IITs are expecting a bumper recruitment this year as pre placement offers galore
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Indian Institutes of Technology (IITs) are looking forward to better placements this December as compared to last year in the same month. There has been an increase of about 25%-30% in the pre-placement offers (PPOs) and the companies are eager to sign up to recruit the students.
The companies that had already hired students as interns have taken the PPO route this year and are ready to recruit them full time. SeveralIIT-Roorkee students have been hired by the PPOs in the companies like American Express India, Vodafone, Accenture Services, Visa and Capital One Financial Services . Similarly in IIT-Kanpur, Barclays, which used to visit the campus, has offered PPOs to candidates, but has not confirmed its participation in the placement season. HUL is another such company.
"Across IITs, we have seen that PPOs are on the rise. We expect the number to go up. The rise in PPOs is the fallout of the internship process getting streamlined," IIT-Madras training and placement advisorManu Santhanam told ET.
IIT-Madras, last year, received 69 PPOs and it has already received 64 this year.
InIIT-Bombay , 125 companies have signed up for the recruitment through the PPO route. According to Rakesh Patel , Placement Team Leader, 270 companies have already signed in and the figure is expected to touch 320. . At IIT-Roorkee, a little more than 110 "quality" PPOs have been offered and 30 are in the pipeline. This marks about 305 rise from last year.
"These are very good PPOs, not those offered by start-ups. Nearly 300 companies are expected to land up on campus for the final placement process," placement head N P Padhy, told ET.
IIT-BHU has also seen a hike of about 32% in PPOs to 94 from 72 in 2015. IIT-Kharagpur has received 150 PPOs and is inching closer to its last year's mark of 170.
The institute is expecting 250 companies to arrive on campus for recruitment, which begins, from December 1. Around 1,950 students are gearing up to sit in the placement process.
(image: Indiatimes)
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The companies that had already hired students as interns have taken the PPO route this year and are ready to recruit them full time. Several
"Across IITs, we have seen that PPOs are on the rise. We expect the number to go up. The rise in PPOs is the fallout of the internship process getting streamlined," IIT-Madras training and placement advisor
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The institute is expecting 250 companies to arrive on campus for recruitment, which begins, from December 1. Around 1,950 students are gearing up to sit in the placement process.
(image: Indiatimes)
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