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HISTORY OF THE FACULTY

1. Origins
The Faculty of Economics was founded in 1906 to prepare students in the fields of finance, industry and trade for a career in government administration, the navy and the War Office. It offered three degree courses:
- A three-year course at the School of Mathematics for Finance and Actuarial Science to provide practical and theoretical knowledge for careers in banking, finance and insurance.
- A five-year course at the Colonial School in business administration, economics and social sciences for a career in the diplomatic corps or emigration services.
- A four-year course at the School of Business Studies and Product Analysis, training students in technical and practical subjects to give them the professional and managerial skills necessary for executive positions in business and in the sectors of the public administration dealing specifically with trade and industry.
In 1908 the three Schools became three separate faculties, namely the Faculty of Mathematics for Banking and Actuarial Science, the Faculty of Political Science and the Faculty of Economics and Business Management.
Language training was considered an essential part of the university syllabus, thus implementing the government’s policy of strengthening Italy’s position on the international stage and so to make Rome a great European capital city. Consequently, language studies were compulsory for all three years of the degree course, with classes being held up to three times a week.

2. Recent times
In the academic year 1995-96 the faculty changed its name to Faculty of Economics. The degree courses on offer until 2000/01 were organised at two campuses in the following way. In Rome the degree in Economics provided four possible curricula, Economics, Business Studies, Public and International Economics and Political Economy, while the campus at Latina offered a degree in Economics.
Following the reform of universities in Italy in 2000, the Faculty now offers a broad range of first level and post-graduate degree courses.  (link)

Since its foundation in 1906 the faculty has undergone a number of fundamental changes which reflect the social and cultural developments of recent years. For example, in the 1920s women accounted for only 0.5% of the total number of university students, whereas in 1991 they accounted for 50% and their number is still increasing today.
The university has also evolved from an elitist to a mass institution and new reforms will continue the process of innovation within the enlarged European context.