“In this world, there’s two kinds of people, my friend: those with loaded guns, and those who dig. You dig.” — The Good, the Bad and the Ugly (1966)
Clint Eastwood’s iconic line hits harder than you’d think. It’s a stark reminder of power dynamics—not just in the Wild West, but even in today’s world. In every scenario, there are those who control the game and those who are left scrambling. Whether you’re gunning for success in your career or managing your personal finances, one thing remains the same: you need to have the right tools and the know-how to wield them.
If not, you’ll end up doing the grunt work while someone else calls the shots.
The Unsung Hero Behind Every Tool
It’s easy to get caught up in the excitement of the latest apps and gadgets. But at the end of the day, the real magic lies in how you use them. Computation tools are like a sports car—the driver’s expertise, it’s just another piece of metal. The skills you bring without to the table are what truly make the difference.
Computation skills are not something you’re born with, they’re built. Whether you’re navigating complex data sets or balancing your finances, computation skills are what turn hard tasks into easy victories. Without these, even the most advanced tools might miss the mark.
Why Computation Skills Matter
Now, you might be thinking, “I’m not a data scientist or a mathematician. Why do I need computation skills?” The answer is simple—everything you do today involves data. Whether it’s managing your personal budget, analysing an investment opportunity, or figuring out how to pay off your student loans, computation skills are essential.
In fact, a 2023 report by the World Economic Forum highlighted that 83% of finance professionals believe advanced computation skills are vital for making informed decisions. And it’s not just about getting the numbers right – it’s about thinking critically, solving problems, and making smart, data-driven choices.
Having strong computational skills allows you to process and interpret the data that bombards us every day. Whether it’s figuring out how to optimise your investments or managing tax calculations, these skills are your secret weapon for success.
The Growing Demand for Computational Thinking
Businesses are grappling with mountains of information, and without the proper tools and skills to sift through it, it’s like trying to navigate a ship without a compass. From budgeting to forecasting, investment strategies to tax calculations—every area of commerce relies on computation.
A study by Deloitte found that 72% of companies using advanced financial tools reported improved decision-making capabilities. But the tools alone aren’t enough. They need to be wielded with precision and understanding, and that comes down to having the right skills.
An Essential Piece of the Puzzle
We’ve talked a lot about skills, but let’s not forget the tools. While computation skills are the driver, computation tools are the vehicle. For commerce students, these tools are indispensable. But here’s the catch—many students just aren’t getting the hands-on experience they need to use them effectively.
Sure, there are plenty of YouTube tutorials and online resources that show you how to use the latest gadgets and software. But the problem is, watching a video or reading an article is different from practicing in a real-world setting. That’s where schools should play a huge role. Public learning spaces, like schools and colleges, should integrate these tools into their curriculum, giving students practical, hands-on experience. Unfortunately, in a country like India, pulling off such an initiative requires a massive number of resources—capital, facilities, and most importantly, the right approach to education.
This is exactly why private players need to step in. It’s a bigger cause that demands collaborative effort. Experiential learning shouldn’t just be a fancy word; it needs to become a core part of how we educate future commerce professionals. Commerce, as a subject, demands practical knowledge—yet it’s often the one lacking it the most. And that’s a serious issue that needs immediate attention.
Enter Nergy Vidya. They’ve designed a range of computational tools that not only simplify financial calculations but bring real-world scenarios into the classroom. Their tools are the bridge between theory and practice, helping students truly grasp the complexities of commerce with ease.
In the next article in this series, we’ll dive deeper into how Nergy Vidya’s computational tools are transforming commerce education. From real-time learning applications to preparing students for the real world, we’ll explore why these tools are essential for every commerce student’s toolkit.
To be continued.