MBA in Ireland


  • Overview

 Why study in Ireland:

·       The education system of Ireland is among the top ones in the world. Many Irish universities rank among the top 3% of universities in the world.

 

·       The government-funded universities in Ireland have all the basic facilities available on beautiful campuses including various research centres. Ireland is famous for its research facilities and opportunities and its research ranks among the top 1% globally in 18 of the research fields. The Irish government has increased its investment in higher education by 10% thereby providing a world-class level of education to the students.

 

·       Students from 160 different countries constitute around 12% of the Irish student’s population. Ireland is among the top English-speaking countries in Europe so it becomes easier for international students to blend in with the surrounding. It has a cultural diversity and there are many places where the students can visit during weekends and holidays.

 

·       Ireland provides a two-year post-degree visa to its international students so that they can look for job prospects and start their career. The students are also permitted 20-hours per week of part-time work while pursuing their education. The fee structure and living expenses are also low as compared to other countries for MBA in Ireland as well as other courses.

 

Why Study MBA in Ireland:

·       Ireland provides an MBA of one-year duration which saves the time of the students along with providing them with the required skills within that period. The students also gain experience through internships in various companies as it is a part of the MBA curriculum. After the completion of the course, Ireland also provides a 2-year extended visa to international students so that they can find jobs within that period within the country. The top universities of Ireland claim that their majority of students get placed within 6 months from the completion of their course.

 

·       As per a European study, Irish MBA students observe a 50%-60% increase in their annual pay. There are a lot of opportunities for getting a job in management in Ireland because it is a business hub. According to the World Bank, Ireland is one of the top places to do business. It stands at 18th place in the list of top 25 most entrepreneurial countries. Ireland is home to the European headquarters of many global giants such as Apple, IBM, Google, Facebook, LinkedIn, Airbnb, PayPal, Microsoft, etc. thereby creating a lot of job prospects for the students of management.

 

·       The cost of doing an MBA is lower in Ireland as compared to other countries like the USA or UK. Doing MBA from Ireland provides the students with the European education experience within a limited budget. Irish business schools attract applications from students all around the world owing to the facilities provided by the universities, the affordable fee structure and availability of post-study work opportunities.

 

·       There are more than 30 institutions and universities in Ireland which offer around 620 courses in business and management, thereby giving a wide variety of choices to the students. Various specializations are provided by the institutions apart from general Finance, Marketing, Human Resource Management and Sales. These specializations range from healthcare to project management and public administration.

 

·       Irish universities offer MBA to students in English which is why the degree is recognized worldwide. There are people from different countries and culture and students get the opportunity to meet other students from different fields and different backgrounds which help them to have a world-class experience and which also helps them to prepare for future jobs where they would have to connect with different people.

 

Top colleges for MBA in Ireland

University

Duration

Fees in EUR

Fees in INR*

Trinity College, Dublin

1 year

34,700

30,87,953

University College, Dublin

1 year

34,500

30,70,155

University College, Cork

2 years

27,000

24,02,730

Griffith College, Dublin

1 year

14,000

12,45,860

Dublin Business School

1 year

12,500

11,12,375

National University of Ireland, Galway

2 years

31,000

27,58,690

University of Limerick

2 years

33,444

29,76,182

 

*1EUR= 88.99 INR

 

Cost of MBA in Ireland

The cost of studying in Ireland can be divided into three parts- the expense before getting admitted to the university, the college fees and the living expenses. The expense that is incurred before getting admission is one-time expenses which includes visa fees, application fees and the eligible exam fees. The total pre-admission fee is around 30000 INR.

 

The tuition fees of the colleges range from 10 lakhs to 30 lakhs depending on the university that one is getting admitted into. The expense of living in Ireland which includes food, accommodation, travel, books and other personal expenses range from around 8 lakhs to 10 lakhs per year depending on the way of living of the students. So, the total expenditure of doing an MBA in Ireland is around 20 lakhs to 45 lakhs per year.

 

The students can do part-time jobs or paid internships related to their course along with their MBA to earn while they are studying.

 

MBA in Ireland Eligibility & Requirements

The MBA in Ireland eligibility and admission process in Irish universities can be done online. Although different universities have their conditions, the following are the common MBA in Ireland requirements for admission.

 

·       The candidate must have a bachelor’s degree from a recognized institute which is equivalent to the primary degree level of Irish universities. Work experience of around 1-3 years is preferred.

·       The candidate has to qualify for the GMAT (Graduate Management Admission Test). However, there are plenty of options of MBA in Ireland for Indian students without GMAT as well. Many universities accept applications with GRE also.

·       The candidates have to qualify for an English language proficiency test like IELTS or TOEFL. Exceptions here as well.

·       As part of their MBA in Ireland requirements for admission, some universities also interview the selection process of the candidates.

·       A minimum of two-letter of recommendations, preferably from professional backgrounds are also required.

 

MBA in Ireland Requirements for Application

For the online admission process, the application form of the particular university has to be filled online by the candidate along with the payment of the application fee. Certain necessary documents are to be attached along with the application like SOPs, Essays, LORs, etc. as directed by the university.

 

Scholarships for MBA in Ireland

There are a large number of scholarships available to international students of MBA in Ireland from various sources like the Irish Government, the management institutions and certain organizations. Different institutions and organizations have their eligibility requirements for the scholarships given by them. Given below are some of the scholarships given to management students in Ireland:

 

·       TU Dublin Centenary Scholarship Program- This scholarship is applicable only once and it covers around 50% of the tuition fees of the students.

·       Achiever MBA Scholarship- This scholarship is offered to both Irish as well as international students by UCD Michael Smurfit Graduate Business School. It covers the tuition fees of the particular year of the management students.

·       UCC Excellence Masters Scholarship- It is offered to both Irish and international students enrolled in any post-graduate course at University College, Cork. The amount of scholarship is equal to EU fees. International students have to pay the remaining fees themselves.

·       Forte Fellows Program- This scholarship is offered by the Forte Foundation to international students. It partially funds the students in Forte sponsor schools.

·       University of Limerick India PG Scholarship- These are merit-based scholarships provided to Indian students studying at the University of Limerick. The scholarship amount ranges from 1 lakh to 3.5 lakhs.

 

MBA in Ireland without IELTS

While IELTS is required for applying for an MBA in Ireland for Indian students, it is not a compulsion. Alternative examinations that you can appear for are TOEFL or Pearson PTE exam. Further, in some universities, if you have completed your bachelor’s in an English-language institution and you can provide proof, it is also acceptable. It is recommended that you see your university’s MBA in Ireland requirements.

 

MBA in Ireland vs Canada

While both are top-level institutions, pursuing an MBA in Ireland for Indian students is a comparatively less attractive proposition than in Canada. With the current Brexit situation and uncertainties, if you are looking to study and settle down, Canada gains precedence. Else, if you plan to come back to India, Ireland deserves mention.

 

Job prospects after MBA in Ireland

MBA freshers can expect a salary of around 35 lakhs per annum in Ireland and with experience, their salary can also increase up to 72 lakhs per annum. There are various job opportunities available to MBA students after completing their course in Ireland. They can either work for the tech companies that are situated there. The head offices of 9 out of 10 tech giants are situated in Ireland. MBA graduates can work in the fields of management, technology, digital media, consulting, etc. They can also work for newly emerging enterprises in the country as Ireland is also one of the top entrepreneurial countries. The students can become entrepreneurs themselves as well if they are interested in that field.

 

MBA in Ireland: Conclusion

MBA is a globally acclaimed course that helps in building up skills and abilities related to business and management. Ireland is one of the top countries for pursuing an MBA at a relatively lower cost, creating a large number of job prospects. Hence, more and more students are attracted to doing an MBA from Ireland.

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