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Indira Global Study Centre, Pune (IGSC) in collaboration with FOM University, Germany offers one of the most popular pathway programs. The title of the program is ‘Industry 4.0 & Management’ which is a two year, full-time, study abroad program.
Millions of students every year from India register to study abroad after graduation, seeking admission in foreign universities especially for their Master’s Degree. Here is an opportunity for them to study abroad from India with one of the renowned university in Germany, FOM University.
FOM University, Germany has strategically designed the Masters in ‘Industry 4.0 & Management’ program to provide a well-rounded education. The 1st year of this program will be conducted in Pune, India and the 2nd year will be conducted in Essen, Germany. Through this program you will acquire both business expertise and management skills as well as sound specialised knowledge of the digital transformation of industrial processes. This will help prepare students for a wide range of possible applications in the context of Industry 4.0 and qualify for demanding positions and management tasks in nationally and internationally operating companies across all industries..
The economy is becoming increasingly digital and networked. The intelligent linking of IT and business management systems enables a more flexible, individual, and efficient production as well as optimization of the entire value chain. Industry 4.0 has the potential to improve productivity and competitiveness, increase energy and resource efficiency and effectiveness and hence to protect the environment. Increasingly, Industries are applying innovative solutions, like Internet of Things(IoT), cloud computing, miniaturization, and 3D printing that will enable more interoperability and flexible industrial processes and autonomous and intelligent manufacturing. The core elements of an Industry 4.0 are automation, standardization, digitization, and networking as well as the merging of hardware and software.
In order to implement “Industry 4.0”, companies are dependent on specialized professionals who have both business management expertise and comprehensive skills in dealing with the key technologies of Industry 4.0.
There is a great demand for Industry 4.0 & Management professionals in India and Abroad. It is predicted that the demand will increase tremendously in the coming years.
Keeping in mind the huge scope in the market for Industry 4.0 & Management’ professionals, this course will serve as a foundation towards the students’ bright future.
Credit Points for FOM (Semester wise)
| Breakup | Amount | Final Amount in INR |
|---|---|---|
| First Year Tuition Fees | 4,37,000 + 78,660 (18% GST) + € 1,500 | 5,15,660 + 1,33,500 |
| Second Year tuition fees | € 7,500 | 6,67,500 |
| Total Tuition Fees | ₹ 13,16,660 Appx |
| Breakup | Amount | Final Amount in INR |
|---|---|---|
| Housing for 10 months | 4000 € x 12 = € 4800 | 4,27,200 |
| Day to Day expenses- Meal Conveyance etc | 350 € x 12 = € 4200 | 3,73,800 |
| Air Ticket | Appx 45,000 | 45,000 |
| Visa | Appx 30,000 | 30,000 |
| Insurance | Appx 65,000 | 65,000 |
| Miscellaneous | Appx 20,000 | 20,000 |
| Total of other expenses | ₹ 9,61,000 |
(Any Graduate ) with Minimum 50%:
INDIRA GLOBAL STUDY CENTRE