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Pre-placement offers find more takers at IITs amid global fears | India News


MUMBAI: Uncertainty over international opportunities, Big Tech tremors in the US and fears of a recession, have prompted candidates at the Indian Institute of Technology to sign up for what’s better : Pre-order offer (PPO). Most tech colleges have seen an increase in PPOs from companies and compensation has skyrocketed compared to previous years.
Students have the opportunity to try these PPOs at the end of their internships at companies. The increasing number of PPOs reduces the dependence of the institutes on the final location. IIT-Bombay saw 217 PPOs accepted by students from around 300 offers. Data from the placement office shows that in 2021, the university of Powai had 248 offers and 201 PPOs were accepted and a year ago, 153 offers were made.
This year, IIT Madras received 333 PPOs and the number is only growing. This is 44% higher than last year-231 PPOs were offered, of which 178 were accepted.
The corresponding current numbers for IIT Delhi are not available. Emphasizing the importance of internships for on-campus placements at IIT Madras, Professor P Murugavel, mentor (internship), IIT Madras, said, “The internship program provides opportunities for students show learned skills and companies seek out the desired talent. The success of the internship program at IIT-M is evidenced by the number of PPOs receiving more this year.” Interestingly, PPOs in core engineering and for R&D accounted for 44% of PPOs at IITM.
Some IITs have also improved their PPO adoption rates compared to the past; Compensation has also increased. IIT Guwahati received 218 PPOs, the highest in the past three years. IIT Guwahati has seen an increase in recruitment trends especially for technical roles with many companies offering PPO through internships. The highest PPO of Rs 1.20 crore was received this year compared to Rs 56 lakh last year. Abhishek Kumar, head of Career Development Center, IIT Guwahati, said: “Large companies have started to pay more attention to recruiting candidates through PPO mode.” Microsoft offers 26 PPOs, followed by Oracle (20).
At IIT Mandi, an international incentive was launched with Uber offering the highest PPO in terms of salaries.

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