In order to submit and present their theses before the Board, graduating students must have earned all the credit points foreseen by the program structure, with the exception of those which are awarded for the thesis.
The thesis can be defended in either Italian or English. The graduation (thesis presentation) includes:
- the student's oral presentation (approximately 20 minutes);
- the defence, which includes answering questions and discussing issues raised by the members of the Examining Board. Those theses considered to be excellent will involve the participation of the discussant.
On completion of the presentation the candidate exits and the Board determines the student's graduation grade. Then, in the student's presence, the Board will proclaim that the student has graduated and announce the graduation grade.
The overall classification is expressed out of 110.
Students pass the final exam if they obtain a grade of at least 66.
The graduation grade takes into account all the educational activities included in the graduating student's academic career. The grade point average (GPA) is calculated by the weighted mathematical average on the credit point values of all marks expressed out of 30 and converted into a mark out of 110. Up to 6 points (out of 110) may be added to this score based on evaluation of the thesis and the student's overall curriculum.
With reference to the "GPA" it should be noted that:
- in calculating the graduation grade a mark of 30 "cum laude"is expressed as 31;
- a maximum of 2 additional exams are taken into consideration (in cases where students have passed more than 2 additional exams, the 2 best results will be used);
- for exams passed at other Italian or foreign universities with a mark that is not expressed out of 30, the marks are converted to a mark out of 30 on the basis of a specific conversion table.
The thesis is evaluated on contents, presentation and defence.
The contents of the thesis are evaluated on clarity and accuracy of the written work as well as the student's ability to summarize. The points awarded are based on the complexity of the topics covered, the thoroughness and depth of analysis, literature cited, methodology applied and quality and accuracy of empirical analysis. Originality and degree of innovation are also important factors. In addition, the adequacy of the conclusions reached is also assessed.
The presentation is evaluated on the ability to express oneself clearly, plan and organize a well- structured presentation, apply critical reasoning and analytical skills, and respond appropriately to the questions and issues raised by the Board.
A high GPA does not guarantee that the student will receive a high score for the thesis. On the other hand, a comprehensive and original thesis can be awarded a high score regardless of the student's GPA.
The Board calculates the rounding of the graduation grade; if the decimal point is equal to or higher than 5 then the score is rounded up, whereas if the decimal point is lower than 5 it is rounded down.
The Board can unanimously award "lode"(cum laude) to students who satisfy the following conditions:
- the Examining Board evaluates the thesis as"excellent";
- students have a curriculum that is considered excellent (excellence is assessed by, for example,study or internship experiences in Italy or abroad which are particularly important, and consistently exceptional performance on exams and lack of any disciplinary action);
- graduation grade of at least 110.