When is the application deadline for the a.y. 2020/2021?
Because of the difficulties experienced by applicants due to the coronavirus outbreak, the deadline for submission of applications has been extended:
10 August 2020: Non-EU applicants
16 August 2020: Italian and EU applicants; Non-EU applicants who reside in Italy; Foreign applicants holding an Italian degree and a valid residence permit
How do I apply?
Applicants are required to complete the online form and upload the required documents. Then, the suitable candidates will be invited to an interview to assess their preparation.
What application material is required?
Applications must be submitted through the online application form with the following documents:
✓ Copy of valid Passport/ID
✓ Official Transcript of Results
✓ Curriculum Vitae
- Cover Letter
- Reference Letter:
- English Proficiency Certificate
- GRE or GMAT
Is English language certificate required?
If your first language is not English or if the language of instruction of your previous degree is not English, we ask you to provide evidence of your command of English at the interview.
Accepted International Certifications not older than 3 years: IELTS (min. score: 6), TOEFL, Cambridge tests. Other certifications may be considered (e.g. CLA certificate, Erasmus certificate).
Is GRE or GMAT score required?
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?
For admission to the MSc in Finance and Banking, candidates must have acquired knowledge of mathematics, economics and statistics at the first-cycle graduate level (Economics, Business, Mathematics, Statistics, Engineering or Physics, or similar subjects).
Other backgrounds may also be acceptable, according to the student preparation in quantitative subjects and on motivation to attend to the course.
The Suitable candidates will be invited to an interview to assess their preparation.
What advice do you have for writing the statement of purpose?
The Statement of Purpose or Cover Letter should demonstrate your critical thinking skills, your plans and you should clearly indicate why are you interested in attending our Program.
Are there 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.
When and how are applicants notified about admission decisions?
The Admission Board will communicate the result (Admitted/Rejected) by e-mail two weeks after the interview.
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.
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 full time two-year program (4 semesters).
At what times will classes be offered?
Classes will be offered during the day and evening. Consult the Timetable.
Is the Program offered in an on-campus or distance format?
The program is offered on-campus. (*)
(*) Online learning will be the official teaching method for the first semester of the 2020/2021 academic year.
Is possible to attend the Program from the second semester?
No, it is not possible. All students must attend the program starting from the First Semester (September).
Costs of living in Rome
The cost of living in Italy varies a lot geographically even the costs of living in the state capital is usually higher than in other towns. The other factors affecting the costs are the place where the apartment is (downtown or surroundings) and the facilities (close by the underground or markets or supermarkets, mall, etc.). For example, an average student’s apartment in Rome would cost around € 300-500 per room per month depending on the place, facilities, renovations, etc. plus bills. In CampusX a single room in a double room apartment costs about € 550 per month fees included.
The spending budget of a student is composed of five main elements: Rent & bills, Food, Study material/books, University fees and Nights out. Therefore, what you should expect to spend in Rome in those sectors is:
- Rent: € 300-500 for a room in an apartment of 3
- Bills (like gas, electricity, heating): approx. € 30-70 per month/student
- Food: if you cook you save by buying in the supermarket € 40-50 euro per week
- University fees: will be dealt with separately here: about € 200-400 per month (paid in two/three installments each year)
- Nights out: is something that varies from person to person, but Friday and Saturday are generally nights out and a shot of strong drinks costs around € 5-10, a pint of beer costs around € 5-7, a bottle of wine in a pub/bar (to share with friends) € 15-20.
Therefore, we can conclude that your spending will be between € 600-900 per month, which is what the students actually spend here, according their lifestyle.
When you plan your stay, take into account that during the first months you will be spending X 2-3 times more because you’ll need to leave a security deposit for the apartment (which is usually 2-3 months’ rent), to buy some basic things for the apartment (especially if you choose one without any furniture) and on “newcomer expenses” because it will take you some time to find the less expensive supermarket etc.
Be sure that you have money for around 12-18 months when you come, even if you plan to work or get the scholarship, in order to have some security zone economically.
Pre-enrollment and enrollment
I received the Acceptance Letter. What should I do now?
All admitted applicants, once they have received the Acceptance Letter, must send an email to the Finance&Banking Admissions Office to communicate their decision to confirm (or forego) enrollment in our program.
I am Italian, I have been admitted but I do not have obtained yet the Bachelor degree (Laurea Triennale). What should I do now?
Admitted students who have not yet earned a Bachelor Degree (Laurea Triennale) are allowed to attend classes starting in September if they graduate by the autumn session; immediately following graduation, they must enroll in our program by the enrollment deadline (18 December 2020).
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.