Bhubaneswar: Amidst doubts about the placements of engineering students during 2020‐21, the pre‐placement offers (PPOs) now being handed out at IIT Bhubaneswar point at an encouraging placement season ahead.
Many companies like Microsoft, DeShaw, Goldman Sachs, GEP Solutions opt for PPO as it helps them gauge candidates better, over longer periods of time and in real work situations. Companies make pre‐placement offers based on the performance of the candidates who have interned with them.
Prof R.V. Raja Kumar, Director, IIT Bhubaneswar said the premier institute has seen a surge in PPOs this year with the offers received already equalling the last year’s total offers and is sure to surpass. Offers as high as 43 LPA CTC have already been made.
Majority of them are core industries and are wide ranging indicating a health trend. While the PPO’s are due to the excellence of education and the students doing extremely well in the same at the institute, these also indicate a positive placement scenario in spite of the pandemic situation affecting the business economy throughout the globe.
It is also satisfying that placements of the institute are even better than some of the senior IIT’s. The final year students are gearing up for the upcoming placement season at IIT Bhubaneswar which is scheduled to start from October 31 via online mode owing to the COVID‐19 restrictions.
