• Application deadline

    15 May or earlier if programme reaches maximum capacity.

    The application form remains open until the 15 May or until the maximum number of applications has been submitted (whichever occurs first).

  • Starting date

    August 2022 (week 34)

  • Format

    Full-time | 12 months

  • Credits

    60

  • Fee

    €2,209 (EEA)* | €20,700 (non-EEA)

    * For EEA nationals who have already completed a master in the Netherlands (and obtained the diploma) the tuition fee for a 2nd master is approximately €12,000.

  • Language

    English

Are you passionate about developing ideas for new products or services and eager to start your own business? Are you ambitious enough to transform an existing organization; to renew it and scale it up? If yes, Strategic Entrepreneurship (MScSE) is the master program for you. It is a one-year full-time programme open to  bachelor students in Business Administration, Economics, Finance, Science and Business, and Engineering.

  • 28% international students in programme
  • 98% of graduates employed within 3 months after graduation
  • Examples of your future job title: Entrepreneur, business developer, project manager

What you will learn?

The MSc Strategic Entrepreneurship provides you with the entrepreneurial skills that are necessary to succeed in the global market. The program is tailored for action-based learning. This means that theories of entrepreneurial strategies are combined with first-hand experience on the entrepreneurial process either in the form of starting a new venture or renewing an existing organization. We support you in the process of becoming an entrepreneur by fostering your critical and creative thinking, improving your decision-making skills in the context of uncertainty, and enhancing your interpersonal skills (including cross-cultural communication and negotiation). Such a skillset is in high-demand in the current job market, which emphasizes the hiring of self-driven individuals with an entrepreneurial spirit.

Upon graduating, students receive RSM’s Master of Science degree in Strategic Entrepreneurship. Combining the ability to make decisions under uncertainty with an eye for new opportunities, and a drive for action will give you a head start in the job market and as an entrepreneur.

Key features of MScSE

  • Learn to make a difference by creating and implementing opportunities in either new or existing organizations

  • Take an entrepreneurial attitude towards your own learning, in small-scale interactive classes and hands-on projects.

  • Master the application of rigorous scientific methods in experiential projects.

  • Participate in a science-based hands-on curriculum, taught by enthusiastic and international faculty.

  • Get start-up support from our sister organization, Erasmus Centre for Entrepreneurship.

  • Build your network by interacting with entrepreneurs, alumni, investors, scale-up companies and other practitioners.

  • Receive career coaching.

  • Join RSM’s MSc Strategic Entrepreneurship programme, which ranks among the best master degrees in entrepreneurship worldwide according to Eduniversal’s international review of best master programmes.

Programme highlights

  • Study trips and company visits, study exchanges, and extracurricular activities

    To address the subject of marketing management from every angle

  • Up-to-date content

    Students appreciate the up-to-date content ‘which makes it even more interesting’ they say

  • Top-ranked

    RSM’s MSc Strategic Entrepreneurship is highly ranked in the QS Business Masters Rankings 2022

  • Courses

    Students note that courses fit coherently together

  • International insights

    Your fellow RSM students, your professors, and researchers in the business school come from all over the world, and bring their international insights into consumer behaviour

  • Learn practical tactics

    Learn practical tactics for integrating this knowledge into solid marketing strategies

More about the programme

Curriculum

The RSM MSc in Strategic Entrepreneurship programme is one academic year’s duration. Core courses are compulsory and will be offered during the autumn semester (22 EC). Master electives (18 EC) are offered during the spring semester, of which one elective can be chosen from another MSc programme. During the year, students work on a master thesis project (20 EC).

Please note that certain electives may be very popular. Although we can place most students in the elective(s) of their choice, there are no guaranteed places.

A teacher's story

  View all core courses below:

Increasingly, in today’s fast paced, uncertain world, sustained innovation and progress through creating meaningful opportunities is a necessity not only to thrive but also to survive. However, for most firms, the strategies and processes associated with opportunity creation remain vague and are not understood nor applied systematically. In this course, we will learn how you, as an entrepreneur, can create opportunities and consequently create meaningful value for your audience. The aim of the course is to provide a set of concepts and theories, as well as practical tools and processes, that can be used by entrepreneurs in their organizations or start-ups to create unique opportunities. 

The course is taught in a very interactive fashion. Therefore, attendance is essential and your participation matters. The format is intense, but allows you to focus on the subject matter and to have engaging debates and discussions in the classroom. Consequently, the course will provide you with an insightful and fun learning environment. Applying the theoretical and practical knowledge is a central aspect of this course. Therefore, it will include several practical examples and cases.  

All sessions will be highly interactive, with sufficient room for discussion, group presentations focusing on applying the theory to practical examples, and small group exercises. The approach is strongly participative and based on the co-creation method of learning. Co-creation involves developing deeper relationships between you and me as the facilitator, and between you and other learning partners in the class. Education is perceived as a shared endeavor where learning and teaching are done with you not to you. Co-creation method of teaching and learning is therefore a collaborative, reciprocal process through which all participants have the opportunity to contribute equally, although not necessarily in the same ways, to curricular or pedagogical conceptualization, decision making, implementation, investigation, or analysis. 

Each week, we will have team assignments to be prepared for the next session. You will be working on the assignment pertinent to the theme and content of the next session during the week, and you will then present your outcome of the assignment in terms of a short presentation in the next session, and we will have profound and in-depth discussions about your presentations. This way, we will learn a lot by doing and by engaging in intellectual discussions and debates. In order to have interesting sessions and to benefit from them to the fullest, you need to come to the class well-prepared. 

At the end of the lecture series, you will be asked to demonstrate your understanding of opportunity creation in an individual assignment. This individual assignment will cover all materials of the course (i.e., material covered during sessions, assigned readings and academic articles, selected assigned videos, slides of lectures, and insights that you collect during sessions via discussions). The assignment will be a take-home assignment and include some questions about the application of theories, concepts, and models that we discussed in this course in a chosen setting. Questions will be open questions and will cover the application and synthesis of concepts, models, and theories covered in the course and its underlying lectures, slides, videos, and readings. 

