Thursday, June 18, 2020
AI big data Hult builds the next-gen curriculum
The pace of change in todayââ¬â¢s business world is unprecedented. With new technologies like virtual reality, artificial intelligence, and automation driving lightspeed innovation across industries, the job market may look very different in five yearsââ¬â¢ time. In fact, your future job may not exist yet. So how do we prepare our students to succeed in this environment of constant change? By constantly innovating and changing too. At Hult, weââ¬â¢re always looking for new ways of enhancing our program with a focus on your employabilityââ¬âmeaning when you walk out of Hult youââ¬â¢re ready to walk into your next high-impact role, whatever your aspirations or industry. And today weââ¬â¢re using the power of AI to help us identify the skills you need to do just that. Hultââ¬â¢s guiding principle: relevance Over the past five years, weââ¬â¢ve interviewed CEOs of Fortune 100 companies, asking them about the top skills they look for in new hires. Their answers directly informed the design of our Global One-Year MBA curriculum. Our innovative, employability-focused approach was recognized by the Association of MBAs (AMBA) with the 2014 MBA Innovation Award. But we know we canââ¬â¢t rely on yesterdayââ¬â¢s learnings for next yearââ¬â¢s curriculum. In 2017, we embraced the latest advancements in big data by partnering with analytics software company Burning Glass Technologies to analyze millions of job postings using their sophisticated artificial intelligence technology. To remain as relevant as possible, we looked specifically at the ten most popular jobs our students seek after graduation. Momtchil Kovatchev, Hultââ¬â¢s Global Head of Insights and Analytics, explains: ââ¬Å"We know 99% of Hult graduates are changing job, industry, or function. How can we get them one step closer to their dream job?â⬠ââ¬Å"What if we could tell the aspiring Data Scientists or Marketing Managers the exact skills employers want in order to get these jobs? So we looked at where we could find this data.â⬠ââ¬âMomtchil Kovatchev With the help of Burning Glass, Momtchil and his team were able to pinpoint the real skills that employers in industries like marketing and finance are seeking right now. We split these skills into two categories: core skills related to areas of team collaboration, critical thinking, planning, and negotiation, and technical skills that require precise knowledge of a software or program, such as Microsoft Excel. Honing in on employable skills By identifying the top 100 core and technical skills sought by todayââ¬â¢s employers, we were able to discover the key competenciesââ¬âfrom communication skills to budgetingââ¬âthat our students need to land the jobs they want. The research also helped us identify the latest specialized technical knowledge thatââ¬â¢s in increasingly high demand, including Google Analytics, Advanced Excel, Atlassian JIRA, SPSS, Salesforce, and Tableau. Next, we wanted to make sure these key skills were baked into our programs. ââ¬Å"As part of the project, we did a thorough review of our curriculum together with our faculty, asking them to map the top 100 core and top 100 technical skills to the courses they teach,â⬠explains Momtchil. ââ¬Å"We even went beyond whatââ¬â¢s in-demand today, asking our professors to look into the future and identify what they believe employers will be looking for tomorrow.â⬠ââ¬âMomtchil Kovatchev Already ahead of the curve When reviewing these target skills with Hult faculty, the academic team was pleased to discover that two-thirds of the core skills and nearly half of the newly identified technical skills were already being taught. Momtchil describes being ââ¬Å"pleasantly surprisedâ⬠by these findings too. ââ¬Å"The obvious question isââ¬âhow is this possible? With the pace of innovation nowadays we were expecting to find that our curriculum is in need of a significant overhaul,â⬠says Momtchil. ââ¬Å"What we didnââ¬â¢t fully account for was the fact that our faculty are top practitioners in their respective fields and continuously bring their real-life experience into the classroom.â⬠For this reason, Hult professors are instinctively updating their course content to reflect the latest demands of global business. Whatââ¬â¢s next? Over the next nine months, our Curriculum Committee will be working hard to ensure all the top skills identified are incorporated into the curriculum. Our Career Services and Academic Advisors will also be using the findings of this project to help students plan their studies with the aim of being dream job-ready by graduation. ââ¬Å"Our current students are already reaping the benefits of this,â⬠says Momtchil. ââ¬Å"From day one, they can discuss their dream jobs and see what skills are required. They can identify which of these will be covered by their core courses and the best electives to pick to complement these skills. This way they are augmenting their student journey from day one with a clear goal.