MBA in Blockchain Management
Upon the successful completion of any of EU's MBA degrees, graduates have a wide array of career options and business opportunities available to them. In response to the growing demand for flexible and entrepreneurial business professionals, EU's programs are designed to foster the skills required for a successful career in the international business arena.
EU's graduates possess an international mindset, multicultural awareness and are innovative thinkers. This makes them ideal candidates for positions at large, multinational companies and dynamic, disruptive entrepreneurs ready to start their own businesses.
Career Options
The MBA with a major in blockchain management provides students with business and managerial skills as well as knowledge in blockchain and its applications. Heralded by some as the second generation of internet, companies are eyeing blockchain technology with interest but often lack the skills and knowledge to be able to apply it effectively. Graduates of this MBA program may be interested in the following careers.
Blockchain Consultant
Blockchain consultants will work with clients to advise them on how blockchain solutions can help them achieve their organizational goals through business model improvement, operational optimization and the creation of new opportunities, among others. These professionals are innovative thinkers who will work with developers, business development, solution architects and the sales team to prepare project proposals for top management which may include revolutionizing distribution systems and enhancing security, among others. They may work across several sectors, such as financial, health and publishing.
Blockchain consultants require a strong understanding of blockchain technology and its applications together with good interpersonal, communication and project management skills.
Crypto Trader
Crypto traders analyze and manage digital asset portfolios. To succeed in this profession, these investment professionals will constantly research and monitor crypto markets to determine the evolution of their investments for possible adjustments as well as to seek out new trading opportunities. They need knowledge of cryptocurrencies as well as a deep understanding of trading and financial investments. They will supervise automated trading activity and manage the relationship with digital asset exchanges and liquidity suppliers. They will prepare reports on investments for management.
Strong mathematical and quantitative analysis skills are needed for this profession as well as excellent interpersonal skills to manage the client portfolio.
Blockchain Project Manager
Blockchain project managers act as the liaison between designers and clients/end-users to ensure that a blockchain’s project objectives are met within the specified timeframe and resources. These professionals need to understand the complexities and technical language of blockchain to communicate effectively with both parties, and are tasked with creating road maps, tracking product evolution, problem-solving within the project and reporting to top management.
Advanced project management, problem-solving, organizational and people skills are essential for success in this profession.
Business Development Director
Business development directors will drive the organization’s sales by increasing its client portfolio and penetrating new markets. They are tasked with sourcing new clients and developing current relationships for business opportunities. They have a strong understanding of the company’s products and markets and will help establish long-term business relationships for business longevity. For market development, they undertake research and analysis to determine opportunity and risk; for expansion into foreign markets, they will require knowledge of local markets, culture and regulations.
Business development directors can establish trust through strong interpersonal and communication skills. They have analytical and research skills as well a good understanding of finance.
Areas of Work
The MBA with a major in blockchain management provides students with a business skill set together with knowledge of blockchain and its applications. Market analysts forecast that blockchain technology will revolutionize several sectors in many ways, some of which are listed below. These sectors may be of interest for graduates of this MBA program.
Asset management is the management of client assets. Its aim is to increase wealth through products such as fixed-income, equity and commodities, among others. As blockchain technology records all transactions on blocks which are immutable, this helps investors determine the true value of investment opportunities. In addition, the automation of compliance and back-office processes help speed up the investment process.
The healthcare sector is composed of businesses that supply medical services, manufacture medical equipment and drugs, and offer medical insurance, among others, to maintain or improve the health of citizens. Blockchain technology will enable this sector to transfer and share medical records more securely. It will also help track prescription medicines to ensure that they are not replaced by counterfeits.
Logistics refers to the transportation and delivery of goods. With globalization, processes have become increasingly complex. Given the vast number of transactions involved in just one delivery, a lack of transparency exists within the current system and investigation into suspected illegal practice is difficult. With blockchain, each transaction is recorded on its distributed ledger on multiple places. As a result, records cannot be eliminated or modified making fraudulent practice difficult and the system cleaner.
Fintech (Financial Technology) describes the technology that is used to improve and automate personal and commercial financial transactions. Through computer software and algorithms, it facilitates a wide range of financial operations and processes which range from investment management to client loans and money transfers. Blockchain technology is pushing this technology forward through its distributed ledger that documents transactions on a network of computers and smart contracts that approve and implement operations automatically.