Master of Advanced Financial Accounting

Advanced Financial Accounting is listed in the University of Perugia’s English-language catalogue as a course unit within a master’s degree programme; this sheet shows it as a separate entry, and its link leads to the unit’s catalogue page. It sits within Business & Management and covers corporate finance, banking, accounting, risk and financial markets. Students take it alongside other core and elective units of the parent degree, usually in Perugia, with February and September intakes. The University of Perugia is a public university in Umbria, founded in 1308. The unit is aimed at students enrolled in or considering the related master’s programme. Listed tuition is about €150 per year.

Course Details

CategoryDetails
TimeFull time
CampusPerugia
Duration2
Deadline-Date01-August,21-December,
Fee Per Year150
Application Fee€10 to €100
Currencyeuro
Intake Linkhttps://www.unipg.it/didattica/procedure-amministrative/procedure/immatricolazioni
Deadline Linkhttps://www.unipg.it/didattica/procedure-amministrative/procedure/immatricolazioni
IntakesFebruary
Program language requirementThe program is likely taught in English. Accepted Tests: IELTS (typically 6.0 - 6.5) or TOEFL iBT (typically 80 - 90).

Who can Choose this program?

Your undergraduate degree must be in a highly relevant field. The most direct and suitable backgrounds are: Accounting & Finance Business Administration (BBA) Commerce Economics (with a significant number of courses in accounting and finance)

