The Master in Management specialisation of the MSc in Business Administration is a 60 EC programme and has a duration of 12 months.
View all autumn courses below:
The course Entrepreneurial Challenge is an intensive module. You will explore and experience what it entails to start a new and ambitious company. You will come to understand that not only existing businesses, but also new businesses require management. As you are enrolled in the Master in Management program, it is important to understand that without businesses there is nothing to manage, and without entrepreneurs there would be (and will be) no businesses. Furthermore, many RSM graduates will – at some stage in their career – consider entrepreneurship as a serious career opportunity.
In line with RSM’s mission statement we will focus on social entrepreneurship, supporting one of the SDG’s which will be introduced elaborately. The course contains a concise introduction to the domain of social entrepreneurship theory and research. To apply the key concepts and tools in a real-life setting, teams will develop and revise their own start-up opportunities and explore viable business models in the field of social entrepreneurship. Entrepreneurship is about turning unmet needs and unsolved problems into viable economic activity. The essence of entrepreneurship has been described as ‘the pursuit of opportunity without regard to the resources currently controlled.’ Entrepreneurship starts with the discovery of promising opportunities. Understanding the origins of such opportunities is key for start-up entrepreneurs and existing companies alike to develop business models that will effectively create and capture value from the identified opportunities. Entrepreneurship is not just a process, but also a mindset. In this module you develop that mindset by exploring the first stages of the process: the identification and evaluation of opportunities and the search for viable business models.
The course requires that all students actively participate in the classes. In addition, we expect the students to spend additional time per day on class preparation by reading the literature and doing project work. This course is a crash course into the (theoretical) foundations of entrepreneurship and a pressure cooker module for developing a business case and presenting it in front of a jury; both of them require your full dedication.
Instructor: Dr F. Jaspers
Why do some firms perform better than others? How can some companies manage to adapt to new innovations, while others can`t? Strategic management aims to provide explanations to these questions by investigating how firms can organize their internal resources and capabilities to align them with the environment to achieve competitive advantage. This course focuses on theories of competitive advantage, and analytical tools that managers can use to devise strategies for their businesses. We will discuss corporate- and business-level strategies and their role in creation a competitive advantage. We will also explore how new innovations can disrupt competition dynamics and how firms can respond to emergence of new technologies and new competitors who capitalize on these technologies. At each step there will be a healthy mix of theory and its application in real-life situations.
The course contains six sessions. Each session will consist of three parts. In the first part, we will cover the theoretical foundations of the session`s theme. In the second part, you will do an assignment in teams based on the session`s case and readings. In the third part, we will jointly discuss the case based on your answers to assignment questions. You will be randomly assigned to teams of 5 students to work on in-class assignments and the team project. Team compositions will be announced on Canvas before the first session.
Instructor: Dr K. Kavusan
The goal of this course is to introduce students to the marketing domain. Key questions that will be addressed during this course are: “What is marketing and the marketing concept?” and “How do companies create value?” Each session will consist of a blend of lecturing and (case) discussions. Students are expected to come well-prepared to classes and actively participate in the discussions.
Instructor: Prof. G. van Bruggen
The business analytics course is about statistical and machine learning methods and techniques and the application of these techniques in research situations. The course has a theoretical part, which explains the background of these methods and techniques, and an applied part, which builds the skills for using them in research situations. The lectures address the theoretical background of measurement and analysis techniques and give examples of survey development and the application of data processing techniques. The weekly assignments train the programming skills to apply the techniques in practice. The group assignments embed these techniques in a relatively unstructured task to address a self-selected topic in the sustainability domain, specifically the sharing economy. The course contributes to independent evaluation and application of quantitative empirical research.
Specifically, the following topics will be covered:
General methodological topics related with causal inference, hypothesis formulation, conceptual frameworks, and measurement scales
Correlation and multivariate regression analysis
Classification methods using logistic regression, decision trees, random forests, gradient boosting, and naive Bayes
Clustering by means of k-means and hierarchical methods
Assessing the performance of estimated models, both regression models and classification techniques
Explanatory versus predictive modeling
Elementary text mining and sentiment analysis, using Tweets, news articles, and possibly other online sources
Instructor: Dr J. van Dalen
In this course, we will explore core psychological principles that affect and shape the behaviour and decisions of actors in organizations. We start with a consideration of what guides independent individual choices and behaviour before gradually exploring how the social context and interdependence with other actors shape these factors. In the final part of the course, we consider settings in which teams work cooperatively to solve problems.
