IIT Madras

IIT Madras: Strong Pre-Placement Offers Are Received By Students Amidst IT Layoffs

Our Correspondent
Our Correspondent
Posted on 15 Nov 2022
10:14 AM
IIT Madras

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Summary
As of November 13, over 333 PPOs had been extended to IIT Madras students, as compared to 231 offers during the entire 2021–22 academic year
Pre-placement offers (PPOs) have been made to 44% of students this year in core and R&D, 30% in analytics/consulting/finance, 16% in the IT industry, and 10% in FMCG

The Indian Institute of Technology, Madras (IIT-Madras) claims to have had a solid performance in pre-placement this academic year, with the offers growing between 2022–23, despite significant layoffs occurring across the globe in the IT sector.

As of November 13, over 333 PPOs had been extended to IIT Madras students, as compared to 231 offers during the entire 2021–22 academic year, according to data provided by the institute. Up until December 1 when the institute will start phase one of campus placement, the number is only anticipated to rise.

Pre-placement offers (PPOs) have been made to 44% of students this year in core and R&D, 30% in analytics/consulting/finance, 16% in the IT industry, and 10% in FMCG. Qualcomm (19), Honeywell (19), Microsoft (17), Goldman Sachs (15), Texas Instruments (14), and Oracle (13) are the top employers.

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The institute claims that its "strong internship programme" is the primary factor in its participants' strong pre-placement success. This procedure makes it easier for students to intern at businesses and results in PPOs. According to a statement from the IIT-Madras, the continuous rise in PPOs is due to students' outstanding performance during their internships.

Last updated on 15 Nov 2022
10:14 AM
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