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. 2021/2022

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..

Definition of lesson periods
Period From To
primo semestre (lauree magistrali) Oct 4, 2021 Dec 17, 2021
secondo semestre (lauree magistrali) Feb 21, 2022 May 13, 2022
Exam sessions
Session From To
sessione invernale Jan 10, 2022 Feb 18, 2022
sessione estiva May 23, 2022 Jul 1, 2022
sessione autunnale Aug 22, 2022 Sep 23, 2022
Degree sessions
Session From To
sessione autunnale (validità a.a. 2020/2021) Dec 6, 2021 Dec 10, 2021
sessione invernale (validità a.a. 2020/2021) Apr 6, 2022 Apr 8, 2022
sessione estiva (validità a.a. 2021/2022) Sep 5, 2022 Sep 6, 2022

Exam calendar

Exam dates and rounds are managed by the relevant Economics 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


Andreoli Francesco 045 802 8102

Brunetti Federico 045 802 8494

Cantele Silvia 045 802 8220 (VR) - 0444 393943 (VI)

Cobelli Nicola 0458028295

Fiorentini Riccardo 0444 393934 (VI) - 045 802 8335(VR)

Florio Cristina 045 802 8296

Fratea Caterina 045 802 8858

Furno Mario

Mancini Cecilia

Minozzo Marco 045 802 8234

Quercia Simone 045 802 8237

Ricciuti Roberto 0458028417

Roffia Paolo 045 802 8012

Rossi Francesca 045 802 8098

Rossignoli Francesca 0444 393941 (Ufficio Vicenza) 0458028261 (Ufficio Verona)

Russo Ivan 045 802 8161 (VR)

Signori Paola 0444 393942 (VI) 045 802 8492 (VR)

Stacchezzini Riccardo 045 802 8186

Vannucci Virginia

Zago Angelo 045 802 8414

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.

Modules Credits TAF SSD
Between the years: 1°- 2°
Further language skills
Between the years: 1°- 2°

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



Cecilia Mancini



Scientific Disciplinary Sector (SSD)



English en


primo semestre (lauree magistrali) dal Oct 4, 2021 al Dec 17, 2021.

Learning outcomes

The course aims at providing the student with tools for the financial portfolio managing of companies operating in international markets. In particular the course will focus on: some basic concepts of the financial markets and specific features characterizing the international markets; some mathematical tools for capturing crucial relations among different financial instruments, with applications to risk hedging and to investments planning; some software tools for supporting the decision process. At the end of the course, the student should have to be aware of concepts which are fundamental for companies investing or seeking funding on international markets. For example she should have understood: the relationships between interest rates and exchange rates; the functioning of some derivatives on such rates; the types of risk inherent in domestic and foreign bonds and in the evaluation and management of an international company. Furthermore, the student should have to be able to apply principles and criteria, and to use mathematical and software tools for the assessment and the choice of financial opportunities.



0.Exchange rates
1. Interest rates:
term structures of spot interest rates: [Notes, Luendberger]
no arbitrage valuation [Notes]
value of a MNC
forward rates [Notes]
interest rate swaps [Notes, Hull]
2. Currency risk:
exchange rates determinants [Madura, ch. 4]
currency derivatives [Madura, ch. 5, Notes]
forwards contracts and interest rate parity [Madura, ch. 5, Notes]
exchange rates forecasting [Madura, ch. 9]
stock options and currency options [Madura]
currency swaps [Hull, 6.1, 6.3, 6.4, 6.5, 6.6]
hedging currency risk examples [Madura ch 11]

USEFUL MATERIAL on the moodle page of the course: notes of the lessons, exercises

1) A good knowledge of the basic tools of the mathematical analysis and analytic geometry (limits / continuity / derivatives / integrals / plots, straight lines, slope, intercept),
ability to solve simple equations / inequalities
2) A good knowledge of the basic tools in statistics (random variables, probability distributions, expectation / moments).
3) A good working knowledge of basic financial mathematics (interest rate of a simple financial operation, internal rate of return, basis of an interest rate, equivalent rate in another basis, simple/compounded capitalization regimes, zero coupon bonds, coupon bonds, shares of a firm)

PREPARATORY COURSES: Mathematics, Financial Mathematics

SKILLS NECESSARY for successful learning: willingness and ability to conduct logical reasoning in a rigorous way, and to motivate each step and the conclusions



Visualizza la bibliografia con Leganto, strumento che il Sistema Bibliotecario mette a disposizione per recuperare i testi in programma d'esame in modo semplice e innovativo.

