MBA in Ireland

Below mentioned are the ‘MBA (Master of Business Administration) subjects -

There are a wide variety of management programmes in Ireland. Postgraduate, MPhil and MBA programs in management are of the duration of 1 or 2 years such as MBA in different disciplines like marketing, HR, or MBA in Information Technology or M.Sc. in Business Analytics, M.Sc. in management, M.Sc. in management consultancy etc.

• A candidate who has completed his 10+2 in any stream from a recognized university or board is eligible to take admission to an undergraduate program in Ireland.
• A graduate candidate is required to have a minimum of 3 or 5 years of work experience which is a mandatory requirement for pursuing an MBA in Ireland.
• The degree should be from a recognized university. If the candidate is having no degree or qualification then he/she should have a substantial track of business achievements.
• The candidate needs to qualify the Graduate Management Admissions Test (GMAT) with a minimum score of 550 which is an acceptable score required by many of the top universities.
• Along with GMAT, universities also require the English language proficiency test that is either TOEFL or IELTS. Candidates who have done their formal education in English medium may be exempted from this test.

Following are some of the top universities in Ireland for MBA

• University College Dublin (UCD) - UCD became an autonomous university in 1997 and students started getting degrees of the national university of Ireland. It was originally known as the Catholic University of Ireland and then Royal University. In 1908, it was named as University College Dublin. The university has around 21,605 students of which 5,704 are international students.
• Trinity College, Dublin - It is the best college for management abroad for Indian students. It is located at the Dublin’s city center. It has been ranked 117th in the world’s top universities list. This college provides an ‘Executive MBA’ course for students. Executive MBA is such a programme which is usually designed for senior level managers who want to move to the next step of directorship or boardroom level.
• Griffith College, Ireland - It has been established in 1974. The college has its campuses in Dublin, Cork, and Limerick. Its undergraduate and postgraduate degree programs are internationally recognized.
• Dublin Business School - It was established in 1975 and it was previously known as Accountancy and business college. Today, due to its great success, the ‘Dublin Business School’ has expanded and provided full and part-time courses in accounting, marketing, and banking.
• Dundalk Institute of technology - This institute has been established in 1971. It has state of the art campus. Tuition fees at the Dundalk institute of technology are very low. It provides high quality of teaching and innovative research programmes and thus it is amongst the leading institutes of technology in Ireland. It provides best MBA courses in Ireland.
• Athlone institute of technology - Athlone institute of technology has been established in 1970 and it has been named ‘Institute of Technology of the year 2018’. There are around 6000 students studying at the institute of which almost 600-700 students are from different nationalities and hence, there is a multicultural environment at the college campus. It is one of the best MBA colleges in Ireland.
• IBAT college Dublin - The Institute of Business and Technology (IBAT) college was established in 2004 in the heart of the city centre. It has state of the art campus. Courses at the IBAT college are designed in such a way that they fulfill the needs of Irish and International students. It also provides flexible study options to students. The syllabus of the IBAT college is also up to date. The IBAT college provides best MBA programs.
• University College Cork - It was established in 1845. It is Ireland’s leading research institute. This university has got the international Green flag for environmental friendliness and this is the first such university in the world. There are around 19,000 students studying at the campus of the university, out of which 3000 students are international who are from 100 different countries across the world. Hence, students can experience a cosmopolitan and friendly environment at the campus of the university.
• Irish management institute (IMI) - IMI is always focused and takes constant efforts on improving the practice of management. Irish management institute provides executive education and management development programmes. The skills and needs of managers and leaders are addressed at every stage of their career by these development programmes.
• University of Limerick - Kemmy Business School - The university was established in 1972 and the University of Limerick was started in 1989. There are around 12000 students in the university and it is a publicly funded institution. Out of 12000 students, around 2000 students are international students.

