Economics and Management (EMA)

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Economics and Management (EMA)
Course sheet
A.Y. 2025/2026
Bachelor
L-18/33 R - Scienze dell'economia e della gestione aziendale/Scienze economiche
Bachelor
180
ECTS
Access
Limited enrolment with admission test
3
Years
Course location
Milano
Language
Italian
The degree programme in Economics and Management ensures that students have the necessary knowledge to understand and operate both in the main areas of economic action (markets, micro and macro dynamics, economic policy), both in the fields of management and business administration. The cultural and professional profile of the graduate is characterized by a solid combination of theoretical knowledge and skills, methodologies and practices aimed at both the quantitative analysis of economic phenomena as well as the understanding of the more qualitative aspects of the economic and business sphere.
In particular, the course provides students with a solid base of management, economic, mathematical-statistical and legal tools that allow them to develop an autonomous capacity for analysis and judgment and in particular to deepen: the economic and financial decision-making strategies and processes of enterprises, consumers, financial intermediaries and regulators; the functioning of goods and services markets, financial markets and labour markets; their dynamics and 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 companies operating at European and international level; organizational issues for private enterprises and public administrations. In addition, given the growing demand for computer skills in the world of work, the course develops the practical and operational skills necessary for data analysis through learning statistical software R (in the courses of Statistics, Statistics for business decisions and Statistics for Big Data economic/business) and Gretl (used in the course of Econometrics).
In the course of their studies, students acquire, in their first year, the foundations of the regulatory system (within which institutions and companies operate), mathematics, the functioning of economic action, The operation of markets and business management. The second year, on the one hand, enhances preparation in quantitative, economic and legal disciplines, on the other hand, it addresses fundamental topics in business management, with particular reference to accounting aspects. The third year, after a consolidation aimed at mastering the institutional and regulatory environment, allows a partial differentiation of the path in two directions, the first aimed at refining knowledge in economic and quantitative, the second one dedicated to the deepening of the knowledge in the business area with particular reference to the organizational, strategic, marketing and financial aspects.
The course also includes seminars, project work and soft skills workshops and practical courses, in order to encourage students' autonomy in critical learning, choices and study organization. Lectures are combined with exercises, case study discussion, flipped classroom and other interactive activities to develop relevant problem solving skills and team working through group work, particularly suitable for higher level degree courses (master?s or master?s degree) and to effectively enter the world of work and professions.
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.

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: 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.
The degree in Economics and Management offers the opportunity to study abroad according to the agreements with several European universities, where students will be able to attend lectures and obtain credits.
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.
Courses attendance is highly recommended.
Labs attendance is compulsory.
Enrolment
Entry knowledge requirements
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 Spring Session, is exclusively reserved to students attending their last year of secondary school; the Summer Session is open to all candidates.
The course also requires a knowledge of English at B1 level of the European Framework of Reference. The knowledge of the English language is verified by passing a specific test.
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 spring session. 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/en/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 13/03/2025 to 29/05/2025

Application for matriculation: from 09/06/2025 to 19/06/2025

Read the Call


CALL FOR APPLICATIONS - NOTICE

The call for applications is the only official document for admission to degree programmes. Please read it carefully. If you are reading this notice is because the call is available only in Italian as the programme is offered in Italian. Students wishing to enrol must be proficient in Italian.

Session: 2

Application for admission: from 02/07/2025 to 29/08/2025

Application for matriculation: from 04/09/2025 to 10/09/2025

Read the Call


CALL FOR APPLICATIONS - NOTICE

The call for applications is the only official document for admission to degree programmes. Please read it carefully. If you are reading this notice is because the call is available only in Italian as the programme is offered in Italian. Students wishing to enrol must be proficient in Italian.

Programme description and courses list
First trimester
Courses or activities Max ECTS Total hours Language SSD
Compulsory
Business Administration and Accounting 12 79.2 Italian SECS-P/07
Mathematics 12 79.2 Italian SECS-S/06
Second trimester
Courses or activities Max ECTS Total hours Language SSD
Compulsory
Management 9 59.4 Italian SECS-P/08
Private Law 6 39.6 Italian IUS/01
Third trimester
Courses or activities Max ECTS Total hours Language SSD
Compulsory
English Business Communication 6 39.6 English L-LIN/12
Microeconomics 12 79.2 Italian SECS-P/01 SECS-P/02
be activated by the A.Y. 2026/2027
First trimester
Courses or activities Max ECTS Total hours Language SSD
Compulsory
Business Law 6 39.6 Italian IUS/04
Econometrics 9 59.4 Italian SECS-P/05
Statistics 12 79.2 Italian SECS-S/01
Second trimester
Courses or activities Max ECTS Total hours Language SSD
Compulsory
Macroeconomics 12 79.2 Italian SECS-P/01
Third trimester
Courses or activities Max ECTS Total hours Language SSD
Compulsory
Principles of Accounting 12 79.2 Italian SECS-P/07
Public Finance 9 59.4 Italian SECS-P/03
be activated by the A.Y. 2027/2028
First trimester
Courses or activities Max ECTS Total hours Language SSD
Compulsory
Labour Law 6 39.6 Italian IUS/07
Optional
Economic History 9 59.4 Italian SECS-P/12
Second trimester
Courses or activities Max ECTS Total hours Language SSD
Optional
Financial Markets and Institutions 9 59.4 Italian SECS-P/11
Industrial Economy 9 59.4 Italian SECS-P/01
Organization and Human Resource Management 9 59.4 Italian SECS-P/07
Third trimester
Courses or activities Max ECTS Total hours Language SSD
Compulsory
Time Series 6 39.6 Italian SECS-S/01
Not specified period
Courses or activities Max ECTS Total hours Language SSD
Optional
Corporate Finance 6 39.6 Italian SECS-P/09
Corporate Strategy 6 39.6 Italian SECS-P/08
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 59.4 Italian Second trimester SECS-P/11
Organization and Human Resource Management 9 59.4 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 59.4 Italian First trimester SECS-P/12
Industrial Economy 9 59.4 Italian Second trimester SECS-P/01
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
Corporate Finance 6 39.6 Italian SECS-P/09
Corporate Strategy 6 39.6 Italian SECS-P/08
Second trimester
Courses or activities Max ECTS Total hours Language SSD
Optional
Financial Market Law 6 39.6 Italian IUS/04
Lab: Private Banking - Present and Future of a Profession 3 19.8 Italian SECS-P/11
Third trimester
Courses or activities Max ECTS Total hours Language SSD
Optional
Entrepreneurship Lab 3 19.8 Italian SECS-P/08
History of Entrepreneurship 9 59.4 Italian M-STO/08
History of Money and Financial Institutions 6 39.6 Italian SECS-P/12
Lab: Financialization 3 19.8 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 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.
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.
Prescribed foundation courses
Learning activityPrescribed foundation courses
Econometrics Statistics (compulsory)
Principles of Accounting Business Administration and Accounting (compulsory)
Public Finance Microeconomics (compulsory)
Statistics Mathematics (compulsory)
Time Series Mathematics (compulsory)
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Location
Milano
Head of study programme
Academic guidance tutor
Erasmus and international mobility tutor 
Internship tutor
Seminar and workshop tutor
Contacts

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