â⬠Cutting-edge insights from partners like Burning Glass will continue to drive innovations in our curriculum. Scott Bittle, Director of Communications at Burning Glass, gave us a sneak peak of the future of the job market: ââ¬Å"One of the biggest trends in the job market is the rise of ââ¬Ëhybrid jobsââ¬â¢ that mix and match skills from different fields. For example, a mobile app developer needs to know programming, design, marketing, and content. Hybrid jobs, as a group, are projected to grow twice as fast as the overall labor market over the next ten years.â⬠With that in mind, Hult students can easily tailor their studies to master the diverse and specific skill set needed for success in whatever job function or industry they choose. About Hult International Business School At Hult, our mission is to be the most relevant business school in the world. If you want to find out more about our innovative curriculum and course offerings, download our 2018 brochure to discover everything Hult has to offer. Like game changers? Break the mould in the business world with a Masters in Disruptive Innovation from Hult. To learn more, take a look at our blog How innovative business models can reshape an industry or explore overall business challenges with a Masters in International Business instead. Download a brochure or get in touch today to find out how Hult can help you to find out everything about the business world, the future, and yourself. Hult Rotation offers you a chance to study in a truly global way. Our rotation program allows you to study and be immersed in some of the finest cities in the world. ðŸ⠸: @jasminmanzano . Hult Rotation offers you a chance to study in a truly global way. Our rotation program allows you to study and be immersed in some of the finest cities in the world. ðŸ⠸: @jasminmanzano . Each year, Hult seeks to enroll a talented and ambitious incoming class from all over the world. We look for diverse students with a wide range of experiences, perspectives, and interestsââ¬âstudents who will thrive in our unique educational atmosphere. Are you ready for a truly global experience? ðŸ⠸: @iambrunadiniz . Each year, Hult seeks to enroll a talented and ambitious incoming class from all over the world. We look for diverse students with a wide range of experiences, perspectives, and interestsââ¬âstudents who will thrive in our unique educational atmosphere. Are you ready for a truly global experience? ðŸ⠸: @iambrunadiniz . Weââ¬â¢re excited to start 2020 on a ranking high! Hult is proud to have been placed #28 in Poets Quants 2020 rankings for Best Undergraduate Business Schools in the US. Taking a huge leap of 32 places from our 2019 position, weââ¬â¢re also very happy to have secured top positions in key categories like: life-changing experience, practicality of the degree, and global immersion. . With five global campuses, a student body of over 130 nationalities, and a learn-by-doing approachââ¬âHult offers a student experience like no other. . Weââ¬â¢re excited to start 2020 on a ranking high! Hult is proud to have been placed #28 in Poets Quants 2020 rankings for Best Undergraduate Business Schools in the US. Taking a huge leap of 32 places from our 2019 position, weââ¬â¢re also very happy to have secured top positions in key categories like: life-changing experience, practicality of the degree, and global immersion. . With five global campuses, a student body of over 130 nationalities, and a learn-by-doing approachââ¬âHult offers a student experience like no other. . ââ¬Å"Iââ¬â¢m from an engineering background and needed a whole new skill set for the industry I wanted to switch to. I learned a lot about myself and how I deal with being out of my comfort zone. I learned both soft and hard skills, from how to work in very diverse teams to key accounting metrics and strategy. I was surprised by how weak I was at certain tasks in English or how strong I actually was in other areas. Hult gave me opportunities to try new things and meet people from places I never thought I would have friends. . My internship experiences gave me the chance to broaden my view of different cultures and different companies. I had the opportunity to work and live with people whose values differed from people in my home country. I thought that this would be difficult, but it gave me the chance to reflect on my own values and assess if they were a result of my home country environment or if they were intrinsically mine. . Diederick ter Kulve (@diederick.terkulve) Netherlands Masters in International Business . ââ¬Å"Iââ¬â¢m from an engineering background and