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Page 1: Business and Management Economics and Finance 2012-2013_0… · Economics and Finance Academic Year 2012/2013 LLP ERASMUS. 2 Edited by: The Student Exchange Office Viale Romania,

ECTS

Business and Management Economics and Finance

Academic Year 2012/2013

LLP ERASMUS

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Edited by: The Student Exchange Office Viale Romania, 32 00197 Rome - Italy Rome, October 2012

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▌TABLE OF CONTENTS

Page

Introduction – What is ECTS?

4

Education in Italy

7

LUISS Guido Carli

10

The Department of Economics and Finance The Department of Business and Managemnt Bachelor Courses

21

- General Course Structure

28

- Description of courses

43

- Summary Table of Courses

84

- Prerequisites

94

Master’s Courses

- General Course Structure

96

- Description of courses – General Management

123

- Summary Table of Courses

135

The School of Management

142

Useful information for Guest students

143

How do I apply for a period of study at LUISS?

150

2012-2013 Academic calendar

152

Exchange deadlines – Academic Year 2011-2012 153

LUISS Guido Carli and ECTS - Grading System

154

FAQ – Frequently Asked Questions

155

Luiss Guido Carli – Area Map

161

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:

First cycle 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.

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

29/30 = very good

30 e lode = Excellent

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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 departments, 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 non-regulated 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 Dott.ssa Emma Marcegaglia

Vice presidente Esecutivo Dott. Alessandro Laterza Rector Prof. Massimo Egidi

General Manager Dr. Pier Luigi Celli

Head, Student Exchange Office

for Student Mobility

Dr. Annamaria A. Ricciardi

Student Exchange Office

Viale Romania, 32 -00197 Rome – Italy

Tel. +39/06/8522.5642 - 5722

Fax. +39/06/8522.5505

E-mail: [email protected] Website: www.luiss.it/it/studenti/scambi_internazionali/

www.luiss.edu/prospective-students/exchange-students

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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. At present LUISS Guido Carli has four departments: Department of Economics and Finance; department of Business and Management; department of Law, department of Political Science. Certain features characterize LUISS Guido Carli:

a set number of students for the four departments;

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 and English. 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. 2011/2012, is € 8,300 for Economic and Finance, Business and Managament, Political Science, Politics, Philosophy and Economics; € 8,700 for Law. The annual tuition fee for Master’s Degrees is € 9,300. Scholarships are granted to deserving students who meet certain income conditions.

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Location Since October 2007 LUISS Guido Carli has 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 Finance, Business and Management, 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 Student Exchange Office: Viale Romania 32, 00197 Rome, tel.: +39-06-85225722/642. 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.

II. The Department of Economics and Finance (lecture rooms Bachelor and Master’s): Office and Presidency, Viale Romania 32, 00197 Rome, tel.: +39-06-8522550, e-mail: [email protected]. Opening hours are from 10 a.m. to 12 a.m. Mondays, Wednesdays and Fridays, and from 2.30 p.m. to 4.30 p.m. Tuesdays and Thursdays.

II. The Department of Business and Management (lecture rooms Bachelor and Master’s): Office and Presidency, Viale Romania 32, 00197 Rome, tel.: +39-06-85225310, e-mail: [email protected]. Opening hours are from 10 a.m. to 12 a.m. Mondays, Wednesdays and Fridays, and from 2.30 p.m. to 4.30 p.m. Tuesdays and Thursdays.

III. The Department of Political Science (lecture rooms Bachelor and Master’s): Office and Presidency, Viale Romania 32, 00197 Rome, tel.: +39-06-85225290/+39-06-85225700, e-mail: [email protected]. Opening hours are from 10 a.m. to 12 a.m. Mondays, Wednesdays and Fridays, and from 2.30 p.m. to 4.30 p.m. Tuesdays and Thursdays.

IV. The Student Office – Segreteria Studenti: Viale Romania 32, 00197 Rome, tel.: +39-06-85225263/06-85225270, 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 9.30 a.m. to 12.30 a.m. Monday to Friday, and from 2.30 p.m. to 4.30 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, e-mail: [email protected]. The Office is open from Monday to Friday. VI. The Computer Centre: Viale Romania, 32 00197 Rome, IT Services: tel.: +39-06-85225211/+39-06-85225279/+39-06-85225275, fax: +39-06-85225930; Help Desk: tel.: +39.06.8522.5211, e-mail: [email protected]. The Computer Centre is a support structure for research and teaching activities of Computer Sciences in the four departments. It also provides consulting and support services for the other sectors of the university (institutes, centres, departments 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

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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 Department of Law (lecture rooms, Student Office): Via Parenzo 11, 00198 Rome. The Student Office is located on the Ground Floor of the building, tel.: 06-85225894, fax: 06-85225852, e-mail: [email protected]. Opening hours are from 10 a.m. to 12 a.m. Monday thorough 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: +39-06-85225625; e-mail: [email protected]) holds about 120,000 books, over 2,000 paper journals (1,100 of which are current issues), 75 databases, and it provides access to over 30,000 e-journals. 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). The opening hours are the following: Reading Room, from Monday to Friday from 8.00 a.m. to 9.45 p.m./Saturday from 8.30 a.m. to 1.45 p.m.; Reference and Electronic Resources, from Monday to Friday from 8 a.m. to 8 p.m./Saturdays from 8 a.m. to 13.45 p.m.; Delivery Room and Circulation Service, from Monday to Friday from 8.00 a.m. to 9.45 p.m./Saturday from 8.30 a.m. to 1.45 p.m. 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 Thursday from 9 a.m. to 12 a.m. and from 2.30 p.m. to 4 p.m., and Fridays from 9 p.m. to 12 a.m. A desk is also at the students’ disposal in Viale Romania 32, Monday to Friday from 9 a.m. to 12 a.m. The University Union is responsible, among other things, for medical facilities (see below).

Size Current enrolment is about 7,708 for all four departments. The teaching staff numbers about 1,290. Be in 1 teacher to 8 students ratio.

3. ACADEMIC CALENDAR 2012-2013 ◊ Bachelor Degree academic year

Fall semester September 17 * / September 24 – December 7, 2012 * II and III year classes at Bachelor level and II year classes at Master level, of the Department of Economics and Political Science will begin on 17 Septmeber 2012. The other classes will begin on 24 September 2012.

Spring semester February 18 – May 18, 2013

The same academic year applies to the Single Cycle Degree in Law.

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There are three examination periods: from January 09 to February 25, 2012; and from May 28 to July 18, 2012; 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.

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. A) BACHELOR DEGREE In the year 2011/2012 total enrolment will be 1300 students:

Economics and Finance Business and Management

600

Law 500

Political Science 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

http://www.luiss.it/ammissione/ammissione-lauree-triennali-e-ciclo-unico-aa-20122013/selezione-gli-studenti-internaziona

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.

The examination for the 2011/2012 academic year will be held on April, 18 2013.

A student who passes the May examination and then wishes to enrol must:

1) pay the first instalment of the tuition fee and the entire regional student welfare tax,

using the form available online, by July 4, 2013. Both payments must necessarily be made through a branch of UniCredit Banca di Roma located in Italy. It should be borne in mind that once enrolment is complete the sums paid cannot be refunded under any circumstances. Once the peremptory enrolment deadline of July 4, 2013 passes, it will no longer be possible to enrol for the 2012/2013 academic year.

2) deliver by hand or post the enrolment application and the following documentation to the Student Office (Segreteria Studenti, Luiss Guido Carli, Viale Romania 32, 00197 Rome, Italy) by and no later than July 4, 2013:

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receipts for payment of the first instalment of the tuition fee and the entire regional

student welfare tax;

two identical passport-size photos;

photocopy of both ID and Italian tax and social security number card (codice fiscale);

original school leaving qualification, if already awarded. Students who have not yet

obtained that document must provide self-certification using a specific form for such

purposes. The provisional certificate evidencing the grade obtained must be delivered

to the Student Office by and no later than July 4, 2013 in order to formally complete

the enrolment process. The original of the original school leaving qualification must

be delivered to the Student Office as soon as it becomes available and in any case by

and no later than July 4, 2013;

privacy statement duly signed. B) MASTER’S DEGREE In a.y. 2011/2012 the total number of places available for the Master’s two-year degree courses will be about 820:

Economics and Finance Business and Management

about 560

Political Science

about 260

LUISS graduates who have obtained at least 100/110 or better in their bachelor’s degree will be given priority in admission without the need to sit an examination for such purposes. Graduates who have obtained a grade of lower than 100/110 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. The entrance examination consists in a written test which will be possible to take in either of the two following sessions: April 18, 2013; September 3, 2013. To attend the examination a € 120 fee must be paid to the Student Office. The following categories of students are admitted to attend the Master’s degree courses: - LUISS graduates exempt from the admission exam who will graduate after 1 July and by the autumn session of the 2010/2011 academic year (December 2010), who are admitted to attendance for the first semester of their chosen master's degree course;

- LUISS students admitted following the exam of 25 May 2012;

- students coming from other universities admitted following the exam of 13 May 2011, who enrolled/were admitted to attendance for the first semester by 4 July 2013.

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Within a week after graduation and in any case no later than December 2012 enrolment must be formally completed in accordance with the following procedure:

- fill out the enrolment form (online) (to which a 14.62 Euros revenue stamp must be affixed);

- pay the entire regional student welfare tax; - deliver or post the following documentation to the Student Office (Luiss Guido Carli,

Segreteria Studenti, Viale Romania 32, 00197 Rome);

- print-out of the enrolment form duly signed (to which a 14.62 Euros revenue stamp must be affixed);

- privacy statement duly signed; - bank receipt for payment of the entire regional student welfare tax; - two identical passport-size photos; - photocopy of ID; - original school leaving qualification and original degree certificate (documents already

lodged with the Students Office). 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 enrolment certificate with details of the exams passed. For foreign students the

certificate must be translated and legalised by the relevant diplomatic and consular authorities. For LUISS graduates a degree certificate is required;

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 Student Exchange Office (Viale Romania, 32 00197 Rome) deals with orientation and registration of students on exchange programmes (LLP Erasmus and Bilateral Agreements). Every year, around the month of 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 fall and/or spring 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. 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.

At their arrival, students must report to the Student Exchange Office at 10.30 or at 2.30 p.m. (Viale Romania, 32 - 00197 Rome - tel.: +39-06-85225722/642- fax: +39-06-86506505 - 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 mainly Italian. Every year, LUISS offers some 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 four LUISS Departments. 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/English 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. 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.

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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 18 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 a crash Italian language courses in September for guest students who have been admitted to attend a semester or a year at the Department of Economics and Finance, and the Department of Business and Management, Political Science, or Law. The courses are at three levels, beginners, intermediate and advanced; they are free of charge. The courses are only open to Erasmus and Exchange students coming from partner Universities and they are free of charge. Students who would like to attend the course must specify so on their application form. The courses comprise at least:

40 45-minute lessons for the beginners and intermediate level;

40 45-minute lessons for the advanced level.

Beginners Level This level is for those who never attended an Italian language course. The main aim of the course is to help the student understand sentences and frequently used expressions related to areas of most immediate relevance (e.g. very basic personal and family information, shopping, local geography, employment). 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:

Presentations followed by discussion;

Meetings with Italian businessmen;

Guided tours with specialized teachers.

The activities and meetings develop topics already discussed in class and take into account the interests of individual participants. Crash course held in September

In order to obtain the certificate for the course and gain 3 ECTS credits, students must attend at least 75 % of the classes and comply with the course requirements. 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. Semester courses The courses will have three hours of classes per week in each semester. The students that attend the courses and comply with the requirements will receive a certificate and gain 3 ECTS credits. The person responsible for the courses is Professor Concetta Amato

7. ACCOMMODATION Since LUISS does not have student dormitory facilities offered to Exchange Students, the Student Exchange 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 Student Exchange 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.).

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The University doctor is available to all LUISS Guido Carli students on Mondays, Wednesdays and Fridays from 3.00 p.m. to 4.30 p.m. and on Tuesdays and Thursdays from 10.00 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.

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. REGISTRATION FOR EU STUDENTS

For students who 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).

This procedure is mandatory, and it requires the following documents:

Personal ID (or Equivalent);

Declaration by LUISS stating the duration of the students exchange period. (this document is issued by the Student Exchange Office on the orientation day);

Health insurance policy covering all risks that students might incur in during the whole exchange period abroad;

Proof of economic means of subsistence, also by self-statement.

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▌THE DEPARTMENTS DEPARTMENT OF ECONOMICS AND FINANCE Director: Professor Giorgio Di Giorgio DEPARTMENT OF BUSINESS AND MANGEMENT Director: Professor Gennaro Olivieri The aim of the Department of Economics and Finance and of the Department of Business and Management 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: DEPARTMENT OF BUSINESS AND MANGEMENT:

1. Economics and Management Economia e Management

o Industrial Economics and Financial Intermediaries Economica Industriale e Mercati Finanziari

o Company, Administration and Finance Control Amministrazione, Finanza e Controllo d’Impresa

o Management Management

o Marketing Marketing

DEPARTMENT OF ECONOMICS AND FINANCE:

2. Economics and Business

Each degree course consists of 180 credits. Didactic activity is organised in semesters. 1. The Bachelor's Degree Program in Economics and Management is a three-year program. The

language of instruction is Italian. Throughout their years of study, students explore areas of academic interest while fulfilling general education requirements in the economic, business, legal and quantitative disciplines. The Program provides the tools and methods for critical analysis and interpretation of economic and business dynamics. Students acquire knowledge and

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understanding of operational, economic and financial areas, as well as decision-making and decision control tools. A main distinctive feature of the Economics and Management Bachelor's Degree Program is the focus placed in balancing analytical and conceptual foundations with specific specialization studies.

2. Economics and Business

LUISS has developed an English-language Bachelor’s Degree Course in Economics and Business for a selected group of students. The Programme provides a foundation for economics and business disciplines. It has a strong international focus. 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.

MASTER’S DEGREE – TWO YEAR COURSES Corsi di Laurea Magistrale DEPARTMENT OF BUSINESS AND MANGEMENT: 1. Economics and Business Management

Economia e Direzione delle Imprese

2. General Management (in English)

3. Law and Economics

Economia, Regole e Mercati

NB: The Economics and Markets degree course will not be held in the 2013-2014 academic year and will be replaced by the Business Consulting degree course.

The file, available online, gives details of the course programme for the second year: 2012-13.

DEPARTMENT OF ECONOMICS AND FINANCE:

4. Economics and Finance Economia e Finanza

Each degree course consists of 120 credits. Didactic activity is organized in semesters.

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1. Economics and Business Management

This 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

2. General Management

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 different areas of specialisation: First and second Year: International Business

Finance Management of Innovation Luxury and Fashion E-Business and Management of Information Systems Management of Tourism and Cultural Goods

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3. Law and Economics

NB: The Law and Economics degree course will not be held in the 2013-2014 academic year and will be replaced by the Business Consulting degree course.

The file, available online, gives details of the course programme for the second year: 2012-13.

In addition to the master’s degree courses offered by the Department of Economics and Finance and by the Deparment of Business and Management, there is also an inter-department two-year master’s degree course open to graduates in different areas:

Law and Economics Economia, Regole e Mercati

The course has different areas of specialisation:

Law and Economics

Economia Industriale e dei settori regolati

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, decision-making and leadership skills to perform institutional and management functions in business as well as in national and international bodies.

4. Economics and Finance

This 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.

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There are several areas of specialisation within the degree course of Economics and Finance: Economics and Finance

Economia e Finanza Financial Economics (in English)

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▌GENERAL COURSE STRUCTURE

BACHELOR DEGREE COURSES

Economics and Management

Industrial Economics and Financial Intermediaries

Company, Administration and Finance Control

Management

Marketing

Economics and Finance

Economics and Business

Credits: from 2 to 8 depending on the course

Total credits for each degree course: 180

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Economics and Management

FIRST YEAR

(First year courses common to all majors)

Fall semester Credits

BUSINESS ADMINISTRATION 8

Economia Aziendale

ITALIAN PRIVATE LAW 8

Diritto privato

POLITICAL ECONOMY 6

Istituzioni di economia politica

MATHEMATICS (Fall and Spring semester) 12

Matematica

Spring semester Credits

HISTORY OF ECONOMICS AND BUSINESS 8

Storia dell’economia e dell’impresa

PUBLIC ECONOMIC LAW 6

Diritto pubblico dell’Economia

COMPUTER SCIENCE 8

Informatica

MATHEMATICS (Fall and Spring semester) 12

Matematica

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SECOND YEAR

(FALL SEMESTER SECOND YEAR COURSES COMMON TO ALL MAJORS)

Fall semester Credits

FINANCIAL MATHEMATICS 8

Matematica Finanziaria

STATISTICS 10

Statistica

MACROECONOMICS 8

Macroeconomia

MICROECONOMICS 8

Microeconomia

Spring Semester Credits

ACCOUNTING 8

Contabilità e bilancio

BUSINESS LAW 10

Diritto Commerciale

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THIRD YEAR

Industrial Economics and Financial Intermediaries

Fall semester Credits

CORPORATE FINANCE 8

Finanza Aziendale

ECONOMICS, MARKETS AND FINANCIAL INTERMEDIARIES

8

Economia dei Mercati e degli Intermediari Finanziari

MANAGERIAL ECONOMICS 8

Economia e Gestione delle Imprese

INDUSTRIAL ECONOMICS 8

Economia Industriale

BANKING LAW 8

Diritto Bancario

Learning Activities Credits

ELECTIVE COURSE 16

FINAL EXAM (Graduation Thesis ) 4

Elaborato finale

(*) Not open to exchange students

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THIRD YEAR

Company Administration, Finance and Control

Fall semester Credits

CORPORATE FINANCE 8

Finanza Aziendale

ECONOMICS, MARKETS AND FINANCIAL INTERMEDIARIES

8

Economia dei Mercati e degli Intermediari Finanziari

MANAGERIAL ECONOMICS 8

Economia e gestione delle imprese

MANAGEMENT CONTROL 8

Controllo di gestione

BUSINESS INFORMATION SYSTEMS 8

Organizzazione dei sistemi informativi aziendali

Learning Activities Credits

ELECTIVE COURSE 16

FINAL EXAM (Graduation Thesis ) 4

Elaborato finale

(*) Not open to exchange students

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THIRD YEAR

Management Fall semester Credits

CORPORATE FINANCE 8

Finanza Aziendale

INDUSTRIAL ECONOMICS 8

Economia Industriale

BUSINESS ORGANIZATION 8

Organizzazione Aziendale

ECONOMICS, MARKETS AND FINANCIAL INTERMEDIARIES

8

Economia dei mercati e degli Intermediari finanziari

MANAGERIAL ECONOMICS 8

Economia e gestione delle imprese

Learning Activities Credits

ELECTIVE COURSE 16

FINAL EXAM (Graduation Thesis ) 4

Elaborato finale

(*) Not open to exchange students

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THIRD YEAR

Marketing

Fall semester Credits

ECONOMICS, MARKETS AND FINANCIAL INTERMEDIARIES

8

Economia dei mercati e degli Intermediari finanziari

CORPORATE FINANCE 8

Finanza Aziendale

MARKETING 8

Marketing

SERVICE MARKETING 8

Marketing dei Servizi

MANAGERIAL ECONOMICS 8

Economia e gestione delle imprese

Learning Activities Credits

ELECTIVE COURSE 16

FINAL EXAM (Graduation Thesis ) 4

Elaborato finale

(*) Not open to exchange students

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Elective courses The following Bachelor courses will be activated with a minimum of 20 students.

