Course | Credits | Scientific Disciplinary Sector Code | Contact Hours | Exercise Hours | Laboratory Hours | Personal Study Hours | Type of Activity | Language | |||||||||
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20110469 -
Internal Market and Monetary Union Law
(objectives)
Students acquire knowledge and understanding of internal market law, state aid law and monetary union law. These objectives will also be achieved through the examination of cases and other materials. The student will develop a critical awareness of the relevant primary and secondary law and will be able to make independent judgments based on the correct use of legal language. The student will also develop communication skills on the course topics with good linguistic technique. In terms of learning skills, the student will be able to conduct his or her own evaluation of legal issues by putting into practice the method and learning acquired during lectures and seminars.
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7 | IUS/14 | 56 | - | - | - | Core compulsory activities | ITA | |||||||||
20110502 -
Economia monetaria
(objectives)
Monetary Economics (SECS-P / 01) - The course aims to provide a basic knowledge to understand the role of money and the functioning of financial markets in advanced economic systems, providing also the tools for future autonomous learning by students. Particular attention is paid to the analysis of the functions and characteristics of financial intermediaries, of the most popular financial instruments and of the mechanism for forming the prices of financial assets. With reference to the Dublin descriptors, particualr attention will be devoted to developing in the students autonomy of judgment with respect to the current debate. As part of the general objectives of the degree program, the course allows students to acquire an autonomous ability to analyze and recognize the mechanisms that guide the evolution of the financial system in which companies operate, and the ability to transfer the results of personal analysis to the group of people with whom they will interact in their work.
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7 | SECS-P/01 | 56 | - | - | - | Core compulsory activities | ITA | |||||||||
20110505 -
Diritto della banca e degli intermediari finanziari
(objectives)
The course aims to provide basic notions to understand how financial systems works, differences between banks and other financial intermediaries, as well as the reasons underlying special rules and public controls on intermediaries. The first part of the course is devoted to illustrating the characteristics of financial systems and the differences between banks and other financial intermediaries. The second part examines the rules governing banking supervision and the management of banking crises in the light of the evolution of the process of harmonization of laws in the financial sector in Europe.
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7 | IUS/05 | 56 | - | - | - | Core compulsory activities | ITA | |||||||||
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Course | Credits | Scientific Disciplinary Sector Code | Contact Hours | Exercise Hours | Laboratory Hours | Personal Study Hours | Type of Activity | Language | |||||||||
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20101111 -
LEGAL ENGLISH
(objectives)
The course aims for the acquisition of modern Legal English terminology used in the sector. Students will learn specific legal lexicon to understand, analyze, critique and interpret opinions of general juridical texts and opinions, European directives and regulations, courtroom procedures, intellectual property, landmark decisions, etc. Students will reach a B2-C1 level of English and will be able to understand, clearly express themselves and explain legal topics in specific, clear, modern legal terminology appropriate for the sector.
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4 | 32 | - | - | - | ENG | |||||||||||
21210153 -
DOMESTIC ACCOUNTING PRINCIPLES
(objectives)
The teaching of the National Accounting Standard deepens the accounting and financial reporting of operations that present different solutions based on the Italian legislation in force and the national accounting standards issued by the Italian Accounting Body.
At the end of the course, the student will have acquired: • in-depth application knowledge of the techniques for accounting for operations for the preparation of the national financial statements; • an adequate ability to analyze the effects deriving from the adoption of alternative accounting techniques. |
9 | SECS-P/07 | 72 | - | - | - | ITA | ||||||||||
20101019 -
COMMERCIAL LAW II
(objectives)
COMPLETE AND IMPROVE THE KNOWLEDGE OF CORPORATE AND BUSINESS LAW.