To explore these topics, this course relies on a series of interactive plenary sessions paired with a team project and a survey-based personal reflection assignment. During the plenary sessions we will discuss and analyse selected readings, cases, and research findings as well as engage in a variety of in-class exercises. For the team project, you will be tasked with tackling a practical challenge in individuals’ behaviour. And finally, based on peer feedback, you will reflect on your own behaviour in teams and develop concrete ideas to improve your own functioning in future teams.
Accounting is referred to as the language of business because it is widely used to describe all types of business activities. This course provides an introduction to the fundamentals of accounting. We discuss the various ways in which financial and non-financial information can be collected, and how this information is communicated to those making decisions. In general, we distinguish between financial accounting and management accounting.
Financial accounting deals with the primary financial statements – balance sheet, income statement, and cash flow statement – and is designed primarily to assist investors and creditors in deciding where to invest their money. How financial statements are prepared and what laws and regulations financial reporting has to comply with is discussed in this part of the course. The determination of needs for information, the design of an accounting information system, and the provision of (financial and non-financial) information are important steps.
Management accounting emphasizes the use of accounting information for internal planning and control purposes. Any organization’s long-term competitive success is critically dependent on (1) the quality of accounting information about its products, services, processes, suppliers, and customers, (2) its ability to act rationally on that information, and (3) its ability to motivate its employees and control its performance consistent with that information. Topics in this part of the course include cost accounting terminology, activity-based costing, value-based management, cost-volume-profit analysis, budgeting, responsibility accounting, and decision making.
Taught by Dr M. Margolin.
Building my Career runs across block 1-5 and consists of various (digital) questionnaires, exercises, lectures, and other formats to prepare you for the labour market and your future career. As this preparation is not a straightforward, easy process we invite you first to start with an internal journey and learn more about yourself – in terms of personal drivers, interests and values and then find a fit with the external side – the industries.
See this page for more details.
During the second part of this course you work on your personal career narrative and practice building up a personal professional network effectively in a series of workshops and assignments.
The diverse tools as used in this course will include not only job search and acquisition techniques, but also the tools for personal career development that provide the best insight into tactical decision-making; identifying and choosing from options with the goal of optimal career fulfilment now and in the future.
Using both a theoretical and practical approach, the goal of the lectures, workshops, exercises digital tools and between-class assignments is to produce competitive job candidates who enter the market well prepared to make informed career decisions.
View all spring courses below:
Finance deals with topics that are particularly relevant for business decision-making such as whether or not to invest in a project, how to finance an investment, and how to deal with uncertainty.
This course deals with the modern fundamentals of finance and describes how investment opportunities are valued in financial markets. The most important concepts in this course are the net present value, capital budgeting, the risk-return relationship, and the efficient market hypothesis. We will use these concepts to address one central question: How should a manager of a firm make investment decisions?
Taught by Dr G. Xu.
The research clinic (BMRSCMiM) supports the first steps of the thesis trajectory where the students develop their research proposals. It helps students see what it takes to go from an interesting research topic, to specifying a concrete research problem, decide on a research question, research strategy and method. Lectures and workshops during the research clinic will help to craft a research question, conduct the literature review, craft the introductory chapter and discuss methodological topics. Furthermore, the research clinic introduces the students to the specific possibilities of either qualitative research or specific quantitative methods for research in finance, depending on the students’ choice of research profile. It builds on the course Business Analytics.
This course is worth 1 EC
The first part of the course examines effective decision making. Important decisions cannot be left to intuition alone. We need to communicate the structure of our reasoning, defend it to adversarial challenges and make presentations that show we have done a thorough analysis. We also need to make sense out of various sources of data, organize the inputs of experts and colleagues, and use state-of-the-art business software to provide analytical support to our reasoning. To equip you to be more effective in these tasks is the overall objective of the first part. The emphasis is not on the quantitative aspects, but on the qualitative insights that come from using models to aid managerial thinking and decision making. The course is multi-disciplinary in nature and links to several other areas, including finance, operations management, marketing and accounting, through the choice of cases, thus adding an analytical dimension to the teaching of these areas.
