Overview
Admissions
Structure
Learning Experience
Careers
FAQ
University of Naples Federico II
Online Master’s DegreeAccredited Master’s degree
Earn your fully accredited online Master’s degree by the University of Naples Federico II
Finish in 12 months
Complete 60 credit hours organized in 3 terms and 12 courses
4.500 € Total tuition
Payable in 2 installments.
Financial support available.
100% online
Work compatible schedule with lecture videos, hands-on projects, and connection with instructors and peers
OVERVIEW
The online Master’s degree in Economics and Finance (MEF) provides students with theoretical knowledge in economics and finance. Furthermore, it equips them with the tools for data analysis and model simulation employed both in the industry and in academia.
This program offers a diverse range of graduate-level courses encompassing finance, microeconomics, macroeconomics, mathematics, and econometrics. Elective courses are categorized into three distinct tracks: Financial Markets, Economic Policy, and Macroeconomics.
The fully online format provides the flexibility to balance your studies with your work commitments, fostering connections with instructors and peers from the convenience of your chosen location.
Drawing on 30 years of expertise in delivering an on-campus master’s program in Economics and Finance at the Department of Economics and Statistics, of the University of Naples Federico II, our online program promises a rich and enriching educational experience.
Embark on your journey to enhance your expertise in economics and finance by submitting your Application.
ADMISSION
Submit your application
by November 30, 2023
1. Application
30 November 2023
Submit your application to the Master’s program by attaching all required documentation through the online form.
2. Final Enrollment
20 December 2023
Once your application has been accepted, finalize your enrollment in the UNINA Master’s Degree by paying the first installment.
3. Start Date
18 January 2024
Start your fully online learning experience .
What you’ll learn
- Understand the theoretical foundations of microeconomics, macroeconomics and finance.
- Learn the empirical methodologies and tools needed to create, manage and analyze large databases.
- Understand the theoretical foundations on which asset valuation and the role of liquidity in financial markets are based.
- Identify a company’s financial needs and strategies.
- Acquire the skills and analytical tools to invest in different asset classes and trade with derivative securities.
- Learn the main models of development economics and labor economics.
- Gain theoretical and applied knowledge of methodologies for public policy analysis.
- Learn the theoretical foundations for studying the decisions of economic agents in different market structures.
- Obtain the skills needed to analyze competition policies, the operation of auction mechanisms and the effects of information asymmetries.
WHY MEF?
+ Nearly 30 years of experience
The online master’s degree builds on nearly 30 years of experience in teaching the on-campus master’s program in Economics and Finance at the Department of Economics and Statistics (DiSES) of the University of Naples Federico II, which is recognized as one of the Italian Centers of Excellence, ranking 5th among Italian research institutions in economics and within the top 200 research institutions worldwide according to the IDEAS RePEc service.
+ Hands-on approach
Specifically, it allows students to:
- Identify company’s financial needs and strategies;
- Operate in the stock, bond, and derivatives markets;
- Analyze policies for economic development and government interventions in the labor market;
- Design regulatory policies and auction mechanisms.
+ Course customization
The master’s courses cover finance, microeconomics, macroeconomics, mathematics and econometrics. Elective courses are organized in three tracks: Financial Markets, Economic Policy and Macroeconomics.
+ Career opportunities
With the knowledge and skills acquired in our master program, students will have access to a range of career paths, from the financial industry to public and international bodies, and the academic world.
- Professional Career: many of our former students work in leading public institutions (European Central Bank, Bank of Italy, European Commission, Eurostat), in leading companies in the finance sector (Unicredit, Deutsche Bank, HSBC, Kpgm, Deloitte, Ernest & Young, Pioneer Investments, Moody’s), and in prestigious universities (MIT Sloan, Harvard Business School)
- Career in research: a good number of our former students have been admitted to prestigious PhD programs in economics or finance both in the United States (MIT, Harvard, Princeton, Yale, Northwestern, Berkeley) and in Europe (London School of Economics, Oxford, University College London, Toulouse, Mannheim, Pompeu Fabra).
Fees and Financial Support
The registration fee for the Master amounts to €4.500 (plus € 140 for regional taxes and € 16 for stamp duty) payable in 2 installments.
The Department of Economics and Statistics (DISES) offers scholarships for eligible admissions of up to €4.500.
REQUIREMENTS
Check minimum access requirements and application materials
Bachelor’s Degree
You must have earned a bachelor’s degree from an Italian University or an equivalent degree from an accredited institution in a foreign country.
Required application materials:
- Curriculum Vitae;
- Reference letter by a professor from the applicant’s university;
- Official transcript of his/her undergraduate degree, displaying the overall grade (if applicable), the list of exams taken and their grades;
- Certificate of good working knowledge of written and spoken English (TOEFL, First Cambridge
- Certificate, Proficiency in English, IELTS or equivalent).
If students have not yet obtained a language certification they can attach a personal letter stating they are able to follow a master course taught exclusively in English and they would be willing to be contacted for an interview.
ADMISSIONS
Important dates & deadlines
Submit your application by November 30, 2023
Application
30 November 2023
Submit your application to the Master’s program by attaching all required documentation through the online form.
Final Enrollment
20 December 2023
Once your application has been accepted, finalize your enrollment in the UNINA Master’s Degree by paying the first installment.
Start Date
18 January 2024
After enrollment you will receive a welcome kit to start your fully online learning experience.
COURSE STRUCTURE
I TERM
- Mathematical Methods for economics – 4 CFU
- Intermediate Econometrics – 4 CFU
- Microeconomics I – 3 CFU
- Game theory I – 3 CFU
- Asset Pricing I – 3 CFU
II TERM
- Microeconometrics – 4 CFU
- Market microstructure – 4 CFU
- Microeconomics II – 3 CFU
- Game theory II – 3 CFU
- Asset Pricing II – 3 CFU
III TERM
- Macroeconomics I – 3 CFU
- Macroeconomics II – 3 CFU
Students must select one
of this courses:
Financial Markets – 6 CFU
- Derivatives
- Financial Intermediation
Economic Policy – 6 CFU
- Labor Economics
- Development economics
Advanced Macroeconomics – 6 CFU
- Heterogenous Agents Models in Macroeconomics
- Time Series Econometrics
The Master’s program also includes group learning activities (9 CFU) and a final dissertation (5 CFU).
Meet your instructors

