Programs od the Departement of Economics and Law in English

Analisi degli investimenti			
Prof. Giovanni Bandera 

e-mail:  

degree course: M13-0/08 	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:
Classroom Lectures
Practice Course

assessment methods:
Written Examination

(A)=Adopted, (C)=Recommended textbooks: 
1. (A) Beccalli Elena, Frantz Pascal, Analisi e valutazione degli investimenti, Carocci editore, Roma, 2013, 327

aims:
The purpose of the course is to provide students with base analysis intruments to evaluate financial investments

prerequisites:
- Basics of Corporate Finance 
- Basics of financial statement analysis
- Financial structure of the company 
- The basic contents of financial brokerage activity 
- Knowledge of the main instruments and financial markets

content:
1. Investments evaluation
2. Cost of capital
3. Investment decisions and financing
4. Preliminary analysis and performance forecast
5. Investing in financial instruments
6. Base analysis for investments in equity
7. Evaluation methods
8. Comparative analysis: multiples and comparable transactions
9. The use of leveraged finance
10. Premiums and discounts 
  
Analisi e misura dei rischi finanziari			
Prof.ssa Rosella Castellano 

e-mail: castellano@unimc.it 

degree course: M13-0/08 	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. (A) U. CHERUBINI - G. DELLA LUNGA, Il rischio finanziario, Mc. Graw-Hill, Milano, 2001, 

aims:
Financial risk management; foundations of management models; financial assets and pricing models; basic models of modern finance; risk measures.

prerequisites:
Calculus; Financial Mathematics; Statistics and Probability.

content:
- Discrete and continuous models for the pricing of derivative securities;
- Models for measuring and managing market risk;
- Models for measuring and managing credit risk;
- Models for the estimation of liquidity risk;
- Monte Carlo simulation techniques. 
  
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-EB/08 	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) 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, vol. 4,pp. 71-111, (1966), vol. 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, pp. 589-609 (1968), Vol. 23, 1968, pp.589-609
7. (C) Altman, E.I., Kant, T. & Rattanaruengyot, T., Post-Chapter 11 Bankruptcy Performance: Avoiding Chapter 22, Journal of Applied Corporate Finance, vol. 21, pp. 53-64 (2009), vol. 21, 2009, pp. 53-64
8. (C) Beneish, M.D., Detecting GAAP violation: Implications for assessing earnings management among firms with extreme financial performance, Journal of Accounting and Public Policy, 16 (3),pp.271-309, (1997), vol 16 (3), 1997, pp.271-309
9. (C) Beneish, M.D., The Detection Of Earnings Manipulation, Financial Analysts Journal, 55 (5),pp.24-36, (1999), vol. 55 (5), 1999, pp.24-36
10. (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>>, 25 (1), pp.139-144, (2009), vol. 25 (1), 2009, pp.139-144
11. (C) Miller, J. E., The Development Of The Miller Ratio (MR): A Tool To Detect For The Possibility Of Earnings Management (EM), Journal of Business & Economics Research, 7 (1), pp.79-90, vol. 7 (1), 2009, pp.79-90

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

prerequisites:
economia aziendale
accounting

content:
Analysis of financial statements through standard ratios used to evaluate the overall financial condition of a company: Liquidity ratios, Efficiency/Activity ratios, Debt ratios, Profitability ratios, Market 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: ncaste@unimc.it 

degree course: L10-EA/08 	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:
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: M11-0/10 	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, Can it happen again?, sharpe, Armonk New York, 1984, 

aims:
The course aims at offering the students both the analytical tools and the paractical information in order to understand the recurring crises that characterize modern macroeconomics.

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 its keynesian and Kaleckian origins.
Thes econd 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 	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) Sinkey J.F.Jr., Commercial Bank Financial Management, Prentice Hall, New jersey, 2002, 
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 (Mod. A) offers an analysis of banks' functions and main business areas considering risks and regulation. The course (Mod. A) covers credit (risk) & fund policies, liquidity & asset-liability management in a risky perspective.

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

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

e-mail: albertoprivitera@hotmail.it 

degree course: L10-EB/08 	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:
Classroom Lectures
Practice Course

assessment methods:
Written Examination
Oral Examination

(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, 

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 
  
Bilancio consolidato			
Prof.ssa Francesca Bartolacci 

e-mail: bartolacci@unimc.it 

degree course: M11-0/10 	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) Marchi Luciano, Zavani Mauro, Branciari Sergio (a cura di), Economia dei grupppi e bilancio consolidato - III edizione, Giappichelli, Torino, 2010, 

aims:
Learning the methods of construction and analysis of the consolidated financial statements.

prerequisites:
Knowledge of the business groups phenomenon and accounting.

content:
The course aim is to analyze the consolidated financial statement as a tool for assessing the economic and financial situation of the business groups. 
  
Contratti finanziari atipici ed assicurativi			Contratti finanziari atipici ed assicurativi - mod. a
Prof. Enrico Damiani 

e-mail: damiani@unimc.it 

degree course: M11-CP/10 	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: I Semestre 

didactical methods:
 
assessment methods:
 
(A)=Adopted, (C)=Recommended textbooks: 
1. (A) E. Damiani (a cura di), I nuovi contratti finanziari, Esi, Napoli, 2008, 

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. 
  
Contratti finanziari atipici ed assicurativi			Contratti finanziari atipici ed assicurativi - mod. b
Prof. Tommaso Febbrajo 

e-mail: t.febbrajo@unimc.it 

degree course: M11-CP/10 	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: I 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. The types of insurance. Discipline of the insurance contract. Insurance against damage. The liability insurance. The life insurance. 
  
Corso di azzeramento di matematica generale			
Prof. Angelo Angeletti 

e-mail: angelo.angeletti@virgilio.it 

degree course: L10-0/08 	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: L10-0/08 	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:
Practice Course

assessment methods:
Il corso non prevede valutazione finale.

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

aims:
NON PRESENTI

prerequisites:
NON PRESENTI

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

e-mail:  

degree course: L10-EB/08 	degree class: L-18
total hours of tuition: 80
European Credit Transfer and Accumulation System (ECTS): 12
Discipline Scientific Sector: IUS/04
module type: - 
semester: n/i  

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 (a partire da settembre 2013), 2013, Escluse tutte le parti scritte in caratteri più piccoli e i §§ 14, 15, 16, 33, 34, 35 e 36 del I volume; e i §§ 73, 74, 75, 76 del II volume
2. (C) A. Mirone, La trasparenza bancaria, Cedam, Padova, 2012, 
3. (C) P. Spada, Elementi di diritto commerciale- II Elementi, Cedam, Padova, 2009, 

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.
Partnerships
Companies: introduction
Joint-stock  company
Limited liability company
Banking contracts 
  
Diritto commerciale e fiscalita' d'impresa			Diritto commerciale
Prof. Andrea luigi Niutta 

e-mail: andrealuigi.niutta@unimc.it 

degree course: L10-EA/08, L10-ECI/08 	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: n/i  

didactical methods:
 
assessment methods:
 
(A)=Adopted, (C)=Recommended textbooks: 
1. (A) B. LIBONATI, Corso di diritto commerciale, Giuffrè, Milano, 2009, capp. I, II (meno i parr. 1.7, 1.8),  IV, V,  XI, XII, XIII, XIV, XV, XVIII, XIX

aims:
The course relates to commercial law, with specific reference to the law of firm and company, as due to the D.Lgs Nr. 6/2003 and subsequent amendments.

