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STI offers degrees in retail technology, data science

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STI Education Services Group (ESG), STI West Negros University (WNU), and iAcademy have received the go signal from the Commission on Higher Education to offer programs specializing in data science and business analytics.

In a disclosure to the exchange on Wednesday, STI Education Systems Holdings, Inc. said STI ESG and STI WNU began offering programs for a Bachelor of Science degree in Retail Technology and Consumer Science and for an Associate degree in Retail Technology for the school year 2020-2021.

Meanwhile, iAcademy’s Bachelor of Science in Computer Science degree now offers specialized tracks for those who wish to major in either Data Science or Cloud Computing.

“We have already seen before that more and more data science-related jobs and careers will be created in the future. It’s actually happening now and it will continue to unfold in the coming years. This is why we wanted our youth to become more prepared and equipped to take on this trend and get ahead in the game,” STI Holdings Chairman Eusebio H. Tanco said in a statement.

STI Holdings President and CEO Monico V. Jacob said recent developments affirm the company’s decision to offer the new courses.

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“Just recently, the Bangko Sentral came out with data saying that e-wallet transactions have more than tripled due to the COVID-19 pandemic, showing a significant increase in the use of technology. This development just affirms STI Holdings’ decision to offer these new courses, which is a testament to our commitment to advancing the use of data science for our country’s progress,” Mr. Jacob said.

STI ESG is working with Smart Communications, Inc. and Globe Telecom, Inc. to assist its students with the online learning set up.

STI will train students in using data to analyze consumer and market behavior. Students enrolled in the Retail Technology and Consumer Science program will be learning retail marketing, consumer psychology, information technology, and data science to prepare them for careers in business and consumer analytics, digital marketing, and e-commerce specialists.

iAcademy’s Data Science program aims to train students to make data-driven decisions, relying heavily on statistics, data mining, and machine learning. The cloud computing track meanwhile is offered in collaboration with Amazon Web Services, where students will learn to design and maintain local and wide cloud networks. These programs may lead to careers in programming, data analytics, and program management.

On Wednesday, STI Education Systems shares at the stock market declined 2.38% to close at P0.41 per piece. — K. C. G. Valmonte

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