Bocconi University

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Bocconi University
Università Commerciale Luigi Bocconi
Università degli studi Luigi Bocconi - Milano.jpg
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[edit]

Luigi Bocconi

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.[citation needed]

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.[citation needed]

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[edit]

Full view on the ellipsoid Velodromo building, as seen from EGEA
The pensionato building, between which the SDA Bocconi building is seen
The Dubini Residence (Residenza E.Dubini) of Bocconi University

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[edit]

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[edit]

Entrance to the Velodromo and new building in background

Undergraduate programs[edit]

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]

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).[18] 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.[19]

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.[20]

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.[21]

Graduate programs[edit]

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,[22] 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.[23][24]

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
The SDA Bocconi building.

School of Law[edit]

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[edit]

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[edit]

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[edit]

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).[clarification needed][25] 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.[26]

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.[clarification needed] Bocconi is a member of the Offshoring Research Network, an international network researching the offshoring of business processes and services.

Departments[edit]

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

Permanent Research Centers[edit]

  • 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 envronmental)
  • 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[edit]

Student scholarships[edit]

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.[27] The need-based scholarship provides a tuition waiver.[28]

Bocconi sport teams[edit]

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.

Library[edit]

Bocconi alumni[edit]

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[edit]

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[edit]

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[edit]

Student associations[edit]

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[edit]

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.[29] 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[edit]

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[edit]

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[edit]

The Mines ParisTech: Professional Ranking World Universities ranked Bocconi 1st university in Italy, 11th in Europe and 30th in the world. 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,[30] Bocconi University is 7th worldwide in Business & Management;[31] 28th in Accounting & Finance;[32] 18th in Economics & Econometrics.[33] 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.[34] Furthermore, Bocconi ranked 22nd worldwide in the 2015 QS Social Sciences and Management Faculty Rankings (25th in 2014).[35] Degrees are offered both in English and Italian.

Notable people[edit]

Alumni[edit]

Other[edit]

Alumnus of the Year[edit]

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.[40]

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.[41]

See also[edit]

References[edit]

  1. ^ http://www.stampa.unibocconi.it/editor/archivio_pdf/La_Bocconi_in_cifre20121114181222.pdf
  2. ^ "Global MBA Ranking 2017". Rankings.ft.com. Retrieved 10 Feb 2017. 
  3. ^ "SDA Bocconi Only Italian School in Bloomberg Businessweek's Top Global Schools" (PDF). SDA Bocconi. Retrieved 13 May 2012. 
  4. ^ "Europe's Top B-Schools 2011: 6. SDA Bocconi - BusinessWeek". Images.businessweek.com. 8 December 2009. Retrieved 14 February 2012. 
  5. ^ Gavetti, Giovanni and Anna Canato."Universita' Bocconi: Transformation in the New Millennium" , Harvard Business School Case, 7 July 2008. Prod. #: 709406-PDF-ENG.
  6. ^ "HISTORY AND MISSION - Bocconi University". Unibocconi.eu. 5 September 2011. Retrieved 14 February 2012. 
  7. ^ Matematica - Giochi - Gare Archived 25 May 2008 at the Wayback Machine.
  8. ^ Liceo Manzoni - Bocconi University Model United Nations Archived 17 May 2008 at the Wayback Machine.
  9. ^ Milano per Me - Itinerari - Conoscere Milano - Ravizza[dead link]
  10. ^ "Blog Archive » Universita Luigi Bocconi by Grafton Architects". Dezeen. 27 October 2008. Retrieved 14 February 2012. 
  11. ^ grafton architects » work » learning Archived 19 November 2007 at the Wayback Machine.
  12. ^ "Inauguration of Residenza Dubini, with 326 new student housi - Campus". Viasarfatti25.unibocconi.eu. Retrieved 14 February 2012. 
  13. ^ "ECONOMIA E FINANZA - Università Bocconi". Unibocconi.eu. 15 July 2008. Retrieved 14 February 2012. 
  14. ^ "ECONOMIA E SCIENZE SOCIALI - Università Bocconi". Unibocconi.eu. Retrieved 14 February 2012. 
  15. ^ "ECONOMIA AZIENDALE E MANAGEMENT - Università Bocconi". Unibocconi.eu. Retrieved 14 February 2012. 
  16. ^ "International Economics, Management And Finance - Bocconi University". Unibocconi.eu. 8 July 2011. Retrieved 14 February 2012. 
  17. ^ "Economia E Management Per Arte, Cultura E Comunicazione - Università Bocconi". Unibocconi.eu. Retrieved 14 February 2012. 
  18. ^ "CFA Institute". CFA Institute. Retrieved 2013-04-27. 
  19. ^ "Bocconi University Adds a Third Degree to CFA Program Partner Agreement". Cfainstitute.org. 2010-11-23. Retrieved 2013-04-27. 
  20. ^ Dual Degree in International Business from Università Bocconi and Central European University: Program Archived 16 October 2007 at the Wayback Machine.
  21. ^ "World Bachelor in Business | USC Marshall School of Business". Marshall.usc.edu. Retrieved 2013-04-27. 
  22. ^ "CFA Society Italy". Retrieved 31 May 2015. 
  23. ^ "Business school rankings from the Financial Times - FT.com". Retrieved 2 October 2015. 
  24. ^ "Business school rankings from the Financial Times - FT.com". Retrieved 2 October 2015. 
  25. ^ "Press Room - Universita' Bocconi". Retrieved 31 May 2015. 
  26. ^ "Dall'Europa cinque milioni di euro per la ricerca Bocconi - Campus". Viasarfatti25.unibocconi.it. 25 January 2012. Retrieved 14 February 2012. 
  27. ^ "Bocconi Merit Awards". Bocconi. Retrieved 12 May 2012. 
  28. ^ "Financial Aid System". Bocconi. Retrieved 12 May 2012. 
  29. ^ Federico Longobardi & Luigi Russi (2009). "A Tiny Heart Beating: Student‐Edited Legal Periodicals in Good Ol' Europe". German Law Journal. 10 (7): 1127–1148. 
  30. ^ QS World University Rankings by Subject 2015
  31. ^ QS 2015 Business & Management Ranking
  32. ^ QS 2015 Accounting & Finance Ranking
  33. ^ QS 2015 Economics & Econometrics Ranking
  34. ^ 2014 Financial Time's European Business School Rankings
  35. ^ "QS World University Rankings by Faculty 2015 - Social Sciences and Management". Top Universities. Retrieved 31 May 2015. 
  36. ^ Green, Danielle (April 2015). "A family affair". Vision. Retrieved 23 May 2015. 
  37. ^ http://www.zoominfo.com/p/Luca-Padulli/-2003472773
  38. ^ http://www.thelocal.it/20151214/italian-ex-porn-star-lands-football-job
  39. ^ http://www.gioia.it/bellezza/capelli/interviste/a250/chiara-ferragni-influencer-testimonial-pantene-intervista/
  40. ^ "Alumnus of the Year: Fabrizio Saccomanni". Bocconi Alumni Association. Retrieved 27 April 2013. 
  41. ^ "Fabrizio Saccomanni, direttore generale Banca d'Italia, e' - Campus". Bocconi University. 16 September 2011. Retrieved 14 February 2012. 

External links[edit]