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8 | IUS/04 | 64 | - | - | - | Core compulsory activities | ITA | |||||||||
20110683 - Commercial and financial contract law | 7 | IUS/04 | 56 | - | - | - | Core compulsory activities | ITA | |||||||||
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Course | Credits | Scientific Disciplinary Sector Code | Contact Hours | Exercise Hours | Laboratory Hours | Personal Study Hours | Type of Activity | Language | |||||||||||||||||||||||||||
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20110471 -
Diritto delle autorità amministrative indipendenti
(objectives)
Law of independent administrative authorities (IUS / 10) - The course aims to make people understand the reasons behind the birth of this "new" model of administration and the differences compared to traditional administrations. The course also intends to provide the basic notions on the organization and activity of the independent administrative authorities. In order to offer students an in-depth understanding of the model of independent administrative authorities and how they currently fit into the institutional chessboard, the course will focus on the reasons behind the emergence of independent administrative authorities; on the constitutional basis of the action of the independent authorities; on the areas of intervention of the independent authorities; on the organization of AI with particular reference to the mechanisms that ensure their independence; on the powers exercised by the independent authorities, on the procedural rules and on the types of measures adopted, with particular reference to the problem of procedural legality; on the evolution of the judicial review on the acts of the AI and on other forms of control. These issues will be explored not only with reference to national AI, but also with reference to independent European authorities. Furthermore, the action of the AI will also be analyzed through the lens of the economic analysis of the law which identifies with reference to the independent administrative authorities, a particular form of agency relationship.
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9 | IUS/10 | 72 | - | - | - | Core compulsory activities | ITA | |||||||||||||||||||||||||||
21201485 -
FINANCIAL MARKET LAW
(objectives)
The purpose of the course is to provide exhaustive knowledge of financial intermediaries, markets and the supervisory agency and, particularly, the following matters: financial markets laws; solicitation to the public; services and investment firms; institutional investors; company listed shares rules; controls on the securities market.
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7 | IUS/05 | 56 | - | - | - | ITA | ||||||||||||||||||||||||||||
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Course | Credits | Scientific Disciplinary Sector Code | Contact Hours | Exercise Hours | Laboratory Hours | Personal Study Hours | Type of Activity | Language | |||||||||||||||||||||||||||
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20110781 - Prova finale | 21 | 210 | - | - | - | Final examination and foreign language test | ITA |
TOTAL | 120 |
Course | Credits | Scientific Disciplinary Sector Code | Contact Hours | Exercise Hours | Laboratory Hours | Personal Study Hours | Type of Activity | Language | |||||||||
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20110785 -
Corporations
(objectives)
General concepts of US company law.
US corporate law: Financial structure Organization Directors’ duties Transactions on corporate control. |
8 | IUS/04 | 64 | - | - | - | Core compulsory activities | ENG | |||||||||
20110466 -
Economics of Digital Competition and Innovation
(objectives)
This course examines the economic principles that underlie digital competition and innovation. It begins by introducing basic microeconomic principles and then delves into exploring the strategies of firms and governments in the digital economy, along with their implications for markets, consumers, and society. The course introduces a wide range of topics, including network effects, platform competition, data privacy issues, intellectual property, and antitrust policy.
LEARNING OUTCOMES Demonstrate a fair understanding of the basic microeconomic principles that form the foundation of digital competition and innovation. Apply microeconomic concepts such as supply and demand, market structure, cost analysis, and pricing strategies to analyze and interpret the functioning of digital markets. Identify and explain the key economic drivers behind digital competition and innovation, including factors such as economies of scale, network effects, and information asymmetry. Apply economic reasoning to analyze the effects of digital competition and innovation on market outcomes, including consumer surplus, producer surplus, market efficiency, and market concentration. Evaluate the role of government intervention and regulation in digital markets from a microeconomic perspective, considering both the benefits and potential distortions they may introduce. KNOWLEDGE AND UNDERSTANDING Demonstrate knowledge and understanding of the economic principles that shape digital competition and innovation, including the key theories, concepts, and models relevant to the field. Explain the relationship between digital markets, the digital economy, and society, considering the interplay of economic factors, technological advancements, and social dynamics. Recognize and evaluate the implications of digital competition on markets, consumers, and society, including both positive and negative outcomes. APPLYING KNOWLEDGE AND UNDERSTANDING Analyze real-world case studies to digital economy, innovation and related policy interventions. Assess the effectiveness of different strategies employed by firms and governments in the digital economy. Evaluate the effects of digital competition on market outcomes, consumer welfare, innovation, and overall economic efficiency. MAKING JUDGEMENTS Critically evaluate the economic implications of different strategies and policies in the digital economy, taking into account their potential benefits, drawbacks, and unintended consequences. Assess the ethical and social considerations associated with digital competition and innovation, weighing the trade-offs between economic efficiency, consumer welfare, privacy, equity, and societal well-being. Formulate reasoned