Msc in Economics



Highlights of Economics in Ireland

  • Permanent Residence (PR) in just 2 years

  • Irish economics sector employs almost 285,000 people

  • Choose from 10 Masters in economics program offered by 5 universities

  • Eligibility to take up professional certification after Masters

  • Get up to 100% scholarships

  • 2 years of post-study work permit

  • Work in government as well as private sector in Ireland

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Ireland is a land of Saint and Scholars with 34 higher education institutions offering 5000 programs. Ireland has a range of institutions, including 7 universities and 14 Institutes of Technology, in which 5 Institutions featured in the world’s top 500 QS World University Rankings.

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Scope for Masters Economics in Ireland

Irish economists employ economic analysis with MSc in Economics in Ireland education, health, development, and the environment. These are some potential Job opportunities for MS in Economics in Ireland. Others look at the cost of things and services, health care, and even energy. These scholars also study unemployment, business cycles, and currency rates. Finally, others examine the impact of taxation, inflation, and interest rates. Many Irish economists base their estimates on historical studies. They do research and analysis using software tools, including spreadsheets, statistical analysis, and database management programs. The government employs nearly half of all economists with MS in Economics in Ireland. Federal economists collect and analyze economic statistics on employment, prices, productivity, and incomes.

These experts can provide statistics on the economic effects of new laws and regulations and estimate future spending. You can work for companies and help them understand how the economy affects their business if you have an MSc in Economics from Ireland National University of Ireland, Galway. Economists can assist a business by examining consumer demand and sales to maximize profit. This degree prepares you to work in economic research organizations in Top Companies that Hire Economics in Ireland and think tanks, researching and assessing diverse financial problems. Publications of forecasts and analyses are standard. The World Bank, the IMF, and the UN all employ economists with an MSc in Economics from Ireland.

Masters in Economics in Ireland will extend your knowledge and expertise in several fields and increase your Job Opportunities after MSc in Economics in Ireland. This course will also broaden the economic horizons of people. So you may be a data scientist or a statistician and yet be an economist, professor, researcher, etc. It will allow you to pursue different fields of study related to economics. Ireland's economic possibilities are expected to grow by 35% after the pandemic, increasing the Salary after studying Masters in Economics in Ireland.

Economist's Salary in Ireland

According to a recent survey, the average starting salary in Ireland after Masters degree in Economics is €38,461. Even though most recent college grads make about €40,000 per year, a survey indicated that over a quarter would make above €38,000 in their first year.

Opportunities for Employment in Ireland After Masters in Economics in Ireland

How can economics enthusiasts make a living? Internships and graduate positions are plentiful in the second or final year of an economics degree. To increase your chances of getting hired, focus on one industry and become an expert in it. Avoid applying for employment in a wide range of industries to save time. The sectors listed below are continually looking for economists to join their teams. Remember that this list isn't exhaustive, but it should help you prioritize your efforts. Investing in stocks. Internships and graduate programs at investment banks attract many economics students. With starting pay of almost 40,000 EUR plus bonuses, it's simple to see why. Also, investment banks frequently engage economists for various roles. Working on the trading floor, for example, requires graduates to research a company or industry, evaluate choices, and assess risk. All of these skills come naturally to those who study economics. Students of economics are also better aware of current economic and banking issues. It explains why economists dominate the sector.


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With a consistent record of admits & scholarships, we are the most recommended Irelands Official University Representatives. With a dedicated well trained team of 200+ certified Irish education consultants we have assisted 10,000+ students every year. As an Exclusive Ireland Education consultancy we focus on student preferences keeping in mind their best suited options. Ireland is well known for ICT sector, pharmaceutical base as well as sustainable engineering. Students choose to study in Ireland since its an English speaking country with affordable tuition fee, post study work permit and huge job opportunities. Most of Ireland’s top Education Institutions are in the world’s top 500 QS World University Rankings. We stand as the Best Ireland University Representatives as we adhere to the recent updates from the Embassy for Visa updates and the Universities for admits and courses. Our exclusive team of Visa consultants pay close attention to the requirements as stated by the Embassy and assist in getting your Visa approved.

Why Study Masters in Economics in Ireland

You may want to consider an MS in Economics in Ireland, given present and potentially economic challenges. Until now, economics has been very comparable to our other disciplines. However, because of its interdisciplinary character, Economics in Ireland may have an even more significant impact in the future. For this reason, if you have an economics degree, you should enroll in a Masters in Economics in Ireland. You'll have access to a whole new collection of options and resources. Wherever you choose to go in the world, MSc in Economics in Ireland will always be valued. A career in economics after completing a Masters degree in Ireland offers many options. After completing the professional tests and receiving continued training and progress reports, you can become a certified Economist. It will help you improve computational and analytical skills and prepare you for your profession. An Economics from Ireland certifies you as an economist and improves your analytical and quantitative skills. Large volumes of financial data require critical thinking. An Irish MSc in Economics is available in Business, Health, and Quantitative specialisations.

