MBA in Netherlands: A Complete Guide for International Students
MBA is Netherlands is a 1-2 year program consisting of coursework like Finance, Economics, Marketing, Accountancy and Management. Approximately 49% of students pursuing MBA from this country are able to secure campus placements. Among the rest, 25% are recruited after completion of the coursework.
- GRE/GMAT score and relevant work experience are required to study MBA from Netherlands universities.
- Annual tuition fee of MBA in Netherlands is approximately between 7 lakhs INR to 44 lakhs INR.
- Approximately 97% of the study abroad aspirants entering the Netherlands are enrolled in the MBA program.
- Average salary earned by an MBA graduate in the Netherlands is 60 lakhs INR per annum.
Why Study MBA from Netherlands?
The first and foremost reason for studying MBA is to get a good prospect for a career path. The administrative coursework leads to building leadership characteristics, and hence, the probability of becoming a manager is increased.
However, the cost structure of the program is very high. Hence, before investing such a lump sum amount, students need to identify the reasons for studying this program from Netherlands universities once they complete bachelors.
Quality of Standard in MBA
The MBA in Netherlands is accredited by National Accreditation Body (NAVO) and also by the global accreditation institutions like EQUIS and AMBA.
The institutes and the universities of Netherlands target to strengthen three root concepts of MBA study such as stewardship, entrepreneurship and leadership.
Availability of jobs in the Netherlands
There is no shortage of management jobs in the Netherlands (small to medium and large-sized jobs are numerous across the country). Therefore, the eligible students are able to flourish themselves in the industry.
After completion of MBA coursework, the students are successfully recruited by the renowned employers in the Netherlands like Philips, ABN AMRO, FrieslandCampina, Canon, Google, Kraft Heinz, TomTom etc.
Stable Economy of the Netherlands
The Dutch economy is highly stable and the standard of living of the country is at the highest position among the European Union. The employment rate of the Netherlands has increased from 78.10% in the third quarter to 78.40% in the fourth quarter of 2019. Hence, it is reflected in the employment rate of the Dutch public sector.
Favourable Immigration Laws
The Dutch immigration laws are highly attractive to global students, especially those who are looking for studying in Europe. The international students can live one year even after completing their MBA coursework to search for jobs under the student visa.
Within this deadline, if the students crack a job, then the employers of the companies file a residential permit for them, which is referred to as ‘Knowledge migrant’ or Kennismigrant.
Top Universities Offering MBA in Netherlands
Approximately 10 universities in the Netherlands offer a full-time MBA program. Out of this, Rotterdam School of Management (RSM) and TIAS School for Business and Society were ranked at 29 and 101-110 respectively by QS Global MBA Ranking 2020.
Financial Times ranking of top universities offering MBA across the world positioned Rotterdam School of Management at 66th position.
Following are the list of some of the top MBA colleges in the Netherlands, according to THE Ranking 2020 for business and economics:
|THE Ranking 2020||University||Business School||Program Duration||Total Fees (in INR)|
|28||Tilburg University||TIAS School for Business and Society||1 year||30,78,337|
|32||Erasmus University||Rotterdam School of Management||1 year||44,32,806|
|68||Maastricht University||Maastricht School of Management||1 year||26,67,892|
|82||University of Amsterdam||Amsterdam Business School||1 year||32,75,351|
|-||Saxion University of Applied Sciences||Saxion International||1 year||9,85,068|
|-||Hanze University of Applied Sciences||Hanze International Business School||1.5 years||16,41,780|
|-||Nyenrode Business University||-||1 year||34,47,738|
|-||International Business School, The Hague (IBSH)||-||2 years||13,95,513|
|-||Webster University||-||1 year||23,64,163|
|-||Hague University of Applied Sciences||-||1 year||16,40,959|
Programs Offered for MBA in Netherlands
This section further discusses the details of MBA programs available in some of the top universities of the Netherlands:
Rotterdam School of Management
RSM specializes in catering to multiple management courses. These are International MBA, Executive MBA, Global Executive OneMBA, Cologne Rotterdam Executive MBA.
The average tenure of these course works are 12 months to 24 months. Apart from this, the students have the flexibility to choose both the part-time and full-time MBA courses as per their convenience.
University of Amsterdam
- The students of this university get the opportunity to attend one-on-one career guidance.
- University of Amsterdam has specialization in providing Advanced Big Data and business analytics coursework.