Additional Information

CategoryDetails
Scope of the programCompleting Advanced Financial Accounting contributes to the knowledge base of the parent master's degree rather than leading to a separate qualification. The degree as a whole can lead to work in banks, insurers, corporates and consultancies. Typical roles for graduates include financial analyst, accountant, risk manager. Graduates can pursue doctoral research or enter the Italian and wider European job markets. The unit builds subject expertise and analytical skills that support the full degree.
Program entry requirementA 4-year Bachelor’s degree (BS/BBA) from an HEC-recognized university.
Required GPAA strong academic record is essential. Aim for a minimum CGPA of 2.8/4.0 or 70%, but a 3.0/4.0 or 75% and above is strongly recommended for a competitive application.
GRE RequiredNo
GMAT RequiredNo
Application Process"Adimission requirements Every university and program has specific entry criteria. However, most applicants will usually need:  Secondary school diploma equivalent to the Italian Diploma di Maturità (12 years of education). Program-specific requirements:  some degrees (Medicine, Architecture, certain Engineering/Design courses) require entrance exams, portfolios or practical tests. Places are usually allocated by ranking based on test results. Entrance exams & accepted tests  Medicine: IMAT (and other national/university tests).  STEM / Economics: TOLC variants (TOLC-I, TOLC-E) or similar tests.  Some universities accept SAT in place of an entry test (example: certain programs at Pavia).  Bocconi uses its own admission test and may accept high SAT scores as an alternative (check specific thresholds with the university). Language proof  English-taught program: TOEFL or IELTS (commonly B2 CEFR or higher); sometimes waived if your school used English as the instruction language.  Italian-taught program: an Italian language certificate (e.g., CILS/CELI) if required by the course. Documents to prepare  Secondary school diploma (or enrolment certificate if you are still in your final year).  Academic transcripts (last 2–3 years of secondary study).  CV / resume.  Proof of language proficiency.  Motivation letter / personal statement.  Reference letters or referee contacts (if requested).  Portfolio (for architecture, design, arts).  Passport copy and certified translations of key documents (Italian or English) where required. Visa & diploma validation (non-EU students) After receiving an offer, non-EU students apply for a student visa at the Italian consulate in their country. Commonly required:  acceptance letter  passport valid at least 3 months beyond planned stay  proof of financial means (≈ €6,000/year)  accommodation details  health insurance. "
Available Scholarshipshttps://studyabroadupdates.com/study-in-italy/
Program accreditationCourse unit within a University of Perugia master's degree; the degree programme is accredited by the Ministry of University and Research (MUR) under ANVUR's AVA system, and the unit itself is not separately accredited
Living expensesThe average annual cost of living for international students in Italy is approximately €8,400, but this might vary depending on various factors
Visa Process Details1. Gather Required Documents: Collect necessary documents mention below • Visa application form • Two passport size pics • Valid passport • Academic documents • Document refinement form • Bank statement • NIC • IELTS certificate • Health and travel insurance • FRC document 2. Complete Visa Application Form: Fill out the visa application form accurately. 3. Schedule Appointment: Book an appointment with the Italian consulate or visa application centre in Pakistan. 4. Submit Application: Attend the appointment, submit your documents, and pay the visa fee. Financial Requirements • Bank Statements: Show sufficient funds to cover tuition, accommodation, and living expenses. • Sponsorship Letters: If someone else is funding you, include their financial documents and a sponsorship letter. Health Insurance • Why It’s Needed: Health insurance is necessary to cover medical expenses during your stay. • Recommended Providers: Choose a reliable health insurance provider with student coverage. Language Proficiency • Accepted Tests: IELTS, TOEFL, or Italian language tests, based on your course's language of instruction. • Minimum Scores: Check with your institution for required language proficiency scores.
Part timeworkInternational students can work part-time in Italy to assist cover costs. However, there are some restrictions: Work permit: Non-European students must have a valid residency permission to work in Italy. Hours: Students can work up to 20 hours each week, or 1,040 hours annually. Language: While Italian skills are not essential, they may be necessary to obtain a job unless you are a TEFL teacher. Job options: Working at restaurants, coffee shops, and supermarkets is a popular part-time career. Universities may also provide paid on-campus positions, such as administrative or research and teaching assistantships.
Post-study work opportunityItaly provides international students with a post-study work opportunity through a "Residence Permit for Job Search or Self-Employment. " This permit enables graduates of Italian universities to stay in Italy for a certain amount of time after finishing their studies to find employment, launch a business, or work for themselves. Job Search Residence Permit (Post-Graduation Work Permit) For foreign students who have finished their studies in Italy and want to stay in the nation in order to find employment, this is their primary choice. Qualifications: ● You must have earned your degree from an accredited university or higher technical institute in Italy. ● A minimum of a Master's degree, a speciality degree, or a PhD must have been earned. Even recent bachelor's degree holders may occasionally qualify, particularly in high-demand industries like technology, engineering, or healthcare. ● Duration: You can remain in Italy while searching for work or launching a business with a Residence Permit for Job Search, which is often issued for a term of 12 months (1 year). ● Work Rights: You are free to work at any job during this time as long as you are seeking for one that fits your qualifications. Finding work in a field linked to your studies is the aim. You might also look at opportunities to launch your own company. Requirements: ● Evidence of graduation (diploma or degree certificate). ● Adequate funds to sustain oneself while in Italy (a bank statement, sponsor letter, or employment offer might serve as proof of this). ● Evidence of health insurance, if any. ● a current passport as well as your prior residency permit or student visa. Application Procedure: Visit your local Immigration Office (Questura) to apply for a job search permit after graduating. Your application must be submitted prior to the expiration of your residence permit or student visa.

What are the eligibility requirements for the Advanced Financial Accounting program at the University of Perugia?

To be eligible for the Advanced Financial Accounting program, you must have a 4-year Bachelor's degree (BS/BBA) from an HEC-recognized university, with a strong academic record. A minimum CGPA of 2.8/4.0 or 70% is required, with 3.0/4.0 or 75% and above strongly recommended for a competitive application.

What is the tuition fee for the Advanced Financial Accounting program?

The tuition fee for the Advanced Financial Accounting program at the University of Perugia is approximately €150 per year.

What English language proficiency tests are accepted for this program?

The program accepts IELTS (typically 6.0 - 6.5) or TOEFL iBT (typically 80 - 90) as proof of English language proficiency. Some applicants may have this requirement waived if their previous education was conducted in English.

Can international students work part-time while studying in Italy?

Yes, international students can work part-time in Italy, with restrictions. Non-European students must have a valid residency permit to work, and they are allowed to work up to 20 hours each week, or 1,040 hours annually.

What post-study work opportunities are available for graduates of the University of Perugia?

Graduates of the University of Perugia may apply for a "Residence Permit for Job Search or Self-Employment," allowing them to stay in Italy for up to 12 months after graduation to find employment or start a business.

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