Getting Ready for Industry 5.0 & More
Industry 5.0 entails the use of robots and smart machines by humans to automate and make tasks easier. This revolution builds on the pillars of automation and efficiency and the technological leapfrogging has been made possible due to the use of Big Data Analytics, the Internet of Things, Artificial Intelligence and Machine Learning.
The vision behind this revolution is to go beyond the goals of efficiency and productivity and to enhance the contribution of industry towards the well-being of society. While Industry 4.0 was technology-driven, Industry 5.0 is value driven. The emphasis of Industry 5.0 is to be human-centric, resilient and sustainable.
It is envisioned that with the automation of routine and regular tasks, humans can focus on improving processes and adding a personal touch to make the consumer experience better. The focus is on hyper-customisation and increasing interactivity with the customer.
Q: Is CAT compulsory for MBA in Delhi School of Business?
Q: What is Delhi School of Business famous for?
Delhi School of Business (DSB) is famous for the following:
Strong industry connection: DSB has a strong industry connection and maintains relationships with top companies in all types of industries. This helps ensure that students have access to a wide and versatile range of placement opportunities.
Certification from IIM Shillong in Design Thinking delivered on the IIM Shillong Campus
Usage of Harvard Cases and Online Courses from Harvard Business Publishing Education
Focus on experiential learning: DSB's curriculum is designed to focus on experiential learning. This means that students have the opportunity to gain real-world experience through industry internships and projects. This helps them to develop the skills and knowledge that employers are looking for.
Extensive Placement Training: DSB has a very exhaustive programme that trains students on their aptitude, reasoning, critical thinking, creative thinking, and design thinking, along with practice GDs and PIs. This helps groom the students individually and extensively to perform better in the interviews.
Personalised career guidance: DSB provides personalised career guidance to each student. This helps students identify their strengths and weaknesses and develop a career plan that is tailored to their individual needs.
Placements: DSB has a good placement record. In the 2023 placement season, the average salary package offered to PGDM students was INR 9 LPA, and the highest package offered was INR 22.30 LPA.
Q: Is Delhi School of Business good for PGDM?
Delhi School of Business is highly regarded for its MBA program. Here are some key points about the college:
According to the official website of Delhi School of Business, it is ranked as India's No. 1 emerging Business School in Delhi, India, as per Times of India B School.
The college boasts a 100% placement record, with the highest package offered being INR 22.3 LPA, an average package of INR 9 LPA, and a median package of INR 8.23 LPA.
According to a webpage, nearly 100% of students were placed in 2023, with minimum salary packages ranging from 7 LPA to 14 LPA.
As per a review on YouTube, Delhi School of Business offers a conducive learning environment.
Industry 5.0 is not limited to industry alone but encompasses every sector, every organisation and every human. Also, it is not limited to the use of technology alone. The increased use of technology to make our lives easier emphasises the importance of creativity and innovation to think out of the box and carve out more resilient economies and a sustainable future.
Covid 19 has taught us that the pandemic can have adverse and far-reaching effects not only on livelihoods but also on the physical and mental health of people. For this, it is important to build resilience in individuals at a micro level and nations at a macro level. Most economies of the world today are facing headwinds of high-interest rates and high inflation. Clouds of recession are looming over the US and UK. The income squeeze directly affects the purchasing power of the people. China is facing the problem of a diminishing productive workforce with an ageing population despite having relaxed the strict norms of a one-child policy.
The recent IT tech layoffs have shown that all is not well in the technology domain too. The mass layoffs are ample proof that IT companies are rethinking ways to cut costs. Funds that were easily available and cheap, no longer exist. This also goes on to prove that professionals need to be amply skilled and resilient to face the extremely dynamic nature of the job market and be ready to face the headwinds coming their way.
Cryptocurrencies have taken the financial markets by storm. After the initial hype around cryptocurrencies, it has been seen that these have experienced massive devaluations, in the recent past. In order, to dissuade Crypto mining and trading, the Indian Government vide its Budget 2022, levied a 30% tax on profits made from Crypto trading. In order to legalise cryptocurrency, it announced that in India, RBI would be the sole authority to issue digital currency by laying down the proposal for the Central Bank Digital Currency (CBDC) or digital rupee. CBDC would act as a legal tender and will be considered acceptable for payments and a safe store of value. All types of digital currencies use blockchain technology and cryptography to secure transactions. These transactions are immutable and prevent the currency from being counterfeited. The future of payments across the world is going to be through digital currencies.
Q: Is United Group of Institutions, Greater Noida a good college?
Your personal preferences and objectives will determine whether United Group of Institutions (UGI) in Greater Noida is a top college for you. With placement rates reaching as high as 86% in certain programs, UGI boasts great placement fees. Graduates eventually land solid positions in reputable businesses across a variety of industries, including engineering, management, and IT.
- Focus: Case studies, guest lectures, and industry partnerships make up UGI's curriculum, which guarantees real-world application and transferable skills for the job market.
- Skilled Faculty: A large number of college staff members possess exceptional credentials and work experience, which allows them to provide invaluable advice and insights to students.
