GIOVANNI PALOMBA

NOTICES TO STUDENTS

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2026/09/11: Classes of Corporate Finance will begin on 23/09/2026 and will follow the schedule below.

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INFORMATION AND FAQ
 
Acronyms
FA = Corporate Finance
FI = International Corporate Finance and Value Creation
FG = Finance Games
 
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FIRST SEMESTER 2026/27 SCHEDULE

FA, Classes, where and when

DAY             | TIME                 | CLASSROOM
Wednesday | 6:00 – 8:00 pm  | Aula Acquario
Thursday     | 6:00 – 8:00 pm  | Aula Acquario
Friday          | 4:00 – 6:00 pm  | Laboratorio Informatico, ground floor (Only for 9 ECTS students)

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CORPORATE FINANCE

FA, Textbook, bibliography and study materials
Textbook: 
Palomba G., Gennaro A. (2022), Finanza Aziendale. Analisi, decisioni e valutazioni finanziarie, McGraw-Hill (link)

FA, Examination and Assessment Methods
The exam consists of a written test and an oral exam.
The written test is aimed at assessing the student’s practical skills (ability to apply knowledge).
To this end, on the day before the written exam each candidate must submit the individual assignment required by the course and assigned by the Lecturer, which certifies the skills developed during the course.
The oral exam requires passing the written test and aims to assess the breadth and depth of the student’s preparation.
 

FA, Exam Registration
To verify administrative compliance and to allow the organization of the written exam (room booking, preparation of attendance sheets, preparation of exam materials), all students must register for the exam session through the Infostud system.
 

FA, Written and Oral Exam Procedures

Written Test
All students must register for the exam session through the Infostud system in order to avoid administrative impediments and to allow the organization of the written test.
Students registered for the session will subsequently receive an email from the Lecturer containing mainly:

• time and place of convocation
• notices for candidates and instructions to be followed

Oral Exam
Candidates are generally called for the oral exam after the written tests have been graded.
Depending on the number of students who sat the written test, both those who passed and those who failed may be summoned simultaneously to review the mistakes made. If organizational needs require it, convocations may be scheduled on different days.

Mid-Term Test (Access requirements, format, dates, topics and skills required, impact on final grade)
Attending students will take a mid-term assessment during class hours, through which they will be able to self-evaluate their level of learning and the skills developed up to that point.
The mid-term test follows the same procedures as the written exam, allowing students to become familiar with the examination format.
The test does not constitute an exemption and is not mandatory. However, it will be considered as an element of evaluation of the student’s commitment, which the Lecturer will take into account.

FA, Written Exam Dates

COURSE |        REGISTRATION OPENS       |     REGISTRATION CLOSES.    | EXAM DATE

    FA         |                  30/09/2026                    |                 06/10/2026                  |     09/10/2026
    FA         |                  08/01/2027                    |                 15/01/2027                  |     22/01/2027
    FA         |                  29/01/2027                    |                 05/02/2027                  |     12/02/2027
    FA         |                  23/04/2027                    |                 30/04/2027                  |     07/05/2027
    FA         |                  31/05/2027                    |                 07/06/2027                  |     14/06/2027
    FA         |                  25/06/2027                    |                 02/07/2027                  |     09/07/2027
    FA         |                  25/08/2027                    |                 01/09/2027                  |     08/09/2027
    FA         |                  01/10/2027                    |                 08/10/2027                  |     15/10/2027
 
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FINANCE GAMES 

FG, Textbook, bibliography and study materials
Shiller, R. – Finance and the Good Society.
McGonigal, J. – Reality is Broken: Why Games Make Us Better.
Zichermann, G. & Cunningham, C. – Gamification by Design.

FG, Assessment Methods

Activities and relative weight
Active participation and reflections on the games: 30%
Group mini-project “Finance Game” (design): 40%
Individual reflective report discussion (analysis of one’s own game): 30%

FG, Registration
To verify administrative compliance and to allow the organization of the written exam (room booking, preparation of attendance sheets, preparation of exam materials), all students must register for the exam session through the Infostud system.

