• BBA in Finance
    Co-created with Jain University
    4.3 out of 5 by 211 learners
    2x
  • MBA in Investment Banking
    Co-created with Jain University
    4.5 out of 5 by467 learners
    2x industry demand
  • MBA in Fintech
    Co-created with Jain University
    4.4 out of 5 by 349 learners
    2x industry demand
  • Post Graduate Program in Business Management with NMIMS
    Co-created with NMIMS
    4.7 out of 5 by 669 learners
    4x Industry Demand
  • Post Graduate Program in Banking and Credit Underwriting
    4.7 out of 5 by 1376 learners
    12 X industry demand
  • Post Graduate Program In Finance And Accounting
    Co-created with Grant Thornton
    4.9 out of 5 by 238 learners
    14 X industry demand
  • Professional Certification in FinTech
    Co-created with SP Jain School of Global Management
    4.6 out of 5 by 1421 learners
    6X industry demand
  • Credit Risk and Underwriting Prodegree
    Co-created with Moody’s Analytics
    4.6 out of 5 by 1139 learners
    4X industry demand
  • Banking And Wealth Management Bootcamp
    4.6 out of 5 by 1429 learners
    3X industry demand
  • Post Graduate Program In Capital Markets
    4.7 out of 5 by 807 learners
    3X industry demand

“If your business is not on the internet, then your business will be out of business”

                                                                                                                         -Bill Gates

The past decade has been all about digitization, no matter what industry you are in you need the digital presence to address the audience of the new era. With growing internet penetration and affordability of smartphones, the digital world has seen a huge surge.

From cutting down your marketing expenditure to reaching customers all across the globe, the digital world has a lot to offer. From banking to retail commerce every industry has been influenced by the digital buzz and customers have been blessed with improved services and higher convenience. Now, this whole transformation requires the workforce to have the required skills for staying competitive in the game.

Let’s dive deeper into the digital skill gap that persists in the contemporary.

Understanding the digital skill gap

What exactly is the digital skill gap? To have a comprehensive understanding of the whole situation it is important to get the context here. All this exponential growth in the digital space is powered by tons and tons of data that has been collectively given the name of the Big Data. Whether it is a personalized recommendation in e-commerce space or contextual banking in finance, everything is backed by a massive amount of data. Naturally, with the surge in the digital space, data has taken a front row and the jobs in the data science and tech industry have been exponentially growing.

The demand for labor in the data industry has not been matched by the labor supply, the skills required to do the job is still lagging behind in the workforce. This has created a scenario of the digital skill gap. The future is all about AI and advanced technology, this requires the workforce to upgrade their skills to contribute to the digital transformation. If a business has to succeed in the era of this digital buzz, they need to plan a robust digital transformation strategy.

Bridging the skill gap

Now that we have an understanding of the digital skill gap challenge, let’s see how we should plan to bridge this digital skill gap that is hampering the growth of various organizations. The most prominent challenge is finding professionals who understand both the technical and business aspect of the organization.  It is crucial for organizations to link the training of their employees with the long term digital strategy of the organization. On the employee’s part, they should be aware of their strength and weaknesses in the digital arena and should up-skill themselves accordingly.

Learning the art of managing data is a must-have skill in the contemporary scenario. Employers should train the employees to be able to extract and analyze data because every industry is running on data in the digital sphere. One of the most important aspects of bridging the skill gap in the digital world is planning ahead for future requirements based on factual evidence and data.

Given the dynamic nature of the digital world, there is a constant need for businesses to train and hire new people with relevant skillset. Instead of hiring new talent or spending a huge amount of money on training programs Businesses can rely on contractual workers and freelancers who are equipped with the relevant skillset to perform the task. Given the paucity of skilled professionals in the digital arena, corporations can lure in the right talent through a good remuneration package and incentive.

Conclusion: 

The digital world has totally changed the game for businesses and workers. Corporations are facing the challenge of the digital skill gap and are missing out on the opportunity that the digital world has to offer. A robust digital workforce planning is a must-have to survive in the digital space, looking out of the usual pool to find relevant talent is a good option for the dynamic digital space.