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

content:
The course relates to commercial law, with specific reference to the law of firm and company, as due to the D.Lgs Nr. 6/2003 and subsequent amendments. 
  
Diritto commerciale e fiscalita' d'impresa			Fiscalita d'impresa
Prof. Giuseppe Ripa 

e-mail: G.RIPA@UNIMC.IT 

degree course: L10-EA/08, L10-ECI/08 	degree class: L-18
total hours of tuition: 40
European Credit Transfer and Accumulation System (ECTS): 6
Discipline Scientific Sector: IUS/12
module type: - 
semester: n/i  

didactical methods:
 
assessment methods:
 
(A)=Adopted, (C)=Recommended textbooks: 
1. (A) G. RIPA, La fiscalità d'impresa, CEDAM, Padova, 2011, esclusi capitoli VII e VIII

aims:
nessuno

prerequisites:
nessuno

content:
nessuno 
  
Diritto degli intermediari finanziari			
Prof. Andrea luigi Niutta 

e-mail: andrealuigi.niutta@unimc.it 

degree course: M13-0/08 	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: II 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, 2008, da concordare con il docente

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: M11-0/10 	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: I Semestre 

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

aims:
To provide a complete and critical knowledge about consumer and "financial services buyer" laws, trough the analysis of the main european and italian legislation.

prerequisites:
Private law basic knowledge

content:
1)	The "consumerism" and the consumer law in Italy
2)	The consumer's rights in Europe and in Italy
3)	The competition's discipline 
4)	Consumer's information and advertising 
5)	The Consumer credit
6)	The mass contracts
7)	Sale's contract and the others consumer's agreements 
8)	Financial services 
9)	Product's safety and the producer's liability 
10)	Remedies 
  
Diritto del lavoro			
Prof. Filippo Olivelli 

e-mail: f.olivelli@unimc.it 

degree course: M11-0/10 	degree class: LM-77
total hours of tuition: 40
European Credit Transfer and Accumulation System (ECTS): 6
Discipline Scientific Sector: IUS/07
module type: - 
semester: II Semestre 

didactical methods:
 
assessment methods:
 
(A)=Adopted, (C)=Recommended textbooks: 
1. (A) G. PROIA,, Manuale del nuovo corso di diritto del lavoro, Cedam, Padova, 2013, 
2. (A) M. CINELLI, Il rapporto previdenziale, Il Mulino, Bologna, 2011, capitoli da I a IV

aims:
The course aims to provide students the legal knowledge and skills to face the present day labour market and how to protect working force.

prerequisites:
Knowledge of Italian civil law.

content:
Employee and autonomous labour, labour market and employee protection. 
  
Diritto del mercato finanziario			
Prof. Andrea luigi Niutta 

e-mail: andrealuigi.niutta@unimc.it 

degree course: M13-0/08 	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: I Semestre 

didactical methods:
 
assessment methods:
 
(A)=Adopted, (C)=Recommended textbooks: 
1. (A) RENZO COSTI, Il mercato mobiliare, Giappichelli Editore, Torino, 2010, capp. I-III, capp. VI  e  VIII

aims:
The course aims to analyze the most recent discipline of financial intermediaries, starting from the TUF.

Typology of securities, instruments and financial products, and related markets.

prerequisites:
Knowledge of sources of law.
Knowledge of fundamental principles and institutes of private law.
Knowledge of fundamental principles and institutes of 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/10 	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) Gian Franco Campobasso, Manuale di diritto commerciale vol. II, Utet, Torino, 2012, 

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: M11-0/10 	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:
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 fallimentare			Diritto fallimentare - mod. a
Prof. Maurizio Sciuto 

e-mail:  

degree course: M11-CP/10 	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: II Semestre 

didactical methods:
 
assessment methods:
 
(A)=Adopted, (C)=Recommended textbooks: 
1. (C) Aa. Vv. (a cura di M.  Cian), Diritto commerciale, Giappichelli, Torino (edito a settembre 2013), 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, 2008, 

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. 279/1998) 
  
Diritto fallimentare			Diritto fallimentare - mod. b
Prof. Fabio Cossignani 

e-mail: fabiocossignani@libero.it 

degree course: M11-CP/10 	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:
Classroom Lectures

assessment methods:
Oral Examination

(A)=Adopted, (C)=Recommended textbooks: 
1. (A) Carratta Antonio, Procedure concorsuali (riforma delle): II) Profili processuali, Enciclopedia Giuridica Treccani, Roma, 2006, 
2. (A) Carratta Antonio, Fallimento: X) Liquidazione e ripartizione dell'attivo, Enciclopedia Giuridica Treccani, roma, 2009, 

aims:
Knowledge and useful tools for interpretation of bankruptcy law and  associated constitutional principles, exspecially referring to procedural aspects.

prerequisites:
Basic knowledge of civil procedure law, commercial law and public law.

content:
Analysis of the procedures governing bankruptcy law, exspecially referring to the opening, conduct and closure of insolvency proceeding. 
  
Diritto regionale			
Prof.ssa Barbara Malaisi 

e-mail: malaisi@unimc.it 

degree course: M11-0/10 	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: I 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 a deep knowledge of national regional law

prerequisites:
basic knowledge of italian constitutional law

content:
regional structure and functioning 
  
Diritto societario			
Prof. Ettore Fazzutti 

e-mail:  

degree course: L10-EA/08 	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:
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) 
  
Economia aziendale			
Prof.ssa Antonella Paolini 

e-mail: paolini@unimc.it 

degree course: L10-EA/08, L10-EB/08, L10-ECI/08 	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: II 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 aziendale, VIII edizione, Giappichelli, Torino, 2012, 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 aziendale (vs)			
Prof. Bruno maria Franceschetti 

e-mail: bmfranceschetti@unimc.it 

degree course: L10-EA/08, L10-EB/08, L10-ECI/08 	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) L. Marchi (a cura di), Introduzione all'economia aziendale. Il sistema delle operazioni e le condizioni di equilibrio aziendale, Giappichelli EDITORE, Torino, 2012, tutto

aims:
To provide students with the basic elements of Business Administration

prerequisites:
(none)

content:
- Theoretical Approach: The general system theory
- The company and its characteristics
- The organisational set up of the company
- Fundings
- The acquisition process 
- The selling process
- Equity and income
- Introduction to double entry theory: recording the main transactions 
- Introduction to financial statements
- Introduction to financial statements analysis
- Business strategy principles 
  
