What is Data Economy and Why Does It Matter?

Google was nearly bankrupt in the early 2000s and the board was talking 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 about 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 targetted 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 the 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.

Also Read: How to Get Ready for a Hybrid Workplace?

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 realising 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, 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.

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Top Career-Ready Courses After 12th: Explore Your path to Success at LLDIMS

Did you know that the course you choose after 12th grade can significantly impact your future career trajectory? With numerous options available, selecting the right one can be daunting. LLDIMS offers a range of career-ready courses designed to equip students with the skills needed for success in their chosen profession. At LLDIMS, the focus is on providing professional education that prepares students for the challenges of their future careers. By choosing LLDIMS, students can explore their path to success with confidence. Key Takeaways Navigating the Critical Post-12th Decision The moment you complete your 12th grade, you’re at a crossroads that demands a thoughtful decision about your career path. This decision is not just about choosing a course; it’s about laying the foundation for your future career success. The Impact of Course Selection on Future Career Trajectory Selecting the right course after 12th is crucial because it directly influences your future career prospects. The right choice can lead to a fulfilling career, while the wrong one might result in a challenging journey ahead. It’s essential to consider how different courses align with your strengths, interests, and the demands of the industry. Understanding Your Aptitude and Career Goals To make an informed decision, it’s vital to understand your aptitude and career aspirations. This involves reflecting on your academic strengths, identifying your interests, and exploring career options that align with them. Institutions like LLDIMS offer guidance and counseling to help students navigate this process, ensuring they choose a course that is right for them. By carefully evaluating your options and considering the implications of your choice, you can set yourself on the path to a successful and rewarding career. LLDIMS, being one of the best private colleges in Delhi NCR, provides a range of courses that cater to diverse career aspirations, helping you achieve your goals. Courses After12th: Career Pathways That Define Your Future As the job market continues to evolve, choosing the right course after 12th becomes a pivotal decision in shaping one’s future career. The landscape of career opportunities is constantly changing, driven by technological advancements and shifting industry demands. Emerging Career Trends in 2025 and Beyond The job market is witnessing a significant shift towards emerging technologies and innovative fields. Careers in data science, artificial intelligence, and cybersecurity are becoming increasingly prominent. Students opting for courses like BCA or BBA are likely to find opportunities in these growing sectors. According to recent trends, career after BCA and career after BBA are expected to be highly sought after, with a focus on digital transformation and data-driven decision-making. Aligning Education with Industry Requirements LLDIMS recognizes the importance of aligning its courses with industry needs. By doing so, it ensures that students are equipped with the skills required to succeed in their chosen careers. The institution’s focus on practical learning and industry connections helps bridge the gap between academia and professional expectations. Course Career Opportunities Industry Trends Bachelor of Computer Applications (BCA) Software Development, Data Analysis, Cybersecurity High demand for tech professionals Bachelor of Business Administration (BBA) Management, Marketing, Finance, HR Growing need for business leaders By choosing the right courses after 12th, students can position themselves for success in their future careers, taking advantage of emerging career trends and industry requirements. LLDIMS: A Center of Excellence for Professional Education LLDIMS stands out as a leading center for professional education, fostering a culture of innovation and learning. With a strong commitment to academic excellence, the institution has established itself as a premier destination for students seeking high-quality education. Institutional History and Reputation LLDIMS boasts a rich institutional history, built on a foundation of academic rigor and a commitment to producing industry-ready graduates. As one of the best private colleges in Delhi NCR, LLDIMS has garnered a reputation for excellence, attracting students from diverse backgrounds. Academic Philosophy and Teaching Methodology The academic philosophy at LLDIMS is centered around fostering a culture of learning and innovation. The institution’s teaching methodology is designed to equip students with practical skills and industry insights, ensuring they are well-prepared for the workforce. By focusing on a student-centric approach and incorporating industry requirements into the curriculum, LLDIMS ensures that its graduates are highly sought after by employers. Commerce & Management Pathways for Career Success LLDIMS offers a range of programs designed to equip students with the skills and knowledge needed to excel in commerce and management. The commerce and management fields are diverse, with various career paths that cater to different interests and aptitudes. At LLDIMS, students can choose from comprehensive programs that prepare them for the challenges of the modern business world. Bachelor of Commerce (B.Com) Program Overview The Bachelor of Commerce (B.Com) program at LLDIMS provides a thorough understanding of commerce, finance, and business practices. This program is designed to foster a deep understanding of commercial principles and practices. Curriculum Highlights and Specializations The B.Com curriculum includes a range of subjects such as accounting, economics, and business law. Students can also choose from various specializations to tailor their education to their career goals. Career Opportunities After B.Com Graduates of the B.Com program can pursue a variety of career paths, including roles in accounting, banking, and financial management. The program’s comprehensive curriculum prepares students for the demands of the industry. Career Path Job Roles Industry Accounting Accountant, Financial Analyst Finance, Banking Banking Bank Manager, Financial Advisor Banking, Finance Bachelor of Business Administration (BBA) Program The Bachelor of Business Administration (BBA) program focuses on developing core business competencies and leadership skills. This program is ideal for students who aspire to leadership roles in business. Core Business Competencies Developed The BBA program covers essential business subjects, including marketing, human resources, and operations management. Students develop a broad understanding of business principles and practices. Leadership and Management Skills Training Through the BBA program, students are equipped with leadership and management skills that are critical for success in the business world. The program emphasizes practical learning and industry exposure. Technology & IT Career Pathways at LLDIMS LLDIMS offers a comprehensive range of

