Programmes in English 
a.y. 2015-2016

Advanced international trade			
Prof. Luca De benedictis 

e-mail: luca.debenedictis@unimc.it 

degree course: M13-IFE/15 	degree class: LM-77
total hours of tuition: 40
European Credit Transfer and Accumulation System (ECTS): 6
Discipline Scientific Sector: SECS-P/01
module type: - 
semester: II Semestre 

didactical methods:
 
assessment methods:
 
(A)=Adopted, (C)=Recommended textbooks: 
1. (A) Giorgio Basevi, Giacomo Calzolari, Gianmarco Ottaviano, Economia Politica degli Scambi Internazionali, Carocci, Roma, 2002, capp. 2-4-8-9
2. (C) James Markusen, James Melvin, William Kaempfer, Keith Maskus, International Trade. Theory and Evidence, McGraw Hill, Boston, 1995, 
3. (C) David Easley, Jon Kleiberg, Networks, Crowds and Markets, Cambridge University Press, Cambridge, 2010, 
4. (C) John Fox, Introduction to Applied Regression Analysi, Cambridge University Press, Cambridge, 2011, 

aims:
The aim of the course is to introduce the audience into the main tools used in applied international trade.

prerequisites:
Microeconomics, International Economics, Statistics

content:
Data characteristics in International Trade
Analysis and data manipulation
Univariate analysis and distributions
Bivariate analysis:correlation
Multivariate analysis: conditional correlation
Multilevel multivariate analysis: dummy variables
Causal regression
Panel data analysis 
  
Analisi degli investimenti			
Prof. Lorenzo Salieri 

e-mail: lorenzo@ls-advisory.com 

degree course: M13-0/14, M13-BM/15 	degree class: LM-77
total hours of tuition: 40
European Credit Transfer and Accumulation System (ECTS): 6
Discipline Scientific Sector: SECS-P/11
module type: - 
semester: I Semestre 

didactical methods:
 
assessment methods:
 
(A)=Adopted, (C)=Recommended textbooks: 
1. (A) Beccalli Elena, Frantz Pascal, Analisi e valutazione degli investimenti, Carocci editore, ", 2013, 327
2. (C) Massari / Zanetti, Valutazione - Fondamenti teorici e best practice nel settore industriale e finanziario, McGraw Hill, ", 2008, 450

aims:
Nessuno

prerequisites:
conoscenza di base

content:
limitata 
  
Analisi e misura dei rischi finanziari			
Prof. Roy Cerqueti 

e-mail: roy.cerqueti@unimc.it 

degree course: M13-0/14, M13-BM/15 	degree class: LM-77
total hours of tuition: 40
European Credit Transfer and Accumulation System (ECTS): 6
Discipline Scientific Sector: SECS-S/06
module type: - 
semester: I Semestre 

didactical methods:
 
assessment methods:
 
(A)=Adopted, (C)=Recommended textbooks: 
1. (C) Cherubini - Della Lunga, Il rischio finanziario, McGraw-Hill, Milano, 2001, 

aims:
The aim of the course if to discuss theoretically the concept of risk. Moreover, some quantitative tools for the related measure are also provided.

prerequisites:
The key elements of probability theory.

content:
The concept of risk.
Expected utility and risk aversion.
Option and derivatives theory.
Financial risk and pricing models.
Brief notes on the formalization of the risk acceptance problems: graph theory, copulae, multithreshold models, distorted utility, prospect theory, cognitive biases and their modeling.
Applications and case study. 
  
Analisi economico finanziaria dei bilanci			Analisi economico finanziaria dei bilanci - mod. a
Prof. Bruno maria Franceschetti 

e-mail: bmfranceschetti@unimc.it 

degree course: L10-EA/08, L10-EA/14, L10-EB/08, L10-EB/14 	degree class: L-18
total hours of tuition: 40
European Credit Transfer and Accumulation System (ECTS): 6
Discipline Scientific Sector: SECS-P/07
module type: - 
semester: I Semestre 

didactical methods:
 
assessment methods:
 
(A)=Adopted, (C)=Recommended textbooks: 
1. (A) L. Marchi, A. Paolini, A. Quagli, Strumenti di analisi gestionale, Giappichelli, Torino, 2003, Parte prima
2. (C) Giunta F., Il Capitale netto di garanzia a tutela dei creditori, Amministrazione e Finanza n. 9, Milano, 1997, 
3. (C) Giunta F., Il bilancio letto per aree di gestione, Amministrazione e Finanza n. 20, Milano, 1997, 
4. (C) Giunta F., Il capitale circolante netto commerciale, Amministrazione e finanza n.19, Milano, 1998, 
5. (C) Beaver, W.H, Financial ratios as predictors of failure, Journal of Accounting Research, 4, 1966, pp. 71-111
6. (C) Altman, E.I, Financial ratios, discriminant analysis and the prediction of corporate bankruptcy, Journal of Finance, Vol. 23, 1968, pp.589-609
7. (C) Beneish, M.D., Detecting GAAP violation: Implications for assessing earnings management among firms with extreme financial performance, Journal of Accounting and Public Policy, vol 16 (3), 1997, pp.271-309
8. (C) Beneish, M.D., The Detection Of Earnings Manipulation, Financial Analysts Journal, vol. 55 (5), 1999, pp.24-36
9. (C) Miller J.E., The Miller ratio (MR): A tool for practitioners and regulators to detect for the possibility of earnings management (EM),, The Journal of Applied Business Research, vol. 25 (1), 2009, pp.139-144
10. (C) Healy, P. M., The effect of bonus schemes on accounting decisions, Journal of Accounting and Economics, 7, 1985, 85-107.
11. (C) Dechow, P., Ge, W., & Schrand, C, Understanding earnings quality: A review of the proxies, their determinants and their consequences, Journal of Accounting and Economics, 50(2), 2010, 344-401
12. (C) DeFond, M. L, Earnings quality research: Advances, challenges and future research., Journal of Accounting and Economics,, 50(2), 2010, 402-409.
13. (C) Dichev, I. D., Graham, J. R., Harvey, C. R., & Rajgopal, S., Earnings quality: Evidence from the field., Journal of Accounting and Economics, 56(2), ., 2013, 1-33
14. (C) Lo, K., Earnings management and earnings quality, Journal of Accounting and Economics,, 45(2), 2008, 350-357
15. (C) Nelson, M. W., & Skinner, D. J., How should we think about earnings quality? A discussion of "Earnings quality: Evidence from the field, Journal of Accounting and Economics, 56(2), 2013, 34-41
16. (C) Burgstahler, D., & Dichev, I., Earnings management to avoid earnings decreases and losses., Journal of Accounting and Economics, 24(1), 1997, 99-126
17. (C) DeFond, M. L., & Jiambalvo, J., Debt covenant violation and manipulation of accruals, Journal of accounting and economics, 17(1), 1994, 145-176
18. (C) Jones, J. J., Earnings management during import relief investigations, Journal of Accounting Research, 29(2), 1991, 193-228.

aims:
To provide students with the basic elements of the economic and financial analysis of companies.

prerequisites:
economia aziendale
accounting

content:
Financial statement analysis following a prescribed routine with standard financial ratios;
Bankruptcy predicion models;
Ernings managment and earnings manipulation; 
  
Analisi economico finanziaria dei bilanci			Analisi economico finanziaria dei bilanci - mod. b
Prof. Nicola giuseppe Castellano 

e-mail: nicola.castellano@unimc.it 

degree course: L10-EA/08, L10-EA/14 	degree class: L-18
total hours of tuition: 20
European Credit Transfer and Accumulation System (ECTS): 3
Discipline Scientific Sector: SECS-P/07
module type: - 
semester: I Semestre 

didactical methods:
 
assessment methods:
 
(A)=Adopted, (C)=Recommended textbooks: 
(to be specified) 

aims:
The course aims to explore financial analysis and cash flow analysis instruments and techniques.
The course also examines the basic process of economic and financial planning and forecasting.

prerequisites:
Before attending classes in this course students should attend classes in the following courses: Economia Aziendale, Ragioneria

content:
- Cash Flow statement: construction and analysis
- Analysis of Net Financial Position
- Economic and Financial planning mechanism
- Economic and Financial forecasting mechanism
- Break-even point analysis
- Operating and financial leverage
- Industry and competitors benchmark analysis 
  
Analisi macroeconomia avanzata			
Prof.ssa Domenica Tropeano 

e-mail: tropeano@unimc.it 

degree course: M11-0/14 	degree class: LM-77
total hours of tuition: 60
European Credit Transfer and Accumulation System (ECTS): 9
Discipline Scientific Sector: SECS-P/02
module type: - 
semester: II Semestre 

didactical methods:
 
assessment methods:
 
(A)=Adopted, (C)=Recommended textbooks: 
1. (C) Hyman Minsky, Potrebbe ripetersi?, Einaudi, Torino, 1984, Introduzione,  Cap 1,2,5,6,7,8 .
2. (C) Lance Taylor, Reconstructing Macroeconomics, Harvard University Press, Cambridge, 2004, cap-1 pp.7-43
3. (A) Roberto Tamborini, Economia e Finanza, CEDAM, Lavis (Trento), 2011, cap2 tutto, cap5 pp.173-85.
4. (A) Hyman Minsky, Combattere la poverta', EDIESSE, Roma, 2013, cap.5 pp.177-98.

aims:
The course aims at offering the students both the analytical tools and the practical information in order to understand the recurring crises that hit  modern economies.

prerequisites:
basic notions of macroeoconomics.

content:
The first part of the course wil deal with the theory of crises and financial instability by Hyman Minsky, particularly itsKkeynesian and Kaleckian origins.
The second part of the course will use applied material on recent episodes of crises in order to assess whether this theory  still works. 
  
Banca, credito, assicurazioni			Banca, credito, assicurazioni - mod. a
Prof. Massimo Biasin 

e-mail: massimo.biasin@unimc.it 

degree course: L10-EB/08, L10-EB/14 	degree class: L-18
total hours of tuition: 40
European Credit Transfer and Accumulation System (ECTS): 6
Discipline Scientific Sector: SECS-P/11
module type: - 
semester: n/i  

didactical methods:
 
assessment methods:
 
(A)=Adopted, (C)=Recommended textbooks: 
1. (C) Rose P., Hudgins S., Bank Management & Financial Services, McGrawHill Higher Education, Usa, 2013, 
2. (A) Biasin M., Cosma S., Oriani M., La banca. Istituzione e impresa., Isedi, Torino, 2013, I capitoli di riferimento verranno indicati dal docente con avviso nella propria pagina web.

aims:
The course offers an organic analysis of banks' (Mod A) and insurance companies' (Mod B) functions and main business areas considering risks and regulation. Mod. A covers credit (risk) & fund policies, liquidity & asset-liability mgmnt.

prerequisites:
Students are required to be familiar with financial instruments and banking operations and are expected to have attended Financial Intermediaries Class.

content:
1. Banks' Nature and Intermediation Models.
2. Bank's Business Functions, Areas & Risks.
3. Regulation and Safety Net.
4. Bank Financial Statements (IFRS) & Source and Use of Bank Funds.
5. Credit (Risk) Policies.
6. Fund Policies.
7. Principles of Liquidity Management.
8. Principles of Asset-Liability Management.
9. Banking Capital. 
  
Banca, credito, assicurazioni			Banca, credito, assicurazioni - mod. b
Prof. Alberto Privitera 

e-mail: albertoprivitera@hotmail.it 

degree course: L10-EB/08, L10-EB/14 	degree class: L-18
total hours of tuition: 40
European Credit Transfer and Accumulation System (ECTS): 6
Discipline Scientific Sector: SECS-P/11
module type: - 
semester: n/i  

didactical methods:
 
assessment methods:
 
(A)=Adopted, (C)=Recommended textbooks: 
1. (A) FABRIZIO SANTOBONI (a cura di), MANUALE DI GESTIONE ASSICURATIVA - PROFILI ECONOMICI FINANZIARI E DI GOVERNANCE, CEDAM, PADOVA, 2012, CAPITOLI 1 2 3 4 5 6
2. (A) FABRIZIO SANTOBONI (a cura di), MANUALE DI GESTIONE ASSICURATIVA - LA PRODUZIONE ASSICURATIVA, CEDAM, PADOVA, 2012, CAPITOLI 1 2 3 4 5

aims:
PROVIDE THE KNOWLEDGE OF TECHNICAL AND LEGISLATION RELATED TO INSURANCE COMPANIES.
PROVIDE THE BASICS OF MANAGEMENT INSURANCE COMPANY FROM THE POINT OF VIEW OF PRODUCTION, THE BUDGET, AND MARKET.

prerequisites:
In order to understand the topics covered, it is essential the possession of skills related courses: Business Administration and Economics of Financial Intermediaries

content:
- Structural and functional aspects of the financial and insurance markets.
- Aspects of management, detection and control.
- Insurance risks and financial risks. References to the insurance and banking institutions. Similarities and differences.
- The budget of the insurance.
- The supervision of insurance undertakings.
- The production life insurance. Overview
- Homogeneous groups and financial conglomerates 
  
Bilanci bancari e crediti non performing			Mod. a
Prof. Mauro Marconi 

e-mail: marconi@unimc.it 

degree course: M11-0/14 	degree class: LM-77
total hours of tuition: 20
European Credit Transfer and Accumulation System (ECTS): 3
Discipline Scientific Sector: SECS-P/01
module type: - 
semester: I Semestre 

didactical methods:
 
assessment methods:
 
(A)=Adopted, (C)=Recommended textbooks: 
(to be specified) 

aims:
Knowledge of the interconnection between the legal and economic profiles of  financial contracts through a careful analysis of financial statements of banks and by observing some concrete cases.

prerequisites:
Basic knowledge of economics of financial intermediation learned in the previous studies.

content:
- Macroeconomic analysis
- Indicators and forecasts
- Risk Factors of the industrial system
- Business risk in relation to the economic trends
- Business crisis 
  
Bilanci bancari e crediti non performing			Mod. b
Prof.ssa Raffaella Coppier 

e-mail: raffaella.coppier@unimc.it 

degree course: M11-0/14 	degree class: LM-77
total hours of tuition: 20
European Credit Transfer and Accumulation System (ECTS): 3
Discipline Scientific Sector: SECS-P/01
module type: - 
semester: I Semestre 

didactical methods:
 
assessment methods:
 
(A)=Adopted, (C)=Recommended textbooks: 
(to be specified) 

aims:
Knowledge of the interconnection between the legal and economic profiles of  financial contracts through a careful analysis of financial statements of banks and by observing some concrete cases.

prerequisites:
Basic knowledge of economics of financial intermediation learned in the previous studies.

content:
- Analysis of the macroeconomic framework. 
- Economic indicators and forecasts. 
- Risk Factors of the industrial system. 
- Business risks in relationship with economic conditions. 
- Enterprise crisis. 
  
Bilanci bancari e crediti non performing			Mod. c
Prof.ssa Laura Palmieri 

e-mail: avv.laurapalmieri@libero.it 

degree course: M11-0/14 	degree class: LM-77
total hours of tuition: 10
European Credit Transfer and Accumulation System (ECTS): 1
Discipline Scientific Sector: SECS-P/01
module type: - 
semester: I Semestre 

didactical methods:
 
assessment methods:
 
(A)=Adopted, (C)=Recommended textbooks: 
1. (A) Banca d'Italia, Rapporto sulla stabilità finanziaria, Banca d'Italia, Roma, 2015, 
2. (A) Luciano Marchi - Antonella Paolini - Alberto Quagli, Strumenti di analisi gestionale. Il profilo strategico, G. Giappichelli, Torino, 2003, 
3. (A) S. Merz, Manuale pratico del recupero crediti, Cedam, Padova, 2013, Parte III - Parte VII, Cap.1-2 -

aims:
Relationship between economic and law in firm crisis.

prerequisites:
Business and administration
Banking and finance
Banckrupcty

content:
Now Performing Loans;
Securation;
Firm crisis;
Bankin contract;
Defaut. 
  