Economia dei gruppi e delle relazioni internazionali			
Prof.ssa Francesca Bartolacci 

e-mail: bartolacci@unimc.it 

degree course: L10-ECI/08 	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) Marchi Luciano, Zavani Mauro, Economia dei gruppi e bilancio consolidato: una interpretazione degli andamenti economici e finanziari - III edizione, Giappichelli, Torino, 2010, Parte I - Parte II (I e IV capp.)

aims:
The course aim is to analyze the phenomena of national and international business aggregations.

prerequisites:
Knowledge of business administration

content:
During the course will be analyzed the different kind of relations that companies could organize (informal and formal, contractual and equity aggregation). In the course some important aspects of the business aggregations are examined: their origins, their development, their management, their governance and their financial implications. 
  
Economia dei mercati e delle istituzioni finanziarie			
Prof. Mauro Marconi 

e-mail: marconi@unimc.it 

degree course: M13-0/08 	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: n/i  

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/10 	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: II 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) H. A. Simon, Razionalità, impresa e informazione - Letture di microeconomia, G. Giappichelli, Torino, 1993, "Dalla razionalità sostanziale alla razionalità procedurale"
5. (A) K.W. Kapp, Economia e ambiente. Saggi scelti, nd, nd, 1991, "L'economia come sistema aperto e le sue implicazioni"
6. (A) A. Sen, M.C. Marcuzzo, A. Roncaglia (a cura di) Saggi di economia politica, Clueb, Bologna, 1998, "Beni e persone"
7. (A) H. Minsky, Potrebbe ripetersi? Instabilità e finanza dopo la crisi del '29, Einaudi, Torino, 1984, "Finanza e profitti: la natura mutevole dei cicli economici americani"
8. (A) M. Cangiani, Historiae. Studi per Gherardo Ortalli, a cura di C. Azzara, E. Orlando, M. Pozza e A. Rizzi, Edizioni Ca' Foscari, Venezia, 2013, "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 course focuses on 1) the interaction between the institutional structure of the economy and the economic system; 2) the relation between institutions and economic ends; 3) recent institutional changes and evolution of the world economy

prerequisites:
basic microeconomics and macroeconomics

content:
1. Social costs and public institutions 
2. Institutional soluzioni to asymmetric information 
3. Theories of the firm in New Institutionalism
4. Rights and the market
5. The economy as an open system
6. Rationality, choice and aspiration levels
7. Organizations and knowledge
8. Institutions and development
9. Financial institutions and the instability of capitalism
10. Firms and recent economic change 
  
Economia dell'internazionalizzazione			
Prof. Luca De benedictis 

e-mail: debene@unimc.it 

degree course: M11-0/10 	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. (A) Giorgio Barba Navaretti e Anthony Venables, Le multinazionali nell'economia mondiale, Il Mulino, Bologna, 2006, 
2. (A) Giorgio Basevi, Giacomo Calzolari, Gianmarco Ottaviano, Economia Politica degli Scambi Internazionali, Carocci, Roma, 2002, capp. 2-4-8-9

aims:
The aim of the course is to introduce the audience into the main determinants of the firm's choice to sell internationally and to the effects on the local and the host market of the presence of multinational firms.

prerequisites:
Microeconomics, International Economics, Statistics

content:
Firms international activities: introductio
The determinants of international production
International fragmentation of production
Localizational choice of firms
R&D choices and localization
The effects of FDI on the host and home country
Policy instruments
The internationalization of production in Italy 
  
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 	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: n/i  

didactical methods:
 
assessment methods:
 
(A)=Adopted, (C)=Recommended textbooks: 
1. (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
2. (C) Franco Fontana - Matteo Caroli, Economia e Gestione delle Imprese, McGraw-Hill, Milano, 2006, 
3. (A) Blythe Jim, Cedrola Elena, Fondamenti di Marketing, Pearson Prentice Hall, Milano, 2013, 

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 microeconomic
Principles of business administration

content:
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 	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: n/i  

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

aims:
The educational objective of the course is to acquire knowledge on general management, analyzing business functions, strategic choices and the inter-firm relationships along the supply chain.

prerequisites:
None

content:
The firm as competitive system
The strategic choices
Business functions
Operations management
Quality, time and flexibility of the production systems  
Inter-firm relationships in the suppy 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-EB/08 	degree class: L-18
total hours of tuition: 40
European Credit Transfer and Accumulation System (ECTS): 9, 6
Discipline Scientific Sector: SECS-P/11
module type: - 
semester: I Semestre 

didactical methods:
 
assessment methods:
 
(A)=Adopted, (C)=Recommended textbooks: 
1. (A) Banfi A., Biasin M., Oriani M., Raggetti G.M., Economia degli Intermediari Finanziari, Isedi, Torino, 2011, 

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

prerequisites:
Business Economics, General Mathematics, Financial Mathematics

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 . 
  
Economia e strumenti degli intermediari finanziari			Economia e strumenti degli intermediari finanziari - mod. b
Prof.ssa Nicoletta Marinelli 

e-mail: nicoletta.marinelli@unimc.it 

degree course: L10-EB/08 	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) L. Munari, Strumenti finanziari e creditizi. Dai bisogni alle soluzioni., McGrow Hill, Milano, 2011, 

aims:
The course gives an overview of financial and credit instruments currently on the market, with particular attention to the methodologies necessary to understand the technical and economic characteristics of the products.

prerequisites:
Mathematics, Business Administration, Financial Mathematics

content:
FINANCIAL INSTRUMENTS
. Italian Government Bonds
. Corporate Bonds
. Equities
. Monetary instruments
. Investment funds and SICAV

BANKING PRODUCTS FOR INVESTING
. Bank and postal deposits
. Certificates of deposits
.  Repo

BANKING PRODUCTS FOR FINANCING
. Direct short-term monetary credits
. Trade receivables discount
. Direct long-term monetary credits

PAYMENT INSTRUMENTS

DERIVATIVES
. Forward
. Future
. Swap
. Option
. Structured bonds (notes)

