Updated on Dec, 10 2024 09:27 IST
Study Risk Management in Italy: Fees & Admission
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Risk taking is an inherent ability of a business person, but along with taking risks, one must also know to manage the risks in a way that the impact is less on the business operations. When businesses need people to manage risks and suggest risk management strategies, they hire talented individuals to help them. If you feel you can help companies and enterprises in managing their risks bringing a balance in daily operations, you can pursue risk management courses. Study risk management in Italy and learn about how businesses take various risks and how you can play an essential role in managing risks and addressing challenges that lie ahead. A study in risk management in Italy prepare you with the required knowledge, skills, and experience to handle risks and suggest strategic plans to prevent future losses. Check the following information that will help you pursue a course on risk management in Italy.
When you want to take up a course at a foreign university, it is important to understand the set of eligibility criteria that distinguishes between eligible and non-eligible students. Here’s what you need to know about the eligibility criteria to study risk management in Italy.
Criteria to Study Risk Management in Italy (Bachelor’s)
Educational Criteria: To become eligible to apply to a graduate programme in Italy, you should first show your secondary education completion certificate. You must score at least 60% and more. There is an additional fee required to appear for the TOLCE exam that will add to your eligibility to enrol in the bachelor’s course.
Application Criteria: Once you have fulfilled the required educational criteria, you must fill out the application forms for the programme you desire to apply to.
Additional Criteria: You must also get a letter of recommendation signed and authorised by a known and recognised professor from your previous institute.
English Proficiency Criteria: You will need to choose a medium of instruction to study risk management in Italy. While you intend to choose English, it is important that you prove your language proficiency up to B2 level. Non-native speakers can appear for the following English tests:
IELTS: 6.5 and above
TOEFL: 70 and above
Duolingo: 100 and above
Criteria to Study Risk Management in Italy (Master’s)
Application Criteria: You must fill out the application form for the desired course of study in Italy. Please ensure that you add all the details accurately in the form.
Educational Criteria: If you want to start with a master’s programme in Italy, you must prove that you have completed your graduation with at least 60% marks in risk management or other fields of finance.
Additional Criteria: You must bring a letter of recommendation signed and authorised by a recognised professor of your previous institute or from your employer, if applicable.
English Proficiency Criteria: As you choose English as your medium of study during the risk management programme, remember that non-native speakers are required to submit proof of their language proficiency. To do that, you can appear for the following tests:
IELTS: 6.5 and above
TOEFL: 70 and above
Duolingo: 100 and above
All the Italian universities will start accepting forms for the term falling in 2025 from September 2024 until June 2025. You have sufficient time to choose your desired course of study and fill out application forms on time.
Here is the list of documents required to be attached to your application form for a Bachelor's in Risk Management in Italy:
Passport Copy (Front and Back)
National ID (Aadhar Card)
10th and 11th Mark sheet (Academic)
Passport size photo (with white background)
Skype Details (Self)
Statement of Purpose (Self-made)
12th Mark Sheet (OR Bonafide Certificate, if pursuing)
English proficiency certificate – IELTS/Medium of Instruction (School)
2 Letter of Recommendation – From different Teachers (School)
Study Module (Sample Attached below)
Work Experience/ Gap Justification/ Internship Certificate (If required)
One and Same Certificate (If your name is different on Academic documents & passport)
Predicted Mark sheet if possible (School)
Here is the list of documents required to be attached to your application for Master’s in Risk Management in Italy:
Passport Copy (Front and Back)
National ID (Aadhar Card)
10th and 12th Mark sheet (Academic) and Bachelor’s certificate
Passport size photo (with white background)
Skype Details (Self)
Statement of Purpose (Self-made)
Provisional/Final Degree (OR Bonafide Certificate, if pursuing)
First Semester to Last Semester Mark sheet/Transcript (Academic)
English proficiency certificate – IELTS/Medium of Instruction (College)
2 Letter of Recommendation – From different faculties (College)
Detailed Study Module (Available at University’s website)
Work Experience/ Gap Justification/ Internship Certificate
One and Same Certificate (If your name is different on Academic documents & passport)
It is great thought of pursuing your higher studies from a foreign university. But at the same time, do you think language can be a barrier? Do not worry, Italian universities offer its course in two languages – English and Italian. Most of the international students choose English as their medium of study. If you want to choose English as well, you must prove your language proficiency upto B2 level. Here are the tests you can appear for:
IELTS – 6.5 and above
TOEFL – 70 and above
Duolingo – 100 and above
Bachelor’s in risk management is a 3-year long course. It is a specific field of study in finance opening doors of endless opportunities.
