The GrEnFIn Erasmus Mundus Joint Master’s programme in Greening Energy Market and Finance is a prestigious two-year international master’s degree aimed at cultivating highly skilled professionals ready to tackle the complex challenges of the global transition to a sustainable, low-carbon energy economy. Delivered by three distinguished European institutions, his programme blends rigorous quantitative training, interdisciplinary coursework, and international mobility to prepare graduates for leadership roles across the energy, finance, and sustainability sectors.
Launched to align with key European and global sustainability agendas such as the European Green Deal, the Sustainable Development Goals, and the Paris Agreement, the GrEnFIn Erasmus Mundus programme integrates economic, technical, and financial dimensions of the energy transition, fostering professionals capable of designing evidence-based solutions for markets, policymaking bodies, financial institutions, and energy providers worldwide.
Key Details of the GrEnFIn Erasmus Mundus
| Feature | Details |
|---|---|
| Programme Name | Erasmus Mundus Joint Master in Greening Energy Market and Finance |
| Duration | 2 academic years (120 ECTS) |
| Degree Type | Joint Master’s Degree (multiple degrees) |
| Language of Instruction | English |
| Study Model | Year 1 at partner universities (mobility across institutions), Year 2 advanced coursework and research/internship |
| Scholarship Type | Erasmus+ Joint Master Funding and Consortium Scholarships |
| Academic Focus | Quantitative climate finance, energy economics, renewable energy technologies, advanced statistics & IT |
Project Status and Erasmus+ Funding Information
| Item | Detail |
|---|---|
| Status | Ongoing |
| Start Date | 01 October 2024 |
| End Date | 30 November 2030 |
| Action Type | Erasmus Mundus Joint Master Degree (EMJM) |
Universities and Countries Involved in GrEnFIn Erasmus Mundus
The programme is jointly delivered by a consortium of leading European universities:
| University | Country |
|---|---|
| Alma Mater Studiorum Università di Bologna | Italy |
| Ludwig-Maximilians-Universität München (LMU) | Germany |
| Université Paris Dauphine – PSL | France |
Programme Structure
| Year | Location | Academic Components |
|---|---|---|
| Year 1 | Partner institutions across Italy, Germany, and France with initial mobility including London campus for some tracks | Core quantitative tools, energy economics, statistics & IT fundamentals |
| Year 2 | Partner institutions and possible associated partners | Advanced specialization courses, internship/RAship and master thesis engagement |
Research and Industry Links
The GrEnFIn Erasmus Mundus programme fosters close interaction between academic research and industry by embedding practical elements such as internship/RAship opportunities with companies, research institutions, and policy bodies focused on sustainable energy and climate finance. Multidisciplinary research projects, guest lectures from industry experts, and summer/winter schools enrich the curriculum with applied insights addressing real-world energy transition challenges.
Admission Requirements
Applicants to the GrEnFIn Erasmus Mundus must meet the following criteria:
- A first cycle university degree (Bachelor’s or equivalent) in Mathematics, Physics, Economics, Statistical Sciences, Information Technology or Engineering.
- Candidates graduating before July 24, 2026 may apply conditionally.
- Demonstrated English language proficiency at CEFR B2 level or higher.
- Adequate personal competencies and skills verified through academic merit, overall experience, and an official GRE score, where required.
Required Documents
Applicants should prepare and upload the following:
- Bachelor’s degree certificate and official transcript of records.
- ISCED classification template detailing coursework.
- Proof of English language proficiency (B2 or higher).
- Unofficial GRE score and official GRE report sent via ETS.
- Identification document copy (passport).
- Europass CV detailing curricular and extracurricular experience.
- Additional supporting documentation, if applicable.
How to Apply – Step-By-Step
- Log on to Studenti Online and create or access your account.
- Select “Second Cycle Degree Programme” and choose one of the three GrEnFIn tracks.
- Upload all required documents in PDF format.
- Submit the Europass CV and ensure GRE scores are sent to the University of Bologna.
- Verify and submit the application before the deadline.
- Await selection results and potential scholarship attribution notification.
Application Timeline 2025 and 2026 Intake
| Stage | Timeline |
|---|---|
| Applications Open | October |
| Application Deadline | January |
| Publication of Results | February |
| Confirmation of Acceptance | March |
| Welcome Week | August – September |
| Programme Start | September |
Scholarship Benefits for GrEnFIn Erasmus Mundus Applicants
- Erasmus+ funding covering tuition and participation costs.
- Monthly living stipend depending on eligibility.
- Travel and installation allowances for non-EU residents.
- Access to academic events, summer/winter schools and industry networking.
Guidance for a Strong Application
- Demonstrate clear motivation and alignment with sustainability and quantitative skills.
- Highlight relevant academic projects or experience in energy, finance, or data analysis.
- Ensure submitted documents are professionally formatted and translated if necessary.
- Prepare for any evaluative assessments as outlined in the admission requirements.
Alumni Experience
“What stood out for me was the emphasis on practical experience – from real case studies to a hands-on internship, I graduated feeling prepared for the green job market.”
Lucas Meyer, Germany
Frequently Asked Question (FAQs)
Do I need to apply separately to each university in GrEnFIn Erasmus Mundus Program?
No, you apply once through the UNIBO portal, and if selected, you’ll receive joint admission across the consortium.
Is there a tuition fee for GrEnFIn Erasmus Mundus Program?
Yes, but full scholarships are available for selected students, covering tuition, travel, and living costs.
How many students are selected each year for GrEnFIn Erasmus Mundus Scholarship?
Up to 20 students are admitted annually, with around 75% receiving full Erasmus Mundus scholarships.
Can I apply to GrEnFIn Erasmus Mundus Program without an engineering background?
Yes, applicants from various disciplines like economics, statistics, and mathematics are encouraged to apply.
What career paths are common for graduates after GrEnFIn Erasmus Mundus Program?
Graduates pursue roles in sustainability consulting, environmental finance, energy policy, research, and corporate ESG departments.
