- The European Quality Improvement System (EQUIS)
- The Association to Advance Collegiate Schools of Business (AACSB) accredits business schools in America
- The Association of MBAs (AMBA) in London accredits MBA programs in the UK.
- The cost of accommodation.
- The cost of food(eating out).
- The cost of transportation.
- The cost of groceries.
- The cost of entertainment
- Any other miscellaneous expenses
- Ireland Universities Application Deadlines 2022
- Ireland Visa For Study: All You Need to Know About It!
- Part-Time Work Options in the Ireland
- Cost of Living in the Ireland
- STEM Courses in Ireland: An Analysis
- What are the Educational Loan Options for MS in Ireland?
- Path to Permanent Residency in Ireland
Updated on: 04 Sep 2023
9 min read
Ireland is one of the most preferred countries by Indian students. You will easily adapt to the local conditions, and this will help you in getting started with your studies without any special effort. Irish universities offer a range of courses to international students, and it doesn’t matter which course or level of program you choose whether undergraduate, postgraduate or doctorate. There are plenty of vocational, short-term and mid-career programs available at Irish universities that will help you in accentuating your professional career growth. Irish universities offer one of the best MBA courses to international students which help them in propelling their job prospects post-completion of the course.
Ireland is one of the most preferred countries by Indian students. You will easily adapt to the local conditions, and this will help you in getting started with your studies without any special effort. Irish universities offer a range of courses to international students, and it doesn’t matter which course or level of program you choose whether undergraduate, postgraduate or doctorate. There are plenty of vocational, short-term and mid-career programs available at Irish universities that will help you in accentuating your professional career growth. Irish universities offer one of the best MBA courses to international students which help them in propelling their job prospects post-completion of the course.
Table of Content There is a complete range of educational institutions that have the world’s best MBA programs. Earlier, it used to be a big deal if you wanted to go to Ireland for an MBA. Now there is no dearth of lenders who are willing to give education loans to study MBA in Ireland. Now there are plenty of lenders both from the private and public sectors who give education loans for Ireland or for that matter most countries that are preferred by Indian students. Fill the form to get free expert help The cost of an MBA in Ireland depends on a lot of factors, and it differs from one student to another. However, the overall cost remains the same but there is some difference which one must take into consideration before moving ahead with the student loans for MBA in Irelands. One must consider the following factors for calculating the cost of doing an MBA in Ireland: The tuition fee is certainly a crucial part of the overall cost of education. The tuition fee varies from one university to another, and also varies for different courses. In this aspect, you are lucky if you are planning to do an MBA from Ireland. Unlike most international universities, the fees for MBA in Ireland is pretty affordable with the tuition fees varying from 8,500-33,000 Euros per month. This helps students in studying at an affordable cost without compromising on the qualitative aspect of the education which brings us to the next factor that affects the cost of education, the accreditation of the university. University Fees per annum in Euro Course Duration and Type UCD Michael Smurfit Graduate 35.000 One year Dundalk Institute of Technology 6500 Administration MBA, Three year IBAT College Dublin 9500 15 months Griffith College Dublin 14000 1 year University of Limerick 7.700 2 years National College of Ireland 7.500 2 years University College Cork 13.700 2 years Trinity Business School 21.100 1 year Waterford Institute Of Technology 10.000 1 year The total expense of studying also depends on the accreditation of the university wherein the student wishes to pursue higher education. The more number of accreditation usually implies a costlier fee structure. There are three accreditation bodies globally, and if a university has all three accreditation then the fees will be more comparative to other universities. However, the universities with accreditation from top universities also imply better opportunities post completion of the studies. The three main International accreditation bodies are: Items Cost in Euros Utilities EUR 20-40 Travel EUR 90-120 Accommodation EUR 450-1500 Books and Materials EUR 80-100 Miscellaneous EUR 100 Cellular Service EUR 30-40 Personal Care EUR 50 Food EUR 100-250 It is