In this study, a flexible tool to simulate the bulk optical properties of polydisperse spherical particles in an absorbing host medium is described. The generalized Mie solution for Maxwell's equations is consulted to simulate the optical properties for a spherical particle in an absorbing host, while polydispersity of the particle systems is supported by discretization of the provided particle size distributions. The number of intervals is optimized automatically in an efficient iterative procedure. The developed tool is validated by simulating the bulk optical properties for two aqueous nanoparticle systems and an oil-in-water emulsion in the visible and near-infrared wavelength range, taking into account the representative particle sizes and refractive indices. The simulated bulk optical properties matched closely (R2 ≥ 0.899) with those obtained by reference measurements.