Business and Management

COURSE

CREDITS SEMESTER PROFESSOR

BUSINESS ORGANIZATION

6 Spring Vanina Torlò

ECONOMIC GROWTH AND DEVELOPMENT

6 Spring Joseph Zeira / Gianfranco Di Vaio

ENTREPRENEURSHIP AND INNOVATION TECHNOLOGY

6 Spring Andrea Lipparini

FINANCIAL REGULATION

6 Spring Concetta Brescia Morra / Massimo Roccia

INTERNATIONAL ECONOMICS

6 Spring Beniamino Quintieri

MARKETS AND STRATEGIES

6 Spring Maria Giovanna Devetag

MONEY AND BANKING 6 Spring Paolo Paesani

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Economics and Business

FIRST YEAR

Economics and Business

Fall semester Credits

INTRODUCTION TO BUSINESS ECONOMICS 8

PRINCIPLES OF CIVIL LAW 8

PRINCIPLES OF ECONOMICS 8

MATHEMATICS 1 (Annual course) 12

Spring semester Credits

ACCOUNTING 8

STATISTICS 8

MICROECONOMICS 8

MATHEMATICS 1 (Annual course) 12

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SECOND YEAR

Economics and Business

Course Credits

MACROECONOMICS 8

LAW AND ECONOMICS 8

APPLIED STATISTICS AND ECONOMETRICS 8

IO & COMPETITION THEORY 8

FINANCIAL MARKETS AND INTERMEDIARIES 8

MANAGEMENT 8

FINANCIAL MATHEMATICS 8

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THIRD YEAR

Economics and Business

Fall semester Credits

INFOMATION SYSTEMS (pass/fail) 6

CORPORATE FINANCE 8

GAMES AND STRATEGIES 8

ECONOMIC GROWHT AND DEVELOPMENT 8

Student must choose 2 subjects out of the following list (the list could change): Credits

BUSINESS ORGANIZATION 8

MARKETING 8

INTERNATIONAL ECONOMICS 8

ECONOMIC AND BUSINESS HISTORY 8

PUBLIC ECONOMICS 8

MONEY AND BANKING 8

INTRODUCTION TO ASSET PRICING AND DERIVATES 8

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Learning activities Credits

ELECTIVES 16

FINAL EXAM (Graduation Thesis) 4

OTHER ACTIVITIES* 16

LANGUAGES 6

INTERNSHIP/LANGUAGE 4

INFORMATION SYSTEMS (to be attended on third year)

6

* 16 credits divided as follow: First Foreign language (Spanish/French/Chinese) 6 credits to be chosen at the end of the first year and to be attended from II semester of the second year to II semester of the third year. Internship or Second Foreign language (Spanish/French/Chinese) 4 credits (language to be chosen at the end of the first year and to be attended from II semester of the second year to II semester of the third year). Information Systems 6 credits.

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Elective courses

Economics and Business

COURSE

CREDITS SEMESTER PROFESSOR

BUSINESS ORGANIZATION

6 Spring Vanina Torlò

ECONOMIC GROWTH AND DEVELOPMENT

6 Spring Joseph Zeira / Gianfranco Di Vaio

FINANCIAL REGULATION

6 Spring Concetta Brescia Morra / Massimo Roccia

HISTORY OF ECONOMIC THOUGHT AND POLICY

6 Spring Luca Fiorito

INTERNATIONAL ECONOMICS

6 Spring Beniamino Quintieri

MONEY AND BANKING 6 Spring Paolo Paesani

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.

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▌DESCRIPTION OF COURSES (Alphabetical Order) Bachelor Courses Economics and Management

1

E3-AEPS1-B: AUDITING, ETHICS AND PROFESSIONAL SKILLS Spring semester; 70 lectures; 6 hrs per week; 8 credits; elective

First Part

M&A: disposals, transfers in exchange for equity, mergers, demergers, share swaps, transformations and liquidations.

The valuation of economic capital in M&A.

Accounting for M&A in the financial statements: comparison between Italian and international accounting standards.

The general law and tax rules governing M&A.

Second Part

The national Council of Certified Public Accountants and Accounting Experts (CNDCEC). Legislative Decree No. 139 of 28 June 2005.

CNDCEC’s ethics programme.

CNDCEC Code of Ethics: Title I – General Provisions; Title II – Professional Relations; Title III – Competition; Title IV – Transitional Provisions.

Update No. 1 to the CNDCEC Code of Ethics (5 November 2008).

CNDCEC Code of Ethics Consolidated Version, revised 1 September 2010.

The international Code of Ethics for Professional Accountants, revised 1 January 2011.

Third Part

CNDCEC: 2010-2012 action plan – accounting standards and statutory controls.

Statutory auditing: Legislative Decree No. 39 of 27 January 2010.

The application of auditing standards after the transposition of Directive 2006/43/EC.

Assessment: oral exam

Professor: Mechelli

Textbooks:

KEY

E1-Acc1a/b/c/d-B: E=Economics; 1=First year; Acc= Name of the course; 1= N°of list a/b/c= Class B=Bachelor M=Master

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G. Savioli, Le operazioni di gestione straordinaria, Terza Edizione, Giuffrè, Milano, 2008 Documenti emanati dal CNDCEC

2 E3-BL2-B: BANKING LAW Spring semester; 70 lectures; 6 hrs per week; 8 credits; elective

Sources of financial law and evolution of the rules. Role of rules deriving from EU and international regulation. Anti-money laundering law. Outline of banking regulatory authorities. Forms of supervision. Banking and financial activities. Authorisation to carry on business. Persons: banking institutions and non-banking financial intermediaries. Bank-industry relationship. Crisis procedures for banking undertakings. Rules of conduct. Customer protection. Financial crisis and sovereign debt crisis. Topical issues.

Prerequisites: Italian Private Law

Other activities: practical work, seminars (guest speakers)

Assessment: oral exam

Professor: Pellegrini

Textbooks: AA.VV., L’ordinamento finanziario italiano, a cura di Capriglione, Padova, Cedam (chapters 2 section II, 6,7, 11, 13, 16-20 excluded). 3 E3-BL3-B: BANKING LAW Spring semester; 70 lectures; 6 hrs per week; 8 credits; elective

After an introduction on the evolution of banking legislation and the constitutional protection of savings, the course will dwell on the laws that regulate banks in their capacity as a special type of business, how banks have evolved operationally, typical banking business, the framework and specifics of supervision including in relation to handling the banking crisis, the rules governing the structure of the banking market and the general rules covering relations with customers.

Prerequisites: Italian Private Law

Other activities: practical work, seminars (guest speakers)

Assessment: oral exam

Professor: Antonucci

Textbooks: AA.VV., L’ordinamento finanziario italiano, a cura di Capriglione, Padova, Cedam (chapters 2 section II, 6,7, 11, 13, 16-20 excluded). 4a E1-BA4a-B: BUSINESS ADMINISTRATION Fall semester; 70 lectures; 7 hrs per week; 8 credits

The main topics addressed in the course are:

- the origins and subject matter of business administration;

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- the definition and classification of business by legal writers;

- sole proprietorships and various forms of partnerships/companies;

- the systems of corporate governance and the various types of company;

- business groups: definition and classification;

- the circuit and management operations;

- the dynamic and values of managerial operations;

- income and working capital;

- outline of how income and capital is recorded in financial statements;

- the double entry bookkeeping system;

- financial and economic balance in management;

- outline of main financial statement indicators;

- operational and financial leverage.

Assessment: written and oral exam

Professor: Musaio

Textbooks: C. Caramiello, L'azienda, Milano, Giuffrè; C. Caramiello, Capitale e reddito, Milano, Giuffrè; Fabrizio Di Lazzaro, La performance del valore, Giappichelli, 2003 Fabrizio Di Lazzaro, Paolo Malagrinò, Esercizi svolti di economia aziendale, Giappichelli, 2008 4b E1-BA4b-B: BUSINESS ADMINISTRATION Fall semester; 70 lectures; 7 hrs per week; 8 credits

First Part: Introduction to the theory of the firm, the management and organisation of business.

Business administration, the concept of business and relations between the business and the external environment.

The role of the economic sciences within the framework of the social sciences.

Business administration and political economy: the different spheres of investigation.

The role of the business in economic activities.

The various methods of classifying a business.

The institutional aspects of the business: the aims of the economic entity.

Corporate governance: an international comparison.

Relations between businesses and the relevant external environment: political, social and environmental implications of business activities.

The life cycle of a business: establishment, operation and termination.

The establishment stage: fundamental choices.

The operational stage: the fundamental scheme of management operations.

Business finance: equity and debt.

Criteria for choosing the form of financing.

The acquisition of the factors of production: fixed assets and current expenditure.

The production function.

Marketing.

The economic and financial balance of a business.

General principles of business organisation.

The various forms of concentration among businesses.

Aspects of business strategy and policy.

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The terminal stage: cessation of activities.

Aspects of mergers and acquisitions.

Second Part: Management information.

Information on business management intended for external purposes: aims and tools.

Technical means of recording management transactions: value dynamics.

The recording of finance transactions for accounting purposes.

The recording of purchase transactions for accounting purposes.

The recording of sale transactions for accounting purposes.

Determining the income for the financial year and working capital.

Organisation and management of the administrative function in businesses.

Aspects of the double entry system.

The requisites of effectiveness of external business information.

Information on business management intended for internal purposes: auditing. Third Part: Corporate governance.

Corporate governance and business risk.

Comparative models of corporate governance.

Auditing systems.

Corporate governance and the protection of outside stakeholders. Fourth Part: Performance measurement.

Analysis of financial and other indicators.

Assessment: written and oral exam

Professor: Fiori

Textbooks: Caramiello C., L’azienda (alcune brevi riflessioni introduttive), 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. 4c E1-BA4c-B: BUSINESS ADMINISTRATION Fall semester; 70 lectures; 7 hrs per week; 8 credits 1. Introduzione all’Economia Aziendale - il ruolo dell’Economia aziendale - la nascita dell’Economia aziendale - le branche dell’Economia aziendale 2. L’Azienda - definizioni - fasi evolutive - classificazione - corporate governance 3. Gestione e dinamica dei valori - il circuito della gestione

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- la dinamica dei valori delle operazioni - il risultato economico di periodo ed il capitale di funzionamento - la rappresentazione attraverso il bilancio 4. Sistemi contabili e amministrativi - le regole fondamentali di funzionamento della contabilità - la metodologia di rilevazione delle operazioni 5. Le condizioni di svolgimento della gestione - condizioni di equilibrio economico, finanziario, patrimoniale - condizioni di equilibrio strutturale - il leverage operativo e finanziario - il rischio strategico e le prospettive di analisi.

Other activities: case studies, seminars, guest speakers

Assessment: written and oral exam

Professor: 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; Di Lazzaro, Malagrinò, Esercizi svolti di economia aziendale, Giappichelli, 2008. Other material provided during the semester. 4d E1-BA4d-B: BUSINESS ADMINISTRATION Fall semester; 70 lectures; 7 hrs per week; 8 credits First Part: Business administration, the concept of business and relations between the business and the external environment. The role of the economic sciences within the framework of the social sciences. Business administration and political economy: the different spheres of investigation. The role of the business in economic activities. The various methods of classifying a business. The institutional aspects of the business: the aims of the economic entity. Corporate governance: an international comparison. Relations between businesses and the relevant external environment: political, social and environmental implications of business activities. Second Part: The management and organisation of a business: general concepts. The life cycle of a business: establishment, operation and termination. The establishment stage: fundamental choices. The operational stage: the fundamental scheme of management operations. Business finance: equity and debt. Criteria for choosing the form of financing. The acquisition of the factors of production: fixed assets and current expenditure. The production function. Marketing.

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The economic and financial balance of a business. General principles of business organisation. The various forms of concentration among businesses. Aspects of business strategy and policy. The terminal stage: cessation of activities. Aspects of mergers and acquisitions. Third Part: Management information. Information on business management intended for external purposes: aims and tools. Technical means of recording management transactions: value dynamics. The recording of finance transactions for accounting purposes. The recording of purchase transactions for accounting purposes. The recording of sale transactions for accounting purposes. Determining the income for the financial year and working capital. Organisation and management of the administrative function in businesses. Aspects of the double entry system. The requisites of effectiveness of external business information. Information on business management intended for internal purposes: auditing.

Prerequisites: Accounting

Other activities: case studies, seminars, guest speakers

Assessment: written and oral exam

Professor: Tiscini

Textbooks: Caramiello C., L’azienda (alcune brevi riflessioni introduttive), Milano, Giuffrè, 1993. Cavalieri E., Economia aziendale,Vol. I, Roma, Giappichelli, 2010. 5a E2-BL5a/b/c/d-B: BUSINESS LAW Spring semester; 70 lectures; 7 hrs per week; 8 credits

Rules governing enterprises in general, companies, credit instruments and insolvency proceedings.

Prerequisites: Italian Private Law

Assessment: 90% oral exam, 10% team work

Professor: Farenga

Textbooks: V. Buonocore, Manuale di diritto commerciale, Giappichelli, Torino, X edizione, 2011

5b E2-BL5a/b/c/d-B: BUSINESS LAW Spring semester; 70 lectures; 7 hrs per week; 8 credits

General theory of the firm. Commercial and non-commercial enterprises. The 'statute' of the commercial entrepreneur. The business. Partnerships. Companies. Credit instruments. Cooperatives and consortia.

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Prerequisites: Italian Private Law

Assessment: oral exam

Professor: De Angelis

Textbooks Codice civile (latest edition) PARTE GENERALE, choose one of the following: AA.VV., Diritto commerciale, Bologna, Monduzzi Editore, 2011. or F. FERRARA jr. - F. CORSI, Gli imprenditori e le società, Milano, Giuffrè Editore, 2011. PARTE SPECIALE: L. DE ANGELIS, Elementi di diritto contabile. Disciplina civilistica e principi contabili internazionali, II ed., Milano, Giuffrè Editore, 2011.

5c E2-BL5a/b/c/d-B: BUSINESS LAW Spring semester; 70 lectures; 7 hrs per week; 8 credits

The entrepreneur. The 'statute' of the commercial entrepreneur. The business. Trademarks. Consortia. Competition law. Credit instruments. Banking contracts. Insolvency proceedings. Partnerships. Joint stock companies. Limited liability companies. Partnerships limited by shares. Co-operative societies.

Prerequisites: Italian Private Law

Assessment: oral exam

Professor: Lener

Textbooks

Per la parte relativa alle società: Associazione Disiano Preite, Il diritto delle società, Il Mulino, Bologna, 2010. Per le parti relative all’impresa, contratti bancari, titoli di credito e procedure concorsuali: G.F. Campobasso, Manuale di diritto commerciale, Utet, latest edition. 5d E2-BL5a/b/c/d-B: BUSINESS LAW Spring semester; 70 lectures; 7 hrs per week; 8 credits

The entrepreneur. Categories of entrepreneur. Acquisition of status of entrepreneur. The 'statute' of the commercial entrepreneur. The business. Trademarks. Competition law. Consortia. Temporary groupings of enterprises. EEIGs. Companies and partnerships in general. De facto, general and limited partnerships. Limited liability companies, joint stock companies and co-operative societies. Mandates. Banking contracts. Financial brokerage. Securities brokerage. The securities market and stick exchange contracts. Business crises. Bankruptcy. Arrangements with

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creditors. Compulsory administrative liquidation. The extraordinary administration of large insolvent enterprises.

Prerequisites: Italian Private Law

Assessment: oral exam

Professor: Palmieri

Textbooks:

Gian Franco Campobasso, Manuale di Diritto Commerciale, fifth edition a cura di M. Campobasso, Utet, 2010. 6a/b/c E2-BO6a/b/c-B: BUSINESS ORGANIZATION Spring semester; 70 lectures; 7 hrs per week; 8 credits The concept of Organisation; Organisation and organisational behaviour; organisational theories: the "teachers"; Organisation as a system: determinants of results, interdependencies, openness to the environment; variability, uncertainty and complexity; the strategy-structure relationship; the main organisational structures; organisational boundaries, hierarchy, the market and intermediate forms (alliances, networks, joint ventures, districts); Organisation size, life cycle and decline; organisational change; Organisation and innovation; learning Organisation and knowledge management; information Organisation and technologies; management systems: the production of information for decision-making and information systems; management systems: personnel management, concepts, methods and instruments; instruments of development and remuneration; conflict management; mobility and formation; organisational culture.

Other activities: active participation of the student during the lectures

Assessment: written and oral exam

Professor: Albano, Decastri

Textbooks: Albano: Jones G.R., Organizzazione. Teoria, progettazione, cambiamento, Egea, 2007; Tomasi D. (a cura di), Organizzazione d’Azienda. Materiali di studio, Giappichelli, Torino, 2006; Material provided during the semester. Recommended books: Costa G., Gubitta P., Organizzazione aziendale, second ed., McGraw-Hill, 2008; Gabrielli G., People management. Teorie e pratiche per una gestione sostenibile delle persone, Franco Angeli, 2010; Costa G., Gianecchini M., Risorse Umane. Persone, relazioni, valore, McGraw-Hill, Milano, 2005; Daft R. L., Organizzazione Aziendale, third ed., Apogeo, 2007; Tosi H. L., Pilati M., Comportamento organizzativo. Attori, Relazioni, Organizzazione e Management, EGEA, 2008. Decastri: Not available at time of publication. 6d E2-BO6d-B: BUSINESS ORGANIZATION (in English) Spring semester; 70 lectures; 7 hrs per week; 8 credits

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Introduction to the course Organizational Theories The Actor Organization of work The structuring of organization

Other activities: active participation of the student during the

lectures

Assessment: written and oral exam

Professor: Torlò

Textbooks: Not available at time of pubblication 7a E1-CS7a-B: COMPUTER SCIENCE Fall semester; 70 lectures; 7 hrs per week; 6 credits

Computing and personal computers. Hardware components and architecture. Operating systems and software. Networks, network services and Web. DB, DBMS and DWH. Introduction to programming. User-web interface. Software life cycle. IT project management and economic aspects. Information and organisation technologies. IT security.

Software applications (workshop). Features and direct use of business and personal software on a PC, with special reference to word processing, spreadsheets, database management and the Internet.

Other activities: Practical work

Assessment: written and oral exam

Professors: Olivieri

Textbooks: Curtin D.P., Foley K., Sen K., Morin C. – Informatica di base – ed. McGraw-Hill Libri Italia, 2008; other materials will be given during the semester. 7b/c/d E1-CS7/b/c/d-B: COMPUTER SCIENCE Fall semester; 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: Practical work

Assessment: written and oral exam

Professors: Spagnoletti, Italiano, Za

Textbooks: Workshop portion:

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Students should use one of the textbooks approved by AICA for ECDL Core (visit the site www.ecdl.it). The computerised classrooms at LUISS also offer a self-teaching system. The tutor will provide all the necessary information during weekly meetings at the laboratory. Lecture portion: Introduzione alle tecnologie informatiche e ai sistemi informativi aziendali, Corso di Informatica – Laurea triennale in Economia e Management, Centro di Ricerca sui Sistemi Informativi, Università LUISS Guido Carli, McGraw-Hill Create 2010 Further material will be provided on http://docenti.luiss.it/spagnoletti/informatica/ http://docenti.luiss.it/informatica-draoli/ http://docenti.luiss.it/za/informatica-canale-d A self-study system is also available in some university computer rooms. Contact a tutor during the first semester for more details. 8a E3-CF8a-B: CORPORATE FINANCE Spring semester; 70 lectures; 7 hrs per week; 8 credits

1. The role of corporate finance.

2. Financial analysis and planning.

3. A closer look at current value. a. Current value and opportunity costs of capital. b. Value of shares. c. Investment decisions.

4. Risk and capital budgeting. a. Risk and yield. b. Risk and capital budgeting. c. Problems with capital budgeting.

5. Financing decisions. a. Market efficiency. b. Models of corporate finance. c. Divided policy. d. Financial structure and Modigliani-Miller test. e. Financing and investment decisions.

Prerequisites: Accounting

Other activities: practical work, cases analysis, individual project

Assessment: written exam (optional oral exam)

Professor: Cervellati

Textbooks: R. Brealey, S. Myers, S. Sandri, Principi di Finanza Aziendale, McGraw Hill Libri Italia, latest edition; 8b E3-CF8b-B: CORPORATE FINANCE Spring semester; 70 lectures; 7 hrs per week; 8 credits

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1. The role of corporate finance.

2. Financial analysis and planning.

3. A closer look at current value. a. Current value and opportunity costs of capital. b. Value of shares. c. Investment decisions.

4. Risk and capital budgeting. a. Risk and yield. b. Risk and capital budgeting. c. Problems with capital budgeting.

5. Financing decisions. a. Market efficiency. b. Models of corporate finance. c. Divided policy. d. Financial structure and Modigliani-Miller test. e. Financing and investment decisions.

Prerequisites: Accounting

Other activities: practical work, cases analysis, individual project

Assessment: written exam

Professor. Spisni

Textbooks: Brealey R. A, Myers S.C., Sandri S., Principi di finanza aziendale, 6 ED, McGraw-Hill, Milano, 2011 Bajo, E. e Sandri, S. Finanza Aziendale, Testi d'esame, Pitagora, 2007

8c/d E3-CF8c/d-B: CORPORATE FINANCE Spring semester; 70 lectures; 7 hrs per week; 8 credits

4. The role of corporate finance.

5. Financial analysis and planning.

6. A closer look at current value. d. Current value and opportunity costs of capital. e. Value of shares. f. Investment decisions.

