MBA in Netherlands: Top Colleges, 2024 Tuition Fees, Scholarships, Job Opportunities

Highlights:

• Students are given a one-year search visa after the completion of the course at the Netherlands MBA colleges.
• Average annual tuition fee cost around 15,000 EUR- 65,000 EUR (13-59 Lakh INR) at top B schools in Netherlands.
• Annual salary after an MBA is INR 46.70 Lakh as an entry-level employee in the Netherlands.
• Your employer can file for a residence permit on your behalf after you receive a job offer.
• GMAT score submission is not deemed necessary for MBA in the Netherlands.
• Employment opportunities from top renowned employers in the Netherlands like Philips, ABN AMRO, FrieslandCampina, Canon, Google, Kraft Heinz, TomTom, etc open up after an MBA.

MBA in the Netherlands is a 1-2 year program consisting of coursework like Finance, Economics, Marketing, Accountancy, and Management. The reason behind its rising popularity is attributed to the availability of courses available without GMAT scores and work experience. The minimum admission requirement for MBA in the Netherlands is to have a bachelor’s degree in a related field with a professional work experience of 3 years and an IELTS score of 6.5.

ROI for MBA Holland suggests that universities in the Netherlands that have the lowest tuition fee range offer the highest ROI. Now another reason for a high ROI is the high-end salary that you will receive after graduation.

MBA in the Netherlands for Indian students at the top universities in the Netherlands costs 15,000 EUR- 65,000 EUR (13-59 Lakh INR) for the entire program. One of the perks of enrolling in MBA programs is approximately 49% of students pursuing an MBA from this country can secure campus placements. Top jobs at big organizations like Philips, ABN AMRO, FrieslandCampina, Canon are available to students pursuing MBA in HR, Finance, Information Technology, etc.

MBA in Netherlands at Top Universities

MBA colleges in the Netherlands offer the chance of being enrolled at various MBA courses. From full time to Executive MBA, students have a plethora of choices. Approximately 10 universities in the Netherlands offer a full-time MBA program. Following are the list of some of the top MBA colleges in the Netherlands:

Why Study MBA from the Netherlands?

The first and foremost reason for studying at top business schools in the Netherlands

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 their bachelors.

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.

MBA in Netherlands Admissions Highlights

A bachelor's degree and a satisfactory GRE/GMAT score are required to apply for an MBA in the Netherlands. Students can apply directly through the university’s application portal. The basic admission requirements for MBA in the Netherlands that students must fulfill are:

• Have a bachelor's degree or equivalent.
• Have a GMAT or GRE or equivalent entrance exam test score (recommended, not necessary for all universities)
• Have work Experience (Not Mandatory, varies with the university).
• International students are required to submit IELTS or TOEFL test scores to demonstrate proficiency in the English language. The minimum test score requirement for studying in the Netherlands is provided below:
  • IELTS: 6.0
  • TOEFL (iBT): 80 (approx)

MBA in Netherlands: Admission Requirements

Though the basic admission criteria for getting admission to the Netherlands universities are similar, some universities may have specific requirements to be fulfilled by international applicants for MBA universities in Netherlands. These are discussed below:

MBA in Netherlands: Cost of Studying

International students are required to pay three types of expenses, namely Pre-arrival Cost, Tuition Fee, and Cost of Living. The cost of studying in the Netherlands can differ from student to student depending on the city they are living in, their tuition fees, and their standard of living. The following section discusses the cost of studying in the Netherlands for an international student.