INSURANCE AND PENSION PRODUCTS 
  
Economia e tecnica degli scambi internazionali			
Prof.ssa Patrizia Silvestrelli 

e-mail: patrizia.silvestrelli@unimc.it 

degree course: L10-ECI/08 	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) Elena Cedrola, Il marketing internazionale per le piccole e medie imprese, McGraw-Hill, Milano, 2005, Capitoli: I, II, III, IV
2. (C) Enrico Valdani, Giuseppe Bertoli, Mercati internazionali e marketing, Egea, Milano, 2006, Le parti da approfondire verranno comunicate in aula

aims:
The aim of the course is to describe management issues faced by companies when expanding in foreign countries. The course provides students skills to comprehend the international strategies and infra e inter-firm relationships worldwide.

prerequisites:
Principles of 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: debene@unimc.it 

degree course: L10-ECI/08 	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) Paul Krugman, Maurice Obstfeld e Marc Melitz, Economia Internazionale vol.1, Tompson, Milano, 2012, 
2. (C) Robert Feenstra e Alan Taylor, Economia Internazionale vol.1, Mc Graw Hill, Milano, 2009, 
3. (C) Giuseppe de Arcangelis, Economia Internazionale, Mac Graw Hill, Milano, 2012, 

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

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 	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) 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			
Prof. Mauro Marconi 

e-mail: marconi@unimc.it 

degree course: L10-EB/08 	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) Arcelli, Mario, L'economia monetaria e la politica monetaria dell'Unione Europea, CEDAM, Torino, 2007, 
2. (A) Paesani, Paolo, Macroeconomia, Giappichelli, Torino, 2010, 
3. (C) Alessandrini, Pietro, Economia e politica della moneta, il Mulino, Bologna, 2011, 

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

prerequisites:
Microeconomics.
Macroeconomics.

content:
- Quantitative monetary theory.
- Demand for money and "Treatise on Money".
- Preference of liquidity.
- Portfolio choice and asset accumulation.
- Monetary policy. 
  
Economics of the firm			
Prof. Paolo Ramazzotti 

e-mail: ramazzotti@unimc.it 

degree course: M11-0/10 	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) Richard N. Langlois, Journal of Management Studies, nd, nd, 2007, "The entrepreneurial theory of the firm"
2. (A) Oliver E. Williamson, Journal of Economic Perspectives, nd, nd, 2002, "The Theory of the Firm as Governance Structure: From Choice to Contract"
3. (A) Patrick Cohendet, Patrick Llerena, http://www.druid.dk/uploads/tx_picturedb/ds1998-11.pdf, mimeo, Copenhagen, 1998, "Theory Of The Firm In An Evolutionary Perspective: A Critical Development"
4. (A) Michael G. Jacobides, Sidney G. Winter, Journal of Management Studies, nd, nd, 2007, "Entrepreneurship and Firm Boundaries: The Theory of A Firm"
5. (A) Anne Mayhew, Is Economics an Evolutionary Science? The Legacy of Thorstein Veblen, Elgar, Cheltenham, 2000, "Veblen and Theories of the 'Firm'"
6. (A) Martin Stack, Myles P. Gartland, Journal Of Economic Issues, nd, nd, 2003, "Path Creation, Path Dependency, and Alternative Theories of the Firm"
7. (A) Pietro Frigato, Francisco Javier Santos-Arteaga, Social Costs Today: Institutional Analyses of the Present Crises, Routledge, London, 2012, "Planned obsolescence and the manufacture of doubt. On social costs and the evolutionary theory of the firm"
8. (A) Paolo Ramazzotti, Cambridge Journal of Economics, nd, nd, 2009, "Industrial Districts, Social Cohesion And Economic Decline In Italy"
9. (A) William Lazonick, Mary O'Sullivan, Economy and Society, nd, nd, 2000, "Maximizing shareholder value: a new ideology for corporate governance"
10. (A) Claude Serfati, Journal of Innovation Economics, nd, nd, 2008, "Financial dimensions of transnational corporations, global value chain and technological innovation"

aims:
The aim is to provide a basic understanding of three features of the firm: its internal organization, its interaction with the markets it operates in and the relation between its strategies and the economy.

prerequisites:
knowledge of basic microeconomics

content:
1. Firms and entrepreneurship
2. Firms as governance structures
3. Firms and evolution
4. Boundaries
5. The firm and the economic system
6. Social costs of business enterprises
7. Path dependence and path creation
8. Industrial districts
9. Shareholder value
10. Transnationalization 
  
Elementi del calcolo delle probabilita' e teoria matematica del portafoglio finanziario			
Prof. Roy Cerqueti 

e-mail: roy.cerqueti@unimc.it 

degree course: M11-0/10 	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, expected value, expected utility, mean-variance framework, portfolio selection, Markowitz' model, stochastic dominance. 
  
Financial crisis			
Prof.ssa Domenica Tropeano 

e-mail: tropeano@unimc.it 

degree course: M11-0/10 	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: II Semestre 

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. 
  
Finanza aziendale			
Prof.ssa Barbara Fidanza 

e-mail: fidanza@unimc.it 

degree course: M13-0/08 	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: II Semestre 

didactical methods:
 
assessment methods:
 
(A)=Adopted, (C)=Recommended textbooks: 
1. (A) BERK J., DE MARZO P., Finanza Aziendale 1, Pearson Addison Wesley, Milano, 2011, capitoli 3, 4, 6, 7 (fino a § 7.2 incluso), 9 (fino a § 9.2 incluso), 10, 11, 12, 14, 15, 16, 18 (fino al § 18.7 incluso)

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. 
  
Finanziamenti di azienda			
Prof. Alessandro giovanni Grasso 

e-mail: alessandrogiovanni.grasso@unimc.it 

degree course: L10-EB/08 	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) CATTANEO M., Manuale di Finanza Aziendale, Il Mulino, Bologna, 1999, XIX
2. (A) Pavarani E., L'equilibrio finanziario, MC-Grawhill, Milano, 2006, Verranno indicati dal docente
3. (A) Forestieri G., Corporate e Investment Banking, Egea, Milano, 2007, Verranno indicati dal docente

aims:
To provide the tools to make assessments of the convenience of the different alternatives for financing the business wirh reference to the financial need.

prerequisites:
Business Economics, General Mathematics, Financial Mathematics

content:
1) to explain the choices of financial structure in the capital budgeting decisions by identifying the characteristics of the optimal financial structure;
2) to analyze the determinants of the cost of capital;
3) to analyze the determination of financial needs;
4) to provide the means of funding consistent with the type of financial needs;
5) analyze key corporate banking services:
6) to study the private equity
7) to study the project finance 
  
Geografia de la globalizacion			
Prof. Paolo Rovati 

e-mail: paolo.rovati@unimc.it 

degree course: M11-0/10 	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: I 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, 

aims:
To define the contents and methods of Geography of Globalization. To confront the interdependence among natural environment and economic activities in the Iberian Peninsula and in Latin America.

