With demand in tech, pharma and finance and being an European hub for the same, there are promising career courses in Ireland offering great opportunities
Facts about Ireland
- Ireland is the North-West of Europe.
- Capital of Ireland is Dublin.
- Cork, Galway, Maynooth & Limerick are some of the famous cities in Ireland.
- Irish and English are the Official languages.
- EURO is the official currency
- Post study work visa for Masters is of 2 years.
- Post study work visa of Bachelors (Hons) is of 1 year.
- Change to get indefinite right to stay (similar to permanent Residency)
Why should you study in Ireland?
- Ireland is ranked 12th in the world Happiness Index on the Global Peace Index; Fourth in the world in terms of safety and security
- Friendly and English speaking Country.
- According to the OECD 2019 Education report, young Irish people have the world’s fourth highest educational standard.
- According to the Bloomberg Innovation Index2020, Ireland is one of the world’s 16 most innovative countries.
- Dublin, Ireland’s capital city, is the starting point for exploring the Wild Atlantic Way and Ireland’s Ancient East.
- It is also the gateway to mainland Europe, with frequent and affordable flights.
- Ireland attracts the world’s leading organizations and is home to five of Forbes’ top ten companies: Apple, Google, Alphabet, Amazon, and Samsung.
- Work Entitlement:
- Part time :20 hrs per week (while studying)
- Full time :40 hrs per week (during vacations)
- Stay-back options:
- 1 year for undergraduate students
- 2 years for postgraduate students
Ireland – A Global Commerce Hub
- Have a proven track record as a successful location for world-leading, established and high-growth multinational corporations from all over the world.
- Ireland is ranked fifth in the world for business efficiency (IMD world Competitiveness yearbook 2020)
- 9 of the top 10 global software companies have their European Headquarters in Ireland.
- 9 of the top 10 US technology companies have their European Headquarters in Ireland.
- 14 of the top 15 Medical Devices companies are from Ireland.
- All the top 10 Pharmaceutical companies are in Ireland.
- The top 5 Global software companies are in Ireland.
Job Oriented Programmes & Opportunities
- The Irish economy has seen increased demand in a variety of industries, including financial services, life sciences, engineering, pharmaceuticals, and technology.
- Ireland is the world’s second most attractive country for FDI, behind only Singapore. Many companies, including Google, HP, Apple, IBM, Facebook, LinkedIn, Twitter, Pfizer, GSK, and Genzyme, have made Ireland their European headquarters.
- Membership in the European Union is a significant benefit of establishing a business in Ireland (EU).
- This provides businesses with access to over 500 million potential customers.
- Many companies have chosen Dublin as the location for their regional headquarters and software development centers due to the success of the Irish technology industry and low tax rates of 12.5% compared to 28% and 35% in the USA and UK, respectively.
- It also assists businesses in increasing profits, which has resulted in an increase in demand for software developers and engineers.
- Some of the most popular courses in Ireland are data science, cloud computing, artificial intelligence, business analytics, pharmaceutical technology, and healthcare.
- This course is very popular among students because it combines analytics, business intelligence, and computer programming.
- Business analysts are in high demand across industries such as IT, banking, e-commerce, and telecommunications, among others, because each sector is looking for people who can support and enhance their operations.
Possible Career Path: Business Analyst, Data Scientist , Financial analyst, Acquisition Analyst, Statistician.
Big Data Analytics/Data Science
- With many major IT companies headquartered in Dublin, it provides opportunities for all international technology students who wish to work with such MNCs.
- This course covers a wide range of topics, including statistics, mathematics, intelligent data capture techniques, data cleansing, mining, and programming, in order to prepare and align big data for intelligent analysis in order to extract insights and information.
Possible Career Path: Data Analytics, Business Intelligence Analyst, Big Data Engineer, Technical Product Manager, Big Data Architect, Data Analytics Consultant, Data Scientist, and IT Operations Manager.
Investment Banking and Finance
- Dublin is home to a number of the world’s leading investment banks and asset management firms, which has increased the demand for people who can work in the risk and compliance departments.
- There are numerous opportunities for students to work in finance and investment banking. Some notable employers in Ireland include Barclays and Bank of America Merrill Lynch.
Possible Career Path: Financial Analyst, Financial Regulator, investment or Corporate Finance Banker, Retail Banker.
- The country’s pharmaceutical industry is a balanced mix of international and domestic firms, with 120 foreign players having manufacturing facilities in Ireland. This also includes nine of the world’s top ten pharmaceutical companies.
- Pharmaceutical Science degree courses comprise the Study Biochemistry, physiology, pharmacology, toxicology,analytical and medicinal chemistry, which develop the skills required for individual and collaborative research in various pharmaceutical areas such as drug development.
- Graduates take up employment opportunities in laboratory settings across a wide range of sectors,including manufacturing, research and development in the pharmaceutical, biopharmaceutical, cosmetic, forensic and environmental sectors, as well in the food processing and drinks industries.
Possible Career Path: Development Chemist, Process Chemist, Pharmacologist, Pharmacovigilance officer, Retail Pharmacist, Research, Teaching.
MedTech in Ireland
- Ireland has been recognized as one of the five global emerging MedTech Hubs.
- Over 100 facilities are operated by more than 85 pharmaceutical companies (including nine of the top ten).
- Ireland is the world’s seventh largest exporter of pharmaceuticals.
- With over 38,000 people employed in the sector, Irish companies are currently Europe’s largest employer of medical technology professionals.
- Ireland has a dynamic ecosystem in which academia, industry, clinicians, and government collaborate closely, allowing Ireland to thrive on the global stage.
- Medtronic relocated its corporate headquarters to Ireland in 2015, a contentious practice that saw companies relocate from the United States to lower their tax bills.
Management Course in Ireland
- Companies offering job opportunities after Msc in management in Ireland include Amazon, Bank of America, Bank of Ireland, and Morgan Stanley, indicating that if you are capable, you have a good chance of working for well-known companies.
- The courses offered by management universities in Ireland are well-connected to large industries, allowing students to work and intern at global start-ups and corporations.
- Many of the world’s leading high-performance companies, including Intel, Twitter, Pfizer, Citi, Huawei, Apple, Google, Fujitsu, and JP Morgan, are headquartered in Ireland.
Employment Rate & Salaries
- Ireland, in general, has a well-educated, English-speaking population that is also based in EU member states.
- Due to the high demand for skilled graduates and good education in Ireland, the country enjoys one of the lowest unemployment rates globally.
- The employment rate in the last quarter of 2022 was approximately 74%.
- The hourly minimum wage in Ireland is at least €11.90.
- Executive is the highest paying degree, with MBA graduates earning an average of €84,000 per year.
- Graduates with a BBA earn the least, with an annual salary of Euros 44,000, which is still fairly good.
- Some of the Graduates’ Median Salaries in Ireland is as follows:
- IT & software development :- €59,000
- Healthcare:- €63,000
- Programme and project management:- €67,000
- Finance and strategy:- €71,000
- Legal department:- €75,000
- Executive management and change:- €83,000
- Average starting salaries (approximate values)
- IT Graduates – €35,000 – €55,000
- Business Graduates -€ 25,000 – € 45,000
Promising Career Courses in Ireland
Following is the list of some of the most popular and in demand programs in Ireland:
- Data analytics
- Business analytics
- Data science & computation
- Computer science
- Cyber security
- Cloud computing
- Software Engineering
- Artificial Intelligence
- Pharmaceutical Regulatory Affairs
- Biopharmaceutical Technology
- Clinical Research
- International Business
- Finance/Financial Analytics
- Digital Marketing
- LLM (International Justice)