Course Description
The Master in Risk Management provides expert training in the function of internal controls, corporate governance, risk management and auditing, preparing students to work in public/private organizations and financial firms. Based on thorough analysis of the dynamics of financial nature and accounting, students will develop the distinct competency in analyzing the accounting system as a function of the financial structure of the organization.
Part of the program is taught exclusively in English, to contribute to the training of professionals ready to launch into the international setting.
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 program is made up of modules and concludes with an internship; project work is also required upon completion of the internship. The program is as follows:
Module 1 – Preparatory courses - MRM_M1
CFU/ECTS 6 – US QC 4,5
The module provides basic didactic materials on the fundamental themes discussed throughout the course. The following are available:
- Business English;
- Fundamentals of General Mathematics;
- Fundamentals of Statistics;
- History of the Economic Thought;
- Fundamentals of Business Economics and Accounting.
Module 2 – Business environment - MRM_M2
CFU/ECTS 11 – US QC 8,25
The Introductory Master Courses provide the elements and the basic skills to understand the key variables characterizing the current economic and financial scenarios.
This area is divided into 4 parts:
- Business Economics and Accounting
- Market Economy and Financial Intermediaries
- Corporate Finance
- Economic Environments
Module 3 – Strategy and risk management - MRM_M3
CFU/ECTS 17 – US QC 12,75
Advanced courses, some of which are proposed in English, have the objective of developing the knowledge necessary for the reading, comprehension and management of business principles in the company and banking sector.
This area is divided in 7 parts:
- Auditing techniques;
- Corporate & Investment Banking;
- Risk management;
- Corporate Strategy;
- Financial Markets and instruments (in English);
- Project Finance and Risk management (in English);
- Global Finance (in English).
Stage and Project Work– MRM_Stage
CFU/ECTS 26 – US QC 19,50
The area of Business and Finance focuses on themes such as economic geopolitics, the international crisis, and business organization. In the "Practical Case Study” section of the Business and Finance area it is possible to take part in and apply knowledge to two business cases, taking a closer look at the organizational system and business development of Benetton.
The Marketing and Communication area further analyzes the theme of strategic marketing and communication as a process and key element of the business system, topics on which two seminars are proposed regarding organized learning and organizational communication, respectively. The three case studies of this area are a valid tool for recognizing the concepts learned being applied by leading businesses in the market.
The following topics will be discussed:
- In-depth look at economic geopolitics
- In-depth look at the international crisis
- In-depth look at business organization
- Environmental and territorial economics
- Management of quality systems
Learning Objectives
The objectives of the Master is to reinforce the skills necessary for organizational governance and management through activities undertaken by specialists in risk management, internal control, management and auditing, whose task is to understand and interpret the technical-economic implications of the current production, financial, and commercial directions, making predictions on relative dynamics, with the general objective of verifying the regular functioning and correct operations of a company.
Outcomes and Professional Profile
The Master intends to create trained professionals with specialized skills and knowledge in finance, management control, risk management, and auditing.
The professional profile of the specialist in internal control, corporate governance, risk management and auditing is characterized by:
- Basic interdisciplinary knowledge in the areas of economics, accounting and management;
- Theoretical and practical knowledge of the structural characteristics of businesses (financial and non) and their functioning;
- Operational analysis skills of the financial structure of organizations.