Head office: Netherlands, Haarlem+31 23 205 00 88hello@selfstartglobal.comTelegramWhatsApp

Bocconi University

Milan, Italy · If you're considering a career in business, finance, or international management, Bocconi will sooner or later appear on your list of universities. This is a university whose diploma opens doors to the largest investment banks, consulting firms, and international corporations, without an MBA or ten years of work experience.

  • Bachelor's degree: 16,700 euros/year
  • Master's degree: from 21,000 to 34,000 euros/year
  • Doctoral studies: upon request
Get a Consultation
Top 7 in the worldQS World University Rankings
Top 4 in EuropeGlobal MBA 2025

About the university

  • Bocconi University is a private university in Milan, Italy, founded in 1902.
  • Specializations: business, economics, finance, management, law, data analytics;
  • Ranked among the top 10 globally in Business & Management (QS 2025);
  • Most undergraduate and graduate programs are taught in English;
  • Tuition fees start at €16,700 per year, but can be significantly reduced through scholarships;
  • Bocconi offers both merit-based and need-based scholarships, including up to 100% tuition coverage;
  • 94% of graduates find employment within a year of graduation;
  • Application preparation should begin 12–24 months before submitting documents.
Degree of study
Bachelor's, Master's, and PhD
Percentage of accepted students
33%
Probability of employment after training
86%
Scholarships
University and external grants are available, with international students eligible for partial or full assistance, but funding is limited and highly competitive.
Directions
International Economics and Management, Economics and Management in Arts, Culture and Communications, Economic and Social Sciences
Type
private university
Size of the student campus
14,428 students
% of international students
30–35%
Student town
It includes modern buildings, dormitories, sports facilities, and green spaces integrated into the urban environment. The campus was designed with sustainability and energy efficiency in mind.

What is Bocconi University and why is it considered a top university in Europe?

Università Bocconi is located in Milan, Italy’s financial capital and one of Europe’s leading business centers. The university boasts over 120 years of history, approximately 16,000 students from over 100 countries, and a strong position in global rankings.

According to the QS World University Rankings 2025, Bocconi is among the top 10 universities in the world for Business & Management Studies and 12th in the Social Sciences & Management category. The Global Employability University Ranking places the university 58th in the world for graduate employability—one of the best results among European business schools.

Why Choose Bocconi University

Bocconi University attracts students from all over the world for several compelling reasons, including its academic environment, career prospects, and international study context.

Academic reputation and business orientation

Bocconi was built as a meeting point between academia and real-world business. The faculty consists of researchers who publish in leading international journals, and the curricula are regularly updated to meet market demands.

The undergraduate program offers a solid mathematical foundation—this distinguishes Bocconi from many European business schools, where quantitative methods remain largely unexamined. The programs are structured so that graduates can apply theory to real-world cases. Partnerships with the Milan business community and international companies are integrated directly into the curriculum: case studies, internships, and guest lectures by top managers are part of the program, not optional.

Career and employment of graduates

According to the university, 94% of graduates find employment within one year of graduation. Of these, 33% found work outside Italy—in London, Frankfurt, New York, Dubai, and other financial centers.
The Bocconi brand is well-established in investment banking and consulting: the university is among the few European universities whose graduates consistently find jobs at Goldman Sachs, McKinsey, BCG, and JP Morgan.

The internal JobGate platform is updated daily with job offers from employers, and Bocconi’s alumni network functions as a vibrant professional community—one of the assets that graduates value most.

International environment and English-language instruction

For applicants from outside Italy, it’s important that most undergraduate and graduate programs at Bocconi are taught in English. This makes the university truly accessible to non-EU students without the need to learn Italian before admission.

The campus environment is truly international: students from over 100 countries, regular exchange programs with leading global universities (LSE, Sciences Po, Columbia), double degrees, and joint tracks. For those planning an international career, this environment becomes part of the education itself.

