1. Strategy, management control and value creation
2. Financial information for management control
3. Accountability for results
4. Planning, budgeting and budgetary control
5. Monitoring of performance management

1. Strategic Management
2. Strategic analysis tools
3. Trends, Scenarios & Strategic Exploration of the Future
4. New business models

1. Introduction to SPSS
2. Univariate Analysis
   1. Point and interval estimation.
   2. Hypothesis tests.
3. Multivariate Analysis
   1. Regression.
   2. Factor analysis (principal components method).
   3. Clusters analysis.
4. Time Series and Forecast
   1. Decomposition.
   2. The Box-Jenkins forecast technique.
   3. Modeling conditional heterocedasticity.

1. Accounting Standardisation System (SNC)
   1. Basis for presentation of financial statements
   2. Conceptual Framework
   3. Models of financial statements
2. Financial Statements
   1. Identification and analysis
   2. Aims and objectives
   3. Preparation and presentation in accordance with NCRF
   4. Reading the financial statements and review
3. Financial Reporting
   1. Recipients of financial information
   2. Changes in accounting policies, changes in accounting estimates and errors
   3. Events after the balance sheet date
   4. Management report
   5. Statutory Auditor
   6. Disclosure of accounting documents
4. Integrated Reporting (financial and non financial information)

1. Different approaches to management control
2. Agency theory, value and knowledge management
3. Risk management
4. Components, objetives e limitations of an internal control system
5. Internal control and internalization
6. Internal control and corporate governance
7. Internal control and digital transformation
8. Internal control and sustainability
9. Benchmarking and internal control

1. Different approaches to management control
2. Agency theory, value and knowledge management
3. Risk management
4. Components, objetives e limitations of an internal control system
5. Internal control andinternalization
6. Internal control and corporate governance
7. Internal control and digital transformation
8. Internal control and sustainability
9. Benchmarking and internal control

1. Introduction
2. Company’s aims and agency problems
3. Financial information’s quality
4. Risk analysis
5. Value creation analysis

1. Risk management in a business context
   1.1. Risk
   1.2. Types of Risk
   1.3. Hedging and risk
   1.4. Motivations for risk management
   1.5. ERM – Enterprise Risk Management – an integrated vision
2. Interest rate risk management
   2.1. The Interest rate risk – notions
   2.2. Interest rate term structure
   2.3. Measures of exposure to interest rate
   2.4. Hedging interest rate risk
3. Currency risk Management
   3.1 Exchange Rates: concepts and notions
   3.2. Foreign exchange risk management
4. Derivatives and Risk Management
   4.1. Rating financial risk
   4.2. Derivatives application to financial risk hedging

Module 1 – Introduction to Project Management: General Concepts; Elements of Management
Module 2 – Project Conception: Identification of the problem to be solved; Change Theory; Construction of the proposed solution; Integration; Communication and stakeholders
Module 3 – Agile Techniques: Agile Manifesto; Main techniques; Comparison with the traditional approach
Module 4 – Project planning: scope and quality, resources and time, costs, risks
Module 5 – Monitoring, evaluation and feedback: definitions, tools and monitoring and evaluation techniques; Project closure.

Students must choose one of the following curricular units:

• Asset Evaluation

1. Evaluating closed companies.
   1.1. Cash flow growth rate.
   1.2. Discounted cash flow models.
   1.3. Determination of the required rate of return.
2. Real estate appraisal.
   2.1. Introductory concepts.
   2.2. Real estate appraisal models.
   2.2.1. Traditional methods: comparative method, the cost method, income method.
   2.2.2. Advanced methods: Hedonic pricing model.
3. Intangible Assets Valuation – an overview.
   3.1. Brand Valuation and firm value.
   3.2. Patents valuation.

• Business Intelligence and Analytics

1. Introduction to Business Intelligence
   1.1. Framework and importance;
   1.2. Project development cycle;
   1.3. Application cases.
2. Introduction to data modeling
   2.1. Operating and analytical systems;
   2.2. Relational model;
   2.3. Dimensional model;
3. Data integration and preprocessing
   3.1. Data types;
   3.2. Data collection process and definition of metadata;
   3.3. Data pre-processing: cleaning, transformation and integration.
4. Data Analytics and Data Visualization:
   4.1. Visual processing and perception;
   4.2 Types of graphs, their function and selection factors;
   4.3. Identify, develop, implement and use KPIs.
   4.4. Construction of interactive dashboards and scoreboards;
   4.5. Construction of a temporal intelligence mechanism.
5. Presentation, communication and storytelling:
   5.1. Identify what they express and what to convey about the data;
   5.2. Structure narratives for target audiences;
   5.4. Communicate the data story with context and direction.

