Economics and Management (EMA)
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)
Qualifications and skills required for admission
Admission into the Bachelor's degree programme in Economics and Management is conditional upon earning a secondary-school diploma, or other equivalent foreign diploma.
In order to safeguard educational quality standards in relation to available resources, pursuant to art. 2 of Law 264/1999, enrolment in the degree programme is capped to 250 students, plus a quota of non-EU students residing abroad.
Students must have a skill set and knowledge base allowing them to successfully follow the study programme. More specifically, logical, mathematical and language skills will be assessed for the purpose of admission.
Admission to the programme is subject to a mandatory online test delivered by CISIA (Interuniversity Consortium for Integrated Access Systems): TOLC-E. The test assesses the candidate's knowledge base and skills in the area of language and communication, as well as logic and mathematics.
Students who apply for transfer from other degree programmes, or who already have a university degree and apply for its partial or total recognition, must also take the test and rank high enough to be admitted.
Two admission sessions will be held – one in the Spring for 150 places, and one in the Summer for 100 places, and any remaining places from the Spring session. The Spring session (from May 19 to June 12) is reserved for upcoming secondary-school graduates and will be held remotely (TOLC@CASA). The delivery mode of the TOLC-E test for the Summer session (in July after the school-leaving exam, and from August 24 to September 4), depending on the ongoing health emergency, will be posted to the University portal at: https://www.unimi.it/it/studiare/frequentare-un-corso-di-laurea/iscriversi/iscriversi-una-prima-laurea/test-tolc-cisia .
Additional learning requirements (OFA)
Candidates admitted with an overall score (unweighted sum of the scores) of less than 5 in the mathematics and logic sections of the TOLC-E test will have to fulfil additional learning requirements (OFA) in the area of logic and mathematics within Year I of the programme. Students who do not fulfil these requirements within the deadline must enrol in the following academic year as students repeating Year I, and will not be able to take any exams for years following Year I.
To fulfil the OFA in logic/mathematics, students must follow the MOOC available at https://www.federica.eu/c/matematica_di_base_economia/ with a focus on subjects in which they are weaker. They will also have to pass, with more than 75% correct answers, an online test with questions and exercises on mathematics prerequisites. The test will be made available at the beginning of the A.Y. on the online platform indicated by Prof. Puccetti, in charge of OFA. Students who fail the test can sit for it again after 30 days.
English-language OFA – Proficiency level B1
In order to take the English language exam required by the study plan, students must be proficient in English at a B1 level under the Common European Framework of Reference for Languages (CEFR). English-language proficiency at a B1 level as defined in the CEFR may be certified as follows:
- Through a language certification, earned within three years prior to the date of submission, at a B1 level or higher (for the list of language certifications recognised by the University, please review: https://www.unimi.it/it/studiare/competenze-linguistiche/placement-test-test-di-ingresso-e-corsi-di-inglese). The certificate must be uploaded at enrolment.
- Through a Placement Test, administered by SLAM during Year I, from October to December. Should a student fail the test, he/she must take the course provided by SLAM.
The Placement Test is mandatory for all students who fail to submit a valid certificate.
Those who do not take the Placement Test by December, or who fail to pass the final exam for the course within six attempts, must obtain an outside (paid) certification by the programme year contemplated for their exam in English.
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.
Highly recommended, not mandatory
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).
Admission, ranking and enrolment