one of the crucial expenses which depends on the place where the university is located. If you are getting an equally good level of education at two different locations, the most prudent decision in this regard would be to go for the one where the cost of living is less. The cost of living usually includes the following expenses: These costs usually vary from one place to another, and we are providing a rough estimates. The cost of living also varies largely on personal preferences. Many students who don’t do outings tend to save more than those who spend on eating out and partying. So, if you want a considerable sum of money can be saved by just avoiding miscellaneous expenses. When it comes to saving money on the cost of education, nothing beats scholarships and grants. If you are planning to do an MBA from Ireland the best way to save money on tuition fees or for that matter even the cost of studying is to get a scholarship. The scholarships help students from humble backgrounds to study without having the need to worry about the finances. There are many scholarships available for students who wish to do an MBA. One of the scholarships available for international students is Achiever MBA Scholarship, which covers the entire tuition fee. Another one is the Forte Fellows Program which is available at Forte sponsored colleges in Ireland. There are different education loan options for students who wish to pursue an MBA from Ireland. Both Public Sector Banks(PSBs) and Private Banks offer loans to students. In the recent years newer options have also emerged like NBFCs and international . Loan Components Public Sector Banks Private Banks NBFCs Major Lenders No Unsecured Loans for abroad education From Public Sector Banks Axis Bank, ICICI Bank Avanse, InCred No Unsecured Loans for abroad education From Public Sector Banks 14%-16% 14%-17% Maximum Loan Amount(in INR) No Unsecured Loans for abroad education From Public Sector Banks Up to 40 lakhs No Limit No Unsecured Loans for abroad education From Public Sector Banks 90%-100% 100% No Unsecured Loans for abroad education From Public Sector Banks 6 months to 12 months 6 months No Unsecured Loans for abroad education From Public Sector Banks Up to 20 years Up to 10 years Loan Processing Time No Unsecured Loans for abroad education From Public Sector Banks 10-15 days Upto 10 days lenders. Students should first aim for PSBs as their loans are more affordable for a common man than those offered by private banks, NBFCs or international lenders. We will provide you all the details about loans from major lenders offering loans for pursuing an MBA from Ireland. The loans for which the borrowers have to pledge a collateral are secured loans. One can pledge land(non-agricultural), apartments, gold, fixed deposits, government bonds, etc,. Usually public sector banks and private banks are the best choices for secured loans. In fact, PSBs are the most preferred choice for secured loans as their rate of interest to terms of repayment are pretty conducive to a borrower from middle or lower income groups. Read more about: Types of Collateral Security Acceptable for an Education Loan Loan Components Public Sector Banks Private Banks NBFCs Major Lenders 8.85% onward 11% onward 12% onward Maximum Loan Amount(in INR) 1.5 Cr 1.0 Cr No Limit 70% to 100% 100% 100% Six months to One year Six months to One year Six months Repayment Period Up to 15 years Up to 20 years Up to 10 years Loan Processing Time 20-25 days 10-15 days Less than 10 days
The loans for which the borrowers don’t have to pledge collateral are unsecured loans. Unsecured loan options help students from financially humble backgrounds to get an abroad education loan. If you have secured admission to a university abroad, and don’t have collateral, then unsecured loans are the best way out. Public Sector Banks don’t have unsecured loan options for borrowers. Private Banks and NBFCs give unsecured loans to students for pursuing courses at universities abroad. Currently, unsecured loans aren’t possible for MBA in Ireland. Read Also:
Looking For An Abroad Education Loan?
Cost Of Doing MBA in Ireland
Tuition Fee For MBA
The Accreditation of the University
The Cost of Living
Scholarships and Grants for doing MBA from Ireland
Education Loan Options for MBA in Ireland
Secured Loans for MBA in Ireland
Unsecured Loans For MBA in Ireland

Salil has a deep interest in material pursuits and philosophy. He is very fond of Table Tennis and Badminton and can be found playing it at weekends.

Aman Jain graduated from IIT Kanpur, and currently functions as the CMO at GyanDhan. He is deeply passionate about creating equality in higher education and has directly interacted with 2 Lakh students in his 8-year-long journey.
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Education loan ,
Study Abroad Admissions

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