Elements Covered in a BBA Course

What do you understand when you hear about a BBA course? Well, while for some individuals joining a BBA course in Delhi NCR is all about getting a lucrative job opportunity, for others, it’s so much more than a paycheck. People join the top BBA College in Delhi NCR, so they can build a rock-solid knowledge of everything that is covered in their MBA. Or else, for those who want to start their own venture, run it, and make it profitable just like the industry sharks, BBA from IILM is a great stepping stone to learn the basics and move to the advanced topics.

IILM has some big-shot regular recruiters like KPMG, Deloitte Tata Power, PWC, Dyson, Decathlon, Infoedge, Wipro, Panasonic, Accenture, Gartner, GFK, Scaler, Paytm, and more. You can choose your accommodation in the university’s modern and stylish doors with study zones, fitness and wellness centers and top-notch amenities. Join clubs for adding co-scholastic achievements to your career, or focus on improving your academic knowledge with leading faculties in every field. The university focuses on building thought-leadership through excellence in teaching and research and its faculty members come from different backgrounds to help students ingrain the basic topics in BBA, including:

1. Foundation of Business Administration
Here you learn the basics. At the core of a BBA course at IILM, you can extensively explore topics like accounting, finance economics, and management principles that serve as the bedrock of business operations. Faculties help you imbue a deeper understanding of economic theories, financial structures, and managerial strategies that can help you with effective decision-making, and more in the later days of your business management adventures.

2. Marketing Management
You understand how to set up a business, and how to run it; but, how do you present it to the outside world? Well, this is where marketing management courses from IILM comes into the big picture. In the BBA curriculum, marketing management elucidates the art of promoting products and services. Modules for marketing management encompass market analysis, consumer behavior, branding strategies, and digital marketing. When you learn marketing, you can get an in-depth understanding of the consumer psyche, market trends, and more that play a pivotal role in creating successful marketing campaigns.

3. Human Resource Management (HRM)
Businesses mean people, and HRM helps you comprehend the intricate dynamics of managing human capital within organizations. Topics span recruitment, employee relations, training, and organizational behavior. By studying HRM, students can gain insights into fostering a conducive work environment while aligning individual goals with organizational objectives.

4. Operations Management
BBA programs at IILM also include the study of operations management that shed light on optimizing processes for enhanced efficiency. This segment covers supply chain management, quality control, logistics, and project management, and using this course module, individuals can grasp the significance of streamlining operations for sustainable business growth.

5. Business Law and Ethics
Individuals also need a rock-solid understanding of legal frameworks and ethical considerations for seamless business administration. BBA coursework delves into contract law, business ethics, corporate governance, and regulatory compliance, and this equips future business leaders with the acumen to navigate complex legal landscapes while upholding ethical standards.

It’s a wrap!

If now you understand everything involved in BBA courses in Delhi NCR, and you want to learn them thoroughly, joining the top BBA college in Delhi NCR is indispensable. Enrolling for BBA at IILM doesn’t just look good on your resume or help you land high-paying jobs with placement camps; it can also help you become a pro in your field and compete with the giants in your concerned industry. Whether you want to handle your own business or manage the supply chain operations for an MNC, choose IILM’s BBA program, and you will be on your way to mastering business management.

Bridging Dreams to Reality: Your Journey Through the Top BBA Colleges in India

Unleash Your Business Leadership Potential at IILM – India’s Top BBA College

Do you envision yourself as a pioneering business leader, steering organisations to new heights? At IILM, we empower ambitious minds to turn vision into reality through value-based education grounded in academic rigour and practical exposure. 

With an unparalleled 27+ year track record in shaping successful business professionals, IILM University is internationally recognised as a Top BBA College in India, ranked among the nation’s premier management institutes. When you pursue your business degree at our world-class Lutyens’ Delhi campus, you become part of a rich legacy of excellence in developing future-ready leaders.

Our experiential pedagogy blends state-of-the-art simulations, live projects, and regular corporate visits to bridge theory with real-world application. From running realistic virtual companies to collaborating with leading brands on campaigns and strategic reports, we ensure you graduate with more than just academic expertise.  

Specialised BBA Programs Designed for Industry
Demands   

In response to evolving industry dynamics and employer expectations, IILM offers specialised BBA degrees beyond the traditional management focus:

BBA in Entrepreneurship

The entrepreneurship-focused BBA develops opportunity identification, business model creation, new venture planning, financing, and scaling up operations. Students get extensive instruction to build an entrepreneurial mentality for success.

BBA in International Management

This BBA is designed with industry experts and top MNCs to prepare people for international business careers. The programme helps students navigate worldwide marketplaces by managing diversity and comprehending foreign legislation.

BBA in Psychology/Communication

These innovative curricula combine management and behavioral sciences for strong blended learning. For more advanced leadership, students learn to utilize psychological and communication views in organizations.

