Riccardo Silvi, Professor of Business Economics | BBS

Riccardo
Silvi


Silvi
Italy Full Professor of Business Economics University of Bologna Core Faculty
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BIO

Riccardo Silvi is Full Professor at the University of Bologna where he teaches Performance Measurement Systems, Cost Management, Business Performance Analytics. He is Scientific Director of the Master in Business Administration, Finance and Control at Bologna Alma Business School.
His main research interests include management control, strategic cost management, performance management and business modeling, on which he has a number of publications in reviews such as: European Accounting Review, International Journal of Productivity and Performance Management, Cost Management, Advances in Management Accounting, Journal of Corporate Accounting and Finance and the Journal of Operations Management.

COURSES

This course aims at:

  1. helping students to further develop a thorough understanding of corporate external and internal reporting practices;
  2. providing students with tools to use financial statement information in analysing a firm’s performance and financial position;
  3. providing students with tools to use cost and segment information in operational and strategic decision making contexts.

On completion of the course, students should:

  1. be familiar with the technical terminology used in accounting;
  2. be able to asses a company’s financial and operating performance using its financial statements;
  3. be able to critically analyse a company’s financial report;
  4. understand the features and organizational implication of a company’s information and performance management system.
Design, Fashion and Luxury Goods
Food and Wine
Supercars, Superbikes and Motorsports
Automation and Robotics
Green Energy and Sustainable Businesses

CORE COURSE – The course aims to provide the basic skills necessary to: understand the economic-financial aspects of management; analyze the economic-financial performance of a company; utilize cost information to analyze efficiency and efficacy of company processes; manage costs during the project phases; and understand the role of budgeting control as a guiding operational mechanism for complex organizations.

Technology and Innovation

CORE COURSE – The use of economic and financial information to manage competitive advantage. Models for the analysis of economic and financial performance. Parameters for the valuation of the profitability of a company. Financial sustainability for the tax performance of a company. Strategic sustainability of a company’s performance. Economic and financial benchmarking. Budget analysis for the management of vendor client relations. Strategic control systems and performance monitoring (Balanced Scorecard). Simulation techniques for economic and financial performance. Performance management.

Executive MBA

The course is designed in order to give the participants the tools to carry out their final project work. Participants will be divided into groups.

With a data driven approach, at the end of this module, participants should be able to identify a business idea, to turn it into a business opportunity, presenting a value proposition, eventually creating the adequate business model to meet both business and organizational needs.

Specifically, starting from the definition of success, the course aims at providing the knowledge for enabling the appropriate management strategy to define deliverables and planning activities, foreseeing the resources needed to achieve project objectives.

International Executive MBA

This course provides the relevant knowledge for comprehending and managing a business financial performance. Specifically, it focuses on the measuring and understanding of financial and value creation ratio, on cost analysis for business decision making on performance measurement systems for supporting implementation and monitoring of business strategy. The course finally provides an analytical perspective of business analysis.

International Executive MBA

The workshop aims to illustrate the main tools used for the analysis of a company’s financial statements by way of reclassified ones and indexes.

MBA Part-time (Evening)

Accounting principles, consolidated statements and cost accounting. Context and relevance of auditing in company management. The analysis of economic-financial performance of a company. Economic-financial forecasts and budgeting. The use of budget analysis to understand competitive dynamics and to manage company-client-supplier relations. The calculation and analysis of costs in decisions and for management audit. Strategic audit systems and strategic cost management.

MBA Part-Time (Weekend)

At the end of the classroom phase, students experiment with business analytics within a company setting – to support the performance management processes. Phases:

Understand the big picture and design the company’s business map
Defining the company’s business performance model
Analysis of the results of previous mapping activities
Identifying key questions (KSF) and, as a consequence, the company data needs
Analyzing data availability and sources: internal  (company ICT, Internet of Things, Digital and Social) vs. external data (Social and Digital open data); current vs. potential
Providing information structure and design of analytical methods and tools:
Descriptive (What happened? What’s happening?)
Exploratory (Why did this happen? Why is this happening?)
Predictive (What will happen?)
Prescriptive (How to optimize?)
Supporting the company  in the analysis of results and in the definitions of its business plan

Data Science