Digitization and artificial intelligence (AI) technologies are advancing at speeds once thought impossible—revolutionizing the way we live and work, and driving labor needs in a transformed global workforce. Tech skills are in greatest demand, with innovations and breakthroughs occurring daily in nearly every industry.
As COVID-19 continues to accelerate digitization by decades, it’s predicted that up to 80 percent of jobs in 2030 do not yet exist. And while most workers recognize the need to constantly upskill and adapt in order to remain relevant and employable, a recent Monster.com poll indicates that 54 percent of workers already fear they don’t have the skill sets necessary to succeed in today’s “new normal.”
With technology changing so rapidly, and with so many “jobs of tomorrow” not yet existing, how do you know what skills will be valuable five years from now?
In a recent report, Defining the Skills Citizens Will Need in the Future of Work, McKinsey & Company analysts decided to determine future skill demand in a different way: Rather than using labor data to forecast future job creation, they identified fundamental skills essential to current job success regardless of industry, occupation, or decade.
Interviewing more than 18,000 people in 15 countries, researchers ultimately identified three criteria essential to career success across all industries and occupations. Workers must meet all three, and be able to:
- Add value beyond what can be done by automated systems and intelligent machines
- Operate in a digital environment
- Continually adapt to new ways of working and new occupations
Analysts then identified 56 foundational skills over four key areas—digital (technical, specialized, and learned), cognitive, interpersonal, and self-leadership—that are not only essential to success in today’s job market but are imperative in order to adapt and thrive in the future.
The McKinsey report underscores the richness of an MBS education. While it identifies fundamental skills necessary to supplement and complement technical skills in the digital era, these fundamental skills and key areas are the same skills that every MBS student hones through MBS’s required business curricula—no matter their academic concentration,
Especially through courses that focus on essentials such as communications and leadership and comprehensive entrepreneurial skills.
Moreover, MBS students have ample opportunity to hone and apply these skills prior to graduation through experiential learning opportunities that include anchor programs such as the MBS Internships program and the unique Externship Exchange-, as well as executive coaching sessions in which students clearly identify and plan life and career goals.
Below are courses that correlate with the skills and skillsets identified as critical to navigating a future labor market:
Academic Courses
ALL Computer & Information Sciences Concentration Areas
- Actuarial and Statistical Analysis
- Analytics: Discovery Informatics & Data Sciences
- Applied Computing
- Cybersecurity
- Geospatial Information Systems & Technology
- Industrial Mathematics
- Information Technology
- Social Media & Networking
- Statistics & Biostatistics
- User Experience Design (UXD)
Academic Courses
- 16:137:502—Principles of Communication & Professional Development for Science & Technology Management
- 16:137:530— Principles of Accounting and Finance for Science and Technology
- 16:137:507—Market Assessment and Analysis for Business and Science
- 16:137:501—Fundamentals of Intellectual Property
- 16:137:500—Ethics for Science & Technology Management
- 16:137:502—Design Innovation: Make and Market Anything
- 16:137:600—Science & Technology Management Capstone
Academic Courses
16:137:502—Principles of Communication & Professional Development for Science & Technology Management
16:137:502—Design Innovation: Make and Market Anything
16:137:600—Science & Technology Management Capstone
Career Resources and Experiential Programs
MBS Externship Exchange (16:137:653, 654,655)
MBS Professional Internship (16:137:608, 609, 610)
Academic Courses
16:137:502—Principles of Communication & Professional Development for Science & Technology Management
16:137:600—Science & Technology Management Capstone
16:137:502—Design Innovation: Make and Market Anything
Career Resources & Experiential Programs
MBS Externship Exchange (16:137:653, 654,655)
MBS Professional Internship (16:137:608, 609, 610)