Business Administration, Law and Corporate Governance
Business Administration, Law and Corporate Governance
Course sheet
A.Y. 2025/2026
Master programme
LM-77 R - Scienze economico-aziendali
Upon completion of the Master's degree programme, graduates will possess extensive knowledge in the areas of business administration, mathematics, statistics and law, acquired through a combination of courses and learning methods. This will enable students to develop the skills needed to address corporate problems with a dynamic and integrated approach, as required to run a business, manage the economic and financial operations of public administrations and private companies, and to plan and steer change, by improving the efficacy, efficiency and cost-effectiveness of the management process. These goals should be achieved while putting economic, environmental and social sustainability at the centre of business operations, and while fully respecting gender equality principles. Graduates will master the above-mentioned knowledge also by using quantitative formalisation logics and techniques, by adopting an international and intercultural perspective, and by leveraging technological and digital innovations. They will acquire the methods, know-how and skills required to hold managerial roles in corporate administration and governance. They will be able to assess the impact of measures pertaining to the domains of strategic policy-making, management, planning and control, and the short, medium and long term impacts of corporate projects on a national and international scale, also with regard to the current globalised economic landscape. Moreover, they will develop the knowledge and skills needed to work as freelance professionals in the field of economics.
Graduates will be able to use the specific vocabulary of the various subjects studied to achieve effective communication, both orally and in writing, including by relying on digital communication tools. Thanks to the skills acquired, they will be able to smoothly integrate into new work teams while maintaining decision-making autonomy, and to constantly upgrade their theoretical and practical know-how in consideration of the latest technological trends regarding production, organisation and financial processes.
The programme optimally prepares students to work as: businessperson or manager for public or private companies and organisations of the industrial and service sectors; freelance professionals (for economics-related professions); high-level expert or consultant, particularly in the areas of business administration, management and organisation, labour and production, finance, management planning and control, internal and statutory auditing, design and management of intra- and inter-organisational networks. Graduates may also be employed by Italian and international consultancy firms specialised in strategic planning and organisational design processes, also with a view to ESG sustainability criteria. Moreover, graduates will possess advanced theoretical and methodological knowledge on the legal compliance of business phenomena and dynamics, with a view to the national, European and extra-European context. They will be able to apply the set of knowledge acquired in the areas of law, taxation, accounting and business administration for the purposes of managing crises and preventing compliance risks, and to participate in the definition of corporate ESG sustainability indexes. Career opportunities may also be found in the area of professional services for the third sector, which is rapidly expanding both in Italy and Europe.
To complement the range of competencies taught during the programme, students who choose the business administration curriculum are to complete a professional internship, which is worth 10 credits (CFU/ECTS).
This internship complies with the provisions of the Framework Agreement signed between the Italian Ministry of University and Research (MUR) and the Consiglio Nazionale dei Dottori Commercialisti e degli Esperti Contabili (Italian Board of Chartered Accountants and Accounting Experts). To implement the Framework Agreement, the University of Milan has signed an ad-hoc agreement with the Ordine dei Dottori Commercialisti ed Esperti Contabili di Milano (Association of Chartered Accountants and Accounting Experts of Milan). Students who choose the business administration curriculum and meet all the requirements stated in the Agreement, also with regard to their Bachelor's degree, can benefit from the provisions of the Framework Agreement with regard to the State Exam for chartered accountants and accounting experts.
The Academic Board reserves the right to award internship credits also for other forms of traineeship or work activity that are nonetheless relevant to the degree programme and the expected graduate profile.
The study plan also requires students to develop computer skills and to achieve English proficiency at level B2 (through a dedicated English course).
The learning pathway culminates in a final exam.
During the first year, students will acquire competencies regarding commercial law, tax law, business economics (IFRS standards, consolidated financial statements, business valuation and extraordinary operations), finance and applied economics, general and economic statistics.
For students who choose the business administration curriculum, the second year will include courses on company crisis and insolvency, labour law for business economics, planning, scheduling and controlling, auditing and auditing skills. These courses are intended to adequately prepare students for the professional internship required to access the State Exam for chartered accountants. As already explained, those who opt for this curriculum have to complete a professional internship during the course of the programme.
Alternatively, students can choose the curriculum "Economics and law", which has a stronger focus on legal subjects. This curriculum includes courses on company crisis and insolvency, civil execution (including over-indebtedness proceedings), tools for the protection of company assets, labour law and business risk management, business criminal law, internal market law and EU competition law. Students who opt for this curriculum are not required to complete an internship.
The knowledge and skills described above will be developed over a two-year study programme, which provides for the acquisition of 120 CFU/ECTS credits. The programme includes twelve courses, plus 1 CFU for computer skills and 3 CFU for English proficiency, as well as credits for the final exam and the professional internship (the latter only for students in the second year of the Business administration curriculum). With regard to the English credits, students can be exempt from taking the language test if they submit a B2 English certificate recognised by the University.
During the first year, students will acquire competencies regarding commercial law, tax law, business economics, finance and applied economics, general and economic statistics.
In the second year, students must choose between two alternative curricula:
a) Business administration: this curriculum is specifically designed to optimally prepare students who wish to undertake the professional internship required to access the State Exam for chartered accountants. During the second year, students will acquire competencies regarding Company crisis and insolvency (IUS/15) and Labour law for business economics (IUS/07), as well as further qualifying expertise in Business economics and auditing (SECS-P/07). Students opting for this curriculum are required to complete a professional internship, for which they are awarded 10 credits.
