The Future of Education

Edition 15

Accepted Abstracts

Quantum Computing as Uprising Topic for Business Students in Higher Educational Institutions

Franka Ebob Enow Ebai, University of Applied Sciences Northwestern Switzerland (Switzerland)

Bettina Schneider, University of Applied Sciences Northwestern Switzerland (Switzerland)

Adina Bächli, University of Applied Sciences Northwestern Switzerland (Switzerland)

Richard Elsasser, University of Applied Sciences Northwestern Switzerland (Switzerland)

Sven Peier, University of Applied Sciences Northwestern Switzerland (Switzerland)

Stefan Stanic, University of Applied Sciences Northwestern Switzerland (Switzerland)

Abstract

Quantum computing, dating back to the 20th century, has seen significant developments, and its market is expected to reach $125 billion by 2030 (AFCEA,2023). Besides, in today's rapidly evolving world with vast and complex data, quantum computing technology is increasingly becoming essential (Fujitsu, 2023). Despite its widespread applications in finance, healthcare, physics, and cybersecurity, there exists a noticeable gap in educational offerings tailored for business and economics students. The integration of this critical subject into the curriculum of business students remains an underexplored area, demanding more attention and insight within academic institutions. This paper aims to outline the historical applications of quantum computing in both scientific and business fields. We explore existing educational offerings of quantum computing for business students and investigate the potential of quantum computing to leverage business operations. Further, we examine the challenges encountered in both business and academic spheres when implementing quantum computing technologies. Finally, we provide strategic recommendations for businesses and academic institutions regarding applying quantum computing in such contexts. Our findings and recommendations serve as valuable guidelines for educational institutions seeking to integrate quantum computing into their business programs. Additionally, by showing the connections between quantum computing and business and addressing challenges, businesses can make more informed decisions and plan effective strategies.

KeywordsQuantum computing, Business Applications, Educational institutions, Quantum Computing Evolution

References:

[1] AFCEA. (2023). The Current State of Quantum Computing.
 
[2] Fujitsu. (2023). The new era of quantum computing: From expectations to practical preparation. Retrieved from https://corporate-blog.global.fujitsu.com/fgb/2023-11-07/01/
Some sources to be used in the full paper
 
[3] Ajagekar, A., & You, F. (2019). Quantum computing for energy systems optimization: Challenges and opportunities. Energy, 179, 76-89.
 
[4] Arute, F., Arya, K., Babbush, R., Bacon, D., Bardin, J. C., Barends, R., ... & Martinis, J. M. (2019). Quantum supremacy using a programmable superconducting processor. Nature, 574(7779), 505-510.
 
[5] Cao, Y., Romero, J., Olson, J. P., Degroote, M., Johnson, P. D., Kieferová, M., & Aspuru-Guzik, A. (2019). Quantum chemistry in the age of quantum computing. Chemical Reviews, 119(19), 10856-10915.

[6] Egger, D. J., Gambella, C., Marecek, J., McFaddin, S., Mevissen, M., Raymond, R., ... & Yndurain, E. (2020). Quantum computing for finance: State-of-the-art and future prospects. IEEE Transactions on Quantum Engineering, 1, 1-24. 

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