Economics in Ireland
Economics in Ireland

Top Economics Masters Programs in Ireland

The Best Economics courses to Study in Ireland has had a course curriculum developed to assist you to increase your economic knowledge. A Masters in Economics in Ireland combines advanced study with academic and intellectual development. Most top Economics Courses in Ireland provide a wide range of analytical and methodological methodologies, allowing students to pursue academic research interests and broaden their transferable skills. A research idea will be turned into an exceptional paper and presentation. Employers value the analytical and problem-solving talents of MSc in Economics in Ireland graduates. Graduates of Ireland's top Masters in Economics in Ireland programs can pursue careers in finance, banking, research, consulting, teaching, government, journalism, politics, and international organisations. Graduates have achieved success and fulfillment in a wide range of industries and roles. Major recruiters include Mia, Lbec, Deloitte, Ulster Bank, and the ECB looking for MSc in Economics in Ireland.

Top Universities for MSc Economics in Ireland

MSc Economics Courses in Ireland

University College Dublin (UCD) MSc in Applied Economics
University College Dublin (UCD) MSc in Behavioural Economics
University College Dublin (UCD) MSc Qualifier Economics
University College Dublin (UCD) MSc in Quantitative Economics
National University of Ireland Galway (NUIG) MSc in Health Economics
University College Cork (UCC) MSc in Business Economics
University of Limerick (UL) MSc in Economics & Policy Analysis
University of Limerick (UL) Masters in Economics
Maynooth University MSc in Economics
Maynooth University MSc in Economics
Maynooth University MA in Philosophy, Politics And Economics

Show 1+ Programs

What is Economics

Economic studies show why and how people buy things and make decisions. Before advising businesses and organizations, economists undertake research. They discover patterns and forecast the economic climate using industry-specific knowledge and theory. Their findings can help governments boost efficiency while lowering risk. Microeconomics studies how individuals and businesses respond to scarcity and government intervention. Quantity wanted versus quantity provided are all microeconomic terms. Macroeconomics studies the economy as a whole rather than individual markets. Macroeconomic concepts within Masters in Economics in Ireland include inflation, international trade, unemployment, and domestic consumption and production.

Irish economists who have done Masters in Economics in Ireland do industry-specific research to discover trends and forecast the economic environment. They collect data and analyze it to understand economic issues, including inflation, energy costs, interest rates, taxes, and other issues. Individual and corporate supply and demand decisions or historical trends to forecast economic developments are only a few examples of economic specialisations accessible in Ireland. Ireland's economics can also analyze labor supply and demand, unemployment, and how wages are determined. Economists with MS in Economics in Ireland work for the federal and state governments, banks, local consultancies, large enterprises, and investment firms. They are experts in research methodology and statistical analysis after their MSc in Economics in Ireland.

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Our Process & How We Can Help?

GoIreland is the Exclusive Ireland Education Consultancy with a team of consultants providing the best consulting choice. We can guide you for any kind of course you want to get admission in some of the top universities and colleges of Ireland for a flourishing career. Our experienced and talented educational consultants are always there by your side when you need them the most. Starting from the counselling process to the admission process and Visa procurement, our experts are always all ears to your problems.

As the Official Irelands Exclusive University Representative, we can help you get all kinds of documentation done at the right time and prepare exceptional resumes for candidates to showcase their skills in the most impressive of ways. Our consultants have years of experience in handling students, deciding the best career path for them and we have proudly placed more than 10,000+ students abroad in various courses. Their testimonials and experience with us clearly state our approach and intentions. We always try to go beyond the limits in helping you out and strive the hardest to ensure a bright career ahead of you which makes us the Best Ireland Education Consultancy. We are Irelands Exclusive University tie-up consultants where you can take admission to get the best faculty possible abroad. Below is a brief list of our services.

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University Short listing : We provide customized services on choosing the right type of university by examining your profile. Ireland's Exclusive University tie-up consultants receive updated information on course details, application deadlines and scholarships.

Preparing your Documents : Our team of experts would render valuable advice in preparing the statement of purpose and drafting letters of recommendation for free. Informing you about the application requirements tailored for each course is a key aspect of our service.

