A Global Executive MBA from RSM will benefit you for many years to come, both professionally and personally. It is also a serious commitment of time and money. You should therefore carefully consider and plan for the costs involved. It is important to consider your financing options early, even before you apply. Although it is ultimately your responsibility to fund your MBA at RSM, our office is happy to talk you through your options. 

Tuition

Course Fees and Additional Expenses

The cost of tuition for the Global Executive MBA programme starting in September 2024 is €72,000, billed over the course of the programme. 

AmountPayment TypeDue Date
5,000Admissions feeUpon registration
23,0001st Instalment16 September 2024
23,0002nd Instalment28 May 2025
21,0003rd Instalment5 January 2026

The programme fees cover tuition, course materials and essential GEMBA text books. 

  • Accommodation costs for Global experiental learning experiences are included in your programme fees; however, each participant is responsible for travel arrangements to and from the destination.
  • Participants are strongly advised to own a laptop. The cost of this is not included in the programme fees.

Financing Your Global Executive MBA

GEMBA Sponsorship & Alumni Offers

With the majority of our students getting company support, either in terms of financing or time, approaching your organisation is probably the first place to start. We have a sample Business Case you can download to assist with this.

At Rotterdam School of Management, Erasmus University (RSM) we believe in and foster life-long learning. In recognition of this ideal, we are offering graduates from the RSM and EUR Bachelor and/or Master degrees a 10% MBA Lifelong Learning Discount offered as a tuition fee waiver.

In order to be considered for this discount you must:

  • Be a RSM or EUR Alumni graduated from a Bachelor and/or Master programmes;
  • Submitted certified graduate proof of the Bachelor and/or Master degree from RSM or EUR with your MBA application and that these have been verified by the RSM MBA Admissions Committee;
  • Received an offer to join our Executive MBA programme;
  • Candidates who are recipients of this discount will not be eligible to be considered for any other Scholarship available at RSM.

Tax Benefits and Financial Funding

MBA students in Germany who are self financing their programme may be able to deduct tuition fees from the income tax they pay within Germany.

On 1 September 2017, the Dutch government introduces a new loan of up to €10.030,20 per year for higher education. 

The following two financial institutions are specialised in offering MBA loans as tuition fee only to RSM MBA candidates. If you are considering a loan arrangement to finance your MBA, please contact them directly as RSM has no influence as to your loan eligibility.

The information disclosed on our website relating to financial service providers such as Prodigy, Lendwise or any other financial lender is not a substitute for professional financial services and/or financial advice. The information is provided purely to show options that might be available for you to fund your MBA. RSM does not endorse or advice on any particular service provider, lender or loan product nor does RSM mediate or otherwise bring you into contact with any financial service provider. Accepting an MBA loan from a financial service provider and adhering to the conditions upon which you accepted that loan is solely your own responsibility. RSM cannot not advise you, nor are you under an obligation to initiate contact or accept any financial service provider listed on our website. RSM cannot be held responsible for any financial service provider you may decide to go with.

Lendwise

Lendwise is a specialist loan provider based in the UK which is dedicated to education finance for individuals who are looking to fund their studies at world class universities.

Lendwise's aim is to enable access to education through its affordable and flexible student loans that come with a fixed interest rate and no early repayment penalties. Interest rates are personalised and depend on an applicant’s overall profile including future earning potential, and the application process is entirely online. Full time programme students have access to a grace period that allows for repayment to start after graduation.

UK, EU and North American nationals are eligible for a Lendwise Loan. For other nationalities, Lendwise will review your application on a case-by-case basis.

Contact Lendwise direct to apply or if you have any questions about Lendwise or your RSM loan application.

If offered a place on our MBA programme, depending on the loan amount, this will impact the MBA instalment payment schedule. If you are accepted for a Lendwise loan, candidates must request a loan confirmation letter and email a copy to us at finance@rsm.nl who will liaise with you further regarding this. Candidates must pay their admissions fee of €5,000 according to the terms in the MBA offer letter as it is not waived because of any potential Lendwise loan arrangement.

Prodigy Finance

Prodigy Finance’s innovative lending model offers community-funded loans to international students at the world’s top business schools, including RSM. While banks base their loan decisions on historical salaries, Prodigy looks to the future, and assesses applicants’ future earning potential – based on the past achievements of similar graduates – to determine loan affordability.

Prodigy’s model is borderless, allowing them to offer loans to over 150 nationalities of students, with no collateral or co-signer required. Interest rates vary depending on individual applicants. Read the details of the terms and conditions, and how to apply for a loan on Prodigy’s website.

The MBA loan is offered at an attractive interest rate. Deadline to apply for a Prodigy Finance loan is six weeks before the GEMBA programme commences. You can apply here.

When accepted for a Prodigy Finance loan, candidates must send their Prodigy Finance loan confirmation letter to us at finance@rsm.nl. Candidates must pay their admissions fee of €5,000 according to the terms in the MBA offer letter as it is not waived because of any potential Prodigy Finance loan arrangement.

Apply online via Embark

Via Embark you can register and provide us with the documents needed to assess your application. After your submission, one of our Recruitment & Admissions managers will get in touch with you to discuss the following steps.