Economics and Management (EMA)
In particular, the Degree programme provides the skills necessary to understand: the economic and financial decision-making strategies and processes of firms, consumers, financial intermediaries and regulators; the functioning of markets for goods and services, financial markets and labor markets, their dynamics and their effects on economic development; the distribution of income and wealth; the evolution of macroeconomic dynamics, monetary policy interventions, economic policy decisions, including institutional and regulatory choices; management problems of firms operating at the European and international level, and organizational issues peculiar to private firms and public administrations. In addition, given the growing demand for computer skills in the business world, the Degree programme develops the practical and operational skills needed for data analysis through learning the statistical software R (used in Statistics, Statistics for Business Decisions and Statistics for Big Data courses) and Gretl (used in the Econometrics course).
- 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.
Job profile: banking and financial management technician.
Function in a work setting: banking administrative activities in back and front office, assisting customers on banking services offered, procedures for determining risks involved in the granting of mortgages and loans.
Skills associated with the function: maintaining and building relationships with customers, assessing creditworthiness, drafting reports and documents, monitoring the granting of credit to customers.
Employment opportunities: banking and financial intermediation sector.
Job profile: consultant.
Function in a work context: graduates in this function conduct research on concepts, theories, and methods for analyzing the strategy, structure, and production cycle of enterprises and organizations to improve their performance and identify the most appropriate responses to stresses from the economic system.
Skills associated with the function: practitioners have the competence to analyze data and information, formulate organizational proposals to improve the efficiency of production processes and the performance of enterprises, draft and formulate technical documents, and design the business plan of enterprises.
Employment outlets: private enterprises.
Job Profile: commercial agent
Function in a work context: graduates who perform this function visit stores or companies on behalf of manufacturing and distributing companies, proposing the purchase of products or services for sale or production; show samples, informational brochures, catalogs, and advertising material; explain the characteristics of the products offered; maintain customer relations; collect orders; and agree on delivery and payment schedules.
Skills associated with the function: workers in this field must have a perfect knowledge of the characteristics of the products and services they sell and notions of marketing. They must also be familiar with the rules governing business transactions at the national and international level.
Employment outlets: private enterprises.
Job profile: accountant and specialist in management and control
Function in a work context: the accounting specialist must have solid skills in general accounting and tax regulations; must be familiar with business and management accounting procedures; and must know how to use accounting programs adopted at the enterprise level.
Skills associated with the function: operators have the competence to analyze accounting records, verify the correctness of data collection procedures, check the consistency of management results in relation to the rules defined within the company, identify any anomalies, and deal with the preparation of company financial statements.
Employment outlets: private enterprises and public administrations.
Job profile: technical professions in organization, administration, and financial and business activities
Function in a work context: professions included in this class assist office managers of enterprises and organizations by implementing and supporting communication, documentation, and coordination activities of one or more organizational units; analyze the functioning of the organization in terms of effectiveness and efficiency in the use of resources; take care of organizational and management aspects of enterprises; maintain accounting and social books and records; implement administrative control systems of production activities; detect and transfer information; take care of correspondence activities with foreign partners and customers.
Skills associated with the function: workers analyze data and information, make organizational proposals to improve the efficiency of production processes and business performance, analyze accounting records, verify the correctness of data collection procedures, and check the consistency of management results.
Employment outlets: private enterprises and public administrations.
Employment statistics (Almalaurea)
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), in France (Université de Cergy Pontoise), in Switzerland (Université de Fribourg) and other European countries.
The courses offered by partners include core subjects and disciplines of Economics and Management such as Management, Economics, Accounting, Marketing.
The choice of courses must be made by students before their departure in collaboration with the Erasmus tutor; the credits can be officially recognized and included in the curriculum at the end of the exchange period.
La frequenza ai laboratori è obbligatoria.
In order to be admitted to the Bachelor's Degree programme, prospective students must hold an upper secondary school diploma or equivalent qualification obtained abroad after at least 12 years of schooling; they also must have an adequate educational background and possess basic skills in the area of language comprehension, logic and mathematics.
Pursuant to Art. 2 of the Law 264/1999, in order to ensure high quality education (in particular with respect to the capacity constraints necessary to run laboratories, and to hold individual and group presentations in some courses), the maximum number of students who can enroll in the Bachelor's Degree programme is set at 250, plus 12 places reserved for international non-EU candidates residing abroad.