Master’s in risk management is a 2-year long course. It is a great course to pursue if you already have a finance background.
As you want to study risk management in Italy, we want you to know the fee structure of a few popular universities you can target. Please check the following table:
| Name of the University | Bachelor’s Fees/year | Master’s Fees/year |
|---|---|---|
| University of Florence | 150 – 3500 EUR depending upon the annual income of the student | 150 – 3500 EUR depending upon the annual income of the student |
| University of Pisa | 2530 EUR | 2530 EUR |
| Politecnico De Milano | 900 to 4,000 EUR per year depending on the program and individual circumstances | 900 to 4,000 EUR per year depending on the program and individual circumstances |
| Sapienza University of Rome | 2,821 EUR | 2,821 EUR |
| University of Parma | 156 – 3500 EUR | 156 – 3500 EUR |
Note: Fees mentioned in the table is not fixed and may vary as per your income status and the specialization chosen.
Here is a list of the popular universities to study risk management in Italy. You can fill out forms for all the universities and we are sure they will approve your admission:
| Name of the University | Category | City |
|---|---|---|
| University of Florence | Public | Florence |
| University of Pisa | Public | Pisa |
| Politecnico De Milano | Public | Milan |
| Sapienza University of Rome | Public | Rome |
| University of Parma | Public | Emilia-Romagna |
Italian universities follow a step-by-step procedure for admission. While the steps can appear overwhelming at first glance, Anigdha’s team will be there to help you.
Procedure to study risk management in Italy (bachelor’s)
You can begin your admission procedure by browsing through all the courses available at Italian universities.
Once you have the list of courses ready, you can filter them based on your interests, academic profile, and eligibility.
It is time to fill out application forms and ensure that your forms are submitted before the deadline approaches.
The next step is to gather all the documents required to be submitted at the time of admission.
Prepare for the global admission test, TOLCE, which is mandatory to clear if you want to enrol in a bachelor’s programme in Italy.
You should also prepare for university entrance tests and English proficiency exams. Our team will assist you with the same.
As soon as you receive approval from the university, you can immediately apply for your study visa in Italy. It takes 45 days for the visa to arrive.
Once the visa arrives, you can get HRD and apostille done on your supplementary documents.
Now that everything is done and sorted, it is time for you to find comfortable accommodation near or within the university campus.
Procedure to Study Risk Management in Italy (Master’s)
The admission procedure for an Italian university begins with browsing through all the courses available.
Create a list of courses and narrow the list based on your academic skills, eligibility to fulfil them, and interests.
With a clear list of courses in hand, it is now time to fill out application forms and submit them before the deadline approaches.
Gather all the documents that are required to be submitted at the time of admission.
You must prepare for university entrance exams and English proficiency tests, which will take you closer to your admission.
Once the university approves your application, you will receive an approval letter. Attach the letter with your study visa application form and submit the application.
As your visa arrives, you should get HRD and apostille done on your documents.
In the final step, you should book yourself comfortable and affordable accommodation in Italy.
During all the steps, you will find Anigdha’s team assisting and supporting you until you start studying in Italy.
What are the topics I will learn as I study risk management in Italy?
Different levels of courses on risk management cover various topics, but primarily, you will learn about business continuity planning, organizational continuity, risk management for banking and other financial institutions, investments and financial risks, and so on.
Can I study risk management online from an Italian university?
Many universities offer courses as a full-time, part-time, and distance learning faculty. You can check the websites of your targeted universities and find out details about applying for an online course.
What kind of visa should I apply for to study in Italy?
Student visa lets you enter the country, but if you want to stay in Italy for longer than three months, you should apply for a student resident visa.
Should I learn Italian if I want to study in Italy?
No, there is no compulsion on learning Italian language. However, you can learn a few daily phrases that will help you communicate with locals there.
I have heard a lot about Erasmus program. What are the cities should I target if I get selected for the Erasmus program?
The top Italian cities for an Erasmus program are Bologna, Florence, Rome, and Milan.
Do we find Indian restaurants in Italy?
Yes, there are many Indian restaurants in Italy where you can eat Indian delicacies you love.
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