Economics and Management (EMA)
Economics and Management (EMA)
Course sheet
A.Y. 2023/2024
Bachelor
L-18/L-33 - L-18 SCIENZE DELLA ECONOMIA E DELLA GESTIONE AZIENDALE /L-33 SCIENZE ECONOMICHE
Bachelor's Degree in Economics and Management
The BA in Management Studies and Economics is a challenging programme enabling students to combine their studies of management with a particular focus on economic issues. This three-year degree course focuses on understanding economic phenomena from all their different perspectives so that the graduates will obtain the necessary knowledge required by he national and global job market.
The undergraduate degree programme explores issues that are crucial for the world we live in: how the economy and organisations work, and how resources are allocated and coordinated to achieve the objectives that are set. Economics and management are ideal intellectual partners, each one being particularly suitable to strengthen and cross-fertilise the other. Economics provides the broader understanding of economic activity within which all organisations work; management, in turn, analyses the character and goals of that functioning. The first two years include courses in economics, management, math, law and statistics so as to provide students with a solid foundation for the third year. Depending on the profession they would like to enter, students can then choose, in the third year, specialised courses to further increase their knowledge in the areas of marketing, finance and economics.
Competencies expected from Bachelors in Economics and Management
· Understanding of the foundations of Management and Economics through an introduction to the following basic subjects:
· political economics, microeconomics, macroeconomics,...
· main roles in business: accounting, finance, marketing,
· legal, societal, and human environment of organizations
· methodological tools (mathematical modeling, statistics, )
· Ability to critically apply learned knowledge to real situations observed in a simple field situation and/or in a transversal context
· Ability to summarize and communicate the knowledge acquired and the observations made
· Ability to integrate management decisions into their economic context (mixed training)
The BA in Management Studies and Economics is a challenging programme enabling students to combine their studies of management with a particular focus on economic issues. This three-year degree course focuses on understanding economic phenomena from all their different perspectives so that the graduates will obtain the necessary knowledge required by he national and global job market.
The undergraduate degree programme explores issues that are crucial for the world we live in: how the economy and organisations work, and how resources are allocated and coordinated to achieve the objectives that are set. Economics and management are ideal intellectual partners, each one being particularly suitable to strengthen and cross-fertilise the other. Economics provides the broader understanding of economic activity within which all organisations work; management, in turn, analyses the character and goals of that functioning. The first two years include courses in economics, management, math, law and statistics so as to provide students with a solid foundation for the third year. Depending on the profession they would like to enter, students can then choose, in the third year, specialised courses to further increase their knowledge in the areas of marketing, finance and economics.
Competencies expected from Bachelors in Economics and Management
· Understanding of the foundations of Management and Economics through an introduction to the following basic subjects:
· political economics, microeconomics, macroeconomics,...
· main roles in business: accounting, finance, marketing,
· legal, societal, and human environment of organizations
· methodological tools (mathematical modeling, statistics, )
· Ability to critically apply learned knowledge to real situations observed in a simple field situation and/or in a transversal context
· Ability to summarize and communicate the knowledge acquired and the observations made
· Ability to integrate management decisions into their economic context (mixed training)
The Undergraduate Degree Course in Economics and Management provides students with the necessary skills needed to successfully enter the labor market/workforce, and be considered for hiring by private firms and public institutions with a European orientation and scope. The potential positions open to graduates of this program, further enhanced by their future educational choices, include:
- Firms, both in the private and public sector, active in the European market;
- Financial intermediaries;
- EU-level and other international institutions;
- Regulatory agencies and consultancies;
- Consulting companies;
- Research centers and think-tanks.
The Undergraduate Degree Course in Economics and Management also equips students with the necessary technical and methodological skills that will aid them in continuing their education at the master's level in both business and economics., after checking the adequacy of personal preparation.
Employment statistics (Almalaurea)
- Firms, both in the private and public sector, active in the European market;
- Financial intermediaries;
- EU-level and other international institutions;
- Regulatory agencies and consultancies;
- Consulting companies;
- Research centers and think-tanks.
The Undergraduate Degree Course in Economics and Management also equips students with the necessary technical and methodological skills that will aid them in continuing their education at the master's level in both business and economics., after checking the adequacy of personal preparation.
Employment statistics (Almalaurea)
The degree in Economics and Management offers the opportunity to study at several European universities, where students will be able to attend lectures and obtain credits for their degree.
Our partners are selected among the most prestigious academic institutions in United Kingdom (University of Leicester), in Spain (Universidad Carlos III de Madrid, Universidad Complutense de Madrid, Universidad de Barcellona, Universidad de Salamanca, Universidad de Oviedo e Universidad de A Coruna), France (Université de Cergy Pontoise), in Switzerland (Université de Fribourg), and other European countries.
