The Master in Business Administration is specifically designed for high achieving individuals who want to take the next major step along their career path, focusing on the development of a global career at strategic decision making level to the forefront of business theory and management practice. By covering key disciplines such as finance, management, economics, marketing, operations and strategy in-depth, students gain the skills and knowledge needed to manage across departments, markets and entire organizations. The Master's program is structured to reflect the needs of modern international business, developing a blend of academic excellence and professional skills, offering highly marketable competencies set to stand out in strategic level positions. Starting from the management, business and economics principles, participants will be involved on specialized core courses to improve in depth business knowledge, competencies and skills.
A student is granted a Master’s degree after successfully defending his or her final thesis in front of a panel of judges. Grading is based on a scale of 0-110; 66 is the passing grade and students who obtain full marks of 110 may also be awarded ‘summa cum laude’ (110 e lode).
The final thesis of the Master’s program, intended to assess the technical, scientific and professional preparation and competences of the student, requires the completion, discussion and presentation of a written project work during the dissertation.
The MBA degree program consists of foundation and core courses. In addition, students have the opportunity to develop expertise and specific insights in one of the following concentrations: Finance or Management.
Module 1 – Foundation courses – IMBA_M1
CFU/ECTS 12 – US QC 9
The Foundation courses are specifically designed for providing the necessary skills to approach the study of the main courses in particular Financial and Managerial Accounting. These courses aim at giving students an introduction to macroeconomics, providing quantitative and qualitative basis for the economic analysis and at providing students an overview of the main issues in financial management within a business organization. Furthermore, this module aims to provide the main principles of mathematics and statistics. Mathematics topics include the study of mathematical functions that best describe the major economic models. Will be treated the matrix algebra, linear systems and their possible solutions, quadratic forms and all their applications to the economic models.
Module 2 – Core courses – IMBA_M2
CFU/ECTS 24 – US QC 18
First of all, underpinning this module is the critical understanding and appraisal of current research in the field of strategic, international and ethical practices of individuals within the organisational behaviour and human resource framework. Then, the primary objective of this course is to provide the relevant financial management factors which affect, from a strategic perspective, multinational corporations that operate in global contests.
The teaching is aimed at improving the ability of participants to understand and to use concepts, knowledge, know-how, tools relating to international trade, from the macroeconomic point of view as well as from the operational perspective necessary at business level.
Module 3 – Finance concentration – IMBA_M3
CFU/ECTS 24 – US QC 18
The module’s distinctive focus is on institutional issues and behaviour in regulation. a significant emphasis in lectures is on 2007/2009 financial crisis and the regulatory approaches implemented worldwide in order to tackle such crisis.
Furthermore, this module focuses on financial market structures, operations and financial instruments across the globe where time has value and risk accompanies return, and it is largely left upon the market mechanism to allocate scarce resources. The course will provide the tools needed to answer, in a financial perspective, the three major questions every business has to answer:
- Where does a firm invests its resources? (The investment decision)
- How should a firm fund these investments? (The financing decision)
- How much cash should be returned to the shareholders? (The dividend decision).
Module 4 – Management concentration - IMBA_M3M
CFU/ECTS 24 – US QC 18
The course focuses on the study of main organizational behaviour theories and their applications. In particular the influence of systems theory on the organizations, socio-technical systems, decision theories, contingency and transaction costs theories. Emphasis will be given on the role of change and innovation in organizational dynamics; it concentrates on business topics of practical importance to the management of a company such as structure of business, business financing, management, physical distribution of goods and services After the development of the economic model of the firm, optimization and risk analysis techniques will be also examined production and cost analyses.
At the end, this module prepares students for a career in management, consulting, or research. It provides analytical tools that enable them to understand and design people in their formal and informal network, thereby attaining skills necessary for effective leadership.
At the end of this program, the student will be able to:
- Recognize the purpose and importance of accounting
- Understand the meaning of general accepted accounting principles
- Outline the basic financial techniques used in investment decision making process (capital budgeting), and in financing decision making process (capital structure and dividend policy)
- Know how the Central Banks work
- Analyze and applying mathematical functions and the major economic models
- Compare the main Organizational models
- Know the mechanism of Change management
- Apply the most effective HR policies
- Understand the financial statement
- Evaluate a Master budget
- Understand the Financial Regulation codes and legislation in a global perspective;
- Distinguish the main characteristics of money market, equity market, swap market and futures market;
- Know the definitions of Bond market;
- Identify the Risk of Trading Futures Contracts;
- Understand fundamental concepts of today’s financial markets;
- Apply skills in project financing operations.
- Define the organizational behavior;
- Understand the role of organizational culture and interaction;
- Investigate different kinds of leadership such as transactional, transformational, and distributed leadership;
- Know and discuss the Lewin’s field theory;
- Resource systems (ERP);
- Techniques for Business analysis.
Outcomes and Professional Profile
Graduates from the MBA program will demonstrate proficiency in the use of business application software packages for financial analysis of data. They will understand how social and ethical issues affect organizational strategies, structures, and systems and be able to integrate disciplinary expertise across functional areas. They will mature into professionals able to identify and frame common organizational problems, determine relevant decision criterion and analyze relevant alternatives.