Bocconi University | |
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Università Commerciale Luigi Bocconi | |
Motto | Empowering Talent |
Established | 10 November 1902 |
Type | Private |
President | Mario Monti |
Rector | Prof Guido Tabellini |
Admin. staff | 1369 (as of November 2006) |
Undergraduates | 7267 (as of October 2006) |
Postgraduates | 3671 + 735 SDA |
Doctoral students | 167 |
Location | Milan, Italy |
Campus | Urban |
Sports teams | Pellicani PallanuotoBocconi |
Affiliations | EQUIS, Association of MBAs, CEMS, CFA |
Website | www.unibocconi.it EN |
Bocconi University (Italian: Università Commerciale Luigi Bocconi, Italian pronunciation: [universiˈta luˈiːdʒi bokˈkoːni]) is a private university located in central Milan, beside Parco Ravizza. Bocconi provides undergraduate, graduate and post-graduate education, in addition to a range of double degree programs, in the fields of economics, management, finance and law. According to many university rankings institutions, the university is among the top global universities.[1][2][3][4] Degrees are offered both in English and Italian. SDA Bocconi, the University's business school offers MBA and Executive MBA programs. Its MBA program was ranked 28th in the world by the Financial Times' Global MBA Rankings 2011.[5] SDA Bocconi was also ranked 18th by Businessweek's Top Global Schools for its MBA and 5th among European Business Schools.[6][7] Bocconi has also expanded its research division by inaugurating dedicated research centers.[8]
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The university was founded in 1902 by Ferdinando Bocconi and was named after his son, who died in the Battle of Adwa during the First Italo-Ethiopian War.[9]
The university was initially affiliated to the engineering school Politecnico di Milano and the teaching model based on that at the École Supérieure of Antwerp.
Bocconi is an internationally oriented institution in business, economics, and law. It is also a research university, receiving funds for its research projects from national and supranational institutions.
Bocconi University is structured around five schools: Undergraduate School, Graduate School, Law School, PhD School, and SDA Bocconi School of Management, its graduate business school. Bocconi presently offers Bachelor Degrees, Masters of Science, MBAs and PhDs in Finance, Economics, Management, Statistics, Law and other disciplines. It also has a number of post-experience programs, and administers many customized executive education courses.
The university also provides activities for high school students in Italy, such as mathematics competitions,[10] Model United Nations simulations[11] and other major events aimed at orienting them during their secondary education.
The campus was originally located in Via Statuto near the Pinacoteca di Brera, where its first building was inaugurated in 1902. The current campus is now located beside Parco Ravizza between Via Sarfatti and Viale Bligny and consists of several buildings, all within walking distance to Porta Ticinese, the Basilica of Sant'Eustorgio, and the Torre Velascaskyscraper.
The first building in Via Sarfatti was designed in 1936 by the Italian architect Giuseppe Pagano. It hosts classrooms, an aula magna, a restaurant, and most of the administrative offices. Its entrance features two lion statues which are the subject of several university myths.
The pensionato building, which faces Via Ferdinando Bocconi, was inaugurated in 1956 by the architect Giovanni Muzio and hosts some grand halls, some of the canteen and dormitory facilities (350 bedrooms distributed on 5 floors), and some faculty offices. The different floors have an irregular form and bear the shape of a symmetric "L" letter.
The SDA Bocconi building, which is also in Via Ferdinando Bocconi, was opened in 1985 and features two blocks with a distinct set of dark metal panels. The building was extended in 2001, especially to host EGEA, the university bookstore. The campus football pitch is placed between the pensionato and the SDA Bocconi building.
The modern Velodromo building was projected by Ignazio Gardella and launched in 2001. It is called so due to its form resembling an ellipsoid velodrome. Each of its four floors has about ten classrooms with a capacity of 150. The Velodromo uses a geothermal exchange heat pump as its air conditioning system, which provides energy conservation.[12] A marble statue of Ferdinando Bocconi overlooks the foyer of the ground floor.
Close by, in Piazza Sraffa, are the Library building (also built by Giovanni Muzio in 1962), the campus chapel "San Ferdinando", and some smaller buildings such as those with the offices of the "Language Center" and other extracurricular activities.
Several other administrative and research offices of Bocconi's individual institutes are scattered across the area, especially around Parco Ravizza and Viale Isonzo.
In 2007, a new building was inaugurated in Via Roentgen known as Grafton Building from the name of the Irish practice Grafton Architects which designed the innovative building. The Grafton Building won the "World building of the year" at the World Architecture Festival 2008 held in Barcelona.[13] The new building houses the offices of the entire Faculty, with its Departments and Research Centers. Its underground levels include, in addition to the new Aula Magna, seminar rooms, a spacious foyer, an exhibition area and parking. It is situated right next to the Velodromo.[14]
Bocconi University provides off-campus students with about 1500 places in dorms.
Residences for students are Bocconi Residence, Javotte Residence, Kramer Residence, the more modern Arcobaleno Residence, Spadolini Residence and the latest Dubini Residence (inaugurated in 2010[15]). The type of accommodation varies between the residences and the choice is among single rooms in apartments for either one, two or four people. The residences offer also services to students such as cleaning services, laundry rooms, study rooms, parking spaces. Many students, however, choose to rent private apartments which are easy to find around the university area.
