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Cost of Living for Masters (MSc) in Entrepreneurship in Ireland

The second major expense while studying in Ireland is living expenses. This includes accommodation, travel expenses, groceries, utilities, entertainment, books, and equipment, among others. While submitting your admission fees, you may also need to pay the on-campus accommodation cost for entrepreneurship in Ireland. The accommodation cost means the price you will pay for the dorm or room in the college. The accommodation cost is much less when you are living on campus than living outside.The accommodation cost means the price you will pay for the dorm or room in the college. The accommodation cost is much less when you are living on campus than living outside.

Outside the campus, taking an apartment on rent is the primary option. In this, the cost of living in Dublin to study Masters (MSc) in entrepreneurship will be higher as compared to other cities. Within Dublin, the cost to live nearby the campus will be higher than in areas that are at a distance from the college campus. So, a lot of variables are involved here when you are preparing your living expenses and system in Ireland. The hostel or on-campus housing in Ireland will cost between €200 - €300 per month. However, the one-month rent of an apartment is between €400 to €900 per month, depending on the area. You will need to calculate the final cost of accommodation while exploring the apartments in the city.

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While doing so, make sure to account for the travel expenses, especially if you are taking a room at a distance from the campus. You don’t want to pay more for travel than what you will save by living away from the campus. Other living costs included in the estimated cost of living in Ireland while Studying Entrepreneurship includes utilities, food, and social cost. The cumulative cost of these three categories can fall between €900 to €1,300 per month. Here too, the banks giving an education loan can include the living costs in the total amount sanctioned for the student. These banks often take an average cost and pay the amount you will spend by living in Ireland for the next two years with the loan amount. The living expenses amount will be paid to the borrower's account directly.

You can bring down the living expenses in Ireland for non EU entrepreneurship students by sharing an apartment with other students. This will allow you to share the rent and other expenses, which can surely reduce the financial burden. Because of the present situation, inflation is rising in European countries. And going forward, you can expect the cost of living in Ireland for single person studying entrepreneurship to increase further. Even though the banks can accommodate the rise in costs, the ultimate burden of paying it back will fall on your shoulders. So, it is best to adopt the cost-saving measures from day one and make sure that you are doing everything to bring down the living cost.

Entrepreneurship Cost
Entrepreneurship Cost

The cost of living in Ireland for single person studying Entrepreneurship can also increase if you live near your university or college. It’s a common norm to see increased rents in areas near a happening destination. So, you can save money here by renting a room at a distance from the institution. However, make sure to live in an area that is also easily accessible.

One way to sponsor the living cost for Indian students in Ireland per month to study entrepreneurship is by taking a job. Students are allowed to work part-time, that is, up to 20 hours per week, by taking a job in their city. They can work for 40 hours per week during the official holidays sanctioned by the university. The minimum wage in Ireland for international students is between €10 to €15 per hour. So, by working for up to 20 hours per week, you can earn between €200 to €300 per week. You can find jobs in local cafes, eateries, gas stations, etc., where the work is not too tiring and you will get an easy payout.

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