Bocconi: the 2026/27 academic year has been inaugurated
The University places social mobility at the heart of its strategy. Over 350 million euros will be allocated to support students between 2026 and 2030, and more than 1,900 students are studying free of charge thanks to a full fee waiver
To make education not the confirmation of a destiny, but the beginning of a possibility. It is with this commitment that Bocconi University today inaugurated the 2026–2027 academic year – the 125th since its foundation – choosing social mobility as the key to reflecting on the university’s role in building a more open society capable of generating development.
The ceremony, opened by President Andrea Sironi, brought together the various facets of the Bocconi community in the Aula Magna. The student body, represented by Giulia Gambardella, a member of the University’s Board of Directors, was followed by a speech from Riccardo Taranto, Managing Director, whose term of office will end in November, and a report from Rector Francesco Billari. The morning concluded with a keynote lecture by Gita Gopinath, Gregory and Ania Coffey Professor of Economics at Harvard University, entitled ‘The Future of the Global Economy and Your Role in It’.
The question
A day centred on a question that concerns not only the university, but society as a whole: to what extent do the circumstances into which one is born still influence the opportunities one encounters throughout life?
“The quality of a university is measured not only by its ability to attract and educate talented individuals, but also by its willingness to take on a responsibility towards society,” said Andrea Sironi, President of Bocconi University. “This is the direction set out in the Bocconi Strategic Plan 2026–2030 and Vision 2035: to continue to be an independent, international institution committed to excellence, capable of integrating the social sciences with other sciences and of using new technologies in an informed and responsible manner. Access, inclusion, research, innovation and social impact are all part of a single project: to expand opportunities without compromising on quality.”
An open society does not waste talent
In his report, entitled ‘Education and Social Mobility: Open Societies Generate Development’, Francesco Billari outlined the role of education as the primary social and democratic infrastructure which, throughout history, has been capable of weakening the link between one’s origins and one’s destiny.
Social mobility, he emphasised, is not merely a question of fairness. When ability and talent fail to find opportunities, society as a whole loses out: innovation, productivity and growth all decline. The so-called ‘lost Einsteins’ and ‘lost Marie Curies’ are talented individuals who fail to reach their full potential, not because they lack ability, but because income, gender, family background and networks continue to influence individual opportunities.
Talent is everywhere, but opportunities are not, stated Francesco Billari; this is why simply opening doors is not enough. We must ensure that talented individuals know those doors exist, are able to walk through them and, once inside, find the conditions to stay, grow and make a difference. Social mobility and excellence are not mutually exclusive goals: a more open society makes better use of its talent and generates greater value for everyone.
In fact, inequalities begin long before university: in early childhood, at school, in family expectations and in career guidance processes. They can then continue throughout one’s studies and even after graduation, in access to employment, professional networks, entrepreneurship and lifelong learning opportunities.
Over 350 million to support students
It is throughout this entire journey that Bocconi’s commitment is realised. Through Bocconi4Access to Education, the University provides a system of financial support based on academic merit and financial need. Today, just as in the University’s early years, one in three students receives some form of support, which may include full or partial coverage of fees, a scholarship or accommodation. In particular, more than 1,900 students are studying free of charge thanks to a full fee waiver. In 2025, the total investment in student support amounted to 57 million euros. Over the five-year period 2026–2030, Bocconi plans to allocate over 350 million euros to this initiative. Accommodation is also a crucial factor in ensuring accessibility, particularly for those coming from outside Milan. The university halls of residence system currently provides around 2,800 beds, including the 700 new places at the Villaggio Olimpico.
Dedicated programmes
These initiatives are complemented by programmes aimed at students who are at risk of being excluded from the traditional channels providing access to higher education. ‘Una Scelta Possibile’, launched in the 2013–2014 academic year, has involved 187 students from socially and economically disadvantaged backgrounds across thirteen editions. 95 per cent of the students went on to graduate.
Through the Bocconi Inclusion Programmes, this commitment extends to refugees and high-potential students from backgrounds of poverty, political instability or conflict. In the 2026–2027 academic year, the programme is welcoming 36 new students from 16 countries, including five from the Gaza Strip.
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