MSc in Finance

Università Bocconi
Milan, Italy
Fees
€18,550 per year — the 2026-27 maximum, the latest Bocconi publishes; no 2027-28 schedule yet. Income-modulated, with Bocconi4Access waivers of 20% or 60%
Duration
2 years
GMAT Range
Required · GMAT 500/800 or GMAT Focus 485/805 minimum
Employment
82%
2026 report · 3 months out
Language
English

Facts verified against official sources · last checked September 2026 · see sources

Key facts

The MSc in Finance at Università Bocconi runs 2 years in Milan, Italy, with tuition of €18,550 per year — the 2026-27 maximum, the latest Bocconi publishes; no 2027-28 schedule yet. Income-modulated, with Bocconi4Access waivers of 20% or 60%. A GMAT or GRE is required (typically Required · GMAT 500/800 or GMAT Focus 485/805 minimum).

Location
Milan, Italy
Length
2 years
Tuition
€18,550 per year — the 2026-27 maximum, the latest Bocconi publishes; no 2027-28 schedule yet. Income-modulated, with Bocconi4Access waivers of 20% or 60%
Test policy
GMAT/GRE required (typical Required · GMAT 500/800 or GMAT Focus 485/805 minimum)
Taught in
English
Employment (2026 report, 3 months out)
82%

Bocconi’s MSc in Finance is a two-year, English-taught specialist finance master’s in Milan, placed 26th worldwide in the Financial Times ranking Bocconi cites for 2026 and 6th in Europe for Accounting and Finance in the QS World University Rankings by Subject 2026.¹ It is a separate degree from the MSc in International Management, which is the Bocconi programme ranked in the FT Masters in Management table.

Overview

Two years, taught in English, at Bocconi’s downtown Milan campus.¹ The distinguishing feature against most of the French and British finance master’s on this site is structural rather than academic: Bocconi is an Italian private university operating under Italian fee law, so what you pay depends on your family’s financial position, not on a single published sticker.

Class Profile

Bocconi publishes no class size and no cohort demographics for this programme, so none are stated here. The only cohort-shaping facts it publishes are the entry floors below.

Application & Deadlines

**A test is mandatory, and unusually, Bocconi publishes the floors.**³ It states that “a GMAT score is required for the selection process” and that an application is not evaluated without a GMAT, GRE or the online Bocconi test. The published minimums:

testminimum
GMAT (standard)500 / 800
GMAT Focus Edition485 / 805
GREcombined Verbal + Quantitative; Analytical Writing not considered. Lowest listed acceptable combination V130 / Q165
certain dual degreesGMAT 555, or a GRE equivalent with at least 150 in each section

Bocconi publishes no class-average score, so a 500 floor is a floor and not a target.

The application calendar that opens on 1 October 2026 runs four dated rounds — 1–29 October 2026, 30 October to 20 January 2027, 27 January to 11 March 2027, and 12 March to 29 April 2027 — plus a Round V listed with no dates.⁴ The rounds serve Bocconi’s Master of Science portfolio as a whole rather than this programme alone, and the page does not label the intake year in text, so this profile identifies the calendar by its opening date rather than reproducing a label it cannot verify. You may name up to five programmes in a single application. If you are weighing a Master in Management alongside it, compare every European MiM round on our interactive deadlines timeline (it tracks the Master in Management, not this programme).

Tuition, Scholarships & Funding

€18,550 a year is the 2026-27 maximum for a first-year Master of Science student — about €37,100 across the two years, which is what this profile sorts on.² It is the latest table Bocconi publishes: there is no 2027-28 schedule, so anyone applying through the rounds that open in October 2026 should treat this as a floor rather than a quote.

But the maximum is the wrong number for many applicants. Tuition is income-modulated, and the Bocconi4Access to Education grant applies partial waivers of 20% or 60%:

per yeartwo-year total
Maximum€18,550~€37,100
20% waiver€14,840~€29,700
60% waiver€7,280~€14,600

Bocconi states that the first installment includes the registration fee, regional tax, fixed stamp duties and administrative fees, and that amounts are adjusted for inflation across the degree’s legal duration. Read the waiver bands before comparing this against a fixed-fee French or British programme — the comparison is not like for like.

Career Outcomes

Bocconi publishes employment but no salary figure, so this profile states none.¹ What it does report: 82.7% employed on graduation day, 94.9% employed one year after graduation, and 60.8% of graduates working abroad — the last of which is high for an Italian programme and is the number most worth weighing if you are choosing Milan for an international career rather than an Italian one.

