Economics - LUISS Guido Carli

Transcription

Economics - LUISS Guido Carli
ECTS
Economics
Academic Year 2008/2009
LLP ERASMUS
Edited by:
The International
Relations Office
Viale Romania, 32
00197 Rome - Italy
Rome, November 2008
2
▌TABLE OF CONTENTS
Page
Introduction – What is ECTS?
4
Education in Italy
7
LUISS Guido Carli
10
The Faculty of Economics
20
Bachelor Courses
- General Course Structure
25
- Description of Bachelor Degree courses
43
- Summary Table of Courses
83
- Prerequisites for Economics courses
88
Master’s Courses
90
- General Course Structure
- Description of Master’s Degrees courses – General Management
109
- Summary Table of Courses
120
Inter-Faculty Master’s Degree Course
127
The School of Management
132
Useful information for Guest students
133
How do I apply for a period of study at LUISS?
140
2009-2010 Academic calendar
142
Exchange deadlines – Academic Year 2009-2010
142
LUISS Guido Carli and ECTS - Grading System
143
FAQ – Frequently Asked Questions
144
Luiss Guido Carli – Area Map
150
All information contained in the package, while true at the time of publication, is subject to
modification and should therefore be checked appropriately.
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▌INTRODUCTION
What is ECTS?
The European Community promotes inter-university co-operation as a means for improving the
quality of education to the benefit of students and higher education institutions alike. Student
mobility constitutes a primary feature of that co-operation. The LLP Erasmus programme clearly
demonstrates that a study period abroad can constitute a particularly precious experience, not
only being the best way to discover countries, ideas, languages and cultures different from one's
own but also because it is gaining a growing importance in the evolution of university and
professional careers.
The creation of a single European area in the field of education, where students and teachers
can move freely without barriers, goes upon the recognition of the studies undertaken and the
qualifications achieved abroad. For this reason ECTS - the English acronym for the European
Community Course Credit Transfer System - was born, originally as a master plan within the
framework of the previous Erasmus programme, with the aim of promoting academic recognition
of studies undertaken abroad. The European Commission decided to include ECTS in the Socrates
programme, in particular within Sector I reserved to higher education (Erasmus), given the
conclusive effectiveness of the ECTS system. After the first stage planned for a limited
application, ECTS is now becoming much more meaningful to the extent of becoming a
permanent feature of the European context of higher education.
ECTS is above all pursuing transparency, establishing the conditions necessary to bring
institutions closer together and broadening the range of choices offered to students. Its
application facilitates the recognition of students' academic results through to the use of widely
understood standards - credits and grades - as well as a better understanding of the national
systems of higher education.
ECTS goes upon three basic elements:
1) Information on study plans and student results,
2) Reciprocal agreement (between the participating institutions and the student) and
3) The use of ECTS credits (values representing the working load done by the student).
Principal Features of ECTS
ECTS is thus founded upon three basic elements: information on study plans and student results,
reciprocal agreement (between the participating institutions and the student) and the use of
ECTS credits (values representing the workload done by the student). These three basic
elements are effective through three fundamental documents:
1) The information brochure,
2) The application form/learning agreement and
3) The transcript of records, as to the studies done.
But the essential aspect is that ECTS is activated by the students, the teachers and the
institutions which intend to make studying abroad a whole part of the learning experience.
Indeed, ECTS does not, in any way, determine the contents, the structure or the equivalence of
study programmes. These qualitative aspects must be decided upon directly by the higher
education institutions in the moment of setting, either through bilateral or multilateral
agreements, the basis for a viable co-operation. The code of good practice proposed by ECTS
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offers the interested parties the tools suitable to pursue transparency and academic
recognition.
Full academic recognition is a sine qua non condition of student mobility within the framework
of the LLP Erasmus programme. Full academic recognition requires the period of study abroad
(including exams and other forms of evaluation) to effectively substitute a comparable period of
study (including exams and other forms of assessment) in the institution of origin
notwithstanding the fact that there may be differences in the contents of the programme.
ECTS goes on voluntary use and reciprocal trust at academic level among the participating
institutions. Every institution chooses its own partners.
Transparency
ECTS guarantees transparency through the following instruments:
♦ ECTS credits, - a numerical value assigned to a course unit – which represent the working
load that a student must undertake in order to complete a given course unit. The credits
express the quantity of work every course unit requires with respect to the global volume of
work necessary to successfully complete a full year's study at the institution, that is:
lectures, practical work, seminars, traineeships, research or surveys, personal study - either
at home or in the library - together with exams and other forms of student assessment. ECTS
is, therefore, based on the overall working load of the student and not merely limited to
lecture hours. 60 credits represent the working load for a full academic year's study and, as a
rule, 30 credits are equivalent to a semester and 20 credits to a trimester.
♦ The ECTS information brochure, which provides useful information to students and
personnel about the institutions, faculties/departments, course organisation and structure as
well as the individual course units.
♦ The ECTS learning agreement, which describes the study plan the student has to follow and
indicates the ECTS credits that shall grant upon satisfactory completion thereof. The
agreement binds the student to attend the host university's programme as the main part of
their higher education, the institution of origin to guarantee the student full academic
recognition of the credits obtained abroad and, the host institution to provide the agreed
course units to the extent allowed by the academic calendar.
♦ The ECTS transcript of records, which presents the student's academic results in a clear,
complete and comprehensible manner for each part and which must be easily transferable
from one institution to another.
To facilitate the academic recognition of the studies undertaken or completed abroad, good
communication and flexibility are required. In this regard the ECTS co-ordinators carry out a
fundamental role monitoring the academic and administrative aspects of ECTS.
As a rule, it is necessary to make available to the students the entire range of course units of
the department that implements ECTS, including those units relating to postgraduate studies.
The students must be able to attend regular courses - and not especially set up for them - and
must be given the opportunity to satisfy the demands of the host institution giving an academic
qualification. Reliance on ECTS credits guarantees the organisation of programmes, which are
reasonable in terms of working load for the period of study abroad. For instance, 120 ECTS
credits for a year require a student to work twice as hard as an average student whose plan is 60
credits. At the same time, 30 ECTS credits for a year period correspond to a part-time studying.
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ECTS, moreover, allows students to continue their studies abroad. In fact, it can happen that
once the original study period is over the student may not wish to return to their original
institution but may instead prefer to remain in the host institution - possibly to graduate from
there - or move on to a third institution. Such decision may not be taken without the agreement
of all institutions involved which in any case have to set the conditions to fulfil in order to
graduate from the host institution or transfer to a third institution. The ECTS certificate is a
chronology of the student's academic record and it can constitute a particularly useful
instrument for the institutions to manage such a decision.
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▌EDUCATION IN ITALY
Until 1989 (Law 168/1989) the entire Italian educational system was under the Ministry of
Education. At that time the Ministry of Universities and Scientific Research was created to take
over the responsibilities of university education and scientific and technological research. The
two entities are currently encompassed under the organisational designation Ministero
dell’Istruzione, dell’Università e della Ricerca - MIUR (Ministry of Education, University and
Research). Information for foreign students can be found at www.study-in-italy.it ).
PRIMARY AND SECONDARY EDUCATION
Cycles
Following the 2003 Reform of primary and secondary education, the Italian school system has
been reorganised as follows:
Primary education: 5 years of schooling beginning at age 6;
Secondary education (first degree): 3 years of schooling beginning at age
11.
• Second cycle Secondary education (second degree): 5 years of schooling beginning at age
14.
• First cycle
The higher secondary schools are of various types: classical, scientific, linguistic, artistic,
technical and vocational studies as well as teacher training. At the end of the 5-year course,
students take the examination to obtain the Diploma di Maturità in the specialised area they
have chosen. This diploma grants admission to an Italian university.
Grading System
Until 1968, secondary school grading was on a scale of 0-10, 6 being the minimum passing grade.
From 1969 to 1999, final marks were on a scale of 0-60, 36 being the minimum passing grade.
Since 2000 a different system has been implemented: final marks are on a scale of 0-100 and
the minimum passing grade is 60.
UNIVERSITY EDUCATION
Admission
Admission to Italian universities grants only to holders of a Diploma di maturità from an Italian
secondary school. Foreign students, or Italian students from secondary schools abroad, are
admitted on the strength of equivalent qualifications. There are no limitations on admission
except in Medical School (medicine, dentistry, veterinary), in private independent universities
(like LUISS Guido Carli or Bocconi in Milan), and in newly established universities/degree
courses.
Grading System
In the university grading system, individual courses grade on a scale of 18-30. The maximum
final grade is 110, after the dissertation of a thesis on a free topic. For very brilliant students
the degree may be awarded cum laude.
< 18 =
fail
18/23 =
sufficient
24/26 =
satisfactory
27/28 =
good
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29/30 =
Very good
30 e lode =
Excellent
Academic Qualifications and Degrees
1. University Diploma
This is a first-level university qualification for courses lasting 3 years. For admission to these
courses, students must have a Diploma di Maturità.
2. Laurea (Degree)
The system of university study in Italy has undergone an overall reform in terms of structure and
teaching system. Up to 2001, to obtain a Laurea, the basic university degree, used to take 4 to 6
years, depending on the field of study. From the academic year 2001/2002, universities have
adopted three study cycles. The first cycle, three years in length, is characterised by a
professional training type content and concludes with the award of a first-level degree (Laurea
Triennale – Bachelor Degree); the second cycle, lasting two years, concludes with the award of
a second-level Master’s degree (Laurea Magistralis – Master’s Degree); while the third cycle,
lasting from one to three years, leads to the award of either a doctorate or a specialised
postgraduate degree.
Teaching activity is organized in faculties, which offer one or more degree courses in specific
academic areas. Course requirements are established by law and the laurea is obtained after the
student has passed a set number of exams, gained the required credits, and successfully
discussed a written research paper. Admission to the Laurea programme is regulated by the
general rules for university admission. Courses for masters degrees may also be offered parallel
to each study cycle. All study programmes must be based on the European system for the
transfer of academic credits (ECTS) as provided for in recent agreements reached at EU level.
Along with the three-cycle program system established by the Italian Ministerial Decrees, a
limited number of “old” second cycle programs (dental medicine, human medicine, pharmacy,
veterinary medicine, architecture, law) coexist with the new university system. These
programs, called One-Cycle Programs, aim at providing students with advanced education and
training for highly qualified professions in specific areas. The general access requirement is
upper secondary school degree or a comparable foreign qualification. Admission to individual
degree programs may be subject to specific course requirements.
One-Cycle Programs last five years and require 300 credits (European Credit Transfer System) for
completion (only human medicine requires six years and 360 credits). The degree awarded is a
Master’s Degree which grants access to competitions for the civil service, to regulated and nonregulated professions, doctoral programs and all the other postgraduate study degree programs.
3. Research Doctorate
The aim of the doctoral studies programmes is to offer post-graduate opportunity for research.
Programmes include individual research under the guidance of professors and special seminars.
The minimum period of study is three years. This third-level academic degree, Doctorate of
Research, is awarded to candidates who have successfully documented their research and
written an original final thesis. This programme is open to a limited number of candidates (also
from foreign countries), who must be university graduates or hold equivalent degrees.
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3a. Post-graduate Diplomas of Specialization
These diplomas are given by schools offering special advanced courses in various professions.
The limited places are reserved for university graduates or those with equivalent foreign
qualifications. The courses last 2/3 years and include practical experience. Attendance is
mandatory. The final examination is a defence of a written thesis.
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▌LUISS GUIDO CARLI
1. NAME
OF INSTITUTION
LUISS - Libera Università Internazionale degli Studi Sociali Guido Carli, Rome, Italy.
President
Avv. Luca Cordero di Montezemolo
Rector
Prof. Massimo Egidi
General Manager
Dr. Pier Luigi Celli
Head, International Relations Office
for Student Mobility
Dr. Annamaria A. Ricciardi
International Relations Office
Viale Romania, 32
00197 Rome – Italy
Tel. +39/06/85225722 - 727
Fax. +39/06/85225505
E-mail: [email protected]
Website: www.luiss.edu
2.GENERAL DESCRIPTION
Type
LUISS Guido Carli is an independent university. It was established according to Article 1 of
Italy’s Higher Education Act, which gives independent universities full legal status while
guaranteeing their autonomy in the areas of administration, teaching and discipline. Its degrees
and diplomas have complete legal and academic recognition.
LUISS Guido Carli was set up in 1976-78 by a consortium of private and public companies, that
re-organized a pre-existing Institution, “Pro Deo”. Its goal is to form students to assume the
responsibilities of managing complex economic systems in both the State and private sectors.
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At present LUISS Guido Carli has three Faculties: Economics, Law and Political Science.
Certain features characterize LUISS Guido Carli:
♦ a set number of students for the three faculties;
♦ admission by entrance test;
♦ full time compulsory attendance of courses;
♦ organisation of courses into semesters;
♦ a highly qualified teaching staff;
♦ intensive study of foreign languages and computer training;
♦ a large specialised library and a catalogue that can be consulted directly from the
University’s web site;
♦ an extensive network of international exchanges;
♦ orientation for high school students;
♦ seminars and debates on important issues as a complement to lectures;
♦ assistance by qualified tutors during the entire university study period as well as
traineeships;
♦ personal counselling service to facilitate integration and to optimise study
strategies.
Professors and lecturers are appointed from the academic world, the professions, senior State
and private sector management. Lectures are held in Italian. They are integrated by seminars,
debates and conferences on both Italian and international topics, often with the participation of
prominent guest speakers.
The annual tuition fee at LUISS Guido Carli, for the a. y. 2008/2009, is € 6,900 for Political
Science and Economics and € 7,200 for Law. The annual tuition fee for the English-language
Bachelor’s Degree course in Economics and Business (not opened to exchange students) is €
8,000. The annual tuition fee for Master’s Degrees is € 7,800. The newly introduced Master’s
Course in General Management (restricted access to exchange students) has a tuition fee of €
9,000.
Scholarships are granted to deserving students who meet certain income conditions.
Location
Since October 2007 LUISS Guido Carli moved to a new location in the residential area called
“Parioli”. Most of the teaching and researching activities are now taken in the new area. Please
note that classes of Law are still taken in the old location (Via Parenzo, 11); Economics and
Political Science classes are instead taken in the new seat. Please refer to the following
information:
a) The main campus of the new location (Viale Romania 32, 00197 Rome, tel.: +39-06-852251)
now comprises:
I.
The International Relations Office: Viale Romania 32, 00197 Rome, tel.: +39-0685225727/722.
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II.
The Faculty of Economics (lecture rooms Bachelor and Master’s): Office and Presidency,
Viale Romania 32, 00197 Rome, tel.: +39-06-85225310.
III.
The Faculty of Political Science (lecture rooms Bachelor and Master’s): Office and
Presidency, Viale Romania 32, 00197 Rome, tel.: +39-06-85225290.
IV.
The Student Office – Segreteria Studenti: Viale Romania 32, 00197 Rome, tel.: +39-0685225263/06-85225270, fax: 06-85225920, e-mail: [email protected]. The Student Office deals
with enrolment and supplies students with all the necessary information. Opening hours are from
10 a.m. to 12 a.m. Monday to Friday, and from 3 p.m. to 4 p.m. Tuesdays and Thursdays. The
Student Office closes one week in mid-August. Students also have computer and multimedia
services available through which they can comply with all bureaucratic requirements in
connection with university life. Moreover, there is the "LUISS-sms" service allowing students to
communicate with the University through messages that can be read or sent to any mobile
phone.
V.
The Orientation Office: Viale Romania 32, 00187 Rome, tel.: +39-06-85225354/5389,
e-mail: [email protected]
VI.
The Computer Centre (Viale Romania, 32 00197 Rome, tel.: +39-06-85225301; fax: +3906-8650619; e-mail: [email protected]) is a support structure for research and teaching activities
of Computer Sciences in the three faculties. It also provides consulting and support services for
the other sectors of the university (institutes, centres, faculties and training courses). To this
end, there are seven computer rooms and a university-wide network which also provides a link
to the outside world via GARR, Internet and Itapac for the consultation of different databases. A
satellite hook-up with Reuters network services is being prepared in order to have access to
international financial data. The Computer Centre also supports all the administrative activities
within the university, as well as management activities and library consultation, using a
medium-high-powered mainframe (Olivetti-Hitachi 6460/160 IBM compatible with VM/ESA and
VSE/ESA operating system with DBDC CICS/V SE).
b) The Faculty of Law (lecture rooms, Student Office) is in Via Parenzo 11, 00198 Rome. The
Student Office is located on the Ground Floor of the building, tel.: 06-85225895, fax: 0685225852. Opening hours are from 10 a.m. to 12 a.m. Monday to Friday, and from 3 p.m. to 4
p.m. Tuesdays and Thursdays.
c) The Library (Via di Santa Costanza 53, 00198 Rome, tel.: +39-06-85225600; fax: +39-0685225625; e-mail: [email protected]) is specialised in social sciences and has a total of
approximately 100,000 books and 2,100 newspapers and magazines of which 1,550 are covered
by subscription. In 1999 the library was donated the “Ungari Fund” collection consisting of
around 10,000 books on law and human rights in particular. There is a computerised system
which stores data concerning monographs, allows for on-line research and monitors the volumes
lent out. Facilities available to students include a consultation room and a reading room,
equipped with terminals and copy machines. Students may borrow books (loan term: 30 days).
Opening hours are from 8 a.m. to 8 p.m. from Monday to Friday and 8 a.m. to 2 p.m. on
Saturday.
d) Student facilities are organised by the University Union - Diritto allo Studio: Viale Gorizia 17,
00198 Rome, tel.: +39-06-85225410; fax.: +39-06-85225404; e-mail: [email protected].
Detailed information can be obtained from the Union Office, open Monday to Friday from 10
12
a.m. to 12 a.m., and Tuesdays and Thursdays from 3 p.m. to 4 p.m. The University Union is
responsible, among other things, for medical facilities (see below).
Size
Current enrolment is about 6,629 for all three faculties. The teaching staff numbers about
1,152.
3. ACADEMIC CALENDAR 2008-2009
◊ Bachelor Degree academic year
Fall semester
Spring semester
September 29 – December 20, 2008
March 9 – May 30, 2009
The same academic year applies to the Single Cycle Degree in Law.
There are three examination periods: from January 7 to March 7; from June 3 to July 25;
approximately from September 1 to 10. Within each period one (in September), two or three
dates (Appelli) are offered for each examination, and students may choose any one of the two
or three.
◊ The Master’s Degree courses started at LUISS in January 2005. For the year 2008-09 they are
organised as follows:
First year Winter semester: January 12 - April 4 , 2009
Fall semester: September 29 -December 20, 2008
Second year Spring semester: March 9 – May 30, 2009
The examination periods are from April 13 to May 16 2009 for the winter semester; from
January 7 to March 7 2008 for the fall semester; from June 3 to July 25 for the spring semester.
Dates may vary so we highly suggest you check our website for updates.
4. REGISTRATION
EU and non EU students
EU and non-EU students will find specific and detailed information on the steps of the admission
at
LUISS
as
a
foreign
student
on:
www.luiss.edu/admissions.
Nevertheless, general information on admission requirements is reported below.
General requirements
Please Note: Not applicable to Exchange students
The number of students admitted to the first year is limited to allow best teaching conditions.
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A
) BACHELOR DEGREE
In the year 2009/2010 total enrolment will be 1300 students:
Economics
Law
Political Science
600
500
200
Admission goes upon secondary school grades and an entrance examination (aptitude test).
To sit the entrance examination students must:
1) pay the examination fee of €100;
2) fill up the application form available on website: www.luiss.it/provadiammissione ;
3) print out the confirmation of submission of the application, which must be kept and then
showed for identification purposes on the day of the exam itself.
In the 2009/2010 academic year the examination is going to be held on April 6, 2009.
A student who passes the April examination and then wishes to enrol must:
1) Pay before and not over July 1, 2009 for the year 2009/2010, the first tuition fee
instalment and the regional student welfare levy (tassa regionale per il diritto allo
studio) of € 118.08 using the form that will be online.
2) Submit, by July 1, 2009 for the year 2009/2010, the following documentation to the
Student Office :
• self certification or authenticated school-leaving certificate or original diploma if
available;
• duly completed enrolment application, using the form handled on the test date;
• the indication of the chosen second language, using the form;
• bank receipt evidencing payment of the first tuition fee instalment and the regional
student welfare levy;
• two identical passport-size photographs;
• photocopy of the student's ID;
• form for information on protection of privacy, handled on the test date or
downloadable online.
B) MASTER’S DEGREE
In a.y. 2009/2010 the total number of places available for the Master’s two-year degree courses
will be about 850:
Economics
about 600
Political Science
about 250
LUISS graduates who have obtained at least 95/110 or better in their bachelor’s degree will be
given priority in admission without the need to sit an examination for such purposes.
LUISS graduates who have obtained a grade of lower than 95/110 in their first degree or
graduates from other universities may be admitted subject to passing the entrance examination
until the set number of places available is filled.
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The entrance examination consists in a written test which will be possible to take in either of
the two following sessions:
•
•
May 15, 2009
September 8, 2009
To attend the examination a € 120 fee must be paid to the Student Office.
Those who passed the entrance examination must pay the first instalment of the tuition fee plus
the regional tax of € 118.08 by September 15, 2008.
The application for registration must be filled out on-line and delivered personally or sent by
post to the Student Office (Segreteria Studenti) by:
•
•
July 1, 2009
September 14, 2009
SPECIFIC REQUIREMENTS FOR INTERNATIONAL STUDENTS APPLYING FOR “CORSI SINGOLI”
(SINGLE COURSES) – Please Note: Not applicable to Exchange students
Foreign students may attend one or more LUISS Guido Carli courses and, on application to the
Rector, take the respective exams. At the end of the course, students will obtain a certificate
stating the course that was taken and the mark obtained.
Students who want to apply for single courses (Corsi Singoli) must submit the following
documents:
1) an application to the Rector, stating clearly the course selected;
2) the original or authenticated copy of the diploma or other school-leaving certificate
qualifying for university admission, together with translation, authorisation and a statement
of its academic value;
3) two photographs; one of the photographs must be authenticated and issued by diplomatic or
consular authorities. It must indicate the date of birth, place of birth, citizenship and
residence;
4) 14,62 € stamp.
Admission fee is 1.000,00 € per course for Bachelor subjects and 1.000,00 € per course for
Master subjects.
The Student Office [email protected] takes care of registration for Corsi Singoli.
EXCHANGE STUDENTS
LLP ERASMUS PROGRAMME AND BILATERAL AGREEMENTS
The International Relations Office (Viale Romania,32 00197 Rome) deals with orientation and
registration of students on exchange programmes (LLP Erasmus and Bilateral Agreements).
Every year, by February, LUISS sends an info-package to every partner Institution by e-mail. It
contains information for exchange students and application forms for:
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- Online registration, including the ‘Learning Agreement’(or proposed programme of study)
- Accommodation
- The intensive course in Italian Language in September.
All applications, in electronic and paper version, completed and signed, must be received by
May 31, that is the fixed deadline for first and/or second semester applications every year.
As soon as the application forms are received, in June, LUISS will send incoming students
acceptance letters and practical information.
Since courses and examinations are mainly held in Italian, students will need to have an
adequate knowledge of the language before beginning their courses. If necessary, they can
attend an intensive Italian course that is held every year at LUISS Guido Carli in September.
Prospective exchange students are strongly urged to choose courses in the second and third
year, since they are particularly relevant to specialisations.
Please note: exchange students will attend Fall or Spring classes. Winter classes are not
opened to exchange students.
There are set, mandatory arrival dates for each academic year. The dates are not yet available,
but they will be made available and sent to partners institutions as soon as possible.
As soon as they arrive, students must report to the International Relations Office at 10.30 or
at 2.30 p.m. (Viale Romania, 32 - 00197 Rome - tel.: +39-06-85225-722 - fax: +39-0686506505 - E-mail: [email protected] ).
They are highly recommended to arrive on the fixed dates.
5. COURSES, EXAMS, TRANSCRIPTS OF RECORDS
The language of instruction is Italian, although parts of the coursework may be in a different
language (mainly, English). Every year, LUISS offers a few courses in English. The final list is
available at the beginning of classes.
The standard working load for LUISS students is about 30 credits/semester, including two
language courses. Guest students are advised not to take more than the average working load.
On making their choice of courses exchange students should: check the pre-requisites, avoid
time-table clashes for attendance is compulsory, pick courses only at their level (Bachelor or
Master).
Full-year courses can only be taken by the students that will spend the whole academic year at
LUISS. If these conditions are met, guest students have access to all the courses in the three
LUISS Faculties.
In order to attend the Master’s Degree Courses students must have:
- a Bachelor degree or three years of study completed before departure;
- a very good command of the Italian language.
Please note that it will be very difficult to mix Bachelor and Master’s courses because of the
different timetables, calendar and examination periods.
Full-time attendance of classes is mandatory.
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The final examinations for each course are oral and sometimes written. Written tests may be
given occasionally during the course.
Guest students are registered automatically for all the examination dates (Appelli) for all the
courses they have chosen.
Exams can be taken only on the official dates.
Please note that NO special examination can be arranged for exchange students.
The original transcripts of records will be sent both to the students and partner institutions
after the end of each examination session.
To the students who come to LUISS for the whole academic year or for the second semester, the
transcripts will be sent at the end of the first week of September. Our summer examination
session ends on July 25 and transcripts cannot be prepared before the session is over. Since the
University closes in August, the transcripts can only be issued by the Student Office after the
Summer break.
6. COURSES
IN ITALIAN
LANGUAGE
AND
CULTURE
LUISS Guido Carli offers intensive Italian language courses in September for guest students who
have been admitted to attend a semester or a year at the Faculty of Economics, Political
Science, or Law. The courses are at two levels, intermediate and advanced; they are free of
charge.
Students who would like to attend the course must specify so on their application form.
Please note that no provision is made for beginners.
The courses comprise at least:
80 45-minute lessons for the intermediate level;
60 45-minute lessons for the advanced level.
Intermediate Level
This level is for those who have already attended an Italian course and are able to communicate
in everyday situations.
The principal aim of the course is to improve oral communication. Particular emphasis is placed
on listening comprehension to enable students to take full advantage of lectures in their chosen
field.
Advanced Level
This level is for those who are already proficient in the language and need to develop specialist
language areas.
The main aim is to help the student reach a high standard of reading and writing skills.
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Extra curricular activities
These include:
♦
Film shows followed by discussion;
♦
Meetings with Italian businessmen;
♦
Talks by LUISS Guido Carli professors;
♦
Guided tours.
The activities and meetings develop topics already discussed in class and take into account the
interests of individual participants.
Italian language semester courses
During the academic year, students have weekly meetings with their Italian language teacher.
This gives them the opportunity to discuss any problems they might have with their Italian and
to learn more about their cultural environment.
The courses comprise three hours per week in both first and second semester. The main aim of
the courses is to improve oral communication, reading and writing skills.
Teacher: Dr. Concetta Amato e-mail: [email protected]
7. ACCOMMODATION
Since LUISS does not have student dormitory facilities offered to Exchange Students, the
International Relations Office does not take direct responsibility in providing accommodation. A
private organisation, C.T.S., takes care of it according to the application forms received (by
C.T.S. and the International Relations Office of LUISS Guido Carli) by May 31.
Ask the LLP Erasmus Coordinator in your university for a copy of our Accommodation documents.
Please read the booking conditions carefully, follow the instructions and complete the
application form.
8. HEALTH
AND INSURANCE
Students from the EU are entitled to the services of the Italian National Health Service.
