Take a read through this:
http://www.find-mba.com/university/448/sda-bocconi-school-of-management/discussions In summary, US citizens are unlikely to find work in the EU without citizenship (and vice versa).

You won't find many students or alumni on this board: it's for applicants.

I am neither a student nor an alumni, but as a German living in London SDA is the only MBA from Italy I ever heard of. So I would assume that it is top notch in Italy and well respected within Europe.

Thank you for the answers and your time. I do know it is hard to obtain a work permit in Europe, but I dont think its impossible. I know a few people who graduated from Italian universities with Masters and were able to get a work permit.

<blockquote>Thank you for the answers and your time. I do know it is hard to obtain a work permit in Europe, but I dont think its impossible. I know a few people who graduated from Italian universities with Masters and were able to get a work permit. </blockquote>
I am not sure about the statistics of US students who find work in Italy after graduation, but one thing is important: knowing Italian. Even if you're working in a multinational there, you'll need a good command of the language.

SDA Bocconi's website also suggests that having a distinct background is important to securing work in Italy:

<blockquote>Having a distinctive background can be a winning factor with multinational companies, especially in posts that require direct contact with the participant's country of origin.</blockquote>
If I were studying in Italy, I'd do my best to connect with multinationals working in the country while I was in school to try to secure employment ASAP after graduation. It's true that it will be hard to get a visa; but it's not unheard of, and having a company in line to sponsor you will be important.

Wouldnt the name like Bocconi invite some good multinational companies in Italy to offer a job to their graduates? (Ofcourse after Interviewing and screening the candidate). If the graduate from a school like Bocconi is a good fit, wouldnt the company's sponsorship help get a visa?

If a multinational is hiring in Italy then they would almost always hire someone with fluent Italian. It's unlikely - very unlikely - that a non-EU person without perfect Italian gets hired in Italy at the MBA level.