Indian Institute of Technology Madras has seen a 56% increase in the pre-placement presents (PPOs) this academic yr (2017-18). The institute provides received 114 PPOs this year when compared to 73 during 2016-17.
While core sectors accounted for the highest quantity of PPOs, there were also a large amount of offers from economic services firms. The major recruiters were Qualcomm, Microsoft, Citi, Goldman Sachs, Samsung R&D, and Texas Instruments.
Nearly 60% of the PPOs went to students of computer science and electrical engineering departments simply because the core engineering industry caters to the various other engineering disciplines.
Nori Archana, a B.Tech Civil Engineering Section student who will graduate in 2018 and has got a PPO from Goldman Sachs, said, “The number of PPOs have increased tremendously this season as compared to the previous a single which is an excellent sign for both companies and learners. We can clearly infer from this that companies are drifting to a PPO sort of recruitment from regular campus placements.”
Professor Manu Santhanam, Advisor, Training and Placement, IIT Madras, said: “One of the principal reasons is an increase in the number of internships in companies that are large recruiters such as the American Software business Microsoft, the telecommunications products firm Qualcomm and the multinational financial providers firm Goldman Sachs.”
The internships for students are facilitated through an institute-coordinated process.