Master of Business Administration (MBA) Academic year 2022-2023
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Master of Business Administration (MBA)
Academic year 2022-2023
Three
Threedifferent formats
different to accommodate
formats your needs
to accommodate your needs
FULL-TIME MBA EXECUTIVE MBA ONLINE MBA
• 1 year • 2.5-4 years • 2.5-4 years
• Full-time in Maastricht • Part-time in Maastricht • Part-time online
• Intense, multicultural class • Multicultural class experience • S tudy in your own time and location
experience • 4 modules/year (seven 8-days • Weekly assignments help you
• Company visits and guest lectures modules and one 13-days module) to stay focused
•P
ersonalized career and • Focus on assignments: immediate • No exams
personal development track application of your knowledge • Fully online or, optionally,
•P
ossibility to stay in the Netherlands and skills to your job/business some courses on campus
for one year after studies to find • Company visits and guest lectures • Customize through a range of
a job (orientation year permit) • Customize through a range of expertise tracks taking place at
• Extra-curricular and social activities expertise tracks MSM in Maastricht or online
02
• Innovation Week • Start: January, April, October 2022 • Stay connected through the
•C
ustomize through a range of interactive discussion forum
expertise tracks • Start: September 2022
•S
tart: September 2022
FLEXIBILITY
If your situation changes or you miss a course due to circumstances, you can join one of the other formats
WHICH MBA QUIZ
Want to know which MBA is the
best fit for you? Take the quiz
and find out in 4 minutes.
Our MBA
Offering you flexible options to achieve your career goals
The Master in Business Administration (MBA) of Maastricht Join our diverse and global network
School of Management is an experience in the essence of
sustainable organizational leadership and entrepreneurial You will share your MBA experience with fellow students
management in a fast-changing, multi-cultural and global coming from different countries around the world and having
business environment. different cultural and professional backgrounds. You will
learn from experienced professors coming from and teaching
around the globe. This not only adds to your learning
Benefit from immediate results experience but will help to significantly grow your
international network. As one of the oldest and most
Our MBA takes a practice-oriented approach, focusing on international business schools in the Netherlands, MSM has
putting your newly gained knowledge and skills into your built a huge worldwide network of students, alumni and
daily professional and personal life. Immediately from the partners - an interesting network to tap into and to be part of.
first course you can apply what you have learned during the
interactive lectures, practice-based assignments, work visits
and guest lectures (on-campus MBA programs). You round off
your MBA degree with a final project, either an academic
research paper, a business plan or a business consultancy
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project. This will offer you the opportunity to apply your
knowledge and skills directly to real business problems or
issues which companies are facing today.
Customize your MBA
The MBA is generalist management program, but at MSM Maastricht School of Management (MSM)
you can also challenge yourself by choosing from different 70 years contributing to global management
expertise tracks to fully align your MBA with your career
ambitions. Or perhaps you want to move outside of your Founded in 1952, Maastricht School of Management
comfort zone and develop yourself in a completely new area. is one of the oldest and most international business
schools in the Netherlands. MSM offers research-
driven and internationally accredited MBA, MSc and
Develop your hard and soft skills to manage MM degrees, as well as many shorter professional
effectively and responsibly and executive courses. It is located in the beautiful
historical city of Maastricht in the Netherlands - right
Pursuing an MBA is more than just theory, it is also about in the heart of Europe. MSM maintained its European
developing your Soft Skills (sometimes referred to as ‘Complex Tier One MBA ranking in the 2021 CEO Magazine
Skills’). Throughout the MSM MBA program you will be Global MBA Ranking. MSM’s MBA program is ranked #9
challenged to develop skills in the area of intercultural in Western Europe according to the 2021 Eduniversal
communication, team leadership and collaboration, critical Ranking, making it the best in the Netherlands.
thinking, creativity, problem solving, self-awareness, resilience Around 1,000 students graduate every year from
and time management. Moreover, with MSM’s MBA you will MSM’s programs, and MSM alumni occupy top
not only get the knowledge, tools and skills to manage positions in business, government and academia.
effectively, but you will also gain a deeper understanding of
how to manage responsibly. MSM subscribes to high ethical
standards in business and strongly promotes corporate social
responsibility (CSR) and sustainable development. We subscribe
to the Principles for Responsible Management Education (PRME).
