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Businesses Management through Catholic Ethics

Advanced Study in Businesses Management through Catholic Ethics


MASTER – Full Time Classroom



The Master in Business Management through Catholic Ethics is conceived to give students and researchers elements for understanding the rationale of economics and finance management, and comparing them with the rationale of Catholic Ethics in doing business.

In other words, we do not pretend to apologize about Catholic Religion, but just to compare the rationale of  its Ethics as faith with the rationale of Economics as science.

Catholic Church has no country, because it is universal. Catholic Culture and Ethics have no edge.

Catholic Ethics represents the first code of universal rules of law for human behaviour in all aspects of life, economics and business management included.

Etymologically, the Catholic Church indicates the universal church, comprising all Christians. For catholic comes ultimately from a Greek word, katholicòs, meaning ‘relating to all, general’. It was a derivative of kathòlou, a compound formed from katà, ‘relating to’ and holòs ‘whole’ (source of English holism and holistic).  Its original meaning is preserved today in such context as ‘catholic tastes’- that is ‘wide-ranging tastes’. Extending such a meaning to Catholic Ethics, we mean that tese rules are valid for and in all scientific disciplines involving human behavior (economics, mathematics, politics, etc.).

Because someone having catholic tastes is intended as anyone who can appreciates more tastes than a common person can do, we can state that who applies Catholic Ethics is anyone who can appreciate values that economics, politics or other scientific disciplines cannot do in human behavior. Consider, furtherly, that holism indicates a global type of approach to knowledge, exactly the same approach we want to have with human behavior. No more disciplines, but “whole knowledge”

Human behavior is currently understood mainly through economics, and people strongly believe that economic rules are the only regulations that human beings shall follow to maximize their profit.

Our aim is to corroborate all the contradictions present in economics, and to emphasize as profit maximization (even if expressed only under monetary terms) is not given only by economic theories.

Our idea is that both individually and collectively other rules exist, which are more efficient to maximize profit. Economics is blind in this sense, and has no appropriate instruments to measure a huge number of Catholic worthinesses different than current concepts, consequently boycotted by trivial biases and  privileges.

We’ll try to understand human behavior oriented to a set of values and worthinesses based on a continuous creation of new real worth based on “non-zero-sum games”, more than on the redistribution of riches based on “zero-sum games” of current finance.

The blindness of economics is given by the equation of worth and money, where only everything exchangeable with money is worthy. No other worth exists.

On the contrary, we suppose that other worths exist and need to be assessed and managed for the welfare of future generations.

Our methodology of teaching consists in a full participation to common experiences of both professors and students in understanding whether the provocation of our intuitions can be corroborated.

Of course we use no text books, but only papers and essays, due to the fact that we are in a full climate of innovation and experimental hypothesis.  Our library shall be the Internet and our test equipment shall be logic in all its extensions.

The Master is split into nine modules, and can be furtherly divided or recombined following the class needs.

We will assess and verify statements following Determinism, Game Theory, and Chaos Theory, as well as the most ongoing logic theories, as most appropriate.

The interest to this Master for undergraduates, graduates, entrepreneurs, managers, and  professionals is the opportunity of discovering new opportunities of doing business with up-to-now undisclosed ways, which can be at the same time useful for both individual and social development.

The Master can be held in English, or Italian, or French, while, at the same time, we strongly recommend English language, because of its multinational destination, and commit ourselves to do our best to help students to understand each step of the Master even in English.



Understanding Economics and Human Behaviour

Rationale of Economics

Economics as the Science of Scarcity of Resources

Demand as Need Supported by Spendable Income

Demand as Taste

Difference between ‘Habits’ and ‘Behaviour’

Profit as Monetary Worthiness

Production as Monetary Profit Oriented Businesses

Rationale of Catholic Ethics in Human Behaviour

1.2.1   Comparative Economics and Human Behaviour

1.2.2   Comparative Ethics as Revealed Truth, and Social Science

1.2.3   Comparative Rationale of Economics and Catholic Ethical Rules Comparative Monetary Value and Love Value Competitive and Collusive Games Strange Attractors and Faith Comparative Analysis

1.2.4  Catholic Ethical Economics Set

1.2.5  Keynesian Expectations and Catholic Faith


The term “Profit” is intended as the cost/benefit ratio, where benefit shall be max, and cost min.

Human behaviour is always oriented to profit maximisation because of instincts.  It’s our nature to operate following our personal profit. Nevertheless current culture in most cases change our concept of  the real cost/benefit ratio, even when instincts forward us to operate following best choices.

Economics has too many contraddictions in its logic, which will be analysed and assessed. We will also analyse the logic of Catholic Ethics and will compare it with rationale of economics.

As mathematicians have done with the rationale of theories such as “set”, “infinitive”, “number” , and so on, we will do with theories such as “profit”, “worth”, “spendable income”, “scarcity of resources”, and so on.