For Online Course Enquiries
About Imarticus
Imarticus Learning is India’s leading professional education institute that offers training in Financial Services, Data Analytics & Technology. We’ve successfully transformed careers of over 35,000+ individuals globally through our Certification, Prodegree, and Post Graduate programs offered in association with leading and renowned global organisations in the Financial Services, Data Analytics & Technology domain.
Related course
  • Placement Assistance
    BBA in Finance
    Co-created with Jain University
    Course duration(Months)
    4
    Upcoming batches
    1
    Organizations enrolled
    20
    4.3 out of 5 by 211 learners
    2x
    Upcoming Batches
    Date Location Schedule
    31st July ONLINE Online
    Date Location Schedule
  • Recent Graduates
    MBA in Investment Banking
    Co-created with Jain University
    Course duration(Months)
    24
    Upcoming batches
    1
    Organizations enrolled
    20
    4.5 out of 5 by467 learners
    2x industry demand
    Upcoming Batches
    Date Location Schedule
    31st July ONLINE Online
    Date Location Schedule
  • Recent Graduates
    MBA in Fintech
    Co-created with Jain University
    Course duration(Months)
    24
    Upcoming batches
    1
    Organizations enrolled
    20
    4.4 out of 5 by 349 learners
    2x industry demand
    Upcoming Batches
    Date Location Schedule
    31st July ONLINE Online
    Date Location Schedule
  • Placement Program
    Post Graduate Program in Business Management with NMIMS
    Co-created with NMIMS
    Course duration(Months)
    24
    Upcoming batches
    1
    Organizations enrolled
    20
    4.7 out of 5 by 669 learners
    4x Industry Demand
    Upcoming Batches
    Date Location Schedule
    ONLINE Online
    Date Location Schedule
  • Post Graduate
    Post Graduate Program in Banking and Credit Underwriting
    Course duration(6)
    Upcoming batches
    1
    Organizations enrolled
    20
    4.7 out of 5 by 1376 learners
    12 X industry demand
    Upcoming Batches
    Date Location Schedule
    Not Available MUMBAI Online
    Date Location Schedule
  • Post Graduate
    Post Graduate Program In Finance And Accounting
    Co-created with Grant Thornton
    Course duration(months)
    4
    Upcoming batches
    1
    Organizations enrolled
    20
    4.9 out of 5 by 238 learners
    14 X industry demand
    Upcoming Batches
    Date Location Schedule
    None DELHI Online
    Date Location Schedule
  • Certification
    Professional Certification in FinTech
    Co-created with SP Jain School of Global Management
    Course duration(Months)
    3
    Upcoming batches
    1
    Organizations enrolled
    20
    4.6 out of 5 by 1421 learners
    6X industry demand
    Upcoming Batches
    Date Location Schedule
    ONLINE Online
    Date Location Schedule
  • PRODEGREE
    Credit Risk and Underwriting Prodegree
    Co-created with Moody’s Analytics
    Course duration(Months)
    3
    Upcoming batches
    2
    Organizations enrolled
    20
    4.6 out of 5 by 1139 learners
    4X industry demand
    Upcoming Batches
    Date Location Schedule
    13th February ONLINE Weekend
    Date Location Schedule
    29th May ONLINE Weekend
  • Certification
    Banking And Wealth Management Bootcamp
    Course duration(Months)
    2-3
    Upcoming batches
    1
    Organizations enrolled
    20
    4.6 out of 5 by 1429 learners
    3X industry demand
    Upcoming Batches
    Date Location Schedule
    30th January LUCKNOW Weekend
    Date Location Schedule
  • Post Graduation
    Post Graduate Program In Capital Markets
    Course duration(months)
    4
    Upcoming batches
    1
    Organizations enrolled
    20
    4.7 out of 5 by 807 learners
    3X industry demand
    Upcoming Batches
    Date Location Schedule
    Not Available ONLINE Online
    Date Location Schedule