Master in Behavioral and Applied Economics (BEA)
Trento, Italy
DURATION
2 Years
LANGUAGES
English
PACE
Full time
APPLICATION DEADLINE
Request application deadline *
EARLIEST START DATE
Sep 2025
TUITION FEES
EUR 4,500 / per year **
STUDY FORMAT
On-Campus
* for non-EU citizens residing abroad. Non-EU “early bird” applicants submitting the application before February 8th, 2024 at 12:00 (noon CET), will be evaluated with priority| June 14th, 2024 for EU citizens and non-EU citizens regularly residing in Italy
** EU 340€-3400€ (fee range based on personal income and merit); Non-EU: 1000€-4500€ (fee range based on merit only, i.e. score in the application evaluation)
Introduction
Specialized education in Economics. The Master's Degree (Laurea Magistrale) in Behavioural and Applied Economics (BEA) provides a solid education in Economics with the possibility to develop advanced competencies in Behavioural and Applied Economics, combining Behavioural and Applied Economics in one single path is a unique opportunity for:
- Acquire empirical analysis tools integrated with skills in using large data sets to perform deep studies in a broad area of economics, from industrial organization to labor economics, public policy evaluation programs, data analytics, and big data.
- Improve the predictive power of economic models by incorporating insights from psychology. Predictable deviations from rationality benchmarks (biases) are organized into theories that provide a better account of human behavior.
In this way, graduates are fully armed with the necessary background to carry out rigorous economic analysis in questions of interest for policy, business, and decision-making.
Within this program, theory and empirical methods are constantly engaged in a mutual dialogue and each teaching activity provides both aspects. Through this special learning, BEA students have the chance to apply their knowledge to reality and develop, inter alia, communications skills and independent assessment.
These skills are further strengthened through external activities, such as training placements or visiting periods in worldwide partner universities.
Admissions
Curriculum
Crash Courses
- Introduction to International Business
- Introduction to Quantitative Methods
- Introduction to Economics
- Legal Foundations
1st Year
- Microeconomics: Game Theory and Imperfect Markets
- Statistical Methods for Experiments and Data Learning
- International Contracts Law
- Behavioural Economics
- Computer Simulation for Economics
- Applied Econometrics
- Business and Performance Analysis
2nd Year
- Public Policies: Nudging
- Public Policies: Counterfactual Evaluation Methods
- Empirical Labour Economics: Data and Policies or Data Analysis and Field Experiments
Electives
- Psychology of Decision-Making
- Behavioural Finance
IT Skills
- Introduction to Stata
- Introduction to Programming
Internship
Master Thesis
Efrem Bertini
Scholarships and Funding
Scholarships for non-EU Citizens living abroad
Top-scored candidates will be entitled to receive a UniTrento scholarship according to scholarship availability. Tuition fees are waived for students granted with the UniTrento scholarship.
Scholarships for EU Citizens and Non-EU citizens regularly living in Italy
Tuition Fees for EU citizens and non-EU citizens living in Italy may range from 340€ to 3.400€. The final amount depends on the financial situation of your family calculated by an economic indicator called "ISEE Università ".
Details about tuition fees and ISEE are available on our website. If the "ISEE Università" will not be calculated, the maximum amount of tuition fees will be applied.
Once the ISEE has been calculated students, if eligible, can apply for the Opera Universitaria scholarship, starting from June/July.
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Gallery
Career Opportunities
Graduates in Behavioural and Applied Economics learn to assess and interpret economic phenomena by combining economic theory and empirical evidence in the form of experimental data and observational data. This makes them able to put their expertise to work both in the private and the public sector as:
- Researcher in national and international research centers think tanks, and non-profit organizations (Bank of Italy, EU, UN, OECD, World Bank, FAO, UNICEF, etc…).
- Consultant in banks and financial institutions (European Central Bank, Bank of Italy, etc.)
- Financial Adviser
- Data or market analyst for private companies
- Advertiser
Specifically, BEA graduates can analyze, seize, and use experimental data to collocate the baseline organization in its economic context and understand the trend of the economic variables and the economic behavior of people. Moreover, they possess skills in conducting data analysis to test economic theory and provide insightful policy advice.
The set of competencies acquired and the empirical approach make them skilled to assess independently and provide policy recommendations and strategic governance for Companies, NGOs, and Public organizations at the international level.
BEA graduates are trained to collect, analyze, and explain data as well as connect the different economic players of organizations and predict the potential effects of economic decisions.
Graduates are also able to monitor and suggest corrections towards undertaken actions and address new development strategies within organizations, both public and private. This makes BEA graduates fit to work as market and data analysts or professional experts in different and complex economic systems with high responsibilities like multinational corporations, banks or government institutions, NGOs, as well as international research institutions and public administrations.
In addition, the BEA Master's Program provides graduates with the necessary foundations in economics and statistics to proceed to a Ph.D.
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Facilities
English Language Requirements
Certify your English proficiency with PTE. The faster, fairer, simpler English test, accepted by thousands of universities around the world. PTE, Do it worry-free!
Program Admission Requirements
Show your commitment and readiness for Grad school by taking the GRE - the most broadly accepted exam for graduate programs internationally.