Student Report Name of the University: Bocconi Exchange semester: Fall 2014 I. PRACTICAL INFORMATION Before leaving Norway We received information from Bocconi before departure, mainly concerning student housing, course selection, login to your student page (similar to @bi / itslearning), and information meetings. The information was given through emails. The information was sufficient to choose and enrol in courses, and when we should arrive at the university. Applying for a visa Visa is not needed for Norwegian citizens travelling to Italy. Travel We travelled to Milan by plane. There are three airports near Milan; Linate, Bergamo and Malpensa. Linate is closest to the university, as it is located just outside of Milan. However, the bus-ride from Bergamo and Malpensa is only around 1 hour long (to Milan), and costs about 10 euros. Housing Bocconi offers student housing close to the university. Although this is somewhat cheaper than renting an apartment on ones own, you are not allowed to have visitors during the night. So, if you are planning to have visitors while staying in Milan, they will have to stay at a hotel. As we were expecting visitors from Norway, we chose to rent an apartment on our own. However, as most require that you live in the apartment for 1-4 years, this process was quite difficult. They also require rather deposits, which are handled in a less formal way than in Norway, thereby providing little security for the tenants. Also, rental activities are performed by agents, which require a fee, making the rental process more expensive. After talking to other exchange students at the university, we discovered that many rented apartments through AirBnB, thereby avoiding the deposit and agent fee. Also, many found accommodation through facebook groups for international students / Erasmus students, that frequently post available rooms/apartments. We therefore recommend others studying at Bocconi to rent through AirBnB, or finding it through facebook. Costs Rent Books Food Transport Gym 6000 NOK 2000 NOK 3000 NOK 300-400 NOK for monthly for public transportation (metro card) 620 NOK Culture and language The culture in Milan is very distinctive in its way and is something we really appreciated. It is not enough just to drop by in Milan for a weekend; rather you have to stay there for a while to get a feel for the Milanese culture. You should not be unfamiliar to the thought of eating Pizza and pasta if you want to live in Milan. But of course, there are other options as well, such as the famous concept called Aperitivo, where you pay for the drink, but you eat as much as you like for free. Even though, eating is a big part of the culture in Milan, especially in areas such as Navigli and Brera, Milan does also offer a great variation in nightlife. Posh clubs are easiest to find, but you could also find more laidback clubs and bars. I think most exchange students in Milan agree on that they got closer to other exchange students than local Italian students. A good way of getting closer to the Italian culture is to try to share apartment with Italians rather than staying at the Bocconi residents or with other exchange students. When it comes to the language, we found that the ordinary man on the street do not speak very well English. A little bit of pre-knowledge on Italian could always help, but there is no problem in getting around even if you don’t learn Italian. In prior to our arrival we were offered to sign up for both an Italian crash course and a follow-up course consisting of in total 70 hours of Italian lessons. If learning languages is a field of interest, the language course is highly recommendable. It is also a good platform to get to know other exchange students, before the ordinary classes at Bocconi started. II. ABOUT THE SCHOOL The University – Bocconi We all had very high expectations to Bocconi as it was ranked #7 in Europe. The university itself is a mix of old buildings and newer ones. The facilities at the Uni were surprisingly poor. You could for instance not scan anything, and the printing system was down the first weeks, which forced us to find external copy stores for their service. However, the library was quite good (BI is still better), offering many quiet areas as well as group areas. But remember to be there early if you need to read as it gets full very fast. Course registration We registered for courses prior to arrival, which was done at Bocconi’s website. We received instructions on how to do this by email. After the semester started we also had an add/drop period of approximately two weeks, to adjust for overlapping courses, or just to try out the courses before making our final choice. Academic calendar The academic calendar was very much similar to our home university calendar. One major difference, however was the scheduled midterms for many of the courses halfway in the semester. Those of us who had courses without midterms were able to spend these days on travelling in stead. The exam dates were adjusted for exchange students in order for us to be able to finish the semester of before we went home for Christmas. However, one could choose to come back in January/February to take the exam, or even retake exams (if one whished to improve results achieved on exams in e.g. December) Hence, a very flexible calendar. Arrival date: First day of the semester: 21st of August 4th of September Last day of classes: Examination period: 15th of December December – February (you can choose to only have exams in December) Arrival The introduction week was organized by ESN, and consisted of two weeks with dinners, aperitivos and parties. The schedule was easy to follow via their facebook page, and they also invited all Erasmus students to the different events. International office International office was helpful if we had any questions regarding the school. However, their office hours were limited and were closed for