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Bocconi MiM Fees 2026–27: Tuition, Living Costs & Scholarships

A Complete Guide to Tuition, Living Costs, Scholarships & ROI

bocconi mim fees
⭐ Quick Answer

The Bocconi MiM fees for 2026–27 are ₹20.22 lakh (€18,550) per year for the MSc in International Management at Bocconi University. The programme lasts two years, so tuition would be around ₹40.44 lakh (€37,100) if the first-year fee remained unchanged. However, Bocconi states that fees may be adjusted for inflation in later academic years, so this two-year figure should be treated as an estimate. Students should also budget separately for accommodation, food, transport, visa expenses and health insurance.

Introduction

Studying at Bocconi University is a major investment, so understanding the Bocconi MiM fees before applying is important. The programme commonly referred to as the Bocconi MiM is officially the MSc in International Management, a two-year, English-taught degree based in Milan. It offers pathways including concentrations, CEMS MiM, Global Experience and international double degrees.

For 2026–27, Bocconi charges first-year MSc students ₹20.22 lakh (€18,550) in tuition and academic fees. Applicants should also budget for Milan accommodation, meals, transport, health insurance and immigration expenses. In this blog, we cover Bocconi MiM fees, living costs, scholarships, payment schedules, ROI, and the expected budget for Indian applicants.

What Are the Bocconi MiM Fees for 2026–27?

The official Bocconi MiM tuition fee is ₹20.22 lakh (€18,550) per year for students entering a Master of Science programme in 2026–27.

Cost Amount
Tuition for 2026–27 ₹20.22 lakh (€18,550)
Estimated Tuition for 2 Years ₹40.44 lakh (€37,100)
Application Fee ₹10,900 (€100)
Estimated Living Costs for 2 Years ₹28–44 lakh (€26,000–€40,000)
Estimated Total 2-Year Budget ₹68–85 lakh (€63,000–€78,000)

The estimated living-cost and total-budget figures above are MiM-Essay planning estimates based on Bocconi's published accommodation, transport, food, residence-permit and insurance costs. Actual spending will depend heavily on housing and lifestyle.

How Are Bocconi MiM Fees Paid?

Bocconi divides first-year academic fees into an advance payment, an adjustment and subsequent instalments.

Payment 2026–27 Deadline
First Instalment – Advance Linked to enrollment session
First Instalment – Adjustment 15 October 2026
Second Instalment 29 January 2027
Third Instalment 30 April 2027

How Much Does It Cost to Live in Milan While Studying at Bocconi?

Housing will normally be the largest expense after the Bocconi MiM fees.

Bocconi MIM publishes the following estimated living costs for students in Milan:

  • Accommodation:
    • On-campus dorm: ₹4.36 lakh–₹5.23 lakh (€4,000–€4,800) per semester
    • Private single room: ₹65,400–₹1.20 lakh (€600–€1,100) per month
    • Private double room: ₹54,500–₹81,750 (€500–€750) per month
    • Flat: ₹87,200–₹1.96 lakh (€800–€1,800) per month
  • Meals:
    • Italian breakfast: ₹327–₹545 (€3–€5)
    • Main course at the university canteen: ₹545 (€5)
    • Lunch at cafes: ₹1,090–₹2,180 (€10–€20)
    • Ice cream: ₹327–₹545 (€3–€5)
    • Dinner at a restaurant: ₹3,270–₹5,450 (€30–€50)
    • Dinner at a pizzeria: ₹2,180–₹3,270 (€20–€30)
  • Transport:
    • Monthly pass for students up to 27: ₹2,398 (€22)
    • Monthly pass for students over 27: ₹4,251 (€39)
    • Single ride ticket: ₹240 (€2.20)
  • Entertainment:
    • Aperitivo/Happy hour: ₹763–₹2,180 (€7–€20)
    • Cinema: ₹763–₹1,417 (€7–€13)
    • Pub: ₹1,090–₹3,270 (€10–€30)
    • Concerts: ₹1,635–₹10,900 (€15–€100)

What Should Indian Applicants Know About Bocconi MiM Fees?

For Indian applicants, the Bocconi MiM fees are ₹20.22 lakh (€18,550) per year for 2026–27. Since the MSc in International Management lasts two years, tuition would be approximately ₹40.44 lakh (€37,100) if the current annual fee remained unchanged. However, Bocconi states that tuition may be adjusted in later academic years, so this should be treated as an estimated two-year tuition cost rather than a fixed amount.

Beyond tuition, Indian students should budget carefully for living expenses in Milan. Current Bocconi estimates include:

  • On-campus accommodation: around ₹4.36 lakh–₹5.23 lakh (€4,000–€4,800) per semester
  • Private single room: around ₹65,400–₹1.20 lakh (€600–€1,100) per month
  • Private double room: around ₹54,500–₹81,750 (€500–€750) per month
  • Private flat: around ₹87,200–₹1.96 lakh (€800–€1,800) per month
  • Student transport pass: around ₹2,398 (€22) per month for students up to age 27
  • University canteen meal: around ₹545 (€5)
  • One-year health insurance: approximately ₹15,260 (€140)

Indian students should therefore plan for an estimated total two-year budget of around ₹68–85 lakh (€63,000–€78,000), including tuition and living expenses. This is a planning estimate and will vary depending on accommodation, lifestyle, exchange rates and any increase in second-year tuition.