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 
  
Geografia della globalizzazione			
Prof. Paolo Rovati 

e-mail: paolo.rovati@unimc.it 

degree course: M11-0/10 	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: I 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, 

aims:
To define 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-EA/08, L10-ECI/08 	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.

aims:
To treat the development and the most important stages of geographic thought.  To confront, trough the knowledge of the territory, the interdependence among natural environment, distribution of the population and economic activities of man.

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			Gestione dei rischi
Prof.ssa Adele Grassi 

e-mail: grassi.adele@bsm.sm 

degree course: M13-0/08 	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:
Classroom Lectures
Practice Course
Work Groups

assessment methods:
Oral Examination

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

aims:
The course aims to provide students with the basic knowledge
regarding the operation, use and trading of
derivative instruments principally traded on financial markets.

prerequisites:
Knowledge of financial instruments and the principles of their evaluation

content:
1. Derivatives symmetric;
2. Financial instruments asymmetric;
3. Structured Products. 
  
Gestione dei rischi e strumenti derivati			Strumenti derivati
Prof.ssa Nicoletta Marinelli 

e-mail: nicoletta.marinelli@unimc.it 

degree course: M13-0/08 	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) A. Resti, A. Sironi, Rischio e valore nelle banche. Misura, regolamentazione, gestione., Egea, Milano, 2008, capitoli 1-23

aims:
The aim of the course is to provide theoretical and empirical tools to identify, measure and manage the risks related to the banking activity.

prerequisites:
Financial mathematics, Statistics, Accounting, knowledge of banking activity

content:
INTRODUCTION
.	Banking activity and the balance-sheet of a bank
.	The main risks related to the banking activity and the role of capital in the perspective of prudential supervision 
PART I: INTEREST RATE RISK
PART II: MARKET RISK
PART III: CREDIT RISK
PART IV: OTHER RISKS AND CAPITAL ALLOCATION
.	Liquidity risk
.	Operational risk
.	The regulation of banks' capital (the 1988 Basel Capital Accord and the New Basel Capital Accord)
.	The second and third pillars:  principles and main content 
.	Risk Reporting according to the IAS: analysis of sections E-F
.	New banks' capital regulation (Basel III) 
  
Histoire de l?entreprise			
Prof.ssa Patrizia Sabbatucci severini 

e-mail: sabbatucci@unimc.it 

degree course: M11-0/10 	degree class: LM-77
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) J.C. Daumas, P. Lamard et L. Tissot, Les territoires de l'industrie en Europe (1750-2000). Entreprises, régulations et trajectoires, Presses Universitaires de Franche-Comté, Besançon, 2007, 1-222

aims:
A Knowledge of economists' and sociologists' models of industrial districts, and of important aspects of the history of this form of productive organization, between the end of the eighteeenth century and our own days

prerequisites:
none

content:
Analyses of models of economists (Marshall, Becattini) and sociologists (Paci, Bagnasco, Trigilia, Granovetter). Industrial districts in a historical perspective, and their evolution over time, their characters and way of working, innovations, and the role of institutions 
  
Inferenza statistica			
Prof.ssa Luisa Scaccia 

e-mail: scaccia@unimc.it 

degree course: M13-0/08 	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.ssa Barbara re 

e-mail: barbara.re@unicam.it 

degree course: L10-0/08 	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 4/ed., McGraw-Hill., Milano, 2008, 320

aims:
The objectives of the course are to provide students with the principles of organization of computer systems
and the acquisition of methodologies to exploit their potential.

prerequisites:
none

content:
Computer architecture and CPU: Personal Computer. The microprocessor and memory chips. ROM and
RAM. Interaction between the CPU and memory. Data bus.
The input/output: direct input, input devices, types of output. Printing systems.
Secondary memories. Storage media: hard disks and optical disks. 
Concepts of operating systems and application programs. Main tasks of an operating system.
Spreadsheets: Introduction, data entering, charts and diagrams.
Basic principles of network architecture. Overview of transmission media and protocols.
Introduction to information systems.
Internet and WWW, principles for security. 
  
Istituzioni di diritto privato			
Prof. Enrico Damiani 

e-mail: damiani@unimc.it 

degree course: L10-0/08 	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) F. Ruscello, Istituzioni di diritto privato, voll. 1 - 2 -4, Giuffrè, Milano, 2011, 
2. (C) P. Perlingieri, Istituzioni di diritto civile, ESI, Napoli, 2012, 

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 - The publicity of juridical facts- Jurisdictional tutelage and the test of legal facts - Natural persons - Existential situations - Juridical persons and unrecognized bodies - Obligations - The events of obligations - Default and delay - The guarantees - The execution of the credit- The forming procedure of the contract- Substitution in contractual activity - Contract's unlawful - Execution of contract - Unlawful acts - Property - Situations of enjoyment - Possession 
  
Istituzioni di diritto privato (vs)			
Prof. Tommaso Febbrajo 

e-mail: t.febbrajo@unimc.it 

degree course: L10-0/08 	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) Paradiso, Corso di Istituzioni di diritto privato, Giappichelli, Torino, 2008, Capitoli 2, 3, 5, 6, 7, 8, 9, 10 - 39; 41; 42; 45; 46; 47; 48; 50 par. 3; 51.

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:
- Moral and natural persons
- Property law
- Law of obligations
 - Contract law (Contractual formation; Offer and acceptance; Intention to be legally bound; Third parties; Formalities and writing; Bilateral v. unilateral contracts; Uncertainty, incompleteness and severance; Contractual terms;  Misrepresentation; Mistake; Duress and undue influence; Incapacity; Illegal contracts; Remedies for breach of contract; Damages; Specific performance). 
 - Law of agency.
-  Law of torts. 
  
Istituzioni di diritto pubblico			
Prof. Giulio Salerno 

e-mail: salerno@unimc.it 

degree course: L10-0/08 	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.ssa Rosella Castellano 

e-mail: castellano@unimc.it 

degree course: M11-0/10 	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: II Semestre 

didactical methods:
Classroom Lectures
Practice Course

assessment methods:
Oral Examination
Tesina di approfondimento.

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

aims:
Knowledge of the main technical-economic mechanisms of insurance and ability to analyze the audit institutions charged with its cost-effectiveness. Ability to assess the insurance risk.

prerequisites:
The student must possess basic knowledge of economics (micro and macro) and financial mathematics.

content:
- Some preliminary notions: the insurance risk; the random variable "duration of human life"; the function of survival and the probabilities of life and death.
- Life insurance: the pure premium; the principle of equivalence between a random amount of money and a certain amount of money; the mathematical reserve; the risk premium and the saving premium.
- Analysis of the main non-life and life insurance contracts.
- Analysis of the dynamics of the market after the liberalization and entry into the EU: relevant institutional aspects. 
  
