Admissions

All the Requirements to Join the MCF

The MCF admission process is rigorous and designed not only to determine whether you are qualified for the MCF program, but also whether the program will meet your expectations and career goals. The selection process is based on an overall analysis of various factors including skills, talents, and formal pre-requisites.

You are required to have:

A university degree in any discipline
Fluency in English
GMAT/GRE or SDA test
An interview with the program director
Around 2 years’ working experience

What We Need from You

Degree Certificate and Transcript

You are required to submit an official transcript or certified copy of your grades (in English or Italian) and a certified copy of your degree certificate from the college or university you attended. This must include grades for individual subjects with the grading scale, the type of degree, the date of graduation and the dates of enrolment.

Applicants who obtained a university degree in Italy must provide a self-declaration of the Degree Certificate and Transcript (form provided by your university). This self-declaration is only for students who graduated from Italian universities, the so called “Dichiarazione sostitutiva di certificazione”.

Proficiency in English

MCF is held entirely in English, thus all applicants must be highly proficient in written and spoken English. If English is not your mother tongue, you must submit a result of the TOEFL, IELTS, PTE Academic or CPE tests.

At the testing site, you can specify that your results must be sent directly to SDA Bocconi (TOEFL School Code: 0698, PTE School Code: R7G-6R-23). If you have already taken one of these tests, the original results must be sent directly to the School.

If you have taken a Cambridge English Language Test (such as CAE C1 or CPE C2), please send us your score following the procedure here.

Candidates for the MCF 2023-2024 edition must take a test by June 2023 and test results prior to January 2021 are no longer valid.

A test result may be waived for mother-tongue English speakers and for students who did their degree in English, or can document significant professional experience in an English-speaking country.

Two References

References must be from people who know you well, and can comment knowledgeably on your professional and/or academic background, providing a detailed evaluation of your qualifications for our MCF.

The contact details of your referees (name, surname and email address) will need to be uploaded on the automatic tool of the online application form.
The referees will then receive a form to be filled out and submitted to us.

GMAT/GRE or SDA Test

The GMAT (or GRE) is mandatory for all applicants. This is an internationally recognized test in English that evaluates your quantitative, verbal, and analytical skills. Although there is no required minimum score for admission, a high score is beneficial during the admission process. Candidates for the MCF 2023-2024 edition must take a test by June 2023 and test results prior to January 2018 are no longer valid.

When the test is taken, the name of the school should be specified, which will allow our Admission Services to receive the results directly. The GMAT identification code for the MCF is 3WJ-L8-42 and for the GRE is 3710.

Alternatively, you can ask Admission Services to take the SDA Test, organized by SDA Bocconi, which assesses quantitative, logical, and verbal skills. Enrolment for the test is organized directly through Admission Services after submission of the application for admission. The fee for the SDA Test is € 100.

CFA Certificate (optional)

The CFA score is considered additional and preferential through the selection process.

Choice of MSGF Fordham University (optional)

If you are interested in obtaining the Master of Science in Global Finance from Fordham University via a collaborative agreement between SDA Bocconi and Fordham University, you have to take the GMAT or GRE (the request to take the SDA test will not be accepted).

You can be admitted to the MCF-MSGF by the end of January 2024, according to the evaluation of your class.

The tuition fee for the MCF-MSGF Fordham University is €50,480.

The application must also be accompanied by:

Copy of your passport or ID
Payment of EUR 120 admissions fee (using the special form within the application form)

How to Apply

Fill out and submit the online application through our website and upload all required documents to the “Documents” section of your online application.

Kindly notice the application portal is an independent system, therefore your SDA Bocconi website (www.sdabocconi.it) credentials are not to be used. Please proceed with a new registration.

For further clarification on individual applications, please contact the Admissions Service.

SDA Bocconi, Masters Division

Recruiting and Admissions Service - MCF

Tel +39 02 5836 3115

admissions.mcf@sdabocconi.it

Admission Process

The application is available exclusively online and must be completed in English. The selection process begins on 5^th December 2022 and closes on 10^th July 2023 (deadline extended until 20^th August 2023).

Applications are examined on a rolling basis. Those received well in advance of the deadline have a greater chance of being admitted. Therefore, it is in your best interest to submit your application as early as possible.

When we receive your application, we carry out a pre-selection based on the documents you sent. The Admissions Committee lets you know if you are considered suitable to proceed with the selection process.

If so, you will be required to have an interview, which may be held at SDA Bocconi in Milan or remotely (by phone or Microsoft Teams). This will allow you to show that you have the essential skills, talents, and motivations that are essential to getting the most out of our MCF program.