Examination Methods

The exam consists of a series of 3 quizzes assigned during the course and a written test after the end of the course. The quizzes grade gives a bonus which can reach 3 points and is added to the mark of the written test. Also an oral examination could be compulsory, in case the teacher needs for specific insights. Requests for further questions to increase the score are not accepted.

The written test and the quizzes contain both practical exercises and theoretical questions. Each quiz will focus on a specific part of the program, while the written test covers the whole program of the course. During the carrying out of the quizzes and the written test it is not allowed to use notes or other didactic material.

The exam is passed if the final overall assessment is at least 18/30.

Characteristics of the expected performance. The student is required to demonstrate a critical and in-depth knowledge of the topics covered in the course. The concepts must not be exposed mechanically but in a reasoned way, the student is expected to be able to recognize when the use of a formula obtained for a basic case is not appropriate. Connections among different parts of the program may be required and advanced level exercises (marginally) can be proposed.

The concise but comprehensive exposure, the rigor, the direct pointing towards the core of the matter will be particularly appreciated. Vague, inaccurate, poorly justified or incorrect answers will be penalized

Students not attending the lectures: the examination methods are not differentiated between attending and non-attending students. Given the opportunity to follow the lessons even remotely, it is strongly recommended to view all the recordings that will be placed on the moodle page of the course

Further details about the exam will be provided on the course moodle page.

Type D and Type F activities

1° periodo lezioni (1A) From 9/16/21 To 10/30/21
years Modules TAF Teacher
1° 2° The fashion lab (1 ECTS) D Caterina Fratea (Coordinatore)
1° 2° The fashion lab (2 ECTS) D Caterina Fratea (Coordinatore)
1° 2° The fashion lab (3 ECTS) D Caterina Fratea (Coordinatore)
primo semestre (lauree) From 9/20/21 To 1/14/22
years Modules TAF Teacher
1° 2° Marketing plan D Virginia Vannucci (Coordinatore)
1° 2° Soft skills Coaching Days (Esu 4 job) - 2021/2022 D Paola Signori (Coordinatore)
Periodo generico From 10/1/21 To 5/31/22
years Modules TAF Teacher
1° 2° Internationalization and Sustainability. Friends or Enemies? D Angelo Zago (Coordinatore)
1° 2° Internationalization and Sustainability. Friends or Enemies? D Angelo Zago (Coordinatore)
1° 2° Internationalization and Sustainability. Friends or Enemies? D Angelo Zago (Coordinatore)
1° 2° Data Analysis Laboratory with R (Vicenza) D Marco Minozzo (Coordinatore)
1° 2° Data Visualization Laboratory D Marco Minozzo (Coordinatore)
1° 2° Python Laboratory D Marco Minozzo (Coordinatore)
1° 2° Data Science Laboratory with SAP D Marco Minozzo (Coordinatore)
1° 2° Advanced Excel Laboratory (Vicenza) D Marco Minozzo (Coordinatore)
1° 2° Excel Laboratory (Vicenza) D Marco Minozzo (Coordinatore)
1° 2° Programming in Matlab D Marco Minozzo (Coordinatore)
1° 2° Programming in SAS D Marco Minozzo (Coordinatore)
1° 2° Samsung Innovation Camp D Marco Minozzo (Coordinatore)
primo semestre (lauree magistrali) From 10/4/21 To 12/17/21
years Modules TAF Teacher
1° 2° An introduction to multivariate statistical analysis using R - 2021/2022 D Francesca Rossi (Coordinatore)
1° 2° Business & Predictive Analytics for International Firms (with Excel Applications) - 2021/2022 D Angelo Zago (Coordinatore)
1° 2° What paradigms beyond the pandemic? Individual vs. Society, Private vs. Public D Federico Brunetti (Coordinatore)
1° 2° English for business and economics F Angelo Zago
1° 2° Integrated Financial Planning D Riccardo Stacchezzini (Coordinatore)
Modules borrowed from the Faculty of Scienze matematiche fisiche e naturali
1° periodo lezioni (1B) From 11/5/21 To 12/16/21
years Modules TAF Teacher
1° 2° The fashion lab (1 ECTS) D Caterina Fratea (Coordinatore)
1° 2° The fashion lab (2 ECTS) D Caterina Fratea (Coordinatore)
1° 2° The fashion lab (3 ECTS) D Caterina Fratea (Coordinatore)
List of courses with unassigned period
years Modules TAF Teacher
1° 2° How to Enter in a Foreign Market. Theory and Applications - 2021/2022 D Angelo Zago (Coordinatore)