This module is focused to comparing the rationale of economics and Catholic Ethics, using the most current scientific theories, and logics.


– Computer plus Internet


– 200 hours (full time in classroom or distance learning)

– time splitting: 100 hours theory plus 100 hours practice


Understanding the Global Business Context in the light of Catholic Ethics

2.1 – The Rise of  Global Business

2.2 – Global Business Management

2.3 – Barriers to Global Trade

2.4 – Catholic Ethics in Global Business

2.5 – Corporate Social Responsibility

2.6 – Areas of Social Responsibilities

2.7 – Implementing Social Responsibility Programs

2.8 – Introduction to Total Quality Management (TQM)

2.9 – Lex Mercatoria (Law Merchant) as Uniform Rules of Law

2.10- Introduction to International Commercial ADR  and Arbitration


Module II is more technical than module I.  Here we face with the birth of global business intended as the opportunity given to everybody to socialise through exchange of goods, services, ideas.

We will emphasize as barriers to international trade are a constrain for the development of both material and immaterial worth, and as Catholic Ethics is at the moment one of the most diffused set of “Universal Rules” to do businesses worldwide.

Social responsibility and Total Quality Management are for all corporations a must which nobody can oppose to.

Global economy can no more rely upon local business law, therefore we need to recur to a supranational body of law that can behave as “Uniform Rules of Law” in doing business worldwide.

Nowadays Uniform Rules of Law are based on technical experiences done by the International Chamber of Commerce, the UNCITRAL of the United Nations, and the UNIDROIT (International Organization for the study of a common civil law, with sit in Rome). We believe Catholics Ethics can be more effective than the aforementioned business rules.

No local Court is able to understand and judge multinational businesses, therefore we indicate as extra-judicial sentences can be applied and enforced by law in most countries.


– Computer plus Internet


– 200 hours (full time in classroom or distance learning)

– time splitting: 100 hours theory plus 100 hours practice


Managing the Business Enterprise

– Setting Goals and Formulating Strategies

– The Management Process

– Types of Managers

– Management and the Corporate Culture

– Organisational Structure

– The Building Blocks of Organisational Structure

– Establishing the Decision-Making Hierarchy

– Basic Forms of Organisational Structure

– Entrepreneurship

– Success and Failure in Small Business

– Starting and Operating a Small Business


This module is committed to assess whether goals and strategies need to be supported by Ethics and which one. Corporate management, corporate culture, and organisational structure must be oriented to a decision-making hierarchy responsible toward society, investors, clients, consumers, and overall “citizens”.

People are not only consumers, primarily they are citizen, made with a body and a spirit, who have a culture based on material and immaterial products. They have ideas, ideals, faith, values, which must be understood and satisfied.

Entrepreneurship has to be ethic, because entrepreneur is the starting point of any business, overall the smallest ones.

Starting-up a small business is hard, and risky. Anyway, a small entrepreneur is the most common figure of investor in business. Usually he invests his own money, credibility, imagine and honour. In other word he invests everything he has, and if he looses, he can be finished as both entrepreneur and human being.


– Computer plus Internet


– 200 hours (full time in classroom or distance learning)

– time splitting: 100 hours theory plus 100 hours practice


Understanding People in Organisations

4.1 – The Importance of Satisfaction and Morale

4.2 – Motivation in the Workplace

4.3 – Strategy for Enhancing Job Satisfaction and Motivation

4.4 – Managerial Styles and Leadership

4.5 – The Foundations of Human Resource Management

4.6 – Staffing the Organisation

4.7 – Developing the Workforce, Compensation and Benefits

4.8 – Legal and Ethical Issues in Managing People

– New Challenges in the Changing Workplace

4.10- Dealing with Organised Labour, the Collective Bargaining Process

4.11- Laws Governing Labour-Management Relations


Motivation in the workplace, satisfaction and good morale can be reached in full following Catholic Ethics.

Ethic managerial styles and leadership are essentially needed to optimise and develop human resources, which are in our humble opinion much more important than financial capital.

Managing people “secundum legem” in many cases is not enough to create a good and proficient staff. Strong ethical issues certainly are of great support in dealing with colleagues, customers, suppliers, and so on.

This module launches new challenges in changing workplace following rationale of Catholic Ethics. We have researched and developed a method, which allows to increase corporate efficiency, productivity, and quality, inviting all the corporate workers to participate. Participation is much more effective than obedience.

Democracy in business is as useful as democracy in politics.


