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International Economics, Management and Finance – (B.Sc.)

Location: Milan / Italy / View location on map ▾ Hide location on map ▴
Duration: 36 months
Languages: English 
9.189857,45.448343

Location of Università Commerciale Luigi Bocconi

The process of European integration is substantially changing numerous fields, ranging from social to legal domains, from the business world to the economic and financial spheres. The competitive arena in which business is done is getting larger by the day: it is increasingly necessary to think and operate in not only European, but also international terms.

The Bachelor of International Economics, Management and Finance, which is entirely taught in English, enables students to understand and analyze these dynamics thanks to a solid preparation focusing on enterprises and public and private institutions operating internationally, and especially in the European Union. The program gives students an in-depth assessment of the structure of the economic and financial system from an international perspective, as well as helping them acquire the tools needed to evaluate the mechanisms which regulate the process of integration of regional economies at the economic, monetary, commercial, financial, and institutional levels. In addition, students can choose to major in Economics, Management or Finance in their third year.

EDUCATIONAL GOALS

BIEMF allows its students:

  • to get an understanding of the methods and of the cultural, scientific and professional aspects necessary for graduates in international economics and operators of private and public companies that have strong international connections;
  • to master the fundamental instruments for the management of market functions and their development, and of international competition, with particular reference to the European Union single market as a platform for global competition;
  • to familiarise themselves with management models typical of companies with a significant international dimension and, more generally, company behaviour in different economic systems that are becoming increasingly integrated.
  • to have a basic knowledge of economic, quantitative and legal methods with an international focus, while providing an understanding of the institutional issues which characterize Europe;
  • to control the basic instruments needed to develop independent analysis and assessment of the structure of an economic system, again from an international perspective;
  • to develop the learning of quantitative methods for applied analysis in the macroeconomic and microeconomic fields;
  • to develop the following basic skills in domestic and international contexts:
    - analysis and decision-making skills in a business framework;
    - decision-making in complex economic and social contexts.
  • to understand what the financial system is, based on the knowledge of the financial system, of the institutions which work in it and of the primary and secondary financial markets.
  • to understand the mechanisms on which the formation of interest rates rests and the strategies put in place by monetary authorities in order to influence their trends and levels.
  • to know the basic concepts of private and public law and the basic notions of commercial law

Contents

PROGRAM STRUCTURE

Common subject basis

The program structure of this phase features the same subjects as all the Bachelor programs that share a common basis, with courses taught in English.
These courses teach students the basic concepts in economics and management and provide a solid foundation in law, mathematics and statistics. An essential perspective is offered by the economic history course.

Characteristics of the Bachelor program

In this second phase, the study program develops main topics regarding international economics, management and finance. In these core courses, students study the dynamics and determining factors of the global economy: growth, inflation, unemployment, and fiscal and monetary macroeconomic instruments. They also analyze political and economic integration processes in Europe and in international markets. The institutional, administrative and constitutional contexts, social dynamics, rules and regulations operating in European and non-European markets are all examined from a comparative point of view.

Personalization of study track

At the end of the first semester of the second year, students choose between a major in management, economics or finance, each including 6 courses. The program is completed with 2 elective courses (one of which may be substituted by an internship) and the final paper.

FIRST YEARS

Semester I

  • Management
  • Mathematics, Module 1 (General)
  • Economics, Module 1 (Microeconomics)

Semester II

  • Economics, Module 2 (Macroeconomics)
  • Computer skills for economics
  • Mathematics, Module 2 (Applied)
  • Economic history
  • First foreign language, Part I

SECOND YEAR

Semester I

  • Introduction to the legal system, Module 1
  • Accounting and financial statement analysis
  • Financial markets and institutions
  • Statistics

Semester II

Major in Management and in Economics

- European economic policy

- International economics

Major in Finance

- International and monetary economics

- Financial economics

  • Introduction to the legal system, Module 2
  • Corporate finance
  • Managerial skills seminars
  • First foreign language, Part II

THIRD YEAR

Semester I

  • Applications for economics, management and finance
  • Major compulsories

Semester II

  • Business Strategy
  • Comparative business and European law
  • Elective 1 or internship
  • Elective 2
  • Final report
  • Second foreign language
  • Total credit points

You are normally required to take an English Proficiency Test if you come from a non-English speaking country.

Most European Universities recognise the IELTS test.

More information

Requirements

Every year Università Bocconi establishes the maximum number of students that can be admitted to each study program. In this way the University guarantees the best possible living and study conditions for students, so that they can successfully complete their degrees and enter the job market.

For the selection, the two categories of applicants are determined according to the student's citizenship:

Graduate or transfer students from other foreign or Italian universities may partecipate in all the sessions of selection, according to procedures established for all the other applicants and have specific rules connected with the recognition of credits.

Funding details

Università Bocconi has a detailed system of tuition and fees, financial assistance and exemptions, aimed at providing all students the peace of mind necessary to complete their studies.

For three-year Bachelor programs in Economics, Università Bocconi foresees 4 income brackets adjusted to the economic and patrimony conditions of the student's original and de facto family.

The assigned income bracket will remain the same throughout the entire degree program, except in specific cases in which request for an income bracket can be checked or re-examined by either Università Bocconi or the student in question at the start of the academic year.


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