Applicants should also budget for the ₹10,900 (€100) application fee, visa-related expenses, residence permit charges, health insurance, flights between India and Italy, and foreign-exchange costs.

Bocconi MIM Fees - Scholarships

Bocconi offers merit-based and need-based financial support that can significantly reduce the Bocconi MIM fees. For 2026–27, eligible MSc students may receive partial or full tuition support depending on academic performance and financial circumstances.

Bocconi Graduate Merit Award

The Bocconi Graduate Merit Award can provide a 100% waiver of ordinary tuition and academic fees to selected applicants. International students are automatically considered through their admission application.

Need-Based Tuition Waivers

Bocconi also offers need-based support covering 20%, 60%, or 100% of tuition fees. Scholarship eligibility and renewal conditions vary, so students should check the requirements for their intake year.

Bocconi MIM Fees - ROI

The ROI of the Bocconi MIM fees depends on tuition, living costs and post-graduation earnings. Tuition is ₹20.22 lakh (€18,550) per year, while the estimated two-year tuition is around ₹40.44 lakh (€37,100) if the annual fee remains unchanged.

Bocconi does not publish an official average salary for International Management graduates. However, 94.6% of graduates are employed one year after graduation, and 52.8% of employed graduates work abroad. These outcomes make Bocconi attractive for students targeting consulting, finance, technology and international management careers.

Bocconi MIM Fees - Part-Time Jobs and Potential Earnings

International students at Bocconi can work part-time while studying. A valid Italian study residence permit allows students to work up to 20 hours per week and 1,040 hours per year.

Part-time earnings vary by job and working hours. Students may earn an estimated ₹54,500–₹98,100 (€500–€900) per month, although this is not an official Bocconi figure.

Part-time work can help cover food, transport and some living expenses, but it cannot realistically cover the full Bocconi MIM fees.

Bocconi MIM Fees - Indian Student Visa Work Hour Restrictions

Indian students with a valid Italian study residence permit can generally work for up to 20 hours per week and 1,040 hours per year.

Students staying in Italy for more than three months must also apply for a residence permit after arrival. Non-EU students are generally required to submit this application within 8 working days of entering Italy.

Indian applicants should therefore treat part-time work as supplementary income rather than a primary source for paying tuition or major living expenses.

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Conclusion

The Bocconi MIM fees are ₹20.22 lakh (€18,550) per year for 2026–27, with additional costs for accommodation, food, transport, visa, and insurance. Scholarships and tuition waivers can significantly reduce the overall expense, while Bocconi’s strong employment outcomes support its ROI potential. Indian applicants should plan for the full two-year cost and explore scholarships, education loans, and other funding options before applying.

How much are Bocconi MIM fees for 2026–27?

The Bocconi MIM fees are ₹20.22 lakh (€18,550) per year for first-year MSc students in 2026–27. Bocconi may adjust tuition in subsequent years based on inflation and other updates.

What is the total cost of Bocconi MIM for two years?

If the current annual fee remains unchanged, the estimated two-year tuition would be around ₹40.44 lakh (€37,100). This is an estimate because Bocconi does not yet publish a fixed tuition amount for the second academic year.

Does Bocconi offer scholarships for MIM students?

Yes. Bocconi offers merit-based and need-based financial support for MSc students. The Bocconi Graduate Merit Award can provide a 100% waiver of ordinary academic tuition and fees to selected applicants.

Can Bocconi MIM fees be paid in instalments?

Yes. Bocconi divides tuition payments across multiple instalments during the academic year. For 2026–27, payments include an enrollment-linked advance followed by instalments due in October 2026, January 2027 and April 2027.

How much should Indian students budget for Bocconi MIM?

Indian applicants should budget for tuition plus accommodation, food, transport, visa, insurance and personal expenses in Milan. Tuition alone is ₹20.22 lakh (€18,550) per year, so the complete two-year cost will be significantly higher depending on lifestyle and housing choices.

 

Can Indian students work part-time while studying at Bocconi?

Yes. International students with a valid Italian study residence permit can generally work part-time within Italy's student employment limits. Part-time income can support daily living expenses, but students should not depend on it to fund the full Bocconi MIM fees.

What is the average salary after Bocconi MIM?

Bocconi does not publish an official average salary specifically for MSc in International Management graduates. However, Bocconi reports that 94.6% of graduates are employed one year after graduation, with 52.8% of employed graduates working abroad.

Do Bocconi MIM fees include living expenses?

No. The ₹20.22 lakh (€18,550) annual Bocconi MIM fee covers academic tuition and fees; accommodation, food, transport, insurance, travel and other personal expenses must be budgeted separately.

Can I get a 100% scholarship at Bocconi University?

Yes. Selected first-year MSc applicants can receive the Bocconi Graduate Merit Award, which covers 100% of ordinary academic tuition and fees. Applicants are considered based on the academic profile submitted with their admission application.

Is Bocconi MIM worth the fees?

Bocconi MIM can offer strong value for students targeting international careers in consulting, finance, technology and management. Its 94.6% employment rate one year after graduation, international career opportunities and scholarship options strengthen its potential ROI.

Know Your Author
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Abhyank Srinet
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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 13,000+ students get into top business schools with a 98% success rate over the last 10 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 500 Cr+ 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.

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