– Computer plus Internet


– 200 hours (full time in classroom or distance learning)

– time splitting: 100 hours theory plus 100 hours practice


Understanding Marketing Processes and Consumer Behaviour

5.1 – What Marketing is, and what could be

5.2 – Target Marketing and Market Segmentation

5.3 – Understanding Consumer Behaviour

5.4 – The International Marketing Mix

5.5 – What Product is

5.6 – Developing New Products and Managing the Product Life Cycle

5.7 – Identifying Products

5.8 – Determining Prices

5.9 – The Importance of Promotion

5.10 – Distributing Products

5.11 – Viral Marketing and Contagious Media through the Internet


Marketing is the most important corporate function, because it identifies “what, when, where, why” a product is saleable, and overall it identifies the most appropriate selling price.

Corporations are not responsible for the use of their products, and consumer behaviour. They do their best to convince consumers to buy their product: that’s all.

Advertising and promotion have the ethics of maximising corporate profit, no matter. Consumer is free of choosing following his tastes, and maximising his profit. No other ethics is foreseen in this economic relationship.

We strongly believe that following Catholic Ethics we can maximising both corporate and consumer profit, while we perform at the same time a more rational corporate and human behaviour.

Catholic Ethics can reach more advantages for consumers and corporation that marketing rules can do, because individual and mass consumption is better orientated to maximising profit of a lot of other needs that current marketing cannot identify.

Viral Marketing and contagious media through the Internet are not an invention of economics, marketing, or finance: they are only a technical implementation of a phenomenon that Catholic Ethics uses through “word of mouth”.


– Computer plus Internet


– 200 hours (full time in classroom or distance learning)

– time splitting: 100 hours theory plus 100 hours practice



Managing Production and Improving Quality

6.1 – Goods and Services Operations

6.2 – Creating Value through Production

6.3 – Operations Planning

6.4 – Operations Scheduling

6.5 – Operations Control


Product quality indicates company’s quality. A product is qualitative not only when rough materials, engineering, and manufacturing process are good, but overall when its use and application are ethically correct.

A product is not only a good or service to be merely consumed. It must serve also other scopes, such as the education of people to the respect of environment, surroundings, society, savings, employees, consumers.

Marketing is not yet oriented to all such aspects. Now it’s the time that all goodwill people react the mere logic of consume.


– Computer plus Internet


– 200 hours (full time in classroom or distance learning)

– time splitting: 100 hours theory plus 100 hours practice


Understanding Accounting and Information Systems in the light of Catholic Social Responsability

7.1 – What is Accounting and Who Uses Accounting Information?

7.2 – What Are Accountants and what do they do?

7.3 – Financial Statements

7.4 – Analysing Financial Statements

7.5 – Information Management: an Overview

7.6 – Databases and Application Programs

7.7 – The Marriage of Information and Communication Technology

7.8 – Accounting and Catholic Ehitcs


Accounting indicates the efficiency of a company, its honesty, and correctness toward society.

Financial statements must be oriented to the correct assessment of corporate behaviour.

No gimmick, no trick is allowed. Labour in both individual and associated aspects is the pre-eminent activity of human beings. Labour is the expression of human creation, of his respect toward other people and our Lord.


– Computer plus Internet


– 200 hours (full time in classroom or distance learning)

– time splitting: 100 hours theory plus 100 hours practice


Understanding Money and Banking, Credit, Securities and Investments in the light of the Social Doctrine of the Catholic Church. 

– What is Money?

– Money, Credit, and Banking in the Bible Tradition

– The U.S. Financial System, and the Federal Reserve System

– The Changing Money and Banking System

– The E.U. Financial System

– International Banking and Finance

– Securities Markets, Stocks, and Bonds

–  Securities and Long-Term Funding

8.10- Buying and Selling Securities

8.11- Securities Market Regulation

8.12- Ethical Investments in the Light of Catholic Principles

8.13 – Microcredit as the Newest Business Revolution


Too many people look only for money in their life. Money seems to be the only means to get happiness and joy.

Money is, on the contrary, only an instrument to “account”, “assess”, and “exchange” products in an economic system. Money cannot account or assess ideas, honesty, bounty, but it can buy all of them easily. With money people can buy anything they want, because exchange of money is quite unlimited.

We cannot forget that the term finance derives from the notion of “finally settling a debt by payment”.

Its immediate source is Old French finance, a derivative of the verb finer “end, settle”, which when was originally acquired by English stille meant literally “end”: ‘God, that all things did made of nought………. puttest each creature to his finance,’ Coventry Mystery Plays 1400.  The debt-settling sense has already developed by that time, but this did not broaden out into the current “management of monetary resources” until the 18th century, where for management we have to intend a set of games, bets, and tricks used by current financial institutions.

To put an hold to this immense power of money we need to learn to use it in the strictest economic sense, and following Catholic Ethics. In any different case we shall be servant to money, and not vice-versa.

This module deeply analyses the correct scope of money, and focuses its attention to all those games which are zero-sum, compared to those which are non-zero-sum, explaining such difference in terms of profit and ethics.