Saverio Simonelli
Professor of Economics and Master Coordinator, University of Naples Federico II

Luca Anderlini
Professor of Economics, Georgetown University and University of Naples Federico II

Tullio Jappelli
Professor of Economics, University of Naples Federico II

Marco Pagano
Professor of Finance, University of Naples Federico II

Marco Pagnozzi
Professor of Economics, University of Naples Federico II

Giovanni Walter Puopolo
Professor of Economics, University of Naples Federico II

Pietro Coretto
Associate Professor of Statistics, University of Salerno

Giuliano Curatola
Associate Professor of Economics, University of Siena

Tommaso Oliviero
Associate Professor of Economics, University of Naples Federico II

Lorenzo Pandolfi
Senior Assistant Professor of Economics, University of Naples Federico II

Annalisa Scognamiglio
Associate Professor of Economics, University of Naples Federico II

Ettore Panetti
Senior Assistant Professor of Finance, University of Naples Federico II

Riccardo Cioffi
Assistant Professor of Economics at the Paris School of Economics

Monica Langella
Assistant Professor of Economics, University of Naples Federico II

Mattea Stein
Assistant Professor of Economics, University of Naples Federico II

Matteo Bizzarri
Research Fellow of Economics, University of Naples Federico II

Francisco Queirós
Research Fellow of Economics, University of Naples Federico II

Luca Coraggio
Research Fellow of Economics, University of Naples Federico II

Michele Giannola
Research Fellow of Economics, University of Naples Federico II
LEARNING EXPERIENCE
This program is delivered as a fully online Master’s degree, on Federica Web Learning platform, the University Center for innovation, experimentation and dissemination of multimedia teaching of the University of Naples Federico II.
Federica uses a variety of learning features to provide high quality degree learning experiences, including video lectures, readings, discussions forums, practical exercises and problem sets.
Final exams and live classroom sessions are also delivered through the Federica platform, providing students with a centralized, flexible, and engaging learning experience that ensures a high quality online learning environment.