Create a robust professional network to help you advance in your career, which is key to opening up opportunities for internships, jobs, mentorship, and more. Our BBA students actively engage with an expansive base of industry partners and IILM alumni occupying leadership positions across sectors.

Vibrant World-Class Campus in Delhi’s Coveted
Lutyens’ Zone  

IILM University

Strategically located in New Delhi’s eminent Lutyens borough, our institute is nestled amid heritage landmarks like India Gate and Lodhi Gardens that exemplify the capital’s old-world allure. Within this charismatic habitat, we host contemporary amenities:

  • 35,000+ Volume Library with Global Magazines and Periodicals: Access the latest international business publications across diverse genres.   
  • State-of-the-Art Computer Lab: Harness cutting-edge analytic/design tools with 24/7 high-speed internet.
  • Hygienic Cafeterias/Mess with Multi-Cuisine Options: Enjoy nutritious, delicious meals from various on-campus restaurants.  
  • Comfortable Separate Hostels for Girls and Boys: Our AC/Non-AC hostel rooms with single/double occupancy offer modern facilities plus round-the-clock security.  

International Exposure Through Global Tie-ups 

As a leading BBA college, IILM maintains exclusive associations with eminent global institutes, including the University of London, SBS Swiss Business School, and Monroe College USA. These partnerships open up worldwide opportunities for student exchanges, faculty collaborations, intercultural projects, bilateral conferences, and more.

 

Ambitious students can also access international transfer/degree options in tandem with overseas partners, attaining global credentials simultaneously while pursuing a full-time BBA in India through such agreements. 

Robust Placements with Leading Indian &
Multinational Firms

IILM University has an exemplary track record of placements across a spectrum of prominent recruiters, such as:

  • Consulting Biggies: KPMG, EY, PwC, Deloitte  
  • Banking Majors: ICICI Bank, HDFC Bank, Standard Chartered
  • Tech Titans: IBM, JP Morgan, Accenture  
  • FMCG Giants: ITC, Godrej, Marico, Nestle, and P&G  
  • Energy/Petroleum Empires: ONGC, Reliance, Shell, BPCL
  • Automotive Stars: Maruti Suzuki, Hyundai Motor 
  • Retail Champions: Shoppers Stop, Lifestyle, Pantaloons

Our extensive industry network opens up internship and job opportunities across diverse business domains, empowering students to realise their career aspirations.

Building Blocks of Success for a Prosperous BBA
Journey   

As one of the best colleges for BBA, through a balanced framework encompassing academic excellence, practical learning, a global outlook, and a value-based perspective, IILM University’s BBA curriculum lays the optimal foundations for leadership. Some highlights include:

  • Core Management Modules: Accounting, Finance, Marketing, HR, Operations, Economics, Business Statistics/Analytics
  • Specialisations via Electives: Entrepreneurship, International Business, Retail Management, Rural Management, Business Analytics  
  •  Interdisciplinary Perspectives: Psychology, Communications, Legal Aspects, Ethics
  • Experiential Learning Tools: Simulations, Student-Driven Projects, Industrial Visits  
  • Holistic Development: Leadership, Public Speaking through Co-Curricular/Extra-Curricular Activities

Take the First Stride Toward a Fulfilling BBA
Trajectory  

As one of the top BBA colleges in India pioneering cutting-edge management education, IILM opens up a world of opportunities to create impact as visionary business leaders. Our future-centric curriculum, hands-on industry exposure, global perspective, and stellar record in nurturing holistic business personalities set graduates up for excellence.  

 

If you aspire to advance your field by steering organisations to unprecedented success, IILM is the perfect Launchpad to commence your business leadership journey. The future belongs to trailblazers and achievers. Realise your true potential and define the way forward for enterprises with India’s premier BBA institute supporting your goals!

Choosing the Right BBA Program: Factors to Consider in Business Management Education

Today, one of the best career options is BBA in Business Management Subject. It is easy to start your career in Business Management by pursuing a Bachelor of Business Administration (BBA) program. This is a pivotal step towards a career in the dynamic world of commerce and leadership. The demand for skilled business professionals will always continue to rise and selecting the right BBA program can help shape your academic and professional career.

In this blog, we will explore the key factors to consider while choosing a BBA program, which sets the path for a successful career in business management.

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1. Accreditation and Reputation

Always look for a reputed college having a strong academic foundation. Choose only from accredited business schools. In the present scenario, organizations do not recognize a degree earned from an unaccredited school. In simple terms, accreditation means that the BBA School you’ve applied has been evaluated by an accrediting body and found to meet established standards. Passing out from such an institution makes it sure that you have learned the necessary skills for the job.

