On The Apprentice, Lord Sugar, an attendee of the ‘University of Life’ routinely schools recent graduates about ‘the real world.’ However, in the ‘real world’, self-made billionaires are few and far between – and the ever-increasing number of graduates has actually heightened employer expectations.
It’s now almost a given that, to compete, business graduates must develop specialised knowledge in their chosen fields.
Increasingly, students are going on to fourth level and earning postgraduate degrees – which leads to a competitive jobs market where the right postgrad might be the key to your future.
So what should you look for?
A postgrad course that works with business leaders and has strong links to industry is a huge plus, providing the best of the ‘real’ and academic worlds.
The importance of networking cannot be understated. The perfect time to start forming industry ties for your career is before you start. A course which employs industry practitioners is invaluable to this end.
Business is a theory-rich area of study, and students can often be immersed in business models and diagrams. But conversely, careers in business and finance require real-world practice, client negotiation and analysis on-the-fly. To boost your career potential in an ever-changing environment, your postgrad course should provide you with both a foundation of theory and real-world experience.
The Kemmy Business School takes a unique, practical approach to ensure that students get the skills to put them ahead of their peers, for example through Ireland’s only purpose-built trading floor on-campus.
Many of our business courses are open to graduates from Arts and Humanities backgrounds, providing a mix of skills which is increasingly attractive to business employers.
Arts graduates could consider the MSc in Marketing, Consumption & Society, the MSc in International Management & Global Business, the MSc in Project Management or the MA in Business Management which is a conversion course for graduates from non-business undergraduate disciplines.
Other possible choices include the MSc in Human Resource Management or the MSc in Work & Organisational Behaviour/Psychology.
Potential career avenues include HR managers, recruitment, project management, marketing or international business.
Employability is another key criterion when choosing a path to postgraduate success in business.
The UL First Destination Report (a study of UL postgrads nine months after graduation), revealed that KBS postgrads have an 8-10 percent differential in employability, compared to undergraduate employment levels.
Money isn’t everything, we know, but potential earnings are certainly one consideration when making the decision to commit to a hard-earned qualification.
As the economy picks up, so too does pay for graduates – with an increase of €1,924 in the average salary levels for new graduates. The average salary was €27,434 with over 26 percent of graduates earning over €29,000.
Postgrads do considerably better with a €35,413 starting salary. After that, the sky’s the limit, especially in business, where opportunities are plentiful in a booming economy.
The right postgrad is the holy grail for business students and it will propel your potential as a future hire.
The right postgraduate programme will open your mind, challenge your thinking and help you grow professionally. For example, the MSc in Economics & Policy Analysis is the only Masters programme in Ireland to offer students the opportunity to obtain a double degree through the KBS partnership HEC Liège, one of Europe’s leading business schools.
The financial sector is thriving in Ireland – we are the fourth biggest exporter of financial services in Europe. Due to international needs, changing financial regulation and tech innovations, careers in finance are expanding to include opportunities across the board – including multilingual specialists, compliance, credit controllers, and business analysts.
The KBS faculty regularly reviews its course and modules with industry leaders to stay in line with industry trends. Popular postgrads in this field include the MSc in Financial Services, and the MSc in Computational Finance which can be a bridge for business undergraduates into the world of FinTech.
UL’s postgraduate courses are developed and reviewed with industry leaders, to make sure our students have the most up-to-date skillsets for up-and-coming careers.
The University boasts exceptional facilities and the highest quality academic standards, all in the vibrant and affordable city of Limerick. Click below to download your eBook and discover why UL is the number one choice for your business postgrad and future career.
University of Limerick