three hours during the day. At the beginning of the semester they had expanded the office hours to meet the students needs. We got a welcome guide with information about the university, service, facilities and housing. Unlike the rest of the staff working at Bocconi, the staff at the international office spoke and understood English well. Promoting We didn’t experience any kind of promoting of the University in advance. Social activities There were a lot of social activities organized by ESN. The two first week of the semester they hosted parties every day of the week, similar to “Fadderuken” at BI. They had a great mixture of activities to do, such as game nights, aperitivo, “drink all you want”-dinner, and traditional events at nightclubs. They also arranged trips such as daytrip to Lake Como, October party in Munich, weekend trip to Vienna and ski trip to the mountains. They had social activities for every one. Since all students choose different courses, we didn’t have the same class with the same students, as we are used to at BI. It is therefore recommended to participate in social activities early in the semester, as people seem to find friends quickly. The social activities arranged by ESN are a great opportunity to get to know other exchange students and get to know the city. It is also much cheaper to attend these happenings, than for instance try out the nightlife by yourself (unless you are a girl and get a lot of free drinks from intense Italian guys). III. ACADEMICS In the classroom. The classrooms were standard auditorium. They lacked of power outlets, making it difficult to charge our computers during lessons. Every lesson lasted for 90 minutes, without any break. The teaching style were usually theoretical lectures, but most also include cases and assignments. The overall workload was somewhat lower than at BI, however, this will also depend of whether one chooses to be an attending student or not. Course materials Course materials varied a lot depending on the courses. However, as a general observation, attending students had a lot of articles, which for non-attending students were replaced with books. Also, all classes used power point presentations (or similar), which were made available for the students on the school’s webpage. In general we found the course materials to be some “regular” materials that we are used to at BI, some materials that seemed more “interesting” than based on quality research, and also some that were outdated and (from a scholarly perspective) disappointing. Exams Exams also varied a lot. They could be written exams, oral exams, presentations, hand-ins, or projects, either having one or several of these in the same course. In general though, most courses had a written exam at the end, which amounted to anything from 20 to 100 % of the grade. If you chose to be non-attending, this exam would be 100% of your grade. An interesting point is that you can try to be attending, and if you fail on something you will get the option of having the written exam for 100% of the grade. If you fail this exam in December, you will get the option of retaking it again in January / February. Library and technology You can book rooms at the library, and there are some study places around. However, there are not close to as many as we are used to in BI. Also, even if you book a room, other students will ask you if they can sit with you all the time (mainly due to a lack of other places to study). Technology seems up to date. They have discovered the Internet. There are some computers available to students (never experienced not finding one available), but they are not scattered all over the school, available to anyone at any time, like at BI. Description of courses Course code & name Digital marketing and e-commerce advanced Management of fashion and luxury companies Consulting management Globalization, sustainability and technology Entrepreneurship and business planning Management of design Green marketing Global operations and supply chain management Master/ Bachelor Master Master Master Master Master Master Master Master Exam form 1 hour exam 1 hour exam 2 hour exam 2 hour exam + assignment + presentation No exam 1 hour exam 1 hour exam 2 hour exam Prerequisites None None None None Approved as Elective Elective Elective Elective None None None None Elective Elective Elective Elective Management of fashion and Luxury companies This is one of Bocconi’s flagship courses if one could say. Two of us had that as attending students and two as non-attending students. The course is very interesting if the area of highend fashion companies is of interest for you. You will learn about different famous brands and their strategies. Is could be seen as a mix of strategy courses and branding courses, where aspects like vertical and horizontal integration, brand extension, value chain and communication is investigated. We also got to a project for on behalf of L’Oreal, where we were to propose a communication and retail strategy for a lipstick brand by Yves Saint Laurent. An interesting experience, were those who wanted could get in touch with representatives from L’Oreal and discuss work opportunities. Overall, a nice course if, and this is a very big IF, you have an interest in the topic. Consulting Management Only one of us had chosen this course, so this is written as a personal opinion. I found the course very interesting due to the fact that consultancy topics have rarely been discussed in my four previous years as a student. I have to say; I was signed up as a non-attending student, meaning that I did not go to classes. I had two books assigned as reading material for the twohour exam. Some of my friends were attending the course and they told me that there were group presentations that counted for parts of the grade. They also reported that it was a workload that was far too much and did not reflect the grading system. However, I would