Fees & Scholarships

Fees & Scholarships

The combination of affordable tuition fees and living costs mixed with a quality education and global reputation make a Master’s degree at RSM an excellent investment.

Tuition fees 2017-2018

The tuition fee for the MSc Finance & Investments Advanced programme consists of two parts; the annual tuition fee, plus an additional one-time flat fee of €8,000.  The annual fee for the academic year 2017-2018 is €17,300. The Dutch government contributes towards the cost of the tuition fee for students who hold nationality from a country belonging to the European Economic Area (EEA). These students therefore pay only the statutory fee of €2,006 per year. Please note that the tuition fee is subject to change.

MSc Finance & Investments Advanced programme is a 16-month programme. The expected total for non-EEA students is therefore approximately €31,066 (including the additional one-time fee of €8,000) for the duration of this programme and for students coming from within the EEA approximately €10 674 (also including the one-time fee). Please note that the tuition fee is subject to change. 


Merit based scholarships are available for students with an excellent academic record and will be awarded in collaboration with our corporate partners. Scholarships will be granted based on prior academic excellence, motivation and performance during the selection interview. Applicants can apply for this scholarship by uploading a scholarship application letter in the scholarship section of the online application form. The scholarship application letter should explain why you believe you deserve this award. Information regarding the amount granted in scholarships will be communicated along with the official admissions statement.

Student loans for EEA students

If you hold a passport from one of the countries of the European Economic Area (EEA), then you can request a loan to cover the tuition fees from the Dutch government. Please look on the website of DUO (Dienst Uitvoering Onderwijs, an official governmental organisation ) for the specific requirements. 

Application fee

After having filled in all of the necessary information on the on-line application form and uploaded the required documents, applicants will be asked to pay the non-refundable € 100 application fee* (*applicants with a bachelor degree from outside of the Netherlands only). This application 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 application fee is non-refundable.  

Additional expenses

Upon accepting the offer of admission, applicants for the MSc Finance & Investments Advanced programme are expected to pay a deposit of €900. The deposit will be deducted from the €8000 euro extra fee when the student registers for the programme and pays the tuition fee. Students who do not register for the programme will lose the deposit.

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 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 cannot 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.

Non-EEA graduates can remain in The Netherlands after graduation in order to find a job. Please read further to find out how this 'Orientation Year' works.