Erasmus University Rotterdam
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MSc in Quantitative Finance 

Shiksha popularity ranking
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#87 in World

#6 in Netherlands

  • Public University
  • Institute IconEramus School Of Economics
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MSc in Quantitative Finance
 at 
Erasmus University Rotterdam 
Overview

Duration

1 year

Tuition & Fees

17.99 Lakh
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Official Career Service Website

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Course Level

PG Degree

MSc in Quantitative Finance
 at 
Erasmus University Rotterdam 
Fees

icon1st year tuition fees
Fees componentsAmount (for 1 year)
Tuition & feesINR 17,99,343
iconOther expenses in 1st Year
Fees componentsAmount (for 1 year)
Application feeINR 10,647
Total approximate feesINR 10,647
Info IconCalculated at the exchange rate of 1 Euro = INR 106.47 | Tuition & expenses were last updated on 22ⁿᵈ October 2024

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MSc in Quantitative Finance
 at 
Erasmus University Rotterdam 
Entry Requirements

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MSc in Quantitative Finance
 at 
Erasmus University Rotterdam 
 
Frequently Asked Questions

Q:   What is the application fee for Erasmus University Rotterdam?
A: 

Erasmus University Rotterdam offers a number of degree programs at the UG and PG levels. International students can apply online through the 'Studielink' application portal. Generally, the application fee for programs Erasmus University Rotterdam is EUR 100 per application

Q:   What is the acceptance rate for Rotterdam?
A: 

Erasmus University Rotterdam acceptance rate is 53%. The university Admission process involves a thorough evaluation process, Considering academic excellence, essays, Letter of recommendation, SOP, extracurricular activities, etc.

Q:   Is it easy to get into Erasmus?
A: 

Erasmus University Rotterdam does not officially publishes data on the acceptance rate, however, as per an unoffical credible source, the acceptance rate of Erasmus University stads at around 53%, suggesting that Getting into Erasmus University Rotterdam is relatively challenging..
To increase one's chances of admission, students must demonstrate proficiency in English, strong academic profile and showcase their interpersonal and mathematical aptitudes.

Q:   How much does it cost to study at Erasmus University Rotterdam?
A: 

Erasmus University Rotterdam offers various programs at UG and PG levels for its international students. EUR tuition fee may vary from one programme to another. Erasmus University Rotterdam annual tuition fee for both UG and PG programme is listed below-

Course levelAnnual Tuition Fee in INR
UG
INR 7.17 L - 14.23 L
PG
INR 10.01 L - 73.79 L
Advanced Masters
INR 4.53 L
Q:   Does Erasmus Rotterdam require GMAT?
A: 

International applicants with an international Diploma applying to the university need not submit GMAT score. Even if the student has taken these tests or similar ones, the university does not consider these scores for admission procedure. However, specific programs like the MBA may still require GMAT scores, but this requiremnt varies across courses and is not for all postgraduate courses. Applicants are always suggested to double cgeck before applying to the university.

MSc in Quantitative Finance
 at 
Erasmus University Rotterdam 
Rankings

MSc in Quantitative Finance
 at 
Erasmus University Rotterdam 
 
Students also asked

Q:   What are the requirements for Erasmus University Rotterdam?
A: 

Undergraduate requirements: 

  • Application Fee or fee waiver: Applicants must pay a EUR 100  application fee through the common application or official Application website. However, applicants using these platforms can request a fee waiver. 
  • Transcripts:  the applicant should submit the school report and the official transcript, including all secondary school courses. 
  • Standardised Test Results:  Erasmus University Rotterdam has a long test-optional policy for the 2024 admission cycle. That means that applicants for UG admissions for2024 enrollment can choose to apply with or without submitting ACT or SAT scores. However, if the applicant dosn't meet the requirement of 75% in 12th grade, then they must take SAT.
  • However, checking their official website for an even better understanding is suggested. 
  • Applicants must apply through Studylink
  • A motivation letter must be written given your opinions about topics.

  • Applicants must have a 70% in Mathematics
  • Indian studnets in CBSE must have  grades, A1, A2, and B1 for each of the 5 subjects
  1. CISCE: Indian School Certificate with a minimum score of 75% for each of the 5 subjects
  2. NIOS: Migration Cum Transfer Certificate obtained at the Senior Secondary School Examination with grades A, B or C for each of the 5 exam subjects.
  3. State Boards: Standard XII Certificate with a minimum score of 80% for each of the 5 subjects
  • English Proficiency tests must be submitted. 