- Infrastructure & Facilities: The UGI campus features state-of-the-art amenities such as well-equipped labs, libraries, and virtual lecture halls that foster a conducive learning environment.
Q: How is Delhi School of Business to study?
Here is some information about studying at Delhi School of Business:
According to a review on a webpage, Delhi School of Business offers excellent facilities and a vibrant campus life.
The official website of Delhi School of Business highlights that the college is accredited by some of the most reputable educational boards in the country.
An alumni testimonial on the official website underscores that studying at the college has been a valuable and enriching learning experience, with new knowledge gained every day.
According to a YouTube review, Delhi School of Business provides a favorable learning environment.
Q: How is life at Delhi School of Business?
Campus life at Delhi School of Business is vibrant and engaging. The vibrant campus life brings together insightful seminars, cultural fiestas, and community initiatives organised by Delhi School of Business that give students the scope to engage in and lead exciting activities. With industry visits, fun club events, and entrepreneurship competitions. Students get an unparalleled range of activities for the development of their personalities.
Q: What are the cultural events that happen at Delhi School of Business?
They have many student activity clubs, like Fynamics, Mark, Ekagra and many more. Ekagra is the cultural club of Delhi school of Business. They organise all cultural event in college.They aim to keep the creative side alive and helps in discovering the hidden artistic talents. Most recent events organised by them are Azadi ka Amrit Mahotsav, Surmaya, Mindbea, Querentine-E-Bawarchi and many more.
B-School students and managers today need to equip themselves with the technological know-how, develop an attitude to face the headwinds coming their way and use the tailwinds as opportunities to propel their growth. They need to stay abreast of the latest technologies in Big Data Analytics, Artificial Intelligence, Machine Learning, Block Chain Technology, Cryptocurrency and more. Apart from knowledge of technology, they also need to think creatively and offer innovative solutions to problems. To remain professionally relevant, they need to develop an attitude of curiosity and life-long learning. And last but not the least, they need to strengthen their emotional resilience to face change coming from any direction.
About the author
Dr. Neerja Arora is the Professor- Analytics & Operations at Delhi School of Business, VIPS - Vivekananda Institute of Professional Studies -Technical Campus.
With an experience of over a decade in content, I have worked with various domains in content creation, marketing and auditing.
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Anything you would want to ask experts?Answered 2 months ago
The CAT exam score is not required for admission to the MBA programme at the Delhi School of Business (DSB). Candidates can secure a seat by submitting a valid score from any of the following exams i.e. XAT, CMAT, GMAT, MAT, NMAT, or an equivalent test. Therefore, it is not necessary to have a CAT s
Contributor-Level 10
Answered 3 months ago
The total tuition fee for PGDM in Fintech course offered at Delhi School of Business is INR 10.40 lakh. Students are required to pay the admission fee to secure their seat at the institute. Admission to the 2 year full-time PGDM (Fintech) programme is based on various national-level entrance exams.
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Contributor-Level 10
Answered 3 months ago
Application forms for Delhi School of Business (DSB) for the 2025-2027 session are expected to be released in October 2024. Students can visit the official website of the institute to know about any further admission related details, including, the exam date. DSB application cycle is usually from Oc
V
Contributor-Level 10
Answered 3 months ago
Delhi School of Business offers postgraduate diploma in management (PGDM) courses. DSB course admission is based on various national-level entrance exams, followed by personal interviews. DSB PGDM course is offered in 2 specialisations. Candidates can refer to the table below to know the total tuiti
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Contributor-Level 10
Answered 3 months ago
The highest package offered during Delhi School of Business placements 2024 is presented below:
Particulars | Placement Statistics (2024) |
|---|---|
Highest package | INR 23.9 LPA |
K
Contributor-Level 10
Answered 3 months ago
The median package offered during Delhi School of Business placements 2024 is presented below:
Particulars | Placement Statistics (2024) |
|---|---|
Median package | INR 8.23 LPA |
K
Contributor-Level 10
Answered 3 months ago
The total tuition fee of Delhi School of Business PGDM programme ranges between INR 10.26 lakh and INR 10.41 lakh. Find below the course-wise Delhi School of Business fees:
| PGDM course | Tuition Fee |
|---|---|
| PGDM General | INR 10.26 lakh |
| PGDM Fintech | INR 10.41 lakh |
Note: This information is taken from official sources and is subjective.
V
Contributor-Level 10
Answered 3 months ago
The placement rate recorded during Delhi School of Business placements 2024 is presented below:
Particulars | Placement Statistics (2024) |
|---|---|
Placement rate (students placed) | 100% |
K
Contributor-Level 10
No, CAT is not compulsory for MBA at the Delhi School of Business (DSB). The institute accepts other national/state level entrance exams such as XAT, CMAT, GMAT, MAT, NMAT, and others. It is not compulsory to only have a CAT score, as candidates who hold a score of any other equivalent entrance exam are also eligible to get admitted to MBA course. Aspiring candidates must qualify the eligibility criteria set by the institute for the desired course.