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The Bocconi MFin GMAT score is an important factor in the admissions process for Bocconi’s Master of Science in Finance (MSc Finance), one of Europe’s leading finance programs. While the university reviews applications holistically, including academics, internships, essays, and interviews, your GMAT or GRE score remains a crucial component. Bocconi accepts a minimum GMAT score of 500 (or 485 in the GMAT Focus Edition). . A higher score, typically in the 650–750 range, can greatly enhance your admission chances and improve scholarship opportunities.
What Is the Average Bocconi MFin GMAT Score?

Why this matters:
- Competitive Standing: A score in this range positions you among top candidates applying to elite finance programs in Europe and globally.
- Readiness Signal: It shows that you have the quantitative and analytical skills necessary for Bocconi’s rigorous finance curriculum, which includes financial modeling, corporate finance, and risk management.
| Statistic | Data |
|---|---|
| Classic GMAT | 500/800 |
| GMAT Focus Edition | 485/805 |
Tip for Indian applicants: Bocconi’s admissions committee values diversity in nationality, industry, and experience. Scoring above the average can help distinguish you from the large pool of strong applicants from India.
Minimum GMAT Score Accepted by Bocconi
Bocconi does not specify a strict GMAT cut-off for the MFin program; however, admissions trends suggest that successful applicants to the GMAT Classic format rarely score below 650, while those taking the GMAT Focus Edition seldom score below 595. Candidates with scores slightly under these benchmarks may still be admitted if they demonstrate exceptional compensating strengths, such as high academic achievement in quantitative coursework, strong internships or professional experience in finance, international exposure through academic exchanges, or notable leadership roles and unique extracurricular accomplishments
GMAT Score Range of Recent Bocconi MFin Admits
Based on applicant reports and industry trends, the GMAT score range for recent Bocconi MFin admits typically falls between 630 and 720, with the most competitive candidates scoring in the 650–700+ range. Applicants with lower scores may still gain admission if they have strong academic records in finance-related disciplines, are progressing toward the CFA designation, or possess exceptional professional internships. Those at the higher end of the range often stand out in the selection process, increasing their chances of receiving scholarships and priority consideration from the admissions committee.
Importance of GMAT Scores in Bocconi Admissions
The GMAT serves as more than just a number it’s a benchmark that admissions officers use to assess your potential.
A strong GMAT score can:
- Academic Readiness: Demonstrates ability to handle Bocconi’s intensive, quant-heavy MFin coursework.
- Comparative Benchmark: Helps admissions assess you against applicants from diverse academic systems.
- Scholarship Potential: Higher scores often improve eligibility for merit-based awards.
- Profile Balancer: Can offset a weaker GPA or a degree from a less recognized institution.
- Still, Bocconi evaluates candidates holistically essays, academic history, motivation, and interview performance are also crucial.
Preparing for the GMAT to Meet Bocconi Standards
For the Bocconi MFin, you should target at least 650+ (Classic) or 595+ (Focus) to be competitive. Aim for 680–700+ if you’re seeking scholarships.
Effective Preparation Tips:
- Create a clear study plan and stick to it to ensure steady progress.
- Dedicate 3–4 months of focused preparation, adjusting for work or academic schedules.
- Prioritize the Quant section, as strong numerical skills are crucial for finance programs.
- Use trusted study materials like the GMAT Official Guide, GMAT Club for diverse question practice, and Manhattan Prep for advanced techniques.
- Practice under exam conditions by taking 5–6 full-length timed mock tests to improve pacing and stamina.
- Review your mock tests carefully to identify weak areas and work on them consistently.
Does Bocconi Accept GRE Scores Instead of GMAT?

SDA Bocconi accepts the GRE as a valid alternative to the GMAT for its MFin application, giving candidates the flexibility to choose the test that best aligns with their strengths. While the GMAT is more common among finance applicants, a strong GRE score is equally recognized and carries the same weight in the evaluation process. Applicants should still aim for a competitive score to stand out, as Bocconi attracts high-caliber candidates from across the world.
Which GRE Score Is Considered Good for Bocconi?
If you’re applying with a GRE score, understanding Bocconi’s expectations is crucial:
- Competitive Range: 158–160 in both Verbal and Quantitative sections
- Highly Competitive: 165+ in both sections, which significantly boosts scholarship chances and strengthens your standing in a competitive applicant pool
Since Bocconi does not publish an official GRE average, these benchmarks are drawn from admitted student profiles and align with the school’s high academic standards.
GRE Exam Fees for Indian Students
The GRE General Test fee in India is USD 228 (~₹19,000), as per ETS India’s official pricing. This fee includes sending your scores to up to four schools at no extra cost.
Additional GRE Fees
As per ETS India’s official pricing, the GRE test fee is USD 228 (~₹19,000). This fee includes sending your official score reports to up to four programs at no additional cost.
- Rescheduling Fee: USD 50 (~₹4,200) if you need to change your test date.
- Additional Score Reports: USD 35 (~₹2,900) per school if you wish to send scores to more than the four programs included in your test fee.
Payment Methods
ETS provides multiple secure payment options for Indian test-takers:
- International credit/debit cards (Visa, MasterCard, American Express)
- PayPal
- Net banking through ETS-approved payment gateways
GMAT Waivers: Eligibility and Application Process

