Rotterdam, NL · 12 months · class of 97
RSM MBA: cost, salary and payback
27% of RSM's class of 2026 went into manufacturing and industry, the largest share of any school in our data, and only 4% into consulting.
Paid back after graduation in
15.6 years
Total cost $192,766 · 10-year NPV -$177,356
| Tuition and fees, whole program | $78,600 |
| Living budget | $24,166 |
| Salary given up, 12 months | $90,000 |
| Total cost | $192,766 |
| Salary after: average base salary | $87,830 |
| 10-year net present value | -$177,356 |
| Return on the cost (present values) | -92% |
US dollars at the ECB rate of the last update. Raises of 5% a year with the MBA and 3% without, discounted at 5%, before tax. How this is calculated.
Fees and budget read on October 13, 2026 · employment: Class of 2026 (school standard) · Built by Radif Partners · Method
- Tuition and fees
- €70,254
- Total cost, salary given up included
- $192,766
- average base salary
- €78,504
- Payback, reference person
- 15.6 years
The International Full-time MBA at Rotterdam School of Management, Erasmus University, charges €70,000 for the January 2027 intake, books and study materials included, plus a €254 immigration fee for students from outside the European Union. The school's own budget for a single student in Rotterdam is €21,600 for the 12 months, for €91,854 in all. For a person earning $90,000 today, the year without salary brings the total to $192,766. The class of 2026 reported an average base salary of €78,504, a figure RSM publishes in purchasing-power dollars and that we convert back into euros. On that salary the model repays the cost 15.6 years after graduation, and the ten-year net present value is -$177,356. What sets RSM apart is where graduates go: industry, consumer goods and finance rather than consulting, and mostly to employers in the Netherlands and the rest of Europe.
Industry, not strategy firms
Manufacturing and industrial companies hired 27% of the class at an average of €87,573, a larger share than at any other school in our data. The employers RSM names include ASML, Siemens, Airbus, Unilever and Danone. Consumer goods and retail took 21% and financial services 19% at €73,996. Consulting, the largest industry at 21 of the 57 schools in our data that publish shares, took 4%, and no other school among the 54 that report it places a smaller share there. For a candidate set on a strategy firm, that is the most important line of this report.
The report groups its small sectors into an "other" line with an average salary of its own, and gives sector salaries only for the larger groups. Consulting is too small a group here to get a salary line, so the calculator cannot test that path on RSM figures.
RSM: where the class went
Share of the class
4%
| Salary reported | $87,830 (school-wide) |
| Graduates, about | 4 |
| Payback with that salary | 15.6 years |
Reference person earning $90,000 before the MBA.
A salary to read with care
RSM reports its salaries in dollars adjusted for purchasing power, a unit that makes pay in cheaper countries look higher than it is in cash. We convert the figure back into euros with the World Bank factor for the Netherlands, which is the right unit for a graduate who stays there but still an average, not a median, and base pay only. On that figure the gain over the reference salary of $90,000 is small, which is why the payback runs to 15.6 years and RSM ranks number 37 of 40 on the overall model. Someone earning less before the program sees a much shorter payback in the calculator above.
An international class that settles in Europe
The class of 2027 is 99% international, from 28 nationalities, 31 years old on average with 8 years of experience. 80% of graduates took a job in Europe, most of them in the Netherlands, number 3 of 16 in our Europe ranking; 10% went to Latin America, number 3 of 9 for that region. Almost all of them changed region to work, so access to the Dutch and European job market is a large part of what the fee buys.
RSM: when the MBA pays back, for your salary
Payback after graduation
15.6 years
| Total cost with the salary given up | $192,766 |
| Salary after (average base salary) | $87,830 |
| 10-year NPV | -$177,356 |
Same assumptions as the main calculator; US dollars.
Where RSM stands in our rankings
- #37 of 40 · Any industry (whole class)
- #35 of 39 · Finance, all segments
- #38 of 40 · Technology
- #35 of 39 · Working in the United States
- #3 of 16 · Working in Europe, UK included
Our fit score, reference person earning $90,000 before the MBA (method). Third-party rankings play no part in it. For reference, RSM was ranked 52 in the FT Global MBA 2026.
What the RSM MBA costs
| Item | EUR, and US dollars |
|---|---|
| Tuition, whole program | €70,000 $78,316 |
| Mandatory fees | €254 $284 |
| Living budget, whole program | €21,600 $24,166 |
| Salary given up: $90,000 a year for 12 months | $90,000 |
| Total cost, reference person | $192,766 |
RSM employment report: Class of 2026
| Measure | Value |
|---|---|
| Average base salary | €78,504 $87,830 |
| Graduates who accepted an offer within three months | 81% |
RSM graduates by industry
| Industry, as the school names it | Share | Salary |
|---|---|---|
| Manufacturing/Industrial | 27% | €87,573 (average) |
| Other* aggregate (all sectors below 6%) - salary row | 27% | €76,495 (average) |
| Consumer Packaged Goods + Retail/E-commerce | 21% | not published |
| Financial and Insurance Services/Banking | 19% | €73,996 (average) |
| Technology/Telecoms/IT | 6% | €91,889 (average) |
| Government/Public Sector + NGOs + Social Enterprise/B Corp | 6% | not published |
| Consulting | 4% | not published |
| Healthcare | 4% | not published |
| Energy/Utilities | 2% | not published |
Where RSM graduates went to work
| Region | Share | Salary |
|---|---|---|
| US (North America) | 8% | not published |
| Europe | 80%* | not published |
| Asia | 2% | not published |
| Latin America | 10% | not published |
Employers named by RSM
BCG · Accenture · Deloitte · ASML · Siemens · Airbus · Unilever · Danone · ING · Rabobank · Adyen · Google · Uber · IKEA · Maersk · Philips
Names only: the school gives no hire counts.
The RSM class
| Measure | Value |
|---|---|
| International students | 99% |
| Women | 38% |
| Average age | 31 |
| Average years of work experience | 8 |
| Nationalities | 28 |
| Class size | 97 |
Not published by RSM in the documents we read: the split by job function. We leave these blank rather than fill them with an estimate.