MAFINRISK - Master of Quantitative Finance and Risk Management
MAFINRISK is a full-time, intensive Specialized Master program entirely taught in English. The program equips aspiring, talented students with a strong foundation in theory, practical knowledge, and advanced technical skills to navigate the complex world of modern quantitative finance. These core competencies are further enriched by courses covering the broader economic and institutional aspects of financial systems.
This Master program is primarily designed for highly motivated candidates looking to pursue careers in: capital markets, sales and trading; risk control and risk management; investment management and hedge funds; new product design and structuring; derivatives pricing, trading and risk management; and financial modelling.
Whether your ambition is to join a top-tier investment bank, hedge fund, risk advisory team, or fintech firm, MAFINRISK provides the quantitative skillset and strategic mindset to lead in today's data-driven financial world.
Why Choose MAFINRISK?
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- specific focus on quantitative finance and risk management, blending rigorous theoretical foundations with practical tools
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- the purpose is to develop fully independent specialists for a complex financial world
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- 55% non-Italian students enrolled
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- 39 countries represented
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- diverse cultures and academic backgrounds
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- 30+ faculty members from academia and private sector
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- dedicated staff
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- computational skills
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- machine learning and quantitative asset management
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- hub for business, finance, fashion, design and more
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- vibrant, international city full of cultural events and initiatives
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- on-campus presentations, career and recruiting events (Bocconi&Jobs, Investment Banking Days)
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- JobGate, the online platform updated daily by employers, with internship and placement opportunities in Italy and abroad
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- CV Book, an annual publication collecting the CVs of MAFINRISK students and graduates
Program Snapshot
Details
Dates: September 2026–September 2027
Duration: 9 months in-person class attendance + 3 months final project or internship
Mode and language: full-time, in English
Location: Milan
Credits: 66 CFU
Applicant profile
The ideal candidate possesses the following:
- Bachelor degree or higher in Economics/Finance or STEM subjects
- brilliant academic career
- no or limited prior work experience (1-3 years)
- fluency in English
- determination and ambition
Admission
Application deadlines
- 1st round: March 2026
- 2nd round: June 2026
You may apply by one of the two application deadlines, submitting either the GMAT/GRE or taking the online Bocconi test.
Tuition Fees
Tuition fees for the 2026-2027 Master of Quantitative Finance and Risk Management are €16,000. It is possible to pay in three separate installments.
MAFINRISK Students at a Glance
The program is aimed at economics graduates, graduates from quantitative fields, and young professionals with limited work experience who are prepared to undertake 12 months of full-time, intensive study.
25-28 years old
39 total: 8 in the Americas, 20+ in Europe, 5 in Asia, 2 in Africa
| Italian students | 45% |
| Non-Italian students | 55% |
| GMAT | 650-770 |
| GMAT Focus Edition | 595-755 |
| GRE | 158-170 |
| Economics, Finance and Banking, Business or Management |
| Engineering, Physics |
| Mathematics, Statistics, Computer Science |
MAFINRISK Webinars
The presentations serve to inform prospective students on the Specialized Master program before applying.
During the webinar, you can meet the Program Director, discover the program's content, and learn how to apply. A Q&A session will follow.
5:30 pm (Italian time CET)
26 February 2026
Register now5:30 pm (Italian time CET)
14 April 2026
Register now5:30 pm (Italian time CET)
11 May 2026
Register now
Placement
MAFINRISK Alumni
MAFINRISK equips graduates with tools and techniques widely used in the financial industry. Our alumni have built successful careers in areas such as sales and trading, derivatives structuring and pricing, financial risk management, and financial modelling.
Our Alumni
Candidate Area
MAFINRISK Program Office
Bocconi University
Via Sarfatti, 25 (second floor - room 219)
20136 Milan (Italy)
ph.: +39 02 5836.5979