Virtual Learning Environment
Asynchronous video lessons and readings

Live Sessions
Active class participation

Hands-on
Individual and group work

Case studies
Articles and case study reviews

Assessments
MCQs, online quizzes and problem sets

Final Dissertation
A short essay on one of the topics covered by the program

Networking
Build a professional network with fellow students and faculty

Placement
Benefit from professional career management services
CAREER OPPORTUNITIES
The Master in Economics and Finance provides students with both theoretical knowledge and practical skill to pursue a professional and academic career in economics and finance.
vuota
+ Financial industry
Corporations, consulting firms, banks, investment funds, pension funds, hedge funds, insurance companies, rating companies. Many of our former students work in leading companies in the financial sector like Unicredit, Deutsche Bank, HSBC, KPMG, Deloitte, Ernst & Young, Pioneer Investments, Moody’s.
+ Public and international bodies
Antitrust authorities, central banks, stock exchanges, supervisory bodies on banks and securities markets, international organizations. Some of our alumni are currently working in leading public institutions in Europe like the European Central Bank, Bank of Italy, European Commission and Eurostat.
+ Academia
Research opportunities are also available for those who wish to pursue an academic career. Many of our former students have been admitted to prestigious PhD programs in economics or finance both in the United States (MIT, Harvard, Princeton, Yale, Northwestern, Berkeley) and in Europe (London School of Economics, Oxford, University College London, Toulouse, Mannheim, Pompeu Fabra).
Learners Stories
I am Associate Professor in Mathematics for Economics and Finance at the University of Naples Parthenope where I teach Risk Theory, Mathematical Finance and Optimization. My research interests are in Game Theory, Decision Theory and Probability Theory. Recent research focuses on the effects of imprecise probabilities in noncooperative games.
After a B.A. in Economics and Mathematics at the Boston University, I continued my studiy in Naples attending the XV MEF. Then, I worked at the Management Consulting Department of KPMG Croatia for 4 years. Actually I am Project Manager at Hrvatski Telecom, Business Development and Innovation Centre.
I am an economist at the Bank of Italy. My personal experience in the MEF XVI Edition was really positive. I had the opportunity to face increasing challenges day by day and to acquire a set of theoretical and technical skills, constituting a fundamental ingredient in my store of knowledge. But MEF is not all about studying and taking exams, it gaves me the chance to make friends in a multicultural envronment with people sharing my same interests.
FAQ
+ Is the Master’s degree entirely online?
This Master’s is 100% online, no class or exam in person is required.
+ Is the Masters’ degree accredited?
Yes, MEF is an accredited Master’s degree of the University of Naples Federico II.
+ How do I Apply?
You will need to send the application form. Once selected, you will need to further complete your online application. More information will be provided at the application evaluation stage.
+ What background knowledge is necessary?
You must have earned a bachelor’s degree from an Italian University or an equivalent degree from an accredited institution in a foreign country. For further details see the requirements section.
+ What are the English Proficiency requirements?
All candidates must have a certificate of good working knowledge of written and spoken English (TOEFL, First Cambridge Certificate, Proficiency in English, IELTS or equivalent). If students have not yet obtained a language certification they can attach a personal letter stating they are able to follow a master course taught exclusively in English and they would be willing to be contacted for an interview.
+ Are there any additional requirements for international students?
No
+ When does teaching start?
On the 18th of January 2024
+ How many hours do I need to study a week?
You can learn at your own pace in a flexible and fully online format. The work for each week may take approximately ten to fifteen hours per week depending on your knowledge and skills.
+ What if I miss a live session?
If you are unable to attend the live sessions, you can find the recordings on the platform.
+ Are there any online office hours with instructors?
Yes, there will be regular office hours.
+ Will I have access to University networking?
Online students have access to the alumni network
Need more information?
If you have questions about the application process or eligibility, please contact our admissions team at mef@unina.it or fill the following form
About the University


University of Naples Federico II
Founded in 1224, the University of Naples Federico II is the oldest lay university in Europe. The Federico II is one of the largest public universities in Italy, with 161 degree programs, 26 departments, 40 research centers, 37 doctoral programs, more than 2,500 faculty and more than 80,000 enrolled students.
DISES
The Department of Economics and Statistics (DISES) at the University of Naples Federico II has a long tradition in training students interested in pursuing a career in academics, policy institutions and the financial industry.
DISES was nominated center of excellence in 2018 and hosts the Center for Studies in Economics and Finance (CSEF), ranked seventh among Italian research institutes in Economics and in the top 200 research institutes in the world according to the IDEAS portal/ RePEc.
The Department currently offers a BA and a MA in Economics, a BA and MA in Finance, a MSc in Economics and Finance (MEF) and a PhD in Economics. Both the MEF and the PhD programs are entirely English-taught. Faculty members work on all major areas of microeconomics, macroeconomics, finance, statistics and mathematical economics.