There are many scholarship opportunities for students in Rome, and students who apply for scholarships abroad will be pleased to know that the Italian public universities' low tuition fees and the many forms of scholarships and financial aid help students to achieve their academic objectives and transform the idea of studying abroad into a reality. When students choose to study in Italy or to study in Rome, they are likely to discover a world of opportunities that they might not have access to in their home country. Below, students will find a list of scholarships, prizes and financial aid opportunities for students enrolling in the Master of Science degree in European Economy and Business Law.

Need-based Scholarships and Financial Aid


Lazio Region Scholarships are offered through LazioDiSCo with annual financial aid opportunities for foreign and Italian students. In order to facilitate deserving students without sufficient financial resources, the Lazio Region provides scholarships to all students who wish to enrol at universities and who intend to achieve, for the first time, a bachelor degree, master of science degree, or who plan to enrol in a Ph.D programme.

INPS Scholarships

INPS Scholarships provide financial support for Italian students during the course of their studies. Every year, INPS scholarships are awarded to winners who receive partial reimbursement for expenses incurred while in school. The competition is open to students whose parents work/worked for the Italian public administration. The award is given based on merit as well as the ISEE indicator for financial need. The Institute awards scholarships through two annual calls for applications: generally issued between the last quarter of the year and the first quarter of the following year. The scholarships are available for education at a post-secondary level, university, postgraduate studies and professional training.

Other Scholarship and Award Opportunities

EEBL Education Funding Scholarship

EEBL has a new scholarship available for regularly enrolled first or second-year students who intend to partake in paid educational or training activities at a prestigious institution, university or company. The call for applications and application form can be found here. Students are invited to read the call carefully to make sure they meet the selection criteria before applying. The winners will be awarded the scholarship upon successful completion of the educational or training activity. 31 May 2019 application deadline.

MAECI 2019 Scholarships

Farnesina MAECI Scholarships in favor of foreign citizens not residing in Italy and Italian citizens living abroad are offered for the following type of degree programmes: Master’s Degree (Laurea Magistrale 2° ciclo), Courses of Higher Education in Arts, Music, and Dance (AFAM), PhD programmes, Research under academic supervision (Progetti in co-tutela), Italian Language and Culture Courses. Applications are now open for the 2019/2020 academic year. The Ministry of Foreign Affairs and International Cooperation (MAECI) offers grants in order to foster international cultural, scientific and technological cooperation, to promote Italian language and culture and to support Italy’s economic system in the world. The grants are only available to attend academic courses in Italy. 30 May 2019 Application deadline.

Torno Subito

Torno Subito is an education and training programme promoted by the Regional Department for Training, Research, Schools and University.  Laziodisu implements the scholarship as the Organisation for the Right to University Education in Lazio. The programme aims to sustain the improvement of the human capital of young people by encouraging the following: mobility in Europe and internationally; comparison and personal growth through relevant, first-hand experiences in their field of interest; an increase in formal and informal skills through a learning-by-doing approach. Skill acquisistion is encouraged by sustaining higher education through study and work experience pathways and, at the same time, by creating opportunities for the development of professional networks, both in Italy and abroad. Skills and experience in the region are promoted by increasing the opportunities for qualified employment in response to the requirements of the region’s economy for a smart, sustainable and inclusive growth. The grant aims to reduce the gap between the supply and demand of work by allowing young people to build career paths suited to their growth and specialisation requirements in specific professional areas. 21 June 2019 application deadline.

Bracken Bower Prize

The Financial Times and McKinsey & Company, as organisers of the Business Book of the Year Award, want to encourage young authors to tackle emerging business themes, by unearthing new talent within the industry. The Bracken Bower Prize of £15,000 will be awarded to the best proposal for a book about challenges and opportunities of growth. Participants who under 35 on 30 November 2018 can propose an original idea for a book which provides a compelling and enjoyable insight into future trends in business, economics, finance or management. Prize information and details are available for EEBL students interested in submitting an entry and having the opportunity to showcase their work in front of a group of esteemed judges. 30 September 2019 application deadline.

