Università degli Studi di Napoli "Parthenope"

Teaching schedule

Academic year: 
Belonging course: 
Course of Bachelor's Degree Programme on MANAGEMENT DELLE IMPRESE TURISTICHE
Disciplinary sector: 
Year of study: 
First Semester
Hours of front activity: 



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 the going concern (azienda). Classes of going concerns: business and non-business entities. Subjective and objective profiles of management. Legal person and economic person. Relations between the going concern and its environment: notion of strategy. Business transactions. Acquisition of inputs and exchange of output; related monetary values. Operations concerning lending capital; related monetary values. Operations concerning equity; related monetary values. Models of calculation of income and net worth. Notion of income. Calculation of the income of the financial year. Accrual principle. Notion of net worth. Calculation of the net worth at the end of the financial year. Classes of assets, liabilities, and net worth. Areas of management and related margins. Operating profit. ROE. ROI and its components. Modigliani-Miller's leverage model. Introductory elements on non-business entities. Equilibrium conditions of management: profitability, solvency, liquidity, efficiency, and effectiveness.

The Course provides basic elements on the going concern (azienda) 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. 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 four 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.
The written test aims to evaluate the knowledge and economic-business skills on the issues of the going concern (company) 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. The oral test aims to verify any critical issues that emerged in the written test, as well as to perfect the overall assessment.
There will be no mid-course tests.

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