5. Risk and capital budgeting. d. Risk and yield. e. Risk and capital budgeting. f. Problems with capital budgeting.

6. Financing decisions. f. Market efficiency. g. Models of corporate finance. h. Divided policy. i. Financial structure and Modigliani-Miller test. j. Financing and investment decisions.

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Prerequisites: Accounting

Other activities: practical work, cases analysis, individual project

Assessment: written (optional oral exam)

Professor: Oriani, Bozzi

Textbooks: R. Brealey, S. Myers, S. Sandri, Principi di Finanza Aziendale, McGraw Hill Libri Italia, 2006, V edition; 9 E3-EGD9-B: ECONOMIC GROWTH AND DEVELOPMENT Spring semester; 60 lectures; 6 hrs per week; 8 credits; elective Basic facts on economic growth: rapid global growth in recent 2 centuries, and significant divergence across countries. Main theories: basic Solow model, endogenous growth, human capital and imperfect capital markets, technology adoption, demographic trends. Empirical tests of theories: growth accounting, the Jones critique, convergence and growth regressions, development accounting, geography, institutions.

Other activities practical work

Assessment problem sets and final exam.

Professor Zeira, Di Vaio

Textbooks: 10 E3-EH10-B: ECONOMIC HISTORY Fall semester; 35 lectures; 6 hrs per week; 8 credits; elective

From Smith to Marx, from Keynes to Schumpeter, to contemporary theories, the course intertwines the past with modern reality and so highlights the relationship between the two levels of analysis.

Other activities seminars

Assessment oral exam

Professor Di Taranto

Textbooks: A. Roncaglia, La ricchezza delle idee. Storia del pensiero economico, Roma-Bari, Laterza, 2001

11 E3-EP11–B: ECONOMIC POLICY Fall semester; 70 lectures; 7 hrs per week; 8 credits; elective

The aim of the course is to analyse the tools and goals of economic policy in open economic systems. Special attention is paid to the issue of economic policy choices within European economic and monetary union and questions pertaining to the real economy and the labour market. The course also proposes through thematic seminars to explain the role of the financial markets in the management of economic policy.

Prerequisites: Macroeconomics

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Assessment: written and working paper

Professor: De Santis

Textbooks: Nicola Acocella, Politica Economica e Strategie aziendali, quinta edizione, Carocci Bolettino mensile della BCE

12a E3-EM12a–B: ECONOMICS AND MANAGEMENT Spring semester; 70 lectures; 7 hrs per week; 8 credits;

The course is divided into the following three parts:

a) the business system and competitive environment;

b) business strategy;

c) the problematic strategies of business functions.

Assessment: Compulsory written and optional oral exam

Professor: Caroli

Textbooks:

Fontana F., Caroli M.G., (a cura di), Economia e Gestione delle Imprese, McGraw-Hill, 2009.

12b E3-EM12b–B: ECONOMICS AND MANAGEMENT Spring semester; 70 lectures; 7 hrs per week; 8 credits;

1. The business system and the competitive environment. 2. Relevant resources and competencies. 3. Strategic management. 4. Strategic planning. 5. Implementation of strategy: organisational planning and management of human capital. 6. Economic evaluation of strategy. 7. Marketing. 8. Management of production and logistics. 9. Technological innovation and competitive advantage: analysis and management of investments in research and development.

Assessment: 30 % 3 mid term work; 70% final written and oral exam

Professor: Boccardelli

Textbooks: Fontana F., Caroli M.G., (a cura di), Economia e Gestione delle Imprese, McGraw-Hill, latest edition; Boccardelli, P. 2008. I modelli di business nel settore cinematografico, Il Mulino editore. 12c E3-EM12c–B: ECONOMICS AND MANAGEMENT Spring semester; 70 lectures; 7 hrs per week; 8 credits;

The business and its environment.

Business as a system.

The environment of a business.

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Resources and competencies.

The business as an ensemble of resources.

Strategy based on resources.

Strategic management.

Competitive advantage.

Competition strategy.

Strategic planning.

Corporate planning.

Business planning.

Business functions.

Organisational planning.

Marketing.

Finance and value creation.

Management of production and logistics.

Innovation as a strategic function.

Assessment: written and oral exam

Professor: Pirolo

Textbooks: Fontana F., Caroli M.G., (a cura di), Economia e Gestione delle Imprese, McGraw-Hill, latest edition; 13 E3-EM13–B: ECONOMICS AND SERVICES OF PUBLIC UTILITIES Spring semester; 70 lectures; 7 hrs per week; 8 credits; elective

Commending from an analysis of the fundamentals of economics and the organisation of public services, the course reviews the main events in the development that the sector in question has undergone in recent decades such as the evolution of political thought and public policy tools from direct intervention by government in economic activities to the wave of liberalisation and reforms that were a feature of the 1980s and 1990s. In that context, how the main liberalised markets work will be examined as will the techniques for regulating how access to natural monopoly networks is granted.

A specific part of the course will be dedicated to a closer look at the methods for managing some crucial external factors (for example, the environment, climate change, etc.), addressing the main mechanisms for intervention of a legislative, tax and market nature. In particular, cap and trade and different forms of incentives and subsidies will be examined. Those tools, adopted to direct business toward desirable outcomes for the community as a whole, entail a distortion of the normal interplay of competition. Therefore, the subject will be addressed from the standpoint of identifying the criteria and parameters whereby one can assess the efficiency of public intervention in terms of a trade-off between costs and benefits.

Assessment: written and oral exam

Professor: Mori

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Textbooks: Recommend readings Varian H R, Microeconomia, Cafoscarina, 2007 Marzi, Prosperetti, Putzu, La Regolazione dei Servizi Infrastrutturali, Il Mulino, 2001 Spina, Maione, Lo Stato Regolatore, Il Mulino, 2000 Bulckaen F, Cambini C, I servizi di pubblica utilità. Regolazione e concorrenza nei nuovi mercati, Franco Angeli, 2000 Stoft S, Power System Economics: Designing Markets for Electricity, Wiley, 2002 Pearce D W, Turner R K, Economia delle risorse naturali e dell'ambiente, Il Mulino, 1991 Other material will be given during the semester. 14a E3-EMFI14a–B: ECONOMICS OF MARKETS AND FINANCIAL INSTITUTIONS Spring semester; 70 lectures; 7 hrs per week; 8 credits;

Aspects of the theory of financial intermediation.

Interest rates and valuation of debt securities.

European Central Bank and monetary union.

Financial markets: money markets, bonds, shares, currency and derivatives.

Banks: business, regulation and statutory financial statements.

Other financial intermediaries.

The risks of financial intermediation: I and II pillar risks.

Basle 2 and 3 rules.

Prerequisites: Macroeconomics

Assessment: oral exam

Professor: Cerri

Textbooks: Anthony Saunders, Marcia Millon Cornett, Mario Anolli, Barbara Alemanni -Economia degli Intermediari finanziari, Mc Graw-Hill Terza Edizione 2011

14b E3-EMFI14b–c-d B: ECONOMICS OF MARKETS AND FINANCIAL INSTITUTIONS Spring semester; 70 lectures; 7 hrs per week; 8 credits;

- Analysis of the characteristics and functioning of financial markets.

- Theory of intermediation and function of financial intermediaries.

- Financial intermediaries: management, risks and regulation.

- Analysis of the characteristics of the financial instruments traded on financial markets.

Prerequisites: Macroeconomics

Assessment: written exam

Professor: Comana, Pallini, Curcio

Textbooks:

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SAUNDERS, Antony, CORNETT, Marcia Millon, ANOLLI, Mario, ALEMANNI, Barbara, Economia degli Intermediari Finanziari, 3a ed., McGraw Hill, gennaio 2011; 15 E3-EITI15–c-d B: ENTREPRENEURSHIP AND INNOVATION TECHNOLOGY Spring semester; 70 lectures; 7 hrs per week; 8 credits; elective In this course we focus on the practices and processes that entrepreneurs and managers use to manage product, process, and organizational innovation effectively. Our focus will be on entrepreneurial firms (new and established) and on organizations that have been successful and unsuccessful in their innovation. First, we will approach innovation issues from the entrepreneur and manager's perspective. Second, we will approach the management of innovation from a strategic perspective. As such, we will consider the relationship between processes and structures for innovation in firms, the strategies for exploitation and the environment in which these must be designed (e.g., technological change, sources of innovation).

Prerequisites: Macroeconomics

Assessment: written exam

Professor: Lipparini

Textbooks: Melissa A. Schilling, Strategic Management of Technological Innovation, 3rd Edition, 2009, MCGraw-Hill.

16a E2-FM16a-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: Mathematics

Other activities: practical work

Assessment: written and oral exam

Professor: Olivieri

Textbooks: Bortot, Magnani, Olivieri, Rossi, Torrigiani, Matematica finanziaria, 1998, Ed. Monduzzi. 16b E2-FM16b-B: FINANCIAL MATHEMATICS

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Fall semester; 70 lectures; 7 hrs per week; 8 credits

Fundamentals of financial mathematics. Sure financial transactions. Principle of financial equivalence. Financial regimes and theory of single-variable and dual-variable finance laws. Divisibility. Capital value of a flow of amounts.

Returns on financial transactions: how to value them. Undivided loans: amortisation and valuation of a loan. Divided loans: financial characteristics of obligations and how to value them. Criteria for choosing investments: financial investment translations, discounted economic result and internal rate of return.

Value function, financial market structure and absence of arbitrage. Interest rate maturity structure and its evolution in conditions of uncertainty. Temporal indices and variability indices of a flow of amounts. Periodic income from a flow of amounts. Interest rate risk and best time for divestment.

Prerequisites: Mathematics

Other activities: practical work

Assessment: 60% written and 40% oral exam

Professor: De Angelis

Textbooks: F. Cacciafesta, Lezioni di matematica finanziaria classica e moderna, Giappichelli, third edition, 1997; 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. 16c E2-FM16c-B: FINANCIAL MATHEMATICS Fall semester; 70 lectures; 7 hrs per week; 8 credits

Fundamentals of the valuation of financial contracts. Amounts, time and risk. Temporal structure of the exchange of amounts, principal and interest. Contracts, trades and prices. Risks.

Valuations in conditions of certainty. The exponential law. Returns and repayment plans. The internal rate of return of a financial transaction. Theories of the laws of financial equivalence.

Financial transactions in the market. Value function and market price. Interest rate maturity structures. Temporal and variability indices. Interest rate swaps. The measurement of interest rate maturity structures. Assessments of arbitrage for variable rate plans. The evolution of maturity structures.

Prerequisites: Mathematics

Other activities: practical work

Assessment: 50%written and 50%oral exam

Professor: Mottura

Textbooks: G.Castellani, M.De Felice, F.Moriconi, Manuale di finanza, Vol. I, Tassi di interesse. Mutui e obbligazioni, Il Mulino, 2005, Bologna

16d

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E2-FM16d-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: Mathematics

Other activities: practical work

Assessment: written and oral exam

Professor: Foschini

Textbooks: Bortot, Magnani, Olivieri, Rossi, Torrigiani, Matematica finanziaria, Monduzzi, 1998; Olivieri, Foschini, Staffa, Matematica Finanziaria, Monduzzi. 17 E3-FR17-B: FINANCIAL REGULATION Fall semester; 70 lectures; 7 hrs per week; 8 credits; elective The course will analyze goals, methods and approach to financial regulation at EU and domestic level.

Other activities: practical work

Assessment: oral exam

Professor: Olivieri

Textbooks: There is no compulsory text book. Material supplied by teachers: slides summarizing the lessons and a list of readings in the field of the financial crisis 18 E3-HTED18-B: HISTORY AND THEORY OF ECONOMIC DEVELOPMENT Fall semester; 70 lectures; 7 hrs per week; 8 credits; elective

The course is divided into a theoretical part dwelling on the contribution of economists and scholars from WWII onwards and a historical part explaining – from a wide spatial and temporal perspective – the factors of development in many areas of the world.

Assessment: oral exam

Professor: Di Taranto

Textbooks: E. Grilli, Crescita e sviluppo delle nazioni, Utet, Torino, 2005. 19

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E1-HEB19-B: HISTORY OF ECONOMIC AND BUSINESS Fall semester; 70 lectures; 7 hrs per week; 8 credits;

L’analisi dello sviluppo dell’economia mondiale, dal modello malthusiano alla globalizzazione contemporanea.

Other activities: seminars

Assessment: oral exam

Professor: Di Taranto, Ferrandino, Farese, Strangio

Textbooks: F. Assante, M. Colonna, G. Di Taranto e G. Lo Giudice, Storia dell’economia mondiale, Bologna, Monduzzi, 2001. G. Magnifico, L’Euro, ragioni e lezioni di un successo sofferto, Roma, Luiss University Press, 2008

20 E3-HET20-B: HISTORY OF ECONOMIC THOUGHT Spring semester; 70 lectures; 7 hrs per week; 8 credits; elective The study of economic thought from the first theoretical formulations to the economics of globalisation, examined from the viewpoint of classical economists, marginalists, Marshall, Keynes and the post-Keynesians, Schumpeter and the theory of business enterprise, the Sraffian critique, growth and development models, and the recent contributions of microeconomics and macroeconomics.

Other activities: seminars

Assessment: oral exam

Professor: Di Taranto

Textbooks: A. Roncaglia, La ricchezza delle idee. Storia del pensiero economico, Roma-Bari, Laterza, 2001. 21 E3-HEBO21-B: HISTORY OF ENTERPRISE AND BUSINESS ORGANISATION Spring semester; 70 lectures; 7 hrs per week; 8 credits; elective

Introduction: sources, methodologies and historical aspects. The origin and the dissemination of the history of the firm: subject matter and evolution of the rules. The entrepreneur between economics and history. The figure of the entrepreneur in the continental European tradition and the Anglo-American one.

The summaries proposed by Marshall, Knight and Schumpeter. The dynamic concept of the firm: ownership, expansion and strategy from Berle and Means to Chandler’s “Visible Hand”. The Neo-Keynesian philosophy, and recent management and behaviour theories.

Overview of the history of the firm from the industrial revolution to modern times. Contextualisation: formation of human capital, institutions, financial systems. Size and performance of firms from a historical standpoint.

Large managerial firms. The Chandler paradigm, economies of scale and first movers. Multinational firms. Globalisation, the knowledge economy and metanational firms. Companies without factories and outsourcing. The firm in the transition from national sovereignty to

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translational markets. China and the new dimensions of the economy: the firm in emerging markets.

Organisation and production in capitalist firms: Taylorism, Fordism, Toyotism and flexible forms of production: networks of firms and districts. The post-Fordist system and the digital revolution: from economic restructuring to the long tail. The nature of technical progress, innovation and R&D.

Marketing and enterprise between theory and history: from consumer sovereignty to customer satisfaction and from transnational marketing to relational marketing. The evolution of the definition of marketing, periodicness and strategic trends.

Accounting and firms between theory and history. From double entry to analysis of financial statements. Public firms: rise and fall. New prospects for the history of the firm and business organisation: research methods and innovative study contents. Open innovation, niche markets and the role of the history of the firm: new and old paradigms compared.

Assessment: oral exam

Professor: Lepore

Textbooks:

PierAngelo Toninelli, Storia dell’impresa, Milano, il Mulino, nuova edizione, 2012; Amedeo Lepore, Nuove prospettive per la storia d’impresa, in “Pecunia”, n. 11, 2010, pp. 105-133, <http://www3.unileon.es/pecvnia/pecvnia11/11_105_133.pdf>; Amedeo Lepore, Lineamenti di Storia del Marketing, in AA.VV., Nuovi percorsi della Storia economica, a cura di Mario Taccolini, Milano, Vita e Pensiero, 2009, pp. 215-271.

There will be case studies of some firms during the course (Brembo, Diesel, Ducati, Geox, La Sportiva, StM and Technogym). A handout will be furnished for each of the seven firms mentioned, three of which must be studied for the exam. Handouts, articles, slides and some online material will be made available for certain topics. A student may reach agreement with the lecturer – at the start of the course – on any textbook covering the topics indicated as an alternative to the recommended textbook.

22 E3-HuROM22-B: HUMAN RESOURCES ORGANISATION AND MANAGEMENT Fall semester; 70 lectures; 7 hrs per week; 8 credits; elective

Human resource strategy, organisational structure and function. Organisational behaviour and its determinants. Motivational theories and differentiation policies. The total rewards approach. The main processes in human resource management. Attracting, keeping and motivating personnel. The acquisition of human resources on the internal and external markets: the recruitment and selection process. Employer branding policies. Systems for valuing human resources: people value mapping and development systems. The management of remuneration: remuneration structure and its components. Fixed and variable remuneration. Incentives based on targets. Remuneration of executives and medium to long term incentives. Economic and financial participation.

Other activities: case history, seminars

Assessment: oral exam

Professor: Gabrielli

Textbooks: Gabrielli Gabriele, People Management, Teorie e pratiche per una gestione sostenibile delle

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persone, FrancoAngeli, Milano 2010. 23a/b/c/d E3-IE23a/b/c/d-B: INDUSTRIAL ECONOMICS Fall semester; 70 lectures; 7 hrs per week; 8 credits

A. Part 1. Introduction.

1. The fundamentals of the market economy. Logic and limits.

2. Analysis methodologies: the Harvard school, the Chicago school and new theoretical developments.

3. Sectors and markets. A. Marshall’s special theory of economic balance. The relevant market. Industrial districts. Industrial classifications and sources of statistics.

4. The theory of the firm.

B. Part 2. Basic elements.

5. The theory of demand.

6. Structure and variations in production costs.

C. Part 3. The structure of sectors.

7. Concentration of the offer. Measurement. Cause and effect.

8. Entry barriers.

9. Differentiation. Effects of advertising spending. product quality and innovation. Non-price competition.

10. Diversification.

11. Vertical integration.

D. Part 4. Conduct of firms.

12. Competition. Contendible markets. Monopolies. Monopsony. Monopolistic competition.

13. Pricing policies. Techniques and strategies of ‘price maker’ firms.

14. Theory of the oligopoly. Collusive conduct.

15. Non-collusive conduct. Theory of the kinked demand curve.

16. Applications of game theory.

17. A dynamic competition model in imperfect markets.

E. Part 5. Industrial policies.

18. Aggregate demand as a factor of productivity.

19. Industrial policy in Italy. Public intervention. A historic period (1945-1980).

20. Crisis in productivity and growth (1995-2010).

21. New trends in industrial policies. The regulation of markets and authorities.

22. Public and private ownership of businesses. Privatisation.

23. Protectionism.

Prerequisites: Microeconomics

Other activities: seminars, practical work

Assessment: written exam and optional oral exam

Professor: Scognamiglio Pasini

Textbooks: C. Scognamiglio Pasini, Economia Industriale, LUISS University Press, 2008.

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23a/b/c/d E3-IE23a/b/c/d-B: INDUSTRIAL ECONOMICS Fall semester; 70 lectures; 7 hrs per week; 8 credits

1. Introduction to industrial economics.

The birth of industrial economics and its relationship with other disciplines like microeconomics, managerial economics and competition.

2. The structure – conduct – performance paradigm.

The forms of market: monopoly and regulation, perfect competition (or almost), oligopoly and oligopolistic competition. Market power and collusion, price and non-price strategies, vertical relationships and advertising. Market entry and exit, strategic behaviour, external growth and development policies.

3. The regulation and protection of competition.

The institutional context: rules and competition, the definition of relevant market, market power and dominant position, contendibility of markets.

Prerequisites: Microeconomics

Other activities: seminars, practical work

Assessment: 70% written test, 20% team work and 10% oral exam

Professor: Martoccia

Textbooks: 24 E3-IEF24-B: INTERNATIONAL ECONOMICS Spring semester; 70 lectures; 7 hrs per week; 8 credits; elective International trade facts and theory, Movements of labor and capital between countries, Outsourcing, Tariffs, Exchange rates, Balance of payments, International macroeconomics.

Assessment: written exam

Professor: Quintieri

Textbooks: Robert C. Feenstra and Alan M. Taylor, “Essentials of International Economics”, Worth Publishers, 2010.

25a/c E1-IPL25a/b/c/d-B: ITALIAN PRIVATE LAW Fall semester; 70 lectures; 7 hrs per week; 8 credits

I. Preliminary concepts.

- Methodological, historical, legal and economic introduction to private law: private law in the theory of the legal system.

