Besides IIT-Madras, the Indian Institute of Technology (IIT), Guwahati also recorded a 21 percent increase in pre-placement offers (PPOs) this year, the institute claims. The main reason for this increase, experts believe, is practices.
This year, IIT Guwahati has witnessed an increase in the hiring trend specifically for technical roles with more companies offering PPO through internships. As a result, the institute has received the highest pre-placement offer of Rs 1.20 crore this year compared to Rs 56 lakh in the previous year.
A total of 218 PPOs have been made to students in the 2022-23 academic year (up to November 14), which represents a strong increase from 179 in 2021-22, 133 in 2020-21 and 2019-20, respectively.
The top companies with the strongest PPOs this year are Microsoft (26), Oracle (20), JP Morgan (14), Samsung Research-Bangalore (10), and BNY Mellon, Goldman Sachs, Google and Sprinklr (9).
In addition to these, multinational corporations such as Accenture, Adobe, Amazon, Axtria, Axxela, Bajaj Auto Ltd, Barclays, BNY Mellon, Cisco, Citrix R&D, DeShaw, DevRev, Flipkart, Fractal Analytics, GE Health Care, Goldman Sachs, Google , IBM, JP Morgan, Jaguar Land Rover India Limited among others participated and conducted PPOs for the students of IIT Guwahati.
Along with this, companies like Providence, DevRev, Winzo Games, John Deere and Salesforce have done PPO for the first time.