definitely recommend this course as it gave me valuable and interesting insight in how consultant companies function in terms of marketing, organizational structure, hiring and promotion structure etc. Globalization, Sustainability and Technology The class consisted of a small group of highly interested and dedicated students. Learned a lot about rules and regulations around environmental issues, some microeconomics concerning subsidies, taxes and deadweight-losses. All students did a presentation and a hand-in (with the same subject as the presentation) around any subject they would like, as long as it was connected to the course. I discussed electric vehicles and their expansion in Norway, which yielded a very good grade. Entrepreneurship and Business Planning (E-learning) We took this course through e-learning, and the exam was a final paper (with a presentation of the paper). This meant that there were only 2 lectures (which were online), and that we could organize the work ourselves. Very little curriculum. We did a paper about starting a rental company (of apartments) in Norway, and it yielded a very good grade. This hand-in and the presentation counted for 100% of the grade. Management of Design Only one of us had chosen this course, so this is written as a personal opinion. I was signed up as a non-attending student, meaning that I did not go to classes, and needed to learn the course material by self-study. The readings for the exam was based on academic articles and case studies. The final grad was based on one individual written exam. I found the course difficult to get a hold of at first, but after studying the course material I found it quite interesting after all. I got a deeper understanding of how business companies can take advantage of design and learn how different types of design consultancies are structured and operated. I also understood the potential contribution of design and designers to value creation and a company’s competitive advantage. I actually found the course interesting, as the case studies made it easier to relate the theory to practical examples in real life. Green Marketing We were two students from BI choosing this course, and since it overlapped with our other course “Management of fashion and luxury companies”, we had to be non-attending students. In the course you get to learn about the new green marketing paradigm and its impact on the market; new customer behaviour, the green Web, strategies for product innovation. Further, we learned about the green marketing manifesto, the cradle-to-cradle theory and practice. The textbooks consisted of many cases and discussion regarding fundamental theoretical principles. Attending students and non-attending students had different readings for the exam. The reading materials for non-attending students consisted of three books and one Individual written exam (with open questions and multiple-choice questions). We did not feel that the exam reflected what we had read in the textbooks. Some of the multiple questions were very specific, where you needed to know the full definition by heart. I strongly recommend being an attending student at this course, due to the odd and strange exam for non-attending students. Global operations and supply chain management Only one of us participated in this course, as a non-attending student. The course was quite rewarding if one is interested in logistics and supply chain management in a global context. There were no textbooks, only articles and slides. Some topics were quite hard to understand as a non-attending student, so it may be better to take this course as an attending student. The academic level was similar to that of BI. The lecturers did not provide much information through the online platform, but they could be reached through email. The exam was quite difficult, mostly because the questions were poorly formulated, so it was hard to understand which topic they were addressing. Digital marketing and e-commerce advanced All of us had this course starting as attending students, but after some consideration we all chose to take this course as non-attending students. The main reason for this was that the course was not very rewarding. Most of the topics were covered in the 1st year bachelor course “Marketing” at BI. Thus, the course was quite easy, but it was also very repetitive and not very interesting. Some of the course material was outdated, and was much less practical than we had hoped. As a non-attending student, we only had an one hour exam. On a final note, to sum up the experience Academically, Bocconi was disappointing. The school is very highly ranked, but we suspect this is due to its efforts within finance or other branches. In the marketing department, we found the quality, knowledge and research to be relatively low. Culturally, Italy was a very different world from Norway. People show up late and deadlines are not so important. The meals are consumed in very strict time-spans (in fact, almost all restaurants are closed between 3 pm and 7 pm). A very interesting culture to visit, although I think we all preferred the Norwegian one. South of Italy is also supposed to be very different from Milan, but unfortunately we did not get the time to go there. Socially, Bocconi is an enormous campus, with thousands of students. This might make it harder to meet people, as classes are large and not that personal. However, there are plenty of events for exchange students, and lots of group work or other situations where you’ll meet new people from different cultures. Taking the Italian course, and also attending all the events of the welcome weeks, are highly recommended. You’ll meet a thousand people to enjoy your exchange with. As for future career possibilities, there were a few things happening, one event with company stands at the school, some companies visiting classes, lecturing, arranging competitions among students, etc.