2. Curriculum and Specializations

Next, you’ll want to look at your school’s internship programs and look for their completed internship degree. Do they offer BBAs? What types of BBA courses are offered? Does the course look like it will prepare you well for the career you hope to pursue? These are all important factors to keep in mind while choosing the right BBA program. You will also want to check their list of available specializations. Students seeking business degrees usually choose a specific area of ​​focus.

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3. Faculty Expertise

An institution’s ability to achieve new levels of excellence is fuelled by a strong faculty formed of highly qualified and experienced professors and lecturers. One of the easy ways to check the faculty members’ qualifications is to search on different websites for student testimonials and professional platforms like LinkedIn. The faculty members are required to be highly qualified and experienced in their respective fields.

4. Experiential Learning Opportunities

Students pursuing BBA Program are supposed to undergo compulsory summer internship training in an organization for about six to eight weeks after they are done with second year of the course. Internships being a new phenomenon for almost all of these management students does create an anxiety in them as to how it shall be helpful for them, how to go about the complete process, and the likewise. Most of the top BBA colleges like IILM Undergraduate Business School do have their own Training and Placement Cell who are in constant touch with various employers.

5. Exposure through Extracurricular Activities

When short-listing BBA colleges for admission, you must look for the extra-curricular activities mentioned in the study curriculum. These qualities might include your leadership skills, ability to commit to and complete tasks, and dedication to your community and extracurricular involvement is an excellent way to highlight your personal qualities and career-related skills, so it’s important to make the most of your application.

6. Career Services and Placement Support

The placement cell must provide career counselling, training, and placement assistance to the students. Be sure to check in advance for information about university partners and collaborations. Corporate partnerships ensure maximum recruitment. You also need to check the median salary for the same, the number of people posted, the positions offered and so on. It is always better to get placed on-campus and make your future secured.

7. Industry Connect

The best BBA colleges in India are upgrading their course structure according to the industry requirements. That is the reason to include courses that have industry connections. Students get the exposure to networking that will help to build connections in their professional life. Industry connections always help you in learning from experts in the field and provide valuable career opportunities. Therefore, choosing the right BBA program is essential for advancing in your career.

Conclusion

Pursuing a BBA in Business Management Subject from a recognized & reputed university can provide you with a solid foundation and equip you with the skills necessary to succeed in the corporate world. The campus needs to be equipped with state-of-the-art facilities to provide a comfortable and productive learning environment. With its comprehensive curriculum, experienced faculty, excellent services, transfer opportunities and extracurricular activities, IILM Undergraduate Business School can be ideal for aspiring students successful in business. Those who aspire to develop their cultural intelligence can focus on our academic partnership programs, and decide to study in University of London, SBS Swiss Business School and Monroe College, USA.

Emerging Trends in BBA Education: What Top Colleges are Offering

The Bachelor of Business Administration degree is one of the popular undergraduate programs in India. With the country’s economy multiplying, the demand for management professionals is at an all-time high. Best colleges for BBA are continuously innovating their curriculums and teaching methodologies to meet the evolving needs of the industry. Here are some of the key emerging trends in BBA education at leading private colleges across the country:

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Experiential Learning through Simulations and Live Projects

Gone are the days when BBA programs solely relied on theoretical classroom lectures. Colleges are increasingly using experiential learning methods like simulations, case studies and live projects to provide practical exposure to students.

For instance, some colleges offer stock market simulations where students can experiment with virtual trading and investment strategies. This provides hands-on experience in how financial markets function. Similarly, live consulting projects with actual companies give students the opportunity to solve real business problems and challenges in the field.

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Focus on Specialized Domains

Earlier, BBA programs mostly offered a generic management education curriculum. However, today’s top BBA colleges provide specialized domain tracks so students can gain in-depth knowledge and skills in their chosen focus area.

Some of the popular BBA specializations offered by colleges include Marketing, Finance, Human Resources, Operations, Entrepreneurship, International Business, Business Analytics, Digital Marketing, Supply Chain Management and more. Opting for a specialized domain enables students to pursue careers in their field of interest right after graduation.

Integration of New Age Technologies

The business landscape today is being radically transformed by emerging technologies like AI, machine learning, data science, blockchain, robotics, IoT, etc. To prepare students to harness these technologies for business advantage, the best colleges for BBA are rapidly updating their programs.

These institutes are introducing new courses and modules focused on building in-demand technical skills. For instance, some leading colleges now offer specialized BBA programs in Business Analytics where students learn high-value skills like Python, R, Hadoop, TensorFlow, Tableau, SQL, NoSQL, data visualization and more. By providing in-depth exposure to such skills, colleges are improving the career prospects of BBA graduates in fields like business intelligence, digital marketing, fintech and various data-driven roles.

Focus on Holistic Development

In today’s fast-changing business environment, dealing with information overload, ambiguity, and unpredictability has become a critical skill for managers. Leading BBA colleges use psychometric assessments, mindfulness techniques, sports, and extracurricular activities to improve students’ cognitive skills, emotional intelligence, creativity, and overall personality.

