Pre-Placement Offerings (PPOs) for the Indian Institute of Technology (IIT), Madras, have seen an increase during 2020-21 compared to last year.
The first phase of on-campus placement is scheduled to begin December 1.
Up to 182 PPOs have been made to students in this academic year (as of November 28) versus 170 offers throughout the 2019-20 academic year.
The institutes’ internship program, conducted entirely online this year for the first time in its history to overcome restrictions due to the pandemic, could be the reason for the large number of PPOs, a press release here said Monday.
Internships, facilitated through a process coordinated by the institute, allow students to undertake internships at companies that are great recruiters.
The steady increase in PPOs was the result of excellent student performance during internships.
Microsoft and Texas Instruments led the pack offering 12 PPOs each, followed by Qualcomm with 10 and Goldman Sachs and American Express with nine each, according to a statement from IIT-Madras.
According to CS Shankar Ram, Advisor (Training and Placement), IIT-Madras, the sustained increase in the number of PPOs this year is a clear reflection of the academic quality of IIT-Madras and its students.
I am optimistic that we could continue this momentum and that our students would get the best possible job offers in Phase 1 placements, ”he said in the statement.
The first day (August 30) of the internship campaign saw 17 companies offering 140 internships.
In 2019, 147 internship offers were made on the first day, according to the statement.
NV Ravi Kumar, advisor (internships), IIT-Madras, said: We have been seeing a direct correlation between internships and PPO since the internship office was created.
Internships provide an excellent opportunity for students to understand the work culture and expectations of the companies they work for and for companies to realize the potential of our students during that short period. “When the interests and expectations of interns and companies coincide, culminating in pre-placement offers, he added.
The main sectors that offered PPOs during 2020-21 were information technology (46%); core and R&D (29 percent); analytics, consulting and finance (19%) and FMCG (6%), according to the statement.