judgments and arguments based on economic analysis, incorporating relevant evidence and counterarguments in support of specific positions or policy recommendations. COMMUNICATION SKILLS Effectively communicate economic concepts, theories, and analysis related to digital competition and innovation, using clear and concise language that is appropriate for diverse audiences, including policymakers, industry professionals, and the general public. Present economic arguments and findings in a coherent and structured manner. Engage in discussions and debates on economic issues related to digital ecomomy and innovation. LEARNING SKILLS Engage in independent and self-directed learning, demonstrating the ability to acquire and integrate new knowledge and perspectives related to the economics of digital competition and innovation. Locate, evaluate, and critically analyze relevant academic literature, research papers, and industry reports to deepen understanding and support arguments. Collaborate effectively in group work and team projects, contributing actively, respecting diverse perspectives, and leveraging collective expertise to achieve shared learning objectives. |
7 | SECS-P/01 | 56 | - | - | - | Core compulsory activities | ENG | |||||||||
20110554 -
European Union Law
(objectives)
Students acquire knowledge and understanding of both the Union's institutional system and the internal market law. These objectives will also be achieved through the evaluation of case law. Students will develop a critical awareness of the Union's legal system, and will be able to have autonomous judgments based in particular on the correct use of legal language. Students will also develop communication skills as regards the topics of the course with good expressive technique. In terms of learning skills, the student will be able to conduct his/her own evaluation of legal issues by putting into practice the method and learning acquired during lessons and seminars.
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7 | IUS/14 | 56 | - | - | - | Core compulsory activities | ENG | |||||||||
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Course | Credits | Scientific Disciplinary Sector Code | Contact Hours | Exercise Hours | Laboratory Hours | Personal Study Hours | Type of Activity | Language | |||||||||
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20101111 -
LEGAL ENGLISH
(objectives)
The course aims for the acquisition of modern Legal English terminology used in the sector. Students will learn specific legal lexicon to understand, analyze, critique and interpret opinions of general juridical texts and opinions, European directives and regulations, courtroom procedures, intellectual property, landmark decisions, etc. Students will reach a B2-C1 level of English and will be able to understand, clearly express themselves and explain legal topics in specific, clear, modern legal terminology appropriate for the sector.
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4 | 32 | - | - | - | ENG | |||||||||||
21210098 - RISK AND ACCOUNTING | 9 | SECS-P/07 | 72 | - | - | - | ENG | ||||||||||
20110783 -
Fintech and digital money
(objectives)
Digital innovation is reshaping every aspect of our lives, and finance is no exception. Digital developments bring in new operational tools, infrastructures, and interfaces, which, in turn, are revolutionizing market structures, business models and their platforms, clients’ access to financial services and payment tools, and the regulation and supervision of each of these aspects. Indeed, digital technologies open up new opportunities for financial and non-financial businesses, investors, and retail clients. However, these opportunities are coupled by corresponding risks. We can expect: more competition but also new oligopolies or monopolies; more financial inclusion but also new hurdles and discriminations to access financial services or risks of criminal use of the financial sector; more investors’ choices but also risks to their privacy; better diversification but also new vulnerabilities to financial stability or monetary policy; etc..
The course intends to provide the students with a toolkit to understand these on-going changes, and frame the related legal and regulatory challenges. In particular, specific attention will be given to the extent to which these changes: (i) are bringing about a “revolution” or rather an “evolution” of the financial system and the related institutional, regulatory, and supervisory framework; (ii) require new skills and conceptual legal tools to be adequately addressed; (iii) introduce new trade-offs between concurring public interests, and the ensuing need for regulatory intervention. The course will be structured in two parts. The fist one provides an introduction to the concepts of centralized and decentralized finance, and their application to the evolving financial ecosystem. For this purpose, it will kick off from the basic legal and economic concepts underlying financial intermediation; its traditional articulation between banking and the payment system, on the one hand, and market finance, on the other hand; the public interests underlying their regulation and supervision. This first layer is the basis to move to the “enabling” and “triggering” role of technology: we review the innovative digital tools which are reshaping the financial sector (distributed ledger technologies and the blockchain, API, clouds, machine learning, etc.) and the ensuing current and expected economic impacts and legal implications. The second part delves into the institutional and regulatory response to the above innovations, at the international level (G-20 and G7), European and Italian level, with a focus to the main trade-offs that this regulatory response tries to address. Specific attention will be given to the Digital Finance Package and other European initiatives in this area: MICAR, DLT Pilot Regime, Open Finance and PSD3, retail payments strategy and digital euro project, DORA, Crowdfunding, Sandboxes. Each of these will be analyzed within the broader context of the international framework. |
7 | IUS/05 | 56 | - | - | - | Core compulsory activities | ENG | |||||||||
20110691 -
Capital Markets
(objectives)
The course deals with the fundamental principles of European regulation of capital markets, focusing on the main chapters of securities markets, issuers and financial intermediaries.