However, they must bring along their European Health Insurance Card (E.H.I.C.).
On arrival, all guest students are given a Medital Form which entitles them to free emergency
medical services (Medital Assistance - tel. 800-491-491).
The University doctor is available to all LUISS Guido Carli students on Mondays, Wednesdays and
Fridays from 3.30 p.m. to 4.30 p.m. and on Tuesdays and Thursdays from 11.00 a.m. to 12.00
a.m. at Viale Gorizia 17 (tel.: +39-06-85225416; [email protected]).
The University Union has also started up a preventive medicine service in collaboration with
appropriately equipped hospital centres. Every student is entitled to general check-ups, and, if
necessary, special tests.
18
Exchange students are required to avail themselves of an insurance policy to cover risks or
accidents during the period of study in Italy.
9. RESIDENCE PERMITS
FOR NON-EU STUDENTS
RESIDENCE PERMIT FOR NON-EU STUDENTS
Non-EU students who intend to spend some time in Italy must request a residence permit no
later than 8 working days from their arrival in Italy.
How to obtain the residence permit for study reasons:
Use the yellow kit which you will find in all postal offices. Carefully fill in the forms, following
all the instructions. Together with the filled application, students must also bring:
•
•
•
a valid passport;
a photocopy of the passport (in A4 format);
a photocopy of any other requested identity documents (in A4 format).
The Immigration Office will contact you by priority mail for the photo-typing surveys and to set
an appointment for you to receive the electronic residence permit.
RESIDENCE CARD FOR EU STUDENTS
Since April 11 2007, the rules for EU citizens and for their relatives to entry and reside in Italy
have changed.
The residence card is no longer necessary: if you plan to stay in Italy for less than three months,
no formality is requested; for periods longer than three months, students need to make a vital
statistic registration at the municipality, as Italians citizens do.
Students will have to call 06/0606 to know which Roman municipality they belong to (you just
need to tell the address of your accommodation in Rome). Then, you will be passed to the
relevant office for your own area, that will inform you on the documents needed for the
registration.
19
▌THE FACULTY OF ECONOMICS
Dean: Professor Giorgio Di Giorgio
The aim of the Faculty of Economics is to train students who wish to become entrepreneurs,
professionals and managers capable of operating in a highly-competitive business world and
managing complex, rapidly changing situations.
BACHELOR - THREE-YEAR DEGREE COURSES
Corsi di Laurea Triennale:
•
Economics and Management
Economia e Management
•
Economics, Financial Markets and Intermediaries
Economia, Mercati e Intermediari Finanziari
•
Business Administration
Economia Aziendale
•
Economics and Business Law
Economia e Legislazione per l’Impresa
•
Economics and Business – joint degree with
Utrecht School of Economics/Utrecht University (USE)
- NOT OPEN TO ERASMUS STUDENTS –
Classe 28 Scienze Economiche – corso di laurea in collaborazione con
Utrecht School of Economics/Utrecht University (USE)
Each degree course consists of 180 credits.
Didactic activity is organised in semesters.
1. Economics and Management
Economics and Financial Markets
Economia e Mercati Finanziari
Business Administration, Finance and Auditing
Amministrazione, Finanza e Controllo d’Impresa
Business Administration
Gestione Aziendale
Marketing
Marketing
20
2. Economics, Financial Markets and Intermediaries
The first course provides a solid grounding in economics, business and quantitative analysis as
well as good methodological training for the analysis, forecasting and modelisation of economic
phenomena and for the evaluation of public policies.
There are two areas of specialisation within the degree course of Economics, Markets and
Financial Intermediaries:
Economics
Economia Politica
Financial Markets and Intermediaries
Mercati e Intermediari Finanziari
3. Business Administration
The second course focuses on economics, finance quantitative analysis and law while offering a
good methodological training for the formulation and implementation of financial decisions and
for the analysis and interpretation of corporate dynamics.
There are four areas of specialisation within the degree course of Business Administration:
1. Administration, Control and Finance
Amministrazione, Controllo e Finanza
2. International Management
Management Internazionale
3. Marketing
Marketing
4. Economics and Business Law
The third course gives an advanced preparation in business with an in-depth study of
accountancy, taxation and legal-commercial matters.
5. Economics and Business – joint degree with Utrecht School of Economics/Utrecht
University (USE)
- NOT OPEN TO ERASMUS STUDENTS –
In collaboration with a renowned University in The Netherlands, the Utrecht School of
Economics/Utrecht University (USE) , LUISS has developed an English-language Bachelor’s Degree
Course in Economics and Business for a selected group of 25 students. Part of the programme
will take place in Utrecht (The Netherlands) and part of it in Rome (Italy). Most of the courses in
economics will be hold in Utrecht while the business courses are offered in Rome. The course
will result in an Economics and Business Bachelor Degree.
21
Programme
Year Semester
1
2
3
Where
Courses
1
HOME
UNIVERSITY
Economic courses: including an introduction to quantitative
methods, business economics and microeconomics, courses such as
institutional economics and economic electives
2
USE
1
2
USE
LUISS
Business courses
1
2
LUISS
HOME
UNIVERSITY
Economic electives and the research elective (conclusive
Bachelor’s course)
Admission and Costs
Admission requirements
English proficiency is mandatory and should be proven by a certificate of one of the following
test (except for English native speaker and persons who hold already a degree in English):
•
•
•
IELTS (International English Language Testing System)
TOEFL (Test of English as a Foreign Language)
Cambridge University Advanced or Proficiency Certificate
Applicants are selected on the basis of an admission test and the assessment of the CV.
Costs
This course is subject to a regional tax that is fixed every year. For the next academic year the
exact fee is still not available but will amount to approx. 115 € (154 $).
•
•
Registration fee: 110 € (approx. 147 $)
Tuition: 8.000 € per year (approx. 10.684 $)
Career Opportunities
Through the acquainted knowledge, graduates will be ready to work at junior level
(assistant/analyst) in all business areas of the financial sectors and the public administration.
Furthermore they will have the necessary background to study at Masters level in both
business/management and economic/financial paths. Such Master studies are available at LUISS
as well as USE. USE offers for example a one-year Master’s Program in International Economics
and Business while LUISS offers Master’s Program in General Management could be an
opportunity.
For further information please check our web site:
http://www.luiss.it/economia/didattica/ordinamenti/0809/Ordinamento-LT-EB-2008-2009.pdf
22
MASTER’S DEGREE – TWO YEAR COURSES
Corsi di Laurea Magistrale
•
Economics and Finance
Economia e Finanza
•
Economics and Business Management
Economia e Direzione delle Imprese
•
General Management - RESTRICTED ACCESS TO EXCHANGE STUDENTS –
Each degree course consists of 120 credits.
Didactic activity is organized in semesters.
1. Economics and Finance
The first course offers a solid grounding in the various branches of economics and mastery of the
quantitative methods in support of diagnosis and decisions inherent in public policies and
financial strategies of business.
There are several areas of specialisation within the degree course of Economics and Finance:
Banks and Financial Intermediaries
Banche e Intermediari Finanziari
Insurance and Pension Funds
Assicurazioni e Fondi Pensione
Quantitative Finance and Markets
Finanza dei Mercati e Quantitativa
2. Economics and Business Management
The second course provides managerial skills aimed for solving complex problems associated to
business management of resources.
There are several areas of specialisation within the degree course of Economics and Business
Management:
Management
Management
Marketing
Marketing
Business Finance
Finanza d’Impresa
Professional
Professionale
23
Business Management
Management d’Impresa
Marketing Management
Marketing Management
Business Finance
Finanza d’Impresa
Economics and Management of International Enterprises and Organisations
Economia e Gestione delle Imprese e delle Organizzazioni Internazionali
3. General Management
NOT OPEN TO ERASMUS STUDENTS
This course, introduced in September 2006, is the first of its kind in Italy. It is taught entirely in
English and it is formulated for Italian and foreign students who want to acquire highly
specialized skills in International Business and Management. The course has been established in
partnership with University of Fudan, Shangai, China, in order to promote cooperation between
the two universities and the exchange among Chinese, Italian and foreign students in an
international economic context. To this extent the first Sino-Italian university campus has been
founded, in cooperation with another prestigious Italian university, Bocconi in Milan, to manage
this multilateral academic project.
The course has two areas of specialisation:
International Business
Management of Innovation
Business Management for Luxury and Tourism
INTER FACULTY MASTER’S DEGREE – TWO YEAR COURSES
In addition to the master’s degree courses offered by the Faculty of Economics, there is also
another inter-faculty two-year master’s degree course open to graduates in different areas:
•
Law and Economics
Diritto ed Economia
This degree course consists of 120 credits.
Didactic activity is organised in semesters.
The course focuses above all on the reciprocal influences between the world of economics and
the evolution of international law as well as the new opportunities afforded by economic and
legislative changes. Graduates of the course will have developed significant analytical, decisionmaking and leadership skills to perform institutional and management functions in business as
well as in national and international bodies.
24
BACHELOR DEGREE COURSES
▌GENERAL COURSE STRUCTURE
Economics and Management
• Economics and Financial Markets
• Business Administration, Finance and Auditing
• Business Administration
• Marketing
Economics, Financial Markets and Intermediaries
• Economics
• Financial Markets and Intermediaries
Business Administration
• Administration, Control and Finance
• International Management
• Marketing
Business Law and Management
Economics and Business (in partnership with Utrecht School of Economics)
• Business Economics
• Economics and Finance
Credits: from 2 to 8 depending on the course.
Total credits for each degree course: 180
25
Economics and Management
FIRST YEAR
(THE FIRST YEAR IS THE SAME AND COMMON TO ALL BACHELOR DEGREES)
Economics and Management
Fall semester
Credits
BUSINESS ADMINISTRATION
Economia aziendale
8
ITALIAN PUBLIC LAW
Diritto pubblico
6
MATHEMATICS 1
Matematica (modulo A)
6
MICROECONOMICS
Microeconomia
8
Spring semester
Credits
ITALIAN CIVIL LAW
Diritto privato
8
MACROECONOMICS
Macroeconomia
8
MATHEMATICS 2
Matematica (modulo B)
6
ACCOUNTING
Ragioneria (contabilità e bilancio)
8
Learning Activities
Credits
ENGLISH LANGUAGE*
Lingua Inglese
2
COMPUTER SCIENCE
Informatica
6
(*) Not open to exchange students
26
Economics, Financial Markets and Intermediaries
SECOND YEAR
Economics
Fall semester
Credits
BUSINESS ECONOMICS
Economia dell’impresa
8
MACROECONOMICS
Macroeconomia
8
FINANCIAL MATHEMATICS
Matematica finanziaria
8
SOCIAL SCIENCE METHODOLOGY
Metodologia delle scienze sociali
6
Spring semester
Credits
BUSINESS LAW
Diritto commerciale
8
MONETARY ECONOMICS
Economia monetaria
8
CORPORATE FINANCE
Finanza aziendale
8
ECONOMETRICS
Econometria
6
Learning Activities
Credits
ENGLISH LANGUAGE*
Lingua Inglese
2
SECOND LANGUAGE*
Seconda lingua
1
(*) Not open to exchange students
27
THIRD YEAR
Economics
Fall semester
Credits
INDUSTRIAL ECONOMICS
Economia industriale
8
8
ECONOMIC POLICY
Politica economica
ECONOMIC HISTORY
Storia economica
6
Spring semester
Credits
LABOUR ECONOMICS
Economia del lavoro
8
PUBLIC FINANCE
Scienza delle Finanze
6
ELECTIVE COURSES
Insegnamenti a scelta
8
Learning Activities
Credits
ENGLISH LANGUAGE*
Lingua Inglese
6
SECOND LANGUAGE*
Seconda lingua
3
TRAINEESHIP
Tirocinio o altre attività formative assimilate
3
FINAL EXAM (Graduation Thesis )
Elaborato finale
4
(*) Not open to exchange students
28
Economics, Financial Markets and Intermediaries
SECOND YEAR
Financial Markets and Intermediaries
Fall semester
Credits
ECONOMICS AND FINANCIAL INTERMEDIARIES
Economia degli intermediari finanziari
6
MACROECONOMICS
Macroeconomia
8
FINANCIAL MATHEMATICS
Matematica finanziaria
8
ECONOMIC HISTORY
Storia economica
6
Spring semester
Credits
BUSINESS LAW
Diritto commerciale
8
MONETARY ECONOMICS
Economia monetaria
8
CORPORATE FINANCE
Finanza aziendale
8
ECONOMETRICS
Statistica Economica (Econometria)
6
Learning Activities
Credits
ENGLISH LANGUAGE*
Lingua Inglese
2
SECOND LANGUAGE*
Seconda lingua
1
(*) Not open to exchange students
29
THIRD YEAR
Financial Markets and Intermediaries
Fall semester
Credits
ECONOMIC POLICY
Politica economica
8
SECURITIES MARKETS (FUTURES AND SWAPS)
Economia del mercato mobiliare (futures and swaps)
4
Spring semester
Credits
LABOUR ECONOMICS
Economia del lavoro
6
MONETARY AND FINANCIAL MARKETS
Economia dei mercati monetari e finanziari
6
BANKING LAW
Diritto bancario
8
ELECTIVE COURSES
Insegnamenti a scelta
8
INTERNATIONAL ECONOMICS
Economia Internazionale
6
Learning Activities
Credits
ENGLISH LANGUAGE*
Lingua Inglese
6
SECOND LANGUAGE*
Seconda lingua
3
TRAINEESHIP
Tirocinio o altre attività formative assimilate
3
FINAL EXAM (Graduation Thesis)
Elaborato finale
4
(*) Not open to exchange students
30
Business Administration
SECOND YEAR
Administration, Control and Finance
Fall Semester
Credits
BUSINESS METHODS AND RATIOS
Metodologie e determinazioni quantitative d’azienda
8
FINANCIAL MATHEMATICS
Matematica finanziaria
8
MACROECONOMICS
Macroeconomia
8
Spring semester
Credits
BUSINESS LAW
Diritto commerciale
8
CORPORATE FINANCE
Finanza aziendale
8
MONETARY ECONOMICS
Economia monetaria
8
PUBLIC FINANCE
Scienza delle finanze
8
Learning Activities
Credits
ENGLISH LANGUAGE*
Lingua Inglese
2
SECOND LANGUAGE*
Seconda lingua
1
(*) Not open to exchange students
31
THIRD YEAR
Administration, Control and Finance
Fall semester
Credits
BANKING
Tecnica bancaria
8
INFORMATION SYSTEMS FOR BUSINESS
Organizzazione dei sistemi informativi aziendali
8
Spring semester
Credits
COST ACCOUNTING AND ANALYSIS
Analisi e contabilità dei costi
8
MANAGEMENT
Economia e gestione delle imprese
8
TAX LAW
Diritto tributario
8
ELECTIVE COURSES
Insegnamenti a scelta
8
Learning activities
Credits
ENGLISH LANGUAGE*
Lingua Inglese
6
SECOND LANGUAGE*
Seconda lingua
3
TRAINEESHIP
Tirocinio o altre attività formative assimilate
3
FINAL EXAM (Graduation Thesis)
Elaborato finale
4
(*) Not open to exchange students
32
Business Administration
SECOND YEAR
International Management
Fall semester
Credits
FINANCIAL MATHEMATICS
Matematica finanziaria
8
MACROECONOMICS
Macroeconomia
8
Spring semester
Credits
BUSINESS LAW
Diritto commerciale
8
BUSINESS ORGANISATION
Organizzazione aziendale
8
CORPORATE FINANCE
Finanza aziendale
8
MONETARY ECONOMICS
Economia monetaria
8
Learning activities
Credits
ENGLISH LANGUAGE*
Lingua Inglese
2
SECOND LANGUAGE*
Seconda lingua
1
(*) Not open to exchange students
33
THIRD YEAR
International Management
Fall semester
Credits
ECONOMIC POLICY
Politica economica
8
MARKETING
Marketing
8
INDUSTRIAL ECONOMICS
Economia industriale
8
Spring semester
Credits
ECONOMICS AND MANAGEMENT OF INTERNATIONAL
ENTERPRISES
Economia e gestione delle imprese internazionali
8
INTERNATIONAL CORPORATE FINANCE
Finanza aziendale internazionale
4
MANAGEMENT
Economia e gestione delle imprese
8
HISTORY OF ENTERPRISE AND BUSINESS
ORGANISATION
Storia dell’impresa e dell’organizzazione aziendale
4
ELECTIVE COURSES
Insegnamenti a scelta
8
Learning activities
Credits
ENGLISH LANGUAGE*
Lingua Inglese
6
SECOND LANGUAGE*
Seconda lingua
3
TRAINEESHIP
Tirocinio o altre attività formative assimilate
3
FINAL EXAM (Graduation Thesis)
Elaborato finale
4
(*) Not open to exchange students
34
Business Administration
SECOND YEAR
Marketing
Fall semester
Credits
BUSINESS ECONOMICS
Economia dell’impresa
8
FINANCIAL MATHEMATICS
Matematica finanziaria
8
MACROECONOMICS
Macroeconomia
8
Spring semester
Credits
BUSINESS LAW
Diritto commerciale
8
BUSINESS ORGANISATION
Organizzazione aziendale
8
CORPORATE FINANCE
Finanza aziendale
8
Learning Activities
Credits
ENGLISH LANGUAGE*
Lingua Inglese
2
SECOND LANGUAGE*
Seconda lingua
1
(*) Not open to exchange students
35
THIRD YEAR
Marketing
Fall semester
Credits
ECONOMIC POLICY
Politica economica
8
INDUSTRIAL ECONOMICS
Economia industriale
8
INTERNATIONAL MARKETING
Marketing internazionale
4
MARKETING
Marketing
8
Spring semester
Credits
ECONOMICS AND MANAGEMENT OF BUSINESS
INNOVATION
Economia e gestione dell’innovazione aziendale
6
ECONOMICS AND MANAGEMENT OF PROVIDERS OF
SERVICES (FOR PUBLIC UTILITY)
Economia e gestione delle imprese di servizi (di
pubblica utilità)
6
MANAGEMENT
Economia e gestione delle imprese
8
ELECTIVE COURSES
Insegnamenti a scelta
8
Learning activities
Credits
ENGLISH LANGUAGE*
Lingua Inglese
6
SECOND LANGUAGE*
Seconda lingua
3
TRAINEESHIP
Tirocinio o altre attività formative assimilate
3
FINAL EXAM (Graduation Thesis)
Elaborato finale
4
(*) Not open to exchange students
36
Business Law and Management
SECOND YEAR
Business Law and Management
Fall semester
Credits
BUSINESS METHODS AND RATIOS
Metodologie e determinazioni quantitative d’azienda
8
FINANCIAL MATHEMATICS
Matematica finanziaria
8
MACROECONOMICS
Macroeconomia
8
Spring semester
Credits
BUSINESS LAW
Diritto commerciale
8
CORPORATE FINANCE
Finanza aziendale
8
MANAGEMENT OF INDUSTRIAL AND COMMERCIAL FIRM
Tecnica industriale e commerciale
6
PUBLIC FINANCE
Scienza delle finanze
8
Learning Activities
Credits
ENGLISH LANGUAGE*
Lingua Inglese
2
SECOND LANGUAGE*
Seconda lingua
1
(*) Not open to exchange students
37
THIRD YEAR
Business Law and Management
Fall semester
Credits
BUSINESS CONSULTING TECHNIQUES
Tecnica professionale
8
ECONOMIC POLICY
Politica economica
8
Spring semester
Credits
BANKING LAW
Diritto bancario
8
BANKRUPTCY LAW
Diritto fallimentare (delle crisi d’impresa)
4
LABOUR LAW
Diritto del lavoro
6
TAX LAW
Diritto tributario
8
ELECTIVE COURSES
Insegnamenti a scelta
8
Learning activities
Credits
ENGLISH LANGUAGE*
Lingua Inglese
6
SECOND LANGUAGE*
Seconda lingua
3
TRAINEESHIP
Tirocinio o altre attività formative assimilate
3
FINAL EXAM (Graduation Thesis)
Elaborato finale
4
(*) Not open to exchange students
38
Economics and Business
FIRST YEAR
Business Economics
(IN PARTNERSHIP WITH UTRECHT SCHOOL OF ECONOMICS)
Fall semester
Credits
INTRODUCTION TO BUSINESS ECONOMICS
8
PRINCIPLES OF CIVIL LAW
6
MICROECONOMICS
8
QUANTITATIVE METHODS
8
Spring semester
Credits
MACROECONOMICS
8
STATISTICS
8
SOCIOLOGICAL AND PSYCHOLOGICAL ASPECTS OF
ORGANIZATIONS
8
39
Economics and Business
FIRST YEAR
Economics and Finance
(IN PARTNERSHIP WITH UTRECHT SCHOOL OF ECONOMICS)
Fall semester
Credits
INTRODUCTION TO BUSINESS ECONOMICS
8
PRINCIPLES OF CIVIL LAW
6
MICROECONOMICS
8
MATHEMATICS 1
10
Spring semester
Credits
MACROECONOMICS
8
GAMES AND STRATEGIES
8
MATHEMATICS 2
10
40
Economics and Business
SECOND YEAR
Business Economics
(IN PARTNERSHIP WITH UTRECHT SCHOOL OF ECONOMICS)
Fall semester
Credits
INTERMEDIATE MACROECONOMICS
7
INTERMEDIATE MICROECONOMICS
7
BASIC ECONOMETRICS
8
Elective class to be chosen among:
INTRODUCTION TO ORGANIZATION AND STRATEGY
THEORY
7
MARKET ORGANIZATION, DYNAMICS AND INNOVATION
7
Spring semester
Credits
ACCOUNTING
8
STRATEGIC MANAGEMENT
8
MARKETING
8
FINANCIAL MARKETS AND INTERMEDIARIES
8
41
To avoid large classes in the I, II and III year there are three or four sections of each course.
Contact hours involve a variety of activities, such as lectures, case studies and seminars.
Full-time attendance is mandatory.
The final examinations for each course are oral and sometimes written. Written tests may on
occasion be given during the course.
Exchange students coming to LUISS Guido Carli for a semester or for a year are free to take the
courses they are interested in at Bachelor level, as long as they have the necessary
prerequisites.
Please note that LUISS Guido Carli students take 30 credits for semester including two
languages courses. We suggest that guest students do not take more than the average
working load.
42
▌DESCRIPTION OF COURSES
(Alphabetical Order)
Bachelor Courses
1 a/b/c/d
E1-Acc1a/b/c/d-B: ACCOUNTING
Spring semester; 70 lectures; 7 hrs per week; 8 credits
The purpose of the course is to complete students' knowledge of accounting language and how to
prepare financial statements. Taking as a point of departure the examination of a business'
activities, the course will analyse the financial and economic elements that comprise the
balance sheet and will examine the relevant legal and tax rules in this regard.
Prerequisites:
Other activities:
Assessment:
Professors:
Business Administration
practical work, case studies
written and oral exam
Onesti, Laghi, Pinto, Sarcone
Textbooks:
Onesti:
P.Onida, La logica e il sistema delle rilevazioni quantitative d'azienda, Giuffrè, Milano;
G. Zanda, Il bilancio delle società. Lineamenti teorici e modelli di redazione, Giappichelli,
Torino.
Laghi:
P. Onida, La logica e il sistema delle rilevazioni quantitative d'azienda, Giuffrè, Milano, 1974. P.
Capaldo, Reddito, capitale e bilancio di esercizio. Una introduzione, Giuffrè, Milano, 1998;
G. Zanda, Il bilancio di esercizio delle società, Giappichelli, Torino, 2007;
G. Zanda, Il bilancio di esercizio delle società, Giappichelli, Torino, 2007.
Pinto:
Ferrero, Dezzani, Pisoni, Puddu, Campra, Contabilità e Bilancio d'Esercizio, Giuffrè Editore
(latest edition);
or
Cerbioni, Cinquini, Sostero, Contabilità e bilancio, McGraw-Hill (latest edition).
Further material will be provided during the semester.
Sarcone:
C. Caramiello, Ragioneria Generale ed Applicata, Mursia;
S. Sarcone, Il bilancio di esercizio nella disciplina civilistica, Aracne;
Further material will be provided on http://docenti.luiss.it/sarcone.
43
2
E3-B2-B: BANKING
Fall semester; 70 lectures; 7 hrs per week; 8 credits
The purpose of the course is to teach students the basics about banking and how financial
markets work. Main topics: aspects of the theory of intermediation, banking and supervision,
organisation of banking, banking contracts, analysis of bank financial statements, risk
management in banking, aspects of management controls and performance measurement and
asset management: role and economics in the bank.
Prerequisites
Other activities
Assessment
Professor
Corporate Finance
practical work, exercitations
oral exam
written tests during the semester
Comana
Textbooks:
Corigliano R. (a cura di), L’intermediazione finanziaria: strutture, funzioni e controlli, Bonomia
University Press, Bup, Bologna, 2002.
Ruozi R., Economia e gestione della banca, Egea, Milano, 2003.
Saunders A., Cornett M.H., Anolli M., Economia degli intermediari finanziari, McGraw Hill,
Milano, 2004.
3
E3-BL3-B: BANKING LAW
Spring semester; 70 lectures; 6 hrs per week; 8 credits
The course will focus on banking law and procedures. Legislation and banking. Regulatory
instruments. Banking and Finance. Financial intermediaries and non-banking intermediaries.
Bank and industry. Banking crises and solutions.
Prerequisites:
Other activities:
Assessment:
Professor:
Italian Civil Law
practical work, seminars (guest speakers)
oral exam
Pellegrini
Textbooks:
AA.VV., L’ordinamento finanziario italiano, a cura di Capriglione, Padova, Cedam, 2005.
4
E3-BrptL4-B: BANKRUPTCY LAW
Spring semester; 35 lectures; 3 hrs per week; 4 credits
The course examines bankruptcy and other insolvency proceedings, with particular reference to
alternative procedures and fraudulent transfer/preference. Prospects for reform of insolvency
law.
Prerequisites:
Assessment:
Professor:
Business Law
oral exam
Di Brina
Textbooks:
E. Bertacchini et al., Manuale di diritto fallimentare, Milano, Giuffrè, 2007;
44
Sandulli, La crisi dell'impresa, Giappichelli, 2007.
5a
E1-BA5a-B: BUSINESS ADMINISTRATION
Fall semester; 70 lectures; 7 hrs per week; 8 credits
Definition and study of the components of the business system and its behaviour. Legal person
and business enterprise. Economic balance and business and infra-business economics.
Efficiency. Study of efficiency and its indicators. Elements of management. Sources of funding
and financial structure.
Assessment:
Professor:
oral exam
Zanda
Textbooks:
G. Zanda, Lineamenti di Economia aziendale, III edizione, Kappa.
5b
E1-BA5b-B: BUSINESS ADMINISTRATION
Fall semester; 70 lectures; 7 hrs per week; 8 credits
The course is divided into four parts: I. Business administration, the concept of business and the
relationship between business and the outside world; II. The management and organisation of
the business; III. Management information; IV. The system of family businesses in the Italian
economy.
Assessment:
Professor:
written and oral exam
Fiori
Textbooks:
Caramiello C., L’azienda (alcune brevi riflessioni introduttive), Giuffré, Milano, 1993.
Caramiello C., Capitale e reddito (operazioni di gestione e “dinamica dei valori”), Giuffré,
Milano, 1993.
Cavalieri E., Lezioni di economia aziendale, Roma, Kappa, 1993.
Fiori G., Corporate governance e qualità dell’infromazione esterna d’impresa, Milano, Giuffré,
2003.