Applications to Universities : We will make sure that all your applications are submitted on time, keeping the application deadlines in mind.

Loan Assistance : Working directly with Universities as Ireland's Exclusive Official University Representatives has attracted loan providers and banks to assist our students for education loan.

Forex Services : You will know how much time it would take every time you make a payment and so using Forex Services for fee payment, money transfer after going to your desired country will be of great help.

Accommodation in Ireland : Finding a place to stay, booking them before your departure can be daunting. Through our accommodation providers, and student referrals, we can help you book a good place of stay that fits your budget.

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Top Universities for MSc in Economics in Ireland

With an aim to further develop your conceptual base and knowledge and skills in economics, the top universities for MSc in Economics have framed their curriculum. MSc in Economics in Ireland will be a combination of advanced study as a basis for a professional career with the development of your academic and intellectual capabilities. Most of the best universities for Masters in Economics in Ireland will expose you to a broad range of analytical tools and methodological approaches, which helps you to develop their academic research interests, as well broadening their set of transferable skills. You will also guided through the process of developing a research idea into a high-quality paper and presentation. Graduates with an MSc in Economics in Ireland are highly sought after by employers, in a range of fields, who value analytical and problem-solving skills. Best universities for Masters in Economics in Ireland have excellent prospects in finance and banking, research, consultancy, teaching, public service, journalism, politics and international organisations. Graduates have gone on to successful and rewarding careers in varied roles around the globe. Some of the top recruiters include Mia, Lbec, Deloitte, Ulster Bank, European Central Bank.

Below is the list of Universities for MSc Economics in Ireland

  • University College Dublin
  • Trinity College Dublin
  • University College Cork
  • University of Limerick
  • Maynooth University

Admission Requirements for Masters in Economics in Ireland

Admission Requirements for MS in Economics in Ireland require a solid academic record and a high level of English ability. Students with a Bachelors degree in Economics or mathematics or a high percentage of Economics selections in their final year are eligible to apply for the Masters in Economics in Ireland. Work experience of two to three years is preferable while using institutions. The entry criteria for MS in Economics in Ireland may alter as more and more people apply every year. Our experts observed that applicants to the MSc in Economics in Ireland program in Ireland must have a grade point average of 70% or better, with no more than seven backlogs. The Institute of Technology requires a minimum GPA of 60%. The institution expects at least 55% of applicants to have ten or fewer backlogs.

Admission requirement for Masters in Economics in Ireland is the following.

  • A Bachelors degree in Economics is essential, as is a score of 60% on related exams. It is the most critical requirement. Prior job experience in a similar sector is a plus.
  • Institutions in Ireland do not require GRE scores for admission; instead, they look at their entire application package.
  • English Language Score for MSc in Economics in Ireland through IELTS/TOEFL/PTE scores for International students

Universities for Masters in Economics in Ireland

Entry Requirements for MS in Economics in Ireland

University College Dublin (UCD) 60% or 6.0 CGPA
National University of Ireland Galway (NUIG) 60% or 6.0 CGPA
University College Cork (UCC) 60% or 6.0 CGPA
University of Limerick (UL) 60% or 6.0 CGPA
Maynooth University 60% or 6.0 CGPA

English Requirements to Study MSc Economics in Ireland

The minimum eligible score for MS in Economics in Ireland in TOEFL, IELTS, and Pearson Test of English or PTE score required for MS in Ireland are the three most common scores needed for international students. They should take one of the three tests because English is not their native language. Students pursuing a Masters in Economics in Ireland must complete particular English language requirements specified by their universities. In addition, some of Ireland's leading colleges require a higher level of English proficiency for students seeking an MS in Economics.

Universities for Masters in Economics in Ireland

IELTS

TOEFL

PTE

University College Dublin (UCD) 6.5 90 63
National University of Ireland Galway (NUIG) 6.5 88 61
University College Cork (UCC) 6.5 90 63
University of Limerick (UL) 6.5 80 61
Maynooth University 6.5 93 63

IELTS Requirements for MSc Economics in Ireland

To be admitted to an Irish Masters in Economics program, you must pass the English Language Proficiency Test (ELPT). IELTS - International English Language Testing System - is a famous English language test for Irish MSc in Economics students. It assesses you based on four modules: listening, reading, writing, and speaking. The minimum IELTS score for MSc in Economics in Ireland is 6.5 overall, with no component scoring lower than 6. In addition, some Irish universities demand the following IELTS score for admission to the Master of Economics program.

