Studying at the University of Verona

Here you can find information on the organisational aspects of the Programme, lecture timetables, learning activities and useful contact details for your time at the University, from enrolment to graduation.

A.A. 2019/2020

Academic calendar

The academic calendar shows the deadlines and scheduled events that are relevant to students, teaching and technical-administrative staff of the University. Public holidays and University closures are also indicated. The academic year normally begins on 1 October each year and ends on 30 September of the following year.

Academic calendar

Course calendar

The Academic Calendar sets out the degree programme lecture and exam timetables, as well as the relevant university closure dates..

Academic year:

For the year 2019/2020 No calendar yet available

Exam calendar

Exam dates and rounds are managed by the relevant Science and Engineering Teaching and Student Services Unit.
To view all the exam sessions available, please use the Exam dashboard on ESSE3.
If you forgot your login details or have problems logging in, please contact the relevant IT HelpDesk, or check the login details recovery web page.

Exam calendar

Should you have any doubts or questions, please check the Enrolment FAQs

Academic staff


Begalli Diego +39 045 8028731

Capitello Roberta 045 802 8488

Cobelli Nicola 0458028295

Moggi Sara 045 802 8290

Ricci Elena Claire 045 8028422

Scarpa Riccardo

Sidali Katia Laura

katialaura sidali@univr it 045 802 8592

Study Plan

The Study Plan includes all modules, teaching and learning activities that each student will need to undertake during their time at the University. Please select your Study Plan based on your enrolment year.


Legend | Type of training activity (TTA)

TAF (Type of Educational Activity) All courses and activities are classified into different types of educational activities, indicated by a letter.

SPlacements in companies, public or private institutions and professional associations

Teaching code





Riccardo Scarpa

The teaching is organized as follows:

Investment analysis and appraisal in the wine business




Not yet assigned

Academic staff

Riccardo Scarpa

Financial statement analysis and planning




Not yet assigned

Learning outcomes

The course introduces students to accounting and provides knowledge on to the preparation, composition, reading and analysis of wineries financial statement according to international standards. The course considers also costs analysis and evaluation and sustainability measurements for wineries. The objective is to provide students with the principles guiding the analysis of investments in the various activities of the wine-production sector. The teaching is developed from the teaching of the principal topics in financial maths (simple and compounded interest, discounting, present value calculation of different capital flows, periodicities, and capitalisation). Each of the topics is contextualised to the wine-production sector (hanging fruit valuation, vineyard cycle, circulating capital, etc.). The course proceeds also with the introduction to the concepts of risk and uncertainty in the returns from investments in the firm and outside the firm, to diversify risk. Various risk profiles from investment and portfolio composition techniques are discussed for various forms of wine-production firms, depending on the output market, production structure, and forms of competition. Students will be exposed to a review of the various financial products (shares, bonds, and securities) focussing on the difference between market and subjective valuations. Rural estate appraisal concepts will also be covered, such as market value and its determinants, change value and substitute value.


------------------------ MM: INVESTMENT ANALYSIS AND APPRAISAL IN THE WINE BUSINESS ------------------------ 1. Introduction to the course content and its organisation. History and evolution of the discipline, foundation concepts and links to economics. 2. Introduction to basic elements of financial mathematics and their use in computing the discount and preset value of future income and values., 3. Differences between savings and investments, with examples from the wine business. 4. Handling of flows in costs and revenues, intermediate time accumulations, initial and final accumulations (present value), reintegration rates, annuities and poli-annuities (limited and illimited). 5. Determinants of interest rates, real and nominal rates. 6. Uncertainty in investment plans and its formal representation with subjective and objective probabilities. 7. Identification and valuation of the returns to investments, labour saving technologies. 8. Vineyard investment analysis: temporal distributions of costs and revenues, optimal age of vineyard substitution. 9. Investment analysis for wine ageing and bottling. 10. Investment criteria from different perspectives: financial, social and familiar. 11. Investment portfolio management, objective and subjective valuation of financial products. 12. Risk management via private and publicly subsidised hail insurance. 13. Group task: risk simulation with and without subjective probabilities. 14. Market value of vineyard and vertically integrated wine making facilities. 15. Investment analysis on reputation of single firm and of collective district of production. 16. International case studies. 17. Computation practicals with R (via R-Studio & R-Markdown) and MS-Excel ------------------------ MM: FINANCIAL STATEMENT ANALYSIS AND PLANNING ------------------------ 1. Financial and Managerial Accounting + stakeholder perspective 2. Analyzing and Recording Business Transactions 3. Adjusting the Accounts 4. Foundations of Financial Reporting 5. Inventory and depreciation 6. IAS 41 – the accounting treatment for biological assets 7. Income Statement 8. Financial statement analysis 9. Sources of Finance 10. Managerial Accounting and Cost Concepts 11. Activity-Based Costing 12. Costing Systems: Job Order Costing 13. Measuring Sustainability in wineries

Examination Methods

Students will be assessed on the basis of their contribution teamwork, participation during the class debates and with a final written and possibly oral exam.


Reference texts
Author Title Publishing house Year ISBN Notes
Katherine L. Christ, Roger L. Burritt Critical environmental concerns in wine production: an integrative review Journal of cleaner production 2013

Type D and Type F activities

Academic year:

Modules not yet included

Career prospects

Module/Programme news

News for students

There you will find information, resources and services useful during your time at the University (Student’s exam record, your study plan on ESSE3, Distance Learning courses, university email account, office forms, administrative procedures, etc.). You can log into MyUnivr with your GIA login details.

Double degree

The University of Verona, through a network of agreements with foreign universities, offers international courses that enable students to gain a Double/Joint degree at the time of graduation. Indeed, students enrolled in a Double/Joint degree programme will be able to obtain both the degree of the University of Verona and the degree issued by the Partner University abroad - where they are expected to attend part of the programme -, in the time it normally takes to gain a common Master’s degree. The institutions concerned shall ensure that both degrees are recognised in the two countries.

Places on these programmes are limited, and admissions and any applicable grants are subject to applicants being selected in a specific Call for applications.

The latest Call for applications for Double/Joint Degrees at the University of Verona is available now!

Linguistic training CLA


Further services

I servizi e le attività di orientamento sono pensati per fornire alle future matricole gli strumenti e le informazioni che consentano loro di compiere una scelta consapevole del corso di studi universitario.