NUI Galway victorious in Irish final of prestigious CFA Research Challenge
Thursday, 20 March 2014
A team comprised of 5 Masters in International Finance students from NUI Galway has won the Chartered Financial Analysts Ireland 2014 Research Challenge. The Research Challenge is an annual global competition that provides university students with hands-on mentoring and intensive training in financial analysis. Students gain real-world experience as they assume the role of a research analyst and are tested on their ability to value a stock, write an initiation-of-coverage report, and present their recommendations to a panel of leading financial services professionals. Speaking after their win, the team said that they had taken a very positive view of Ryanair plc. Anthony Patrick Saoud said their analyses suggested a potential share price of some €9.05 a share – an upside of 24% on the current share price. The team also indicated that they believed that Ryanair had secured an “incredibly strong” competitive position in the airline market in Europe and that current changes in the positioning of the company would lead to income growth from new charges. The President of the CFA Society Ireland, Ronan McCabe paid tribute to all the teams which took part in the exercise; “NUI Galway really had to earn their win this year as the overall standard of all the teams competing was exceptionally high.” Mr. McCabe thanked Ryanair for its willing participation in the competition as the company under review and Davy Stockbrokers who sponsored the competition. The winning team will now go on to compete in the European Middle East Africa (EMEA) Finals of the competition in Milan in early April. In addition to NUI Galway, teams from Trinity, UCD, UCC, Dublin City University, and Queens University Belfast took part in the Irish leg of the competition.
>> Read full story about NUI Galway victorious in Irish final of prestigious CFA Research Challenge
Customer Service as the Heart of Business
Wednesday, 12 June 2013
The J.E. Cairnes School of Business and Economics at NUI Galway recently hosted the 6th Executive MBA Masterclass entitled “Customer Service as the Heart of Business”. A panel of speakers shared their insights and personal experience of customer service, people and leadership in a discussion chaired by Dr Ann Torres. The panel discussed the critical role employees play in customer service delivery and that good leadership at all levels lies at the heart of successful organisations and effective customer service. Myles McHugh gave insights from his experience in a large semi-state organisation, Irish Rail while Oisin Browne gave insights on social media from the perspective of a fast-growing SME in the services sector with impressive internationalisation plans. Barry Walsh has worked for large MNCs and now provides specialised consulting advice and services to the SME sector. The chair, Dr Ann Torres, said “it was wonderful to learn from a panel of experienced practitioners about the role and importance of customer service as the heart of business and the importance of the human factor in delivering customer service excellence
>> Read full story about Customer Service as the Heart of Business
NUI Galway Only Regional MBA to Attain International Accreditation in Ireland
Thursday, 23 May 2013
NUI Galway has today (22 May) announced the attainment of the global AMBA accreditation for its MBA programme offered in the School of Business and Economics. AMBA provide the only dedicated accreditation regime for MBA Programmes and now positions NUI Galway against the best worldwide. The Association of MBAs (AMBA) accreditation is internationally recognised as the global standard for all MBA programmes. AMBA accreditation represents the highest standard of achievement in MBA education and is earned only by the best programmes. AMBA accredits 200 Schools in over 70 countries. “The number of MBA qualifications available worldwide is now in the thousands, but only a small percentage of these would achieve accreditation if they were submitted to our rigorous international criteria” says Mark Stoddard, Accreditation Manager at AMBA. The NUI Galway MBA is one of the leading management development programmes in the country. A general management programme which enhances and develops business and management capabilities while preparing students for strategic leadership roles, the programme places an emphasis on strategic decision making and develops practical and professional skills for success in increasingly complex environments. Speaking about the achievement, Dr Alma McCarthy, Executive MBA Programme Director, J.E. Cairnes School of Business and Economics at NUI Galway, said: “The NUI Galway MBA this year celebrates its 40th anniversary and it is fitting that we successfully attained AMBA accreditation demonstrating the world-class quality of our MBA programme. Employers and top business recruiters looking to acquire the best managers and future business leaders know that graduates of the AMBA accredited programmes have received the highest quality management education. We are proud to now confirm that to recruit a graduate from the NUI Galway MBA is to recruit top talent in Ireland.” Dr McCarthy added: “We know for students, the decision to study an MBA represents a major commitment, both in terms of time and money. This AMBA accreditation ensures that students' investments are rewarded with the finest MBA education available. We have constant engagement with the business community and our programme reflects and aligns with developments in industry both nationally and internationally. Our class sizes are kept small, our lecturers are leading experts in their respective fields and keep teaching relevant to the changing demands of the business world which overall results in greater one to one attention and learning experience.” Graduates of the NUI Galway Executive MBA have significantly advanced their careers with many being promoted, starting their own business, or changing careers after completing the programme. Applications for the next programme will be accepted from September 2013. Further information on the Executive MBA at NUI Galway is available athttp://www.cairnes.nuigalway.ie/mba/ ENDS //
