Ca’ Foscari University of Venice is one of the oldest European schools of economics and finance, with a long tradition of excellence in business, science and the humanities. So while looking for a partner to teach its students important fintech and analytics concepts like data visualization, time series and machine learning, it only made sense to look for a younger, tech-savvy business school.
That’s a key reason Ca’ Foscari signed an agreement with the School of Business at Stevens Institute of Technology that will allow students at the Italian university to enroll in the Financial Analytics master’s program at Stevens.
Ca’ Foscari Rector Michele Bugliesi, also a professor of computer science, visited Hoboken in March to sign the paperwork and tour the campus, including the two high-tech financial analytics labs that comprise the Hanlon Financial Systems Center.
The Financial Analytics program, Dr. Bugliesi said, reflects his school’s interest in improving education and research in areas where economics, finance, technology and analytics overlap. That’s a trend that continues to send shockwaves through the financial services industry, where modeling and quantitative insights are as important as traditional concepts like derivatives and venture capital.
“Stevens is one of the leading institutions in these trends, and of course, it’s located so close to New York City,” Dr. Bugliesi said. “The ties to Wall Street and the job opportunities for students make us very excited about partnering with Stevens.”
Under the agreement, Ca’ Foscari students will earn a master’s degree in either Economics and Finance or Management in Venice, then travel to the United States to complete the master’s in Financial Analytics. Students earn two degrees in two years and, because the Financial Analytics degree is a STEM program, can work on Wall Street or elsewhere after graduation.
The partnership came about from a presentation Dr. Gregory Prastacos, dean of the School of Business, delivered at a recent HERMES conference, where he presented Stevens’ leadership in technology and data analytics as a reason to form partnerships like this one. HERMES is a network of European universities that share research and faculty in management disciplines.
“We’re very excited to partner with Ca’ Foscari to offer a true technology-focused finance degree to students at such a prestigious university,” Dr. Prastacos said. “We hope it is the first of many partnerships with Europe’s premier universities.”