Scholarship. A maximum of 20 students will be admitted.
The 10 most qualified candidates will be awarded a four-year scholarship of about €10,500 ($13,600) per year, after tax, for a total of about $42,000 ($54,400), plus tuition remission. A limited number of students can take advantage of lodging offered by the University of Siena in the Post-Graduate College "S. Chiara", a former convent sited in the historical centre of Siena. The first two years of the Program are devoted to full-time courses. All of these are held in English, the official language of the Program. After fundamental training in Mathematics, Microeconomics, Macroeconomics and Econometrics, a full menu of specialized courses is offered. Students are exposed to different theoretical and methodological points of view, in order to be able to explore the frontier of economics in an original way. Students are also required to participate in research activities, such as economics seminars and workshops. Admission to the second year is conditioned on the results of all first year final exams. Starting from the second year, students will develop their own research, under the supervision of a faculty member.
While working at their dissertation, students are encouraged to undertake periods of research in foreign academic institutions.
In this case the scholarship is increased by 50%.
The doctorate is awarded after discussion of an original piece of scientific work (which can be written in Italian or in English).
Applicants must hold, or obtain by June, an Italian "laurea specialistica" or a "4-years laurea" or equivalent 4-5 years foreign degree.