Fees & Scholarships
Fees & Scholarships
The combination of affordable tuition fees and living costs mixed with a quality education and global reputation make a Masters degree at RSM an excellent investment.
Tuition fees 2019-2020
The 2019-2020 tuition fee for the MSc programmes is approximately €18,000 per year. The Dutch government contributes towards this cost for students who hold nationality from a country belonging to the European Economic Area (EEA). These students therefore pay only the statutory fee of €2,083 per year. Please note that tuition fees are subject to change.
For EEA nationals who have already completed a master in the Netherlands (and obtained the diploma) the tuition fee for a 2nd master is €11,900.
The MScBA Master in Management (16 months), MScFI Finance & Investments Advanced (16 months) and the MScIM International Management - CEMS (18 months) are longer programmes, therefore the tuition fees will have to be paid for the duration of the programme. The expected total for the 16-month programmes for non-EEA students is approximately €24,000 and approximately €2,777 for EEA students. For our 18-month programmes the expected total for non-EEA students is approximately €27,000 and approximately €3,125 for EEA students. Please note that tuition fees are subject to change.
Deposits upon accepting the offer of admission (International Management/CEMS and Finance & Investments Advanced)
For the MSc International Management/CEMS programme a deposit in the amount of €750 is required upon accepting the offer. Students who drop out of the programme will forfeit this deposit. For those students who begin the programme in 2019-2020 and complete the Block Seminar at RSM in the fall, €300 of the deposit will be allotted for participation in the RSM Block Seminar, and the remaining €450 of the deposit which will be reimbursed in September/October 2019.
For the MSc Finance & Investments Advanced programme, there is an additional one-time flat fee of €8,000. A portion of this fee, €900, is paid as a deposit when accepting the offer of admission. The deposit is non-refundable.
Grants & Scholarships
RSM offers a limited number of scholarships for excellent applicants from non-EEA countries. Various scholarship programmes which are accessible to MSc applicants are mentioned in the Scholarship finder.
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.
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
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.