Course Topics
The course is divided into 5 modules: - TM1. Introduction to family business - TM2. Dynamics of family business - TM3. Governance in family business - TM4. Management in family business - TM5. Succession in family business

Teaching format
Frontal lectures, group discussions, case study analysis.

Educational objectives
ILO (Intended Learning Outcomes) ILO 1 – Knowledge and Understanding: ILO 1.1 Knowledge of economic and business models and tools for managing companies, whether family-owned or small-sized, as well as internationally oriented enterprises ILO 1.2 Understanding the design and management of institutional and organisational structures related to corporate governance systems ILO 1.3 Knowledge of business tools and processes developed to recognise, understand, and guide change and to manage the impact of transitions on the organisation ILO 2 – Applying Knowledge and Understanding: ILO 2.1 Ability to engage in dialogue and interact with heads of the various functional areas of the company, with financial markets, and with experts in corporate and tax law ILO 3 – Making Judgements: ILO 3.1 Ability to apply acquired knowledge to make managerial and operational decisions and to solve problems related to administration and finance in companies, intermediaries, and financial markets, while jointly considering multiple analytical perspectives, from economic to legal, financial, strategic, and managerial ILO 3.2 Ability to select data and use appropriate information to describe a problem concerning the management of companies, intermediaries, and financial markets ILO 4 – Communication Skills: ILO 4 Ability to communicate effectively, both orally and in writing, the specialised content of individual disciplines, using different registers depending on the audience and the communicative and educational purposes, and to assess the educational impact of such communication. ILO 5 – Learning Skills: ILO 5.1 Ability to develop general models based on the phenomena studied

Assessment
- Individual written exam: it consists of open and closed questions based on the theory. (ILOs: 1, 2, 3, 4) - In-class active participation: during the theoretical lectures, students are invited to participate in group activities (e.g., discussions, role play, brief case study analyses). (ILOs: 1, 2, 3, 4) - Group case study analysis: students participate in the Ulysses Contest (https://www.ulysses-contest.eu/); during dedicated lectures, groups of students analyze a family business case study based on assigned questions and by applying the theoretical concepts previously illustrated during the theoretical lectures. (ILOs: 1, 2, 3, 4) Non-attending students have to write to the lecturer at the beginning of the course. These students are evaluated based on an individual written exam (ILOs: 1, 2, 3, 4). The written exam consists of open and closed questions, as in the case of attending students, but goes deeper in testing non-attending students’ knowledge.

Evaluation criteria
Attending students - 60% Individual written exam It is relevant: quality and clarity of answers based on the knowledge provided during lectures, ability to summarize, evaluate, and establish relationships between topics, and ability to critically analyze family business management. - 40% Group case study analysis It is relevant: quality and clarity of answers, ability to apply theoretical concepts to analyze case studies, participation in group work, and quality and clarity of presentations. - 0-3 extra points In-class active participation It is relevant: participation in in-class discussions, proactiveness during discussions, and quality and clarity of answers. Non-attending students - 100% Individual written exam