Master of Science in Finance (MOSFI)

Luiss offers a unique opportunity for students who want to acquire a deep understanding of the field of Finance. The Master of Science in Finance (MOSFI) is a one-year specializing program entirely held in English which provides rigorous training in finance. Upon successful completion of the Program, students are granted 60 ECTS credits.

Objectives
Students graduated from MOSFI will have access to top retail and investment banks, asset management companies and other financial institutions. The Program has agreements with several financial institutions to guarantee internships and job opportunities for the most outstanding students.

Students will acquire a deep understanding of the field through rigorous and challenging training in Finance, Econometrics, Corporate Finance and Asset Management, which will prepare students for successful professional careers.

Graduated MOSFI students have the possibility to enroll in the master’s degree in Economics and Finance, a two-year Master's Degree Program awarding 120 ECTS. A maximum of 40 ECTS from the MOSFI Program will be recognized for the fulfillment of the master’s degree Program.

Target students
Successful applicants will hold a Bachelor’s or Master’s degree with an excellent academic record. Applicants will have a strong quantitative and economics background. A necessary condition for admission is a Bachelor’s degree in Economics, Business or Finance or related disciplines (Engineering, Mathematics, Physics, Law, Political Science or Statistics).

Application deadline is August 25, 2022.

Late applications will be considered on a case-by-case basis.

Courses

All courses will be offered according to a mixed method, in the classroom at Luiss Guido Carli Campus (Viale Romania 32, Rome) and online on the Webex platform.

International Finance

This course provides an in-depth analysis of models of exchange rate determination. Starting with a review of the basics relationships in currency markets, covered and uncovered interest parities, the course analyses monetary and microfunded models of the nominal exchange rate and finally addresses currency crisis, liquidity traps and secular stagnations.

Asset Pricing

The course provides an advanced analysis of asset pricing theory, financial instruments and portfolio theory on by presenting contingent claims, equilibrium in capital markets and applied portfolio management.

Quantitative Methods for Finance

An introduction to the mathematical methods used in finance with particular emphasis on the tools used for estimation and testing of financial models.

Financial Statement Analysis

The course is designed to provide students with the conceptual background and analytical tools necessary to evaluate financial statements, through the differential effects of alternative accounting principles, the interpretation of financial information.

Advanced Corporate Finance

The course will present and discuss corporate finance topics including advanced capital budgeting techniques, capital structure design, dividend policy and firm valuation.

Asset Management

The course offers an introduction to capital market theory and regulation, security analysis, and international investments with portfolio management applications.

Market Law and Regulation

The course provides an overview of the European Financial Market Regulation which governs securities markets in the EU and the actors on these markets (issuers seeking capital/funding, investment firms which provide intermediation services, trading venues, rating agencies, investment analysis and investment funds).

Bloomberg

Introduction to Bloomberg, presentation of main and specific functions, building a financial portfolio, Bloomberg and Excel.

Program Structure and Calendar 2021/2022

The Master of Science in Finance is a full-time one-year program structured in two semesters. Courses are held from September to May.

The timetable for the second semester courses is available at the following link.

(If the schedule is not displayed correctly please filter for Corso di Studio-MOSFI-primo anno, and select February 8th as starting date)

1st Semester

September 13, 2021 to December 3, 2021

International Finance, Guido Traficante 

Asset Pricing, Nicola Borri 

Quantitative Methods for Finance – Group B, Alessandro Ramponi  

Financial Statement Analysis – Group B, Barbara Sveva Magnanelli 

1st Semester Exam Session

December 2021 – February 2022

2nd Semester

February, 8th – May 6th, 2022

Asset Management, Mauro Micillo

Advanced Corporate Finance, Saverio Massi Benedetti/Luana Zaccaria

Market Law and Regulation, Carmine Di Noia/Paola Lucantoni

Bloomberg, Nicola Borri 

 

2nd Semester Exam Session 

May – July 2022 

Autumn Exams

September – October 2022

Admission 2022/2023

In order to take part to the admission procedure, applicants are required to have at least a Bachelor’s degree (Laurea Triennale) or an equivalent degree by a foreign university.

As mandated by Article 142 of Testo Unico 1592/33 and Luiss Academic Regulations, students cannot be enrolled simultaneously in other undergraduate, graduate or Ph.D. programs and Specialisation Schools at Luiss Guido Carli or any other university.

Students at the final year of their undergraduate degree can be admitted, with reserve, provided they complete their academic requirements within the extraordinary session (March/April 2022) of the academic year 2021/2022.

Application

Application deadline is August 25, 2022. To apply to MOSFI, please fill out the online form and upload:

  • a University transcript (certificato di laurea con lista degli esami) or provisional self-certification;
  • a copy of the applicant’s national ID card or passport.
  • a detailed CV with list of academic courses and professional experiences (in English or Italian)
  • a motivation letter
  • a certificate of English proficiency, if owned
  • Additional documentation, such as certificates or awards, will be accepted for consideration but are not required

Tuition fees

The tuition fee for the academic year 2022/2023 is € 10.250 Euros, to be paid in one non-refundable confirmation fee and two equal installments:

  • Non-refundable confirmation fee: upon admission, students are required to pay a € 250 Euros confirmation fee, which is not refundable.
  • 1st installment: the 1st installment of € 5.000 Euros is due upon enrollment.
  • 2nd installment: the 2nd and and final installment is of €5.000 Euros.