• MBA in Finance - It is one of the highly opted forms of MBA specialization out of all the specializations as skilled people who are expert in finance are always required in the banking sector, Mutual Funds Industry, Stock Exchange, Insurance Industry, Financial Consulting etc. MBA degree in finance teaches subjects like International finance, Capital management, Costing, Budgeting etc.
• MBA in Marketing - By studying this, students can understand market behavior, consumer behavior, aspects of advertising etc. Students can learn skills in developing business plans, how to safeguard the business from potential threats, identifying the strengths and weaknesses of a business to leverage the opportunities etc.
• MBA in Human Resource Management - In this, students learn about HR functions such as mergers and acquisitions, workforce diversity management, managing demand and supply of labor markets in international leadership and emerging economies. When students study MBA in HR, they get to know one of the most valuable assets of an organization, is, ‘an Employee’.
• MBA in International Business - In-depth understanding of the organizational capabilities is required for international operations. This course provides this understanding. It imparts skills such as finance, international marketing etc. Some crucial functions which one will serve after getting a degree in international business are International Finance, International Marketing, Export and Import Management and Foreign Exchange Management.
• MBA in Operation Management - It helps students in dealing with shop floor management related functions or Production management. Students learn to develop vendor and inter-departmental relationships and also to maintain process flows.
• MBA in Information Technology - In designing and implementing hardware and software solutions to solve business problems, there is an important role of IT graduates. To develop and educate managers who can effectively manage the planning, selection, design, implementation, administration and usage of converging and emerging information and communication technologies this course has been designed. MBA in IT can be pursued by graduates in any stream.
• MBA in Supply Chain Management - A unique and exciting opportunity in the field of business management is ‘MBA in Supply Chain Management’. Inventory management, warehousing and transportation of various materials required by the client or a company is covered under this course. It can be pursued by graduates in any stream.
• MBA in Health Care Management - The core business skills and practices related to healthcare industry are covered under ‘MBA in Healthcare management’. Anyone with a graduate degree can pursue MBA in Health Care Management. This course focuses on the hospital and how the administrative stuff works out in a hospital.

Students get following job positions at the reputed companies after pursuing MBA in Ireland.

• There is a vast variety in management programs in Ireland. And hence, the MBA syllabus varies for each different college and university according to the course which students have chosen.
• Some of the subjects of management courses are Financial management, Marketing management, Operations management, Entrepreneurship, Strategic management, Human Resource management, The Psychology of management, Research methods and many other such subjects can be a part of a management course.

• There are 35 institutions and universities in Ireland which offer around 626 courses in Business and management. So, students have a wide variety of choices.
• World’s leading global MNCs like Apple, IBM, Facebook, Linkedin, Twitter, Google, HP etc. have their head offices in Ireland and hence there are lot of good career opportunities for students studying Business and management.
• American and other students from foreign countries prefer doing management courses in Ireland and other European countries due to low fees as compared to their home countries.
• Ireland’s friendly environment and education in Ireland is loved by the students from other countries and thus they prefer studying MBA in Ireland. They also get an opportunity to work there after completing management courses.
• Ireland’s institutes offer MBA programs which are of only 1 year duration compared to 2 years programs from other countries, thus it saves time and money of students.
• Students can gain amazing experience and skills while working on live projects in some of the renowned companies which are part of their MBA curriculum.
• Students meet other students and faculties who are from different nationalities and having different business backgrounds and thus they can get a truly world class experience.
• MBA in Ireland for Indian students provides them a lifetime experience and a huge ocean of career opportunities for them.

There are various opportunities for students who study MBA in Ireland. Education in Ireland is valued everywhere across the world. MBA professionals have high demand in various sectors.

• Ireland is a home to many tech leaders such as Amazon, Facebook, Google, Apple, eBay etc. as Ireland provides technological capabilities and business friendly regulations. A new generation of entrepreneurs has been taken place with the growth of tech companies in Ireland.
• Students can also start their own company after doing an MBA in Ireland, as the start up culture in Ireland is very vibrant. There are lots of opportunities for students to start their own company.
• Students who study MBA program in Ireland, can get a work visa using which they can stay and work in the country for up to 2 years.
• There are good career options for MBA graduates in Ireland in sectors like management consulting, technology, digital media and life sciences etc.

There are wide variety of sources through which international students can get hundreds of scholarships. These sources are Government of Ireland, the Irish higher education institution and other organizations. The individual organizations that set their own criteria for eligibility, award these scholarships solely to the students.

• MBA graduates who are freshers can earn a salary of 43000 euros, that is around Rs.36.12 Lakhs/annum in Ireland.
• With experience, students can earn up to 87000 euros (Rs.73.08 Lakhs/annum) per annum.
• Thus, the average salary in Ireland for MBA related jobs is 61914 euros per year or 32 euros per hour.

By reading books, students can consume a lot of research in a relatively short amount of time and they can also improve their skills.

• The Lean Startup by Eric Ries
• Good to Great by Jim Collins
• Ben Horowitz’s “The hard thing about hard things”
• What colour is your Parachute? By Richard N. Bolles
• Why popcorn costs so much at the movies? By Richard B. Mckenzie
• Outliers: The story of success by Malcolm Gladwell

• Ireland consists of many Indians residing there currently. There are about 1,00,000 Indians in Ireland. Galway, Athlone, Dublin, Cork, Limerick are the cities where most of the Indians are residing.
• From student’s safety point of view, Ireland is a good place. Travelling in Ireland is not dangerous for anyone including students.
• The danger is only of pickpockets who can snatch your wallet or bag within fraction of seconds. The risk of pickpockets is not only in the Ireland but it can be anywhere in the world. The country is safe for Indian people including Indian students other than the danger of pickpockets.