- Sources of law.

II. Fundamental concepts.

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- Individual legal rights and mere factual situations considered by law.

- Legal events and acts.

- Public notice of legal events.

- Statute of limitations and lapse.

III. Persons to a legal relationship.

- Natural persons.

- Legal persons.

IV. Ownership, minor real rights and possession.

V. Obligations.

- The sources of obligation.

- The rules governing obligations in general.

- Contracts in general.

- The most important single typical contracts.

- Civil liability (precontractual, contractual and tortious).

- Other acts or events giving rise to obligations.

VI. The judicial protection of rights.

VII. Family, gifts and inheritance.

Other activities: seminars, practical work, guest speakers

Assessment: oral exam written tests during the semester

Professor: Pardolesi, Di Ciommo

Textbooks: F. Di Ciommo, Manuale di diritto privato, Giappichelli Editore, Torino, 2010. E. Roppo, Manuale di diritto, Editio minor, Giappichelli Editore, Torino, 2011; Civil code. 25b/d E1-IPL26a/b/c/d-B: ITALIAN PRIVATE LAW Fall semester; 70 lectures; 7 hrs per week; 8 credits

Introductory concepts. Legal rules. The sources of law. Concepts of private law.

The interpretation of law and analogy.

General outline of the law governing persons, the family and succession.

Real rights: ownership, possession and real rights of enjoyment.

Obligations: performance, breach, various matters affecting obligations, monetary and joint obligations, protection for creditors and security for performance.

Contracts: the contract in general, formation and matters affecting the contract, single typical contracts.

Tort and other sources of obligation.

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The protection of rights. Registration, real security rights, actions to defend security, and statute of limitations.

Other activities: seminars, practical work, guest speakers

Assessment: oral exam written tests during the semester

Professor: Conte, Di Gravio

Textbooks: Conte: F. Alpa,manuale di diritto privato,settima edizione,Padova, 2011; G. Codice civile aggiornato sul nuovo diritto contrattuale europeo. Genesi e sviluppo del progetto c.d. “Common Frame of Reference”: G.Alpa e G.Conte. Recommended reading: P. Grossi, Prima lezione di diritto, XIV ed., Laterza, Bari-Roma, 2009. Di Gravio: Trimarchi, Istituzioni di diritto privato, Giuffrè, ultima edizione. Zatti Colussi, Lineamenti di diritto privato, Cedam, ultima edizione. Galgano, Istituzioni di diritto privato, Cedam, ultima edizione. Torrente – Schlesinger, Manuale di diritto privato, Giuffrè, ultima edizione. Autori vari: Dieci lezioni di Diritto Privato, UTET, 2006 (Cinque lezioni a scelta dello studente). 26a E1-IPE26a/b/c/d-B: ISTITUTIONS OF POLITICAL ECONOMY Fall semester; 70 lectures; 7 hrs per week; 8 credits

The course is divided into three conceptually distinct parts. The first tackles problems in relation to personal choices made by economic agents (in other words, consumers and businesses), the second studies the markets (in other words, the environments within which those agents interact), while the third analyses aggregate economic systems and the institutions (in other words, political, fiscal and monetary authorities) that influence how they work. In all parts of the course special attention is paid to the application of the economic method and the concept of efficiency that, in its various forms, is at the same time a paradigm of reference and guide for economic policy initiatives.

Other activities: seminars, practical work, guest speakers

Assessment: 10% oral exam 90% written exam

Professor: Spallone

Textbooks: N.G. Mankiw e M.P. Taylor “Principi di Economia”, Zanichelli, 2012

26b E1-IPL26a/b/c/d-B: ISTITUTIONS OF POLITICAL ECONOMY Fall semester; 70 lectures; 7 hrs per week; 8 credits

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The purpose of this course is to provide students with the basic knowledge and tools to interpret economic phenomena at both microeconomic and macroeconomic level. In particular, the course is divided into three conceptually distinct parts. The first tackles problems in relation to personal choices made by economic agents (in other words, consumers and businesses), the second studies the markets (in other words, the environments within which those agents interact), while the third analyses aggregate economic systems and the institutions (in other words, political, fiscal and monetary authorities) that influence how they work. In all parts of the course special attention is paid to the application of the economic method and the concept of efficiency that, in its various forms, is at the same time a paradigm of reference and guide for economic policy initiatives.

Other activities: seminars, practical work, guest speakers

Assessment: 50% oral exam 50% written exam Campioni: 90% oral exam, 10% written exam

Professor: Di Cagno, Panaccione, Campioni

Textbooks: N.G. Mankiw e M.P. Taylor “Principi di Economia”, Zanichelli, 2012

27 E3-LSC27-B: LABOR LAW Fall semester; 70 lectures; 7 hrs per week; 8 credits; elective

Trade union law. Knowledge of the sources. Collective bargaining agreements and evolution of collective bargaining. Right to strike. Reference to European sources. Social dialogue and European framework agreements. The individual labour relationship: the contract, powers of the employer, protection of the worker. Selected recent caselaw on changes in job description, individual dismissal, collective redundancy, and discrimination. Labour contracts and the market. Non-standard labour relationships. Reference to main European sources. Flexicurity measures.

Assessment: 60% oral exam, team work 40%

Professor: Sciarra

Textbooks: G.Giugni, Diritto sindacale ultima edizione disponibile, Cacucci, Bari; other material will be given during the semester. 28c/d E3-MEP28b-B: MACROECONOMICS AND ECONOMIC POLICY Fall semester; 70 lectures; 7 hrs per week; 12 credits;

After studying government accounting, the course will analyse the basic macroeconomic model for a closed economy and full employment. Then a long-term growth model will be analysed. Subsequently, the course will examine the IS-LM model of closed and open economies and then the demand for aggregate supply and demand. Finally, stabilisation policies will be analysed. The course includes a series of tutorials, using numerical examples, on matters discussed at lectures.

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Assessment: Oral and written exam

Professor: Borri, Pandimiglio

Textbooks: N. Gregory Mankiw – Mark P. Taylor “Macroeconomia”, Zanichelli, ultima edizione

28a/b E3-MEP28c-B: MACROECONOMICS AND ECONOMIC POLICY Fall semester; 70 lectures; 7 hrs per week; 12 credits;

Introduction to macroeconomics and basic notions of government accounting.

The market for goods. The Keynesian cross model. The IS curve.

Financial markets. The quantity theory of money. Money supply. The LM curve.

The short term. The IS-LM model, the effects of monetary and fiscal policy and the construction of the aggregate demand curve.

The IS-LM model in an economy open to foreign trade.

The labour market. Unemployment.

The short term. The AD-AS model, demand equilibrium and aggregate supply. Implications of economic policy.

The dynamic AD-AS model. The trade-off between inflation and unemployment. The Phillips curve.

Expansion of the money supply and inflation. Deflationary policies.

Economic growth. The Solow model. Technological progress.

Public debt dynamics and sustainability.

Analysis of aggregate income stabilisation policies: monetary and fiscal policy.

Assessment: Oral and written exam

Professor: Giordani, Nisticò

Textbooks: “Macroeconomia: una prospettiva europea”, di O. Blanchard, ultima edizione, 2011, Il Mulino.

29 E3-Ma29-B: MARKETING Fall semester; 70 lectures; 7 hrs per week; 12 credits; 1) The concept of marketing and the marketing process. 2) The market and consumer behaviour. 3) Marketing strategy and marketing mix (product, price, distribution and communication). 4) Application/exercises on topics like segmentation, positioning and marketing plan.

Assessment: 50% Written exam, 35% Team work, 15% partecipation

Professor: Marcati

Textbooks: Philip Kotler, Kevin Lane Keller, Il marketing del nuovo millennio, Seconda edizione, Pearson 2010

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30a E1-Mat30a-B: MATHEMATICS Fall and Spring semester; 70 lectures; 7 hrs per week; 12 credits

Natural, whole, rational and real numbers.

Vectors and matrixes: linear combination and linear independence, dimension and base. Determinants and characteristics. Linear systems and the Rouché-Capelli theorem.

Elements of analytical geometry in the plane and in space.

Straight line topology and multidimensional Euclidean space.

Functions in more than one variable: general. Exponential and logarithmic functions. Circular functions (aspects of trigonometry).

Successions and limits, indeterminate forms. Nepero's constant.

Numerical series and convergence criteria.

Function limits, infinites and their comparison. Asymptote. Continuous functions.

Derivative: definition, calculation and applications. Differential, Taylor's polynomial and series.

Maxima and minima for functions of more than one variable. Fixed endpoints. Gradient.

Integrals (definite and indefinite) and main methods of calculation. Improper integrals.

Other activities: practical work

Assessment: 10% written and 90% oral exam

written tests during the semester

Professors: Cacciafesta

Textbooks: F. Cacciafesta, Matematica generale, ed. Giappichelli. 30b E1-Mat30b-B: MATHEMATICS Fall/Spring semester; 70 lectures; 7 hrs per week; 12 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. 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: practical work

Assessment: 50% written and 50%oral exam

Professors: Papi

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.

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30c E1-Mat30c-B: MATHEMATICS Fall/Spring semester; 70 lectures; 7 hrs per week; 12 credits

The course is designed to provide first year economic students with some basic mathematical techniques that are used to solve many applied problems in economics, business, finance and insurance. At the end of the course the student must be able to successfully tackle and resolve some standard exercises of use in applications.

The topics covered include: functions and basic properties, limits and continuity, differential calculus and applications, integration, succession and series, matrixes, vectors and linear equation systems, linear transformation, determinants, vector subspaces and properties, functions of more than one variable, free and restricted optimisation, and economic applications.

Assessment: written and oral exam

Professors: 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 given during the semester. 30d E1-Mat30d-B: MATHEMATICS Fall/Spring semester; 70 lectures; 7 hrs per week; 12 credits

Linear equation systems: vectors, matrixes, solutions to parametric and other systems.

Real functions of one real variable: simple functions, composite functions, limits, continuity and derivability.

Integrals. Immediate integrals, methods of exact integration by parts and replacement, improper integrals and numerical methods of integration.

Succession, series and approximation of functions.

Ordinary differential equations: separable variable equations, homogeneous and heterogeneous linear equations.

Real functions of more than one variable and vector functions. Free endpoints, fixed endpoints, Pareto optimality.

Outline of the system of differential equations, partial differential equations, finite differential equations and multiple integrals.

Other activities: practical work

Assessment: 50%written and 50% oral exam

Professors: Scarlatti

Textbooks: Alessandro Blasi, Matematica. Corso base per la Facoltà di Economia, Ed. Kappa, 2002. Alessandro Blasi, Matematica. Esercizi, complementi e argomenti preliminari, Ed. Kappa, 2002. 31

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E3-MerAcq31-B: MERGERS AND ACQUISITIONS Spring semester; 70 lectures; 7 hrs per week; 8 credits; elective Not available at time of publication.

Assessment: written and oral exam

Professors: Potito

Textbooks: Potito, Le operazioni straordinarie nell’economia delle imprese. Giappichelli, third edition, 2009 (chapters 1,3,4,5). Other material will be provided during the semster. 32 E3-MCE32-B: MONETARY AND CREDIT ECONOMICS Spring semester; 70 lectures; 7 hrs per week; 8 credits; elective The course examines the function of currency, the role of financial brokers, and the management and transmission of monetary policy in modern industrialised economies, with special emphasis on the European Central Bank and the Federal Reserve. Students are expected to have acquired basic concepts of general mathematics, statistics, microeconomics and macroeconomics.

Prerequisites: Macroeconomics

Other activities: practical work

Assessment: oral and written exam

Professors: Di Giorgio

Textbooks: Di Giorgio G., Lezioni di economia monetaria, Cedam, Padova, latest edition (in particular chapters 1 and 5); Di Giorgio G., A. Pandimiglio, S. Nisticò, Problemi di Economia e Politica Monetaria, Cedam, Padova. Other material will be provided during the semester. 33 E3-MCE33-B: MONEY AND BANKING Spring semester; 70 lectures; 7 hrs per week; 8 credits; elective Fundamentals of money and banking; Financial System; The money creation process and the monetary policy transmission mechanism; Monetary theory: basic notions; Money, bonds and credit in macro-modeling; The European Central Bank and the US Federal Reserve; The 2007 – 2012 global financial crisis.

Prerequisites: Macroeconomics

Other activities: practical work

Assessment: oral and written exam

Professors: Paesani

Textbooks: Mishkin, F. (2012) The Economics of Money, Banking and Financial Markets, 10th edition, Pearson Education

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European Central Bank, (2011) The Monetary Policy of the ECB, 3rd edition, ECB Additional reference: Handa J. (2009) Monetary Economics, 2nd edition, Routledge Valdez S., and Molyneux P. (2010) An Introduction to Global Financial Markets, 6th edition, Palgrave MacMillan ECB annual and monthly bulletins, BIS publications, Quality financial press (the Economist, the Financial Times) At the beginning of each week, the instructor will indicate the relevant reference reading material for the lectures of the week. 34 E3-PE34B: PROFESSIONAL ETHICS Spring semester; 70 lectures; 7 hrs per week; 8 credits; elective

The recent crisis in the world financial system has caused a sophisticated model of enrichment based on fraud to collapse, revealing an urgent need for continuous synergy among the various levels of social responsibility within the globalised world. Many hope that this will lead to overcoming the mentality that sees economic science as pure and independent. The demand for ethics thus arises also in the shape of a need inside the economic world so that business, in the dialectic between individuals and the community, will fall within the realm of the pursuit of total quality of social wellbeing so as to foster positive coexistence among man.

But how can one ‘moralise’ the ‘places’ of wealth creation and distribution?

The first part of the course will focus on the subject of ethics, above all taking into account the history of Western thought. Then, conscious of the globalised context in which one lives, the ethical horizons proposed by other cultures and traditions will be examined (Islam, Buddhism, Hinduism, Taoism, Confucianism, Shintoism and African and Aboriginal traditions). This initial survey will conclude with a list (through a meta-ethical process and having regard to the UN Universal Declaration of Human Rights, the Italian Constitution and LUISS University Code of Ethics) of those few, essential and absolute ethics shared by all and that, in a modern world of cohabitation among various cultures and religions, can underpin the individual and collective conscience as the basis for law and morality.

The second part of the course takes the form of a historical and systematic review with the goal of establishing economic ethics as indicated in the lessons described hereunder, in other words, a historic itinerary between liberalism, collectivism and solidarity. A meta-ethical proposal with applications in the labour, financial and environmental protection spheres.

Assessment: Written and oral exam

Professor: Sangalli

Textbooks: Dispense del Professore “Metaetica ed Economia”; SANGALLI S., Introspezione medioevale. L'analisi dei vizi in Tommaso d'Aquino, LEV, Città del Vaticano, 2009. BERSELLI E., L'economia giusta, Einaudi, Torino, 2010. Reccomended reading:

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ALICI L., Filosofia morale, La Scuola, 2011; CLIFFORD GRAYLING A., Una storia del bene. Alla riscoperta di un'etica laica, Edizioni Dedalo, 2006. DA RE A., Filosofia morale. Storia, teorie, argomenti, Bruno Mondadori, 2008. GORCZYCA J., Essere per l'altro. Fondamenti di etica filosofica, GBP, 2011. RUSS J., L'etica contemporanea, Il Mulino, 1997.

35a E1–PEL35a-B: PUBLIC ECONOMIC LAW Spring semester; 70 lectures; 7 hrs per week; 6 credits

General Part: 1. Constitution and constitutionalism. 2. Civil society, law and the State. 3. The separation of powers. 4. The sources of law. 5. Interpretation. 6. The legislature. 7. The executive. 8. The judiciary. 9. Public administration. 10. Administrative discretion.

Special Part: 1 Historical overview of the evolution of public intervention in the economy: from the guardian State to the regulatory State. General aspects of the economic role played by public bodies in the age of globalisation and federalist or quasi-federalist structures of public power. 2. The fundamental principles on economic matters in the Italian Constitution and the EC Treaty. Constitutional freedom of enterprise. 3. The Single European Market, its organisation and tools for accomplishing it. The “four freedoms”, EU competition law and limitations on State aid to business. 4. The domestic market and national competition law. 5. Direct State intervention in the economy: the model of public enterprise. The public economic law tools at the time of Massimo Saverio Giannini and subsequent developments. 6. Public services. Concept and traditional regime. Regulation of thee single sectors: from national services to local services. The paradigm of universal service. 7. The phenomena of privatisation, liberalisation and regulation. Independent administrative authorities.

Assessment: oral exam

Professor: Montedoro

Textbooks: One of the following: P. Barile – E. Cheli – S. Grassi, Istituzioni di diritto pubblico, XIII edizione, Cedam, 2011; P. Caretti – U. De Siervo, Istituzioni di diritto pubblico, X edizione, Giappichelli editore, 2010; R. BIN – G. Pitruzzella, Diritto pubblico, IX edizione, Giappichelli editore, 2011 One of the following: S. Cassese, La nuova Costituzione economica, Laterza, Bari – Roma, ultima ed.; G. Di Gaspare, Diritto dell’economia e dinamiche istituzionali, Cedam, Padova, ultima ed.; G. Montedoro, Mercato e potere amministrativo, Editoriale scientifica, Napoli, 2010

35b E1–PEL35b-B: PUBLIC ECONOMIC LAW Spring semester; 48 lectures; 7 hrs per week; 6 credits

Theory of social groups. Social groups in the legal system. The structure of the legal system. Power and its types. The techniques for the division of power. The forms of exercise of power. Legal rule and order. Persons. Interests. Goods. Individual legal situations. Legal facts. Human behaviour. Legal effects. Liability. Levels of government (international, EU, national and local).

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Organisation of public power. Public functions (policy-making, law-making, administration and administration of justice). The Italian legal system and the principles regulating its political, legislative, administrative and judicial activities. Constitutional freedom of enterprise.

Other activities: seminars

Assessment: oral exam

Professor: Rossano

Textbooks: Rossano, Manuale di diritto pubblico, Jovene, Napoli, 2012; 35c E1–PEL35c-B: PUBLIC ECONOMIC LAW Spring semester; 70 lectures; 7 hrs per week; 6 credits

The initial part of the course concerns the Constitution (general principles, freedoms, organisation of the State) and EU treaties before then concentrating specifically on the economic issues that they raise (constitutional freedom of enterprise, federalism, EU and national budgets, monetary policy, EU policy, etc.). the second part of the course is dedicated to government intervention and public regulation of the economy, with special reference to the rules on independent authorities and supervision of the of the economic-financial system.

Other activities: seminars

Assessment: oral exam

Professor: Sepe M.

Textbooks: Rossano, Manuale di diritto pubblico, Jovene, Napoli, 2012. Pellegrini (a cura di), Elementi di diritto pubblico dell’Economia, 2012

36 E3-SMar36-B: SERVICE MARKETING Spring semester; 60 lectures; 7 hrs per week; 8 credits

- Services vs. products.

- Consumption behaviour in services.

- Value & selling proposition.

- Strategic segment.

- Brand management.

- Commercial business model.

- Delivery.

- Brand touch points.

- Operational road map.

- The Marketing Plan.

- Business case studies.

Other activities: guest speakers, practical work, case studies

Assessment: oral and written exam, written test during the semester

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Professors: Ibarra

Textbooks: Marketing Management (Kotler) Marketing dei Servizi (D. Gremler; A. Zeithaml; Bitner) Marketing Plans (Mc Donald) 37a/b/c/d E2-St37a/b/c/d-B: STATISTICS Fall semester; 70 lectures; 7 hrs per week; 8 credits

Theory

Statistics and distribution of frequencies. Graphic representations. Position and variability indices.

Experiments on casualness, events, postulates and theorems on probability. Conditioned probability and independent events.

Univariate and bivariate casual variables. Main families of casual variables. The central limit theorem.

Introduction to sampling. Point and interval estimates. Testing hypothesis. Simple linear regression models and correlation.

Practice

Application of theoretical methods to solve empirical problems of an economic and business nature.

Assessment: written exam

Professor: Cubadda, Biggeri, De Giovanni

Textbooks: A.C. Monti, Introduzione alla Statistica, ESI, 2008. 37a/b/c/d E2-St37a/b/c/d-B: STATISTICS Fall semester; 70 lectures; 7 hrs per week; 8 credits

1. Descriptive Statistics. Statistics and distribution of frequencies. Graphic representations. Position and variability indices.