The second part is on Operations and Supply Chain Management, which is concerned with designing, delivering, and improving services and products upon which we all depend. Everything we wear, eat, sit on, use, and read comes from operations processes – the value-adding transformation process. Operations and its nature succor - Supply Chain Management have emerged as one of the major areas for companies to gain a competitive edge. When a new vision and competitive strategy are specified, their success depends on having the appropriate operations in place to deliver and attain these goals. This is a complex and challenging process given the current business trends of expanding product variety, short product life cycles, increasing globalization and pressure to be socially responsible. This part aims to introduce you to the concepts, theories and methods of operations management. We will explore the issues and variables that govern operations management decisions, and present tools and methods for understanding and managing costs, speed, flexibility, dependability, and sustainability.
To bring business closer to your academic education and enhance your understanding of the business world in practice the consultancy project is part of the program. In the consultancy project you are challenged to analyse a real-life problem coming from a business-client and understand the specific needs in and of a client organization. In a group of approximately 6 students you will be asked to help a client solving a problem by developing new and sustainable recommendations. This process takes place in a project-like work setting in intensive contact with the client. You are expected to understand the clients’ needs, scope and narrow down the problem into a researchable question, develop and use a suitable theoretical framework, collect data and explore potential solutions and make recommendations. The projects often take place within a context with various stakeholders. Hence, dealing with a variety of different stakeholder is part of the project.
Next to problem-solving skills necessary in this project team cooperation and leadership in and of a team are relevant aspects in this project. To reflect on the team process and improve on your team behaviour various challenge and reflection moments are built into this 4 month process. The project team is invited to assess their members’ behaviour and critically reflect on possible improvements.
Instructor: Dr I. Bogenrieder and diverse others
Content: Corporate Governance is about ‘the rules of the game’ within which firms develop and exploit their resources and undertake business activities to create and appropriate value. These ‘rules of the game’ are shaped both at the country level (e.g. markets, laws, culture) and at the level of the firm (e.g. ownership, the board, alliances, etc.), at which level they are most flexible. At the firm level, these rules of the game include the ownership of the firm, its basic decision-making structures and practices, as well as the accountability structures and practices through which those who make and/or execute decisions can be held accountable by those bearing residual risk from those decisions. In publicly listed firms, for example, executives make the bulk of everyday decisions, while dispersed and therefore mostly uninvolved shareholders (as well as other stakeholders) bear the risks that result from them. This has traditionally made the question how dispersed, and uninvolved shareholders can secure maximal returns from the firm a central corporate governance challenge for publicly listed firms.
A striking fact about economic reality, however, is that there do not just exist publicly listed firms but many different forms of ownership, such as: founder owned start-ups, partnerships, cooperatives, family firms, state-owned firms, and non-profit organizations, for example, that each dominate specific industries, such as Fintech, accounting, agriculture, defense, higher education, and healthcare, for eaxmple. Firms with different types of ownership face their own distinctive corporate governance challenges and will therefore need to develop an equally distinctive set of corporate governance structures and practices to meet these challenges. As a result, there does not exist any single corporate governance model that is suitable for all firms.
Overarching aim of the course: Given that is there exists no single best solution to questions of corporate ownership and governance, the overarching aim of this course is to develop a strategic understanding of corporate ownership and governance. In this view, the ultimate aim of corporate ownership and governance is to align the firm’s ownership, decision-making, and accountability structures and practices, on the one hand, with its strategy, core activities, key resources, and critical resource dependencies, on the other, to unleash value creation and value appropriation for the firm and its owners and stakeholders.
To develop a strategic understanding of corporate ownership and governance, we will discuss various forms of ownership, such as publicly listed firms, (professional) partnerships, family firms, and founder owned start-ups, for example, in order to explore a variety of corporate governance structures and practices that can be implemented to meet these challenges. Because the ownership of the firm generally is the most foundational ‘governance choice’ to be made, we will often begin our analysis by discussing the costs and benefits of different forms of ownership and the specific governance challenges that arise from these. We will also discuss the corporate governance role of the firm’s stakeholders, however, and explore the governance strategies and practices that firms can develop and implement to secure stakeholders’ continued involvement in, or support for, the firm. Finally, we will explore how firms can secure their societal license to operate, because as institutions of private ordering, firms can only exist and function within an institutional context comprised of public ordering (e.g. the state, the law, society, etc).
Instructor: Prof. H. van Oosterhout.
The Master thesis - including the thesis proposal – constitutes an important piece of academic work you engage with during the spring semester of the MScBA - Master in Management. The Master thesis requires students to conduct independent, individual research in one of the functional domains (‘profile’) in business administration addressing key managerial issues. The thesis is perceived as a proof of academic level thinking and intellectual and analytical craftsmanship. During the thesis trajectory MiM students study a field in business administration in more depth.