- In addition, the students can enrol their names for MBA in Health Care Management.
Maastricht School of Management (Maastricht University)
This management school is specialized to teach subjects like supply chain management, digital economy, sustainable development, international business and entrepreneurship, and public sector management. The students can apply to either full time or executive or online MBA coursework.
Nyenrode Business University
- Nyenrode offers its students to boost up in personal leadership as well as in European Business.
- The students can attend international seminars, which are organised by the university authority to the countries like Zurich, London, Brussels, Valencia, Copenhagen and Frankfurt.
- Consequently, the students can make a good and strong connection with the European Businesses.
TIAS School for Business and Society (Tilburg University)
The cost structure of this college is relatively cheaper. The students can boost up themselves in social ramifications. Programs offered include Executive MBA, Executive MBA in Food and Business, full-time MBA and Global Executive MBA.
Admission Process for MBA in Netherlands
A bachelor's degree and a satisfactory GRE/GMAT score are required to apply for MBA in Netherlands.
Where to Apply: Students can apply directly through the university’s application portal.
Admission Requirements for MBA in Netherlands
Some of the basic requirements that students need to follow for taking admission in Netherlands universities for MBA coursework are:
- Bachelor's degree or equivalent.
- GMAT or GRE or equivalent entrance exam test score (recommended, not necessary for all universities)
- Work Experience (Not Mandatory, varies with university).
Requirements for admission in some of the top business schools of the Netherlands are listed below:
Tilburg University MBA Requirements
- Bachelors degree in any field
- GMAT score (previous entering class average was 620)
- 3 years of relevant work experience (entering class average was 7 years)
- Interview; skype or telephonic interview option is available for international students
Rotterdam School of Management MBA Requirements
- Bachelors degree in any field
- GMAT/GRE score
- 3 years of professional experience
- Two letters of recommendation
- One essay
- Video Response via Kira Talent
Maastricht School of Management MBA Requirements
- Bachelors degree in any field
- 3 years of relevant work experience
- 2 letters of recommendation
- A letter of motivation
- Copy of passport
Amsterdam Business School MBA Requirements
- Bachelors degree in the related field
- 1 page CV
- 3 essay’s of 250 words based on prompts given by a university (3rd is optional)
- GRE/GMAT test scores (recommended)
- Contact information of 2 references
- Interview conducted on-campus or via skype
Admission requirements for rest of the universities offering MBA in Netherlands are:
|Saxion University of Applied Sciences||2 years of work experience, interview|
|Hanze University of Applied Sciences||3 years of work experience, 2 reference letters, letter of motivation, CV, interview|
|Nyenrode Business University||3 years of work experience, GMAT/GRE scores, interview|
|International Business School, The Hague (IBSH)||400 – 500 words letter of motivation, 2 letters of references, CV|
|Webster University||CV, letter of motivation, 2 letters of recommendation|
|Hague University of Applied Sciences||2-3 years of work experience|
Proof of English Language Proficiency
International students are required to submit IELTS or TOEFL test scores to demonstrate proficiency in English language. Minimum test score requirement for studying in the Netherlands is provided below:
- IELTS: 6.0
- TOEFL (iBT): 80 (approx)
Visa Process for International Students
International students need to follow the below-given steps to apply for a provisional residence permit in the Netherlands. However, they get the edge to extend their visa expiry date by renewing the permit.
- Apply for a visa through Studielink.
- Submit all the required documents and visa fees through the link.
- The aspirants have the option to apply for another university if they get rejection from one university within the projected tenure.
- The universities submit the MVV and VVR requests for the aspirants to Immigration and Naturalization Service (IND) office of the Netherlands.
- The visa confirmation will be received from the respective universities to Studielink profile.
- One needs to wait for 90 days to sanction their Visa application.
In order to apply for a student visa in the Netherlands, the students need to pay 18,830 INR and they need to show 74,200 INR in their financial funds per month. The visa acceptance rate is more than 90%.
Cost of Studying MBA in Netherlands
International students are required to pay three types of expenses, namely Pre-arrival Cost, Tuition Fee and Cost of Living.
This includes the expenses incurred while applying for a university. A brief summary is tabulated below:
|Type of Expense||Cost (in INR)|
|Student Visa Fee||18,830|
Tuition Fees of MBA in Netherlands
International School of Business and Saxion University of Applied Sciences offers cheapest MBA in Netherlands with annual tuition fees of 7 lakhs INR per annum and 10 lakhs INR per annum respectively.
