Bocconi University

Bocconi University

Università Commerciale Luigi Bocconi
Motto	Empowering Talent
Type	Private
Established	10 November 1902
President	Mario Monti
Rector	Gianmario Verona
Administrative staff	1,369 (as of November 2006)
Students	14,313 (as of 2012)[1]
Location	Milan, Italy 45°27′1″N 9°11′23″E / 45.45028°N 9.18972°E / 45.45028; 9.18972Coordinates: 45°27′1″N 9°11′23″E / 45.45028°N 9.18972°E / 45.45028; 9.18972
Campus	Urban
Affiliations	AACSB, EQUIS, AMBA, CEMS, CFA, ASFOR, EAPAA

Bocconi University (Italian: Università Commerciale Luigi Bocconi, Italian pronunciation: [universiˈta luˈiːdʒi bokˈkoːni]) is a private university in Milan, Italy. Bocconi provides undergraduate, graduate and post-graduate education, in addition to a range of double degree programs, in the fields of economics, management, finance, law and public administration.

SDA Bocconi, the university's business school, offers MBA and Executive MBA programs. Its MBA program was ranked 22nd in the Financial Times' Global MBA Rankings 2017.^[2] SDA Bocconi was also ranked 16th by Businessweek's Top Global Schools for its MBA and 3rd among European business schools.^[3][4] Bocconi University is renowned as one of the leading business and management schools worldwide, ranking 11th in the QS World University Rankings 2017 edition. Bocconi complements its research through several dedicated research centers.^[5]

History

Bocconi 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.^[6] 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 international 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's degrees, Master of Science degrees, MBAs, MPAs and Ph.Ds 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,^[7] Model United Nations simulations^[8] and other major events aimed at orienting them during their secondary education.

Campus

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:

• 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 architect Giovanni Muzio and hosts some grand halls, some of the canteen and dormitory facilities (350 bedrooms on 5 floors), and some faculty offices. The different floors have an irregular form and bear the shape of a symmetric "L" letter, which stands for Laude.
• 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 opened 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.^[9] 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.
• 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.^[10] 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.^[11]

Several other administrative and research offices of Bocconi's individual institutes are scattered across the area, especially around Parco Ravizza and Viale Isonzo.

Dormitories

Bocconi University provides off-campus students with approximately 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^[12]). 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.

Academics

Undergraduate programs

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),^[13] Social sciences (CLES)^[14] or Business administration (CLEAM);^[15] the fourth course is entirely taught in English (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.^[16]

A fifth separate three-year undergraduate course in Economics focuses on the economics and management of Arts, Culture and Communication (CLEACC).^[17]

Moreover, since 2015, Bocconi University has offered a three-year highly selective Bachelor of Science in International Politics and Government (BIG).^[18]

The University also offers a five-year course in Law, which incorporates the Italian equivalents of the Bachelor of Laws and the Master of Laws.

Both the bachelor's degrees in Finance in Italian (CLEF) and in English (BIEMF) have been recognized by the Chartered Financial Analyst Institute (CFA Institute).^[19] 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.^[20]

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.^[21]

Moreover, Bocconi University, together with University of Southern California and Hong Kong University of Science and Technology offers the "World Bachelor in Business," the first bachelor's programme where students are able to study in three continents over the four years of the degree and obtain three diplomas from the three universities.^[22]

Graduate programs

The Bocconi Graduate School has the following programs taught entirely in the English: International Management; Management; Marketing Management; Finance; Economics and Management in Arts, Culture, Media and Entertainment; Economics and Social Sciences; Government and International Organizations, Economics and Management of Innovation and Technology; Accounting, Financial Management, and Control; Quantitative Finance and Risk management; Green Management, Energy and Corporate Social Responsibility.

Bocconi has established a number of partnerships for its Master of Science programs: the Master of Science in Finance was among the first six programs in the world to establish a partnership with the CFA institute and the first in continental Europe,^[23] while the Masters of Science in Management and International Management enable a select 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 University of Cologne.