Campus & Life

The MSc in Finance is taught at Bocconi’s Milan campus, in the city that is Italy’s financial centre and hosts the Borsa Italiana. Bocconi was founded in 1902 and its finance and economics faculties are the strongest-ranked part of the university internationally. Applicants weighing this against Bocconi’s generalist route should read the MSc in International Management profile beside it — the two differ in ranking table, length of specialisation and career destination, though they share the same fee law and the same admissions calendar.

Frequently asked questions

How is the Bocconi MSc in Finance different from the MSc in International Management?
The MSc in International Management is Bocconi's generalist management master's and the one ranked in the FT Masters in Management table. The MSc in Finance is a specialist two-year finance degree, taught in English in Milan, placed 26th worldwide in the Financial Times ranking Bocconi cites for 2026 and 6th in Europe for Accounting and Finance in the QS subject rankings 2026.
Is the GMAT required for the Bocconi MSc in Finance?
Yes. Bocconi states that a GMAT score is required for the selection process and that an application is not evaluated without a GMAT, GRE or the online Bocconi test. The published floors are 500 out of 800 on the standard GMAT and 485 out of 805 on the GMAT Focus Edition; the GRE is judged on combined Verbal and Quantitative scores, with the lowest listed acceptable combination at Verbal 130 and Quantitative 165.
How much does the Bocconi MSc in Finance cost?
The 2026-27 maximum is €18,550 a year, so about €37,100 across the two years — and that is the latest table Bocconi publishes, with no 2027-28 schedule yet. Tuition is income-modulated: the Bocconi4Access to Education grant applies partial waivers of 20% or 60%, taking the annual figure to €14,840 or €7,280. The first installment includes the registration fee, regional tax, stamp duties and administrative fees.
When are the Bocconi application rounds?
The calendar that opens on 1 October 2026 runs Round I from 1 to 29 October 2026, Round II from 30 October 2026 to 20 January 2027, Round III from 27 January to 11 March 2027, and Round IV from 12 March to 29 April 2027. A Round V is listed with no dates published. The rounds apply to Bocconi's Master of Science portfolio as a whole, and you may name up to five programmes in one application.
What are the employment outcomes for the Bocconi MSc in Finance?
Bocconi reports 82.7% of graduates employed on graduation day and 94.9% employed one year after graduation, with 60.8% working abroad. It publishes no salary figure for the programme, so we state none.

Sources

  1. Università Bocconi — MSc in Finance, official programme page (read 2026-09-09: 'Master of Science in Finance', 2 years, taught in English, Milan; '26th worldwide' in the FT ranking 2026 and '6th in Europe' for Accounting and Finance in the QS World University Rankings by Subject 2026; 82.7% employed on graduation day, 94.9% employed one year after graduation, 60.8% working abroad. No tuition figure, entry requirement, application round or class size is published on this page.) unibocconi.it ↗ — Università Bocconi (retrieved Sept 2026)
  2. Università Bocconi — applicable fees and installments, Master of Science (read 2026-09-09: maximum €18,550 per year for a first-year MSc student, academic year 2026-27; income-modulated, with Bocconi4Access to Education partial waivers of 20% or 60% giving €14,840 or €7,280; the first installment includes the registration fee, regional tax, fixed stamp duties and administrative fees; amounts adjusted for inflation across the degree's legal duration.) unibocconi.it ↗ — Università Bocconi (retrieved Sept 2026)
  3. Università Bocconi — GMAT and GRE test (read 2026-09-09: 'A GMAT score is required for the selection process'; applications are not evaluated without a GMAT, GRE or the online Bocconi test; minimum 500/800 standard GMAT and 485/805 GMAT Focus; GRE judged on combined Verbal + Quantitative with Analytical Writing not considered, lowest listed combination Verbal 130 / Quantitative 165; certain dual degrees require GMAT 555 or a GRE equivalent with at least 150 in each section. No class-average score published.) unibocconi.it ↗ — Università Bocconi (retrieved Sept 2026)
  4. Università Bocconi — Master of Science application timeline (read 2026-09-09: Round I 1–29 October 2026, Round II 30 October 2026 – 20 January 2027, Round III 27 January – 11 March 2027, Round IV 12 March – 29 April 2027, and a Round V listed with no dates. The page does not label the intake year in text; up to five programmes may be named in one application.) unibocconi.it ↗ — Università Bocconi (retrieved Sept 2026)

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