Economics and Management (Classi L-18/L-33)-Enrolled from 2018/2019 Academic Year

Bachelor

A.Y. 2023/2024

L-18 - Scienze dell'economia e della gestione aziendale (EN), L-33 - Scienze economiche (EN)

Go to the programme website

Bachelor

180

ECTS

Access

Limited enrolment with admission test

Years

Milano

Italian

Course objectives

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)

Career and employment

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)

Entry requirements

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.

Study abroad

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.

Course attendance

Course attendance is highly recommended.

Courses list

Educational Plan

First trimester

Courses or activities	Max 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	Max 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	Max 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	Max 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	Max ECTS	Total hours	Language	SSD
Compulsory
Macroeconomics	12	80	Italian	SECS-P/01

Third trimester

Courses or activities	Max 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	Max 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	Max 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	Max 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	9	60	Italian	SECS-P/07

Economic Policy	9	60	Italian	SECS-P/02
Marketing Management	9	60	Italian	SECS-P/08

Open sessions

There are no specific sessions for these activities (e.g. open online courses).

Courses or activities	Max ECTS	Total hours	Language	SSD
Optional
Industrial Economy	9	60	Italian	SECS-P/01

Conclusive activities

There are no specific sessions for these activities (e.g. open online courses).

Courses or activities	Max 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	Max ECTS	Total hours	Language	Lesson period	SSD
Financial Markets and Institutions	9	60	Italian	Second trimester	SECS-P/11
Organization and Human Resource Management	9	60	Italian	Second trimester	SECS-P/07

2 - The student must choose 9 ECTS between the following two courses:

Courses or activities	Max ECTS	Total hours	Language	Lesson period	SSD
Economic History	9	60	Italian	First trimester	SECS-P/12
Industrial Economy	9	60	Italian	Open sessions	SECS-P/01

Second trimester

Courses or activities	Max 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	Max ECTS	Total hours	Language	SSD
Optional
Entrepreneurship Lab	3	20	Italian	SECS-P/08
History of Entrepreneurship	9	60	Italian	M-STO/08
Lab: Financialization	3	20	Italian	SECS-P/12

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.

5 - Additional to these 15 CFU, the student must obtain 6 CFU through an internship.

Curriculum propedeutical courses

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.

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)