Bilanci bancari e crediti non performing			Mod. d
Prof.ssa Fabiola Pietrella 

e-mail: fabiola.pi@libero.it 

degree course: M11-0/14 	degree class: LM-77
total hours of tuition: 10
European Credit Transfer and Accumulation System (ECTS): 1
Discipline Scientific Sector: SECS-P/01
module type: - 
semester: I Semestre 

didactical methods:
 
assessment methods:
 
(A)=Adopted, (C)=Recommended textbooks: 
1. (A) Banca d'Italia, Rapporto sulla stabilità finanziaria, Banca d'Italia, Roma, 2015, 
2. (A) Luciano Marchi - Antonella Paolini - Alberto Quagli, Strumenti di analisi gestionale. Il profilo strategico, G. Giappichelli, Torino, 2003, 
3. (A) S. Merz, Manuale pratico del recupero crediti, Cedam, Padova, 2013, Parte III - Parte VII, Cap. 1 - 2

aims:
Relationship between economic and law in firm crisis.

prerequisites:
Business and administration
Banking and finance
Banckrupcty

content:
Now Performing Loans;
Securation;
Firm crisis;
Bankin contract;
Defaut. 
  
Bilancio consolidato			
Prof.ssa Francesca Bartolacci 

e-mail: francesca.bartolacci@unimc.it 

degree course: M11-0/14 	degree class: LM-77
total hours of tuition: 60
European Credit Transfer and Accumulation System (ECTS): 9
Discipline Scientific Sector: SECS-P/07
module type: - 
semester: I Semestre 

didactical methods:
 
assessment methods:
 
(A)=Adopted, (C)=Recommended textbooks: 
1. (A) Branciari, Marchi, Zavani, Economia dei gruppi e bilancio consolidato: una interpretazione degli andamenti economici e finanziari - III edizione, Giappichelli, Torino, 2010, 

aims:
The course aims to analyze the process of construction and analysis of the consolidated financial statement.

prerequisites:
Knowledge of accounting.

content:
The course aims to analyze the following issues:
- Consolidation objetives;
- Theories of consolidation;
- Homogenization of financial statements values;
- The elimination of the controlling interests;
- The elimination of intercompany transactions;
- The treatment of goodwill;
- The valuation of the equity and the income of minorities;
- The management analysis of the consolidated financial statements. 
  
Consumer law			Consumer law (mod. a)
Prof. Tommaso Febbrajo 

e-mail: t.febbrajo@unimc.it 

degree course: M13-IFE/15 	degree class: LM-77
total hours of tuition: 20
European Credit Transfer and Accumulation System (ECTS): 3
Discipline Scientific Sector: IUS/05
module type: - 
semester: II Semestre 

didactical methods:
Classroom Lectures
Practice Course
Work Groups
Seminars

assessment methods:
Written Examination
Oral Examination
Mid-Course Test

(A)=Adopted, (C)=Recommended textbooks: 
(to be specified) 

aims:
(to be included)

prerequisites:
(to be included)

content:
(to be included) 
  
Consumer law			Consumer law (mod. b)
Prof. Francesco Bottoni 

e-mail: francesco.bottoni@unimc.it 

degree course: M13-IFE/15 	degree class: LM-77
total hours of tuition: 20
European Credit Transfer and Accumulation System (ECTS): 3
Discipline Scientific Sector: IUS/05
module type: - 
semester: II Semestre 

didactical methods:
Classroom Lectures
Practice Course
Work Groups
Seminars

assessment methods:
Written Examination
Oral Examination
Mid-Course Test

(A)=Adopted, (C)=Recommended textbooks: 
(to be specified) 

aims:
(to be included)

prerequisites:
(to be included)

content:
(to be included) 
  
Contratti finanziari atipici ed assicurativi			Mod. a
Prof. Enrico Damiani 

e-mail: damiani@unimc.it 

degree course: M11-CP/14 	degree class: LM-77
total hours of tuition: 20
European Credit Transfer and Accumulation System (ECTS): 3
Discipline Scientific Sector: IUS/01
module type: - 
semester: II Semestre 

didactical methods:
 
assessment methods:
 
(A)=Adopted, (C)=Recommended textbooks: 
1. (A) E. Damiani, I nuovi contratti finanziari, ESI, Napoli, 2008, 
2. (A) E. Damiani, Venture capital e private equity, ESI, Napoli, 2010, 

aims:
Knowledge of the principals financial contracts in commercial practice

prerequisites:
Knowledge of institution of private law

content:
The concept of atypical contracts. The contracts of ethical finance. The securitization of credits. The project financing. The trust. The leveraged buyout, Venture capital 
  
Contratti finanziari atipici ed assicurativi			Mod. b
Prof. Tommaso Febbrajo 

e-mail: t.febbrajo@unimc.it 

degree course: M11-CP/14 	degree class: LM-77
total hours of tuition: 20
European Credit Transfer and Accumulation System (ECTS): 3
Discipline Scientific Sector: IUS/01
module type: - 
semester: II Semestre 

didactical methods:
 
assessment methods:
 
(A)=Adopted, (C)=Recommended textbooks: 
1. (A) Campobasso, (A) GF. Campobasso Diritto commerciale, Vol III, Contratti, titoli di credito, procedure concorsuali, Utet, Torino, 2009, capitolo sul contratto di assicurazione

aims:
Knowledge of the main financial contracts more common in commercial practice and regulation of the insurance contract.

prerequisites:
private and commercial law

content:
Contract and insurance company. Types of insurance. Discipline of insurance contract. Insurance against damage. Liability insurance. Life insurance. 
  
Corso di azzeramento di matematica generale			
Prof. Angelo Angeletti 

e-mail: angelo.angeletti@virgilio.it 

degree course: L10-0/14 	degree class: L-18
total hours of tuition: 20
European Credit Transfer and Accumulation System (ECTS): 0
Discipline Scientific Sector: SECS-S/06
module type: - 
semester: I Semestre 

didactical methods:
 
assessment methods:
 
(A)=Adopted, (C)=Recommended textbooks: 
1. (A) Angelo Angeletti, Corso di azzeramento, dispense online, Macerata, 2012, 

aims:
---

prerequisites:
---

content:
--- 
  
Corso di sostegno matematica generale			
Prof.ssa Carolina Latini 

e-mail: carolina.latini@istruzione.it 

degree course: L10-0/14 	degree class: L-18
total hours of tuition: 20
European Credit Transfer and Accumulation System (ECTS): 0
Discipline Scientific Sector: SECS-S/06
module type: - 
semester: I Semestre 

didactical methods:
 
assessment methods:
 
(A)=Adopted, (C)=Recommended textbooks: 
(to be specified) 

aims:
NON PRESENTI

prerequisites:
NON PRESENTI

content:
NON PRESENTI 
  
Diritto commerciale e diritto bancario			D.bancario
Prof. Maurizio Sciuto 

e-mail:  

degree course: L10-EB/08, L10-EB/14 	degree class: L-18
total hours of tuition: 20
European Credit Transfer and Accumulation System (ECTS): 3
Discipline Scientific Sector: IUS/04
module type: - 
semester: II Semestre 

didactical methods:
 
assessment methods:
 
(A)=Adopted, (C)=Recommended textbooks: 
1. (A) Aa. Vv. (a cura di M. Cian), Diritto commerciale vol. II, Giappichelli, Torino, 2014, §§ 77, 78 e 79 del I volume
2. (C) A. Mirone, La trasparenza bancaria, Cedam, Padova, 2012, 

aims:
.

prerequisites:
It is required the knowledge of Civil Law

content:
Banking business
Funding a bank
Banking contracts 
  
Diritto commerciale e diritto bancario			D.comm (mod. a)
Prof. Andrea luigi Niutta 

e-mail: andrealuigi.niutta@unimc.it 

degree course: L10-EA/08, L10-EA/14, L10-EB/08, L10-EB/14, L10-ECI/08, L10-ECI/14 	degree class: L-18
total hours of tuition: 20
European Credit Transfer and Accumulation System (ECTS): 3
Discipline Scientific Sector: IUS/04
module type: - 
semester: II Semestre 

didactical methods:
 
assessment methods:
 
(A)=Adopted, (C)=Recommended textbooks: 
1. (A) M. CIAN (a cura di), Diritto commerciale, Giuffrè, Milano, 2014, VOL. II: Sez. seconda: TUTTA (pp. 73-162); Sez. terza: Le obbligazioni (pp. 336-350); Sez. quarta: I titoli di debito (pp. 593-595);  Sez. sesta: TUTTA (pp. 665-696).

aims:
Knowledge relating to the discipline of commercial law with particular reference to: partnerships and capital companies.

prerequisites:
Knowledge of the system of sources of law; knowledge of institutions and basic categories of private law and public law.

content:
The course deals with the law of partnerships and, in relation to capital companies, the regulation of groups of companies, the establishment of assets and funding in Spa, the issue of bonds and the debt securities for Srl. 
  
Diritto commerciale e diritto bancario			D.comm (mod. b)
Prof. Maurizio Sciuto 

e-mail:  

degree course: L10-EA/08, L10-EA/14, L10-EB/08, L10-EB/14, L10-ECI/08, L10-ECI/14 	degree class: L-18
total hours of tuition: 20
European Credit Transfer and Accumulation System (ECTS): 3
Discipline Scientific Sector: IUS/04
module type: - 
semester: II Semestre 

didactical methods:
 
assessment methods:
 
(A)=Adopted, (C)=Recommended textbooks: 
1. (A) Aa. Vv. (a cura di M. Cian), Diritto commerciale - voll. I - II, Giappichelli, Torino, 2014, Dal primo volume esclusa la parte relativa alla crisi di impresa; del volume secondo la sola parte dedicata alla s.p.a

aims:
.

prerequisites:
It is required the knowledge of Civil Law

content:
Commercial Law: an introduction.
Definition of enterprise.
Classes of entrepreneur.
Provisions governing the entrepreneurial activities.
The firm.
Competition Law. Consortium of entrepreneurs.
Joint-stock company 
  
Diritto commerciale e diritto bancario			D.comm (mod. c)
Prof. Maurizio Sciuto 

e-mail:  

degree course: L10-EB/08, L10-EB/14 	degree class: L-18
total hours of tuition: 20
European Credit Transfer and Accumulation System (ECTS): 3
Discipline Scientific Sector: IUS/04
module type: - 
semester: II Semestre 

didactical methods:
 
assessment methods:
 
(A)=Adopted, (C)=Recommended textbooks: 
1. (A) Aa. Vv. (a cura di M. Cian), Diritto commerciale - vol. II, Giappichelli, Torino, 2014, Esclusi i §§ 73, 74, 75, 76 del II volume

aims:
.

prerequisites:
It is required the knowledge of Civil Law

content:
Company Law
Merger and acquisitions 
  
Diritto degli intermediari finanziari			
Prof. Andrea luigi Niutta 

e-mail: andrealuigi.niutta@unimc.it 

degree course: M13-0/14, M13-BM/15 	degree class: LM-77
total hours of tuition: 60
European Credit Transfer and Accumulation System (ECTS): 9
Discipline Scientific Sector: IUS/05
module type: - 
semester: I Semestre 

didactical methods:
 
assessment methods:
 
(A)=Adopted, (C)=Recommended textbooks: 
1. (A) S. AMOROSINO (a cura di), Manuale di Diritto del Mercato Finanziario, Giuffrè, Milano, 2014, 

aims:
Knowledge about the regulation of financial intermediaries in particular:
1. type of subject of intermediaries;
2. independent powers of the authorities;
3. discipline crisis.

prerequisites:
Knowledge of the system of sources of law; knowledge of institutions and basic categories of private law and public law.

content:
The course aims to analyze the most recent regulation of financial intermediaries, based on the Consolidated Law on Finance, as updated following the law on savings. Are thoroughly analyzed the new list of investment services and accessories, in particular the rules of the SGR and the Fund, and standing on the types of securities investment funds in Italy and the open character of the contract relating to the funds-cash accounts. A part of the course is devoted to the duties of intermediaries to customers and profiles of possible liability. 
  
Diritto dei consumatori e dei risparmiatori			
Prof. Tommaso Febbrajo 

e-mail: t.febbrajo@unimc.it 

degree course: M11-0/14 	degree class: LM-77
total hours of tuition: 40
European Credit Transfer and Accumulation System (ECTS): 6
Discipline Scientific Sector: IUS/01
module type: - 
semester: II Semestre 

didactical methods:
 
assessment methods:
 
(A)=Adopted, (C)=Recommended textbooks: 
1. (A) T. Febbrajo, Profili di diritto dei consumatori, Eum, Macerata, 2010, 

aims:
To reach knowledge about basic notion of private law and tecnical language. To reach skill of making links within the system of codice civile.

prerequisites:
Knowledge of basic notions from Costitution

content:
1)  "Consumerism" and consumer's law in Italy.
2) Consumer's law in Europe
3) Antitrust discpline.
4) Precontractual information 
5) Consumer credit law
6) Mass tort
7) Sale's law
8) Financial services
9) Product liability
10) Remedies 
  
Diritto del mercato finanziario			
Prof. Andrea luigi Niutta 

e-mail: andrealuigi.niutta@unimc.it 

degree course: M13-0/14, M13-BM/15 	degree class: LM-77
total hours of tuition: 40
European Credit Transfer and Accumulation System (ECTS): 6
Discipline Scientific Sector: IUS/05
module type: - 
semester: II Semestre 

didactical methods:
 
assessment methods:
 
(A)=Adopted, (C)=Recommended textbooks: 
1. (A) R. COSTI, Il mercato mobiliare, Giappichelli, Torino, 2014, capp. I e III, capp. VI  e  VIII

aims:
During the course will be deepened the following issues: 
1. definition of financial instrument; 
2. definition of financial product;
3. futures, swaps and options;
4. Asset Backed Securities.

prerequisites:
Knowledge of the system of sources of law; knowledge of institutions and basic categories of private law and public law.

content:
The course aims to analyze the most recent discipline of financial intermediaries, starting from the TUF. During the course will be deepened the following issues: 1. definition of financial instrument; 2. definition of financial product; 3. futures, swaps and options; 4. Asset Backed Securities. 
In particular, the course aims to analyze the ruled markets and the organized exchange systems, focusing on market supervision and on crisis regulation. At last, a particular attention will be assigned to the OPA system. 
  
Diritto delle operazioni straordinarie			
Prof. Maurizio Onza 

e-mail:  

degree course: M11-CP/14 	degree class: LM-77
total hours of tuition: 60
European Credit Transfer and Accumulation System (ECTS): 9
Discipline Scientific Sector: IUS/04
module type: - 
semester: II Semestre 

didactical methods:
 
assessment methods:
 
(A)=Adopted, (C)=Recommended textbooks: 
1. (C) AA.VV. a cura di Marco Cian, Diritto Commerciale I e II, Giappichelli, Torino, 2014, 

aims:
Acquiring knowledge of extraordinary corporate transactions and of the tendency on the main connected problems

prerequisites:
Knowledge of private law and corporate law

content:
Extraordinary corporate transactions: transformation, merger and demerger 
  
Diritto delle societa' quotate			
Prof. Ettore Fazzutti 

e-mail:  

degree course: M11-0/14 	degree class: LM-77
total hours of tuition: 40
European Credit Transfer and Accumulation System (ECTS): 6
Discipline Scientific Sector: IUS/04
module type: - 
semester: I Semestre 

didactical methods:
 
assessment methods:
 
(A)=Adopted, (C)=Recommended textbooks: 
1. (A) F. CHIAPPETTA, Diritto del governo societario (La corporate governance delle società quotate), Cedam, Padova, 2013, 

aims:
Knowledge of the law related to companies with shares listed on the stock market.

prerequisites:
Knowledge of company law, related in particular to corporations.

content:
1. Companies with shares listed on the stock exchange: the discipline of Civil Code.
2. Companies with shares listed on the stock exchange: the Special discipline (TUF). 
  
