Today's students are not relevant to tomorrow's market – Ken Thompson



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The CEO of Dalex Finance says thatTechnology disrupts the way people work and students are unprepared for the changes that have occurred and are happening in the labor market.

According to Ken Thompson, the vision of student success rests on professions and skills that have been successful in the past and not in the rapidly changing technological world.

"The skills needed to succeed in the future are different from those that have been successful in the past. To be relevant, you must be a self-taught person, "he said.

He said this at two separate events held recently at the University of Ghana in Accra and at the Kwame Nkrumah University of Science and Technology (KNUST) in Kumasi.

Citing the report on the future of jobs at the World Economic Forum (2018), he said: "Roles such as data badysts and scientists; Specialists in artificial intelligence and machine learning; Software developers and applications; Big Data specialists are emerging as accounting, administrative and executive secretaries, badembly and factory workers, etc. are down. "

Speaking on the theme "Technological Shifts in the Current Labor Market – How Well Is the Average Graduate Prepared?", He highlighted the new roles, such as Digital Transformation and Organizational Development Specialists. .

As a result, Mr. Thompson challenged graduate students to "adapt appropriately" by making themselves relevant to the current job market.

"You have before you a long winding road and praying for your" breakthrough "is a futile exercise; the future is digital and you have to accept it to succeed. The job of your dreams is secure only if the company or institution you want to work for has adopted these disruptive technologies, "he said.

The CEO of Dalex Finance has defined "breakthrough technology" as an improved or completely new technology that replaces or disrupts existing technology, rendering it obsolete.

He cited the Internet, mobile phones, social media and mobile money as key examples of technologies that have caused serious "revolutions".

"The marriage between mobile phones and the Internet has changed and will continue to change the way we live. Our postal system has become obsolete. Mobile money transactions are increasing while the traffic in the wickets and deposits with financial institutions are shrinking … the banks have already lost, "he said.

Illustrating the growth of Mobile Money, he said, "at the end of December 2018, there were about 13 million Mobile Money accounts on 11.6 million bank accounts.

"Mobile Money recorded about 233 billion transactions at the end of last year, far exceeding the 203 billion transactions by check. It's how fast Mobile Money is changing the financial landscape. "

He urged students to take advantage of emerging trends, innovations and new technologies to learn skills beyond the conference room.

"Read a lot, work harder and adapt appropriately if you want to join the rapidly changing world of work," he said.

President of UG Chapter Association of Financial Students (FINSA) Dii-Winga Amegnonka said: "… the bar seems higher than we had imagined as a student. It is no longer good grades and a first clbad that concern many students. "

David Ganesha Tetteh, CEO of Bargane Investment Holdings Ltd, and Bernard Obeng Boateng, Financial Modeler and Data Analyst, also spoke.

KNUST's African Changemakers Tour attracted speakers, including actors such as John Dumelo and Adjetey Annang, also known as "Pusher" and Man Music.

The former event was organized by Finance Students and Associates (FINSA) of the Business School of the University of Ghana (UGBS) as part of the FINTECH Day celebration.

The KNUST event was jointly organized by the Ghana National Students Union (NUGS) as part of the activities planned for the African Changemakers Tour.

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