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Masters in Finance in Ireland: Complete Guide for Pursuing MSc Finance in Ireland

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Home to 20 of the Top 25 Global Financial Institutions, Ireland is fastly becoming a hub for financial education globally. Many top universities offer masters in finance in Ireland both as full-time and part-time courses. The finance courses in Ireland prepare students to become leading members of the ever-growing economic and financial sector in Ireland.

They provide education and training for dynamic career options in corporate finance, investment management, and other financial sectors. So, if you are interested in pursuing this stream too, this blog will act as your one-stop guide to pursuing a masters in finance in Ireland.

Let’s get started on the insights!

Table of Contents:

Overview to Study Masters in Finance in Ireland

Following is the table with a basic overview to study masters in finance in Ireland.

Course Duration

1-2 years

Average Tuition Fees

EUR 12,000-24,0000/ INR 9,42,840-18,85,680

Top Universities

Trinity College Dublin, University College Dublin, National University of Ireland, etc.

Top Specialisations

International Finance, Financial Management, Financial Econometrics, Financial Markets, etc.

Average Expected Salary

EUR 1,43,000/ INR 1,12,35,510 annually

Education System in Ireland

Why to Study Finance in Ireland?

Before we delve into the details, let us take a look at the benefits of studying masters in finance in Ireland and how they can help you make an informed decision as to whether or not to choose the MSc finance Ireland programs.

  • Tech Hub: Ireland is a major tech hub in Western Europe. It is also the largest exporter of software in the world. There are many world-renowned educational institutions specialising in the field of finance and related sectors.
  • High-Quality Education: The universities for masters in finance in Ireland provide the finest quality of education and facilities. The course of study is designed to meet all the demands of the finance industry.
  • Variety of Courses: Ireland universities cover a wide range of courses under the program of masters in finance. Some of them are—International Finance, International Accounting and Analytics, Corporate Finance, and so on.
  • Job Opportunities: The top finance universities in Ireland have tie-ups with top industries and organisations. The job opportunities in Ireland after masters in finance are immense.

How to Find a Post-Study Job in Ireland?

Now you the features that make Ireland one of the best education countries globally for international students. Next, let’s check how to take admission in ms in finance in Ireland by fulfilling the following eligibility criteria.

Eligibility Criteria and Admission Requirements for Masters in Finance in Ireland

The needs and requirements for admission to MSc in finance in Ireland depend upon the university you choose. However, there are a few basic requirements that are required at all the universities in Ireland.

Let’s go through these common requirements asked by most universities for MSc in finance Ireland admissions.

  • Bachelor’s Degree
  • High CGPA Score
  • English Language Proficiency Requirements
  • Work Experience
  • Valid Passport & Student Visa

Let us elaborate on all the prerequisites one by one!

1.   Bachelor’s Degree

Having a recognized Bachelor’s degree in a Business discipline or relevant non-business discipline (Engineering, Physics, or Maths) is required to apply for masters in finance in Ireland.

2.   High CGPA Score

To apply to the top universities in Ireland for masters in finance, you must have a decent CGPA score. Universities like Dublin City College, Trinity College Dublin, Maynooth University, etc, ask for a minimum CGPA score of 6.5 or 60% or more.

3.   English Language Proficiency Requirements

The English proficiency test is mandatory for all non-EU students to get admission in the universities of Ireland. Scores required as per the tests are IELTS - 6.5, TOEFL - 90 and PTE - 63.

Know the difference between PTS vs IELTS

4.   Work Experience

Work experience is optional to pursue masters in finance in Ireland universities. However, any experience in the relevant field is always an added advantage.

5.   Valid Passport and Visa

A valid passport and visa are a must for all international students to opt for any course in Ireland. Do keep in mind to apply for your visa at least 3 months prior to the expected date of travelling.

Ireland Student Visa

Now you know the requirements to study MSc in finance Ireland. Next, let’s go through the documents required in the admission application.

Documents Required for Masters in Finance in Ireland

Many international candidate’s apply to Ireland universities for pursuing masters in finance in every intake. Therefore, the absence of a single document can highly affect your admission process to Ireland masters in finance universities. But worry not! Explore this list and ensure to manage your admission process with ease.