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“ANTARMAN 2025”: LLDIMS Celebrates the Reel and Real Through Creative Student Expression

The campus of Lingaya’s Lalita Devi Institute of Management and Sciences (LLDIMS) buzzedwith creative energy on Tuesday, April 15, 2025, as the Department of Journalism and MassCommunication successfully hosted its annual inter-college film festival, “ANTARMAN2025.” This year’s festival, centered around the compelling theme of “Reel vs Reality,”provided a vibrant platform for budding artists and storytellers from across various colleges toshowcase their unique talents and perspectives. The one-day extravaganza witnessed enthusiastic participation in a diverse array of competitiveevents, each designed to explore the intricate relationship between cinematic portrayals and thecomplexities of real life. Students enthusiastically engaged in: The festival was honored by the presence of esteemed guests: Chief Guest, Dr. Kumar Jigeeshu,Assistant Professor at the College of Art, New Delhi, and Guest of Honour, Prof. Dr. DurgeshTripathi, Professor and Dean, USMC MOOCs, GGSIPU, New Delhi. A truly special aspect of “Antarman 2025” was the significant involvement of the department’salumni. Distinguished graduates from the Department of Journalism and Mass Communicationreturned to their alma mater and played a crucial role in the judging process alongside the ChiefGuest. Their presence served as an invaluable bridge between academia and industry, as theyshared their experiences and insights with the current students. In a heartwarming gesture, thealumni also had the honor of recognizing the talent by presenting certificates to the participants,and were themselves acknowledged for their continued support with certificates ofappreciation.Prof. Dr. Pranav Mishra, Director of LLDIMS, expressed his delight at the successful executionof “Antarman 2025,” reiterating the institute’s commitment to nurturing young talent andproviding practical exposure in journalism, mass communication, and related fields. Prof. Dr.Saleem Javed, HoD of Journalism and Mass Communication, LLDIMS, emphasized thesignificance of such events in the overall learning process.“Antarman 2025” witnessed enthusiastic participation from a wide array of esteemed colleges,including: SGT University, DPG Degree College, DLC Supva, JC Bose, YMCA, IIMC,Maharaja Agrasen Institute of Technology, Delhi Technological University, MVSIT, JCC (JIMS), Rohini, DAV Centenary College, Gargi College (Delhi University), Kalindi College(Delhi University), Maharaja Surajmal (MSIT), and Amity (Noida). The top-performing colleges in the various competitions were:

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B.Ed. and DPSE at LLDIMS: Your Gateway to a Successful Teaching Career

