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Data science and economics (DSE)

Master at the University of Milan

Programme details
Degree: Master (Master)
Disciplines: Economics
Data Science & Big Data
Duration: 24 months
ECTS points: 120

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Description:

Graduates of this Master degree will receive advanced training on methodologies and IT tools, quantitative and methodological notions, to interpret and analyze economic phenomena using approaches that integrate business, market and social media data. Among these, the analysis of the effects of policies (economic, social) or the evaluation of actions (investments, marketing campaigns) and any other activity related to the sectors of economy, marketing, business and finance or social sciences.

The course of study provides for the construction of solid methodological bases through the development of topics of economic theory, decision theory under uncertainty conditions, micro-econometric techniques and analysis of time series. It also provides for the study of new data management technologies and scalability of analysis systems in cloud environments, as well as machine learning techniques for the extraction and classification of information.

Data Scientist Its main functions are to analyze and elaborate forecasts on large data flows, identifying and applying the most appropriate software tools and statistical techniques for their elaboration; create sophisticated models for predictive data-driven analysis.

Data Driven Economist Its main functions are to frame problems of economic analysis in the context of data science by identifying data and technologies that can provide new keys for reading or evaluating economic and social phenomena.

Data-Driven Decision Maker The professions included in this category exercise managerial functions of high responsibility in private and public companies with an international vocation with a strong technological component within it, using data analysis to guide strategic and operational decisions.

Analyst of development projects or economic policies The professions contribute to the formulation, monitoring and analysis of development projects or economic policies.

Marketing Analytics Manager The professions exercise functions of identification and supervision of decision-making processes of an operative nature in direct coordination with the company's executive management.

Employment statistics (Almalaurea)

Application and admission: Free. Applicants will be invited to an interview.

 Applicants with an Italian degree (ex. DM 270/04 or equivalent ex. DM 509/99) from one of the following classes: Ingegneria civile e ambientale (L-7), Ingegneria dell’informazione (L-8), Ingegneria industriale (L-9), Scienze dell’amministrazione e dell’organizzazione (L-16), Scienze dell’economia e della gestione aziendale (L-18), Scienze della comunicazione (L-20), Scienze e tecnologie fisiche (L-30), Scienze e tecnologie informatiche (L-31), Scienze e tecnologie per l’ambiente e la natura (L-32), Scienze economiche (L-33), Scienze matematiche (L-35), Scienze politiche e delle relazioni internazionali (L-36), Scienze sociali per la cooperazione, lo sviluppo e la pace (L-37), Statistica (L-41) provided they have acquired a certain number of credits in specific scientific-disciplinary sectors specified in the Manifesto degli Studi.

English language

The possession of linguistic skills at least at B2 level in the English language is a requirement for access. The language skills of the required level must be proven by presenting one of the proven international validity certificates of level B2 or by passing a B2 level test organized within the University. The profile of students regarding the knowledge required for access, motivations and individual preparation will be assessed on the basis of the evaluation of the curricula and through a selection interview conducted in English and exclusively by electronic means. This verification will be carried out by a specific "Selection Commission" of teachers appointed by the Faculty Board.

One of the most effective policies adopted by European Union in the last years has been the internationalization of higher education. The various Erasmus programmes that have been implemented since the nineties have greatly increased the mobility of European students. 

Being a brand-new programme with an internationally oriented educational core strategy, DSE promotes a wide internationalization of their students, and therefore strongly encourages them to spend part of their studies abroad in Erasmus+ Programmes. 

Erasmus+ provides opportunities to study, train, gain work experience and skills. Students can go abroad from 3 up to 12 months (including a complementary traineeship period, if planned), and may receive additional grants for studying or training. At the end of their foreign stay, students get full recognition of completed activities in terms of credits for their degree. Student mobility is carried out in the framework of prior "inter-institutional agreements" between the sending and receiving institutions. 

Students can also join the traineeship programme (Placement), by going abroad from 2 up to 12 months, starting their traineeship from the first year of study. For a traineeship which is an integral part of the curriculum, the sending institution must give full academic recognition for the period spent abroad. For a traineeship that is not part of the curriculum of the student, the sending institution shall provide recognition at least by recording this period in the Diploma Supplement or, in the case of recent graduates, by providing a traineeship certificate. Traineeship may also be established with private and public companies, educational or research centers other than the hosting institution, especially in the field of finance.

DSE academic staff has strong relations with some important European universities, in particular in Germany, Belgium, France, Spain and the Netherlands, and is actively involved in research and education networks, so that students' activity abroad (including the development of the final dissertation) can be successfully supervised.

Strongly recommended



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