Tuition & Scholarships

Tuition & Scholarships

Tuition fee

The 2018-2019 tuition fee for the BSc in International Business Administration programme is approximately €9,000. The Dutch government contributes towards this cost for students who hold nationality from a country belonging to the European Economic Area (EEA). These students therefore pay only the statutory fee of € 2,060 per year.

NOTE: These tuition fees are subject to change. Prior to the start of the academic year, tuition fees may be modified by the Dutch government. Erasmus University Rotterdam reserves the right to make changes affecting policies, fees, curricula, or any other matter announced in this publication without further notice.

Grants & Scholarships

Rotterdam School of Management offers a limited number of scholarships for excellent prospective IBA applicants. RSM has various scholarship options available, mostly for applicants from non-EEA countries. We also offer an alumni scholarship for applicants belonging to the European Economic Area (EEA), who have a strong entrepreneurial spirit.

You can find the various scholarships for IBA applicants in our Scholarship finder

Living costs

You will need a budget each year to cover your living expenses, your study materials and, if applicable, residence permit and health insurance. This is in addition to paying your tuition fee. How much money you will actually need also depends on your life style. The costs for housing, for example, may differ considerably. Also, if you plan to travel during your stay, you will obviously need more money. 

For a reasonable standard of living in the Netherlands, you should have an income of approximately €1,000 per month or € 12,000 per year (excluding the tuition fee). Further information about the costs of living in the Netherlands and related subjects can be found on this website. Here is an example of monthly expenditures:

 
Furnished accommodation, including gas and electricity  €   450 - 700
Medical insurance  €     50 - 75
Telephone/internet €     40
Food €   200 - 300
Books, recreation, clothing €   200 - 350
Public Transportation €   0 (you can bike everywhere in the city!)
Total €  average 900 - 1200