The University offers four three-year undergraduate courses in Economics which share a common basis in the first three semesters and then distinguish themselves from one another by focusing on either Finance(CLEF),[16] Social sciences(CLES)[17] or Business administration(CLEAM);[18] the fourth course is entirely taught in English language(BIEMF) and is targeted at both international students and students pursuing an international career. Students in this course have the choice to major in Economics, Management or Finance during their course of studies.[19]
A fifth separate three-year undergraduate course in Economics focuses on the economics and management of Arts, Culture and Communication(CLEACC).[20]
The University furthermore offers a five-year course in Law, which incorporates the Italian equivalents of the Bachelor of Laws and the Master of Laws.
Both the Bachelors in Finance, in Italian (CLEF) and English (BIEMF), have been recognized by the Chartered Financial Analyst Institute (CFA Institute).[21] The partnership is granted to programs which cover at least 70% of the content necessary to take the CFA Program Exam level III, the highest level.[22]
In a joint venture with the Central European University of Budapest, Bocconi also offers a four-year Dual Degree in International Business, the first two years of which are spent in Budapest and the latter in Milan.[23]
The universities' graduate school offers different Master of Science programs in Economics, Management and Law, each with a special emphasis on the fields of Public administration, Environmental economics, Health economics, Social sciences, Computational finance and Risk management, Accountancy and Audit, Public utility management, Hospitality management, Logistics and Transport economics, Innovation management, Event management and Experiential marketing, Communication, Organization and Information systems.
The following graduate programs are entirely taught in the English language: International Management; Marketing Management; Finance; Economics and Management in Arts, Culture, Media and Entertainment; Economics and Social Sciences; Economics and Management of Innovation and Technology; Quantitative Finance and Risk management; Public Management; International Health Care Management, Economics and Policy.
Bocconi has concluded a number of partnerships with regard to its Master of Science: the Master of Sciences in Finance was among the first six programs in the world to conclude a partnership with the CFA institute and the first in continental Europe,[24] while the Master of Sciences in Management and International Management enable a selected number of students to take part in the CEMS Master of International Management, of which Bocconi is a founding member, along with HEC, ESADE and Universität zu Köln. In addition to these, the University runs several double degree programs with other institutions throughout the world:
University | Degrees |
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Copenhagen Business School | Art Culture Media Entertainment, Economics, Management, Marketing |
ESADE | Management, Marketing |
Fudan University | Management |
HEC School of Management | Art Culture Media Entertainment, Economics, Finance , Management, Marketing |
Indian Institute of Management Ahmedabad | Management |
Indian Institute of Foreign Trade, Delhi | Management |
Moscow State Institute of International Relations | Economics |
Rotterdam School of Management, Erasmus University | Economics, Finance, Marketing |
Sciences Po Paris | Public Management |
Université Catholique de Louvain | Economics |
University of Geneva | Public Management |
University of St. Gallen | Management |
Queen's School of Business | International Business |
Bocconi University School of Law was established in 2006, consolidating the tradition of legal studies at Bocconi under the aegis of the "A.Sraffa" Institute for Comparative Law. The School of Law currently offers a combined B.Sc. and M.Sc. in Law, runs the Specialization School for Legal professions in cooperation with the University of Pavia, and hosts a Summer Academy in cooperation with the University of Trento, as well as with the Sant'Anna School of Advanced Studies.
SDA Bocconi (SDA standing for "Scuola di Direzione Aziendale" = School of Management) is the graduate business school of the University and offers internationally recognized MBA Programs highly ranked by Financial Times and Forbes Magazine.
The SDA also offers professional education to executives and managers and publishes E&M (Economia & Management), a popular Italian business and management review.
Apart from the MBA, the SDA offers further Master of Science programs in Corporate finance and Banking, Real estate management, Fine food and beverage management, Fashion Management, Design management, Sports law and Sport management, and a Master in Stage and show management in a joint venture with the Academy for the Performing Arts of the opera house La Scala.
SDA Bocconi also has a combined MBA and Master of Arts in International Affairs (MAIA) with the Paul H. Nitze School of Advanced International Studies (SAIS) in Johns Hopkins University's Bologna Center.
As of 2007, the University has 20 permanent research centers and four research project centers.
In 2006, research was mainly funded by Bocconi itself (€1,510,571), the European Union (€1,400,000) and the Italian Ministry of Education, Universities and Research (€295,636), in addition to other external sources (€10,573,000).[25]
Yearly, approximately 200 international publications and 300-400 national publications are done in the university.
Bocconi is a member of the Offshoring Research Network, an international network researching the offshoring of business processes and services.