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

To contribute to the internationalization of the experience of students enrolled in the MSc in IEB, Double Degree agreements have been activated with the University of Bordeaux (FR) and with the University of Bamberg (D). Each agreement provides for the participation of a maximum of five students, therefore a total of (maximum) ten students can benefit from the experience.

Students selected for the Double Degree program with Bordeaux will spend the first semester of the second year at the partner university, during which they will participate in the Master Mention “Economie Internationale” - Parcours “Economie, banque et finance internationales”. Students will attend the  following courses in France (on the right the equivalent courses of the MSc in IEB):
Import/Export Techniques 8ECTS <---> International business law 9CFU
Growth and Development 7ECTS <---> International trade and economic development 9CFU 
International Trade and FDI 8ECTS <---> Export decisions, FDI, and global value chains 9CFU 
Strategic Analysis and Applications 7ECTS <---> Stage 3CFU 

Students selected for the Double Degree program with Bamberg, on the other hand, will participate in the Master of Science in European Economic Studies program, where they will attend the following courses:
- One course to be chosen in the MAEES1 Methods and Fundamentals module group:
Modul MAEES1.1 Advanced Microeconomics 6 ECTS
Modul MAEES1.2 Advanced Macroeconomics 6 ECTS
- Three courses (18 ECTS) with modules of the module groups MAEES Specialisation (of 6 ECTS each):
MAEES3 Internationale Wirtschaft (International Economics)
MAEES4 Empirische Mikroökonomik (Empirical Microeconomics)
MAEES5 Finanzwissenschaft (Public Economics)
MAEES7 Wirtschaftstheorie (Economic Theory)
MAEES8 Angewandte Wirtschaftsforschung (Applied Economic Research)
- 12 ECTS among the following Foreign Business Languages at master level:
German (for not German native speakers)
Business English
Business French
Business Italian (for not Italian native speakers)
Business Spanish
Business Russian
- 24 ECTS for thesis completion.

Requirements and selection procedure
Students regularly enrolled in the first year of the MSc in IEB can be admitted to the Double Degree programs. The call for applications will be published around September 2021 or later in the University web page on double degrees. The choice of students to be admitted is made during the first semester of the first year, through a multi-stage process:
- a selection of students based on the results achieved in their bachelor degree, on their CV and on a motivational interview. Following this selection, the ranking of students "admitted under condition" will be published;
- an ongoing confirmation of the above ranking, based on the academic achievement of the students in the first part of their studies at the University of Verona. Specifically, are confirmed the students "admitted under condition" which - at the end of the first semester of the first year - have achieved a weighted average score and a number of credits not lower than the average of the cohort of students enrolled in the first year (in the case of students’ transfers and career shortening, only the recognized exams for the first semester of the first year are taken into consideration).
The ranking of selected and confirmed students will be unique and the choice of destination - Bamberg or Bordeaux - will be made starting with the first classified student, then the second and so on.
Finally, the students selected and confirmed will participate in the call to obtain the Erasmus scholarships reserved for the assigned location.

The information on this site may be subject to changes during construction. Please consult the site for any updates.

Gestione carriere

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.