Program reputation “The global economy requires managers with a global mindset. Meet
and work with managers and professors from around the world and
The MBA of Maastricht School of Management is inter- gain a unique international perspective that only MSM’s MBA can offer.”
nationally accredited, which means you can be assured that
the program meets high global standards. Three bodies that Stuart J. Dixon, PhD,
accredit MSM’s MBA programs around the world are AMBA, Academic Coordinator Global MBA programs
IACBE, and ACBSP. Only a select few business schools enjoy
these. For instance, only 2% of business schools have the
coveted AMBA accreditation. Additionally the full-time MBA,
Executive MBA and Online MBA conducted in Maastricht have
04
NVAO accreditation. MSM holds institutional accreditation
from ATHEA. MSM’s MBA is ranked European Tier One MBA
in the 2021 Global MBA ranking from CEO Magazine.
Additionally it is ranked #1 in the Netherlands and #9 in
Europe, according to Eduniversal’s 2021 Best Masters ranking
and draws on MSM’s 70-year experience in management and
business education. The MSM Executive MBA is ranked #2 in
the world in the 2021 CEO Magazine Global MBA ranking,
making it the best Executive MBA in the Netherlands and the
MSM Online MBA #10 in the World. In 2014 and 2016, MSM
was a finalist for the prestigious Association of MBA’s (AMBA)
Innovation Award.
ENTREPRENEURSHIP MSM EXPERIENCE
• Start own business (in near future or long-term) • Unique multicultural experience
• Learn to think “outside-the-box” • In the heart of Europe
• Apply entrepreneurial skills to your job •H ands-on learning through case-studies,
• Option to do Business Plan as final thesis project group work, class discussions and company
MSM EXPERIENCE
visits
• Excellent international faculty
• I nternational alumni network of over
20,000, with many having top positions
in business, government or academia
•H ighly ranked and multiple-accredited
Why?
ENTREPRENEURSHIP MBA in flexible formats
•D ifferent expertise tracks to align
the MBA with your career ambitions
SKILLS CAREER
• Management skills
• Leadership skills
• Critical Thinking CAREER
• Knowledge about specific SKILLS • Career Growth
topics such as finance and • Career Change
05
accounting, innovation, • Networking opportunities
marketing and strategy, •M SM Career and Personal
digital transformation Development Track
“Pursuing the MBA at MSM has been a great opportunity for “MSM gave us the opportunity to listen and to learn from a wide diversity
me to prepare myself for the competitive job market. MSM’s of academics with different professional backgrounds and, most
position in the heart of Europe offered me the opportunity importantly, with a solid cosmovision; not only on how to run a business
to not only gain knowledge in class and get introduced to from their field of expertise but also on how to see ourselves and how
the great culture of The Netherlands but also to learn more to see life itself: a deep, wise cosmovision that only years of experience
about intercultural processes and different international and a serious commitment to their careers can offer. More than just
society behaviors. Studying at MSM has helped us to be an academic experience, this program was an enriching personal and
able to adjust quickly to different backgrounds and professional experience as a whole thanks to all those pieces of life advice.
cultures of people in the working environment.” When I realized that, I knew I took the right choice of business school.”
David Pata Saung, Indonesia Gina Montero, Peru
Auditor BKP Indonesia MBA 2018
MBA 2017
MSM Full-time MBA
The MSM full-time MBA is a one-year program conducted at
the MSM campus in Maastricht. You will have full day classes,
consisting of interactive lectures, individual and group
assignments, work visits and guest lectures. Language: English
Duration: 1 year Full-time
Designed for professionals preferring the full MSM
student experience
70 ECTS = 1960 hours study load
Joining the full-time MBA program means that you can enjoy all
benefits of studying full-time at the MSM campus in Maastricht.