Review the course guide for more details.

Taught by Dr H. Fasaei

Running a start-up requires operating under high uncertainty and navigating through often chaotic environments, where information may be scarce and unreliable. In this course, we will focus on the customer discovery process and address a set of skills that can help early-stage entrepreneurs with their opportunity pursuit. In particular, we will discuss the process of identifying one’s core business assumptions and engage in actively testing them by soliciting and analyzing potential customers’ feedback.  In doing so, we will also discuss the role of leadership in this context, as well as the characteristics of highly-effective teams and explore how these can impact the performance, motivation and culture of the venture. Using a set of experiential tools, we will also practice how to interview customers for maximum insight, how to effectively revise and update one’s business concept and how to generate commitment and traction for one’s idea. We will also focus on a range of influence tactics and negotiation techniques, which you can apply when testing for a product-market fit.  The overall aim of the course is to provide practical knowledge and skills that future entrepreneurs can apply when developing, testing and validating their hypotheses about a business opportunity.

Review the course guide for more details.

Taught by Dr M. Cholakova

Many students and alumni from RSM Erasmus University will – at some stage in their career – consider entrepreneurship as a serious opportunity. This course focuses on real-life challenges and problems during the (pre-) startup phase of new business creation and its growth. The overall objective is to improve the ability of course participants to define start-up and growth problems, to diagnose them, and to recommend solutions. This course builds on theoretical and empirical explanations to explore how entrepreneurs cope with developmental challenges. This will improve the competence of students to evaluate opportunities and start-up initiatives as well as increase their readiness to start and grow new businesses themselves.

The case method utilized is a sound base to handle entrepreneurial startup & growth. Studying the process dimensions of entrepreneurship will challenge you to critically explore the differences between new business venturing efforts within established corporations and venturing efforts of start-ups. Moreover, guest lecturers are invited to challenge you in class: with their help we will transform the classroom into a clashroom.

Review the course guide​​​​​​​ for more details.

Taught by Dr Y. Liu​​​​​​​.

In today’s dynamic and continuously changing business environment, entrepreneurship is an essential and indispensable element in the success of many organizations. Corporate entrepreneurship (or intrapreneurship) refers to activities involved in creating and exploiting new resource combinations in the context of existing corporations. Although many business books purport to teach top management how to create a culture that nurtures visionaries like Sergey Brin (Google) and Mark Zuckerberg (Facebook), the ability to think and act entrepreneurially and engage in ongoing processes of creativity often fails because established organizations present hostile environments for entrepreneurial ideas. This core course focuses primarily on organizational and managerial efforts aimed at the identification, development and exploitation of entrepreneurial ideas, the management of new product or process developments, and on effective new venture management in the context of large corporations. Topics include ways how organizations can stimulate corporate entrepreneurship, entrepreneurial action, work contexts, exploration and exploitation.

Review the course guide for more details.

Taught by Dr A. Distel.

The aim of this course is to offer the foundational considerations for starting your thesis project. Specifically, it focuses on a variety of topics around the first, theory-focused part of your thesis (rather than the empirical part)—including topic choice, research question formulation, framing, and hypothesis development. These topics will be addressed in a series of lectures, building on published work on doing research as well as the experiences and submissions of prior students.
In addition to these subjects, a key aim of the course is to provide students with practical insights with respect to writing academic work, including but not limited to: identifying relevant literature, the issue of plagiarism, writing style, referencing style, reading academic papers, organizing your notes, and using the TOP system.  

Review the course guide for more details.

Taught by Dr Xena Welch Guerra.

The aim of Your Future Career is to prepare students at an early stage in their MSc for their career.

When you care about what you do, you will enjoy your work more, create greater impact, and be more successful in being a force for positive change. However, it can be difficult to identify what your passion is, where your competencies and skills will be useful, and which professional environment and culture are the best match for you. Therefore, RSM Career Centre has developed a course to put you in the driver's seat of your career, and to support you in identifying your first career step after graduation and preparing for it.

The online modules of “Your Future Career” will help you make crucial steps towards the most suitable internship or job for you. You can decide yourself if you want to reflect on your interests and motivations, develop knowledge of the job market, functions, companies and industries, receive peer feedback on your application materials, have contact with an alumni mentor or attend an interactive workshop.

The Your Future Career course takes place in block 1 and 2 and is awarded 1 EC based on pass/fail.

Contact: RSM Career Centre via yourfuturecareer@rsm.nl

Review the course guide for more details.

Taught by Dr M. Szymanowski & L. Keir.

All courses of this track are listed below:

Technological change (e.g., the emergence of new digital technologies such as Artificial Intelligence and Internet of Things) leads to major organizational challenges for many firms. In recent years, the investments in industrial research and development (R&D) have increased in many sectors. To provide a beneficial organizational context for the exploration, assimilation, retention, and exploitation of new technological knowledge, firms need to consider specific organizational and management concepts, which are addressed in detail in this course.

The students gain detailed knowledge about fundamental issues concerning strategies, organizational capabilities and organizational designs with respect to technological change. Among other aspects, the course addresses organizational issues related to technology forecasting, knowledge governance, R&D processes and structures, absorption of new external knowledge, strategic technology alliances, technology-based M&A activities, as well as leadership and HR management in R&D.

Review the course guide for more details.

Taught by Dr A. Distel.

If you want to know more about developing a business model for a startup and/or setting up your own venture, the Entrepreneurial Lab course is for you. Within an intense and hand-on experiential approach, the Entrepreneurial Lab course allows you exploring a business opportunity with your team and testing its potential value.