needed a whole new skill set for the industry I wanted to switch to. I learned a lot about myself and how I deal with being out of my comfort zone. I learned both soft and hard skills, from how to work in very diverse teams to key accounting metrics and strategy. I was surprised by how weak I was at certain tasks in English or how strong I actually was in other areas. Hult gave me opportunities to try new things and meet people from places I never thought I would have friends. . My internship experiences gave me the chance to broaden my view of different cultures and different companies. I had the opportunity to work and live with people whose values differed from people in my home country. I thought that this would be difficult, but it gave me the chance to reflect on my own values and assess if they were a result of my home country environment or if they were intrinsically mine. . Diederick ter Kulve (@diederick.terkulve) Netherlands Masters in International Business . Say a big hello to our Bachelor of Business Administration program cover star, Elisa Orus Plana âÅ" ¨ . ââ¬Å"Iââ¬â¢m excited for the futureââ¬âespecially that I cant predict whats going to happen. Maybe Ill end up in Mexico working for a trading company or maybe in Africa, developing my own business. Everything is possible, and the options are constantly changing. I love the idea that Im never going to be stuck doing the same job until the end of my life if I dont want it to be like this. . Hult really supports me and my ambitions and truly believes that we deserve to be considered as professionals as well as students. Here, I get to express not just my opinions but all elements of myself. From my creative side with the Fashion Society to my finance and business sides in Trading Club and the Management Consulting Club. We get a different type of learning here. Not just essential knowledge and theory, but practical skills and mindset. The school is always evolving. Weââ¬â¢re encouraged to innovate and to always look for new ways of doing traditional things. We learn how to be more confident and become aware of how we can impact our environment. The school aims to help you become a better version of yourself and to stand out from the crowd.ââ¬Å" . Elisa Orus Plana French Bachelor of Business Administration Class of 2021 Say a big hello to our Bachelor of Business Administration program cover star, Elisa Orus Plana âÅ" ¨ . ââ¬Å"Iââ¬â¢m excited for the futureââ¬âespecially that I cant predict whats going to happen. Maybe Ill end up in Mexico working for a trading company or maybe in Africa, developing my own business. Everything is possible, and the options are constantly changing. I love the idea that Im never going to be stuck doing the same job until the end of my life if I dont want it to be like this. . Hult really supports me and my ambitions and truly believes that we deserve to be considered as professionals as well as students. Here, I get to express not just my opinions but all elements of myself. From my creative side with the Fashion Society to my finance and business sides in Trading Club and the Management Consulting Club. We get a different type of learning here. Not just essential knowledge and theory, but practical skills and mindset. The school is always evolving. Weââ¬â¢re encouraged to innovate and to always look for new ways of doing traditional things. We learn how to be more confident and become aware of how we can impact our environment. The school aims to help you become a better version of yourself and to stand out from the crowd.ââ¬Å" . Elisa Orus Plana French Bachelor of Business Administration Class of 2021"> During the final days of 2019, you probably reflected on what youââ¬â¢ve accomplished this yearââ¬âand even this decadeââ¬âand what youââ¬â¢d like to achieve in 2020. Let us know in the comments below. During the final days of 2019, you probably reflected on what youââ¬â¢ve accomplished this yearââ¬âand even this decadeââ¬âand what youââ¬â¢d like to achieve in 2020. Let us know in the comments below. ââ¬Å"The first time we did group work on the program, I went head-to-head with a colleague. It taught me a lot about how I see people, how people see me, and how conflict can be resolved in a kind and productive way. The best feedback you get, when delivered constructively, is the most critical because it really feeds into how you lead. Iââ¬â¢ve completely reversed my leadership styleââ¬âthe result is so much richer and more powerful when you lead from behind and lead with strength. . Studying in tandem with working, whilst challenging, gave me the perfect platform to directly apply learning concepts into my business environment, the competitive landscape, and the real-estate industry as a whole. When I started the program, I was very happy in my corporate role. But my courage and aspirations grew to the point that I took on a whole new direction. Having my career coach, Joanna, as a sounding board allowed me to really be strategic and get to know myself. She coached me thro ugh all the interviews, the research, and the questions. It went in parallel with what I was doing academically and after six months everything just clicked. . I went into the EMBA knowing I had nothing to lose and Iââ¬â¢ve come out with everything. Great strength, global friends, amazing learning, mentors from professors, a job I love, and the knowledge that I can set my mind to achieve anything and with the right support and resources Iââ¬â¢ll get there.