Start: September 2022
Besides the regular classes and activities we offer you the following:
Skills Development A typical MSM full-time MBA class*
Students: 30
Career and Personal Development Track Gender: male 59%, female 41%
At MSM we recognize the importance of our Career Services, Nationalities: 20
and we have created a special optional Career and Personal Age range: 24-40, average age: 32
Development Track (CPDT) to help our students achieve their Work experience range: 3-15 years
06
goals. The CPDT aims at providing you with the tools necessary Average work experience: 8 years
to help you find a job upon completion of your MBA degree at
MSM. Throughout the year, you will train your soft-skills and
prepare yourself for a successful career. Personal development Nationality Job areas
training is also integrated in some of the courses of the curriculum.
1
5
18 9 33
What you may expect
11 5 24
• Networking events, a.o. Corporate Week 2 5
8 42
• Collaboration with regional corporate partners that are 6
47
specifically looking for international / foreign students 818 8 24
•C V book published by MSM that we will send to our corporate 17
partners to facilitate the recruitment of our students 18 18
• Business challenges, company visits and guest speakers
• Various trainings including CV and motivational letter writing Asia Sales & Marketing
for the Dutch market (along with individual feedback sessions), Africa Finance
presentation skills, training on how to approach the Dutch Europe General Management
market, LinkedIn and video resume, and elevator pitch workshops Middle East HR
• Individual self-awareness and self-development coaching Latin America Operations
• Holistic life balance trainings (e.g. mindfulness, healthy living, North America Consultant
stress management). Engineering
• Participation in student competitions. IT
* Data based on average Logistics
of several intakes Other
After graduating from the full-time MBA program at MSM,
you may be eligible for an orientation year permit. This means
you can stay in the Netherlands for one year in order to search
for a job as a highly skilled migrant. If you find a job in the
Netherlands, the work permit process is designed to be much
easier for graduates of MSM’s full time program.
Innovation Week Social and networking activities
The Innovation Week is held in Maastricht and combines Throughout the program MSM organizes various activities
interactive workshop activity, interspersed with lectures from for professional and social networking, such as:
guest speakers leading innovation and innovation management •D ebate nights
across various business sectors. The course consists of two • I nternational student dinner: prepared by all students
modules: on the MSM campus
•M ovie nights
Agile Project Planning •P articipation in the European Sustainable Development
Agile has emerged from its software development roots into a Week
discipline used worldwide across all business sectors. In order •P echaKucha night, introducing and performing the
to maintain competitiveness in today’s faster paced and more PechaKucha presentation format.
complex environments, companies need to be able to master •S tudent - Alumni events
continuous change and are looking for agile and adaptable
07
new employees to meet this task. This course covers the
emergence of the agile movement, agile tools and through
workshop activity, course members will experience value driven “During my one-year MBA journey, I was able to build a strong
development in support of a customer in various scenarios. At understanding of structures and dynamics of global industries,
the end of this module, students will have experienced scaled enlarge my knowledge and application of current technologies
scrum in a non-software development environment and will and demand developments, and gained profound exposure to
be able to offer this as an extra skill set to future employers. 19 different nationalities that were part of my class.”
Service Design Yvan Gatoto, Rwanda
“When we have 2 coffee shops right next to each other, selling MBA 2018
the exact same coffee at the exact same price, service design
is what makes you walk into the one and not the other, come
back often and tell your friend about it.” (See 31 Volts “Service
Design”). The Service Design module builds on the agile module “With a purely legal background and an ambition to change my career
and requires course members to be capable of working in teams path, pursuing the MBA provided me with new ways of thinking and
to combine the design of a system and its processes to offer a allowed me to gain a broad range of new skills; both soft skills and
holistic service to the customer. The course will cover research, technical skills in areas outside of Law. This was incredibly valuable
ideation, prototyping, process and management, including in placing myself in the best position to successfully make the
service design tools, customer journey and process mapping transition into a career in finance in which I find myself today.”