This course provides advanced master students with a practical, yet rigorous understanding of the role, the analytics, and the process of business planning that leads to the successful creation of new ventures. Above all, students will be responsible to develop their own professional networks. As it’s a hands-on course, you will learn about business modelling, how to refine opportunities, analyse feasibility, financial planning, and organisational implementation. You will write a weekly blog and a business report and pitch your idea to a jury of experts. In previous years our students launched successful new businesses, including Senz Umbrellas, Symbid and Yoursurprise.com.

Working with other MSc SE students as a team you will develop your own business; practical experience of the process means you gain a thorough understanding of the role played by planning in the successful creation of new ventures, and you’ll have personal experience of the analytical processes  that take place.

Review the course guide for more details.

Taught by Dr L. Berchicci.

Behind each successful venture, there is an investor. No ventures can scale without sufficient funding and mentoring from investors. However, ventures successfully backed by investors are a select group as fewer than 5% of ventures receive funding of which only about 25% ever return their invested capital. Selecting ventures that hit a homerun is an exception rather than a rule. As it is difficult to predict which venture will successfully scale up, we need ‘smart’ investment strategies that help to cope with these uncertainties.

In this course, we will learn that investing in ventures is more than simply making ‘random bets’. Entrepreneurial investments can be understood and managed. The course guides students through the investment process of selecting, monitoring, and exiting ventures. We will get to know the different types of entrepreneurial investors, such as venture capitalists, corporate investors, and governmental investors. We will discuss topics such as the venture capital investment model, combining strategic and financial investment goals, investing under uncertainty, staged decision-making, syndication, venture selection and monitoring techniques, and exit strategies. The knowledge and analytical skills gained in this course will be particularly valuable for students who are seeking a career in high-technology industries, venture capital, new business development, and consulting.

Review the course guide for more details.

Taught by Dr. S. Koster

Most students from RSM will be confronted with new business development at some stage in their careers. This course aims to serve as a pilot test for you, assessing your strength and weakness in entrepreneurial practices. To do so, this course will collaborate with multiple companies and provide tangible business projects for you, with the aim to address real business challenges related to new business development. As a result, you will face the full complexity of new business development. To assist you navigate the project, a reference contact from the company will actively work with you during the six weeks of the course.  

Review the course guide for more details.

Taught by Dr. P. Darnihamedani​​​​​​​​​​​​​​.

Subject

In daily and business life, you can find yourself in situations where you want to get something done, but you do not have much to offer as an exchange. For example, you want to initiate a project or business, but you are lacking cash, knowledge and resources. You may have an idea for a great new product, but your superiors are only supportive when it takes a limited investment and no excessive risks. Or you want to expand your network with some highly-regarded people, potential employers or difficult to approach customers for your own business, but those people may not find you very interesting. These situations are in a basic sense similar to all ‘ventures’ where success depends on your ability to mobilize other people and to reduce risks. Entrepreneurial bootstrapping is the pursuit of success (or getting things done) with limited resources and with the help of others (or free outside help). In general, bootstrapping refers to a self-starting and self-sustaining process that is supposed to proceed without external help or input. The origins of the term seemingly go back to the 19th century American in the phrase ‘to pull oneself over a fence by one’s bootstraps’[1], to mean carrying out an absurdly impossible task.[2]

Relevance

Five subthemes of bootstrapping are distinguished and discussed. First, the basic principles of bootstrapping will be introduced: informal and creative resource acquisition, the use of networks, networking and influencing skills, entrepreneurial marketing (marketing on a shoestring) and entrepreneurial finance (do more with less). Second, in the so-called creative resource acquisition perspective, bootstrapping is an original strategy of obtaining resources without a big spending effort), for instance through a direct exchange of goods and/or services with others without money (barter trade) or by making creative use of the limited resources one has at its disposal (e,g. effectuation, frugal innovation and bricolage). Third, networking is at the heart of any bootstrapping effort. The lectures will cover networking theory, i.e. the purposes and potential effects of networking, and how networking partners can be a source of free information and advice, followed by paying attention to more specific networking skills on how to get in touch and build a relationship, and subsequently, how to influence other people and/or benefit from ‘relevant others’, such as friends, family members, mentors and coaches. Fourth, in discussing the topic of entrepreneurial marketing, an exploration is sought of the emerging phenomena of innovation by users, open-source projects, and crowdsourcing. User innovation basically implies that there are many users out there who develop their own products to use themselves – and they generally share their innovations for free! Open-source projects imply that a distributed community of users contributes to an overall project. Crowdsourcing, finally, is the act of outsourcing tasks to an undefined, large group of people or community through an open call, implying that you can mobilize people to work for you. Fifth, within the framework of entrepreneurial finance, bootstrapping refers to the different financial strategies entrepreneurs pursue to keep the venture under their control (not diluting all kinds of bootstrapping techniques involving cheap ownership and equity in the company), turning key fixed costs into variable costs, or by effectively managing cash flows and making process within the firm efficient. The entrepreneurial finance approach will be elaborated by considering money and crowdfunding.

Review the course guide​​​​​​​ for more details.

Taught by Dr. W. Hulsink​​​​​​​

[1] Bootstraps are the tabs or handles at the top of tall boots, allowing one to use fingers or a hook to help pulling the boots on.

[2] An impossible action, almost similar to bootstrapping, can be found in the 19th century book The Surprising Adventures of Baron Munchausen by R.E. von Raspe, where the main character pulls himself (and his horse) out of a swamp by his hair (or more precisely, by his pigtail).

The world has been increasingly viewing new ventures within a societal framework. Nearly every venture creates or destroys value for customers, suppliers, employees, and communities, in addition to shareholders. These individuals, which are commonly referred to as stakeholders, might be either actively involved with the work of new ventures, or passively engaged in gain or loss as a result of the venturing activities. Key stakeholders could make or break the success of new ventures. Developing skills to successfully governing stakeholder relationship is therefore vital to entrepreneurs. In this course, I will take a relational (in academic term: behavioral) lens to equip you with know-how regarding how to be “swim with sharks” (i.e., stakeholders) in your entrepreneurial journey.  

