Bocconi MFin Fees 2025: Tuition, Living Costs, Scholarships & ROI

A Complete Guide to Bocconi MFin Fees, Scholarships, and ROI

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Bocconi MFin Fees 2025: Tuition, Living Costs, Scholarships & ROI

7 minutes

Introduction
What is the Tuition Fees of Bocconi MFin 2025-26?
Where Your Tuition Actually Goes
What Your Tuition Covers
Cost of Living in Milan for Bocconi MFin Students
Scholarships & Financial Aid at Bocconi
Working Part-Time While Studying
Visa Rules and Work Restrictions
ROI: Employment Outcomes & Career Prospects

🎯
Key Takeaways – Bocconi MFin Fees

✅ Annual Tuition: MSc programs (2024-25) cost €18,000 per year

💼 Total Cost: Full two-year tuition adds up to about €36,000

📊 Employment: 93% of graduates secure jobs within 12 months

⭐ Graduate Success: 82% employed by graduation; ~64% work abroad

Introduction

Bocconi University in Milan is one of Europe’s elite institutions for business and finance studies. Its Master of Science programs attract top students globally, thanks to rigorous academics, strong industry links, and a reputation for excellence. When it comes to Bocconi MFin fees, the tuition for 2024-25 is €18,000 per year, making the total €36,000 for two years. The program offers strong ROI with 93% of graduates employed within 12 months, 82% placed at graduation, and nearly 64% finding roles abroad, reflecting its international recognition.

What is the Tuition Fees of Bocconi MFin 2025-26?

The Bocconi Mfin fees for the 2025 intake are €18,500.

Choosing to pursue the Master of Science in Finance at Bocconi University is a significant academic and financial investment. Understanding the tuition structure in detail helps you plan ahead and avoid unexpected expenses. Bocconi’s fees reflect the institution’s standing as one of Europe’s leading universities for finance and business education, offering high-quality teaching, cutting-edge resources, and global career opportunities.

For the 2024–25 academic year, the official tuition fee for first-year students in all Master of Science programs, including the MFin, is €18,000 per year (Università Bocconi).

While the final figure for 2025–26 will be confirmed closer to the admissions cycle, Bocconi typically applies modest annual adjustments to account for inflation and institutional policy changes. Based on historical patterns, the tuition is expected to be around €18,500 per year. This ensures the university can maintain its state-of-the-art facilities, academic support services, and globally competitive faculty.

Where Your Tuition Actually Goes

The tuition you pay for the Bocconi MFin program is more than just the cost of classroom instruction—it’s an investment in a comprehensive academic experience designed to prepare you for global finance careers. While Bocconi does not publish a line-by-line breakdown of how each euro is allocated, the university clearly outlines the range of resources and services included in the tuition.

What Your Tuition Covers

Category	What’s Included
Academic Instruction & Faculty Access	Lectures, seminars, and workshops taught by Bocconi faculty, plus guest sessions from finance industry leaders and alumni.
Learning Resources & Technology	Access to Bocconi’s library, Bloomberg and Refinitiv databases, e‑learning platforms, and case study resources.
Career Development Services	Career coaching, CV workshops, interview preparation, networking events, and on‑campus recruitment with top employers.
Campus Facilities & Student Services	Study rooms, group work spaces, computer labs, student lounges, academic advising, counselling, and international student support.
International Opportunities	Eligibility for exchange programs, study tours, and access to Bocconi’s partner school network (travel and stay costs extra).
Administrative & Exam Services	Enrollment management, exam scheduling, transcripts, and program administration support.

Cost of Living in Milan for Bocconi MFin Students

Living in Milan, Italy’s financial and fashion capital, offers a unique cultural and professional environment but it also comes with costs that students should budget for carefully. While Bocconi University does not publish a fixed “official” living cost estimate, you can plan effectively using a combination of Bocconi housing data and average living expenses in Milan.

Accommodation (€8,000 – €12,000/year)

Housing is the largest expense for most students. Bocconi’s residence halls cost between €5,500 and €10,500/year and include utilities such as electricity, water, heating, and cleaning. Private shared apartments near campus typically range from €8,400 to €12,000/year, while one-bedroom apartments can be significantly more expensive. Choosing housing farther from the city center may reduce costs but will require a longer commute.