Diritto fallimentare			Mod. a
Prof. Maurizio Sciuto 

e-mail:  

degree course: M11-CP/14 	degree class: LM-77
total hours of tuition: 20
European Credit Transfer and Accumulation System (ECTS): 3
Discipline Scientific Sector: IUS/04
module type: - 
semester: II Semestre 

didactical methods:
 
assessment methods:
 
(A)=Adopted, (C)=Recommended textbooks: 
1. (A) Aa. Vv. (a cura di M.  Cian), Diritto commerciale I, Giappichelli, Torino, 2013 (o ristampa 2014), 2013, vol. I - sez. 7 La crisi di impresa - di M. Sciuto - pag. 220 ca.
2. (C) A. Nigro - D. Vattermoli, Diritto della crisi delle imprese, Il Mulino, Bologna, 2012, 
3. (C) Autori Vari (Aa. Vv.), Diritto fallimentare. Manuale breve., Giuffrè, Milano, 2013, 

aims:
To have a good command of fundamentals elements of Bankruptcy law and to know the principals decisions of the courts

prerequisites:
Corporate law, Procedural Law

content:
The Bankruptcy law and the principals referred laws (l. 270/1998) 
  
Diritto fallimentare			Mod. b
Prof. Maurizio Onza 

e-mail:  

degree course: M11-CP/14 	degree class: LM-77
total hours of tuition: 20
European Credit Transfer and Accumulation System (ECTS): 3
Discipline Scientific Sector: IUS/04
module type: - 
semester: II Semestre 

didactical methods:
 
assessment methods:
 
(A)=Adopted, (C)=Recommended textbooks: 
1. (A) Aa. Vv. (a cura di M. Cian), Diritto commerciale I, Giappichelli, Torino, 2014, vol. I - sez. 7 La crisi di impresa - di M. Sciuto - pag. 220 ca.
2. (C) A. Nigro - D. Vattermoli, Diritto della crisi delle imprese, Il Mulino, Bologna, 2012, 
3. (C) Autori Vari (Aa. Vv.), Diritto fallimentare. Manuale breve., Giuffrè, Milano, 2013, 

aims:
To have a good command of fundamentals elements of Bankruptcy law and to know the principals decisions of the courts

prerequisites:
Corporate law, Procedural Law

content:
The Bankruptcy law and the principals referred laws (l. 270/1998) 
  
Diritto fallimentare			Mod. c
Prof.ssa Miria Ricci 

e-mail: miria.ricci@unimc.it 

degree course: M11-CP/14 	degree class: LM-77
total hours of tuition: 20
European Credit Transfer and Accumulation System (ECTS): 3
Discipline Scientific Sector: IUS/04
module type: - 
semester: II Semestre 

didactical methods:
 
assessment methods:
 
(A)=Adopted, (C)=Recommended textbooks: 
1. (A) Aa. Vv. (a cura di M. Cian), Diritto commerciale I, Giappichelli, Torino, 2013, vol. I - sez. 7 "La crisi di impresa" - di M. Sciuto - pagine 220 circa.
2. (C) A. Nigro - D. Vattermoli, Diritto della crisi delle imprese, Il Mulino, Bologna, 2012, 
3. (C) Aa. Vv., Diritto fallimentare. Manuale breve., Giuffrè, Milano, 2013, 

aims:
To have a good command of fundamentals elements of Bankruptcy law and to know the principals decisions of the courts.

prerequisites:
Corporate law.

content:
The Bankruptcy law and the principals referred laws (l. 270/1999). 
  
Diritto pubblico dell'economia			
Prof. Giulio Salerno 

e-mail: salerno@unimc.it 

degree course: M13-0/14, M13-0/15 	degree class: LM-77
total hours of tuition: 60
European Credit Transfer and Accumulation System (ECTS): 9
Discipline Scientific Sector: IUS/09
module type: - 
semester: II Semestre 

didactical methods:
Classroom Lectures
Practice Course
Work Groups
Seminars

assessment methods:
Written Examination
Oral Examination
Mid-Course Test

(A)=Adopted, (C)=Recommended textbooks: 
(to be specified) 

aims:
(to be included)

prerequisites:
(to be included)

content:
(to be included) 
  
Diritto regionale			
Prof.ssa Barbara Malaisi 

e-mail: malaisi@unimc.it 

degree course: M11-0/14 	degree class: LM-77
total hours of tuition: 60
European Credit Transfer and Accumulation System (ECTS): 9
Discipline Scientific Sector: IUS/09
module type: - 
semester: II Semestre 

didactical methods:
 
assessment methods:
 
(A)=Adopted, (C)=Recommended textbooks: 
1. (A) Califano-Salerno (a cura di), Lineamenti di diritto costituzionale della Regione Marche, Giappichelli, Torino, 2012, tutto il testo

aims:
to get the fundamental knowledge about the italian regional law
the sources of the regional law
the government bodies
the regional administration
the regional finance

prerequisites:
none

content:
the constitutional framework 
  
Diritto societario			
Prof. Ettore Fazzutti 

e-mail:  

degree course: L10-EA/08, L10-EA/14 	degree class: L-18
total hours of tuition: 40
European Credit Transfer and Accumulation System (ECTS): 6
Discipline Scientific Sector: IUS/04
module type: - 
semester: II Semestre 

didactical methods:
 
assessment methods:
 
(A)=Adopted, (C)=Recommended textbooks: 
1. (C) AA.VV., Diritto delle società (Manuale breve), Giuffrè, Milano, 2015, 
2. (C) G.F. CAMPOBASSO, Diritto commerciale. 2. Diritto delle società, UTET, Torino, 2015, 

aims:
The course has the aim to increase awareness of the societal phenomenon in relation to other associated phenomena, as well as the study of corporate types from different companies.

prerequisites:
Knowledge of Commercial Law.

content:
1. The companies in general and other associated phenomena.
2. Partnerships (ordinary partnership and limited partnerships); irregular companies.
3. Corporations other than the company
4. The dissolution of the corporation.
5. Groups of companies, management and coordination of the Company.
6. Transformation, merger and demerger of companies.
7. Mutual companies. 
  
Economia aziendale			
Prof.ssa Antonella Paolini 

e-mail: paolini@unimc.it 

degree course: L10-EA/14, L10-EB/14, L10-ECI/14 	degree class: L-18
total hours of tuition: 60
European Credit Transfer and Accumulation System (ECTS): 9
Discipline Scientific Sector: SECS-P/07
module type: - 
semester: I Semestre 

didactical methods:
 
assessment methods:
 
(A)=Adopted, (C)=Recommended textbooks: 
1. (A) Luciano Marchi (a cura di), Introduzione all'economia aziendale. Il sistema delle operazioni e le condizioni di equilibrio, Giappichelli, Torino, IX edizione, 2014, integralmente

aims:
The aim of the course is to provide students with a basic accounting  
knowledge. The course covers all important fields of financial  
accounting and represents the indispensable background for subsequent  
courses.

prerequisites:
(none)

content:
1. Inputs;
2. bookkeeping system: investments & financing model;
3. the main accounting transactions (purchases, sales, debt and equity   
financing);
4. income determination and evaluation;
5. income statement and statement of assets and liabilities;
6. the conditions of economic, financial and patrimonial equilibrium;
7. business strategy: an introduction to strategy. 
  
Economia dei gruppi e delle relazioni internazionali			
Prof.ssa Francesca Bartolacci 

e-mail: francesca.bartolacci@unimc.it 

degree course: L10-ECI/08, L10-ECI/14 	degree class: L-18
total hours of tuition: 40
European Credit Transfer and Accumulation System (ECTS): 6
Discipline Scientific Sector: SECS-P/07
module type: - 
semester: I Semestre 

didactical methods:
 
assessment methods:
 
(A)=Adopted, (C)=Recommended textbooks: 
1. (A) Branciari, Marchi, Zavani, Economia dei gruppi e bilancio consolidato: una interpretazione degli andamenti economici e finanziari - III edizione, Giappichelli, Torino, 2010, Parte I - Parte II (capp. 1-2-5)

aims:
The course aims to analyze the phenomena of national and international aggregations at the firms level.

prerequisites:
Knowledge of business administration.

content:
During the course the following topics will be addressed:
- The internal and external business growth
- The trajectories of business growth
- Business internationalization
- The different business aggregations: informal and formal
- Informal aggregations (production and financial)
- Formal aggregations (cartels, franchising and joint ventures)
- Business groups and notes on the consolidated financial statements 
  
Economia dei mercati e delle istituzioni finanziarie			
Prof. Mauro Marconi 

e-mail: marconi@unimc.it 

degree course: M13-0/14, M13-BM/15 	degree class: LM-77
total hours of tuition: 80
European Credit Transfer and Accumulation System (ECTS): 12
Discipline Scientific Sector: SECS-P/01
module type: - 
semester: II Semestre 

didactical methods:
 
assessment methods:
 
(A)=Adopted, (C)=Recommended textbooks: 
1. (A) Michele Bagella, Il sistema finanziario internazionale, Giappichelli, Torino, 2007, 
2. (A) Giacomo Vaciago, Giovanni Verga, Efficienza  e stabilità dei mercati finanziari, il Mulino, Bologna, 1995, 
3. (A) Banca dei Regolamenti Internazionali, Rapporto annuale, BRI, Basilea, 2008, 
4. (A) Reinhart C.M.; Rogoff K.S., Questa volta è diverso. Otto secoli di follia finanziaria, Il Saggiatore, Milano, 2010, 

aims:
Knowledge and understanding of the structure of the international financial system. The efficiency of financial markets and their regulation.

prerequisites:
Microeconomics
Macroeconomics
Monetary economics

content:
- Financial structure and globalization.
- Evolution of credit market from the model originate to hold to the model originate to distribute.
- Securization.
- Pricing of financial instrument.
- Rating.
- Credit risk transfert: CDS.
- Resecurization.
- Resilience and fragility of the global financial systems.
- Regulation of financial systems. 
  
Economia delle istituzioni			
Prof. Paolo Ramazzotti 

e-mail: ramazzotti@unimc.it 

degree course: M11-CG/14 	degree class: LM-77
total hours of tuition: 40
European Credit Transfer and Accumulation System (ECTS): 6
Discipline Scientific Sector: SECS-P/02
module type: - 
semester: I Semestre 

didactical methods:
 
assessment methods:
 
(A)=Adopted, (C)=Recommended textbooks: 
1. (A) F. Caffè, Lezioni di politica economica, Bollati boringhieri, Torino, 1990, Cap. 3, parr. 1-7
2. (A) D.C. North, Istituzioni, cambiamento istituzionale, evoluzione dell'economia, il mulino, Bologna, 1994, Cap. 1
3. (A) A.A. Schmid, Tra economia e diritti: proprietà, potere e scelte pubbliche, Il mulino, Bologna, 1988, Capp. 1, 2
4. (A) L. Filippini, A. Salanti (a cura di), Razionalità, impresa e informazione - Letture di microeconomia, G. Giappichelli, Torino, 1993, H. A. Simon "Dalla razionalità sostanziale alla razionalità procedurale"
5. (A) K.W. Kapp, Economia e ambiente. Saggi scelti, Otium, Ancona, 1991, "L'economia come sistema aperto e le sue implicazioni"
6. (A) M.C. Marcuzzo, A. Roncaglia (a cura di), Saggi di economia politica, Clueb, Bologna, 1998, A.K. Sen "Beni e persone"
7. (A) H. Minsky, Potrebbe ripetersi? Instabilità e finanza dopo la crisi del '29 Einaudi 1984, Einaudi, Torino, 1984, "Finanza e profitti: la natura mutevole dei cicli economici americani"
8. (A) C. Azzara, E. Orlando, M. Pozza e A. Rizzi (a cura di), Historiae. Studi per Gherardo Ortalli, Edizioni ca' foscari, Venezia, 2013, M. Cangiani "Economia ed ecologia. Il metodo del "sistema aperto" contro la chiusura della scienza economica"
9. (A) L. Gallino, L'impresa irresponsabile, Einaudi, Torino, 2005, seconda parte

aims:
The lectures aim to point out: the interaction between institutional setup and the characteristics of the economy; the relation between institutions and economic ends; the most recent institutional changes

prerequisites:
basic microeconomics and macroeconomics

content:
1. Market and public institutions
2. Market and private institutions
3. New Institutional Economics and the theory of the firm
4. Rights and structuration of the market
5. Rationality, choice and aspiration levels
6. The economy as an open system
7. Efficiency and economic structure
8. Institutions and development
9. Financial institutions and the instability of capitalism
10. Firms and recent economic change 
  
Economia e gestione delle imprese e marketing			Economia e gestione delle imprese e marketing - mod. a
Prof.ssa Elena Cedrola 

e-mail: elena.cedrola@unimc.it 

degree course: L10-EA/08, L10-EA/14 	degree class: L-18
total hours of tuition: 60
European Credit Transfer and Accumulation System (ECTS): 9
Discipline Scientific Sector: SECS-P/08
module type: - 
semester: II Semestre 

didactical methods:
 
assessment methods:
 
(A)=Adopted, (C)=Recommended textbooks: 
1. (A) Jim Blythe, Elena Cedrola, Fondamenti di marketing, Pearson Prentice Hall, Milano, 2013, Il dettaglio dei capitoli verrà indicato a lezione e successivamente pubblicato nelle pagine internet dedicate al corso
2. (A) Sergio Sciarelli, La gestione dell'impresa, Cedam, Padova, 2011, Il dettaglio dei capitoli verrà indicato a lezione e successivamente pubblicato nelle pagine internet dedicate al corso
3. (C) Tunisini A., Pencarelli T., Ferrucci L., Economia e Management delle Imprese, Hoepli, Milano, 2014, 

aims:
The course aims to provide the basic tools to understand companies, their activities and relationships in the environment. The second part focuses on marketing.

prerequisites:
Principles of Microeconomics
Principles of Business Administration

content:
The role of marketing in the firm
The course, after taking into consideration the major theories on governance, analyzes the relationships of the firm with the main categories of stakeholders. 
It also describes patterns and processes that enable management to define and achieve the objectives of the business. 
The second part of the course focuses on the analysis of models, methodologies and techniques to manage the marketing function. 
  
Economia e gestione delle imprese e marketing			Economia e gestione delle imprese e marketing - mod. b
Prof.ssa Patrizia Silvestrelli 

e-mail: patrizia.silvestrelli@unimc.it 

degree course: L10-EA/08, L10-EA/14 	degree class: L-18
total hours of tuition: 20
European Credit Transfer and Accumulation System (ECTS): 3
Discipline Scientific Sector: SECS-P/08
module type: - 
semester: II Semestre 

didactical methods:
 
assessment methods:
 
(A)=Adopted, (C)=Recommended textbooks: 
1. (A) Sergio Sciarelli, La gestione dell'impresa, Cedam, Padova, 2011, Capitoli II, III, VI, VII, XIV e XVI

aims:
The course is aimed at providing students the knowledge to comprehend strategic and managerial issues, by analysing business functions, strategic choices, operations and inter-firm relationships along the supply chain.

prerequisites:
Microeconomics

content:
Firm as competitive system
Path for business growth
Business functions
Operations management
Quality, time and flexibility of the production system 
Inter-firm relationships in the supply chain 
  
Economia e strumenti degli intermediari finanziari			Economia e strumenti degli intermediari finanziari - mod. a
Prof. Alessandro giovanni Grasso 

e-mail: alessandrogiovanni.grasso@unimc.it 

degree course: L10-EA/08, L10-EA/14, L10-EB/14 	degree class: L-18
total hours of tuition: 60
European Credit Transfer and Accumulation System (ECTS): 9
Discipline Scientific Sector: SECS-P/11
module type: - 
semester: II Semestre 

didactical methods:
 
assessment methods:
 
(A)=Adopted, (C)=Recommended textbooks: 
1. (A) Ferrari A., Gualandri E., Landi A., Vezzani P., IL SISTEMA FINANZIARIO: funzioni mercati e intermediari, G.Giappichelli, Torino, 2012, Tutti i capitoli
2. (A) A.Ferrari, E.Gualandri, A.Landi, V.Venturelli, P.Vezzani, Strumenti e prodotti finanziari: bisogni di investimento, finanziamento, pagamento e gestione dei rischi, Giappichelli, Torino, 2012, 

aims:
To provide knowledge of the functions and components of the financial system, within the regulatory framework.

prerequisites:
Business Economics

content:
1.Operators and functions of the financial system. 
2.Circuits of intermediation. 
3.Currency and payment system. 
4.Banks and monetary policy. 
5.Financial regulation. 
6.Financial markets. 
7.Financial intermediary.
8.Bank products and operations.
9.Payment instruments.
10.Asset management. 
  