This curriculum respects the provisions of the 2014 Framework Agreement between the Italian Ministry of University and Research (MUR) and the Italian Board of Chartered Accountants and Accounting Experts, allowing students to do their internship during their studies (thanks to the Agreement signed between the University and the Association of Chartered Accountants and Accounting Experts of Milan) and to be exempt from taking the first written part of the State Exam.
This opportunity is open only to students who, at the time of enrolment, have already earned at least 24 CFU/ECTS credits in the scientific disciplinary sector SECS-P/07 and at least 15 CFU/ECTS credits in the scientific disciplinary sectors SECS-P/08, SECS-P/09, SECS-P/10, SECS-P/11. Moreover, they must meet all the requirements specified in the Agreement, which is published on the website of the degree programme .
b) Economics and law: this curriculum has a stronger focus on legal subjects. Students are still provided with thorough preparation to approach the professional internship required to access the State Exam for chartered accountants, but they cannot benefit from the provisions of the 2014 Framework Agreement (i.e. they cannot do their internship during their studies and are not exempt from taking the first written part of the State Exam). During the second year of this curriculum, students will acquire specific competencies regarding Company crisis and insolvency, with a focus on civil execution (IUS/15), Business criminal law (IUS/17), as well as Internal market law and EU competition law (IUS/14). Based on their inclinations, students opting for this curriculum may choose to acquire specific knowledge and skills regarding either Tools for the protection of company assets (IUS/01) or Labour law in business risk management (IUS/07).
Students of both curricula are expected to acquire computer skills (1 CFU) and language skills (3 CFU for English proficiency). For the latter, students may submit one of the recognised certificates pursuant to the relevant Regulation of the University of Milan, attesting proficiency at the minimum level required, i.e. B2.
Graduates will be able to use the specific vocabulary of the various subjects studied to achieve effective communication, both orally and in writing, including by relying on digital communication tools. Thanks to the skills acquired, they will be able to smoothly integrate into new work teams while maintaining decision-making autonomy, and to constantly upgrade their theoretical and practical know-how in consideration of the latest technological trends regarding production, organisation and financial processes.
The programme optimally prepares students to work as: businessperson or manager for public or private companies and organisations of the industrial and service sectors; freelance professionals (for economics-related professions); high-level expert or consultant, particularly in the areas of business administration, management and organisation, labour and production, finance, management planning and control, internal and statutory auditing, design and management of intra- and inter-organisational networks. Graduates may also be employed by Italian and international consultancy firms specialised in strategic planning and organisational design processes, also with a view to ESG sustainability criteria. Moreover, graduates will possess advanced theoretical and methodological knowledge on the legal compliance of business phenomena and dynamics, with a view to the national, European and extra-European context. They will be able to apply the set of knowledge acquired in the areas of law, taxation, accounting and business administration for the purposes of managing crises and preventing compliance risks, and to participate in the definition of corporate ESG sustainability indexes. Career opportunities may also be found in the area of professional services for the third sector, which is rapidly expanding both in Italy and Europe.
To complement the range of competencies taught during the programme, students who choose the business administration curriculum are to complete a professional internship, which is worth 10 credits (CFU/ECTS).
This internship complies with the provisions of the Framework Agreement signed between the Italian Ministry of University and Research (MUR) and the Consiglio Nazionale dei Dottori Commercialisti e degli Esperti Contabili (Italian Board of Chartered Accountants and Accounting Experts). To implement the Framework Agreement, the University of Milan has signed an ad-hoc agreement with the Ordine dei Dottori Commercialisti ed Esperti Contabili di Milano (Association of Chartered Accountants and Accounting Experts of Milan). Students who choose the business administration curriculum and meet all the requirements stated in the Agreement, also with regard to their Bachelor's degree, can benefit from the provisions of the Framework Agreement with regard to the State Exam for chartered accountants and accounting experts.
The Academic Board reserves the right to award internship credits also for other forms of traineeship or work activity that are nonetheless relevant to the degree programme and the expected graduate profile.
The study plan also requires students to develop computer skills and to achieve English proficiency at level B2 (through a dedicated English course).
The learning pathway culminates in a final exam.
During the first year, students will acquire competencies regarding commercial law, tax law, business economics (IFRS standards, consolidated financial statements, business valuation and extraordinary operations), finance and applied economics, general and economic statistics.
For students who choose the business administration curriculum, the second year will include courses on company crisis and insolvency, labour law for business economics, planning, scheduling and controlling, auditing and auditing skills. These courses are intended to adequately prepare students for the professional internship required to access the State Exam for chartered accountants. As already explained, those who opt for this curriculum have to complete a professional internship during the course of the programme.
Alternatively, students can choose the curriculum "Economics and law", which has a stronger focus on legal subjects. This curriculum includes courses on company crisis and insolvency, civil execution (including over-indebtedness proceedings), tools for the protection of company assets, labour law and business risk management, business criminal law, internal market law and EU competition law. Students who opt for this curriculum are not required to complete an internship.
The knowledge and skills described above will be developed over a two-year study programme, which provides for the acquisition of 120 CFU/ECTS credits. The programme includes twelve courses, plus 1 CFU for computer skills and 3 CFU for English proficiency, as well as credits for the final exam and the professional internship (the latter only for students in the second year of the Business administration curriculum). With regard to the English credits, students can be exempt from taking the language test if they submit a B2 English certificate recognised by the University.
During the first year, students will acquire competencies regarding commercial law, tax law, business economics, finance and applied economics, general and economic statistics.