The final result will be communicated once the application is complete, which means all documents must have been received and tests completed. You will receive a formal letter from Admissions Service (results are never communicated via telephone). The selection process will yield one of the following results:

Admission: If you are accepted, alongside the official admission notice you will receive a participation contract.
If all available places are occupied, the school may decide to put you on a waiting list or offer you admission for the following year.
Admission to the program is valid for the year the application is submitted. However, you can request deferment to the following year, but approval of deferment is on a case-by-case decision by the Admissions Committee.

Non-Admission: Admission to the program is highly selective. The selection process assesses the profile of the individual candidate while taking into account the composition of the MCF class, which must be consistent with the quality and diversity the School requires. While we are aware of the deep commitment all candidates must make to go through the selection process, the school does not provide further clarifications to non-admitted candidates.

Tuition Fees

The total fee for the MCF 2023-2024 program is € 36,000 to be paid in four installments

First Installment

€ 9,000
on acceptance of admission offer

Second Installment

€ 9,000
by 02 January 2024

Third Installment

€ 9,000
by 29 February 2024

Fourth Installment

€ 9,000
by 30 April 2024

The total fee for the MCF - Master of Science in Global Finance (MSGF) 2023-2024 program at Fordham New York University is € 50,480 to be paid in five installments

First Installment

€ 9,000
on acceptance of admission offer

Second Installment

€ 9,000
by 02 january 2024

Third Installment

€ 9,000
by 29 February 2024

Fourth Installment

€ 9,000
by 30 April 2024

Fifth Installment

€ 14,480
upon receipt of the invoice

The fees include:

Most teaching material (although some texts must be purchased separately)
Access to SDA Bocconi’s facilities and database

Personal expenses will vary significantly depending on each individual's lifestyle. In general, the cost of living in Milan is comparable to that of other major European cities. We aim to provide you with an accurate expectation of monthly expenses based on information provided by MCF students in recent years:

- Housing € 800 - 1500
- Meals: € 450
- Transports: € 100
- Misc. Expenses: € 350

Total: € 1,700 - 2,400

Scholarships & Tuition Waivers

Each year, SDA Bocconi School of Management offers multiple scholarships and tuition waivers. These are awarded on the basis of merit to candidates with an outstanding profile.

SDA Bocconi School of Management makes available 10 partial merit-based tuition waivers to 2023-2024 candidates with an outstanding profile.

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 MCF selection process

To be eligible for a tuition waiver, applicants must:

Have sent the application to the MCF 2023-2024
Look at the pre-requisites for the tuition waiver
Flag the tuition waiver option through MyApplication by the deadline indicated

The tuition waivers will be awarded during the selection process and no later than the starting date of the MCF 2023-2024 Program.

You can apply to the scholarship/tuition waivers even though your selection process is still in progress.

Admission to the program is independent of the awarding of any scholarship or tuition waiver.

If you meet more than one requirement, you can apply to multiple scholarhsips/tuition waivers.

Tuition Waivers MCF 2023-2024 Edition (Expired)

Women in Finance (in memory of Sir Hugh Rossi)

1 Partial Tuition Waiver

ESG in Finance (in memory of Sir Hugh Rossi)

1 Partial Tuition Waiver

Female

2 Partial Tuition Waivers

Africa

1 Partial Tuition Waiver

Asia & Middle East

1 Partial Tuition Waiver

Europe

1 Partial Tuition Waivers

Latin America

1 Partial Tuition Waiver

Degree other than Economics

2 Partial Tuition Waivers

Nova Talent

1 Partial Tuition Waiver

Candidate Athletes
(For All Full-Time Specialized Masters)

2 Partial Tuition Waivers

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:

Prodigy Finance for international students and Italian students (Italian students are only eligible if they meet certain conditions: please refer to the eligibility criteria).
Italian Banks for Italian students and European students. Italian Banks loan applications must be submitted by the end of month that follows your Master starting date.

Bocconi offers Support Programs for student-athletes involved in competitive sports who participate in competitions at regional, national and international level. Find out more here

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

Recruiting & Admissions Service

A whole team of experts is here to assist you during your decision process: our recruiting people will be meeting you during our events in Italy and abroad; a team of professionals will then assess and select your profile and also guide you throughout your admissions process.

Rossana Camera

Head of Recruiting & Admissions Service

Recruiting

Giorgia Bava

Recruiting Coordinator

Fabrice Charlot

Priscilla Gatto

Tyler Henderson

Valentina Mardegan

Paula Rotaru

Marta Tettamanti

Summer Wu

Admissions

Mario Adamo

Asia Dossi

Tamara Kolundzija

Giusy Marchesano

Viviana Puricelli

Giulia Rivino

Elena Ruffinazzi

Lorenzo Starita

International Student Care

Francesca Roveda

If you want to learn more about our International Student Care service, click here.

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