>> Read full story about NUI Galway Only Regional MBA to Attain International Accreditation in Ireland
Two of top three places in Chartered Accountants Ireland Examinations to NUI Galway
Thursday, 7 March 2013
Two of top three places in Chartered Accountants Ireland Examinations to NUI Galway Aisling Curtin (2nd place) and Sarah Finnegan (3rd place) secured two of the top three places in the Final Admitting Examination of Chartered Accountants Ireland in 2012. Both students completed their undergraduate degree (BComm) and postgraduate degree (Master of Accounting) in NUI Galway. They are now employed in KPMG, Galway. Despite the current economic environment, the employment market for accounting graduates is excellent at present and 48.4% of all graduate jobs are in the Accountancy and Financial Management Sector, according to Gradireland 2012, graduate salary and recruitment trends survey. Virtually all students on the Master of Accounting programme have secured employment before they finish the programme. The small class size on the Master of Accounting programme is ideal for developing excellent interpersonal skills and enabling an in-depth understanding of technical issues and alumni from the programme have been very successful over the years in professional accountancy examinations.
>> Read full story about Two of top three places in Chartered Accountants Ireland Examinations to NUI Galway
Coca-Cola Executive Vice President visits NUI Galway Business Students
Wednesday, 21 November 2012
Bachelor of Commerce graduate and Executive Vice President of The Coca-Cola Company, Irial Finan took time during a business trip to Ireland this week to visit his Alma Mater, the J.E. Cairnes School of Business & Economics at NUI Galway. Mr Finan, who is also President of President of the Bottling Investments Group and Supply Chain, was on hand to talk to students of the Masters in International Management, passing on his valuable expertise in the arena of international management. The Roscommon native is responsible for managing a multi-billion dollar internal bottling business, the Bottling Investments Group (BIG), which has operations on four continents, with revenues of over $8 billion and employs in excess of 60,000 people. Additionally, he is responsible for stewarding the Company's equity investments. Dr Paul Ryan, Programme Director of the MSc (International Management) was delighted to have Mr Finan address the class saying, "The aim of the programme has always been to bring real learning into the class room. The insights he was able to provide, leading a company with a portfolio featuring 15 billion dollar brands, will not only stand to our students in their studies but also in their future careers." Mr Finan commented that "The Coca-Cola Company operates in 207 countries and is truly both a global and a local company. We constantly challenge ourselves to remain relevant to our consumers. The ability to do business internationally across different cultures is a key feature of my role. I was delighted to share my thoughts with students in the institution which provided a springboard for my career".
>> Read full story about Coca-Cola Executive Vice President visits NUI Galway Business Students
Commerce Grad Scoops Emerging Entrepreneur of the Year Award
Friday, 2 November 2012
Paul Kenny NUI Galway Bachelor of Commerce graduate has been praised at a glittering business awards event held recently for his “awe-inspiring” vision, innovation, and commercial achievements. The comments were made at the 15th annual Ernst & Young Entrepreneur of the Year awards at the City West Hotel in Dublin last Thursday where former student Paul Kenny was announced the winner of the ‘Emerging’ category for his online coupon company, Dubai-based Cobone.com Speaking at the awards ceremony Frank O’Keefe, Ernst & Young partner-in-charge of the Entrepreneur of the Year programme, said: “It is a privilege to have publicly celebrated Paul’s incredible achievements together with our other 2012 finalists. These awe-inspiring entrepreneurs and innovators are proven winners and significant job creators. “By developing Cobone.com and Digiweb from their earliest incarnations to the international businesses that they are today, Paul has created enterprises that have become major players within the global e-commerce and telecoms sectors. Paul acknowledges the part his education in NUI Galway has played in his success saying “The Bachelor of Commerce gave me the basis of what I have achieved today” and that “NUI Galway not only gives you an excellent education but also gives you the platform to compete on a world level.” “Digital marketing entrepreneur Paul Kenny founded Cobone.com in 2010 at the age of just 25 and in the two years since the business has achieved phenomenal growth - in excess of 30 per cent, month-on-month, to become the leading daily deal website in the Emirates and break all e-commerce records in the Middle East and North Africa region.” Following a family holiday in Dubai, Mr Kenny received a number of job offers and soon established a fine reputation in online marketing. Having successfully secured seed funding from Jabbar Internet Group, the Cobone.com business began by offering online, daily deal ‘coupons’ to consumers within the United Arab Emirates for products and services. From the outset, Cobone.com grew rapidly, soon becoming a leading daily deal website and breaking all e-commerce records in the Middle East and North Africa (MENA) region. As of April 2012, Cobone.com had saved its customers more than $50 million and sold almost one million coupons.