Tips to Save on Accommodation:

Apply early for Bocconi-managed residences to secure lower rates.
Share an apartment with other students to split rent and utilities.
Consider housing slightly outside central Milan for more affordable prices.

Essentials (€6,000 – €8,000/year)

This covers food, transportation, and utilities. Cooking at home can keep grocery costs to €250–€350/month (€3,000–€4,200/year). Bocconi’s canteens offer balanced meals starting at €5–€7. A monthly student transport pass costs just €22 and covers unlimited metro, tram, and bus travel. If you rent privately, utilities like electricity, internet, and heating may add €960–€1,440/year.

Tips to Save on Essentials:

Shop at local markets or budget supermarkets like Lidl and Esselunga.
Use the student transport pass instead of taxis or ride-hailing apps.
Reduce heating and electricity usage in winter to lower utility bills.

Miscellaneous (€2,000 – €3,000/year)

This includes books, printing, clothing, leisure activities, and travel. Study materials may cost €300–€500/year, while personal spending on entertainment and trips can vary widely. Allocating €1,000–€1,500/year for leisure ensures you can enjoy Milan’s cultural offerings without overspending.

Tips to Save on Miscellaneous Costs:

Buy second-hand books from student forums or online marketplaces.
Take advantage of student discounts for museums, cinemas, and gyms.
Plan weekend trips in advance to get lower transport and accommodation rates.

Expense Category	Estimated Annual Cost (€)	Details
Accommodation	8,000 – 12,000	Bocconi residence halls (€5,500–€10,500/year) or shared private apartments near campus (€8,400–€12,000/year). Includes utilities in university housing.
Essentials	6,000 – 8,000	Food (€3,000–€4,200/year), transport (€264/year student pass), and utilities (€960–€1,440/year if renting privately).
Miscellaneous	2,000 – 3,000	Study materials, books, personal expenses, leisure activities, and occasional travel.
Total Estimated Cost	16,000 – 23,000	Varies by housing choice, lifestyle, and personal spending habits.

Tip: Choosing shared accommodation, cooking at home, and using public transport can help reduce overall expenses significantly.

Scholarships & Financial Aid at Bocconi

Bocconi University is committed to ensuring that talented students, regardless of financial background, have access to its world-class programs. For the MFin, the university offers a range of merit-based, need-based, and special category scholarships, along with low-interest loan facilities. These awards can significantly reduce the financial burden by covering tuition fees partially or entirely, and in some cases, providing additional support like stipends or free meals. Most scholarships are competitive and require strong academic or financial profiles, with some being automatically awarded upon admission consideration.

Scholarships Available

Merit-Based (Graduate Merit Awards)
Need-Based (Bocconi4Access to Education)
ISU Bocconi Scholarship
Other Grants & Tuition Waivers.

Working Part-Time While Studying

Many Bocconi MFin students choose to take up part-time work to help cover living expenses or gain professional experience while studying in Milan. For international (non-EU) students, Italian law allows you to work up to 20 hours per week during term time, provided you hold a valid student visa and residence permit (permesso di soggiorno).

Part-time opportunities can range from on-campus roles—such as library assistants, administrative support, or student ambassadors—to off-campus jobs in retail, hospitality, or internships with local companies. Some finance-related internships may offer flexible schedules to accommodate your academic commitments.

However, it’s important to remember that the MFin program is academically demanding. Time management is key to ensuring part-time work doesn’t negatively impact your coursework and group projects. Most students recommend limiting work to weekends or lighter academic periods.

Tips for Finding Part-Time Work:

Use Bocconi’s Career Services Portal to find on-campus and internship opportunities.
Network with peers and alumni—many jobs are shared within student groups before being publicly posted.
Improve your Italian language skills—while many jobs are available in English, speaking Italian can significantly expand your options.
Check visa regulations carefully to ensure your employment complies with Italian immigration rules.
Typical Pay: Hourly wages in Milan for part-time roles can range from €8 to €12/hour, depending on the job type and your experience.