2. Probability. Experiments on casualness, events, postulates and theorems on probability. Conditioned probability and independent events. Univariate and bivariate casual variables. Main families of casual variables. The central limit theorem.

3. Statistical inference. Introduction to sampling. Point and interval estimates. Testing hypothesis. Simple linear regression models and correlation. Association testing for categorical variables.

Assessment: written exam

Professor: Bini

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Textbooks: D.S. Moore, “Statistica di base”, Apogeo. 2005. Other material will be available online.

38 E2-TE38a-B: TAX ECONOMICS Fall semester; 70 lectures; 7 hrs per week; 8 credits, elective Structural aspects of the Italian tax system and comparison with those of the main EU Member States. The process of fiscal harmonisation. The taxation of labour: the tax wedge and labour costs. Effects of progressivity. The taxation of income from capital: effects on savings and the choices as to the form of business financing. The tax factor in investment decisions. The international mobility of capital. The dual income tax model. The taxation of consumption and its different economic effects compared to the taxation of income. Aspects of tax assessment policies: presumed minimum income as applicable to businesses and professionals.

Prerequisites: Mathematics

Other activities: practical work

Assessment: oral exam

Professor: Cremonese

Textbooks:

Economia Tributaria di Ernesto Longobardi II edizione edito da Mc Graw-Hill.

Ancillary didactic material will be given to students directly. Specific recommended readings will be assigned during the course.

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Economics and Business 1 E1-Acc1-EaB: ACCOUNTING Spring semester; 35 lectures; 3 hrs per week; 8 credits

- The main concepts of financial statement: balance sheet, income statement, statement of cash flow. The purposes and the users of financial statement. - The preparation of financial statement: double entry bookkeeping. - From net income to Cash Flow: Cash Flow statement preparation and interpretation - The GAAP: International Accounting Standards (IAS/IFRS) and their application: - The Framework - IAS 1, IAS 2, IAS 7, IAS 16, IAS, 38, IAS 36… - US GAAP versus IFRS

Other Activities:

Lectures and tutorials

Assessment: written and oral exam

Professor: Di Donato

Textbooks: J. J. Wild, McGraw-Hill Irwin, Financial Accounting Fundamentals, McGraw-Hill 2009 Edition. Some workbooks and readings. 2 E2-AStEc2-EaB: APPLIED STATISTICS AND ECONOMETRICS Spring semester; 35 lectures; 3 hrs per week; 8 credits Estimation and testing in linear model; instrumental variables and panel data are the main topics covered.

Other activities: Lectures and tutorials

Assessment: written and oral exam

Professor: Ragusa

Textbooks: Wooldridge, Jeffrey, Introductory Econometrics, South-Western College Pub; 3 edition (July 13, 2005), ISBN: 0324113641 3 E3-BO3-EaB: BUSINESS ORGANIZATION Fall semester; 35 lectures; 3 hrs per week; 8 credits Introduction to the course Organizational Theories The Actor Organization of work The structuring of organization

Assessment: class participation, oral exam during final exam session.

Professor: Torlò

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Textbook:

Daft, R., Organization Theory and Design, tenth edition, 2010. Additional readings will also be provided with lecture slides, handouts and other educational materials provided during the course and available on the course’s online learning platform. 4a E3-CF6a-EaB: CORPORATE FINANCE Spring semester; 65 lectures; 3 hrs per week; 8 credits Corporate Finance is intended to provide you with a sound understanding and appreciation of the principles of corporate finance. The course describes both the theory and practice of financial decision making by corporations, and shows how financial theory can be used to address practical problems and illuminate institutional aspects of the financial world. The course will emphasize the valuation of financial assets in a risk-return framework, and will help you understand how capital markets operate. Specific topics to be covered include the concept of net present value (NPV) and its application to capital budgeting investments, portfolio theory and the CAPM, market efficiency, debt policy (optimal capital structure), dividend policy, and the valuation of financial securities (e.g., common stock, debt, options). Additionally, some advanced topics in corporate finance, such as the notions of real options and their use in firm and corporate investment valuation, will be presented. In addition to the emphasis on financial content and analysis, you will be encouraged to (a) apply computer/software tools (e.g., solve problems using a computer package such as Excel) and (b) think in a wholistic/interdisciplinary fashion. In the process you should develop an ability and methodological skills enabling you to address a variety of complex real-world financial problems in your future professional or personal life. As you may discover, the world of finance can be quite exciting and rewarding.

Assessment: Mid-term Exam 20% oral + written Exam 60% class Participation 20%

Professor: Baldi

Textbooks: Thomas E. Copeland - J. Fred Weston - Kuldeep Shastri, Financial Theory and Corporate Policy, 4th Edition, The Addison-Wesley Series in Finance. 5 E2-EMAFI5-EaB: ECONOMICS, MARKETS AND FINANCIAL INTERMEDIARIES Spring semester; 65 lectures; 3 hrs per week; 8 credits Introduction to Financial Instruments and Securities Markets: The Role of Financial Assets and Financial Markets; Separation of Ownership and Management; The Role of Financial Institutions; Characteristics of Securities and Securities Markets. Reading: Bodie, Kane and Marcus, Chapters 1 to 3. Portfolio Theory: Risk and Return; Historical Risk and Return; Diversification; Portfolio Selection;

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TheMarket Portfolio; the CAPM and its Implications; Empirical Evaluation of the CAPM, The APT and Multi-factor Models; Definitions and Implications of Market Efficiency; Empirical Evaluation of Market Efficiency; Mutual Funds Performance and Market Efficiency. Reading: Bodie, Kane and Marcus, Chapters 5 to 8. Fixed Income Markets: Institutions and Characteristics; The Present Value; Bond Prices and Interest Rates; The Term Structure of Interest Rates; Theories of the Term Structure of Interest Rates; Risk and Bond Values. Reading: Bodie, Kane and Marcus, Chapters 10 and 11. Equity Markets: Characteristics; Dividends and Equity Valuation; Common Ratios; Investment and Growth Opportunities. Reading: Bodie, Kane and Marcus, Chapter 13. Derivative Markets: The Characteristics of Futures and Forward Contracts; Futures Markets; The Arbitrage Principle; Forward and Futures Prices; Characteristics of Options and Options Markets; Option Basic Relations; Strategies Involving Options; The Binomial Model and Risk-Neutral Valuation; Warrants and Convertibles. Reading: Bodie, Kane and Marcus, Chapters 15 to 17.

Other activities: practical work

Assessment: weekly evaluations of problem sets, assignments or case studies; written test

Professor: Vitale

Textbooks: Bode, Kane and Marcus, Essentials of Investment McGraw-Hill, 7th edition, 2008; Instructor's Lecture Notes. 5 E2-EMAFI5-EaB: ECONOMICS, MARKETS AND FINANCIAL INTERMEDIARIES Spring semester; 65 lectures; 3 hrs per week; 8 credits In depth analysis of interest rates; financial markets; role and actions of central banks; banking regulation; foreign exchange rates; management and hedging of risk.

Other activities: practical work

Assessment: Written exam

Professor: Borri

Textbooks: Mishkin, F.S., The Economics of Money, Banking, and Financial Markets, Addison Wesley latest edition.

6 E3-GaStr6-EaB: GAMES AND STRATEGIES Fall semester; 48 lectures; 3 hrs per week; 6 credits A survay of games in normal, extensive and coalitional forms.

Assessment: Written exam

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Professors: Dall’Aglio

Textbooks: LK Lecture notes in game Theory, available on line at : http://home.ku.edu.tr/~lkockesen/teaching/uggame/uggame_lect.htm Martin J. Osborne, An Introduction to Game Theory, Oxford University Press

7 E3-IS7-EaB: INFORMATION SYSTEMS Fall semester; 48 lectures; 3 hrs per week; 6 credits The course will be divided in two main parts: management of information systems operate and Web LAB. The latter part will be focused on Information systems plan and management, examining project management basic techniques, and the implications of ICT for organizations and processes (e.g. make or buy, software lifecycle, BPR, IS Sec).The Web LAB will deliver the ability to implement business ideas on the web via Rapid Application Development tools.

Assessment: 67% written exam; 33% lab test; optional project: contribution not exceeding 10/30 points

Professors: Me

Textbooks: Title:Information Systems fundamentals, By: Gianluigi Me and Paolo Spagnoletti Publisher: McGraw Hill Create Pub. Date: July, 2011 ISBN-13: 978-1121232853. Further readings will be available on the elearnig platform of the course. 8 E1-IBE8-EaB: INTRODUCTION TO BUSINESS ECONOMICS Fall semester; 75 lectures; 3 hrs per week; 8 credits

1) Introduction to business administration 2) Governance, strategy, business management and organization 3) Introduction to accounting 4) Introduction to the analysis of firms' performance

Assessment: written and oral exam

Professors: Tiscini

Textbooks: David Boddy, Management: an Introduction, Prentice Hall, 2005; Robert N. Anthony – Leslie K. Breitner, Essentials of Accounting, Prentice Hall, 2007; Five Slides set of the course. 9 E2-IO&CT9-EaB: IO & COMPETITION THEORY Fall semester; 70 lectures; 7 hrs per week; 8 credits Industrial Organization studies the interaction of firms and consumers in markets that are characterized by imperfect competition. We will explore the sources and consequences of

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market power. The course will cover topics in monopoly, price discrimination, static and dynamic oligopoly models, cartel behavior, product differentiation, and strategic entry deterrence. Each topic will be supplemented by case studies and problem sets.The open economy: output, the interest rate and exchange Monetary policy and fiscal policy: what policy can do to improve economic performance?

Assessment: written examination

Professors: Giardino-Karlinger

Textbooks: Jeffrey Church and Roger Ware: Industrial Organization: A Strategic Approach, McGraw Hill, 2000. I will focus on Chapters 2 - 15 The book can be downloaded from the author’s webpage: 10 E2-L&Ec10-EaB: LAW & ECONOMICS Spring semester; 70 lectures; 7 hrs per week; 8 credits Birth and evolution of law and economics; elements of microeconomics and decision theory; theories of justice (Posner, Rawls, Harsanyi, Sen, Gauthier, etc.); neoclassical economics; bounded rationality and rational ignorance; behavioral economics; law and economics of property; property rules v. liability rules; optional law; intellectual property protection and digital rights management; law and economics of contracts; consumer protection; abuse of economic dependence; tort law and economics; private enforcement and optimal deterrence; principles of regulatory impact analysis and cost-benefit analysis of legislation; nudging and new frontiers of behavioral law and economics; applications to financial services, IP, antitrust, telecommunications, climate change.

Assessment: written and oral examination

Professors: Renda

Textbooks: Compulsory: Cooter-Ulen, Law and Economics, Addison-Wesley Renda, A., Impact Assessment in the EU. The State of the Art and the Art of the State, CEPS; Brussels, 2006. Renda, A. Law and Economics in the RIA world, Intersentia, 2011. Further readings will be distributed by the teacher during the course. Optional readings will be suggested by the Teacher during the course. 11 E2-Mac11-EaB: MACROECONOMICS Fall semester; 70 lectures; 7 hrs per week; 8 credits Introduction- Defining the macroeconomics variables. The Short Run, the Medium Run and the Long Run PART I -The Short Run: The goods market, the financial markets and the IS-LM model. Fiscal and monetary policies in the short run. PART II – The Medium Run: The labour market and the natural rate of unemployment. The AS-AD model: inflation, production and money growth. Fiscal and monetary policies in the medium run PART III – The Long Run: Saving, capital accumulation and growth. The role of technological progress. The facts of growth: capital accumulation vs. technological progress PART IV – The open economy: The interest rate parity. The Mundell-Fleming model.

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PART V: Pathologies: The new great recession: the late-2000 economic and finacial crisis.The European sovereign debt crisis

Assessment: written examination

Professors: Vallanti

Textbooks: Blanchard, O. Giavazzi F & Ameghini A., Macroeconomics: A European Perspective, Prentice Hall ,(2011) David Findlay, Study Guide Macroeconomics, Pearson Prentice Hall, 5th edition, 2009

12 E2-Man12-EaB: MANAGEMENT Spring semester; 70 lectures; 7 hrs per week; 8 credits Introduction; The external forces; The internal forces; Business Strategies; Bunsiness MOdels and Blue Ocean Strategy; Network Strategies; Corporate Entrepreneurship; Organization Theory and Structure; Strategic Marketing; Innovation Management; Operations Management; Financial Management

Assessment: three intermediate works each accounting for 10%; 70% final exam

Professors: Dandi

Textbooks: Volberda et al, (2011) Management (Custom edtion by Prof. Boccardelli), 1st Edition, Cengage Learning. Slides and other course materials will be published on the website

13 E2-Mar13-EaB: MARKETING Spring semester; 70 lectures; 7 hrs per week; 8 credits 1. Marketing, the marketing concept and the marketing process; 2. Consumer Buying Behavior; 3. Marketing Strategy the marketing mix (product, price, distribution, communication) ; 4) Applications/exercises.

Assessment: 15% Class participation; 45% Group Projects; 40% Final Individual examination

Professors: Marcati

Textbooks: Armstrong, G., and Ph. Kotler, Marketing: An introduction, 9th edition, Pearson, 2009. 14 E1-Mat118-EaB: MATHEMATICS Fall and Spring semester; 70 lectures; 7 hrs per week; 12 credits Functions of one variable: limits, differentiation and integrals. Functions of several variables: limits and differentiation.

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Sequences and series. An introduction to linear algebra.

Other activities: practical work

Assessment: written exam

Professors: Dell’Aglio

Textbooks: AE = Robert A. Adams and Chrisopher Essex, Calculus, a complete course, 7th ed. Pearson. During the second semester the following book will also be used: Steven J. Leon, Linear Algebra with Applications, 8th ed., Pearson

15 E1-Mic15-EaB: MICROECONOMICS Spring semester; 70 lectures; 7 hrs per week; 8 credit Demand and supply analysis, consumer's choice theory, decisions under uncertainty, the theory of the firm, competitive equilibria, monopoly, imperfect competition, welfare analysis.

Other activities: lectures and exercise classes

Assessment: 35% Midterm Exam (This will be held in class on April 11); 55% Final Exam 10% Assignments

Professor: Reichlin

Textbooks: R. S. Pindyck, D. L. Rubinfeld, Microeconomics, Prentice Hall, 7th Edition (up to Chapter 12) 16 E1-PCL16-EaB: PRINCIPLES OF CIVIL LAW Fall semester; 70 lectures; 7 hrs per week; 8 credits The course offers an introduction to the Italian legal system and the other systems belonging to the so-called “Civil Law Family”, with special regard to private law issues. It aims to allow students to become familiar with the fundamental categories and principles of the said area of law in a European perspective, developing at the same time a proper knowledge of legal terminology, so as to enable participants to cope with an international context.

Assessment: oral exam

Professor: Tassone/Martuccelli

Textbooks: 1) G. Iudica e P. Zatti, Language and Rules of Italian Private Law: An Introduction, III ed., Cedam, 2010. 2) J.S. Lena and U. Mattei (eds.), Introduction to Italian Law, Kluwer, 2002. 3) Principles, Definitions and Model Rules of European Private Law - “Draft Common Frame of Reference” (DCFR), Final Outline Edition, February 2009, München, Sellier, 2009 (downloadable from the Internet) The chapters required for the exam will be indicated online Optional readings

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S. Beltramo, The Italian Civil Code, Oceana Publication, 2007-2008. F. De Franchis, Dizionario giuridico – Law dictionary, Vol. I e II, Giuffrè, Milano. 21 E1-PCL21-EaB: PRINCIPLES OF ECONOMICS Fall semester; 70 lectures; 7 hrs per week; 8 credits Introduction to economics - Comparative advantage - Supply and demand Competition and the invisible hand - Elasticity - Demand - Perfectly competitive supply - Efficiency and exchange - The invisible hand in action - Market imperfections (externalities and public goods) - Poverty and income disitribution - Macroeconomics: data and issues - Spending, income and GDP - Inflation and the price level - Wages and unemployment - The economy in the long-run - Economic growth - The economy in the short-run - Short-term economic fluctuations

Assessment: Written and oral exam

Professor: Tassone/Martuccelli

Textbooks: "Principles of Economics" by R. Frank and B. Bernanke. Fourth edition (2009). Mcgraw-Hill. 18 E1-St18-EaB: STATISTICS Spring semester; 70 lectures; 7 hrs per week; 10 credits Basic ideas in statistics: data collection, presentation, summary statistics and plots. Basic probability. Statistical models, and proabability based statistical inference: estimation and testing hypotheses.

Other activities: exercises, Excel program, quizzes

Assessment: 60% Weekly quizzes: 30% final written test 10% individual work executed during the course (e.g. assignments, paper writing, etc)

Professor: Rinott

Textbook: Sheldon M. Ross, Introductory Statistics (Hardcover), Academic Press, 3rd edition.

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▌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

Economics and Management

Year/Sem

Hours Assessment Credits

E1-AEPS1a/b/c/d-B

AUDITING, ETHICS AND PROFESSIONAL SKILLS 3/S 70 L oe 8

(Revisione, Capacità Etiche e Professionali)

Mechelli

E1-BA2a/b3/c/d-B

BANKING LAW 1/F 72 L oe 8

(Diritto bancario)

Pellegrini, Antonucci

E1-BA4a/b/c/d-B

BUSINESS ADMINISTRATION 1/F 72 L oe/we 8

(Economia aziendale)

Musaio (A), Fiori (B), Di Lazzaro (C), Tiscini (D)

E2-BL5a/b/c/d-B

BUSINESS LAW 2/S 72 L oe/we 8

(Diritto commerciale)

Farenga (A), De Angelis (B), Lener (C), Palmieri (D)

E1-CS7a/b/c/d-B

COMPUTER SCIENCE 1/F 48 L oe/we 6

(Abilità Informatiche)

Olivieri (A), Spagnoletti (B), Italiano (C), Za (D)

E2-BO6a/b/c/d-B

BUSINESS ORGANIZATION 2/S 60 L oe/we 8

(Organizzazione aziendale)

Albano, Decastri, Torlò

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Year/Sem

Hours Assessment Credits

E2-CF8a/b/c/d-B

CORPORATE FINANCE 2/F 60 L oe/we 8

(Finanza aziendale)

Cervellati (A), Spisni (B), Oriani (C), Milano (D)

E3-EGD9-B

ECONOMIC GROWHT AND DEVELOPMENT 3/F 60 L Oe/we 8

(Crescita e sviluppo economico)

Zeira, Di Vaio

E3-EH10-B

ECONOMIC HISTORY 3/F 60 L oe 8

(Storia economica)

Di Taranto

E3-EP11-B

ECONOMIC POLICY 3/F 60 L oe 8

(Politica economica)

De Santis

E3-FM16a/b/c//d-B

FINANCIAL MATHEMATICS 2/F 72 L oe/we 8

(Matematica Finanziaria)

Olivieri, De Angelis, Mottura, Foschini

E2-EM12a/b/c/d-B

ECONOMICS AND MANAGEMENT 2/F 72 L oe/we 8

(Matematica finanziaria)

Caroli, Pirolo

E2-EM13-B

ECONOMICS AND SERVICES OF PUBLIC UTILITY 3/S 7o L oe/we 8

(Economia e Servizi di Pubblica Utilità)

Mori

E2-EMFI14a/b/c/d-B

ECONOMICS OF MARKETS AND FINANCIAL INSTITUTIONS

2/S 70 L we 8

(Economia dei mercati e delle istituzioni finanziarie)

Comana, Cerri, Pallini, Curcio

E2-EIT15a/b/c/d-B

ENTREPRENEURSHIP AND INNOVATION TECHNOLOGY 3/S 70 L we 8

Lipparini

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E3-FR17-B

FINANCIAL REGULATION 3/F 70 L oe 8

(Regolazione Finanziaria)

Olivieri

E3-HTED18 -B

HISTORY AND THEORY OF ECONOMIC DEVELOPMENT 3/F 70 L oe 8

(Teoria e Storia dello Sviluppo Economico)

Olivieri, De Angelis, Mottura, Foschini

E3-HEB19 -B

HISTORY OF ECONOMIC AND BUSINESS 1/F 70 L oe 8

(Storia Economica e d’Impresa)

Di Taranto, Ferrandino, Farese, Strangio

E3-HET20 -B

HISTORY OF ECONOMIC THOUGHT 3/S 70 L oe 8

(Storia del Pensiero Economico)

Di Taranto

E3-HEBO21-B

HISTORY OF ENTERPRISE AND BUSINESS ORGANIZATION

3/S 70 L oe 8

(Storia d’Impresa e organizzazione Aziendale)

