Master in Banking and Finance (BA.FI.)

SECOND-LEVEL UNIVERSITY MASTER'S PROGRAMME IN BANKING AND FINANCE (BA.FI.) – Academic Year 2026/2027

The new Call for Applications for admission to First- and Second-Level University Master's Programmes for the 2026/2027 Academic Year will be available by November 2026.

Application deadline (subject to confirmation following publication of the Call for Applications): 29 January 2027.

Brochure
 

Learning Objectives

The BA.FI. Master's Programme aims to train specialists in the integrated management of risk, capital and liquidity, strategic planning for banks and insurance companies, and financial management. The Master's Programme enables participants to acquire knowledge of advanced analytics and data science principles, understand regulatory developments and emerging trends in the prudential supervisory framework and the management of banks in crisis, and gain the tools and technical expertise required to measure and manage financial and non-financial risks, including ESG risk, cyber risk and misconduct risk. In today's competitive and market environment, the Master's Programme has been redesigned and updated to enable participants to develop the professional expertise and practical skills essential for working in integrated risk management and sustainability (ESG framework). Since its first edition, integrated risk management has been the main focus of the BA.FI. Master's Programme. In the global competitive market, this field is undergoing rapid development and facing significant regulatory pressure. It is being assigned new tasks and responsibilities, including the management of climate and environmental risks and cyber risks. It is increasingly involved in strategic planning, in guiding organisational change in response to strategic challenges arising from regulatory developments and a highly volatile market environment, and in addressing skills gaps within financial and non-financial organisations by promoting a culture of controls, risk awareness and sustainability. Following a common core of training, the Master's Programme offers two specialist tracks (curricula): Professional Risk Management for Banks (PRMB); Professional Risk Management for Insurance Companies (PRMIA). Professional Risk Management for Banks (PRMB) The Professional Risk Management for Banks curriculum aims to train future professionals capable of working in financial markets and corporate finance, with a specialist focus on the measurement and management of financial risks. In line with this objective, the curriculum aims to develop the following skills and knowledge: Understanding the fundamental principles of advanced analytics and data science. Understanding the conceptual frameworks, strategies and operational techniques of Advanced Asset Allocation, as well as methods for determining risk-adjusted performance. Understanding the prudential supervisory framework for risk and capital, its future development and its operational implications for banking institutions. Understanding and measuring the main types of risk faced by financial intermediaries, including cyber risk and misconduct risk. Using the main statistical software packages for risk management and banking finance. Assessing the suitability of internal governance arrangements. Structuring hedging transactions for individual positions and entire asset portfolios, and understanding their prudential supervisory and accounting implications. Understanding capital and liquidity management mechanisms, the integrated ICAAP–ILAAP process, and the operating principles of the various stages of banking supervision within the Single Supervisory Mechanism (SSM). Understanding the technical and legal aspects of derivatives transactions, their prudential supervisory implications and their impact on banks' financial statements. Understanding the main programming languages. Understanding the operational implications of financial and non-financial risks. Exploring product innovation, new forms of advisory services and credit intermediation for businesses. Professional Risk Management for Insurance Companies (PRMIA) The Professional Risk Management for Insurance Companies curriculum aims to organise and consolidate knowledge and develop the skills required to foster a management culture within insurance companies, with a specialist focus on finance from both a national and international perspective. More specifically, the PRMIA curriculum aims to train professionals capable of managing the complex network of relationships involved in developing products and services for customers, defining investment policies and managing the risks specific to insurance intermediaries. In line with these objectives, the curriculum aims to develop the following professional competencies: Knowledge of the institutional and regulatory frameworks governing the sector. Analysis of the opportunities and constraints arising from regulation. Understanding of the main programming languages. Data analysis and risk quantification using statistical, financial and actuarial models. Understanding the operational implications of technical and financial risks and how to manage them. Selection and management of financial resources. Management of administrative and accounting activities. Management of the distribution and marketing of insurance products. Understanding capital management mechanisms and the value creation process within insurance companies. Evaluation and analysis of projects for launching new products. Knowledge of the fundamental principles of advanced analytics and data science. Analysis and development of new business models and growth strategies in the financial intermediation sector.

Expected Learning Outcomes

Knowledge and Understanding Upon completion of the Master's Programme, participants will have acquired theoretical and practical knowledge of techniques for measuring the risks associated with the day-to-day operations of a bank and/or an insurance company. They will be able to produce summary risk indicators and understand the underlying principles and key determinants. Applying Knowledge and Understanding Upon completion of the Master's Programme, participants will be able to: Apply probabilistic modelling and inferential analysis techniques used in finance to support investment decisions and risk control. Apply the knowledge acquired to accurately measure the risk exposure of a bank and/or an insurance company, identify and use the appropriate management levers, and quantify expected outcomes and potential unexpected losses.

Enrolment

The new Call for Applications for admission to First- and Second-Level University Master's Programmes for the 2026/2027 Academic Year will be available by November 2026.

Application deadline (subject to confirmation following publication of the Call for Applications): 29 January 2027.

