The Study day was set up in 2011. It takes place shortly after the General Assembly, in May or June. Its goal is to promote awareness of a specific institution by meeting its high rank officials.
Delegations are composed of about 25 former members.
The destination in 2011 was the European Central Bank. In 2012, it was the European Anti-Fraud Office (OLAF). In 2013 FMA members visited the Parliamentary Assembly of the Council of Europe, the European Court of Human Rights and, those who wanted, ARTE (the French-German TV Channel). In 2014 the destination was The Hague in order to discover more about the International Criminal Court, Europol and Eurojust.
The Study day 2015 was done this year together with the trip to the Member State holding the Presidency of the Council of the EU.
In 2016, the destination was the Netherlands. The participants had the opportunity to visit the Binnenhof Parliament, Senate and Deputees Chamber and the International Court of Justice Eurojust.
As of 2016, the biannual visit to the EU countries holding th Presidency of the Council of the European Union will replace the Study Day.