5c
E1-BA5c-B: BUSINESS ADMINISTRATION
Fall semester; 70 lectures; 7 hrs per week; 8 credits
Introduction to business administration. The business. Management and dynamics of value.
Accounting and administrative systems. Management conditions. Analysis of strategic risk.
Other activities:
Assessment:
Professor:
case studies, seminars, guest speakers
written and oral exam
Di Lazzaro
Textbooks:
Caramiello C., Capitale e reddito, Giuffré, Milano, 1993.
Caramiello, L’azienda, Giuffré, 1993.
Di Lazzaro F., La performance del valore, Giappichelli, 2003.
45
Di Lazzaro, Malagrinò, Esercizi svolti di economia aziendale, Giappichelli, 2006.
5d
E1-BA5d-B: BUSINESS ADMINISTRATION
Fall semester; 70 lectures; 7 hrs per week; 8 credits
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
The business system and its characteristics
The aims of the business
The identity of the business
The organisational set up of the business
Capital and income: an introduction
The logic and system of values connected with management operations
The circuit of management operations
Funding
The acquisition of the factors of production
Sale
Recording transactions and financial statements
The accruals principle
Income for the financial year and associated working capital
Rules governing statutory financial statements: an introduction
The double entry system of accounting as applied to income
Recording the main transactions
Conditions for the economic and financial balance of the business
Assessment:
Professor:
oral and written exam
Musaio
Textbooks:
C. Caramiello, L'azienda, Milano, Giuffrè;
C. Caramiello, Capitale e reddito, Milano, Giuffrè;
C. Caramiello, Ragioneria generale e applicata, vol. I, Milano, Mursia.
6
E3-BCT6-B: BUSINESS CONSULTING TECHNIQUES
Fall semester; 70 lectures; 7 hrs per week; 8 credits
The course consists of an in-depth examination of some professional areas from a theoretical
point of view together with an analysis of specific concrete cases in order to equip students with
the methodological tools they require to analyse various business situations. More specifically,
the course analyses business crises and insolvency procedures, business valuation and operations
like mergers and acquisitions.
Prerequisites:
Other activities:
Assessment:
Professor:
Business Methods and Ratios
case studies, exercitations
oral exam
Staffa
Textbooks:
L. Guatri, La valutazione delle aziende: teoria e pratica a confronto, Ed. Egea;
L.Guatri , Turnaround: declino, crisi e ritorno al valore,. Ed. Egea;
L. Potito, Le operazioni straordinarie nell'economia delle imprese,. Ed. Giappichelli;
Codice Civile - Legge fallimentare 16.03.1942 e successivi aggiornamenti.
46
7
E2 –BE7-B: BUSINESS ECONOMICS
Fall semester; 70 lectures; 7 hrs per week; 8 credits
The firm in the neo-classical theoretical system. Theory of production. Theory of costs of
production. Market behaviour of the firm. The limits of the neo-classical description of the
production process: the funds and flows model. The debate on the nature of the firm and the
contribution of: Knight on risk, uncertainty and profit; Coase on market use costs. Principal
agent relations. Managerial theories on the firm. Behavioural theories of the firm: the
contributions of Simon, Cyert and March. General theory of X-efficiency: Leibenstein.
Evolutionary theories of the firm: Nelson and Winter. Theories of the firm and the problems of
the choices linked to sizing and strategic conduct. Reflection on some unresolved issues, among
which: reversibility and irreversibility of resources; measure, quality and economic process.
Prerequisites:
Other activities:
Assessment:
Professors:
Microeconomics
practical work
written and oral exam
Gros-Pietro
Textbooks:
Grillo M., Silva F., Impresa, concorrenza e organizzazione, Carocci, Roma.
8 a/b/c/d
E2-BL8a/b/c/d-B: BUSINESS LAW
Spring semester; 70 lectures; 7 hrs per week; 8 credits
Main topics: Historical development and sources of commercial law. The entrepreneur. The
imputation of business activities. Agricultural and commercial entrepreneurs. Small businesses.
The legal status of a commercial entrepreneur. The Registrar of Companies. Compulsory bookkeeping. Collaborators of the commercial entrepreneur: chief executive officers, attorneys-infact, sales staff.
The company and its distinctive markings (brand name, logo and trade mark). Consortia among
businesses. The market and anti-trust law. Credit securities. Banking contracts. Companies.
General considerations. Partnerships: simple companies, general partnerships, limited
partnerships. Joint-stock companies: notion, incorporation, shares, bonds, financial instruments,
organisation and decision-making processes. Limited liability companies: notion and
incorporation, shares and debt securities, organisation and decision-making processes.
Partnerships limited by shares. Transformation, merger and de-merger. Cooperative societies.
Listed companies. Corporate crises: bankruptcy, insolvency, supervised administration, special
administration for large corporations in crisis and compulsory winding-up.
Prerequisites:
Assessment:
Professor:
Italian Civil Law
written and oral exam
Niccolini, De Angelis, Lerner, Palmieri
Textbooks:
Niccolini:
G.F. Campobasso, Diritto Commerciale.1. Diritto dell’impresa, 5th edition, Utet, 2006;
G.F. Campobasso, Diritto Commerciale.2. Diritto delle società, 6th edition a cura di M.
Campobasso, Utet, 2006;
47
G.F. Campobasso, Diritto Commerciale .3. Contratti. Titoli di credito. Procedure concorsuali,
4th edition, Utet, 2008 (pages 103-166 and 245-452);
or
G. Ferri, Manuale di diritto commerciale, 12th edition, a cura di C. Angelici e G.B. Ferri, Utet,
2006, (pages 3-610, 635-714, 815-859);
or
V. Buonocore (a cura di), Manuale di diritto commerciale, 8th edition, Giappichelli, 2007, (pages
3-691 and 1063-1274).
De Angelis:
A full list will be provided at the beginning of the semester.
Lerner:
For the part concerning companies: Associazione Disiano Preite, Il diritto delle società, Il
Mulino, Bologna, 2006.
For the part concerning business, banking contracts, credit instruments and insolvency
proceedings: G. F. Campobasso, Manuale di diritto commerciale, Utet, Turin, 2007, pages 10 –
107, 445- 465 and 517-633.
For the credit relating to Navigation Law: the entry in Enciclopedia Giuridica Treccani, Armatore
ed esercente di nave e di aeromobile, by A. Lefebvre D'Ovidio.
Palmieri:
G.F. Campobasso, Manuale di Diritto commerciale - IV edizione a cura di Mario Campobasso,
UTET 2007.
9
E2-BMR9-B: BUSINESS METHODS AND RATIOS
Fall semester; 70 lectures; 7 hrs per week; 8 credits
The course is divided into three fundamental parts: I. The construction and interpretation of
balance sheet indices; II. The representation and interpretation of the financial dinamics of a
business; III. Appraisal of business performance through the analysis of the economic value of
the capital.
Prerequisites:
Other activities:
Assessment:
Professor:
Accounting
practical work
written and oral exam
Potito
Textbooks:
C.Caramiello, F.Di Lazzaro, G.Fiori, Indici di bilancio, Milano, Giuffrè, 2003.
Potito, Le operazioni straordinarie nell'economia delle imprese, second edition, Giappichelli,
2006.
10 a
E2-BO10a-B: BUSINESS ORGANISATION
Spring semester; 70 lectures; 7 hrs per week; 8 credits
Review of organisation theory. Strategy - structure relationship. Organisational planning.
Macrostructures. Microstructures. Organisational models. Organisational change. Organisational
controls. Strategic management of human resources.
48
Prerequisites:
Other activities:
Assessment:
Professor:
Accounting
case studies, practical work
oral exam
tests during the semester
Casalino
Textbooks:
Daft R.L., Organizzazione aziendale, third edition, Apogeo, 2007;
Costa G., Gubitta P., Organizzazione aziendale, second edition, McGraw-Hill, 2008;
Tomasi D. (a cura di), Organizzazione d'Azienda. Materiali di studio, Giappichelli, Torino, 2006.
Recommended readings:
Mintzberg H., Structures in fives. Designing effective organizations, Englewwod Cliffs, Prentice
Hall, 1983 (trad. it. La progettazione dell'organizzazione aziendale, Il Mulino, 1985);
Simon H.A., A formal Theory of the Employment Relation, 1951 (trad. it. Causalità, razionalità,
organizzazione, Il Mulino, 1985);
Simon H.A., Administrative Behavior, McMillan, New York, 1947 (trad. it. Il comportamento
amministrativo, Il Mulino 1958);
Thompson J.D., Organizations in action, MacGraw-Hill, 1967 (trad. it. L'azione organizzativa,
Isedi, Torino, 1988).
10 b
E2-BO10b-B: BUSINESS ORGANISATION
Spring semester; 70 lectures; 7 hrs per week; 8 credits
The course is divided into four parts, each corresponding to a part of the course material. The
first part focuses on basic concepts, and more specifically, the main techniques and methods:
systems theory, network analysis, decision-making theory and complexity theory. The second
part is designed to explain the principles and methods of organisational planning and deals with
interdependence theory, grouping theory and coordination theory, while also going into the role
of technology and knowledge as well as the problem of size at both the micro (organisational
unit) and macro (entire structure) levels. The second part also addresses the problem of the
extent of supervisory control, company size and the degree of formalisation. The third part
provides an overview of the main models of inter- and intra-organisational layouts, within both
for-profit and non-profit organisations. Lastly, the fourth part focuses on problems of
organisational change, the morphological evolution of structures and the role of informationtechnology in planning and in changes within organisations, with special emphasis on knowledge
management.
Prerequisites:
Assessment:
Professor:
Accounting
written exam
Decastri
Textbooks:
Tomasi D. (a cura di), Organizzazione d'Azienda. Materiali di studio, Giappichelli, Torino, 2006.
Recommended readings:
Costa G., Gubitta P., Organizzazione aziendale, second edition, McGraw-Hill, 2008;
Daft R. L., Organizzazione Aziendale, third edition, Apogeo, 2007;
Costa G., Nacamulli R., Manuale di organizzazione aziendale, vol. 1, Utet, 2005;
Mintzberg H., Structures in fives. Designing effective organizations, Englewwod Cliffs, Prentice
Hall, 1983 (trad. it. La progettazione dell'organizzazione aziendale, Il Mulino, 1985);
Simon H.A., A formal Theory of the Employment Relation, 1951 (trad. it. Causalità, razionalità,
organizzazione, Il Mulino, 1985);
49
Simon H.A., Administrative Behavior, McMillan, New York, 1947 (trad. it. Il comportamento
amministrativo, Il Mulino 1958);
Thompson J.D., Organizations in action, MacGraw-Hill, 1967 (trad. it. L'azione organizzativa,
Isedi, Torino, 1988).
11 a/b/c/d
E1-CS11a/b/c/d-B: COMPUTER SCIENCE
Annual course; 70 lectures; 7 hrs per week; 6 credits
Theory: Introduction to computer science. Data elaboration systems. Acquisition and
presentation of data. Files and databases. Software. Analysis of information systems. Design of
information systems. Practice : Exercises in: practical use of the personal computer; DOS
commands; use of "Windows"; use of word processor; use of electronic sheet; use of DBMS.
Other activities:
Assessment:
Professors:
Practical work
written and oral exam
Olivieri, Spagnoletti, Vituzzi, Draoli
Textbooks:
First semester:
For the workshop portion, students should use one of the textbooks approved by AICA for ECDL
Core (visit the site www.ecdl.it). A self-study system is also available in some university
computer rooms. Contact a tutor during the first semester for more details.
Second semester:
Olivieri:
Curtin D.P., Foley K., Sen K., Morin C., Informatica di base, McGraw-Hill, Libri Italia, 2000;
Mertens P., Bodendorf F., Carignani A., D'Atri A. et al., Tecnologie dell'informazione e della
comunicazione per le aziende, McGraw-Hill Libri Italia, 2003.
Lecture notes be provided at the beginning of the course.
Spagnoletti, Vituzzi and Draoli:
Mertens P., Bodendorf F., Carignani A., D'Atri A. et al., Tecnologie dell'informazione e della
comunicazione per le aziende, McGraw-Hill Libri Italia, 2003.
Lecture notes be provided at the beginning of the course.
12 a
E2-CF12a-B: CORPORATE FINANCE
Spring semester; 70 lectures; 7 hrs per week; 8 credits
The aim of the course is to teach students about: 1) the tools used for financial management of
a business, with particular reference to the bank-business-market relationship, and in this
context innovative tools for a dynamic management of company revenues are examined; 2)
methods to record, control and mitigate risks as well as the use of derivatives; 3) valuation of
investments and more in general the appraisal of a business in accordance with the methods
currently in use. The technical and practical aspects will be accompanied by an overview of
theory concerning the financial structure of a business, the concept of cash flow and the cost of
capital.
50
Prerequisites:
Other activities:
Assessment:
Professor:
Accounting
practical work, cases analysis, individual project
oral exam
Monti
Textbooks:
Monti E., Manuale di Finanza per l’Impresa, Teoria e pratica UTET 2005.
Lecture notes will be provided at the beginning of the course.
12 b
E2-CF12b-B: CORPORATE FINANCE
Spring semester; 70 lectures; 7 hrs per week; 8 credits
The objective of the course is to teach students the basics of the theory of finance and its
application at company level. Principal topics: introduction to the principles of corporate
finance, measuring company performance, valuation of investments, raising funds, financial
structures, venture capital, private equity, IPOs, mergers, acquisitions and corporate
governance.
Prerequisites:
Other activities:
Assessment:
Professor.
Accounting
practical work, cases analysis, individual project
written and oral exam
Spisni
Textbooks:
Brealey R.A., Myers S.C., Sandri S., Principi di Finanza Aziendale, McGraw-Hill Italia, 2003.
Sandri S., Finanza aziendale. Temi di esame, Pitagora Editore.
12 c
E2-CF12c-B: CORPORATE FINANCE
Spring semester; 70 lectures; 7 hrs per week; 8 credits
Corporate finance. Financial planning. Investment decisions. Assessment of risk and yield in
planning capital investments. Financial management of businesses. The budget. Treasury
management. Business risks and hedging against them. Raising resources to meet financial needs
and self-financing. The external workings of a business. Evaluation of overall business
profitability with respect to alternative yields offered by capital markets: EVA (Economic Value
Added). Financial analysis. Appraisal of a business.
Prerequisites:
Other activities:
Assessment:
Professor:
Accounting
practical work, cases analysis, individual project
written and oral exam
Milano
Textbooks:
Brealey R.A., Myers S.C., Sandri S., Principi di Finanza Aziendale, McGraw-Hill Italia, latest
edition.
Milano F., Corso di Finanza Aziendale, LUISS Guido Carli 2007 (material given during the course).
51
12 d
E2-CF12d-B: CORPORATE FINANCE
Spring semester; 70 lectures; 7 hrs per week; 8 credits
•
•
•
•
•
•
•
•
•
•
•
•
The objectives of corporate finance
Financial analysis and planning
Net current value
Valuation of equity and bonds using discounted cash flow
Methods of valuing investments
Risk diversification and portfolio theory
Using CAPM to estimate capital opportunity costs: beta equity, beta debt and beta asset
Ensuring that managers maximise Van
Funding through equity capital: venture capital and stock exchange listing
Dividend distribution policy and the role of taxation
Optimal financial structure (I)
Mergers and acquisitions
Prerequisites:
Other activities:
Assessment:
Professor:
Accounting
practical work, cases analysis, individual project
written and oral exam
Bozzi
Textbooks:
R. Brealey, S. Myers, S. Sandri, Principi di Finanza Aziendale, McGraw Hill Libri Italia, 2006, V
edition;
S. Sandri, Finanza Aziendale. Temi di esame, Pitagora Editore.
13
E3-CAA13-B: COST ACCOUNTING AND ANALYSIS
Spring semester; 35 lectures; 3 hrs per week; 8 credits
Main topics: 1) Planning and internal control systems: The meaning and goals of corporate
measurements; Planning and internal control within corporations; Strategic planning, supervision
by management and supervision at the operating level; Quantitative findings in determining the
degree of efficiency and productivity. 2) Introductory concepts and cost configurations: Variable
and fixed costs; Special and common costs; Direct and indirect costs; Controllable and noncontrollable costs; cost configurations; The problem of the imputation of indirect costs. 3)
Traditional cost analysis methods to determine the degree of efficiency and productivity:
Purposes of direct costing; Traditional direct costing and advanced direct costing; The margin of
contribution in compared profitability analysis; The variability of costs in the long term;
Purposes of full costing; Full costing on a single and multiple basis, bases and sharing
coefficients; Full costing for cost centres; Full costing in the valuation of profitability: potential
and limits. 4) Cost analysis methods for specific decision-making situations: Operating structure
and break-even point; Operating leverage; Cost/volumes/price ratios; Make or buy decisions;
Product mix decisions; Decisions on the introduction/removal of products; The impact of the
time span on information underlying decision-making. 5) Cost analysis methods for activity-based
management: Activity-based management and activity-based costing; Purposes of activity-based
costing; Activities and processes; Cost, activity and process drivers; The contribution margin by
activity.
Other activities:
Assessment:
Professor:
case studies
oral exam
Bastia
52
Textbooks:
Bastia P., Analisi dei costi. Evoluzione degli scopi conoscitivi, Clueb, Bologna, 1996.
Bastia P., Sistemi di pianificazione e controllo, Il mulino, Bologna, 2001.
Bastia P., Il budget d’impresa, Clueb, Bologna, 1989.
14
E2-E14-B: ECONOMETRICS
Spring semester; 35 lectures; 3 hrs per week; 6 credits
The purpose of the course is to provide students with a body of basic techniques and tools for
applied research and for understanding specialist literature: econometrics as a professional too,
aspects of algebra and statistics with particular reference to checking hypotheses, systematic
study of the general model of regression, overview of some specific issues and in-depth
discussion of selected articles from economic literature.
Prerequisites
Other activities
Assessment
Professor
Macroeconomics
Statistics
practical work
oral and written exam
Cubadda
Textbooks:
Stock James H., Watson Mark W. (edizione italiana a cura di Peracchi F.), 2005, Introduzione
all'econometria, Pearson Education Italia.
15/2
E2-EH15/2-B: ECONOMIC HISTORY
Fall semester; 70 lectures; 7 hrs per week; 6 credits
The object of the course is an in-depth study of the interrelationship between theory and
economic events with particular reference to the following topics: economic systems and cycles,
the various stages of industrialisation, continuity and discontinuity in development processes,
the evolution of underdevelopment and sustainable development, the contemporary economy
and the managerial revolution, the international monetary system and EMU.
Other activities:
Assessment:
Professor:
seminars
oral exam
Di Taranto
Textbooks:
A.A.V.V., Storia dell’economia mondiale, Monduzzi, Bologna, 2000.
Magnifico G., L’euro. Ragioni e lezioni di un successo sofferto, Luiss University Press, Roma,
2005.
15/3
E3-EH15/3-B: ECONOMIC HISTORY
Fall semester; 70 lectures; 7 hrs per week; 6 credits
After an introduction of a theoretical and methodological nature, the course will be divided into
three parts. I. Joining Europe, which analyses the process that led to Italy becoming one of the
most advanced countries in Europe. II. Primacy in Europe, which analyses the conditions that
permitted the Italian economy to achieve top growth rates in the post-war years. III. Integration
53
in Europe, which studies the final stages of the 20th century that witnessed Italy's integration
into the European economic system.
Other activities:
Assessment:
Professor:
seminars
oral exam
Palermo
Textbooks:
A.A.V.V., Storia dell’economia mondiale, Monduzzi, Bologna, latest edition;
Magnifico G., L’euro. Ragioni e lezioni di un successo sofferto, LUISS University Press, Roma,
2005.
16 a
E3-EP16a-B: ECONOMIC POLICY
Fall semester; 70 lectures; 7 hrs per week; 8 credits
Rationality in economics. The logical chain of analysis, transmission mechanisms and interaction
between spontaneous forces. The two models explaining transmission mechanisms. In-depth
analysis of: real and financial accounting, competitiveness of countries, exercises on models,
creation of money and financial innovation. Italy as a laboratory for economic policy. The yield
curve.
Prerequisites:
Assessment:
Professor:
Macroeconomics
oral exam
Neri
Textbooks:
A complete reading list will be provided at the beginning of the course.
16 b
E3-EP16b-B: ECONOMIC POLICY
Fall semester; 70 lectures; 7 hrs per week; 8 credits
The economist's resources: language, theories and institutions. The markets for goods and
services, money, labour, savings and investments in neo-classical and Keynesian models. Open
economies and the international monetary system. The European Union and EMU. Fiscal and
monetary policy in Europe. The analysis of economic policy and understanding the financial
press.
Prerequisites:
Other activities:
Assessment:
Professors:
Macroeconomics
seminars
written and oral exam
Viviani
Textbooks:
Savona P., Politica Economica e New economy, McGraw-Hill, 2002;
an up-to-date macroeconomic textbook for basic principles. Other reading material will be
recommended from time to time.
54
16 c
E3-EP16c-B: ECONOMIC POLICY
Fall semester; 70 lectures; 7 hrs per week; 8 credits
The economist's resources: language, theories and institutions. The markets for goods and
services, money, labour, savings and investments in neo-classical and Keynesian models. Open
economies and the international monetary system. The European Union and EMU. Fiscal and
monetary policy in Europe. The analysis of economic policy and understanding the financial
press.
Prerequisites:
Other activities:
Assessment:
Professors:
Macroeconomics
seminars
written and oral exam
De Santis
Textbooks:
Savona P., Politica Economica e la New economy, McGraw-Hill, 2002.
Recommended readings:
Gabriele Giudice, Andrea Montanino, Il Patto di Stabilità e Crescita, Rivista di Politica
Economica, luglio-agosto 2003. (available on the university website);
Ministero dell'Economia e delle Finanze, Libro Verde sulla spesa pubblica, cap. 1, settembre
2007(available on the university website);
Stiglitz J., Economia del settore pubblico, Hoepli, 2003.
17
E2-EFI17-B: ECONOMICS AND FINANCIAL INTERMEDIARIES
Fall semester; 70 lectures; 7 hrs per week; 6 credits
Il corso si propone di fornire conoscenze in tema di: mercati, strumenti e intermediari finanziari.
Nell’analisi dei mercati si tratteranno le principali forme organizzative, con particolare
attenzione alla formazione dei prezzi e alle condizioni di efficienza. Nell’analisi degli strumenti
si inquadrerà la loro tipologia, con riferimento ai bisogni finanziari degli operatori,
soffermandosi sulle caratteristiche di rendimento/ rischio. Nell’analisi degli intermediari
verranno illustrate le problematiche di gestione, con specifico riferimento ai rischi e alle
condizioni di equilibrio economico finanziario e patrimoniale.
Prerequisites:
Assessment:
Professor:
Corporate Finance
oral exam, mid-term attendance evaluation
Boido
Textbooks:
Cornett-Saunders-Anolli , Economia degli Intermediari finanziari, second edition Mc Graw Hill chapters 1-2 -3 -5-6-7 (first part), 9-10-11.3(pages 377-385) -12-15-16(second part). Chapters 48-11-13-14 are excluded.
18
E3-EMBI18-B: ECONOMICS AND MANAGEMENT OF BUSINESS INNOVATION
Spring semester; 35 lectures; 3 hrs per week; 6 credits
The persons involved in the process of innovation and their respective roles. The sources of
knowledge. The various types of innovation. Relationships with global and local competition.
Forms of collaboration in innovation projects. Design management. Certain financial aspects and
55
implications in financial statements. Intellectual property, its protection and enhancement.
Risks and critical issues in innovation.
Assessment:
Professor:
oral exam
Pistella
Textbooks:
The material will be provided at the beginning of the semester.
19
E3-EMIE19-B: ECONOMICS AND MANAGEMENT OF INTERNATIONAL ENTERPRISES
Spring semester; 70 lectures; 6 hrs per week; 8 credits.
International development strategies. The theories and paradigms of internationalisation.
Decisive factors in deciding to internationalise. Culture of contexts and international relations
among enterprises. Methods for implementing international development strategies. Traditional
routes and the 'new ways' of international development. Entry into 'difficult' markets. The
opportunities afforded by markets in eastern Europe. Penetration in markets and economies in
translation. Methods for entering China. Attractiveness of regional integration areas. The
possibilities offered by the Euro-Mediterranean Partnership. Outsourcing and coordination in
intra-organisational networks: outsourcing options and forms of international networking.
Determining factors in deciding to outsource. New forms of outsourcing. Coordination and
development of learning processes. Financing international enterprises. The growing importance
of financial activities in the economic system and in enterprises. Project financing. Financial
centres for regulating complexity. Credit risk. Country risk and system risk. Financial
immunisation techniques and hedging financial risks. Derivatives and financial engineering.
Prerequisites:
Other activities:
Assessment:
Professor:
Accounting
practical work, seminars, guest speakers
oral exam
Ferretti
Textbooks:
Calvelli, Scelte di Impresa e Mercati Internazionali, Giappichelli Torino, 1998, chapters. 1, 2, 4;
Caroli M. (a cura di), Economia e gestione delle imprese internazionali, McGraw Hill, Milano
2007 chapters 1 (par. 1.1, 1.2, 1.3), 2, 5, 7;
Valdani - Bertoli, Mercati Internazionali e Marketing, EGEA Milano, 2006 (second edition),
chapters 4 and 5.
20
E3-EMPPU20-B: ECONOMICS AND MANAGEMENT OF PROVIDERS (OF PUBLIC UTILITY)
Spring semester; 70 lectures; 7 hrs per week; 6 credits
The object of the course is to provide the student with the fundamental economic and operative
knowledge of the service sector as well as equipping the student with the strategic management
tools and policies necessary to manage service companies.
The programme shall cover the following matters: the services economy; the nature of services;
the behaviour of consumers and purchasers of services; information systems of service
companies; segmentation of the market; positioning of the companies and the services;
marketing and the marketing mix of service companies; the concept of service; the
development of new services; the yardstick in fixing prices; price policy; access to services and
distribution policies; communication and promotion in the service sector; personal sale, sales
advertising and promotion; the process of producing and delivering a service; human resources
56
management; the physical environment and material resources. In the specific parts of the
programme shall cover the public services and the health care services.
Other activities:
Assessment:
Professor:
seminars, guest speakers, cases analysis
oral exam
written and oral tests during the semester
Marcuccio
Textbooks:
The material will be provided at the beginning of the course.
21 a
E2-FM21a-B: FINANCIAL MATHEMATICS
Fall semester; 70 lectures; 7 hrs per week; 8 credits
Financial transactions. The money market. Structure of prices and interest rates on the money
market. Laws and financial regimes. Equivalent rates. Nominal rates. Yield at maturity.
Compound financial transactions. Current values and amount of an annuity. Classification of an
annuity. Current values and amounts under various financial regimes. Problems arising from
fixed annuities: finding the current value, the instalment, the number of instalments, the
interest rate. Time-based and variability indices. Setting up capital. General outline of the
transaction. Typical problems in setting up capital. Amortisation of loans. Elementary and
financial layouts. Amortisation methods. Usufruct and bare ownership. Divided loans.
Amortisation of bond issues. Appraisal and choice of economic and financial projects. REA, TIR
and TRM principles.
Prerequisites:
Other activities:
Assessment:
Professor:
Mathematics 1-2
practical work
written and oral exam
Olivieri
Textbooks:
Bortot, Magnani, Olivieri, Rossi, Torrigiani, Matematica finanziaria, Ed Monduzzi.
21 b
E2-FM21b-B: FINANCIAL MATHEMATICS
Fall semester; 70 lectures; 7 hrs per week; 8 credits
Financial regimes and laws. Equivalent rates. Separability of financial laws. Principle of financial
balance. Guaranteed yields and amortisation of undivided and divided loans. Evaluation of a
loan. Remainder/reversionery interests. Usufruct. The structure of term rates. Principle of
market coherence. Atypical forms of financing. The evaluation of economic-financial
transactions. The TIR and REA criteria. The payback period. The TRM.
Prerequisites:
Other activities:
Assessment:
Professor:
Mathematics 1-2
practical work
written and oral exam
written tests during the semester
De Angelis
Textbooks:
F. Cacciafesta, Lezioni di matematica finanziaria classica e moderna, Giappichelli, third
edition, 1997;
57
P.Bortot, U. Magnani, G.OLivieri, M. Torrigiani, Matematica Finanziaria, Monduzzi editore 1993;
F. Moriconi, Matematica finanziaria, il Mulino 1998;
S. Coppini, M. Micocci, F. Spandonaro, Esercitazioni di matematica finanziaria, CISU, Roma,
1997.
21 c
E2-FM21c-B: FINANCIAL MATHEMATICS
Fall semester; 70 lectures; 7 hrs per week; 8 credits
Financial transactions. The money market. Structure of prices and interest rates on the money
market. Laws and financial regimes. Equivalent rates. Nominal rates. The strength of interest as
a result of laws with two and three variables. Yield at maturity. Separability of financial laws.
Examination of separability through the strength of interest.
Compound financial transactions. Current values and amount of an annuity. Classification of an
annuity. Current values and amounts under various financial regimes. Problems arising from
fixed annuities: finding the current value, the instalment, the number of instalments, the
interest rate. Time-based and variability indices.
Setting up capital. General outline of the transaction. Typical problems in setting up capital.
Amortisation of loans. Elementary and financial layouts. Amortisation methods. Usufruct and
bare ownership. Divided loans. Amortisation of bond issues.
Valuation and choice of economic and financial projects. Principle of the REA, TIR and TRM.
Duration, volatility and convexity of cash flow.
Prerequisites:
Other activities:
Assessment:
Professor:
Mathematics 1-2
practical work
written and oral exam
Staffa
Textbooks:
Bortot, Magnani, Olivieri, Rossi, Torrigiani, Matematica finanziaria, Monduzzi, 1998.
21 d
E2-FM21d-B: FINANCIAL MATHEMATICS
Fall semester; 70 lectures; 7 hrs per week; 8 credits
Financial transactions. Capital markets. Structure of prices and interest rates in capital markets.
Laws and financial regimes. Equivalent rates. Nominal rates. Term yields. Structured financial
transactions. Present value and future value of an annuity. Classification of annuities. Present
and future value in different financial regimes. Issues concerning constant annuities: search for
present value, instalments, number of instalments and interest rate. Temporal and variability
indices. Establishment of a capital. General structure of the operation. Typical problems in
establishing a capital. Repayment of loans. Basic and financial aspects. Repayment methods.
Life interests and remainder interests. Assessment of economic/financial projects. The REA, TIR
and TRM criteria.
Prerequisites:
Other activities:
Assessment:
Professor:
Mathematics 1-2
practical work
written and oral exam
Foschini
Textbooks:
Bortot, Magnani, Olivieri, Rossi, Torrigiani, Matematica finanziaria, Monduzzi, 1998.
58
22
E3-HEBO22-B: HISTORY OF ENTERPRISE AND BUSINESS ORGANISATION
Spring semester; 70 lectures; 7 hrs per week; 4 credits
The entrepreneur in the Continental European and Anglo-American traditions. The theories of
Marshall, Knight and Schumpeter. The dynamic view of enterprise: ownership, expansion and
strategy from Berle and Means to Chandler's Visible Hand. The neo-Keynesian approach and
recent managerial and behavioural theories. Contextualisation: training of human capital,
institutions, financial systems and ethical factors. Size and performance of enterprises. Large
management led businesses. Chandler's paradigm, economies of scale and first movers.
Multinationals. Globalisation, the knowledge economy and metanational businesses. Companies
without factories and outsourcing. The organisation of labour in capitalist enterprises.
Taylorism, Fordism, Toyotaism and flexible forms of production: business networks and districts.
R&D. Marketing and business between theory and history: from consumer sovereignty to
customer satisfaction. Business in the transition from national sovereignty to a transnational
market.
Other activities:
Assessment:
Professor:
seminars
oral exam
Di Vaio
Textbooks:
P.A. Toninelli, Storia dell’impresa, Il Mulino, 2006.
23 a
E3-IE23a-B: INDUSTRIAL ECONOMICS
Fall semester; 70 lectures; 7 hrs per week; 8 credits
Sequence of course subjects: 1) The emergence of industrial economics and its relationships
with other disciplines such as microeconomics, business economics (and corporate governance)
and the economics of competition. Forms of market: monopolies and regulation, perfect (or
almost perfect) competition, oligopolies and oligopolistic competition. 2) The structure –
conduct – performance paradigm. Market power and collusion, pricing and non-pricing strategies,
vertical relationships and advertising. Accessing and leaving the market, strategic behaviour,
external growth and development policies. 3) Notions of market regulation and the protection of
competition. 4) The development of the Italian economy from the domestic unit through to the
enlargement of the European Union.
Prerequisites:
Other activities:
Assessment:
Professor:
Microeconomics
seminars, practical work
oral exam
Martoccia
Textbooks:
C. Scognamiglio Pasini, Economia Industriale, LUISS University Press, 2006.
23 b
E3-IE23b-B: INDUSTRIAL ECONOMICS
Fall semester; 70 lectures; 7 hrs per week; 8 credits
Sequence of course subjects: 1) Introduction to industrial economics. 2) The emergence of
industrial economics and its relationships with other disciplines such as microeconomics,
59
business economics (and corporate governance) and the economics of competition. 3) Forms of
market: monopolies and regulation, perfect (or almost perfect) competition, oligopolies and
oligopolistic competition. 4) The structure – conduct – performance paradigm. 5) Market power
and collusion, pricing and non-pricing strategies, vertical relationships and advertising. 6)
Accessing and leaving the market, strategic behaviour, external growth and development
policies. 7) Market regulation and the protection of competition. 8) The institutional context:
rules and competition, the significant market, market power and dominant market positions, the
openness of markets.
Prerequisites:
Other activities:
Assessment:
Professor:
Microeconomics
seminars, practical work
oral exam
Scognamiglio
Textbooks:
Scognamiglio C., Economia Industriale, LUISS University Press 2006.
24
E3-ISB24-B: INFORMATION SYSTEMS FOR BUSINESS
Fall semester; 70 lectures; 7 hrs per week; 8 credits
The Information Technology, Databases and Databases Management Systems, Business
Information Systems, Information systems planning and reengineering.
Prerequisites:
Other activities:
Assessment:
Professor:
Computer Science
project work, cases studies, individual projects
oral exam
D’Atri
Textbooks:
R. L. Daft, Organizzazione Aziendale, third edition, Apogeo, 2007;
Teti, E. Cipriano, EUCIP - Il Manuale per l'informatico professionista - Certificazione Core level,
Hoepli, 2006.
Further material will be available on http://www.cersi.it/corsi.
Recommended readings:
K. Laudon, J. Laudon, Management dei sistemi informativi, Addison Wesley Longman Italia,
2006;
P. Atzeni, S. Ceri, S. Paraboschi, R. Torlone, Basi di dati - Modelli e linguaggi di interrogazione,
MacGraw-Hill, 2002.
25
E3-ICF25-B: INTERNATIONAL CORPORATE FINANCE
Spring semester; 35 lectures; 3 hrs per week; 4 credits
The course analyses the characteristic features of international corporate finance and applies
the principles of corporate finance to international business decisions. The main issues covered
are: 1) international financial and currency markets; 2) analysis and management of foreign
exchange risk; 3) multinationals' cross-border investment and finance decisions. Lectures will
also include in-class discussion of case studies.
Prerequisites:
Other activities:
Assessment:
Corporate Finance
practical work, case studies
oral exam
60
Professor:
Cervellati
Textbooks:
Cheol S. Eun-Bruce G. Resnick, International Financial Management, fourth edition, McGraw-Hill
Irwin, 2004.
26
E3-IE26-B: INTERNATIONAL ECONOMICS
Spring semester; 70 lectures; 7 hrs per week; 6 credits
The course is divided into two parts, the first of which is dedicated to an analysis of
international trade and production specialisation while the second is devoted to a
macroeconomic focus of open economies. The principal topics in the first part are: the
advantage of international trade; productivity differentials and the consequences for countries'
production specialisation; the effects of international trade on the distribution of national
income among the factors of production; national resources and international trade;
consequences for countries' production specialisation; imperfect competition and economies of
scale; new models of international trade, and the main trade policy tools. The second part will
cover: aspects of the national budget and balance of payments; money, interest rates and
exchange rates; price adjustment mechanisms and policy intervention in a system of fixed and
floating exchange rates.
Prerequisites:
Other activities:
Assessment:
Professor:
Macroeconomics
practical work, case studies
oral exam
Manzocchi
Textbooks:
Giorgio Barba Navaretti and Anthony J. Venables (eds.), Multinational Firms in the World
Economy, Princeton University Press (2004).
Other teaching materials (in particular for Points 3 and 4 of the Program), and the slides of the
lectures, will be made available for students.
Background Reference (not compulsory for students with some knowledge of International
economics) :
Paul R. Krugman, Maurice Obstfeld, International Economics, 2006.
27
E3-IM27-B: INTERNATIONAL MARKETING
Fall semester; 35 lectures; 3 hrs per week; 4 credits
Analysis of international marketing strategies and operations. During the initial part of the
course, special emphasis will be placed on market research and the study of consumer behaviour
from a socio-anthropological standpoint. The main course curriculum however focuses on
management processes and more specifically, the management of the main marketing activities
– such as product policies, pricing, communications and distribution – at the international level.
The sequence of the course subjects, divided into 8 teaching units, is as follows: 1) geo-political,
socio-economic and technological trends that impact international marketing strategies and
decisions; 2) international marketing strategies: from entry methods through to options for
placing marketing-mix policies in context; 3) international market research for analysing and
forecasting demand; 4) research on consumer behaviour: a socio-anthropological approach to
international market research; 5) positioning strategies and product policy management; 6)
pricing and price management on international markets; 7) advertising and other forms of
61
communications on international markets; 8) management of international trade and distribution
processes.
Prerequisites:
Assessment:
Professor:
Accounting
oral exam
Costabile
Textbooks:
Valdani E., Bertoli G., Mercati e marketing internazionali, Egea, 2003.
Lecture notes will be provided at the beginning of the course.
28 a/b/c/d
E1-ICL28a/b/c/d-B: ITALIAN CIVIL LAW
Spring semester; 70 lectures; 7 hrs per week; 8 credits
Content of the course: introduction, persons, family law, gifts and succession, property, real
rights and ownership, obligations, general principles of contracts, typical and atypical contracts,
tort, and protection of rights.
Other activities:
Assessment:
Professor:
seminars, practical work, guest speakers
oral exam
written tests during the semester
Pardolesi, Conte, Di Ciommo, Di Gravio
Textbooks:
Pardolesi:
Trimarchi, Istituzioni di diritto privato, Giuffrè, 2005;
Nivarra, Ricciuto, Scognamiglio, Istituzioni di diritto privato, Giappichelli, 2004;
Cooter, Mattei, Monateri, Pardolesi, Ulen, Il mercato delle regole. Analisi economica del diritto
civile, Il Mulino, 2006.
Conte:
Alpa, Manuale di diritto privato, V edition, Cedam, 2007; pages 1019 to 1051 excluded; pages
1063 to 1207 excluded; pages 1375 to 1405 excluded.
Di Ciommo:
Choice of one of the following:
P. Trimarchi, Istituzioni di diritto privato, Giuffré, Milano;
C.Scognamiglio - L.Nivarra - V.Ricciuto, Istituzioni di diritto privato, Giappichelli, Torino;
A. Torrente - P. Schlesinger, Manuale di diritto privato, Giuffré, Milano.
Italian Civil Code.
Di Gravio:
Trimarchi, Istituzioni di diritto privato, Giuffrè, latest edition;
Zatti Colussi, Lineamenti di diritto privato, Cedam, latest edition;
Autori vari, Dieci lezioni di Diritto Privato, UTET, 2006.
Suggested reading:
Cooter, Mattei, Monateri, Pardolesi, Ulen, Il mercato delle regole. Analisi economica del diritto
civile, Il Mulino, 2006.
62
29 a
E1-IPL29a-B: ITALIAN PUBLIC LAW
Fall semester; 70 lectures; 7 hrs per week; 8 credits
Introduction and legislative principles. Persons and personal freedoms. Sources of law in the
Italian framework. The organisation of the Italian state: government, parliament and other
governmental organs and their functions. Administrative functions. Judicial system. Guarantees.
Assessment:
Professor:
oral exam
Montedoro
Textbooks:
Choice among the following:
Barbera, Fusaro, Corso di diritto pubblico, Il Mulino, Bologna, latest edition;
Bin, Pitruzzella, Diritto Pubblico, Giappichelli, Torino, latest edition;
Barile, Cheli, Grassi, Istituzioni di diritto pubblico, CEDAM, Padova, latest edition;
Caretti, De Siervo, Istituzioni di diritto pubblico, latest edition;
Cuocolo, Lezioni di diritto pubblico, Giuffrè, Milano, latest edition;
Rossano, Manuale di Diritto Pubblico, Jovene, Napoli, latest edition.
29 b
E1-IPL29b-B: ITALIAN PUBLIC LAW
Fall semester; 70 lectures; 7 hrs per week; 8 credits
Part I: Theoretical concepts: institutions, law, justice; forms of state and forms of government;
subjects and acts of law and illegality. Part II: The Italian constitutional system: sources of law;
personal rights and freedoms; the parliament and legislative procedures; the government and its
functions; regions and local government. Special part: The economic constitution: models; social
rights; government intervention and its limits; EU and integration.
Other activities:
Assessment:
Professor:
seminars
oral exam
Rossano
Textbooks:
Rossano, Manuale di diritto pubblico, Jovene, Napoli, 2007;
Virga, Diritto amministrativo - Atti e Ricorsi, vol. 2, Giuffré, latest edition.
Lecture notes will be provided at the beginning of the course.
29 c
E1-IPL48c-B: ITALIAN PUBLIC LAW
Fall semester; 70 lectures; 7 hrs per week; 8 credits
The general part of the course proposes to explain the basics of the Italian constitutional order,
illustrating its guiding principles, how it is organised and how it works. The special part of the
course is dedicated to the controversial notion of so-called 'economic constitution', with a view
to highlighting its extent (national and EU) from all economic policy standpoints.
Other activities:
Assessment:
Professor:
seminars
oral exam
Lupo
63
Textbooks:
Choice among the following:
Barbera, Fusaro, Corso di diritto pubblico, Il Mulino, Bologna;
Bin, Pitruzzella, Diritto Pubblico, Giappichelli, Torino;
Caretti, De Siervo, Istituzioni di diritto pubblico, Giappichelli, Torino;
Cuocolo, Lezioni di diritto pubblico,Giuffrè, Milano;
Rossano, Manuale di Diritto Pubblico, Jovene, Napoli.
29 d
E1-IPL29d-B: ITALIAN PUBLIC LAW
Fall semester; 70 lectures; 7 hrs per week; 8 credits
•
•
•
•
•
•
•
•
•
•
•
•
Features of law
Constitution and constitutionalism
The sources of law
The State and its constituent elements
Forms of State and government
Liberties, political rights and social rights in the Italian constitution
The electorate: referenda and electoral system
Constitutional bodies: the parliament, the president, the government, the judiciary and the
constitutional court
The organisation and functions of the public administration
Constitutional principles governing administrative justice
Regional and local government
The European Union: institutions and sources of law
Other activities:
Assessment:
Professor:
seminars
oral exam
Meloni
Textbooks:
Choice among the following:
Barbera, Fusaro, Corso di diritto pubblico, Il Mulino, Bologna;
Bin, Pitruzzella, Diritto Pubblico, Giappichelli, Torino;
Caretti, De Siervo, Istituzioni di diritto pubblico, Giappichelli, Torino;
Cuocolo, Lezioni di diritto pubblico,Giuffrè, Milano;
Rossano, Manuale di Diritto Pubblico, Jovene, Napoli.
30
E3-LE30-B: LABOUR ECONOMICS
Spring semester; 70 lectures; 6 hrs per week; 8 credits
Outline of labour market theory
Microeconomics of investment decisions in human capital. Microeconomics of labour supply and
demand. Competitive balances in the labour market. Imperfect competition models. Job search
models. Economic role of trade unions. Insider-outsider models. Labour market and immigration.
Long-term unemployment and hysterisis.
Analysis of main labour market indicators and institutions
Main labour market indicators and tools for analysing inequality. Italian and European labour
markets in view of the Lisbon objectives. Labour policies implemented in Italy and the changes
introduced by Legislative Decree No. 276 ("Biagi Reform").
64
Prerequisites:
Other activities:
Assessment:
Professor:
Macroeconomics
guest speakers, seminars
written and oral exam
Battisti
Textbooks:
Brucchi L., Manuale di Economia del Lavoro, Il Mulino, 2001.
Other material will be provided during the course.
31
E3-LL31-B: LABOUR LAW
Spring semester; 70 lectures; 7 hrs per week; 6 credits
Trade Union Law: The industrial relations system and the trade union law. - The trade union: its
history and organisational structure. - The principles of trade union freedom. - The collective
bargaining contract. - Ways of protecting the collective interest: the right to strike, the lockout
and other forms of union struggle. - Employment relationship: - Historical development. - The
employment contract. Self-employment. - Employment in public administration. The
development of the employment contract. - Powers and duties of the parties relationship. Wages. - The employment of minors. Women and employment Prohibition of discrimination:
equal opportunity. - Protection against dismissals. - Guarantees of workers’ rights. - Discipline of
the labour market. - Protection of employment.
Assessment
Professor
written and oral exam
written tests during the semester
Sciarra
Textbooks:
Giugni G., Diritto sindacale, Cacucci, Bari, 2006.
Ghera E., Diritto del lavoro, Cacucci, Bari, 2006.
32 a/b/c/d
E1-Mac32a/b/c/d-B: MACROECONOMICS
Spring semester; 70 lectures; 7 hrs per week; 8 credits
The course covers the basics concepts of macroeconomic theory and analysis, going into the
long-term balance of an aggregate economic system and its development pathways as well as
the factors underlying cyclic fluctuations. Economic policy goals and tools will be introduced in
both these contexts, together with an analysis of the effects of (certain types of) public
intervention in the economy, with special emphasis on the main macroeconomic variables (GDP,
employment, inflation and unemployment rates, interest and exchange rates, balance of
payments, public finance balances).
Prerequisites:
Other activities:
Assessment:
Professor:
Microeconomics
practical work
written exam
Paciello, Bellettini, Reichlin, Giordani
Textbooks:
Paciello, Bellettini and Reichlin:
Mankiw G.N., Macroeconomia, Zanichelli, latest edition.
65
Giordani:
Mankiw G.N., Macroeconomia, Zanichelli, latest edition;
Blanchard O., Macroeconomia, latest edition, Il Mulino.
33 a/b/c/d
E2-Mac33a/b/c/d-B: MACROECONOMICS
Fall semester; 70 lectures; 7 hrs per week; 8 credits
Introduction - National accounts - Production and income distribution - Stylized facts of
economic growth - Economic growth and development - National income determination in the
short-run - Money, interest rate and income - Consumption and saving - Investment - Money
supply and demand - Financial markets - Labour market and unemployment - Aggregate supply Stabilization and supply-side policies - Stylized facts of the business cycle - Inflation,
productivity and income distribution - Government debt and deficit - Balance of payments Exchange rate regimes - International monetary relations from the Gold Standard to nowadays.
Prerequisites:
Assessment:
Professor:
Microeconomics
written and oral exam
written tests during the semester
Petrucci, Nisticò, Vallanti, Reichlin
Textbooks:
Petrucci:
Mankiw G.N., Macroeconomia, Zanichelli, Bologna, 1998.
Recommended readings:
Romer D., Keynesian macroeconomics without the LM curve, Journal of Economic Perspectives,
14, 49-69, 2000;
Romer P.M., The origins of endogenous growth, Journal of Economic Perspectives, 8, 3-22, 1994.
Nisticò and Vallanti:
Mankiw G., Macroeconomia, Zanichelli, latest edition;
Blanchard O., Macroeconomia, Il Mulino, latest edition.
Reichlin:
Mankiw G., Macroeconomia, Zanichelli, latest edition.
34 a
E3-Man34a-B: MANAGEMENT
Spring semester; 70 lectures; 7 hrs per week; 8 credits
The course is divided into three parts as follows. Part I: Strategic analysis – the role of strategy
in business management, sectoral analysis, strategic structure and definition of business,
resources, capabilities and competitive advantage, and business strategy. Part II: Business
functions – technological innovation, production and facilities, procurement, and marketing.
Part III: Financial appraisal of strategic projects – break even analysis, operational leverage,
financial leverage, evaluation of investments and the financial evaluation of strategies.
Prerequisites:
Other activities:
Assessment:
Professor:
Accounting
practical work, exercitations
oral exam
Boccardelli
66
Textbooks:
Fontana F., Caroli M.G., (a cura di), Economia e Gestione delle Imprese, McGraw-Hill, 2006;
Boccardelli P., Strategia e modelli di business nel settore del video entertainment, Il Mulino,
2008.
34 b
E3-Man34b-B: MANAGEMENT
Spring semester; 70 lectures; 7 hrs per week; 8 credits
The course is structured as follows: analysis of the systematic theory of business and
examination of its main properties; the relation between a business and its environment and
examination of the characteristics of a competitive environment; the conditions for business
success, the development of resources and distinctive competencies, business competition
strategy, business growth strategy, management of operations, marketing, innovation, financial
management and the question of value. The course will be completed by series of seminars on
specific topics.
Prerequisites:
Other activities:
Assessment:
Professor:
Accounting
practical work, exercitations
oral exam and written examinations during the course
Caroli
Textbooks:
Caroli M.G., Fontana F. (a cura di), Economia e Gestione delle Imprese, McGrawHill 2006.
34 c
E3-Man34b-B: MANAGEMENT
Spring semester; 70 lectures; 7 hrs per week; 8 credits
•
•
•
•
•
The business as a system and study of its relationship with the environment
The business as a body of resources
Competition strategies
Strategic planning
Business functions
Prerequisites:
Other activities:
Assessment:
Professor:
Accounting
practical work, exercitations
oral exam and written examinations during the course
Mele
Textbooks:
Caroli M.G., Fontana F. (a cura di), Economia e Gestione delle Imprese, McGrawHill 2006.
35
E2-MICF35-B: MANAGEMENT OF INDUSTRIAL AND COMMERCIAL FIRM
Spring semester; 70 lectures; 7 hrs per week; 6 credits
The content of the course is not available at the time of publication.
67
Prerequisites:
Assessment:
Professor:
Accounting
oral exam
Barile
36 a/b
E3-Mar36a/b-B: MARKETING
Fall semester; 70 lectures; 7 hrs per week; 8 credits
The course analyses the external environment and competitive system that a business finds itself
in, highlighting the most relevant aspects. The course will focus on: knowledge of consumer
behaviour and retailers, knowledge of competitors' strategies and the forces of competition
which influence behaviour; identification and choice of marketing strategies; planning and
implementation of products and services which entail value for customers; definition of specific
communication and distribution action; the analysis of organisational, information, planning and
control systems.
Prerequisites:
Other activities:
Assessment:
Professors:
Accounting
guest speakers, practical work, case studies
written and oral (optional) exam
Marcati, Pirolo
Textbooks:
Marcati:
Philip Kotler, Marketing Management, Pearson - Prentice Hall – eleventh edition.
Pirolo:
Jean-Jacques Lambin, Marketing strategico e operativo - market-driven management, McGrawHill, fourth edition;
Philip Kotler, Marketing Management, Pearson - Prentice Hall – eleventh edition.
37 a
E1-M137a-B: MATHEMATICS 1
Fall semester; 70 lectures; 7 hrs per week; 6 credits
Vector & matrix algebra; inverse matrix determinants; linear equation systems; number sets;
functions & variables; convergence & divergence criteria; dispositions, combinations,
permutations; binomial expansion; function limits; 1st & 2nd type discontinuity; incremental
relations; differential calculus; polynomial approximation of functions; economic applications;
indefinite integrals; integration methods; definite integrals; linear differential equations;
functions of more than one variable.
Other activities:
Assessment:
Professors:
practical work
written and oral exam
written tests during the semester
Cacciafesta
Textbooks:
F. Cacciafesta - Matematica generale per i corsi triennali, ed. Giappichelli (2007).
68
37 b
E1-M137b-B: MATHEMATICS 1
Fall semester; 70 lectures; 7 hrs per week; 6 credits
The content of the course is not available at the time of publication.
Assessment:
Professors:
written and oral exam
written tests during the semester
Papi
37 c
E1-M137c-B: MATHEMATICS 1
Fall semester; 70 lectures; 7 hrs per week; 6 credits
Functions. Examples of basic properties. Function limits. Methods for calculating limits.
Continuous functions of a variable. Basic properties of continuous functions. Theorems on
continuous functions. Definition of derivatives. Theorems on derivable functions. Maximums and
minimums of functions and methods for determining them. Search for zeros.
Other activities:
Assessment:
Professors:
practical work
written and oral exam
written tests during the semester
Sbaraglia
Textbooks:
Peccati - Salsa – Squellati, Matematica per l'economia e l'azienda, ed. Egea, Milano;
Castellani – Gozzi, Esercizi di matematica per l'economia e l'azienda, ed. Esculapio, Bologna.
Other material will be provided during the semester.
37 d
E1-M137d-B: MATHEMATICS 1
Fall semester; 70 lectures; 7 hrs per week; 6 credits
Natural, whole, rational and real numbers. Maximum, minimum low extreme and high extreme
of a body. Absolute value and distance. Functions and their properties. Elementary functions.
Successions and limits, indeterminate forms, infinity and notable limits. Nepero's constant.
Function limits, continuous functions, infinites and notable limits. Derivative, calculus and
property: maximums and minimums, monotony, convexity, L'Hopital's theorem and Taylor's
polynomial. Study of function.
Other activities:
Assessment:
Professors:
practical work
written and oral exam
written tests during the semester
Castellani
Textbooks:
Peccati, Salsa, Squellati, Matematica per l'economia e l'azienda, ed. EGEA;
Castellani, Gozzi, ed. Esculapio, Matematica di base per l'economia e l'azienda. Esercizi e testi
d'esame svolti;
Castellani, Gozzi, Buscema, Lattanzi, Mazzoli, Veredice, Precorso di Matematica, ed. Esculapio.
69
38 a
E1-M238a-B: MATHEMATICS 2
Spring semester; 70 lectures; 7 hrs per week; 6 credits
Mathematical analysis: succession and series. Differential calculus in one or more variables. Free
and restricted optimisation. Introduction to definite integration.
Other activities:
Assessment:
Professors:
practical work
written exam
written tests during the semester
Cacciafesta
Textbooks:
F. Cacciafesta - Matematica generale per i corsi triennali, ed. Giappichelli (2007).
38 b
E1-M238b-B: MATHEMATICS 2
Spring semester; 70 lectures; 7 hrs per week; 6 credits
The content of the course is not available at the time of publication.
