Fees and 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 and expenses
- First installment
€ 10,000
upon acceptance of admission - Second installment
€10,000
by 27 February 2026 - Third installment
€10,000
by 30 April 2026 - Fourth installment
€10,000
by 30 June 2026 - 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.
- Housing: € 800-1500
- Meals: € 450
- Transport: € 100
- Misc. Expenses: € 350
Application fee: €120
The fees include:
Participants must provide their own laptop.
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:
Total € 1,700 - €2,400
Scholarships and 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 MAFED 2026
Upon admission
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.
Four rounds during the year
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 and funding
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
Contact us
If you need further clarification on program fees, scholarships, or funding opportunities, please contact the Admissions team:
