What is the total cost of Bocconi MFin for international students, including living expenses in Milan?

Question

T Mehta · Accepted Answer

The total cost of Bocconi&rsquo;s MFin for international students is usually around &euro;52,000&ndash;&euro;55,000 once tuition and living expenses are combined. Tuition is &euro;18,000 per year, so &euro;36,000 for the full two-year program.
Living in Milan adds another &euro;16,000&ndash;&euro;18,000 across two years if budgeting carefully. Housing is the biggest expense: shared flats near Bocconi often cost &euro;700&ndash;&euro;900 monthly, while university housing is cheaper but limited. Groceries and transport average &euro;350&ndash;&euro;450 a month, though eating out in Milan can quickly push this higher.
It&rsquo;s also worth accounting for smaller but mandatory costs like regional tax and administrative fees, which add a few hundred euros annually. These don&rsquo;t seem large compared to tuition, but they matter for planning an accurate budget. Factoring all this in, most students end up spending closer to &euro;52,000 overall for the program.

Hema A · Answer

Most people underestimate how much Milan living adds on top of Bocconi&rsquo;s tuition. Here&rsquo;s a realistic breakdown:
&bull; Tuition is &euro;18,000 per year, so &euro;36,000 for the two-year MFin. &bull; Rent near campus is usually &euro;700&ndash;&euro;1,000 monthly, depending on whether it&rsquo;s a shared flat or studio. &bull; Daily expenses for food, transport, and personal costs average &euro;400&ndash;&euro;500 per month. &bull; Annual living costs are around &euro;9,000&ndash;&euro;10,000, which means &euro;18,000&ndash;&euro;20,000 across two years.
Another overlooked cost is health insurance and visa fees, which together add roughly &euro;1,000&ndash;&euro;1,200 over the duration of the degree.
So in total, most international students spend between &euro;54,000 and &euro;57,000 for the complete program. Careful choices with housing and cooking at home can bring this down, but Milan generally falls on the higher side compared to other European student cities.
For more details you can read this blog on "Bocconi MFin Fees"