What Is an MBA Degree?

MBA in the Netherlands

MBA in the Netherlands

From the buzz of startups to the art of achieving work-life balance, the Netherlands offers more than meets the eye. If you're considering studying for an MBA in the land of tulip fields and bustling cities, prepare for an enriching experience like no other.

Below, we will explore some of the reasons to consider this country for your MBA, as well as useful information on eligibility requirements, tuition & living costs, prospective employers, and much more.

Why Study MBA in the Netherlands

Studying for an MBA in the Netherlands offers multiple benefits. With top-ranked business schools, a global perspective, and a vibrant entrepreneurial ecosystem, you'll be well-prepared for a successful career. The country's expertise in logistics, sustainability, and high-tech innovation adds to the appeal. Practical learning, a widespread proficiency in English, and access to industry leaders further enrich your educational journey.

Additionally, its EU membership provides insights into European business dynamics, while cultural diversity enhances your adaptability in a global workforce. Customizable curricula and specialization options in MBA programs offer tailored learning, making the Netherlands a top-notch destination for aspiring business leaders.

MBA Programs in the Netherlands

When it comes to top-ranking universities in the Netherlands, these are the MBA programs that truly stand out for their quality and popularity:

  • Rotterdam School of Management (Erasmus University)
  • TIAS Business School
  • Maastricht School of Management (Maastricht University)
  • Amsterdam Business School (University of Amsterdam)

MBA in the Netherlands Program Types & Duration

When considering pursuing an MBA in the Netherlands, it's crucial to understand the various program types available and their durations. These are the most predominant programs you’ll find at Dutch business schools:

  • Full-Time MBA. Running for 1 to 2 years, this immersive program lets you fully immerse yourself in studies and networking, providing a comprehensive experience.
  • Part-Time MBA. Crafted for working professionals, this choice spans 2 to 4 years, offering evening or weekend classes for flexible learning alongside your existing commitments.
  • Executive MBA (EMBA). Tailored for seasoned professionals, the EMBA program hones leadership skills and practical knowledge through a flexible schedule that accommodates your work routines.

MBA programs in the Netherlands also offer a wide range of specializations and core subjects such as:

  • Accounting & Finance
  • Entrepreneurship
  • International Business
  • Retail Management
  • Supply Chain Management
  • Sustainable Business
  • Digitalization

MBA in the Netherlands Eligibility

To be eligible for an MBA in the Netherlands, business schools often consider the following common admission criteria:

  • Education. You typically need a recognized bachelor's degree, and some programs specify a minimum GPA.
  • Work Experience. They often prefer relevant work experience, which can vary from a few years to more.
  • English Proficiency. As programs are commonly in English, you might need to prove your level of proficiency through tests like IELTS or TOEFL.
  • Recommendations. You will have to provide letters of recommendation from professionals or academics.
  • Standardized Test Scores. Some programs might require you to submit scores or take the GMAT or GRE upon conditional admission.
  • Statement of Purpose. Crafting a clear statement explaining your goals and reasons for pursuing an MBA is often necessary.
  • Interview. Universities may conduct interviews to assess your fit for the program.

Remember, these criteria can differ, so always refer to the university's official information for accurate requirements.

MBA in the Netherlands Cost

The cost of an MBA in the Netherlands can vary based on factors like the university's reputation, program duration, and specialization. Living expenses also vary depending on your chosen city, with Amsterdam typically being more expensive than other cities. Scholarships and part-time work can help cut down these costs during your MBA journey.

Tuition Fees

Tuition fees for MBA programs in the Netherlands can vary widely depending on the university, program duration, and specialization.

On average, you can expect to pay anywhere from around €20,000 to €70,000 or more for the entire program.

It's important to research and confirm the specific tuition fees for the MBA programs you're interested in, as these figures can change and might have additional costs associated with them.

Here are the MBA tuition fees at some of the highest-rated business schools in the Netherlands:

School Tuition
Rotterdam School of Management (Erasmus University) €64,000
TIAS Business School €40,500
Maastricht School of Management (Maastricht University) €28,500
Amsterdam Business School (University of Amsterdam) €46,000

Living Costs

In the Netherlands, a single person's monthly living expenses, excluding rent, average around 924.0€.

  • An inexpensive restaurant meal costs an average of about 15.00 €, and a mid-range three-course meal for two is around 69.25 €.
  • A one-way local transport ticket is approximately 3.40 €, and a monthly pass for regular commuting is about 81.45 €.
  • Basic utilities for an 85m2 apartment can also range, but the average is around 211.08 € per month.
  • Rent options in the Netherlands vary significantly. In the city center, a one-bedroom apartment averages around 1,199.11 € per month, ranging from 900.00 € to 1,800.00 €.
  • For those preferring a location outside the city center, a one-bedroom apartment's monthly rent averages about 968.45 €, with prices spanning from 683.24 € to 1,500.00 €.