The thesis provides students with an opportunity to deepen their understanding of an area of interest, as they need to critically explore a concrete managerial problem in the chosen domain and come to well-argued and managerially relevant conclusions. It allows them to improve their skills in practical scientific business and management research, and also to develop a personal profile.
While following the regular structure of an academic thesis at RSM, MiM students pay special attention to the impact of their results for business and their managerial relevance. The thesis topics cover the main domains in business administration, e.g., marketing, strategy, finance, supply chain etc. but the research objective must be put in the bigger context of business administration. The title of the thesis will be mentioned on your grade list. Therefore, it is recommended to choose a title clearly indicating the business relevance.
The thesis counts for 16 EC.
Instructors: Individual & Dr B. Koene (plenary)
The aim of the course ‘Your Future Career’ is to prepare RSM students at an early stage in their master's for their careers.
The online modules will help you make crucial steps towards the most suitable career step, whether an internship or a job.
To pass the course, you need to gain a minimum number of points within a few months. You can decide if you want to reflect on your interests and motivations, develop knowledge of the job market, receive peer feedback on application materials, learn to love networking, or attend an interactive alumni career panel or workshop.
See this page for more details.
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.
Why this programme?
Your advanced business and management knowledge, combined with your non-business bachelor degree puts a long list of clear benefits onto your CV.
You have demonstrated your ambition to use your bachelor discipline as a springboard into management. Your studies and the unique learning experience at RSM have given you knowledge of general business administration and demonstrated your aptitude for adapting to new situations.
You will have gained international experience and interpersonal skills, and will have developed your academic, managerial and social skills through real-life business cases and company assignments.
You have a thorough understanding of key issues faced by businesses, and your thesis shows that you have investigated one specific functional area in more detail, thus demonstrating an affinity for a future employer. There is also scope within the programme to emphasise certain functional areas of business. You can express an affinity for, for example, finance, marketing, logistics, or HR by carefully selecting your consultancy project, your thesis, or the opportunity for exchange study.
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 following website.
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.
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.
Cas van Andel
Sven van Marle
Bruno Rhodes Costa
Gabriella van der Veen
Pedro Luis Barrera Albarello
Sara Di Perna
Sophie van den Noort
Allen Foster Pushparaj
Raissa de Boer
Alessandro Gallo Stampino
Carlos Juan Berkhoff
Evan van der Holst
MiM Master Study Club
MSc employment report
Studying at RSM
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.
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.
What is your ‘I WILL’?
RSM’s I WILL movement allows you to define your goals, your ambition, your drive. It’s our forward-thinking community that asks you to say something about your future. Your I WILL statement becomes part of the spirit of RSM’s diverse community of students, researchers, staff, professors, alumni and others related to the school. Making a public commitment to your goal will allow you to achieve it faster and better. What is your goal?
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.
Master Study Club
Explore the campus
Life in the city
Coming from abroad
Fees & scholarships
The 2024-2025 tuition fee for the MSc programmes is approximately €22,500 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 €2,530 in 2024-2025.
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 €13,200.
Please note that all these tuition fee tariffs are subject to change.
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.
- G&D Europe Scholarship
- NN Future Matters Scholarship
- Russia: The Global Education Programme
- 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.
After having filled in all of the necessary application 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.
The additional expenses in addition to tuition and general living costs (see below) 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
For a reasonable standard of living in the Netherlands, you should have an income of between €1,000-€1,600 per month depending on your lifestyle. Further information about the costs of living in the Netherlands and related subjects can be found on this website. Below is an example of monthly expenditures:
|Furnished accommodation, including gas and electricity||€ 500-900|
|Medical insurance||€ 50|
|Food||€ 200 - 300|
|Books, recreation, clothing||€ 200 - 300|
|Public Transportation||€ 50|
|Total||€ average 1000 - 1625|
|Other potential expenses:|
|Buying or renting a bike||€ 100 - 250 (for the full 3 years)|
|In private residence (not student housing) yearly municipal and water taxes||€ 100 - 300 (per year)|
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 & application
The application for MScBA Master in Management for the September 2023 start has closed, as the programme has reaced maximum capacity. Application for the September 2024 start, will open on the 1st of October, 2023.
Immigration & housing
Immigration & visas
Find out everything you need to know about entry visas & residence permits for non-EU or EEA students at RSM.
Finding housing in Rotterdam can be tricky. To help you in your search for housing, we have compiled some helpful resources