The modules offered by our partners include core subjects and disciplines of Economics and Management such as Management, Economics, Accounting, Marketing.
The choice of modules is made by students before their departure in collaboration with the programme coordinator; the credits are recognized officially and included in the curriculum at the end of the exchange period.
Our partners are selected among the most prestigious academic institutions in United Kingdom (University of Leicester), in Spain (Universidad Carlos III de Madrid, Universidad Complutense de Madrid, Universidad de Barcellona, Universidad de Salamanca, Universidad de Oviedo e Universidad de A Coruna), France (Université de Cergy Pontoise), in Switzerland (Université de Fribourg), and other European countries.
The modules offered by our partners include core subjects and disciplines of Economics and Management such as Management, Economics, Accounting, Marketing.
The choice of modules is made by students before their departure in collaboration with the programme coordinator; the credits are recognized officially and included in the curriculum at the end of the exchange period.
Course attendance is highly recommended.
Enrolment
Entry knowledge requirements
Admission to the degree programme requires applicants to have a high school diploma or an equivalent suitable qualification from abroad.
To be admitted to the course students must sit an examination to check their linguistic-communication capabilities, in addition to taking an online test (TOLC-E) organised by the Consortium of Interuniversity Integrated Access Systems (CISIA). Subject knowledge for admission will be deemed acceptable if the scores in the selection band have been achieved.
Students whose score is lower than the value stated in the selection band, limited to the area of verbal comprehension, will be assigned an additional learning obligation (OFA), which must be met and approved within the first year of the course.
The University organises specific tutoring support for the successful completion of the OFA. Additional information is available on the University study portal of the Faculty of Political, Economic & Social Sciences.
If students fail to satisfy the OFA within the required timescale, the following year they will be unable to sit the examinations for the years subsequent to the first year.
English Additional Learning Requirements (OFA)
In order to fulfil the Additional Learning Requirement (Obbligo Formativo Aggiuntivo - OFA) for English and sit the English-language exam required by the study plan, students must achieve B1 proficiency per the Common European Framework of Reference for Languages (CEFR). This proficiency level may be certified as follows:
- by submitting a language certificate attesting B1, or higher level in English and issued no more than three years before the date of submission. You will find the list of language certificates recognized by the University at: https://www.unimi.it/en/node/297/. The certificate must be uploaded during the enrolment procedure, or subsequently to the portal http://studente.unimi.it/uploadCertificazioniLingue;
- by taking a placement test offered by the University Language Centre (SLAM) between October and December of the first year. Students who fail the test will be required to take a SLAM course.
The placement test is mandatory for all those who do not hold a valid certificate attesting to B1 or higher level.
Those who have not taken the placement test by the end of December or fail the end-of-course exam six times must obtain the necessary certification privately in order to fulfil the OFA and sit the English exam.
Admission to the degree programme requires applicants to have a high school diploma or an equivalent suitable qualification from abroad.
To be admitted to the course students must sit an examination to check their linguistic-communication capabilities, in addition to taking an online test (TOLC-E) organised by the Consortium of Interuniversity Integrated Access Systems (CISIA). Subject knowledge for admission will be deemed acceptable if the scores in the selection band have been achieved.
Students whose score is lower than the value stated in the selection band, limited to the area of verbal comprehension, will be assigned an additional learning obligation (OFA), which must be met and approved within the first year of the course.
The University organises specific tutoring support for the successful completion of the OFA. Additional information is available on the University study portal of the Faculty of Political, Economic & Social Sciences.
If students fail to satisfy the OFA within the required timescale, the following year they will be unable to sit the examinations for the years subsequent to the first year.
English Additional Learning Requirements (OFA)
In order to fulfil the Additional Learning Requirement (Obbligo Formativo Aggiuntivo - OFA) for English and sit the English-language exam required by the study plan, students must achieve B1 proficiency per the Common European Framework of Reference for Languages (CEFR). This proficiency level may be certified as follows:
- by submitting a language certificate attesting B1, or higher level in English and issued no more than three years before the date of submission. You will find the list of language certificates recognized by the University at: https://www.unimi.it/en/node/297/. The certificate must be uploaded during the enrolment procedure, or subsequently to the portal http://studente.unimi.it/uploadCertificazioniLingue;
- by taking a placement test offered by the University Language Centre (SLAM) between October and December of the first year. Students who fail the test will be required to take a SLAM course.
The placement test is mandatory for all those who do not hold a valid certificate attesting to B1 or higher level.
Those who have not taken the placement test by the end of December or fail the end-of-course exam six times must obtain the necessary certification privately in order to fulfil the OFA and sit the English exam.
Places available: 250 + 12 reserved for non-EU citizens
Call for applications
Please refer to the call for admission test dates and contents, and how to register.
