Agreed. I have a degree in Chemical & Process Engineering and in most countries graduates with this qualification would work in a wide range of industries (oil & gas, dairy, bulk chemical production, metals, refining, food & beverage, water treatment, waste treatment, power, renewables) but here in Ireland all of these industries are tiny in comparison to the pharmaceutical market with the result that over 80% of my class are now working in jobs related to this industry. For such a broad based degree to be dominated by one single industry shows how lopsided the long term economic strategy in this country has been with regards to manufacturing. In other words, if the pharma companies start pulling out the same was as the electronic assembly plants have been doing, then this country is going to be in even bigger trouble.
As stated in the previous post you can't really go wrong with anything IT based (if nothing else, you can pretty much work anywhere in the world with it) but if you want to go with an engineering qualification then look into the new sustainable energy courses that are popping up everywhere (wind/solar/wave technology) or water and waste water treatment. Neither of these are creating much jobs at the moment but I believe both will take off in the next few years. In terms of scientific research places like the
Tyndall institute in Cork are doing a lot of cutting edge work in the field of nanotechnology.