Study location	Italy, Turin
Type	POSTGRADUATE DEGREE, full-time
Nominal duration	2 years. For each year of enrollment, students may choose between full-time or part-time status. Tuition fees vary accordingly. (120 ECTS)
Study language	English

Tuition fee	€2,800 per year For the academic year 2024/2025 the tuition fees ranged from 156€ to 2.800€ per year, depending on the student’s financial situation. For more information on the tuition fees for the a.y. 2025/2026, please refer to the dedicated webpage on our University portal. At the same page you’ll also be able to verify if you are eligible for a fee reduction or exemption.
Application fee	€60 one-time The application fee has to be paid within the deadline of each call. The amount of the application fee is the same whether you decide to apply for one or two degree programmes. This amount is not refundable.

Entry qualification

First cycle diploma (BA, Undergraduate diploma) You must hold a first-cycle degree (i.e. bachelor’s degree) gained after at least 3 years of University education. You will also need to meet specific admission requirements and demonstrate a suitable academic preparation and a solid background certified by at least 15% of credits in any (one or more than one) of the following areas: Mathematics, Statistics and Mathematical Methods for Decisions, Econometrics, Computer Science. We will consider all the applicants who satisfy at least one of the following criteria: i) first-cycle degree issued from an Institution in the top 12.5% of the RePEc ranking of the Economics departments ii) final grade greater or equal to 9.5/10 of the highest possible grade (for example, 105/110 for an Italian degree) Quantitative Finance and Insurance website The entry qualification documents are accepted in the following languages: English / French / Italian / Spanish. If the document is issued in a different language from those listed above, you will have to upload both the original document and its certified translation.

Territory requirements	This degree program has 50 available places for non-European applicants residing abroad.

Language requirements	English Your knowledge of the English language (at least B2 level) will be verified during the admission interview.

Other requirements	A motivation letter must be added to your application.

Overview

The Master Program in Quantitative Finance and Insurance is designed for excellent students, eager to get a preparation highly specialized, with the use of advanced mathematical statistical models.
The course fits to the current convergence of the activities of banks and business, financial companies, with the activities of insurance and reinsurance and social security systems. These organizations deal with issues related to each other, which are studied implementing tools, techniques and models quite similar when not substantially identical.

The program provides excellent knowledge of methodologies and logical tools, mathematical statistical and probabilistic, foundations and skills in computer data processing, applying them to: finance, financial intermediation, insurance, retirement planning, risk identification and management, analysis of financial markets, legal aspects of financial and insurance markets, pursuing the integration of different disciplines complementary each other.

The variety of subject areas integrated into a single design will also allow ready adaptation to different and evolving contexts. Some students spent a semester of study abroad, in Seoul, Louvain, Moscow and other prestigious universities.