Other activities:
Assessment:
Professors:
practical work
written exam
written tests during the semester
Papi
38 c
E1-M238c-B: MATHEMATICS 2
Spring semester; 70 lectures; 7 hrs per week; 6 credits
Succession and series. Introduction to integral calculus. Vectors and operations on vectors.
Linear dependence and independence. Rouché-Capelli theorem on linear systems. Method for
calculating the range and solutions of a linear system: Gauss-Jordan and determinants. Functions
of more than one variable: restrictions, partial and directional derivatives, gradient and
examples. Methods for determining the maximum and minimum of functions with more than one
variable in simple cases.
Other activities:
Assessment:
Professors:
practical work
written exam
written tests during the semester
Sbaraglia
Textbooks:
Peccati, Salsa, Squellati, Matematica per l'economia e l'azienda, ed. EGEA;
Castellani, Gozzi, ed. Esculapio, Matematica di base per l'economia e l'azienda. Esercizi e testi
d'esame svolti;
Castellani, Gozzi, Buscema, Lattanzi, Mazzoli, Veredice, Precorso di Matematica, ed. Esculapio.
70
38 d
E1-M238d-B: MATHEMATICS 2
Spring semester; 70 lectures; 7 hrs per week; 6 credits
Numerical series and convergence criteria: relationship, root, comparison and Leibniz. Integral
calculus. Definite integral and main calculation methods: by substitution and by parts. Aspects
of improper integrals. Vectors and matrixes: linear combination and linear independence,
dimension and base. Determinants and characteristics. Linear systems and the Rouché-Capelli
theorem. Functions in more than one variable: continuity and differentiability, gradient and the
Hessian matrix. Calculation of maximums and minimums and the study of convexity. Overview of
Lagrange multipliers.
Other activities:
Assessment:
Professors:
practical work
written exam
written tests during the semester
Catellani
Textbooks:
Peccati, Salsa, Squellati, Matematica per l'economia e l'azienda, ed. EGEA;
Castellani, Gozzi, ed. Esculapio, Matematica di base per l'economia e l'azienda. Esercizi e testi
d'esame svolti;
Castellani, Gozzi, Buscema, Lattanzi, Mazzoli, Veredice, Precorso di Matematica, ed. Esculapio.
39 a/b/c/d
E1-Mic39a/b/c/d-B: MICROECONOMICS
Fall semester; 70 lectures; 7 hrs per week; 8 credits
Principal Topics: theory of demand; choices under uncertainty, theory of production; market
balance; forms of market; general economic equilibrium. Consumer choices, the MRS, general
economic equilibrium, firm choices, market structure.
Other activities:
Assessment:
Professor:
individual projects, practical work
oral exam
written tests during the semester
Spallone, Di Cagno, Panaccione, Conte
Textbooks:
Spallone:
Hey J.D., Esperimenti in economia, Giappichelli, Torino, 1998.
Varian H., Microeconomia, Cafoscarina, latest edition.
Di Cagno:
Choice among the following:
Varian H. (1998), Microeconomia (livello intermedio), Norton
Varian H.(2004), Analisi Microeconomica (livello avanzato), Norton.
Gravelle-Rees (2004), Microeconomics, Prentice Hall.
Suggested readings:
Brealey R.A.- Myers, S. et al. (2007), Principi di Finanza Aziendale, Mc Graw Hill Co.
Freixas X.- Rochet C. (1997), Microeconomics of Banking, MIT Press.
O'Hara, M. (1995), Market Microstructure Theory, Blackwell Publishing.
Panaccione:
Hey, J , Microeconomia, Aracne Editore, 2007;
71
Varian, H., Microeconomia, Cafoscarina, latest edition;
Kreps, D., Microeconomia per manager, Egea, latest edition.
Conte:
Hey, J. (2007), Microeconomia, Aracne Editore.
40
E3-MFM40-B: MONETARY AND FINANCIAL MARKETS
Spring semester; 70 lectures; 7 hrs per week; 8 credits
The course is an introduction to how international money and financial markets work. The first
part deals with basic issues such as the flow of money, the relationship between risk and yield
and the concept of moral hazard, etc. The second part analyses instruments and markets, with
particular reference to money, bond, foreign exchange and equity markets. The third and fourth
parts of the course illustrate the principal features of financial intermediaries, provide an
overview of financial regulation and the Basle Accord.
Prerequisites:
Other activities:
Assessment:
Professors:
Macroeconomics
practical work
oral exam
Paladino
Textbooks:
F. Mishkin, S. Eakins e G. Foresteri, Istituzioni e Mercati Finanziari, edizioni Pearson, 2007,
Parts 1,2, 3, 4 e Part 7.
Further material will be provided during the course.
41 a/b/c
E2-ME41a/b/c-B: MONETARY ECONOMICS
Spring semester; 70 lectures; 7 hrs per week; 8 credits
Role and function of money. Principal theories which concern the holding of money at
microeconomic and macroeconomic level. Objectives, tools and transmission of monetary policy.
Creation of a monetary base and effects on money supply and liquidity of financial markets.
Analysis of the behaviour of central banks: the Federal Reserve and the European Central Bank.
Theories of banking and financial intermediation. Regulatory and supervisory models for banks
and other intermediaries.
Prerequisites:
Other activities:
Assessment:
Professors:
Macroeconomics
practical work, seminars, projects
written and oral (optional) exam
written tests during the semester
Di Giorgio, Pandimiglio, Campioni
Textbooks:
Di Giorgio G. (2007): Lezioni di Economia Monetaria, CEDAM, Padova;
Di Giorgio G., Pandimiglio A. e S. Nisticò (2005): Problemi di Economia e Politica Monetaria,
CEDAM, Padova;
Arcelli M. (2002): L'economia monetaria e la politica monetaria della Unione Europea, CEDAM,
Padova.
72
42 a
E2/3-PF42a-B: PUBLIC FINANCE
Spring semester; 70 lectures; 7 hrs per week; 8/6 credits
The course will be an introduction to the economic analysis of State intervention from a legal
and positive perspective and with reference to public spending and taxation policies.
Prerequisites:
Other activities:
Assessment:
Professor:
Microeconomics
Macroeconomics
practical work
written and oral exam
Piacentino
Textbooks:
H. S. Rosen, Scienza delle finanze, second edition, Milano, McGraw-Hill, 2007, chapters 3-7, 1016, 19;
P. Bosi-M. C. Guerra, I tributi nell'economia italiana, latest edition, Bologna, Il Mulino.
42 b
E2/3-PF42b-B: PUBLIC FINANCE
Spring semester; 70 lectures; 7 hrs per week; 8/6 credits
General principles. The market and the classical school. The economics of well being. Market
failures and reasons for State intervention. Keynes and cyclical finance. Neo-Keynesians and
monetarists. The evolution of liberal thought. Socialist doctrines. State budget. Classification of
expenditure. State enterprises. Public debt. The Italian tax system.
Prerequisites:
Other activities:
Assessment:
Professor:
Microeconomics
Macroeconomics
practical work
oral exam
Emanuele
Textbooks:
Emanuele E.F.M., Lezioni di scienza delle finanze, 2005, ESI, Napoli.
Recommended readings:
Bosi P. (a cura di), Corso di scienza delle finanze, 2006, IV edition, Il Mulino, Bologna; chapters
1 and 2.;
Emmanuele F.M.E., Evoluzioni e vicende delle fondazioni di origine bancaria, 2006, II Edizione,
ESI, Napoli;
Taccone A., Il dibattito sulla tassazione delle società, 2006, Quaderni DPTEA n. 143, Luiss
"Guido Carli".
43
E2-SSM43-B: SOCIAL SCIENCES METHODOLOGY
Fall semester; 70 lectures; 7 hrs per week; 6 credits
The course is aimed at the attainment of epistemological awareness in the field of the social
sciences and, in particular, in the field of economics. General part: criticism of inductivism and
observationism. The fasificability of theories. The Popper-Hempel model. Critical rationalism
and hermeneutics. Unified theory of method. Special part: Methodological individualism. From
the Scottish moralists to of the XVIII century to the Austrian school of economics. The debate on
73
method. Neo-positivism. Market and rule of law. Epistemology and entrepreunership. Growth of
rationalism and economic development.
Assessment:
Professor:
oral exam
Infantino
Textbooks:
Antiseri D., Teoria unificata del metodo, Utet, Torino, 2000, capitolo 1 e capitolo 5;
Infantino L., L'ordine senza piano, Armando, Roma, latest edition;
Infantino L., Metodo e mercato e storia delle idee, Rubbettino, Soveria Mannelli, 2008;
Mill J.S., Economia e scienze sociali, Rubbettino, Soveria Mannelli, 2004.
44
E3-TL44-B: TAX LAW
Spring semester; 70 lectures; 7 hrs per week; 8 credits
The course is divided into a general part and a special part.
General Part: 1) The notion of taxation and the distinction between taxes and duties. 2)
Constitutional principles, the sources of tax law (internal, community and international sources)
and tax federalism. 3) Interpretation and effectiveness of tax law over time and from place to
place, and tax evasion. 4) Tax obligations and the parties involved in the collection and payment
of taxes. 5) The implementation of the tax obligation: filing of returns, assessment (preliminary
investigations, methods and types of assessment, notice of assessment) and collection. 6) The
principles of administrative tax sanctions.
Special Part: 1) The current tax system. 2) Personal income tax, with special emphasis on
income from business activities. 3) Corporation tax, with special emphasis on the new concepts
introduced by the Tremonti Reforms (tax consolidation, participation exemption, etc.). 4) VAT
(structure of the tax and mechanism of application; transactions and parties subject to VAT; VAT
within the EEC; required formalities). 5) Regional Production Tax (IRAP) and the implementation
of tax federalism
Assessment:
Professor:
oral exam
Marchetti
Textbooks:
Tesauro F., Istituzioni di diritto tributario, UTET, latest edition.
74
Economics and Business
(in partnership with Utrecht School of Economics)
(NOT OPEN TO ERASMUS STUDENTS)
1
E2-Acc1-EaB: ACCOUNTING
(NOT OPEN TO ERASMUS STUDENTS)
Spring semester; 35 lectures; 3 hrs per week; 8 credits
Understanding and interpreting financial statements and accounting information. Study of
double entry bookkeeping. The framework of financial reporting. Financial statements structure
and categories. Understanding the influence of different rules and accounting practices in
financial reporting disclosures. Financial accounting fundamentals and the generally accepted
principles as applied to enterprises according to financial disclosures (IAS-IFRS).
Other Activities:
Assessment:
Professor:
written tests during the teaching period
written exam
Di Donato
Textbooks:
Financial Accounting Fundamentals - J. J. Wild, McGraw-Hill Irwin.
2
BASIC ECONOMETRICS
Course offered by Utrecht School of Economics
3
E2-FMI3-EaB: FINANCIAL MARKETS AND INTERMEDIARIES
(NOT OPEN TO ERASMUS STUDENTS)
Spring semester; 35 lectures; 3 hrs per week; 8 credits
•
•
•
•
•
Introduction to Financial Instruments and Securities Markets
Portfolio Theory (Risk and Return; Diversification; the CAPM and the APT; Market
Efficiency; Performance Evaluation of Portfolio Management)
Fixed Income Markets (Institutions and Characteristics; The Present Value; Bond Prices
and Interest Rates; The Term Structure of Interest Rates; Properties of Bond Prices)
Equity Markets (Characteristics and Valuation; Equity Prices, Investment and Growth
Opportunities)
Derivative Markets (Futures and Option Contracts; Risk Management and Risk Neutral
Valuation)
Other activities:
Assessment:
Professor:
practical work
written exam
Vitale
Textbooks:
Bode, Kane and Marcus, 2008, Essentials of Investment McGraw-Hill, 7th edition;
Instructor's Lecture Notes.
75
4
E1-GS4-EaB: GAMES AND STRATEGIES
(NOT OPEN TO ERASMUS STUDENTS)
Spring semester; 35 lectures; 3 hrs per week; 8 credits
Game theory examines in a rigorous way the interaction among rational agents (individuals or
firms). It is therefore an essential tool in economic theory and in applied research. This course
will give an introduction to the most important models in game theory. We will examine several
situations: the agents may act simultaneously or in sequence. They may be fully informed about
the past history and the future consequences (payoffs) of their interaction, or they may have
pale guesses about these terms. Moreover, the agents' attitudes may be one of competition or
cooperation towards the other agents.
Other activities:
Assessment:
Professor:
practical work
oral exam
Dall’Aglio
Textbooks:
Basic textbook:
Joel Watson, Strategy: An Introduction to Game Theory, 2nd Edition, Publisher: W. W. Norton;
ISBN: 0393929345.
Further readings:
Martin J. Osborne, An Introduction to Game Theory, Oxford University Press, USA
ISBN:0195128958;
Robert Gibbons, Game Theory for Applied Economists, Princeton University Press ISBN:
0691003955.
5
INTERMEDIATE MACROECONOMICS
Course offered by Utrecht School of Economics
6
INTERMEDIATE MICROECONOMICS
Course offered by Utrecht School of Economics
7
E1-IBE7-EaB: INTRODUCTION TO BUSINESS ECONOMICS
(NOT OPEN TO ERASMUS STUDENTS)
Fall semester; 35 lectures; 3 hrs per week; 8 credits
First part: Introduction to the theory of the firm.
Economics and business administration as social sciences.
A taxonomy of different types of organizations; business goals and legal forms.
The firm and its environment: the role of business in the economic system; social and ethical
implications of business.
Ownership structure and corporate governance models: an international comparison.
Corporate governance, business risk and stakeholders' interests alignment.
Organizational networks and business combinations.
Second part: Introduction to Business Management
Basic choices for business start-up.
Business strategy principles.
Business as a going concern: basic operational and financial cycles.
76
Financial choices: equity and financial debt, mezzanine financing.
Production management: capital and operational expenses; value chain management;
internalization vs outsourcing and cost structure implications.
Marketing management: new product development and product life cycle; pricing, distribution,
promotion.
Organizational structures and human resources management.
Mergers and Acquisitions
Third part: Business Information systems and financial reporting
Performance measurement principles: profitability and financial risk analysis.
Planning and control systems: budgeting and reporting; managerial control for strategy
implementation and performance management.
Financial reporting and users decisions.
Financial statements for the representation of business activities.
Accounting for financing, purchasing and sales activities.
Balance sheet and income statement.
Introduction to bookkeeping techniques.
Introduction to financial statements analysis: profitability ratios, financial risk ratios.
Earnings quality and corporate governance mechanisms.
Assessment:
Professors:
written and oral exam
Tiscini
Textbooks:
David Boddy, Management: an Introduction, Prentice Hall, 2005;
or
Gerald Cole, Management: Theory and practice, Southwestern Learning, 2004;
Robert N. Anthony - Leslie K. Breitner, Essentials of Accounting, Prentice Hall, 2007.
Five Slides set of the course.
8
INTRODUCTION TO ORGANIZATION AND STRATEGY THEORY
Course offered by Utrecht School of Economics
9
MACROECONOMICS
Course offered by Utrecht School of Economics
10
E1-Mac10-EaB: MACROECONOMICS
(NOT OPEN TO ERASMUS STUDENTS)
Spring semester; 70 lectures; 7 hrs per week; 8 credits
•
•
•
•
•
•
•
•
•
•
Introduction to macroeconomics: definitions, data and measurement
Goods and financial market: the IS-LM model
The labour market
The aggregate demand and aggregate
Supply: the AD-AS model
The Phillips curve
Money growth and inflation
Growth
The open economy: output, the interest rate and exchange
Monetary policy and fiscal policy: what policy can do to improve economic performance?
77
Assessment:
Professors:
written exam
Vallanti
Textbooks:
Oliver Blanchard, Macroeconomics, fourth edition, Prentice Hall Int., 2006;
Gregory N. Mankiw, Macroeconomics, sixth edition, Worth Publishers, 2006.
11
MARKET ORGANIZATION, DYNAMICS AND INNOVATION
Course offered by Utrecht School of Economics
12
E2-Mar12-EaB: MARKETING
(NOT OPEN TO ERASMUS STUDENTS)
Spring semester; 70 lectures; 7 hrs per week; 8 credits
The content of the course is not available at the time of publication.
Assessment:
Professors:
written exam
Esseghaier
13
E1-M113-EaB: MATHEMATICS 1
(NOT OPEN TO ERASMUS STUDENTS)
Fall semester; 70 lectures; 7 hrs per week; 10 credits
Functions and models
Limits and continuity
Differentiation
Applications of differentiation
Integration
Infinite sequences and series
Matrices vectors and systems of linear equations
Matrices and linear transformations
Determinants
Subspaces and their properties
Other activities:
Assessment:
Professors:
practical work
written and oral exam
written tests during the semester
Scarsini
Textbooks:
Lawrence E. Spence, Arnold J. Insel, Stephen H. Friedberg, Elementary Linear Algebra, Pearson
Education; 2 edition (2007);
James Stewart, Calculus (International Metric Edition), Brooks/Cole; International Edition
(2008).
The second book can be replaced with:
Joel Hass, Maurice D. Weir, George B. Thomas, University Calculus (Thomas Series), Addison
Wesley; 1 edition (2006).
78
14
E1-M214-EaB: MATHEMATICS 2
(NOT OPEN TO ERASMUS STUDENTS)
Spring semester; 70 lectures; 7 hrs per week; 10 credits
Eigenvalues, eigenvectors and diagonalization
Orthogonality
Vector spaces
Vector functions
Partial derivatives
Multiple integrals
Complements of integration
Differential equations.
Other activities:
Assessment:
Professors:
practical work
written exam
written tests during the semester
Antonelli
Textbooks:
Lawrence E. Spence, Arnold J. Insel, Stephen H. Friedberg, Elementary Linear Algebra, Pearson
Education; 2 edition, July 5, 2007;
James Stewart, Calculus (International Metric Edition), Brooks/Cole; International Ed edition, 14
Feb 2008.
The second book can be replaced with:
Joel Hass, Maurice D. Weir, George B. Thomas, University Calculus, Thomas Series, Addison
Wesley; 1 edition, February 19, 2006.
The textbooks have been chosen in accordance with the course Mathematics I.
15
E1-Mic15-EaB: MICROECONOMICS
(NOT OPEN TO ERASMUS STUDENTS)
First semester; 70 lectures; 7 hrs per week; 8 credit
Part 1, Economies without Production, looks at exchange in a competitive world without
production, using both the conventional supply and demand analysis for a single market and
Edgeworth Box analysis for the economy as a whole. The Part starts in a discrete world (where
only integer units of a good can be bought and sold), with reservation prices which, under
certain rather special conditions, encapsulate preferences. The derivation of demand and
supply from these given reservation prices is rather obvious and so is the calculation of surpluses
in this simple world.
The buyer surplus is the area between the price paid and the demand curve while the seller
surplus is the area between the price received and the supply curve. We discuss various forms of
trade under these conditions and show the properties of competitive trade - as measured in
terms of surpluses. We then generalise - first to continuous goods with the same specialised
preferences that implicitly imply reservation prices for each ‘unit' of the good and then to more
general preferences. We then talk about preferences more generally and show how demand can
be derived from preferences. We then show how all of this can be turned round so that we can
infer preferences from demand and hence use this information to prescribe and predict. The
Part then looks at exchange in a simple 2-person 2-good world without production using
Edgeworth Box analysis and discusses the concept of efficient trade, using the concept of the
contract curve, and shows that competitive trade is efficient, whilst monopolistic and
79
monopsonistic trade are not.
Part 2, Economies with Production, stays in a competitive world but introduces production into
the story, starting with a description of technology - that is, the relationship between inputs and
outputs. We discuss a number of different types of technology, and then introduce the
important concept of a cost function which tells us, for any given technology and any other
constraints, the cheapest cost of producing any given output. This determines the firm's optimal
demands for the inputs its uses. We show how this cost function is related to the technology of
the firm, and hence show that we can use this information to help us infer the technology of a
firm from its cost function (and, later, from its supply curve). This information helps us
prescribe and predict. Having discussed the properties of the cost function (and various derived
other cost functions) we then show how the optimal output of the firm is derived and hence
obtain its supply function. This allows us to confirm that the surplus (profit) of the firm is the
area between the price received and the supply curve. We then move on to consider the
production possibility frontier in an economy producing two goods with two factors of
production.
Part 3, Applications and Implications of the Basic Tools, continues within the competitive
economy and considers a number of important implications, extensions and applications of the
basic story presented in Parts 1 and 2. In particular, we use the analysis of Parts 1 and 2 to
derive monetary measures (equivalent and compensating variations) of the welfare effects of
price changes - and relate these measures to the basic concept of surplus that we have used
extensively throughout the first two Parts of the book. We then present three important
applications of the core material: to inter-temporal choice (thus explaining, inter alia, saving
decisions and the role of capital market); to risky choice (thus explaining, inter alia, insurance
decisions and the role of insurance markets); to the labour market (thus explaining, inter alia,
when government intervention in the labour market might be beneficial).
Part 4, Market Inefficiencies of Various Types, takes us beyond the first three Parts of the course
which stay within a competitive world, and moreover one in which technology and preferences
have certain assumed properties. Some parts of the real world are not competitive and there
are certain markets in which the assumed properties do not hold. Accordingly, Part 4 departs
from this simple competitive world and explores the implications. First we see what happens if
the government intervenes in a market in the form of taxation. We see that surplus is lost as a
consequence. We show that this is also the case if monopoly or monopsony exist in a market. We
then look at a case part-way between competition and monopoly - namely duopoly - and
explores its implications. To analyse this latter we introduce the main concepts of Game Theory.
Other activities:
Assessment:
Professor:
individual projects, practical work
oral exam
written tests during the semester
Hey
Textbooks:
Hey, John D. Microeconomics: People are Different, McGraw-Hill, UK, 2003.
16
E1-PCL16-EaB: PRINCIPLES OF CIVIL LAW
(NOT OPEN TO ERASMUS STUDENTS)
Fall semester; 70 lectures; 7 hrs per week; 6 credits
Notions of legal system, of legal rule and of source of law. Italian, EC and international sources
of law.
Main features of the Constitution of Italy and the constitutions of other European countries.
Basic notions of comparative law and main features of Civil Law and Common Law families.
80
Fundamental rights. Legal capacity. Natural persons and entities.
Ownership, possession and other rights in property. Security and credit guarantees.
Notion of obligation and contractual liability. Performance, non-performance and impossibility.
Juridical acts and facts. Notion and formation of contract. Interpretation. Representation.
Validity. Termination. Typical and atypical contracts.
Consumer law and European Directives.
Principles of European Contract Law.
Extra-contractual liability and compensation for damages.
Principles of European Tort Law.
Main features of successions upon death and inheritance, marriage, separation and divorce,
patrimonial regime of the family.
Assessment:
Professors:
oral exam
Tassone
Textbooks:
To be chosen
17
E1-QM17-EaB: QUANTITATIVE METHODS
(NOT OPEN TO ERASMUS STUDENTS)
Fall semester; 70 lectures; 7 hrs per week; 8 credits
Functions and graphs
Linear functions and systems
Exponential and logarigthmic functions
Matrix algebra
Linear programming
Limits and continuity
Differentiation
Curve sketching
Integration
Multivariable calculus
Assessment:
Professors:
written exam
Scarsini
Textbooks:
Ernest F. Haeussler, Richard S. Paul, R.J. J. Wood, Introductory Mathematical Analysis for
Business, Economics and the Life and Social Sciences, Pearson Education; 12 edition (April 12,
2007).
18
SOCIOLOGICAL AND PSYCHOLOGICAL ASPECTS OF ORGANIZATIONS
Course offered by Utrecht School of Economics
19
STATISTICS
Course offered by Utrecht School of Economics
81
20
E2-SM20-EaB: STRATEGIC MANAGEMENT
(RESTRICTED ACCESS TO EXCHANGE STUDENTS)
Fall semester; 70 lectures; 7 hrs per week; 8 credits
The content of the course is not available at the time of publication.
