Day: February 17, 2025

5 Industries You Should Watch as a BBA Graduate Post-COVID

February 17, 2025

5 Industries You Should Watch as a BBA Graduate Post-COVID The COVID-19 pandemic has revolutionized the world. We have cumulatively gone into chaos and are adapting our way out of it. One of the pressing questions that most BBA graduates now have is about the future of the job world post-COVID-19. Which industries will survive and thrive and which ones will continue their struggle as they are doing now? After passing out from one of the best BBA colleges in Delhi, you will naturally want to be strategic about finding employment. You will want to target those industries whose futures are bright and can offer you rewarding career opportunities both in the short and long run. Here is a list of 5 industries that are slated to grow post-COVID-19 and in the next few years. The pandemic has shown the world that people need these industries more than others and the market will be unwilling to give up their habit. The obvious sector that will grow after the COVID phase dies down. As the pandemic overwhelmed the industry, its major drawbacks revealed itself and both public and private players will be investing more to build healthcare’s structural and operational efficiency. This means more job openings will come from the industry and hospitals will start hiring as many business operators and managers as doctors and nurses. As a BBA graduate, healthcare should be the first industry that you must target as the high demand is already driving up the salary ranges and you can benefit by presenting the right skills. Online shopping and home delivery became necessities in the COVID era. And e-commerce companies benefitted the most as valuations of most firms increased by 100 folds in just over a year. The positive side to this story is that the growth will not stop once COVID is over. E-commerce will continue its boom as the industry has added new customers during COVID and a large section has become used to the convenience. Management is e-commerce’s secret to success and companies are looking for talent. With a relevant degree from one of the best BBA colleges in India, you can target the top names in the Indian e-commerce industry. Logistics has always been a bottleneck to India’s growth potential and the pandemic has revealed the skeletons once a mass movement of emergency supplies was required within short timeframes. Even the private sector struggled to keep up with the demand as the logistics infrastructure needed an overhaul way before 2020 hit. However, the market has woken up now and investments are flowing. The logistics industry will need business administrators at all levels. From supervisors to analysts, you will have a range of career options to choose from in the logistics industry. The COVID-19 pandemic pushed the world online and this shift brought a whole new set of challenges for almost all companies. Cybersecurity is currently a huge concern as hacking stories flood the news almost every day and ransomware has become the new buzzword. Statistics show that the pandemic has brought in a number of cybersecurity firms who not only need talented IT professionals but also business administrators who can run the houses efficiently. Even in India, the industry is just growing and this is your opportunity to tap into the benefits of a high-demand market. Education has always been a thriving industry in India. And it will get back on track once the COVID threat is over and schools and colleges can resume normal classes. Until that time, education has gone online and this has opened up new opportunities for BBA graduates. Soon after a degree from one of the best colleges for BBA, you can enter the education sector either by a school, college, university, education board, online courses company, and more. The startup ecosystem within the industry is also thriving as they are hiring a huge number of fresh graduates currently. With education, you can always stay in a growing field and develop intersectoral skills that will help your future career. Along with being thriving, you must note that these markets are competitive as well. Just like you, many other graduates are eyeing these growing industries to benefit from their latest boom. You thus need the best BBA training in India. You need to pick up futuristic skills to gather an edge in the job market. Lingaya’s Lalita Devi Institute for Management & Sciences, based in South Delhi and affiliated with the IP University, can prepare you in the required way to land the best job in a thriving industry. You learn from an experienced faculty, carry the brand value of LLDIMS and arrive job-ready at most companies. Following LLDIMS, you can build a successful career in any industry you want.

What is Data Economy and Why Does It Matter?

February 17, 2025

What is Data Economy and Why Does It Matter? Google was nearly bankrupt in the early 2000s and the board talked about selling the company. In the next 4 years, Google’s revenue rose by almost 3,590% banking on just one innovation. Amazon, at a similar time, was not making any profits. In fact, the company sold products online at a loss for quite a few years. Today, Amazon is one of the most valuable companies in the world and its CEO is the richest man. Amazon also banked on the same innovation that Google invented and applied. Both these companies, along with Facebook and Microsoft, used data as one of their assets. These corporations collected data from their users and are now using it to provide value to a variety of players in the market. So, what is a data economy? In simple words, it is a digital ecosystem in which various enterprises collect and pack user data and exchange it among vendors to offer value based on the underlying information. Take the example of Google’s business model. When you frequently search for cars in Google, the search engine collects this data and stores it in a central database. It next decodes this data to understand whether you are a simple car enthusiast or looking to purchase a vehicle. Accordingly, it aligns its advertisers and shows you targeted advertisements that tend to help both you as a consumer and the car seller as a business. Here, Google itself derived value from the available data. In the market today, multiple third-party players just collect data. One such company can collect data from you and sell it directly to a car manufacturer who then contacts you directly intending to sell a car. Thus, an exchange of data happens where one collects and the other uses and again, value is driven to both consumer and business in the end. The top B. Com colleges in Delhi have already started focusing on the data economy as the ecosystem has become an integral part of the market now. One who owns the most data is known to rule an entire industry, as is happening with big names like Google and Amazon. Why should it matter to you? Data, in its raw form, is useless. Data scientists work through data and bring out the true meaning hidden in its depths. With both these aspects available in abundance, businesses are still struggling the apply the interpretation adequately and derive maximum value out of the collected data. This is where you can step in as a graduate of one of the top B. Com colleges. Going forward, companies will be looking for employees who can execute that final step of customer conversion and this is why data economy matters for 21st-century freshers. The most profound effect that data economics has had is on marketing. Targetted advertisements have replaced traditional billboards and companies are investing heavily in digital marketing. Now, data may tell you that a particular set of customers are looking for a particular type of car. And it will be your job as a marketing expert to paint your company’s product in a way that resonates with that group of customers. This final step requires human creativity, closely curated by available data. Even sales tactics have changed exponentially in the data economy. Door-to-door sales pitches are vanishing and sales meetings are increasingly becoming fact-oriented. You will need the skill to eliminate useless data based on the client you are approaching and provide facts that can convert. Companies will want to see how efficiently you can work with data and its intended value and that will decide your success in the future. From banking to healthcare, insurance to e-commerce, every sector is now adapting the nuances of the data economy. Corporations have started realizing that this is indeed the future. The best B. Com colleges in Delhi NCR have already started training their graduates on these lines and that is where you should be headed to stay ahead of the market competition. We are now entering a world where SaaS, digital payments, the Internet of Things, and online banking will dominate. Enterprises will need more data-savvy, business experts. Lingaya’s Lalita Devi Institute of Management & Sciences, affiliated with IP University and based in South Delhi, is a top institution where you can train as per the necessary aspects of the data economy. LLDIMS provides unmatched exposure to its students in all modern and upcoming sectors and makes them job-ready by implementing efficient skill development sessions. In LLDIMS, you study in a futuristic B. Com course and ultimately become a graduate that future companies will want to hire. Progress will not wait for anyone and you should be ready to jump on the bandwagon.