through scenario based learning. On completion of this
module, participants will have a good understanding of Vincent van Biljon, Namibia
Service Design fundamentals and be able to apply it in the Advisor Ernst and Young
workplace to improve or create new services. MBA 2016
08
MSM Executive MBA
The MSM Executive MBA is a part-time program designed to
balance the pressures of work with study. Classes are conducted
through eight modules which can be completed in 2 years,
however you can take longer if needed. Language: English
There are four modules each year, always in January, April, July
Duration: 2.5-4 years part-time
and October. Most of the modules are 8-days long (Saturday
- Saturday). The Specialization Module, which always takes
place in June/July of the second year of studies, is 13 days long. 70 ECTS = 1960 hours study load
Classes are conducted at MSM in Maastricht and consist of
interactive lectures, group assignments, topic related guest
Start: January, April and October 2022
lectures and work visits.
Designed for working professionals Best Executive MBA in the Netherlands
Did you know that the MSM Executive
The practice-oriented approach in the MSM Executive MBA MBA is ranked #5 in the world in the
enables you to apply the newly gained knowledge and skills 2021 CEO Magazine Global MBA ranking?
directly to the daily practice of your organization. Being an This makes it the best Executive MBA in
MBA program for working professionals, the MSM Executive the Netherlands.
09
MBA is less about exams, but more about individual, applied
assignments. Usually, for each course you complete both group
and individual assignments focusing on actual problems of an A typical MSM Executive MBA class*
organization which you can apply to your own organization. Students: 30
This not only helps you to put your knowledge into practice, Gender: male 67%, female 33%
your company benefits from your knowledge right from the Nationalities: 17
first course. Age range: 28-55, average age: 39
Work experience range: 5-28 years
The final Executive MBA project will be either an academic Average work experience: 13 years
research project, a business consulting project or a business
plan completely dedicated to your organization. In this way
you actively contribute to improving the performance of your Nationality Job areas
company.
2 5 16 12 9
5
“The Executive MBA program meant two years of really hard work 8 17
which, in addition to a full time job, was not always an easy task. 15
But the structure of the program and the time between lecturing 10
weeks did provide the best possible balance between work 12 24
59 6
and study. Whereas the MBA program enriched my business
understanding, the degree significantly broadened my
opportunities and subsequently opened new doors. I still Asia Finance
consider joining this program as one of my best business Africa General Management
decisions.“ Europe Sales & Marketing
Middle East Operations Management
Frank Kaufmann, The Netherlands Latin America Entrepreneur
General Manager, Philips North America Engineering/Science
Executive MBA 2000 IT
*D
ata based on average Other
of several intakes
MSM Online MBA
The MSM Online MBA provides you with the same high quality
management education as our on-campus MBA programs -
the only differences are in its delivery and its flexibility to allow
you to study where you want, and whenever it fits your busy Language: English
schedule.
Duration: 2.5-4 years part-time
The 100% online set-up of the program will save you time and
money for travelling abroad. This does not mean that you study
in isolation. Through the interactive discussion forum you 70 ECTS = 1960 hours study load
can stay connected with your peers and professors to share
experiences, pose questions, discuss real business cases and
Start: September 2022
initiate debates. You can also choose the blended option by
following the specialization courses or other modules on
campus in Maastricht.
A typical MSM Online MBA class*
Study at a distance but with unlimited Students: 20
opportunities for online networking Gender: male 60%, female 40%
Nationalities: 15
Courses are delivered in 8-weeks modules, in an active learning Age range: 28-48, average age: 37
10
format. To stay focused and to guide you through the program Work experience range: 5-23 years
you will fulfill practice-oriented assignments every week. Average work experience: 12 years
These assignments can consist of different tasks, all related to
the topic of the course and can vary per week. Literature reading,
debates in the discussion forum on video cases or journal Nationality Job areas
entries, following lecture casts are all elements of the program.