Postgraduate requiremnts:

  • A statement of academic purpose (SOP)
  • Applicants must have a list of all their prior colleges or universities, accompanied by unofficial transcripts from each school. However, unofficial transcripts should be uploaded with the applicant's application.
  •  letters of recommendation, Applicants must enter the names of their recommender directly in the application, and they will receive a link to upload a letter on the applicant's behalf. (optional)
  • Applicants must submit their Resumes and CV (Optional)
  • A EUR 100 application fee for PG applicants
  • A standardized test, although the graduate school does not have tests minimum for admission, individual departments may have minimum requirements. However, they need to give IELTS or TOEFL if the applicant is from a non-English speaking native country. However, there are other standardized examinations, such as GRE and GMAT, which are compulsory, however, might vary depending on the course the applicant chooses.
Q:   What is the ranking of Erasmus University Rotterdam in the world?
A: 

Erasmus University Rotterdam is one of the top ranked universities for higher education in the world. Shiksha Popularity Rankings rank Erasmus University Rotterdam at #80 in world. Top ranking bodies worldwide ranks EUR that are listed below-

Ranking Authorities

Rank

Shiksha Popularity Rankings

#80 in world and #6 in Netherlands

Times Higher Education 2026

#107 in World University Rankings

QS Rankings 2026

#140 in QS World University Rankings

US News and World Report 2026

#76 in Best Global Universities

Q:   What is the average salary of Erasmus University Rotterdam?
A: 

EUR MSc placement rate is around 87.2%, and the grads are employed within 6 months of graduation. Erasmus University Rotterdam graduates can earn as follows-

Particulars

Average Salary (ROI)

PG

USD 68,711

UG

EUR 50,000

Q:   Does Erasmus University Rotterdam require IELTS?
A: 

Yes, international students who are enrolled in to English taught programs at Erasmus University Rotterdam are required to provide their IELTS score for English language proficiency. However, besides IELTS international students can prove their proficieny in the English language by submitting TOEFL scorse as well-

Exam Score
IELTSOverall 6.5
TOEFLOverall 90
Cambridge C1 Advanced180
Cambridge C2 Proficiency 180
Q:   How many programme does Erasmus University Rotterdam offer for international students?
A: 

Erasmus University Rotterdam offers 150+ academic programs at UG and PG levels for its international students. EUR popular programs include International Business Administration, Economics and Business Economics, Econometrics, and Medicine.

