PROGRAM STRUCTURE

THE F-EMBA program consists of 4 specialist modules.

1 Business development (40 hours)

2 Lean Organization and soft skills (40 hours)

3 Finance Administration and Control I: Management Accounting (40 hours)

4 Finance Administration and Control II: Finance & Business Planning (40 hours)

Contents

Business Development (40 hours)

Starting from two main trends, Industry 4.0 and Sharing Economy, the “must be” of the new “capability based” strategies from which the marketing and “operations” strategies are outlined.
Strategy, marketing and innovation skills are no longer only for top management and specific company functions. In the logic of Focus Management and Lean Management, the vision of the strategic development of the business and the agile response from the company to market demand in a hyper-competitive context must be widespread and solid.
The module, through business cases and the most advanced theoretical frameworks, intends to give each business function the strategic and marketing vision necessary to interpret its role in an evolutionary way.

Lean Organization and soft skills  (40 hours)

The Lean Organization module focuses on executive processes and people management. The module is based on an evolved vision for processes, on the “lean” approach and on the team agile management. In fact, effective management and leadership require a strong focus on value (what the customer is willing to pay) and on operational efficiency (eliminating waste), to inspire and guide people.
The module aims to provide an innovative set of people management tools based on the concepts of “agility” and “focus”, for intervening on the sources of organizational criticality.
The BYP, Lead Business, Lead Yourself, Lead People approach allows to put into practice soft skills and multiple intelligences to drag the team to high performance levels, to convey the commitment to the result, overcoming stressful situations at an individual and organizational level.

Finance Administration and Control I: Management Accounting (40 hours)

The Module wants to examine the main performance measures of a company in the context of management control, to illustrate the most important aspects for the definition of a development plan and to analyse the most appropriate forms of financing available to companies.
After illustrating the general and taxonomic aspects of management control, the main methods of reclassification of the balance sheet and income statement will be examined.
After a quick examination of the differences between industrial and general accounting, the fundamental tools will be provided for the interpretation of the information, in the matter of cost accounting, necessary for the planning and control activity.
First, the company’s economic-structural capacity will be analysed by studying the variability of costs and examining the profitability chart. Then, the problems related to the definition of cost centres and the estimate of costs per order will be examined.

Finance Administration and Control II: Finance & Business Planning (40 hours)

The most important indexes and margins for the analysis of the economic-financial-equity balance of the company will be presented, focusing on profitability indexes, such as ROE, ROI and ROS, and on those relating to the management of the working.
The purposes and main phases for preparing and formulating of a Business plan will be illustrated, focusing on the definition of the cash flows and financial needs connected to the plan, also resorting to the illustration of sensitivity analysis.
The aspects and main operational problems in the company evaluation will be examined through the DCF method and that of multiples.
Finally, the main aspects of the bank-business relationship will be examined, focusing the analysis on the operating methods through which a credit institution analyses the creditworthiness for the granting of medium-long term loans; in particular, the main characteristics of the most important types of ordinary and subsidized loans will be illustrated.