In the second year, students must choose between two alternative curricula:
a) Business administration: this curriculum is specifically designed to optimally prepare students who wish to undertake the professional internship required to access the State Exam for chartered accountants. During the second year, students will acquire competencies regarding Company crisis and insolvency (IUS/15) and Labour law for business economics (IUS/07), as well as further qualifying expertise in Business economics and auditing (SECS-P/07). Students opting for this curriculum are required to complete a professional internship, for which they are awarded 10 credits.
This curriculum respects the provisions of the 2014 Framework Agreement between the Italian Ministry of University and Research (MUR) and the Italian Board of Chartered Accountants and Accounting Experts, allowing students to do their internship during their studies (thanks to the Agreement signed between the University and the Association of Chartered Accountants and Accounting Experts of Milan) and to be exempt from taking the first written part of the State Exam.
This opportunity is open only to students who, at the time of enrolment, have already earned at least 24 CFU/ECTS credits in the scientific disciplinary sector SECS-P/07 and at least 15 CFU/ECTS credits in the scientific disciplinary sectors SECS-P/08, SECS-P/09, SECS-P/10, SECS-P/11. Moreover, they must meet all the requirements specified in the Agreement, which is published on the website of the degree programme .
b) Economics and law: this curriculum has a stronger focus on legal subjects. Students are still provided with thorough preparation to approach the professional internship required to access the State Exam for chartered accountants, but they cannot benefit from the provisions of the 2014 Framework Agreement (i.e. they cannot do their internship during their studies and are not exempt from taking the first written part of the State Exam). During the second year of this curriculum, students will acquire specific competencies regarding Company crisis and insolvency, with a focus on civil execution (IUS/15), Business criminal law (IUS/17), as well as Internal market law and EU competition law (IUS/14). Based on their inclinations, students opting for this curriculum may choose to acquire specific knowledge and skills regarding either Tools for the protection of company assets (IUS/01) or Labour law in business risk management (IUS/07).
Students of both curricula are expected to acquire computer skills (1 CFU) and language skills (3 CFU for English proficiency). For the latter, students may submit one of the recognised certificates pursuant to the relevant Regulation of the University of Milan, attesting proficiency at the minimum level required, i.e. B2.
Graduates in Business Administration, Law and Corporate Governance are expected to take on high-responsibility roles within private companies, public administrations and third-sector organisations, firms, national and international bodies, insurance, banking and financial intermediaries, or to work as freelance professionals and consultants.
Possible professions for graduates are:
a) business consultant, administration, finance and control manager
"Target positions for graduates": business consultant specialised in providing assistance in business administration and tax and legal matters with regard to extraordinary operations; administration, finance and control manager for businesses, public entities or non-profit organisations.
"Job function": he/she provides advanced consultancy and professional services in the area of business design; support companies in their accounting and financial reporting activities, on behalf of private clients; carries out advanced economic and financial assessments in case of extraordinary operations of varying complexity; controls the accounts and financial statements of private or public companies, and supervise their performance by serving as member of the board of auditors or as statutory auditor; may be appointed as trustee, receiver, liquidator, attestor or member of over-indebtedness crisis settlement bodies (known in Italian as O.C.C., Organismi di composizione della crisi da sovraindebitamento) in insolvency proceedings, provided that he/she meets the corresponding requirements pursuant to the relevant legislation after earning his/her Master's degree; may serve as member of Independent Evaluation Bodies (Organismi Indipendenti di Valutazione, OIV), Independent Evaluation Units (Nuclei di Valutazione, NdV) or Supervisory Bodies (Organismi di Vigilanza, OdV), pursuant to Legislative Decree no. 231/2001, subject to fulfilment of the specific legal requirements for such positions; provides financial consulting to enterprises and entrepreneurs; provide tax and business administration consultancy, based on its knowledge of the legal aspects of the operations treated; carries out economic and financial analyses to support company operations, as well as assessments on compliance, quality control procedures, sustainability and corporate social responsibility; provides consultancy on the application of organisational models and human resources management, as well on business administration, also with regard to work relationships, advisory services for organisation and companies regarding the correct management of tax aspects, and consultancy on insolvency matters, also with a view to preventing company risks.
"Professional skills": the set of knowledge, competencies and skills, including soft skills, acquired during the programme (such as data analysis, drafting of budgets and reports, auditing, drafting and interpretation of consolidated financial statements and accounts compiled according to national and international accounting standards) is usually applied in the above-mentioned work contexts, enabling graduates to provide consultancy services in the area of business administration, with particular expertise in tax law, company law, insolvency law, labour law, business criminal law and contract law.
"Potential employers": professional firms and auditing companies providing consultancy services - with regard to taxes and revenues, accounting, business administration and insolvency proceedings - to organisations, companies and individuals; advisory firms and commercial, manufacturing or service businesses looking for expertise and skills in the areas of management, accounting, organisation, labour, finance, management control and planning, auditing, design and management of intra- and inter-organisational networks; crisis settlement bodies (O.C.C.); supervisory and evaluation bodies.
b) corporate legal and business consultant
"Target positions for graduates": consultant specialised in providing assistance in business administration and tax and legal matters with regard to extraordinary operations; middle manager in charge of administration, finance and control at businesses, public entities or non-profit organisations.
"Job function": he/she provides advisory services on business administration and tax and legal matters with regard to operations on a national or European scale; carries out economic and financial analyses in the frame of extraordinary operations, or to support transfer pricing decisions; carries out assessments on compliance, quality control procedures, sustainability and corporate social responsibility; provides business consultancy on matters linked to work relationships and social security, tax consultancy to organisations, companies and individuals, as well as consultancy on business and insolvency matters to organisations and entities, also with a view to preventing business risks; assists companies in drafting contracts governed by EU law.
