MEMBER TIP: HIGHER EDUCATION INSIGHTS

Generative artificial intelligence in education: Opportunities and challenges

Dr. Faten Ben Bouheni, Associate Professor of Finance and Real Estate at Menlo College

Dr. Faten Ben Bouheni

The rapid advancement of Generative Artificial Intelligence (GenAI) presents both significant opportunities for enhancing educational experiences and important challenges related to maintaining academic integrity. As this technology reshapes how we learn and work, educational institutions must adapt to prepare students for an AI-driven future.

Industry Integration and Market Demand

Industries across all sectors are rapidly adopting GenAI solutions, creating unprecedented demand for professionals who can effectively integrate AI into traditional business functions. The finance and payments sector exemplifies this trend, where companies are seeking candidates with expertise in applying AI to areas such as:

  • Risk assessment and fraud detection
  • Algorithmic trading and investment analysis
  • Customer service automation
  • Regulatory compliance and reporting

This industry transformation has created a skills gap that educational institutions are working to address through innovative program offerings.

Educational Response: New Programs and Pathways

Universities and colleges are responding to market demands by developing specialized programs that combine AI expertise with domain knowledge:

Stanford University has launched an accelerated FinTech program that prepares students for the intersection of finance and technology.

Menlo College offers comprehensive degree options including a Master's degree in FinTech and a bachelor's degree focused on Artificial Intelligence applications.

UC Berkeley provides professional FinTech certificates for working professionals seeking to upgrade their skills.

These programs represent a broader trend toward interdisciplinary education that combines technical AI competencies with industry-specific knowledge.

Essential Skills for the AI Era

The job market increasingly values professionals who can:

  • Understand AI capabilities and limitations
  • Implement AI solutions within existing business processes
  • Maintain ethical standards while leveraging AI tools
  • Communicate effectively between technical and non-technical stakeholders
  • Adapt to rapidly evolving AI technologies

Best Practices for GenAI Integration

Augmentation, Not Replacement: The most effective approach to GenAI is using it as a tool to enhance human capabilities rather than replace critical thinking and creativity. Students and professionals should view AI as a powerful assistant that can:

  • Accelerate research and data analysis
  • Automate routine tasks to focus on higher-value work
  • Provide different perspectives on complex problems

The key is maintaining human oversight and judgment while leveraging AI's computational power and pattern recognition capabilities.

Moving Forward

As GenAI continues to evolve, the education sector must balance embracing innovation with preserving academic integrity. Success will depend on developing frameworks that allow students to harness AI's potential while developing their own analytical and creative capabilities.

From Connections Newsletter (Member Tips): August 2025

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The suggestions of the contributor do not constitute professional advice and are intended for general informational and educational purposes only.  Nothing contained herein is intended to be or should be used as a substitute for professional advice, and readers should not act or rely on this information without seeking specific guidance directly from a qualified professional.

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