Quantitative Finance and Insurance

How to apply

A.Y. 2024/25

 

Prerequisites for applying 

The ideal applicant has a true interest and attitude for Quantitative Finance and Insurance studies and has acquired in his/her undergraduate studies an array of quantitative skills and competencies which are necessary in order to satisfactorily engage in QFI program.

Applications are open to anyone holding or being close to obtaining a Bachelor degree (Laurea Triennale for students in Italian universities) or an equivalent/superior title, whose preceding studies include at least 15% of credits (27 CFU for Italian degrees) in any (one or more than one) of the following areas (disciplinary sectors for Italian degrees): Mathematics (MAT/*), Statistics and Mathematical Methods for Decisions (SECS-S/*), Econometrics (SECS-P/05), Computer Science (INF/01, ING-INF/*). These credits can be cumulated over multiple preceding studies (e.g., a Bachelor and a Master degree) and can include certified additional courses (single exams registered in addition to one's degree).

Applicants not satisfying the above prerequisites, should attend and certify individual courses belonging to one of the specified areas before applying. Applicants not yet holding the undergraduate title by the time of the application must be in a position to receive it not later than the final enrolment deadline (typically by the end of the following December).

 

Evaluation

The admission results are decided by a selection committee and none of its members can individually decide about the admission of any student.

The student is automatically admitted if he/she satisfies all of the following requirements:

1. degree that provides the following minimum requirements:
   1. 18 CFU (ECTS) in Mathematics;
   2. 18 CFU (ECTS) in Economics or Econometrics or Investments or Capital Markets or Corporate Finance or Accounting or Management;
   3. 12 CFU (ECTS) in Statistics;
2. final graduation mark equal or above 105/110 (9.54/10);
3. average grade of exams in Mathematics not lower than 27/30 (9/10);
4. average grade of exams in Statistics not lower than 27/30 (9/10);
5. average grade of exams in Economics (Microeconomics, Macroeconomics and Econometrics only) not lower than 27/30 (9/10);
6. certificate of English knowledge equal or above B2 (Common European Standards).

Students who do not satisfy all the above requirements can be interviewed for admission.
The purpose of the interview is to assess whether the applicant masters the tools and knowledge included in QFI Reference Background file, with particular emphasis on mathematics and statistics and whether he/she is motivated to pursue the master course. Applicants who do not show up at the interview will not be admitted. Interviews can be done online.

 

Applications

International students

Students of any citizenship holding a foreign degree can apply through the Apply@Unito platform. The online application is subject to the payment of fee that cannot be waived under any circumstance and cannot be refunded. Evaluations of the applications is done in several installments, see below:

• Applications must be submitted through Apply@Unito: between Nov 22, 2023, and Jan 31, 2024 (open to any international student) or between Aug 21 and Sep 4, 2024 (open only to EU citizens, non-EU legally resident and Italians with foreign qualifications).
• Expected feedback on the applications: 
  • Around the beginning of February 2024, for applications completed not later than Dec 31, 2023
  • Around mid-March 2024, for applications completed not later than Jan 26, 2024
  • Around the end of April 2024, for applications completed not later than Feb 6, 2024
  • Around the beginning of October 2024 for applications received between Aug 21 and Sep 4, 2024.

 

Scholarships for international students: please see here.

 

Domestic students 

Students of any citizenship holding or about to obtain a degree from an Italian university (typically a Laurea Triennale) can apply for admission according to the following time windows:

• Round 1
  • Application dates: from April 15, 2024 to June 01, 2024 (h23.59).
  • Feedback on the applications: expected around July 1.
• Round 2
  • Application dates: from June 1, 2024 to August 15, 2024 (h23.59).
  • Feedback on the applications: expected around September 10.

Note in addition that

• chances of admission (either through the test or with the exemption) do not differ between different rounds;
• individual communications are done to the email address provided during the application.

Domestic students applications can be done following carefully these instructions.

 

Further enquiries

If you haven't found on this or other pages the answer to your question, you can enquire to qfi-admissions@unito.it.

 

After being admitted

The student who is admitted can enrol in the period September-December following the University procedure and deadlines.

Enrolment Dates and Procedures can be found at:

• Enrolment procedure (in English);
• Immatricolazione corsi ad accesso libero (in Italian, but more complete).

Enrolment fees can be found on the UniTo website Tuition and Fees page, when published.

 

Official courses and crash courses

Classes start around mid-September (exact date to be announced)

Before the official courses start, there are two intensive crash courses on Mathematics and Probability in the first two weeks of September. Attending the two crash courses is not formally compulsory, but is highly recommended. Details about the crash courses will be communicated in due time through individual emails to the admitted students.