| Rotterdam School of Management (RSM), Erasmus University | |
|---|---|
| Established | 1966 |
| Dean | (Acting Dean) Steef van de Velde |
| Students | 7,000 |
| Location | Rotterdam, Netherlands |
| Affiliations | AMBA, EQUIS, AACSB, CEMS |
| Website | http://www.rsm.nl |
Rotterdam School of Management, Erasmus University (or RSM) is the international business school of the Erasmus University Rotterdam located in Rotterdam, Netherlands. It offers undergraduate and postgraduate programmes taught mostly in English, including MBA, Executive Education, and PhD programmes.
RSM is highly ranked, including 6th amongst the top European business schools[1] by the Financial Times, 5th in the world by Eduniversal[2] and among the top 20 by The Wall Street Journal.[3] RSM is one of the few business schools (1% of business schools worldwide) to possess the distinguished Triple Crown Accreditation - AMBA, EQUIS and AACSB. In addition, the school is accredited by the Nederlands-Vlaamse Accreditatieorganisatie (NVAO) for five of its post-experience (executive) master programmes; and, is part of the Global Alliance in Management Education (CEMS), a consortium of Europe's leading schools and corporate partners. RSM is a member of the Partnership in International Management (PIM) network, and hosts a proud international diversity including 97% of its MBA students from outside the Netherlands.[4]
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The roots of RSM stretch back to the founding of Erasmus University as the Dutch School of Higher Commercial Education in 1913. Originally a business-oriented institution, the Dutch School of Higher Commercial Education was a private initiative established with the support of the Rotterdam business community.
In 1966 Erasmus University (then the Netherlands Institute for Economic Science), commissioned an investigation into the feasibility of founding a Graduate School of Management dedicated to the subject of ‘business administration’. The result, inaugurated in 1969, was the ‘Interfaculteit Bedrijfskunde/Graduate School of Management’, a joint initiative of the schools of economics, law and social sciences of Erasmus University, and the schools of civil, mechanical and maritime engineering and general sciences at the Delft University of Technology.
Rotterdam School of Management, Erasmus University first opened its doors in 1970 in the suburb of Kralingen, Rotterdam. The first 30 students began classes in the innovative two-year ‘post-kandidaats’ programme (equivalent to a master’s). The school became the first in the Netherlands to offer the degree “Doctorandus in de Bedrijfskunde” post-kandidaats, for students with a university qualification in a non-business discipline.
In 1972 the school moved to new premises in Delft, and once again was remodelled, this time as the Interuniversities Institute for Business Administration (‘Interuniversitair Instituut Bedrijfskunde’ or IIB). It had only one division, the ‘Interuniversitaire Interfaculteit Bedrijfskunde/Graduate School of Management Delft’. In November that year the first 29 students graduated with the new academic degree ‘Doctorandus in de Bedrijfskunde’ (Drs.), and the Alumni Association VIB, the ‘Vereniging van afgestudeerden van de Interfaculteit Bedrijfskunde’ was formally established.
In 1975 the curriculum was revised and, from 1977 onwards, the focus turned towards the internationalisation of the school. The first exchange programme was established in 1980 with the French Institut Supérieur des Affaires, visited by IIB-students Hans van der Laan and Rino Schreuder. The second exchange programme was established with the Wharton School of the University of Pennsylvania in 1986. The number of English-language modules with an international focus expanded. In 1984 the four-year ‘doctorandus’ programme was launched. The first European CEMS master’s degree was conferred in 1991, a result of RSM’s assimilation into the prestigious CEMS network.
In 1986 the Graduate School of Management Delft moved back to the premises of Erasmus University, and was re-named the Faculty of Business Administration. The doctoral programme was established in the same year. In 1993 the ERASM research school was founded, bringing together researchers from the Faculty of Business Administration and the School of Economics. It is known today as the Erasmus Research Institute of Management (ERIM).
In 2003 the International Business Administration programme (IBA) was established, an English-language programme with a recruitment target of 50% of students from outside the Netherlands.
In 1966 a consensus on the lack of suitable training and higher educational facilities for managers in the Netherlands, spurred Dutch-based multinationals including Royal Dutch Shell, Unilever and Philips to establish the Foundation for Business Administration, an institute for postgraduate management education that later became Rotterdam School of Management (RSM).
The founding fathers of the Rotterdam School of Management each donated two million guilders and included:
In 1985 the Rotterdam School of Management launched its International Fulltime MBA programme, initially offered in both Dutch and English. In 1986 the ‘post-kandidaats’ IMSEC exchange programme was absorbed into the MBA, and a new IMScEC ‘doctorandus’ programme was launched.
In 2003 RSM joined with four schools located in three continents to create the "Global Executive OneMBA".
In 2004 Rotterdam School of Management merged with Erasmus University's Faculty of Business Administration and the Erasmus Research Institute of Management to become Rotterdam School of Management, Erasmus University (RSM).