Economia e strumenti degli intermediari finanziari			Economia e strumenti degli intermediari finanziari - mod. b
Prof. Alessandro giovanni Grasso 

e-mail: alessandrogiovanni.grasso@unimc.it 

degree course: L10-EB/14 	degree class: L-18
total hours of tuition: 20
European Credit Transfer and Accumulation System (ECTS): 3
Discipline Scientific Sector: SECS-P/11
module type: - 
semester: II Semestre 

didactical methods:
 
assessment methods:
 
(A)=Adopted, (C)=Recommended textbooks: 
1. (A) A.Ferrari, E.Gualandri, A.Landi, V.Venturelli, P.Vezzani, Strumenti e prodotti finanziari: bisogni di investimento, finanziamento, pagamento e gestione dei rischi, Giappichelli, Torino, 2012, 

aims:
Understand the technical and economic characteristics of products and services offered in relation to the different needs of economic traders.

prerequisites:
Business Economics

content:
The financial instruments: bonds, shares, derivates, insurance and asset managements 
  
Economia e tecnica degli scambi internazionali			
Prof.ssa Patrizia Silvestrelli 

e-mail: patrizia.silvestrelli@unimc.it 

degree course: L10-ECI/08, L10-ECI/14 	degree class: L-18
total hours of tuition: 60
European Credit Transfer and Accumulation System (ECTS): 9
Discipline Scientific Sector: SECS-P/08
module type: - 
semester: II Semestre 

didactical methods:
 
assessment methods:
 
(A)=Adopted, (C)=Recommended textbooks: 
1. (C) Elena Cedrola, Il marketing internazionale per le piccole e medie imprese, McGraw-Hill, Milano, 2005, Capitoli: I, II, III, IV
2. (A) Enrico Valdani, Giuseppe Bertoli, Marketing internazionale, Egea, Milano, 2014, Capitoli I, II, III, IV, V, VI e VII

aims:
The course is aimed at describing the management issues faced by companies when expanding in foreign countries. The course provides students the skills to comprehend the international strategies and worldwide business relationships.

prerequisites:
Microeconomics

content:
Market globalization
International environment
Foreign markets analysis 
Entry barriers
Strategies for international markets
Export
Alliances and cooperation
Foreign direct investments
Managing cross-cultural relationships
Contracts and agreements for international trade 
  
Economia internazionale			Economia internazionale - mod. a
Prof. Luca De benedictis 

e-mail: luca.debenedictis@unimc.it 

degree course: L10-ECI/08, L10-ECI/14 	degree class: L-18
total hours of tuition: 40
European Credit Transfer and Accumulation System (ECTS): 6
Discipline Scientific Sector: SECS-P/01
module type: - 
semester: II Semestre 

didactical methods:
 
assessment methods:
 
(A)=Adopted, (C)=Recommended textbooks: 
1. (C) Paul Krugman e Maurice Obstfeld, Economia Internazionale vol.1, Tompson, Milano, 2006, 
2. (C) Robert Feenstra e Alan Taylor, Economia Internazionale vol.1, Mc Graw Hill, Milano, 2009, 
3. (C) Giuseppe de Arcangelis, Economia Internazionale, Mc Graw Hill, Milano, 2013, 

aims:
This is an introductory course in Internationa Trade, focusing both on trade theory and trade policy. The main objective is to give students the basic notions of the topic.

prerequisites:
Microeconomics, Macroeconomics, Basic Calculus, Statistics

content:
1. Globalization
2. Specialization and Comparative Advantages
3. The Classic trade models Ricardo; Hecksher-Ohlin-Samuerson; Helpman-Krugman; Melitz
4. Trade and income distribution: Ricardo-Viner.
5. Factor movements.
6. Geography and trade.
7. Free trade and protectionism.
8. Trade policy: tariffs, subsidies and the new protectionism
9. Protectionism and game theory.
10. The WTO 
  
Economia internazionale			Economia internazionale - mod. b
Prof.ssa Domenica Tropeano 

e-mail: tropeano@unimc.it 

degree course: L10-ECI/08, L10-ECI/14 	degree class: L-18
total hours of tuition: 40
European Credit Transfer and Accumulation System (ECTS): 6
Discipline Scientific Sector: SECS-P/01
module type: - 
semester: II Semestre 

didactical methods:
 
assessment methods:
 
(A)=Adopted, (C)=Recommended textbooks: 
1. (A) Krugman, Paul Obstfeld Maurice,Melitz Marc, Economia Internazionale 2, PEARSON, Milano-Torino, 2012, tutto

aims:
The main objective of the course is to extend the macroeoconomics of a closed economy to an open one. Another objective is to make students understand the evolution of the contemporary economy in an international context.

prerequisites:
basic macroeconomics and monetary economics

content:
National Accounting and Balance of Payments.

Exchnage rates and  exchange rates markets.

Approaches to the determination of the exchange rate.

Money, interest rates and exchange rates.

Price level and exchange rate in the long run.

Production and exchange rate in the short period.

Fixed exchange rates and interventions in foreign exchange markets.

The international monetary system. 
  
Economia monetaria e creditizia			Economia monetaria e creditizia (mod. a)
Prof. Mauro Marconi 

e-mail: marconi@unimc.it 

degree course: L10-EB/08, L10-EB/14 	degree class: L-18
total hours of tuition: 20
European Credit Transfer and Accumulation System (ECTS): 3
Discipline Scientific Sector: SECS-P/01
module type: - 
semester: I Semestre 

didactical methods:
 
assessment methods:
 
(A)=Adopted, (C)=Recommended textbooks: 
1. (A) Arcelli, Mario, L'economia monetaria e la politica monetaria dell'Unione Europea, CEDAM, Torino, 2007, 

aims:
The knowledge and understanding of the operation of financial and monetary markets. Risks and uncertainty. The role of monetary policy and aggregate economic activity.

prerequisites:
Microeconomics.
Macroeconomics.

content:
- The currency
- The currency and financial assets in euro
- The deposit market
- The quantity theory of money
- The Keynesian demand for money 
- The preference for liquidity and its reformulations
- Theory of portfolio allocation 
  
Economia monetaria e creditizia			Economia monetaria e creditizia (mod. b)
Prof.ssa Raffaella Coppier 

e-mail: raffaella.coppier@unimc.it 

degree course: L10-EB/08, L10-EB/14 	degree class: L-18
total hours of tuition: 20
European Credit Transfer and Accumulation System (ECTS): 3
Discipline Scientific Sector: SECS-P/01
module type: - 
semester: I Semestre 

didactical methods:
 
assessment methods:
 
(A)=Adopted, (C)=Recommended textbooks: 
1. (A) Mario Arcelli, L'economia monetaria e la politica monetaria dell'Unione Europea, Cedam, Padova, 2007, 

aims:
The course aims to provide an adequate knowledge on the functioning of money and financial markets, on the level of risk that characterizes them and on the monetary policy transmission mechanism.

prerequisites:
Microeconomics
Macroeconomics

content:
The currency and financial assets in the euro area 
The money market deposit account
The demand for money: the classical and the Keynesian approach towards money
The liquidity preference theory
Theory of portfolio allocation 
  
Economic policy + financial crisis			Economic policy
Prof. Paolo Ramazzotti 

e-mail: ramazzotti@unimc.it 

degree course: M13-IFE/15 	degree class: LM-77
total hours of tuition: 40
European Credit Transfer and Accumulation System (ECTS): 6
Discipline Scientific Sector: SECS-P/02
module type: - 
semester: n/i  

didactical methods:
 
assessment methods:
 
(A)=Adopted, (C)=Recommended textbooks: 
1. (A) H. Bougrine, M. Seccareccia, Introducing Macroeconomic Analysis, Emond Montgomery Publications, Toronto, 2010, 

aims:
The course aims to provide a deeper understanding of the theory of public policy by focusing on the debate among different schools of thought.

prerequisites:
Basic knowledge of microeconomics and macroeconomics

content:
1. The role of the public sector 
2. Money
3. Consumption, savings and investment
4. Unemployment
5. Fiscal Policy
6. Monetary Policy
7. Trade liberalization
8. Financial regulation
9. Exchange rate policies
10. Globalization 
  
Economic policy + financial crisis			Financial crisis
Prof.ssa Domenica Tropeano 

e-mail: tropeano@unimc.it 

degree course: M13-IFE/15 	degree class: LM-77
total hours of tuition: 20
European Credit Transfer and Accumulation System (ECTS): 3
Discipline Scientific Sector: SECS-P/01
module type: - 
semester: n/i  

didactical methods:
 
assessment methods:
 
(A)=Adopted, (C)=Recommended textbooks: 
(to be specified) 

aims:
The main objective is to make the students understand how international financial markets work in reality and not only in textbook descriptions.

prerequisites:
basic knowledge of macroeconomics, financial instruments and markets.

content:
It is an applied course that focusses on the last big financial crisis and on the monetary policy tools used to overcome it. 
  
Elementi del calcolo delle probabilita' e teoria matematica del portafoglio finanziario			
Prof. Roy Cerqueti 

e-mail: roy.cerqueti@unimc.it 

degree course: M11-0/14 	degree class: LM-77
total hours of tuition: 60
European Credit Transfer and Accumulation System (ECTS): 9
Discipline Scientific Sector: SECS-S/06
module type: - 
semester: I Semestre 

didactical methods:
 
assessment methods:
 
(A)=Adopted, (C)=Recommended textbooks: 
1. (A) D'Ecclesia Gardini, Apunti di Matematica Finanziaria vol 2, Giappichelli, Torino, 1998, 

aims:
The scope of this course is to provide a quantitative skillout regarding portfolio theory and finance, with a particular focus on the probabilistic methods

prerequisites:
Mathematics - basic courses
Statistics
Classical financial mathematics

content:
Probability (3 CFU)
A primer on stochastic processes, Markov chains, Chapman-Kolmogorov equations, stationary probabilities

Portfolio Theory (6 CFU)
Random amounts, mean-variance framework, portfolio selection, Markowitz' model, stochastic dominance. 
  
Financial analysis and accounting + budgeting and cost accounting			Budgeting and cost accounting
Prof. Eldi Metushi 

e-mail: e.metushi@unimc.it 

degree course: M13-IFE/15 	degree class: LM-77
total hours of tuition: 40
European Credit Transfer and Accumulation System (ECTS): 6
Discipline Scientific Sector: SECS-P/07
module type: - 
semester: n/i  

didactical methods:
 
assessment methods:
 
(A)=Adopted, (C)=Recommended textbooks: 
(to be specified) 

aims:
The main purpose of the course is to help students understand and analyze the Financial Statements under the IFRS principles.

prerequisites:
Business Administration. Principles of Accounting.

content:
1- Uses of Accounting Information and the Financial Statements 
2- Financial Statements and Accounting Principles
3- Financial Reporting and Analysis
4- Introduction to IFRS
5- Revenues recognition issues
6- Inventories
7- Tangible assets
8- Depreciation and non-current assets
9- Liabilities and financing costs
10-Investments and investments income
11- Deferred taxes and tax expence
12- Owner's equity
13- Introducing XBRL 
  
Finanza aziendale			
Prof.ssa Barbara Fidanza 

e-mail: fidanza@unimc.it 

degree course: M13-0/14, M13-BM/15 	degree class: LM-77
total hours of tuition: 60
European Credit Transfer and Accumulation System (ECTS): 9
Discipline Scientific Sector: SECS-P/09
module type: - 
semester: I Semestre 

didactical methods:
 
assessment methods:
 
(A)=Adopted, (C)=Recommended textbooks: 
1. (A) BERK J., DE MARZO P., Finanza Aziendale 1, Pearson Addison Wesley, Milano, 2015, capitoli 3, 4, 7, 8 (fino a § 8.4 incluso), 9 (fino a § 9.2 incluso), 10, 11, 12, 14, 15, 16, 18 (esclusi paragrafi 18.4 e 18.8)

aims:
The aim of the course is to give a complete theoretical and practical framework of investing and financing decisions, focusing on their role in the creation of shareholders value.

prerequisites:
The company: its internal breakdown, its relations with the environment, theoretical instruments for its past and prospective analysis, the financial balance.

content:
The program consists of the following modules: - the financial value of time, opportunity cost of capital and the net present value rule; - economic return and the value of common stocks; - investment valuation rules; - portfolio theory and the Capital Asset Pricing Model; - risk and capital budgeting; - MM theory, costs of financial distress and pecking order theory; - making capital structure decisions; - interaction between investment and financing decisions: cost of capital and value. 
  
Geografia de la globalizacion			
Prof. Paolo Rovati 

e-mail: paolo.rovati@unimc.it 

degree course: M13-0/14, M13-BM/15 	degree class: LM-77
total hours of tuition: 40
European Credit Transfer and Accumulation System (ECTS): 6
Discipline Scientific Sector: M-GGR/01
module type: - 
semester: II Semestre 

didactical methods:
 
assessment methods:
 
(A)=Adopted, (C)=Recommended textbooks: 
1. (A) A. Fernández Fernández (et al.), Geografía, Editorial Universitaria Ramón Areces, Madrid, 2010, Segunda Parte
2. (A) P. Rovati, Dal vicereame del Río de la Plata agli attuali confini dell'Argentina, Pàtron, Bologna, 2012, 
3. (C) P. Rovati, La Guinea Equatoriale, eum, Macerata, 2014, 

aims:
The aim is to define the contents and methods of Geography of Globalization and to confront the interdependence among natural environment and economic activities in the Iberian Peninsula, in Latin America and in Spanish-speaking Africa.

prerequisites:
Basics of Cartography, History and Economics.

content:
- From Descriptive Geography to Geography of Globalization.
- State and Nation.
- Geographical elements of the State.
- Nationalisms and Globalization.
- The great geographical discoveries and the origin of globalization.
- Migratory movements.
- Development and Underdevelopment.
- Sustainable development.
- Elements of Geography of the Iberian Peninsula.
- Elements of Geography of Latin America and of Spanish-speaking Africa. 
  
Geografia della globalizzazione			
Prof. Paolo Rovati 

e-mail: paolo.rovati@unimc.it 

degree course: M11-0/14 	degree class: LM-77
total hours of tuition: 40
European Credit Transfer and Accumulation System (ECTS): 6
Discipline Scientific Sector: M-GGR/01
module type: - 
semester: II Semestre 

didactical methods:
 
assessment methods:
 
(A)=Adopted, (C)=Recommended textbooks: 
1. (A) De Matteis - Lanza - Nano - Vanolo, Geografia dell'economia mondiale, UTET, Torino, 2010, Pagine: 1-170; 219-267.
2. (C) P. Rovati, Dal vicereame del Río de la Plata agli attuali confini dell'Argentina, Pàtron, Bologna, 2012, 
3. (C) P. Rovati, La Guinea Equatoriale, eum, Macerata, 2014, 

aims:
Acquiring knowledge about the contents and methods of Geography of Globalization and to confront the interdependence among natural environment and economic activities trough the knowledge of the territory and of the demographical dynamics.

prerequisites:
Basics of Cartography, History and Economics.

content:
-From Descriptive Geography to Geography of Globalization. 
-The great geographical discoveries and the origin of globalization. 
-North and South of the world: Development and Underdevelopment. 
-Developed countries and underdeveloped countries. 
-The Geography of New Industrialized Countries.
-Globalization and interdependence.
-Population distribution, demographical dynamics and recent migratory phenomena.
-Geographic elements of the State: territory, population and resources. 
-Nationalisms and globalization.
-Environmental protection and sustainable development as economic factors. 
  
Geografia politica ed economica			
Prof. Paolo Rovati 

e-mail: paolo.rovati@unimc.it 

degree course: L10-0/08, L10-EA/14, L10-ECI/14 	degree class: L-18
total hours of tuition: 40
European Credit Transfer and Accumulation System (ECTS): 6
Discipline Scientific Sector: M-GGR/02
module type: - 
semester: II Semestre 

didactical methods:
 
assessment methods:
 
(A)=Adopted, (C)=Recommended textbooks: 
1. (A) P. Dagradi e C. Cencini, Compendio di Geografia Umana, Pàtron, Bologna, 2003, Pagine: 13-23; 67-161; 323-337.
2. (A) P. Morelli, Geografia Economica, McGraw - Hill, Milano, 2010, Pagine: 17-50; 101-119; 175-204.
3. (C) P. Rovati, La Guinea Equatoriale, eum, Macerata, 2014, 

aims:
The student will trace the main stages of geographical thought and, in addition, the geographical knowledge of the territory, will allow him to analyse the interdependence between the natural environment and economic activities.

prerequisites:
Basics of Cartography, History and Economics.

content:
- Historical Development of Human, Political and Economic Geography.
- Environmental balance and sustainable development as economic factors.
- Demographical dynamics and migratory phenomena.
- Geographic elements of the State.
- State and Nation: territorial organization.
- Development and Underdevelopment.
- Geography of economically emerging countries.
- Agricultural spaces.
- Industrial spaces.
- Urban spaces. 
  
