Banking
Will cryptocurrencies and blockchain technology help prevent bank crises and defaults?
Immerse yourself in the Big 5 Technologies that are shifting our economic landscape
February 2, 2022
6 weeks, online
4-6 hours per week
Special pricing up to 20% discount is available if you enroll with your colleagues. Please send an email to group-enrollments@emeritus.org for more information.
In a rapidly expanding digital marketplace, how can we stay on top of rapid—and sometimes radical—change? How can we position our organizations to take advantage of new technologies? How can we track and combat the security threats facing all of us as we are swept forward into the future?
Global spending on technologies and services enabling digital transformation will reach $2.1 trillion by 2021—double that of 2016, the start of the forecast period.
The number of Internet-connected things will reach 50 billion by 2020.
In 2017, the damage caused by cybercrime amounted to $1.4 billion USD.
This online program provides a hands-on, interactive tour of the five key technologies transforming industry and commerce. Professionals in traditional companies as well as entrepreneurs seeking to harness the opportunities afforded by new technologies, will learn about the five biggest drivers of change: Blockchain, Cloud, AI, IoT, and Cybersecurity, instilling confidence to navigate the digital frontier.
Participants include representatives from companies like:
Representative job functions and titles include:
MIT faculty
Led by MIT faculty at the forefront of data science
The five most transformative technologies
Participants will learn the history and application of blockchain, artificial intelligence (AI), cloud computing, Internet of Things (IoT), and cybersecurity
Video lectures and discussions
Each module includes a series of video lectures by MIT faculty, accompanied by more informal discussions on select topics.
Demonstrations and interactive assignments
Demonstrations and online exercises accompany each module. These serve to illustrate key concepts, such as blockchain creation, password fallibility, understanding algorithms, and cloud infrastructure.
Peer discussion groups
Discussion boards are an integral part of each module and provide a forum where participants can interact, share ideas, and ask questions.
Live Q&A sessions
Live webinars with MIT faculty provide opportunity for additional instruction as well as Q&A sessions for the group.
Explore the history and evolution of blockchain, as well as the fundamentals of its structure.
Explore the applications of blockchain beyond cryptocurrency and how the evolution of smart contracts expanded its possibilities to include any industry or function.
Learn about the inoperability issues that paved the way for cloud solutions, cloud computing structure, and implementation.
Learn the impact of AI implementation on multiple industries and focus on how AI impacts labor and the working economy.
Explore how the unprecedented expansion of IoT devices enable innovation in areas such as manufacturing and health care.
Explore how industries struggle to keep pace with the rapidly changing landscape of cyberattack methods as well as how to develop impervious security strategies.
Explore the history and evolution of blockchain, as well as the fundamentals of its structure.
Learn the impact of AI implementation on multiple industries and focus on how AI impacts labor and the working economy.
Explore the applications of blockchain beyond cryptocurrency and how the evolution of smart contracts expanded its possibilities to include any industry or function.
Explore how the unprecedented expansion of IoT devices enable innovation in areas such as manufacturing and health care.
Learn about the inoperability issues that paved the way for cloud solutions, cloud computing structure, and implementation.
Explore how industries struggle to keep pace with the rapidly changing landscape of cyberattack methods as well as how to develop impervious security strategies.
MIT's motto of "Mens et Manus"—or Minds and Hands—fully applies to this program. You will learn by doing. Here are some examples:
Digital transformation has touched nearly every corner of modern life. Industries used to illustrate concepts in this online program include:
Will cryptocurrencies and blockchain technology help prevent bank crises and defaults?
Explore how the Internet of Things can control global supply chains and detect counterfeit drugs.
How has Everything as a Service (EaaS) revolutionized the startup and how can traditional enterprises compete?
How will machine learning and blockchain technology influence supply chain management?
Will machine learning and AI change the way we learn and teach language?
Watch a demonstration on how cybercriminals crack passwords and learn how you can protect yourself.
John R. Williams
Abel Sanchez
John R. Williams
Professor of Information Engineering in MIT Department of Civil and Environmental Engineering
John Williams holds a BA in Physics from Oxford University, an MS in Physics from UCLA, and a Ph.D. in Numerical Methods from University of Wales, Swansea. His research focuses on the application of large-scale computation to problems in Cyber-Physical security and energy studies. He is director of MIT’s Geospatial Data Center and from 2006-2012, was Director of the MIT Auto-ID Laboratory, which invented the Internet of Things.