In 2006 the MSc General Management was established, a new master’s degree for non-business graduates. In 2008 the school welcomed a new dean, George Yip with twelve years of business experience.
Rotterdam School of Management, Erasmus University is considered a universal business school with major international influence (highest rank) according to Eduniversal.[5] Among the business schools with major international influence, RSM is ranked as follows:
| Period | Netherlands | In Europe | In the World |
|---|---|---|---|
| 2010 | 1st | 3rd | 5th |
| 2009 | 1st | 3rd | 6th |
The Wall Street Journal annual survey of corporate recruiters [6] ranked RSM as follows:
| Period | Netherlands | In Europe | In the World |
|---|---|---|---|
| 2007 | 1st | 10th | 18th |
| 2006 | 1st | 11th | 19th |
The University of Texas Top 100 Business School Research Rankings[7] ranked RSM as follows:
| Period | Netherlands | In Europe | In the World |
|---|---|---|---|
| 2005–2009 | 2nd | 4th | 49th |
| 2004–2008 | 2nd | 4th | 61st |
| 2003–2007 | 2nd | 4th | 65th |
| 2002–2006 | 2nd | 4th | 80th |
| 2001–2005 | 2nd | 4th | 69th |
| 2000–2004 | 2nd | 4th | 77th |
The Financial Times Global MBA Rankings[8] ranked the MBA programme at RSM as follows:
| Period | Netherlands | In Europe | In the World |
|---|---|---|---|
| 2011 | 1st | 14th | 36th |
| 2010 | 1st | 11th | 25th |
| 2009 | 1st | 9th | 26th |
| 2008 | 1st | 15th | 34th |
The Financial Times European Business School Rankings[9] ranked RSM as follows:
| Period | Netherlands | In Europe |
|---|---|---|
| 2010 | 1st | 6th |
| 2009 | 1st | 7th |
| 2008 | 1st | 8th |
| 2007 | 1st | 8th |
The Financial Times Masters in Management Rankings[10] ranked the CEMS MSc in International Management offered by RSM as follows:
| Period | Netherlands | In Europe | In the World |
|---|---|---|---|
| 2010 | 1st | 10th | 11th |
| 2009 | 1st | 10th | 10th |
| 2008 | 1st | 8th | 8th |
The QS Global 200 Business Schools Report,[11] when assessing the business schools currently preferred by the most international employers for the purpose of hiring postgraduates ranked RSM as follows:
| Period | Netherlands | In Europe |
|---|---|---|
| 2008–2009 | 1st | 10th |
| 2007–2008 | 1st | 7th |
The business school has achieved triple accreditation from the international accrediting bodies of management education; AMBA, EQUIS, and AACSB. Only 40 business schools in the world have acquired triple accreditation, although it should be noted that many schools have a policy of not applying for multiple accreditations.
The BSc Business Administration is a three-year programme taught in Dutch.
RSM’s Bachelor of Science in International Business Administration (IBA) is an international bachelor programme for a career in global business. This programme teaches entrepreneurship and global management; students are of 80 different nationalities. The programme is taught in English.
A number of specialisations teach entrepreneurship, sustainability, corporate social responsibility, innovation and supply chain management in international business. All the programmes utilise RSM’s international partner school network to provide students with opportunities for international exchanges and the chance to build networks of global peers.
The Master of Science programme offers many specialisations to students with a Bachelor's degree in business or management:
The MSc International Management (CEMS) is ranked as the best Masters' degree in Management in the world by the Financial Times in 2009. The CEMS master’s programme is a degree offered across 17 European business schools, the Community of European Management Schools (CEMS). The programme offers a semester abroad at a partner school and an international internship. Participants in the MSc International Management – CEMS graduate with both the CEMS qualification and RSM’s MSc in International Management.
The General Management programme is an advanced master’s programme specifically designed for bachelor graduates from other disciplines (e.g., engineering, science, or the arts) looking to expand their career options or make the switch to a career in business or management. This cross-discipline programme combines knowledge gained in previous academic fields with skills and knowledge in business and management.
The MFM Programme teaches corporate finance, financial decision-making, risk analysis and risk management. The focus of MFM is on the problem-structuring and problem-solving approach of case studies covering both abstract financial theory and its empirical application.
The Executive International Master of Science in Corporate Communication (MCC) is for corporate communication professionals seeking to learn external and internal organisational communication strategy. The MCC programme combines academic research and real-life cases. It is a part-time course comprising four segments delivered over an 18-month period.
RSM’s Full-time International MBA programme is taught in English over 12 months for students in the early stages of management careers, and teaches management knowledge, skills and leadership abilities. A year-long Personal Leadership Programme runs alongside the curriculum and aims to develop leadership abilities in a complex environment, with input from its diverse student body of approximately 50 different nationalities with industry and educational backgrounds.Content reflects a European perspective, emphasising diversity, entrepreneurship, sustainability and corporate social responsibility. Students' average age is 29 with an average of 5.5 years of professional experience.