UniCredit Masterscholarship program competition

The UniCredit Masterscholarship program competition is now open for the 2019/2020 academic year. The competition, aimed at students from any of the 14 countries in which UniCredit operates, awards eight 1-year scholarships for Master programmes in economics or finance at among the most prestigious universities in Europe. The universities involved in the program for academic year 2019/2020 are:  Università Bocconi di Milano - Master in Economic and Social Sciences or in Finance;  Barcelona Graduate School of Economics - Master of Science in Economics or Finance; Toulouse School of Economics - Master 2 Doctoral Path Scholarship; Stockholm School of Economics MSc in Business and Economics; London School of Economics - MRes in Economics; Oxford University - MPhil in Economics; Mannheim University - Master in Economics; SciencesPo - Master in Economics. The scholarships cover all documented tuition fees as well as the cost of living for 1 year of the Master course (either first or second year Master). In order to apply for the scholarship, students must apply to the different master programs following the online admission procedure indicated by each school. The top admitted students will be automatically selected by the school as candidates for our scholarships (one winner each university).

PhD. Scholarship Opportunities

PhD Programme in Global Studies

The University of Urbino, Italy the call for applications for its PhD Programme in Global Studies. The upcoming 2019-2020 edition focuses on the following thematic area: International Economic Policy, Business and Governance. Specific attention will be given to: economic growth, technological change and inequality across and within countries; the international strategies of firms (multinational corporations and SMEs), finance and labour; political processes and policies of European and international institutions and nation states for the governance of globalisation. Eight positions are offered in the 2019-2020 Ph.D. Programme, including seven positions with scholarships covering fees and an annual tax-free stipend at standard Italian rates (EUR 15,300 per year, subject to National Social Insurance in compliance with current regulations; the amount is increased by 50% for training periods outside Italy). Low cost accommodation opportunities at student residences located in the beautiful Renaissance city of Urbino. University facilities for students include meal services, computer services, libraries, city-wide wifi connection, fully equipped office for PhD students while in Urbino, cultural opportunities and events for exploring the rich heritage of the area. The  website http://www.uniurb.it/global-studies  offers more detailed information on the 2019/20 edition of the Programme (which will focus on economic and socio-political aspects of globalisation), as well as an anticipation of the contents of the 2020/21 edition (which will focus on sociological and legal aspects of globalisation). Application deadline: 10 June 2019 (at 12:00 CEST).

University of Trento

The University of Trento is now calling for applications from qualified candidates for PhD Scholarships in a PhD programme in Economics and Management and in a PhD programme in Development Economics and Local Systems– a joint PhD programme with the University of Florence organized in two curricula: Development Economics and Economics of Local Systems. All programmes are full-time and will be taught in English by members of the university’s international faculty. No tuition fees are charged and the scholarships are adequate to cover living expenses in Trento. Application deadline is in May.

American Association of University Women

The American Association of University Women awards International Fellowships to provide support for women pursuing full-time graduate or postdoctoral study in the U.S. who are not U.S. citizens or permanent residents. A limited number of awards are available for study outside of the U.S. (excluding the applicant’s home country) to women who are members of Graduate Women International (see the list of GWI affiliates). Preference is given to women who show prior commitment to the advancement of women and girls through civic, community, or professional work. Up to five International Fellowships for master’s/first professional degrees will be renewable for a second year; fellows will receive application information for this competitive program during their fellowship year. Applications open 1 August and close on 15 November each year

UniCredit Marco Fanno PhD Scholarships

The Marco Fanno scholarship is aimed at students in economics, banking sciences or finance enrolled in any Italian university wishing to enroll in a research doctorate program abroad. The scholarship is annual and renewable for a second year. The total amount of the grant amounts to € 65,000 (before taxes) and includes any tuition fees. The application deadline is in November each year. Competition details for the most recent announcement can be found here

Gates Cambridge Scholarships

The Gates Cambridge Scholarships are one of the most prestigious international scholarships in the world. Scholarships are awarded to outstanding applicants from countries outside the UK to pursue a full-time postgraduate degree in any subject available at the University of Cambridge. A Gates Cambridge Scholarship covers the full cost of studying at Cambridge including tuition fees, maintenance allowance, travel costs, etc. It also provides additional, discretionary funding such as academic development funding, family allowance, fieldwork, etc. Applications open in autumn each year. The application deadline for round one will be announced shortly. 

Aga Khan Foundation

The Aga Khan Foundation provides a limited number of scholarships each year for postgraduate studies to outstanding students from select developing countries who have no other means of financing their studies, in order to develop effective scholars and leaders and to prepare them for employment, primarily within the AKDN. Scholarships are awarded on a 50% grant: 50% loan basis through a competitive application process once a year in June or July. The Foundation gives priority to requests for Master's level courses but is willing to consider applications for PhD programmes, only in the case of outstanding students who are highly recommended for doctoral studies by their professors and who need a PhD for the fulfilment of their career objectives (academic or research oriented). March application deadline each year.