Colleges have also introduced mandatory sports, meditation and yoga sessions to enable the holistic development of students. This prepares them to effectively handle workplace complexity and thrive in the volatile business world.

Global Orientation

To develop global business perspectives among students, top BBA colleges are introducing an international dimension in their curriculums. This is done through student exchange programs, international internships, courses on cross-cultural management, foreign language classes and more.

Such global exposure provides students with diverse experiences and equips them to work effectively in multinational organisations and multi-cultural teams. It also broadens their outlook to become enlightened business leaders of the future.

Strong Industry Linkages

Building strong connections and linkages with the industry is vital for management institutes to understand the latest hiring requirements and emerging trends in the corporate world. Leading BBA colleges are forming corporate advisory boards, inviting industry veterans for guest lectures, hosting recruiter talks, conducting employer surveys, etc., to foster close industry linkages.

Colleges also have dedicated industry connect cells to manage summer internships, final placements, frequent industry visits, live projects, and other initiatives that provide rich industry exposure to students. This helps them transition smoothly into the competitive corporate world.

Focus on Entrepreneurship

Entrepreneurship Students

With job uncertainty on the rise, top BBA colleges like the Top Private Colleges for BBA in Delhi are strongly encouraging entrepreneurship by introducing specialised courses on entrepreneurship, business model development, business plan competitions, startup incubators and accelerators, mentorship programs, etc.

Institutes are providing extensive support to students interested in entrepreneurship after their BBA. This includes startup seed funding to test ideas, co-working spaces for collaborating with other founders, legal and IP support to formalise ventures, networking events to connect with investors and mentors, entrepreneurship cells to provide coaching and handholding, and other valuable resources to enable students to successfully launch their startups or ventures after BBA.

Summing Up

Top Private Colleges for BBA in Delhi like Under Graduate Business School of IILM University are continuously evolving their programs through experiential pedagogies, technology integration, soft skills training, global orientation, industry partnerships and a focus on entrepreneurship to meet the dynamic needs of the business world. Students must evaluate these emerging trends and innovations while selecting an institute like UBS.IILM.EDU to obtain future-ready management education and maximise their career success.

Excellence in Education: Best Private BBA Colleges in Gurgaon

As Gurgaon has grown into a major corporate and financial centre, the city has also emerged as a hub for quality BBA education, with many excellent colleges opening up to meet the rising demand. However, when one evaluates these institutes on parameters like industry-relevant curriculum, corporate partnerships, campus infrastructure, faculty expertise and career support systems, one institute stands tall above its peers in Gurgaon. In this blog, we take a comprehensive look at the various aspects- from academics to extracurricular activities to placement records, that make IILM Institute the premier #1 destination for pursuing the Bachelor of Business Administration program in the Millennium City.

IILM’s faculty includes PhDs from top institutions. Famous academics and industry leaders use case studies, simulations, role plays, etc. to provide students an excellent learning experience. Industry connections and research supplement classroom instruction with practical views.

Why IILM is the Best BBA College in
Gurgaon

IILM College Infrastructure

With Gurgaon emerging as a central corporate hub, the city today boasts some of the best BBA colleges in India. However, when it comes to providing an industry-relevant curriculum, strong corporate linkages, state-of-the-art infrastructure, distinguished faculty, vibrant student life and stellar placement support, very few compare to IILM Institute for Higher Education. This blog details the factors that make IILM Gurgaon the premier destination for pursuing the BBA program.

1.     Industry-Relevant Curriculum

IILM’s BBA programme considers business change. Recruiters emphasise the programme’s teaching of communication, analytical thinking, problem-solving, leadership, and collaboration. Subjects like Organizational Behavior, Business Communication, Financial Accounting, Marketing Management, and Business Analytics have been specially included based on insights and recommendations from leading corporations.

2.     Strong Industry Linkages

IILM has established partnerships with over 300 leading corporates across diverse sectors who provide internships, conduct guest lectures, workshops & seminars, and actively recruit students for entry-level jobs and management trainee roles. Some major companies that IILM students intern and get placed at include KPMG, EY, Deloitte, Infosys, Concentrix, Star TV, HDFC Bank, and Tata Motors, among many others. 

3.     Dedicated Placement Support

Source: businesstoday.in/bt-schools

Right from resume-building workshops to mock interviews and aptitude test preparation, IILM’s robust placement cell provides end-to-end assistance to BBA students. It also conducts pre-placement training and grooming sessions to help students successfully crack written tests and face personal interviews with confidence. The placement cell regularly tracks industry trends and feedback to equip students accordingly.