>> Read full story about Commerce Grad Scoops Emerging Entrepreneur of the Year Award
Top Business Junior Certs quizzed at NUI Galway
Monday, 22 October 2012
The Chartered Institute of Management Accountants (CIMA), Business Studies Teachers Association of Ireland (BSTAI) and NUI Galway Western Region Schools Quiz took place recently in the J.E. Cairnes School of Business and Economics at NUI Galway. Sixteen schools, with a total of 28 teams took part and competed from all over the west, to determine who would represent the region in the National Finals in March. The table quiz was held for Junior Certificate students of Business Studies. Brian Duffy, Chairperson CIMA West of Ireland Branch, said: “At CIMA our relationships with education providers have always been crucial. We are delighted to have a leading role in this quiz which showcased the talents of second level business students in the West of Ireland.” Professor Willie Golden, Dean of the College of Business, Public Policy and Law at NUI Galway, said: “NUI Galway works closely with its regional hinterland and this is nowhere more evident that in the J.E. Cairnes School of Business and Economics. A defining part of all our student courses is the engagement with the local community. Working with the BSTAI and CIMA allows us to engage with second level students and foster their interest in business studies. I have no doubt that many of these students attending the event, will be amongst our leaders of the future.” Jennie Harrington, President of the BSTAI, commented: “I am delighted that so many business studies students took part in the CIMA Schools quiz. It is an opportunity for students to have fun while also revising for their Junior Certificate exam. I would like to thank CIMA for all their work in organising the quiz.” The winners on the night were Seamount College, Kinvara, Co. Galway, who took first place. They were followed closely in second place by Dominican College, Taylors Hill, Galway. Third place went to Presentation College, Athenry, Co. Galway. The top three teams from the regional final will now go on to compete in the National Finals, which will take place in March.
>> Read full story about Top Business Junior Certs quizzed at NUI Galway
EU Marine Economy Project launched in NUI Galway
Friday, 13 July 2012
The BMW Regional Assembly together with the Socio Economic Marine Research Unit (SEMRU) at NUI Galway hosted the inaugural meeting of the MARNET project at the J.E. Cairnes School of Business & Economics, NUI Galway on July 11th and 12th last. MARNET (Marine Atlantic Regions Network) is a 2.5 year collaborative transnational project involving maritime regions from the Basque country of Spain, Brittany in France, Stirling in Scotland, Porto in Portugal as well as the Border Midland and West region of Ireland. The BMW Regional Assembly is lead partner of the MARNET project which will map the value of the Atlantic marine economy through the development of reliable and comparable socio economic data. The €1.3m project involves the participation of marine researchers as well as Regional Authorities across the Atlantic Area. In Ireland the expertise of the Marine Socio Economic Unit at NUI Galway will be crucial in developing a framework from which new added value activities within the marine sector can be developed to add to the 17,000 jobs already supported by marine related activities in Ireland. MARNET will also complement the integrated plan for the Marine Economy launched in February 2012 by Minister for Agriculture, Food and the Marine, Mr. Simon Coveney, TD. The Plan aims to grow the marine sector and move from generating only 1.2% of GDP from this vast and diverse marine resource, which covers an area 10 times the size of Ireland’s land mass. Local Authorities with marine interests will benefit from the MARNET project through the development of practical initiatives aimed at growing the marine sector at a local level. The Project is part funded by the ERDF through the EU Interreg Atlantic Area Programme 2007-2013.
>> Read full story about EU Marine Economy Project launched in NUI Galway
Irish Centre for Social Gerontology launches new report series
Friday, 6 July 2012
The 2011 Census shows that more than two out of every five people aged 65 and over lives in a rural community. Surprisingly, relatively little is known about the situation of this important demographic group. The Rural Ageing Observatory at NUI Galway’s Irish Centre for Social Gerontology is seeking to fill some of the gaps in knowledge on rural ageing. This week it launched the first two reports in a series that, in time, will provide vital information about the ageing population in rural Ireland. The first of the short reports focuses on key demographic trends and issues facing rural older people. The second report summarises evidence relating to income, poverty and deprivation of Ireland’s older rural population. Launching the reports, Professor Thomas Scharf, Director of the Irish Centre for Social Gerontology said: “More than 200,000 people over the age of 65 live in rural communities across Ireland. In the autumn, the government will be launching its National Positive Ageing Strategy. It’s important that this is a strategy for older people wherever they live – in rural as well as in urban communities. Greater awareness of the circumstances of rural older people, in particular, is essential if the right policy measures are to be adopted.” Both reports are available online at www.icsg.ie
>> Read full story about Irish Centre for Social Gerontology launches new report series
Fulbright Scholarship for Dr Stephen Hynes
Thursday, 5 July 2012
Chair of the Fulbright Commission in Ireland, Una Halligan, congratulates Dr. Stephen Hynes of the J.E. Cairnes School of Business and Economics on being awarded a 2012/2013 Fulbright Scholarship at a ceremony held recently in the Royal Hospital Kilmainham, Dublin. Dr Hynes will undertake research at the Center for the Blue Economy (CBE) in the Monterey Institute of International Studies, California, in the area of marine economics and ecosystem service valuation.
>> Read full story about Fulbright Scholarship for Dr Stephen Hynes
NUI Galway MBA wins Prestigious National Competition
Tuesday, 26 June 2012
A team from the NUI Galway Executive MBA class are the proud winners of the MBA Association of Ireland National Strategy Competition 2012 held in DublinSaturday 23rd June. This is an outstanding achievement for the winning team, the Executive MBA programme, the School, and the University. The win follows NUI Galway’s success in 2010, when it last entered the competition. The winning team members are: Myles McHugh, Suzanne Ryan, Mike Parkinson, Ashwin Kher and Roger Sweetman. “This excellent achievement is testament to the quality of teaching on the programme and I would like to congratulate all involved in teaching the 2010-2012 MBA class” said Dr Emer Mulligan, Head of School. Many of the best business schools on the Islandof Irelandtook part in the competition including the SmurfitGraduateSchoolat UCD and UCC. The competition required the team to prepare a strategic analysis and presentation on a Harvard Business Case (eBay, Inc and Amazon.com) over four hours and then present to a panel of judges. Commenting on the win by the NUI Galway team, Dr Alma McCarthy, MBA Programme Director stated that “the NUI Galway Executive MBA curriculum has a very strong focus on strategy and prepares students to excel as business and strategy analysts. Winning the MBAAI National Strategy Forum Competition 2012 reinforces the excellent teaching and learning standards provided to students on our programme”.