UniCredit US Ph.D. Scholarships

UniCredit US Ph.D. Scholarships are available and allow three students to attend a Ph.D. programme in economics or finance in the United States during the 2019/20 academic year. The competition is addressed to graduates from any of the 14 countries of UniCredit perimeter, (Italy, Germany, Austria, Bosnia and Herzegovina, Bulgaria, Croatia, Czech Republic, Hungary, Romania, Russia, Serbia, Slovakia, Slovenia and Turkey) and the competition is aimed at graduates who would like to attend a Ph.D. programme in economics or finance at one of the five most prestigious universities in the United States: 1) University of Chicago Booth School of Business; 2) Harvard University Department of Economics; 3) MIT Department of Economics;4) Princeton University Department of Economics; 5) Stanford University Department of Economics. The scholarships are annual and renewable for a second year. Each scholarship amounts to €65,000 (or equivalent) gross of taxes for the entire 2-year period and includes university tuition fees (if any), travel expenses and health insurance. To apply, candidates must follow the online admission procedures to the Ph.D. courses as described in the universities websites. Each university will then send a short-list of their top admitted candidates to the foundation and the scientific committee of the foundation will select the winners.

Asian Development Bank/Japan Scholarship Program

The Asian Development Bank/Japan Scholarship Program (JSP) offers about 150 postgraduate scholarships a year for studies in economics, management, science and technology, and other development-related fields at participating academic institutions. The scholarship provides full tuition fees, a monthly allowance for expenses, housing, books and instructional materials, medical insurance and travel. For scholars engaged in research, a special grant may be available for thesis preparation. In special circumstances, computer literacy, preparatory language and other similar courses may be covered under the scholarship. Application deadlines are only those for application into the chosen PhD programme, as each university will send eligible candidates' names directly to the scholarship programme office for consideration.

Fulbright - Self Placed All Disciplines

Fulbright - Self Placed All Disciplines offers Italian graduates the opportunity to earn a master’s degree or a Ph.D., at US universities each year. The competition is open to graduates who have already applied for admission to American campuses to pursue their master’s degree or Ph.D. degree. Fulbright - Self Placed will finance the first academic year only.  Fulbright - Law Self Placed offers Italian graduates the opportunity to earn a master’s degree or a Ph.D. in law at American universities. The competition is open to graduates who have applied for admission to American campuses to pursue their master’s degree or Ph.D. degree.

Thesis Awards

Research Awards and Fellowships


ALDA offers an annual scholarship in memory of its Honorary President, Gianfranco Martini. The call for application is open to university students and researchers proposing a study work or project dealing with the topics of local democracy, engagement of civil society and/or interethnic dialogue. The aim is to receive high-quality academic research and analysis for ALDA’s fields of activity in order to develop further strategies on these topics. The applications are selected on the following criteria: originality and innovation of the proposal; timeliness and relevance of the research; clear definition and formulation of the research project’s objectives and how it will be implemented; relevance for ALDA’s work regarding local democracy, civil society engagement and interethnic dialogue; research that builds a link between theory and practice. Deadline is March each year.

Chevening Scholarships and Fellowships

Chevening is the UK Government’s international awards scheme aimed at developing global leaders. Funded by the Foreign and Commonwealth Office (FCO) and partner organisations, Chevening offers two types of award – Chevening Scholarships and Chevening Fellowships – the recipients of which are personally selected by British embassies and high commissions throughout the world. Chevening Scholarships are an important element of Britain’s public diplomacy effort and bring professionals, who have already displayed outstanding leadership talents, to study in the UK. The objective of Chevening is to support foreign policy priorities and achieve FCO objectives by creating lasting positive relationships with future leaders, influencers, and decision-makers. Applications are open from August to December each year.

Belgrade Young Economists Prize

The Belgrade Young Economists Prize aims to reward the best paper presented by young researchers among those accepted for the fourth Belgrade Young Economists Conference. The winning paper will receive €1,500.  The prize is awarded at the annual Belgrade Young Economists Conference, organised in co-operation with the Faculty of Economics of the University of Belgrade. The conference is held at the Faculty of Economics, University of Belgrade in June each year.