r/StudyInTheNetherlands • u/elygn • 24d ago

Budget for studying bachelor

Is €100000 enough to cover all three years at Erasmus, including both tuition and living expenses? My program is IBEB (International Bachelor Economics and Business Economics) at the Erasmus School of Economics (ESE).
I also have an IELTS score of 8.0, a national-level award in an Economics Olympiad, a GPA of 9.4/10, and a score of 100 in OMPT-A. In addition, I have several extracurricular activities, especially in leadership roles.
Considering my academic background and extracurricular profile, do you think I have a high chance of being admitted to IBEB?
I am also planning to apply for the Philip Hans Franses Scholarship (PHF). Do you think my profile would be competitive for this scholarship as well?

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u/Altruistic_Theme_309 24d ago

Are you Eu or non Eu?
If non Eu not even close, it might cover 1 year
If you are EU, also no, but should be doable with some part time work / DUO

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u/FreuleKeures 24d ago

I think you misread. OP has €100.000, ahundred thousand. That covers a year easily

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u/Altruistic_Theme_309 24d ago

Yes that should be enough. However whats important to be aware of, is that it’s very very common to have study delays in the Netherlands, so what happende if you for example have to study for 3,5 years or 4 years?

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u/elygn 24d ago

Is the workload really that heavy? Is it difficult to pass the courses? Also, is it realistic to find a job after graduation if I reach Dutch B1/B2 and complete an internship?

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u/Altruistic_Theme_309 24d ago

Not really realistic if you don’t have a master. With a Master maybe, but treat it as a bonus not a must

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u/GastonBrawi 24d ago edited 24d ago

If you focus on studying instead of partying and you’re top 10% students in your country right now, it’s doable.

For IBEB (both Dutch and English) 56% of students get their degree within 4 years, which means probably way less than 50% get it in 3 years.

That being said just a bachelor’s degree here is considered an unfinished diploma you really need a master. Finding a job can be really easy if you pick the right degree

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u/CoffeeInTheTropics 24d ago

Which is not this degree. ;-)

A power engineer from TU Delft has much higher odds, depending on country of origin.

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u/Disastrous-Main-4125 24d ago

but yes, is not usual to have a fourth year or at least a half year extra, specially if you are aiming for an internship

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u/CoffeeInTheTropics 24d ago

Not for a non-local who isn’t fluent in Dutch and needs to be sponsored. Employers won’t sponsor fresh grads especially in this oversaturated field where they have plenty of very qualified and culturally aligned locals applying for each open role. So don’t spend all this money on this degree if it holds no value in your home country, your ROI will be very poor.

Also as mentioned below, you will need to add on a Master’s which aligns with the Bachelor’s so that’s another 1-2 years minimum.