In order to study finance in Ireland at the masters level, you require these set of documents:

  • Transcripts of all educational qualifications
  • LOR or Letter of Recommendation
  • SOP or Statement of Purpose
  • Scores of IELTS/TOEFL
  • A write-up describing your intention behind pursuing the course masters in finance in Ireland. Include your specific area of interest and any achievement you have.
  • Passport size photographs
  • Passport copy
  • Financial documents (loans taken, income tax details, bank balance)

5 differences Between MS Finance & MS Financial Engineering

Now you which documents to present along with your admission application in Ireland. Next, let’s check out the ms finance in Ireland admission process.

Admission Process for Masters in Finance in Ireland

The admission to masters in finance in Ireland is conducted in two semesters - Autumn and Spring. Let us take a look at the deadlines for the two:

Semester

Starts

Application Deadline

Autumn Semester/ Semester 1

September- December

June/July

Spring Semester / Semester 2

January- May

September/October

Check with your university on when they are accepting applications. Once you know the submission deadline, you can start applying for your desired program.

Here’s a step-by-step guide to apply for masters at the finance universities in Ireland:

  • Finalise the Ireland MSc finance course that you want to pursue and check for the best university offering that course.
  • Visit the official university website and collect all data relating to eligibility and the admission process.
  • Fill out the desired application form and pay the fee.
  • Upload scanned copies of all the required documents.
  • Wait for the university’s decision for 8-10 weeks or more.

IMPORTANT NOTE:

The application deadline may vary from one university to the other. Therefore, make sure to check the university website to find the right date and time of submission. Also, ensure the listed documents are attached to your application.

Admission Intake Processes to Study in Ireland

Next, let’s have a look at the top universities for pursuing MS finance in Ireland.

Top Universities for Masters in Finance in Ireland

A number of institutes offer finance courses in Ireland with distinguished facilities and course contents. Here we have covered the top 5 universities that you must take into account.

  • Trinity College Dublin
  • University College Cork
  • National University of Ireland Galway
  • Dublin City University
  • University of Limerick

Let’s get to know these universities one by one!

1.   Trinity College Dublin (TCD)

TCD is one of the best finance universities in Ireland. The masters in finance course at Trinity College Dublin aims to develop skills to excel in a career in finance. It is in partnership with Chartered Alternative Investment Analyst (CAIA) and affiliated with the Chartered Financial Analyst (CFA) Institute. Both these organisations regard the course training and teaching of masters in finance here as effective and career-centric.

The students pursuing a finance degree Ireland at this Institute get first-hand exposure to real-life situations in banking and finance through seminars and case studies.

QS World Ranking 2023

98

Average Fees

23,600 EUR/ INR 18,54,252 per year

Popular Programs

MSc Finance

MSc Law and Finance

2.   University College Cork

University College Cork is one of the top universities to pursue finance degree Ireland. Here the students are groomed with all necessary skills relevant to the finance industry. Their main objective is to make the students capable of contributing to the field of finance.

After completion of this course, you may choose a career in different sectors like - investment banking, business advisory firms, international investment, asset management, finance, and banking industries.

QS World Ranking 2023

303

Average Fees

18,130 EUR/ INR 14,24,474 per year

Popular Programs

MSc Banking and Risk Management, Finance

MSc Asset Management, Finance, Investment

3.   National University of Ireland Galway

The masters in finance course at National University of Ireland Galway emphasises the contemporary topics and developments of the finance industry like cross-border investment, exchange rates, risk management, asset pricing, etc.

Their graduates have a huge scope of getting employed by national banks or multinational corporations. Besides, the program enhances the expertise of computer-based simulation models for business analytics and financial data analysis.

QS World Ranking 2023

270

Average Fees

17,916 EUR/ INR 14,07,660 per year

Popular Programs

MSc Corporate Finance

MEconSc International Finance

4.   Dublin City University

Masters in finance in Ireland’s Dublin City University provides quality financial education with industry-relevant specialisations. The courses offered here are an ideal blend of theory and analysis.

The students are made to be well acquainted with the fast-paced and ever-evolving industry of finance. Recent graduates of this course are successfully employed at renowned financial institutions like UBS, Royal Bank of Scotland, Bank of Ireland, Geneva Trading, etc.

QS World Ranking 2023

471

Average Fees

16,000 EUR/ INR 12,57,120 per year

Popular Programs

MSc Accounting

MSc Finance

MSc International Accounting and Business

5.   University of Limerick

Masters in finance at University of Limerick is a combination of technical skills and academic knowledge. It is an interdisciplinary program focusing on the overall development of the students.

