My future after Bocconi?

TvK's picture
Rank: Monkey | 46

Hi!
I will be attending the Bocconi University in Milan in September, with the course "Bachelor in international economics and Finance". I wanted to know some more about the recognition of this university internationally and on the job market. How well is this university known in the US and in China (Hong-Kong and Shanghai)? What kind of salary can I expect after graduation (I will be 20 then and I already speak 5 languages)? Should I stay in my course "Bachelor in International Economics and Finance" or move to "Bachelor in International Economics and Management"? If you had to campare the prestige of the Bocconi to US Colleges, which would they be?
And if you have any other information about this university please let me know!
Thanks in advance for your answers :)

Comments (22)

May 22, 2014

Bocconi is legit in the finance industry within Europe. Everybody from GS to LAZ recruits on campus, and it is very well-represented in London. Not sure about the US/HK though. If you want to work in the US long-term, a US school of equal quality would be a better decision. The upside for Bocconi would be that it is fairly easy to get generous scholarships if you are from a lower-income or a central/eastern European country. Depending on your situation this may or may not be a factor.

As for salary expectations, this depends largely on your future career goals, but if you get into a good finance job, you will have a comfortable life money-wise. For specifics, use the search bar as this has been discussed thoroughly on the forum before. Best of luck!

May 22, 2014

Thanks a lot! I'll check out the other posts. I applied to the US too, but university costs are way to high (45 to 60 K per year). And still, Bocconi, with 11K per year, is considered a very expensive university in europe

May 22, 2014

That is something I am trying to figure out as well. I have an offer from imperial and I am not sure, at this point, if it is good idea to take it. Based on my conversion with an American professor who had an MBA from Stanford, as long as you are not a graduate from LBS (not LSE), it is all same to the U.S companies: you suck.

May 22, 2014

While there is some truth to that, take your professor's views with a grain of salt. EU B school prestige is not a part of Stanford MBA course work

May 22, 2014

Maybe, maybe not. But considering the fact that he once worked at GS, I would say his opinion carries a lot weights. This could well be how the Americans see the European business education. So if OP wants to get a job at the U.S., I think he should better look into those U.S ones. As for the Asia pacific, I have no idea and I am trying to figure out as well. It may well help me determine if I should study at the imperial.

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May 23, 2014

Those are pretty tough comments... But the US is too expensive. Could you ask your professor again about Bocconi? I'd be very interested in his opinion.

May 23, 2014

Walter Wang is right on the money. If you are talking about an MBA only LBS carries any real value in the US. That being said Bocconi is a well regarded finance institution in Europe. It's prestige doesn't translate to the US or Asia Pacific. If you want HK or SG you would have an excellent chance if you can do your Msc at LSE or Imperial. Those schools are big targets especially in HK but also in SG.

May 23, 2014

My conversion with this American professor started with: imperial is not a target school, it is no good. Then he mentioned that if I want to work in the US, go for a US school, better those elite of the elites. According to him, as for the business education, only LBS carries some weight. I made a wrong choice by naively believing that international ranking by time higher at least would some weight in the states (I am in Canada); but no. U.s has enough big school for their financial education and they basically don't care. If you want to work in the states, go for a states' one. If you want to work in Europe, go for a European one. If you want to work in Asia, a UK or U.S. one. And if you want to work in china, a US one. When it comes to North America, an European degree means very very little to the employers.

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May 23, 2014

Okay. I got another two responses. The feedback is not that positive. Basically, all these professors told me the same thing: LBS is the best and its programs are on par with many big U.S. business schools. Imperial college, well. As for Bocconi, you may not like it and I don't want to discourage you or anything, but the general response regarding Bocconi is: okay....it is a university. (the actual words are bit of harsher...). If you want to have your career in those big U.S companies, go for the states. If you want to have a shot in Europe (London is the financial hub, so you would have a lot of opportunities there as well), stay in Europe. Why states if I may ask if you already have a great opportunity to work in London?

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May 24, 2014

Hmm... This makes me quite pessimistic. Well I also want to work in Europe, but I've been pretty much everywhere around Europe (my parents moved a lot because of my dad's job). So I want to go a bit further. Plus, I think that London is like kind of number 2 in terms of big companies. Number 1 is NYC and soon it will be China. I want to be part of number 1 (idk if you get my point there). I want my degree to have a brand that is recognized everywhere. But once again, the US is a no go for my bachelor. I'll think about it if I do a masters degree.

