Erasmus University Rotterdam

(Redirected from Erasmus School of Economics)

Erasmus University Rotterdam (Dutch: Erasmus Universiteit Rotterdam [eːˈrɑsmʏs ynivɛrsiˈtɛit rɔtərˈdɑm]; abbreviated as EUR) is a public research university located in Rotterdam, Netherlands. The university is named after Desiderius Erasmus Roterodamus, a 15th-century Christian humanist and theologian.

Erasmus University Rotterdam
Erasmus Universiteit Rotterdam
Motto in English
Making Minds Matter[1]
TypePublic, General
Established1913 – Nederlandsche Handels-Hoogeschool
1937 – renamed Nederlandse Economische Hogeschool (with university status granted)
1966 – establishment Medische Faculteit Rotterdam
1973 – merger Medische Faculteit Rotterdam and Nederlandse Economische Hogeschool; renamed to Erasmus University Rotterdam
Budget€732 million (2021)[2]
RectorAnnelien Bredenoord[3]
Academic staff
3,687 (2020)[2]
Students39,150 (2020)[2]
Location, ,
ColoursErasmus Bright Green, Erasmus Green and Erasmus Warm Grey[4]
     
AffiliationsAMBA, EQUIS, AACSB, TPC
Websiteeur.nl

Erasmus MC is the largest and one of the foremost academic medical centers and trauma centers in the Netherlands, whereas its economics and business school, Erasmus School of Economics and Rotterdam School of Management are well known in Europe.

History

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Campus of the university

Erasmus University Rotterdam was founded on 8 November 1913 as the Netherlands School of Commerce (Nederlandsche Handels-Hoogeschool, or NHH) through private initiative with broad support from the business community of Rotterdam.[5] In 1937, the school was recognized as a higher educational institute with university status, providing education in commerce and economics as an academic discipline. This resulted in a change of its name: the NHH became the NEH, or Netherlands School of Economics (Nederlandse Economische Hogeschool). The growing complexity of society led in the 1960s, to the arrival of the faculties of Law and Social Sciences, followed in later decades by Philosophy, History and Arts, and Business Administration.

From 1950, the Foundation for Higher Clinical Education used its best efforts to get a full academic medical study programme established in Rotterdam, and with success: In 1966, the government established the Medical Faculty Rotterdam (Medische Faculteit Rotterdam), housed next to Dijkzigt Hospital. Together with the Sophia Children's Hospital and the Daniel den Hoed Clinic, it forms the University Hospital Rotterdam, which as of 1 January 2003, bears the name Erasmus MC. In 1973, the Medical Faculty Rotterdam and the Netherlands School of Economics merged, after which the institution was renamed under its current name Erasmus University Rotterdam (Erasmus Universiteit Rotterdam) – the first university in the Netherlands named after a person, a man to whom Rotterdam owes the reputation it has held for centuries in the academic world.[6]

Health

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This domain includes the Erasmus MC, the Erasmus School of Health Policy and Management (ESHPM) and the Institute for Medical Technology Assessment (iMTA).

Erasmus MC is the new name for the university medical centre in Rotterdam, which is a merger of the Faculty of Medicine and Health Sciences and the University Hospital Rotterdam (Dijkzigt, Sophia, Daniel den Hoed clinic). The biomedical cluster plays a leading role in the field of analysis of role of individual genes playing role in diseases. The Forensic Molecular Biology department works together with the Netherlands Forensic Institute (NFI). Major long-term genetic epidemiological studies among the elderly and children are Erasmus Rotterdam Health for the Elderly (ERGO) and Generation R respectively. The Erasmus School of Health Policy and Management (ESHPM) forms a bridge between medicine and the health sciences on the one hand and social sciences on the other. The institute for Medical Technology Assessment (iMTA) conducts health economic research in collaboration with both the Erasmus MC and the Erasmus School of Health Policy and Management.

Wealth

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Erasmus University main faculty building containing Erasmus School of Economics.

This area includes the Erasmus School of Economics and the Rotterdam School of Management. Its economics programs and management programs attract students and postgraduates from all over the world. The research schools Erasmus Institute for Management (ERIM) and the Tinbergen Institute attract PhD students, research fellows, PostDocs and visiting professors of repute from all corners of the world. Other joint ventures are the English-language programme International Business Administration, the Erasmus Executive Development programme (EED) and the Erasmus University Centre for Contract Research and Business Support (ERBS).

 
Alma Mater statue created by sculptor Ger van Iersel.

Governance

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The research focuses on the organisation of business and society. This area has ground in common not only with economics and management, but also with medicine and health sciences.

Culture

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University Library.

As one of four concentrations of Erasmus University, culture is defined broadly with focus on the areas of media, cultural economics, and the high arts. Primary research is on society and the arts, including cultural policy, media, and social identity in modern society. Faculty has particular strengths in research, and the students tend to graduate with strong research skills for both academic and field placement.

Research Institutes/Schools

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Wealth

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  • Erasmus Research Institute of Management

The Erasmus Research Institute of Management (ERIM) is the joint research institute of the Rotterdam School of Management and the Erasmus School of Economics, both at Erasmus University Rotterdam. It aims to bring together top researchers in business and management.

  • Econometric Institute

Erasmus University today is seen as the leading university in Econometrics and Operational Research. Jan Tinbergen, Nobel Prize winner for Economics (1969), and Henri Theil founded the Econometric Institute and influenced both Econometrics & Management Science. Tinbergen's theories also had a political inclination, with multiple objectives of price stability and employment and policies to achieve the desired results and stabilizing the economy.

  • Tinbergen Institute (TI)

The Tinbergen Institute is a joint institute for research and education in economics, econometrics and finance of the University of Amsterdam, the VU University Amsterdam and the Erasmus University Rotterdam. It is one of the top research institutes and graduate schools in economics and finance in the world.[7] It offers a research master program (MPhil) in economics and finance as well as PhD opportunities.

  • Transport, Infrastructure and Logistics (TRAIL)

In association with TU Delft, the TRAIL Research School is the Dutch national research school active in the fields of Transport, Infrastructure, and Logistics.

  • Erasmus Centre for Entrepreneurship (ECE)

Erasmus Centre for Entrepreneurship is an independent research and education organisation that originated from the Erasmus University, centring around entrepreneurship, both locally and globally.[8]

Health

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New building (2012) of the Erasmus MC.
 
University Aula.
  • Cardiovascular Research School Erasmus University Rotterdam (COEUR)
  • Netherlands Institute for Health Sciences (NIHES)
  • Postgraduate School Molecular Medicine (MM)
  • Medical Genetics Centre South-West Netherlands (MGC)

MGC participates in the top Research School Centre for Developmental and Biomedical Genetics

  • Helmholtz School for Autonomous Systems Research

Law, Culture and Society

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  • Institute for Sales and Account Management
  • International Institute of Social Studies
  • Research School Public Safety
  • Netherlands Institute of Government (NIG)
  • Huizinga Instituut
  • N.W. Posthumus Instituut
  • Amsterdam School of Social-Public Research (ASSR)
  • Research School Rights of the human
  • Experimental Psychologic Researchschool (EPOS)
  • Kurt Lewin Institute
  • Research School of Ethics

Campus

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Erasmus University College
 
International Institute of Social Studies in the Hague.

The University has campuses at five locations, of which four in Rotterdam and one in The Hague:[9]

Sustainability

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On 9 September 2009 ("Sustainability Day"), GreenEUR was launched officially. During this day, GreenEUR organized several on-campus activities in cooperation with Greening the Campus. Since April 2010 GreenEUR is officially recognized by the Executive Board.[10]

Student activities

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Rankings

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University rankings
Global – Overall
ARWU World[12]101-150 (2024)
CWUR World[13]101 (2024)
CWTS World[14]104 (2024)
QS World[15]158 (2025)
THE World[16]=107 (2025)
USNWR Global[17]=70 (2024-25)
Global – Business and economics
Business Insider MBA[18]29 (2020)
Financial Times MBA[19]61 (2024)
QS Business[20]19 (2024)
QS Economics[21]47 (2024)
QS MBA[22]32 (2024)
THE Business and Economics[23]22 (2024)
Global – Life sciences and medicine
ARWU Clinical medicine and pharmacy[24]51-75 (2024)
ARWU Life sciences[25]76-100 (2024)
QS Life Sciences & Medicine[26]=78 (2024)
THE Clinical and Health[27]47 (2024)

Erasmus School of Economics

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Economics Department

The economics faculty is, according to the QS World University Rankings 2018, the 9th best in Europe (UK included) and 50th in the world in economics and econometrics,[28] and 37th in the world in accounting and finance (10th best in Europe).[29] [30]

Times Higher Education World University Rankings ranks Erasmus University 1st in the Netherlands, 7th in Europe and 28th in the world for the subject Economics and Business in 2020.[31]

The Shanghai Jiao Tong University Academic Ranking of World Universities published in 2018, lists Erasmus School of Economics as 9th in Europe and 32nd in the world in the fields of economics and business.[32]

According to US News 2022, Erasmus University Rotterdam ranked 1st in the Netherlands, 2nd in Europe and 10th in the world for Economics and Business.[33]

Rotterdam School of Management

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The Financial Times European Business School Rankings [34] as well as the Global MBA rankings [35] consistently lists RSM as top 10 in Europe. The Financial Times ranked the CEMS MSc in International Management offered by Rotterdam School of Management, Erasmus University as third in the world in 2022.[36] QS ranked the school's MSc Global Business & Sustainability program among the top 60 in the world in the 2023 International Trade Rankings.[37]

Accreditations

The business school has achieved triple accreditation from the international accrediting bodies of management education; AMBA, EQUIS, and AACSB. Only 100 business schools in the world have acquired triple accreditation, although many schools have a policy of not applying for multiple accreditations.[citation needed]

Erasmus Medical Center

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Main building of the Erasmus MC, the University Medical Center.

The Erasmus MC (university medical center) is considered by several major rankings to be a global top institution for clinical medicine, i.e. ranked in the world as 45th in 2020 by Times Higher Education World University Rankings,[38] as 28th in 2020 by U.S. News & World Report Best Global University Ranking[39] and 50th in 2019 by QS World University Rankings.[40]

Furthermore, the Erasmus MC is listed by The Scientist as the fifth-best of the top 15 medical institutions outside the United States (ranking 2004).

Education

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Undergraduate programmes

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Erasmus University Rotterdam offers a broad range of Bachelor's programmes taught in the Dutch language, leading to a B.A., BSc or LL.B. degree.

Furthermore, the university offers several completely English-language Bachelor programmes. These programmes are open to students aiming for an international career in Business and/or Economics or Communication and Media. Apart from the Dutch students, at least 50% of the students taking these programmes are international students from over 80 countries.[41]

Graduate Studies

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Students can choose from different types of Master programmes: (common) Master programmes, Research Master programmes or Post-experience Master programmes. Education at this level is given mostly in English.

Master's programmes

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These type of Master's programmes lead to a M.A., MSc or LL.M. degree.

Research Master's programmes

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Talented graduates are given the opportunity to utilise their skills and potential in academic research. To be eligible for a Research Master, a bachelor's or master's degree must have been obtained.

Post-experience and professional Master's programmes

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The university also offers specialised knowledge and skills programmes for further development of one's professional career. These types of programmes leads to the commonly known M.A. or MSc, but also to professional master's degree's like MBA, MFM (Master in Financial Management), or MHM.

Research doctoral programmes

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In addition, most departments, affiliated (research) institutes or faculties offer doctorate programs or positions, leading to the 'Doctor of Philosophy' (PhD) degree. Most of the PhD programs offered by the university are concentrated in several research schools or institutes.

Erasmus Honours Academy

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Erasmus University offers special honours programmes.

Students are invited to take part if their first-year grades are well above average and if they have proved themselves to be sufficiently motivated. The programmes are either disciplinary: special programmes for the very best students of one departments, or interdisciplinary: one of the Erasmus Honours Programme-tracks, where the very best students of the different faculties of the Erasmus University investigate, discuss, and tackle crucial contemporary scientific and societal questions from various perspectives.

After successfully completing the honours-programme, students receive a Honours-certificate and a Letter of Recommendation from the dean of their respective Faculty, or the Rector Magnificus of the EUR.[42]

Notable staff

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Jan Tinbergen was awarded the first Nobel Memorial Prize in Economic Sciences in 1969.

