Find the top MBA scholarships in Netherlands with GyanDhan’s comprehensive guide. Learn about their eligibility, benefits, application process, and tips for a successful application.
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If you're a student seeking a transformative European educational experience, pursuing an MBA in the Netherlands offers immense promise. The MBA courses in the Netherlands last only 1-2 years and come with good employment prospects. Notably, a few universities in the Netherlands provide the opportunity to pursue an MBA without requiring the GMAT. However, undertaking an MBA in the Netherlands can be costly, and this is where scholarships play a crucial role. These scholarships not only make pursuing an MBA more feasible but also open doors to prestigious business schools and professional networks that can be invaluable for your career advancement. In this guide, we will explore MBA scholarships in the Netherlands, including eligibility criteria, and assess the factors that contribute to a successful application.
Is MBA in Netherlands Worth It?
Whether pursuing an MBA in the Netherlands is worth it depends on various factors and your individual goals, career aspirations, and financial considerations. Here are some aspects to help you evaluate the worth of an MBA in the Netherlands:
Quality of education: Dutch universities are renowned for their high-quality education and innovative teaching methods emphasizing practical skill development. An MBA from a reputable Dutch university can be highly valued and recognized globally.
Employment opportunities: The Netherlands is home to a vibrant business community and multinational companies such as PayPal, Philips, Boston Consulting Group, Unilever, etc. that offer ample employment opportunities for MBA students.
Cost vs return on investment: An MBA in the Netherlands costs around 20,000 EUR to 65,000 EUR per year. International students will incur an average cost of living of about 10,000 EUR to 18,000 EUR per year. Compared to other English-speaking countries, the cost of living in the Netherlands is much more affordable for international students. On the other hand, the average annual salary of MBA graduates in the Netherlands is around 80,000 EUR.
Dutch universities, government bodies, private organizations, and foundations offer various MBA scholarships in Netherlands. Here are the top scholarship options to explore for international students:
Orange Tulip Scholarship
NL Scholarship
Huygens Scholarship Programme
Amsterdam MBA Scholarships
Rotterdam School of Management MBA Diversity Scholarships
Details of these scholarships are outlined below:
Orange Tulip Scholarship
The Orange Tulip Scholarship is awarded as a contribution towards the costs of studying at a designated higher education institution in the Netherlands.
The scholarship may cover 25% to 100% of the tuition fees depending on the sponsor.
Recipients of the scholarship receive the award directly from the Dutch higher education institution.
The scholarship holders are obligated to follow and complete the program in which they are enrolled.
To be considered for the scholarship, you must complete the OTS application form downloaded from Nesco.
You can find a complete list of eligible programs and institutions from the Nuffic NESO portal.
NL Scholarship
Previously known as the Holland scholarship, the NL scholarship aims to attract talented international students to study in the Netherlands.
The scholarship is valued at 5,000 EUR and is awarded to students in the first year of study to contribute to the living costs.
To apply for the scholarship, you must meet the entry requirements for the institution of your choice.
Recipients of the scholarship are chosen based on academic merit.
Various universities are eligible for the NL Scholarship include Erasmus University, Leiden University, University of Groningen, University of Twente, Utrecht University, etc.
The Leiden University Excellence Scholarship is targeted to international students with outstanding academic records pursuing master’s degree in the Netherlands.
The scholarships are highly competitive and awarded to students ranked in the top 10% of their previous study program.
There are 3 levels of the scholarship program offering 10,000 EUR, 15,000 EUR, and total tuition fees respectively.
While applying for admission to the university, you must indicate that you wish to be considered for the LExS and submit a letter of motivation.
Candidates are shortlisted based on the recommendation of the faculty selection committee.
Amsterdam MBA Scholarships
The Amsterdam Business School offers attractive scholarships for international students including the Leaders in Business and Society Scholarship and GMAT Scholarship.
Every year 3 Leaders in Business and Society scholarships each worth 10,000 EUR are awarded to candidates who contribute to sustainable development goals (SDGs) in their career.
The selection is based on participation in an essay contest where the essay must highlight how you have contributed to SDGs in your personal and professional life.
The MBA Admissions Board awards scholarships to students with a GMAT score above 650. The value of scholarships goes up to 12,000 EUR per year for the highest GMAT scores.
All admitted students at Amsterdam Business School are considered for the GMAT scholarships.
There are various MBA scholarships available for international full-time students at the Rotterdam School of Management.
The value of MBA scholarships covers up to 50% of the tuition fee.