Keep in mind that these figures are just estimates and can change. Both rental prices and living costs can vary due to different factors

MBA in the Netherlands Careers

For MBA graduates interested in working or starting a business in the Netherlands, the orientation year residence permit is a valuable option.

Introduced in 2016, this permit is open to foreign students in the country, graduates from prestigious global universities, and foreign scientific researchers who conducted research in the Netherlands.

It allows you to apply within three years of your MBA graduation, providing flexibility in returning. With this permit, you can explore opportunities as a highly skilled migrant in the Netherlands.

Here are some of the companies that frequently collaborate with business schools in the country or welcome MBA graduates from the Netherlands into their ranks:

  • Consulting and Professional Services. Accenture, Deloitte, BCG (The Boston Consulting Group), McKinsey & Co, EY, PWC, KPMG
  • Banking and Financial Services. ABN AMRO, ING Group, NN (Nationale-Nederlanden), Norinchukin Bank Europe, N26
  • Technology and E-commerce. Booking.com, Uber, Microsoft, Amazon, Amazon Web Services, Adyen, Backbase, Infosys, Pinterest
  • Retail and Consumer Goods. H&M, IKEA, Danone, Coty, HelloFresh, Picnic, Otrium, Adidas
  • Energy and Sustainability. Aggreko, Corbion, Greenpeace, RWE
  • Logistics and Transportation. Bayards Heliport Solutions, Future Proof Shipping B.V., NS (Dutch Railways)
  • Manufacturing and Engineering. ASML, AkzoNobel, Jaguar Land Rover, Philips, Rockwell Automation
  • Healthcare and Pharmaceuticals. AbbVie Logistics BV, Dentsply Sirona

Average Salary in the Netherlands for MBA Graduates

Following the completion of an MBA in the Netherlands, the average salary typically ranges from €40,000 to €100,000. This variance is influenced by factors such as your industry, job role, and level of experience.

At the higher pay scale, you'll find graduates from the top business school in the Netherlands, the Rotterdam School of Management. These grads reported an overall average salary of $73,481 for the year 2022.

Moreover, this school’s post-MBA salary data provides insights into various sectors graduates entered:

  • The consulting sector showed an average salary of $72,094, with a maximum of $123,894.
  • In finance & accounting, the average was $71,406, peaking at $91,800.
  • General management reported an average of $75,398, reaching $91,800.
  • Human resources roles had an average of $62,559 and a maximum of $76,500.
  • Marketing & sales roles had an average of $67,020, reaching $91,863.
  • Operations & logistics graduates earned an average of $79,053, peaking at $102,000.
  • Lastly, the "Other" category reported an average of $84,184, with a maximum of $122,400.

Can I Study MBA in the Netherlands Without GMAT?

It is possible to pursue an MBA in the Netherlands without a GMAT score in specific scenarios.

Here's how some leading business schools address this situation:

  • Rotterdam School of Management (Erasmus University): Satisfactory GMAT, GRE, or BAT (Business Admissions Test) results are required. Therefore, you have the option to submit results from two other tests.
  • Maastricht School of Management (Maastricht University): You can avoid the GMAT requirement by completing five online preparatory courses (Accounting, Finance, Statistics, Economics, and Write & Cite Academic Writing Readiness) after paying the first installment.
  • Amsterdam Business School (University of Amsterdam): You can opt for the GMAT/GRE test or an in-house test. The in-house test assesses Numerical Reasoning, Abstract Reasoning, and Verbal Reasoning. Holding a business or quantitative Master's degree from a globally recognized research university might exempt you from this requirement, pending the MBA Admissions Committee's review.

Can I Study MBA in the Netherlands Without Work Experience?

Most schools require a minimum of three years of work experience to ensure that MBA students can actively contribute to classroom discussions and projects based on their professional insights.

Moreover, competitive institutions often boast classes with an even higher average work experience.

Therefore, it might be advisable to either wait and accumulate work experience before pursuing an MBA or consider alternatives like a Master's in Management or similar programs.

Can I Study for an MBA in the Netherlands in English?

You can definitely pursue an MBA in the Netherlands in English. Many universities in the Netherlands offer MBA programs that are conducted entirely in English, catering to the international student community.

Additionally, with approximately 95% of the Dutch population being proficient in English, you'll find it convenient to navigate both academic and daily life situations.

With top universities, practical learning, and a strong economy, an MBA in the Netherlands prepares you for a global career. Whether aiming for entrepreneurship or corporate success, the transformative experience here opens doors to endless possibilities.