How is Industry 4.0 which is on the hot topic exactly defined? Not having been far from us, it should be assumed as the adaptation that we are approaching and doing in our everyday activities. Obviously, it can be seen IIoT (Industry Internet of Things) in Industry 4.0 as well as Sensors have also been utilized in the Agriculture and Production sectors. On top of that, we can endorse Digital Currency in Banking and Finance sector and now Mobile Banking has been developing widespreadly in our country. In the near future, the role of ATMs might have been faded away because of the extended area of Debit and Credit cards and Mobile Money & Digital Wallet on mobile phones. This would definitely be referred as the evolution from Traditional Economy to Digital Economy. Actually, the Revolutions are not very new to the world we live in. Instead, they came up repeatedly in the history. Now this time is the turn for Industry 4.0. Whenever the society faces with such Revolutions, the behaviours and procedures of everyday life have been changed in people.

As the result, in order to align with the practical hands-on experience in the workplace, the Education sector is responsible to adapt and modify the knowledge and experience delivered in the lecture room. Otherwise, the potential for job opportunities can be very challenging because of the unbalanced supply and demand in the industry. So, it is questionable that a graduate cannot get a proper job because whether the student is not concentration on the studies or the contribution from the University is not relevant to the actual workplace. In other words, the graduate students are necessarily demanding the knowledge and experience to fit in Industry 4.0 and Diginal Economy. Needless to mention, our Education sector has also been developed to the system of Education 4.0. Instead of conventional teaching and learning in which the students have to passively listen to and memorize what the teachers are delivering from a textbook right before the class as one-way communication, Education 4.0 is calling for the practical exercises based on the authentic workplace as student-centered atmosphere in the classroom. In layman’s terms, the students need to do more practical activities. As the parrot-learning has been outdated and irrelevant with the current Education, Assignment system has also come to replace with Formal exams regarding Assessment. For the specializations, Information & Communication Technology also known as Computing is highly demanding in our community these days. The reason doubtlessly is that Industry 4.0 in which the students need to work would be based on Technology such as Artificial Intelligence, Smart Technologies, Robotics, Internet of Things and Big Data. Meanwhile, Business Management has also been playing as the main role in this management generation because the former ways of managing things in Business no longer work because of the transition from conventional system to digital one. Honestly saying, I myself had to pursue my studies for PhD Degree in Management regardless of my original specialization in IT and Computing. That is why we are offering two major specializations of this century such as Computing and Business. In our academic setting as well, we are trying to integrate Theory with Practical in the lecture room. For each subject, our faculty members are providing extensive and comprehensive lectures, expecting the short term as well as long term prosperity and sustainability of the students. Next, the updated teaching aids and materials needed in the practical lectures have been provided effectively and efficiently. In order to empower the continuous learning of the students, we are offering the Post-Graduate Programs to the certain extent. For the Research and academic papers, to meet the criteria of a University, Editorial Board including Professors from International academic institutions has been established and publish on YIU-ejournal.edu.mm. Last but not least, I would like to inform that frequent Internship Programmes and Job Fairs are being organized cooperating with YIU’s partner Business enterprises in order to secure the employment opportunities of graduate students from YIU. Dr. Zaw Lin Founder PhD (Business Administration)