Finance, Control and Auditing


The Master in Finance, Control and Auditing aims to equip companies with a system of control of economic performance and sustainability and a strategic management of the financial area, levers now essential to orient the business towards more informed choices in a global scenario of growing competition.

An effective measurement of economic performance and sustainability is based on the collection and analysis of all the internal activities of an organization, through revision methodologies and the use of information technology. To the mapping of business processes, the course complements the design techniques of planning systems and cost analysis, necessary to allow sustainable growth in the long term.

A transversal and in-depth vision of the business world is provided, as well as of the auditing (auditing) and consultancy activities carried out by external companies in favour of companies. This constitutes a competitive advantage to undertake with equal preparation the career of the auditor, controller or consultant, both in the economic-financial and sustainability fields.

The Master in Finance, Control and Auditing is aimed at young graduates who want to face the challenges of a dynamic and growing environment, equipping them with a mix of managerial skills and hard skills in great demand, as well as the ability to establish relationships of trust with the whole enterprise and the work team. The course is structured in two cycles of lessons and 600 hours of final internship, for 12 months. The sessions in the classroom provide different learning methodologies, in order to alternate the core courses with practical and preparatory activities to the insertion in the world of work.

Businesses are seeking strategic partners to entrust them with their economic growth: get in touch with the course program manager to start this journey together.   



Programme Advisory Committee:

  • Alberto Guerzoni – Partner, Deloitte & Touche
  • Livio Mezzetti – Partner, BDO Italia
  • Luca Moroni – CFO, Gruppo Hera
  • Alberto Rosa – Partner, Ernst&Young
  • Roberto Sollevanti – Partner, PricewaterhouseCoopers
  • Massimo Tamburini – Partner, KPMG
  • Matteo Tigretti – CFO, Marini-Fayat Group
  • Luca Vincenzi – Tax Adviser, Ernst&Young



Bologna Business School is EQUIS – EFMD Quality Improvement System accredited, one of the most important international quality assessment and continuous improvement systems for Schools of Management and Business Administration.

Marco Maria Mattei

Marco Maria Mattei

Director of Studies

" Attending this Master will allow you to construct a professionalism of assured appeal for any type of company, thanks to the acquisition of an analytical approach to problems and tools specific to an economic-financial environment. The completeness of your profile will allow you to orient the decision makers and, while growing in the company, will allow you personally to make these crucial choices. "

CLASS PROFILE A.Y. 2022/2023


  • 25


  • 33%



The Master in Finance, Control and Auditing is a full-time program structured in 1.500 hours of learning activities over 12 months of study, divided into: 360 hours of lecturing, an estimated 540 hours of independent study, and 600 hours of internship.
The structure of the Master is divided into:

  • First term: January 2024 – April 2024
  • Second term: May 2024 – July 2024
  • Internship: September 2024 – December 2024

The first term consists in the study of fundamental subjects including lessons taught by managers and partners from auditing companies. The first term will conclude with an intense real-life business case.
During the second term there will be a more in depth study of the advanced subjects. The use of case history, company testimonials, project work and lectures will be utilized to refine and amplify our students’ expertise in understanding of the topics.



This course will tackle the following topics: detection and analysis of the internal control system, risk management. Auditing, reviewing budget reports, preforming legal checks on accounts. The methodological approach in reviewing accounts. Legal investigation of accounts for industrial and commercial companies. Fraud auditing.

Rusticali Giorgio

Corporate sustainability and the circular economy are currently among the most discussed topics internationally, also due to climate change. The aim of the course is to understand why these issues are of such importance, underlining their urgency. We will learn more about the innovation activities of operational and system processes that companies adopt to implement strategies aimed at the Circulary Economy and the transition to a low carbon business model.

Ghetti Riccardo

The evaluation of terms of convenience of investment projects. The determination of the value of a company. Understanding fiscal variables that determine the optimal financial structure. Venture capital and the principle problematic characteristics to the value of a company. 

Della Bina Antonio Carlo Francesco

The decision making process of the company and strategic positioning, the evaluation of the politics involved in each of the activities of a company. Analysis of the critical success factors in the related market, the resources and the specific competencies of a company. The process of creating value and the role of relationships with other companies within the business system. Business Plan and its deployment.

Di Marco Paolo

The concept of cost. The principle of relativism and the main information needs  about the cost calculations. The role of management accounting within the company’s accounting system. The classifications of costs. The reference objects. The stock records. The cost of labor. The cost of durable productive factors. The issue of the allocation of indirect costs. The allotment criteria. only Base, multiple basis and cost centers. The cost of product configurations. Full cost and Direct cost. The income statement “flag.” The costs to support business decisions. The break-even analisys. Defining COAN and articulation of its elaboration process. Method of keeping the COAN. The accounting for cost centers (recovery and investigation). The Activity Based Costing. Differences between the two methodologies. The target costing.