4.     Merit-based Scholarships

IILM offers merit-based scholarships up to 100% of tuition fees to deserving students based on their class 12th percentage. There are also exclusive scholarships for talented sports achievers at national/state levels. The scholarships aim to provide financial aid and encourage meritorious students to opt for BBA.

5.     World-Class Campus Infrastructure

Spread over 3 acres, IILM’s sprawling Gurgaon campus offers world-class academic and hostel facilities fitted with all modern amenities. These include air-conditioned classrooms equipped with LCD projectors, a well-stocked library, computer labs with the latest software, a full wi-fi enabled campus, a well-equipped gymnasium and indoor sports complex, a hygienic cafeteria, 24×7 security and regular maintenance.

6.     Experienced Faculty

IILM has a team of highly qualified faculty members with strong academic credentials, including PhDs from reputed universities. The faculty comprises a mix of renowned academicians and accomplished industry experts who adopt a blended teaching approach using case studies, simulations, role plays, etc., to provide an exceptional learning experience to students. Their industry connections and research work enrich classroom learning with practical perspectives.

7.     Vibrant Student Life

With over 15 student-run clubs catering to a wide range of interests, BBA students at IILM Gurgaon find ample opportunities to pursue their diverse passions, build important leadership skills and gain organisational experience. The various clubs focus on domains like finance, marketing, human resources, entrepreneurship, sports, performing arts, photography, arts & crafts, debate, creative writing etc. These clubs are completely driven by student teams under faculty mentorship.

 

8.     Successful Alumni Network

IILM Future
Source: businesstoday.in/bt-schools

IILM BBA graduates become part of a 15,000+ strong alumni network, which has professionals working across the globe in leadership roles in top corporates like Google, Microsoft, Samsung, Flipkart, Airtel, Tech Mahindra and many more. The alumni actively provide mentoring support and career guidance to existing students.

Conclusion

Regarding industry-relevant curriculum, emphasis on practical learning, distinguished faculty, state-of-the-art facilities, vibrant student life and extensive career support, only some BBA colleges in Gurgaon can match up to IILM Institute. This is reflected consistently in IILM’s rankings among the top BBA colleges year-on-year by leading surveys like Outlook, Business Today, The Week, etc. 

So, if you are looking for the best launchpad to build a successful management career, the Best BBA colleges in Gurgaon deserve your serious consideration.

Exciting career prospective with BBA courses: Qualification, Eligibility Criteria, Admission Procedure

The Bachelor of Business Administration or BBA course is a popular undergraduate degree choice for commerce students after they complete their 12th-grade board exams. With over 500 BBA institutes in India, it is safe to say that students desire to become BBA graduates with much vigour and enthusiasm. But what happens once you acquire your BBA? What employment is available or should be pursued after completing the BBA course from Delhi’s finest college?

The possibilities are many, but only one must be chosen. It’s also preferable if you make an informed selection. In this post, you will learn about the finest employment for BBA graduates in every area and some outstanding after-BBA courses if you want to pursue higher study.

What exactly is BBA?

BBA is a common undergraduate degree program. The course is open to students from all three disciplines: science, commerce, and arts. A three-year full-time BBA curriculum is divided into six semesters. Industry professionals establish the BBA curriculum to help students learn about many facets of business administration and management through classroom lectures and practical assignments such as internships. The course will introduce students to many elements of business administration, marketing, and so on.

BBA courses are in high demand among students because they offer them a thorough knowledge of the management abilities necessary to successfully operate a business or organization. It also assists in thinking more clearly about the various phases and business-running approaches.

Eligibility for BBA course

Students pursuing BBA courses must have particular abilities and complete specific eligibility requirements. Students who pursue a BBA degree will get significant management and business abilities. These criteria, however, differ from one college to the next. Students who have finished intermediate and are waiting for their results can apply for the course. Aspirants should be thoroughly educated about admissions eligibility, entrance tests, fee structure, and important dates. Students can continue reading to learn more about their eligibility.

Qualification for BBA course

BBA can be pursued by students who have finished their Class 12 in any stream from an accredited educational board or university. Candidates must have a minimum aggregate of 50% or above in Class 12.

Admission Procedure for BBA Course

Once a student decides to pursue the BBA course and get a degree in it, he/she just needs to follow a few steps to get admission for it:
1. Apply for the BBA course through a registered institution or IILM University online.
2. Wait for the call of the entrance exam for the course
3. Attempt the exam and get a 50% or above score in it.
4. Answer simple interview questions after the entrance exam.
5. Get shortlisted for the course
6. Enrol by paying the fees if the student’s name appears on the merit list.

Salary and Job Descriptions for BBA

BBA salary might range between INR 4 and 25 LPA. Interpersonal skills, a field of specialization, and knowledge in that industry are some criteria that influence BBA course employment and monthly income. For freshers, BBA job income per month may be slightly modest initially, but as candidates develop relevant experience and expertise, their remuneration after BBA may grow.