Gestione dei rischi e strumenti derivati			Mod. gestione dei rischi
Prof.ssa Adele Grassi 

e-mail: grassi.adele@bsm.sm 

degree course: M13-BM/15 	degree class: LM-77
total hours of tuition: 40
European Credit Transfer and Accumulation System (ECTS): 6
Discipline Scientific Sector: SECS-P/11
module type: - 
semester: II Semestre 

didactical methods:
 
assessment methods:
 
(A)=Adopted, (C)=Recommended textbooks: 
1. (A) Andre Resti Andrea Sironi, Rischio e Valore nelle Banche, Egea, Milano, 2008, 

aims:
The course aims to provide the theoretical and empirical tools 
for the identification, measurement and management of major 
risks associated with banking activities.

prerequisites:
Knowledge of the financial system, particularly the banks.

content:
The banking. The main banking risks. Insights on real cases in the international financial system. 
  
Gestione dei rischi e strumenti derivati			Mod. strumenti derivati
Prof.ssa Nicoletta Marinelli 

e-mail: nicoletta.marinelli@unimc.it 

degree course: M13-BM/15 	degree class: LM-77
total hours of tuition: 40
European Credit Transfer and Accumulation System (ECTS): 6
Discipline Scientific Sector: SECS-P/11
module type: - 
semester: II Semestre 

didactical methods:
 
assessment methods:
 
(A)=Adopted, (C)=Recommended textbooks: 
1. (A) Hull J.C., Opzioni, Futures e altri derivati, Pearson, Prentice Hall, Milano, 2015, I capitoli saranno segnalati in calce alle slide fornite dalla docente.

aims:
The aim of the course is to provide a thorough understanding of the economic significance of financial derivatives and the analytical tools necessary to trade and price such instruments.

prerequisites:
Students must have a good knowledge of the basic financial instruments (equity and debt) and their evaluation techniques.

content:
FORWARDS
- Economic significance
- Pricing techniques
- Trading

FUTURES
- Economic significance
- Pricing techniques
- Trading

SWAPS
- Economic significance
- Pricing techniques
- Trading

OPTIONS
- Economic significance
- Pricing techniques
- Trading
- Cap, floor, collar options
- Index, currency, future options
- Exotic options

Lessons will be followed by practical classes in which some pricing and hedging problems will be solved with the use of Microsoft Excel. 
  
Inferenza statistica			
Prof.ssa Luisa Scaccia 

e-mail: scaccia@unimc.it 

degree course: M13-BM/15 	degree class: LM-77
total hours of tuition: 40
European Credit Transfer and Accumulation System (ECTS): 6
Discipline Scientific Sector: SECS-S/01
module type: - 
semester: II Semestre 

didactical methods:
 
assessment methods:
 
(A)=Adopted, (C)=Recommended textbooks: 
1. (A) Ross Sheldon M., Probabilità e statistica per l'ingegneria e le scienze, Apogeo, Milano, 2003, I-XII
2. (A) Sheldon M. Ross, Introduction to Probability and Statistics for Engineers and Scientists, Elsevier Academic Press, San Diego, California, USA, 2009, 1-12

aims:
The study of the fundamental principles and techniques of inferential statistics. The acquisition of the necessary tools to infer the characteristics of a population on the basis of a sample drawn from it.

prerequisites:
Mathematics
Statistics

content:
Random variables, fundamental theorems of inferential statistics. Basic concepts of bivariate statistical analysis. In particular, analysis of the interdependence between two qualitative variables, between two quantitative variables and of the dependence of a quantitative from a qualitative variable. Inferential tools used are chi-square test for the independence, test statistics for the correlation coefficient, linear regression model and one-way analysis of variance. 
  
Informatica			
Prof. Francesco Ciclosi 

e-mail: f.ciclosi@gmail.com 

degree course: L10-0/14 	degree class: L-18
total hours of tuition: 40
European Credit Transfer and Accumulation System (ECTS): 6
Discipline Scientific Sector: INF/01
module type: - 
semester: I Semestre 

didactical methods:
 
assessment methods:
 
(A)=Adopted, (C)=Recommended textbooks: 
1. (A) Dennis P. Curtin, Kim Foley, Kunal Sen, Cathleen Morin, Informatica di base, Mcgraw-hill, Milano, 2012, Capitoli: 1-10, 12-14, 16-17, 19, 21, 25
2. (A) P. Atzeni, A. De Checchi, G. Sindoni, M. Tirelli, G. Fiorentino, A. P. Pala, IT4PS - Le basi di dati per Economia, Mcgraw-hill, Milano, 2006, Capitoli: 2,3
3. (C) Francesco Ciclosi, S.A.T.A. - Per la definizione architetturale di un Sistema di Accesso alla Trasparenza Amministrativa, Edizioni Montag, Recanati, 2012, Pagine: 42-67, 79-93

aims:
Understand and learn: the operation of the computer, communications networks and the Internet, licensing, open data, the main aspects of information security, databases. Knowing how to solve problems by applying these instruments.

prerequisites:
There are no prerequisites

content:
1) OPERATION OF A COMPUTER (architecture of computers, peripheral input / output devices, storage media, software, digital formats)
2) COMMUNICATION NETWORK (operation of the Internet, communication tools, computer networks)
3) OVERVIEW OF LEGAL INFORMATION (licensing, business model of open data)
4) OUTLINE OF SECURITY (malware, secure communications, encryption, digital signature, identity theft, cyber crime and hacking, business continuity, disaster recovery, forensics, social engineering, techniques of attack and defense
5) INFORMATION TECHNOLOGY FOR PROBLEM SOLVING (use of databases for the labor market and for the analysis of the budget) 
  
International contract law			
Prof. Tommaso Febbrajo 

e-mail: t.febbrajo@unimc.it 

degree course: M13-IFE/15 	degree class: LM-77
total hours of tuition: 60
European Credit Transfer and Accumulation System (ECTS): 6
Discipline Scientific Sector: IUS/01
module type: - 
semester: I Semestre 

didactical methods:
 
assessment methods:
 
(A)=Adopted, (C)=Recommended textbooks: 
(to be specified) 

aims:
To handle legal instruments of the bargaining that takes place in the global market

prerequisites:
Basics of Civil and commercial law

content:
The course covers letters of intent; recitals in international contracts; interpretation clauses; best efforts, reasonable care, due diligence, and general trade standards in international contracts; confidentiality clauses in international contracts; penalty clauses; limitation of liability and exemption clauses; force majure clauses; hardship clauses; "English clauses," most-favored customer clauses, and first-refusal clauses; assignment clauses; termination clauses; and post-contractual obligations in international contracts. Sales of goods, Agency and distribution. 
  
Investments analysis and financial risk management			Financial risk management
Prof.ssa Nicoletta Marinelli 

e-mail: nicoletta.marinelli@unimc.it 

degree course: M13-IFE/15 	degree class: LM-77
total hours of tuition: 40
European Credit Transfer and Accumulation System (ECTS): 6
Discipline Scientific Sector: SECS-P/11
module type: - 
semester: n/i  

didactical methods:
 
assessment methods:
 
(A)=Adopted, (C)=Recommended textbooks: 
1. (A) J.C. Hull, Options, Futures and Other Derivatives, Pearson, Prentice Hall, Upper Saddle River, 2011, 
2. (A) Brealey R., Myers S. and F. Allen, Principles of Corporate Finance, McGraw-Hill, NY, 2011, 20,21,26,27

aims:
The aim of this course is to provide a thorough understanding of financial risk management techniques designed to maximize value of firm. A part of the course is devoted to the analysis of derivatives and their uses in risk management.

prerequisites:
Enrolled students are expected to have familiarity with basic concepts of capital markets and finance. The level of mathematical complexity involved in these topics will be manageable.

content:
The course is divided into three parts:

1. Concepts and the economics of Risk Management

2.  Tools for Financial Risk Management

3. The practice of Risk Management

The first part of the course will address the general concepts of risk management applied to firms, trying to shed light on why firms (should) hedge. The second part is more technical and it will cover the tools for hedging risks (in particular, financial derivatives). The last part will help students to understand how a hedging strategy can be designed and put into action to be effective. 
  
Investments analysis and financial risk management			Investments analysis (mod. a)
Prof. Massimo Biasin 

e-mail: massimo.biasin@unimc.it 

degree course: M13-IFE/15 	degree class: LM-77
total hours of tuition: 40
European Credit Transfer and Accumulation System (ECTS): 6
Discipline Scientific Sector: SECS-P/11
module type: - 
semester: n/i  

didactical methods:
 
assessment methods:
 
(A)=Adopted, (C)=Recommended textbooks: 
1. (A) Bodie, Kane, Marcus, Investments, McGraw-Hill, Boston, 2011, selected chapters indicated by the instructor

aims:
Introduction to the principles of investment analysis and valuation considering the main valuation methods both of financial securities (fiexed income and stocks) and of enterprises. This considering market data and case studies.

prerequisites:
Principles of finance and financial investments/securities and of financial mathematics.

content:
1. Investment valuation 2. The costo of capital 3. Marketss, investors and asset classes 4. Fixed income valuation and related yield, liquidity and risk indicators 5. Stock valuation and related yield, liquidity and risk indicators 6. Fundamental analysis 7. Valuation methods - Asset valuation - CAPM - Financial valuation methods - Discounted Cash Flow (DCF): FCF to equity and FCF to the firm - WACC - Adjusted Present Value (APV) - Abnormal Earnings Method 8. The use of leverage 9. Comparative case studies 
  
Istituzioni di diritto privato			
Prof. Enrico Damiani 

e-mail: damiani@unimc.it 

degree course: L10-0/14 	degree class: L-18
total hours of tuition: 60
European Credit Transfer and Accumulation System (ECTS): 9
Discipline Scientific Sector: IUS/01
module type: - 
semester: I Semestre 

didactical methods:
 
assessment methods:
 
(A)=Adopted, (C)=Recommended textbooks: 
1. (A) M. Paradiso, Corso di istituzioni di diritto privato, Giappichelli, Torino, 2014, 
2. (C) E. Del Prato, Le basi del diritto civile, Giappichelli, Torino, 2014, 

aims:
Knowledge of the institutions of private law with particular regard to the obligations and contracts

prerequisites:
Knowledge of the institutions of constitutional law and the main provisions of the Civil Code

content:
Legal system - Sources of law- The private law - The pursuance of law - Juridical events - Juridical relationships and their situations - The incidence of time about the events concerning the juridical relationship - Facts and legal transaction -  Jurisdictional tutelage and the test of legal facts - Natural persons - - Juridical persons and unrecognized bodies - Obligations - The events of obligations - Default and delay - The guarantees - The forming procedure of the contract- Substitution in contractual activity - Contract's unlawful - Execution of contract - Unlawful acts - Property - Possession - family and law; marriage; personal and property relations; testament; ereditary succession: general principles 
  
Istituzioni di diritto privato (vs)			
Prof. Francesco Bottoni 

e-mail: francesco.bottoni@unimc.it 

degree course: L10-0/14 	degree class: L-18
total hours of tuition: 60
European Credit Transfer and Accumulation System (ECTS): 9
Discipline Scientific Sector: IUS/01
module type: - 
semester: II Semestre 

didactical methods:
 
assessment methods:
 
(A)=Adopted, (C)=Recommended textbooks: 
1. (A) M. Paradiso, Corso di istituzioni di diritto privato, Giappichelli, Torino, 2014, Capitoli 2-4; 5-10; 11-19; 20-39; 41; 42; 45; 46; 47; 48; 50 par. 3; 51

aims:
The course aims to give an adequate knowledge of principles and rules of Private law.

prerequisites:
None.

content:
Introductory concepts. Legal relations. Natural persons. Intermediate communities. Property rights. Obligations. Contracts. Wrongful acts and civil liability. 
  
Istituzioni di diritto pubblico			
Prof. Giulio Salerno 

e-mail: salerno@unimc.it 

degree course: L10-0/14 	degree class: L-18
total hours of tuition: 60
European Credit Transfer and Accumulation System (ECTS): 9
Discipline Scientific Sector: IUS/09
module type: - 
semester: II Semestre 

didactical methods:
 
assessment methods:
 
(A)=Adopted, (C)=Recommended textbooks: 
1. (A) M. Mazziotti di Celso - G.M. Salerno, Istituzioni di diritto pubblico, Cedam, Padova, 2012, tutti i capitoli
2. (C) L. Califano - G.M. Salerno (a cura di), Lineamenti di diritto costituzionale della Regione Marche, Giappichelli, Torino, 2012, Capitolo IV: L'organizzazione regionale a carattere fondamentale

aims:
Italian public law

prerequisites:
-----------------------------

content:
- Law and legal regulations 
- State
- Forms of State and Government. The European Union
- Constitutional history of Italian State
- Sources of law. general principles
- Sources of law. 
- Basics of Italian Constitution
- Rights of freedom
- Conditions and institutions guaranteeing the rights
- The social and ethic matters
- The economic matters
- The political matters  
- Elections and referendums
- Parliament
- President of the Republic
- Government
- Public administrations. "Subsidiary bodies"
- Courts
- Regions and local authorities
- Constitutional Court 
  
Lab. economia e finanza delle imprese di assicurazioni			
Prof. Roy Cerqueti 

e-mail: roy.cerqueti@unimc.it 

degree course: M13-0/14, M13-BM/15 	degree class: LM-77
total hours of tuition: 20
European Credit Transfer and Accumulation System (ECTS): 3
Discipline Scientific Sector: SECS-S/06
module type: - 
semester: I Semestre 

didactical methods:
 
assessment methods:
 
(A)=Adopted, (C)=Recommended textbooks: 
1. (C) Spelta, Teoria Matematica delle Assicurazioni sulla Vita, Pitagora, Bologna, 2001, 

aims:
The aim of the course is to provide the key elements of Actuarial Mathematics.

prerequisites:
Calculus
Financial Mathematics
Statistics
Probability theory
Macroeconomic Theory
Microeconomic Theory

content:
Risk theory, loss and ruin probability, the concept of premium, dynamics of pension funds, mathematics for insurance in the case of damages, mathematical reserve. 
  
Lab. matematica 1			
Prof.ssa Elisabetta Michetti 

e-mail: elisabetta.michetti@unimc.it 

degree course: L10-0/08, L10-0/14 	degree class: L-18
total hours of tuition: 20
European Credit Transfer and Accumulation System (ECTS): 3
Discipline Scientific Sector: SECS-S/06
module type: - 
semester: I Semestre 

didactical methods:
 
assessment methods:
 
(A)=Adopted, (C)=Recommended textbooks: 
(to be specified) 

aims:
The course pursues the main instruments to use the software MATLAB to produce graphics of functions of one real variable. Economic applications are presented.

prerequisites:
Functions, Properties and Graphs

content:
Vectors and their operations, functions and their graphs using MATLAB, economic applications. 
  
Lab. matematica 2			
Prof.ssa Elisabetta Michetti 

e-mail: elisabetta.michetti@unimc.it 

degree course: L10-0/08, L10-0/14 	degree class: L-18
total hours of tuition: 20
European Credit Transfer and Accumulation System (ECTS): 3
Discipline Scientific Sector: SECS-S/06
module type: - 
semester: II Semestre 

didactical methods:
 
assessment methods:
 
(A)=Adopted, (C)=Recommended textbooks: 
(to be specified) 

aims:
The course pursues the main instruments to use the software MATLAB to solve unconstrained and constrained optimization problems and linear systems. Economic applications are presented.

prerequisites:
Linear algebra and two-variable functions

content:
Linear systems and solution using MatLab. Two-variable functions: plot with MatLab. Optimization toolbox. 
  
Lab. matematica finanziaria			
Prof. Roy Cerqueti 

e-mail: roy.cerqueti@unimc.it 

degree course: L10-0/08, L10-0/14 	degree class: L-18
total hours of tuition: 20
European Credit Transfer and Accumulation System (ECTS): 3
Discipline Scientific Sector: SECS-S/06
module type: - 
semester: I Semestre 

didactical methods:
 
assessment methods:
 
(A)=Adopted, (C)=Recommended textbooks: 
1. (A) Benninga, Modelli finanziari - la finanza con Excel 2/Ed, Mc Graw - Hill, Milano, 2010, 

aims:
The aim of the course is to develop peculiar aspects of Financial Mathematics, also by employing simulation analysis.

prerequisites:
The basic elements of Financial Mathematics and Calculus.

content:
Some particular aspects, usually not treated in the standard Mathematical Finance courses, on financial regimes, mortgages, loans, immunization, along with applications and simulations in Excel. 
  