Lepore

E3-HROMO22-B

HUMAN RESOURCES ORGANIZATION AND MANAGEMENT

3/F 70 L oe 8

(Organizzazione e Management delle Risorse Umane)

Lepore

E3-HEBO23a/b/c/d-B

INDUSTRIAL ECONOMICS 3/S 70 L oe 8

(Economia Industriale)

Scognamiglio, Pasini, Martoccia

E3-IEF24-B

INTERNATIONAL ECONOMICS 3/F 70 L Oe/we 8

(Economia e finanza internazionale)

Manzocchi

E1-IPL25a/b/c/d-B

ITALIAN PRIVATE LAW 1/F 72 L oe 8

(Diritto privato)

Pardolesi (A), Conte (B), Di Ciommo (C), Di Gravio (D)

E1-IPE26a/b/c/d-B

INSTITUTIONS OF POLITICAL ECONOMY 1/F 70 L Oe/we 8

(Istituzioni di Politica Economica)

Spallone (A), Di Cagno (B), Panaccione (C)

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E1-LL27a/b/c/d-B

LABOR LAW 3/F 70 L Oe/we 8

(Diritto privato)

Campioni

E2-MEP28a/b/c/d-B

MACROECONOMICS AND ECONOMIC POLICY 2/F 60 L oe/we 12

(Economia e gestione delle imprese)

Pandimiglio (A), Nisticò (B), Giordani (C), Borri (D)

E2-Mar29a/b/c/d-B

MARKETING 2/F 60 L oe/we 8

(Economia e gestione delle imprese)

Peluso, Marcati

E1-Mat30a/b/c/d-B

MATHEMATICS 1/F 96 L oe/we 12

(Matematica)

Cacciafesta (A), Papi-Gozzi (B), Sbraglia (C), Scarlatti (D)

E1-MA31a/b/c/d-B

MERGERS AND ACQUISITION 3/S 70 L oe/we 8

Potito

E3-MCE32-B

MONETARY AND CREDIT ECONOMICS 3/S 77 L oe/we 10

(Economia e credito dei mercati monetari e)

Di Giorgio

E3-MB33-B

MONEY AND BANKING 3/S 70 L oe/we 8

Paesani

E1–PE34 -B

PROFESSIONAL ETHIC (Etica Professionale)

3/S 48 L

oe/we 6

Sangallo

E1–PEL35a/b/c/d-B

PUBLIC ECONOMIC LAW (Diritto Pubblico dell’Economia)

1/S 48 L

oe/we 6

Montedoro (A), Rossano (B), Sepe (C), Pellegrini (D)

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E3-SerMar36-B

SERVICE MARKETING 3/S 60 L oe/we 8

(Marketing dei servizi)

Ibarra

E2-St37a/b/c/d-B

STATISTICS 2/F 72 we 8

(Statistica)

Cubadda (A), Bini (B) , Biggeri(C) De Giovanni (D)

E2-TE38a/b/c/d-B

TAX ECONOMICS 2/F 72 L oe 8

(Economia dei tributi)

Cremonese

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Economics and Business

Year/Sem

Hours Assessment Credits

E1-Acc1-EaB

ACCOUNTING 1/S 60 L we/oe 8

Di Donato

E2-ASE2-EaB

APPLIED STATISTICS AND ECONOMETRICS 2/S 77 L we/oe 8

Ragusa

E3-BO3-EaB

BUSINESS ORGANIZATION 3/F 60 L we/oe 8

Andrea North-Samardzic

E3-CF4EaB

CORPORATE FINANCE 3/F 60 L we/oe 8

Baldi, Cervellati

E2-EMF5-EaB

ECONOMICS, MARKETS AND FINANCIAL INTERMEDIARIES

2/S 65 L we/oe 8

Vitale

E2-GaStra6-EaB

GAMES AND STRATEGIES 2/F 60 L we 6

Dell’Aglio

E3-IS7-EaB

INFORMATION SYSTEMS 2/F 48 L oe 6

Me

E1-IBE8-EaB

INTRODUCTION TO BUSINESS ECONOMICS 2/F 60 L we/oe 8

Tiscini

E2-IO&CT9-EaB

IO & COMPETITION THEORY 2/F 60 L we 8

Karlinger

E2-L&E10-EaB

LAW & ECONOMICS 2/S 72 L we 8

Renda

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E2-Mac11-EaB

MACROECONOMICS 2/F 72 L we 8

Vallanti

E2-Man12-EaB

MANAGEMENT 1/S 60 L oe 8

Boccardelli

E2-Mar13-EaB

MARKETING 3/S 60 L we 8

Marcati

E1-Mat114-EaB

MATHEMATICS 1/F 77 L we 10

Dell’Aglio

E1-Mic15-EaB

MICROECONOMICS 1/S 60 L we 8

Reichlin

E1-PCL16-EaB

PRINCIPLES OF CIVIL LAW 1/F 60 L oe 8

Tassone

E1-PCL17-EaB

PRINCIPLES OF ECONOMICS 1/F 70 L Oe/we 8

Tassone

E1-St18-EaB

STATISTICS S 77 L we 10

Rinott

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Elective courses

Semester

Hours Assessment Credits

E3-APC2-B

ASSET PRICING AND COMMODITIES F 60 L we 8

D’Ecclesia

E3-MarStr17-B

MARKETS AND STRATEGIES S 60 L we 8

Devetag

NB: Should the description of a given course not be available at the time of publication of this brochure and therefore not be included herein, it will be published on the university website in the "cattedre online" section, which students are accordingly advised to check from time to time.

E3-EGD10-B

ECONOMIC GROWTH AND DEVELOPMENT S 60 L we 8

Zamparelli, Di Vaio

E3-PsEc36-B

PSYCHOLOGY AND ECONOMICS S 60 L oe 8

(Psicologia ed economia)

Castelfranchi

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▌PREREQUISITES (PROPEDEUTICITA’) Economics and Management

PREREQUISITES

E1-Acc1a/b/c/d-B ACCOUNTING (Contabilità e Bilancio)

BUSINESS ADMINISTRATION

E3-BL4-B BANKING LAW (Diritto bancario)

ITALIAN PRIVATE LAW

E2-BL6a/b/c/d-B BUSINESS LAW (Diritto commerciale)

ITALIAN PRIVATE LAW

E2-CF11a/b/c/d-B CORPORATE FINANCE (Finanza aziendale)

ACCOUNTING

E3-EP15–B ECONOMIC POLICY (Politica economica)

MICROECONOMICS MACROECONOMICS

E2-FM16a/b/c/d-B FINANCIAL MATHEMATICS (Matematica finanziaria)

MATHEMATICS

E3-IE21a/b/c/d-B INDUSTRIAL ECONOMICS (Economia industriale)

MICROECONOMICS

E3-IE24-B INTERNATIONAL ECONOMICS (Economia Internazionale)

MACROECONOMICS

E2-PF42a/b/c/d-B PUBLIC FINANCE (Scienza delle finanze)

MACROECONOMICS MICROECONOMICS

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Economics and Business

PREREQUISITES

ECONOMETRICS

STATISTICS

GAMES AND STRATEGIES

MATHEMATICS 1

MACROECONOMICS

MICROECONOMICS

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▌GENERAL COURSE STRUCTURE

MASTER’S DEGREE COURSES DEPARTMENT OF BUSINESS AND MANAGEMENT:

Economics and Business Management

Management

Marketing

Business Finance

General Management (in English)

International Business

Finance

Management of Innovation

Luxury and Fashion

E-Business and Management of Information Systems (first year only)

Management of Tourism and Cultural Goods

Law and economics

Law and Economics

Industrial Economics and Regulated

NB: The Economics and Markets degree course will not be held in the 2013-2014 academic year and will be replaced by the Business Consulting degree course.

The file, available online, gives details of the course programme for the second year: 2012-13.

The programme for the Business Consulting degree course is still being finalised. For updates and changes please refer to the relevant webpage online.

Business Consulting

Professional Consulting

Management Organizational Consulting

Regulated Sectors Economic Consulting

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DEPARTMENT OF ECONOMICS AND FINANCE:

Economics and Finance

Banks and Financial Intermediaries

Financial Economics (in English)

Please note that Master’s 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

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Economics and Business Management

FIRST YEAR

Common to all majors

Fall semester Credits

BUSINESS ECONOMICS (ADVANCED) 8

Economia dell’Impresa (corso progredito)

QUANTITATIVE METHODS 8

Metodi quantitativi per l’economia e il management

COMPANY LAW 8

Diritto Societario

MANAGEMENT CONTROL 8

Controllo di Gestione Avanzato

Spring semester Credits

GLOBAL MACROECONOMIC OUTLOOK 8

Prospettive Macroeconomiche Globali

ECONOMICS AND INTERNATIONAL ENTERPRISES MANAGEMENT

8

Economia e gestione delle imprese internazionali

BUSINESS STRATEGIES 8

Strategie di impresa

MARKETING POLICY 8

Politiche di Marketing

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Learning Activities Credits

OTHER ACTIVITIES (INTERNISHIPS, FOREIGN LANGUAGE…) 4

Altre attività (tirocini, lingua straniera…)

FINAL EXAM 20

Prova Finale

ELECTIVE COURSE (1 in Italian, 1 in English) 16

Esame a Scelta (1 in italiano, 1 in inglese)

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SECOND YEAR

Management

Fall semester Credits

ECONOMICS AND MANAGEMENT OF INNOVATION 8

Economia e Gestione dell’Innovazione

ADVANCED BUSINESS MANAGEMENT 8

Organizzazione Aziendale Avanzato

Learning Activities Credits

OTHER ACTIVITIES (INTERNISHIPS, FOREIGN LANGUAGE…) 4

Altre attività (tirocini, lingua straniera…)

FINAL EXAM 20

Prova finale

ELECTIVE COURSE 8

Esame a Scelta

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SECOND YEAR

Marketing Fall semester Credits

TERRITORIAL MARKETING 8

Marketing Territoriale

STATISTICS AND MARKET RESEARCH 8

Statistiche e richerche di mercato

Learning Activities Credits

OTHER ACTIVITIES (INTERNISHIPS, FOREIGN LANGUAGE…) 4

Altre attività (tirocini, lingua straniera…)

FINAL EXAM 20

Prova finale

ELECTIVE COURSE 8

Esame a Scelta

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SECOND YEAR

Business Finance

Fall semester Credits

ECONOMICS AND CREDIT INSTITUTIONS 8

Economia delle aziende di credito

CORPORATE FINANCE (ADVANCED) 8

Finanza Aziendale Avanzato

Learning Activities Credits

OTHER ACTIVITIES (INTERNISHIPS, FOREIGN LANGUAGE…) 4

Altre attività (tirocini, lingua straniera…)

FINAL EXAM 20

Prova finale

ELECTIVE COURSE 8

Esame a Scelta

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General Management

FIRST YEAR

General Management Fall semester Credits

DATA ANALYSIS AND QUANTITATIVE METHODS 6

PERFORMANCE MEASUREMENT AND FINANCIAL REPORTING

8

COMPANY AND BUSINESS LAW 6

GLOBAL ECONOMIC CHALLENGES 12

Spring semester Credits

ADVANCED CORPORATE FINANCE 8

MARKETING MANAGEMENT 8

CORPORATE STRATEGIES 8

BUSINESS ORGANIZATION AND HUMAN RESOURCES 8

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SECOND YEAR

International Business Fall semester Credits

INTERNATIONAL TRADE AND COMMERCIAL POLICIES 8

INTERNATIONAL MARKETING

INTERNATIONAL BUSINESS 8

Learning Activities Credits

OTHER ACTIVITIES (INTERNISHIPS, FOREIGN LANGUAGE…) 4

MASTER THESIS 20

OPTIONAL EXAM 8

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SECOND YEAR

Finance

Fall semester Credits

ASSET MANAGEMENT 8

M&A INVESTIMENT BANKING

INTERNATIONAL FINANCE 8

Learning Activities Credits

OTHER ACTIVITIES (INTERNISHIPS, FOREIGN LANGUAGE…) 4

MASTER THESIS 20

OPTIONAL EXAM 8

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SECOND YEAR

Luxury and Fashion

Fall semester Credits

LUXURY MANAGEMENT 8

FASHION MANAGEMENT

DISTRIBUTION AND SALES 8

Learning Activities Credits

OTHER ACTIVITIES (INTERNISHIPS, FOREIGN LANGUAGE…) 4

MASTER THESIS 20

OPTIONAL EXAM 8

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SECOND YEAR

Management of innovation Fall semester Credits

ECONOMICS AND MANAGEMENT OF INNOVATION 8

COMPETITION AND HIGH-TECH MARKETS 8

INTELLECTUAL PROPERTY RIGHTS AND TECHNOLOGY TRANSFER

8

Learning Activities Credits

OTHER ACTIVITIES (INTERNISHIPS, FOREIGN LANGUAGE…) 4

MASTER THESIS 20

OPTIONAL EXAM 8

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SECOND YEAR

E-Business and Management of Information Systems

Fall semester Credits

BUSINESS INFORMATION SYSTEMS 8

E-BUSINESS ORGANIZATION 8

INFORMATION TECHNOLOGY MANAGEMENT 8

Learning Activities Credits

OTHER ACTIVITIES (INTERNISHIPS, FOREIGN LANGUAGE…) 4

MASTER THESIS 20

OPTIONAL EXAM 8

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SECOND YEAR

Management of Tourism and Cultural Goods

Fall semester Credits

ECONOMICS AND MANAGEMENT OF CULTURAL GOODS 8

TOURISM MANAGEMENT 8

PROMOTION, FUND RAISING AND EVENTS MANAGEMENT 8

Learning Activities Credits

OTHER ACTIVITIES (INTERNISHIPS, FOREIGN LANGUAGE…) 4

MASTER THESIS 20

OPTIONAL EXAM 8

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Law and economics Business Cosulting

NB: The Economics and Markets degree course will not be held in the 2013-2014 academic year and will be replaced by the Business Consulting degree course.

The file, available online, gives details of the course programme for the second year: 2012-13.

The programme for the Business Consulting degree course is still being finalised. For updates and changes please refer to the relevant webpage online.

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FIRST YEAR

Common to all Majors

Fall semester Credits

GLOBAL MACROECONOMIC PROSPECTS 6

Prospettive Macroeconomiche Globali

BUSINESS ECONOMICS

Economia Dell’Impresa 6

COMPANY LAW 8

Diritto Societario

FINANCIAL MATHEMATICS (ADVANCED COURSE) 8

Matematica finanziaria c.p.

Spring semester Credits

ADVANCED MANAGEMENT CONTROLS 12

Controllo di Gestione avanzato

ADVANCED BUSINESS ORGANISATION 9

Organizzazione aziendale avanzato

AUDITING 7

Revisione Aziendale

CORPORATE GOVERNANCE AND INTERNAL AUDITING 8

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SECOND YEAR

Professional Consulting

Fall semester Credits

TAX LAW 8

Diritto Tributario

AUDITING, ETHICS AND PROFESSIONAL SKILLS 8

Revisione, Deontologia e Tecnica professionale

Learning Activities Credits

OTHER ACTIVITIES (INTERNISHIPS, FOREIGN LANGUAGE…) 4

MASTER THESIS 20

2 OPTIONAL EXAM (1 in English, 1 in Italian) 16

2 esami a scelta (1 in Inglese, 1 in Italiano)

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SECOND YEAR

Management Consulting Fall semester Credits

STRATEGIC CONSULTING 8

Consulenza Strategica

ANALYSIS AND ASSESSMENT OF BUSINESS STRATEGY AND THE PUBLIC SECTOR

8

Analisi e Valutazione delle strategie di impresa e del settore pubblico

Learning Activities Credits

OTHER ACTIVITIES (INTERNISHIPS, FOREIGN LANGUAGE…) 4

MASTER THESIS 20

2 OPTIONAL EXAM (1 in English, 1 in Italian) 16

2 esami a scelta (1 in Inglese, 1 in Italiano)

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SECOND YEAR

Regulated Sectors Economic Consulting

Fall semester Credits

ECONOMICS AND DYNAMICS OF THE PUBLIC SECTOR 8

Analisi Economica della Regolamentazione

ECONOMIC ANALYSIS OF REGULATION 8

Economia e Dinamica dei settori produttivi

Learning Activities Credits

OTHER ACTIVITIES (INTERNISHIPS, FOREIGN LANGUAGE…) 4

MASTER THESIS 20

2 OPTIONAL EXAM (1 in English, 1 in Italian) 16

2 esami a scelta (1 in Inglese, 1 in Italiano)

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Economics and Finance

FIRST YEAR

Economics and Finance

Fall semester Credits

INTERNATIONAL ACCOUNTING STANDARDS AND IFRS 8

Principi contabili internazionali e IFRS

ECONOMICS AND THE SECURITIES MARKET 8

Economia del Mercato Mobiliare

MATHEMATICAL METHODS FOR ECONOMICS AND FINANCE 8

Metodi Matematici per Economia e Finanza

PROBABILITY 8

Probabilità

Spring semester Credits

MONETARY THEORY AND POLICY 8

Teoria e Politica Monetaria

ECONOMICS OF UNCERTAINTY AND INFORMATION 8

Economia dell’Incertezza e dell’informazione

ECONOMICS AND MANAGEMENT OF FINANCIAL INTERMEDIARIES (advanced)

8

Economia e Gestione degli Intermediari finanziari (c.p.)

CORPORATE FINANCE ADVANCED 8

Finanza aziendale avanzato

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Learning Activities Credits

OTHER ACTIVITIES (INTERNISHIPS, FOREIGN LANGUAGE…) 4

Altre attività (tirocini, lingua straniera…)

FINAL EXAM 20

Prova Finale

ELECTIVE COURSE 16

Esame a Scelta

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FIRST YEAR

Financial Economics (in English) Fall semester Credits

MICROECONOMICS ANALYSIS (MOSEC) 8

ECONOMETRICS THEORY (MOSEC) 8

MATHEMATICAL METHODS FOR ECONOMICS AND FINANCE (MOSEC)

8

MACROECONOMIC ANALYSIS 8

Spring semester Credits

ADVANCED MACROECONOMICS (MOSEC) 8

ADVANCED ECONOMETRICS (MOSEC) 8

ADVANCED MICROECONOMICS (MOSEC) 8

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Learning Activities Credits

OTHER ACTIVITIES (INTERNISHIPS, FOREIGN LANGUAGE…) 4

Altre attività (tirocini, lingua straniera…)

FINAL EXAM 20

Prova finale

ELECTIVE COURSE 16

Esame a Scelta

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SECOND YEAR

Economics and Finance

Fall semester Credits

TIME SERIES AND FINANCIAL ECONOMICS 8

Serie storiche ed economia finanziaria

ECONOMICS, MARKETS AND FINANCIAL INTERMEDIARIES (a.c)

8

Economia dei Mercati e degli Intermediari Finanziari (c.p.)

Learning Activities Credits

OTHER ACTIVITIES (internships, foreign langauge…) 4

Altre Attività (tirocini, lingua straniera…)

ELECTIVE COURSE 16

Esame a Scelta

FINAL EXAM 20

Prova finale

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Elective Courses Economics and Management

COURSE

CREDITS SEMESTER PROFESSOR

BEHAVIOURAL ECONOMICS

8 F Giacomo Sillari

ECONOMICS AND MANAGEMENT OF ENERGY BUSINESS

8 F Simone Mori

PLANNING AND CONTROL

8 F Giulio Antonio Carone

TOURISM MANAGEMENT

8 F Fabio Daniele Lazzerini

The elective courses need to be chosen by a minimum number of students defined by Academic Institution.

Student may also select the following courses taught in English provided that their contents are different from those in their study plan as well as any other courses included in other programmes of the Department (bearing in mind that it will not always be possible to avoid conflicts between lecture times).