May 24, 2014

First of all: Your professor is probably talking about MBAs and he is right that only LBS and INSEAD are considered on par with the top US programs (though not on par with H/S/W). LBS's MFin is aimed at students with several years of work experience.

However, I would imagine that American students who do their degree at LSE or Oxbridge and want to return to the US might get serious looks from recruiters in the US, as long as they have the required work Visa. And they also have solid chances to get a job in London. True, it's quite a hustle to get that job without a work Visa in London but it has been done often enough.

To the OP: Bocconi is a target for all financial institutions in London and plenty of people break into the industry after interning in London during their Master's in Milan. Unfortunately though, I don't think that the Bocconi name will carry the same weight in the Middle East, HK, and the US. People that succeed in breaking into the industry in f.e. HK after a degree in Europe are usually from top UK institutions such as Oxbridge and LSE. I'm quite sure that it has been done from Bocconi as well, but it will be harder, that's for sure.

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Aug 29, 2019

In terms of technical preparation Bocconi's MSc in Finance is second to none (also because it lasts 2 years). Obviously Oxbridge and LSE (and apparently LBS too) are more recognized at a global level than Bocconi is.

May 24, 2014

Don't be. If your undergraduate education is out of the question, then consider getting a graduate degree in the States. And throw the Time Higher ranking out of the window, and instead reading the U.S. news report. I want to work in London because I have been North America (Canada) long enough. I want to have some international work experience before getting back to school to pursue another degree. If you want to get work in China in the future (I believe Shanghai, beijing, and/or HK are your targets), you may want to consider those big big big US names. When it comes to education, the Americans have their own sense of pride. You want to be the best, then consider joining the best school on the planet.

May 24, 2014

above_and_beyond: Actually, he talked about the general business education. Like I mentioned previously, when it comes to business education, I realize that americans have their own sense of pride. They have the best universities (or the richest university) on the planet, so why would they pay any attention to the Europeans? So it is not unreasonable for them to say LBS is the only one that is on the map. LBS is very famous in North America because of its exchange program. Other schools mainly focus their efforts on the European continent and Asia pacific. I think Imperial is trying to get into the American games by recruiting many American professors, so it would be very interesting to see if it would work. Many LSE and Oxforbridge graduates I know are working as a academia in the UoT, and I am lucky enough to talk to those professors. (Largely to my surprise, some are very talkative), so these names are very well known in the academic world. Not sure their employability when it comes to the industrial settings.

May 24, 2014

The program I am going to do at Bocconi includes a semster abroad in one of the 220 partner universities of the Bocconi, including Princeton, Yale, Chinese Business Schools, etc. So I think that if I target my semster abroad well it should give me a fair chance all around the world. I was talking to the CEO of Ferrero for Europe last week (Ferrero is the brand that does Nutella, Duplo and all that stuff) and he told me that he'd choose someone from Bocconi over someone from Harvard. But he's from Milan and he despises the american mentality so he's point of view is not very objective...

May 24, 2014

Apparently, you are very well connected. And btw, I love its Nutella. It would make a perfect sense for the European companies to favor the graduates from their own counties. After all, Canadian companies favor the Canadian graduates as well. It sounds that you have a plan already. If you can get in those exchange programs, go. PY are big big names in the states. The Prof I spoke to have an undergraduate from one of these two universities. Better ask those students who have done the exchange program and ask for their advices.

May 24, 2014

So Bocconi is known for its graduate programs which are well respected and have solid placements in Europe. Its undergrad, from what I understand, isn't selective and doesn't place well. Based on information from someone that's going to Bocconi, it's essentially equivalent to a 3rd tier American university.

May 24, 2014

I think it's pretty simple and this whole discussion seems kind of ridiculous. If you're ambitious you can go to London from Bocconi, and from that point on the brand name of your bank is what matters, NOT your university. If you want to go to the US right away you HAVE to study in the US. Working in London will give you plenty of opportunities to move to the US, either through an MBA or through internal mobility at your bank, no matter which undergrad you went to.

May 24, 2014

Right! Great thanks. I don't need anything else

Aug 29, 2019

Hi there!

I realize this is a couple of years later but I would like to know what you ended up doing for your undergrad? I am in the same position I see you were in at the time, and I cannot decide whether or not I should go to Bocconi Uni for undergrad (I'm an international student). I also have the option of studying in Canada ( I was there for a year for uni and I hated it) so I left and now I am trying another option. I am worried about the international recognition I will get from going to Bocconi University and whether it will limit me in seeking job opportunities in the US, Canada, and the Middle East.

Aug 29, 2019
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Aug 29, 2019
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