UNIVERSITY OF MILAN · ITALY
Economics and Management (EMA)
Bachelor's · Taught in it
At a glance
36 mo
Duration
6.0
IELTS
—
Tuition / yr
it
Language
Bachelor's
Level
- 180ECTS Credits
- 3Years of Study
- Limited enrolmentAdmission Type
- MilanLocation
- ItalianLanguage of Instruction
- B1 EnglishEnglish Requirement
The Economics and Management (EMA) bachelor's degree program provides students with essential knowledge to understand and operate within key economic areas such as markets, micro and macro dynamics, and economic policy, as well as in management and business administration fields. The curriculum is designed to offer a strong foundation in theoretical knowledge and practical skills, employing methodologies and practices for both quantitative analysis of economic phenomena and understanding qualitative aspects of the economic and business world. The program equips students with a solid base of management, economic, mathematical-statistical, and legal tools. This allows for the development of independent analytical and judgment capabilities. Specific areas of focus include economic and financial decision-making strategies for enterprises, consumers, financial intermediaries, and regulators; the functioning and dynamics of goods, services, financial, and labor markets; income and wealth distribution; macroeconomic dynamics; monetary and economic policy interventions; institutional and regulatory choices; and management issues for European and international companies. The curriculum also emphasizes computational skills for data analysis using software like R and Gretl. Through a combination of lectures, exercises, case studies, and interactive activities, the program aims to foster problem-solving and teamwork skills. Seminars, project work, and soft skills workshops further encourage student autonomy in learning and study organization. The program is structured to build foundational knowledge in the first year, enhance quantitative and economic disciplines in the second, and allow for specialization in either economic/quantitative or business areas in the third year.
Curriculum
The curriculum builds knowledge progressively over three years. The first year establishes foundations in regulatory systems, mathematics, economic principles, market operations, and business management. The second year deepens quantitative, economic, and legal disciplines, with a focus on accounting aspects of business management. The third year consolidates understanding of the institutional and regulatory environment and offers a choice between specializing in economic and quantitative fields or business areas like organization, strategy, marketing, and finance.
- Year 1
- Foundations of the regulatory system
- Mathematics
- Functioning of economic action
- Operation of markets
- Business management
- Year 2
- Enhancement in quantitative, economic, and legal disciplines
- Fundamental topics in business management
- Accounting aspects
- Year 3
- Consolidation of institutional and regulatory environment
- Specialization in Economic and Quantitative fields OR Business area (Organization, Strategy, Marketing, Finance)
Careers
Graduates are prepared for immediate entry into the job market or for further studies at the master's level. The program equips students with skills relevant to both private firms and public institutions, particularly those with a European orientation. Career paths include roles in finance, consulting, management, and analytical positions within various sectors.
- Banking and financial management technician
- Consultant
- Accountant and specialist in management and control
- Technical professions in organization, administration, and financial/business activities
Frequently asked questions
- What are the admission requirements for the Economics and Management program?
- You need an upper secondary school diploma or equivalent, obtained after at least 12 years of schooling. Basic skills in language comprehension, logic, and mathematics are assessed through the TOLC-E admission test. You must also demonstrate a B1 level of English proficiency.
- How is the admission process conducted?
- Admission is based on a score from the TOLC-E online test, which you can take in the Spring or Summer session. The university also verifies your English language proficiency at a B1 level. Enrollment is limited, with specific places reserved for international non-EU candidates.
- What is the language of instruction for this program?
- The language of instruction for the Economics and Management program at the University of Milan is Italian.
- What are the tuition fees for international students?
- Tuition fees for international students are generally higher as they often fall into the highest fee bracket if they are not eligible for an Italian ISEE. Specific amounts are not detailed here but are typically based on household income and economic status.
- How long does the Bachelor's degree in Economics and Management take to complete?
- The Economics and Management program is a 3-year bachelor's degree, requiring 180 ECTS credits for completion.
- What are the career prospects after graduating from this program?
- Graduates can enter the job market immediately or pursue master's degrees. Typical roles include banking and financial management, consulting, accounting, and various technical professions in business administration and finance, particularly with a European focus.
Entry requirements
Upper secondary school diploma or equivalentMust be obtained after at least 12 years of schooling. Basic skills in language comprehension, logic, and mathematics are also required.
Specific testB1 level (CEFR)
Admission is limited to 250 students, with 12 places reserved for international non-EU candidates residing abroad. An online admission test (TOLC-E) is required to assess basic knowledge. The test covers topics detailed in the syllabus. Selection is based on the TOLC-E score. Candidates transferring from other programs or with prior degrees must also take the test and achieve a sufficient score. The admission test has a Spring Session (for final-year secondary school students) and a Summer Session (open to all candidates).
Fees
Tuition (international)Tuition fees vary based on household income and economic status (ISEE). For students without an Italian ISEE, fees are generally higher. Specific amounts for international students are not detailed here, but typically align with higher fee brackets.
Tuition (home)Fees are determined by the student's ISEE (Indicatore della Situazione Economica Equivalente) for Italian residents. A minimum fee applies, with higher fees for those with higher ISEE values.
LivingEstimated living costs in Milan are not provided on the program page.
The University of Milan uses a progressive fee system based on the student's economic situation (ISEE) for Italian students. International students not eligible for an Italian ISEE generally fall into the highest fee bracket. Detailed fee breakdowns are available on the university's official fee pages.
How to apply
1. Prepare for the Admission TestFamiliarize yourself with the syllabus for the TOLC-E (Online Test) provided by CISIA. The test assesses skills in language comprehension, logic, and mathematics.
2. Register for the TOLC-E TestRegister for either the Spring Session (if you are in your final year of secondary school) or the Summer Session (open to all candidates) on the CISIA website.
3. Take the TOLC-E TestComplete the online admission test. Your score on this test will be used for selection.
4. Check English Language ProficiencyEnsure you meet the B1 English language level requirement. This will be verified through a specific test.
5. Submit Application and DocumentsFollow the university's official application procedures for international students. This will likely involve submitting your secondary school diploma, academic transcripts, and proof of English proficiency. Pay attention to any specific deadlines for international applicants.
6. EnrollmentIf selected, complete the enrollment process as instructed by the University of Milan.
Frequently asked questions
What are the admission requirements for the Economics and Management program?
+
You need an upper secondary school diploma or equivalent, obtained after at least 12 years of schooling. Basic skills in language comprehension, logic, and mathematics are assessed through the TOLC-E admission test. You must also demonstrate a B1 level of English proficiency.
How is the admission process conducted?
+
Admission is based on a score from the TOLC-E online test, which you can take in the Spring or Summer session. The university also verifies your English language proficiency at a B1 level. Enrollment is limited, with specific places reserved for international non-EU candidates.
What is the language of instruction for this program?
+
The language of instruction for the Economics and Management program at the University of Milan is Italian.
What are the tuition fees for international students?
+
Tuition fees for international students are generally higher as they often fall into the highest fee bracket if they are not eligible for an Italian ISEE. Specific amounts are not detailed here but are typically based on household income and economic status.
How long does the Bachelor's degree in Economics and Management take to complete?
+
The Economics and Management program is a 3-year bachelor's degree, requiring 180 ECTS credits for completion.
What are the career prospects after graduating from this program?
+
Graduates can enter the job market immediately or pursue master's degrees. Typical roles include banking and financial management, consulting, accounting, and various technical professions in business administration and finance, particularly with a European focus.