New students should strengthen their academic background needed to succeed in our degree programs before enrollment. You will have to go over some of the basic notions of International Accounting, International Business Law, Economics and Statistics.
We will test your preparation soon after the start of the . Click here to give a look at the sample tests.
What you need to know
Accounting
- The accounting cycle and its main characteristics;
- The recording process;
- The path to match the accounting cycle and the recording process;
- How to draw up an annual report (balance sheet): basic principles
Didactic materials:
Jerry J. Weygandt, Accounting Principles, Wiley, 2008 9th edition, (or other edition), Chapters 1,2,3 and 4.
Business Law
Business Formations, the Agent/Principal Relationship and their Liabilities to Third Parties
- Types of Business Organizations, General Partnerships, Limited Partnerships, Franchises
- Corporations, Shareholders, Board of directors, Officers, Other Employees
- Termination of the Corporation. Italian legal system
Didactic materials:
- Robert W. Emerson, J.D., Business Law, Barron’s, 5th edition, 2009, chapters 14, 15,16 and 17;
- Italian Business Law, Alessandro De Nicola, Marco Carone, Egea, 2008, chapters 1 (p. 3-22) and 3 (p. 35-41).
Economics
- Supply and Demand. Rational consumer choice: budget constraint, indifference curves, utility maximization.
- Production and costs in the short run: total, marginal and average functions.
- Perfect competition and monopoly.
- Fundamentals of macroeconomics: GDP and its components.
Didactic materials:
- Frank, Robert H., Microeconomics and Behavior, McGraw Hill – 7th edition, Chapters 2, 3, 9, 10, 11 and 12;
- Earl, P. and T. Wakeley, Business Economics: a Contemporary Approach, McGraw Hill Education, Chapter 12. (Reading of chapter 13 is also suggested).
Statistics
- Numerical Descriptive Measures and Graphical Representation of Data;
- Discrete and Continuous Distributions;
- Sampling and Sampling Distributions;
- Point Estimation and Confidence Interval Estimation.
Didactic materials:
Berenson M.L., Levine D.M. and Krehbiel T.C., Basic Business Statistics, Pearson, 13th edition (or previous editions), Chapters 1, 2, 3, 4, 5, 6, 7, 8.