Università degli Studi di Napoli "Parthenope"

Teaching schedule

Academic year: 
Cognomi A-D
Belonging course: 
Course of Bachelor's Degree Programme on BUSINESS ADMINISTRATION
Disciplinary sector: 
Year of study: 
First Semester



Course description

Knowledge and understanding: student will acquire basic knowledge of going concern as an open system, the classes of going concerns, the objective and subjective profiles of management, the financial indicators expressing the main results and the equilibrium conditions of management; the specialist language of the discipline will be progressively appropriated, resulting into an adequate ability to orientate through various themes of business administration, as an introductory step to subsequent studies.

Ability to apply knowledge and understanding: student will develop skills in identifying and analysing going concerns within economic phenomena as well as interpreting their economic behaviour according to a systemic approach; he/she will be able to apply concepts, principles and methodologies to the solution of problems of calculation of the main financial indicators and to use those indictors for making decisions in the business administration sphere.

Autonomy of judgment: student will develop skills and critical thinking to interpret the economic behaviour of going concerns and their phenomenology; he/she will also be able to distinguish the peculiarities of the "going concern approach" to economic phenomena compared to other disciplines.

Communication skills: student will be able to clearly and fully expose the topics of the Course, demonstrating adequate mastery of concepts and language of business administration.

Learning skills: student will acquire skills for further insights into the concepts, methodologies and language of business administration, as well as the ability to integrate that knowledge with those acquired or to be acquired in other courses.


Basic knowledge of mathematics, normally acquired in primary and secondary school, is required. The course topics will be addressed by allowing understanding of the proposed topics and achievement of a homogeneous level of learning, regardless of the orientation and level of knowledge inherited from secondary school.


Economic activities. Characteristics of "azienda" (going concern). Classes of going concerns: business and non-business entities. Business operations: acquisition of inputs and exchange of output, and related monetary values. Operations concerning lending capital, and related monetary values. Operations concerning equity, and related monetary values. Models for calculation of financial position and financial performance. Notion of income. Calculation of the income of the financial year under the accrual basis of accounting. Notion of capital. Calculation of the net capital of a business at the end of the financial year. Classes of values within capital. Net cash-flow and net-working-capital-flow from operations. Reclassification methods of the Income Statement. Operating profit. ROE. ROI and its components. Modigliani-Miller's leverage model. Legal and economic entity. Relations between business and its environment: notion of strategy. Characteristics of non-business private entities. Characteristics of governmental entities. Conclusion: liquidity, solvency, economy, efficiency, and effectiveness of a going concern.

The Course provides basic elements on the going concern as an open system, on the different classes of going concerns, on the objective and subjective profiles of management, on the financial indicators that express the main results and on the equilibrium conditions of management.

Teaching Methods

The Course includes lectures and discussions of application cases. The latter are aimed, in particular, at illustrating the methodological aspects of monetary values analysis, the calculation of income and net worth at the end of the year, ROE, ROI and its components, leverage, net working capital flow from operations. Through the discussion of cases, student will also develop application skills of the acquired knowledge to solution of operational problems. There will also be exercise sessions with examples of exam tests.


Ferrara G. (ed.), Economia aziendale, McGraw-Hill, Milano, 2011

Learning assessment

The final exam includes a compulsory written test, divided into open-ended questions and an exercise of a quantitative nature. Open-ended questions assign a maximum total score of 24/30. The quantitative exercise assigns a maximum of 6/30.
After passing the written test, it will be possible to take an optional oral test.
There will be no mid-course tests.

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