Cost of Living in Netherlands
The estimatedcost of living for a student in the Netherlands is approximately 10 lakhs INR per annum. Table below provides an estimate of such expenses:
|Types of expenditures||Cost in INR (Annually)|
|Hostels or room rent||3.58 Lakhs|
|Cost of food||51,000|
|Public transport||3 Lakhs (Public transport in the Netherlands is costlier compared to the rest of the countries of Europe)|
Scholarships for MBA in the Netherlands
Finances of students pursuing MBA from Netherlands are sometimes sponsored by the government. This is dependent upon the level of merit of the aspirants.
Some of the scholarships available for international students in Netherlands are:
|TIAS Scholarship for Future Leaders||Tilburg University||Varies|
|TIAS Scholarship for Women in Business||Tilburg University||Varies|
|TIAS MBA Merit Scholarship||Tilburg University||Varies|
|RSM MBA Scholarship||Rotterdam School of Management||50% of tuition fees|
|Alumni Lifelong Learning Scholarship||Rotterdam School of Management||10% of tuition fees|
|Academic Excellence Scholarship||Maastricht School of Management||50% of tuition fees|
|Entrepreneurship/Family Business Scholarship||Maastricht School of Management||25% of tuition fees|
|GMAT Scholarship||Amsterdam Business School||82 lakhs INR|
For more scholarships in Netherlands, click here.
Jobs after MBA in Netherlands
The demand for MBA students in the Netherlands has been growing at a rapid pace. Once students get into the job market, they can experience sharp growth in their career.
- Chief Technology Officer can expect a salary growth of 15% within the year 2024 in the Netherlands.
- The financial manager of the country can enjoy a 7% growth rate in their pay scale by the year 2024.
- The pay-scale of the investment banker will be increased by 10% within the next 5 years.
The highest scoring and talented MBA students of Netherlands are usually recruited by companies like Kraft Heinz Company, PayPal, Janssen Vaccines & Prevention B.V, Phillips, Boston Consulting Group etc.
The highest-paid Dutch MBA alumni usually receive approximately 88,29,800 INR annually. The lowest-paid employees are mostly the graduates, who are engaged with the tourism and hospitality industry and doing their internship. These internships are good for career prospects since it helps to increase their experience level of working in the technical field.
|Job Roles||Average Annual Payscale (In INR)|
|Executive management||1.01 Crore|
|Financial services||96 Lakhs|
|Finance control and strategy||68 Lakhs|
|Legal and paralegal employees||65 Lakhs|
|Energy, environment and chemical department||61 Lakhs|
It can be inferred that the standard of business education in the Netherlands is very high. The students have the opportunity to go to other countries and explore their career path as per their convenience since the Dutch MBA coursework is accredited by the international governing bodies such as NAVO, EQUIS and AMBA.
On the other hand, the fellows will have good career prospects in the Netherlands since there is a prediction of increasing the employment rate of the economy. Consequently, the MBA graduates can shine in their own domain.
Ques. Name some of the top MBA colleges in Netherlands.
Ans. Tilburg University, Rotterdam School of Management, Maastricht School of Management and Amsterdam Business School are some of the top-ranking colleges offering MBA in Netherlands.
Ques. Can I apply for MBA in Netherlands without GMAT score?
Ans. Although submission of GMAT score is highly recommended for admission in top ranking colleges, Maastricht School of Management, Saxion University of Applied Sciences, Hanze University of Applied Sciences and Webster University do not have it as a compulsory requirement. Some universities also accept GRE as a substitute of GMAT score.
Ques. What is the cost of pursuing an MBA in Netherlands?
Ans. Total program fees of universities offering MBA in Netherlands is between 9 lakhs INR to 44 lakhs INR. Cost of living in the Netherlands for an international student is approximately 10 lakhs INR per annum.
Ques. Can I pursue an MBA in Netherlands without work experience?
Ans. Among all the top universities offering MBA in Netherlands, Amsterdam Business School and Webster University accepts students even without work experience. For admission in the rest of the universities, you are required to have at least 2 to 3 years of relevant work experience.
Ques. What type of jobs are available in Netherlands after MBA?
Ans. After completion of the program, you are offered jobs mainly in managerial roles. The highest paying salary for a graduate with MBA in Netherlands earns approximately 88 lakhs INR per annum.