Lab. matematica 1			
Prof.ssa Elisabetta Michetti 

e-mail: michetti@unimc.it 

degree course: L10-0/08 	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: michetti@unimc.it 

degree course: L10-0/08 	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.ssa Rosella Castellano 

e-mail: castellano@unimc.it 

degree course: L10-0/08 	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:
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) 
  
Lab. sistemi contabili informatizzati			
Prof. Matteo Principi 

e-mail: matteo.principi@unimc.it 

degree course: L10-0/08 	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:
Classroom Lectures
Practice Course

assessment methods:
Oral Examination

(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 crediti non performing			Laboratorio crediti non performing - mod. a
Prof.ssa Laura Palmieri 

e-mail: avv.laurapalmieri@libero.it 

degree course: M13-0/08 	degree class: LM-77
total hours of tuition: 10
European Credit Transfer and Accumulation System (ECTS): 1
Discipline Scientific Sector: SECS-P/11
module type: - 
semester: II Semestre 

didactical methods:
Classroom Lectures
Practice Course

assessment methods:
Oral Examination

(A)=Adopted, (C)=Recommended textbooks: 
1. (A) Banca d'Italia, Istruzioni di vigilanza, Banca d'Italia, Roma, 2011, valutazione dei crediti

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. 
  
Laboratorio crediti non performing			Laboratorio crediti non performing - mod. b
Prof.ssa Fabiola Pietrella 

e-mail: fabiola.pi@libero.it 

degree course: M13-0/08 	degree class: LM-77
total hours of tuition: 10
European Credit Transfer and Accumulation System (ECTS): 1
Discipline Scientific Sector: SECS-P/11
module type: - 
semester: II Semestre 

didactical methods:
Classroom Lectures
Practice Course

assessment methods:
Oral Examination

(A)=Adopted, (C)=Recommended textbooks: 
1. (A) Banca d'Italia, Istruzioni di vigilanza, Banca d'Italia, Roma, 2011, valutazione dei crediti

aims:
Relationship between economic and law in firm crisis.

prerequisites:
Business and administation 
Banking and finance
Banckrupcty

content:
Now Performing Loans;
Securitation 
Firm crisis
Banking contract
Defaut 
  
Laboratorio di economia pubblica			
Prof. Diego Piacentino 

e-mail: diegop@unimc.it 

degree course: L10-0/08 	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) Rosen-Gayer, Scienza delle finanze, 3a ed., McGraw-Hill, Milano, 2010, Par. 4.2-4.5; cap. 5, 6; par.14.2

aims:
The course aims to give an analytical and technical introduction to the main aspects of the theory of market failures (public goods, externalities, and natural monopoly).

prerequisites:
Microeconomics.

content:
1.- Background: The two fundamental theorems of welfare economics (short summary);
2.- Public goods (features and economic implications; comparison with private goods);
3.- Externalities (nature, classification, economic implications);
4.- Natural monopoly (causes and economic implications). 
  
Lingua inglese			
Prof.ssa Maria domenica Mangialavori 

e-mail: mdmangialavori@gmail.com 

degree course: L10-0/08 	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: I Semestre 

didactical methods:
Classroom Lectures
Practice Course

assessment methods:
Written Examination
Oral Examination
Mid-Course Test

(A)=Adopted, (C)=Recommended textbooks: 
1. (C) Raymond Murphy, English Grammar in Use: A Self-Study Reference and Practice Book for Intermediate Students of English with Answers, Cambridge University Press, 3rd edition, Cambridge, 2004, 
2. (C) Ian MacKenzie, English for Business Studies, Cambridge University Press third edition, Cambridge, 2010, 
3. (C) Tonya Trappe - Graham Tullis, Intelligent Business - Intermediate Business English, Pearson, Longman, 2005, 

aims:
Knowledge of the English language at Intermediate level; ability to understand and produce texts focusing on Business English.

prerequisites:
Knowledge of English at A2 Level.

content:
Reading Comprehension of articles and texts about communication, company structure, trade, import-export, e-commerce, employment, marketing, advertising, old and new economies. Writing a brief CV, a cover letter and business letters (all types). 
  
Lingua inglese (corso avanzato)			
Prof. Timothy james bethune Wills 

e-mail: tim@timwills.com 

degree course: M11-0/10 	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:
Classroom Lectures
Practice Course
Work Groups
Seminars

assessment methods:
Written Examination
Oral Examination

(A)=Adopted, (C)=Recommended textbooks: 
1. (C) Cotton, David, David Falvey e Simon Kent, New Edition Market Leader Intermediate Business English, Pearson Longman, Harlow, Essex Regno Unito, 2007, 176 pagine e 14 capitoli
2. (C) Mark Powell, Business Matters, Thomson Heinle, Boston, USA, 2002, 144 pages, 16 chapters

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:
Paying attention to individual pronunciation and grammar problems, 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: raffaellacoppier@unimc.it 

degree course: L10-EA/08, L10-EB/08, L10-ECI/08 	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: raffaellacoppier@unimc.it 

degree course: L10-EA/08, L10-EB/08, L10-ECI/08 	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 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 	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			Marketing metrics - mod. a
Prof. Roberto Del gobbo 

e-mail: roberto.delgobbo@unimc.it 

degree course: M11-CG/10 	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:
Classroom Lectures
Practice Course

assessment methods:
Written Examination

(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 1, 2, 3, 4, 5
2. (C) Valdani E., Ancarani F., Marketing Metrics. Il marketing che conta., EGEA, Milano, 2011, Capitoli 3, 4, 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			Marketing metrics - mod. b
Prof.ssa Sabrina Memmo 

e-mail: sabrina.memmo@unimc.it 

degree course: M11-CG/10 	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:
Classroom Lectures
Practice Course
Work Groups
Seminars

assessment methods:
Written Examination

(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 finanziaria			
Prof.ssa Rosella Castellano 

e-mail: castellano@unimc.it 

degree course: L10-0/08 	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:
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) 
  
Matematica finanziaria (lavoratori)			
Prof. Roy Cerqueti 

e-mail: roy.cerqueti@unimc.it 

degree course: L10-0/08 	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. (A) D'Ecclesia - Gardini, Appunti di Matematica Finanziaria vol. 1, Giappichelli, Torino, 2010, 

aims:
The course aims at providing the basic knowledge on quantitative methods for financial modeling.

prerequisites:
Fundaments of Mathematics

content:
Actualization; capitalization; financial regimes; riskless financial operations; evaluation of financial operations: TIR, REA, TRM; temporal indexes; immunization; interest rate modeling. 
  
Matematica generale			
Prof.ssa Cristiana Mammana 

e-mail: mammana@unimc.it 

degree course: L10-0/08 	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: michetti@unimc.it 

degree course: L10-0/08 	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 Elisabetta Michetti 

e-mail: michetti@unimc.it 

degree course: L10-0/08 	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. 
  