• Leadership and Team Management

1 – Communication
1.1 communicational skills
1.2 Language, corporeality and emotions
1.3 Active and empathetic listening
1.4 Feedback
2- Commitment and Motivation
2.1 Commitment: Determinants and consequences
2.2 Basic assumptions of motivation 2.3 Practical applications
3.- Leadership
3.1 – Typology of leadership conceptions
3.2 – Leadership styles
3.3 – Authentic Leadership
3.4 – Strengths and virtues of the leader
4- Teamwork
4.1 – Potential and risk of teamwork
4.2 – Constitution of the team
4.3 – Team development and evaluation
5- Organizational virtuosity and individual and team performance

• Business and Financial Strategy

1. Introduction: Framework of International Finance: Why International Financial Management, International Monetary System, Foreign Exchange Market, Currencies and Exchange Rates;
2. Exchange Rates: direct and indirect quotation, cross exchange rate, spot and forward exchange rate; bilateral and triangular arbitrage;
3. Exchange risk management, arbitration mechanisms, currency swaps, currency options;
4. International capital markets: framework, integration of international capital markets;
5. International portfolio management, international diversification: traditional and contemporary views.

1. The role of the auditor in society
2. Standards and approach process
3. Risks and audit procedures
4. Professional ehics, fraud and materiality
5. Audit reports
   Report on internal auditing
   Report on financial auditing
   Report on non-financial information

1. Introduction
2. Monitoring of performance management
3. The strategic dimension of Management Control
4. The Balanced Scorecard
5. Strategy Maps
6. Management Control of Projects
7. Technology and management control

1. Knowledge and knowledge development
2. Scientific Method
3. Scientific Research: characteristics, classification and stages
4. Responsibility and ethical challenges in scientific research
5. Structure of a research project
6. Operationalization of the research project: definition of the theoretical framework, collection and processing of data
7. Writing and presentation of the research project and results obtained

Students must choose one of the following electives:

•  Project in Management Control

Module 1: Research methodology Methodology of scientific work
Search in databases and repositories
Rules and models for the submission of references
Presentation and discussion of research projects
Module 2: Empirical studies
Techniques for gathering information
Validation of rating scales
Techniques for statistical analysis
Methodology of qualitative studies and case
Module 3: Project Development
Tutorial for custom development and project organization.
The detailed program design is individualized. It is defined by the course coordinator, after consultation with the scientific committee of the
course and confirmed the interest in the theme of the project organization that facilitates it.
The project includes:

1. Presentation and justification of the design theme
2. Theoretical background
3. Methodology
4. Plan
5. Conclusion

• Internship in Management Control

Module 1: Research methodology
Methodology of scientific work
Search in databases and repositories
Rules and models for the submission of references
Presentation and discussion of research projects
Module 2: Empirical studies
Techniques for gathering information
Validation of rating scales
Techniques for statistical analysis
Methodology of qualitative studies and case
Module 3: Internship and preparation of the report
Tutorial for custom development and organization of the probation report
The detailed program of internship is individualized. It is defined by the course coordinator, after consultation with the scientific committee of the course, which should
still hear the advisor and internship supervisor.
The internship program includes: The definition of the issue or problem to be addressed in the research activity to develop, schedule and methodology of research.

• Dissertation in Management Control

Module 1: Research methodology
Methodology of scientific work
Search in databases and repositories
Rules and models for the submission of references
Consider a paper and identify the elements that should be in a research project
Presentation and discussion of research projects
Module 2: Empirical studies
Data collection techniques/instruments
Validating of research instruments
Analysis of correlation and regression
qualitative studies
Case Studies
Module 3: Development of dissertation
Tutorial for custom development and organization of scientific dissertation:

1. Presentation of research
2. Review of literature
3. Research Methodology
4. Discussion of results / presentation of a case
5. Conclusion