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Friday, December 01, 2017

Employers Want Machine Learning & Big Data Analytics Skills—This Online MBA Has It Covered | BusinessBecause - MBA Careers

Photo: Robert Klecha

"The UK’s Nottingham Trent University has incorporated cutting-edge classes on machine learning into its Online MBA with Data Analytics" inform Robert Klecha, reporter/Screenwriter at BusinessBecause.


Photo: BusinessBecause

Big data is perhaps the buzzword of 21st century tech. Big data is predicted to become the base of business competition in the future as machines have access to ever more data, and algorithms replace human decision-making.

At the same time, the US alone faces a shortage of up to 190,000 people with expert data analytics skills, as well as 1.5 million data-savvy managers and analysts, according to a McKinsey Global Institute (MGI) report. The demand for professionals with big data analytics skills is clear.

With this in mind, the UK’s Nottingham Trent University has incorporated a Practical Machine Learning Methods for Data Mining course, into its Online MBA with Data Analytics, to offer MBA students real insight into the world of big data.

Digitalization across industries encourages huge data capture and understanding how to analyze this information is vital to success, but there are still various issues holding back progress. The US healthcare industry, for example, was predicted in 2011 to be able to create $300 billion in value every year if the sector could use big data creatively. In 2016 however, MGI found that only 10-to-20% of the opportunities had been realized. A lack of talent, process and organizational change, incentives and regulations were blamed for the slow development.

This is precisely the kind of area that NTU is focusing on. As part of their machine learning specialized module, students are taught how to interpret diverse diagnostic information stored by hospital systems and biometric data to help inform patient care and drug development. 

Courses like Nottingham Trent University’s Online MBA with Data Analytics have never been so relevant. And with the demand for these skills outstripping supply, they’re only going to increase in value.
Read more... 

Recommended Reading

Luca (Left) graduated with an MBA from Copenhagen Business School in 2017.
Copenhagen MBA Starts New Career At Denmark’s Leading Renewable Energy Company by Thomas Nugent, Journalist at BusinessBecause.

"Luca Piccardi came across Ørsted—formerly DONG Energy—after a company visit during his MBA at Copenhagen Business School. Now, he works there."

Source: BusinessBecause