From the academic year 2015-2016 the Corso di Laurea (undergraduate programme) in Economics and Banking (Class L-33/Economics, according to the Italian university system) will be significantly enhanced. This BA programme will comprise the courses of the former bachelor's degree in Economics, with its two curricula in Economics and Statistics and Quantitative Methods, and will offer the first programme entirely taught in English at Siena in the area of economics and banking at the undergraduate level.
This three-year undergraduate programme, entitled "Economics and Banking", will make a decisive contribution to the educational offer as a whole as one of the foremost at the University of Siena. The new undergraduate programme will represent the best expression of the interdisciplinary approach that has always characterized economic and law studies at Siena.
The programme consists of four different curricula:
The undergraduate programme in Economics and Banking addresses the fundamentals of financial intermediation – particularly, banking, insurance and financial markets – by providing an excellent training in all the core economic disciplines, with a specific attention to the macro and micro aspects of financial economics. The programme has been designed focusing on resources allocation under uncertainty, corporate financing and investment decisions, insurance and risk management, the functioning and regulation of financial markets within a variety of institutional and social frameworks.
The programme, updated and revised by strengthening its interdisciplinary nature, represents the outcome of the training (at undergraduate level) and research traditions in the field of banking economics, which historically characterized the former “Facoltà di Scienze Economiche e Bancarie” at the University of Siena.
The course aims to offer to our graduates:
- a widely recognized knowledge in banking and financial economics, particularly oriented to turning out professionals able to emerge in a competitive context as graduate students, in Europe and overseas, or to serve as employees/advisors within public and private intermediaries and institutions;
- a sound knowledge of the processes related to financial intermediation and capital markets;
- the core economic, technical and financial skills required to evaluate investment and corporate financing, the way they are realized through direct and non-direct credit channels, as well as in the insurance industry;
- the ability to properly frame credit and financial phenomena in a macroeconomic context, both at a domestic and international level;
- the knowledge needed to understand the behaviour of monetary and financial fundamentals, in economic and quantitative terms;
- a wide and analytical appreciation of market economies and related phenomena, both from a strictly economic point of view and in terms of social implications;
- the ability to handle quantitative methods applied to economic and social cases, through theoretical and empirical approaches;
- the knowledge of law and regulation concerning financial intermediation and markets.
The programme relies on a teaching staff with an extensive experience in teaching and research activities on the issues of financial intermediation around the world.
The programme includes internships in banks or insurance companies. Our students will have a wide range of opportunities to take a part of their education abroad, as study periods abroad will be promoted via a lot of inter-institutional agreements with highly ranked European universities (mainly, through Erasmus mobility programme).
The basic knowledge to access the undergraduate programme is usually acquired at the level of secondary education, particularly in mathematics (specific contents of required mathematical training to access the course are listed in the guidelines). Students are also expected to have a good level of general knowledge and culture. The knowledge of the English language at the B2 level, or above, is also required in order to attend classes which will be entirely taught in English.
In addition to a career in traditional sectors of financial intermediation, such as banks and insurance companies (front and back-office, administrative staff, sales staff, consultants), our graduates will be able to work in research departments, public bodies and agencies, research institutions, as well as in departments concerned with social and environmental responsibility, in public administration and private companies, in personnel management, management consultancy, in the area of evaluation and project development.
Front and back-office assignments.
Credit monitoring processes and pure-risks underwriting.
Commercial services and contracts promoting.
Financial advisory and retail services.
Research organizations, public and private.
Management and control in public administration and private enterprises.
Organization of work.