Assessment of basic knowledge and skills will be ascertained through an online admission test - TOLC-E, the Online Test organized by CISIA (Interuniversity Consortium for Integrated Access Systems), that will focus on the topics listed in the syllabus given at the following link: https://www.cisiaonline.it/area-tematica-tolc-economia/struttura-della-prova-e-sillabo/
Selection of students is based on the score obtained in the TOLC-E admission test.
Applicants who want to transfer from other Degree programmes or who already hold a degree and request its recognition (partial or total) must also sit for the test and rank sufficiently high.
The admission test is organized in two sessions: the first session, in Spring 2024, is exclusively reserved to students attending their last year of secondary school; the second session, open to all candidates, will take place in Summer 2024.
International non-EU candidates residing abroad - both those in their last year of secondary school and those who already got their diploma in previous years - must apply in the first admission session, in Spring 2024. Non-EU candidates who don't reach an overall score of 4 in the reading comprehension section of the TOLC-E will be excluded from the admission procedure.
Additional Learning Requirements
Admitted candidates who didn't reach an overall score of 5 in mathematics and logic sections of the TOLC-E will be assigned Additional Learning Requirements (OFA, Obblighi Formativi Aggiuntivi) in the area of logic and mathematics, that must be fulfilled within the first year; students who do not fulfil OFA within this deadline will not be able to take the exams of the second or third year. Further information on these OFA are available online on the Bachelor Degree programme website: https://ema.cdl.unimi.it/it/insegnamenti/recupero-ofa.
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/it/node/39322. 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 14/03/2024 to 30/05/2024
Application for matriculation: from 21/06/2024 to 27/06/2024
Session: 2
Application for admission: from 04/07/2024 to 29/08/2024
Application for matriculation: from 24/10/2024 to 30/10/2024
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 |
Courses or activities | ECTS | Total hours | Language | SSD |
---|---|---|---|---|
Compulsory | ||||
Management | 9 | 60 | Italian | SECS-P/08 |
Private Law | 6 | 40 | Italian | IUS/01 |
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 |
Courses or activities | ECTS | Total hours | Language | SSD |
---|---|---|---|---|
Compulsory | ||||
Business Law | 6 | 40 | Italian | IUS/04 |
Statistics | 12 | 80 | Italian | SECS-S/01 |
Courses or activities | ECTS | Total hours | Language | SSD |
---|---|---|---|---|
Compulsory | ||||
Macroeconomics | 12 | 80 | Italian | SECS-P/01 |
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 |
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 |
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 |
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 | 9 | 60 | Italian | SECS-P/07 |
Economic Policy | 9 | 60 | Italian | SECS-P/02 |
Marketing Management | 9 | 60 | Italian | SECS-P/08 |
Courses or activities | ECTS | Total hours | Language | SSD |
---|---|---|---|---|
Optional | ||||
Industrial Economy | 9 | 60 | Italian | SECS-P/01 |
Courses or activities | ECTS | Total hours | Language | SSD |
---|---|---|---|---|
Compulsory | ||||
Final Exam | 6 | 0 | Italian |
- Financial Markets and Institutions
- Organization and Human Resources Management*
* Please note that the course Organization and Human Resources Management (9 CFUs) will be available starting from the a.y. 2025/26.
Courses or activities | ECTS | Total hours | Language | Lesson period | SSD |
---|---|---|---|---|---|
Financial Markets and Institutions | 9 | 60 | Italian | Second trimester | SECS-P/11 |
- Economic History
- Industrial Economiy*
* Please note that the course Industrial Economy (9 CFUs) will be available starting from the a.y. 2025/26.
Courses or activities | ECTS | Total hours | Language | Lesson period | SSD |
---|---|---|---|---|---|
Economic History | 9 | 60 | Italian | First trimester | SECS-P/12 |
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 |
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 |
History of Money and Financial Institutions | 6 | 40 | Italian | SECS-P/12 |
Lab: Financialization | 3 | 20 | Italian | SECS-P/12 |
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.
- 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 exams.
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) |
- Didactic Secretariat
via Conservatorio, 7 - 20122 Milano (MI), Italia
[email protected] - Disability Referee
Prof.ssa Silvia Angeloni - Student registrar
via Santa Sofia, 9/1 - 20122 Milano (MI), Italia
https://www.unimi.it/it/studiare/servizi-gli-studenti/segreterie-informastudenti
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