Masters in Finance in Ireland is a 1-2 year full-time course offered to all domestic and international students. Masters in Finance in Ireland is a choice undertaken by many students aspiring for a future in Finance. The top universities include Trinity College of Dublin ( ranking 98 in QS ranking) and University College Dublin (ranking 181 in QS ranking). The minimum admission requirement for Masters in Finance in Ireland is to hold a minimum 2.2 level honours degree (3-4 year Bachelor’s degree) in Finance or other related disciplines or equivalent, an IELTS score of 6.5 or above or an equivalent TOEFL score of 96+.

The total average tuition fee for top universities in Ireland for studying Masters in Finance ranges from EUR 13,000- EUR 25,000 (11-22 Lakh INR). After graduation, graduates are offered various jobs like Financial manager, Portfolio manager, Financial analyst at top companies like KPMG, Goldman Sachs, P. Morgan, Bank of Ireland and earns an annual average salary ranging from 35,000 EUR- 60,000 EUR (31-53 Lakh INR).

Masters in finance in Ireland: Course Highlights

Program MSc in Finance
Program Type Full-time | Part-time
Program Duration 1-2 years
Eligibility Criteria Minimum 2.2 level honours degree in Finance or other related disciplines.
GPA 50%
English Proficiency Requirements TOEFL: 96+ | IELTS: 6.5 or above
Tuition Fee Range 13,000 EUR- 25,000 EUR (11-22 Lakh INR)
Average Salary 35,000 EUR- 60,000 EUR (31-53 Lakh INR).
Top Employers KPMG, Goldman Sachs, P. Morgan, Bank of Ireland

Masters in Finance in Ireland: Top Universities

There are 7 top universities offering MS in Finance in Ireland, the following table shows their application deadline and the total tuition fees an international student will have to incur:

University Program Deadlines Total Tuition Fees (EUR)
Trinity College Dublin MSc in Finance Rolling admission 24,600
University College Dublin MSc in Finance Rolling admission 26,140
National College of Ireland MSc in Finance 21 July 2023 15,000
Maynooth University MSc in Finance 30 June 2023 15,000
University of Limerick MSc in Financial Services Rolling admissions 18,720
Dublin City University MSc in Finance 1 July 2023 17,000
Technology University of Dublin MSc in Finance 30 June 2023 13,500

Why study Masters in Finance in Ireland?

Studying Masters in Finance in Ireland is a great choice for an aspirant. It provides several advantages required to excel in a career in finance-related areas. The following are the main pros of studying Masters in Finance in Ireland:

  • There are a wide variety of options of top colleges to choose from like the Trinity College of Dublin ( ranking 98 in QS ranking) and University College Dublin (ranking 181 in QS ranking).
  • Being the Financial center of Ireland, colleges in Dublin offer more exposure to the students to live Financial fluctuations and stock exchanges
  • The university trains students and offers the required skills for excelling in careers like risk management, financial services, investment analysis and international finances.
  • Graduates are offered High paying job roles in companies like Golden Sachs, KPMG, P. Morgan, Bank of Ireland, etc.
  • The average salary of graduates in Ireland after an MSc in Finance is EUR 43,838 ( INR 3,930,15)
  • Students are offered a heavy scholarship, up to 50% of the total tuition fee.

Explore: Application process for universities in Ireland

Masters in Finance in Ireland: Specializations and Syllabus

Masters in Finance in Ireland is offered as a 1 -2 year course. It often includes up to 90 credits. The course is offered as a Master of Science in finance and some universities offer specializations in the same. Along with the main course subject, the students will also be exposed to computer skills, mathematics and statistics in the course study.

The core subjects included are:

  • Sustainable finance
  • Ergonometrics
  • Corporate finance
  • Investment theory
  • Financial analysis
  • Financial theory
  • Portfolio and risk management
  • Asset valuation
  • Corporate finance
  • Applied security analysis

The elective subjects included in the course are

  • Business ethics
  • Private Equity
  • Derivatives
  • International Finance
  • Financial regulation

Masters in Finance in Ireland: Admissions

Admission to MS in Finance in Ireland in various universities is based on the application submitted online. The applicants have to meet the minimum academic requirements and submit all the relevant documents. International applicants also have to meet the English language requirements such as IELTS, TOEFL or PTE score. The following section discusses the admission requirements for MS in Finance in Ireland in the top universities.