Mercati e investimenti immobiliari			
Prof. Massimo Biasin 

e-mail: massimo.biasin@unimc.it 

degree course: L10-EB/08 	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) D. Ling, W. Archer, Real Estate Principles, McGrawHill-Irwin, Upper Saddle River, New Jersey, 2005, I capitoli di riferimento verranno indicati dal docente con avviso nella propria pagina web.
2. (A) M. Biasin, L'investimento immobiliare, Il Mulino, Bologna, 2005, Capp. 1 (no par. 4); 2;
3. (A) D. Geltner, N. Miller, Real Estate Principles for the New Economy, Thomson South Western, usa, 2005, I capitoli di riferimento verranno indicati dal docente con avviso nella propria pagina web.
4. (A) Delli Santi R., Mantella S., Capital Market & Real Estate, Egea, Milano, 2009, Cap. 5;

aims:
Organic overview of the structure of the real estate (RE) market and illustration of the benefits of wealth's diversification in RE also by debating investment options. Relations between capital & RE markets via RE assets valuation models.

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 e Property-Market;
3. Real estate peculiarities as asset class;
4. Investment options: property and equity real estate;
5. Real Estate Investment Funds/Trusts;
6. Real estate assets' valuation principles:
7. Measuring risk and return of RE assets;
8. Inter- and infrasectorial diversification issues; 
  
Mercati ed investimenti mobiliari			
Prof.ssa Giuliana Borello 

e-mail: giuliana.borello@unicatt.it 

degree course: L10-EB/08 	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:
Classroom Lectures
Practice Course

assessment methods:
Written Examination

(A)=Adopted, (C)=Recommended textbooks: 
1. (A) A. Banfi, Mercati e gli strumenti finanziari, Disciplina e organizzazione della borsa,, Isedi, Torino, 2008, I capitoli verranno segnalati a lezione

aims:
Providing students with some knowledge about institutional structures and functioning of the financial markets and laws by examining and comparing the most important market microstructure and focusing on financial instruments.

prerequisites:
Microeconomics, Macroeconomics, Financial Intermediaries, Mathematics.

content:
1.	The most important financial instruments
2.	Institutional microstructures and functioning of financial market
3.	Principles of investment services and mutual funds
4.	The most important intermediaries operating in capital market
5.	The architecture of the Italian Exchange and Foreign Exchange Markets
6.	The evolution of financial regulation and law
7.      Brief reference to portfolio management 
  
Metodi matematici per l'economia e la finanza			
Prof.ssa Cristiana Mammana 

e-mail: mammana@unimc.it 

degree course: M13-0/08 	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: 
(to be specified) 

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. 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: L10-0/08 	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) Stefano Staffolani, Microeconomia, Introduzione all'economia politica, McGraw-Hill, Milano, 2011, capitolo 3.1 (per la parte sul consumatore)

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: debene@unimc.it 

degree course: L10-0/08 	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) Stefano Staffolani, Microeconomia, Mac Graw Hill, Milano, 2010, 

aims:
The goal of the course is to give students an introduction to microeconomics.

prerequisites:
none

content:
Theory of consumption
Theory of production
Markets
Strategic interactions
Efficiency and equity
Beyond neoclassical models 
  
Organizzazione aziendale			
Prof. Federico Niccolini 

e-mail: fniccolini@unimc.it 

degree course: L10-EA/08 	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., Organizzazione Aziendale, Apogeo, Milano, 2010, Capitoli 1, 2, 3, 4 (fino a pagina 139), 5, 6, 7, 8, 10, 11, 12
2. (A) Morgan G., Images. Le metafore dell'organizzazione, FrancoAngeli, Milano, 1999, Capitoli 2 e 3, incluse note di fine testo (da pagina 473 a pagina 478)
3. (A) DAFT R., Organization: theory and design (10th edition), South-Western, Cengage Learning, Mason, Ohio, 2010, Chapters 1-8, 10-12
4. (A) MORGAN G., Images of organization (2nd edition), Sage, Thousand Oaks, 1997, Chapters 2 and 3, including bibliographic notes (from page 374 to page 379)
5. (A) DAFT R., Teoría y Diseño organizacional (novena edición), Cengage Learning, Santa Fe, 2007, Capítulos 1-8, 10-12
6. (A) MORGAN G., Imágenes de la organización (2nd edition), Alfaomega Grupo Editor, México, 1999, Capítulos 2-3, Referencias para el Capítulo 2

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 economy

content:
Distinctive organizational capabilities. Organizational dimensions. Mechanistic and organic paradigm and model. Strategy. Mission and vision. Open system theory. Different strategic approaches. Organizational Structure. Organization design alternatives. The external environment and uncertainty. Relationship between structure and environment. Interorganizational relationships and networks. Technologies. Information Tecnologies. Organizational culture and typologies. Business ethic and Corporate Social Responsibility. Learning organization and organizational learning. 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: M11-0/10 	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: I Semestre 

didactical methods:
Classroom Lectures

assessment methods:
Oral Examination

(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-ECI/08 	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, Politica economica e strategie aziendali, Carocci, Roma, 2011, tutto, esclusi il par. 3.6 e i capp. 4, 5, 9 e 10

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 politicy
2. Efficiency, equity and social justice
3. Theories of the market and of market failures
4. Theories of the capitalist market economy and of its shortcomings
5. Microeconomic policies
6. Redistributive policies
7. Macroeconomic policy 
8. Private and public institutions in an international context
9. Economic policy and globalization 
  
Principi contabili internazionali			
Prof. Andrea Fradeani 

e-mail: a.fradeani@unimc.it 

degree course: M11-CP/10 	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 provide students with a general overview of the basic concepts, themes, and issues of the International Financial Reporting Standards (IFRS).

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

content:
1. The role of accounting principles and the adoption process of IFRS.

2. The accounting model of IFRS.

3. The most important IFRS 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: ncaste@unimc.it 

degree course: L10-EA/08 	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: n/i  

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

aims:
The course aims to describe the basic methodologies employed to calculate costs referred to products and/or processes, illustrating the most suitable conditions of employment.