Lab. sistemi contabili informatizzati			
Prof. Matteo Principi 

e-mail: matteo.principi@unimc.it 

degree course: L10-0/08, L10-0/14 	degree class: L-18
total hours of tuition: 20
European Credit Transfer and Accumulation System (ECTS): 3
Discipline Scientific Sector: SECS-P/07
module type: - 
semester: II Semestre 

didactical methods:
 
assessment methods:
 
(A)=Adopted, (C)=Recommended textbooks: 
(to be specified) 

aims:
Basic knowledge of account in companies applied through an EDP software.

prerequisites:
Accounting and management courses.

content:
Buy and sell invoices.
Inventory.
Fiscal laws.
VAT.
Financial statement. 
  
Laboratorio scienza delle finanze			
Prof. Leo fulvio Minervini 

e-mail: minervini@unimc.it 

degree course: L10-0/08, L10-0/14 	degree class: L-18
total hours of tuition: 20
European Credit Transfer and Accumulation System (ECTS): 3
Discipline Scientific Sector: SECS-P/03
module type: - 
semester: I Semestre 

didactical methods:
 
assessment methods:
 
(A)=Adopted, (C)=Recommended textbooks: 
1. (A) E. Longobardi, Economia tributaria, McGraw-Hill, Milano, 2009, 1 - 3, 6 - 9, 14, 15, 18

aims:
The aim is to provide students with basic instruments for economic analysis of taxation in modern fiscal systems.

prerequisites:
Basic knowldege of microeconomics is required.

content:
Part I - Fiscal system
- Taxation principles
- Taxes and market economy
- Fiscal burden

Parte II - Economic analysis of taxation
- Tax incidence
- Taxes on consumption goods
- Taxes on labour
- Taxes on capital

Part III - The most important Italian taxes
- Irpef (taxation on income)
- Iva (taxation on consumption) 
  
Lingua inglese			
Prof.ssa Patrizia Giampieri 

e-mail: patrizia.giampieri@unimc.it 

degree course: L10-0/14 	degree class: L-18
total hours of tuition: 40
European Credit Transfer and Accumulation System (ECTS): 6
Discipline Scientific Sector: L-LIN/12
module type: - 
semester: II Semestre 

didactical methods:
 
assessment methods:
 
(A)=Adopted, (C)=Recommended textbooks: 
1. (A) Patrizia Giampieri, Business English in a Nutshell, A. Curcio, Roma, 2011, 
2. (A) Patrizia Giampieri, Business English, Zanichelli, Bologna, 2013, 

aims:
The course is aimed at helping students improve their language skills (i.e. speaking, reading, listening and writing) to reach a B1 level (European reference framework) and be famililar with any business, economic and financial environment.

prerequisites:
Knowledge of English: A2 level (European reference framework).

content:
-Grammar  review
-Communicating by focussing on business, financial and economic matters.
-Business Telephoning.
-CV and letters of presentation.
-Business letters and emails.
-Sales terms and conditions: invoices and proforma invoices, payment in international commerce, (the letter of credit, the documentary credit), transport (consignment notes and other documents of transport, INCOTERMS), logistics.
-Listening activities (audio/videos exercises on business and financial matters).
-Reading exercises on business and financial topics. 
  
Lingua inglese (corso avanzato)			
Prof. Timothy james bethune Wills 

e-mail: tim@timwills.com 

degree course: M11-0/14 	degree class: LM-77
total hours of tuition: 40
European Credit Transfer and Accumulation System (ECTS): 6
Discipline Scientific Sector: L-LIN/12
module type: - 
semester: II Semestre 

didactical methods:
 
assessment methods:
 
(A)=Adopted, (C)=Recommended textbooks: 
(to be specified) 

aims:
Advanced class giving university students in Economics the opportunity to practice and improve their own written and oral communication skills while learning the formats required of an economics professional.

prerequisites:
CEFR (Common European Framework of Reference for Languages) B1 Level

content:
Advanced study of relevant vocabulary. Obtaining the necessary skills for an economics professional. Developing the ability to critically read & listen as well as to write & speak in an efficient and clear way. Developing an understanding of economics & the capacity to communicate this in English. Do a report & discuss "hot topics" in economics based on magazines & news articles. CV/interview techniques, giving a presentation, giving opinions. 
  
Macroeconomia			
Prof.ssa Raffaella Coppier 

e-mail: raffaella.coppier@unimc.it 

degree course: L10-EA/14, L10-EB/14, L10-ECI/14 	degree class: L-18
total hours of tuition: 40
European Credit Transfer and Accumulation System (ECTS): 6
Discipline Scientific Sector: SECS-P/01
module type: - 
semester: I Semestre 

didactical methods:
 
assessment methods:
 
(A)=Adopted, (C)=Recommended textbooks: 
1. (A) Gustavo Piga, Lezioni di Macroeconomia, Giappichelli, Torino, 2009, 
2. (C) Steven Landsburg, Macroeconomics, Mcgraw-Hill College, New York, 1996, 640

aims:
The aim of this course is to give a complete description of the basic concepts of national accounting and of macroeconomics paying particular attention to the debate between the neoclassical and keynesian schools .

prerequisites:
Microeconomics

content:
National Accounts
Intertemporal consumer choice
Neoclassical economics
Investment function
Labour market
Money market
The Keynesian economics: the equilibrium IS-LM
Aggregate supply
The Keynesian macroeconomic equilibrium
Elements of International Economics. 
  
Macroeconomia (vs)			
Prof.ssa Raffaella Coppier 

e-mail: raffaella.coppier@unimc.it 

degree course: L10-EA/14, L10-EB/14, L10-ECI/14 	degree class: L-18
total hours of tuition: 40
European Credit Transfer and Accumulation System (ECTS): 6
Discipline Scientific Sector: SECS-P/01
module type: - 
semester: II Semestre 

didactical methods:
 
assessment methods:
 
(A)=Adopted, (C)=Recommended textbooks: 
1. (A) Gustavo Piga, Lezioni di Macroeconomia, Giappichelli, Torino, 2009, 
2. (C) Steven Landsburg, Macroeconomics, Mcgraw-Hill College, New-york, 1996, 640

aims:
The aim is to give a complete description of the basic concepts of national accounting and of macroeconomics paying attention to the debate between neoclassical and keynesian schools and to the microeconomic foundations of macroeconomics.

prerequisites:
Microeconomis

content:
National Accounting
Intertemporal consumer choice
The neoclassical economics
Investment function
Labour market
Money market
The Keynesian economics: the equilibrium IS-LM
Aggregate supply
The Keynesian macroeconomic equilibrium
Elements of International Economics. 
  
Marketing e marketing internazionale			
Prof.ssa Elena Cedrola 

e-mail: elena.cedrola@unimc.it 

degree course: L10-ECI/08, L10-ECI/14 	degree class: L-18
total hours of tuition: 60
European Credit Transfer and Accumulation System (ECTS): 9
Discipline Scientific Sector: SECS-P/08
module type: - 
semester: I Semestre 

didactical methods:
 
assessment methods:
 
(A)=Adopted, (C)=Recommended textbooks: 
1. (A) Jim Blythe, Elena Cedrola, Fondamenti di marketing, Pearson Prentice Hall, Milano, 2013, Verranno indicati nel corso delle lezioni
2. (A) Elena Cedrola, Il marketing internazionale per le piccole e medie imprese, McGraw-Hill, Milano, 2005, 

aims:
To deepen the knowledge of principles of marketing and international marketing.

prerequisites:
Principles of Microeconomics
Principles of Business Administration

content:
The role of marketing in the firm
Consumer and buyer behaviour
Segmentation, targeting and positioning
Sales forecasting
The marketing information system
Market research
Marketing mix:
. product, branding and packaging
. pricing strategies
. distribution: selecting and managing distribution channels
. marketing communications, promotional tools and mix
Marketing planning, implementation and control
International marketing strategies
Different cultures and their impact on business
Interculture negotiation
International marketing mix
Quality certification and internationalization 
  
Marketing metrics			Mod. a
Prof. Roberto Del gobbo 

e-mail: roberto.delgobbo@unimc.it 

degree course: M11-CG/14 	degree class: LM-77
total hours of tuition: 40
European Credit Transfer and Accumulation System (ECTS): 6
Discipline Scientific Sector: SECS-P/08
module type: - 
semester: II Semestre 

didactical methods:
 
assessment methods:
 
(A)=Adopted, (C)=Recommended textbooks: 
1. (A) Farris P.W., Bendle N.T., Pfeifer P.E., Reibstein D.J., Marketing Metrics. Misurare e valutare le attività di marketing., Pearson Paravia Bruno Mondadori, Milano, 2008, Capitoli da 1 a 5

aims:
Acquire the skills to understand and use the key indicators of marketing

prerequisites:
Basic marketing

content:
The concept of "metrics"
The Marketing Information System
Market share and its decomposition
Margins and break-even analysis
Pricing analysis: price waterfall and pocket price
New product sales forecasting
Product portfolio management
Customer profitability analysis
Customer Lifetime Value
Customer Equity
ROMI (Return on Marketing Investment) 
  
Marketing metrics			Mod. b
Prof.ssa Sabrina Memmo 

e-mail: sabrina.memmo@unimc.it 

degree course: M11-CG/14 	degree class: LM-77
total hours of tuition: 20
European Credit Transfer and Accumulation System (ECTS): 3
Discipline Scientific Sector: SECS-P/08
module type: - 
semester: II Semestre 

didactical methods:
 
assessment methods:
 
(A)=Adopted, (C)=Recommended textbooks: 
1. (A) Farris P.W., Bendle N.T., Pfeifer P.E., Reibstein D.J., Marketing Metrics. Misurare e valutare le attività di marketing., Pearson Education editore, Torino, 2008, 
2. (C) Valdani E., Ancarani F., Marketing Metrics. Il marketing che conta., Egea, Milano, 2011, capitoli: 2,4,5,6,10

aims:
The course focuses on how to manage more effective indicators for measuring the impact of marketing actions on corporate profitability.

prerequisites:
marketing, business administration, economics

content:
The concept of measurement: latent and manifest variables, performance indicators
 - The relationship between marketing and accounting measurements
 - The marketing information system as a prerequisite for the construction of marketing metrics
 - The key metrics relating to the following areas:
         the competitive position
         the customer management 
         the product portfolio management
         the management of sales force
         the pricing strategies
         the promotional activities
         the communication activities
 
 - The construction of marketing dashboards 
  
Matematica generale			
Prof.ssa Cristiana Mammana 

e-mail: mammana@unimc.it 

degree course: L10-0/14 	degree class: L-18
total hours of tuition: 80
European Credit Transfer and Accumulation System (ECTS): 12
Discipline Scientific Sector: SECS-S/06
module type: - 
semester: n/i  

didactical methods:
 
assessment methods:
 
(A)=Adopted, (C)=Recommended textbooks: 
1. (C) G.C. Barozzi, C. Corradi, Matematica Generale per le Scienze Economiche, Il Mulino, Bologna, 1999, 
2. (C) C. Simon, L.E. Blume, Matematica per l'Economia e le Scienze Sociali, Università Bocconi Editore (trad. it. a cura di A. Zaffaroni), Milano, 2002, Volume 1 e 2
3. (C) E. Castagnoli, L. Peccati, Matematica per l'Analisi Economica, Etas libri, Milano, 1985, 
4. (C) Angelo Guerraggio, Matematica, Pearson (collana Prentice Hall), Milano, 2009, Capitoli 1-12 e 14-17
5. (C) C.P. Simon & L.E. Blume, Mathematics for Economists, W. W. Norton, New York, 1994, 
6. (C) A.Torriero, M. Scovenna, L. Scaglianti, Manuale di Matematica Metodi e applicazioni, CEDAM, Milano, 2009, 

aims:
The course pursues the main instruments to study functions of one real variable. The course also pursues the main instruments to the study of functions of two real variables and to find their extrema and to solve linear systems.

prerequisites:
Logic, sets and relations, elementary algebra, equations, inequalities, trigonometry, elementary functions.

content:
Functions, limits and continuity, differentiation: rules and derivatives of standard functions, graphics. Vectors and matrices, matrix operations, linear systems, optimization of functions of two variables and optimization with equality constraints, integration, fundamental theorem and integration methods. 
  
Matematica generale 1 (vs)			
Prof.ssa Elisabetta Michetti 

e-mail: elisabetta.michetti@unimc.it 

degree course: L10-0/14 	degree class: L-18
total hours of tuition: 40
European Credit Transfer and Accumulation System (ECTS): 6
Discipline Scientific Sector: SECS-S/06
module type: - 
semester: I Semestre 

didactical methods:
 
assessment methods:
 
(A)=Adopted, (C)=Recommended textbooks: 
1. (C) G. C. BAROZZI - C. CORRADI, Matematica Generale per le Scienze Economiche, Il Mulino, Bologna, 1999, Capitoli 0,1,2,4,5
2. (C) Angelo Guerraggio, Matematica, Pearson (Prentice Hall), Milano, 2009, Capitoli 1-4 e 6-9
3. (C) A.Torriero, M. Scovenna, L. Scaglianti, Manuale di Matematica Metodi e applicazioni, CEDAM, Milano, 2009, 1-2-3-4-5-6-7
4. (C) C.P. Simon & L.E. Blume, Mathematics for Economists, W. W. Norton, New York, 1994, 

aims:
The course pursues the main instruments to study functions of one real variable.

prerequisites:
Logic, sets and relations, equations, inequalities, elementary functions.

content:
Functions, limits and continuity, differentiation: rules and derivatives of standard functions, graphics. 
  
Matematica generale 2 (vs)			
Prof.ssa Carolina Latini 

e-mail: carolina.latini@istruzione.it 

degree course: L10-0/14 	degree class: L-18
total hours of tuition: 40
European Credit Transfer and Accumulation System (ECTS): 6
Discipline Scientific Sector: SECS-S/06
module type: - 
semester: II Semestre 

didactical methods:
 
assessment methods:
 
(A)=Adopted, (C)=Recommended textbooks: 
1. (C) G. C. BAROZZI - C. CORRADI, Matematica Generale per le Scienze Economiche, Il Mulino, Bologna, 1999, Capitoli 2,6,7
2. (C) Angelo Guerraggio, Matematica, Pearson (Prentice Hall), Milano, 2009, Capitoli 10, 11 e 14
3. (C) A.Torriero, M. Scovenna, L. Scaglianti, Manuale di Matematica Metodi e applicazioni, CEDAM, Milano, 2009, 8-9-11-12
4. (A) C.P. Simon & L.E. Blume, Mathematics for Economists, W. W. Norton, New York, 1994, 

aims:
The course pursues the main instruments to the study of functions of two
real variables and to find their extrema.

prerequisites:
Arguments of the course "Matematica Generale 1 (vs)"

content:
Exponential and logartimic functions. Matrices, optimization of functions of
two variables and optimization with equality constraints. Integration. 
  
Mathematical methods for economics and finance			Mod. a
Prof.ssa Elisabetta Michetti 

e-mail: elisabetta.michetti@unimc.it 

degree course: M13-IFE/15 	degree class: LM-77
total hours of tuition: 40
European Credit Transfer and Accumulation System (ECTS): 6
Discipline Scientific Sector: SECS-S/06
module type: - 
semester: II Semestre 

didactical methods:
 
assessment methods:
 
(A)=Adopted, (C)=Recommended textbooks: 
1. (C) C. P. SIMON - L. E. BLUME, Mathematics for Economists, W W Norton & Co Inc, Londra, 1994, 

aims:
The course pursues the instruments to formalize and solve problems in economics and finance.

prerequisites:
Basic Mathematics

content:
(1) Eigenvalues and eigenvectors of matrices
(2) Dynamical systems
(3) Unconstrained and constrained optimization
(4) MatLab 
  
Mercati e investimenti immobiliari			
Prof. Massimo Biasin 

e-mail: massimo.biasin@unimc.it 

degree course: L10-EB/08, L10-EB/14 	degree class: L-18
total hours of tuition: 40
European Credit Transfer and Accumulation System (ECTS): 6
Discipline Scientific Sector: SECS-P/11
module type: - 
semester: I Semestre 

didactical methods:
 
assessment methods:
 
(A)=Adopted, (C)=Recommended textbooks: 
1. (A) D. Ling, W. Archer, Real Estate Principles: A Value Approach., McGrawHill-Irwin, Upper Saddle River, New Jersey, 2012, I capitoli di riferimento verranno indicati dal docente con avviso nella pagina web del corso.
2. (A) M. Biasin, L'investimento immobiliare, Il Mulino, Bologna, 2005, Capp. 1 (no par. 4); 2;

aims:
Organic overview of the structure & size of the real estate (RE) market. Illustration of the benefits of wealth's diversification in RE by debating investment options. Links between capital & RE markets via RE valuation models & market data

prerequisites:
Students are required to be familiar with financial instruments and capital markets' structure. Students are expected to know the basics of portfolio theory.
Links to: Capital Markets.

content:
1. Real estate (RE) assets and markets: structure & segmentation.
2. Space & Property-Market.
3. Real estate peculiarities as asset class.
4. Investment options: property and equity real estate.
5. Italian Real Estate Investment Trusts: Characteristics & Peculiarities.
6. Real estate assets' valuation principles.
7. Measuring risk and return of RE assets.
8. Intersectorial diversification issues. 
  