Masters in Finance in Ireland: Eligibility Criteria

Even though every university has their own admission requirements, there are some common requirements which match for all the top universities to be eligible for a Masters in Finance in Ireland. Following are some of the common admission requirements for Masters in Finance in Ireland:

  • Academic Degree- A2.2 level Honors degree or equivalent
  • Minimum GPA- A minimum of average 50% grade
  • English Proficiency Test Score- TOEFL: 96+, IELTS: 6.5 or above
  • Statement of Purpose (SOP)- A 1-2 page SOP showing your interest in the course and your future plans.
  • Letters of Recommendation (LOR)- 2 LORs are required

Explore: Tests required to study in Ireland

Masters in Finance in Ireland: Admission Requirement

7 different universities of top world ranking offer Masters in Finance in Ireland. The academic requirements might vary slightly between the universities. These are listed in the table, with the universities in the order of their ranking.

University Academic Requirement TOEFL Score IELTS Score Additional Documents
Trinity College Dublin A 2.1 honours degree or equivalent 88 6.5 Academic transcripts 2 Academic referees Work experience (optional)
University College Dublin An honours bachelor with a 2.1 award at NFQ Level 8 degree in: Business/Commerce, or Engineering, Mathematics, Physics or a Finance-related-area 100 7.0 Academic transcripts CV 2 Letters of recommendation Any other relevant documentation
National College of Ireland A 2.2 level 8 honours degree in finance 60 6.0 Academic transcripts, LOR, CV
Maynooth University A 2.2 single honours (level 8) degree in economics, finance, business, maths or other quantitative discipline or equivalent 79 6.5 Academic transcripts 2 Letters of recommendation Statement of purpose Passport
University of Limerick Level 8 Second class Honors degree 90 6.5 Academic transcripts Copy of birth certificate/ passport
Dublin City University 2.1 Honours degree in a Business discipline or related subjects or equivalent 92 6.5 Academic transcripts Proof of professional qualification/work proof CV Personal Statement 2 Letters of recommendation (1 academic reference + 1 professional reference)
Technology University of Dublin A 2.2 Honors degree with a major in Finance 80 6.5 Academic transcripts and translation Passport Grading Scale Degree / Date of Completion Resume Statement of Purpose

Masters in Finance in Ireland: Cost of study

Ireland is one of the most expensive countries to live in, ranking 22 in the world. Therefore, in order to ensure a smooth journey ahead, it is highly recommended that students are aware of all associated costs and prepare a budget in advance. The cost of study includes the tuition fees and cost of living. The average tuition fee is EUR 54,280 ( INR 4,866,299). The cost of living might come to around a total of EUR 8,828 ( INR 792,704).

Masters in Finance in Ireland: Tuition Fees

The tuition fee for a Masters in Finance in the universities of Ireland ranges from EUR 13,000 - EUR 25,000 (11-22 Lakh INR). The average fee for studying is EUR 54,280 (48.66 Lakh INR).

Masters in Finance in Ireland: Tuition Fees

University Total Tuition Fees (EUR) Fee for Indian Students (INR)
Trinity College of Dublin 24,600 22.07 Lakh
University College Dublin 26,140 23.46 Lakh
National College of Ireland 15,000 13.46 Lakh
Maynooth University 15,000 13.46 Lakh
University of Limerick 18,720 16.80 Lakh
Dublin City University 17,000 15.25 Lakh
Technology University of Dublin 13,500 12.11 Lakh

Explore: Post degree options in Ireland

Cost of Living in Ireland

This includes different expenses to be suffered by the students. The monthly average cost of living in Ireland is 1,873 EUR (1.67 lakh INR). The following table shows the breakdown of expenses that may occur while studying in Ireland:

Expense Type Average Monthly Expense (EUR) Cost for Indian Students (INR)
Accommodation 1,289 1.14 Lakh
Meals 350 31,200
Transportation 104 9,200
Health Insurance 50 4,400
Personal Expenses 80 7,100
Total 1,873 1.67 Lakh

Cost of Living in Ireland

Masters in Finance in Ireland: Scholarships

Studying in a country like Ireland can become heavy on the pocket for international students. To lighten this burden a lot of government and private bodies provide scholarships for international students in Ireland with different eligibility criterias and award values. These are provided by universities like the Trinity College of Dublin and University College Dublin. Government scholarships are also available.