Assessment:
Professors:
written exam
Scarsini
82
▌SUMMARY TABLE OF COURSES
BACHELOR DEGREE COURSES
Credits: from 2 to 8 depending on the course
Total credits for each degree course: 180
Key
oe: oral exam
we: written exam
Year/Sem
E1-Acc1a/b/c/d-B
ACCOUNTING
(Rgioneria generale e applicata)
Onesti (A), Laghi (B), Pinto (C), Sarcone (D)
E3-B2-B
BANKING
(Tecnica bancaria)
Comana
E3-BL3-B
BANKING LAW
(Diritto bancario)
Pellegrini
E3-BrptL4-B
BANKRUPTCY LAW
Diritto fallimentare e delle crisi di impresa
Di Brina
E1-BA5a/b/c/d-B
BUSINESS ADMINISTRATION
(Economia aziendale)
Zanda (A), Fiori (B), Di Lazzaro (C), Musaio (D)
E3-BCT6-B
BUSINESS CONSULTING TECHNIQUES
(Tecnica professionale)
Staffa
E2 –BE7-B
BUSINESS ECONOMICS
(Economia dell’impresa)
Gros-Pietro
E2-BL8a/b/c/d-B
BUSINESS LAW
(Diritto commerciale)
Niccolini (A), De Angelis (B), Lener (C), Palmieri (D)
83
Hours
Assessment
Credits
I/S
70 L
oe/we
8
III/1
70 L
oe/we
8
III/S
70 L
oe
8
III/S
35 L
oe
4
I/F
70 L
oe/we
8
III/F
70 L
oe
8
II/F
70 L
oe/we
8
II/S
70 L
oe/we
8
Year/Sem
E2-BMR9-B
BUSINESS METHODS AND RATIOS
(Metodologie e determinazioni quantitative
d’azienda)
Potito
E2-BO10a/b-B
BUSINESS ORGANISATION
(Organizzazione aziendale)
Casalino (A), Decastri (B)
E1-CS11a/b/c/d-B
COMPUTER SCIENCE
(Informatica)
Olivieri (A), Spagnoletti (B), Vituzzi (C), Draoli (D)
E2-CF12a-B
CORPORATE FINANCE
(Finanza aziendale)
Monti (A), Spisni (B), Milano (C), Bozzi (D)
E3-CAA13-B
COST ACCOUNTING AND ANALYSIS
(Analsisi e contabilità dei costi)
Bastia
E2-E14-B
ECONOMETRICS
(Econometria)
Cubadda
E2-EH15/2-B; E3-EH15/3-B
ECONOMIC HISTORY
(Storia economica)
Di Taranto (2nd year), Palermo (3rd year)
E3-EP16a-B
ECONOMIC POLICY
(Politica economica)
Neri (A), Viviani (B), De Santis (C)
E2-EFI17-B
ECONOMICS AND FINANCIAL INTERMEDIARIES
(Economia degli intermediari finanziari)
Boido
E3-EMBI18-B
ECONOMICS AND MANAGEMENT OF BUSINESS
INNOVATION
(Economia e gestione dell'innovazione aziendale)
Pistella
84
Hours
Assessment
Credits
II/1
70 L
oe/we
8
II/S
70 L
oe/we
8
I
70 L
oe/we
4
II/S
70 L
oe/we
8
III/S
70 L
oe
8
II/S
70L
oe/we
6
II-III/F
70 L
oe
6
III/1
70 L
oe/we
8
II/F
70L
oe/we
6
III/S
35 L
oe
6
E3-EMIE19-B
ECONOMICS AND MANAGEMENT OF INTERNATIONAL
ENTERPRISES
(Economia e gestione delle imprese internazionali)
Ferretti
E3-EMPPU20-B
ECONOMICS AND MANAGEMENT OF PROVIDERS (OF
PUBLIC UTILITY)
(Economia e gestione delle imprese di servizi di
pubblica utilità)
Marcuccio
E2-FM21a-B
FINANCIAL MATHEMATICS
(Matematica finanziaria)
Olivieri (A), De Angelis (B), Staffa (C), Foschini (D)
E3-HEBO22-B
HISTORY OF ENTERPRISE AND BUSINESS
ORGANISATION
(Storia dell’impresa e dell’organizzazione aziendale)
Di Vaio
E3-IE23a/b-B
INDUSTRIAL ECONOMICS
(Economia industriale)
Martoccia (A), Scognamiglio (B)
E3-ISB24-B
INFORMATION SYSTEMS FOR BUSINESS
(Organizzazione dei sistemi informativi aziendali)
D’Atri
E3-ICF25-B
INTERNATIONAL CORPORATE FINANCE
(Finanza Aziendale Internazionale)
Cervellati
E3-IE26-B
INTERNATIONAL ECONOMICS
(Economia internazionale)
Manzocchi
E3-IM27-B
INTERNATIONAL MARKETING
(Marketing internazionale)
Costabile
85
Year/Sem
Hours
Assessment
Credits
III/S
70L
oe
8
II/S
70 L
oe/we
6
II/F
70 L
oe/we
8
III/S
35 L
oe
4
III/F
35 L
oe
8
III/F
70 L
oe
8
III/S
35 L
oe
4
III/S
35 L
oe
6
III/F
35 L
oe
4
Year/Sem
E1-ICL28a/b/c/d-B
ITALIAN CIVIL LAW
(Diritto privato)
Pardolesi (A), Conte (B), Di Ciommo (C), Di Gravio (D)
E1-IPL29a/b/c/d-B
ITALIAN PUBLIC LAW
(Istituzioni di diritto pubblico)
Montedoro (A), Rossano (B), Lupo (C), Meloni (D)
E3-LE30-B
LABOUR ECONOMICS
(Istituzioni di diritto pubblico)
Battisti
E3-LL31-B
LABOUR LAW
(Istituzioni di diritto pubblico)
Sciarra
E1-Mac32a/b/c/d-B
MACROECONOMICS
(Macroeconomia)
Paciello (A), Bellettini (B), Reichlin (C), Giordani (D)
E2-Mac33a/b/c/d-B
MACROECONOMICS
(Macroeconomia)
Petrucci (A), Nisticò (B), Vallanti (C), Reichlin (D)
E3-Man34a/b/c-B
MANAGEMENT
(Economia e gestione delle imprese)
Boccardelli (A), Caroli (B), Mele (C)
E3-Mar36a/b-B
MARKETING
(Marketing)
Marcati (A), Pirolo (B)
E1-M137a/b/c/d-B
MATHEMATICS 1
(Matematica – modulo a)
Cacciafesta (A), Papi (B), Sbaraglia (C), Castellani (D)
86
Assessment
Credits
I/2
70 L
oe/we
8
I/F
70 L
oe
8
III/S
70 L
oe/we
6
III/S
70 L
oe/we
6
I/1
70 L
we
8
II/1
70 L
oe/we
8
III/S
E2-MICF35-B
MANAGEMENT OF INDUSTRIAL AND COMMERCIAL FIRM
(Tecnica industriale e commerciale)
Barile
Hours
70 L
oe/we
8
II/2
70 L
oe
6
III/F
70 L
oe/we
8
I/F
70 L
oe/we
8
E1-M238a/b/c/d-B
MATHEMATICS 2
(Matematica – modulo b)
Cacciafesta (A), Papi (B), Sbaraglia (C), Castellani (D)
E1-Mic39a/b/c/d-B
MICROECONOMICS
(Microeconomia)
Spallone (A), Di Cagno (B), Panaccione (C), Conte (D)
E3-MFM40-B
MONETARY AND FINANCIAL MARKETS
(Economia dei mercati monetari e finanziari)
Paladino
E2-ME41a/b/c-B
MONETARY ECONOMICS
(Economia monetaria)
Di Giorgio (A), Pandimiglio (B) , Campioni (C)
E2/3-PF42a-B
PUBLIC FINANCE
(Scienza delle finanze)
Piacentino (A), Emanuele (B)
E2-SSM43-B
SOCIAL SCIENCE METHODOLOGY
(Metodologia delle scienze sociali)
Infantino
E3-TL44-B
TAX LAW
(Diritto tributario)
Marchetti
87
I/S
70 L
oe/we
8
I/F
70 L
oe
8
III/S
70 L
oe
6
II/S
70 L
oe/we
8
II-III/S
70 L
oe/we
6/8
II/F
70
oe
6
III/S
70 L
oe
8
▌PREREQUISITES (PROPEDEUTICITA’) FOR ECONOMICS COURSES
PREREQUISITES
E1-Acc1a/b/c/d-B
ACCOUNTING
(Ragioneria generale ed applicata)
BUSINESS ADMINISTRATION
E3-BL3-B
BANKING LAW
(Diritto bancario)
ITALIAN CIVIL LAW
E3-BCT6-B
BUSINESS CONSULTING TECHNIQUES
(Tecnica professionale)
BUSINESS METHODS AND RATIOS
E2 –BE7-B
BUSINESS ECONOMICS
(Economia dell’impresa)
MICROECONOMICS
E2-BL8a/b/c/d-B
BUSINESS LAW
(Diritto commerciale)
ITALIAN CIVIL LAW
E2-BMR9-B
BUSINESS METHODS AND RATIOS
(Metodologie e determinazioni quantitative di
azienda)
ACCOUNTING
E2-BO10a/b-B
BUSINESS ORGANISATION
(Organizzazione aziendale)
ACCOUNTING
E2-CF12a/b/c/d-B
CORPORATE FINANCE
(Finanza aziendale)
ACCOUNTING
E2-E14-B
ECONOMETRICS
(Econometria)
MACROECONOMICS
STATISTICS
E3-EP16a/b/c-B
ECONOMIC POLICY
(Politica economica)
MACROECONOMICS
E3-EMIE19-B
ECONOMICS AND MANAGEMENT OF INTERNATIONAL
ENTERPRISES
(Economia e gestione delle imprese internazionali)
E2-FM21a-B
FINANCIAL MATHEMATICS
(Matematica finanziaria)
ACCOUNTING
MATHEMATICS 1-2
88
E3-IE23a/b-B
INDUSTRIAL ECONOMICS
(Economia industriale)
MICROECONOMICS
E3-ISB24-B
INFORMATION SYSTEMS FOR BUSINESS
(Organizzazione dei sistemi informativi aziendali)
COMPUTER SCIENCE
E3-ICF25-B
INTERNATIONAL CORPORATE FINANCE
(Finanza Aziendale internazionale)
CORPORATE FINANCE
E3-IE26-B
INTERNATIONAL ECONOMICS
(Economia Internazionale)
MACROECONOMICS
E3-LE30-B
LABOUR ECONOMICS
(Economia del lavoro)
MACROECONOMICS
E1-Mac32a/b/c/d-B
MACROECONOMICS
(Macroeconomia)
MICROECONOMICS
E3-Man34a-B
MANAGEMENT
(Economia e gestione delle imprese)
ACCOUNTING
E2-MICF35-B
MANAGEMENT OF INDUSTRIAL AND COMMERCIAL FIRM
(Tecnica industriale e commerciale)
ACCOUNTING
E2-ME41a/b/c-B
MONETARY ECONOMICS
(Economia monetaria)
MACROECONOMICS
E2/3-PF42a-B
PUBLIC FINANCE
(Scienza delle finanze)
MACROECONOMICS
MICROECONOMICS
89
MASTER’S DEGREES COURSES
▌GENERAL COURSE STRUCTURE
Economics and Finance
• Banks and Financial Intermediaries
• Insurance and Pension Funds
• Quantitative Finance and Markets
Economics and Business Management
• Management
• Business Finance
• Professional
• Marketing
•
•
•
•
Business Management
Business Finance
Economics and Management of International Enterprises and
Organisations
Marketing Management
General Management
• Management of Innovation
• International Business
• Business Management for Luxury and Tourism
• Finance
Please note that Master courses are very advanced and only guest students meeting the
following requirements may enrol in such courses:
•
•
•
•
a bachelor degree or three years of study completed before departure;
a very good command of Italian language;
the necessary prerequisites;
no time-table clashes because attendance of each course is compulsory.
Credits: from 4 to 8 depending on the course.
Total credits for each degree course: 120
90
Economics and Finance
FIRST YEAR
Economics and Finance
(THE FIRST YEAR IS THE SAME AND COMMON TO THE THREE AREAS OF DEGREE)
Fall semester
Credits
FINANCIAL MARKETS LAW
Diritto dei Mercati Finanziari
8
MACROECONOMIC AND INTERNATIONAL FINANCE
Macroeconomia e Finanza Internazionale
8
INTERNATIONAL ACCOUNTING STANDARDS
Principi Contabili Internazionali
6
MATHEMATICAL METHODS FOR FINANCE
Metodi Matematici per la Finanza
8
Learning Activities
Credits
BUSINESS ENGLISH or INTERNSHIP or SEMINARS
Business English opp. Internship opp. Seminario
5
ELECTIVE COURSE
Esame a scelta
8
PROJECT WORK
Project Work
21
91
FIRST YEAR
Banks and Financial Intermediaries/Insurance and Pension Funds
Spring semester
Credits
FINANCIAL DERVIATIVES
Derivati Finanziari
8
CORPORATE FINANCE (ADVANCED)
Finanza Adiendale (Avanzato)
8
M&A AND INVESTMENT BANKING
M&A and Investment Banking
8
MICROECONOMICS FOR FINANCE
Microeconomia per la Finanza
8
ELECTIVES*
Credits
INSURANCE LAW
Diritto delle Assicurazioni
8
SOCIAL SECURITY LAW
Diritto della Previdenza Sociale
8
* there will be an examination on one of the two.
92
FIRST YEAR
Quantitative Finance and Markets
Spring semester
Credits
STOCHASTIC PROCESSES AND FINANCIAL APPLICATIONS
Processi Stocastici e Applicazioni Finanziarie
8
CORPORATE FINANCE (ADVANCED)
Finanza Aziendale (Avanzato)
8
MICROECONOMICS FOR FINANCE
Microeconomia per la Finanza
8
M&A AND INVESTMENT BANKING
M&A and Investment Banking
8
93
SECOND YEAR
Economics and Finance
Fall semester
Credits
COMPETITION ECONOMICS AND REGULATION
Economia della concorrenza e della regolamentazione
8
INTERNATIONAL FINANCE
Finanza Internazionale
4
CORPORATE FINANCE (Advanced)
Finanza aziendale (corso progredito)
4
FINANCIAL INTERMEDIARIES (Advanced)
Economia degli intermdiari finanziari (corso progredito)
6
Learning Activities
Credits
ELECTIVE COURSE
Esame a scelta
4
ELECTIVE COURSE
Esame a scelta
8
BUSINESS ENGLISH or INTERNISHIP or SEMINARS
Business English opp. Internship opp. Seminari
5
PROJECT WORK
Project Work
21
94
Economics and Business Management
FIRST YEAR
Economics and Business Management
THE FIRST SEMESTER IS THE SAME AND COMMON TO THE THREE AREAS OF DEGREE
Fall semester
Credits
BUSINESS ECONOMICS (ADVANCED)
Economia dell’Impresa (corso progredito)
8
ECONOMICS AND INTERNATIONAL ENTERPRISES
MANAGEMENT
Economia e gestione delle imprese internazionali
8
ADVANCED BUSINESS LAW
Diritto Commerciale Progredito
8
GLOBAL ECONOMIC POLICIES AND OUTLOOK
Prospettive e Politiche Economiche Globali
6
Learning Activities
Credits
BUSINESS ENGLISH or INTERNISHIP or SEMINARS
Business English opp. Internship opp. Seminari
PROJECT WORK
Project Work
5
21
ELECTIVE COURSE
Esame a scelta
8
95
Note: Students that have already passed the examination in Economics and International
Enterprises Management for the purposes of the 3-year degree course must replace it with one
of the following:
BUSINESS PLANNING AND CREATION
8 (Spring
semester)
Business Planning e Creazione di Impresa
MANAGEMENT OF INNOVATION
8 (Fall
semester)
Gestione dell’Innovazione Aziendale
INTERNATIONAL BUSINESS
8 (Fall
semester)
International Business
LUXURY MANAGEMENT
8 (Fall
semester)
Luxury Management
TOURISM MANAGEMENT
8 (Fall
semester)
Tourism Management
96
FIRST YEAR
Management
Spring semester
Credits
QUANTITATIVE METHODS FOR MANAGEMENT
Metodi Quantitativi per il Management
8
BUSINESS ORGANISATIONS (ADVANCED)
Organizzazione Aziendale (Avanzato)
8
BUSINESS METHODS AND RATIOS
Metodologie e Determinazioni Quantitative d’Azienda
8
STRATEGIC MARKETING
Marketing strategico
8
Marketing
Spring semester
Credits
QUANTITATIVE METHODS FOR MANAGEMENT
Metodi Quantitativi per il Management
8
STATISTICS AND MARKET RESEARCH
Statistica e Ricerche di Mercato
8
STRATEGIC MARKETING
Marketing Strategico
8
DISTRIBUTION SYSTEMS
Sistemi di Distribuzione
8
97
FIRST YEAR
Business Finance
Spring semester
Credits
FINANCIAL MATHEMATICS (ADVANCED)
Matematica Finanziaria (Progredito)
8
MANAGEMENT CONTROLS (ADVANCED)
Controllo di Gestione (Avanzato)
8
CORPORATE GOVERNANCE AND INTERNAL AUDITING
Corporate Governance e Internal Auditing
8
M&A AND INVESTMENT BANKING
M&A e Investment Banking
8
Professional
Spring semester
Credits
FINANCIAL MATHEMATICS (ADVANCED)
Matematica Finanziaria (Progredito)
8
BUSINESS CONSULTING TECHNIQUES
Tecnica Professionale
8
BUSINESS APPRAISAL
Valutazioni d’Azienda
8
TAX LAW
Diritto Tributario
8
98
SECOND YEAR
Business Management
Fall semester
Credits
BANKING
Tecnica bancaria (Corporate Investment Banking)
8
BUSINESS STRATEGY
Strategie d’impresa
8
COMPETITION ECONOMICS AND REGULATION
Economia della concorrenza e della regolamentazione
4
INDUSTRIAL MARKETING
Marketing industriale
6
Spring semester
Credits
ENGLISH LANGUAGE
Lingua Inglese
5
FINAL DISSERTATION
Prova Finale
21
ELECTIVE COURSE
Esame a scelta
8
99
SECOND YEAR
Business Finance
Fall semester
Credits
BUSINESS STRATEGY
Strategia e sistemi di pianificazione (Strategie d’impresa)
8
CORPORATE PROJECT FINANCE
Finanza aziendale e di progetto
4
MONETARY AND FINANCIAL MARKETS
Economia dei mercati monetari e finanziari
6
SECURITIES AND DERIVATIVES
Economia del mercato mobiliare
4
Spring semester
Credits
ENGLISH LANGUAGE
Lingua Inglese
5
FINAL DISSERTATION
Prova Finale
21
ELECTIVE COURSE
Esame a scelta
8
100
SECOND YEAR
Economics and Management of International Enterprises and Organisations
Fall semester
Credits
BUSINESS STRATEGY
Strategia e sistemi di pianificazione (Strategie d’impresa)
8
INTERNATIONAL CORPORATE FINANCE (Advanced)
Finanza aziendale internazionale (corso progredito)
6
INTERNATIONAL ECONOMIC INSTITUTIONS
Istituzioni economiche internazionali
4
INTERNATIONAL RELATIONS
Relazioni internazionali
4
JOINT VENTURE AND OTHER FORMS OF
CO-OPERATION
Joint venture e altre forme cooperative internazionali
4
Spring semester
Credits
ENGLISH LANGUAGE
Lingua Inglese
5
FINAL DISSERTATION
Prova Finale
21
ELECTIVE COURSE
Esame a scelta
8
101
SECOND YEAR
Marketing Management
Fall semester
Credits
INDUSTRIAL MARKETING
Marketing Industriale
6
TERRITORIAL MARKETING
Marketing Territoriale
4
BUSINESS ORGANIZATION SYSTEMS
Sistemi Organizzativi Aziendali
6
BUSINESS STRATEGY
Strategie e sistemi di pianificazione (Strategie d’Impresa)
8
Spring semester
Credits
ENGLISH LANGUAGE
Lingua Inglese
5
FINAL DISSERTATION
Prova Finale
21
ELECTIVE COURSE
Esame a scelta
8
102
General Management
Please Note: This course, taught entirely in English, is NOT open to Erasmus students.
Foreign students can although enrol as Degree students following the admission procedures as in
section 3 of this guide.
FIRST YEAR
(THE FIRST YEAR IS THE SAME AND COMMON TO THE THREE AREAS OF DEGREE)
General Management
Fall semester
Credits
PERFORMANCE MEASUREMENT
8
COMPANY AND BUSINESS LAW
8
GLOBAL MECROECONOMICS
8
QUANTITATIVE METHODS
8
Spring semester
Credits
MANAGERIAL ECONOMICS
6
CORPORATE FINANCE
8
MARKETING MANAGEMENT
8
STRATEGIC MANAGEMENT
8
103
FIRST YEAR
(DDIM)
General Management
Fall semester
Credits
PERFORMANCE MEASUREMENT
8
BUSINESS LAW AND INSTITUTIONS
8
GLOBAL MECROECONOMICS
8
QUANTITATIVE METHODS
8
Spring semester
PEOPLE MANAGEMENT
Credits
6
CORPORATE FINANCE (ADVANCED)
8
MARKETING MANAGEMENT
8
STRATEGIC MANAGEMENT
8
104
General Management
SECOND YEAR
International Business
Fall semester
Credits
INTERNATIONAL BUSINESS
8
INTERNATIONAL TRADE
8
INTERNATIONAL FINANCE
8
INTERNATIONAL MARKETING
6
Spring semester
Credits
MASTER THESIS (WITH A PROJECT WORK)
21
BUSINESS ENGLISH
3
ELECTIVES
8
105
General Management
SECOND YEAR
Management of Innovation
Fall semester
Credits
ECONOMICS OF INNOVATION AND COMPETITIVENESS
6
ENTERPRENEURSHIP AND VC
8
MANAGEMENT OF INNOVATION AND IPR
8
BUSINESS INFORMATION SYSTEMS
8
Spring semester
Credits
MASTER THESIS (WITH A PROJECT WORK)
21
BUSINESS ENGLISH
3
ELECTIVES
8
106
General Management
SECOND YEAR
Business Management for Luxury and Tourism
Fall semester
Credits
LUXURY MANAGEMENT
8
TOURISM MANAGEMENT
8
INTERNATIONAL BUSINESS
8
INTERNATIONAL MARKETING
6
Spring semester
Credits
MASTER THESIS (WITH A PROJECT WORK)
21
BUSINESS ENGLISH
3
ELECTIVES
8
107
General Management
SECOND YEAR
Finance
Fall semester
Credits
INTERNATIONAL FINANCE
8
M&A AND INVESTMENT BANKING
8
ENTERPRENEURSHIP AND VC
8
ASSET MANAGEMENT
6
Spring semester
Credits
MASTER THESIS (WITH A PROJECT WORK)
21
BUSINESS ENGLISH
3
ELECTIVES
8
108
▌DESCRIPTION OF COURSES
(Alphabetical Order)
Master Courses
General Management
(NOT OPEN TO ERASMUS STUDENTS)
1
E2-AM1-GM: ASSET MANAGEMENT
(NOT OPEN TO ERASMUS STUDENTS)
Fall semester; 70 lectures; 7 hrs per week; 8 credits
International and local regulatory framework
Capital market theory and asset pricing
Security analysis & valuation
Asset management products and fund administration
Risk management practices
Additional topics reflecting the interests of the audience
Assessment:
Professor:
written exam
Micillo
Textbooks:
Brown & Reilly, Investment Analysis and Portfolio Management, International edition (2005)
(required);
Litterman et al., Modern Investment Management: An Equilibrium Approach (2003)
(recommended).
2
E2-BIS2-GM: BUSINESS INFORMATION SYSTEMS
(NOT OPEN TO ERASMUS STUDENTS)
Fall semester; 70 lectures; 7 hrs per week; 8 credits
The content of the course is not available at the time of publication.
Assessment:
Professor:
oral exam
Spagnoletti
3
E1-CBL3-GM: COMPANY AND BUSINESS LAW
(NOT OPEN TO ERASMUS STUDENTS)
Fall semester; 70 lectures; 7 hrs per week; 8 credits
Introduction (legal terms). Common law vs. civil law jurisdictions. Insider vs. outsider systems.
Legal characteristics of listed companies worldwide. Corporate law and the agency problem. The
economic analysis of law. Shareholders vs. managers. Controlling shareholders vs. minority
shareholders. Governance structures to protect shareholders as class. Corporate governance and
ownership structure. Board structures (one-tier; two-tier (vertical / horizontal). OECD principles
109
of corporate governance. Ownership structure and fundamental principles of company law in:
Italy; UK; Germany; USA. Codes of best practice in the same countries. International contracts.
The above mentioned topics will be dealt with also through examination of: by-laws drafted by
major listed companies around the world; leading case-law; contracts.
Assessment:
Professor:
written exam
Bruno
Textbooks:
Kraakman, Davies, Hansmann, Hertig, Hopt, Kanda, Rock, The anatomy of corporate law. A
comparative and functional approach, Oxford University Press, 2004 Cases and materials
distributed during the course;
Sabrina Bruno, Lectures on fundamental principles of comparative company law (to be
downloaded from the site).
Materials: cases (to be downloaded from the site); OECD Principles of corporate governance
(see www.oecd.org); Italian Code of Best Practice (www.borsaitaliana.it);
German Code of Best Practice; English Code of Best Practice; By-laws of major international
listed companies (to be downloaded from the site).
4
E1-CF(adv)4-GM: CORPORATE FINANCE (ADVANCED)
(NOT OPEN TO ERASMUS STUDENTS)
Spring semester; 70 lectures; 7 hrs per week; 8 credits
CAPITAL BUDGETING
1)
Investment decision rules
2)
Fundamentals of capital budgeting
VALUING BONDS AND STOCKS
1)
Valuing bonds
2)
Valuing stocks
RISK AND THE COST OF CAPITAL
1)
Capital markets and the pricing of risk
2)
Portfolio choices
3)
Capital asset pricing model
4)
Alternative models of systematic risk
CAPITAL STRUCTURE AND VALUATION
1)
Capital structure in a perfect market
2)
The effect of debt and taxes
3)
Valuation
MERGERS & ACQUISTIONS
Other Activities:
Assessment:
Professor:
case studies and papers
oral and written exam
Oriani
Textbooks:
Berk J., DeMarzo P., Corporate Finance, Pearson International Education, 2007.
110
5
E2-EIC5-GM: ECONOMICS OF INNOVATION AND COMPETITIVENESS
(NOT OPEN TO ERASMUS STUDENTS)
Fall semester; 70 lectures; 7 hrs per week; 8 credits
The content of the course can be divided into three parts.
Part I: macroeconomic analysis of technological change. Main topics: the relationship between
technological progress and the performance of the economic system (economic growth and wage
inequality).
Part II: microeconomic analysis of innovations. Main topics: intellectual property rights
protection (IPRs), innovation and market structure, technology diffusion and adoption,
uncertainty and innovation, empirical evidence at the firm's level.
Part III: the policy perspective. Main topics: the role of public policy in fostering innovation,
comparative technology policy in the US and in the EU, the political economy of technological
change.
Other Activities:
Assessment:
Professor:
case studies and papers
written exam
Giordani
Textbooks:
Mainly short articles from recent literature, plus some selected readings from:
Freeeman, C. and L. Soete (1997), The Economics of Industrial Innovation, 3rd edition, reprinted
2004), The MIT Press;
Jones, C. (2002), Introduction to Economic Growth, 2nd edition, W.W. Norton&Co;
Scherer, F. M. (1999), New Perspectives on Economic Growth and Technological Innovation,
Washington, DC: The Brookings Institution.
6
E2-EVC6-GM: ENTERPRENEURSHIP AND VC
(NOT OPEN TO ERASMUS STUDENTS)
Fall semester; 70 lectures; 7 hrs per week; 8 credits
•
What is entrepreneurship?
Entrepreneurial ideas
Entrepreneurial Opportunities
Entrepreneurship as a management style
Entrepreneurial Strategy:
Entry strategies and Competitive strategies
The entrepreneurial team and the attraction of resources
•
•
•
•
•
•
•
What is Venture capital financing and how it can be
Venture capital investment process and the key role of the business plan
Structuring a Venture capital investment
The basic finance of venture capital investment
Venture capital valuation method
Advanced valuation methods for entrepreneurial ventures
The type and role of professional advisors in a Venture capital transaction
•
•
•
•
•
Other Activities:
Assessment:
Professor:
case studies and papers
group work
Lechner; Oriani
111
Textbooks:
Metrick A., Venture Capital and the Finance of Innovation, Wiley, 2007;
Sahlman, W., Stevenson, H., Robertson, M., and Bhide, A., The Entrepreneurial Venture, 2nd
edition, Harvard Business School press, 1999.
7
E1-GM7-GM: GLOBAL MACROECONOMICS
(NOT OPEN TO ERASMUS STUDENTS)
Fall semester; 70 lectures; 7 hrs per week; 8 credits
The course analyzes various macroeconomic topics, with emphasis on the open economy. The
issues are: economic growth, business cycles, the balance of payments, inflation and economic
policy.
Other Activities:
Assessment:
Professor:
case studies and papers
oral and written exam
Zeira
Textbooks:
The main material for the course will be the class presentations, which will be posted at the
course website. In addition to that there is a textbook that accompanies the course and the
readings below refer to it:
Sachs, Jeffrey D., Larrain, Felipe B., Macroeconomics in the Global Economy, Prentice Hall, New
Jersey, 1993.
The textbook is highly recommended but is not strictly required.
8
E2-IB8-GM: INTERNATIONAL BUSINESS
(NOT OPEN TO ERASMUS STUDENTS)
Fall semester; 70 lectures; 7 hrs per week; 8 credits
The course will move through the following major components:
• The global economy and the rise of Brazil, India and China;
• The emergence of multinational corporations;
• International competitive strategy and its determinants;
• Firm capabilities and their strategic harnessing, through internal development or through
leverage from elsewhere;
• Global interfirm networks of production, R&D and logistics, and cluster dynamics as a
source of advantage;
• Latecomer firms: the processes of resource leverage that enable firms to diversify and
enter new markets, and in particular enable latecomer firms to break into advanced
industries like semiconductors;
• National competitive advantages, particularly as applied to the case of peripheral
economies.
The course will be presented in ten sessions, in 4-hour blocks. The first two sessions will consist
of overviews presented by the course coordinator, establishing the fundamentals of competitive
dynamics in the context of global industries, and the processes of internationalization. Each
session thereafter will in general consist of an introductory presentation of a chosen case,
presented against the background of the Readings, made by a syndicate group, followed by class
questions and discussion, and an overview by the course coordinator. After a break, an exercise
or case study will generally be set, to be completed within syndicates, who will report back to a
plenary on their findings. Alternatively, syndicates will work on their projects, for oral
presentation in the final sessions.