"Professional skills": the set of knowledge, competencies and skills, including soft skills, acquired during the programme is usually applied in the above-mentioned work contexts, enabling graduates to provide business administration and legal consultancy services, with particular expertise in tax law, company law, insolvency law, labour law, business criminal law, contract law and EU competition law.
"Potential employers": national and international auditing firms; management and strategy consultancy firms; companies specialising in business and tax advisory services; commercial, manufacturing or service businesses; public entities; non-profit organisations.
Possible professions for graduates are:
a) business consultant, administration, finance and control manager
"Target positions for graduates": business consultant specialised in providing assistance in business administration and tax and legal matters with regard to extraordinary operations; administration, finance and control manager for businesses, public entities or non-profit organisations.
"Job function": he/she provides advanced consultancy and professional services in the area of business design; support companies in their accounting and financial reporting activities, on behalf of private clients; carries out advanced economic and financial assessments in case of extraordinary operations of varying complexity; controls the accounts and financial statements of private or public companies, and supervise their performance by serving as member of the board of auditors or as statutory auditor; may be appointed as trustee, receiver, liquidator, attestor or member of over-indebtedness crisis settlement bodies (known in Italian as O.C.C., Organismi di composizione della crisi da sovraindebitamento) in insolvency proceedings, provided that he/she meets the corresponding requirements pursuant to the relevant legislation after earning his/her Master's degree; may serve as member of Independent Evaluation Bodies (Organismi Indipendenti di Valutazione, OIV), Independent Evaluation Units (Nuclei di Valutazione, NdV) or Supervisory Bodies (Organismi di Vigilanza, OdV), pursuant to Legislative Decree no. 231/2001, subject to fulfilment of the specific legal requirements for such positions; provides financial consulting to enterprises and entrepreneurs; provide tax and business administration consultancy, based on its knowledge of the legal aspects of the operations treated; carries out economic and financial analyses to support company operations, as well as assessments on compliance, quality control procedures, sustainability and corporate social responsibility; provides consultancy on the application of organisational models and human resources management, as well on business administration, also with regard to work relationships, advisory services for organisation and companies regarding the correct management of tax aspects, and consultancy on insolvency matters, also with a view to preventing company risks.
"Professional skills": the set of knowledge, competencies and skills, including soft skills, acquired during the programme (such as data analysis, drafting of budgets and reports, auditing, drafting and interpretation of consolidated financial statements and accounts compiled according to national and international accounting standards) is usually applied in the above-mentioned work contexts, enabling graduates to provide consultancy services in the area of business administration, with particular expertise in tax law, company law, insolvency law, labour law, business criminal law and contract law.
"Potential employers": professional firms and auditing companies providing consultancy services - with regard to taxes and revenues, accounting, business administration and insolvency proceedings - to organisations, companies and individuals; advisory firms and commercial, manufacturing or service businesses looking for expertise and skills in the areas of management, accounting, organisation, labour, finance, management control and planning, auditing, design and management of intra- and inter-organisational networks; crisis settlement bodies (O.C.C.); supervisory and evaluation bodies.
b) corporate legal and business consultant
"Target positions for graduates": consultant specialised in providing assistance in business administration and tax and legal matters with regard to extraordinary operations; middle manager in charge of administration, finance and control at businesses, public entities or non-profit organisations.
"Job function": he/she provides advisory services on business administration and tax and legal matters with regard to operations on a national or European scale; carries out economic and financial analyses in the frame of extraordinary operations, or to support transfer pricing decisions; carries out assessments on compliance, quality control procedures, sustainability and corporate social responsibility; provides business consultancy on matters linked to work relationships and social security, tax consultancy to organisations, companies and individuals, as well as consultancy on business and insolvency matters to organisations and entities, also with a view to preventing business risks; assists companies in drafting contracts governed by EU law.
"Professional skills": the set of knowledge, competencies and skills, including soft skills, acquired during the programme is usually applied in the above-mentioned work contexts, enabling graduates to provide business administration and legal consultancy services, with particular expertise in tax law, company law, insolvency law, labour law, business criminal law, contract law and EU competition law.
"Potential employers": national and international auditing firms; management and strategy consultancy firms; companies specialising in business and tax advisory services; commercial, manufacturing or service businesses; public entities; non-profit organisations.
With regard to the internationalisation of learning, students of this degree programme may take part in the Erasmus+ and Erasmus+ Traineeship programmes based on the many agreements signed between the University of Milan and other important universities. Furthermore, the University of Milan may host visiting professors and visiting scholars and organise lectures and seminars held by professors from other countries.
Further information is available at https://www.unimi.it/en/international/study-abroad
Further information is available at https://www.unimi.it/en/international/study-abroad
Attendance is not compulsory but strongly recommended.
Enrolment
Applicants are required to have a good grounding in business-related subjects, including qualitative and quantitative methods used in business administration, economics, statistics, maths and law.
Admission to the Master's degree programme in BUSINESS ADMINISTRATION, LAW AND CORPORATE GOVERNANCE is open to applicants holding a Bachelor's degree in one of the classes listed below, or in one of the corresponding classes pursuant to Ministerial Decree 509/99. Upcoming graduates in the same classes may also be admitted conditionally, provided that they have already obtained 160 credits at the time of enrolment. Should this be the case, their enrolment will become effective only if they earn their Bachelor's degree by 31 December of the same year.
a) Bachelor's degree in one of the following classes: L-18; L-33; L-14 pursuant to Ministerial Decree 270/2004 (or equivalent degree classes pursuant to Ministerial Decree 509/99), or another Bachelor's degree related to economics and/or law;
b) a foreign qualification equivalent to those mentioned in point a) and recognised as suitable for admission.
