MBA in the Netherlands

MBA programs in the Netherlands are typically two to three years in length and include courses in areas such as finance, economics, marketing, accounting, and management. While enrolled in an MBA program in the Netherlands, students can choose from a number of specializations offered by business schools in the country. One of the factors contributing to the program's increasing popularity in the Netherlands is the availability of courses that do not require GMAT scores or prior work experience. Students may, however, be asked to submit their test scores or to demonstrate past work experience, depending on their choice of university.

The cost of pursuing an MBA in the Netherlands ranges from 7 lakhs to 44 lakhs INR every year. Colleges and universities, on the other hand, provide a variety of scholarship options to international students, with some scholarships covering up to 50 percent of tuition. In addition to the fact that roughly 49 percent of students seeking MBAs in this country are able to acquire campus placements, MBA programs also provide a number of other benefits. Twenty-five percent of the remaining students are hired after they have completed their coursework. When taken together, these characteristics lead to MBA's ranking as one of the world's top ten MBA destinations. More than 80 percent of the international student population in the Netherlands is presently enrolled in MBA programs, according to recent statistics. With an MBA from the Netherlands, you can make up to 60 lakhs INR per annum in the present market, which is a substantial sum in India.

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#Why study for an MBA in the Netherlands?

The primary and most important reason for pursuing an MBA is to improve one's chances of landing a solid job after graduation. The administrative coursework contributes to the development of leadership characteristics, which increases the likelihood of becoming a manager after graduation.

The cost structure of the program, on the other hand, is extremely high. After finishing their bachelor's degree, students should consider why they want to pursue this particular program at one of the Netherlands' universities before investing such a large sum of money in one go.

• Affiliation with Global Accreditation Institutes: The MBA program in the Netherlands is accredited by the National Accreditation Body (NAVO) as well as by international accreditation institutions such as EQUIS and AMBA. In the Netherlands, the institutes and universities are aiming to reinforce three fundamental ideas of MBA study: stewardship; entrepreneurship; and leadership.
• Job opportunities in the Netherlands: There is no scarcity of management positions in the Netherlands (small to medium and large-sized jobs are numerous across the country). As a result, suitable students are able to establish themselves as successful professionals in the field. Once they have completed their MBA training, the students are successfully recruited by notable firms in the Netherlands, such as Philips, ABN AMRO, FrieslandCampina, Canon, Google, Kraft Heinz, TomTom, and other similar organizations.
• Economics in the Netherlands Are Stable: The Dutch economy is extremely stable, and the country's quality of living is among the greatest in the entire European Union. The Netherlands' employment rate increased from 78.10 percent in the third quarter of 2019 to 78.40 percent in the fourth quarter of this year. The employment rate in the Dutch public sector reflects this, as can be seen in the chart below.
• Immigration Regulations That Are Favorable: The immigration laws of the Netherlands are quite favorable to international students, particularly those who are interested in studying in Europe. International students can stay in the United States for up to one year after completing their MBA courses in order to look for work under the terms of a student visa.

If the students are successful in landing a job within this time frame, the employers of the companies are required to file residential permission for them, which is referred to as a 'Knowledge migrant' or Kennismigrant.

#Top Universities

In the Netherlands, there are approximately ten universities that provide a full-time MBA program. According to the QS Global MBA Ranking 2020, the Rotterdam School of Management (RSM) and Tilburg School for Business and Society (TIAS School for Business and Society) were placed 29 and 101-110, respectively. The Rotterdam School of Management was ranked 66th in the Financial Times survey of the best MBA programs available around the world.

This list of top MBA colleges in the Netherlands, according to the Times Higher Rankings for Business and Management 2021, includes some of the following institutions:

#MBA courses in the Netherlands

This section goes into greater detail on the MBA programs offered by some of the finest universities in the Netherlands, including the following:

• The Rotterdam School of Management (RSM) is a management school that specializes in catering to a variety of management courses. International MBA, Executive MBA, Global Executive OneMBA, and Cologne Rotterdam Executive MBA are some of the options. The duration of these coursework ranges from 12 months to 24 months on average. Students also have the option to enroll in either the part-time or the full-time MBA programs at their convenience, in addition to this.
• University of Amsterdam: Students at this university have the opportunity to participate in one-on-one career counseling. Coursework in Advanced Big Data and Business Analytics is available at the University of Amsterdam, which has a concentration in this area. Aside from that, students can register for an MBA in Health Care Management program.
• A specialization in supply chain management, digital economy, sustainable development, international business and entrepreneurialism, and public sector management distinguishes the Maastricht School of Management (Maastricht University) from other business schools in the Netherlands. Students can apply to either full-time or executive MBA coursework, as well as online MBA courses.
• Nyenrode Business University: Nyenrode Business University provides its students with opportunities to develop their personal leadership skills while also learning about European Business. Students have the opportunity to participate in international seminars that are arranged by the university authority in cities such as Zurich, London, Brussels, Valencia, Copenhagen, and Frankfurt, among others. As a result, the students will be able to establish a positive and lasting relationship with European businesses.
• TIAS School for Business and Society (Tilburg University): This college has a cost structure that is significantly less expensive than the average. Students might improve their social standing by participating in extracurricular activities. Executive MBA, Executive MBA in Food and Business, full-time MBA, and Global Executive MBA are some of the programs available at the university.

