University of Pisa


University of Pisa

University of Pisa

University of Pisa
The Dipartimento di Economia e Management of the University of Pisa researches in the fields of economics, statistics, applied mathematics and management, with a staff of about 100 researchers and professors. It focuses on business, organization, accounting, economic growth and inequality, corporate social responsibility, survey statistics, econometrics, public economics. The department serves about 6000 students, both undergraduate and graduate, coming from every regions of Italy as well as other European Countries and the rest of the world. It has an International Relations Office, managing hundreds exchange students and several exchange opportunities.
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The Master in Risk Management is an international, full time, master course organized by the Dipartimento di Economia e Management in the University of Pisa (, in collaboration with some prominent Italian and international financial institutions, banks and pension funds. 

Mission: build and train professional figures for joining international business or financial institutions, pension funds and insurance companies as risk managers.

Please visit our website for more information: 

The Master of Science in Economics is a two year master programme which provides students with an advanced training in Economics supported by the complemntary quantitative and statistical tools. It offers two curricula: General Economics and Official Statistics. The curriculum in Official Statistics has been recently awarded by the European Commission with the label EMOS (European Master in Official Statistics).

This two-year degree is designed for students aiming at knowledge intensive careers in dynamic firms and corporations, consultancies and public organizations. It offers a solid foundation for those willing to pursue an academic career in the field of economics or other professional activities characterized by a strong research content.

The Faculty of the program has attained an outstanding international reputation for research excellence in many areas of economics. The Master degree (Laurea Magistrale) is jointly awarded by University of Pisa and Sant’Anna School of Advanced Studies.

Please visit our website for more information:






Programme Info

Name of the School: University of Pisa – Department of Economics and Management
Name of programme Master in Risk Management (60 CFU).
Campus: Pisa, Italy
Starting Date: November each year
Length of Course: Full Time MSc: 11 months (from November to the end of September; classes from November to April; internship and thesis writing from May to September; thesis discussion October).
Application Deadlines: End of September
Internships: Strongly encouraged

List of modules (35 hours each):

  1. Risk Management, Governance and Internal Control
  2. Informatics tools for Risk management
  3. Stochastic process and applications in Risk Management
  4. Finance and derivatives 
  5. Micro and Macro Economics for finance and insurance 
  6. Econometrics for Financial Markets 
  7. Economics and Risk management in Pension Funds 
  8. Credit Risk and Liquidity Risk
  9. Insurance risk: evaluation and management
  10. Risk evaluation and reporting in IAS/IFSR 
  11. Risk Project: Evaluation and Management 


Student Body

Average number of nationalities per year: 6 
Percentage of international students: 90%
Age Range: 21 - 35
Each enrolled student is allowed to use University of Pisa facilities

"This year we are having students from Brasil, India, Barbados, Pakistan, Germany, China, Turkey and Great Britain".


University degree: yes
Prior educational background: Bachelor degree essential
Two references
Languages proficiency: fluent in English (TOEFL, Cambridge, IELTS reccomended but not essential).
Years of work experience: Not essential


Application and Tuition fee: EUR 8000
No dorms available

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