â⬠. Kashani Wijetunga British, New Zealand Sri Lankan Associate Director Senior Strategy Consultant CBRE EMBA Class of 2019 . ââ¬Å"The first time we did group work on the program, I went head-to-head with a colleague. It taught me a lot about how I see people, how people see me, and how conflict can be resolved in a kind and productive way. The best feedback you get, when delivered constructively, is the most critical because it really feeds into how you lead. Iââ¬â¢ve completely reversed my leadership styleââ¬âthe result is so much richer and more powerful when you lead from behind and lead with strength. . Studying in tandem with working, whilst challenging, gave me the perfect platform to directly apply learning concepts into my business environment, the competitive landscape, and the real-estate industry as a whole. When I started the program, I was very happy in my corporate role. But my courage and aspirations grew to the point that I took on a whole new direction. Having my career coach, Joanna, as a sounding board allowed me to really be strategic and get to know myself. She coached me thro ugh all the interviews, the research, and the questions. It went in parallel with what I was doing academically and after six months everything just clicked. . I went into the EMBA knowing I had nothing to lose and Iââ¬â¢ve come out with everything. Great strength, global friends, amazing learning, mentors from professors, a job I love, and the knowledge that I can set my mind to achieve anything and with the right support and resources Iââ¬â¢ll get there.â⬠. Kashani Wijetunga British, New Zealand Sri Lankan Associate Director Senior Strategy Consultant CBRE EMBA Class of 2019 . ââ¬Å"It was now or never. I knew that Iââ¬â¢d have likely stayed in my neighborhood for years to come if I didnââ¬â¢t take this opportunity. Iââ¬â¢d not lived or studied outside of the U.S. before. So I left my job as a global strategist at an advertising agency and moved halfway around the world. Iââ¬â¢ve come back a more culturally aware, well-versed person. Iââ¬â¢ve realized that everything is a learning experience and an opportunity for growth. Ill definitely carry this mindset with me into the future. Technology and social media allow us to be different people in several places at once. Im excited to see how I can establish myself in whatever city Ill be lucky enough to call home and still maintain deep connections with people all over the world. Iââ¬â¢m inspired by my classmates every day. Hearing some of their life stories and how getting this degree fits into their greater mission has been very humbling. My biggest challenge has been finding the ââ¬Ërightââ¬â¢ path for me. There have been rooms Ive felt like I shouldnt be in, but now Im proud to feel as though I truly belong, wherever I am.â⬠. Dwayne Logan, Jnr. American MBA Class of 2019 . ââ¬Å"It was now or never. I knew that Iââ¬â¢d have likely stayed in my neighborhood for years to come if I didnââ¬â¢t take this opportunity. Iââ¬â¢d not lived or studied outside of the U.S. before. So I left my job as a global strategist at an advertising agency and moved halfway around the world. Iââ¬â¢ve come back a more culturally aware, well-versed person. Iââ¬â¢ve realized that everything is a learning experience and an opportunity for growth. Ill definitely carry this mindset with me into the future. Technology and social media allow us to be different people in several places at once. Im excited to see how I can establish myself in whatever city Ill be lucky enough to call home and still maintain deep connections with people all over the world. Iââ¬â¢m inspired by my classmates every day. Hearing some of their life stories and how getting this degree fits into their greater mission has been very humbling. My biggest challenge has been finding the ââ¬Ërightââ¬â¢ path for me. There have been rooms Ive felt like I shouldnt be in, but now Im proud to feel as though I truly belong, wherever I am.â⬠. Dwayne Logan, Jnr. American MBA Class of 2019 . Happy New Year, Hultians! . Happy New Year, Hultians! .
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