Minimum academic requirements:
a) Students must hold a Bachelor's or Master's degree in one of the classes mentioned above or another degree related to economics and/or law, or a foreign qualification recognised as suitable for admission.
b) Students must have earned the following university credits (CFU/ECTS) before accessing this programme, also by enrolling in single courses and passing the corresponding exam:
b.1) at least 18 CFU/ECTS in the scientific-disciplinary sector (SSD) SECS-P/07;
b.2) at least 15 CFU/ECTS in one or more of the following SSDs: SECS-P/08, SECS-P/09, SECS-P/10, SECSP/11;
b.3) at least 6 CFU/ECTS in the SSD IUS/01;
b.4) at least 6 CFU/ECTS in the SSD IUS/04;
c) Proficiency in English at a B1 level or higher under the Common European Framework of Reference for Languages (CEFR) is required for admission.
The B1-level requirement is ascertained by the University Language Centre (SLAM) during the admission process, as follows:
- language certificate at or above B1, obtained no more than three years earlier. For the list of language certificates recognised by the University, see https://www.unimi.it/en/node/39267/. In this case, applicants must upload the certificate when completing their application for admission;
- English level achieved during a University of Milan degree programme and certified by the University Language Centre (SLAM) no more than four years before the date of the admission application, including levels based on language certificates submitted by applicants during their Bachelor's degree at the University of Milan. Only levels certified in the last four years are considered valid. In this case the process is automatic, the applicant does not have to attach any certificates to the application;
- entry test administered by the University Language Centre (SLAM) according to the calendar published on the website: https://www.unimi.it/en/node/39267/. Those who fail to submit a valid certificate or do not meet the required proficiency level will be instructed, during the admission procedure, to take the entry test.
Applicants who do not take or pass the entry test will be required to obtain a language certificate recognised by the University (https://www.unimi.it/en/node/39322) and send it to SLAM via the InformaStudenti service by the deadline set for the Master's degree programme (https://www.unimi.it/en/node/39267/).
Applicants who do not meet the requirement by said deadline will not be admitted to the Master's degree programme and may not sit any further tests.
d) For those who have a foreign degree, Italian proficiency at a B1 level or higher per the Common European Framework of Reference for Languages (CEFR) is required for admission.
The B1-level requirement is assessed by the University Language Centre (SLAM) during the admission process, as follows:
- Italian language certificate attesting to a B1 level or higher and issued no more than 3 years before the date of submission. For the list of language certificates recognised by the University, see: https://www.unimi.it/en/node/349. In this case, applicants must upload the certificate when completing their application for admission;
- Italian proficiency level achieved during a University of Milan degree programme and certified by the University Language Centre (SLAM). Only levels certified in the last four years are considered valid. In this case the process is automatic, the applicant does not have to attach any certificates to the application;
- entry test administered by the University Language Centre (SLAM) according to the calendar published on the website: https://www.unimi.it/en/node/349. Those who fail to submit a valid certificate or do not meet the required proficiency level will be instructed, during the admission procedure, to take the entry test.
Applicants who do not take or pass the entry test will be required to obtain a language certificate recognised by the University (https://www.unimi.it/en/node/349) and send it to SLAM via the InformaStudenti service by the deadline set for the degree programme. (https://www.unimi.it/en/node/46371).
Applicants who do not meet the language requirement by said deadline will not be admitted to the degree programme and may not sit any further tests.
Applicants who wish to benefit from the provisions of the 2014 Framework Agreement between the Italian Ministry of University and Research (MUR) and the Italian Board of Chartered Accountants and Accounting Experts must have already earned at least 24 CFU/ECTS credits in the scientific-disciplinary sector (SSD) SECS-P/07, and at least 15 CFU/ECTS credits in the SSDs SECS-P/08, SECS-P/09, SECS-P/10, SECS-P/11, at the time of enrolment. To implement the Framework Agreement, the University of Milan has signed an ad-hoc agreement with the Association of Chartered Accountants and Accounting Experts of Milan.
Applicants are assessed through an entrance exam, which is a written test consisting of 30 multiple-choice questions. The test is considered passed if at least 18 answers are correct.
Questions are aimed at assessing the applicant's background knowledge in the scientific disciplinary sectors SECSP/07, SECS-P/08, SECS-P/09, SECS-P/10, SECS-P/11; IUS/01; IUS/04.
Test dates and delivery modes will be specified in the admission notice published on the programme website.
Admission is not capped.
Transfer applications from students enrolled in other equivalent or similar degree programmes, as well as applications for transfer credits for prior learning, will be assessed by the Academic Board.
Applications for admission must be submitted before the deadline specified on the website of the degree programme.
Non-EU applicants who need to obtain a visa have a different application deadline, which is also indicated on the degree programme website.
Admission to the Master's degree programme in BUSINESS ADMINISTRATION, LAW AND CORPORATE GOVERNANCE is open to applicants holding a Bachelor's degree in one of the classes listed below, or in one of the corresponding classes pursuant to Ministerial Decree 509/99. Upcoming graduates in the same classes may also be admitted conditionally, provided that they have already obtained 160 credits at the time of enrolment. Should this be the case, their enrolment will become effective only if they earn their Bachelor's degree by 31 December of the same year.
a) Bachelor's degree in one of the following classes: L-18; L-33; L-14 pursuant to Ministerial Decree 270/2004 (or equivalent degree classes pursuant to Ministerial Decree 509/99), or another Bachelor's degree related to economics and/or law;
b) a foreign qualification equivalent to those mentioned in point a) and recognised as suitable for admission.