He is author or co-author of over 250 journal and conference papers, as well as the book, RFID Technology and Applications. He contributed to the 2013 report for the UK Office for Science Foresight Project- The Future of Manufacturing.
Alongside Bill Gates and Larry Ellison, he was named as one of the 50 most powerful people in Computer Networks. He consults to companies including Accenture, Schlumberger, SAP Research, Microsoft Research, Kajima Corp, US Lincoln Laboratory, Sandia National Laboratories, US Intelligence Advanced Research Projects Activity, Motorola, Phillip-Morris Inc., Ford Motor Company, Exxon-Mobil, Shell, Total, and ARAMCO.
His international collaborations include HKUST and PolyU Hong Kong, Cambridge University-UK, Imperial College of Science and Technology-UK, Malaysia University of Science and Technology (MUST), KACST Saudi Arabia, Masdar Institute of Science and Technology (Abu Dhabi.)
He organized the first Cyber-Physical Security Conference in the UK (2011) and along with Dr. Sanchez, he runs the MIT Applied Cyber Security Professional Education summer course. At MIT he teaches courses Architecting Software Systems (MIT 1.125) and Engineering Computation and Data Science (MIT 1.00/1.001) as well as online courses in Digital Transformation and Cloud & DevOps.
Abel Sanchez
Research Scientist and Executive Director of MIT's Geospatial Data Center
Dr. Abel Sanchez holds a Ph.D. from the Massachusetts Institute of Technology (MIT). He is the Executive Director of MIT's Geospatial Data Center, architect of "The Internet of Things” global network, and architect of data analytics platforms for SAP, Ford, Johnson & Johnson, Accenture, Shell, Exxon Mobil, and Altria. In cyber security, Dr. Sanchez architected impact analysis of large-scale cyber-attacks designing Cyber Ranges for the Department of Defense (DOD).
In password security, Dr. Sanchez led the design of a password firewall (negative authentication) for the Intelligence Advanced Research Projects Activity (IARPA) agency. In machine learning, addressing fraud detection, Dr. Sanchez designed a situational awareness framework that exploits different perspectives of the same data and assigns risk scores to entities for Accenture.
He led the design of a global data infrastructure simulator, modeling follow-the-sun engineering, to evaluate the impact of competing architectures on the performance, availability, and reliability of the system for Ford Motor Company. He has been involved in developing e-learning software for Microsoft via their I-Campus Program and with establishing the Accenture Technology Academy, an online resource for over 200,000 employees. He has 10 years of experience with learning management systems and has made deployments in America, Asia, and Europe. He teaches MIT courses on cybersecurity, engineering computation, and data science and has produced over 150 educational videos.
Get recognized! Upon successful completion of the program, MIT Professional Education grants a certificate of completion to participants. This program is scored as a pass or no-pass; participants must receive 80 percent to pass and obtain the certificate of completion.
Participants will be awarded 3.6 continuing education units towards professional development.
Download BrochureNote: After successful completion of the program, your verified digital certificate of completion will be E-mailed to you in the name you used when registering for the program. All certificate images are for illustrative purposes only and may be subject to change at the discretion of MIT Professional Education.
How do I know if this program is right for me?
This program is right for you if…
Are there any prerequisites for this program?
There are no prerequisites in terms of coding, math or computational sciences.
What is the typical class profile?
MIT Professional Education’s online programs draw professionals from around the globe, from every industry imaginable, and from a wide variety of functional backgrounds. This program is designed for both technical and non-technical professionals, so we expect it to be both diverse and very well attended, given the popularity of these topics.
What are the learning requirements for passing this program?
This program is scored as a pass or no-pass; participants must receive 80% to pass and obtain the certificate of completion from MIT Professional Education directly. Elements that contribute to the score are the assessments (which can be completed multiple times, if needed) and the application exercises.
Are there continuing education units offered?
Yes! This program offers 3.6 continuing education units. To learn more about continuing education units visit MIT Professional Education’s website.
How much time is required each week?
