CODE 41125 ACADEMIC YEAR 2022/2023 CREDITS 9 cfu anno 1 ECONOMIA AZIENDALE 8697 (L-18) - GENOVA 9 cfu anno 1 ECONOMIA E COMMERCIO 8699 (L-33) - GENOVA 9 cfu anno 1 ECONOMIA DELLE AZIENDE MARITTIME, LOGISTICA E TRASP. 8698 (L-18) - GENOVA SCIENTIFIC DISCIPLINARY SECTOR SECS-P/07 LANGUAGE Italian TEACHING LOCATION GENOVA SEMESTER 1° Semester SECTIONING Questo insegnamento è diviso nelle seguenti frazioni: A B C D PREREQUISITES Propedeuticità in uscita Questo insegnamento è propedeutico per gli insegnamenti: Business Administration 8697 (coorte 2022/2023) BUSINESS MANAGEMENT 60024 A BUSINESS MANAGEMENT 60024 B Business Administration 8697 (coorte 2022/2023) CORPORATE FINANCE 64804 Business Administration 8697 (coorte 2022/2023) FINANCIAL MARKETS AND INSTITUTIONS 66704 B FINANCIAL MARKETS AND INSTITUTIONS 66704 A Business Administration 8697 (coorte 2022/2023) MANAGEMENT CONTROL 63720 Business Administration 8697 (coorte 2022/2023) ORGANIZATION DESIGN AND BEHAVIOUR 63717 Business Administration 8697 (coorte 2022/2023) FINANCIAL ACCOUNTING 60076 C FINANCIAL ACCOUNTING 60076 A FINANCIAL ACCOUNTING 60076 B Business Administration 8697 (coorte 2022/2023) MARKETING 64372 Business Administration 8697 (coorte 2022/2023) INTERNATIONAL MANAGEMENT AND MARKETING 64800 Maritime, Logistics and Transport Economics and Business 8698 (coorte 2022/2023) TRANSPORT MANAGEMENT SUPERVISION 63738 Maritime, Logistics and Transport Economics and Business 8698 (coorte 2022/2023) INVESTMENT MANAGEMENT AND FUNDING OF TRANSPORT COMPANIES 83911 Maritime, Logistics and Transport Economics and Business 8698 (coorte 2022/2023) FINANCIAL ACCOUNTING 60076 C FINANCIAL ACCOUNTING 60076 A FINANCIAL ACCOUNTING 60076 B Maritime, Logistics and Transport Economics and Business 8698 (coorte 2022/2023) TRANSPORT MANAGEMENT 60027 Maritime, Logistics and Transport Economics and Business 8698 (coorte 2022/2023) MANAGEMENT 60023 Maritime, Logistics and Transport Economics and Business 8698 (coorte 2022/2023) OPERATIONS MANAGEMENT 63737 Economics 8699 (coorte 2022/2023) FINANCIAL MARKETS AND INSTITUTIONS 59845 Economics 8699 (coorte 2022/2023) BANKING 57398 Economics 8699 (coorte 2022/2023) CORPORATE FINANCE 73189 Economics 8699 (coorte 2022/2023) FINANCIAL ACCOUNTING 60076 C FINANCIAL ACCOUNTING 60076 A FINANCIAL ACCOUNTING 60076 B Economics 8699 (coorte 2022/2023) INVESTMENTS 64798 TEACHING MATERIALS AULAWEB OVERVIEW Business Administration is a core unit in the 3-year degree which addresses the principles and logics underpinning the operations of businesses. This is the first unit in the business studies area that first-year students take on in their degree. AIMS AND CONTENT LEARNING OUTCOMES The course aims to provide first-year students a basic knowledge of the principles and logics underpinning the operations of businesses. In particular, you will examine the nature and roles of businesses and their administration, as economic entities producing goods and services for the market. AIMS AND LEARNING OUTCOMES The Business Administration course aims at providing the first-year students with a solid basic knowledge of the principles and logics underpinning the operations of businesses. In particular, the course intends to: Examine the conditions for the origins and development of businesses Clarify the concepts of operations continuity and management’s objective of value creation Explain the necessary conditions to achieve and maintain the economic and financial stability of the business Deepen the double-entry bookkeeping methodology and its application to register main business operations Understand the profitability and financial needs of a business By the end of this course, students will acquire competence in the main issues of business administration, such as: the calculation of the net profit of the year and the invested capital, as well as the meaning of equity value. the double-entry bookkeeping and its application for recording main operations in accounting the company’s profitability, its financial needs and related financial resources. Learning