Universities for Masters in Economics in Ireland

IELTS Requirements for MS in Economics in Ireland

University College Dublin (UCD) 6.5
National University of Ireland Galway (NUIG) 6.5
University College Cork (UCC) 6.5
University of Limerick (UL) 6.5
Maynooth University 6.5

TOEFL Requirement for MSc in Economics

Universities in Ireland accept TOEFL scores for Masters degree programs in economics. To be considered for admission, students must have a TOEFL score between 88 and 95. For an MSc in Economics, the TOEFL score requirements vary by university. For example, a TOEFL score of 88 is required for admission to an Irish university's MSc in Economics program, while other universities have a higher minimum score requirement of 90. Some colleges in Ireland require a higher TOEFL score for the MSc in Economics program because of the intense competition. Applications can be submitted without the TOEFL score required for MSc Economics in Ireland and you can get a conditional offer.

Universities for Masters in Economics in Ireland

TOEFL Requirements for MS in Economics in Ireland

University College Dublin (UCD) 90
National University of Ireland Galway (NUIG) 88
University College Cork (UCC) 90
University of Limerick (UL) 80
Maynooth University 93

PTE score for MSc in Economics in Ireland

Students interested in pursuing a Masters in Economics in Ireland can take the Pearson Test of English as an alternative English Language Assessment. To be judged eligible for an MSc in Economics in Ireland, your reading, writing, listening, and speaking skills are assessed. Masters in Economics in Ireland require a minimum score of 61 in PTE with no section scoring lower than 59. Most Irish universities seek an overall PTE of 63, with no area scoring lower than 59 when applying for an MS in Economics. If you are finding it difficult to get exam dates for IELTS and TOEFL, you can take up PTE and get the PTE score required for MSc in Economics in Ireland.

Universities for Masters in Economics in Ireland

PTE Requirements for MS in Economics in Ireland

University College Dublin (UCD) 63
National University of Ireland Galway (NUIG) 61
University College Cork (UCC) 63
University of Limerick (UL) 61
Maynooth University 63
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Admission Process for Masters in Economics in Ireland

International students applying to Ireland universities have slightly different MS in Economics Application Requirements. You can either study the official websites for specific instructions or contact our GoIreland consultants for a more in-depth examination of the requirements. Letters of recommendation and Statements of Purpose have certain standards that vary based on the university and programme.

The following is a list of documents that must be submitted in order to apply for a Masters degree in Economics in Ireland.

Universities for Masters in Economics in Ireland

Entry Requirements for MS in Economics in Ireland

University College Dublin (UCD) 60% or 6.0 CGPA
National University of Ireland Galway (NUIG) 60% or 6.0 CGPA
University College Cork (UCC) 60% or 6.0 CGPA
University of Limerick (UL) 60% or 6.0 CGPA
Maynooth University 60% or 6.0 CGPA

If any student faces any difficulty in preparing any of the documents our website GoIreland will guide you to make it easy for you. You just have to contact us.

How to apply for MSc in Economics in Ireland?

After discussing about the admission and application requirements for getting into any university for Masters in Economics in Ireland in the article before, how to finally apply for the course successfully will be discussed under this head:

  • Identify the course for which you wish to apply: The very crucial step while applying for any course. While it is understandable that you may have preferences, it is best to focus on one course and various colleges that offer the same course before beginning the application process.
  • Check for deadlines: As soon as you've decided on a course and university, look into the application deadlines for MSc. in Economics in Ireland.
  • Obtain the Required Documents: You'll get the score cards, but you'll need to finish the SOP and get the LORs signed before the deadline. These documents will be uploaded to the university site or the PAC, which is the common application portal.
  • Final Application: Once all the documents are collected by a student he/she is ready for taking admission.

Scholarships for Master of Economics in Ireland

In general, all students are eligible to apply for scholarships, and in some situations, the institution will provide scholarships while the student is still applying for the program. This is also true of the Masters in Economics in Ireland. The University of Dublin offers scholarships ranging from EUR 1000 to EUR 4000 to students with distinguished academic and extracurricular achievements. In addition, University college cork provides awards ranging from EUR 1800 to EUR 2000 to students with exceptional intellectual and extracurricular credentials. With an excellent scholarship for MSc Economics in Ireland from Dublin City University, you'll save 25% on your tuition. Technological University Dublin and Maynooth University award a scholarship of between EUR 1000 and EUR 2000 to a deserving student.