Review the course guide for more details.

Taught by Dr Z. Wu​​​​​​​.

Family firms are ubiquitous across space, time and industries. Family businesses do not only represent small, private companies. Founders or founding families are important controlling owners of large corporations listed on stock exchanges around the world. Famous examples of family businesses are IKEA, Harley Davidson and Heineken. As such, family businesses represent a very important force for the economic and social development anywhere in the world. At the same time, family control raises unique value-creating opportunities as well as challenges for family businesses and their different stakeholders, such as customers, financiers, suppliers, partners, employees, board members and owners. 

This course introduces students to the widespread, yet complex, phenomenon of family business. It touches upon several important themes, such as strategy development, succession, governance, conflicts, business continuation, and more. The aim of this course is to introduce concepts and practical learning situations which will help the students to make sense of family businesses and to assist them in better understanding and dealing with the unique opportunities and challenges faced by different family business stakeholders. 

The course is specially designed for those who are interested in working in family businesses (e.g., as managers and/or owners) or with family businesses (e.g., as advisors or consultants), and for those coming from a family business background themselves. Whatever their future role will be, students will find it useful to understand the uniqueness of these organizations. During the course, the students will develop their own perspective on family business. After the course, the students should be able to apply in practice appropriate models and theories presented during the course, as well as critically examine models and theories regarding family business development. 

Review the course guide for more details.

Taught by Dr G. Criaco​​​​​​​ 

All over the world, firms are being disrupted by fast-moving, innovative startups such as Uber, AirBnB, Spotify and Snapchat. Startups are known for their innovative business models, exciting and promising ideas, and organizational agility. In contrast, large firms have an abundance of resources, scale advantages, power and experience (Weiblen & Chesbrough, 2015). Rather than simply competing, both large firms and startups have started to see the advantages of joining forces, allowing new innovations to emerge.
Through corporate venturing, the corporation may invest in a startup within or outside of the organizational domain (Sharma & Chrisman, 1999). However, despite their promising outlook, corporate venturing activities are often not successful for both the investor and the startup. Because of the potentially high risks and high rewards involved, corporate venturing has been compared to ‘swimming with sharks’. In this course at the intersection of strategy and entrepreneurship, we will therefore focus on both the benefits and challenges of managing a corporate venturing portfolio.

Review the course guide​​​​​​​ for more details.

Taught by J. Duijsters MSc​​​​​​​.

How can firms gain and sustain their competitive advantage in increasingly competitive environment? Firms have realized that a focal source of competitive advantage lies in internationalization. At the same time, they have realized that increasing internationalization also bears challenges by exposing firms to competition from domestic as well as foreign firms. Furthermore, there are three factors that complicate the management beyond a firm’s domestic market: First, the potentially fundamental differences of markets, second, the scale and complexity of cross-border business, and third, the uncertainty revolving around the economic and political conditions between countries. In this elective, we will address these factors and their implications for firms’ competitive advantages in international markets and their considerations to move into foreign markets on the one hand, as well as for firms’ decisions regarding how they intend to operate across borders on the other hand. This will help us understand global strategy, why some firms thrive, while similar ones may struggle in the global marketplace. 

Review the course guide​​​​​​​​​​​​​​ for more details.

Taught by Dr E Klijn​​​​​​​.

Several underlying assumptions of out current economic system – such as profit as the fundamental purpose of business, opportunism as the key feature of managers’ behavior, and competition as the key process for reaching prosperity – have been subject to increasingly fierce contention in recent times. As stakeholders embrace a notion of organizations being responsible for the wider societal good, several questions arise. Why do corporations not do more to achieve social goals? How can enterprises overcome the limitations of the capitalist system? How are impact organizations designed, founded, and managed?

Along these big questions, this course will explore the organizing dynamics and practical challenges of managing an impact organization. The focus is on unravelling features, conditions, potential, and limitations of such organizations. Yet, the knowledge gained from this course is applicable in strategic contexts beyond the boundaries of impact creation.

Review the course guide for more details.

Taught by Y. Wiessner and S.M. Musa​​​​​​​.

Social entrepreneurship is an emerging field of academic study and real-world practice. At its core, social entrepreneurship pertains the combination of market-based and nonprofit approaches to solve social issues, a feat social entrepreneurs achieve by combining the knowledge and skills used in traditional business with a passionate commitment to having a meaningful and sustainable social impact. By combining insights from the academic literature with real cases and scenarios, the course will introduce students to both theory and practice of social entrepreneurship.

Each week, the course will focus on one important aspect or theme of social entrepreneurship, through two types of lectures: a “theoretical” lecture and a “workshop”.

  • “Theoretical” lectures will compose the first appointment of each one of the six weeks of the course. These lectures will take the form of traditional frontal lectures where the lecturer will cover the material related to the week’s topic.
  • “Workshop” lectures will instead compose the second appointment of each week and will focus on interweaving the theoretical content covered in previous lectures with real case scenarios and practical exercises. Such lectures will be interactive in nature, with in-class exercises (both individual and in groups), case-studies, and contributions from guest practitioners.

The six weeks of the course will cover the following topics

  • Week 1. Social Entrepreneurship: definition and characteristics
  • Week 2. Social entrepreneurs and opportunities recognition
  • Week 3. Hybrid business models for social enterprises
  • Week 4. Scaling impact in social entrepreneurship
  • Week 5. Evaluating social impact
  • Week 6. Group projects final presentations

Review the course guide for more details.

Taught by Dr P. Versari

  

The Research Methodology course guides you through the thesis research process and gives you the tools you need to write a high-quality master thesis. You will attend plenary introductory lectures, workshops sessions on specific research methods and meetings with your thesis supervisor. Depending on your preference, you may develop your thesis using either qualitative methods, such as interviews, observations and personal fieldwork, or quantitative methods such as surveys and secondary data.