Study areas at Bocconi University

Bocconi Milan offers two levels of programs: undergraduate and graduate. Each level has its own selection process and candidate profile requirements.

Bachelor's programs

Bachelor’s degree programs last three years and cover economics, international management, finance, political science, and law. Most programs are taught in English.

The selection process considers not only grades but also how informed the applicant’s choice of specialization. A well-motivated candidate with clear goals and an interest in the program’s profile is more convincing than one with formally high grades but no clear understanding of why they need the program.

Master's programs

At the master’s level, the choice is wider: programs in finance, management, marketing, business analytics, data science, accounting, and international economics. The duration is typically two years.

Programs with a strong quantitative component (Finance, Quantitative Finance, Data Science & Business Analytics) require undergraduate experience with mathematics and statistics. The career path you describe in your application documents should logically continue with your previous studies—sequencing is important.

How to Choose a Program at Bocconi: 5 Criteria

Before submitting documents, it is worth answering yourself five questions:

1
Interest and motivation

Why this program and not a related one? Your answer must be specific.

2
Academic base

Is your previous educational experience sufficiently relevant to the program requirements?

3
Language of instruction

Is your English level confirmed by an official certificate?

4
Budget and scholarships

Are you considering programs with the best funding opportunities?

5
Career track

What do you want to do in 5 years and how does this program get you closer to your goal?

Tuition at Bocconi University

The cost of studying at Bocconi University consists of several components, and it’s important to understand the overall picture even at the program selection stage, long before receiving an offer.

What does the cost consist of?

The basic tuition for the 2025-2026 academic year is €16,700 per year for undergraduate programs and €18,200 per year for master’s programs. This includes costs for accommodation, food, transportation, health insurance, and course materials.

Milan is one of the most expensive cities in Italy, and this should be taken into account when planning your budget. Rent and living expenses average between €800 and €1,500 per month, depending on the type of accommodation and the student’s lifestyle.

Why does the actual budget differ from the figures on the website?

Bocconi uses a progressive fee scale linked to the financial situation of the student’s family: those who meet the criteria pay significantly less than the base rate.

Scholarships—both internal and external—can cover from 20% to 100% of tuition. For many international students, the actual cost of tuition is significantly lower than the nominal cost. This is why it’s important to begin financial planning while preparing your documents, rather than after receiving an offer.

Want to know what actually fits you?

Leave your contacts — a consultant will review your profile and map out the shortest path to admission

Get a Consultation

An example of a student budget structure in Milan

Below are the main costs to consider when planning your studies at Bocconi Milan.

Expense item Comment
Tuition  Depends on program level; may be reduced through scholarships
Housing (rent/hostel) One of the key expenses; varies depending on the type
Nutrition Campus, supermarkets or cafes have a significant impact on the outcome
Transport Milan public transport; student discounts available
Educational materials Books, subscriptions, software
Medical insurance Compulsory for non-EU students
Personal expenses Depends on lifestyle

Scholarships and funding at Bocconi University

Scholarships at Bocconi University are a real advantage for international applicants. With the right funding strategy, tuition fees can be significantly reduced.

What types of scholarships are available?

Bocconi offers several types of funding, and it’s important to understand how they work.

  • The ISU Bocconi Scholarship is the primary need-based program. The aid amount is determined individually based on family income and may include partial or full tuition coverage, as well as a living stipend.
  • Bocconi4Access to Education is a program for talented applicants with limited financial means. It covers up to 100% of tuition.
  • Bocconi Graduate Merit Awards are merit-based scholarships for undergraduate students that reward academic excellence.
  • Partial waiver scholarships cover 20%, 40%, 60%, or 80% of the basic tuition. They can be applied alone or in combination with other programs.
  • There are also separate scholarships for women (Women Awards), for students with disabilities, and student-athlete support programs.
What increases your chances of getting a scholarship?

