We have often heard the term “MBA” from various students and individuals around us. But have you ever given a thought to the fact that what does this term signify?
MBA, i.e., Masters of Business Administration, is a general graduate business degree that teaches the students technical, managerial, and leadership skills. Earning a professional business degree, or an MBA, can have both expected as well as unexpected benefits in your life; it helps in expanding your professional network along with creating new opportunities.
An MBA degree is a big step for all those aspiring managers who want to enhance their careers, the transition to a new industry, or become an entrepreneur.
Whether you’ve chosen the field of technology, finance, management, marketing, or manufacturing, having an MBA degree opens up your doors for greater possibilities in life.
What’s the Cost of pursuing an MBA Degree?
Doing a Master’s of Business Administration is something that is going to cost you a hell of a lot of money, whether it’s in India or America. High costs and excessive competition is the sole reason for many candidates to look outside of their desired countries for their graduate management programs.
There is hardly any doubt in the fact that doing it helps in opening the doors to some exceptional career opportunities. But, the high cost and fierce competition are what acts as a barrier in many student’s lives.
Studying abroad is a more popular choice among students nowadays.
And for eternities now, Ireland has been the heart of learning in Europe; winning it the title of “Lord of Saints and Scholars”. Thus, getting this degree from Ireland provides you with two benefits at the same time.
But how can you be sure on whether it’s worth doing or not? Don’t worry, we are here to help you out through this.
Is it Worth Doing an MBA in Ireland?
MBA in Ireland is a prolific, prestigious, and sought-after program in the entire world. It is one of the most estimable postgraduate programs that help scholars in combining their developed skills with some real-world expertise to prepare the students to advance their careers in their field of choice.
Master’s in Business Administration (MBA) in Ireland helps in offering the students a sweet haven to enjoy the privileges of studying abroad along with preserving a lot of money. Ireland presents itself as one of the best options to pursue. Apart from the general choices like HRM, Finance, Marketing, and Sales, it offers a variety of other several specializations like healthcare, Public Administration, to Project Management. Along with this, they present their students with a degree that is internationally recognized.
How Do You know if Ireland is the Best Choice for this or Not?
Irish business schools provide their students with a variety of benefits, that is why these schools receive an increasing number of applications every year from students across the world. Students can save a lot of money owing to the affordable fee structure being offered by these schools. According to studies, students with this degree from Irish business schools have a higher chance of better job opportunities & are more likely to receive an increase in their annual pay by 50-60%.
Now, that we have learned its importance, let’s learn a few more facts about how doing it helps in increasing the overall growth of an individual.
Can I get a Job after Studying for an MBA in Ireland?
This is one question that comes to the mind of every individual while pursuing this degree from this European country. And this is, in fact, most important as well; because getting a secured job opportunity along with getting a high salary is something that every MBA aspirant dreams of.
According to research, it increases the earning potential by 50%; but, in recent years, these figures have been increased by 80%, which clearly states the benefits of an MBA.
Another question that arises in the student’s mind after this would be whether there is a requirement of GMAT for a postgraduate degree in Ireland?
Is GMAT required for an MBA in Ireland?
There are various MBA universities & some best MBA colleges in Ireland and all of them have their eligibility requirements to get into their desired courses.
So, let’s learn about the different acceptability criteria followed by various universities.
One of the most important requirements demands the students to qualify for the Graduate Management Admissions Test (GMAT) with an acceptable score. Generally, a minimum of 550 is required by top universities for admissions to their required programs.
Now that we have learned a few important facts about doing it from the various MBA universities and colleges in Ireland; let’s move on to know about some of the best colleges.
Best MBA Colleges in Ireland
Here is a list of the best MBA colleges in this country & these are:
- Trinity College Dublin, The University of Dublin
- Dublin Business School
- National College of Ireland
- Griffith College
- Institute of Technology – Carlow
- IBAT College, Dublin
- University College, Dublin
Now that we have an idea of the different colleges, about the job opportunities one can get after doing this, and learned a few more facts related to this. Now let’s move forward to learn four important facts about doing an MBA; and is it really worth doing it or not?
4 Reasons to do an MBA in Ireland
MBA is a 2-year duration degree that provides an opportunity to help students earn an extravagant amount of money. There are various good reasons to do it. These are:
This European country is among one of the few countries to provide a two-year graduate program to students all over the world. Doing it helps in opening the doors to a-great many career opportunities. It helps to escape the monotony as there are a larger variety of roles available to them; thus increasing the number of positions being available. This provides the students with an overall perspective on life that helps them to achieve their goals in the future along with helping them in their careers.
Develop Advanced and Flexible Management Skills
The other benefit of doing the same is that these classes help individuals gain a professional experience of a minimum of two years. Along with this, it provides them with a variety of benefits that will help develop the skills necessary to keep a company successful. These are:
- It helps in improving the leadership as well as management skills of individuals.
- Individuals can easily develop their skills which will help them in advertising and selling their products and services.
- One can easily manage difficult situations as they are trained to deal with some real-life scenarios that are a part of their online training programs.
- Pursuing a postgraduate helps in maintaining the healthy finances of a company.
Access to an Extensive Business Network
Being a postgraduate student comes with a variety of great networking opportunities that help individuals to interact with their fellow students, professors, and teaching staff.
It provides individuals access to an extensive business network; these connections are sure to provide them with a great overview of the business world.
So, pack your bags and prepare yourselves for an amazing ride to a deep understanding of the business environment & some new ways to adapt to these changes as fast as possible.
Unusual Salary Packages
“High Salaries and Job Security” is something that every individual long for & these are the benefits that this degree provides one with. The average income of a Master’s of Business Administration graduate is much higher than someone with a regular Master’s degree.
Thus, you can expect to earn twice the amount you would have otherwise if done from a regular university degree.
Often, most students have a few doubts about the job opportunities being offered with these programs. So, let me help you by clearing out a few facts about the same.
Reading all the facts about doing an MBA seemed all fun and presented a clear picture of choosing the perfect college for your degree. This blog might have given you a piece of clear information related to an MBA and the different criteria that one needs to fulfil while applying for one.
By now, you’re aware of how you can use your knowledge of various exams like GMAT, IELTS exam to get yourself enrolled in a university that you have dreamt of!
Hope you find it informative enough & this has provided you with the required boost to start your preparation. If you have any doubts regarding the same, feel free to use the comments section below & let us know your thoughts on the same.