Minimum academic requirements:
a) Students must hold a Bachelor's or Master's degree in one of the classes mentioned above or another degree related to economics and/or law, or a foreign qualification recognised as suitable for admission.
b) Students must have earned the following university credits (CFU/ECTS) before accessing this programme, also by enrolling in single courses and passing the corresponding exam:
b.1) at least 18 CFU/ECTS in the scientific-disciplinary sector (SSD) SECS-P/07;
b.2) at least 15 CFU/ECTS in one or more of the following SSDs: SECS-P/08, SECS-P/09, SECS-P/10, SECSP/11;
b.3) at least 6 CFU/ECTS in the SSD IUS/01;
b.4) at least 6 CFU/ECTS in the SSD IUS/04;
c) Proficiency in English at a B1 level or higher under the Common European Framework of Reference for Languages (CEFR) is required for admission.
The B1-level requirement is ascertained by the University Language Centre (SLAM) during the admission process, as follows:
- language certificate at or above B1, obtained no more than three years earlier. For the list of language certificates recognised by the University, see https://www.unimi.it/en/node/39267/. In this case, applicants must upload the certificate when completing their application for admission;
- English level achieved during a University of Milan degree programme and certified by the University Language Centre (SLAM) no more than four years before the date of the admission application, including levels based on language certificates submitted by applicants during their Bachelor's degree at the University of Milan. Only levels certified in the last four years are considered valid. In this case the process is automatic, the applicant does not have to attach any certificates to the application;
- entry test administered by the University Language Centre (SLAM) according to the calendar published on the website: https://www.unimi.it/en/node/39267/. Those who fail to submit a valid certificate or do not meet the required proficiency level will be instructed, during the admission procedure, to take the entry test.
Applicants who do not take or pass the entry test will be required to obtain a language certificate recognised by the University (https://www.unimi.it/en/node/39322) and send it to SLAM via the InformaStudenti service by the deadline set for the Master's degree programme (https://www.unimi.it/en/node/39267/).
Applicants who do not meet the requirement by said deadline will not be admitted to the Master's degree programme and may not sit any further tests.
d) For those who have a foreign degree, Italian proficiency at a B1 level or higher per the Common European Framework of Reference for Languages (CEFR) is required for admission.
The B1-level requirement is assessed by the University Language Centre (SLAM) during the admission process, as follows:
- Italian language certificate attesting to a B1 level or higher and issued no more than 3 years before the date of submission. For the list of language certificates recognised by the University, see: https://www.unimi.it/en/node/349. In this case, applicants must upload the certificate when completing their application for admission;
- Italian proficiency level achieved during a University of Milan degree programme and certified by the University Language Centre (SLAM). Only levels certified in the last four years are considered valid. In this case the process is automatic, the applicant does not have to attach any certificates to the application;
- entry test administered by the University Language Centre (SLAM) according to the calendar published on the website: https://www.unimi.it/en/node/349. Those who fail to submit a valid certificate or do not meet the required proficiency level will be instructed, during the admission procedure, to take the entry test.
Applicants who do not take or pass the entry test will be required to obtain a language certificate recognised by the University (https://www.unimi.it/en/node/349) and send it to SLAM via the InformaStudenti service by the deadline set for the degree programme. (https://www.unimi.it/en/node/46371).
Applicants who do not meet the language requirement by said deadline will not be admitted to the degree programme and may not sit any further tests.
Applicants who wish to benefit from the provisions of the 2014 Framework Agreement between the Italian Ministry of University and Research (MUR) and the Italian Board of Chartered Accountants and Accounting Experts must have already earned at least 24 CFU/ECTS credits in the scientific-disciplinary sector (SSD) SECS-P/07, and at least 15 CFU/ECTS credits in the SSDs SECS-P/08, SECS-P/09, SECS-P/10, SECS-P/11, at the time of enrolment. To implement the Framework Agreement, the University of Milan has signed an ad-hoc agreement with the Association of Chartered Accountants and Accounting Experts of Milan.
Applicants are assessed through an entrance exam, which is a written test consisting of 30 multiple-choice questions. The test is considered passed if at least 18 answers are correct.
Questions are aimed at assessing the applicant's background knowledge in the scientific disciplinary sectors SECSP/07, SECS-P/08, SECS-P/09, SECS-P/10, SECS-P/11; IUS/01; IUS/04.
Test dates and delivery modes will be specified in the admission notice published on the programme website.
Admission is not capped.
Transfer applications from students enrolled in other equivalent or similar degree programmes, as well as applications for transfer credits for prior learning, will be assessed by the Academic Board.
Applications for admission must be submitted before the deadline specified on the website of the degree programme.
Non-EU applicants who need to obtain a visa have a different application deadline, which is also indicated on the degree programme website.
Admission
Application for admission: from 22/01/2025 to 30/06/2025
Application for matriculation: from 02/04/2025 to 15/01/2026
Attachments and documents
Notice
The admission notice is available only in Italian as the programme is offered in Italian. Students wishing to enrol must be proficient in Italian.
