Fees & scholarships
A challenging but high-return investment
Participation in the MAFED program requires a substantial financial commitment. However, it is a strategic investment that delivers high future returns—both personally and professionally.
Fees & expenses
Application fee: €120
The fees include
- Internal teaching material used during the program (some books are not included)
- Visits to companies and institutions (includes organization and transport – excludes lodging and food)
- Access to the Bocconi University library and online database.
Participants must provide their own laptop.
- 1st Installment
€ 10,000
upon acceptance of admission - 2nd Installment
€10,000
by 27 February 2026 - 3rd Installment
€10,000
by 30 April 2026 - 4th Installment
€10,000
by 30 June 2026
Other expenses
Fees do not include accommodation or living expenses. Personal expenses will vary significantly depending on your lifestyle. In general, the cost of living in Milan is comparable to that of other major European cities. We aim to provide you with a forecast of monthly expenses as experienced by MAFED students in recent years:
- Housing: € 800-1500
- Meals: € 450
- Transport: € 100
- Misc. Expenses: € 350
Total € 1,700 - €2,400
Scholarships & tuition waivers
Each year, SDA Bocconi School of Management makes multiple merit-based scholarships and tuition waivers available for outstanding candidates, thanks to the ongoing support of companies, organizations, alums, and current students.
Applications are evaluated according to the following criteria:
- Analysis of the requirements indicated in the specific notice of competition
- Analysis of academic and professional records
- Results of the MAFED selection process
To be eligible for a tuition waiver, applicants must:
- Submit their application for the MAFED 2026 program
- Review the pre-requisites for each tuition waiver
- Flag the tuition waiver option through the online application portal by the indicated deadline
Important:
- Applicants will be considered eligible for a tuition waiver only after completing the MAFED application, including the online form and all supporting documents.
- You can apply for scholarships and tuition waivers even if your selection process is still in progress. However, only admitted candidates will be evaluated for the awarding of a tuition waiver or scholarship.
- If you meet multiple requirements, you may apply for more than one scholarship or tuition waiver.
The tuition waivers will be awarded during the selection process and no later than the starting date of the MAFED 2026 Program.
Participants are encouraged to explore various funding opportunities available in different countries, such as employer sponsorships or scholarships provided by private foundations, international organizations, or local governments.
Tuition Waivers
Grants covering 10% to 25% of the program cost, totaling €40,000, may be awarded upon admission to the MAFED program.
To apply, select the relevant "Partial Merit-Based Tuition Waiver" and apply through your online application, even if your selection process is still in progress. Funding is limited, so early application is encouraged, to have better chances of an award.
€ 40,000 in partial Merit-Based Tuition Waivers
Partial Merit-Based Tuition Waivers (from 10% to 25%)
Tuition Waivers for Excellent MAFED candidates
4 Partial Merit-Based Tuition Waivers
Tuition Waivers for Excellent MAFED candidates
2 Partial Merit-Based Tuition Waivers
Candidates Athletes (For All Full-Time Specialized Masters)
2 Partial Tuition Waivers
Four partial tuition waivers, covering up to €16,000, and two partial tuition waivers up to €12,000 are awarded across four rounds over the year.
Loans & funding for candidates
The school assists candidates with their search for funding by supplying the necessary documentation and encouraging them to explore all scholarship and loan possibilities. SDA Bocconi provides opportunities for low-interest loans to admitted students (International students, Italian students), thanks to agreements with partner banks. Loan applications must be submitted by the end of month that follows your Master starting date.
Furthermore, the University provides international students with information about possible sources for financing in several countries. For further information, please visit the Università Bocconi website.
Funding for International Students
- North America
- Latin America
- Europe
- Asia
- Oceania
🇦🇺 Australia 🇳🇿 New Zeland
If you need further clarification on program fees, scholarships, or funding opportunities, please contact the Admissions team:
