How to energise the economy.

(From Business and Finance)

Bill Hennessy, a partner with MERC Partners, examines the challenge for the academic world to channel and educate students in order to meet the future needs of the economy.

The global recession and the demand for qualified graduates in 2009 and beyond strongly indicate that job growth is most likely going to be in sectors such as energy, pharmaceuticals, information technology, e-commerce, healthcare (products and services) and general services industries.

On this basis, the demand for engineers and scientists will increase whilst that for law and commerce will fall off. Over the last 15 years, the booming economy has had a direct impact on career choices. In Ireland, graduate number trends between 1993 and 2004 showed that engineering is down by 4% but law and …