Careers rarely develop the way we plan them. Our career path often takes many twists and turns, with particular events, choices and people influencing our direction.

We asked Kerrie Horan from Intel to give some advice for people considering this job:

 

Kerrie Horan

Engineer - Process

Intel

Read more

  Kerrie Horan

A day for a Process Engineer at Intel can range from spending all day in what we call our 'bunny suits' or space suits as most people would recognise them as or a day of juggling meetings with working on long term projects that have a quality improvement for your product or have a cost saving for the factory. The key thing is to be adaptable, be organised and be able to communicate your plans clearly and concisely. You will be your own boss in many instances as an engineer and it is up to you to get the job done and do it well, while at the same time meeting goals and challenges that are set for the factory.

The great thing about a process engineer at Intel is that much or your work can be done remotely, which means you don't have to sit at your desk all day allowing you to get in to the machines and get stuck in. One should also be aware that you will be continuously learning in this sort of environment. Because our technology is so up to date we are always making changes to make this possible. Our products will range from mobile phone chips to top of the range computer chips so we need to be able to make changes to meet the demands of what the market is looking for.

Close

Social?
Social 
The Social person's interests focus on some aspect of those people in their environment. In all cases the social person enjoys the personal contact of other people in preference to the impersonal dealings with things, data and ideas found in other groups.

Many will seek out positions where there is direct contact with the public in some advisory role, whether a receptionist or a counsellor. Social people are motivated by an interest in different types of people, and like diversity in their work environments. Many are drawn towards careers in the caring professions and social welfare area, whilst others prefer teaching and other 'informing' roles.
All Courses
PLC Progression Routes
PLC Points Calculator
CAO Points Calculator
CAO Video Guide

Ballsbridge College of Further Education 
Pulse College 
National Fisheries College of Ireland 
Career Interviews
Sector Profiles
School Subjects (LC)
College Courses
Close
Study Skills
Other
Work Experience (School)
CV & Interview Preparation

Occupation Details

logo imagelogo image

Economist / Economist EU

Job Zone

Education
Most of these occupations require post-graduate qualifications. For example, they may require a masters degree, and some require a Ph.D., or M.D.

Related Experience
Extensive skill, knowledge, and experience are needed for these occupations. Many require more than five years of experience. For example, surgeons must complete four years of college and an additional five to seven years of specialised medical training to be able to do their job.

Job Training
Employees may need some on-the-job training, but most of these occupations assume that the person will already have the required skills, knowledge, work-related experience, and/or training.

Job Zone Examples
These occupations often involve coordinating, training, supervising, or managing the activities of others to accomplish goals. Very advanced communication and organisational skills are required. Examples include librarians, lawyers, aerospace engineers, wildlife biologists, school psychologists, surgeons, treasurers, and most scientists.

€27k > 96 
Economist
Salary Range
(thousands per year)*
€27 - 96 
Related Information:
Monthly salaries in the EU Institutions range from around 2,600 per month for a newly recruited AST/SC 1 official to around 16,000 per month for a top level AD 16 official with over four years of seniority.
Each grade is broken up into five seniority steps with corresponding salary increases. Basic salaries are adjusted annually in line with inflation and purchasing power in the EU countries.
For example, the monthly salary level for entrants at AD Grade 5 is 4,349 rising to 5,568 at Grade 7.
As the name may suggest the basic monthly salary is just the starting point to remuneration associated with EU jobs as an employee may be entitled to allowances. All payments are subject to relevant tax and charges.
For information on salary scales in the public sector please see www.publicjobs.ie.
Data Source(s):
payscale.com

Last Updated: April, 2014

* The lower figures typically reflect starting salaries. Higher salaries are awarded to those with greater experience and responsibility. Positions in Dublin sometimes command higher salaries.
Shortage Indicator

Actuaries, economists and statisticians specialising in big data analytics with skills in IT, data mining, modelling, and advanced maths or related and relevant specialist skills, qualifications or experience

4%
Occupational Category

Actuaries, Economists & Statisticians; other Business Professionals

Also included in this category:

Actuarial consultants; economists; statistical analysts; researchers; researchers (journalism); consultants (research); policy advisers (government); librarians; archivists and curators

Number Employed:

7,400

Part time workers: 5%
Aged over 55: 19%
Male / Female: 46 / 54%
Non-Nationals: 17%
With Third Level: 91%
Return to List
Saves this course to your Career File if you are registered.