Introduction Education is the foundation of a progressive society. Teachers play a crucial role in shaping young minds. If you’re passionate about inspiring future generations, a Bachelor of Education (B.Ed.) or Diploma in Pre-School Education (DPSE) from Lingaya’s Lalita Devi Institute of Management & Sciences (LLDIMS) can help you achieve a successful teaching career. Why Choose Teaching as a Career? • High Demand – Skilled educators are always needed in schools, colleges, and educational institutions. • Job Security – The growing emphasis on quality education ensures stability and career growth. • Personal Satisfaction – Teaching allows you to make a direct impact on students’ lives. • Multiple Career Paths – A teaching degree opens doors to classroom teaching, educational administration, and research opportunities. Bachelor of Education (B.Ed.) at LLDIMS Course Overview • The B.Ed. program is a two-year professional degree. • It prepares candidates to teach at primary, secondary, and senior secondary levels. • It focuses on advanced pedagogical skills and teaching methodologies. Curriculum Highlights • Pedagogical Studies – Learn effective teaching techniques for different subjects. • Educational Psychology – Understand how students learn and develop. • Classroom Management – Master strategies for creating an engaging learning environment. • Assessment & Evaluation – Learn to design fair and effective exams. • Technology in Education – Use digital tools for modern teaching. • Internship & Practical Training – Gain real classroom experience. Career Prospects • School Teacher (Primary/Secondary/Senior Secondary) • Education Consultant • Curriculum Designer • Educational Researcher • School Administrator • Private Tutor / Edupreneur (Start your own coaching center) Eligibility & Admission Process • Educational Qualification – Bachelor’s degree (BA, B.Sc., B.Com) with at least 50% marks. • Entrance Exam – Clear the CET (Common Entrance Test) conducted by GGSIPU. • Duration – 2 Years. • Fee Structure – Approx. INR 1,00,000 – 1,20,000 per year. Diploma in Pre-School Education (DPSE) at LLDIMS Course Overview • The DPSE program is a two-year diploma. • It is designed for individuals who wish to teach at the pre-primary level. • It focuses on early childhood education and innovative teaching methods. Curriculum Highlights • Child Development – Understand cognitive and emotional growth in children. • Creative Teaching Methods – Learn play-based and interactive teaching strategies. • Classroom Management – Master techniques for handling young learners. • Storytelling & Rhymes – Enhance communication and engagement. • Health & Nutrition – Ensure overall well-being in early childhood education. • Internship & Practical Training – Gain real-world teaching experience. Career Prospects • Pre-School Teacher • Montessori Educator • Childcare Center Instructor • Special Education Assistant • Educational Content Creator (Designing curriculum & activities for early education) • Edupreneur (Start your own preschool or daycare center) Why Choose LLDIMS for B.Ed. and DPSE? • Experienced Faculty – Learn from highly qualified educators. • State-of-the-Art Infrastructure – Smart classrooms, well-equipped library, and modern teaching aids. • Hands-on Learning – Internship opportunities at reputed schools. • Holistic Development – Workshops, seminars, and practical training. • Placement Assistance – Strong industry connections for better career opportunities. How to Apply for B.Ed. and DPSE at LLDIMS? Step 1: Online Application • Visit the GGSIPU and SCERT official website. • Fill out the application form. • Upload the required documents. • Pay the application fee online. Step 2: Entrance Exam (For B.Ed. Candidates) • Appear for the CET (Common Entrance Test). • Download the admit card and check the exam schedule. • Attend the exam at the assigned center. Step 3: Result Declaration • Check your CET score on the official website. • Download the scorecard for further admission procedures. Step 4: Counseling & Admission • Attend the counseling session as per the schedule. • Choose LLDIMS as your preferred college. • Complete document verification. • Pay the admission fee to confirm your seat. Additional Certification Programs at LLDIMS • Special Education Training – Learn to teach children with special needs. • Digital Teaching Techniques – Incorporate modern technology in education. • Montessori Training – Focus on early childhood learning methodologies. • Creative Learning Modules – Enhance engagement through storytelling, puppetry, and arts. Join LLDIMS and Build a Successful Teaching Career! • The B.Ed. and DPSE programs at LLDIMS provide the necessary skills, knowledge, and practical experience to excel in teaching. • The strong curriculum, experienced faculty, and excellent placement support make LLDIMS, the best college in Delhi an ideal choice for aspiring educators. 📢 Admissions Open! Apply now and take the first step towards your dream career in teaching. We’re here to help! For more details, you can:  * Call the Admission Office: +91 88008-38255  * Email: info@lldims.org.in  * Visit the Website: www.lldims.edu.in  * Visit the Campus: LLDIMS, Mandi Hills, Near Chhatarpur Metro Station