As we have seen, there are different types of management courses at various management colleges in Ireland. Thus, the fees for these management courses also vary depending upon the college or the university and the course which students choose.

The cost for full time MBA in Ireland (Business Management) courses at the University college Dublin and at the Trinity college Dublin are in the range of 34,000 Euros, that is around Rs.27,20,000. At Griffith college, the fees for MBA in international business are 14,000 Euros that is around Rs.11,20,000.

MBA - General, MBA in Cloud computing, MBA in Finance, MBA in Human Resource management, MBA in Information systems, MBA in Marketing, MBA in Project management are different MBA courses available at Dublin Business School and the fees for these courses are also less which are 11,500 Euros, that is around Rs.11,20,000 per year and these are only one year courses.

There are some colleges in Ireland where MBA can be done in between 7 to 10 lakhs per year. These colleges and the courses are as follows

• To study in Ireland, students should fit in the given eligibility criteria for education plus any student whose first language is not English need to prove his/her proficiency in English language by giving exams like IELTS or TOEFL. Students must score above 6.0 in IELTS.
• Entry and application requirements for Ireland’s management courses are different for each university in Ireland. Students also need to clear Graduate Management Admissions Test (GMAT) with a minimum acceptable score of 550 which is required by the top universities.
• For MBA admission in Ireland, students need to submit personal essay, SOP (Statement of Purpose) and an essay on goals in student’s life, at the time of admission along with the resume and other necessary documents.

While studying in Ireland each student needs an additional cost of Rs. 5 to 6 lakhs per year in addition to the course fees as the living cost in Ireland. Thus, before applying to a study visa students or their parents need to show at least 5 to 6 lakhs rupees in their bank account.

This amount is the cost of living for an international student only for one year and thus, your parents or you should be able to prove that you will be able to manage this cost every year. Thus, the cost of studying MBA in Ireland for international students goes up to Rs.15-30 lakhs/year depending upon the mba college where student would get the admission.

Given below is a list of some of the top recruiter companies in Ireland for students who study MBA in Ireland

• ‘Dublin’ is the capital of Ireland. This island is world’s 20th largest island.
• Ireland is located in the Northwest Europe and it is the most beautiful green country. The Irish sea separates the Great Britain and Ireland, Ireland which is nothing but an island.
• The island Ireland’s climate is influenced mostly by the Atlantic ocean. Thus, like the other countries at the similar latitude, Ireland does not have the extreme temperatures.
• The island of Ireland consists of a vast hilly area with number of plains and rivers too.
• ‘Euro’ is the currency of Ireland. Ireland promotes gender equality.
• The primary religion followed in the country is Christianity, as there is not any official religion in the country. English and Irish both are the country’s official languages. Many of the Irish families whose generations are living in Ireland from many years can understand and speak Irish.

• In Ireland, there are two types of accommodations available: Self-catering or rented accommodation and on-campus or university managed accommodation.
• In Self-catering or rented accommodation, students can rent the houses on a lease period of 9 or 12 months. The rent can be paid per month. Only a deposit amount which is equal to the one month’s rent should be paid to the owner, which will be returned by him when the students leave their houses.
• Many of the students always prefer on-campus or university managed accommodation, which is available in many colleges, but on campus accommodation can be expensive.
• There is also an option to live with a host family for the students. This option will provide students home comforts, as well as a family which can help them greatly to settle in a completely new country.
• In the on campus accommodation, students can get 2 options, catered or self catered. In the catered accommodation, students can get food from mess and it is at a fixed cost. Students have to pay charges of such types of accommodations in 2 installments. In self catered accommodation, students can cook their own food.

• The hills and the mountains gives protection to the island from strong winds coming off the ocean. The warm ocean currents help to keep temperatures in the Ireland mild.
• The island Ireland’s climate is influenced mostly by the Atlantic ocean. Thus, like the other countries at the similar latitude, Ireland does not have the extreme temperatures.
• The warmest months are July and August and there are about 18 hours of daylight during these months so it gets truly dark only after 11 pm at night. In winter season, the average temperature is 2°C to 7°C and in summers, the temperature is 17°C to 20°C. The coldest months are January and February.