Capodaglio Alessandro
Gigli Sabrina

The course aims to introduce students to the most relevant issues (foundational and more advanced) of digital technologies, discussing the most important present and future consequences on the lives of individuals and on the structure and functioning of organizations and processes. The course consists of 5 seminars: Ai & Machine Learning, All-in Security, Cloud & Beyond, The Science of Data, Internet of Things.

Accounting, budget and analysis of costs. The evaluation and interpretation of the economic–financial performance of the company. Economic-financial analysis forecast and budget. The calculation and analysis of the costs in decision making and for management control. Management control as an operative mechanism. Systems of control and strategic cost management.

Mattei Marco Maria

Provides an overview of annual financial reports: logic; objective; postulates; evaluation and representation of items consistently with International Financial Reporting Standards (IAS-IFRSs) and Italian Accounting Standards (OICs). Coordination between the net income emerging from the income statement and the taxable income. Financial consolidated statements: objectives and rules for drafting..

Gianfelici Cristina

The course introduces the basic principles of accounting: economic information, how it is developed, how it is used. The budget and the main management control tools will be introduced to improve decision-making and problem-solving skills in a business context.

Gigli Sabrina

Evaluation of investment projects. Evaluation of international projects. Financial structure. Optimal financial structure. Instability costs. Planning debt. The politics of dividends and stock buyback. Cost of the working capital of the company. The important role of capital and corporate governance.

Baschieri Giulia
Carosi Andrea
Santini Renato

The analysis and the planning of the control systems. Monitoring systems of the multidimensional performance. Value based management. Management of costs and the techniques of cost management. Monitoring and reporting of the intellectual capital. Incentive systems. Management of costs between companies and during new project phases. Target cost management: strategic control of innovation. Customer value management and pricing techniques.

Montanari Angela
Supino Enrico

Learning approach

The educational sessions provide different learning methods, including lectures, simulations, discussions of case studies, presentations by companies, testimonies and group work.

The curriculum is complete with a series of Master Lectures given by professionals from the world of business, academia, and politics, which also provide numerous opportunities for discussion and interaction with the business world through case histories.


The integration with companies is a priority and an ever-present feature of all programs of the Bologna Business School, hence for the Master in Finance, Control and Auditing too.
The School is fully committed to creating employability, by way of a systematic career service action, constantly focused on matching at best the students’ professional projects with the needs companies have.
The internship is an exceptional springboard, suffice it to say that six months after the end of the full-time masters at Bologna Business School on average 90% of students work in a company.

The BBS Career Service assists and supports students since the very beginning, along a training and professional development path. This is accomplished by organizing a series of workshops, with the aim of providing the fundamental tools and resources to be appropriately prepared for the labor market.

To achieve this goal, students are involved in several workshops, among which we may list:

  • Writing a CV and a Cover Letter
  • How to create an effective Linkedin profile
  • How to prepare for a job interview


In addition to this, thanks to the collaboration with professional career counselors, students receive a customized service, in order to understand their strengths and to build a professional development plan, which will turn out to be helpful when looking for an internship. Here follow some of the activities:

  • Initial guidance interviews
  • Specific interviews, focused on one’s own career plan
  • Continuous support to students with one – to – one sessions

Trough the Master in Financial, Control and Auditing it is possible, once having completed in the companies the years of experience required, to become a Business Controller.



Chiara Chiessi

Controller Specialist, Gruppo Montenegro
Master in Finance, Control and Auditing (A.Y. 2020/2021)

"The Master's degree was a great challenge for me. After graduating in midwifery, I practiced the profession for 5 years in London. Surprising everyone and even a little bit myself, I decided to change my life to follow what I like most...numbers! Completing the Master's degree was far from easy, but the strong motivation, the helpfulness of the professors and the great support of my classmates helped me build and consolidate my knowledge as well as deal with the difficult moments. I am very proud to say that I achieved my professional goal."

Annalisa Panunzi

Audit Staff Accountant, KPMG
Master in Finance, Control and Auditing (A.Y. 2020/2021)

"I chose the Master course in Finance, Controlling and Auditing with the goal of consolidating my knowledge and apply it in the world of work. At the end of the course, I realized that I had achieved much more: the ability to work in a team, the opportunity to deal with professionals, the ability to manage my own time and stress, and individual growth. I am currently working as an auditor in KPMG"

Lorenzo Bruno

Senior Consultant - Finance, PwC
Master in Finance, Control and Auditing (A.Y. 2019/2020)

"Eager to get a professional specialization in Management Control and Corporate Finance, I decided to undertake this Master. In addition to providing me with all the technical skills I was looking for, this path allowed me to grow as a person, meeting great professionals and facing continuous challenges. The stimulating environment and the colleagues contributed to making the experience unique and highly educational. "

Eleonora Afflitti

Controller, Yoox Net-A-Porter Group
Master in Finance, Control and Auditing (A.Y. 2016/2017)

"I chose the Master to pursue a professional path in management control. After an internship in the Controlling team in Giuseppe Zanotti, and an experience as Junior Financial & Consolidation Controller in the e-commerce division of Kering Group, now I work as a Controller in YOOX. I never thought I could start an international career. The master in BBS was definitely my springboard."