While SDA Bocconi normally requires a valid GMAT or GRE score for the MFin application, there are some rare cases where the school may waive this requirement. Waivers are only granted when the applicant can clearly show they already have the quantitative, analytical, and communication skills these tests measure.
Eligibility for GMAT/GRE Waivers
You may be considered for a GMAT/GRE waiver if you meet one or more of the following criteria:
- Strong Quantitative Academic Background: If you have a degree in a highly quantitative field like engineering, finance, economics, mathematics, or statistics from a recognized university, and have consistently scored well in related subjects, you may qualify. A high GPA in math-heavy courses is key.
- Professional Certifications: Holding well-recognized global certifications such as CFA (Chartered Financial Analyst), CPA (Certified Public Accountant), or CA (Chartered Accountant) can strengthen your waiver request. These show that you have already gone through challenging exams and developed strong analytical and finance skills.
- Senior-Level Management Experience: Applicants with 8–10+ years of senior leadership experience, especially in multinational companies, can be considered. Your role should involve making important financial or strategic decisions, leading large teams, and handling cross-border projects.
Even if you meet these criteria, waivers are not guaranteed. Bocconi evaluates each case individually, looking at the entire profile — including academic achievements, career trajectory, and other application components — before making a decision.
Application Process for a Waiver
- Submit your waiver request through the online application portal
- Provide proof of academic excellence and professional capability
- Include certifications, transcripts, and employer letters to support your case
- Note: Waiver approval is not guaranteed and is entirely at Bocconi’s discretion
How to Improve Chances With Low GMAT?

If your GMAT score falls below Bocconi’s competitive range (650+ Classic or 595+ Focus), it doesn’t mean your chances are over. Since Bocconi evaluates applicants holistically, you can still strengthen other aspects of your application to make a compelling case for admission. Here’s how to maximize your chances:
- Retake the GMAT with a Targeted Study Plan: If time permits, consider retaking the GMAT. Focus specifically on your weakest areas by using analytics from practice tests to guide your prep. Even a 20–30 point improvement can shift your application from borderline to competitive.
- Craft Essays that Highlight Leadership and Vision: Use your application essays to tell a powerful story about your career journey, leadership impact, and post-MBA goals. Admissions committees value clarity, authenticity, and ambition — particularly when applicants can link their past achievements to future aspirations.
- Showcase Quantitative Achievements in Your Career: If your GMAT quant score is low, demonstrate your numerical and analytical skills through professional accomplishments. This could include managing large budgets, handling data-driven projects, or delivering measurable business results.
- Secure Strong Recommendations from Senior Managers: A glowing recommendation from a high-level executive or direct supervisor can carry significant weight. Choose recommenders who can provide concrete examples of your leadership, problem-solving skills, and ability to thrive in a challenging academic environment.
- Apply in Early Rounds (Round 1 or Round 2): Earlier rounds typically have more available seats and scholarship funds. Submitting a strong application early shows planning and commitment, both of which are valued by Bocconi.
- Leverage Bocconi’s Alumni Network: Reach out to current students or alumni for insights into the program, culture, and admissions expectations. Mentioning these conversations in your essays or interviews can demonstrate genuine interest and program fit.
By strategically strengthening your application in these areas, you can offset a lower GMAT and still present yourself as a strong, well-rounded candidate for Bocconi MSc in Finance Program.
Bocconi MFin Class Profile Overview
| Metric | Details |
|---|---|
| Average Work Experience | 0–3 |
| Age Range | 22–25 |
| Female Students | 40–45 |
| International Students | 40 |
| Class Size | 120 |
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Conclusion
Securing admission to the Bocconi Master in Finance is highly competitive, and your Bocconi MFin GMAT score can be a decisive factor in standing out among top global candidates. While the school takes a holistic view of applications, achieving or exceeding the competitive score range (650+ GMAT Classic / 595+ GMAT Focus or equivalent GRE) greatly strengthens your chances and can enhance scholarship opportunities. For Indian applicants, combining a strong GMAT score with excellent academics, relevant internships or work experience, and a compelling application narrative is essential. Whether you take the GMAT, the GRE, or qualify for a waiver, thorough preparation and early application can significantly improve your odds. With its diverse class profile, renowned faculty, and outstanding career outcomes, Bocconi provides an exceptional platform for launching a global finance career — making the effort to meet its high standards worthwhile.