Selection

Selection Date:
Date to be determined (by the end of February 2027)

Format
Interview

Location
Parrillo Room, 3rd Floor, Faculty of Economics, Management Department, Via del Castro Laurenziano 9, 00161 Rome, Italy

Topics
The admission assessment consists of a technical and motivational interview and an assessment of English language proficiency. The technical interview will cover the following topics: Statistics, Financial Mathematics, and Securities Markets Techniques and Management.

Borse di studio a.a. 2026/2027 

Borse di studio per figli dei Dipendenti PA

L’INPS ha pubblicato il bando per l’assegnazione di borse di studio riservate ai figli ed orfani di iscritti alla Gestione unitaria delle prestazioni creditizie e sociali e di pensionati utenti della Gestione Dipendenti Pubblici ed iscritti alla Gestione Magistrale a sostegno della frequenza di Master universitari di I e II livello e corsi universitari di perfezionamento.

Il bando prevede l’assegnazione di 700 contributi a sostegno della frequenza ed è rivolto ai figli di:

• dipendenti e dei pensionati della pubblica amministrazione iscritti alla Gestione Unitaria delle prestazioni creditizie e sociali;
• iscritti alla Gestione Assistenza Magistrale.

La domanda di partecipazione deve essere trasmessa dalle 12 del 1° ottobre alle 12 del 22 ottobre 2026, tramite il “Portale prestazioni welfare”.

Borse di studio a.a. 2026/2027 - Imprese partner

Sono in corso di definizione accordi con le imprese partner anche per l'edizione 2026/2027.

PA 110 e lode. L'offerta formativa per i dipendenti pubblici 2026/2027

Le informazioni saranno disponibili a partire dal mese di ottobre 2026

Partner del Master

Avantage Reply             

Banca Etica       

Fondazione Badioli       

Gruppo Bancario Cooperativo Iccrea     

HDI Assicurazioni S.p.A.

KPMG Advisory S.p.A.   

Istituto per il Credito Sportivo

MangustaRisk

PricewaterhouseCoopers Business Services

Prometeia

SARA Assicurazioni

Borsa di studio Fondazione Enzo Badioli a.a. 2026/2027 - Riservata ai giovani soci o figli di soci della Banca di Credito Cooperativo di Roma  

La Fondazione Enzo Badioli bandisce una borsa di studio del valore di euro 5.000 a copertura parziale della quota di iscrizione al Master Banking and Finance (BA.FI.). La borsa è riservata ai giovani soci o figli di soci della Banca di Credito Cooperativo di Roma  

Maggiori informazioni sulle modalità per accedere alla borsa sono disponibili al seguente link:  

Fondazione Enzo Badioli — Master di II livello in Banking and Finance (fondazionebadioli.it) 

Borse di studio a.a. 2023/2024

Borse di Studio INPS EXECUTIVE a.a. 2023/2024 

L'INPS ha pubblicato il bando per l'assegnazione di contributi  per la partecipazione di dipendenti pubblici - iscritti alla gestione unitaria delle prestazioni creditizie e sociali - a master universitari. 

LINK BANDO INPS EXECUTIVE

Sono state assegnate al Master in Banking and Finance n. 3 Borse INPS EXECUTIVE per l'iscrizione al Master a.a. 2023/2024. 

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L’obiettivo del Master è  di  formare competenze manageriali e professionali necessarie per operare nella finanza dei mercati e nella corporate finance con un orientamento specialistico ai rischi finanziari

Il Master è rivolto a : - Neolaureati e laureati con esperienze di lavoro che si interfacciano con il servizio di gestione integrata dei rischi, con l’area finanza, con la programmazione ed il controllo, con la divisione clienti;  - Giuristi e commercialisti  d’impresa dell’area societaria di banche e altri intermediari

• La durata complessiva del Master è pari ad un anno accademico.
• Il Master ha un impegno didattico di 1500 ore complessive, di cui 400 ore sono riservate a lezioni di didattica frontale, 200 ore per testimonianze aziendali e  workshop, esercitazioni e lavori di gruppo. Inoltre , ai sensi dell'art. 2 del "Regolamento Generale Master", il corso comprende anche le seguenti altre attività formative: 700 ore di stage e 200 ore per project work e prova finale.
• Il Master ha sede presso il Dipartimento di Management della Facoltà di Economia dell’Università degli  Studi “La Sapienza “ di Roma, 3° piano, via del Castro Laurenziano, 9—00161—Roma.

Le lezioni si svolgeranno presso i locali della Facoltà di Economia. Per le lezioni del percorso specialistico, i seminari ed i convegni organizzati nell’ambito del Master, è prevista la possibilità di ricorrere a strutture esterne.
 Il costo per la partecipazione al Master è di 10.000,00 euro da corrispondere in due rate.

Sono messi a concorso n. 30 posti.

Possono accedere al Master coloro che sono in possesso di un titolo universitario appartenente ad una delle seguenti classi di laurea:

Finanza (19/S—LM-16)

Ingegneria gestionale (34/S—LM -31)

Statistica per la ricerca sperimentale-Scienze statistiche (92/S - LM-82)

Scienze dell’economia(64/S—LM-56)

Scienze economico-aziendali (84/S—LM-77)

Matematica (45/S—LM-40)

Scienze Giuridiche/Giurisprudenza(31+22/S –LMG/01)

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