University College Cork is planning a major expansion of its business school with a planned €120m ($135.5m) investment.
The institution will be providing half the sum itself, and is currently seeking other funding options from the state and private sector to raise the remaining €60m.
The investment is the latest move in a competition between Irish universities on providing the top business school. Cork has had a long standing rivalry with University College Dublin on which institution has Ireland’s premier business school, while Trinity College Dublin has recently announced a €70m investment into its own business school.