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Master’s Course in Administration, Finance and Control

Master’s Course in Administration, Finance and Control

 

The “new needs” in the field of Administration, Finance and Control are to be interpreted from a quantitative as well as from a qualitative perspective.
In the last two decades companies, in almost all industrial sectors, have seen an exponential growth of the structural complexity level: range of products/services, the number of geographic operational areas, the number of strategic business areas/strategic business units. And that’s not enough! They ever increasingly operate in contexts characterised by growing environmental discontinuity and by limited resources. Companies are ever more and more pressed by the need of “looking ahead”, of adopting a strategic approach to the governance of company events and processes that is no longer based on facing contingency. They need to use a rational and predictive approach in company management which enables them to be better equipped for the survival of the company structure, but also to be successfully in front of the new rules of competition. It becomes essential to understand how to act in order to attain the goals and objectives set, how to best govern operational processes as well as organisational, administrative, financial, an in a wider sense, of strategic governance of the organisation in order to achieve the goal of creating value.
The nemesis of management is uncertainty. Only appropriate information can reduce uncertainty. The need for information has never been so apparent!
Which are the company profiles, the people responsible for satisfying these needs?
The AFC area with its directly or indirectly connected professional profiles (Administration, Management Control, Finance, Internal Auditing, Planning and Strategic Control, Information Systems) acquire a central role in any company:
  1. Along the path for identifying a company strategy and of translating this strategy into action;
  2. In implementing trends control mechanisms for the economic and executive control of company performances;
  3. In realising an optimal financial structure;
  4. In protecting the integrity of the company assets in the reliability and effectiveness of internal control systems;
  5. In identifying and adjusting the company structure and organisational processes;
  6. In creating competitive settings from a planning perspective in order to identify the most suitable plans for attain the company goals. 

Aims

 

The Master’s course aim is to train people capable of effectively and efficiently supervise processes, methodologies and operational mechanisms of the Administration, Finance and Control area; at the end of the Master’s course our students will be able to:
  1. Contribute to the construction of strategic alternatives and participate in the realisation of short-term and long-term objectives in perspective of size and value growth;
  2. Design, realise and feed a system of measurement of performances and strategic control;
  3. Get to know the most advanced assessment methods of project financing and of selection of the funding sources by analysing related risks, costs and profits;  
  4. Interpret, starting from budget values, financial rates and flows in order to optimize the company economic and financial situation assessment; 
  5.  Adopt the most advance techniques and modes for designing and implementing management control system.

Teaching programme

 

This Master’s course is meant to “lever up” an approach that is firmly based on the “learning by doing” mode matching, in a well balanced way, classroom-based training sessions to actual “trial benches” (project work) in which to test simulations of the methodologies and mechanisms learnt in classroom.

I Module: Company organisation and organisation behaviours
II Module: Accounting and budget
III Module: Company fiscal aspects  
IV Module: Strategic planning  
V Module: Administration control
VI Module: Financial analysis and company finance
VII Module: Starting up a company
VIII Module: Internal auditing
IX Module: Information systems
X Module: Project Management
XI Module: Basics of company law
XII Module: Business English


Teaching model

 

 
This Master’s course follows a multidimensional teaching model, structured in three main sessions:
  1. Classroom training (Let’s share knowledge): it is the phase of “theoretical” framework setting, in which the traditional and advanced, administrative, finance and control methods and tools are illustrated to the participants; in this phase lecturers, managers, company law experts will share with participants the goals (what is the use of’) and utilisation modes (how to use them’) of the tools being described; 600 hours out of a total amount of 1.500 made available by the Master’s course will be devoted to this phase;
  2. Project Work (Let’s try to do it): the aim of this training phase is to accompany the participant in under standing how what he/she studied as “theory” can be translated into practice in a company setting of one of the businesses that will participate in the Master’s course training project, The participants, divided into small groups, will develop projects and simulations, with the constant support of one of the lecturers; the time devoted to this specific training session corresponds to 280 hours among the 1,500 made available by the Master’s course on the whole;
  3. Training period (Let’s try it on the field): the training period will represent for many of the participants the time to enter into the company, the time when “they start doing something” testing the skills acquired during their university career and (obviously) during the Master’s course; we are firmly persuaded of the fact that this training period represents an essential moment along the training path envisaged by the Master’s course; in this phase the participant has to go on on learning, of course in different way compared to what he/she did in the past; for this reason we think that it is of vital importance to support the participant, by the help of a specific teacher, in all the phases of his/her training (selection, carrying on, follow-up).
The Master’s course will last on the whole 1,500 hours divided into: 600 hours of face-to-face training activities, 280 hours of project work and 620 hours of training).
The starting of the training project is envisaged in March 2010 and it will end on January 2011.

Target group and requirements

This Master’s course is aimed at all graduates, also to those who got a degree in humanistic disciplines, willing to play managerial roles in companies highly oriented to the use of the new digital technologies.

Venue

This Master’s course will be run at an institution that is partner of the University.

How to enrol

Enrolment can be carried out directly on the Internet filling in the online form.
The online administrative form manages all administrative activities. The Secretariat will confirm the enrolment by sending an e-mail including matriculation number, User ID and Password.
 

Enrolment fee

The overall enrolment fee to the Master’s course is € 11,040 which includes:
  1. Participation in the classroom lessons that are listed in the presentation of the train project;
  2. Support by a teacher via e-mail along the whole course duration;  
  3. Training materials;
  4. Multimedia lecture notes.  
Admission to the course is dependent on passing a preliminary selection test.