Session: 1
Application for admission: from 15/03/2023 to 30/05/2023
Application for matriculation: from 05/06/2023 to 14/06/2023
Session: 2
Application for admission: from 04/07/2023 to 31/08/2023
Application for matriculation: from 04/09/2023 to 08/09/2023
Online services
Learn more:
Programme description and courses list
First trimester
| Courses or activities | ECTS | Total hours | Language | SSD |
|---|---|---|---|---|
| Compulsory | ||||
| Business Administration and Accounting | 12 | 80 | Italian | SECS-P/07 |
| Mathematics | 12 | 80 | Italian | SECS-S/06 |
Second trimester
| Courses or activities | ECTS | Total hours | Language | SSD |
|---|---|---|---|---|
| Compulsory | ||||
| Management | 9 | 60 | Italian | SECS-P/08 |
| Private Law | 6 | 40 | Italian | IUS/01 |
Third trimester
| Courses or activities | ECTS | Total hours | Language | SSD |
|---|---|---|---|---|
| Compulsory | ||||
| English Business Communication | 9 | 60 | English | L-LIN/12 |
| Microeconomics | 12 | 80 | Italian | SECS-P/01 SECS-P/02 |
First trimester
| Courses or activities | ECTS | Total hours | Language | SSD |
|---|---|---|---|---|
| Compulsory | ||||
| Business Law | 6 | 40 | Italian | IUS/04 |
| Statistics | 12 | 80 | Italian | SECS-S/01 |
Second trimester
| Courses or activities | ECTS | Total hours | Language | SSD |
|---|---|---|---|---|
| Compulsory | ||||
| Macroeconomics | 12 | 80 | Italian | SECS-P/01 |
Third trimester
| Courses or activities | ECTS | Total hours | Language | SSD |
|---|---|---|---|---|
| Compulsory | ||||
| Principles of Accounting | 12 | 80 | Italian | SECS-P/07 |
| Public Finance | 9 | 60 | Italian | SECS-P/03 |
| Optional | ||||
| Business Statistics | 6 | 40 | Italian | SECS-S/01 |
| Statistics for Big Data for Economics and Business | 6 | 40 | Italian | SECS-S/03 |
Optional activities and study plan rules
3 - The student must choose 6 CFU (University Credits) between the following two courses:
| Courses or activities | ECTS | Total hours | Language | Lesson period | SSD |
|---|---|---|---|---|---|
| Business Statistics | 6 | 40 | Italian | Third trimester | SECS-S/01 |
| Statistics for Big Data for Economics and Business | 6 | 40 | Italian | Third trimester | SECS-S/03 |
First trimester
| Courses or activities | ECTS | Total hours | Language | SSD |
|---|---|---|---|---|
| Compulsory | ||||
| Econometrics | 6 | 40 | Italian | SECS-P/05 |
| Labour Law | 6 | 40 | Italian | IUS/07 |
| Optional | ||||
| Economic History | 9 | 60 | Italian | SECS-P/12 |
Second trimester
| Courses or activities | ECTS | Total hours | Language | SSD |
|---|---|---|---|---|
| Compulsory | ||||
| European Union Law | 6 | 40 | Italian | IUS/14 |
| Optional | ||||
| Financial Markets and Institutions | 9 | 60 | Italian | SECS-P/11 |
| Organization and Human Resource Management - Not Available | 9 | 60 | Italian | SECS-P/07 |
Open sessions
There are no specific sessions for these activities (e.g. open online courses).
| Courses or activities | ECTS | Total hours | Language | SSD |
|---|---|---|---|---|
| Optional | ||||
| Industrial Economy - Not Available | 9 | 60 | Italian | SECS-P/01 |
Conclusive activities
There are no specific sessions for these activities (e.g. open online courses).
