Archive for 16 October 2009

Funding to support the financial system

Posted in research with tags , , on 16 October 2009 by Steve

Ireland“One of the first conversations I had with Seán Dorgan, then the CEO of the IDA when I started in SFI, was related to a proposal that had come from the Department of the Taoiseach that more q research and training be carried out in the area of financial maths. The IFSC is a spectacular success story but it needed an extra layer of activities to keep it as a world leading location for financial transactions. The concern which had been expressed by the IFSC Clearing House Group and by an analysis of the future skills performed by Forfás was that the more routine administrative tasks at the IFSC would be moved to less expensive locations and hence that the IFSC should shift to higher levels skills in financial management as opposed to administration …” (more)

[Frank Gannon’s Blog, 16 October]

IBM locates major risk ‘collaboratory’ in Ireland

Posted in research with tags , , , on 16 October 2009 by Steve

Ireland“Computing giant IBM is establishing a new Risk Management Analytics research centre in Dublin that will collaborate with UCC, IRCSET, Science Foundation Ireland and the company’s other analytic centres across the globe. In an IDA Ireland-supported investment, IBM plans to utilise the vast expertise of its research labs – harnessing next-generation analytics and intelligent software – to develop enhanced methods and tools that will help companies in industries such as manufacturing, pharmaceutical, health care and government to better manage risk …” (more)

[John Kennedy, Silicon Republic, 16 October]

What does society want of universities?

Posted in Governance and administration with tags , , on 16 October 2009 by Steve

Ireland“If you have been persistent or kind enough to read this blog regularly since I started writing in June 2008, you will have noticed that one of the recurring themes has been the apparent tension between the universities and the expectations of the wider society. I would think that there is an easy consensus that universities are needed, and that their traditional core mission of educating young people is vital for the country’s well-being …” (more)

[Ferdinand von Prondzynski, University Blog, 16 October]

Number of students taking higher-level maths falling

Posted in teaching with tags , on 16 October 2009 by Steve

Ireland“The percentage of students taking higher-level maths in the Leaving Cert is continuing to decline, according to a new analysis by a leading educationalist. Only 16 per cent of students took higher-level maths last year, the lowest for any honours subject, according to Dr Seán McDonagh, a former director of the Dundalk Institute of Technology and of the Government’s Skills Initiative Unit …” (more)

[Sean Flynn, Irish Times, 16 October]

Ministers and senior officials in public sector face pay cuts

Posted in Governance and administration with tags on 16 October 2009 by Steve

Ireland“Government Ministers and senior officials in the public sector will face substantial reductions in pay, Minister for Finance, Brian Lenihan said last night. Mr Lenihan said that he had received the latest report by the body which examines pay levels for the higher grades in the public service, including politicians, civil servants, judges, university heads and executives of State agencies and bodies …” (more)

[Harry McGee, Irish Times, 16 October]

Explosion in student numbers to spark new fund crisis

Posted in Governance and administration with tags on 16 October 2009 by Steve

Ireland“The number of students going to college this year has exploded in the face of the recession – meaning that a €500m funding shortfall is certain to rise. Enrolments have jumped by about 6-7pc on 2008, with two in three 18-year-olds signing up for third level. Early indications are that universities, institutes of technology and other colleges have taken in up to 44,000 new students …” (more)

[Katherine Donnelly, Independent, 15 October]

Most students ‘happy with lodgings’

Posted in Life with tags on 16 October 2009 by Steve

Ireland“A report into student access to private rented housing has found a majority are happy with their accommodation. Students in the Private Rented Sector: What are the issues? found less than 18 per cent of students surveyed in Dublin expressed a preference for better quality accommodation …” (more)

[Fiona Gartland, Irish Times, 15 October]