Università Commerciale Luigi Bocconi: Milan

Undergraduate Global Immersion in Italy

Program Dates: 

The academic calendar at Bocconi will differ from the University of Minnesota and all exchange students are expected to be at their host campus on the first day of orientation and through the last day of final exams.

Fall Semester 2015:

Beginning of Courses: September 7

End of Courses: Decemeber 4

Exam Session for Exchange Students: Decemeber 9 - 22

Spring Semester 2016:

Beginning of Courses: February 8

End of Courses: May 13

First Exam Session: May 16 - 31

Second Exam Session: June 6 - July 16

Milan, Italy

Bocconi University

Bocconi University

Bocconi University

Bocconi University

Bocconi University

Bocconi University

Milan, Italy

Milan, Italy

Milan, Italy

Milan, Italy

Milan, Italy

Milan, Italy

Location details

As the largest city in Italy and among the wealthiest in the European Union, Milan is the financial center of Italy. Italy is the eighth largest economy in the world and the fourth largest in Europe, and recent governmental reforms suggest future growth and competitiveness in the globalized business world.

Università Commerciale Luigi Bocconi is a top-ranked business school in Europe and worldwide. Founded in 1902 and considered the premier university in Italy, it’s the first Italian institution of higher education to focus on economics and management. The school is central to a global network of business and economics universities and favors cultural integration, international exchange, and economic integration in its wide-reaching partnerships.

Università Bocconi recognizes that as political debates of globalization are ongoing, the economically interdependent business world has long been a reality. The program aims to provide students with an in-depth understanding of the commercial, financial, and institutional realities of the new global market from an international perspective.


  • Exchange students can request accommodation in Bocconi dorms through the ISD Housing Office. 
  • Housing offers differ, based on the residence hall you choose. 
  • Students may also choose to find their own apartment in Milan, but  offer limited guidance in finding off-campus accommodations.

Academics and credits

Students are enrolled in 15 S/N Carlson School International Business (IBUS 5200) credits at the University of Minnesota during the semester they are abroad. Students will take a full course load (13-18 UMN credits per semester) at the host universitiy. Business courses taught in English are available for exchange students.

Students participating in CGI semester exchange programs are strongly encouraged to enroll in the 1-credit Global Identity course for business students. This course helps you to develop your intercultural skills and articulate the value of your experience to future employers. It offers an additional layer of support through one-on-one interactions with your instructor that complements the independent structure of the exchange program.

Carlson School students enroll in the International Economics and Management program, taught in English, but students with strong Italian language skills have the option of courses in Italian as well. A wide range of interesting classes typically support Carlson majors but may not line up as equivalent to Carlson courses. Class format is primarily lectures, with some case discussions and presentations depending on the subject. Grading is typically based completely on a final exam and exams are scheduled independent of the class during the official examination session.

A four-week Italian language crash course is also available for an additional cost about one month prior to the start of the program. Students enrolled in the crash course may also enroll in the semester-long follow-up course for which they are awarded a certificate of completion rather than academic credit.


  • No host country language skills required
  • UMN student who has successfully completed the I-Core curriculum or equivalent coursework
  • Preference is given to Carlson School of Management students
  • Preferred minimum GPA of 3.0
  • Additional criteria may apply
  • The University of Minnesota is committed to the policy that all persons shall have equal access to its programs, facilities and employment without regard to race, color, creed, religion, national origin, sex, age, marital status, disability, public assistance status, veteran status, or sexual orientation

Visa and Passport

  • All Carlson students are responsible for obtaining a passport before they participate on a study abroad program
  • All students participating on an exchange program will be responsible for obtaining a visa or residence permit if requried by their host country.  The Carlson Global Institute does not process visa applications for students participating on exchange programs
  • The Carlson Global Institute and the host university will provide resources for visa and residence permit applications if necessary, but students will need to work with the consulate and/or visa processing company directly as well
  • Visa and passport requirements are always subject to change by the host country and students are expected to check with the consulate for up-to-date information

What is a Business Exchange Program?

  • Exchange students are enrolled at a partner university in their host country and take business courses in English
  • Exchange students take courses with students from the host university as well as other exchange students from around the world
  • Exchange students attend their host university according to their term dates which differ from the University of Minnesota
  • Exchanges often require students to demonstrate a high degree of independence, adaptability, and flexibility because support and service may be different from a US university.
  • Semester exchange programs are best suited for a student who would like to be fully immersed in another city, educational, and country culture.
  • Exchange programs are small and only a few Carlson students will study at each partner university each semester.
  • There are no Carlson staff members on-site at the partner universities

Application and Admissions

To apply for an exchange program you must first apply through the Carlson Global Institute on the Apply page. You will be charged a $50 application fee for each term that you apply for a program. If you apply for two programs in Fall semester you will be charged $50. If you apply for one program in Fall semester and one in Spring semester you will be charged $100. The priority deadline for Fall 2016 and Spring 2017 is February 1, 2016. Applications for Fall 2016 and Spring 2017 will open on September 8th, 2015. Applications for programs that do not fill by the priority deadline will be accepted on a rolling basis until full. Applications will be reviewed and students will be informed of their status within 6 weeks of the priority deadline.  Once accepted into an exchange program, you will also complete an application to the host university.  

Financial Aid and Scholarships

Most financial aid may be applied to study abroad. University of Minnesota students are eligible for education abroad scholarships. Please visit "Financial Aid" and "Scholarships" for more information.

Cost estimate (Summary)

These estimates will vary based on student preference and exchange rates. All details subject to change based on economic and international factors. Most financial aid may be applied to study abroad programs. Students should also maintain their U.S.-based health insurance plan while abroad. Visa and passport costs are subject to change. Please verify current documentation costs with the host country consulate.

Cost table

Estimated Expenses 2014-2015
Carlson School Tuition (charged to UMN student account)$7,029
Program Fee (charged to UMN student account)$2,500
Transportation (to and from program site) $1,300
Documentation (passport, visa, immunization) $190
Books and Materials$200
Room and/or Board $7,700
Essential Daily Living Expenses$2,000
Global Identity Course - strongly recommended (charged to UMN student account)$200

Bocconi Fact Sheet

Program Manager

Academic term(s)



Semester Exchange

Degree level