Introduction to MiF at Erasmus
The Erasmus University Rotterdam’s Master of Science in Finance (MiF) program is a prestigious option for aspiring finance professionals. This one-year intensive program equips you with expertise in areas like corporate finance, investments, and risk management. It combines coursework with case studies, projects, and potentially a master’s thesis. Competitive admissions consider your academic background, relevant work experience, and a strong GMAT score. Erasmus School of Economics’ reputation and rigorous curriculum, coupled with career support services, position you for success in the finance industry. Explore their website and attend information sessions to learn more.
700+
Avg. GMAT
25
Avg. Age
2+ Yrs.
Avg. Exp.
137
Class Size
12
Months Duration
Quick Overview and Rankings
31
FT Rankings
Tuition Fees & Scholarship at Erasmus
€ 21,500
Tuition Fee
+
€ 24,000
Living Cost
Avg. Cost of Study
The Tuition fees for Erasmus MIF is € 21,500 and an additional € 24,000 in living cost.
The number of scholarships is limited and mainly merit based. If a scholarship covers only the tuition fees, be aware that you need to finance your own living expenses (rent, food and insurances) for the duration of your studies. RSM does not offer scholarships for the pre-master programme. We do however offer a maximum of 2 scholarships per academic year to RSM pre-master students enrolling in an MSc programme.
Important Scholarships
- StuNed
- NN Future Matters Scholarship
- G&D Europe Scholarship
Average Employment Salary after Erasmus MiF
Employed within 3 months of graduation
Avg. Salary
21%
Consulting
23%
Finance
29%
Technology
27%
others
The average salary at Erasmus MIF for the last graduating class was €54,766. 97% of the class was employed with 3 months of graduation with majority of class going into consulting (21%), Finance (23%) and technology (29%) oriented functional roles.
Erasmus graduates today are working for companies ranging from financial institutions, like investment and merchant banks (ABN-AMRO, Aegon, Merrill Lynch, Goldman Sachs) to insurers (Aegon), and pension funds. Careers in government (Ministry of Finance, Stock Market Authorities) have also been pursued, as well as in multinational companies (Shell, Philips, Proctor & Gamble).
Key Employers
- Aegon
- Goldman Sachs
- Merrill Lynch
- Hell
- Proctor & Gamble
- Philips
Admission Requirement - MiF at Erasmus
- Academic Background: A strong Bachelor’s degree, preferably in a relevant field like finance, economics, or business administration, is necessary.
- Standardized Test Scores: A good GMAT score is generally expected, with the average around 700. You may also have the option to take the school’s in-house test.
- Work Experience: Relevant work experience in finance can strengthen your application. While not mandatory, it showcases your practical understanding of the field.
- English Language Proficiency: Meeting the minimum TOEFL or IELTS score demonstrates your ability to succeed in an English-taught program.
- Other factors: A well-written application essay, letters of recommendation, and a strong interview performance can also play a role in the selection process.
Documents - MiF at Erasmus
- Academic Transcripts: Proof of your undergraduate degree and grades.
- Standardized Test Scores: Typically GMAT (average around 700) for the MiF program.
- English Language Proficiency Test: If English isn’t your native language, TOEFL or IELTS scores might be needed.
- Curriculum Vitae (CV) or Resume: Highlighting your educational background and work experience.
- Letter of Motivation: Explaining your interest in the program and career goals.
- Letters of Recommendation: From professors or employers who can speak to your academic or professional abilities (optional, but recommended).
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FAQs about MiF at Erasmus
Can I follow additional courses at RSM?
It’s possible to follow a limited selection of additional courses from RSM Bachelor programmes, for example if you are missing courses in your current bachelor curriculum for a master you are interested in.
What does the term "pre-experience master" mean in Erasmus?
The term “pre-experience master” means that the MSc programmes at Rotterdam School of Management, Erasmus University have been designed for students who have recently completed their undergraduate studies and have little or no work experience.
What are the admission requirements for the MSc programmes at Erasmus?
All of the admissions requirements for the programmes offered at Rotterdam School of Management, Erasmus University are listed on the RSM Admissions Pages.
If you are not sure whether you meet the requirements listed on our website, please understand that your eligibility can only be determined after you have submitted an application. We cannot evaluate eligibility to the programmes before you have submitted an application. Evaluation can not be done by phone nor e-mail.