112
The class will be formed into SEVEN syndicates (depending on numbers). Group presentations on
Readings topics will begin in SESSION 3. Project presentations will be made in Sessions 9 and 10.
Individual minor assignments are to be handed in by Session 6 of the course. Group projects are
due to be handed in on the day of the Exam.
Assessment:
Professor:
Group project; written and oral exam
Mathews
Textbooks:
The material will be provided during the semester.
9
E2-IF9-GM: INTERNATIONAL FINANCE
(NOT OPEN TO ERASMUS STUDENTS)
Fall semester; 70 lectures; 7 hrs per week; 8 credits
The aim of this course is to provide an integrated view of international financial markets and the
management of multinational firms. The focus will be on the markets for spot exchange,
currency forwards, options, swaps, international bonds, and international equities. For each of
these markets, students will study the valuation of instruments traded in these markets and,
through cases, the application of these instruments to the following corporate decisions: (i)
managing exposure to exchange rates and country risk, (ii) financing in international capital
markets, and (iii) international capital budgeting in the presence of multiple currencies,
international tax regulations, and sovereign risk.
Assessment:
Professor:
written and oral exam
Benigno
Textbooks:
Bekaert, Geert and Robert Hodrick, 2007, International Financial Management, unpublished
manuscript;
Sercu, Piet, 2007, International Finance: Putting Theory to Practice, unpublished manuscript.
10
E2-IM10-GM: INTERNATIONAL MARKETING
(NOT OPEN TO ERASMUS STUDENTS)
Fall semester; 70 lectures; 7 hrs per week; 8 credits
Introduction to international marketing; Analysis of the international marketing environment;
Segmenting international markets; Developing international marketing strategies; Entry
strategies; Developing and managing the marketing mix in international markets.
Assessment:
Professor:
participation in class, presentation of case studies and
final examination
Quintano
Textbooks:
Czinkota M.R., Ronkainen I.A., International Marketing, Harcourt College Publisher;
selected readings.
113
11
E2-IT11-GM: INTERNATIONAL TRADE
(NOT OPEN TO ERASMUS STUDENTS)
Fall semester; 70 lectures; 7 hrs per week; 8 credits
1
2
3
4
5
6
7
8
Multinationals: What Are They and How Are They Measured?
The Multinational Enterprise: an Overview of Theory and Empirical Findings
Horizontal Foreign Direct Investment: Product Market Access
Vertical Foreign Direct Investment: Input Costs and Factor Prices
Determinants of FDI: the Evidence
Host Country Effects: Conceptual Framework and the Evidence
FDI and the Host Economy: a Case Study of Ireland
Home Country Effects of Foreign Direct Investment
Assessment:
Professor:
project work and/or written and oral test
Manzocchi
Textbooks:
Giorgio Barba Navaretti and Anthony J. Venables (eds.), Multinational Firms in the World
Economy, Princeton University Press, 2004.
Other teaching materials (in particular for Points 3 and 4 of the Program), and the slides of the
lectures, will be made available for students.
Background Reference (not compulsory for students with some knowledge of International
economics) :
Paul R. Krugman, Maurice Obstfeld, International Economics, 2006.
12
E2-LM12-GM: LUXURY MANAGEMENT
(NOT OPEN TO ERASMUS STUDENTS)
Fall semester; 70 lectures; 7 hrs per week; 8 credits
In order to give students an understanding of the theory and practices typical of the luxury and
design industries, the course structure has been divided into two main areas:
1. Lessons: As detailed in the course calendar, lessons will be primarily based on excathedra style where we ask each student to actively participate during the class in order
to discuss the principles associated with the course. This participation is paramount as a
portion of each student’s grade is going to be assessed by the degree and quality of the
discussion that will be held in class.
2. Project: In parallel to the ex-cathedra activities, this course foresees the development of
a project that will be conducted in a team environments on behalf of students. The
objective of this part of the course is to allow each student to familiarize themselves
with the principles and theories presented and discussed during the lectures and apply
them to the development of a project in which each group must respond to a company
brief that (based on the subject at hand) necessitates the development of an innovative
solution to the problem at hand.
Projects will be developed both during classroom time (for which special Group Work
Sessions have been planned) and outside classroom time. Typically, while Group Work
Sessions will help project teams organize themselves, allow each group to have a
common meeting ground to work together, and allow each group to interact with the
course Professors / Assistants, it is strongly recommended that each group develop their
own way to dedicate the necessary time to carry out the various tasks associated with
this part of the course.
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Assessment:
Professor:
written exam
Marchesi; Festa
Textbooks:
This course is based on the following material:
1. Let Them Eat Cake: Marketing Luxury to the Masses - As well as the Classes
Pamela Danziger (Jan 1, 2005)
2. The Cult of the Luxury Brand: Inside Asia's Love Affair With Luxury
Radha Chadha (Jan 9, 2007)
3. Deluxe: How Luxury Lost Its Luster
Dana Thomas (Aug 16, 2007)
4. Trading Up: The New American Luxury
Michael Silverstein (Oct 1, 2003)
5. The Affluent Consumer: Marketing and Selling the Luxury Lifestyle
Ronald D. Michman, Edward M. Mazze
6. Luxury Fashion Branding: Trends, Tactics, Techniques
Uche Okonkwo
7. Luxury Brand Management: A World of Privilege
Michel Chevalier, Gerald Mazzalovo
8. Design Management: Using design to build brand value and corporate innovation
Brigitte Borja de Mozota, Allworth Press NY, 2003
9. Design Management: Managing Design Strategy, Process and Implementation
Kathryn Best, AVA publishing, 2006
10. Course lecture slides (PDF format).
13
E2-M&AIB13-GM: M&A AND INVESTMENT BANKING
(NOT OPEN TO ERASMUS STUDENTS)
Fall semester; 70 lectures; 7 hrs per week; 8 credits
In this course students learn how investment banks and investment bankers operate. M&A,
public offerings, venture capital, sales and trading, merchant banking, debt financing,
institutional research, among numerous other aspects of the investment banking field, are
studied, analyzed, and discussed. Emphasis is on developing analytical tools and social skills
necessary to succeed in the world of international high finance. The role of a successful analyst
and associate operating in such settings, and working on such transactions will be emphasized in
particular.
Assessment:
written exam, case-article analysis, quizzes
Professor:
Langer
Textbooks:
Coursepack of required readings including case studies and pertinent articles to be distributed in
class.
14
E2-MIIPR14-GM: MANAGEMENT OF INNOVATION AND IPR
(NOT OPEN TO ERASMUS STUDENTS)
Fall semester; 70 lectures; 7 hrs per week; 8 credits
The course aims at providing students with a dynamic knowledge of intellectual property (I.P.)
rights and managerial opportunities provided by legal protection in terms of competitive
advantage for the firm. The course includes a basic introduction to different I.P. rights and it
115
deals with the economic, strategic, and organizational impact of exclusive control rights on
technologies and innovation.
Assessment:
Professor:
final, take-home, 48-hour exam
Mngnusson, Granieri
Textbooks:
Students have the chance to chose between the following:
Adam Jolly and Jeremy Philpott (eds), A Handbook of Intellectual Property Right Management:
Protecting, developing and exploiting your IP assets, London, Kogan Page, 2oo4, ISBN 0-74944223-9;
or
a hand-out of selected readings edited by the teacher, that can be enriched with class notes.
15
E1-ME15-GM: MANAGERIAL ECONOMICS
(NOT OPEN TO ERASMUS STUDENTS)
Spring semester; 70 lectures; 7 hrs per week; 8 credits
The aim of the course is to provide students with the knowledge and skills necessary to support
managerial decision-making. The course will focus on the international dimension of modern
managerial economics. It will show how managerial decisions are made, providing references to
real world case studies.
Lectures will make references to simple economic modelling and to tools and techniques for the
estimation of decision models. Typically, lectures will focus on the economic analysis of how
Managers take decisions regarding price and output in specific contexts.
Other Activities:
Assessment:
Professor:
classroom exercises, presentations
written exam
Muscio
Textbooks:
Salvatore D., Managerial Economics in a Global Economy, Oxford University Press South-Western,
6th ed.
Articles distributed to students during the course
16
E1-MM16-GM: MARKETING MANAGEMENT
(NOT OPEN TO ERASMUS STUDENTS)
Spring semester; 70 lectures; 7 hrs per week; 8 credits
Marketing is about the management of relations in the marketplace, and is realized by providing
an offer to clients whose value exceeds that provided by competitors.
In order to do so, businesses need to
• Understand customers, through market research;
• Set up a marketing information system to analyze competitors;
• Define an appropriate marketing strategy, by choosing an attractive target and by
devising a distinctive positioning strategy;
• Design and price a competitive "value proposition", in terms of products, services and
experiences provided to clients;
• Deliver one's offer, by deciding the appropriate communication and distribution systems
and activities.
116
Assessment:
Professor:
group and individual assignments and written exam
Marcati
Textbooks:
G. Armstrong & Ph. Kotler, Marketing: An Introduction" (8/e edition), Pearson, 2006
A detailed syllabus and additional materials will be provided at the beginning of the classes.
17
E1-PM17-GM: PERFORMANCE MEASUREMENT
(NOT OPEN TO ERASMUS STUDENTS)
Fall semester; 70 lectures; 7 hrs per week; 8 credits
This course focuses on the theoretical and practical processes of designing, implementing and
using performance measurement systems.
It goes beyond financial and not financial measures introducing students to a series of practical
tools and techniques that can be used to identify, design, analyze, manage and implement a
performance measurement system.
The main themes include:
measuring performance: theoretical foundations and main perspectives;
the performance measurement tools;
financial vs. non financial indicators;
how to use the measures to manage and improve performance: accounting, marketing
and organizational perspectives;
Performance as a mechanism for motivation and control
Other Activities:
Assessment:
Professor:
case studies and papers
oral and written exam
Fiori
Textbooks:
Neely A., Business Performance measurement, Cambridge University Press, 2004;
Harvard Business Review on Measuring Corporate Performance. Harvard Business Review
Paperback Series;
Brealy - Myers, Principles of Corporate Finance, McGrow-Hill College, 2005.
18
E1-QM18-GM: QUANTITATIVE METHODS
(NOT OPEN TO ERASMUS STUDENTS)
Fall semester; 70 lectures; 7 hrs per week; 8 credits
Descriptive statistics, basic
Hypotheses. Linear models.
probability,
Other Activities:
Assessment:
Professor:
estimation
and
confidence
intervals.
Testing
case studies and papers
oral and written exam
Rinott
Textbooks:
Berenson, Levine and Krehbiel, Basic Business Statistics concepts and applications, Prentice
Hall.
117
19
E1-SM19-GM: STRATEGIC MANAGEMENT
(NOT OPEN TO ERASMUS STUDENTS)
Spring semester; 70 lectures; 7 hrs per week; 8 credits
I. The concept of strategy
• The role of analysis in strategy formulation
• The distinction between corporate and business strategy
II. Analyzing the industry environment
• From environmental analysis to industry analysis
Classical Strategic Analysis: Structure-Conduct-Performance Paradigm
• Analysing industry attractiveness
• Porter: The five forces framework
III. Analysing Resources and capabilities
• The role of resources and capabilities in strategy formulation
• Organizational capabilities
• Developing Resources and capabilities
• The contribution of knowledge management
IV. Business Strategy
• Competitive advantage: identifying key success factors
• Sustaining competitive advantage
• Cost leadership
• Differentiation Strategy
• Segmentation Strategy
V. Corporate Strategy
• Vertical Integration
• Global Strategies and Multinational Corporation: Internationalization
• Diversification: managing the multi-business corporation
VI. Strategy Valuation Methods
• Net Present Value (NPV)
• Valuation using Multiples
• Market Value and Book Value
Real options Method (ROM)
Other Activities:
Assessment:
Professor:
lectures, seminars, business cases and simulation
participation in class discussion, business case
competition, oral exam
Boccardelli
Textbooks:
Robert M. Grant, Contemporary Strategy Analysis, 6th edition, Blackwell Publishing;
Robert M. Grant, Case to Accompany Contemporary Strategy Analysis, 6th edition, Blackwell
Publishing.
20
E2-TM20-GM: TOURISM MANAGEMENT
(NOT OPEN TO ERASMUS STUDENTS)
Fall semester; 70 lectures; 7 hrs per week; 8 credits
The course will focus on the following topics:
1. Tourism, tourists and tourism products. The components of the economic structure of the
tourism system. The distribution channel: the main components of the value chain and the
distribution of tourism products.
118
2. The strategic competitive forces for the differentiation and increased competitiveness of
tourism businesses.
3. Tourism marketing. Features of the marketing of services as applied to tourism. Purchasing
behaviour in the tourism industry: the decision-making process of consumers and
organisations.
4. The segmentation of tourism demand and positioning.
5. Communication in the tourism industry: evocativeness and concreteness.
6. The evolution and future development of the tourism industry.
7. Technological development and tourism: effects of and prospects for the advent of the
digital era in the tourism industry.
8. The internationalisation of tourism. The strategic players in global tourism and tools to
access international tourism flows.
9. Destination management: the competitiveness of tourist destinations. Local resources and
means of promoting and enhancing destinations.
10. Tourism policy: State, regions, provinces and tourism. Strategies for the promotion and
management of tourism by public authorities.
Other Activities:
Assessment:
Professor:
lectures, seminars, business cases and simulation
participation in class discussion, business case
competition, oral exam
Lazzerini; Dell’Aglio
Textbooks:
P.Kotler, J.Bowen, J.Makens, Marketing del Turismo, ed. McGraw Hill, second edition, 2007;
Francesco Giordana, La Comunicazione del Turismo tra immagine, immaginario e immigrazione,
ed. Franco Angeli, 2008;
Mario Grasso, Le imprese di viaggio. Analisi strategica e politiche di marketing per il vantaggio
competitivo, ed. Franco Angeli, 6th edition, 2006;
Carla Rossi, Il management delle imprese di viaggio e turismo. Strategie e marketing, ed.
Franco Angeli, 2008.
119
▌SUMMARY TABLE OF COURSES
MASTER’S DEGREE COURSES
Please note that master courses are very advanced and only guest students meeting
the following requirements may enrol in such courses:
•
•
•
•
a bachelor degree or three years of study completed before departure;
a very good command of Italian language;
the necessary prerequisites;
no time-table clashes because attendance of each course is compulsory.
Credits: from 4 to 8 depending on the course
Total credits for each degree course: 120
Please remember when semesters start:
First Year:
Fall Semester: Sept- Dec
Spring Semester: Mar- Jun
Second Year: Fall Semester: Sept- Dec
Spring Semester: Mar- Jun
oe:
we:
Key
oral exam
written exam
Year/Sem
Assessment
Credits
2/F
we/oe
8
ECONOMICS AND FINANCE
E2-CER1-M
COMPETITION ECONOMICS AND REGULATION
(Economia della concorrenza e
regolamentazione)
E2-CF(adv)2-M
CORPORATE FINANCE (Advanced)
(Finanza aziendale - corso progredito)
2/F
4
E1-CF(adv)3-M
CORPORATE FINANCE (Advanced)
(Finanza aziendale - corso progredito)
1/S
8
E1-FD4-M
FINANCIAL DERVIATIVES
(Derivati Finanziari)
1/S
8
E2-FI(adv)5-M
FINANCIAL INTERMEDIARIES (ADVANCED)
(Economia degli Intermediari finanziari –
Corso Progredito)
2/F
120
we/oe
6
E1-FML6-M
FINANCIAL MARKETS LAW
(Diritto dei Mercati Finanziari)
1/F
8
E1-IAS7-M
INTERNATIONAL ACCOUNTING STANDARDS
(Principi Contabili Internazionali)
1/F
6
E2-IF8-M
INTERNATIONAL FINANCE
(Finanza Internazionale)
2/F
E1-MIF9-M
MACROECONOMIC AND INTERNATIONAL
FINANCE
(Macroeconomia e Finanza Internazionale)
we/oe
4
1/F
8
E1-MMF10-M
MATHEMATICAL METHODS FOR FINANCE
(Metodi Matematici per la Finanza)
1/F
8
E1-MF11-M
MICROECONOMICS FOR FINANCE
(Microeconomia per la Finanza)
1/S
8
E1-M&AIB12-M
M&A AND INVESTMENT BANKING
(M&A and Investment Banking)
1/S
8
1/S
8
E1-SPFA13-M
STOCHASTIC PROCESSES AND FINANCIAL
APPLICATIONS
(Processi Stocastici e Applicazioni Finanziarie)
121
Year/Sem
Assessment
Credits
ECONOMICS AND BUSINESS MANAGEMENT
E1-ABL1-M
ADVANCED BUSINESS LAW
(Diritto Commerciale Progredito)
1/F
8
2/F
8
E2-BA3-M
BUSINESS APPRAISAL
(Valutazioni d’Azienda)
1/S
8
E1-BCT4-M
BUSINESS CONSULTING TECHNIQUES
(Tecnica Professionale)
1/S
8
E1-BE(adv)5-M
BUSINESS ECONOMICS - ADVANCED
(Economia dell’Impresa – corso progredito)
1/F
8
1/S
8
E2-BOS7-M
BUSINESS ORGANIZATION SYSTEMS
(Sistemi Organizzativi Aziendali)
2/F
6
E1-BO(adv)8-M
BUSINESS ORGANISATIONS (ADVANCED)
(Organizzazione Aziendale - Avanzato)
1/S
8
E1-BPC9-M
BUSINESS PLANNING AND CREATION
(Business Planning e Creazione d’Impresa)
1/S
8
E2-BS10-M
BUSINESS STRATEGY
(Strategie d’Impresa)
2/F
8
2/F
8
E2-B2-M
BANKING
(Tecnica Bancaria – Corporate Investment
Banking)
E1-BMR6-M
BUSINESS METHODS AND RATIOS
(Metodologie e Determinazioni Quantitative
d’Azienda)
E2-BS11-M
BUSINESS STRATEGY
(Strategia e Sistemi di Pianificazione –
Strategie d’Impresa)
122
E2-CER12-M
COMPETITION ECONOMICS AND REGULATION
(Economia della Concorrenza e della
Regolamentazione)
2/F
4
1/S
8
E2-CPF14-M
CORPORATE PROJECT FINANCE
(Finanza Aziendale e di Progetto)
2/F
4
E1-DS15-M
DISTRIBUTION SYSTEMS
(Sistemi di Distribuzione)
1/S
8
1/F
8
E1-FM(adv)17-M
FINANCIAL MATHEMATICS - ADVANCED
(Matematica Finanziaria - progredito)
1/S
8
E1-GEPO18-M
GLOBAL ECONOMIC POLICIES AND OUTLOOK
(Prospettive Politiche Economiche Globali)
1/F
6
E2-IM19-M
INDUSTRIAL MARKETING
(Marketing Industriale)
2/F
6
E1-IB20-M
INTERNATIONAL BUSINESS
(International Business)
1/F
8
2/F
6
E2-IEI22-M
INTERNATIONAL ECONOMIC INSTITUTIONS
(Istituzioni Economiche Internazionali)
2/F
4
E2-IR23-M
INTERNATIONAL RELATIONS
(Relazioni Internazionali)
2/F
4
E1-CGIA13-M
CORPORATE GOVERNANCE AND INTERNAL
AUDITING
(Corporate Governance e Internal Auditing)
E1-EIEM16-M
ECONOMICS AND INTERNATIONAL ENTERPRISES
MANAGEMENT
(Economia e gestione delle imprese
interazionali)
E2-ICF(adv)21-M
INTERNATIONAL CORPORATE FINANCE ADVANCED
(Finanza Aziendale Internazionale - progredito)
123
E2-JVOFC24-M
JOINT VENTURE AND OTHER FORMS OF COOPERATION
(Joint Venture e altre forme cooperative
internazionali)
2/F
4
E1-LM25-M
LUXURY MANAGEMENT
(Luxury Management)
1/F
8
E1-MC(adv)26-M
MANAGEMENT CONTROLS (ADVANCED)
(Controllo di Gestione - Avanzato)
1/S
8
E1-MI27-M
MANAGEMENT OF INNOVATION
(Gestione dell’Innovazione Aziendale)
1/F
8
E2-MFM28-M
MONETARY AND FINANCIAL MARKETS
(Economia dei Mercati Monetari e Finanziari)
2/F
6
E1-M&AIB29-M
M&A AND INVESTMENT BANKING
(M&A e Investment Banking)
1/S
8
E1-QMM30-M
QUANTITATIVE METHODS FOR MANAGEMENT
(Metodi Quantitativi per il Management)
1/S
8
E2-SD31-M
SECURITIES AND DERIVATES
(Economia del Mercato Mobiliare)
2/F
4
E1-SMR32-M
STATISTICS AND MARKET RESEARCH
(Statistica e Ricerche di Mercato)
1/S
8
E1-SM33-M
STRATEGIC MARKETING
(Marketing Strategico)
1/S
8
E1-TL34-M
TAX LAW
(Diritto Tributario)
1/S
8
E2-TM35-M
TERRITORIAL MARKETING
(Marketing Territoriale)
2/F
4
E1-TM36-M
TOURISM MANAGEMENT
(Tourism Management)
1/F
8
124
Year/Sem
Assessment
Credits
E2-AM1-GM
ASSET MANAGEMENT
2/F
we
6
E2-BIS2-GM
BUSINESS INFORMATION SYSTEMS
2/F
oe
8
E1-CBL3-GM
COMPANY AND BUSINESS LAW
1/F
we
8
E1-CF(adv)4-GM
CORPORATE FINANCE (ADVANCED)
1/S
we/oe
8
E2-EIC5-GM
ECONOMICS OF INNOVATION AND
COMPETITIVENESS
2/F
we
6
E2-EVC6-GM
ENTERPRENEURSHIP AND VC
2/F
we
8
E1-GM7-GM
GLOBAL MACROECONOMICS
1/F
we/oe
8
E2-IB8-GM
INTERNATIONAL BUSINESS
2/F
we/oe
8
E2-IF9-GM
INTERNATIONAL FINANCE
2/F
we/oe
8
E2-IM10-GM
INTERNATIONAL MARKETING
2/F
we/oe
6
E2-IT11-GM
INTERNATIONAL TRADE
2/F
we/oe
8
E2-LM12-GM
LUXURY MANAGEMENT
2/F
we
8
E2-M&AIB13-GM
M&A AND INVESTMENT BANKING
2/F
we
8
E2-MIIPR14-GM
MANAGEMENT OF INNOVATION AND IPR
2/F
we
8
E1-ME15-GM
MANAGERIAL ECONOMICS
1/S
we
6
E1-MM16-GM
1/S
we
8
GENERAL MANAGEMENT
(NOT OPEN TO ERASMUS STUDENTS)
125
MARKETING MANAGEMENT
E1-PM17-GM
PERFORMANCE MEASUREMENT
1/F
we/oe
8
E1-QM18-GM
QUANTITATIVE METHODS
1/F
we/oe
8
E1-SM19-GM
STRATEGIC MANAGEMENT
1/S
oe
8
E2-TM20-GM
TOURISM MANAGEMENT
2/F
oe
8
126
INTER-FACULTY MASTER’S DEGREE COURSE
Law and Economics
Please note that master courses are very advanced and only guest students meeting
the following requirements may enrol in such courses:
•
•
•
•
a bachelor degree or three years of study completed before departure;
a very good command of Italian language;
the necessary prerequisites;
no time-table clashes because attendance of each course is mandatory.
Credits: from 4 to 8 depending on the course.
Total credits for each degree course: 120
127
Law and Economics
FIRST YEAR
Law and Economics
Fall semester
Credits
ECONOMIC ANALYSIS OF LAW
8
COMPARATIVE LAW AND ECONOMICS
Diritto Comparato
8
QUANTITATIVE METHODS FOR SOCIAL SCIENCES /
ECONOMETRICS
Metodi quantitativi per le Scienze Sociali/ Econometria
8
Spring semester
Credits
ANTITRUST LAW AND ECONOMICS (Modules I and II)
8
BEHAVIOURAL ECONOMICSN AND GAME THEORY
8
FINANCIAL MARKETS LAW AND ECONOMICS (Modules I and
II)
Diritto ed Economia dei Mercati Finanziari (moduli I e II)
4
INDUSTRIAL LAW
Diritto Industriale
8
128
SECOND YEAR
Law and Economics
Fall semester
Credits
PROPERTY MANAGEMENT RULES AND TECHNIQUES
Normative e tecniche di gestione della proprietà
intellettuale
8
TECHNOLOGICAL INNOVATION AND DEVELOPMENT
Innovazione tecnologica e sviluppo
8
INTERNATIONAL FINANCIAL INSTITUTIONS
Istituzioni finanziarie internazionali
8
Two 4-credits elective courses
8
Spring semester
Credits
One 4-credits elective course
4
TRAINEESHIP (related to the subject of the thesis)
Introduzione al lavoro, in relazione all’argomento
della tesi
4
GRADUATION THESIS
Tesi progettuale
20
To avoid large classes in the I, II and III year there are two or three sections of each course.
Contact hours involve a variety of activities such as lectures, case studies and seminars.
Full-time attendance is mandatory.
The final examinations for each course are oral. Written tests may on occasion be given during
the course.
129
SUMMARY TABLE OF INTER-FACULTY DEGREE COURSES
Please note that specialist courses are very advanced and only guest students meeting
the following requirements may enrol in such courses:
•
•
•
•
a bachelor degree or three years of study completed before departure;
a very good command of Italian language;
the necessary prerequisites;
no time-table clashes because attendance of each courses is compulsory.
Credits: from 4 to 8 depending on the course
Total credits for each degree course: 120
Please remember when semesters start:
First Year:
Fall Semester: Sept- Dec
Spring Semester: Mar- Jun
Second Year: Fall Semester: Sept- Dec
Spring Semester: Mar- Jun
Year/Sem
Hours
Assessment
Credits
LE1-ALE1
ANTITRUST LAW AND ECONOMICS (1 and 2)
1/S
30
oe
8
LE1-BEGT2
BEHAVIOURAL ECONOMICS AND GAME THEORY
1/S
30
oe
8
LE1-CLE3
COMPARATIVE LAW AND ECONOMICS
(Diritto Comparato)
1/F
30
oe
6
LE1-EAL4
ECONOMIC ANALYSIS OF LAW
(Analisi economica del diritto)
1/F
30
oe
8
2/S
30
1/F
30
LAW AND ECONOMICS
LE2-IFI5
INTERNATIONAL FINANCIAL INSTITUTIONS - 1
and 2
(Istituzioni finanziarie internazionali – moduli 1
e 2)
LE1-QMSSE6
QUANTITATIVE METHODS FOR SOCIAL SCIENCES ECONOMETRICS
(Metodi Quantitativi per le Scienze Sociali –
Econometria)
130
8
oe
8
LE1-ECM7
ECONOMICS OF CONTRACTS AND MARKETS
(Economia dei contratti e dei mercati)
1/I
30
oe
8
LE1-IL8
INDUSTRIAL LAW
Diritto Industriale
1/S
30
oe
8
1/S
30
oe
4
2/F
30
oe
8
2/F
30
oe
8
LE1-LEFM9
LAW AND ECONOMICS OF FINANCIAL MARKETS (1
and 2)
Diritto ed economia dei mercati finanziari
(moduli 1 e 2)
LE2-PMRT10
PROPERTY MANAGEMENT RULES AND
TECHNIQUES
(Normative tecniche di gestione della proprietà
intellettuale)
LE2-TID11
TECHNOLOGICAL INNOVATION AND
DEVELOPMENT
(Innovazione tecnologice e sviluppo)
131
▌THE SCHOOL OF MANAGEMENT
The School of Management was established in 1985 with the objective of promoting post-degree,
post-diploma and post-experience TRAINEESHIP in the field of management and economics, both
in private companies and public administration.