Deadlines for the Confirmation fee and the 1st installment will be specified with the admission letter.

Faculty

Faculty members are all active researchers and professionals at the frontier of their area of expertise.

Nicola Borri (Program Director)

Asset pricing, Bloomberg

Carmine Di Noia

Market Law and regulation

Paola Lucantoni

Market Law and regulation

Barbara Sveva Magnanelli

Financial Statement Analysis

Saverio Massi Benedetti

Advanced Corporate Finance

Mauro Micillo

Asset management

Alessandro Ramponi

Quantitative Methods for Finance

Career Services

All the Master participants can take advantage of the support and advice of our dedicated Career Services.

Every year, students can take part in the important Career Days organized by Luiss, an opportunity to meet with the main Italian and international Employers.

All Master participants have the possibility to carry out a curricular internship as long as they remain students of the course for the whole duration of the internship experience.

The Curricular Internship is a flexible instrument allowing students to access employers’ sites, with all the required insurance coverage (e.g INAIL e RC).  There is no obligation for the employer to hire interns neither to correspond a reimbursement fee during the internship period. The experience can normally last from 1 to 6 months, with a full time or part time formula.

The internship gives a valuable opportunity to get in touch with the professional world, making a useful experience to consciously define personal and professional objectives while developing hard and soft skills, becoming more attractive on the labour market.

Please note that after the obtainment of the degree title, it’s not possible to activate curricular internships, but only Extracurricular internships, which are submitted to different regulations.

Student experiences

“The MOSFI programme is a challenging and intense journey which allows to achieve a broaden and deep understanding in Finance. I had the chance to share my classes with outstanding professors and professionals belonging to the top management class of well-known financial institutions. I consider MOSFI’s strength to be
the great mix of theory and practice offered that provided students with a complete insight of the Finance environment. All of the above is combined with building lasting friendships and living in the most
charming city in the world.”

Lorenzo Iacovone

“My name is Simone Colantuoni and in 2012 I gained a Master’s Degree in Economics and Finance at LUISS “Guido Carli” University. After an internship in the BNP Paribas Corporate & Investment Banking division, I decided to attend a Master in Finance, with a high degree of quantitative contents, driven by the strong desire to expand my knowledge in finance and further apply it at work. I actually realized that only with a good financial knowledge I would have been able to operate whatever I want.

As of today I can say that MOSFI has been the right choice. The program covered a wide range of topics in finance and provided me with a deeper understanding of financial matters, classes were really high performing and professors were both academics and professionals of the financial industry, providing me with both theoretical and practical skills. After attending MOSFI, I feel confident to manage with the world of modern quantitative finance and to pursue my passion.

I currently work, as an associate, in KPMG Corporate Finance team of Rome. Thanks to MOSFI I had the chance to join KPMG and be part of the Corporate Finance team.”

Simone Colantuoni

“My name is Cesare Orsini and I majored in Quantitative Finance during my undergraduate study. MOSFI was an opportunity to refine my skills in Applied Finance, and I think it’s a perfect choice for students who have decided to pursue a career in Finance.  LUISS is one of the most prestigious choices for students who want to get an education in Economics and Finance and the MOSFI program fully reflects this standing. The program includes a wide range of topics covering both practical and theoretical aspects with a particular focus on quantitative subjects. Courses were organized in a flexible and interesting way, and teachers were very supportive and proactive. One great thing about MOSFI is that several Professors are executives in primary financial institutions, so students get an education strictly related to their approaching work experience. The MOSFI allowed me to get the first contact with my job position, offering me the opportunity to start a career in an Investment Firm as Quantitative Portfolio Manager.”

Cesare Orsini

Contacts

You can contact us by writing to mosfi@luiss.it

LUISS Guido Carli

Via di Villa Emiliani 14

Tel.: +39 06 8522 5090/91Fax: +39 06 8522 5056

FAQS

Is the Master of Science in Finance (MOSFI) tailored for students with a Bachelor’s Degree (Laurea Triennale) or a Master’s Degree (Laurea Magistrale)?

For both. MOSFI is for students who want to take a one-year specializing Program, acquiring advanced knowledge in the field of finance, before starting their professional career in the financial sector.

After completing the Master of Science in Finance, can I continue my studies with the Master’s Degree in Financial Economics?

Yes. After completion of MOSFI, you have the possibility to continue your studies at the two-year master’s degree in Financial Economics. Upon successful completion of MOSFI, maximum 40 ECTS credits from the MOSFI Program will be recognized for the fulfillment of master’s degree Program.

I am mainly interested in pursuing an academic career. Should I enroll in the MOSFI Progam?

MOSFI is a high-quality and demanding Program which will enhance your abilities and skills required to get a job in the private sector

Can I work full-time while attending the Master?

No, MOSFI is a full-time Program.