| Courses or activities | ECTS | Total hours | Language | SSD |
|---|---|---|---|---|
| Compulsory | ||||
| Final Exam | 6 | 0 | Italian | |
Optional activities and study plan rules
1 - The student must choose 9 ECTS between the following two courses:
| Courses or activities | ECTS | Total hours | Language | Lesson period | SSD |
|---|---|---|---|---|---|
| Organization and Human Resource Management - Not Available | 9 | 60 | Italian | Second trimester | SECS-P/07 |
2 - The student must choose 9 ECTS between the following two courses:
| Courses or activities | ECTS | Total hours | Language | Lesson period | SSD |
|---|---|---|---|---|---|
| Economic History | 9 | 60 | Italian | First trimester | SECS-P/12 |
First semester
| Courses or activities | ECTS | Total hours | Language | SSD |
|---|---|---|---|---|
| Optional | ||||
| The Instruments of Gender Equality | 3 | 24 | Italian | IUS/08 |
Second semester
| Courses or activities | ECTS | Total hours | Language | SSD |
|---|---|---|---|---|
| Optional | ||||
| Constitution Education | 3 | 24 | Italian | IUS/08 |
| Laboratory: Sustainability and Sustainable Development | 3 | 24 | Italian | AGR/01 AGR/13 IUS/01 SECS-P/01 SPS/04 |
First trimester
| Courses or activities | ECTS | Total hours | Language | SSD |
|---|---|---|---|---|
| Optional | ||||
| Workshop: Anti-Mafia Journalism | 3 | 20 | Italian | SPS/08 |
Second trimester
| Courses or activities | ECTS | Total hours | Language | SSD |
|---|---|---|---|---|
| Optional | ||||
| Financial Market Law | 6 | 40 | Italian | IUS/04 |
| Organization and Human Resource Management - Ol | 6 | 40 | Italian | SECS-P/10 |
Third trimester
| Courses or activities | ECTS | Total hours | Language | SSD |
|---|---|---|---|---|
| Optional | ||||
| Entrepreneurship Lab | 3 | 20 | Italian | SECS-P/08 |
| History of Entrepreneurship | 9 | 60 | Italian | M-STO/08 |
| Laboratory "new Public Governance and Co-Production of Public Services" | 3 | 20 | Italian | SECS-P/10 |
| Laboratory: Organized Crime and Research Methodology. | 3 | 20 | Italian | SPS/09 |
| Laboratory:societies, Rights and Environmental Crime | 3 | 20 | Italian | SPS/07 |
| Laboratory:strategies for Managing Environmental Conflicts Through Participatory Mechanisms | 3 | 20 | Italian | IUS/10 |
Optional activities and study plan rules
4 - Students must obtain 15 free choice credits with courses, that may be taught also in other bachelor degrees or in other faculties.
To obtain these 15 free choice credits, the Teaching Committee suggests the courses not chosen from the pairwise alternatives proposed in the 2nd and 3rd year, or the courses listed on the web page https://ema.cdl.unimi.it/it/insegnamenti/attivita-scelta
In addition to the 15 free choice creits, the student must compulsorily obtain 6 credits through an internship.
To obtain these 15 free choice credits, the Teaching Committee suggests the courses not chosen from the pairwise alternatives proposed in the 2nd and 3rd year, or the courses listed on the web page https://ema.cdl.unimi.it/it/insegnamenti/attivita-scelta
In addition to the 15 free choice creits, the student must compulsorily obtain 6 credits through an internship.
5 - Additional to these 15 CFU, the student must obtain 6 CFU through an internship.
For the Undergraduate Course in Economics and Management some courses are preparatory and the related exams must be passed before being able to take the test in other courses, as detailed below:
Mathematics is mandatory for Statistics, Statistics for Big Data for Economics and Business, and Business Statistics.
Statistics is mandatory for Econometrics.
Microeconomics is mandatory for Public Finance.
Economia aziendale e Accounting is mandatory for Analisi di bilancio.
The fulfillment of the Additional Learning Obligations (Obblighi formativi aggiuntivi - OFA) of the disciplinary entry requirements is propaedeutic to the second and third year exames.
Mathematics is mandatory for Statistics, Statistics for Big Data for Economics and Business, and Business Statistics.
Statistics is mandatory for Econometrics.
Microeconomics is mandatory for Public Finance.
Economia aziendale e Accounting is mandatory for Analisi di bilancio.
The fulfillment of the Additional Learning Obligations (Obblighi formativi aggiuntivi - OFA) of the disciplinary entry requirements is propaedeutic to the second and third year exames.
Prescribed foundation courses
| Learning activity | Prescribed foundation courses |
|---|---|
| Business Statistics | Mathematics (compulsory) |
| Econometrics | Statistics (compulsory) |
| Principles of Accounting | Business Administration and Accounting (compulsory) |
| Public Finance | Microeconomics (compulsory) |
| Statistics | Mathematics (compulsory) |
| Statistics for Big Data for Economics and Business | Mathematics (compulsory) |
Learn more
Location
Milano
Head of study programme
Academic guidance tutor
Erasmus and international mobility tutor
Internship tutor
Seminar and workshop tutor
Quality Assurance Delegate
Reference structures
Contacts
The tuition fees for students enrolled in Bachelor's, Master's and single-cycle degree programmes are divided into two instalments with different calculation methods and payment schedules:
- The amount of the first instalment is the same for all students
- The amount of the second instalment varies according to the ISEE University value, the degree programme and the student status (on track / off track for one year or off track for more than a year)
- An additional fee is due for online programmes
The University also offers:
- Concessions for students meeting high merit requirements
- Diversified tuition fees according to the student's home country for international students with assets/income abroad
- Concessions for international students with refugee status
Scholarships and benefits
The University provides a range of financial benefits to students meeting special requirements (merit, financial or personal conditions, international students).
Learn more
Guidance:
Admission, ranking and enrolment