Last Updated on August 29, 2023
Computer knowledge is a required skill for a Master in Business Administration (MBA) program. There’s really no excuse today for students to know absolutely nothing about computers when going into an MBA program.
If you have been searching the internet lately for the latest information on computer skills required for mba hr, then you’ve come to the right place. You need not search further as all you’ve got to do is to read on to know more.
Discover up-to-date information on technical skills required for mba, technical and computer skills for management students, technical skills for mba finance, technical skills for mba resume and mba skills in demand, Computer skills for financial analyst. You will also find related posts on computer knowledge is required for mba on Collegelearners.
Computer Knowledge Is Required For MBA
As a student in Duke’s MBA programs, you’ll use the personal computer as a key tool, both for accomplishing a variety of analysis and presentation tasks and for communication. You should be very comfortable with communication and business software, particularly spreadsheet software, before you enter the program.
A good understanding of computer housekeeping tasks (folder and file management, hard drive organization, software installation, backups and archiving, virus protection, etc.) Internet connectivity essentials. Intermediate or better skills with word processing, presentation graphics, and web browser tools.
Computing Skills You Need
- Familiarity with personal computing using a Windows type of interface (a mouse, menus, scroll bars, tool bars, dialog boxes, multiple open applications, etc.)
- A good understanding of computer housekeeping tasks (folder and file management, hard drive organization, software installation, backups and archiving, virus protection, etc.)
- Internet connectivity essentials.
- Intermediate or better skills with word processing, presentation graphics, and web browser tools.
- Intermediate or better ability using spreadsheet software to model and solve problems.
The Minimum Spreadsheet Skills You Need
In order to be successful using spreadsheet software in Duke’s MBA programs, make sure you start your program already familiar with:
- Entering and copying information.
- Formatting (adding bolding, italics, colors, borders, etc.)
- Efficiently selecting, moving, and deleting information.
- The text-to-columns utility.
- Text file import.
- Range naming and the uses of range names.
- Finding and using functions in Excel’s function library, especially logical functions.
- Writing formulas and good formula design practices.
- When and how to use absolute, relative, and mixed addressing.
- Cross-worksheet and cross-workbook referencing.
- Formula copying.
- Familiarity with the Excel Analysis Toolpak.
- Sorting and subtotaling.
- Building and using Excel’s Data Table (both one-input and two-input).
- Excel’s Goal Seek and Solver.
- Basic chart creation and customization.
- Familiarity with the XY chart and when to use it instead of another chart type.
- Print preview.
- Printing a specific range or ranges.
- Printing entire worksheets or workbooks.
- Header and footer generation.
Technical Skills Required For MBA
- Data Analysis
The mantra ruling the business world currently is “Data is the new oil.” Certain industries are booming, and data is the reason behind their exponential growth. One of the top tech skills for management students is to command proficiency in analytical tools like R, SPSS, Tableau, etc.
Today, companies require managers to work on large datasets for various functions like forecasting sales, understanding market patterns, predicting consumer demand, future trends, and stock ordering, etc. Therefore, MBA students should learn some of these tools beforehand, differentiate themselves from the crowd, and add value to their core competency.
The most basic and commonly used tool in organizations for data handling in MS Excel. Due to its widespread popularity, knowing Excel is a must these days in tech skills for MBA students. Excel isn’t just very easy to use, but it is also logical to implement. You don’t need to memorize the formulas; just build logic on the data you are conducting. Having a good command over excel can make you the star performer of your team!
- Programming Languages
While this is not a must-have for MBA candidates in company JDs, still this is an added advantage. As a manager, you will work on various projects where your deliverable will be a software interface or an app. Or you might be deployed in a cross-functional team.
While you will be having a team of engineers for the coding part, but as a manager, you cannot understand and review your deliverable unless you know the basics of what problem you are solving or the requirement your product is fulfilling.
Therefore, having a basic idea of languages like Python, SQL, PHP, etc. and knowledge of Relational databases are highly beneficial tech skills for MBA students.
- Presentation and Design
Good working knowledge of presentation tools is one of the most important tech skills for management students. Presentations are critical in the corporate setup as they are an official form of communication between a client and a business.
Companies require managers to make presentations to their clients that put out their business objectives, offerings, and solution to the client’s problem statement, alongside the methodology in a concise, neat, and aesthetic, yet informative manner. Similarly, companies also need an aesthetic design for their website, or social media handles to connect with their consumers. For this, the managers must have some basic knowledge of design tools to effectively communicate with the website developers and implement the company’s idea of a website look and feel.
