The ability to understand business processes, customer orientation and the product the company is selling, as well as being able to analyze data and draw conclusions and make decisions based on those conclusions that are in the best interest of the company, is incredibly important, said Perrier-Knox.

The new program will include three options: a 10-course diploma in Internet business technology, a 10-course diploma in management with a concentration in Internet business and a 5-course graduate certificate in Internet business.

Individuals who don't have a background in IT and want to gain more technical knowledge would opt for the diploma in Internet business technology, which includes courses in computer programming and database access, Lau noted. Those seeking less technical training and more business-oriented skills would benefit from the diploma in management. The graduate certificate targets individuals with a Bachelor of Commerce who don't need management training and computer science majors who didn't have business courses in their curriculum.