Digital Media, Technology, Financial Services, & Pharma Candidates in High Demand
The IDA has reminded candidates that as the CAO deadline looms closer (March 1st-for amending course choices), as students are assessing which course to take, they should consider that the digital media, technology, financial services and language sectors have experienced significant growth in recent years. The general skillsets of technology, engineering and languages will be very valuable in 3-4 years’ time as students enter the job market, according to IDA predictions.
The availability of skilled labour is one of the critical factors multinational companies take into consideration when deciding to invest in Ireland. Martin Shanahan, CEO, IDA Ireland, noted that there were 15,000 jobs created by multinational firms in 2014 and the skills in most demand to fill these positions were sciences, engineering, maths and technology.
The Expert Group on Future Skills Needs recently published a guidance document for Higher Education Providers detailing current and future needs of enterprise in Ireland. The first chapter of this comprehensive document deals exclusively with addressing the future demand for high level ICT skills (Information/Communication Technology Skills). In 2012, there were an estimated 68,280 ICT professionals in Ireland. The Expert Group forecasts that there will be an extra 44,500 job openings in this sector between 2013 and 2018.
There will also huge demand for mobile technology application developers as the number of mobile phone subscriptions in Ireland now exceeds the population.
Big Data and Analytics has the potential to become a major industry in Ireland The Irish Government has set out as one of its objectives for Ireland to become a leading country in Europe in regards Big Data and Analytics.
The Expert Group also expects that the supply of manufacturing related jobs will increase by 43,000 between 2013 and 2020. The subsectors which will experience the highest demand for skilled employees will be the Medical Devices, Bio-Pharma, Engineering, ICT and the Food/Beverage sectors, according to predictions.
Filling out a CAO form is a very important juncture in a person’s life and predicting what skills will be in high demand in 3-4 years’ time, when a person graduates, is of huge importance for both students and course providers alike.
To read more about IDA recommendations in regards CAO direction, please click here>>>