MBA in Ireland: Top Universities/Colleges, Admissions, Fees, Scholarships, Jobs

MBA in Ireland is a 1-2 year degree offered at a handful of colleges in the country. Another popular form of MBA within Ireland is executive MBA designed for professionals with prior work experience. For an international student, MBA in Ireland may cost around 10,000 - 36,000 EUR (8.48 lakhs - 30.34 lakhs INR) for the full duration of the course. Gaining popularity as a European nation of employability rate 96%, Ireland B-schools are offering a cheaper yet equally competent alternative to their European counterparts.

Business Schools in Ireland may not have as many famous names as the US, Canada, or UK, but names like the UCD’s Michael Smurfit Business School feature among the top hundred B-schools for full-time MBA in the prestigious ranking of Financial Times and The Economist. Additionally, Trinity College, Dublin City University are also formidable competitors in the global scene that offer both MBA and EMBA to international applicants. Also MBA graduates in Ireland are among the top-paid alumni and graduates with average annual salary around 53,000 EUR (44.77 lakhs INR) per annum.
Check out: LOR for MBA!

Highlights

Top MBA Colleges in Ireland

Mentioned below are some of the best MBA in Ireland universities and colleges with program they offer, admission deadlines and total program fees.:

* 1 EUR= 82.39 INR as on 24 November, 2022

Why study MBA in Ireland?

• Fees to pursue an MBA in Ireland are comparatively lower as compared to MBA in UK or USA.
• As per the recent European study, students having an MBA in Ireland observes a 50-60% of salary hike in their annual pay.
• Considered Europe’s most attractive business location, Ireland is home to the European headquarters of various global giants such as Apple, Google, Facebook, Airbnb, Linked In, etc. providing job opportunities to MBA graduates.
• As per the recent records, top Irish universities claim that the majority of the students get placed within 6 months of graduating. For example, the average placement record of UCD’s Michael Smurfit Business School is about 88% within three months of graduating.
• MBA in Ireland is offered to students in English and is recognized worldwide.
• Ireland procures two years of stay back for the international students after completion of their degree. This helps students to find job opportunities in Ireland on a valid permit.
• Investment by the Irish government in higher studies in Ireland has increased by 10% from the last decade providing a world-class education to students.
• According to Worldatlas.com, Ireland stands 18th out of the top 25 most entrepreneurial countries.

MBA in Ireland Admissions

The application process at universities in Ireland can be completed online. International students are encouraged to keep a track of the timeline and apply as early as possible. Below is the basic eligibility criteria and admission requirements for pursuingh an MBA in Ireland.

Basic Admision Requirements:

• bachelor’s degree equivalent to an Irish university's primary degree level. Usually, a degree at Irish NQF level 8
• English language proficiency
  • IELTS: 6.5 - 7.0
  • TOEFL: 90
• GMAT score between 550 - 600
• 3 to 5 years of work experience
• Interview

Also Check: Exams to Study in Ireland for International Students

Documents Required

To apply for MBA admissions, international students are required to submit the following documents:

• Completed admission application form
• Academic transcripts from all educational institutions attended with their English translations
• Proof of English language proficiency- IELTS, TOEFL
• Score report of GMAT or GRE Test
• Letters of Recommendation
• CV or Resume
• Copy of Passport
• Payment of non-refundable application fee

International studente from India seeking an MBA degree in Ireland require a second class honors degree equivalent (grade two or grade one). This is equivalent to a 3-4 year bachelor (hons) degree in arts, commerce, science or professional bachelor's degree, etc. from a recognized university or college.

Checkout: MBA without GMAT in Top Business Schools Abroad

The decision to grant an exam waiver is at the discretion of the MBA director usually after an interview. Also, there are certain universities in Ireland that do not require GMAT scores for admissions. Some of these include NUI Galway, Griffith College, etc.

Ireland Student Visa

International students applying for an MBA in Ireland require a visa to study and stay in the country. Non-EEA students require a D-type student visa to study in Ireland. The Ireland student visa requirements include:

• Medical insurance paper from any private medical insurance company.
• Recent passport size photos.
• Bank statements which prove that the student has enough money to sustain their living in Ireland.
• A proof that will reflect that the sponsors are able to spend a nominal amount of 5-6 lakhs INR per year for the student’s study.
• A good score in IELTS or TOEFL.
• Acceptance from a university in Ireland along with the proof of paid tuition fee.

