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Programs : Brochure

  • Locations: Milan, Italy
  • Program Terms: Fall, Spring
  • Budget Sheets: Fall, Spring
Fact Sheet:
Fact Sheet:
Click here for a definition of this term Language of Instruction: English, Italian Click here for a definition of this term Language Prerequisite: See Program Description
Minimum Cumulative GPA: 3.0 Click here for a definition of this term Credit Available For: College, Wharton
Other Eligibility Requirements: See Program Description Click here for a definition of this term Type of Program: Semester/Year Study Abroad
Click here for a definition of this term Housing Options: Apartment/Off-Campus, University Residence Hall/Apartment Click here for a definition of this term Application Deadline: Fall/Year: February 15, Spring: October 1
Program Description:

Bocconi University
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Bocconi University (Università Bocconi) is a private university located near the city center of Milan.  Founded in 1902, Bocconi was the first university in Italy to grant a degree in economics, and today is recognized as one of Europe’s leading institutions in business and economics education.  The university has a student body of approximately 9,000 undergraduate and 4,500 graduate students, of whom approximately 1,300 are exchange students studying at Bocconi for a semester or academic year from 230 partner institutions across the globe.
Check out more on Bocconi!
The City of Milan

Located in the north of Italy, Milan (Milano) is the capital of the Lombardy (Lombardia) region, and the second largest city in the country.  Known as the economic and production capital of Italy, Milan has a population of over 1.3 million people, with an additional 3 million making up the greater metropolitan area.  This cosmopolitan, modern, and forward-looking city is world-renowned as a European capital of fashion, design, architecture, publishing, modern art, and music. 

Check out more on Milan tourism!

Did you know…?

Leonardo da Vinci’s famous “The Last Supper” (“L’ultima cena”) is housed in the refectory of Milan’s Chiesa di Santa Maria delle Grazie.

La Galleria Vittorio Emanuele II, one of the world’s oldest shopping malls, is a pleasant 30 minute walk from Bocconi’s main academic buildings.  A historical site in its own right, the Galleria connects two of Milan’s most famous landmarks: la Basilica Cattedrale Metropolitana di Santa Maria Nascente and il Teatro Alla Scala, better known as il Duomo and La Scala, respectively.


The program at Bocconi University is for Wharton students and declared College Economics majors only.

There are a limited number of spots for Penn students at Bocconi.  All candidates should identify a second choice program.  Priority will be given to juniors and first semester seniors.

The Wharton Program

Minimum GPA Requirement: 3.0

Language Prerequisite: Successful completion of at least ITAL 110 or 112, or the equivalent, by the end of the academic semester (fall or spring) prior to departure.  Wharton students may be permitted to take ITAL 110 or 112 pass/fail.*

The College Economics Program

Minimum GPA Requirement: 3.0

Language Prerequisite: Successful completion of at least ITAL 110 or 112, or the equivalent, by the end of the academic semester (fall or spring) prior to departure.  College students must take ITAL 110 or 112 for a grade.*

Previous Study: Successful completion of MATH 104 & 114, ECON 001, 002, & 101.

*The Wharton and College Economics Program: Taking ITAL110 at Penn before starting the program is a requirement. Students now have the option of taking ITAL 110 in the summer session here at Penn (if it is offered) if they are unable to take the course during the fall or spring semesters. It is recommended that students take the course during the fall or spring academic semesters due to the fact that ITAL110 is not guaranteed to be offered during summer sessions. If a student chooses to take the course during the summer, approval to participate in the program during the fall semester will be revoked in cases in which the course is canceled or students do not get the required passing grade.

Language of Instruction

English or Italian

Huntsman students must have at least 1 course taken in their target language.


A full course load at Bocconi consists of four (4) classes per semester.  Penn students must maintain a full course load while abroad and may only enroll in courses at the undergraduate level.

Bocconi Academic Calendar
Bocconi Course Catalog for Incoming Exchange Students

Grading Scale

As on all Penn Abroad programs, grades are recorded on the Penn transcript and are calculated in the cumulative grade point average.  Be sure to review Penn Abroad’s academic policies.

Italian universities award grades on a thirty point scale (i.e., 18 is considered passing, optimal grades are in the upper 20s).  Students are frequently assessed solely on the results of a final exam (written or oral).  Grades are reported to Penn on the Italian scale and then converted to Penn grades according to standard Italian – U.S. grade equivalencies:

Bocconi Grade Penn Grade
29-30 A
28 A-
27 B+
26 B
25 C+
24 C
22-23 D+
18-21 D
17 and below F

BMI Special Features Orientation Activities

All Penn students are required to attend the orientation activities organized by Bocconi’s International Student Desk prior to the start of each semester.  Check out more on Bocconi''s Orientation activities.

Italian Language Crash Courses

The International Student Desk at Bocconi organizes optional, non-credit bearing, Italian language courses for incoming exchange students.  Check out more on Bocconi's language courses.
Student Associations

Penn students studying at Bocconi have access to a wide range of student activities and associations.  More information on student engagement will be provided by the International Student Desk at orientation.

BMI AccomodationsParticipants must be willing to live under local conditions for students.

Incoming Exchange Students may apply to live in one of Bocconi’s seven self-catered residence halls, which house international students as well as Italian students.  Rooms in university housing are limited, therefore Bocconi is often unable to accommodate all applicants.  Students must be willing to find their own accommodation in Milan, if necessary.

Students who do not wish to live in a residence hall, or are not assigned to Bocconi housing, may find an apartment on their own. It is recommended that students looking for their own accommodation arrive in Milan at least two weeks prior to the start of the program and book temporary accommodation during their search.

Check out more on the accommodations. Additional information is also helpful to be aware of.

Penn Abroad Financial Policies

Students are charged Penn tuition and academic fees for all Penn Abroad programs.  Additional expenses will typically include items such as housing, visas, and airfare.  Please see the program budget sheets below for more information.  Be sure to review Penn Abroad’s financial policies.

Financial Aid and Study Abroad

In most cases, financial aid applies to Penn-approved programs.  Student Financial Services reviews program budget sheets each semester to determine how to appropriately adjust your aid package. Visit SFS's website for more information on how Financial Aid will work during your semester abroad.

Budget Sheets


Scholarship Opportunities

Benjamin A. Gilman International Scholarship Program: Competition for awards for study abroad, for US citizen students who are receiving federal Pell Grant funding at a 2-year or 4-year college or university.

Please review the Penn Abroad application process, policies, and procedures. To open an application or learn more about the program, please schedule an appointment with a Penn Abroad Global Programs Manager. For a student perspective on life and academics in Italy, contact a Penn Abroad Past Participant.