The challenges of qualitative research such as case studies are widely underestimated. While it is obvious that quantitative research cannot be conducted without mastering relevant statistical or mathematical techniques, many researchers engage in qualitative research without having the requisite knowledge and skills. This course seeks to endow prospective researchers with the insights needed to adequately perform one type of qualitative research: case studies.

Review the course guide​​​​​​​​​​​​​​ for more details.

This course is taught by Dr. F.H. Wijen & W. Liu MSc​​​​​​​.

In this course students will learn how to do empirical research. The course touches upon the fundamentals of research design and quantitative research, in addition to more advanced statistical tools. In addition to the lectures, a set of video tutorials provide deeper insights into the specifics of using statistical software and running various models therein. The course is attended jointly by students from two programmes: Strategic Entrepreneurship and Strategic Management.

This course seeks to provide students with the practical tools and theoretical vocabulary required to understand conduct, and critically evaluate quantitative empirical research. During the course, students are exposed to the key types of models, their assumptions, common data collection approaches, and statistical software needed to become a successful, independent researcher.

The following key questions are addressed in the course: First, what research design is the best fit with my research question? Second, how do I measure the concepts underpinning my research question? Third, what data do I need to collect to address this question, and what tools should I use to collect this data? Fourth, what statistical models are best suited to analyse these data? And, finally, how do I report the results of my analyses in a rigorous and statistically sound manner? This course offers answers to these questions, which are of critical importance to anyone conducting quantitative research.

Review the course guide for more details.

This course is taught by Dr R.F.J. Haans & Dr M.E. Flowers

For your master thesis, you will develop and apply scholarly knowledge with a focus on making a practical impact. You can organise your thesis process in such a way that you test your business idea and expand your network, for example by carefully choosing who you interview. Depending on your preference, you can make a rigorous academic contribution, develop a case study, or give advice to existing organisations to become better at business development.

In this course students will learn how to do empirical research. The course touches upon the fundamentals of research design and quantitative research, in addition to more advanced statistical tools. In addition to the lectures, a set of video tutorials provide deeper insights into the specifics of using statistical software and running various models therein. The course is attended jointly by students from two programmes: Strategic Entrepreneurship and Strategic Management.

Note regarding taking courses if you are not an RSM master student: RSM does not offer the possibility for non-RSM students (master or otherwise) to take RSM MSc courses outside of official exchange partnerships or other inter-faculty agreements. If you are interested in learning more about corporate social responsibility, sustainability, or business ethics, please refer to our Open Programmes section.

For more information on all international opportunities offered at RSM, visit the website of our International Office.

Learn more

Why this programme?

Factsheet

Internship

International exchange

Faculty

Career perspectives

An alumnus talks about RSM’s MSc in Strategic Entrepreneurship

A recruiter talks about RSM’s MSc in Strategic Entrepreneurship

Our graduates all learned a proactive attitude towards work, and in practice, all our graduates find a job quickly. Even better, their proactive and hands-on mentality enables them to create their own perfect job, either by starting a business of their own, or to find high-autonomy jobs in emergent, high-growth businesses, or entrepreneurial corporate organizations. In a recent survey of our alumni in the past ten years, we found four typical career patterns.

Career perspectives in high-growth/entrepreneurial corporate organisations

About 32% of our graduates is engaged with a small but high-growth organisations, also known as challenger firms. They typically have jobs related to business growth and development (e.g., business developer, account manager,  project manager). In parallel with the growth of their business, they manage to develop their own career in a leading role. Firms such as NEDAP and Mendix for example hired RSM alumni for business development positions that demand a combination of entrepreneurial competence and entrepreneurial drive. 

About 25% works for larger, corporate organisations. These are mostly organisations known for their entrepreneurial spirit and positive attitude towards high-autonomy, proactive employees (e.g., Google, NXP, Facebook). Our graduates are well-qualified to help established companies rejuvenate and grow by developing and building new business. Corporate recruiters highly value the ability of our graduates to act on opportunities for new business.

Career perspectives in Entrepreneurship

Next, about 21% started and still runs a business of their own. We are proud of the many companies that our alumni have initiated and grown. Examples include YourSurprise.com (www.yoursurprise.com) and Senz Umbrellas (www.senz.com). Every year several students and alumni realize their entrepreneurial dreams by starting their own ventures – usually with fellow RSM students and in most cases with the objective of continuing to build the business after graduation.

Finally, a miscellaneous group has become active in the business of their family members, or works in a consultancy or expert role to support small and medium-sized enterprises. These include management consultancy firms, venture capitalists and investment banks.

Non-EEA nationals who have earned a diploma from a higher education institute in the Netherlands can apply for a special residence permit called the orientation year after completing their studies. The 'Orientation Year for Graduates Seeking Employment' is a residence permit aimed at retaining foreign talent for the Dutch labour market. During this orientation year you are free to work without a work permit. Participants who find a job during this period can change their orientation year into a residence permit for Highly Skilled Migrants under more favourable terms.

For the most up-to-date information please visit the website of the Nuffic.

Career progress

Many students find positions within multinational firms and organisations, partially thanks to relationships they have developed with representatives from the world of business – as well as peers – during the programme’s corporate and other networking events. Students applying for jobs in their home countries are equipped with knowledge and skills to take with them.

Find the Employment Factsheet for your MSc programme here.

View LinkedIn profiles of our graduates

You can read more about our graduates and their career progress from their public LinkedIn profiles.

Tip: you can see more of our graduates’ profile information if you are not signed in to your LinkedIn account. Sign out of LinkedIn, then click the links.

Good to know

Career Centre

Alumni networks

MSc employment report

Studying at RSM

A student on the RSM MSc in Strategic Entrepreneurship programme

The RSM Experience

Education for life

Studying at RSM will be a life-changing experience. Your master degree will prepare you for a fulfilling professional life as a capable, self-assured individual. It will make you valuable to business and attractive to employers because it teaches you skills that make the most of your innovative mind. You will be challenged in and outside of the classroom, and you will gain an education based on the latest developments in business. Your master degree from RSM will include RSM’s promise of life-long learning, and membership of the more than 40,000-strong alumni network that is present in more than 110 countries which hosts activities and events all over the world.