At a Glance... header image

Analyses financial information to forecast future economic trends.


Videos & Interviews header image

1Total Records: 2

William Hynes
Senior Economist  

William's career began at Trinity College Dublin, where he was a student in economics for six years. He continued his studies and research through a Marie Curie Fellowship at the London School of Economics and obtained a doctorate at Oxford University. In October 2014, William became a senior economist working on New Approaches to Economic Challenges (NAEC) in the Office of the Secretary General.

Go to Interview  
 
Allen Monks
Economist  

Allen achieved a BA in European Business in Dublin City University and subsequently an MA in Economics in University College Dublin. After completing the MA, he secured a traineeship to work at the European Commission. He now works on the country desk for the Czech Republic in the Directorate-General for Economic and Financial Affairs (DG ECFIN) where his day-to-day work is centred on macroeconomic analysis of that country.

Go to Interview  
 

The Work header image

The identification of trends in economic activity and the analysis of their implications form the greater part of the Economist's work in the public service and industry.  
 
The following are some examples:

    • Advising government, employers, or trade unions on prices, the cost of living, profits, wages, etc.
    • Advising government or businesses on the course of demand for particular products.
    • Interpreting and predicting macroeconomic events for government, research institutions or business.
    • Giving advice to companies (public or private) about the choice between alternative investment projects.
    • Advising on resource planning in general - transport policy, energy policy, etc.
    • Working in an administrative or technical capacity in international organisations such as EU, OECD, Central Bank.
    • Conducting program evaluations for governments (e.g. Employment action plan)
    • Advising the government on its policies on poverty and social inclusion.


Reappraisal of the theoretical foundations and statistical techniques of analysis links the professional interest of the government and industrial economist with those of colleagues in research and universities.  
 
Alternatively, an economics graduate may choose a career other than that of a professional economist; a qualification in economics may be combined with other qualifications to form the basis of a career in administration, accountancy, business, journalism or teaching.

 


Tasks & Activitiesheader image

The following is a list of the most commonly reported tasks and activities for this occupation

bullet

Teach theories, principles, and methods of economics.

bullet

Study economic and statistical data in area of specialization, such as finance, labor, or agriculture.

bullet

Conduct research on economic issues and disseminate research findings through technical reports or scientific articles in journals.

bullet

Compile, analyze, and report data to explain economic phenomena and forecast market trends, applying mathematical models and statistical techniques.

bullet

Study the socioeconomic impacts of new public policies, such as proposed legislation, taxes, services, and regulations.

bullet

Supervise research projects and students' study projects.

bullet

Formulate recommendations, policies, or plans to solve economic problems or to interpret markets.

bullet

Develop economic guidelines and standards and prepare points of view used in forecasting trends and formulating economic policy.

bullet

Provide advice and consultation on economic relationships to businesses, public and private agencies, and other employers.

bullet

Forecast production and consumption of renewable resources and supply, consumption and depletion of non-renewable resources.

Work Activities header image

The following is a list of the most commonly reported work activities in this occupation.

bullet

Analyzing Data or Information:  Identifying the underlying principles, reasons, or facts of information by breaking down information or data into separate parts.

bullet

Processing Information:  Compiling, coding, categorizing, calculating, tabulating, auditing, or verifying information or data.

bullet

Updating and Using Relevant Knowledge:  Keeping up-to-date technically and applying new knowledge to your job.

bullet

Getting Information:  Observing, receiving, and otherwise obtaining information from all relevant sources.

bullet

Making Decisions and Solving Problems:  Analyzing information and evaluating results to choose the best solution and solve problems.

bullet

Interpreting the Meaning of Information for Others:  Translating or explaining what information means and how it can be used.

bullet

Provide Consultation and Advice to Others:  Providing guidance and expert advice to management or other groups on technical, systems-, or process-related topics.

bullet

Thinking Creatively:  Developing, designing, or creating new applications, ideas, relationships, systems, or products, including artistic contributions.

bullet

Identifying Objects, Actions, and Events:  Identifying information by categorizing, estimating, recognizing differences or similarities, and detecting changes in circumstances or events.

bullet

Training and Teaching Others:  Identifying the educational needs of others, developing formal educational or training programs or classes, and teaching or instructing others.