MBA students get a good deal of exposure on presentations right from their class assignments to business case study competitions. They must utilise this exposure by learning more about the art of ppt making and sharpen their skills on various tools like PowerPoint, Canva, Prezi, Haiku Deck, etc.
- Technical Writing
Managers are tasked with the responsibility of setting goals and objectives on a project. They are required to facilitate cross-functional or cross-divisional team cooperation in a project and communicate the expectations, deliverables, limitations, etc. of one team with the other. They also communicate the technical, budgetary, and other requirements of teams to the supervisors. Therefore, they must know each domain’s technical specifications, such as marketing, accounts, IT, etc. to draft proper communication documents for each of them.
Since all businesses have gone digital in today’s world, Managers must also be equipped with the knowledge of content creation, content marketing, and Search Engine Optimisation (SEO) to reach their target audience. All this demands professional writing with technical understanding.
Thus, technical writing ability is a must-have for a manager, as it is a standing stone of effective communication within an organisation. This is why it features in the list of top tech skills for MBA students.
- Project Management
Managers communicate the information received from top management to the employees. They also create Minutes of the Meeting with the top management, create training and staffing material, make reports on product specifications and terms of service, etc. Managers also create reports on the internal and external process, stakeholder management, competitor analysis, and project documentation.
Although Project management is a specific branch of management wherein the managers are specifically trained for statistical analysis tools, scrum methodology tools, quality control techniques and methodology, risk analysis report generation and communication, and scheduling software, etc. Yet, it is extremely relevant for all managers to grab know-how of all these aspects, and is one of the top tech skills for MBA students to learn.
computer skills for finance students
With so many different areas of technology to specialize in, it can be hard to figure out which skills will be most beneficial for your career in business. To help get you started on the right track, here are five tech skills you should aim to be sufficient in to give you the best possible chance at corporate success:
Don’t underestimate the power of spreadsheets. Learning how to create spreadsheets and use the formulas function can make business practices organized, quick, and efficient.
Learning some basic HTML and CSS coding can do wonders for your business game. Without HTML and CSS, a company’s website would be non-existent. By having some behind-the-scenes knowledge on how websites work, changes to web pages can be made at a moment’s notice and money is saved from not having to contact an outside web designer.
Wireframing involves knowing how apps and websites are designed so you can effectively communicate to teams in your company exactly how you want these applications to work and look.
Having a good graphic design sense can mean the difference between success and failure for a company. A lot can be said about a business based on the images, colors, and typefaces that are used. We live in a visual culture, so having a solid foundation in graphic design is crucial.
Communication is important in pretty much every industry. That being said, you’ll need to learn the ins and outs of emailing as well as how to effectively use social media as a communication tool.
As technology becomes more ingrained in everything we do, it’s vital that we keep up with the newest tools and processes to stay in the game. These five basic skills should ensure you’re at least able to handle some of the basic technological requirements you’re likely to encounter in the world of business.
tech skills for business
The days of a small business owner being able to effectively manage operations with a phone and rudimentary computer skills are long gone. To successfully launch and sustain a growing business, you need to have an ever-increasing range of tech skills that help you sell, market, communicate, analyze, share, plan, and organize online.
The following 10 tech skills are relatively simple to learn, yet incredibly valuable for managing the day-to-day tasks of running a small business. By mastering them, you’ll save yourself time, reduce your reliance on outside help, and create new opportunities that generate more customers and sales.
The Top 10 Tech Skills for Small Business Owners
Excel is by no means a new technology. First launched in the early 1990s, this spreadsheet application remains a vital business tool for organizing and reviewing data. If you are only using it to create basic financial spreadsheets, you may want to invest some time into learning more about its other powerful functions. Excel can be used for everything from scheduling and tracking sales to creating invoices, receipts, labels, and time sheets.
There was a time, not that long ago, when you had to call a programmer every time you wanted to make a change to your website. Now, small business owners can log in to WordPress and make design or content changes in a matter of minutes.
Although first developed as a blogging platform, WordPress is now used to create sites for businesses of all sizes. It’s easy to update and it has tremendously useful SEO features that can help you substantially increase your site traffic. There are also countless templates that can be customized to create an incredible-looking site for a relatively low cost.