● Human Resources Manager – A Human Resource Executive’s (HR Executive’s) role includes ensuring that the organization’s policies, methodologies, and HR programs are managed and its objectives are aligned with professional benchmarks, state and federal administrative requirements, and regulations.3.75 lakh rupees.

● Marketing Executive – A Marketing Executive creates official statements and promotes the organization’s goods, performs and assesses competition research, and creates marketing program objectives, expectations, and outcomes.2.91 lakh rupees.

● Manager of Marketing – A Marketing Manager works with product managers to implement new/modified programs to build better strategies. A market research analyst’s tasks include developing market research studies, analyzing their findings, and making the most significant use of marketing programs and campaigns for the organization’s products and services. The expected salary for this position can be around 6.84 lakhs.

● Sales Manager – The Sales Executive is responsible for developing and implementing strategies to grow firm sales revenue and market presence.2.44 lakh rupees.

● Manager of Research and Development – A R&D Manager oversees and manages an organization’s development and research initiatives to suit the organization’s demands. The role of an R&D Manager is to look into the scope of research projects and guarantee that they are completed on time and in budget.

● The Bachelor of Business Administration, or BBA course from IILM University, serves as the basis for your management education and ensures a promising career with the potential for rapid advancement to a mid-level management position in a company.

The Impact of Technology on Modern Business Management

In today’s rapidly evolving digital landscape, the role of technology in business management has become inseparable, revolutionizing how companies operate and achieve success. As organizations increasingly rely on technological advancements, the pursuit of a Bachelor of Business Administration (BBA) in Business Management has gained paramount significance. This article explores the profound and unique impact that technology has on modern business management, underscoring the critical role of a BBA in navigating this dynamic and ever-changing landscape.

• Automation and Efficiency:

The integration of technology in business management has brought about a revolutionary transformation by automating processes and enhancing efficiency. With automated inventory management systems and innovative artificial intelligence (AI)-powered solutions, businesses can streamline operations, reduce human error, and optimize resource allocation. Pursuing a BBA in Business Management equips individuals with the knowledge and skills to leverage technology effectively, thereby fostering operational efficiency and achieving higher productivity levels.

• Enhanced Communication:

Effective communication lies at the heart of business success, and technology has revolutionized communication channels. Real-time interactions, instant messaging platforms, video conferencing tools, and collaborative platforms have become indispensable in the modern business landscape. By pursuing a BBA in Business Management, students develop strong communication skills and learn to utilize technology to enhance both internal and external communication within organizations, fostering better teamwork and collaboration.

• Data Analytics and Business Intelligence:

In the era of big data, technology empowers businesses to collect, analyse, and leverage vast amounts of information for strategic decision-making. Advanced analytics tools and algorithms enable companies to gain valuable insights into customer behaviour, market trends, and operational patterns. A BBA in Business Management equips individuals with the analytical skills required to harness the power of data, enabling them to drive informed decision-making and gain a competitive edge in the marketplace.

• Improved Decision-Making:

Technology equips managers and executives with real-time information and data-driven insights, empowering them to make informed decisions. With access to key performance indicators (KPIs), interactive dashboards, and predictive analytics, decision-makers can identify trends, anticipate outcomes, and proactively address challenges. Pursuing a BBA in Business Management ensures individuals are well-prepared to leverage technology for effective decision-making in today’s fast-paced and dynamic business environment.

• Adaptation and Innovation:

Technology drives continuous adaptation and innovation in business management. Companies that embrace technological advancements and stay updated with the latest trends are better equipped to adapt to market changes and customer demands. Pursuing a BBA in Business Management encourages individuals to embrace innovation, explore emerging technologies, and drive organizational growth through technological advancements, ensuring long-term sustainability and success.

In conclusion, the impact of technology on modern business management is profound and multifaceted. It has redefined how businesses operate, communicate, and make decisions. As the business landscape continues to evolve, a Bachelor of Business Administration subjects serves as a vital foundation for professionals to navigate the complex intersection of technology and management effectively. Institutions like IILM Undergraduate Business School provide comprehensive programs that combine theoretical knowledge with practical experience, preparing students to harness the full potential of technology and excel in the dynamic world of modern business management. For more contact us: +91-9811102982 / +91-7827005579 / +91-9811165146 Or Email us: info.ubs@iilm.edu  Or WhatsApp : +91-8810554738

Never too late for an International Degree…IILM offers Lateral Entry to Undergraduates

I seem to have made a wrong choice! I cannot adjust to my college/culture/country! I am feeling homesick! I am not studying anything useful!