Scholarship Awarded by (private/government/university) Eligibility Award Value
Trinity Business School Scholarships Trinity College of Dublin Students with excellent academic performance EUR 10,000
Indian Academic Excellence Scholarships University College Dublin Students from India with an exceptional academic record 40% -50%of tuition fees
MSc Merit-Based Scholarships for UCD Final Year Students University College Dublin Students with exceptional academic records EUR5,000
MSc Academic Excellence Scholarship University College Dublin MSc Students with excellent academic records 25% -50%of tuition fees
Academic Merits Scholarship National College of Ireland International students enrolled in Masters program in September and January EUR2,000- EUR4000
First-Class Honours Scholarship for Non-NCI Undergraduates National College of Ireland Non -NCI Students who apply for Masters with first-class honours in level 8 degree 50% tuition fee
Future Leaders Scholarship National College of Ireland International students enrolled in the September course 50% of the tuition fee
Government of Ireland Postgraduate Scholarship Program Government of Ireland Exceptional Students with potential as future researchers EUR18,500

Explore: Irish Student Visa

Masters in Finance in Ireland: Job Opportunities

Graduates of Masters in Finance in Ireland are offered several job roles such as Financial Analyst, Financial Manager, Accountant among other job positions. The average salary ranges from 35,000 EUR- 60,000 EUR (31-53 Lakh INR).

Masters in Finance in Ireland: Job Opportunities

Profession Average Salary (EUR) Salary for Indian Student (INR)
Financial Analyst 39,228 35.22 Lakh
Finance Manager 57,280 51.43 Lakh
Accountant 40,029 33.93 Lakh
Financial Consultant 43,969 39.48 Lakh
Portfolio Manager 47,500 42.65 Lakh
Treasury Analyst 35,024 31.45 Lakh

Explore: Jobs in Ireland for International Students

Masters in finance in Ireland: Return on Investment

Most of the universities offer Masters in Finance in Ireland with minimal fees. The average graduate salary and tuition fee comparison is given in the following table.

Masters in finance in Ireland: Return on Investment

University Total Tuition Fees (EUR) Average Graduate Salary Per Year (EUR)
Trinity College of Dublin 24,600 77,000
University College Dublin 26,140 72,000
National College of Ireland 15,000 44,000
Maynooth University 15,000 74,000
University of Limerick 18,720 53,000
Dublin City University 17,000 71,000
Technology University of Dublin 13,500 53,000

Explore: Cost of Living in Ireland as International Students

Masters in Finance in Ireland: Degree Comparison

The following table shows a basic difference between Masters in Finance in Ireland and Masters in Finance in USA on the bases of cost of living, average tuition fees, visa requirements among other parameters:

Parameter Degree in USA Degree in Ireland
Duration 1-2 years 1-2 years
Average tuition fees 90,110 USD (73.98 Lakh INR) 13,000 EUR- 25,000 EUR (11-22 Lakh INR)
Cost of living 1,800 USD (1.48 Lakh INR) 1,873 EUR (1.67 lakh INR)
Visa F1 Visa Study visa
Average Salary 129,000 USD (105 Lakh INR) 35,000 EUR- 60,000 EUR (31-53 Lakh INR)
English language proficiency tests TOEFL: 90+ TOEFL: 96+ IELTS: 6.5 or above

The one year full-time and two-year part-time MS in Finance program consist of core modules covering many aspects of financial management and capital markets. Each university offering this program have their own striking features and help students begin a career in financial markets and institutions, especially in investment banking and asset management. Opportunities are available in the risk management field and finance functions of corporations as well as regulatory bodies too.
Explore
: Post-Study Work Visa in Ireland

FAQs

Ques. Is Ireland good for Masters in finance?

Ans. Ireland offers exceptional opportunities for interested students in Masters in Finance. Top world-ranking universities offer the course to provide the required skillet to students. The average salary on graduation is EUR 43,838 ( INR 3,930,155).

Ques.How much do you earn with a Masters in finance in Ireland?

Ans.On average, a graduate of Masters in finance is offered EUR 43,838 ( INR 3,930,155). This can increase with increased experience. Jobs and salaries are also expected to rise for Finance graduates in the coming years.

Ques.Is the GRE compulsory for Masters in Finance in Ireland?

Ans.Universities offering Masters in Finance in Ireland do not ask for GRE scores on the application. However, on evaluating the application, the universities might ask some applicants to submit the same to complement their application.

Ques.What are the requirements for studying MS in Finance in Ireland?

Ans.The applicants are required to submit the following documents for applying to MS in Finance in Ireland:

  • Academic transcripts
  • work proof
  • CV
  • Personal Statement
  • 2 Letters of recommendation

Ques.What is the tuition cost of studying for a Masters in finance in Ireland?

Ans.The average tuition fee for Masters in Finance in Ireland is 13,000 EUR- 25,000 EUR (11-22 Lakh INR). The cost of living in Ireland is 1,873 EUR (1.67 lakh INR)