FG, Test Dates

COURSE |        REGISTRATION OPENS       |     REGISTRATION CLOSES.    | EXAM DATE
   
    FG         |                  30/09/2026                    |                 06/10/2026                  |     09/10/2026
    FG         |                  02/01/2027                    |                 09/01/2027                  |     11/01/2027
    FG         |                  15/01/2027                    |                 22/01/2027                  |     25/01/2027
    FG         |                  23/04/2027                    |                 30/04/2027                  |     07/05/2027
    FG         |                  31/05/2027                    |                 07/06/2027                  |     14/06/2027
    FG         |                  25/06/2027                    |                 02/07/2027                  |     09/07/2027
    FG         |                  25/08/2027                    |                 01/09/2027                  |     07/09/2027
    FG         |                  01/10/2027                    |                 08/10/2027                  |     15/10/2027
    FG         |                  31/12/2027                    |                 07/01/2028                  |     14/01/2028

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INTERNATIONAL CORPORATE FINANCE AND VALUE CREATION

FI, Textbook, bibliography and study materials

Textbook:
Palomba G., Gennaro A., International Corporate Finance. Models and Decisions in Global Contexts, Cedam-Wolters Kluwer

For acquisition of basic Corporate Finance skills:
Palomba G., Gennaro A. (2022), Finanza Aziendale. Analisi, decisioni e valutazioni finanziarie, McGraw-Hill (link)

FI, Examination and Assessment Methods
The exam consists of a written test and an oral exam.
The written test is aimed at assessing the student’s practical skills (ability to apply knowledge).
On the day before the written exam, each candidate must submit the individual assignment required by the course and assigned by the Lecturer, which certifies the skills developed during the course.
The oral exam requires passing the written test and aims to assess the breadth and depth of preparation.
The 6 ECTS module includes the same syllabus, but applications will be differentiated (as the Lecturer will explain when assigning tasks).

FI, Exam Registration
To verify administrative compliance and to allow the organization of the written exam (room booking, preparation of attendance sheets, preparation of exam materials), all students must register for the exam session through the Infostud system.
 

FI, Written and Oral Exam Procedures

Written Test
All students must register for the exam session through the Infostud system in order to avoid administrative impediments and to allow the organization of the written test.
Students registered for the session will subsequently receive an email from the Lecturer containing mainly:

• time and place of convocation
• notices for candidates and instructions to be followed

Oral Exam
Candidates are generally called for the oral exam after the written tests have been graded.
Depending on the number of students who sat the written test, both those who passed and those who failed may be summoned simultaneously to review the mistakes made. If organizational needs require it, convocations may be scheduled on different days.

Mid-Term Test (Access requirements, format, dates, topics and skills required, impact on final grade)
Attending students will take a mid-term assessment during class hours, through which they will be able to self-evaluate their level of learning and the skills developed up to that point.
The mid-term test follows the same procedures as the written exam, allowing students to become familiar with the examination format.
The test does not constitute an exemption and is not mandatory. However, it will be considered as an element of evaluation of the student’s commitment, which the Lecturer will take into account.

FI, Written Exam Dates

COURSE |        REGISTRATION OPENS       |     REGISTRATION CLOSES.    | EXAM DATE

    FI           |                  30/09/2026                    |                 06/10/2026                  |     09/10/2026
    FI           |                  02/01/2027                    |                 09/01/2027                  |     11/01/2027
    FI           |                  15/01/2027                    |                 22/01/2027                  |     25/01/2027
    FI           |                  23/04/2027                    |                 30/04/2027                  |     07/05/2027
    FI           |                  31/05/2027                    |                 07/06/2027                  |     14/06/2027
    FI           |                  25/06/2027                    |                 02/07/2027                  |     09/07/2027
    FI           |                  25/08/2027                    |                 01/09/2027                  |     07/09/2027
    FI           |                  01/10/2027                    |                 08/10/2027                  |     15/10/2027
    FI           |                  31/12/2027                    |                 07/01/2028                  |     14/01/2028

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Office Hours
Student reception is held exclusively in person every Friday from 18:00 to 19:30 in the professor’s office (4th floor, Department of Management, Room 6).
 
Useful Contacts

 giovanni.palomba@uniroma1.it | Professor's Institutional Email address
 finanzasapienza.notesandreports.2@gmail.com | Dedicated Email for Weekly Notes and Assignments Submission
 
Further Information
 

• Finanza Aziendale AA 2026/27, it (s1)  link
•  Finance Games AA 2026/27, it (s2) link
•  Finanza Internazionale e Creazione di Valore AA 2026/27, it (s2)   link

Information related to the courses
 - International Finance AA 2023/24, en,  9  e 6 CFU  (s2)  link
 - International Corporate Finance, AA 2023/24, en, 6 CFU  (s2), link 
are available on the Faculty website. You must access by searching for the course in the Degree program.

For information that is not provided on the website: giovanni.palomba@uniroma1.it .
You will receive a response, on a business day, before the next receipt day.

PROFILO ACCADEMICO

POSIZIONI ACCADEMICHE E SCIENTIFICHE, ATTUALI E RICOPERTE
 Presidente Corso di Laurea Triennale in “Scienza Aziendali”, Economia, Sapienza, Roma
 Professore Ordinario (dal 2003) di Finanza Aziendale SECS/P09 (Finanza Aziendale, Finanza Internazionale, Finanziamenti d’impresa, Analisi finanziarie)
 Titolare degli insegnamenti di International Corporate Finance (en, it) e di Corporate Finance (en, it) presso l’Università degli Studi di Roma, La Sapienza, Facoltà di Economia
 Componente del Consiglio Tecnico-Scientifico e Docente nel Master universitari Banking & Finance (Sapienza, Economia); titolare dell’insegnamento in International Corporate Finance nel master.
 Già Direttore del Master MaGIPA, Master in Gestione della Innovazione nella Pubblica Amministrazione, (Sapienza, Economia)
 Direttore scientifico della Collana di Finanza Aziendale dell’Università degli Studi di Roma “La Sapienza”, Finanza Condizionata e Teoria del Valore, (in CINECA)
 Componente del Comitato Scientifico della Collana del Dipartimento di Management (Sapienza, Economia)

AREE E TEMI DI MAGGIORE INTERESSE SCIENTIFICO E PROFESSIONALE
 Finanza Straordinaria, Private equity, M&A
 Attrazione degli investimenti dall’estero
 Analisi finanziarie e Valutazioni di gruppi internazionali
 Crisi d’impresa e Sistemi di allerta precursori | Turnaround | Attestazione di piani di risanamento
 Gruppi societari internazionali (Strategie di Internazionalizzazione; Pianificazione finanziaria internazionale | Controllo delle partecipazioni | Valore economico attribuibile ad asset specifici e a titoli emessi | Crisi nei gruppi)
 Trends & Value

ATTIVITÀ DI RICERCA
 Sostenibilità dei modelli di business e concessione del credito in epoche emergenziali (2021)
 Covid-19 and Environmental Social and Governance (ESG) factors: the impact on companies and financial intermediaries (2020)
 Continuità aziendale e Sistemi di alert per le PMI (2019)
 La valutazione di modelli di business innovativi (2018)
 Politiche di remunerazione e dissenso degli azionisti (2017)
 Tax & Value. Scelte di localizzazione internazionale e di allocazione del capitale in asset immateriali, in relazione a regimi di Patent Box (2016)
 Finanza per la crescita sostenibile delle PMI, (2015)
 Valore Economico, Capitale di Vantaggio e Capitale di Sviluppo (2012)
 Corpus linguistico dell’investitore e comunicazione finanziaria (2011)
 Fiscalità (RHT) e Valore delle Imprese (2010)
 Finanza per l’Innovazione e l’Internazionalizzazione (2009)
 Durata delle Prospettive Economiche e Rischio (2008)
 Modelli di Sviluppo, Rischio e Valore Economico (2007)
 Contendibilità e Valore, (2007)
 Valore di Rendimento e Valore di Funzionamento nella Valutazione dei Beni Intangibili (2006)
 Crescita d’Impresa, Espansione e Valore Economico (2006)
 Fair Value e Valore Economico (2005)
 Limiti e Prospettive dell’International CAPM (2005)
 Valore delle Imprese Operanti in Contesti Internazionali (2004);
 Aspettative di Risultato e Risk Premium (2003)
 Dinamismo Finanziario e Valore Societario (2002)
 Valutazione delle Start-up in Contesti di New Economy (2001)
 Personal Finance e Finanza on Line (2000)
 Valore Attuale Netto Esteso (1999).