Video cases in the discussion forum will initiate the debate 7 15
with your fellow students while animated videos will introduce
15 5 25
you to the weekly topic. Every two weeks you will discuss journal
5
entries which relate to the topic of the course. You follow online 56 11 5
presentations by experienced faculty in the lecture casts.
5 15
The discussion forum is the place where you connect, interact, 11
25
share experiences and work together with fellow professionals
making you part of a diverse and international virtual classroom.
You finalize each module with a final assignment/project. Asia General Management
Africa Engineering/Science
To monitor your progress during a course you will reflect on Europe Sales & Marketing
your performance through self-assessment activities. Middle East Operations Management
Our international faculty are highly experienced in the delivery North America IT
of online courses and will guide you through the program. Finance
Career service presentations and consultations are also Entrepreneur
available for Online MBA students. Other
*D
ata based on average of several intakesThe MSM Online MBA provides you with the same high quality management
education as our on-campus MBA programs - the only differences are in its
delivery and its flexibility to allow you to study where you want, and whenever
it fits your busy schedule.
Choose 100% online or blended Designed for working professionals preferring
11
online flexibility
You can follow the MSM Online MBA completely online with
no obligations for residential weeks. However if you would The online MBA offers you the flexibility of combining your job
prefer to have a face-to-face experience, you can join the responsibilities and/or family obligations with studying an MBA.
expertise track courses at MSM in Maastricht. The travel, living The format of the program offers you the opportunity to study
and accomodation cost for joining the expertise track courses wherever you want and whenever it suits your schedule. You
or one of the other MBA modules at the campus in Maastricht, will have no exams, but to keep you focused and on track you
are at your own expense. will submit weekly assignments. These assignments are very
practice-oriented, focused on current developments in business
and immediately applicable to your own organization.The MBA of MSM provides you with the knowledge
and skills to boost your career
12Curriculum of all MBA programs
The 70 ECTS* MSM MBA program consists of eight modular lecture sessions and the completion of a final project, being either an
academic research paper, business consultancy project or business plan.
Phase** Courses Educational hours*** ECTS
Understanding Finance • Finance 84 3
• Accounting for Managers 84 3
Developing a Business • Digital Transformation 84 3
• Entrepreneurship 84 3
Business Research Tools • Research Methods 84 3
• Decision-Making Tools 84 3
Creating Value • Marketing in a Global Context 84 3
• Global Supply Chain Management 84 3
13
Strategic Orientation • Economics for Managers 84 3
• Global Corporate Strategy 84 3
Changing World • Change Management 84 3
• Leadership and Organizational Behavior 84 3
Global Responsibility • Managing Cultural Diversity 84 3
• Corporate Responsibility and Ethics 84 3
Expertise track**** Expertise track courses
• Course 1 84 3
• Course 2 84 3
• Course 3 84 3
• Course 4 84 3
Final Project Academic Research Paper/Business Consultancy Project/Business Plan, 448 16
incl. presentation
TOTAL 1960 70
* The European Credit Transfer and Accumulation System (ECTS) is a student-centered system based on the student
workload required to achieve the objectives of a program.
** For the Executive MBA courses are delivered in ‘phases’ with the two courses always grouped together in one module.
For the Full-time and Online MBA the courses may occur in a different order.
*** 1 ECTS corresponds with 28 hours of study (includes both face-to-face and self-study)
**** Choose one of the available expertise tracks at MSM. For more information check: www.msm.nl/mba/specializations.Expertise tracks
Choose from different expertise tracks to fully align your MBA
with your career ambitions
To allow you to customize your MBA around your specific A global community
study needs and career perspectives, MSM offers a number of
expertise tracks. Currently you can choose from the following The 2-week expertise track takes place each year in June/July.
expertise tracks: MSM organizes residential expertise track weeks in Maastricht
bringing together all students from the MSM on-campus
• Entrepreneurship MBA programs, the online MBA (optional) and participants
• International Business & Sustainable Development from MSM’s Global Partner Network to jointly follow the
• Accounting & Finance expertise track courses. This provides you with an additional
• The Digital Economy opportunity to interact with more students coming from all
• Supply Chain Management corners of the world and from a diverse range of professional
• Healthcare Management backgrounds. An ideal chance to further expand your network.