Mercati ed investimenti mobiliari			
Prof. Massimo Biasin 

e-mail: massimo.biasin@unimc.it 

degree course: L10-EB/08, L10-EB/14 	degree class: L-18
total hours of tuition: 40
European Credit Transfer and Accumulation System (ECTS): 6
Discipline Scientific Sector: SECS-P/11
module type: - 
semester: II Semestre 

didactical methods:
 
assessment methods:
 
(A)=Adopted, (C)=Recommended textbooks: 
1. (A) Banfi Alberto (a cura di), Mercati e gli strumenti finanziari, Isedi, Torino, 2013, I capitoli verranno segnalati a lezione.
2. (C) Anolli Mario, Elementi di Economia del Mercato Mobiliare, Il Mulino, Bologna, 2001, I capitoli di riferimeno verranno segnalati a lezione.

aims:
Introduction to the microstructure of the secondary financial markets, securities and trading venues. Presentation of the main tecnical features and valuation principles of the financial assets.

prerequisites:
Principles of microeconomics, of Financial intermediaries and Financial mathematics.

content:
1. Functions of the capital markets:
primary and secondary markets
2. Main financial secuirities listed on the Exchange Markets
3. Microstrucutre of the capital markets
4. The organization of the Italian regulated financial markets 
5. Investment services
6. The security industry
7. Financial investments in a portfolio context 
  
Metodi matematici per l'economia e la finanza			
Prof.ssa Cristiana Mammana 

e-mail: mammana@unimc.it 

degree course: M13-0/14, M13-BM/15 	degree class: LM-77
total hours of tuition: 40
European Credit Transfer and Accumulation System (ECTS): 6
Discipline Scientific Sector: SECS-S/06
module type: - 
semester: I Semestre 

didactical methods:
 
assessment methods:
 
(A)=Adopted, (C)=Recommended textbooks: 
1. (C) De Cesare M. L., Maddalena M. R., Introduzione alla programmazione lineare, Giappichelli, Torino, 2001, 
2. (C) C. P. SIMON - L. E. BLUME, Matematica 2 per l'economia e le scienze sociali, Università Bocconi, Milano, 2002, 
3. (C) C. P. SIMON - L. E. BLUME, Mathematics for Economists, W W Norton & Co Inc, Londra, 1994, 

aims:
The course pursues the instruments to formalize and solve linear programming also using the software MATLAB.

prerequisites:
Contains of the course "Matematica Generale"

content:
Linear programming, geometric and simplex methods, duality and sensitivity. Optimization with and without constraints. Economic applications and solution with MATLAB by using the optimization toolbox. 
  
Microeconomia			Microeconomia - mod. a
Prof. Stefano Perri 

e-mail: perri@unimc.it 

degree course: L10-0/14 	degree class: L-18
total hours of tuition: 40
European Credit Transfer and Accumulation System (ECTS): 6
Discipline Scientific Sector: SECS-P/01
module type: - 
semester: n/i  

didactical methods:
 
assessment methods:
 
(A)=Adopted, (C)=Recommended textbooks: 
1. (A) S. Marconi e S. Perri, Prezzi relativi e prezzi assoluti, dispense, Lecce, 2014, 

aims:
The course aims to highlight the key issues of the economic theory an of the theory of prices, in a historical and theoretical perspective.

prerequisites:
It is a preliminary course. Basic knowledge of algebra and history is required.

content:
The course deals with the historical development of the theories of prices, from the Physiocrats, to the classical economists' and Marx's theories of value and surplus up to the neoclassic theories, based on the analysis of the behaviour of consumers and firms, of marginal utility and to the resumption of the classical approach by Piero Sraffa. Wicksell's theory of interest and the keynesian theory is finally developed. 
  
Microeconomia			Microeconomia - mod. b
Prof. Luca De benedictis 

e-mail: luca.debenedictis@unimc.it 

degree course: L10-0/14 	degree class: L-18
total hours of tuition: 40
European Credit Transfer and Accumulation System (ECTS): 6
Discipline Scientific Sector: SECS-P/01
module type: - 
semester: n/i  

didactical methods:
 
assessment methods:
 
(A)=Adopted, (C)=Recommended textbooks: 
1. (C) Stefano Staffolani, Microeconomia, Mc Graw Hill, Milano, 2011, prima edizione
2. (C) Luca De Benedictis, Giulio Palomba, Stefano Staffolani, Microeconomia, Mc Graw Hill, Milano, 2015, Capitoli scelti
3. (C) Tim Harford, L'economista mascherato, BUR, Milano, 2016, 

aims:
The course introduces students to understand and use the basic concepts of microeconomics.

prerequisites:
Microeconomics and Basic Calculus

content:
1. Introduction to microeconomics 
2. The theory of choice 
2bis. The behavior of the firm 
3. The behavior of individuals 
4. Market partial equilibrium 
5. General Equilibrium 
6. Monopoly 
7. Product differentiation 
8. The absence of market power 
9. Asymmetric information 
10. Game theory 
11.Externalities and public goods 
12. The role of social interactions. 
  
Organizzazione aziendale			
Prof. Federico Niccolini 

e-mail: fniccolini@unimc.it 

degree course: L10-EA/08, L10-EA/14 	degree class: L-18
total hours of tuition: 60
European Credit Transfer and Accumulation System (ECTS): 9
Discipline Scientific Sector: SECS-P/10
module type: - 
semester: I Semestre 

didactical methods:
 
assessment methods:
 
(A)=Adopted, (C)=Recommended textbooks: 
1. (A) DAFT R. L, Organizzazione aziendale (5 Edizione), Apogeo, Milano, 2013, Capitoli 1-8; 10-12
2. (A) MORGAN G, Images. Le metafore dell'organizzazione, FrancoAngeli, Milano, 1999, Capitoli 2 e 3 incluse note di fine testo dei capitoli 2 (da pagina  473 a pagina 478)

aims:
The course is aimed to improve organizational skills of the students and to provide them tools in order to critically analyze organizational and competitive dynamics.

prerequisites:
Business administration

content:
Distinctive organizational capabilities.  Organizational dimensions.  Mechanistic and organic paradigm and model.  Strategy.  Mission and intent.  Open system theory.  Different strategic approaches.  Organizational Structure.  Organization design alternatives.  The external environment and uncertainty.  Global environment.  Relationship between structure and environment. Interorganizational relationships and networks.  Technologies.  IT.  Organizational culture and typologies.  Business ethic and CSR.  Learning organization.  Decision-Making Processes.  Bonded rationality perspective. The role of intuition.  Organizational innovation. 
  
Pianificazione fiscale internazionale			
Prof. Giuseppe Ripa 

e-mail: G.RIPA@UNIMC.IT 

degree course: M11-0/14 	degree class: LM-77
total hours of tuition: 40
European Credit Transfer and Accumulation System (ECTS): 6
Discipline Scientific Sector: IUS/12
module type: - 
semester: II Semestre 

didactical methods:
 
assessment methods:
 
(A)=Adopted, (C)=Recommended textbooks: 
1. (A) G. Ripa, La fiscalità d'impresa, CEDAM, Padova, 2011, 

aims:
nessuno

prerequisites:
nessuno

content:
nessuno 
  
Politica economica			
Prof. Paolo Ramazzotti 

e-mail: ramazzotti@unimc.it 

degree course: L10-EA/08, L10-EA/14, L10-ECI/08, L10-ECI/14 	degree class: L-18
total hours of tuition: 40
European Credit Transfer and Accumulation System (ECTS): 6
Discipline Scientific Sector: SECS-P/02
module type: - 
semester: I Semestre 

didactical methods:
 
assessment methods:
 
(A)=Adopted, (C)=Recommended textbooks: 
1. (A) N. Acocella [in alternativa al testo di Marelli e Signorini], Politica economica e strategie aziendali, Carocci, Roma, 2011, tutto, esclusi il par. 3.6 e i capp. 4, 5, 9 e 14
2. (A) E. Marelli, M. Signorini [in alternativa al testo di Acocella], Politica economica. Le politiche nel nuovo scenario europeo e globale, G. Giappichelli, Torino, 2015, 
3. (C) M. Mazzucato, Lo stato innovatore, Laterza, Roma-Bari, 2013, 
4. (C) G. Ruffolo, S. Sylos Labini, Il film della crisi. La mutazione del capitalismo, Einaudi, Torino, 2012, 
5. (C) A.E. Carra, Più uguaglianza, più benessere. Percorsi possibili in tempi di crisi, Ediesse, Roma, 2014, 

aims:
The course focuses on the scope and the means of public action in economies such as the Italian and The European ones.

prerequisites:
basic microeconomics and macroeconomics

content:
1. Political economy and economic policy 
2. Efficiency, equity and social justice
3. Comparing economic theories 
4. Economic policy models
5. Fiscal Policy
6. Monetary Policy
7. Redistributive policies
8. International trade and exchange rate policies 
9. The European integration
10. The Italian economy 
  
Portfolio theory			
Prof. Roy Cerqueti 

e-mail: roy.cerqueti@unimc.it 

degree course: M13-IFE/15 	degree class: LM-77
total hours of tuition: 40
European Credit Transfer and Accumulation System (ECTS): 6
Discipline Scientific Sector: SECS-S/06
module type: - 
semester: I Semestre 

didactical methods:
 
assessment methods:
 
(A)=Adopted, (C)=Recommended textbooks: 
1. (A) Hull, Options, Futures, and Other Derivatives 9th Ed, Pearson, Upper Saddle River, New Jersey, 2014, 

aims:
The scope of this course is to provide a quantitative skillout regarding portfolio theory and finance, with a particular focus on the probabilistic methods

prerequisites:
Mathematics - basic courses
Statistics
Classical financial mathematics

content:
Stochastic processes, random amounts, mean-variance framework, portfolio selection, Markowitz' model, stochastic dominance. 
  
Principi contabili nazionali ed internazionali			
Prof. Andrea Fradeani 

e-mail: a.fradeani@unimc.it 

degree course: M11-CP/14 	degree class: LM-77
total hours of tuition: 60
European Credit Transfer and Accumulation System (ECTS): 9
Discipline Scientific Sector: SECS-P/07
module type: - 
semester: II Semestre 

didactical methods:
 
assessment methods:
 
(A)=Adopted, (C)=Recommended textbooks: 
1. (A) Andrea Fradeani, Matteo Principi e Simone Giuggioloni, Scegliere i principi contabili internazionali. Convenienza, procedura e problematiche del passaggio agli IFRS., Giuffrè, Milano, 2013, 
2. (C) Aa. Vv., Il bilancio d'esercizio in XBRL. Redazione, deposito e utilizzo del rendiconto digitale., IPSOA Wolters Kluwer, Milano, 2011, Capitoli 1, 2 e 3

aims:
The aim of the course is to understand and compare the Italian GAAP and the International Financial Reporting Standards (IFRS).

prerequisites:
Business Administration; Accounting. The principles and logic underlying the preparation of financial statements.

content:
1. Financial statements and accounting principles.

2. Comparing accounting models: Italian GAAP vs. IFRS.

3. The most important standards.

4. From Italian GAAP to IFRS and vice versa.

5. Introduction and basics of XBRL. 
  
Programmazione e controllo e analisi dei costi			Programmazione e controllo e analisi dei costi - mod. a
Prof. Nicola giuseppe Castellano 

e-mail: nicola.castellano@unimc.it 

degree course: L10-EA/08, L10-EA/14 	degree class: L-18
total hours of tuition: 60
European Credit Transfer and Accumulation System (ECTS): 9
Discipline Scientific Sector: SECS-P/07
module type: - 
semester: I Semestre 

didactical methods:
 
assessment methods:
 
(A)=Adopted, (C)=Recommended textbooks: 
1. (A) Cinquini L., Strumenti per l'analisi dei costi - vol I, Giappichelli, Torino, 2008, Libro intero
2. (A) Marasca S., Marchi L., Riccaboni A., Controllo di gestione, Metodologie e strumenti, Knowità, Arezzo, 2013, 5, 6, 10, 11, 12, 13, 17, 18, 19, 25, 28, 29
3. (A) Brusa L., Dezzani F., Budget e controllo di gestione, Giuffré, Milano, 1983, Parte prima e cap. IX

aims:
The course aims to describe the management control systems; the budgeting framework (process, structure and variance analysis) and the basic methodologies related to cost accounting.

prerequisites:
The student should approach this course after having attended the courses of Economia Aziendale and Ragioneria

content:
Management control systems
Strategic planning
The definition of budget
Budget of sales
Production budget
Investment and cash budget
The master budget
Reporting systems
Performance measurement systems (introduction)
Management accounting and costs
The break-even analysis
Product costing and cost accounting
Activity based costing
Cost accounting supporting decisions: direct costing 
  
Programmazione e controllo e analisi dei costi			Programmazione e controllo e analisi dei costi - mod. b
Prof.ssa Francesca Bartolacci 

e-mail: francesca.bartolacci@unimc.it 

degree course: L10-EA/08, L10-EA/14 	degree class: L-18
total hours of tuition: 20
European Credit Transfer and Accumulation System (ECTS): 3
Discipline Scientific Sector: SECS-P/07
module type: - 
semester: I Semestre 

didactical methods:
 
assessment methods:
 
(A)=Adopted, (C)=Recommended textbooks: 
1. (A) Marasca S., Marchi L., Riccaboni A.,, Controllo di gestione, Metodologie e strumenti., Knowita, Arezzo, 2013, capp. 5, 6, 10, 11, 12, 13, 17, 18, 19, 25, 28, 29
2. (A) Brusa L., Dezzani F.,, Budget e controllo di gestione, Giuffrè, Milano, 1983, Parte I e cap. 9
3. (A) Cinquini L.,, Strumenti per l'analisi dei costi. Vol. I, Giappichelli, Torino, 2013, 

aims:
The course aims to describe the management control systems; the budgeting framework (process, structure and variance analysis) and the basic methodologies related to cost accounting.

prerequisites:
Knowledge of Business Administration and Accounting.

content:
Management control systems
Strategic planning
The definition of budget
Budget of sales
Production budget
Investment and cash budget
The master budget
Reporting systems
Performance measurement systems (introduction)
Management accounting and costs
The break-even analysis
Product costing and cost accounting
Activity based costing
Cost accounting supporting decisions: direct costing 
  
Ragioneria			
Prof. Ermanno Zigiotti 

e-mail: zigiotti@unimc.it 

degree course: L10-0/14 	degree class: L-18
total hours of tuition: 80
European Credit Transfer and Accumulation System (ECTS): 12
Discipline Scientific Sector: SECS-P/07
module type: - 
semester: n/i  

didactical methods:
 
assessment methods:
 
(A)=Adopted, (C)=Recommended textbooks: 
1. (A) Luciano Marchi, Contabilità d'impresa e valori di bilancio 5° edizione, Giappichelli, Torino, 2013, 
2. (A) Alberto Quagli, Bilancio di esercizio e principi contabili 6° edizione, Giappichelli, Torino, 2013, 
3. (C) Donald E. KIESO, Jerry J. WEYGANDT, Terry D. WARFIELD, INTERMEDIATE ACCOUNTING, 15th Edition, Wiley, English, 2013, 

aims:
double-entry bookeeping and balance sheet for corporations (ITA Gaap)

prerequisites:
Business Administration

content:
double entry bookeeping and balance sheet for corporations (ITA Gaap) 
  
Ragioneria (lavoratori)			
Prof. Bruno maria Franceschetti 

e-mail: bmfranceschetti@unimc.it 

degree course: L10-0/08, L10-0/14 	degree class: L-18
total hours of tuition: 80
European Credit Transfer and Accumulation System (ECTS): 12
Discipline Scientific Sector: SECS-P/07
module type: - 
semester: I Semestre 

didactical methods:
 
assessment methods:
 
(A)=Adopted, (C)=Recommended textbooks: 
1. (A) MARCHI LUCIANO, CONTABILITA' D'IMPRESA E VALORI DI BILANCIO 5 ed, Giappichelli, torino, 2013, 
2. (A) QUAGLI ALBERTO, Bilancio di esercizio e principi contabili. 5 ed, Giappichelli, torino, 2013, 

aims:
This course is designed to give students a practical knowledge of the principles and accounting rules which are the basis for understanding, preparing and analysing financial statements.

prerequisites:
Business Administration (Economia Aziendale)

content:
The content of the course can be summed up into the following points:
- double entry theory;
- local Gaap;
- presentation of financial statements. 
  