Erasmus University Rotterdam
Students Ratings & Reviews

4.2/5
Verified Icon4 Verified ReviewsInfo Icon
Student Views (Based on Reviews)
  • 25% students never faced discrimination in this university
Vibe of Campus
Stressful
Academically oriented
Easy going
Multi-dimensional
Internships4
Part time work3.5
Post study jobs4.3
Quality of faculty4
Student Life5
Value for money4.8
Public transportation5
Safety4.5
Indian Food3.3
Permanent Immigration4
V
Vinayak Singla Verified Icon
Bachelor of Science in International Business Administration - Batch of 2026
4.5
Balancing academics and social life with best value for money.
Tips: The transition would always be there, coming from a different country. However, it was quite easy to adapt and make friends. The introduction week especially allowed me to get familiar with the people and culture. Scholarships are available but I could not get one. There is a work-life balance and a healthy living environment. Overall, I am quite satisfied with the university, the culture, my course and the country in general.
Likes (Public transportation): The campus is very well connected to the city. Easy and affordable access to trams, metro, biking and buses. Multiple modes of transport are available throughout the city, connecting the University campus to the rest of the city. The biking culture is superior in the Netherlands, with connectivity in the entire country. This eliminates the reliance on expensive cabs and public transport at odd times.
Dislikes (Indian Food): There are lots of international cuisine restaurants like Italian, Turkish, Moroccan, Indian, Yeminese, Portuguese, Chinese, and Japanese. The city has a wide variety of restaurants available. However, some of these restaurants can be expensive. The minimum cost of an average meal is 10–15 euros without a drink. Another option is supermarkets. However, there is less regional food available in supermarkets in this area, compared to places like the UK, the USA, and Canada. I prefer to cook and eat.
Total Monthly ExpenseEuro 1250
Prepping time for classes30 hours/Week
Expected Annual SalaryEuro 45000
Reviewed on 18 Mar 2025Read more
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yashvardhan Verified Icon
MSc in Economics of Markets and Organisations - Batch of 2022
3.9
Hard work = growth in life. Be prepared to work here.
Tips: It can be a big cultural shock. Depends on one's priorities. But if your priority is to get into the culture, meet people from all over the world and get to know different perspectives, it requires one to get outside their comfort zone more often. But people are friendly and very inclusive in general. There are options for scholarships, but I did not have one. I am very satisfied with my life here, but given the current economic downfall in EU, it is really tough for a non-EU to make a living here. This could of course change in the future.
Likes (Safety): The country is pretty safe, even late at nights. The cops are helpful and people are generally safe. Of course there are a lot of criminal activities going on, but it is comparatively better than most of the other countries. The city is amazing, beautiful and clean. A lot of things are going on in the centre all the time and you see a lot of students walking on the street with different ethnicities. Nightlife can be really good, depending on one's taste, and also a lot of options to learn and grow. One just needs the will to do things and be able to get outside their comfort zone.
Dislikes (Part time work): Getting a part time job can be tough whether on campus or off campus as it requires the restaurant/cafes to get a special arrangement (money paid to the government) for employees who are non-EU. It can also be really tough to manage a part time job along with a 1 year master and maintain a social life. But it surely is possible. Average pay out is approximately 12 euros / hour.
Total Monthly ExpenseEuro 1275
Prepping time for classes30 hours/Week
Expected Annual SalaryEuro 34300
Reviewed on 20 Feb 2024Read more
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R
Rayaan Shrestha Verified Icon
International Bachelor Economics & Business Economics - Batch of 2020
4.2
Very rigorous academics but surrounded by some of the smartest students
Tips: I studied abroad in the Netherlands from the US and there is a shift in culture and academics. Unlike the US where you may have classes every day, in Erasmus there are only classes 2x or 3x a week, albeit they are longer. Classes are split into 3 hour lectures and 2 hour tutorials. The lectures are usually very huge with 200-300 students per lecture hall while the tutorials are led by the TA's and only have around 20 students per class. There is not a strong campus culture as those who come into classes are just coming for classes and in-campus housing is very limited. Housing is very important to find before you start your course since the country does have a housing crisis. Luckily, public transport is very good in the Netherlands, and in combination with the biking culture, you can live far and still commute to campus. There are exams every 2 months and your grade is only determined from your exams. Therefore, you need to be good at test taking to excel at this university.
Likes (Safety): The Netherlands is a very safe country and Rotterdam especially is very safe. The campus is away from the city centre so it is in a very residential area. Public transport and biking are very safe ways to commute in and out of campus. There is also campus security which patrols the campus.
Dislikes (Part time work): There are TA jobs which are the best part-time roles since you are directly under some of the most accredited professors in Europe, with EUR being one of the best universities for Economics in Europe. There are also other on-campus opportunities such as working in the cafeteria or cafes.
Total Monthly ExpenseEuro 2100
Prepping time for classes20 hours/Week
Expected Annual SalaryEuro
Reviewed on 12 Feb 2024Read more
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A
AnonymousVerified Icon
BSc in Econometrics and Economics - Batch of 2024
4.3
Not an easy path but a worthy one.
Tips: Erasmus is not an easy university and the double bachelor's in econometrics and economics is extremely intense but rewarding. Dutch food is horrendous as is the weather. However, if you can cook on your own, you can get most spices here and cook food yourself. Eating Indian food out is also expensive (in my opinion), but I may be biased. The university is overall good, with good lecturers and many research opportunities.
Likes (Permanent Immigration): We are allowed a full year after graduation to stay in the country to find a job. Personally, I have a non-Indian passport and wouldn't give it up for the Dutch one. However, living here for the long term is an easy possibility. Especially if you have a technical degree. However, there is a lot of anti-immigration politicians becoming popular here, so keep this in mind. Additionally, housing is expensive and difficult to find.
Dislikes (Indian Food): Prices are quite high. Fast food will run you around 10-15 euros for full meal and 20+ for a nicer restaurant. Indian food outside is even more expensive so tread lightly. To save money I usually cook. This is of course up to you and your budget. There are some people who can get by with less, especially if they are vegetarians, but nonvegetarians will have to be prepared to spend more. That is the unfortunate reality of the current situation in the Netherlands after last year's high inflation.
Total Monthly ExpenseEuro 1500
Prepping time for classes35 hours/Week
Expected Annual SalaryEuro
Reviewed on 15 Jan 2024Read more
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MSc in Quantitative Finance
 at 
Erasmus University Rotterdam 
Highlights

  • This Course is offered by Erasmus University Rotterdam

MSc in Quantitative Finance
 at 
Erasmus University Rotterdam 
Scholarships

Scholarship information is not available. You can apply to non-college specific scholarships available for Netherlands.
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Anushree is a Graduate in Bachelor's degree in Journalism and Mass Communication and takes keen interest in content creation. She has affinity for writing and travelling around the world takes the top spot on her bucket list. Bringing out the creativ... Read Full Bio

MSc in Quantitative Finance
 at 
Erasmus University Rotterdam 
Contact Information

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Burgemeester Oudlaan 50, 3062 PA Rotterdam, Netherlands
Rotterdam ( Other - Netherlands)

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