Business Administration

This course is part of the Laurea Magistrale program and is intended for advanced level students only. Enrollment is by consent of the instructor. The course focuses on corporate social responsibility (CSR) and its strategic implications in terms of: sustainability of business models; the need for innovative managerial paradigms based on stakeholder engagement and cooperation; measurement of the economic, social, and environmental impact of business activities; life cycle assessment; strategic planning of the United Nations 2030 agenda; and communication and reporting methods. The course focuses on the application of these topics to companies, public administrations, and non-profit organizations. The course is divided into two portions, closely linked and integrated: the institutional portion examines the theoretical and methodological bases of CSR, with specific references to the international framework, documents produced by the OECD, and the relationship with social innovation. The course introduces students to the most up-to-date methodologies in the design and development of corporate CSR and accountability systems. Particular attention is paid to the relationship between CSR management systems, communication, and a company's external relations. The monographic portion of the course focuses on the relationships between corporate CSR, environmental sustainability, and consumer demand for ethical and environmentally friendly products and services. It also highlights new service experiences related to corporate welfare and emerging concepts of local social responsibility. Case studies are presented in relation to companies with significant and innovative experiences of CSR, capable of determining managerial evolutions and organizational improvements in a company's managerial structures and in its relationship with the market. A specific section of the course is dedicated to the relationship between CSR, social and environmental sustainability, and circular economy. The final portion of the course is dedicated to designing corporate and local CSR systems capable of producing effective changes in the external perception and communication of businesses. The aim of projects and experiments is to closely and effectively link social and environmental sustainability in businesses. 

This course is part of the Laurea Magistrale program in Economics. Enrollment is by consent of the instructor. The course is intended for students who have a strong background in economics. The course focuses on corporate and investment banking activity, with particular attention on venture capital and private equity financing. Topics covered include: investment banking, private equity, venture capital buyouts, structured finance, the venture capital cycle (fund-raising, screening and valuation, deal structuring, monitoring, divestment), financial tools needed to evaluate investments, and financing decisions in high-growth potential firms. Required Reading includes: OPTIONS, FUTURES, AND OTHER DERIVATIVES by J. Hull. Assessment in based on a written in class final exam. Students are offered the option of solving a case study and delivering the solution to the instructor as an additional optional assignment. Students are required to solve the case study as a group.

This course covers basic concepts in investments including time value of money, bonds, duration, and equities. It also examines the risks and returns that are applied to Markowitz’ modern portfolio theory and the capital asset pricing model. The derivative securities such as forwards and options are also introduced. Real world examples and computational problems are provided and discussed. Topics include Rates of Return, Interest Rates, and Time Value of Money, Bond Pricing, Replication and Arbitrage, Bond Portfolio Management: Duration and Convexity, Equity Valuation, Markowitz’ Mean-Variance Framework (1952), Sharpe’s Capital Asset Pricing Model (1963), Forwards and Options, Efficient Market Hypothesis, Value at Risk (VaR), and Indices.