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Economics and Finance

Elective courses:

COURSE

CREDITS SEMESTER PROFESSOR

EQUITY MARKETS AND ALTERNATIVE INVESTMENTS

8 F Saverio Massi Benedetti / Antonio Fasano

FIXED INCOME, CREDIT AND COMMODITIES

8 F Alberto Cybo-Ottone

INTERNATIONAL FINANCE

8 F Pierpaolo Benigno

INTERNATIONAL TRADE AND COMMERCIAL POLICIES

8 F Stefano Manzocchi

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▌DESCRIPTION OF COURSES (Alphabetical Order) Master Courses General Management

1 E1-ACF1-GM: ADVANCED CORPORATE FINANCE 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: case studies and papers

Assessment: written test, optional oral exam

Professor: Oriani

Textbooks: Berk J., DeMarzo P., Corporate Finance, Pearson International Education, 2007. 2 E2-AM2-GM: ASSET MANAGEMENT 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: written exam

Professor: Micillo

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Textbooks: Brown & Reilly, Investment Analysis and Portfolio Management, International edition (2005) (required); Litterman et al., Modern Investment Management: An Equilibrium Approach (2003) (recommended). A detailed syllabus will be distributed in class. 3 E1-BOHR3-GM: BUSINESS ORGANIZATION AND HUMAN RESOURCES Fall semester; 70 lectures; 7 hrs per week; 8 credits

The course consists of two specific, although very related, parts: Organization design and human resource management. These two fields of the organization science will be explored in their impact on the general process of strategy implementation, and in this perspective the course will balance aspects related to organization design with policies and practice related to human resource management. It will focus on specific areas in the field, presenting concepts, recent articles, and case studies to illuminate current thinking about the organization design and the management of human resources.

Part 1 (Organization Design): 1. Organization and organization theory (recalls) 2. Organization design and human resource management 3. The external environment 4. Fundamentals on organization structure (organization design) 5. Analyzing work and design jobs 6. Inter-organizational relationships 7. Designing organizations for the international environment 8. Networked Organizations 9. Informal Networks 10. Corporate Culture and Values Part 2 (Human Resource Management): 1. Planning and recruiting human resources 2. Selecting employees and placing them in jobs 3. Managing employees’ performance 4. Developing employees for future success 5. Establishing a pay structure 6. Separating and retaining employees 7. Recognizing Employee Contributions with Pay 8. Providing Employee Benefits 9. Managing Human Resources Globally 10. Creating and maintaining high-performance organizations Reference BooksR. L. Daft, Understanding the Theory and Design of Organizations (international edition), 10th ed. South-Western, Division of Thomson Learning, 2009 (ISBN 9780324598889) (all chapters). R.A. Noe, J.R. Hollenback, B. Gerhart, and P.M. Wright, Fundamentals on Human Resources Management (Global Edition), 4th edition, McGraw-Hill-Irwin, 2011 (Chapters: 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 15, 16) (ISBN: 0071221069; ISBN-13: 9780071221061).

Assessment: written test 50 % (final exam) oral exam 40 % (replaceable with team work and 5

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take-aways) individual work executed during the course (take-aways) 5 % team work executed during the course) 35 %

Professor: Giustiniano

Textbook: G. R. Jones, Organizational Theory, Design, and Change, 6/E, Prentice Hall, 2010 (ISBN-10: 0136087310; ISBN-13: 9780136087311) or equivalent. 4 E1-CBL4-GM: COMPANY AND BUSINESS LAW Fall semester; 48 lectures; 7 hrs per week; 8 credits The course will deal with main legal characteristics of listed companies across the following jurisdictions: USA, United Kingdom, Italy and Germany. After a general introduction on distinction between partnerships and corporations, legal characteristics common to public companies worldwide (including how to set up a company), main features of common law vs. civil law jurisdictions, ownership structure of financial systems (insider vs. outsider financial systems), the lectures will deal with the following topics for each jurisdiction: Ownership structure – Allocation of powers between shareholder meeting and board of directors – Directors’ duties and liabilities – Shareholder litigation. For each jurisdiction most relevant case law will be examined and discussed in class as well as various companies’ bylaws.

Professor: Bruno

Textbooks: Bruno S. – Ruggiero E. (edited), AA.VV., Public companies and the Role of Shareholders. National Models towards Global Integration, Kluwer, 2011. Additional materials to be published on the course web site. 5 E1-CorStr5-GM: CORPORATE STRATEGIES Fall semester; 70 lectures; 7 hrs per week; 8 credits This course addresses the topic of strategy at the corporate or group level. It examines the main issues involved in corporate strategy, including: 1. Portfolio composition: what businesses should be brought together within the company? For each business, how much of the value chain should the company participate in? 2. Portfolio change: how should the company add/divest businesses through partnerships/acquisitions/internal development? 3. Organization: How should the company be organizationally structured, to leverage synergies across businesses? What sorts of things can and should the parent do, and how should these tasks be split between different levels or groups of corporate management?

Other Activities: lectures, seminars, business cases and simulation

Assessment: 1-PAGE CASE ANALYSIS - 1 : 10 1-PAGE CASE ANALYSIS - 2: 10 EXAM : 10 Total Points : 30

Professor: Priem

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Textbooks: Ketchen & Short, Mastering Strategic Management (2012) 6 E1-DAQM6-GM: DATA ANALYSIS AND QUANTITATIVE METHODS Fall semester; 48 lectures; 3 hrs per week; 6 credits Basics of data analysis and statistical techniques for visualization, synthesis and interpretation of data.

Other Activities: lectures, homework, exercises, tests, textbook reading

Assessment: written exam

Professor: Scalia Tomba

Textbooks:

Berenson, Levine and Krehbiel, Basic Business Statistics concepts and applications, Prentice

Hall. 7 E1-DAQM7-GM: DISTRIBUTION AND SALES Fall semester; 48 lectures; 3 hrs per week; 6 credits

Retailing, in particular luxury retailing, has changed significantly over the past few years. A variety of trends have converged to create a situation in which retail strategies are arguably the dominant influence on luxury brand development. Nowadays, most of the luxury companies must be able to professionally manage a mono-brand retail channel if they want to improve sales and more effectively communicate the brand image. The luxury store is the place where customers can buy branded products but also live the brand experience. Luxury retail is a specialization which differs in many ways from general retail management and concerns concepts which continuously evolve along with luxury customers’ buying behavior. Retail managers have to implement long-term strategies and at the same time deal with competition issues on a day-to-day basis. Retail marketing activities are based on strategic plans and detailed operations and many decisions are taken with regard to merchandising, business analysis, sales processes, sales force management, in-store communication and a host of other challenging aspects. Distribution is crucial in the luxury sector and retail marketing competencies are necessary to be successful in store management. In the last decade, it has become increasingly harder to reach and influence consumers because they make most of their product purchase decisions in-store. As a result, retail marketing has emerged as a key element for marketing mix implementation and brand positioning control. For retail managers the customer experience is becoming a very important asset to develop. In line with these developments, the program will enable students to learn how retail elements support marketing and branding strategies. The course focuses on a broad theoretical framework as well as the tools which are fundamental to luxury retail management. Participants will understand the luxury retail landscape and also learn about key retail marketing issues and instruments. Particular emphasis will be placed on effective retail operations management with a strategic approach.

Other Activities: lectures, homework, exercises, tests, textbook reading

Assessment: • Team work (Word document + PowerPoint presentation): 40% • Written test: 40% • Class participation: 10% • Attendance: 10%

Professor: Amatulli

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Textbooks: Berman, B. and Evans, J. (2009). Retail Management: A Strategic Approach (international 11th Ed.). Upper Saddle River, New Jersey: Prentice Hall. Classes are a combination of lectures based on the recent literature, case studies, exercises, and presentations by managers from the luxury industry invited as guest speakers. Potential guest speakers may come from the following companies: Boston Consulting Group (consulting company), Malo (luxury clothing), Santandrea (luxury real estate), Sergio Rossi (luxury fashion accessories), Zagliani S.p.A. (luxury fashion accessories company). 8 E1-EMInn8-GM: ECONOMICS AND MANAGEMENT OF INNOVATION Fall semester; 48 lectures; 3 hrs per week; 8 credits The course will cover the following topics: Definition of knowledge Technological paradigm and innovation system Types of innovation Technological Standard Innovation and organizational change Markets for technology Open innovation Network Innovation Knowledge integration Openness: advantage – disadvantage Opening Innovation to new actors Innovation strategy Exploration & Exploitation Innovative organization Innovation & teams Globalization: Innovation in the R&D subsidiaries New trends in Innovation: Social innovation

Other Activities: lectures, homework, exercises, tests, textbook reading

Assessment: Written Test, team work

Professor: Rullani

Textbooks: Mark Dodgson, David M. Gann, Ammon Salter (2008), The Management of Technological Innovation: Strategy and Practice, Oxford University Press.

9 E2-FM9-GM: FASHION MANAGEMENT Fall semester; 70 lectures; 7 hrs per week; 8 credits

Fashion and Luxury successful brands stand for many different things in the minds of customers and they all succeed in generating consumer interest, advocacy, even passion and, above all, value for the companies. This course focuses on strategic and creative management of Brand, Retail, Customer Experience: 3 related essential and strategic tools in the luxury/fashion business. BRAND Brand as the most tangible of intangible assets: in the Luxury/Fashion Business they share

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between 30 to 80% of the total Company value. Where is the value? Which are the main contributing factors in the Brand valuation? How to maintain and increase the value of this fundamental asset? Brand values as the Company commandments. The Brand Identity Model. RETAIL Retail strategy: different options for different objectives. An overview of different retail models in the luxury/Fashion market. Retail Management, Retailing indices. Retail as a communication tool. Retail innovation. CUSTOMER EXPERIENCE Customer Experience Management (beyond customer satisfaction): From Traditional Marketing to Experiential Marketing, Emotion as main human behavioral driver. Measuring the Customer Experience: the Customer Experience Audit (providing outdoor training and activities). Building the Customer Experience in all the touch-points Brand/Customer. How to build and manage it related to Fashion Companies, Maintain and enhance the Customer Experience through Benchmarking the Customer Experience with the “Out of the Box approach” to maintain an always innovative and surprising Customer Experience. THE FASHION MARKET The Fashion Pipeline Fashion seasons and turnover Trends: how trends start Style: creativity and inspiration as fundamental elements in the fashion business Fashion Companies Organization and functions: who does what in a fashion company. Communication: from the product oriented to the lifestyle oriented communication in the Fashion/Luxury industry Consumer Behavior: why people buy things they don’t need? Sustainability and CSR in the Fashion business

Assessment: participation, presentations, written exam

Professor: Fei

Textbooks: MANDATORY BOOK Stefania Saviolo Erica Corbellini Managing Fashion and Luxury Companies ETAS ©2009 Other Suggested Books (if you really loved the matter here’s a way to deepen it): Bernd Schmitt Customer Experience Management New York Free Press ©2003 Mark Tungate Fashion Brands: branding style from Armani to Zara KOGAN PAGE © 2005-2008 Tony Hines Margaret Bruce Fashion Marketing ELSEVIER LTD © 2007 G. Zaltman How Customers Think: Essential Insights into the Mind of the Market Harvard Business Press ©2003

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Shaun Smith Managing The Customer Experience Turning customers into advocates FT Prentice Hall ©2002

10 E1-GEC10-GM: GLOBAL ECONOMIC CHALLENGES Fall semester; 96 lectures; 7 hrs per week; 12 credits Topics in open economy macroeconomics. Presentation of theoretical models and analysis of empirical data. Discussion of case studies, like global imbalances, sovereign debt crises, globalization of the world economy, emerging markets, and environmental issues.

Other Activities: case studies and papers

Assessment: Written exam

Professor: Di Vaio

Textbooks: The course will be based on class presentations and materials that can be found in one of the following textbooks: 1) Krugman P.R., Obstfeld M., and Melitz M.J., International Economics: Theory & Policy, Addison-Wesley, 2012; 2) Feenstra R.C. and Taylor A., International Macroeconomics, Worth Publishers, 2012. A useful reading is: Schmitt-Grohé S. and Uribe M., International Macroeconomics, Manuscript, 2012 (available at http://www.columbia.edu/~mu2166/UIM/notes.pdf). 11 E2-IPRTT11-GM: INTELLECTUAL PROPRERTY RIGHTS AND TECHNOLOGY TRANSFER Fall semester; 70 lectures; 7 hrs per week; 8 credits The course deals with intellectual property rights (particularly patents) as legal tools as well as leverages managers have over intangible resources of the firm. How companies are able to gain and retain a competitive advantage through the management of R&D’s results is explained. An economic explanation for the existence of intellectual property rights and an overview of types are also provided. Furthermore, the course will focus on quasi-vertical inter-firm arrangements for the use of intellectual property rights, such as licensing and cross-licensing and other forms of exploitation.

Professor: Granieri

Assessment: written exam

Textbooks: Massimiliano Granieri, Intellectual Property for Managers, forthcoming 2012 (with Amazon, also available for iPad and other e-readers) Further readings on specific topics will be provided.

12 E2-IB12-GM: INTERNATIONAL BUSINESS Fall semester; 70 lectures; 7 hrs per week; 8 credits

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The course will consist of a series of modules, each devoted to a specific theme. These will move through such topics as basic strategic analysis frameworks (e.g. competitive forces; resource-based view; national competitive advantage); through actual strategies employed by firms (accelerated internationalization; latecomer strategy); and through current topics in International Business (e.g. business process outsourcing; manufacturing outsourcing; global value chain formation; network creation). In each module, a case will be set, and some readings on the topic drawn from the literature. The case will either be presented by a student group, or will be subject to a class discussion. In each module the course presenter will also provide an overview of the topic. The course will culminate in the presentation of projects completed by the student groups, that explore the themes of the course in relation to some specific industry. In 2010, the special topic for such presentations will be the rise of the BICs – namely the impact of China, India and Brazil on the global economy.

Professor: Mathews

Assessment: - written test 25 % - oral exam 25% - individual work executed during the course (e.g. assignments, paper writing, etc) 25% - team work executed during the course 25%

Textbooks: • Hill, Charles W. International Business. McGraw-Hill. 7th Edition. 2009. • “The Global Competitiveness Report” - World Economic Forum” • “Doing Business Report 2010″ - World Bank Group • Andersson, U., Forsgren, M. Holm, U. (2002). The Strategic Impact of External Networks: Subsidiary Performance and Competence Development in the Multinational Corporation. Strategic Management Journal, 23: 979-996. • Andersson, U., Forsgren, M., Holm. U., (2007). Balancing subsidiary influence in the federative MNC: a business network view. Journal of International Business Studies 38: 802-818. • Slides and other course materials will be published on the website

13 E2-IF13-GM: INTERNATIONAL FINANCE Fall semester; 70 lectures; 7 hrs per week; 8 credits Program Currency Markets: The Spot Market (S): Chapter 3 ·Bank for International Settlements (2007), Triennial Central Bank Survey of Foreign Exchange and Derivatives Market Activity. ·Galati, G. and M. Melvin (2004), “Why has FX trading surged? Explaining the 2004 triennial survey” BIS Quarterly Review, December 2004. ·Federal Reserve Bank of New York (2010), Triennial Central Bank Survey of Foreign Exchange and Derivatives Market Activity. The Forward Market Law of one Price, Covered Interest Rate Parity (S): Chapter 4 Arbitrage, Hedging and Speculation

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(S): Chapter 5 ·Galati, G., Heath, A., McGuire, P. (2007), “Evidence of Carry Trade,” BIS Quarterly Review, September 2007. Currency Futures Futures versus Forward contracts. Hedging (S): Chapter 6 Currency Swaps (S): Chapter 7 Currency Options Arbitrage, Hedging and Speculation (S): Chapter 8. Hedging and Valuation (S): Chapter 9. Exchange Rate Risk (S): Chapter 10. (S): Chapter 11. Long-Term International Funding (S): Chapter 19. (S): Chapter 21. Country Risk Class Notes.

Assessment: written exam

Professor: Benigno

Textbooks: Sercu, Piet (2008) International Finance: Theory into Practice, Princeton University Press. (S) There is a course’s web page available at http://docenti.luiss.it/benigno/ which contains updated information on the syllabus and course’s materials. 14 E2-IM14-GM: INTERNATIONAL MARKETING 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: written and oral test

Professor: Quintano

Textbook: Czinkota M.R., Ronkainen I.A., “International Marketing”, Harcourt College Publisher

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Selected readings 15 E2-ITCP15-GM: INTERNATIONAL TRADE AND COMMERCIAL POLICIES Fall semester; 70 lectures; 7 hrs per week; 8 credits The focus will be on the role of technology, factor endowments, economies of scale, demand and transport costs in explaining the patterns of trade and multinational activity. Another key issue will be that of the consequences of MNEs for wages, employment, and productivity. Some of the questions that will be addressed are: - Why do countries trade? And why do MNEs arise? - Who gains and who loses from MNEs and FDI? - What determines the actual behavior of contemporary MNEs? After sketching the main recent theories of the multinational firm, some empirical evidence and some case studies will be surveyed. Students will actively participate in presenting and comparing specific experiences of multinational activity.

Assessment: written and/or oral test

Professor: Manzocchi

Textbooks: Main Course References: Frederick Guy, The global environment of business, Oxford U.P (2009). Giorgio Barba Navaretti and Anthony J. Venables, Multinational Firms in the World Economy, Princeton University Press (2004). 16 E2-LM16-GM: LUXURY MANAGEMENT Fall semester; 70 lectures; 7 hrs per week; 8 credits The course will give a general overview of the marketing theory applied to the luxury industry. The introductory part is dedicated to the definition of luxury, the key players of the industry and their brands portfolio. The course also focus the attention on the importance of the brand identity, the difference in the purchasing behavior. The central part is analyses the marketing variables applied to the luxury with an extensive review of communication, CRM, pricing and budgeting. A relevant part is also dedicated to the importance of retailing in the luxury strategy and a specific project work on this matter will end the course.

Assessment: 1. Class participation (5%) – 1,5 points

2. Course Projects (25%) – 7,5 points 1. Final exam (70%) – 21 points

Professor: Festa

Textbooks: 1. Luxury Brand Management: A World of Privilege Michel Chevalier, Gerald Mazzalovo 2. The Luxury Strategy J.N. Kapferer and V. Bastien

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17 E2-M&AIB17-GM: M&A AND INVESTMENT BANKING Fall semester; 70 lectures; 7 hrs per week; 8 credits The course will then discuss the key Investment Banking services (M&A, ECM, DCM etc) with detailed case studies for each product.

Assessment: written exam, case-article analysis, quizzes

Professor: De Vecchi

Textbooks: Reference material will be given by teacher at the beginning of the course. 18 E1-MM18-GM: MARKETING MANAGEMENT Spring semester; 70 lectures; 7 hrs per week; 8 credits Introduction to marketing; Consumer and buyer behavior; Environmental trends; Managing marketing information; Corporate and marketing strategies; Strategic segmentation; Targeting and positioning; Products and brands; Pricing; Channels; Communication/advertising; Sales promotions; Role of marketing in firms; Metrics and accountability; Interfaces: marketing and sales, marketing and R&D, marketing and finance.

Assessment: 50% presentation, 50% final exam

Professor: Leeflang

Textbook: Kotler, P. and Armstrong, G., Principles of Marketing, Pearson, 14th edition, 2011. Furthermore there are some articles that are required to study. The copies of the power point slides that are used by the teachers are highly relevant for this course (and the exams). 19 E1-PMFR19-GM: PERFORMANCE MEASUREMENT AND FINANCIAL REPORTING Fall semester; 70 lectures; 7 hrs per week; 8 credits The course focuses on the theoretical and practical processes of designing, implementing, and using financial statement and performance measurement systems. It will analyze the main concepts of financial statement according to IAS/IFRS framework: balance sheet, income statement, statement of comprehensive income, statement of changes in equity; statement of cash flows. In addition to that, the course goes beyond financial and not financial measures introducing students to a series of practical tools and techniques that can be used to identify, analyze, manage, and implement a performance measurement system. The main themes include: • Measuring performance: theoretical foundations and main perspectives; • The performance measurement tools; • Financial versus non financial indicators; • How to use the measures in order to manage and improve performance: accounting, and organizational perspectives; • Performance as a mechanism for motivation and control.

Other Activities: case studies and papers

Assessment: 40%oral and 60%written exam

Professor: Izzo

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Textbooks: - Slides - Selected academic accounting papers - Case studies - Tim Koller, Richard Dobbs, Bill Huyett, Value: The Four Cornerstones of Corporate Finance, McKinsey & Company Inc., 2010

20 E1-TM22-GM: TOURISM MANAGEMENT Fall semester; 70 lectures; 7 hrs per week; 8 credits - Concepts and Trends in Tourism Management; - Issues in Accommodation and Tourist Service Management; - Issues in Destination Management .

