Ireland vs Germany: Which is better in terms of pursuing master's, laxed work visa, and career opportunities in finance as an Indian?

Based on the most helpful WSO content, here's a comparison between Ireland and Germany for pursuing a master's/MBA in finance, considering various factors:

1. ROI of Master's/MBA in Finance:

   • Ireland: Generally, Ireland offers a good ROI due to its growing finance sector, especially in Dublin. The presence of many multinational corporations can lead to lucrative opportunities post-graduation.
   • Germany: Germany is known for its strong economy and has a robust finance sector, particularly in Frankfurt. The ROI can be significant, especially if you leverage the country's manufacturing and financial services industries.

2. Top Universities Offering Master's/MBA in Finance:

   • Ireland: Notable institutions include University College Dublin (Michael Smurfit Graduate Business School) and Trinity College Dublin.
   • Germany: Renowned universities include Frankfurt School of Finance & Management and WHU – Otto Beisheim School of Management.

3. Worth of Degree Across Europe:

   • Both Irish and German degrees are well-regarded in Europe. However, the global recognition of the specific school and program can vary, so it's essential to choose a reputable institution.

4. Laxed Work Visa:

   • Ireland: Post-study work visas are available, allowing graduates to stay and work for a period after completing their studies.
   • Germany: Offers a post-study work visa as well, and being fluent in German can significantly enhance job prospects.

5. Job Opportunities in Finance/Consulting Roles:

   • Ireland: There's a strong demand for finance professionals, particularly in Dublin, which is a hub for international financial services.
   • Germany: Offers a wide range of opportunities in finance and consulting, with Frankfurt being the financial capital.

6. Cost of Living (COL):

   • Ireland: Dublin has a high cost of living, but it varies by city.
   • Germany: Generally has a lower cost of living than Ireland, but again, this can vary by city, with Munich and Frankfurt being on the higher end.

7. Compensation:

   • Ireland: Competitive salaries in finance, especially for roles in multinational corporations.
   • Germany: Salaries are also competitive, with potential for higher earnings in senior roles and at larger firms.

8. Work-Life Balance:

   • Both countries value work-life balance, but cultural norms can influence actual experiences. Germany is particularly known for a strong emphasis on work-life balance.

9. Taxes:

   • Ireland: Has a progressive tax system with relatively high rates for higher earners.
   • Germany: Also has a progressive tax system, and while the tax rates can be high, social security benefits are substantial.

When considering these factors, it's crucial to research specific programs and institutions, as well as current immigration policies, as these can change and impact your post-graduation plans. Networking and connecting with alumni can also provide valuable insights into the job market and help with the decision-making process.

Sources: https://www.wallstreetoasis.com/forum/job-search/finding-a-finance-job-in-usa-as-a-foreigner-living-abroad?customgpt=1, Is target MSc Finance still possible in my situation? (Bocconi, HEC, LSE, HSG....), Best one year finance master's, Should I apply to Germany as well?, One day to decide: US or UK?