The Master of Science in International Management and the Master of Science in Finance programs were ranked 8th and 9th worldwide respectively by the Financial Times in 2015.^[24][25]

Selected M.Sc in Economics and Social Sciences (English and Italian master's) students are also given the opportunity to spend their entire second year at Yale University or University of Minnesota, attending their Ph.D program in Economics. In addition, selected M.Sc students can participate in double degree programs with several institutions in the world such as:

University	Location	Degrees
HEC School of Management	Paris - France	Art Culture Media Entertainment, Economics, Finance, Management, Marketing
Copenhagen Business School	Copenhagen - Denmark	Art Culture Media Entertainment, Management, Marketing
ESADE	Barcelona - Spain	Management, Marketing
Escola de Administração de Empresas de São Paulo	São Paulo - Brazil	Management
University of Mannheim	Mannheim - Germany	Finance, Accounting
Vienna University of Economics	Vienna - Austria	Management, Marketing
University of St. Gallen	St. Gallen - Switzerland	Management, Accounting
Rotterdam School of Management, Erasmus University	Rotterdam - The Netherlands	Economics, Finance, Management, Accounting
Moscow State Institute of International Relations	Moscow - Russia	Economics
Université Catholique de Louvain	Louvain-la-Neuve and Brussels - Belgium	Economics
Stockholm School of Economics	Stockholm - Sweden	Finance
Sciences Po Paris	Paris - France	Public Administration
Hertie School of Governance	Berlin - Germany	Public Administration
University of Geneva	Geneva - Switzerland	Public Administration
Cass Business School	London - United Kingdom	Management
Moore School of Business	Columbia, South Carolina - USA	Management
State University of New York	Albany, New York - USA	Public Administration
Queen's School of Business	Ontario - Canada	Marketing
University of Sydney	Sydney - Australia	Accounting
University of Queensland	Brisbane - Australia	Management
University of Melbourne	Melbourne - Australia	Marketing
Indian Institute of Management Ahmedabad	Ahmedabad - India	Management
Fudan University	Shanghai - China	Management
Keio University	Tokyo - Japan	Finance, Economics

School of Law

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.

Ph.D School

The Bocconi Ph.D School offers the following 4-year Ph.D programmes:

• Ph.D in Economics and Finance;
• Ph.D in Business Administration and Management;
• Ph.D in Statistics;
• Ph.D in Public Policy and Administration;
• Ph.D in Legal Studies;

SDA Bocconi

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.

Research and endowment

In 2006, research was mainly funded by Bocconi itself (around €1.5 million), the European Union (around €1.4 million) and the Italian Ministry of Education, Universities and Research (around €300 thousand), in addition to other external sources (around €11 millions).^[26] In 2011, the European Research Council (ERC) assigned around €5 millions to five projects in the area "social science and humanities" led by five Bocconi professors.^[27]

As of 2007, the University has 20 permanent research centers and four research project centers. 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.

Departments

• Accounting
• Economics
• Finance
• Management and Technology
• Marketing
• Decision Sciences
• Legal Studies
• Policy Analysis and Public Management

Permanent Research Centers

• ASK - Centre for Research on Management and Economics of Arts and Culture Institutions (Study centre on the economics and management of the arts and culture)
• PAOLO BAFFI CENTRE - Paolo Baffi Centre on International Markets, Money and Regulation
• CAREFIN - Centre for Applied Research in Finance
• CERGAS - Centre for Research on Health and Social Care Management (Institutional structures; management of public and private companies providing healthcare and social services)
• CERMES - Centre for Research on Marketing & Services (Marketing and competitive analysis; commercial consumption and distribution; trade fairs)
• CERTeT - Center for Research on Regional Economics, Transport and Tourism (Urban, regional and transport structures of territorial economics; evaluation of EU policies on territorial development)
• CREDI - "Ariberto Mignoli" Centre for European Research on Business Law and History
• CReSV - Center for Research on Sustainability and Value
• CRIOS - Center for Research on Innovation, Organization and Strategy
• DONDENA CENTRE - Carlo F. Dondena Centre for Research on Social Dynamics (Interdisciplinary research on social cohesion, demography, life course dynamics and public policy)
• IEFE - 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 environmental)
• IGIER - 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)
• ECONPUBBLICA - Centre for Research on the Public Sector (Taxation system; organisation of the social state; privatisation; income distribution; fiscal federalism)

Services to students

Student scholarships

ISU Bocconi coordinates and provides students with grants and services.

