But to drive this innovation, we need more students with tech-led qualifications.
It’s no surprise, then, that graduates are increasingly seeking out degrees which will enable them to contribute to the digital revolution. In 2017, computer science was the fastest-growing undergraduate degree subject in the UK. Yet, as a report from Accenture highlights, there’s still a shortage of data scientists in the industry.
The connection between education and innovation is strong. Consider Malaysia’s rapid technological growth, for example. Malaysia has emerged as one of the most notable beneficiaries of the boom in technology and innovation, largely thanks to its education system. Malaysia’s history of strongly investing in education has propelled its economy to the top table, allowing it to develop a highly sophisticated technology sector.
In 2017, the Malaysian government spent 4.7% of its GDP on education, more than neighbouring Singapore or tech-savvy Japan. Its classrooms have been equipped with virtual learning environments, encouraging the next generation of computer scientists.
Importantly, this investment in education has occurred in a social environment long geared towards technological innovation. In 1996, Malaysia introduced its much-vaunted Multimedia Super Corridor, revolutionising Malaysia’s public sector and creating new jobs in the process. It was followed in 2002 by the Total Hospital Information System, which integrated clinical, financial, and administrative systems in one online location. These initiatives cemented Malaysia’s reputation as a pioneer in digital technology.
Clearly, this partnership between education and innovation is working. In 2017, Malaysia’s technology exports hit $80bn, spurring an impressive GDP growth rate of 6%. These impressive numbers continued to have grown in 2018 at a rate of 19%.
It’s also creating lots of tech jobs for talented graduates with a strong understanding of business. At the last count in 2017, there were almost half a million people employed in Malaysia’s tech sector. Intel and Infineon, giants of hardware and software, have invested in the country. Dyson’s recent decision to relocate to Singapore also signals potential investment for neighbouring Malaysia.
Our MSc in Data Science offers a world-class qualification that teaches you how to apply technology to real world data problems. By giving you an in-depth understanding of emerging technologies, statistical analysis, and computational techniques, the degree ensures that you graduate with a suite of skills that are valued by employers around the world.
It’s also fully online, meaning that you can study anywhere in the world while gaining a highly respected University of London degree. Many students in tech-led countries like Malaysia are already taking advantage of this flexibility. According to data from the Higher Education Statistics Agency, there are almost four times as many Malaysia-based students studying UK higher education programmes than Malaysians studying in the UK.
With its impressive mixture of investment, strong educational provisions and a young, tech-savvy workforce, Malaysia is in an excellent position for the next generation seeking to enjoy the benefits of innovation. With the opportunity to gain a globally recognised degree from the University of London without the need to move abroad, Malaysian graduates are well placed to take the reins of the country’s growing technological engine.
Learn more about our prestigious degrees in computer-related fields, and gain world-class qualifications wherever you are.