Knowledge header image

The following is a list of the five most commonly reported knowledge areas for this occupation.

bullet

Economics and Accounting:  Knowledge of economic and accounting principles and practices, the financial markets, banking and the analysis and reporting of financial data.

bullet

Mathematics:  Knowledge of arithmetic, algebra, geometry, calculus, statistics, and their applications.

bullet

English Language:  Knowledge of the structure and content of the English language including the meaning and spelling of words, rules of composition, and grammar.

bullet

Computers and Electronics:  Knowledge of circuit boards, processors, chips, electronic equipment, and computer hardware and software, including applications and programming.

bullet

Education and Training:  Knowledge of principles and methods for curriculum and training design, teaching and instruction for individuals and groups, and the measurement of training effects.


Skillsheader image

The following is a list of the most commonly reported skills used in this occupation.

bullet

Reading Comprehension:   Understanding written sentences and paragraphs in work related documents.

bullet

Writing:   Communicating effectively in writing as appropriate for the needs of the audience.

bullet

Critical Thinking:   Using logic and reasoning to identify the strengths and weaknesses of alternative solutions, conclusions or approaches to problems.

bullet

Mathematics:   Using mathematics to solve problems.

bullet

Speaking:   Talking to others to convey information effectively.

bullet

Systems Analysis:   Determining how a system should work and how changes in conditions, operations, and the environment will affect outcomes.

bullet

Judgment and Decision Making:   Considering the relative costs and benefits of potential actions to choose the most appropriate one.

bullet

Active Learning:   Understanding the implications of new information for both current and future problem-solving and decision-making.

bullet

Complex Problem Solving:   Identifying complex problems and reviewing related information to develop and evaluate options and implement solutions.

bullet

Active Listening:   Giving full attention to what other people are saying, taking time to understand the points being made, asking questions as appropriate, and not interrupting at inappropriate times.

Personal Qualitiesheader image

You will need a sound grasp of economics, and thorough, methodical research skills. You must be able to express your findings clearly, both verbally and in writing. You must have good reasoning power, be computer literate, numerate and possess a quick understanding of facts.


Entry Routesheader image

An economist will initially have an honours primary degree in pure economics or with economics as a major part of their degree (B.Comm.), preferably with either first class honours or second class honours, followed by a postgraduate degree. Once they secure employment, they typically undertake a period of postgraduate practical training.

Employment can be found with a research institute such as the ESRI, a merchant bank, an insurance company or a stockbroker.

For those who wish to pursue a career in the academic world, a three-year course of study leading to a doctorate is essential after the Masters Degree programme.

Self-employment is also an option as is working with large bodies like the International Monetary Fund. 

Employment Opportunities in the EU

Working closely with senior decision-makers, EU economists deliver economic and statistical analysis and shape new strategies in areas such as:

  • financial institutions and markets
  • economic integration and development

EU Selection Procedure

Economics is often one of the fields included in the annual EU graduate selection procedure launched in spring each year. Find out more about the selection procedure here. Also, check "What's coming up" on the EPSO homepage for announcements about application deadlines. You may also find the 'sample tests' area useful.