PUBBLICAZIONI
1. 2021, Palomba G., Gennaro A., Finanza Aziendale. Analisi, valutazioni e decisioni finanziarie; McGraw-Hill Education, 2° edizione (in corso di pubblicazione)
2. 2020, Niccolò Abriani e Giovanni Palomba, Strumenti e procedure di allerta: una sfida culturale (con una postilla sul Codice della crisi dopo la pandemia da Coronavirus), anticipato su www.Osservatorio-OCI.org, in corso di pubblicazione Maggioli, (per IGS)
3. 2020, AAVV, Diritto e Economia del Codice della Crisi, Maggioli
4. 2019, Palomba G., Intrisano C., Micheli A.P., Di Bona A., The Company in the Decline Stage: Diagnosis, Alternative Scenarios and Reorganization, International Journal of Management Sciences and Business Research, Dec-2019 ISSN (2226-8235) Vol-8, Issue 12
5. 2018, Palomba G., Intrisano C., Di Nallo L., Calce A.M., Value_Creation_and_Contestability_Findings_From_It, International Journal of Accounting and Financial Reporting Vol. 8, No. 4, ISSN 2162-3082
6. 2017, Palomba G., Intrisano C., Di Nallo L., Calce A.M., Accounting Beta: Which Measure Is the Best? Findings from Italian Market; European Journal of Economics, Finance and Administrative Sciences, Issue 96, 2017, ISSN 1450-2275
7. 2016, Giovanni Palomba, Carmelo Intrisano, Anna Paola Micheli, Anna Maria Calce, The Relevance of Financial Structure in WACC’s Determination; Research Journal of Finance and Accounting, ISSN 2222-1697 (Paper) ISSN 2222-2847, Vol.7, No.24, 2016
8. 2015, Palomba G., Gennaro A., Finanza Aziendale. Analisi, valutazioni e decisioni finanziarie; McGraw-Hill Education, ISBN 978-88-386-1532-0
In Collana di Finanza Aziendale dell’Università di Roma “La Sapienza”, Sezione Trends & Value
9. 2014, Innovazioni e Valore. Automotive, Robotics; ISBN 978-88-548-8017-7, vol. 1
In Collana di Finanza Aziendale dell’Università di Roma “La Sapienza”, Sezione Finanza Condizionata e Teoria del Valore:
10. 2014, Espansione, Crescita e Valore, ISBN 978-88-548-8019-1, vol. 21
11. 2014, Dai fondamenti di Finanza Aziendale alla funzione finanziaria, ISBN 978-88-548-8018-4, vol. 20 (G. Palomba, A. Gennaro)
12. 2009, Metodo Patrimoniale Dinamico, edizione 2009, ISBN 978-88-548-3210-7, vol. 17
13. 2009, Ellissi del Valore, edizione 2009, ISBN 978-88-548-3209-1, vol. 16 (F. Colombi, G. Palomba)
14. 2009, Corporate Premium, edizione 2009, ISBN 978-88-548-3207-7, vol. 15 (F. Colombi, G. Palomba)
15. 2008, Equilibrio e Valore, edizione 2008, ISBN 978-88-548232-7-3, vol.12 (F. Colombi, G. Palomba)
16. 2008, Analisi del Valore. Il Rischio, ISBN 978-88-548232-7-3, vol.11

ATTIVITÀ ESERCITATA IN ALTRE UNIVERSITA’
FACOLTÀ DI ECONOMIA DELL’UNIVERSITÀ S. PIO V DI ROMA, oggi UNIVERSITÀ INTERNAZIONALE, UNINT
- dal 2002 al 2007: docente di Finanza Aziendale nel corso di laurea in scienze economiche e gestionali;
FACOLTÀ DI SCIENZE DI POLITICHE UNIVERSITÀ DI TERAMO
- dal 1998 al 2002: docente di Finanza Aziendale nel Diploma di Laurea in Economia degli Intermediari Finanziari

VALORIZZAZIONE DELLARICERCA, SPIN OFF ACCADEMICO
Fondatore (2015) e Presidente di Financefor, spin off universitario Università degli Studi di Roma, La Sapienza costituito per la valorizzazione delle competenze accademiche in tema di Analisi e Valutazioni finanziarie.
Linee di prodotto dello spin-off universitario:
 ANALYSIS (Sector, Industry and Company Analysis; Value Analysis; Investments Analysis)
 PLANNING (Corporate Strategies and Forecasting; Financial Planning for Valuation)
 VALUATIONS (Firm and Equity Value; Cost of Capital; Valuation of Individual Asset; Portfolio Valuation)
 REPORTS (Sectors; Industries; Companies; Commodities; Currencies; Financial Rates)
 TOOLS (Financial Mathematics; Quantitative Methods)
 ECONOMICS AND FINANCE (Economics)

DIREZIONI SCIENTIFICHE DI ORGANIZZAZIONI PROFESSIONALI
 È Componente del Comitato Scientifico dell’IGS (Istituto per il Governo Societario) del Gruppo di Studio “Crisi di impresa” (dal 2019)
 È Direttore scientifico dell’Osservatorio Internazionale delle Imprese, istituito presso l’Ordine dei Dottori Commercialisti e degli Esperti Contabili di Roma (dal 2016)
 È Presidente e Direttore scientifico di Negotium Mundi, associazione internazionale non profit (dal 2020)