Master Economics and Management in Arts, Culture, Media and Entertainment

Università Commerciale Luigi Bocconi

Application deadline: 2 March; 15 June
Tuition fee:
  • € 11,500 / Year (EEA)
  • € 11,500 / Year (Non-EEA)
Start date: September  2015
Credits (ECTS): 120 ECTS
Duration full-time: 24 months
Languages:
  • English
Location:
Delivery mode: On Campus
Educational variant: Full-time
More information: Go to university website

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Description

This Master of Science program relies on three main assets: Bocconi’s international reputation for research and teaching in economics, management and law; Milan, with its economic vitality and vibrant creativity; and Italy, with its artistic and cultural tradition.

These elements represent the ideal setting for preparing students to build an international career as managers or entrepreneurs in fields commonly referred to as the creative industries, including the visual arts, the performing arts, cinema, the media, publishing, entertainment, tourism, fashion, design and luxury.

The program aims to train entrepreneurs, managers (both in the private and public sectors) and professionals able to integrate the use of economic and management techniques and tools with the understanding of the specific dynamics and complexities of the creative industries.

Learning Objectives

The Master of Science in Economics and Management in Arts, Culture, Media and Entertainment has the following educational objectives:

  • provide a business preparation (management control, planning management, marketing, government and strategy) taking into account the different business functions in order to work in the areas of contemporary arts, cultural heritage, media, tourism, show business and fashion; and to understand the evolution in the arts and culture;
  • provide a unitary understanding in the various sectors of arts, culture, the media and entertainment, especially in the choice of strategy, governance and economic character of companies belonging to the same field;
  • complete the business and juridical studies providing competences in subjects as economics and quantitative and juridical, so as to develop interdisciplinary problem analysis skills;
  • develop competences via educational activities inside and outside the classroom which promote student-teacher interaction and interaction between the students themselves as well as complex problem analysis and problem solving skills, ability to present and discuss the results of one’s work;
  • promote competence (in the business area) in the use of English and of a second EU language to work effectively and efficiently in one’s profession.

Career Opportunities

Graduates are typically offered career opportunities in the following specialized sectors: cultural heritage and the arts market; media (television, cinema, radio, traditional publishing and multimedia, the music industry); communication; editing and media; live entertainment; tourism; fashion and design.

Typical professional profiles within these sectors include the following:

  • Entrepreneurs, freelance professionals, consultants in the fields of cultural heritage, communication, live entertainment, media and fashion
  • Managers in communication, radio, television and cinema, publishing and new media, fashion, entertainment and live performance companies
  • Managers at cultural, museums, archiving, archaeological and tourism foundations and institutions
  • Consultants and experts in the evaluation and care of artistic and cultural heritage
  • Program schedule managers in communication companies
  • Royalty managers
  • Internal and external communication managers
  • Organizers of entertainment and festivals
  • Experts on cultural tourism
  • Experts on consortium activities (arts, culture, sport and communication)
  • Planners and developers of theme parks

Contents

Program Structure

The program is structured in in two different blocks: core requirements and majors.

In the first block student will develop advanced knowledge and competencies in the areas of intellectual property rights, data analysis, strategic management and corporate governance, comparative cultural policies and fundraising, project and event management, consumer relationship management and cultural mediation, performance management and evaluation,

In the second block, the student will choose one of the following major including compulsory and elective courses and workshops which aim at better defining and specializing students’ skills and professional orientation in different fields and subsector in the creative economy:

  • • Arts Markets, Heritage and Culture;
  • • Cities, Tourism and Events;
  • • Fashion and Design;
  • • Media;
  • • Performing Arts and Enterteinment.

Students choose a foreign language which is different from the program instruction language and from their native language. In classes taught in English, in order to get the language credits required for the degree, international students must study Italian plus another European language to be chosen from among French, German, Spanish, Portuguese or also English. Native Italian speakers must study two other European languages.

Please note that the course requirements may be subject to change.

Program Structure

First year

Semester I

  • Management of cultural industries and institutions - module I (strategy and governance)
  • Project and event management
  • Quantitative methods for management
  • Performance measurement
  • Advanced intellectual property law
Semester II
  • Cultural mediation
  • Marketing and CRM
  • Management of cultural industries and institutions - module II (comparative cultural public policies and fundraising)
  • Major’s workshop I
  • First foreign language (lessons only)
  • Second foreign language (lessons only)
Total credit points of the first yearSecond year
  • Major’s workshop II
  • Major’s workshop III
  • First foreign language (lessons + exam 1st semester 2nd year)
  • Two elective courses*
  • Second foreign language (lessons + exam 1st semester 2nd year)
  • Internship or similar activities
  • Thesis
Total credit points - 120

*The 2 elective courses can be selected from among all the elective courses of the Bocconi Master of Science programs

Requirements

Applicants can enter the selection process if they acquire/have acquired a valid and recognized 1st cycle qualification (Undergraduate level) by October 2015 (or in any case by the first graduation session after the summer break).

The categories of applicants vary depending on the location of the University.
In details, there are three different types of applicants:

INTERNATIONAL APPLICANTS

Graduates and final-year undergraduate students from universities abroad are considered International applicants.

Preferential consideration is given to applicants whose undergraduate work is still underway or was concluded less than two years prior to the moment of application. Applicants with other profiles are considered subsequently.

BOCCONI APPLICANTS

Bocconi Graduates and final-year undergraduate students are considered Bocconi Applicants.

For Bocconi applicants, no checks are required regarding clearing additional educational debits as they originate from Università Bocconi’s Economics department and admissions deems elements for verification to include meeting the curricular requirements and suitability of personal background. Approximately 65% of the total available spots are made available to Bocconi applicants and, in particular, up a maximum of 60% of available spots in the “early session”.

In corso” applicants enrolled in their third year of the 2014-2015 a.y. can participate in the Early Session (for the purposes of admissions, students are in corso if they enrolled for their first time in the university system – at Università Bocconi or another university – in the 2012-2013 a.y.) who have acquired at least 110 educational credits (out of those in the program structure for the first and second year of the program) by 31 July 2014, with a weighted average of at least 28/30.

Applicants who have acquired at least 110 credits (exams, internships and idoneità/tests are evaluated) can participate in the Student Career Session by the April 2015.

ITALIAN APPLICANTS

Graduates and final-year undergraduate students from other Italian universities (not Bocconi) are considered Italian applicants. Please visit theItalian website for more information and verify there the application deadlines for Italian applicants.

We specify that:

  • Only for English-language class groups, up to 30% of places available are reserved for applicants of non-Italian citizenship (regardless of where they completed their undergraduate studies)
  • Students enrolled in a Double Degree program should participate in admissions according to the first University of enrollment. For example: students enrolled in a Russian University for a Double Degree program with an Italian University should participate in the admissions process as an INTERNATIONAL Applicant
  • Graduate or transfer applicantsfrom other foreign or Italian MSc Programs may participate in any session of the selection process according to the applicants' category. After the admission they must follow specific criteria in order to ask for the recognition of credits/exams already passed.

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