How an MBA Will Keep You Ahead of the Latest Business Trends | TopMBA.com

How an MBA Will Keep You Ahead of the Latest Business Trends

By Stephanie L

Updated May 22, 2019 Updated May 22, 2019

Sponsored by EU Business School

Being able to interpret business trends is vital when planning and strategizing your company or brand’s next move, but how can an MBA help with that?

Continuing your education is obviously the best way to stay relevant and aware of changes in the rapidly evolving business landscape, especially as the workplace becomes increasingly reliant on digital technology. According to the European Commission, nine out of 10 jobs in the future will require digital skills.

So, possessing these skills and using them to keep track of the latest business trends will ensure your career stays a step ahead of the competition. We spoke with EU Business School to find out more.

An MBA introduces you to the latest trends in the business world

Business schools know they must respond immediately to developments in society where technology, in particular, is having an immense impact on almost every sector.

At EU Business School, for example, whether a student studies the MBA in International Business or the MBA in International Marketing, they will learn the same core modules in order to gain a good grounding in the fundamentals of business and management. The ‘Business Strategy Simulation’ module, for instance, allows students to put their specialized business knowledge to the test using an online simulation program.

In their third term, students will have the opportunity to study their specialist subjects in depth. As part of the MBA in Blockchain Management curriculum, students undertake their very own project using blockchain technology to implement a new venture, or solve a current public issue – something which is significantly prevalent considering how developments in artificial intelligence technologies and cryptocurrencies are causing major disruptions with the traditional banking experience.

Make the most of digital technology and tools

Despite the complexities that come with digital innovations, they do throw up some exciting opportunities.

Digital banking, digital marketing and numerous other technologies such as e-business are all working towards making the shopping, banking, and marketing experience more personalized. But how does this actually work? 

Exploiting the use of readily available social media platforms for the benefit of a business is one avenue, while Google Analytics is also making it easier for trendspotting regarding markets and what consumers are buying (or not buying). The practically obsessive use of digital technology nowadays has become so embedded in everyday life that smaller companies and businesses are able to easily jump on the bandwagon too. 

To help you and your business stand out from the digital noise, the MBA in Digital Business at EU Business School offers modules such as, ‘Crafting the Digital Business Model’ and ‘Digital Business Architecture’. These allow students to design their own business model ideas using new digital models and strategies, as well as understand how businesses grow from small enterprises into multinational corporations.

By harnessing the latest in digital technologies and combining these with the latest business thinking, MBA graduates are ideally placed to stay ahead of their competitors and ensure success for their own company.

This article was originally published in May 2019 .

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