IT · Master's
Ca' Foscari University of Venice
MSc Economics & Finance
Ca' Foscari University of Venice
Course Overview
Ca' Foscari University of Venice traces its economics heritage to 1868 — Italy's oldest business school — and its English-taught MSc in Economics and Finance is a quantitatively rigorous programme covering advanced micro- and macroeconomics, econometrics, asset pricing, and financial economics, with tracks toward research (QEM) or applied finance. The Department of Economics holds a Department of Excellence designation from the Italian government and is a recognised research centre, and the setting — historic palazzi along the Grand Canal — is among the most striking of any business school in the world. The programme suits graduates aiming at PhD study, central banking, or quantitative finance.
Sri Lankan applicants choose Ca' Foscari for a research-grade economics-and-finance master's at Italy's low, income-based public tuition (many internationals pay €1,000-2,900 per year), taught fully in English in one of Europe's most iconic cities. Graduates from Colombo, Peradeniya, Sri Jayewardenepura, or Moratuwa with quantitative economics/mathematics backgrounds, or CFA-track profiles, are well matched. Italy's 12-month post-study job-seeker permit and EU access open careers in finance, research, and policy across Europe.
Entry Requirements
Academic
- check_circle A Bachelor's degree in economics, finance, mathematics, statistics, or a quantitative field with a strong maths component.
- check_circle Sri Lankan applicants with degrees from Colombo, Peradeniya, Sri Jayewardenepura, or Moratuwa (and CFA-track profiles) are competitive.
- check_circle Foundations in calculus, statistics/econometrics, and micro/macro theory; the QEM research track is more selective.
- check_circle Motivation letter and CV; GRE strengthens borderline applications.
- check_circle Non-EU applicants pre-enrol via Universitaly and apply through Ca' Foscari; certified translated transcripts and a Declaration of Value (DoV) are required.
English Proficiency
- check_circle IELTS Academic: 6.5 Overall for the English-taught programme.
- check_circle TOEFL iBT: 85 Overall.
- check_circle No Italian required — the programme is taught fully in English; free Italian courses are offered.
- check_circle Waived if your prior degree was taught and examined entirely in English — Sri Lankan applicants from English-medium programmes qualify with an MOI letter.
Estimated Cost of Study
| Expense Category | Amount (€) | Approx. LKR |
|---|---|---|
| Tuition Fee (per year, income-based) | €2,600 | Rs. 897,000 |
| Living Expenses (per year, Venice) | €11,400 | Rs. 3,933,000 |
| Proof-of-Funds (annual, residence permit) | €6,900 | Rs. 2,380,500 |
| Visa, Permesso di Soggiorno & Insurance | €500 | Rs. 172,500 |
| Total Year 1 Investment | €14,500 | Rs. 5,002,500 |
*LKR conversion based on current bank rates. Subject to change.
Career Outcomes & PR
Italy grants a 12-month post-study job-seeker residence permit, converting to a work permit once employed. Ca' Foscari economics-and-finance graduates enter roles in banking and asset management, central banks and economic institutes, consultancies, and quantitative-finance teams across Italy and the EU — or continue to a PhD. Sri Lankan returnees route into the Central Bank, financial-sector research, and analytics roles. The Department-of-Excellence research grounding is a strong signal to employers and doctoral programmes alike.
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