Visa Rules and Work Restrictions

Non-EU students must apply for a Type D national student visa through the Italian Embassy or Consulate in their home country before travelling to Milan. Upon arrival, you are required to obtain a permesso di soggiorno (residence permit) within 8 working days to legally reside in Italy during your studies.

With a valid residence permit, you can work part-time for up to 20 hours per week and a maximum of 1,040 hours per year. While English-speaking roles are available, knowledge of Italian can open up more job opportunities. Always confirm the latest visa rules with Bocconi’s International Student Desk.

ROI: Employment Outcomes & Career Prospects

Bocconi’s MFin program consistently delivers strong employment results, making it a worthwhile investment for many graduates. According to official placement statistics, 82.2% of students secure a job by graduation day, and this figure rises to 93% within one year of completing the program. More than 60% of graduates work abroad, reflecting the program’s international recognition.

Where Bocconi grads typically land:

Consulting: McKinsey, BCG, Bain, Strategy&, EY-Parthenon
Finance: Goldman Sachs, J.P. Morgan, Morgan Stanley, HSBC
Tech: Amazon, Google, Meta, Microsoft
Private Equity, Venture Capital & startups: increasingly common

While salaries vary by role and location, graduates from Bocconi’s finance programs often earn starting packages that allow them to recover their total study investment tuition and living costs—within 1–2 years. Beyond immediate earnings, the program’s extensive alumni network and strong corporate links offer long-term career benefits, helping graduates move into leadership positions worldwide.

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Conclusion

The Bocconi Master in Finance offers a blend of academic excellence, strong industry connections, and an international career launchpad. While the total investment including tuition and living costs can be substantial, generous scholarship opportunities, part-time work options, and exceptional employment outcomes make it a financially viable choice for motivated students.

Graduates consistently secure roles with top global employers across finance, consulting, technology, and investment sectors, with most recouping their educational costs within one to two years. Combined with Bocconi’s global alumni network, Milan’s dynamic business environment, and the program’s global reputation, the MFin equips you with the skills, network, and credibility to accelerate your career in competitive finance and related fields.

What is the annual tuition fee for Bocconi MFin?

For the 2024–25 academic year, Bocconi’s Master of Science programs including MFin charge €18,000 per year in tuition.

What is the total cost of the two-year MFin program?

The total tuition for the two years is approximately €36,000 (i.e. €18,000 × 2).

Are there scholarships or tuition waivers available?

Yes. Bocconi offers partial and full tuition waivers based on merit and other criteria (e.g. ISU scholarship).

What happens if I withdraw or defer enrollment after paying installments?

Installments already paid are not refunded. Students withdrawing or canceling must still pay any outstanding tuition and fees due for that academic year.

Does the tuition cover additional fees, materials or services?

Tuition covers academic instruction, use of university facilities, library access, and standard course materials. It does not include extra fees for certificates, special programs, or ancillary costs.

What is the employment rate for Bocconi MFin graduates?

According to your blog data, 93% of graduates are employed within 12 months, and 82% secure roles by graduation.

Know Your Author

Abhyank Srinet

Study Abroad Expert

Abhyank Srinet, the founder of MiM-Essay, is a globally recognized expert in study abroad and admission consulting. His passion is helping students navigate the complex world of admissions and achieve their academic dreams. Abhyank earned a Master's degree in Management from ESCP Europe, where he developed his skills in data-driven marketing strategies, driving growth in some of the most competitive industries.

Abhyank has helped over 10,000+ students get into top business schools with a 98% success rate over the last seven years. He and his team offer thorough research, careful shortlisting, and efficient application management from a single platform.

His dedication to education also led him to create MentR-Me, an AI-powered platform that offers personalized guidance and resources, including profile evaluation, application assistance, and mentoring from alumni of top global institutions.

Continuously adopting the latest strategies, Abhyank is committed to ensuring that his clients receive the most effective guidance. His profound insights, extensive experience, and unwavering dedication have helped his clients securing of over 100 crores in scholarships, making him an invaluable asset for individuals aiming to advance their education and careers and leading both his ventures to seven-figure revenues.