Below is the list of Scholarships for MSc Economics in Ireland

Universities offers scholarship for Economics in Ireland

Name of the Scholarship

Awards

All University Centenary Scholarship Program 100% of One Year Tuition Fee
All University International Student Scholarship Euro 3,000 - 3500
All University Government of Ireland - International Education Scholarships (GOI-IES) Euro 10,000
All University Hugh Lane Fulbright Gallery Curatorial Award Max Euro 20,000
All University Open Study/Research Award Max Euro 15,000
Trinity College Dublin (TCD) International Scholarship Euro 3,000 - 5,000
Trinity College Dublin (TCD) IIE’s Generation Study Abroad scholarship Euro 2,000
Trinity College Dublin (TCD) Trinity Sport Scholarships Euro 750 - 1,500
Trinity College Dublin (TCD) Brazil Fundacao Estudar Scholarship Program 5 - 95% of Tuition Fee
University College Dublin (UCD) International Scholarship / Global Scholarship Euro 1,000 - 4,000
National University of Ireland Galway (NUIG) Sir Peter Freyer Special Merit Scholarship 100% of Tuition Fee
National University of Ireland Galway (NUIG) International Scholarship Euro 1,000 - 4,000
National University of Ireland Galway (NUIG) Max Arthur Macauliffe Special Merit Scholarship 100% of Tuition Fee
University College Cork (UCC) College of Law & Business Scholarship Euro 3,000
University College Cork (UCC) Quercus Taught Masters Academic Scholarships 50% of Tuition Fee
Dublin City University (DCU) Engineering and Architecture Scholarships for Non-EU Students Euro 3,000 - 10,000
Dublin City University (DCU) VV Giri Global Excellence Scholarship 50% - 100% of Tuition Fee
Dublin City University (DCU) DCU Merit Scholarship Upto 25% of Tuition Fee
Dublin City University (DCU) DCU Taught Masters Program Award (Fulbright) Max Euro 15,000
Dublin City University (DCU) DCU International Merit Scholarships (Fulbright) Upto Euro 2,000
University of Limerick (UL) Peter Real Analog Bernal Awards Variable
University of Limerick (UL) Kemmy Business School India Scholarship 25% of Tuition Fees
University of Limerick (UL) Jim Kemmy India Scholarship Euro 3,423
Maynooth University Entrance Scholarship Euro 1,000
Maynooth University Merit Scholarship Euro 1,000 - 3,000
Technological University Dublin (TUD) DIT Centenary Scholarship Programme 50% of Tuition Fee
Technological University Dublin (TUD) Centenary Scholarship Programme 50% of Tuition Fee
Technological University Dublin (TUD) Academic Scholarship Euro 1,000 - 2,000
Munster Technological University, Cork (CIT) The International Scholarship 15% of Tuition Fee
Munster Technological University, Cork (CIT) Eolas Scholarship Euro 3,000 or 25% of Tuition Fees for all years of study
Atlantic Technological University (GMIT) GMIT Non-EU Student Scholarships 30% of Tuition Fee
South East Technological University (SETU) (WIT) International Scholarship Euro 2,000

Show 22+ Scholarships

Cost of MSc Economics in Ireland

People consider Ireland as an expensive country but the Average cost of Masters in Economics Ireland is very less in comparison. Ireland is a people friendly and not so expensive place to reside. Masters in designing provides the specialisation such as structure and expectations. The course also explains the process, requirements, planning, and monitoring to produce better software for users. Tuition fee to Study Economics in Ireland depending on the university, this course will cost you around €2,000 overall for learning and gaining the certificates.

Below is the list of Tuition fee for MS in Economics in Ireland of different universities.

Universities for Masters in Economics in Ireland

Tuition Fees for MS in Economics in Ireland

University College Dublin (UCD) €10250 to €20500
National University of Ireland Galway (NUIG) €17240
University College Cork (UCC) €18500
University of Limerick (UL) €17100 to €34200
Maynooth University €14000 to €28000

Professional Bodies Related To Economics in Ireland

  • Irish Economic Association
  • Royal Economic Association
  • Society of Business Economics
  • International Economic Association
  • National Economic and Social Council
  • The Society of Young Economist in Ireland
  • Northern Ireland Economic Council
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FAQ:


Is Economics a good career choice in Ireland?

Yes. Economics is an evergreen field and has become a central focus for companies due to the rapid changes and is predicted to always be in demand.

What is the Tuition fee for MS Economicsin Ireland?

Tuition fee ranges between 14,000 EUR - 20,000 EUR and varies with the college.

How much salary can I expect after completing my Masters?

Starting salary of 40,000 EUR per year on an average, according to Indeed and Glassdoor.

Can I take up a part time course for Economics?

International students are eligible for full-time study only since a study visa is issued for Full time programs.

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