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|Università Commerciale Luigi Bocconi|
|Established||10 November 1902|
|1,369 (as of November 2006)|
|Students||14,313 (as of 2012)|
|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. SDA Bocconi was also ranked 16th by Businessweek's Top Global Schools for its MBA and 3rd among European business schools. 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.
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. 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.
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.
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, Model United Nations simulations and other major events aimed at orienting them during their secondary education.
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:
Several other administrative and research offices of Bocconi's individual institutes are scattered across the area, especially around Parco Ravizza and Viale Isonzo.
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). 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.
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), Social sciences (CLES) or Business administration (CLEAM); 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.
A fifth separate three-year undergraduate course in Economics focuses on the economics and management of Arts, Culture and Communication (CLEACC).
Moreover, since 2015, Bocconi University has offered a three-year highly selective Bachelor of Science in International Politics and Government (BIG).
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). 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.
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.
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.
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, 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.
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:
|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|
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.
The Bocconi Ph.D School offers the following 4-year Ph.D programmes:
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.
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] 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.
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.
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. The need-based scholarship provides a tuition waiver.
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 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.
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.
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.
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.
The University hosts several student run publications:
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.
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.
The Mines ParisTech: Professional Ranking World Universities ranked Bocconi 1st university in Italy, 11th in Europe and 30th in the world. At Center for World University Rankings (CWUR) is not even classified among the first 1000 Universities in the world, with the Sapienza University of Rome ranked as 1st university in Italy. 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, Bocconi University is 7th worldwide in Business & Management; 28th in Accounting & Finance; 18th in Economics & Econometrics. 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. Furthermore, Bocconi ranked 22nd worldwide in the 2015 QS Social Sciences and Management Faculty Rankings (25th in 2014). Degrees are offered both in English and Italian.
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.
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.