards to our best first year students and to our best graduates.
Furthermore we support students with application for scholarships from Lazio region, Italian government, foundations, and other sources.
Visit the dedicated section for further information: http://economia.uniroma2.it/master-science/financeandbanking/scholarship/


WHO CAN APPLY FOR LAZIODISU SCHOLARSHIP?


International students as well as Italian students, can apply for scholarships and accommodation at student welfare service ‐ Laziodisu. The amount of the scholarship depends on your student status, and usually the maximum amount is around 5,000 Euro.
Student must respect the following income and wealth limits, exceeding any one of these values is motive for exclusion from the competition.

  • ISEE (Equivalent Economic Situation Indicator): € 23 000, 00
  • ISPE (Equivalent Wealth Situation Indicator): € 50 000, 00

Second year students have to satisfy also a requisite of merit. The requisites of merit are based on the total credits/examinations acquired from the date of registration to 10 August 2018. To apply for the scholarship the second-year student must have acquired 30 credits during the first year.
First year student, regularly registered for the  2017/2018  academic year,  will be valuated ex post.

Laziodisu Application Guide 2017/18


WHICH ARE THE BENEFIT OF LAZIODISU SCHOLARSHIP?


Laziodisu provides a study grant to the winners of the competition. The maximum amounts are established as follow:
The maximum amounts are established as follows:

  • € 1,929.22 for “local” students;
  • € 2,821.67 for “commuter” students;
  • € 5,118.36 for “non-local” students.

To  reduce  the  inconvenience  of  being  distant  from  the  University,   Laziodisu assigns,  for  a  period  not  exceeding eleven months, lodgings in its structures. Only “non-local students” may apply for lodgings.
€ 500 will be deducted from the scholarship as the cost of the service from winners of lodging places.


WHEN CAN I APPLY FOR LAZIODISU SCHOLARSHIP?


Online applications are open from May 8th until July 28th 2017.
The winners of the scholarship are announced during the first semester; hence, you will have to pay in advance your stay in Italy.


WHICH DOCUMENTS DO I NEED TO APPLY FOR LAZIODISU SCHOLARSHIP? (ONLY NON-EU STUDENTS)


In order to apply for the scholarship, you will have to prepare the following documents:

  • Certificate declaring the composition of your family unit in 2016;
  • Documents declaring the gross income earned by each member of your family unit during 2015 (the maximum income for the family necessary to get the scholarship was the equivalent to € 23 000). If you are not able to provide the documentation regarding the income of 2013 you can declare the income earned by each member of your family unit during 2016.
  • Certificate declaring the family property on 31 of December 2016, specifying the area in square meters of each house/apartment, or if they are on loan, or the place is rented.

All these documents should be presented to the competent Italian Authorities in your country to be signed and stamped.
Bring the original with you to Rome. This document is an ESSENTIAL part of the application for benefits as it attests your family income. Hence, it is important that you prepare this document before you arrive in Rome.

 


DO I HAVE TO PAY BACK THE SCHOLARSHIP? 


In order to receive the whole scholarship first year students must obtain 20 credits by 10 August 2018.
Those acquiring  20  credits  after  10  August  2018,  and  before  30  November  2018,  will  only receive half of the overall sum of the study grant (1st instalment).
The study grants and other benefits are subject to revocation if the student fails to achieve 20 credits by 30 November 2018.  In this case, the student will have to pay back the scholarship
Second year students will have to pay back the scholarship only if they have made a false statement in order to get the scholarship.