Bocconi scholarships are competitive, and you won’t be able to win one without preparation. Several factors influence the outcome.
Starting early increases your chances: most scholarship deadlines coincide with admissions deadlines, and those who apply in the first round statistically receive better offers. The quality of your documentation is also critical: your motivation letter, CV, and proof of family financial status must be carefully prepared. For merit-based scholarships, not only your final grade is important, but also your academic performance, the difficulty of your courses, and your achievements outside of school.

Common mistakes when applying for funding

Most mistakes are trivial but costly:

  • Submitting documents at the last minute, when some funds have already been allocated;
  • A poorly written motivation letter, lacking specifics and personal history;
  • Lack of financial documentation or an incomplete package;
  • Lack of knowledge about programs: many applicants simply don’t research funding options;
  • Relying solely on one type of scholarship without considering a combination.

Bocconi University Admission Requirements

Admission to Bocconi University Italy requires an understanding of the selection process. The university looks beyond grades; it considers the candidate’s overall profile.

Academic requirements

Bocconi doesn’t publish a strict minimum GPA, but the selection process is transparent: the university seeks candidates with consistent academic performance in their core subjects, primarily mathematics. For undergraduate programs, the university’s high school trajectory over the past three years is important, with the academic difficulty of courses and an upward trend in grades being particularly valued.

For undergraduate admission, SAT scores (a minimum of 1400 is required, with a score of 1500+ considered strong), ACT scores, or the Bocconi Test are accepted. The Bocconi Test consists of 50 questions covering mathematics, critical thinking, numerical analysis, and text comprehension. It lasts 75 minutes, and errors are penalized. For graduate programs, the GMAT or GRE may be required, depending on the specialization.

English language and exams

Language requirements vary by program. Generally, IELTS, TOEFL iBT, PTE Academic, and Duolingo English Test are accepted. Exact cutoff scores vary and should be verified on the official website of the program you’re applying to.

If your previous diploma or certificate was issued by an institution where instruction was conducted in English, a language certificate may not be required, but this should be confirmed in advance rather than relying on general guidelines.

Motivation letter, CV, recommendations

Bocconi devotes significantly more attention to this section of documents than many European universities. The motivation letter is part of the selection process. The university wants to understand why you chose this program, your academic and professional trajectory, and how Bocconi fits into your long-term goals.

A CV should reflect not only your academic background but also your extracurricular activities: internships, projects, volunteer work, participation in Olympiads or competitions. Letters of recommendation are valuable when they are specific—not general characteristics, but observations from a specific person about the candidate’s specific achievements.

How to Apply to Bocconi University: A Step-by-Step Plan

Applying to Bocconi University isn’t a quick process. The sooner you start, the more tools you’ll have at your disposal by the time you apply.

18-24 Months: Strategy and Profile Strengthening

It’s too early to think about documents at this stage—now is the time to build your profile. Decide on a program and study its requirements in detail. If math is a weakness, start working intensively on it. Consider what extracurricular experiences would strengthen your candidacy: an internship at a company, project work, or participation in economics Olympiads.

At this stage, it’s also worth taking a profile assessment to understand how your current skills align with what Bocconi is looking for. This allows you to adjust your preparation while there’s still time to make changes.

9-12 months: tests, documents, scholarships

Preparing for the SAT or Bocconi Test is a step many underestimate. At the same time, start working on your motivation letter: the first draft should be ready well before the deadline so you can polish it. Research all available scholarship programs and gather financial documentation in advance.

At this stage, choosing your application round is crucial: the first round typically offers more spots and scholarship funding. Later rounds are a real risk, not a backup plan.

1-3 months: finalization and submission

A final review of all documents, final edits to the cover letter, and collection of references. It’s important to take your time at this stage: technical glitches, errors in forms, and missing documents are all solvable, but only if you have time to correct them.

Before submitting, ensure that your cover letter, CV, and references tell a coherent story, not three different versions of your biography.

Why are applicants rejected even with good grades?