MSM reserves the right to cancel an expertise track in case the More information
required minimum number of participants is not met.
14
For detailed information about our MBA expertise tracks,
check our website: www.msm.nl/mba/specializations15
Practical information
Application deadlines Admission process
Program Start program Non-EU residents EU-residents Phase 1
Full-time MBA September 2022 15 July 15 September Upload the following documents to MSM’s online
Executive MBA January 2022 15 December 15 December application portal:
April 2022 1 April 1 April •B achelor’s degree from a recognized university as well
October 2022 1 October 1 October as the transcript
Online MBA September 2022 15 September 15 September •P ersonal résumé / CV demonstrating the minimum
requirement of three or more years of relevant working
experience, obtained after your bachelor’s degree for the
Apply Full-time and Online MBA, five or more years for the
Executive MBA
To apply please fill in the online application form on the MSM • Two employer letters of recommendation (a reference
website: www.msm.nl/apply request can be sent directly via our application portal)
•A letter of motivation (structure and criteria of this letter
can be found on our website, under the admissions section
Program fees and scholarships of the MBA program)
•P roof of English proficiency: non-native English speaking
Full tuition fee: € 32,500 candidates and candidates whose previous education has
Application fee: € 95 (non-refundable) been in a different language than English must submit
16
evidence of English proficiency. For the recognized tests
Extra cost could include: Visa, health insurance and study and required scores please check our website.
materials. •C opy of your passport or your EU identity card
(valid on the start date of your program)
MSM offers a selected number of partial scholarships up to a
maximum of 50% of the tuition fee. For more information, Phase 2
please check our website www.msm.nl/mba MSM will conduct an interview (Phone, Skype Zoom or in
Person).
Phase 3
After payment of 1st installment and prior to the start of the
MBA program, four, online leveling (foundation) courses
(Accounting, Finance, Statistics and Economics) are required to
be satisfactorily completed. Alternatively, if you have completed
the GMAT (Graduate Management Admission Test) with a score
of 600 or higher (or a GRE with an equivalent score), the leveling
courses are waived.
Working together for better
Note: All information in this brochure might be subject to
global management change. Please check our website www.msm.nl/mba for
the most up-to-date information.17
MBA
Tuition Fee & Scholarships Full Time MBA, Part-time Executive MBA and Online MBA | Intake 2022-2023
Full Tuition fee: € 32.500,-
Scholarships* Amount Conditions Number of scholarships
Early Bird Discount € 3.500,- 25% net tuition fee payment by the following dates: Unlimited
discount Full Time MBA: 1 May (for September 2022 intake)
Online MBA: 15 July (for September intake)
Executive MBA: 1 February (for April intake), 1 August (for October intake),
1 November (for January intake)
For more information check the MSM website.
Please take into account the 3-week processing time for applications.
Academic Up to 50% For remarkable talents who showcase, for example: 3
Excellence • a solid academic & professional background and/or GMAT Score of 650+
Scholarship • an excellent motivation letter
• thirst for knowledge through various trainings
Women Up to 50% For women who can showcase eligibility in a 2-3 page essay, providing: 3
Ambassadorship • concrete examples in which they took on a leadership role/position during studies/
Scholarship in professional career
• at least one challenge they faced as a woman in leadership, and how they overcame it
• how the MSM MBA will help develop their leadership goals in the future
18
Alumni Lifelong Up to 50% For MSM alumni wanting to join the MBA program Unlimited
Learning
Public Service/ Up to 25% This scholarship aims to contribute to the development of candidates with past/ Unlimited
NGO Scholarship current experience in NGOs (in the last 2-3 years). Students are required to send proof
of their employment via a statement of employment or a reference letter.
