Quantitative Finance and Insurance

The final examination requires writing an original dissertation to be presented and discussed in front of an ad hoc Graduation Committee, composed by at least seven faculty.

The Thesis is elaborated by the student under the supervision of a faculty member, written preferably in English on a topic agreed with the supervisor. The preparation of the thesis can be part of an internship under the joint supervision of a faculty member (internal supervisor) and a supervisor of the firm (external supervisor).

The degree thesis consists of an original paper, which requires a few months of exclusive work. The final assessment of the candidate is based upon the following elements: originality of the results, mastering of the subject, mathematical rigour of the thesis and of the presentation, independence shown in carrying out the research, ability of speaking in public and of setting the topic within the appropriate literature. 

Students are encouraged to contact well in advance the teacher they wish to ask for the supervision of their thesis. In order to facilitate the matching students-supervisors there is a Google Form which reports all the thesis supervised by the teachers of QFI. The link to the Google Form is below (access authorized only to QFI students and teachers). All details regarding the choice of the supervisor, as well as when to contact her/him, as well as internal deadlines for the delivery of the thesis draft etc. are in the file Regulation-for-Thesis-QFI below, which all students must read carefully.

Regulation for Thesis QFI

Google Form (access only to QFI students and teachers)

You can find on the UniTO website the front page and all information about the print of the thesis.

Thesis defense

On the day of the final examination, the student illustrates and defends the thesis orally in front of the Graduation Committee. The Committee's questions are usually postponed to the end of the presentation. The time allocated to each candidate's presentation is 15 minutes.

It is also recommended to hand out to the Committee printed copies of the presentation (no specific format required).

Final grade mark: rules until March 2022 Graduation session

The final graduation mark (in 110ths) will take into account both the student's study career and the final discussion of the thesis. The starting value of the final graduation mark is the weighted average of the exam's evaluations (converted in 110ths).

The Graduation Committee can additionally assign a maximum of 8 points for the discussion. It is possible to assign more than 8 points only in the presence of a co-supervisor who must be another faculty member belonging to a different scientific sector of the student’s supervisor. Only in this case, if the quality of the work is considered excellent the maximum is increased to 12 points. The student who has achieved a score of 110/110, with a unanimous vote of the Graduation Committee can be awarded the summa cum laude.

Final grade mark: rules from July 2022 Graduation session onwards

All details regarding the final graduation mark from July 2022 onwards are in the file Regulation-for-Thesis-QFI below, which all students must read carefully. The final graduation mark (in 110ths) will take into account both the student's study career and the final discussion of the thesis. The starting value of the final graduation mark is the weighted average of the exam's evaluations (converted in 110ths). If the student graduates on time, i.e. at the end of the second year of study (“in corso”), in the July/November/March session there is an additional bonus of 5/4/3 points that is added to the starting value.

The Graduation Committee can additionally assign a maximum of 5 points for the discussion. It is possible to assign more than 5 points only in the presence of a co-supervisor who must be another faculty member belonging to a different scientific sector of the student’s supervisor. Only in this case, if the quality of the work is considered excellent the maximum is increased to 7 points. The student who has achieved a score of 110/110, with a unanimous vote of the Graduation Committee can be awarded the summa cum laude.

Regulation for Thesis QFI

The student needs to log into her/his MyUnito account with the student credentials and follow the instructions to submit the application.  Please consult the general instructions for the submission on the Unito website. 

See tab  Thesis submission deadlines for further details.

The University has activated the "Tesi online" service which allows you to quickly and easily deliver your thesis online.

You can access the service and consult all the information useful to upload the thesis through the dedicated section on the University Portal.

The submission deadlines (in Italian)

Autumn graduation session (November 2024) and Extraordinary session (March 2025) a.y. 2023-2024 – Early session (March 2025) a.y. 2024-2025

Starting from the Autumn session planned in November 2024, the graduation application procedure will change.

The new procedure will be active and available on MyUniTO starting from July 26th, 2024.

See the step-by-step guide for applying.

Below are the consecutive steps of the new procedure that students will have to take in order to apply for the graduation session.

Step 1: Title submission

• Log in to MyUnito
• Click on "Enrollment"/"Iscrizioni" > Personal Data": check whether your personal information is correct ( since it will later be reported in the degree parchment) and whether the uploaded ID is valid.
• Click on "Final Examination"/"Prova finale" > "Degree Awarding"/"Conseguimento titolo" : fill in the fields in the "Submit the thesis title"/"Presenta il titolo" section, indicate the type and title of the thesis, the name of the supervisor and other information required. This procedure must be completed by the deadline indicated for the Study Program.

See the Detailed instructions for applying (in Italian)

“Professor’s acceptance”

Once the thesis title has been submitted, the supervisor will receive notification of this request, and only after his or her approval the candidate can proceed to the next step.

Step 2: Filling in the Almalaurea questionnaire and submission of the graduation application

• Log in to MyUnito
• Click on "Final Examination"/"Prova finale" > “Alma Laurea registration”/”Registrazione Alma Laurea”: register on the Almalaurea portal and fill out the end-of-course
• Click on "Final Examination"/"Prova finale" > "Degree Awarding"/"Conseguimento titolo": submit the graduation application within the deadline specified for the Study Program and pay the graduation fee.

See the Calendar of the deadlines (in Italian)

Step 3: Thesis upload

• Log in to MyUnito
• Click on "Final Examination"/"Prova finale" > "Degree Awarding"/"Conseguimento titolo": upload the thesis within the deadline indicated for the Study Program
• “Deadline cannot be extended, see calendar”

See the Calendar of the deadlines (in Italian)

“Professor’s approval”

Once the thesis has been uploaded, the supervisor will receive a notification and will then proceed to approve or reject the material uploaded by the candidate:

1. in case of approval the procedure is completed,
2. in case of rejection, the candidate will have to make the required corrections and re-upload the corrected thesis within the deadline