Masters in Banking in Ireland

Banking in Ireland

Banking in Ireland for international students:

The splendid lush green countryside of Ireland has got it the name, Emerald Isle. But this is not the only reason why a number of international students are drawn to this country. Already there are giant organizations like Google and Microsoft reaching to the shores of Ireland. Continuing on the same trajectory, we will grow up to new Ireland which is the center of the world when it comes to development and growth.

The international student community of Ireland is 35,000 students strong. In this, the scope of banking in Ireland draws even more students to the country. This is because there is a huge potential for them to grow with the ever-changing economic structure all over the globe. As far as the scope of studying banking degrees and courses in Ireland is concerned, it can be said that:

• It will help you understand how the banking sector works and how can you manage it effectively. This is especially when a number of stakeholders are a part of this sector.
• Each and every student will be able to expand his/her knowledge base with regards to the understanding of different concepts of this sector.
• More importantly, it will help the students develop a critical mind and become a problem solver.
• With special reference to banking in Ireland for Indian students. They will be able to develop the necessary skills and expertise which are collaborative with the modern financial institutions.
• Ultimately, all the banking and financial courses in Ireland will lead to the development of a specific skill set. This skill set will allow every learner to forward financial sustainability and become an avid decision maker.
  To answer why to study banking in Ireland, the answer is that it will lead to not only professional development. But also enhance the personality of the student along with giving a profound understanding of this sector.

The best courses for MSc in Banking in Ireland are:

Entry Requirement for Banking in Ireland:

For foreign students, there are set entry requirements for banking in Ireland. These conditions are set keeping in mind the scope of the subject and the ability of the students to learn in a dynamic environment. These documents are to be submitted at the time of admission.

• Minimum eligibility is a pass certificate of 10, 12 or the bachelor's degree.
• IELTS or TOEFL pass scores.
• For those who were earlier working, they need to present two letters of recommendation from the previous employer.
• The foreign students also need to present thier Statement of Purpose.
• Academic Resume
• Sufficient funds proof
• Health Insurance
• A duplicate copy of the passport.

In this, the statement of purpose is an essential requirement by every college and university in Ireland. The SOP will contain information spanning from student’s life, the motive of studying abroad. It will also highlight the reason for the chosen path along with future goals and plans.

For entry into Masters in Banking in courses, the requirements are as follows:

• First or upper second class degree in the business subject with honors. Plus, the university or college will require a translated and certified educational certificates if originally they are not in English.
• Academic References
• A student can also attach previous work experience with the submitted documents

Most importantly, the eligible age for entry into the basic Bachelor’s degree course in Ireland is 18 years. Plus, the student needs to obtain at least 60% marks in his/her immediate previous course, class or degree.

The entry requirement for Masters in Banking in Ireland for all the institutions is given below:

IELTS Requirements for Masters in Banking in Ireland

IELTS: the non-native speakers need to pass the IELTS exam and achieve a score of 6.5 and nothing less than 6.0 band. It is one of the most commonly taken tests for students whose first language is not english. It tests your reading, writing, listening and speaking skills and grades each of the skills on a score of 10. After that an overall score is calculated and is also graded on point scale of 10.

The IELTS scores for MSc in Banking in Ireland is as follows

PTE Requirements for Masters in Banking in Ireland.

Pearson’s Test of English is another test that is undertaken by students to secure an admit in any of the top universities. It also grades you on the four modules of reading, writing, listening and speaking. The PTE scores for MSc in Banking in Ireland is given below:

Job opportunities in Ireland after Masters in Banking:

There are an ample amount of work opportunities in Ireland after you complete your degree course. Job Opportunities after MSc in Banking in Ireland depend on the area of expertise chosen by the student. For Non-EU students, however, there are a few prerequisites that are essential. This includes a certification by the hiring company that any EU or Irish student cannot replace the Non-EU employee in the future. This means that the company is claiming that did not find any other candidate suitable for this job role.

• Accounting Manager: An Accounting Manager has the responsibility to analyze the financial activities of an organization. He/She will implement the financial policies and work schedules in the company.
• Financial Analyst: the job opportunities after banking in Ireland include becoming a Financial Analyst. The job responsibilities include guiding the banks, and other insurance companies to make marketing investment decisions.
• Investment Banker: An investment banker will work in organizations like the Irish Stock Exchange. Here the responsibilities include dabbling with stocks and helping the client get the best stock shares.
  All the banking and finance courses in Ireland will train you to understand the aspects and dynamics of the financial sector in the world. These courses are interlinked with the current global banking trends and hence will help you gain immense knowledge about the banking system and policies. As for the job opportunities after banking in Ireland is concerned, you can be a part of some global financial or banking organization operating in Ireland. For non-EU students, there are some extra measures that need to be fulfilled. These range from getting work permit or applying for a Green Card.

Average Salary in Ireland after Masters in Banking:

The banking salary in Ireland for graduates begins at €28,000/annum. A Financial Analyst will as much as €31,000 to 33,000 per annum.
A job role in Finance Control and Strategy will help a student bag $71,000 every year on an average.
For a Master’s degree holder, the starting remuneration with a banking job is €47,000/year. A financial Advisor in Ireland can earn something in between €25,000 to €61,000/year.