The HSI Limerick Business School has closed its doors with immediate effect after over 60 years of providing business education in the city.
Staff and students in the school were informed of the closure this morning.
Around five full-time staff and 30 part-time teachers will be affected by the closure of the school.
In a released statement, the HSI management said it was working with Griffith College in Limerick to accommodate all students who wish to continue their studies or who have applied for this year’s intake.
Any students with concerns are asked to ring either 061-310031(Griffith College) or 061-317822 (HSI).
The college said it had experienced trading difficulties as a result of the economic slowdown and also due to a decrease in demand for professional training and part-time courses.