#Admission process

To be considered for an MBA program in the Netherlands, you must have a bachelor's degree and an acceptable GRE/GMAT score. Students can submit their applications immediately using the university's online application system. The following are the basic entrance requirements for MBA programs in the Netherlands that students must meet:

• Have a bachelor's degree or an equivalent qualification.
• Have a GMAT or GRE score, or a score on a comparable admission exam test (recommended, not necessary for all universities)
• Have previous job experience (Not Mandatory, varies with the university).
• The IELTS or TOEFL test scores of international students are required to be submitted in order to demonstrate competency in the English language. Here's everything you need to know about the minimum exam score necessary for studying in the Netherlands:
• IELTS score: 6.0; TOEFL score: 80 (approx)

#Admission deadlines

The deadlines for applying to MBA programs in the Netherlands vary from university to university; nevertheless, several of the best universities have the following deadlines:

#Student visa

For international students to apply for a provisional residence permit in the Netherlands, they must follow the instructions provided in the following section. By renewing the permit, they gain the advantage of being able to prolong the expiration date of their visa.

• Through Studielink, you can submit an application for a visa.
• You can submit all of the essential paperwork, as well as the visa payments, through this page.
• If an aspirant is rejected from one institution within the estimated time frame, he or she has the opportunity to apply to another university.
• Immigration and Naturalization Service (IND) office in The Netherlands receives and processes the MVV and VVR requests submitted by the universities on behalf of the applicants.
• Students' Studielink profiles will be updated once the visa confirmation has been obtained from their respective universities.
• One must wait for their Visa application to be approved for a period of 90 days.
• The students must pay 18,830 INR and have 74,200 INR in their financial funds per month in order to be eligible to apply for a student visa in the Netherlands, according to the Dutch government. It is estimated that more than 90 percent of visa applications are approved.

#Cost of studying

There are three categories of charges that international students are expected to pay: the Pre-arrival Fee, the Tuition Fee, and the Living Expenses.

Pre-arrival expenses

This includes the costs associated with applying to and attending a university. A concise summary is provided in the table below:

#Tuition fees

Currently, the International School of Business and Saxion University of Applied Sciences in The Netherlands are the cheapest MBA programs in the country, with yearly tuition rates of 7 lakhs INR per annum and 10 lakhs INR per annum respectively.

#Cost of living

#Scholarships

Students studying for an MBA in the Netherlands may be eligible for financial assistance from the government on occasion. In this case, it is determined by the level of merit of the applicants.

The following are examples of scholarships available to international students in the Netherlands:

#Career prospects

The demand for MBA students in the Netherlands has been increasing at an alarming rate over the last several years. Once students enter the job market, they have the potential to enjoy rapid advancement in their professions.

• A 15 percent increase in income is expected for Chief Technology Officers in the Netherlands by 2024, according to PayScale.
• Until the year 2024, the pay scale of the country's financial managers is expected to increase by 7 percent every year on average.
• Within the following five years, the pay scale of an investment banker will be enhanced by ten percent.

The most skilled and highest-scoring MBA students in the Netherlands are typically recruited by corporations such as Kraft Heinz Company, PayPal, Janssen Vaccines & Prevention B.V., Phillips, Boston Consulting Group, and other similar organizations.

The highest-paid Dutch MBA graduates typically earn roughly 88,29,800 Indian rupees per year on average. The lowest-paid employees are primarily recent graduates who are involved with the tourism and hospitality business and are completing their internships in this field. These internships are beneficial to their future career chances since they allow them to gain more hands-on experience while working in a technical profession.

Inferences can be drawn from this that the standard of business education in the Netherlands is of exceptionally high quality. Because the Dutch MBA program is approved by international governing bodies such as NAVO, EQUIS, and AMBA, students have the chance to travel to other countries and explore their career options at their convenience.

Fellows will have excellent job possibilities in the Netherlands, where it is predicted that the employment rate will rise as a result of the government's stimulus package for the economy. Because of this, MBA graduates can excel in their respective fields.

Read More:

1. Masters in the Netherlands for International Students

2. What are the requirements to study in the Netherlands?

3. Education System in the Netherlands

4. Is IELTS required for the Netherlands?

5. Which course is in demand in the Netherlands?

6. Top Universities In The Netherlands

7. How much does it cost to study in the Netherlands for Indian students?

8. What jobs are in demand in the Netherlands?

9. How can I get a scholarship to study in the Netherlands?

10. What is the most visited city in the Netherlands?

11. What are the different types of student visas?

12. How to Balance Academics and Lifestyle in a Dutch Science and Technology Master's: Insights from International Students

13. Cultural Exchange and Networking: International Students in the Netherlands