You will need to dedicate approximately 4-6 hours per week, not including the optional activities. While this will vary for each person somewhat, you can expect to devote a few hours to watching the video lectures, an hour for contributing to discussion boards and reflecting on your learning, an hour for assessments and live faculty webinars held on certain weeks, and 1-2 hours for application exercises, which are not assigned every week. There will also be a resource library on the learning platform for you to access additional resources at your convenience.
What is it like to learn online with MIT?
It’s interactive, flexible, and designed to include personal attention so that you can reach your learning goals more effectively. Participants are highly encouraged to contribute to the discussion boards to enhance their own learning, and to enhance the learning of others. It’s a community of learners who are generally excited to share and grow their knowledge. Here are a few elements that make it unique:
Can I interact with MIT faculty directly?
Yes, though live webinars you will be able to ask questions in real time. In addition, there are content experts who moderate the discussion boards, which is an essential element to facilitate learning for you and your peers from around the world.
When are the live sessions scheduled?
Because participants join from different time zones all over the world, we strive to offer the live sessions at times when the vast majority of participants would be able to join. Typically, that would be in the morning hours in ET time zone, but subject to change. All sessions are recorded, so if you are unable to attend live, you will receive a link to the recording. Moderated discussion boards are designed to supplement the live sessions.
How do I interact with other program participants?
We believe that interacting with peers adds to the overall learning experience. You can connect and communicate with other participants through our learning platform. You will be able to form interest groups or location-specific groups and interact among those groups. You will also be able to message other participants directly.
What do I receive upon successful completion of the program?
Upon successful completion of the program, you will receive a certificate of completion from MIT Professional Education. This program is scored as a pass or no-pass; participants must receive 80% to pass and obtain the certificate of completion. Elements that contribute to the score are the assessments (which can be completed multiple times, if needed) and the application exercises.
You will receive a digital certificate approximately two weeks after your successful completion of the program, once scoring is complete.
You will also be eligible to receive 3.6 continuing education units from MIT Professional Education. To learn more about continuing education units visit MIT Professional Education’s website.
Can I get the hard copy of the certificate?
No, only verified digital certificates will be issued upon successful completion. This allows you to share your credentials on social platforms such as LinkedIn, Facebook, Twitter, etc.
Do I receive alumni status after completing this program?
No, however you can receive 3.6 continuing education units from MIT Professional Education upon successful completion of the program, plus a certificate of completion directly from MIT Professional Education.
How long will I have access to the learning materials for?
You will have access to the online learning platform and all the videos and program materials for 1 full year following the program start date. This information is intended only for registered participants and access to the learning platform is restricted only to that individual per the terms of agreement.
What equipment or technical requirements are there for this program?
Participants MUST have administrative control over their computers or laptops to take part in the exercises. If you are using a company computer, participants should contact their IT department to determine if they will need a loaner laptop to complete the program.
Participants also need the latest version of their preferred browser to access the learning platform. In addition, Microsoft Office and a PDF viewer are required to access content such as documents, spreadsheets, presentations, PDF files, and transcripts.
Do I need an active internet connection to access the program content?
Yes, the learning platform is accessed via the internet and video content is not available for download. You can download files of video transcripts, assignment templates, readings, etc. however, the video lectures must be streamed via the internet.
What is the program fee and what forms of payment do you accept?
What if I don’t have a credit card – is there another mode of payment accepted?
Yes, you can do the bank remittance in USD via wire transfer.
Is there an option to make flexible payments for this program?
Yes, the flexible payment option allows a participant to pay the program fee in installments. This option is made available in the payment form and should be selected before making the payment.
Does the program fee include taxes? Are there any additional fees?
Yes, the program fee is inclusive of any taxes with the exception of GST for Singapore residents.
Withdrawals and Refunds
You may request a full refund up to 7 days of your payment or 14 days after the program commences, whichever comes later. If your enrollment had previously been deferred, you will not be entitled to a refund. Partial (or pro-rated) refunds are not offered. All withdrawal and refund requests should be sent to: admissions@emeritus.org
Deferrals
After a cohort commences, you can request to change to a future cohort of same program within 50% of program completion. A deferral request must be submitted along with a selected reason and explanation. Cohort changes may be made only once per enrollment and is subject to availability of other cohorts scheduled at our discretion. This will not be applicable for deferrals within the refund period and the limit of one deferral per enrollment remains. All deferral requests should be sent to: admissions@emeritus.org
Flexible payment options available.