The scholarship award committee considers a holistic view of the application including your academic profile, GMAT scores, essay, and admission profile.
The scholarship deadlines are similar to the admission deadline.
Force for Positive Change Scholarships are given to candidates who have contributed towards a positive change in society, be it small or large.
The Women in Business Scholarship goes to female candidates with an excellent academic track record and leadership skills.
Other scholarships for high-achieving students include the Diversity Scholarship, Dean’s Assistance Award, and Dean’s Merit Award.
How to Apply for MBA Scholarships in Netherlands?
Applying for MBA scholarships in Netherlands requires diligent efforts and attention to detail. Below is a step-by-step guide to help you navigate the application process:
The first step is to apply for admission to the choice of university and check whether a separate scholarship application is required.
Gather all necessary documents for your scholarship application including: Academic transcripts from the previous institution Standardized test scores such as GMAT Proof of English language proficiency Letters of recommendation Statement of purpose CV Financial documentation
Academic transcripts from the previous institution
Some universities may require applicants to participate in interviews as part of the selection process.
Keep track of your scholarship applications, deadlines, and correspondence with scholarship providers.
Tips for Successful MBA Scholarships in Netherlands Applications
Here are a few points outlining tips for a successful application for MBA scholarships in Netherlands -
Research thoroughly: You must explore various scholarships and understand their requirements. While searching for MBA scholarships in Netherlands, take note of important dates and required application materials.
Research thoroughly: You must explore various scholarships and understand their requirements. While searching for MBA scholarships in Netherlands, take note of important dates and required application materials.
Start early: One of the best ways to maximize your chances of securing a scholarship is to apply early. For this, you must prepare your application materials well in advance of deadlines.
Tailor your applications: You must customize your essays and statements according to the scholarship’s specific criteria. A well-tailored application is more likely to catch the attention of the scholarship committee.
Tailor your applications: You must customize your essays and statements according to the scholarship’s specific criteria. A well-tailored application is more likely to catch the attention of the scholarship committee.
Follow the instructions carefully: It is important to adhere to application guidelines to ensure a smooth application process. Proofread your application materials meticulously for any spelling or grammatical errors.
Expert guidance: You can always reach out to GyanDhan experts for a detailed roadmap to MBA scholarships in Netherlands.
Pursuing an MBA in Netherlands presents an exciting opportunity for Indian students providing access to world-class education in a dynamic environment. However, financing your MBA can pose a significant concern for some. Take advantage of various MBA scholarships in Netherlands, whether it is through university scholarships, government grants, or private organizations. For further assistance in navigating the complexities of financing your MBA in Netherlands, reach out to GyanDhan. Don’t let financial constraints hold you back, explore more scholarship options at GyanDhan’s scholarship portal.
Frequently Asked Questions
How to get MBA scholarships in Netherlands for Indian students?
To secure a scholarship in the Netherlands, you must fulfill the eligibility criteria for admission to a reputed Dutch university. The application process for MBA scholarships in Netherlands for Indian students involves submitting academic transcripts of completed bachelor’s degrees, proof of English language proficiency, GMAT scores, letters of recommendation, and a statement of purpose along with other necessary documents.
How much does an MBA cost in the Netherlands for Indian students?
The tuition fees for an MBA in the Netherlands are around 20,000 EUR to 65,000 EUR per year. An MBA in Netherlands costs Indian students around 9,00,000 INR to 45,00,000 INR depending on various factors.
Is MBA in the Netherlands good for Indian students?
Pursuing an MBA in the Netherlands can be advantageous for Indian students. Universities in Netherlands offer high-quality education with innovative methods. Moreover, the Netherlands is home to several multinational companies providing ample job and networking opportunities for fresh graduates. The return on investment of studying for an MBA in the Netherlands is pretty decent making it suitable for Indian students.
Is the Netherlands expensive for Indian students?
Education in the Netherlands is sponsored by the Dutch government making it affordable for domestic as well as international students. The living expenses for Indian students in the Netherlands are much lower compared to other popular study-abroad destinations such as the US, UK, Canada, Ireland, etc. On average, an Indian student incurs 80,000 INR to 90,000 INR as monthly living expenses that vary as per lifestyle preferences.
Is work experience mandatory for MBA scholarships in Netherlands?
Work experience is recommended for securing MBA scholarships in Netherlands. The requirements vary for different universities and scholarship providers. Some MBA programs require work experience of 2-3 years for admission and scholarship purposes.