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Say for example i'm an M.I.S undergrad, is it beneficial for me to learn python since it's more used in the business field? Or would it be better to learn java as an i.t student.
I like python but not sure if it would be the perfect match for my degree.

Advice please.
My advice would be to look at the job postings for jobs you expect to get with your degree. See what they're looking for.