Bocconi is a competitive university, and good grades alone do not guarantee admission. Here are the most common reasons for rejection:

  • Lack of a clear academic goal. The applicant cannot explain why this program is right and why now;
  • Weak motivation letter. General statements instead of a specific personal story and professional plans;
  • Unprepared profile. No extracurricular activities, internships, or projects—only grades;
  • Late start. Documents are submitted in the last round, scholarship funds have already been allocated, and the application appears ill-conceived;
  • Errors and inconsistencies in documents. Discrepancies between what is written in the CV and what is stated in the motivation letter;
  • Incorrect funding expectations. The applicant expects a full scholarship without understanding the criteria and competition. Weak SAT or Bocconi Test scores. The test accounts for approximately 50–55% of the admissions decision;
  • Insufficient preparation for language requirements. The language certificate was passed perfunctorily, without taking into account the program’s minimum requirements.

How SelfStart Global Helps You Get into Bocconi University

Admission to Bocconi is a competitive process, requiring professional assistance. SelfStart Global supports you throughout the entire admissions process, from the initial assessment to the final offer.
Profile Assessment. The first step is an honest assessment of your current situation: your academic background, test scores, extracurricular experiences, and career goals. This allows you to understand what works in your favor and what needs to be strengthened before applying.

Admission Strategy

Based on the assessment, a personalized plan is developed: which program best suits your profile, which round to apply in, and which documents require priority attention.

Document and positioning work

Motivation letter, CV, interview preparation (if applicable) – SelfStart Global experts help you craft a cohesive, compelling story that aligns with Bocconi’s search.

Scholarship Strategy

In parallel with the admissions process, all available funding options are explored: Bocconi’s internal programs, external funds, and a combination of both. The goal is to minimize the actual cost of tuition.

Support until the end

Our team works with you every step of the way, from the first draft of your email to the moment your enrollment offer arrives in your inbox.

Get a Consultation

FAQ: Questions and Answers about Bocconi University

Below are the most frequently asked questions that applicants ask when preparing to enter Bocconi University.

Is Bocconi University private or public?

Private. Università Bocconi is an independent private university founded in Milan in 1902. It is self-funded and is not part of the Italian state university system.

In what language is the instruction conducted?

Most undergraduate and graduate programs are taught in English. Some programs are taught in Italian. It’s best to check the language of a specific program on the university website before applying.

How much does tuition cost for international students?

The basic tuition for the 2025–2026 academic year is €16,700 per year for undergraduate studies and €18,200 for master’s studies. This amount can be reduced through scholarships and financial aid.

Is it possible to get a scholarship?

Yes, and for many international students, this is a realistic scenario. Bocconi offers both merit-based and need-based programs, including coverage of up to 100% of tuition. Early and high-quality application submission is key.

When should I start preparing for admission?

Ideally, 18–24 months. 12 months is a stretch. Submitting documents without preparing your profile first significantly reduces your chances.

Is Bocconi suitable for non-EU students?

Yes. Bocconi actively welcomes international students; most programs are taught in English, and the campus is international. Non-EU students are required to obtain a student visa and health insurance.

Which documents are the most important?

Academic transcripts, SAT/ACT or Bocconi Test scores, language certificate, motivation letter, and CV. For master’s programs, additionally required are letters of recommendation and, in some cases, GMAT/GRE scores.

Does Bocconi accept students without a GMAT?

It depends on the program. Some master’s programs require the GMAT or GRE, while others do not. Specific program requirements should be verified on the official website.

Does Bocconi have double degrees?

Yes. Bocconi runs joint programs with universities such as LSE, Sciences Po, and Columbia—a valuable option for those looking to combine two academic environments.

How competitive is admission?

Bocconi is one of the most competitive universities in Europe in its specialization. The winners are those with the most developed profiles, not just the highest grades.

Related articles

Get a free consultation

Leave your contacts — our consultant will get in touch

    How should we contact you?