Why do an MBA in E-Commerce?

In terms of number of users, it is estimated that 1 billion people would be using the Internet in 2001. In a survey of 15,000 online customers by dotcom.com, it was observed that 67% of those surveyed, planned to get a web site within the next year, a majority of them want to start an online business of their own. Thus, a large percentage of consumers themselves are getting ready to identify their own niches and start a business. Total retail sales over the holiday period alone may reach $20 billion this year. Yearly sales over the Internet may reach 400 billion by the end of 2002. The growth in Business to Business (B2B) e-commerce is even more stunning. According to Gartner Group, the worldwide B2B market will grow from $145 billion in 1999 to 7.29 trillion in the year 2004.