Dean’s € 13.000,- Depending on country. Please check the MBA program of your choice on our website Unlimited
Development € 10.000, - and in the TAB Scholarships choose the country of your origin in the dropdown menu
Fund € 8.000, - to see the actual scholarship for your country.
€ 3.500,-
European Fund 20% For nationals and permanent residents of one of the 27 member countries of the Unlimited
European Union.
SDG Change-maker Up to 25% For candidates that can showcase eligibility in a 2-3 page essay, providing Unlimited
Scholarship • how they have contributed to the achievement of the SDGs so far
• why the SDGs are important for business
• how the MSM MBA will help them to play an even more important role as a SDG
Change-maker
Entrepreneurship/ Up to 25% For candidates who can show evidence that the company/family business was Unlimited
Family Business legally founded more than 1 year ago and that there has been financial activity
Scholarship of € 10.000,- or more in the past 2 years.
Orange Tulip 80% - 60% For 7 OTS countries (China, India, Indonesia, Korea, Russia, South Africa, Vietnam). 1 of each per country
Scholarships (OTS)** Deadline 1 April, application needs to be done at MSM and at Nuffic NESO.
Please take into account the 3-week processing time for applications.
Corporate Discounts 25% - 50% 2 students: 25% discount, 3+ students up to 50% discount. Unlimited
Fair Discount 10% For candidates that have spoken to an MSM representative at a (virtual) fair Unlimited
* Scholarship opportunities can be combined up to to a maximum of 50% of the full tuition fee (including the Early Bird Discount).
The OTS scholarships are the only exception to this rule, which cannot be combined with any other MSM scholarships or early bird discounts.MBA
Tuition Fee & Scholarships Full Time MBA, Part-time Executive MBA and Online MBA | Intake 2022-2023
Additional cost (required) Amount
Tuberculosis test upon arrival € 45,- Required by Dutch Law
(depending on nationality)
Medical insurance € 500,- Required by Dutch Law
Application fee € 95,- Non-refundable
MBA expertise track € 3.500,- For students interested in an extra expertise track (2-weeks),
(separate admissions requirements exist) an additional application process and cost is involved.
Estimated related cost
Visa application & Police Registration** € 192,- Only for non-EU residents. 2021 fee, subject to change.
Living expenses** € 11.500,- (min.) Includes lodging expenses (based on average basic single room in Maastricht),
food and other living expenses.
Books*** € 900,- (approx.) Some courses require a textbook. You can purchase required textbooks from
the InfoCenter in either a physical version or electronic version. Costs will vary
based on the textbook being used. On average textbooks are between € 50-75.
19
There are also a limited number of textbooks available in the library in case you
choose to not purchase a required textbook. However, keep in mind that:
1) a copy may not always be available,
2) you cannot mark-in or take notes in the library copy,
3) you may not be able to check out reference copies, and thus you will be limited
to InfoCenter opening hours.
Security & prepayment of rent** Varies Up to 1 month rent
Initial costs/incidentals** € 600,-
** For full-time MBA only, estimates apply to one person’s (basic) expenses in the Netherlands and are based on attending the standard 52 -week
full-time MBA program. Students who need to apply for a student permit, are required to show evidence of financial resources of minimum
€ 11,500 for living
*** For full-time and part-time executive MBA, not for Online MBA
Rabobank: P.O. Box 200, 6200 AE Maastricht, The Netherlands
EURO bank account: 15.13.55.347 | IBAN code: NL44RABO0151355347 | BIC Code: RABONL2UEndepolsdomein 150, 6229 EP Maastricht, The Netherlands
T: +31 43 387 08 08 | E: info@msm.nl
www.msm.nl
CONNECT WITH US
#EXPERIENCEMSM
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