Ireland not only impresses with its trendy cities and scenic beauty. In the 1950s, the small island nation was still decried as the “poor house of Europe”. In the meantime, he can boast an efficient, dynamic economy.
Ireland is now an attractive business location. This is due, for example, to the well-educated English-speaking workers, the rapidly growing economy and business-friendly policies. Ireland therefore offers an ideal study environment for an MBA (Master of Business Administration).
Benefits of an MBA in Ireland
The Irish education system is considered to be one of the most efficient and effective in Europe. To learn more about the country of Ireland and continent of Europe, please follow fashionissupreme. Almost 40 percent of the Irish between the ages of 25 and 64 had a university education in 2012. Universities in Ireland are known for high quality study programs. An MBA in Ireland is worthwhile in many ways:
- Shorter study time (one year full-time study)
- Teachers with years of experience in business
- Study in an English-speaking country
- International flair at Irish universities
- Dublin as the EU headquarters of leading US companies
- High practical relevance
- Small course sizes
The MBA in Ireland
Like many other full-time MBAs in Europe, an MBA in Ireland (Full-Time MBA) leads to a Master of Business Administration degree after just one year. In addition, some universities offer extra-occupational part-time programs with a duration of up to two years.
Study objectives and structure
The aim of the MBA program is to provide students with the skills they need to successfully manage and run a company. Many Irish universities are committed to giving students the greatest possible freedom of choice. They often offer not only a classic MBA (General MBA) to choose from, but also several courses of study with a specific focus. For example, it is possible to complete an MBA in finance, marketing, information systems or project management.
The timetable in the full-time MBA programs is usually tightly organized. The high learning volume prepares the participants for the demands of the professional world. At the same time, the short timeframe of the MBA programs means that tuition fees are comparatively low – another argument for studying an MBA in Ireland.
Requirements for an MBA in Ireland
The barriers to entry to the MBA vary greatly from one university to another in Ireland. Universities often require an honors degree in an economics or related subject. This is roughly equivalent to a good to very good Bachelor degree.
Alternatively, there is some option to obtain a Higher Diploma or other postgraduate degree in Ireland within a year. They also entitle you to take up an MBA degree. Applicants from non-subject areas sometimes have to be prepared for an interview at the university. Prospective students should inform themselves about the exact requirements at the respective university.
Work experience and GMAT
In addition, many Irish universities require applicants for an MBA to have practical management experience. In some cases, several years of professional experience are recognized instead of a bachelor’s degree. At some universities, good results in the Graduate Management Admission Test (GMAT) are also required. This applies in particular to applicants without an honors degree.
MBA Ireland: Not without a good command of English
Regardless of the university and the exact study profile: Good English skills are required for an MBA degree in Ireland. Normally, students have the opportunity to prove this in a standardized language test such as the IELTS or TOEFL.
Costs and funding channels
The cost of an MBA in Ireland is moderate compared to other countries. International students pay between approximately EUR 7,900 and EUR 30,000 for a one-year full course. In addition, there are the cost of living, which averages around € 650 to € 1000 per month.
There are various ways in which the financial outlay can be at least partially offset:
- Foreign BAföG: grants for tuition fees and living costs; partly also for students who are not eligible for funding in Germany
- Scholarships from the DAAD or from private, party-affiliated or church foundations
- Irish Universities Scholarships
- Education and student loans such as the MBA education fund of Brain Capital GmbH
Also a professional activity in Ireland can help relieve your wallet. Students from Germany do not need a work permit to work on the “Green Island”. One possibility is to take part in an extra-occupational two-year study program and gain international work experience while studying.
All about entering Ireland
A visa is not required to enter Ireland. Students from the EU only need a valid identity card or passport. After three months, in order to pursue an MBA in Ireland, a Residence Permit must be applied for from the local Police Office or the Department of Justice.
The German statutory health insurance is valid within the EU due to the social security agreement. It is generally advisable to clarify whether the insurance cover is sufficient for studying in Ireland. Privately insured people usually need additional private health insurance abroad.