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

content:
The basic methodologies of cost determination
Direct costing:
- Margins of Contributions 
- Break-even Analysis
- Sensitivity analysis 

Special and common costs:
- Make or buy choices

Direct and indirect costs:
- Configuration of costs
- Single base Full costing
- Cost centers
- Multiple base Full costing

Activity Based Costing

Analytics accounting systems 
  
Programmazione e controllo e analisi dei costi			Programmazione e controllo e analisi dei costi - mod. b
Prof.ssa Francesca Bartolacci 

e-mail: bartolacci@unimc.it 

degree course: L10-EA/08 	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: n/i  

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

aims:
The course aim is to analyze the traditional management control tools with emphasis on budget

prerequisites:
Knowledge in business administration and accounting

content:
- Definition of management control
- Traditional management control tools
- The budgeting process
- The variace analysis 
  
Ragioneria			
Prof. Ermanno Zigiotti 

e-mail: zigiotti@unimc.it 

degree course: L10-0/08 	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:
Economia Aziendale

content:
double entry bookeeping and balance sheet for corporations (ITA Gaap) 
  
Revisione aziendale			
Prof. Andrea Fradeani 

e-mail: a.fradeani@unimc.it 

degree course: L10-EA/08 	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: 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 with a special focus on Fraud and Forensic 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. Audit Strategy, Plan and Working Papers.
5. Internal Control Evaluation.
6. Substantive Tests of Transaction and Balances.
7. Audit Completition and Reporting.
8. Fraud and Forensic Auditing. 
  
Statistica			
Prof.ssa Luisa Scaccia 

e-mail: scaccia@unimc.it 

degree course: L10-0/08 	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:
Basic concepts of 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. 
  
Statistica (lavoratori)			
Prof. Filippo Pennesi 

e-mail:  

degree course: L10-0/08 	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:
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) 
  
Statistica economica e statistiche Istituzionali			Statistica economica
Prof.ssa Anna grazia Quaranta 

e-mail: annagrazia.quaranta@unibo.it 

degree course: M11-0/10 	degree class: LM-77
total hours of tuition: 40
European Credit Transfer and Accumulation System (ECTS): 6
Discipline Scientific Sector: SECS-S/03
module type: - 
semester: I 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) 
  
Statistica economica e statistiche Istituzionali			Statistiche Istituzionali
Prof.ssa Anna grazia Quaranta 

e-mail: annagrazia.quaranta@unibo.it 

degree course: M11-0/10 	degree class: LM-77
total hours of tuition: 20
European Credit Transfer and Accumulation System (ECTS): 3
Discipline Scientific Sector: SECS-S/01
module type: - 
semester: I 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) 
  
Storia del pensiero economico			
Prof. Stefano Perri 

e-mail: perri@unimc.it 

degree course: M13-0/08 	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 provide 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 dell'impresa			
Prof.ssa Patrizia Sabbatucci severini 

e-mail: sabbatucci@unimc.it 

degree course: M11-0/10 	degree class: LM-77
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) P. A. Toninelli, Storia d'impresa, il Mulino, Bologna, 2006, (a scelta)
2. (A) F. Amatori, A. Colli, Storia d'impresa. Complessità e comparazioni, Bruno Mondadori, Milano, 2011, (a scelta)

aims:
Te course aims to provide a general theoretical understanding of the historical development of business, and to introduce students to the main lines of growth and change in businesses in the nineteenth and twentieth centuries.

prerequisites:
A knowledge of the broad outlines of nineteenth and twentieth history

content:
The businessman and business in economic theory and history. The history of business in its social, cultural and institutional context. Types and size of business. Development of the running and management of businesses: the interrelations between strategy and structure, the role of innovations, the organization of work, distribution and marketing. 
  
Storia economica			
Prof.ssa Patrizia Sabbatucci severini 

e-mail: sabbatucci@unimc.it 

degree course: L10-0/08 	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) P. Ciocca, Ricchi per sempre? Una storia economica d'Italia (1796-2005), Bollati Boringhieri, Torino, 2007, (testo adottato per programma da 6 CFU)
2. (A) V. Zamagni, Dalla periferia al centro. La seconda rinascita economica dell'Italia (1861-1990), Il Mulino, Bologna, 1990, (testo adottato per programma da 9 CFU)
3. (A) J. Cohen, G. Federico, Lo sviluppo economico italiano, 1820-1960, il Mulino, Bologna, 2001, (testo a scelta per programma 9 CFU)
4. (A) L. Cafagna, Dualismo e sviluppo nella storia d'Italia, Marsilio, Venezia, 1989, pp. 281-399 (testo a scelta per programma 9 CFU)
5. (A) F. Barca (a cura di), Storia del capitalismo italiano dal dopoguerra ad oggi, Donzelli editore, Roma, 1997, pp. 4-107, 186-232 (testo a scelta per programma 9 CFU)

aims:
Te course aims to give students a critical awareness of processes in economic development, by an analysis of the Italian economy between 1860 and 1990.

prerequisites:
A knowledge of the broad outlines of nineteenth and twentieth history

content:
The definition and theories of modern economic growth. The Italian economy (1860-1990): periodization and interpretation models. The changes on the demand side (consumption, investment, government expenditure, external accounts) and on offer side (population, capital, production, productivity), the evolution of the financial superstructure. The sectoral changes. Regional imbalances. 
  
Strategie aziendali			
Prof.ssa Antonella Paolini 

e-mail: paolini@unimc.it 

degree course: M11-0/10 	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. (C) G. Pellicelli, Strategie d'impresa, III ed., Università Bocconi Editore, EGEA 2010, Milano, 2010, Il testo va studiato per intero con eccezione dei capitoio 9 e 19
2. (A) Garzella Stefano, Galeotti Michele, Il governo strategico dell'azienda, Giappichelli, Torino, 2013, 

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: M11-0/10 	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. (C) D. K. Foley and T.R. Nichl, Growth and distribution, Harvard University Press, London, 1999, 

aims:
This corse aims to provide 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/10 	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:
Classroom Lectures
Seminars

assessment methods:
Oral Examination

(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			Operazioni straordinarie
Prof. Fabrizio Micozzi 

e-mail: fabrizio.micozzi@unimc.it 

degree course: M11-CG/10, M11-CP/10 	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:
Classroom Lectures
Practice Course
Seminars

assessment methods:
Oral Examination

(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			Valutazione d'azienda
Prof. Pierpaolo Ceroli 

e-mail:  

degree course: M11-CP/10 	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: II Semestre 

didactical methods:
Classroom Lectures

assessment methods:
Oral Examination

(A)=Adopted, (C)=Recommended textbooks: 
1. (A) Ceroli P. - Ruggieri M. - Spreca L. - Zei A., Valutazione d'Azienda e Operazioni Straordinarie, Giuffré, Milano - Prima 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			Comportamento manageriale
Prof. Federico Niccolini 

e-mail: fniccolini@unimc.it 

degree course: M11-CG/10, M11-CP/10 	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, 10-13, 15-17
2. (A) SENGE P., La quinta disciplina, Sperling & Kupfer, Milano, 2006, Capitoli 1, 2, 8, 9, 10,11 (pagine 1-62, 147-288)
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, 8-11
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			Valutazione delle performance aziendali
Prof. Nicola giuseppe Castellano 

e-mail: ncaste@unimc.it 

degree course: M11-CG/10 	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 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 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