Fees and scholarships
A challenging but high-return investment
Participation in the MAMA 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
€ 7,500
upon acceptance of admission - Second installment
€ 7,500
by 26 November 2026 - Third installment
€ 7,500
by 28 January 2027 - Fourth installment
€ 7,500
by 29 April 2027 - Teaching material
- Courses in Italian language, with the possibility of attaining the CILS qualification of Italian language proficiency
- MAMA Grand Tour in Italy
- Housing: € 800 - 1500
- Meals: € 450
- Transports: € 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 MAMA students in recent years:
Total € 1,700 - 2,400
The Program may involve company presentations and visits to Italian cultural institutions. Those extracurricular activities (held in the period October- May) will be day trips from Milan: transportation costs are to be covered by students.
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 MAMA selection process
To be eligible for a tuition waiver, applicants must:
- Submit their application for the MAMA 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 MAMA 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 MAMA 2025-2026 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 MAMA 2026-2027
Upon admission
Grants covering 10% to 25% of the program cost, totalling €30,000, may be awarded upon admission to the MAMA 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
Two partial tuition waivers, covering up to 25% of the total program cost, are awarded across three rounds over the year.
To apply, select the relevant "Outstanding Candidates Tuition Waiver" and apply through your online application, even if your selection process is still in progress. Applying early increases your chances of being considered in all four rounds.
Note: Admission to the program is independent of the awarding of any scholarship or tuition waiver.
Tuition waivers for candidate Athletes
SDA Bocconi School of Management is also making available 2 merit-based tuition waivers of € 20,000 each to all 2026/27 Full-Time Specialised Masters’ candidates with an outstanding athletic background who can offer clear evidence of significant athletic activities (preferably in one of these 3 sports: basketball, volleyball and waterpolo) at a competitive level, such as participation in or selection for competitions or tournaments organized at national or international level prior to the date of enrollment.
Jean Monnet Scholarship Program
MAMA is one of SDA Bocconi’s Master programs listed as eligible by the Jean Monnet EU scholarship scheme (JM). The JM scholarship is awarded to Turkish citizens willing to join EU universities (1-year full-time Master programs taught in English). Find more details on the JM website, where all scholarship criteria and application instructions are provided.
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 partners with a number of financial institutes offering low-interest loans to admitted and eligible students. Our partner institutes are:
- Prodigy Finance for international students (please refer to the eligibility criteria);
- Italian Banks for Italian and European students (please note that applications for loans issued by Italian Banks must be submitted by the end of the month following the starting date of your Master).
- Bocconi offers Support Programs to student-athletes who participate in sport competitions at regional, national and international level. Find out more here.
Furthermore, the University provides information about financing sources for international students from a large number of countries. For further information, please visit Bocconi University’s 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:
