Study In Ireland: Guide To MBA In Ireland For International Students

Ireland’s desire to become a Western European economic center has drawn international students to its finest colleges. The popularity of MBA in Ireland has grown over time. Its excellence comes from top business schools, impressive career growth, and intriguing employment data. MBA in Ireland teaches practical and business-relevant skills to prepare students for success. Expert faculty and a supportive learning environment foster creativity and progress. MBA in Ireland helps you succeed in business, finance, and management.

Why Study MBA in Ireland?

Is Ireland good for MBA? There are many reasons to study MBA in Ireland.

Let us begin the discussion with reasons study MBA in Ireland:

• Internationally Accredited Universities: Accelerated Master’s in Business Administration (AMBA) is the gold standard for MBA programs around the world. In Ireland, there are numerous AMBA-accredited MBA programs. Dublin City University, Trinity College Dublin, Technological University Dublin, and others are among them.
• Innovative Learning: The MBA learning environment in Irish universities is vibrant and engaging. To provide students with innovative and practical learning, institutions organize expert seminars, workshops, collaborative projects, real-life case studies, and other company-based projects.
• Affordability: Ireland MBA fees are lower than in most other European countries. In Ireland, the cost of living and other facilities are also within a reasonable budget. All you have to do is enroll in the cheapest MBA in Ireland for international students at Griffith College Dublin, National College of Ireland, and so on.
• Graduate Visa for International Students: The Ireland government has provision for a two-year graduate work visa for international students. During this period, you can apply for a green card or work permit after completion of your MBA in Ireland.
  
• Job Opportunities: MBA in Ireland is career oriented. The universities function in a way to place their graduates in reputed positions in the industry. The minimum average salary of MBA graduates starts from 40,000 EUR, which increases based on your performance and position.

Overview of MBA in Ireland

An MBA in Ireland is internationally recognized and highly sought after by students from all over the world. MBA hopefuls are drawn to this diversified country by the quality of education, innovative classrooms, affordable fees, and low cost of living. Each course is designed to provide students with the most up-to-date information and instruction. There is a lot of leeway here, and you can pick the program that best fits your schedule.

• Types of Programs: Full-time MBA, Part-time MBA, Executive MBA Ireland
• Top Specializations: Finance, Marketing, Supply Chain Management, Accounting, Business Analytics
• Duration: 12-24 Months
• Cost per annum: 10,000 -36,000 EUR
• Top Universities: Dublin City University, Trinity College Dublin, Technological University Dublin

Eligibility Criteria for MBA in Ireland

The needs and requirements for admission depend upon the university you choose. Some requirements asked by most universities in Ireland are:

• A Bachelor’s Degree
• GMAT/GRE score
• Work Experience
• Language Requirements
• Passport and Visa

1. A Bachelor’s Degree

An undergraduate degree from a recognized institute is a must to apply for an MBA in Ireland.

2. GMAT/GRE score

The top business schools in Ireland have made a good GMAT score mandatory for candidates. The GMAT ranges from 520 to 600, depending on the type of MBA program and university. However, it is feasible to obtain an MBA in Ireland without taking the GMAT. You only need to look for universities that offer MBA programs without the GMAT.

3. Work Experience

Another compulsory requirement to pursue MBA in Ireland’s best universities is work experience. A minimum of 3 years of professional work experience in the relevant field is a must at the time of application.

4. Language Requirements

An English proficiency test is mandatory for all non-EU students to get admission in the universities of Ireland. Scores as per the tests are:

• IELTS – 6.5
• TOEFL (iBT) – 90
• DET – 120

5. Passport and Visa

A valid passport and visa are a must for all international students to opt for any basic course or executive MBA Ireland. Do keep in mind to apply for your visa at least 3 months prior to the expected date of travelling.

Documents Required for MBA in Ireland

Admission to MBA universities in Ireland requires a set of documents to be attached along with the application form. The most common requirements are:

• Transcripts of all educational qualifications
• Your CV
• LOR or Letter of Recommendation (2 in number)
• SOP or Statement of Purpose
• Scores of IELTS/TOEFL/DET
• Work experience certificate
• A write-up describing your intention behind pursuing MBA in any university in Ireland. Do include your specific area of interest and any prior achievement you have.

Admission Process for MBA in Ireland

A step-by-step guide to apply for MBA in Ireland is as follows:

• Finalize the course that you want to pursue and check for the best university offering that course.
• Visit the official university website and collect all data relating to eligibility and the admission process.
• Upload scanned copies of all the required documents (transcripts, CV, IELTS/TOEFL, GMAT/GRE score cards)
• Fill out the desired application form and pay the fee.
• Go through an interview with the respective university directors. This is a great opportunity to display your soft skills and presence of mind.
• Once you receive the conditional offer letter after clearing your interview, you may book your seat at the particular university.
• Pay your deposit by agreeing to the terms and conditions of the university. The deposit is non-refundable.

MBA in Ireland Cost

The entire cost of an MBA in Ireland is determined by the type of university and lifestyle you pick. Tuition fees and living expenses are two additional things to consider. Let’s take a closer look at these two aspects of MBA fees in Ireland:

• Tuition Fees

Different universities have different structures for MBA fees in Ireland. The fee also depends upon the type of MBA courses in Ireland you choose – full-time or part-time. On average, the Ireland MBA fees range between 10,000 to 36,000 EUR on yearly basis.

• Cost of Living

The cost of living in Ireland is determined on your lifestyle and choices. International students are expected to pay between 7000 and 12,000 EUR per year. It covers all amenities such as accommodation, food, travel, stationery, recreational activities, and so on. In terms of accommodation, there are various well-furnished and secure student apartments in Ireland. All of the facilities are reasonably priced. There are several similar facilities in Ireland for overseas students to live on a regular budget.

Top 5 Universities for MBA in Ireland

The MBA programs in Ireland are offered by many top universities and business schools. All of them are globally accredited with a decent rank and are known for their enriching academic history. The top 5 universities for MBA in Ireland are:

• Trinity College Dublin
• University College Dublin
• Dublin City University
• National University of Ireland, Galway
• Technological University, Dublin

1. Trinity College Dublin

Trinity College Dublin is one of Ireland’s top MBA programs. TCD seeks to cultivate the values of ethical leadership, modern management, and sustainability through world-class faculty and facilities. Trinity MBA is also distinguished by its company projects, which include the Strategic Company Project, the Scaling Project, and the Social Enterprise Projects. Students are divided into groups and assigned to work in various companies to gain practical knowledge and competence.

• QS World Ranking 2023: 98
• Average Annual Fees: Full-time MBA – 36,500 EUR, Executive MBA – 18,250 EUR, Flexible Executive MBA – 17,900 EUR

2. University College Dublin

The MBA curriculum at University College Dublin is designed to accelerate your career by developing your leadership potential. With an international faculty and excellent infrastructure, UCD has an average of 65% international students for MBA and provides the opportunity to build your global network through international study trips, learning through global collaboration, and much more.

• QS World Ranking 2023; 181
• Average Annual Fees; Full-Time MBA – 35,000 EUR, Executive MBA – 17,500 EUR, Modular Executive MBA – 17,500 EUR

3. Dublin City University

The MBA program at Dublin City University focuses on students’ overall development. The first year of its Executive MBA program introduces you to the many disciplines and their potential importance to corporate leadership and organizational efficiency. The second year focuses on delivering an integrated business approach, particularly in the areas of sustainable growth and operational excellence.

• QS World Ranking 2023: 471
• Average Annual Fees: Executive MBA – 25,500 EUR

4. National University of Ireland, Galway

The MBA program at the National University of Ireland, Galway’s motto is “Developing globally talented leaders of vision with a regional edge.” Management, finance, marketing, operations, accounting, and business information systems are all covered in the program. For its remarkable achievement, the NUI, Ireland, has also received AMBA accreditation. It is a global symbol of excellence in MBA education.

• QS World Ranking 2023: 270
• Average Annual Fees: Executive MBA – 15,487 EUR

5. Technological University, Dublin

Technological University, Dublin is a popular MBA program in Ireland. The course covers the fundamentals of business and management. It also stresses subjects such as strategy and leadership, sustainability and global business, innovation and change, and so on. TUD’s faculty is extremely learned and accomplished in their respective professions. They make certain that the pupils are given current and relevant practical information.

• QS World Ranking 2023: 801 – 1000
• Average Annual Fees: Executive MBA – 10,500 EUR

Scholarships to Study MBA in Ireland

With the cost of living in Ireland ranging from EUR 8,779 to 12,547 per year and the cost of studying MBA in Ireland ranging from EUR 8,000 to 30,000 per year, managing finances might be difficult. But don’t worry! The scholarships for MBA studies in Ireland are listed here, along with their stipend levels.

Scholarship and Stipend Amount

• TU Dublin Centenary Scholarship Program: 50% of the tuition fee
• Achiever MBA Scholarship and UCD MBA Scholarship: Tuition fees for a particular academic year
• MBA Entrepreneurship Scholarship: Covers 50% of MBA tuition fee
• UCC Excellence Masters Scholarship: Amount equal to EU students fees. The rest needs to be paid by the student.
• University of Limerick India PG Scholarship: Merit-based, EUR 1,254 to 4,389

Now you know the scholarships for MBA in Ireland for international students. Completing an MBA opens up a lot of doors for students, so let us take a look at the career opportunities an MBA graduate can hope for in Ireland:

Career Opportunities after Completion of MBA in Ireland

MBA graduates in Ireland are highly sought after to occupy different roles across all kinds of organizations, both in Ireland and abroad.

They find employment opportunities in organizations like:

• Google
• Amazon
• Microsoft
• Bank of Ireland
• Facebook
• LinkedIn
• McKinsey & Company
• Deloitte

Some such popular jobs positions with their Ireland MBA salary:

Job Title and Average Annual Salary

• Investment banker: 42,000 EUR
• Data Analyst: 37,000 EUR
• Marketing Manager: 57,000 EUR
• Management Consultant: 50,000 EUR
• Market Research Analyst: 39,000 EUR

An MBA in Ireland is an exciting journey toward personal development and career advancement. All of Ireland’s leading institutions offer high-quality education, and highly qualified academics guide you to greater heights of success in business and management. So, go over the material presented above and be ready to enroll in the university of your choice.

FAQs

Is work experience compulsory to pursue MBA in Ireland?

• Work experience is a requirement that all top universities in Ireland ask for during the process of admission. The minimum amount of experience here is 3 years and the maximum of 5 years. However, the Dublin Business school is the only school that allows MBA in Ireland without work experience.

What is the demand for an MBA from Ireland?

• MBA graduates from the best universities of Ireland are in high demand all across the globe. They secure high-paid jobs in companies like Google, PwC, Amazon, Facebook, Kellogg’s, McKinsey, etc.

Are interviews a part of the admission process for MBA in Ireland?

• Yes, you must qualify for the interview session after being shortlisted, based on your previous academic scores. The interview is a great opportunity to learn more about the course and discuss your doubts.

What types of permits can one apply for after pursuing an MBA in Ireland?

A student can apply for the following permits after MBA in Ireland:
1) Residence Permit
2) General Employment Permit
3) Critical Skills Employment Permit