The school is currently organised in two sections:
♦
MASTER DEGREE
♦
RESEARCH
The Master Degree division runs, among other things, a Master of Business Administration. The
course lasts 16 months and full time attendance is obligatory. In-classroom lectures cover the
following didactic areas:
♦
♦
Accountancy
Credit and financial intermediaries
♦
Corporate finance
♦
Production systems and technological innovation
♦
♦
Information systems
Quantitative methods for management
♦
Organisational behaviour
♦
♦
Marketing
Strategy
♦
Company law and tax legislation
Furthermore, elective courses are also envisaged as is participation in functional and business
projects at companies and institutions characterised by their advanced management methods.
The overall duration is about 1.200 hours of in-classroom didactic activity.
The Research division carries out scientific research either on its own initiative or upon
it being commissioned by organisations and/or companies.
Please note that the courses of the School are not open to Socrates/Erasmus students or
students under others exchange agreements.
132
▌USEFUL INFORMATION FOR GUEST STUDENTS
COST OF LIVING
MONEY
On January 1st, 2002 the Euro was introduced as legal currency in Italy, substituting the Italian
”Lira”.
•
Banks – opening hours: Monday to Friday; 8.30 a.m.- 1.30 p.m. and 2.45 p.m. - 3.45
p.m. We suggest that you go to the bank in the morning. If you wish to open a bank
account in Italy you will first have to obtain your Codice Fiscale (see n.9 TAXPAYER’S
CODE NUMBER).
•
Credit cards are widely accepted in restaurants, hotels, railway stations and shops. You
may use a credit card (Visa, MasterCard, American Express, etc) to cash Euro from
Automatic Teller Machines – ATM – available in every bank at all times. Most cards have a
limit on the amount of cash which can be withdrawn.
We recommend that students bring along a sufficient amount of Euros or travellers cheques to
cover immediate necessities (keep in mind that there are considerable delays involved in
transferring money to Italy from abroad!).
ACCOMMODATION
LUISS University has no dormitory facilities. Most Erasmus students live in private apartments
with Italian or international roommates in the neighbourhoods nearby the University.
The International Relations Office does not take direct responsibility for providing
accommodation. A private organization takes care of it on the basis of the application forms
received (by the International Relations Office of LUISS Guido Carli) by May 31.
The average cost is between € 350 for a place in a double room and € 500 for a single room a
month plus utilities (telephone, electricity, heating, gas). Ask your Coordinator for a copy of the
accommodation documents. Please read the booking conditions carefully, follow the instructions
and complete the application form.
INSURANCE
All guest students are highly required to have an insurance policy covering medical care and
third party liability. It is advisable for them to buy it in their country of origin because these
policies are very expensive in Italy. For students from countries which are members of the
European Union some medical costs are generally covered by their national health service (do
not forget to bring your European Health Insurance Card – EHIC!).
133
MEALS
At the university cafeteria: about 3 €
Take-away pizza shops, snack bars: from 5 to 10 €
Pizzerie (pizza restaurants), Birrerie (beer houses), fast food, Tavole Calde (Self
Service): from 12 up €
Trattorie, Ristoranti (restaurants): from about 20 € up.
PUBLIC TRANSPORTATION
Rome has an integrated public transport network operated by the companies Atac – Cotral – FSFerrovie dello Stato. The system includes a network of metro, bus, tram and metro-type rail
service.
Bus and tram services (ATAC) cover the centre of the city and the suburbs. They
operate from 5.30 a.m. to 12.00 p.m. Night bus service is available from midnight to
5.30 a.m. Night busses are recognized by the number followed by the letter N
(notturno).
The price of a single ticket, valid for 75 minutes, is 1 €.
The price of a monthly ticket, Intera Rete, valid for all busses and the underground, is
about 30 €. Monthly tickets last for the solar month, so we’d recommend to buy them
at the beginning of the month.
Note: Single or monthly tickets must be bought before boarding the bus. They may be purchased
at ATAC kiosks (at the end of the line), news stands, Tabacchi (Tobacco shops) or from
automatic ticket machines. Tickets must be validated on commencement of your journey.
Validation machines are located at the rear of buses and trams, at the entry gates of Metro
stations and within the entrance area of all rail stations.
The underground service is run by ACOTRAL, which also runs extra-urban buses. There are
two lines, A and B, which connect extra-urban and peripheral zones with the centre. The
cost of a single ticket is 1 €.
• Metro line A runs from Battistini Station, situated Northwest of the city, to Agnanina
Station in the Southwest. Due to works in the line for new stations and restoration,
line A runs on rail only from 5:30 a.m. to 9 p.m. After this hour, a bus service is
made available until midnight (until 12:30 a.m. on Saturdays)
• Metro line B runs from Rebibbia station, situated Northeast of the City, to Laurentina
Station to the South. Trains circulate from 5.30 a.m. to 11.30 p.m. (until 12.30 a.m.
on Saturday).
• The one and only changing cross between the two lines is at Termini Station.
With the integrated ticket – Metrebus – you may use all means of public transportation within
the metropolitan area of Rome. It is valid for up to 75 minutes.
The price of a single ticket is 1 €.
•
A shuttle train called Leonardo Express, leaving every 30 minutes (from 6.37 a.m. to
11.37 p.m.) links Fiumicino International Airport with Termini Central Station. The price
of the ticket is 9.5 € for one ride.
•
A shuttle train called FM1 linea urbana, leaving every 15 minutes (from 6.27 a.m. to
11.27 p.m.) links Fiumicino International Airport with Tiburtina Station. The price of the
ticket is about € 5.
134
For information about bus and tram service (ATAC) call the toll-free number 800 43 17 84
(Monday to Friday from 8 a.m. to 6 p.m). All numbers beginning with 800 or 147 or 1670 are tollfree phone numbers.
Bus and underground information can also be found in Tuttocittà, a streetmap which is issued
annually along with Rome telephone directories. Also ask any Tourist Information stands for a
free map of the transportation network.
TAXIS
Taxis in Rome are quite expensive; charges vary with distance, time of day and extra charges
(supplementi). A taxi is, however, the easiest transportation for students arriving in Rome at
Fiumicino International Airport (average fare about € 50).
To order a taxi call +3906-3570; +3906-3970; +3906-5870; +3906-4994.
Car hire - through all the main agencies (AVIS; HERTZ).
Bicycle hire - various points in the centre of Rome.
BOOKS
Average costs for university books are about 260 € per semester. The University bookshop is
situated in the main campus, in Viale Pola 72. Students can buy books there at reduced price.
LIBRARIES
A large number of libraries are located in Rome. The most important libraries are:
- LUISS University Library, Via di Santa Costanza 54, 00198. It holds a collection of 100.000
books, including a collection of 1,500 current and past newspapers and magazines. The
collection concentrates on economics, law and politics.
Opening hours: Monday to Friday 8 a.m. to 8 p.m.; Saturday 8 a.m. to noon.
- The Central National Library of Rome (Biblioteca Nazionale Centrale di Roma), Viale Castro
Pretorio
105,
00185,
tel.
+39-06-49891;
fax
+39-06-4457635,
website:
http://www.bncrm.librari.beniculturali.it , email [email protected] )
- Biblioteca Universitaria Alessandrina, Piazzale Aldo Moro 5, 00185, tel.+39-06-4474021, email: [email protected] .
SHOPPING
It is less expensive to buy basic necessities (food, toilet articles, clothes) in large stores or
supermarkets, such as GS (Giesse), Standa, UPIM, SMA, SIDIS, etc. than in small shops. Many
neighbourhoods hold weekly markets which can be also convenient for buying food.
135
ENTERTAINMENT
•
Cinema: tickets cost about € 7.5 (with a reduced price of about € 5.5 on Wednesdays in
many cinemas or less in Cinemas d’Essay). Movies in English are shown at the Pasquino,
Vicolo del Piede, Trastevere, the Quirinetta, via Marco Minghetti, 4, the Metropolitan
and Olympia in Via del Corso.
•
LUISS hosts a weekly cinema night on Mondays from 9 p.m. in the University Hall (Aula
Magna) and various entertaining events. Check our websites for events and ask your
Italian class mates.
•
Theatre and Concerts: tickets generally vary between € 15 and 40. Many associations give
reductions to students. Tickets at reduced prices are sold at LUISS Guido Carli on a
weekly basis. For detailed information call Diritto allo Studio, Viale Gorizia 17, 00198
Roma, tel. +39-06-85225410.
The university website has a special link to entertainment and various activities in Rome:
www.luiss.it/omnia.
SPORTS
A few years ago, the Sport Association at LUISS Guido Carli was set up. It offers all students the
opportunity of playing various sports (basket, football, rugby, volley, ect.). It also organizes
seminars and meetings with special guest speakers. The LUISS basketball team participates in
the national championship.
For further information students may contact to the Sports Office, Viale Gorizia 17, 00198
Rome, tel.+39-06-85225400, e-mail: [email protected], open from Mondays-Fridays from 10 to 12
a.m., and Monday and Wednesday from 3 to 4 p.m.
M I S C E L L A NE O U S
Italian time in relation to Greenwich mean time: + 1 hour from October to March, + 2 from April
to September.
CLIMATE AND CLOTHING
Italy extends 1,200 km from North to South, so the climate varies considerably, with winter
temperatures of -5°C and below (23°F) in the North, and summer temperatures of 40°C (105°F)
in the South. Rome, located at the centre of the peninsula, has a mild climate, with
temperatures rarely reaching the extremes indicated above. Consequently, light or mediumweight clothing is recommended. It is advisable, however, to come provided with a raincoat, and
an overcoat or heavy jacket for the winter which can indeed have peaks of cold.
136
PHONE SERVICES
The Italian phone network is run by Telecom Italia and various companies (Infostrada, Tele 2,
Fastweb). Public phones are run by Telecom, they take coins or Telecom phone cards available
at Tabacchis. For mobile phones, if you have a cell phone you can buy a sim card for about 15 €
with several companies (TIM; WIND; VODAFONE) and choose your calling plan for the period of
your stay.
Local calls cost around 20c. per minute.
POST OFFICE
Post Offices (Poste Italiane, www.poste.it ) are open Monday to Friday 8.30 a.m. to 13.30 p.m.;
Saturday: 8.30 a.m. to noon. Some offices in the centre have longer opening hours; closing time
is between 6 and 7 p.m. Stamps can also be bought at the Tabacchi.
TOURISM
For information, the best place to make inquiries is E.P.T. - Ente Provinciale Turismo, the
regional tourist office. Offices are at Via Parigi 5, near the central station, (Monday to Saturday
from 9 a.m. to 7 p.m.) and at Leonardo Da Vinci, Fiumicino (International Arrivals, Terminal B,
Monday to Sunday from 8.15 a.m. to 7 p.m.) .
Detailed information can be obtained from the Central Information Office in Rome (Servizio
Informazioni del Comune di Roma), at Via Parigi 11, tel.0039-06-488991; website:
http://www.romaturismo.it, e-mail: [email protected].
If you have an ISIC (International Student Identification Card) you can also find information or
book cheap travel plans at CTS- Centro Turistico Studentesco, located in various parts of the
city. For info: www.cts.it.
INFORMATION ABOUT ROME
Besides the EPT brochures (see above) good sources of information about streets, monuments,
museums, places of entertainment, commercial activities, shopping are Tuttocittà and Pagine
Gialle. Both are issued along with telephone directories, so you might find one in your
apartment. It is advisable to buy a good map of the city. Another good source of information
about what is going on in Rome is Trovaroma, a weekly publication which is given out with the
Thursday edition of the newspaper La Repubblica. Many other newspapers offer similar
publications (Corriere della Sera, Roma C’è).
EMBASSIES AND CONSULATES
Most Embassies are located in Rome. There are Consulates in the smaller cities. Check your
Ministry of Foreign Affairs for their diplomatic missions in Italy.
137
ELECTRICITY
Electric current in Italy is 220 volts. If students come from the U.K. they will need an
adaptor.
EMERGENCY NUMBERS
In case of emergency call 112 (Carabinieri), 113 (Police), 115 (Fire Brigade), 116 (ACI Road
Assistance), 118 (Ambulance). These calls are free. Other emergency numbers can be found in
the opening pages of Pagine Gialle.
NATIONAL HOLIDAYS
January
January
April
April
April
May
June
August
November
December
December
December
1st
6
12
13
25
1st
2
15
1st
8
25
26
HOLIDAYS IN ROME
New Year’s Day
Epiphany
Easter Sunday (2009)
Easter Monday (2009)
Liberation Day
Labour Day
Republic Day
Assumption Day
All Saints
Immaculate Conception
Christmas Day
Boxing Day
June 29
St. Peter and Paul
LUISS GUIDO CARLI WEB SITE
http://www.luiss.it
Information for guest students can be found selecting the English Version of the website and
searching in the International Relations section.
Search our web site, from time to time. Pages are updated when new information is available.
WEB SITES WITH USEFUL INFORMATION ON ITALY AND ROME
Italy:
http://www.article.student.com
http://www.about.com
http://goeurope.about.com/weekly/aa980402.htm
http://goitaly.about.com/travel/europe/goitaly/
138
http://www.roughguides.com
Rome:
http://www.romaturismo.com
http://www.romagiovane.it
http://www.comune.roma.it
http://www.thecity.it/rome
139
▌HOW DO I APPLY FOR A PERIOD OF STUDY AT LUISS?
1) WHO CAN APPLY:
First of all, you should be aware of the fact that the International Relations Office of LUISS
Guido Carli will accept exchange students only under the LLP Erasmus Programme or any other
exchange agreement.
Other students can only apply for corsi singoli and have to pay a fee for each course. At the end
of the period of study they will receive a transcript of records for the exams taken.
For corsi singoli registration is made through Segreteria Studenti (Student Office) of LUISS.
2) STEPS YOU SHOULD TAKE AND THINGS YOU SHOULD KNOW:
Contact the International Coordinator at your Home University. Each sending Institution is
responsible for the selection of students.
Ask them for all the information, documents, brochures, application forms related to LUISS.
We manage all relevant information through partner Institutions and do not usually send
additional packages to the students selected for the exchange.
Read the instructions carefully before you apply.
Be aware of our deadlines
Search our web site from time to time: pages are updated when new information is available.
Check the web pages of LUISS Professors (under Cattedre on line) for detailed information about
courses.
Remember, the language of education is Italian. Your level should be adequate.
LUISS Guido Carli offers an intensive Italian language course, held in September, and courses
during both semesters (3 hours per week). The courses are at two levels, intermediate and
advanced. No provision is made for beginners. At the end of the courses, the students who
have complied with the requirements, will receive a certificate (with grades and ECTS credits)
for the work done.
The courses are free of charge for our exchange students admitted under the LLP
Erasmus programme or any other bilateral agreement.
If you feel your level is not sufficient, take a summer course before coming to LUISS for
the
intensive Italian language course held in September.
Each year LUISS offers a few courses in English. The final list will be available at the
beginning of classes.
140
3) TIMING
By February of every academic year, we send all our partners updated materials, application
procedures and documents for exchange students.
The deadline is May 31 every year for receiving the LUISS application form.
All other deadlines change slightly from year to year.
Exchange students will receive an acceptance letter and practical information in June.
THE INTERNATIONAL RELATIONS OFFICE
Dr.
Annamaria A. Ricciardi
Mrs.
Anna Liguori
Dr.
Anna Pellegrino
Dr.
Raffaella De Felice
Viale Romania, 32
00197 Rome - Italy
Tel. +39-06-85225727/722
Fax +39-06-85225505
E-mail [email protected]
Web site http://www.luiss.it
Available for students:
From Monday to Friday
Tuesdays and Thursdays
10.00-12.00
3.00-4.00
Dr. Annamaria A. Ricciardi is available:
Monday to Friday
11.00-12.00
Tuesdays and Thursdays
3.00-4.00
141
▌2009-2010 ACADEMIC CALENDARS
The Academic Calendars for the year 2009-2010 are not available yet at time of publication.
They will be put on our websites and sent to partner institutions as soon as possible.
▌EXCHANGE DEADLINES-ACADEMIC YEAR 2009-2010
May 31, 2009 (reception of LUISS application form)
By this date, LUISS must receive the students' application forms (electronic and paper version
signed by the student and the coordinator) requesting:
registration for fall and/or spring semester (same deadline for the spring semester)
registration for the intensive Italian course (if applicable)
May 31, 2009 (deadline for accommodation form)
By this date, CTS must receive the request for accommodation. A copy must be sent to
LUISS by the same date.
Ask your home Coordinator for a copy of the housing documents.
Please make sure to read the booking conditions for accommodation carefully, follow the
instructions and meet the deadlines.
After this date, LUISS cannot guarantee acceptance of the students and registration for the
intensive Italian course and accommodation.
June, 2009 (acceptance of students)
As soon as the completed application forms are received, LUISS will send the students an
acceptance letter and practical information.
July 1, 2009 (deadline for reception of the Italian Language test)
By this date, LUISS must receive the Italian test from the students who have registered for
the intensive Italian language course held in September.
142
▌LUISS GUIDO CARLI AND ECTS GRADING SYSTEM
The maximum final university grade is 110. For very brilliant students the degree may be
awarded cum laude. Individual courses are graded on a scale of 18/30 (30 e lode).
Table of Grades:
ECTS
grades
A
B
C
D
E
F
LUISS Guido Carli
Grades
30
29
28
26
23
<
e lode - 30
/ 27
/ 24
/ 18
18
Average % of successful
students normally achieving
the grade
5 % / 10 %
20 %
30 %
25 %
10 %
/
143
▌FAQ – FREQUENTLY ASKED QUESTIONS
◊ Admission / Enrolment
►I am an international student and would like to study at LUISS Guido Carli, what should I do?
If your University has a Bilateral Agreement with LUISS or agreement under the LLP Erasmus
Programme, you can apply through the International Relations Office of your Institution. The
first thing to do is to contact the co-ordinator in your home Institution.
If your University does not have an agreement with LUISS:
•
•
•
you can enrol for single courses (corsi singoli). In this case you would have to pay a fee of
600 € per course for Bachelor subjects and 1.000,00 € per course for Master subjects;
in order to enrol read the information available on the web site (Students’ Office) and
contact Settore Studenti;
you can enrol for a degree course. In this case you would have to take the admission test. In
order to enrol read the information available on the web site (Students’ Office) and contact
Settore Studenti.
◊ Language of Education
►I do not speak Italian. Do you offer courses in English?
At LUISS the language of education is Italian but a few courses in English are offered each year.
Your level of Italian should be adequate (at least at an intermediate level) because no provision
is made for beginners.
◊ Italian language courses
►Do you offer Italian language courses? Who can apply?
Each year, LUISS offers intensive Italian language courses in September and extensive courses in
both semesters. These courses are both at intermediate and advanced level.
The courses are only open to students coming from partner Universities and they are free of
charge.
If students do not have a sufficient level of Italian, they are highly recommended to take a
summer course before coming to LUISS.
►Do I have to take a test? Will I receive a certificate at the end of the course?
Students wishing to attend the intensive September course will have to take a written test
before arrival (the deadline for reception of the test is July 1, 2009).
At the end of the courses, the students who have complied with the requirements, will receive a
certificate for the results achieved (with grades and ECTS credits).
144
◊ Deadlines and arrival dates
►When should I apply for LUISS?
The deadline for LUISS is May 31.
By this date LUISS must receive the application forms from the incoming students (for both I and
II semester) from partner Universities. Find out when and where you have to apply at your
Institution.
After the deadline of May 31 students may not be accepted by LUISS.
►When should I arrive at LUISS?
There are set arrival dates for each academic year and they are mandatory.
For the 2008-2009 academic year the arrival dates are:
Intensive Italian course : 8 September 2008
Bachelor Degrees and Faculty of Law : Fall semester: 25 September 2008
Spring semester: 5 March 2009
Master Degrees – Economics : Fall semester: 25 September 2008
Spring semester: 5 March 2009
Master Degrees – Political Science : Fall semester (second semester - I year courses):
25 September 2008
Spring semester (first semester - II year courses):
5 March 2009
On the set arrival dates the students should go to the International Relations Office at 10.30
a.m. or at 2.30 p. m.
Orientation sessions will be held on the arrival dates and students will receive an information
package.
◊ Accommodation
►How can I find a room in Rome?
You can apply through LUISS by May 31. In this case CTS (Centro Turistico Studentesco) will take
care of finding a room for you. Make sure you read the booking conditions carefully, follow
the instructions and meet the deadlines.
Of course, you can look for a room by yourself, in this case we advise you to come to Rome at
least one week before the beginning of each semester (it is not easy to find accommodation in
Rome).
145
◊ Cost of living
►How much will I spend in Rome?
Housing : the average cost is between € 350 (for a place in a double room) and € 500 (for a
single room) a month plus extras (telephone, electricity, heating, etc.).
Meals: about 3 € per meal at the University cafeteria. From 5 to 20 € in take-away pizza shops,
bars, pizzerie, trattorie, ristoranti.
Public transport: the price of a monthly card (tessera intera rete) for all public transport is
30 €.
Books: about 260 € per semester.
Cinema: a ticket costs about 7 €.
Theatre and Concerts: the average cost is between 15 and 30 €, but many associations give
students reduced prices.
◊ Student facilities at LUISS
►What facilities are offered to exchange students?
Guest students will have the same facilities as the Italian ones: access to the Library, the
University Dining Hall, Computer and multimedia facilities, E-mail, Sports, a Medital Form for
free emergency medical service and all the extra curricular activities organised for students such
as: film shows, conferences, cultural events, concerts, parties, tours, etc.
◊ Course enrolment and classes – Bachelor Degrees
►Which courses can I take?
You will be given access to all the courses in the three Faculties as long as you do not have timetable clashes, because attendance of courses is mandatory.
Full-year courses can only be taken by the students that will spend the whole academic year at
LUISS.
Information about courses can be found in the ECTS brochures in English (www.luiss.it select
Ammissione → Study at LUISS) or LUISS online: select “Cattedre Online” for the course
catalogues in Italian.
◊ Course enrolment and classes – Master Degrees
►Which courses can I take?
You will be given access to the Master courses in the three Faculties (offered in your period
of study), as long as you have:
•
•
•
•
a bachelor degree or three years of study completed before departure;
a very good command of Italian language;
the necessary prerequisites;
no time-table clashes because attendance of courses is compulsory.
146
For the Faculty of Law (five year degree course):
•
•
The first three years of study are equivalent to Bachelor Level.
The fourth and fifth years of study are equivalent to Master level.
Law students in their third year will be allowed to take fourth or fifth year courses if they have
a very good Italian language level.
Full-year courses can only be taken by the students that will spend the whole academic year
at LUISS.
Optional courses
Optional courses will be offered only if a sufficient number of students register for the courses.
If you have picked them, make sure you enrol in a few extra courses.
The Faculty of Economics has many optional courses.
◊ Exams and the Italian examination system
►How many courses should I take?
The average work load for LUISS students is about 30 ECTS credits per semester, including
language courses. Incoming students are advised not to take more than 24 credits. They can take
more if their language competence is very good.
Information about courses can be found in the ECTS brochures in English
http://www.luiss.edu/prospective-students/exchange-students/ects-course-catalogs
or LUISS online: Cattedre online, for the course catalogues in Italian.
at
All guest students must send a Programme of study (learning agreement) approved by the coordinator of the home University, before arrival.
From the beginning of classes, students will have a few days to select courses and make
their final choice. A course registration form must be presented to the International
Relations Office by the given deadline.
After the deadline it will not be possible to add or change or add courses.
►How do I register to sit an exam?
Guest students will be automatically registered for all the examination dates (Appelli) for all
the courses they have taken.
Please note: at the end of each exam students must always sign the examination register
(Verbale d’esame) which will also be signed by the professors. This is very important, otherwise
the grades will not be included into their transcripts of records.
Also, if an exam is failed it can be repeated the next following date in the exam session.
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►When can I sit exams?
Guest students will be automatically registered for all the examination dates (appelli) for all the
courses they have taken.
Bachelor Degrees and Faculty of Law - examination periods a. y. 2008-2009
Fall semester:
from 7 January to 7 March
Spring semester:
from 3 June to 25 July
Master Degrees – Faculty of Economics - examination periods a. y. 2008-2009
Fall semester:
from 7 January to 7 March
Spring semester:
from 3 June to 25 July
Master Degrees – Faculty of Political Science - examination periods a. y. 2008-2009
Fall semester (second
semester I year courses): from 7 January to 7 March
Spring semester (first
semester II year courses): from 3 June to 25 July
The exact examination dates are decided by the professors at the end of each semester.
They will be published in the notice boards of the three Faculties and in the LUISS web site
(LUISS online: cattedre online → write the faculty → write the name of the professor and the
title of the course → cerca → online → date esami).
Exams can be taken only on the official dates. Please note that NO special examination
arrangements can be organised for exchange students. Therefore students should make their
travelling arrangements according to the examination periods.
►Are all the exams oral?
The Italian University system is based on oral exams although some courses may require written
work during the semester or a written exam before the final oral examination.
◊ Transcripts of records
►When will I receive my transcript?
Original transcripts of records will be sent to both students and partner institutions after the end
of each examination session.
Students coming to LUISS for the whole academic year or for the second semester will
receive the transcripts by mid-September. The examination session ends at the end of July
and transcripts cannot be prepared before the session is over. Since the University closes
in August, the transcripts can only be issued by the Student Office after the Summer break.
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◊ The International Relations Office
►When can I contact the office?
Office hours:
Morning: Monday to Friday, from 10.00 a.m. to 12.00 a.m.
Afternoon: Tuesdays and Thursdays, from 3 p.m. to 4 p.m.
Dr. A. Ricciardi
Morning: from Monday to Friday, from 11.00 a.m. to 12.00 a.m.
Afternoon: Tuesday and Thursdays, from 3 p.m. to 4 p.m.
In the summer, from mid-June to mid-September the Office closes on Friday afternoons.
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▌LUISS GUIDO CARLI – AREA MAP
LUISS Guido Carli – main campus: Viale Romania,32
Via di S.
Costanza,5
Via
Parenzo,1
To Viale
Romania,32
←
Viale
Pola,12
Via Parenzo,11:
-
Viale Gorizia, 17:
Faculty of Law (Lecture rooms,
Student Office)
- Students Union
- Sports Office
Viale Pola,12:
-
Via di S. Costanza, 53:
Administrative Offices
LUISS Business School
-
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Library
Viale Romania,32 (main campus):
-
THE
INTERNATIONAL
RELATIONS
OFFICE
Presidency, Rectorate, Students Office
Faculties of Economics and Political
Science
Dining Hall
Orientation Office
Placement Office
Shuttle service
There is a minibus service that links the different university sites: Viale Romania 32, Viale
Gorizia 17, Via Parenzo 11 and Via di Santa Costanza 53.
Hours from Monday to Friday:
- from Viale Romania to other venues: hourly from 8 a.m. to 9 p.m.
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HOW TO REACH THE UNIVERSITY SITES
The closest metro stations are: Piazza Bologna, B Line.
Buses from Termini Station: Line 36, Line 84, Line 90 Express to Viale Pola, Via di S.
Costanza, Via Parenzo, Viale Gorizia.
Buses from Termini Station: Line 217, Line 360, Line 910 (stop in Viale Parioli) to Viale
Romania.
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