The highly knowledgeable and experienced professors here equip the students with the best lessons and skills. The graduates are able to make their place in the finance industry of the world.

QS World Ranking 2023

531-540

Average Fees

14,512 EUR/ INR 11,43,272 per year

Popular Programs

MSc Financial Services

Masters Accounting & Finance

Part-time Work for Students in Ireland

The top universities for MSc finance Ireland provide all the requisites for you to secure a respectable position in the finance industry. Therefore, the decision to study finance in Ireland can be really rewarding. Hence, choose the university that best suits your preferences and explore as well as create all possibilities in your field. Next, let us talk about the cost of studying masters in finance in Ireland.

Cost of Studying Masters in Finance in Ireland

The overall cost of studying masters in finance in Ireland depends upon the university and lifestyle you choose. Different universities in Ireland have different fees structure for the course masters in finance. However, on average the tuition fees range between 12,000 to 25,000 EUR on a yearly basis.

Cost of studying in Ireland

The cost of living in Ireland depends upon your lifestyle and preferences. An estimated cost per year for international students is 7000-12,000 EUR per year. It covers all amenities like housing, food, travel, stationary, recreational activities, etc.

Cost of Living in Ireland

Next, we have covered the various scholarships that international students can apply for to reduce their out-of-pocket costs while studying in Ireland. Let’s check!

Scholarships to Study MS in Finance Ireland

Following are the scholarships with their estimated stipend amounts:

Scholarship

Stipend Amount (EUR/INR)

Centenary Scholarship Program, Dublin Institute of Technology

50% Tuition Fee

Postgraduate Merit Scholarship, National University of Ireland

2000/ INR 1,57,140

National College of Ireland Scholarships

2950/ INR 2,31,781

Sir Peter Freyer Scholarship, National University of Ireland Galway

Complete Tuition Fee

MSc Merit Based Scholarship for International Students, University of Ireland Galway

Complete Tuition Fee

Scholarships in Ireland

Next, let’s check out the career opportunities a student can avail after completing their masters in finance course at Ireland.

Job Opportunities in Ireland after Masters in Finance

The job prospects for finance degree Ireland are abundant due to the ever-growing demand of the finance industry.

The graduates are highly valued by leading organisations like:

  • KPMG
  • Goldman Sachs
  • PwC
  • Morgan
  • First Derivatives
  • Bank of Ireland
  • Standard & Poor's
  • Citco Fund Services
  • Commerzbank

Some popular jobs with their average salaries are mentioned below:

Job Title

Average Annual Salary

Financial Analyst

35,900 EUR/ INR 28,20,663

Financial Manager

60,000 EUR/ INR 47,14,200

Investment Banker

75,000 EUR/ INR 58,92,750

Financial Controller

59,907 EUR/ INR 47,06,892

Financial Advisor

33,572 EUR/ INR 3627752

Post Study Work Visa in Ireland?

As a student dreaming about pursuing a finance degree in Ireland, you might have a few more questions. If yes, then connect with our expert counsellors by subscribing to Yocket premium. With this service, they will not only clear your doubts but guide you in your complete study abroad journey by filling out visa applications, university applications, selecting scholarships, getting the loan sanctioned, etc.

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Frequently Asked Questions about Masters in Finance in Ireland

Ques. What is the scope for masters in finance in Ireland?

Ans. The scope for masters in finance in Ireland is huge. The course concerns areas like Financial Management, Risk Analysis, Banking, Stock Trading, etc. The graduates are in high demand in the finance market after completion of their course.

Ques. Is Finance a good career in Ireland?

Ans. Yes. A career in finance is an excellent choice in Ireland. You are most likely to get employed within six months of completing your course. It is a rewarding and well-paying career.

Ques. What is the cost of pursuing a master's in finance in Ireland?

Ans. The tuition fees for pursuing masters in finance in Ireland universities range between 12,000 to 25,000 EUR annually.

Ques. What is the medium of instruction for masters in finance in Ireland?

Ans. Ireland is an English-speaking country, that offers all courses in English language. Hence, language is never an issue for international students to pursue any course in Ireland.

Ques. What does the cost of living in Ireland include?

Ans. The cost of living in Ireland is EUR 7,000-10,000 per year for international students and it includes rent, electricity bills, study material, entertainment, food, groceries, etc.