Karim – Nicola Kane

Head of Planning, Control and Risk Management, C.C.F.S. Consorzio Cooperativo Finanziario per lo Sviluppo
Master in Finance, Control and Auditing (A.Y. 2015/2016)

"Accredited technical skills, teamwork, multidisciplinary approach and problem solving: this is what I learned from the master. A link with the job market, which provide the tools needed to face it with greater preparation and security. An investment whose benefits are not exhausted in the short term."

Mattia Matarrese

Risk Management, Gruppo Unipol
Master in Finance, Control and Auditing (A.Y. 2015/2016)

"The Master is synonymous with quality for companies. It offers you a broad stage of work and a profound and methodical preparation. In addition, the success of group work and deadlines have enabled me to acquire a high capacity in managing time and stress, which is fundamental to those who start their career path in counseling as I do."


The goal of the Career Service is also to allow students to connect with national and international companies. Over the years, Bologna Business School has managed to establish a wide-ranging network and a sound partnership with leading companies in Italy, thanks to a personalized approach, based on each company’s needs. The collaboration features the following activities:

  • Sending the CV book
  • Sharing internship and work opportunities
  • Presentations at the School premises
  • Career Day
  • Implementation of project works
  • Class-room activities with case studies presented by managers and/or HR professionals


Our partners are the foremost supporters of our students, with the provision of scholarships, internships and professional opportunities.

Bologna Business School’s  partner  companies for the Master in Finance, Control and Auditing are:



The tuition fees for the Master is 11,200 euros (VAT free) to be paid in three installments:

  • First installment: 1.500 euros
  • Second installment: 6.000 euros
  • Third installment: 3.700 euros

The fee includes participation in the Master, all the study material available through the online platform, and access to the services and facilities of Alma Bologna Business School such as: personal account for the Alma wi-fi, use of the PC in the Computer Lab, access to the study areas, access to the internal gym, special rates for the School restaurant.
Furthermore, the fee gives participants the right to take advantage of the supporting activities of the School, such as the language courses and the master lectures by invitation.
Free parking is also available within the BBS Campus.

Additionally, with the Student Card of the University of Bologna, students have access to all of the university facilities, including over 100 libraries, digital resources and study halls (including databases and online subscriptions); ); the three city center canteens and all university student related discount offers. More information are available on the site of the University of Bologna:


At Bologna Business School we understand the importance of financial aid in supporting our students to achieve their educational goals. We are aware that an advanced, high quality training path can be a significant commitment, at the same time we also truly believe that investing in one’s future always pays back.

Bologna Business School is pleased to offer partial scholarships of 3,000 euros. These scholarships are merit-based and will be awarded to the top-ranked candidates in the selection process. The students who come out on top in the selections will be students who not only come from strong academic or practical backgrounds but also those who display the strongest motivation to take part in this program. Winners you will be informed at the moment of admission.




Applying is open to anyone holding an undergraduate degree of the old and new system. The degree must be obtained on or before the enrollment deadline of the Master.
For auditors, an undergraduate degree is not necessary.
The admission to the Master is subject to the positive evaluation of the selection test in line with the number of places available. The selection process consists of one Aptitude Test prerequisites to be admitted to the motivational interview. 


This Master’s is open to all applicants with a bachelor’s degree obtained before the enrolment deadline of each round. Application steps:

1. Register on “Students Online” by connecting to the site
2. Select “First Level Master”.
3. Pay the participation fee for the selection (60 euro for each Master)
4. Upload the required documents online:

  • Curriculum Vitae
  • Motivational letter
  • Letters of reference  (optional)
  • Photograph of recognition
  • Front and back copy of a valid ID or passport
  • TOEFL, IELTS or CAMBRIDGE (optional)
  • If available, a GMAT/GRE certificate with a score above 550 (GMAT) or equivalent (GRE). Applicants uploading this certificate are exempted from the written aptitude test as part of the admission process.
  • For degrees obtained in Italy: Self-certification of Bachelor’s degree with details of exams taken and relative grades
  • For degrees obtained abroad: Dichiarazione di Valore (to be requested at the Italian Embassy in the country where the degree was obtained) or Diploma Supplement (to be requested at the university where the degree was obtained). In the event that the candidate is unable to obtain the Dichiarazione di Valore or Diploma Supplement at the time of enrollment, he/she may temporarily replace it with a Conditional Enrollment Form, which will be sent after enrollment by

For further guidance, students who obtained a bachelor’s degree abroad are encouraged to check the page below:

For information on Call for Application 2023/2024 contact us by






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