The visa acceptance rate of Ireland is about 99%, which itself reflects the smooth procedure of getting admitted to an MBA in Ireland.

International non-EEA students applying for a student visa to Ireland might need to appear for a visa interview with the Embassy in respective home countries. On successfully completing the visa process, students can make their travel arrangements to Ireland.

MBA in Ireland Cost

This section elaborates on the expenditures of studying abroad that include the tuition fee and cost of studying that international student are required to pay while studying an MBA degree in Ireland.

MBA in Ireland Tuition Fees

The tuition fee at universities in Ireland offering MBA (full-time) ranges from 10,29,875 INR at Dublin Business School to 28,58,933 INR at Trinity College Dublin for the full program duration. There is more number of EMBA programs in Ireland as compared to a full-time MBA. The the tuition fee for MBA and Executive MBA (EMBA) in Ireland for Indian students are discussed below:

Cost of Living in Ireland

The average cost of living in Ireland is somewhere around 1,240 - 1880 EUR (1.04 lakhs - 1.58 lakhs INR) per year. These expenses include costs such as accommodation, meals, transport, books and supplies and other personal expenses. The table below shows some of the estimated monthly expenses while living in Ireland:

So, the overall expenditure of pursuing MBA in Ireland lands to an amount of around INR 15- 45 lakhs per year, depending upon the institute, course specialization and the lifestyle chosen by the students. This amount also varies when the students opt for internships and encourage themselves to earn while learning.

MBA in Ireland: Scholarships

Although studying MBA in Ireland is comparatively cheaper than other study abroad destinations, the costs can still be a matter of concern for some of the international students. To help them with this, there are a number of financial aid options such as scholarships, education loans, student employment, etc. Mentioned below are some of the popular scholarships for international students in Ireland for studying an MBA program:

Work-Study in Ireland

Students who pursue a full-time course in Ireland do not require a work permit after a year’s duration. They can easily find some part-time jobs with minimum pay of about 10.50 EUR (886.50 INR) per hour. Other ways by which students can self-finance themselves are:

• Internship programs: Students can look for internship options while pursuing an MBA in Ireland. They may be offered a stipend for their work, which can help with the living expenses in Ireland.
• Post-study pathway: Students are allowed to remain in Ireland after completion of their examinations under the Irish Third Level Graduate Scheme. So, they can easily look for jobs. During this period, students can work full-time for 40 hours a week.

MBA in Ireland: Scope and Job Opportunities

Students with MBA degrees have a lot of career prospects in different sectors.

• Ireland itself is home to many tech giants such as Amazon, Google, Facebook, etc., who have a high demand for MBA students.
• MBA students can start their businesses as well, as the entrepreneurial culture of Ireland is very vibrant.
• Non- EEA students can also get a work visa for about 2 years after completion of their course.
• MBA graduates in Ireland can expect a salary of about 53,000 EUR (44.77 lakhs INR) per annum with jobs in Ireland.

Shown below are some of the job opportunities after an MBA in Ireland along with their average yearly salary.

Work Permit in Ireland

After completion of the study, Indian students get some vibrant options to choose, while looking for a work permit:

1. Residence Permit: After completing your studies you can apply for a resident permit in Ireland for the next few years, which will land you in getting a work permit of 2 years.
2. General Employment Permit: It is a renewable grant that permits you to proceed with your professional practice for a span of two years.
3. Critical Skills Employment Permit: With a legitimacy of two years, you would require a Stamp 4 on it once it terminates after the validity. Stamp 4 grant gives you the chance to remain and work in Ireland without agonizing over restoring it every other year.

ROI for MBA in Ireland

International students willing to secure admission abroad, look forward to Return on Investment. The average salary offered to students after securing an MBA degree from a particular college is tabulated below.

MBA in Ireland: Comparison by University

Comparing top universities in Ireland for MBA program based on duration and basic admission criteria:

MBA is a globally perceived degree intended to build up the abilities required for vocations in business and management. When it comes to the universities in Ireland, they are found to be among the top research-based education hubs. Thus, more students are attracted to pursuing an MBA in Ireland.

FAQs

Ques. I haven’t completed my academic degree. Can I still apply for an MBA in Ireland?

Ques. What is the average age group of the students applying for an MBA in Ireland?

Ques. What are the eligibility requirements for an MBA in Ireland?

Ques. What is the overall cost of studying an MBA in Ireland?

Ques. What are some of the top MBA colleges in Ireland?

Ques. What is the scope after studying an MBA in Ireland?