The course covers the institutional aspects (EU legislative framework and processes, EU and national supervisory authorities), the public law regulation strategies (e.g., access to markets, disclosure, sanctions) and the private law elements of regulation (e.g., rules of conduct, corporate governance, private enforcement), with the aim to provide students with a background on the following main topics: (i) functioning of the EU market infrastructures; (ii) law and economics of information theory and market abuses; (iii) access of issuers to capital markets; (iv) regulation of investment services; (v) regulation of investment funds; (vi) financial regulation on crypto-assets; (vii) sustainability issues in capital markets regulation. |
9 | IUS/04 | 72 | - | - | - | Core compulsory activities | ENG | |||||||||
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Course | Credits | Scientific Disciplinary Sector Code | Contact Hours | Exercise Hours | Laboratory Hours | Personal Study Hours | Type of Activity | Language |
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20110477 -
EU Financial Law: Institutional Framework
(objectives)
EU Financial Law: Institutional framework (IUS/05) - The course aims to introduce students to the study of European regulation of the financial sector, with particular attention to the supervisory architecture. The first part of the course is devoted to illustrating the functions of the financial system and the intermediaries through which these functions are performed; the fundamental principles and objectives that govern financial regulation. The second part explores the institutional architecture of supervision in Europe, with particular attention to the Banking Union and the tasks of the European Central Bank. The decisions of the European Court of Justice are key readings to understand the regulatory framework. |
7 | IUS/05 | 56 | - | - | - | ENG | |
20110784 -
Business Administration and Financial Intermediaries Strategies
(objectives)
The cours aims to provide a solid understanding of the operation of bank sector. It examines the nature and characteristics of the various activities carried out by banks, the products submitted to customers and the factors of production used, organization, business model, also considering the impact of regulation and supervision on management choices. By the end of the cours, students will have developed the ability to analyze and understand the behavior of banks, according to existing regulations.
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9 | SECS-P/07 | 72 | - | - | - | Core compulsory activities | ENG |
20110476 -
Comparative Competition Law
(objectives)
This course, taught in English, focuses on competition law from a comparative perspective (with particular reference to the European Union and the United States). It aims to provide students with the tools for understanding antitrust policies and their concrete implementation through the study of EU and U.S. legislation, case law and enforcement practice. In addition to dealing with individual cases, the course includes in-depth study of specific topics related to sectors of interest (including digital markets) and the intersections between competition law and other areas of law, such as intellectual property law. In addition, the course provides for the active participation of students in the analysis and discussion of relevant case law and in the simulation of trials.
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7 | IUS/02 | 56 | - | - | - | Core compulsory activities | ENG |
Course | Credits | Scientific Disciplinary Sector Code | Contact Hours | Exercise Hours | Laboratory Hours | Personal Study Hours | Type of Activity | Language |
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20110585 -
Advanced Administrative Law
(objectives)
The Course consists of lectures and case law discussions, meant to encourage active students’ participation. Each case will be examined in the context of its specific jurisdiction and through comparative overview. Students’ evaluation will be based on class work, oral presentations and comments, and a final exam. Academic papers, cases and materials will be made available in class and on the website.
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7 | IUS/10 | 56 | - | - | - | Core compulsory activities | ENG |
20110781 - Prova finale | 21 | 210 | - | - | - | Final examination and foreign language test | ITA |
TOTAL | 120 |