They have a Graduate Merit Award and also need-based Graduate Bocconi Scholarship. The Merit Award provides a tuition waiver and either a €3500 stipend or free housing.^[28] The need-based scholarship provides a tuition waiver.^[29]

Bocconi sport teams

Bocconi's students actively participate at and host different official national and international tournaments in athletics, men's and women's soccer, men's Lacrosse, 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.

Bocconi alumni

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.

Language Center

In the Self-study laboratories each student place has a computer with a University intranet and Internet connection, a CD and DVD reader, and headset for listening and recording.

IT services

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 through 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.

Student life

Student associations

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.

Student publications

The University hosts several student run publications:

• Tra i Leoni: a campus magazine run by the eponymous society. The title, which means "between the lions", is a reference to the atrium of the main building, which is also a favorite meeting point for students, guarded by two lion statues.
• Bocconi School of Law Student-Edited Papers: the Law School's official student publication.^[30] The journal's Editorial Board are selected by way of an annual write-on competition, and go on to select and provide feedback on submitted papers, as well as organising the annual call for papers.
• IS@B News: a campus magazine run by the International Student Association (IS@B).
• Be OBjective Magazine: a bimonthly pdf magazine founded by students from the ACME course. The magazine focuses on art, culture, media and entertainment.

Recreational activities

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.

Traditions

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."

The three main buildings of Bocconi, if seen from the top, seem to spell "30L" (30 cum laude), the maximum achievable grade in any exam. The building in Via Roentgen is the "3", the velodromo is the "0" and the main building is a cross of two "L"s. It is not clear whether it was planned to have such a shape or was just by chance; in any case, it is considered a good omen to the students.

Ranking

The Mines ParisTech: Professional Ranking World Universities ranked Bocconi 1st university in Italy, 11th in Europe and 30th in the world. At Center for World University Rankings (CWUR) is not even classified among the first 1000 Universities in the world, with the Sapienza University of Rome ranked as 1st university in Italy. Bocconi University is considered to be among the best universities worldwide in finance, economics, business, and management: according to the QS World University Rankings by Subject 2015,^[31] Bocconi University is 7th worldwide in Business & Management;^[32] 28th in Accounting & Finance;^[33] 18th in Economics & Econometrics.^[34] In all three rankings, Bocconi University is considered to be the best university in Italy and among the top 10 best business schools in Europe (3rd, 7th and 5th respectively), confirming the 2014 Financial Time's European Business School Rankings.^[35] Furthermore, Bocconi ranked 22nd worldwide in the 2015 QS Social Sciences and Management Faculty Rankings (25th in 2014).^[36] Degrees are offered both in English and Italian.