Politics

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Business

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Scientists

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Philosophy

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Notable alumni

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Heads of government

Business leaders

Economists and researchers

Politicians

Others

References

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  1. ^ Making Minds Matter – website of the EUR
  2. ^ a b c "EUR Annual report 2020".
  3. ^ Rector Magnificus Executive Profile
  4. ^ Corporate colours – website of the EUR
  5. ^ History Erasmus University Rotterdam – website Erasmus Trustfonds
  6. ^ "History". eur.nl. 27 September 2022.
  7. ^ See also Ranking Tinbergen (Econometric) Institute
  8. ^ "Erasmus Centre for Entrepreneurship".
  9. ^ EUR Locations – website of the Erasmus University Rotterdam
  10. ^ "GreenEUR". GreenEUR.
  11. ^ "Welcome". EDS.
  12. ^ "2024 Academic Ranking of World Universities". Shanghai Ranking Consultancy. Retrieved 8 October 2024.
  13. ^ "World University Rankings 2024". Center for World University Rankings. Retrieved 6 June 2024.
  14. ^ "CWTS Leiden Ranking 2024 - PP top 10%". CWTS Leiden Ranking. Retrieved 8 October 2024.
  15. ^ "QS World University Rankings 2025". Quacquarelli Symonds Ltd. Retrieved 8 October 2024.
  16. ^ "World University Rankings 2025". Times Higher Education (THE). Retrieved 9 October 2024.
  17. ^ "2024-2025 Best Global Universities Rankings". U.S. News Education (USNWR). Retrieved 8 October 2024.
  18. ^ "The 50 best MBA programs in the world 2020". Business Insider. Retrieved 5 March 2021.
  19. ^ "Rotterdam School of Management, Erasmus University - Global MBA ranking 2024". Financial Times. Retrieved 8 October 2024.
  20. ^ "QS World University Rankings by Subject 2024: Business & Management Studies". Top Universities. Retrieved 8 October 2024.
  21. ^ "QS World University Rankings by Subject 2024: Economics & Econometrics". Top Universities. Retrieved 8 October 2024.
  22. ^ "QS World University Rankings: Global MBA Rankings 2024". Top Universities. Retrieved 8 October 2024.
  23. ^ "THE World University Rankings 2024 by subject: business and economics". Times Higher Education. 18 October 2023. Retrieved 29 December 2023.
  24. ^ "ShanghaiRanking's 2024 Global Ranking of Academic Subject - Clinical Medicine". Shanghai Ranking Consultancy. Retrieved 17 November 2024.
  25. ^ "ShanghaiRanking's 2024 Global Ranking of Academic Subjects - Life Sciences: Human Biological Sciences". Shanghai Ranking Consultancy. Retrieved 17 November 2024.
  26. ^ "QS World University Rankings by Subject 2024: Life Sciences & Medicine". Top Universities. Retrieved 8 October 2024.
  27. ^ "THE World University Rankings 2024 by subject: clinical and health". Top Universities. 18 October 2023. Retrieved 28 December 2023.
  28. ^ QS World University Rankings economics econometrics 2014. Retrieved 20 June 2014
  29. ^ QS World University Rankings accounting 2014. Retrieved 20 June 2014
  30. ^ QS World University Rankings economics econometrics 2013. Retrieved 18 June 2013
  31. ^ "World University Rankings 2020 by subject: Business and economics". www.timeshighereducation.com. 29 October 2019. Retrieved 6 August 2020.
  32. ^ "Academic Ranking of World Universities in Economics / Business – 2015 | 2015 Top 200 Universities in Economics / Business | ARWU-SUBJECT 2015". www.shanghairanking.com. Archived from the original on 20 June 2016. Retrieved 27 November 2016.
  33. ^ Global University Rankings. Retrieved 22 November 2021
  34. ^ FT European Business school rankings Archived 28 March 2020 at the Wayback Machine. Retrieved 1 July 2020
  35. ^ FT Global MBA Rankings Archived 29 August 2011 at the Wayback Machine. Retrieved 30 September 2010
  36. ^ "Business school rankings from the Financial Times". Financial Times. Retrieved 6 December 2022.
  37. ^ "Global Rankings of International Trade Master's Programs". Hinrich Foundation. Retrieved 21 February 2023.
  38. ^ World University Rankings 2020 by subject: clinical, pre-clinical and health – website Times Higher Education World University Rankings
  39. ^ Best Global Universities for Clinical Medicine – website U.S. News & World Report Best Global University Ranking
  40. ^ QS World University Rankings by Subject 2019: Life Sciences and Medicine – website QS World University Rankings
  41. ^ "Admission requirements for Bachelor International Bachelor Economics and Business Economics | Erasmus University Rotterdam". www.eur.nl. Retrieved 12 November 2023.
  42. ^ "EUR Strategy", EUR, nd, retrieved 11 July 2012
  43. ^ "Kees Storm tapped as Anheuser-Busch InBev chairman". MarketWatch.
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51°55′05″N 4°31′33″E / 51.91806°N 4.52583°E / 51.91806; 4.52583