RSM’s Global OneMBA is a global MBA programme for senior executives created by five business schools in Asia, Europe, North America and South America. The programme is taught in English over 21 months and includes four week-long residencies. Participants receive an MBA from their home university, and the OneMBA issued by the five partner schools. OneMBA offers business experience in the world’s most important economic regions.
RSM’s Executive part-time MBA programme has the same aims as the full-time MBA programme. Conducted part-time over two years, the programme is taught in English every second weekend, with a one-month practical project and a week-long international tour.
The Master of Philosophy in Business Research, offered in coordination with ERIM, is officially accredited by NVAO, and is intended to develop academic competencies and skills within a specific field of management. Maximum admission is 30 students per year.
The advanced four-year international PhD Management research programme is preparation for candidates looking for PhD study in management or business who wish to pursue roles in staff departments of large companies, consultancy firms and institutes for applied research. The programme covers Business Processes, Logistics and Information Systems, Organisation, Marketing, Finance and Strategy. The first year is largely devoted to course work and the writing of a dissertation proposal; the remainder of the programme is almost fully dedicated to the dissertation research. As of 2010[update] about 100 students from 15 countries are enrolled in the PhD programme.
RSM’s Executive Education & Organisational Development department specialises in providing learning and development services to individuals and organisations.
RSM In-company Programmes designs custom-built programmes to meet client needs. Programmes range from short workshops to fully accredited degree programmes and can cover any area including: strategy and leadership, management development, sustainability, innovation, organisational change and all functional business topics such as sales and marketing, accounting and finance, and human resource management.
RSM Open Enrolment Programmes offers a diploma in Business Management and Leadership as well as short courses for managers and specialists covering a range of functional areas including: finance, sales and marketing, human resource management supply chain and operations and contemporary issues such as sustainability and innovation.
RSM Consulting offers both specialist business and organisational development consulting. Specialist business consultants offer expertise in key business disciplines while RSM's team of learning and development consultants assist companies in aligning educational activities to support business strategies and advise on related topics, including organisational development and talent management.
RSM Speakers offers a comprehensive service for identifying and engaging expert speakers on a range of contemporary topics. The service includes: working with the client to establish specific requirements, identifying appropriate speakers, managing the contact and administration associated with engaging the speaker.
RSM’s partner school network comprises more than 100 leading business schools and universities. Most of these schools are members of either the Partnership in International Management (PIM), and/or the Global Alliance in Management Education (CEMS), of which RSM is the only Dutch member. Others are fostered through RSM’s own bilateral relationships.
Among the partner schools :
and many more...
| Name | Class year | Notability | References |
|---|---|---|---|
| Mohammad Hatta | 1932 (Doctorandus) | Indonesia first Vice-President and former Prime Minister | Mohammad Hatta |
| Saskia Stuiveling | 1972 (Master) | President of Netherlands Court of Audit | [1] |
| Herman Heinsbroek | 1975 | Former Minister of Economic Affairs of the Netherlands; founder of Arcade Records | [2] |
| Hans N.J. Smits | 1975 (Master) | CEO of Port of Rotterdam Authority | [3] |
| Feike Sijbesma | 1987 (Bachelor) | CEO of DSM | [4] |
| Alexander Ribbink | 1990 (MBA) | Former COO of TomTom | [5] |
| Boudewijn Beerkens | 1991 (MBA) | CFO of Kluwer | [6] |
| Sergio Orlandini | Former Chairman of KLM | ||
| Johan Andersen | CEO of Ferd AS | ||
| Rene Hooft Graafland | CFO of Heineken | ||
| Michael Meurs | Former CFO of Ahold | ||
| Maarten Fontein | Former CEO of AFC Ajax |
There are a wide variety of events at RSM each year, meant to engage current and potential students, academics, alumni, and other internal and external participants. Some significant yearly events include:
Corporate and Alumni Events: The Corporate & Alumni Relations office presents an ongoing series of events that bring highly-placed business leaders, RSM academics, and alumni together. These events include Journeys With Erasmus, an annual Leadership Summit, and Alumni reunions and conferences.
Executive Education & Organisational Development Events: Executive Education & Organisational Development hosts regular events for the HR and Learning and Development Communities. These include quarterly HR Networking Events which feature industry and academic speakers on contemporary topics, an HR Summit for senior practitioners and the annual EEOD Open Day.
Academic Events: In conjunction with the Erasmus Research Institute of Management (ERIM) – ranked #3 in Europe for research output - RSM organises a variety of academic symposia, awards ceremonies and other events.
Career and Recruitment Events: MBA and MSc recruitment events are particularly important aspects of RSM’s programmes. Each fall includes the Annual Careers Fair for MBAs; each October STAR (Study Association Rotterdam School of Management, Erasmus University) organises STAR Management Week for Masters students. These events bring pre- and post-experience programme participants in touch with recruiters and corporate partners.
I WILL In October 2009, RSM launched a social movement and network, with a website, called I WILL.[12]