Five reasons why studying blockchain should be your next career move

With the blockchain market expected to grow to over US$23bn by 2023, it’s time to get ahead of what’s next.


If you’re a business analyst, consultant, project manager or specialist, you’ve probably heard of the technology that is set to revolutionise your industry: blockchain.

Sometimes referred to as distributed ledger technology, blockchain is a type of technology that is transforming the way we complete transactions. From its decentralised network to its streamlined processes, blockchain is highly secure, traceable and reliable. 

And if you’re considering your next career move, planning to advance into a senior role or researching how to be a step ahead of industry changes, specialising in blockchain is the way to do it. Here’s how studying Australia’s first postgraduate blockchain degree, the Master of Blockchain Enabled Business at RMIT University, could accelerate your career.

EMBA student

#1: Job prospects in blockchain are growing strongly

With over 200% year-on-year job growth in blockchain since 2015, now is the time to advance into blockchain enabled business. 

Approximately half of this growth in demand is for people with the ability to understand and communicate the value proposition of blockchain, and lead change in the economic, financial, accounting, legal, ethical, business IT and strategic project management dimensions of blockchain in all types of industries.

Gain the skills to meet this growth in demand at RMIT. The Master of Blockchain Enabled Business will cover blockchain and the economy, cryptofinance and fintech, building and using smart contracts, and blockchain for trade, as well as the legal, ethical, accounting and regulatory aspects of new technologies.

#2: Being skilled in blockchain positions you at the forefront of change

With skills in blockchain enabled business, you’ll have the ability to operationalise blockchain technology, transform stagnant industries and lead improved business models.

Not only will this skill set enable you to advance into senior roles, but it will also position you at the forefront of change. Through blockchain, you could be the decision maker when it comes to business collaboration, technology implementation and the reshaping of supply chains. You may also play a key role in advancing your organisation into the new age of cybersecurity, governance and sustainability.

When it comes to enterprise transformation, RMIT is a global frontrunner. Through Australia’s first Master of Blockchain Enabled Business, and the world-first Blockchain Innovation Hub research centre, at RMIT you’ll be equipped to lead at the frontier of the new digital economy.

#3: Blockchain technology will revolutionise a range of industries

Blockchain is already improving business operation within a number of sectors, from banking and finance, agriculture, and supply chain, to government, healthcare and education. As more organisations adopt the technology, blockchain is increasingly becoming a transferable skill.

In fact, a 2020 survey by Deloitte found that 55% of senior executives and practitioners in global organisations viewed blockchain as “critical” and in the “top five strategic priorities” in the next 24 months alone.

At RMIT, you’ll engage with thought leaders, industry mentors and networking hubs to gain the ability to adopt and apply blockchain across commercial, public and social enterprises. Through problem-based learning, industry-led case studies and business internships, you’ll build experience, practical knowledge and an ethical understanding of blockchain.

EMBA student

#4: Blockchain technology is global

Blockchain is a universal infrastructure that can store or transfer information anywhere in the world. It also integrates smoothly with existing systems and processes, making the technology viable for global implementation and expanding your international career opportunities. 

RMIT’s Master of Blockchain Enabled Business is online enabled and designed for flexible delivery, so you can still learn to lead in a globalised, international context in a range of in-demand roles and sectors - even if you’re studying from home.

#5: Blockchain can elevate your existing career

You don’t have to give up your current career to explore the possibilities of blockchain technology. In fact, applying your existing skill set and with a specialist blockchain lens is what could see you advance into a higher-paying role.  

Some examples of careers in blockchain include blockchain developers, designers, engineers, legal consultants and project managers. At RMIT, you’ll graduate with the skills to pursue these careers in a variety of business sectors, including finance, supply chain, government agencies and more. 

The future of business is decentralised. Study online now and on campus later, and get ahead of what’s next with the Master of Blockchain Enabled Business at RMIT.

Story: Pallavi Daniel

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RMIT University acknowledges the people of the Woi wurrung and Boon wurrung language groups of the eastern Kulin Nation on whose unceded lands we conduct the business of the University. RMIT University respectfully acknowledges their Ancestors and Elders, past and present. RMIT also acknowledges the Traditional Custodians and their Ancestors of the lands and waters across Australia where we conduct our business. - Artwork created by Louisa Bloomer