Open intellectual culture

Your education at RSM is valuable. You will learn from academics who produce the highest quality research and the most innovative management thinking. In the classroom, sharing and questioning opinions is encouraged – yours and those of your fellow students, as well as the professors’. Many of RSM’s faculty members are young and passionate professors and researchers with outstanding academic credentials. Their work is published in top international management journals.

Engaging environment

Professors’ doors are always open for students who have questions, projects or ideas. Depending on the study programme, students have different opportunities to tailor their programme. This can, for example, take the form of a minors course, an internship, an exchange at one of over 160 partner schools worldwide, elective choices, the participation in a consulting project with a company or public sector organisation, or a thesis project in their specific area of interest. RSM’s strong links with local and international businesses and organisations offer opportunities for practical projects and real-life collaborations.

Rotterdam, a future-oriented city

Living and studying in Rotterdam has never been better. Rotterdam is home to one of the largest and busiest ports in the world and many multinational companies have their headquarters here. The city is famous for its stunning modern architecture, such as the Centraal Station or its covered food market, the Markthal. At the same time, the city authorities are forward-thinking in improving its liveability. There’s no shortage of restaurants, museums and theatres, yet Rotterdam is still an extremely student-friendly city with plenty of affordable student housing, and a bustling nightlife that includes events organised by students associations.

Find out more about life in the city of Rotterdam.

RSM Master Students

Talk to a student ambassador!

Learn more about student life

More information

Entrepreneurship Master Study Club

Life in the city

Coming from abroad

Fees & Scholarships

The combination of affordable tuition fees and living costs together with quality education and an excellent global reputation make a Masters degree at RSM a clever investment.

Tuition fees 2022-2023

The 2022-2023 tuition fee for the MSc programmes is approximately €20,700 for non-EEA students. The Dutch government contributes towards this cost for students who hold a nationality from a country belonging to the European Economic Area (EEA). These students therefore only pay the statutory fee of €2,209 in 2022-2023. 

For EEA nationals who have already completed a master in the Netherlands (and obtained the diploma) the tuition fee for a 2nd master is approximately €12,000.

The MSc International Management - CEMS (18 months) is a longer programme, for which the tuition fee will have to be paid for the duration of the programme. The expected tuition fee for the 18-month MSc International Management - CEMS programme is €31,050 for non-EEA students and €3,314 for EEA students.

Please note that all these tuition fee tariffs are subject to change.

Scholarships

The number of scholarships is limited and mainly merit based. If a scholarship covers only the tuition fees, be aware that you need to finance your own living expenses (rent, food and insurances) for the duration of your studies. RSM does not offer scholarships for the pre-master programme. We do however offer a maximum of 2 scholarships per academic year to RSM pre-master students enrolling in an MSc programme.

Rotterdam School of Management, Erasmus University (RSM) offers multiple scholarships to prospective students from non-EEA countries who are not entitled to pay the EEA tuition fee, provided their grades are considered ‘excellent’. RSM also offers one scholarship, the Erasmus Trustfonds Scholarship, to students from EEA countries. 

Besides scholarships awarded by RSM, there are also scholarships awarded by the Dutch government or other organisations that are available if you meet certain criteria such as nationality, age, etc We have listed some of them below but we encourage you to use resources such as Grantfinder or the Scholarship Portal to find additional scholarships.

Scholarship tips

  • Contact the Ministry for Higher Education in your home country to see whether there are scholarship options.
  • We have virtual information session covering all you need to know about scholarships and financial aid. Watch it here.

For students from the Netherlands or the EU/EEA, it may be possible to apply for limited funding towards payment of your tuition fees. Find out whether you meet the nationality and age requirements and read more information about the application process here.

Handling fee

After having filled in all of the necessary information on the Online Application Form (OLAF) and uploaded the required documents, applicants with a degree obtained outside the Netherlands will be asked to pay a non-refundable €100 handling fee. This fee can be paid online via the Erasmus Payment System which uses either iDEAL (for those with a Dutch bank account) or PayPal (which can be linked to any bank account or credit card worldwide). It is important that applicants complete the payment process as indicated, otherwise the system cannot register the payment.   

Additional expenses

The additional expenses in addition to tuition and general living costs vary per programme and may include:

  • Study materials such as books, readers and business cases
  • Costs involved in kick-off meetings
  • Costs related to travel, international excursions and compulsory exchange semesters or internships abroad

Living Costs

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). Here is an example of monthly expenditure: 

  • Furnished Accommodation, including gas and electricity €525
  • Medical insurance €50
  • Telephone €25
  • Food €200
  • Books, recreation, clothing, public transport, etc. €200 

Total costs per month €1,000 

Study and work - part-time jobs

Please ensure, prior to your arrival at RSM, that you have or will have sufficient funding available to finance your stay at RSM. Finding a part-time job, may be an option, but can not be guaranteed. You should therefore not rely on finding other ways to supplement your income during your studies. For additional information on obtaining a part-time job, visit the website of the Nuffic.

For EEA students there are no formal restrictions in finding work in the Netherlands, but students with a lack of Dutch language skills will find it difficult to secure employment. Non-EEA students are subject to labour regulations, which makes the likelihood of obtaining a work permit very small. We therefore ask students not to rely on this possibility. We do not encourage students to combine studies with the heavy workload from a part-time job.

Admission requirements

The application for all programmes starting September 2022 are closed. The application for September 2023 will open 1 October.

Programme deadline 15 May or earlier if the programme reaches maximum capacity. This is a capped programme, which means that the maximum number of applications we accept is 250. The application form will remain open until 15 May or until the maximum number of applications has been submitted (whichever comes first).