Online services
Learn more:
Programme description and courses list
year
| Courses or activities | Max ECTS | Total hours | Language | SSD |
|---|---|---|---|---|
| Compulsory | ||||
| Public Economics and Applied Economics | 12 | 84 | Italian | SECS-P/03 SECS-P/06 |
First semester
| Courses or activities | Max ECTS | Total hours | Language | SSD |
|---|---|---|---|---|
| Compulsory | ||||
| Business Valuation and Extraordinary Operations | 9 | 63 | Italian | SECS-P/07 |
| Corporate Tax Law (commands, controls and compliance) | 9 | 63 | Italian | IUS/12 |
| Governance and Financial Markets | 9 | 63 | Italian | SECS-P/11 |
Second semester
| Courses or activities | Max ECTS | Total hours | Language | SSD |
|---|---|---|---|---|
| Compulsory | ||||
| Advanced Commercial Law - Models of Governance | 9 | 63 | Italian | IUS/04 |
| Ifrs Standards and Consolidated Financial Statements | 9 | 63 | Italian | SECS-P/07 |
| Statistics for Data Analysis (advanced) | 6 | 42 | Italian | SECS-S/01 SECS-S/03 |
Open sessions
There are no specific sessions for these activities (e.g. open online courses).
| Courses or activities | Max ECTS | Total hours | Language | SSD |
|---|---|---|---|---|
| Compulsory | ||||
| English Proficiency B2 (3 ECTS) | 3 | 0 | English | |
be activated by the A.Y. 2026/2027
First semester
| Courses or activities | Max ECTS | Total hours | Language | SSD |
|---|---|---|---|---|
| Compulsory | ||||
| Company Crisis and Insolvency | 6 | 42 | Italian | IUS/15 |
| Computer Skills | 1 | 7 | Italian | |
| Labour Law for Business Economics | 6 | 42 | Italian | IUS/07 |
| Optional | ||||
| Business, Bank and Consumer Contracts | 9 | 63 | Italian | IUS/01 IUS/04 |
| Privacy Law | 9 | 63 | Italian | IUS/08 |
Second semester
| Courses or activities | Max ECTS | Total hours | Language | SSD |
|---|---|---|---|---|
| Compulsory | ||||
| Auditing and Auditing Skills | 6 | 42 | Italian | SECS-P/07 |
| Planning, Scheduling and Controlling | 6 | 42 | Italian | SECS-P/07 |
| Optional | ||||
| Corporate and Tax Profiles of Extraordinary Operations | 9 | 63 | Italian | IUS/04 IUS/12 |
| Corporate Social Responsibility and Reporting | 9 | 63 | Italian | SECS-P/02 |
| Drafting Techniques for Business Contracts | 9 | 63 | Italian | IUS/01 |
| Economics of Tax Evasion | 9 | 63 | Italian | SECS-P/03 |
| Legal and Tax Profiles of Non-Profit Organisations | 9 | 63 | Italian | IUS/11 IUS/12 |
| Legal Profiles of the Generation Transition | 9 | 63 | Italian | IUS/01 |
| Social Security Law | 9 | 63 | Italian | IUS/07 |
| Tax Criminal Law | 9 | 63 | Italian | IUS/17 |
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 | ||||
| Internship | 10 | 0 | Italian | |
| Final Exam | 10 | 0 | Italian | |
Optional activities and study plan rules
2b - Students must obtain 9 university credits (CFU) by taking an elective course among the ones proposed by the University. The course must be coherent with the study programme.
We recommend choosing one of the following courses (if available):
We recommend choosing one of the following courses (if available):
| Courses or activities | Max ECTS | Total hours | Language | Lesson period | SSD |
|---|---|---|---|---|---|
| Business, Bank and Consumer Contracts | 9 | 63 | Italian | First semester | IUS/01 IUS/04 |
| Corporate and Tax Profiles of Extraordinary Operations | 9 | 63 | Italian | Second semester | IUS/04 IUS/12 |
| Corporate Social Responsibility and Reporting | 9 | 63 | Italian | Second semester | SECS-P/02 |
| Drafting Techniques for Business Contracts | 9 | 63 | Italian | Second semester | IUS/01 |
| Economics of Tax Evasion | 9 | 63 | Italian | Second semester | SECS-P/03 |
| Legal and Tax Profiles of Non-Profit Organisations | 9 | 63 | Italian | Second semester | IUS/11 IUS/12 |
| Legal Profiles of the Generation Transition | 9 | 63 | Italian | Second semester | IUS/01 |
| Privacy Law | 9 | 63 | Italian | First semester | IUS/08 |
| Social Security Law | 9 | 63 | Italian | Second semester | IUS/07 |
| Tax Criminal Law | 9 | 63 | Italian | Second semester | IUS/17 |
Prescribed foundation courses
| Learning activity | Prescribed foundation courses |
|---|---|
| Company Crisis and Insolvency | Advanced Commercial Law - Models of Governance (compulsory) |
| Company Crisis and Insolvency - Civil Execution | Advanced Commercial Law - Models of Governance (compulsory) |
| Corporate and Tax Profiles of Extraordinary Operations | Advanced Commercial Law - Models of Governance (compulsory) |
| Economics of Tax Evasion | Public Economics and Applied Economics (compulsory) |
year
| Courses or activities | Max ECTS | Total hours | Language | SSD |
|---|---|---|---|---|
| Compulsory | ||||
| Public Economics and Applied Economics | 12 | 84 | Italian | SECS-P/03 SECS-P/06 |
First semester
| Courses or activities | Max ECTS | Total hours | Language | SSD |
|---|---|---|---|---|
| Compulsory | ||||
| Business Valuation and Extraordinary Operations | 9 | 63 | Italian | SECS-P/07 |
| Corporate Tax Law (commands, controls and compliance) | 9 | 63 | Italian | IUS/12 |
| Governance and Financial Markets | 9 | 63 | Italian | SECS-P/11 |
Second semester
| Courses or activities | Max ECTS | Total hours | Language | SSD |
|---|---|---|---|---|
| Compulsory | ||||
| Advanced Commercial Law - Models of Governance | 9 | 63 | Italian | IUS/04 |
| Ifrs Standards and Consolidated Financial Statements | 9 | 63 | Italian | SECS-P/07 |
| Statistics for Data Analysis (advanced) | 6 | 42 | Italian | SECS-S/01 SECS-S/03 |
Open sessions
There are no specific sessions for these activities (e.g. open online courses).