EU Qualifications (indicative)

You must have:

  • A good command of at least 2 European languages (one of which must be English, French or German)
  • An economics degree (or be graduating in the current year) for entry at Grade AD 5
  • Several years’ relevant experience, to join us at a more senior level (Grade AD 7).
See: EPSO - European Personnel Selection Office - EU Career profiles - Economics / Statistics

Last Updated: July, 2014


Further Informationheader image

A detailed description of this occupation can be found on a number of online databases. Follow the link(s) below to access this information:

Note: you will be leaving the CareersPortal Site

Go..Economist - from:  EU Careers [Video]
Go..Economist - from:  N.C.S. [UK]
Go..Economist - from:  GradIreland
Go..Public Sector Economist - from:  icould [UK] Video

Related Occupationsheader image

Contactsheader image

bullet

Organisation: Economic and Social Research Institute (ESRI)
  Address: Whitaker Square Sir John Rogerson's Quay Dublin 2
  Tel: (01) 8632000
  Email: Click here
  Url Click here

bullet

Organisation: EU Careers - European Personnel Selection Office (EPSO)
  Address: Candidate Contact Service, Office C-80 00/40, B1049 Brussels
  Tel: +32 (0) 2 299 3131
  Email: Click here
  Url Click here

bullet

Organisation: European Movement Ireland
  Address: 8 Lower Fitzwilliam Street, Dublin 2,
  Tel: (0)1 662 5815
  Email: Click here
  Url Click here

bullet

Organisation: EU Jobs Ireland
  Address: Department of the Taoiseach, Government Buildings, Upper Merrion Street, Dublin 2
  Tel: 00 353 1 619 4335
  Email: Click here
  Url Click here

 

Job Search


Industry Expert


Career Articles

Senior Economist - OECD
Economic Analyst - European Commission
A day in the Life of an Econophysicist

Career Guidance

This occupation is popular with people who have the following Career Interests...


...and for people who like working in the following Career Sectors:

Business Organisation & Business Management
Banking, Insurance & Financial Services
Accountancy & Taxation
Civil & Public Service, Local Government, Politics & EU

Search for Related Courses from Qualifax - the National Learners Database

Go..


Higher Ed & CAO Course suggestions
If you are interested in this occupation, then the following courses may also be of interest. Note that these course suggestions are not intended to indicate that they lead directly to this occupation, only that they are related in some way and may be worth exploring.
Courses found: 46
Arts - Economics
TCD
Arts - Economics
University of Limerick - UL
Arts - Economics
University College Dublin (NUI) - UCD
Arts - Economics
NUI Galway
Arts - Economics
Maynooth University
Arts - Economics
University College Cork (NUI) - UCC
Aviation Management/ Aviation Management with Pilot Studies
DCU
Business Analytics
DIT
Business and Information Technology
IT Blanchardstown
Business and Information Technology
IT Blanchardstown
Business and Technology
Dundalk IT
Business Computing
Limerick IT
Business Computing
Dublin IT - DIT
Business Computing
Athlone IT
Business in Information Technology
Dublin Business School
Business Information Systems
GMIT - Galway-Mayo IT
Business Information Systems
Dublin Business School
Business Information Systems
NUI Galway
Business Information Systems
NCI
Business Information Systems
UCC (NUI)
Business Information Systems
Cork Institute of Technology
Business Information Systems
GMIT - Galway-Mayo IT
Business Information Systems (Cloud Computing)
Dublin Business School
Business Psychology
Athlone IT
Business Studies (Office Information Systems)
IT Tralee
Business Technology
Limerick IT
Business with Administration and ICT Skills (Mayo Campus)
GMIT - Galway-Mayo IT
Business, Economic and Social Studies
TCD
Computer Science and Business
TCD
Computing for Business
Athlone IT - AIT
Computing Systems Management
IT Carlow
Health and Safety Systems
NUI Galway
Information Technology Management
IT Tallaght
Irish Law
Independent Colleges
Law and Business
University College Cork (NUI) - UCC
Law and Business
TCD
Legal and Business Studies
Dublin Business School
Legal and Business Studies
Dublin Business School
Management of IT & IS - Online Flexible Learning
DCU
Management Science and Information Systems Studies
TCD
Occupational Safety & Health
IT Sligo
Occupational Safety and Health
IT Sligo
Quantitative Business
UCD (NUI)
Quantitative Business - Economics and Finance
UCD (NUI)
Science in Business Computing
NCI
Software Systems Development
Waterford IT