Fields of study
The program is multidisciplinary in nature and features three tracks (curricula) – economics, finance, and accounting – linked by a common core.
In the first year, students attend core courses that develop a broad set of theoretical and empirical skills relevant to advanced research in their chosen track.
In the second year, students follow advanced core courses offered in their field of specialization, and also choose from a wide range of electives.
Accounting
Research in the Accounting Department considers the effects of financial statement information, financial and non-financial disclosures, and regulation of corporate reporting on capital market outcomes, and on contracting and resource allocation decisions of firms. Accounting regulation and standards are recognized as being important in shaping the quality of corporate reporting, but much of the Department’s research also emphasizes the role of effective auditing and corporate governance. An emerging research theme is the application of machine learning and computational linguistics methods to study the properties of financial narratives.
Details of Accounting Faculty research interests can be found at Department of Accounting
Instructors:
A. Caglio, A. Ditillo, A. Florou, M.B. Gietzmann, P. F. Pope, A. Prencipe
Development and Institutions
Bocconi scholars in the area of development and institutions study how cultural values, economic and political institutions, and norms shape the economic behavior of individuals and groups, the way markets emerge and function, and the economic performance of societies in comparative perspective.
The issues studied range from whether cultural values or institutions can account for the different economic performance of countries or regions within countries over time to why over the last millennium. The interplay between religious norms and economic outcomes belongs to the research agenda of this group, as well as the study of the interactions between inheritance norms and customs, the economics of conflict, the gender division of labor, marriage markets, and economic outcomes.
Details on the development and institutions scholars and research activities can be found both at
https://www.igier.unibocconi.it/appliedmicro
Instructors : A. Alesina, M. Botticini, M. Morelli, G.Tabellini, D. Ubfal
Econometrics
While mainly centered in the economics, finance and decision science departments, Bocconi University has a long standing tradition in Econometrics and Statistics both as applied and theoretical fields. Most fields of both cross sectional and time series Econometrics are covered and main applied fields are financial econometrics, with well established research in long run properties of financial time series and longevity risk and market microstructure. Traditional fields of research for Bocconi econometrics and statistics are macro econometrics, monetary econometrics and political economics.
The econometrics sequence is currently taught by researchers active in the field of time-series and financial econometrics (Favero, Corielli, Decarolis, Guidolin and Sala).
Instructors: J. Adda, F. Corielli,
F. Decarolis, M. Guidolin, L. Sala
Finance
Bocconi finance group works on a large variety of topics in corporate finance, asset pricing, financial engineering, banking and financial institutions, markets and intermediation, market microstructure.
Details on the finance group scholars and research activities can be found at
https://www.igier.unibocconi.it/finance
Instructors: A. Battauz, E. Carletti, M.Croce, N. Serrano-Velarde
Macroeconomics
The Bocconi macro group conducts theoretical and empirical research on several areas of macroeconomics. The macro group is particularly strong on fiscal and monetary policy, international macroeconomics and international finance, consumption and applied macroeconomics, quantitative macroeconomics, public finance and political economy, macro-labor and optimal labor market policies.
Details on the macro group scholars and research activities can be found at
https://www.igier.unibocconi.it/macro
Instructors: C. Favero, N. Gennaioli, F. Giavazzi, T. Monacelli, N. Pavoni, D. Sergeyev
Microeconomics
Members of the Bocconi theory group study the way individuals make complex decisions under risk and uncertainty, the role of emotions in strategic interactions among individuals, households, and firms, the development of social networks in complex environments, as well as information aggregation in markets and organizations. They are committed to develop models and to test theories through lab experiments conducted in the brand-new experimental laboratory housed at Bocconi.
Some of the models developed by the members of this group have been used in a variety of applications, from environmental issues, to finance and insurance applications, to risk management in financial institutions and central banks.
Details on the theory group scholars and research activities can be found at
https://www.igier.unibocconi.it/theory
Instructors: S. Cerreia-Vioglio, F. Decarolis, M. Ottaviani, F. Vega-Redondo