IIT-Madras sees surge in pre-placement offers

Qualcomm, Microsoft, Citi, Goldman Sachs among major recruiters

Updated - November 08, 2017 07:49 am IST - Chennai

Indian Institute of Technology Madras has seen a 56% increase in the pre-placement offers (PPOs) this academic year (2017-18). The institute has received 114 PPOs this year when compared to 73 during 2016-17.

While core sectors accounted for the highest number of PPOs, there were also a large number of offers from financial services firms. The major recruiters were Qualcomm, Microsoft, Citi, Goldman Sachs, Samsung R&D, and Texas Instruments.

Nearly 60% of the PPOs went to students of computer science and electrical engineering departments as the core engineering industry caters to the other engineering disciplines.

Nori Archana, a B.Tech Civil Engineering Department student who will graduate in 2018 and has got a PPO from Goldman Sachs, said, “The number of PPOs have increased tremendously this year as compared to the previous one which is a good sign for both companies and students. We can clearly infer from this that companies are drifting to a PPO sort of recruitment from conventional campus placements.”

Professor Manu Santhanam, Advisor, Training and Placement, IIT Madras, said: “One of the principal reasons is an increase in the number of internships in companies that are large recruiters such as the American Software company Microsoft, the telecommunications equipment firm Qualcomm and the multinational financial services firm Goldman Sachs.”

The internships for students are facilitated through an institute-coordinated process.

0 / 0
Sign in to unlock member-only benefits!
  • Access 10 free stories every month
  • Save stories to read later
  • Access to comment on every story
  • Sign-up/manage your newsletter subscriptions with a single click
  • Get notified by email for early access to discounts & offers on our products
Sign in

Comments

Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.

We have migrated to a new commenting platform. If you are already a registered user of The Hindu and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.