If you identify with any one of the above statements, it is time to take a corrective action. A lot of such thoughts come to young students’ minds when they take admission in a program at a particular college in a different country, different state or even their own home state. So much goes into the college admission that many a times these young students feel stuck with what choices they or their parents have made. When these choices have been made for an international college, it becomes even more obligatory to continue given the time, money and efforts spent on it. But even a well thought out plan of an “international degree abroad” or that “Engineering college” or that “close to home college” decision may not work out the way it was expected to be. Should you then just carry on despite feeling disconnected from within? An undergraduate degree is perhaps the most life changing degree that one undergoes. These are the years that help you discover yourself and gain maturity and a direction in life. What use is that degree that does not educate you, does not help you become a better you, does not make you feel excited and motivated for a bright future? Should you continue in that place and college despite no longer being sure of the choice that you made?

But what happens to the time that I have spent at this college, what about the effort that I have made in studying and clearing my exams, what happens to the credits I earned? Does it all go waste and I have to start afresh? If these are the questions in your mind, the answer is a big NO! What you should look out for, is a college that will recognize your efforts and help you continue your studies without a break in your education. At IILM Undergraduate Business School, every year we get several such students who want to revise their initial decision of having chosen a college and an Undergraduate program but are not satisfied with it. You can transfer those credits and take entry into the second or third year and be part of a 25 year old legacy of the IILM Undergraduate Business School (UBS) that has trained thousands of young students like you and made them successful business leaders and entrepreneurs. IILM UBS helps you develop an unparalleled network, learn subjects that are internationally benchmarked, in a hands-on practical manner that prepares you for life.

So if your current course and college does not excite you anymore and you are looking for a reputed college in Delhi that will give you an opportunity to correct that decision, write to us at info.ubs@iilm.edu or call us at 9873949490. Our admission counselor will help you identify the best fit for you.

Prof.(Dr.) Kakoli Sen

Myths about Green Economy: Busted

Greenery calms down our eyes and mind. It symbolizes life, freshness, nature, harmony, energy, and fertility. The world is facing serious challenges in environmental front. To motivate people to stop contaminating the environment, Environmentalist, and environmental enthusiasts are using “Green” concepts everywhere. At IILM with a blend of management and engineering, we create Eco friendly surroundings. Same concept is used for green economy.

“An economy is the production and consumption of goods and services and flow of money. Then what is Green Economy? Is Green economy all about planting trees in the world? Let us make it short and simple by explaining Green Economy. Green Economy stands for accelerating economic activities and infrastructure that are helpful in low carbon emission, increase energy conservation, and efficient use of resources.

There are certain myths about green economy, which you will also relay on-

  • Every business around is polluting environment. Agricultural waste makes Delhi’s atmosphere  suffocating every year, chemical fertilizers contaminating underground water. Agriculture a major sector in green economy is polluting our country. Therefore, green economy is just a concept for books.
  • Everything around is driven by fossil fuel. Electricity for metro trains generated from the thermal power plants using coal. In actual we are not conserving the environment. Environmental protection, social benefits and profit making cannot go together. Again, green economy is a myth.
  • Green economy cannot grow like fossil fuel based economy. This economic model will not get acceptability of citizens. So it is a myth.
  • Shifting economy from fossil fuel to other energy sources may result in job loss. Governments won’t be able to afford this, so it’s a myth.

Let us burst the Myths about Green Economy

#Myth-1 Industry transformation in Green Economy

Businesses will get transformed into green economy. Present MSME like renewable energy, sustainable transportation, waste management, green residential areas, water management, land management, fisheries, agriculture, forestry, etc. will work on large scale. There are certain areas in the business that yet to be explored. Organic farming can make agriculture non polluting, healthy and profitable.

#Myth-2 Environmental protection, Social benefits, and profit making cannot go together

  1. J. Kurian of Amul, Shri Mahila Grh Udyog and several other Indian examples has proven that social benefit and profit making can go together. Both of them uplifted the people financially. Government of Gujarat has introduced a project of installing solar panels on 19000 Km long network of canals of Narmada River. Hence, above myth has been proven wrong

#Myth-3 Growth of Green Economy is perceive slow

Renewable energy and recycling can be the key drivers to foster green economy. Availability of energy and raw material economically is the need of industry. Renewable energy is an economic and sustainable source of energy and recycling can provide cheaper raw material. India’s 55% of energy requirement will be covered by renewable energy sources by 2030, if this sector will grow at the same pace.

#Myth-4 Career and Job Opportunities are limited

Whenever technology shifts, it affects the job market, and existing jobs transform. India’s top business schools are carving our future managers and technocrats to work in present environment and cope up with future challenges. Research will play a key role for every student.

At IILM College of Engineering, Department of Biotechnology trains students in hydroponic technology, vermin compost, bio compost etc. Our Alumnus and existing students are working with reputed brands at renewable energy sector. Civil engineers at IILM are developing methods of using non-degradable plastic in construction. This will change the future construction techniques and minimize pollution.

