Dublin Business School (DBS) in conjunction with Springboard+, have developed an intensive one-year Full-Time NFQ Level 8 award for a Higher Diploma in Science in Aviation Finance.
Demand for new aircraft continues to rise, with 17,000 aircraft estimated to be ordered globally over the next decade. This demand is being driven by passenger numbers that are predicted to double by 2030 to 73 million. An increasing critical factor in growth of the aviation industry are the aircraft lessors who now owe over 40% of the world’s fleet (versus 25% in 2000). Of the world’s top aircraft lessors, a remarkable 14 are based in Ireland. It is estimated that an Irish leased aircraft takes off every two seconds somewhere in the world.
Whilst this dominant market share is underpinned by the business and tax environments, it is also highly dependent on talent. As an industry focused educational institution, DBS sees itself as supporting the talent pillar of the Irish economy, and therefore Aviation Finance is a natural domain for the institution to explore the development of a new programme.
The Skills Strategy 2025 emphasises the ‘increasingly interdisciplinary nature of the world of work […] which overlaps in the skills required across different sectors and occupations’. Moreover, the Skills Strategy 2025 looks to transversal skills, basic, generic, core or practical skills as being the cornerstone for an individual’s personal development and the building blocks for the development of the hard, vocational or technical skills.
The Higher Diploma in Science in Aviation Finance, is underpinned by a strong foundation in leadership and emphasises the development of effective financial management skills to structure aviation leases, structured finance deals using Special Purpose Vehicles, managing aviation leases throughout the lease lifecycle, and being well positioned to contribute to the digital transformation of aviation leasing. The long-term career prospectus for those undertaking postgraduate studies in business, commerce or economics remain excellent with increasing numbers of undergraduates going onto further postgraduate studies.