MBA in Netherlands Fees

MBA in the Netherlands costs between 13-59 Lakh INR for the entire program for an international student. MBA universities in the Netherlands do not charge extremely high level fees. So you see that compared to the USA or UK the fee is quite less. But in comparison with its neighbor Germany, it is high. Following are the top universities offering MBA in Netherlands and their tuition fees:

Cost of Living in the Netherlands

The average monthly cost of living in the Netherlands is EUR 800 - EUR 1,200 per month. This is a fairly high living cost. But with scholarships and part-time jobs, students can bear the cost of living in the Netherlands. The table below provides an estimate of such expenses while students pursue an MBA at top business schools in Netherlands:

MBA in the Netherlands Scholarships

Finances of students pursuing an MBA from the Netherlands are sometimes sponsored by the government. This is dependent upon the level of merit of the aspirants. A student might get 50% of fee waiver for exceptional merit. Some of the scholarships available for international students in the Netherlands are:

Work Permit in Netherlands

If you are an immigrant coming and settling from outside the European Economic Area (EEA) and Switzerland, you would be required to opt for a work permit. There are 2 types of work permits known as “tewerkstellingsvergunning”:

• TWV (work permit)
• GVVA (combined residence and work permit)

TWV visa is given to applicants under the following reasons as stated below:

• employees coming to work in the Netherlands for less than 3 months;
• students who have a residence permit for study purposes;
• asylum seekers awaiting a decision on their application for asylum

Jobs after MBA in the Netherlands

The demand for MBA students in the Netherlands has been growing at a rapid pace for the best business schools in Holland. There is no shortage of management jobs in the Netherlands. Once students get into the job market, they can experience sharp growth in their careers.

• A Chief Technology Officer can expect a salary growth of 15% within the year 2024 in the Netherlands.
• The financial managers in 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 the Netherlands are usually recruited by companies like Kraft Heinz Company, PayPal, Janssen Vaccines & Prevention B.V, Phillips, Boston Consulting Group, etc.

What The Students Say: Likes and Dislikes

Likes:

• A vast variety of elective courses with Ivy-League-educated professors.
• You can do as many courses as you want for the same fees you pay - or even take a dual degree.
• Teaching faculty members are passionate and approachable.
• Events for placements are organized by the university student union every 6 months.
• Best-in-class sports facilities are provided
• Expenses are less when compared to the universities in USA and Australia

Dislikes:

• The language barrier can become a major concern in the Netherlands.
• The pass grade is 60% for all subjects.
• The program is really hectic, much more than what you would have experienced in NITs, IITs, or even the MS programs in the US.
• Legally, you can only do a part-time job for 10 hours per week.
• Irrespective of your department, you need to know programming, at least MATLAB.

Success Stories: Sandeep from TIAS School for Business and Society

Sandeep did his MBA from TIAS School for Business and Society, which is a business school affiliated with Tilburg University and Eindhoven University of Technology. He was enrolled in a one-year full-time program. His specialization was in General Management. Sandeep applied at a B-School in the Netherlands and not in the USA or Germany, as his GMAT score was 550. This is a score that is considered average, and most top B-schools in the USA need a score above 600 on the GMAT for MBA admissions. With an average GMAT score, he could still enroll at a university in the Netherlands.

Moreover, he chose the Netherlands because of its search-year visa program for MBA colleges in Netherlands. The government of the Netherlands feels it is important to give highly educated migrants enough time to find a job or set up their own company in the Netherlands after they have graduated. So, in comparison with other countries, Sandeep had the added advantage of getting a work permit visa after graduation. He also further encourages students to study MBA in the Netherlands for its course curriculum, good faculty, and employment options.

Sandeep advises students to learn Dutch if they wish to settle down in the Netherlands. He also advises students to plan smartly for job search. There are several employment opportunities but students have to have a clear goal. There are jobs available in both international and local companies in the Netherlands. For jobs in local start-ups and businesses, students are required to learn Dutch. So the only barrier as per Sandeep is the language issue.

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.

FAQs

Ques. Name some of the top MBA colleges in the Netherlands.

Ques. Can I apply for an MBA in the Netherlands without a GMAT score?

Ques. What is the cost of pursuing an MBA in the Netherlands?

Ques. Can I pursue an MBA in the Netherlands without work experience?

Ques. What type of jobs are available in the Netherlands after MBA?