Notable people

Alumni

• Mario Monti, former Italian Prime Minister
• Emma Bonino, former Minister of Foreign Affairs, Italy
• Vittorio Colao, CEO of Vodafone Group
• Patrizia Toia, Italian politician and member of the European Parliament
• Tommaso Padoa-Schioppa, former Italy's Minister of Economy
• Benedetto Della Vedova, Italian politician
• Paolo Scaroni, CEO of Eni
• Marco Patuano, CEO of Telecom Italia
• Federico Marchetti (YOOX Group), CEO and Founder of YOOX Group
• Marco Cappato, Italian politician and member of the European Parliament
• Francesco Giavazzi, economist
• Alberto Alesina, Harvard professor
• Luigi Zingales, University of Chicago Booth School of Business professor
• Renato Soru, Italian entrepreneur and manager
• Marco Tronchetti Provera, manager
• Corrado Passera, former Italian minister of economic development, infrastructure and transport
• Alessandro Profumo, banker
• Alessandro Magnoli Bocchi, economist
• Alessandro Pansa, former CEO at Finmeccanica (now Leonardo S.p.A.)
• Claudio Costamagna, Chairman of Advanced Accelerator Applications
• Franco Amatori - Professor of Economics History, past president of the European Business History Association
• Alberto Alemanno - Professor of Law at New York University
• Tito Boeri - Professor of Labour Economics at Bocconi University, columnist for La Repubblica and President of INPS (National Social Security Institute in Italy)
• Giovanni Arrighi - Professor of Sociology at Johns Hopkins University
• Domenico Lombardi - President of The Oxford Institute for Economic Policy and is a Senior Fellow at the Brookings Institution
• Guido Tabellini - Former Rector of Bocconi University (2008-2012) and columnist for Il Sole 24 Ore
• Luigi Einaudi - President of the Italian Republic (1948–1955) and Governor of Bank of Italy
• Barbara Pollastrini - former Italian Minister of for Equal Opportunity in the Prodi II Cabinet (2006)
• Eduardo Missoni - Secretary general of the World Organization of the Scout Movement
• Vittorio Grilli - Italian Minister of Economy and Finance (2012–13) and previously professor at Yale University
• Andrea Enria - Chair, European Banking Authority
• Jörg Asmussen - Member of the Executive Board of the ECB
• Mario Biondi - novelist, travel writer, poet
• Paolo Brera - journalist, author, former Assistant Professor of political economy at Bocconi University
• Teresa de Lauretis - writer and professor at University of California, Santa Cruz
• Valerio Massimo Manfredi - journalist, television host, historical novelist
• Fiorella Kostoris - Professor of economics at the University of Rome (La Sapienza)
• Sergio Noja Noseda - Professor of Islamic law, Arabic Language and Literature. Author of multiple books on Islamic Culture
• Nouriel Roubini - former senior economist at the United States Department of the Treasury, Chairman, Roubini Global Economics
• Leopoldo Sabbatini - first dean of Bocconi University, vice president of the Milan Chamber of Commerce
• Mario Arcelli - Economist, Minister for the budget in the Italian government
• Fabrizio Saccomanni, Minister of the Italian Government and former General Manager of Bank of Italy
• Fabio De'Longhi - CEO of De'Longhi^[37]
• Luca Rinaldo Contardo Padulli - Activist Investor, Independent Farming Professional, and Philanthropist^[38]
• Luigi Roth - CEO of Breda Railway Construction from 1993 to 2001
• Oriana Bandiera - Professor of Economics at the London School of Economics

Other

• Pierre Casiraghi, seventh in line to throne of Monaco, son of HRH Caroline, Princess of Hanover, and nephew of HSH Albert II, Prince of Monaco
• HRH Prince Aimone of Savoy, Duke of Apulia
• Sara Tommasi, porn actress^[39]
• Giovanni Cobolli Gigli, former chairman of Juventus F.C.
• Chiara Ferragni, fashion blogger - she has not obtained the degree.^[40]
• Harold Davies, actor
• Steven Goldstein, race car driver
• Nina Senicar, model
• Andrea Agnelli, businessman, president of Juventus F.C., board member of FIAT and Exor, also member of the famous Agnelli family, and of the high Italian nobility, as descendant of the House of Caracciolo, by his mother, Marella Agnelli, born Donna Marella Caracciolo di Castagneto, as daughter of Don Filippo Caracciolo, 8th Prince di Castagneto, 3rd Duke di Melito, and hereditary Patrician of Naples
• Carolina Gillespie, professional ice skater for Italy
• Beatrice Borromeo, noblewoman of the House of Borromeo, journalist and ex-model
• HIRH Prince Joachim of Belgium, Archduke of Austria-Este
• Vittorio Gallinari, basketball player
• Clarence Seedorf, football player
• Carla Sozzani, gallerist known for creating the 10 Corso Como complex

Alumnus of the Year

The title of Alumnus of the Year was given for the first time in 2011 to Fabrizio Saccomanni, former 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.^[41]

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.^[42]

See also

• SDA Bocconi
• CEMS
• Offshoring Research Network
• Dondena Centre

References

External links

• Bocconi University Website (English homepage)