RSM MBA - Scholarships & Funding Options

Read the Second Part of the Interview (RSM MBA - Post-MBA Opportunities, Brexit and Visa Rules) with the RSM MBA Director of MBA, Marketing & Admissions – Brandon Kirby.

In the third part of the interview, Brandon highlights the funding options available for RSM International MBA applicants and the entry criteria for the Full-time MBA program. 

What are the entry criteria for the RSM Full-time MBA program?

We require the GMAT for all incoming candidates. Our average varies class-to-class, but is generally around 650.
We do look for strong undergraduate GPA, especially in quant-based courses. However, poor undergraduate grades don’t immediately lead to a rejection. During the admissions process, we develop a great relationship with candidates, so we can have an in-depth conversation to address low grades.

The Dutch government requires an English proficiency test for all Chinese candidates as part of the visa application process. Otherwise, we do not require an English test, but if the admissions team feels that language is an issue, we reserve the right to ask a candidate to take such a test.

What are the various scholarships offered by Rotterdam School of Management?

Currently, we offer two types of scholarships at RSM – diversity and financial need based.

The average scholarship, when awarded, ranges from two-thousand to fifteen-thousand euros, with the average being seven-thousand euros.

For the diversity scholarship, we look for work experience, culture, gender and life experience. Being that we are extremely international, this scholarship is targeted for candidates who can bring their unique and diverse perspective to the classroom, more so than where they are from.

The assistance scholarship is exactly as it sounds and is for those students who have a funding gap they need to cover. To be eligible for this scholarship, a student must submit a financial overview illustrating their needs and a plan on how they would finance the MBA.

What are the other funding opportunities?

Many students utilize a blended approach to funding their MBA. We often see students use personal or family savings, but also utilize bank loans. In addition, we have partnered with Prodigy Finance, a company that focuses on lending to MBA students, to help our candidates come up with the necessary funds.

I also recommend that all candidates look for grants and scholarships in their industry or home country, as there are many opportunities to secure outside funding

Reference
RSM International MBA