Other Activities: case studies and papers

Assessment: oral exam

Professor: Lazzerini

Textbooks: Marketing del Turismo – di P.Kotler, J.Bowen, J.Makens – ed. McGraw Hill – 2a edizione 2007 Il management delle imprese di viaggio e turismo. Strategie e marketing – di Carla Rossi – ed. Franco Angeli – 2008

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▌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

Key oe: oral exam

we: written exam

Economics and Business Management

Year/Sem Assessment Credits

E1-BE(Adv)1-M

BUSINESS ECONOMICS - ADVANCED 1/F we/oe 8

(Economia dell’Impresa – corso progredito)

E1-BO(Adv)2-M

BUSINESS ORGANISATIONS (ADVANCED) 1/S we/oe 8

(Organizzazione Aziendale - Avanzato)

E2-BS3-M

BUSINESS STRATEGY 2/F we/oe 8

(Strategie d’Impresa)

E1-CL4-M

COMPANY LAW 1/F oe 8

(Diritto Societario)

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E2-CF(Adv)5-M

CORPORATE FINANCE (Advanced) 2/F we/oe 8

(Finanza aziendale - avanzato)

E1-ECI6-M

ECONOMICS AND CREDIT INSTITUTIONS 1/S we/oe 8

(Economia delle aziende di credito)

E1-EIEM(Adv)7-M

ECONOMICS AND INTERNATIONAL ENTERPRISES MANAGEMENT

1/F we/oe 8

(Economia e gestione delle imprese interazionali)

E1-EMI(Adv)8-M

ECONOMICS AND MANAGEMENT OF INNOVATION

2/F we/oe 8

(Economia e gestione dell’innovazione)

E1-GMO10-M

GLOBAL MACROECONOMIC OUTLOOK 1/F we/oe 8

(Prospettive Macroeconomiche Globali)

E1-MC11-M

MANAGEMENT CONTROLS 1/S we/oe 8

(Controllo di Gestione)

E1-MarPol(Adv)12-M

MARKETING POLICIES ADVANCED 1/S oe 8

(Politiche di Marketing, c.p.)

E1-QM13M

QUANTITATIVE METHODS 1/S we/oe 8

(Metodi Quantitativi per l’economia e il management)

E1-TL16-M

TAX LAW 1/S we/oe 8

(Diritto Tributario)

E1-SMR14-M

STATISTICS AND MARKET RESEARCH 1/S we/oe 8

(Statistiche e ricerche di mercato)

E1-SCM15-M

SUPPLY CHAIN MANAGMENT 1/S we/oe 8

(Gestione delle operazioni della supply chain)

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E1-TL17-M

TERRITORIAL MARKETING 2/F we/oe 8

(Diritto Tributario)

NB: Should the description of a given course not be available at the time of publication of this brochure and therefore not be included herein, it will be published on the university website in the "cattedre online" section, which students are accordingly advised to check from time to time.

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General Management

Year/Sem Assessment Credits

E1-ACF1-GM 1/S we/oe 8

ADVANCED CORPORATE FINANCE

E2-AM2-GM 2/F we 8

ASSET MANAGEMENT

E1-BOHR3-GM 1/S - 8

BUSINESS ORGANIZATION AND HUMAN RESOURCES

E1-CBL4-GM 1/F we 8

COMPANY AND BUSINESS LAW

E1-CorStr5-GM 1/S we/oe 8

CORPORATE STRATEGIES

E1-DAQM6-GM 1/F we 6

DATA ANALYSIS AND QUANTITATIVE METHODS

E1-DAQM7-GM

DISTRIBUTION AND SALES 2/F 8

E1-EMI8-GM

ECONOMICS AND MANAGEMENT OF INNOVATION

2/F 8

E2-FM9-GM 2/F we/oe 8

FASHION MANAGEMENT

E1-GEC10-GM 1/F we 12

GLOBAL ECONOMIC CHALLENGES

E1-IPRTT11-GM

INTELLECTUAL PROPERTY RIGHTS AND TECHNOLOGY TRANSFER

2/F 8

E2-IB12-GM 2/F we/oe 8

INTERNATIONAL BUSINESS

E2-IF13-GM 2/F we/oe 8

INTERNATIONAL FINANCE

E2-IM14-GM 2/F - 8

INTERNATIONAL MARKETING

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E2-ITCP15-GM 2/F we/oe 8

INTERNATIONAL TRADE AND COMMERCIAL POLICIES

E2-LM16-GM 2/F we 8

LUXURY MANAGEMENT

E2-M&AIB17-GM 2/F we 8

M&A AND INVESTMENT BANKING

E1-MM18-GM 1/S - 8

MARKETING MANAGEMENT

E1-PMFR19-GM 1/F we/oe 8

PERFORMANCE MEASUREMENT AND FINANCIAL REPORTING

E1-TM20-GM

TURISM MANAGEMENT 2/F 8

NB: Should the description of a given course not be available at the time of publication of this brochure and therefore not be included herein, it will be published on the university website in the "cattedre online" section, which students are accordingly advised to check from time to time.

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Economics and Finance

Year/Sem Assessment Credits

E1-AdEct1-M

ADVANCED ECONOMETRICS 1/S we/oe 8

E1-AdMac2-M

ADVANCED MACROECONOMICS 1/S we/oe 8

E1-AdMic3-M

ADVANCED MICROECONOMICS 1/S we/oe 8

E2-CF(Adv)4-M

CORPORATE FINANCE -ADVANCED 1/S we/oe 8

(Finanza aziendale avanzato

E2-ETI5-M

ECONOMETRICS THEORY 1/F we/oe 8

E2-EMFAdI6-M

ECONOMICS AND MANAGEMENT OF FINANCIAL INTERMEDIARIES -ADVANCED

2/F we/oe 8

(Economia e gestione degli intermediari finanziari c.p.)

E2-EMFAdI7-M

ECONOMICS AND MARKETS OF FINANCIAL INTERMEDIARIES -ADVANCED

2/F we/oe 8

(Economia e mercati degli intermediari finanziari c.p.)

E1-EUI8-M

ECONOMICS OF UNCERTAINTY AND INFORMATION

1/F we/oe 8

(Economia dell’Incertezza e dell’Informazione)

E1-EUI9-M

ECONOMICS AND THE SECURITIES MARKETS 1/F we/oe 8

(Economia del Mercato Mobiliare)

E1-FML10-M

FINANCIAL MARKETS LAW 1/F we 8

E1-IASI11-M

INTERNATIONAL ACCOUNTING STANDARDS AND IFRS

1/S we/oe 8

(Principi Contabili Internazionali e IFRS)

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E1-MMEF12-M

MATHEMATICAL METHODS FOR ECONOMICS AND FINANCE

1/F we/oe 8

E1-MacAn13-M

MACROECONOMIC ANALYSIS 1/F we/oe 8

E1-MicAn14-M

MICROECONOMIC 1/F we/oe 8

E1-MicAn15-M

MICROECONOMIC ANALYSIS 1/F we/oe 8

E1-MTP16-M

MONETARY THEORY AND POLICY 1/S we/oe 8

(Teoria e Politica Monetaria)

E1-Prob17-M

PROBABILITY 2/F we/oe 8

E1-TSFE18-M

TIME SERIES AND FINANCIAL ECONOMICS 1/F we/oe 8

(Serie storiche ed economia finanziaria )

NB: Should the description of a given course not be available at the time of publication of this brochure and therefore not be included herein, it will be published on the university website in the "cattedre online" section, which students are accordingly advised to check from time to time.

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▌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.

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▌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 Student Exchange 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 Student Exchange 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!).

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MEALS

At the university cafeteria: 2,30 €

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 – FS- Ferrovie 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 100 minutes, is 1,50 €.

The price of a monthly ticket, Intera Rete, valid for all busses and the underground, is about 35 €. Monthly tickets last for the solar month, so we 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 1,50 €.

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 1:30 a.m. on Saturdays).

Metro line B runs from Rebibbia station, situated Northeast of the City, to Laurentina Station in the South. ). Metro line B1 runs from Bologna station to Conca d’Oro station. Trains circulate from 5.30 a.m. to 11.30 p.m. (until 1.30 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 100 minutes. The price of a single ticket is 1,50 €.

A shuttle train called Leonardo Express, leaving every 30 minutes (from 6.36 a.m. to 11.36 p.m.) links Fiumicino International Airport with Termini Central Station. The price of the ticket is 11 € for one ride.

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A shuttle train called FM1 linea urbana, leaving every 15 minutes (from 5.57 a.m. to 11.27 p.m.) links Fiumicino International Airport with Tiburtina Station. The price of the ticket is € 5.50.

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 toll-free 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 +39-06-3570; +39-06-3970; +39-06-5870; +39-06-4994.

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 Romania 32. 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 about 120,000 books, over 2,000 paper journals, 75 databases, and it provides access to over 30,000 e-journals. The collection concentrates on economics, law and politics. The opening hours are the following: Reading Rooms, from Monday to Friday from 8 a.m. to 9.45 p.m./Saturday from 8 a.m. to 1.30 p.m.; Reference and Electronic Resources Room, from Monday to Friday from 8 a.m. to 1 p.m. and from 2 p.m. to 6.30 p.m.; Delivery Room and Circulation Service, from Monday to Friday from 8.30 a.m. to 7.30 p.m./Saturday from 8.30 a.m. to 1.30 p.m. - 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, e-mail: [email protected].

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SHOPPING It is less expensive to buy basic necessities (food, toilet articles, clothes) in large stores or supermarkets, such as UPIM, SMA, SIDIS, Billa, Carrefour etc. than in small shops. Many neighbourhoods hold weekly markets which can be also convenient for buying food.

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.

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 the Sports Office, Viale Romania 32, 00197 Rome, tel.+39-06-85225400, e-mail: [email protected], open from Monday to Friday from 10 a.m. to 1 p.m., and Monday and Wednesday from 2.30 to 4.30 p.m.

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MISCELLANEOUS 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 medium-weight 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.

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 1.30 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

LUISS Guido Carli has signed an agreement with CTS (Centro Turistico Studentesco e Giovanile) travel agency, where students can benefit from a number of services. LUISS students and alumni, Erasmus students, LUISS faculty and staff members can purchase a CTS membership card for €18, instead of €30.

CTS members receive the CTS Membership Card and the International Student Identity Card, which gives access to discounts and cut prices on airline, train, ferry, movie and theatre tickets in Italy and abroad. It is also possible to purchase vacation packages to any place of destination. The CTS Help Desk is in Viale Gorizia 17, tel. +39-06-8522-5402, e-mail [email protected] and it is open from Monday to Friday from 9 a.m. to 1 p.m. and from 1.30 p.m. to 4.30 p.m. If you have an ISIC (International Student Identification Card) you can also find information or book cheap travel plans at other CTS agencies located in various parts of the city. For info: www.cts.it. For tourism information, another good 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

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to Saturday from 9 a.m. to 7 p.m.) and at Leonardo Da Vinci Airport, 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. +39-06-488991; website: http://www.romaturismo.it, e-mail: [email protected].

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.

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 HOLIDAYS IN ROME January 1st New Year’s Day June 29 St. Peter and Paul January 6 Epiphany March 31 Easter Sunday (2013) April 1 Easter Monday (2013) April 25 Liberation Day May 1st Labour Day June 2 Republic Day August 15 Assumption Day November 1st All Saints December 8 Immaculate Conception December 25 Christmas Day December 26 Boxing Day

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LUISS GUIDO CARLI WEB SITE http://www.luiss.it/it and www.luiss.edu Information for guest students can be found on www.luiss.edu/prospective-students/exchange-students 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/ http://www.roughguides.com Rome: http://www.romaturismo.com http://www.romagiovane.it http://www.comune.roma.it

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▌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 Student Exchange 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 online) 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 three levels, beginners, intermediate and advanced. 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 some courses in English. The final list will be available at the beginning of classes.

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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 STUDENT EXCHANGE OFFICE Dr. Annamaria A. Ricciardi Mrs. Anna Liguori Ms. Enrica La Palombara Mr. Michele Sorrentino Viale Romania, 32 00197 Rome - Italy Tel. +39-06-85225722/642 Fax +39-06-85225505 E-mail [email protected] Web site http://www.luiss.it/it Available for students: From Monday to Friday 10 a.m. – 12 p.m. Tuesdays and Thursdays 3 p.m. – 4 p.m. Head of office is available: From Monday to Friday 11 a.m. – 12 p.m. Tuesdays and Thursdays 3 p.m. - 4 p.m.

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▌2012-2013 ACADEMIC CALENDARS PLEASE NOTE THAT 2013/2014 ACADEMIC CALENDARS ARE NOT AVAILABLE AT TIME OF PUBLICATION. FOR FURTHER INFORMATION PLEASE CHECK LUISS WEB SITE: http://www.luiss.edu/prospective-students/exchange-students/academic-calendar

2012-2013 ACADEMIC CALENDAR:

BACHELOR - MASTER

Department OF Economics and Business Management; Department of Economics and Finance

ITALIAN CRASH COURSE MANDATORY ARRIVAL DATE: SEPTEMBER 5 2012 Student Exchange Office (viale Romania 32)

For all incoming exchange students

ITALIAN TEST SEPTEMBER 6 Test at 10.30

CLASSES BEGIN SEPTEMBER 7

CLASSES END SEPTEMBER 14

FIRST SEMESTER MANDATORY ARRIVAL DATE: SEPTEMBER 13 2013 Student Exchange Office (viale Romania 32)

For all incoming exchange students

CLASSES BEGIN SEPTEMBER 17 [*] 2012

CLASSES BEGIN SEPTEMBER 24 2012

CLASSES END DECEMBER 7 2012

EXAMINATION PERIOD FROM 7 JANUARY TO 16 FEBRUARY 2013

SECOND SEMESTER

MANDATORY ARRIVAL DATE: FEBRUARY 14 2013 Student Exchange

Office (viale Romania 32) For all incoming exchange students CLASSES BEGIN FEBRUARY 18 2013 CLASSES END MAY 18 2013

EXAMINATION PERIOD FROM 20 MAY TO 7 JULY 2013

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▌EXCHANGE DEADLINES-ACADEMIC YEAR 2012-2013 May 31, 2013 (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, 2013 (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, 2013 (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, 2013 (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.

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▌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: Department of Economics and Finance Department of Business and Management ECTS System - Distribution of grades LUISS Grades

Econ. Fin. Busin. Man.

Econ. Fin. Busin. Man. % of grades

Previous ECTS Grading system

30 e lode

5,66 % A

30

19,08 %

29

9,36 % B

28

16,67 %

C

27

13,31 %

26

9,81 % D

25 6,77 %

24

5,88 %

23

3,25 %

E 22

2,43 %

21

1,74 %

20

2,06 %

19

1,16 %

18

2,82 %

Total

100%

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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 Student Exchange 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 1.000 € per course; 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 an increasing number of degree programmes and courses are offered in English each year. The courses belonging to the following Bachelors and Masters Degrees are entirely taught in English:

Bachelors Degree in Economics and Finance and Business Management

Masters Degree in General Management

Double Degree in International Management (with the University of Fudan – Shanghai)

Masters Degree in Financial Economics

Masters Degree in International Relations

Master in European Studies (MES)

Master of Science in Economics (MOSEC)

Master in E-Business, Management and Consulting (MERP)

Erasmus and Exchange students will be allowed to attend the courses in English offered in the General Management, Economics and Business and the one year Master programmes, according to their level of study, department, academic background and English language competences. The Master in EU Studies offers only a few places to exchange students.

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◊ 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 at beginners, 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 Italian language course held in September will have to take a written test before arrival (the deadline for reception of the test is July 1, 2012). Students wishing to attend the intensive Italian language course held in September will have to take a written test before arrival. 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).

◊ 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 (electronic and printed version) of the incoming students (for both fall and spring semester) from partner Universities. Find out when and where you have to apply at your University. 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 2012-2013 academic year the arrival dates are:

Intensive Italian course :

Mandatory arrival date: 5 September 2012

Classes begin: 7 September 2012

Classes end: 14 September 2012 Bachelor and Master Degrees - Department of Law : Fall semester:

Mandatory arrival date: 13 September 2012

Classes begin: 17 September 2012(II and III year classes at Bachelor level and II year classes at Master level of the Department of Economics) - 24 September 2012

Classes end: 7 December 2012

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Spring semester:

Mandatory arrival date: 14 February 2013

Classes begin: 18 February 2013

Classes end: 18 May 2013 On the set arrival dates, the students should go to the Student Exchange Office for student mobility at 10.30 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 31st. In this case CTS (Centro Turistico Studentesco e Giovanile) 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 two weeks before the beginning of each semester because it is not easy to find accommodation in Rome.

◊ Cost of Living ►How much will I spend in Rome? Housing : the average cost is between € 350/400 (for a place in a double room) and € 500/600 (for a single room) a month plus extras (telephone, electricity, heating, etc.). Meals: about 2 € per meal at the University cafeteria. From 5 to 25 € in take-away pizza shops, bars, pizzerie, trattorie. Public transport: the price of a monthly card(tessera intera rete), for all public transport, is 35 €. Books: about 300 € 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 Italian students: access to the Library, the University Dining Hall, computer and multimedia facilities, e-mail, sports, and all the extra

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curricular activities organised for students such as: film shows, conferences, cultural events, concerts, parties, tours, and much more.

◊ Course Enrolment and Classes – Bachelor Degrees ►Which courses can I take? You will be given access to all the courses in the four Departments as long as you have the necessary prerequisites and you do not have time-table clashes, because attendance of courses is compulsory. Full-year courses can only be taken by the students that will spend the whole academic year at LUISS. You will be given access to the courses in English according to your level of study, department, academic background and English language competence. Information about courses can be found online in the ECTS brochures in English (http://www.luiss.edu/prospective-students/exchange-students/ects-course-catalogs).

◊ Course Enrolment and Classes – Master Degrees

►Which courses can I take? You will be given access to the Master courses in the four Departments (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/English language; the necessary prerequisites; no time-table clashes because attendance of courses is compulsory.

For the Department 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 choose them, make sure you enrol in a few extra courses. The Department of Economics and Finance and the Department of Business and Management offers many optional courses.

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◊ 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 at http://www.luiss.edu/prospective-students/exchange-students/ects-course-catalogs.

All guest students must send a Learning Agreement (Programme of study) approved by the co-ordinator 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 Student Exchange Office of LUISS, by the given deadline.

After the deadline it will not be possible to add or change 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. ►When can I sit exams? Bachelor and Master Degrees - Department of Economics and Finance, Department of Business and Management: examination periods a. y. 2012-2013 Fall semester:

from 07 January to 16 February

Spring semester: from 20 May to 07 July

For each course, LUISS offers two or three examination dates (Appelli) during a long examination period. Guest students will be automatically registered for all the examination dates (Appelli) of all the courses they have chosen and indicated in the course enrolment form. The official examination dates will be posted on-line at the end of each semester. You may search the dates from www.luiss.it as follows:

DIDATTICA: facoltà area of study CATTEDRE ONLINE: name of the professor or of

the subject cerca date esami. Exams can be taken only on the official dates. Therefore, students should make their travelling arrangements according to the examination periods. The exact examination dates are decided by the professors at the end of each semester.

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►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 who come to LUISS for the whole academic year or for the second semester, will receive the transcripts by mid-September. Since the examination session will finish at the end of July and the University closes in August, the transcripts can only be issued by the Student Office after the Summer break. Therefore, no exceptions can be made.

◊ The Student Exchange Office ►When can I contact the office? Office Hours: Morning: from Monday through Friday, from 10.00 a.m. to 12.00 p.m. Afternoon: Tuesday and Thursday, from 3.00 p.m. to 4.00 p.m. Annamaria A. Ricciardi (Head of the Office): Morning: from Monday to Friday, from 11.00 a.m. to 12.00 p.m. Afternoon: Tuesday and Thursday, from 3.00 p.m. to 4.00 p.m. In the Summer, from mid-June to mid-September, the Office is closed on Friday afternoons.

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▌LUISS GUIDO CARLI – AREA MAP

LUISS Guido Carli – Main Campus: Viale Romania,32

To Viale

Romania,32

Via

Parenzo,1

1

Via di S.

Costanza,5

3

Viale

Pola,12

Via Parenzo,11:

- Department of Law (Lecture rooms, Student Office)

Viale Pola,12:

- Administrative Offices - LUISS Business School

Viale Gorizia, 17:

- Students Union - Sports Office

Via di S. Costanza, 53: - Library

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Viale Romania,32 (Main Campus):

- THE SYUDENT EXCHANGE OFFICE - Presidency, Rectorate, Students Office - Departments of Economics and Finance,

Departments of Business and Management and Department of 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 7.30 a.m. to 9.30 p.m.

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.