Revisione aziendale			Revisione aziendale (mod. a)
Prof. Andrea Fradeani 

e-mail: a.fradeani@unimc.it 

degree course: L10-EA/08, L10-EA/14 	degree class: L-18
total hours of tuition: 20
European Credit Transfer and Accumulation System (ECTS): 3
Discipline Scientific Sector: SECS-P/07
module type: - 
semester: II Semestre 

didactical methods:
 
assessment methods:
 
(A)=Adopted, (C)=Recommended textbooks: 
1. (A) Luciano Marchi, Revisione aziendale e sistemi di controllo interno, Giuffrè, Milano, 2012, 

aims:
The aim of the course is to provide students with a general overview of the basic concepts, themes, and issues of Auditing.

prerequisites:
The principles and logic underlying the preparation of financial statements.

content:
1. Introduction to Auditing.
2. The Audit Process.
3. Accounting Principles and Principles of Auditing.
4. Information Systems and Audit. 
  
Revisione aziendale			Revisione aziendale (mod. b)
Prof. Gianluca Geminiani 

e-mail: ggeminiani@kpmg.it 

degree course: L10-EA/08, L10-EA/14 	degree class: L-18
total hours of tuition: 40
European Credit Transfer and Accumulation System (ECTS): 6
Discipline Scientific Sector: SECS-P/07
module type: - 
semester: II Semestre 

didactical methods:
 
assessment methods:
 
(A)=Adopted, (C)=Recommended textbooks: 
1. (A) Da definire, Da definire, Da definire, Da definire, 2014, 

aims:
da definire

prerequisites:
da definire

content:
da definire 
  
Statistica			
Prof.ssa Luisa Scaccia 

e-mail: scaccia@unimc.it 

degree course: L10-0/14 	degree class: L-18
total hours of tuition: 60
European Credit Transfer and Accumulation System (ECTS): 9
Discipline Scientific Sector: SECS-S/01
module type: - 
semester: II Semestre 

didactical methods:
 
assessment methods:
 
(A)=Adopted, (C)=Recommended textbooks: 
1. (A) S. BORRA - A. DI CIACCIO, Statistica - Metodologie per le scienze economiche e sociali, McGraw-Hill, Milano, 2008, 1-4, 6, 8-14, 16-17
2. (C) DOMENICO PICCOLO, Statistica per le decisioni, Il Mulino, Bologna, 2004, capp. 1-7, 8-11, [12.1-12.6], [13.1-13.4], [14.1-14.4, 14.7- 14.8, 14.10], [15.1-15.4]  [18.1-18.9] [22.1-22.4]
3. (A) Anderson and Finn, The New Statistical Analysis of data, Springer, New York, 1996, 1, 2, 3, 4.1, 4.3, 4.4, 5.1, 6.1, 6.2, 7, 8, 9, 10.1-10.4, 11.1-11.5, 13.1, 15.1-15.3

aims:
This course aims at providing students with the statistical foundation. At the
end of the course, students will be able to perform simple univariate and bivariate
exploratory and inferential analysis.

prerequisites:
Mathematics.

content:
Brief introduction to the statistics and to the statistical approach.
Foundations of statistics for the study of univariate distribution: central
tendency, variability, asymmetry. Notion of probability: the Kolmogorov's
approach to the probability: primitive concepts, axioms and fundamental
theorems. Random variables and the most largely used random variables:
discrete variables Bernoulli, Binomial and Poisson; continuous variables
Normal, chi-square, Student t, Fisher.
Sample random variables: mean and variance. Estimators and their
properties: unbiasness, efficiency, consistency. Large numbers Weak-Law.
Confidence Interval for sample means with known and unknown variance. 
  
Storia del pensiero economico			
Prof. Stefano Perri 

e-mail: perri@unimc.it 

degree course: M13-0/14, M13-BM/15 	degree class: LM-77
total hours of tuition: 40
European Credit Transfer and Accumulation System (ECTS): 6
Discipline Scientific Sector: SECS-P/04
module type: - 
semester: II Semestre 

didactical methods:
 
assessment methods:
 
(A)=Adopted, (C)=Recommended textbooks: 
1. (A) Riccardo Faucci, Breve storia dell'economia politica, Giappichelli, Torino, 2006, 
2. (C) G. Vaggi and P. Groenewegen, AQ concise history of economic thought: from Merchantilism to Monetarism, Palgrave Macmillan, Houndmills, 2002, 

aims:
The course aims to supply students with a critical perspective to economic science through the knowledge of the evolution of the economic thought and its different theories and methodologies.

prerequisites:
Knowledge of the key issues of economic theory

content:
The origins of the economic science: Mercantilism, Italian economists and the Physiocrats
The building of the classical theory: Adam Smith
The classical economy in the nineteenth century: the theory of value and growth (Malthus, Sismondi, Ricardo).
Karl Marx's economic theory: continuity and critique of the classical political economy.
The 'marginalist revolution': its founding-fathers (Jevons, Menger and Walras) and the subsequent developments (the Austrian school and Alfred Marshall's theory of partial equilibrium). 
Marginalism in Italy: Maffeo Pantaleoni e Vilfredo Pareto.
The economic theory in the twentieth century: the macroeconomic theory of John M. Keynes and subsequent developments 
  
Storia economica			
Prof.ssa Maria grazia Pagnotta 

e-mail:  

degree course: L10-0/08, L10-0/14 	degree class: L-18
total hours of tuition: 40
European Credit Transfer and Accumulation System (ECTS): 6
Discipline Scientific Sector: SECS-P/12
module type: - 
semester: II Semestre 

didactical methods:
 
assessment methods:
 
(A)=Adopted, (C)=Recommended textbooks: 
1. (A) si veda file allegato con il programma, si veda file allegato con il programma, si veda file allegato con il programma, si veda file allegato con il programma, 2004, 

aims:
sarà definito con la facoltà

prerequisites:
sarà definito con la facoltà

content:
sarà definito con la facoltà 
  
Strategie aziendali			
Prof.ssa Antonella Paolini 

e-mail: paolini@unimc.it 

degree course: M11-0/14 	degree class: LM-77
total hours of tuition: 60
European Credit Transfer and Accumulation System (ECTS): 9
Discipline Scientific Sector: SECS-P/07
module type: - 
semester: I Semestre 

didactical methods:
 
assessment methods:
 
(A)=Adopted, (C)=Recommended textbooks: 
1. (A) Michele Galeotti, Stefano Garzella (a cura di), Governo strategico dell'azienda, Giappichelli, Torino, 2013, integralmente

aims:
The aim of the course is to provide students with a variety of  
perspectives on strategic management and issues surrounding the  
formulation and implementation of strategy.

prerequisites:
(none)

content:
The course will analyze the elements that characterize the business strategy.
1) The strategic management;
2) the strategic analysis;
3) competitive advantages;
4) corporate strategies;
5) strategies for business unit. 
  
Sviluppo economico e distribuzione del reddito			
Prof. Stefano Perri 

e-mail: perri@unimc.it 

degree course: M11-0/14 	degree class: LM-77
total hours of tuition: 40
European Credit Transfer and Accumulation System (ECTS): 6
Discipline Scientific Sector: SECS-P/01
module type: - 
semester: I Semestre 

didactical methods:
 
assessment methods:
 
(A)=Adopted, (C)=Recommended textbooks: 
1. (C) D. K. Foley and T.R. Michl, Growth and distribution, Harvard University Press, London, 1999, 

aims:
This corse aims to supply students with the knowledge of the different approaches to distribution of income and economic growth and their interactions.

prerequisites:
Knowledge of the key issues of economic theory

content:
First we study the different theories of distribution of income. In particular the 
Classical theories based on surplus and the neoclassical theories based on marginal productivity are analysed.
Then the different theories of economic growth are studied, focusing on Classical, Marxian, Neo-Classical, Keynesian and Post-Keynesian models.
The different approaches to technical change and its effect on growth, employment and income distribution are then developed.
Eventually trends of the developed economies in the last decades are studied. 
  
Tecnica professionale			
Prof. Fabio Pierantoni 

e-mail: fabio.pierantoni@unimc.it 

degree course: M11-CP/14 	degree class: LM-77
total hours of tuition: 40
European Credit Transfer and Accumulation System (ECTS): 6
Discipline Scientific Sector: SECS-P/07
module type: - 
semester: II Semestre 

didactical methods:
 
assessment methods:
 
(A)=Adopted, (C)=Recommended textbooks: 
1. (A) ALESSANDRO DANOVI-ALBERTO QUAGLI, CRISI AZIENDALI E PROCESSI DI RISANAMENTO, IPSOA, MILANO, 2012, 544

aims:
THE COURSE AIMS AT LEARNING OF THE TECHNIQUE-ADMINISTRATIVE KNOWLEDGE TO PRACTISE THE ACCOUNTING PROFESSION

prerequisites:
Esami di Economia Aziendale, RAgioneria, Diritto COmmerciale.

content:
Bilancio di aziende in periosdi di crisi: analisi delle aree più a rischio;
Bilancio in forma X-BRL;
PAtrimoni destinati ad uno specifico affare e finanziamenti destinati ad uno specifico affare: aspetti contabili e civilistici;
Responsabilità penale-amministrativa delle imprese ex D.Lgst. 231/2011;
Il ruolo del Curatore fallimentare;
Nuovi strumenti per la risoluzione di crisi di imprese: Concordato prefallimentare e Accordi di Ristrutturazione di impresa;
I Patti di Famiglia;
il Trust nel passaggio generazionale delle imprese.di
NUovi strumenti di comunicazione delle imprese con vari enti : Pec, Smart Card e firma digitale, COmunica presso la CCIAA;
ASpetti organizzativi e amministrativi di un'aziend 
  
Valutazione d'azienda ed operazioni straordinarie			Mod. operazioni straordinarie
Prof. Fabrizio Micozzi 

e-mail: fabrizio.micozzi@unimc.it 

degree course: M11-CG/14, M11-CP/14 	degree class: LM-77
total hours of tuition: 60
European Credit Transfer and Accumulation System (ECTS): 9
Discipline Scientific Sector: SECS-P/07
module type: - 
semester: n/i  

didactical methods:
 
assessment methods:
 
(A)=Adopted, (C)=Recommended textbooks: 
1. (A) GIUSEPPE SAVIOLI, Le operazioni di gestione straordinaria, GIUFFRE', MILANO, 2012, TUTTO IL VOLUME

aims:
Objective: to know the principals profiles - strategical, economic,fiscal and bookkeeping aspects - of some important extraordinary operations. 
Requisite: to know the principals profiles of firms, of societies and of the accounting.

prerequisites:
To know the principals profiles - above all juridical, economic, bookkeeping aspects (nationals and internationals) - of the companies

content:
Contained: systemic analysis of the strategic/economic profiles, juridical, fiscal and bookkeeping of the transformation, M&A operations, liquidation and of the international bookkeeping principle 3 (business combinations).
Focus on real business cases. 
  
Valutazione d'azienda ed operazioni straordinarie			Mod. valutazione d'azienda
Prof. Pierpaolo Ceroli 

e-mail:  

degree course: M11-CP/14 	degree class: LM-77
total hours of tuition: 20
European Credit Transfer and Accumulation System (ECTS): 3
Discipline Scientific Sector: SECS-P/07
module type: - 
semester: n/i  

didactical methods:
 
assessment methods:
 
(A)=Adopted, (C)=Recommended textbooks: 
1. (A) Ceroli P. - Marchegiani A. - Natalucci G. - Ruggieri M. - Spreca L., Valutazione d'Azienda e Operazioni Straordinarie, Giuffré, Milano - Seconda Edizione, 2012, 6

aims:
the course means to provide students of operative and conceptual instruments for the company valuation.

prerequisites:
it is already considered acquired the principles and fundamentals of the preparation of financial statements and knowledge of financial mathematics.

content:
course program:
- company valutazion: business and economic sense and methodological limits;
- methods for business valuation;
- business cases 
  
Valutazione delle performance aziendali e comportamento manageriale			Mod. comportamento manageriale
Prof. Federico Niccolini 

e-mail: fniccolini@unimc.it 

degree course: M11-CG/14, M11-CP/14 	degree class: LM-77
total hours of tuition: 60
European Credit Transfer and Accumulation System (ECTS): 9
Discipline Scientific Sector: SECS-P/10
module type: - 
semester: n/i  

didactical methods:
 
assessment methods:
 
(A)=Adopted, (C)=Recommended textbooks: 
1. (A) KREITNER R., KINICKI A., Comportamento Organizzativo. Dalla teoria all'esperienza, Apogeo, Milano, 2013, Capitoli 1-6, 8, 10--17 (pagg. 1-135; 161-186, 213-426)
2. (A) SENGE P., La quinta disciplina, Sperling & Kupfer, Milano, 2006, Capitoli 1, 2, 10 (pagine 3-30, 218-246)
3. (A) Noe R., Hollenbeck J., Gerhart B., Wright P., Gestione delle risorse umane, II ed., Apogeo, Milano, 2012, Capitoli 5 e 8 (pagg. 153-179, 277-309)
4. (A) KREITNER R. & KINICKI A., Organizational Behavior (9th edition), The McGraw-Hill Companies, Irwin: New York, 2010, Chapters 1-6, 10-16
5. (A) SENGE P., The Fifth Discipline, andom House Business Books., London, 2006, Chapters 1,2, 10
6. (A) NOE R. A., HOLLENBECK J. R., GERHART B., WRIGHT P. M., Human Resource Management (7th edition), The McGraw-Hill Companies, New York, 2010, Chapters 5 and 9

aims:
The course is aimed to improve managerial skills and the knowledge of managerial behavior, organizational learning, system thinking and human resources management of the students, also trough working group activities and field visits.

prerequisites:
Organizational Theory

content:
Organizational behavior. Developing person-oriented competencies. The role of the manager. Business ethic. Diversity management. Organizational culture, social linkages and mentoring. Intercultural management. Individual differences. Personality and emotions. Values, behaviors, skills and workers' satisfaction. Team working and dynamics. Management of conflicts. Empowerment. Organizational communication. Leadership. Personal mastery. Mental models. Shared vision. Organizational learning. System thinking. Individual and organizational learning. Selection processes. The applicative part of the course will be based on team works and visits to a private company. 
  
Valutazione delle performance aziendali e comportamento manageriale			Mod. valutazione delle performance aziendali
Prof. Nicola giuseppe Castellano 

e-mail: nicola.castellano@unimc.it 

degree course: M11-CG/14 	degree class: LM-77
total hours of tuition: 40
European Credit Transfer and Accumulation System (ECTS): 6
Discipline Scientific Sector: SECS-P/07
module type: - 
semester: n/i  

didactical methods:
 
assessment methods:
 
(A)=Adopted, (C)=Recommended textbooks: 
1. (A) Castellano N., La misurazione delle performance nelle piccole imprese, Giappichelli, Torino, 2012, 

aims:
The course aims to describe the main issues related to Performance Measurement Systems and their most suitable operating environments in small, medium and large companies.

prerequisites:
None

content:
Performance Measurement Systems (PMS): Origins and basic characteristics
The most significant theoretical proposals:
- The Tableau de bord
- The SMART model
- The Balanced Scorecard
- The Intangible Asset Monitor
- The Performance Prism
The PMS as drivers of companies cultural growth
Management control systems in small companies
PMS in small companies
The CUBE measurement system. Conceptual Development
Case Study Analysis