Immigration

COVID19

FOR THE MOST RECENT IMMIGRATION INFORMATION PLEASE CHECK THE FAQ’s

Important immigration information for NON EU/EEA Full-time BScIBA and MSc students

Depending on your nationality, you might need an Entry Visa and / or Residence Permit for the Netherlands, issued by the Dutch Immigration and Naturalisation Service (IND).  Students can only apply for an Entry Visa and / or Residence Permit through the RSM/ Erasmus University. Only with a valid Entry Visa and / or Residence Permit you are allowed to study at RSM/ Erasmus University.

Needless to say that RSM/ Erasmus University is not the institution that determines the requirements. The IND is the official governmental body that sets the rules and procedures.

Full-time BScIBA and MSc students who accepted their offer and hold a passport from an EU/EEA country do not need to apply for an Entry Visa and / or Residence Permit.

Full-time BScIBA and MSc students who accepted their conditional or unconditional offer and have a nationality and hold a passport of one of the following countries: Australia, Canada, United Kingdom, Japan, Monaco, New Zealand, South Korea, USA or Vatican State. 

Full-time BScIBA and MSc students who accepted their conditional or unconditional offer, have a nationality and hold a passport of one of the countries mentioned in Group III and IV. This procedure also applies to students with a Surinamese nationality.

Note for Chinese students
Obtain a Nuffic Certificate : 
All Chinese students (with the exception of students from Hong Kong, Taiwan and students with a British Overseas Nationality) must register with EP-Nuffic for a ‘Nuffic Certificate’ before their immigration application can be started. The certificate is a document providing an assessment of your English language proficiency and of the authenticity of your educational degrees and diplomas. For more information, see the Nuffic website

Validity Entry Visa
An Entry Visa is valid for 90 days (counted from the day that you pick up your Entry Visa).

Validity Residence Permit 
A Residence Permit is valid for the duration of your study plus three extra months. This means that you do not have to apply for an extension after one year.

I already have a Residence Permit for another EU/EEA Country

NON-EU/EEA students holding a (permanent or temporary) valid Residence Permit (e.g. for study purposes) for another EU/EEA Country no longer need to apply for an Entry Visa for the Netherlands. For these students, the procedure for a Residence Permit application applies. A copy of the EU/EEA-Residence Permit must be uploaded in your application. The Residence Permit must be valid at the time of the application, and still be valid when the student collects his/her Residence Permit in the Netherlands.

I already have a Residence Permit for the Netherlands

NON-EU/EEA students holding already a Residence Permit for the Netherlands (e.g. for study purposes, stay with partner or family, employment), need to apply for Switching InstitutionsChange of Purpose or an Extension of your Residence Permit. Requests can be sent after being completely registered (onwards September 1st) to EUR International Office: immigration@eur.nl or 3 months prior to the expiration of your permit.

The Financial Requirements (determined by the IND)

Before your immigration application is sent to the IND, you are required to prove that you have sufficient financial means to cover your study (only for the first year of your study)

  1. the Tuition Fee (BSc IBA €9,600.-, MSc €18,700.-;
  2. the Immigration Fee (€ 192.-)
  3. the Costs of Living for 12 months (€11,400.-: €950.- for every month of your stay in the Netherlands)

Note: it is not possible to pay your tuition fee in instalments

Contact details for the immigration application

Your main point of contact for the immigration application at RSM/ Erasmus University is Ms. Joyce Maliepaard.

Once you have a conditional or unconditional offer you receive the ‘Immigration application process’ (from mid March on). The guidelines explains the procedure to successfully process your application. After having received the information you will be registered in student registration system ‘Osiris Zaak’ (‘Osiris Zaak’ opens in  April).

After your registration in 'Osiris Zaak' your main point of contact is EUR Internatinonal Office (immigration@eur.nl). The immigration documents and invoice for the payment of the fees will be sent to you in 5 working days

Deadline for MSc students
The deadline for uploading your immigration application documents and your proof of payment in 'Osiris Zaak' is: JUNE 15th. If this deadline is not feasible for you, please send an email to visabscmsc@rsm.nl

Deadline for BScIBA students
The deadline for uploading your immigration application documents and your proof of payment in 'Osiris Zaak' is: JUNE 15th. If this deadline is not feasible for you, please send an email to visabscmsc@rsm.nl

Release date: March 2021

Housing

Looking for housing in Rotterdam? (MSc)

Housing information for full-time RSM students coming to Rotterdam

Although a complete and useful overview of housing information for International Students can be found on the housing pages of the Erasmus University, the information below especially applies to RSM’s first year BScIBA and MSc students coming from abroad. Arranging your stay

As in many major European cities, the demand for reasonably priced housing in Rotterdam is very high. Therefore, make it your number one priority and start searching immediately after being conditionally or unconditionally admitted to our BScIBA or one of the MSc programmes. As campus housing is limited, you may have to look for a room on the private market or seek other alternatives.

The ‘Short Stay Accommodations’ of RSM is run by the housing corporation SSH Student Housing (SSH), specialized in letting furnished accommodation.
For our first year BScIBA and MSc students coming from abroad, we reserve a range of furnished accommodations. Students can only apply for ‘Short Stay Accommodations’ for the first 12 months of their study (it is not possible to rent a room for less than 12 months). After 12 months you have to find accommodation by yourself. The SSH Accommodation is not available for partners or family of the student. 

Important: This message applies to all the students who have registered for the SSH housing for the 2022 academic year!

Please note that RSM has only 130 rooms to be divided among BSc and MSc students. A fair distribution will be made under the students. As SSH housing is limited, not every registration can be approved. Please be patient and waiting any approval. To increase your chances we strongly advice you to look for more housing possibilities here.