3. Basic HTML Coding
No, you don’t have to be a computer geek to learn HTML, and with a basic understanding of it, you can modify the appearance of texts, links, images, and nearly every part of your website or blog. Even if you are using a content management system like WordPress which has an HTML editor, knowing basic HTML code can help you make quick design fixes in seconds and eliminate the need to pay someone to help you. An HTML cheat sheet of common tags and attributes is all that you really need.
4. Google Analytics
If you’ve invested time and money in a website, content, and SEO, you will naturally want to monitor the results of your efforts. While there are lots of analytics tools on the market, Google Analytics remains one of the best tools for small business owners.
With Google Analytics, you’ll be able to check the number of site visitors you’re getting, as well as dig deeper into who these people are, what they are viewing on your site, and how long they are spending on each page. You’ll also be able to see how visitors got to your site and what social channels referred them to you. This is all valuable data that can help you determine what works, what doesn’t, and what you should be doing to increase website traffic.
5. Email Marketing
Nurturing relationships with warm leads and customers requires ongoing communications. One of the best ways to accomplish this is to send relevant content to them on a regular basis. From newsletters and eBooks to coupons and private sales promotions, a brand-driven email campaign can go a long way toward staying top of mind with those who are likely to buy from you.
Email marketing can also be used to introduce your business to new audiences. Mailing lists can be purchased or acquired through a variety of sources including trade groups, industry organizations, and mailing list brokers.
Email marketing solutions such as Constant Contact, MailChimp, and others are relatively inexpensive, intuitive, and easy-to-use. They offer great analytics that will help you determine the success of each mail campaign you launch.
6. Social Media Communication
Nearly every business owner thinks that they understand social media communication, yet most are not using it effectively. Far too often, businesses only use Facebook and Twitter channels to promote products and services. While social media can be used for promotional purposes, you cannot build and sustain an online community by simply pushing out content about what you sell. At some point, your followers will grow tired of it, and will look elsewhere for content that is more interesting and relevant to them.
Small business owners have a valuable opportunity to build quality relationships with followers by engaging in meaningful conversations with them. Social media is all about sharing and dialog. By treating social media as more than just free advertising, you’ll create loyal followers who will expose their own communities to your products and services.
Search engine optimization experts have a language all their own, and if you’re not privy to any of it, you’ll miss out on some valuable opportunities to grow your business online. Take the time to familiarize yourself with some of the most common terms of the trade such as backlinks, PageRank, anchor text, meta tags, search algorithm, SERP, and keyword density. Even better, take a quick seminar on SEO specifically for small business owners and entrepreneurs. In a matter of a few hours, you’ll gain some valuable skills that may dramatically improve your website’s success.
8. Mobile Payment Processing
If you take credit card payments from customers, there are many new mobile payment apps and solutions that are easy to use. From Google Wallet and PayPal to Square, GoPayment, and Venmo, the process of getting paid, sending funds, and even redeeming loyalty program points is now much simpler.
Compare several payment processing options before making a decision. All solutions offer specific benefits and features that may or may not be important to your business. If you are in need of working capital to help you purchase the equipment you need, there are several small business lenders who offer flexible funding for business owners.
9. Project Management Software
If you’re like most small business owners, you’re multi-tasking all the time. Without a way to organize the various projects you’re working on, you’re likely to forget one or more of the many to-do items you’re juggling.
Project management tools, such as Trello or Basecamp, can keep information updated for you, coworkers, clients, and other stakeholders. An online project management tool will also enable you to collaborate with others, track deadlines, and review projects once they have been completed.
10. Cloud-Based Phone Systems
The internet has dramatically changed telecommunications and has leveled the playing field for small business owners. Even a solo entrepreneur can now have an enterprise-quality phone system with an auto-attendant, multiple extensions, on-hold messages, prompts, and more.
Strategic business owners are leveraging the benefits of cloud-based phone systems such as RingCentral to sound professional, mobilize communication, and save money. Yes, configuring a small business phone system can seem a little confusing at first, but the benefits are substantial once you’re up and running.
With some new tech skills in your back pocket, you will only increase your chances of business success. Don’t get overwhelmed or intimidated by the unknown. Even those with little tech prowess can improve their ability to use today’s tools and solutions. Being a business owner means continuing to evolve, grow, and learn. Those who do this the best will ultimately achieve the greatest results.