IIT Madras: Core And R&D Sector Claims Bulk Of PPOs As Upwards Trend Continues

Indian Institute of Technology Madras (IITM), in the academic year 2018-19, has yet again recorded an increment in the number of pre-placement offers (PPOs) bagged by students, India Today has reported.

According to the report, while 114 students of IITM got PPOs in the preceding year, in the academic session 2018-19 the number rose to 130 students (excluding department of management studies).

The Department of Management Studies (DOMS) of IITM, which coordinates its own placements and internships, has also observed an increase in the PPOs during the 2018-19 academic session.

One of the main factor behind the good show in PPOs is the internship program at the institute.

"Each year, we have regularly seen an increase in the number of PPOs. This is primarily because of increased interest to recruit students after internships. Companies have a better opportunity to gauge the candidates during the 6-10 week internships as compared to a 30-minute interview." told Prof Manu Santhanam, advisor, training and placement, IIT Madras.

The major sectors where the PPOs were offered include Core and R&D (61 per cent), analytics, consulting and finance (19 per cent), fast moving consumer goods (FMCG) (14 per cent) and Information Technology (6 per cent).

Companies offering highest number of PPOs include Qualcomm (19), Samsung Research (16), Microsoft (9), Goldman Sachs (8), ITC (7) et al.

In DOMS, major recruiters companies include Accenture, Amazon, IBM, VIP Industries, Dell, Ford, Royal Bank of Scotland, Tiger Analytics, Wipro, Titan, Crisil and Freshworks.