outcomes Knowledge and comprehension: students will acquire solid knowledge and factual ability to explain the logics of business operations, including a focus on the nature and activities of businesses, as systematic economic entities that generate wealth and require economic and financial stability to stay viable. Ability to apply knowledge: Students will be able to apply their acquired knowledge to understand and solve simple and more complex problems concerning business management, organisation and accounting, especially in consideration of the company’s financial and economic stability. Critical judgment: Students will be able to apply the acquired knowledge using their own judgment and critical reasoning, both theoretically and practically. Learning capability: Students will develop appropriate learning capabilities that will support their independent learning of other subject in business administration, accounting and management, especially in their future job positions. TEACHING METHODS The course entails: lectures aiming at providing an overview of financial and business concepts and the functioning of the accounting and information system tutorials to apply specific knowledge in practice In the learning activities, students may be supported by digital apps that allow for self-assessment. Depending on the dynamics of COVID 19, students could be supported by blended learning activities (online educational material and opportunities for interactions). Details will be available on Aulaweb. It is available on Aulaweb. SYLLABUS/CONTENT The business operations as the main study objects of Business Administration as a scientific discipline. The business and its distinctive role in the economic and financial system. The value creation process. Business administration and its main operations: financing, investments, production, sales. The economic and financial effects of operations. Profit generation and financial and economic stability of the business. The invested capital and the net profit of the year. The principle of accrual accounting. The double-entry bookkeeping methodology and accounting entries of the main business operations: purchase, sales, fixed assets acquisition, etc… Elements of the invested capital and the net profit. The problem of accounting estimates. The profitability and its determinants. The equity value. Nature of the costs and their relations with the business Financial needs, their determinants and coverage. Financial stability. RECOMMENDED READING/BIBLIOGRAPHY Selected chapters from the textbook: Marchi L. (2018), Introduzione all’economia aziendale, Giappichelli, Torino E-book available (https://www.giappichelli.it/introduzione-all-economia-aziendale-21608) A list of the chapters that are covered in the final exam is provided at the beginning of the semester on Aulaweb. Additional materials are uploaded on Aulaweb at the beginning of and during the semester. TEACHERS AND EXAM BOARD ELISA RONCAGLIOLO Ricevimento: Tuesday h. 15.30 (II floor - office 1004). Exam Board ELISA RONCAGLIOLO (President) FRANCESCO GIOVANNI AVALLONE ELISA BONOLLO GIULIA LEONI LESSONS LESSONS START Lessons start in the first semester. Class schedule The timetable for this course is available here: Portale EasyAcademy EXAMS EXAM DESCRIPTION The final exam is identical for attending and non-attending students. In consideration of the current COVID-19 emergency, details about the final exam will be provided on Aulaweb. ASSESSMENT METHODS The exam aims at verifying that the student is capable to effectively explain the nature of the business and its dynamics, and to apply theoretical concepts to solve problems regarding the preservation of the economic and financial stability of the businesses. Exam schedule Data appello Orario Luogo Degree type Note 18/01/2023 14:00 GENOVA Scritto 01/02/2023 14:00 GENOVA Scritto 15/02/2023 14:00 GENOVA Scritto 11/05/2023 09:00 GENOVA Scritto 14/06/2023 14:00 GENOVA Scritto 29/06/2023 14:00 GENOVA Scritto 13/07/2023 14:00 GENOVA Scritto 06/09/2023 10:00 GENOVA Scritto