>> Read full story about NUI Galway MBA wins Prestigious National Competition
Changing Generations Seminar in NUI Galway
Tuesday, 24 April 2012
‘What can my generation contribute to the future of Ireland?’ The key question arising from the European Year for Active Ageing and Solidarity between Generations 2012 Family is a central, and in some cases, the most important shock absorber for those affected by the recession according to findings from a new research study entitled Changing Generations. Interest group members from throughout Ireland gathered in Galway today to attend the Changing Generations seminar to discuss how solidarity between generations helps in coping with and overcoming the recession. Facilitated by Dr Gemma Carney, NUI Galway and Dr Catherine Conlon, Trinity College Dublin, the event brings to the public domain insights from interviews with 100 ordinary people, from all walks of life and every age group. This two-year study highlights that: - There is strong solidarity between the younger and the older generations in Irish society. Older research participants advocate enhanced supports for younger people, especially educational investment into children from disadvantaged backgrounds and better access to health care for families. Younger participants are strongly supportive of maintaining or even enhancing supports for older people. - Family is a central, and in some cases the most important, shock absorber for those affected by the recession. For instance, the project data gives insights into practices of 'quick loans' between family members. Three-generational households and adult children moving back into parental homes also feature in project data. Those without a family network find imagining a positive future for themselves more difficult. - There is widespread distrust in the ability of Irish policy-makers to rectify unfairness in how resources are currently allocated. There is a widely shared perception that 'insiders' and politicians are out-of-touch with the lives of ordinary people in Ireland. An informed public discussion on the importance of solidarity between the generations to the future of Ireland is long overdue. This event offers citizens from all walks of life and of all ages an opportunity to engage with a positive programme of work for Ireland’s future. Leading expert Professor Virpi Timonen, Director of the Social Policy and Ageing Research Centre at Trinity College Dublin, commented: “This event is of great importance in initiating a future-oriented discussion on what sustains us in this deep recession, and what will get us out of it. For most people, family is the central resource that helps them to cope. This is a strength of Irish society, but it also places people in very different positions as some families are under huge pressure, while others are better resourced to give support in the form of time, advice and money. This reliance on the family is therefore also a source of inequality in Irish society”. The project data corroborates and gives in-depth illustration of many of the findings from the Irish Longitudinal Study on Ageing (TILDA), which has provided evidence on extensive exchanges of help and support between older and younger family members in Ireland. The Changing Generations research project is part of an increasingly important area of scientific research that explores relations between Ireland’s generations. Designed as a longitudinal study, the research aims to build the evidence base necessary to inform public opinion on solidarity between the generations. Professor Tom Scharf of NUI Galway is an expert on ageing and the social policy of later life. His work takes a life-course perspective, which calls on policy-makers to start planning now for the future needs of children born today, and to consider the past experiences of older people when legislating for today’s ageing populations. “The preliminary findings from this research show that we need to start thinking about how policy can be developed with inter-generational transfers in mind, taking account of the role of family and community in providing social protection throughout our lives” said Professor Scharf. As part of our commitment to raise public awareness around solidarity between generations, the Changing Generations research team has invited all members of Irish society with a stake in its future to take part in a citizen deliberation in NUI Galway today (Tuesday, 24 April). Participants include Youthwork Ireland, National Youth Council of Ireland, Active Retirement Ireland, Living Scenes intergenerational project, Irish Senior Citizens Parliament and many others who are not representing any organisation but who wish to take part in this important discussion. The guest speaker is Vicki Titterington, from the Beth Johnson Foundation, UK-based organisation that has been leading the way in promoting intergenerational practice for forty years (http://www.bjf.org.uk/). Vicki runs the Linking Generations project in Northern Ireland and will speak about the importance of intergenerational work before the deliberations begin. The event will take place in the Aula Maxima, NUI Galway, between 12pm and 4pm. The event is free. Registration is open from 11.30am when a light lunch will be served. To find out more about the Changing Generations event log onto http://www.sparc.tcd.ie/generations/
>> Read full story about Changing Generations Seminar in NUI Galway
Students Engage in Innovation, Creativity and Enterprise
Tuesday, 17 April 2012