It is not possible to correspond about the result, neither by email nor by telephone

Available SSH housing/accommodation for BScIBA & MSc students
The SSH has four dorms you can choose from: one on-campus (Hatta Building) and three off-campus, only 15 minutes walking from the university (D'Blaauwe MolenOverhoningen and Erasmus International House). All rooms/apartments are fully fitted and furnished (not self-contained) and located at Struisenburgdwarsstraat in the district of Kralingen, This district offers everything that a student needs: the Erasmus University, little shops and typical student pubs are around the corner. The centre of Rotterdam and the Kralingse Bos are just a stone’s throw away. In most cases you have communal cooking facilities and sanitary fitting. Accommodations can not be visited in advance, but descriptions of the different buildings are available on the SSH website. Please not that rental prices are re-indexed every year.

When am I eligible to register for a room at the SSH ?
You can register for a room once you have been conditionally or unconditionally admitted to the first year BScIBA programme or one of the MSc programmes.

When and how can I register for a room at the SSH?

BScIBA students:

 

  • Tuesday 12 April 2022 at 12 PM: Start registration
  • Tuesday 21 April 2022 at 12 PM: Start booking

IMPORTANT NOTE: The SSH start the registration for all Bachelor students (Erasmus University students) on April 12th, while the BScIBA students get the outcome onwards April 15th. This means that RSM start approving your registration at the earliest on Thursday 21 April. The date of registration for the MSc students has been changed: 

MSc students:

 

Go to SHH*  and fill in:
City:                                          Rotterdam
Your educational institution:     Erasmus University Rotterdam (EUR)
Type of Resident:                     EUR Full Year Student (15 August 2022 - 31 July 2023) 
                                                    

When and how can I reserve a room at the SSH?
You can reserve a room and only see all the available rooms once your registration has been approved by the RSM. The approval proces for BScIBA students takes place onwards 19 April and for the MSc students on 12 May.

For BSc students: select and reserve a room      
Log in to My SSH to reserve a room within 7 days*:
* If you have not selected a room within 7 days, your application will be set automatically to “not approved”. After this period you can no longer reserve accommodation via SSH (to give other students also a fair chance to apply for accommodation). 

SSH will handle the whole process – from making a room reservation to payments. For more information about the Terms and Conditions, the Rental Guide and the FAQ’s, please visit the site www.sshxl.nl/en. Any questions can be addressed to: Rotterdam@sshxl.nl

Xior Building is a student building right next to the campus of the RSM/ Erasmus University. This 8th floor building upholds 280 studio apartments with all private bathroom and kitchen facilities.

Registration & Reservation opens on:

  • Wednesday 11 May 2022 at 12.00 PM
  • Fixed rental period: 19 August 2022 – 7 August 2022

RSM is not in charge for the rental of these rooms and is only for students coming from abroad. Your registration will be checked by the Real Estate Services Department of the Erasmus University. All your questions can be addressed to rotterdam@xior.nl 

 

The RSM/Erasmus University has a partnership with the companies SSH, XIOR, The Cohesion Cobana, Roomplaza and the Student Hotel. Additional information on the below mentioned housing providers, and many more, are listed on the Erasmus University Housing pages.

International Student Housing Rooms (ISHR)
Is a private initiative to manage shared living properties in The Netherlands. It was founded by former students of Erasmus University Rotterdam, who now work in the financial industry. ISHR is not an intermediary. It is a landlord-owned operating platform, developed based on lessons learned from a decade of interactions between international students and Dutch private landlords.The EUR has agreed on a partnership with ISHR and we have reserved around 40 flat share rooms exclusively for our first year International Bachelor or Master students.

Registration starts on:
Monday 2 May 2022 at 12 PM. Fixed rental period: 10 August 2022 - 31 July 2023

The Cohesion Cobana 
Located in Katendrecht, Rotterdam. Katendrecht is a vibrant part of Rotterdam with a central location. The FIZZ Cobana has a variety of Friends apartments. This unique concept is a great way to share living space of your apartment, but still have all the privacy you want with your own bedroom. As a student of the Erasmus you will have a possibility to live with other Erasmus students in a Friends apartment. It’s a perfect blend of privacy and sociability, whenever you want it. The Erasmus University has reserved for its International students 40 rooms. 
How to register? Please find here all the information.

RoomPlaza 
Offers students the possibility to rent a flat with a group of like-minded people. They have 80 rooms for BSc and MSc students. You can apply as an existing group or use your find-a-flat mate tool to form your own. RoomPlaza has a safe booking process with a 100% guarantee of avoiding scams by fake accommodation providers. How to register? Please find here all the information.

The Student Hotel
A hotel located in Kralingen Rotterdam which offers fully furnished rooms with a private bathroom, shared or private kitchen, WiFi, flat screen TV. Included in the price is a bike, use of the gym, study rooms, lounges and game rooms, 24-hour reception, laundry room and a restaurant/bar 
How to book a room? Please find here all the information. 

Updated: 2 May 2022

 

Hostels in Rotterdam

Some suggestions:

Boat Hotel – a short stay apartment on a historical ship in the centre of Rotterdam.

King Kong Hostel - a very cool hostel that blends industrial design with 21st century contemporary art. It has a superb location in the beginning of Witte de Wittestraat which is in the heart of Rotterdam’s social scene and all the city’s best bars and restaurants are on your doorstep.

Hostel ROOM Rotterdam – located in Rotterdam’s historic Scheepvaartkwartier, near a beautiful little harbour. There are lots of good places for wining and dining in the area and close to the city’s main park.

Hostel Stayokay – this hostel is located in the city centre of Rotterdam in the striking cube houses. Next to Metro station “Blaak”.

As tenancy agreements are often only provided in Dutch (huurovereenkomst), we recommend you to view the additional information on this topic provided on the Erasmus University website.  There you can also find information on Dutch housing terms, and other information on how to arrange your stay and other useful tips, for example on how not to get scammed.

Are you still in doubt?

Would you like extra information or support? We are here to help!

More to explore

Take a virtual tour across our campus

RSM campus

Will you lead or will you follow?

I Will