Immigrating to Ireland, choosing a major for your children's studies that leads to high-paying future employment is a wise decision, and aviation and finance are excellent choices. As a political, economic, and cultural hub, over 50% of global financial institutions have chosen to establish branches in Ireland, with more than 250 of them located in the Dublin International Financial Services Centre. Among Ireland's finance-related sectors, the Irish aviation finance major is undoubtedly a rapidly developing industry, offering enviable job opportunities upon graduation.
Ireland is one of the world's major financial centers and the seventh-largest financial services provider in the European Union. Currently, 250 global financial institutions have established operations in Ireland, including Merrill Lynch, Citibank, and JPMorgan Chase. According to data from the Irish Banking Federation, as of 2012, the total assets of multinational financial institutions in Ireland amounted to 327 billion euros, accounting for 37.5% of the total assets of the Irish financial industry. Finance or related industries are one of the four pillar industries of the Irish economy, offering very broad employment prospects.
The aviation finance industry is a major feature of Ireland's financial sector. Ireland is the world's largest aircraft leasing market, with over 50% of the world's commercial aircraft owned or managed by aviation finance companies based in Ireland. Nine of the world's top ten aviation leasing companies have established branches in Ireland, managing total assets exceeding 83 billion euros. It is understood that in 2010, the Industrial and Commercial Bank of China (ICBC) established ICBC International Leasing in Ireland, leveraging Ireland's unique advantages in aircraft, ship, and large equipment leasing to expand its European leasing market business, and providing leasing and financial services for Chinese enterprises investing in factories in Ireland, product exports, and Irish enterprises investing in China.