– Computer plus Internet


– 200 hours (full time in classroom or distance learning)

– time splitting: 100 hours theory plus 100 hours practice


Instincts and Education as keys of effective human behaviour

9.1 – Instincts as natural behaviour

9.2 – Instincts definition and classification

9.2.1 – Instinct to survival

9.2.2 – Instinct to knowledge

9.2.3 – Instinct to socialization and exchange

9.2.4 – Instinct to reproduction

9.3 – Education as appropriate teaching to instinct correct exploitation

9.4 – Education as comparative good and bad rationale

9.5 – Education as comparative true and false rationale, following Catholic Ethics


The etymological notion underlying instict (and also the closely related instigate) is of ‘goading onwards with a pointed stick.’ Its ultimate source is Latin instinguere ‘urge onwards, incite, ‘a compound verb formed from the prefix in– ‘on’ and stinguere ‘prick, goad’. Source of English distinct and extinct, this goes back to the same root, stig-, as produced English stick and Latin stigāre ‘prick, goad,’ the ancestor of English instigate. The noun derived from it, instinctus, originally meant ‘incitement, instigation,’ but it eventually moved to ‘impulse,’ the sense it had when English acquired it. The more specialized ‘innate impulse’ developed in the mid 16th century. Instict can be defined as a firmware instilled by ultimate will for moving spontaneously human behaviour. Furtherly, by Divine Will, everyone can be arbiter of his/her behaviour, i.e. (decide by one’s own discretion or judgement); nevertheless, instincts are there to help human behaviour with the best support.

To educate people is litterally to ‘lead them out.’ The word comes from the past participle of Latin ēducāre, which meant ‘bring up, rear’ as well as more specifically ‘educate.’ It was related to ēdūcere ‘lead out’ (source of English duct, duke, and a whole host of derivatives such as deduce and seduce).

Therefore, educate in a correct way means to show everybody the best way to be arbiter of  one’s behaviour, i.e., to choose between good end bad, true and false. Nevrtheless, education is not culture. In effect, the Indo-European base quel-, quol- denoted primarily ‘moved around, turn’ (it is the source of English cycle and wheel). By metaphorical extension it came to signify ‘be busys,’ which later branched out in two semantic directions: ‘inhabiting a place’ and ‘marking a wild place for crops.’ These are both channelled into Latin colere, which meant ‘inhabit,’ ‘cultivate, and also ‘worship.’ The notion of ‘inhabiting’ is reflected in its descendant colony, but its past participial stem cult- has bequeathed us other aspects of its meaning. ‘Worship’ is represented by cult, acquired via French culte or directly from Latin cultus. ‘Develipong the land’ appears in cultivate, from the medieval Latin derivative cultivāre,  and by metaphorical extension in culture, from French culture, which originally meant ‘piece of tilled land’.


– Computer plus Internet


– 200 hours (full time in classroom or distance learning)

– time splitting: 100 hours theory plus 100 hours practice



This Vision of  Business Management encompasses global business, skills, experiences, habits, and practices. This Module is particularly suited for qualified Entrepreneurs, Managers, and Scholars. It analyses Human Behaviour through the Rational of S. Thomas as well as the Rationale of Nonlinear Dynamics.

Module type: Full Time.

Students are involved in practical cases and research from the earliest steps of their study. They participate to assess real cases, and verify their progress through exercises and workshops.

Module Lasting, Time Schedule, and Certification:

– Lasting: to be scheduled

– Starting Date: to be convened

A final exam shall be done at the end of the module .

Main Purpose:

To introduce students into the career of “Global Business” through the study of  Business in all its major components.

To develop critical and analytical skills in problem solving.

To equip students with the necessary learning skill to progress to further career.

Special Features:

Opportunities during the course to:

· Work on live projects in collaboration with  Ethical Investment Organisms.

· Participate in national and trans-national case-studies.


Entry Requirements

· Qualified skills, and intermediate English language.

Learning Outcomes:

Knowledge and understanding in the subject.

· Context of juridical, economic and cultural World Business.

· Research skills and methods of analysis for applying Catholic Ethical Businesses.

· Comprehension of interdisciplinary and the broad range of possible World Economy.

Cognitive skills.

· Ability to formulate concepts appropriate to world business and develop them in form of contracts, technical operations, amicable dispute resolutions, and business.

Subject specific practical/professional skills.

· Skills to understand and find solutions in a multinational legal context.

· Ability to form and interpret opportunity of Catholic Ethical Investments.

8. Learning & Teaching Policy/Methods:

Full Time Method

Our students shall attend their lessons in class on a full-time basis.

Formative and benchmarking feedback.

Most outcome of the Module is proportional to the feedback we can activate with each single participant. Our duty is to benchmark each single step of the formation on a one- to-one timely verification.


Enrico Furia


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