For the third consecutive year the J.E. Cairnes School of Business and Economics at NUI Galway has partnered with local businesses to provide students with the opportunity to learn real-life business through an 'Innovation, Creativity and Enterprise’(ICE) initiative. ICE is a module available to all final year students of Commerce and Business Information Systems programmes. As part of their final year of studies, over 400 students are given the opportunity to innovate in all aspects of business and community enterprise with the support of 30 mentors from local business and community leaders. The students engage in group-based projects requiring them to devise a unique enterprising idea. Each of the mentors are assigned a project group and in turn required to advise the students with the development of each idea. Michael Campion, ICE Module Director at the J.E. Cairnes School of Business and Economics said: "The overall objective of the Innovation, Creativity and Enterprise course is to encourage self-confidence in students of business in their ability to be creative and innovative in whatever future business and/or community settings that they are working in." As a competitive part of the module, groups of students were required to present the innovation projects to mentors through a number of judging stages, resulting in the selection of five finalist groups who competed for a prize fund of €4,000, sponsored by the Chartered Institute of Management Accountants (CIMA). The overall winners were Bruce Brady, Oranmore, Co. Galway; Gerard Harlow, Roscommon; Leszek Majewski, Galway and Kevin Moylan, Galway. Their project 'On Time System’ – is a new mobile software application that alerts users to impending library fines. Commenting after the final, Norman Black of JFC Manufacturing and one of the final adjudicators, said: “The calibre of presentations, research, innovation, entrepreneurial ability and presentation of business plans far exceeded my expectations. Different teams excelled in presentations, market research, product concept and idea generation. As a result it made the task of judging very difficult as there was so little to separate all of the finalists.” The Innovation, Creativity and Enterprise module is part of a wider initiative within the J.E. Cairnes School of Business and Economics, supported by funding from the NUI Galway Students Projects Fund, to focus on student personal development planning, and employability skill development. ENDS
>> Read full story about Students Engage in Innovation, Creativity and Enterprise
International Experts Meet To Discuss The Future of Modern Democracy
Wednesday, 14 March 2012
Is modern democracy still democratic? That is the question being explored this week at a symposium being held at the National University of Ireland in Dublin. The symposium, entitled ‘Beyond the Ballot’: forms of citizen engagement between democratic elections is the initiative of the participatory and deliberative democracy specialist group of the Political Studies Association of Ireland, led by Dr Clodagh Harris from Department of Government, UCC and Dr Gemma Carney from the Irish Centre for Social Gerontology at NUI Galway. The symposium will explore how the collapse of social partnership and the signing of EU-IMF deals has pushed relationships between the government and ordinary voters in Ireland into a state of crisis. Dr Gemma Carney of NUI Galway’s Irish Centre for Social Gerontology: “This does not sit with international rhetoric that 'People Matter.' The idea that people matter; that ordinary citizens should have a direct influence over how decisions are made in a democratic system is supposedly a cornestone of UN, EU and national government policies. But does that hold true in practice?” The rise of e-democracy, forms of public protest, new political movements arising in response to a feeling of powerlessness would seem to suggest that people are becoming ever further removed from and disillusioned by their governments. Papers presented by leading international and national experts on deliberative and participatory democracy will address these issues and discuss new institutional and civil society mechanisms to enhance citizen engagement such as the G1000 Belgian citizens’ summit, The ‘We The Citizens’ Citizens Assembly and the Claiming our Future movement. The symposium takes place on Thursday, 15 March in the NUI offices on Merrion Square in Dublin 2, and the keynote speech, by Professor Jurg Steiner of the University of North Carolina on the praxis of deliberation, will be delivered at 10.15am, with other panels and presentations to follow. Ends
>> Read full story about International Experts Meet To Discuss The Future of Modern Democracy
NUI Galway Awards Business Certificate to 200 Junior Certificate Students
Thursday, 16 February 2012
Students from across Connaught who received an A in Junior Certificate Honours Business Studies, were presented with Certificates of Achievement from the College of Business, Public Policy and Law, NUI Galway recently. The presentations, in association with the Business Studies Teachers Association of Ireland (BSTAI), were made at a recent special ceremony at the University which included teachers and parents. This is the second year NUI Galway has presented these awards and 200 students received recognition for their achievement at the ceremony. The certificates were awarded to students from over 55 individual schools throughout the counties of Galway, Leitrim, Mayo, Roscommon and Sligo. Dr Willie Golden, Dean of the College of Business Public Policy and Law, NUI Galway, who presented the certificates to each individual winner, said: “NUI Galway’s international success is built on a strong and enduring relationship with its hinterland, and a commitment to working with all stakeholders in the community. We are continuously updating our suite of business programmes to ensure we stay ahead of market changes and industry demands. I congratulate all the students on their achievement and also the work of teachers in helping students achieve their potential.” Mary O’Sullivan, President, BSTAI said “The BSTAI are delighted to partner with NUI Galway to host this ceremony which celebrates and recognises academic excellence in Business Studies at a young age. I have no doubt that many of today’s award recipients will embark on successful careers in the business world.”
>> Read full story about NUI Galway Awards Business Certificate to 200 Junior Certificate Students
State's solvency faces rigorous test on international markets
Friday, 10 February 2012
Ireland is fundamentally solvent, but the inclusion of bondholders in the bank guarantee scheme means that our creditworthiness will be tested over the coming months..... Read the full article by Prof John McHale in the Irish Time
>> Read full story about State's solvency faces rigorous test on international markets