Centre for Research on Management and Economics of Arts and Culture Institutions (Study centre on the economics and management of the arts and culture)
Center for Research on Corporate Administration, Finance and Regulation (Accounting and budgets, administrative control systems, corporate finance, corporate regulation)
Centre for Applied Research in Finance
Centre for Research on Health and Social Care Management (Institutional stuctures; management of public and private companies providing healthcare and social services)
Centre for Research on Marketing & Services (Marketing and competitive analysis; commercial consumption and distribution; trade fairs)
Center for Research on Regional Economics, Transport and Tourism (Urban, regional and transport structures of territorial economics; evaluation of EU policies on territorial development)
"Ariberto Mignoli" Centre for European Research on Business Law and History
Center for Research on Sustainability and Value
Center for Research in Organization and Management (Organization of economic activity and human resources)
Carlo F. Dondena Centre for Research on Social Dynamics (Interdisciplinary research on social cohesion, demography, life course dynamics and public policy)
Centre for Research on Analysis and Systematic Use of Information (Application of logical and quantitative methodologies to economic, financial, social and historical issues)
Center for Research on Entrepreneurship and Entrepreneurs (Entrepreneurship, corporations and family companies; small-to-medium enterprises; local district and network systems; business history)
Centre for Research on Energy and Environmental Economics and Policy (Energy economics and policies; environmental policies and management; economics and management of public utility companies - energy and envronmental)
Innocenzo Gasparini Institute for Economic Research Part of the Institute of Economics, it operates jointly with two international bodies, the US-based NBER, National Bureau of Economic Research, and the UK-based CEPR, Centre for Economic Policy Research (Economics and economic policy)
Knowledge, Internationalization and Technology Studies
ISU Bocconi coordinates and provides students with grants and services.
Beginning in 2003, Bocconi University has started a program of scholarships with the specific goal of rewarding its best students. The scholarship, named "Borsa di studio per studenti eccellenti" (Fellowship for outstanding students), is addressed to the first 50 students (out of 1940 students) enrolled in the Master of Science courses both coming from a Bocconi undergraduate degree and from another university degree. Scholarship students are exempt from tuition fee and receive financial stipends.[26]
Bocconi's students actively participate at and host different official national and international tournaments in athletics, men's and women's soccer, men's and women's basketball, men's and women's volleyball, water polo, sailing and other individual sports such as golf, swimming, skiing, snowboarding and skeet shooting.
The pelican is Bocconi's official sport mascot.
The Bocconi Library supports the educational and research mission of the University. The completeness of its collections make the Library an important institution for the economic academic community in Italy.
The Bocconi Alumni Association (BAA) was created to allow alumni to keep in contact with each other and with their alma mater, this office offers a series of activities organized and promoted by former students. It is dedicated to the University's more than 80,000 graduates and holders of MBA, Master and PhD degrees.
Used for interactive multimedia teaching as well as assessment tests, exams and international certificates. Students can communicate with each other and with the instructor one-to-one, and one-to-many to encourage collaborative learning. They can also use digital audio files (video and text) to record their voice and compare it with the original.
Each student place has a computer with a University intranet and Internet connection, a CD and DVD reader, and headset for listening and recording. The software on each computer is especially designed for language learning.
Bocconi uses a platform for e-learning on which teaching materials are posted by professors, moreover most of the administrative functions such as payments, enrollment to exams, study plan choices are made trough the students' online agenda. A computer lab with computers, printers and internet-intranet connection is available for students in the main building. `The Bocconi campus is entirely covered by free wireless connection.
The University is home to a number of societies, some of which are directly involved in facilitating students' integration into the campus life environment and in organizing special events ranging from business games to excursions.
In addition to these there are many local branches of external associations, for example AIESEC and Erasmus Student Network.
The University hosts several student run publications:
Bocconi lies in the very center of Milan and therefore its students have easy access to all the main landmarks and activities of the city.
In the atrium of the oldest building of the university there are three sets of doors. The central doors, which are larger than the others, have two lions to either side of them. There is a superstition within the university that students who pass in-between the two lions via the central doors risk not being able to graduate. This derives from the old adage "Chi passa tra i Leoni non si laurea alla Bocconi.".
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The title of Alumnus of the Year was given for the first time in 2011 to Fabrizio Saccomanni, general director of Bank of Italy, and replaced the prizes for Bocconian of the Year (given since 1988) and Master of Masters (given since 2007). The prize is given to an alumnus of any of the five schools (Undergraduate School, School of Law, Graduate School, PhD School and SDA Bocconi School of Management) who has distinguished himself following the Bocconian values of professionality, entrepreneurship, integrity, responsibility and openess. The prize is given by the Bocconi Alumni Association (BAA). Recipients of the previous editions of the prize are: Diego Piacentini e Laura Cioli, Nouriel Roubini e Giovanni Castellucci, Alberto Cribiore e Gaetano Micciché, Enrico Cucchiani e Paolo Cuccia, Vittorio Grilli, Claudio Costamagna, Vittorio Colao, Paolo Scaroni, Marco Drago, Corrado Passera, Renato Soru, Emma Bonino, Alessandro Profumo, Emma Marcegaglia, Isabella Ventura, Carlo Scognamiglio, Marco Tronchetti Provera, Giovanni Giudici, Lucio Stanca, Jody Vender, Tommaso Padoa-Schioppa, Giordano Zucchi, Roberto Mazzotta.[28]
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