| Courses or activities | Max ECTS | Total hours | Language | SSD |
|---|---|---|---|---|
| Compulsory | ||||
| English Proficiency B2 (3 ECTS) | 3 | 0 | English | |
be activated by the A.Y. 2026/2027
year
| Courses or activities | Max ECTS | Total hours | Language | SSD |
|---|---|---|---|---|
| Compulsory | ||||
| Business Criminal Law | 10 | 70 | Italian | IUS/17 |
| Company Crisis and Insolvency - Civil Execution | 12 | 84 | Italian | IUS/15 |
First semester
| Courses or activities | Max ECTS | Total hours | Language | SSD |
|---|---|---|---|---|
| Compulsory | ||||
| Computer Skills | 1 | 7 | Italian | |
| Internal Market Law and Eu Competition Law | 6 | 42 | Italian | IUS/14 |
| Optional | ||||
| Business, Bank and Consumer Contracts | 9 | 63 | Italian | IUS/01 IUS/04 |
| Privacy Law | 9 | 63 | Italian | IUS/08 |
| Tools for the Protection of Company Assets | 6 | 42 | Italian | IUS/01 |
Second semester
| Courses or activities | Max ECTS | Total hours | Language | SSD |
|---|---|---|---|---|
| Optional | ||||
| Corporate and Tax Profiles of Extraordinary Operations | 9 | 63 | Italian | IUS/04 IUS/12 |
| Corporate Social Responsibility and Reporting | 9 | 63 | Italian | SECS-P/02 |
| Drafting Techniques for Business Contracts | 9 | 63 | Italian | IUS/01 |
| Economics of Tax Evasion | 9 | 63 | Italian | SECS-P/03 |
| Labour Law in Business Risk Management | 6 | 42 | Italian | IUS/07 |
| Legal and Tax Profiles of Non-Profit Organisations | 9 | 63 | Italian | IUS/11 IUS/12 |
| Legal Profiles of the Generation Transition | 9 | 63 | Italian | IUS/01 |
| Social Security Law | 9 | 63 | Italian | IUS/07 |
| Tax Criminal Law | 9 | 63 | Italian | IUS/17 |
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 | 10 | 0 | Italian | |
Optional activities and study plan rules
2a - Students must choose one of the following exams:
| Courses or activities | Max ECTS | Total hours | Language | Lesson period | SSD |
|---|---|---|---|---|---|
| Labour Law in Business Risk Management | 6 | 42 | Italian | Second semester | IUS/07 |
| Tools for the Protection of Company Assets | 6 | 42 | Italian | First semester | IUS/01 |
2b - Students must obtain 9 university credits (CFU) by taking an elective course among the ones proposed by the University. The course must be coherent with the study programme.
We recommend choosing one of the following courses (if available):
We recommend choosing one of the following courses (if available):
| Courses or activities | Max ECTS | Total hours | Language | Lesson period | SSD |
|---|---|---|---|---|---|
| Business, Bank and Consumer Contracts | 9 | 63 | Italian | First semester | IUS/01 IUS/04 |
| Corporate and Tax Profiles of Extraordinary Operations | 9 | 63 | Italian | Second semester | IUS/04 IUS/12 |
| Corporate Social Responsibility and Reporting | 9 | 63 | Italian | Second semester | SECS-P/02 |
| Drafting Techniques for Business Contracts | 9 | 63 | Italian | Second semester | IUS/01 |
| Economics of Tax Evasion | 9 | 63 | Italian | Second semester | SECS-P/03 |
| Legal and Tax Profiles of Non-Profit Organisations | 9 | 63 | Italian | Second semester | IUS/11 IUS/12 |
| Legal Profiles of the Generation Transition | 9 | 63 | Italian | Second semester | IUS/01 |
| Privacy Law | 9 | 63 | Italian | First semester | IUS/08 |
| Social Security Law | 9 | 63 | Italian | Second semester | IUS/07 |
| Tax Criminal Law | 9 | 63 | Italian | Second semester | IUS/17 |
Prescribed foundation courses
| Learning activity | Prescribed foundation courses |
|---|---|
| Company Crisis and Insolvency | Advanced Commercial Law - Models of Governance (compulsory) |
| Company Crisis and Insolvency - Civil Execution | Advanced Commercial Law - Models of Governance (compulsory) |
| Corporate and Tax Profiles of Extraordinary Operations | Advanced Commercial Law - Models of Governance (compulsory) |
| Economics of Tax Evasion | Public Economics and Applied Economics (compulsory) |
Learn more
Location
Milan
Head of study programme
Academic guidance tutor
Erasmus and international mobility tutor
Study plan tutor
Internship tutor
Dissertation tutor
University and programme transfer tutor
Master's degree admission tutor
Credit recognition tutor
Reference structures
Contacts
- Student registrar
Via Mercalli 21 - Via S. Sofia 9/1, Milano
https://www.unimi.it/it/studiare/servizi-gli-studenti/segreterie-informastudenti
+390250325032
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