Coming to the end of discussion, I would like to support  Green Economy as- industries can easily shift to renewable energy sources, Green economy will grow at the same pace like fossil fuel based on our  economy there will be no dearth of career opportunities. Green economy will contribute in better health of citizens. Citizens can start practicing basic  fundamentals of green economy by using solar power, compost in kitchen gardens which are  very beneficial in  conserving energy.

For more information on green economy related readings follow my blogs on IILM Blog site https://blog.iilm.edu or write to me at ashutosh.singh@iilmgsm.ac.in

Dancing Market: Optimism or Insanity?

In the era of COVID-19 when WHO has declared it as a pandemic. India is under the lockdown for more than sixty days like all other nations in the world. All the economic activities were shuttered down till lockdown 3.0. The future outlook for the Indian economy is not pleasant. Analysts are expecting negative growth for Financial Year 2021. Almost all medium and small-scale businesses are in crisis. Most of them have shut their shops and laid off their employees. Big business houses have announced a salary cut for their employees. For April, the Auto industry first time have observed zero production output. The unemployment rate is at an all-time high. Scores of migrant laborers have moved back to their native places.

In this gloomy scenario across the nation stock market is dancing like anything. Though, it is not at the record height as it was during February but it is not that bad either. Eventually, soon after the announcement of the lockdown market slumped to almost half but this state did not last long. At present, the market is hovering around the level of 2017 which under the present circumstances is quite amazing.

Barometer of Economy?

It is time to evaluate the phrase ‘SENSEX is the barometer of Indian Economy‘. Is it a barometer to gauge the economic activities anymore? The stock market is considered a leading indicator of the economy. It was believed that there is a high correlation exist between the stock market and economy but this correlation does persist?

Fool’s Paradise!

Though the stock market is not a true representative of the economy nowadays it seems like the market has divorced the economy especially to all whatever is happening around us; whatever is the reality of economic activities. The stock market is not showing any concern to the more than fifty-nine lacs corona positive cases around the world and more than forty-seven hundred deaths in India. Stock market and particularly investors are living in paradise.

Future Outlook

There are various explanations for this insane behavior of stock investors. First and foremost, the explanation is that stock prices are always based on the future outlook, not the present. Present stock prices are the discounted cash flows expected from stock in the future. So, the present stock prices reflect that investors believe that economy will have a speedy recovery shortly.

Expectations from Government

Investor’s expectation of a substantially large stimulus package from the government went in vain. Investors have a strong feeling that the government will be able to overcome all difficulties in the economic front. The historic decision of reducing the corporate tax rates and conceptualizing the idea of ‘Atmanirbhar Bharat’ is giving hope to the investors.

The central government, as well as Reserve Bank, has already taken measures in terms of various fiscal and monetary policies to infuse the liquidity in the system. The financial year which generally ends on March 31 has been extended till June 30 exhibits commitment of government toward economic measures. Investors are betting on such strong interventions of government to boost the profitability of corporate houses in the future. The first year of NDA 2.0 is rated positively by various analysts which is enough to boost the confidence of investors.

Investment Options

Even more, now investors have not left with more options to invest as the prevailing interest rate on government bonds and all small saving schemes have been reduced. If we adjust the returns from these schemes with inflation, we will get negative returns for almost all investment products. So, the stock market is the only option left for investors to park their excess money with.

Optimism for Vaccine

Stock investors are at present feeling more optimistic about the future than the doctors and scientists who are working on the development of a cure for the Corona virus. Investors are expecting that soon enough a vaccine for the same will be discovered on which the whole world is working.

Black-box Theory

Another theory argues that all investors are operating as a black-box process. No one knows about the future of investments or till when this pandemic end and the road to normality be back. It is just the mere expectations which are leading the market at present. Investors are also active because they fear being left behind. New investors are considering this time as an opportunity to enter into the market at this level which may not come around again.

Parallel with Lehman Crisis

If we draw a parallel between the current crisis with the financial crisis of 2009, we get a hint from there also about this euphoria in the market. In November 2009 when the future of economies was pathetic even then the stock market across the world was mostly up by more than 50 percent from the past year while the economies were only growing by 1 percent for that particular one-year period. People were investing based on their expectations not based on ground reality. So, again history is repeating itself in the market.

Advice for Novice Investors

It can be inferred that expectation of the majority is driving the market than reality. Investors are not acting insane rather they have optimist future outlook. For investors, market timing is really important. For a novice investor, it is time to get into the market with a long horizon. If you have missed the wagon in 2017 then prices are again around that level. ‘Buy with caution’ is the mantra for success.

At IILM, students are being prepared to analyse the economic situation and to identify the trend for investments to be successful. We conduct live trading sessions for better understanding of the same. For more information on stock market one can approach at kumar.saurabh@iilmgsm.ac.in.