IIT Guwahati is becoming a favorite with recruiters as new companies are hiring students from the Institute.

A student from IIT Guwahati has been offered Rs 1.2 crore as a Pre-Placement Offer (PPO) in 2022-23 which is the highest since 2019-20.

This is important despite the economic downturn in the country with companies offering attractive pay packages.

Last year, the highest PPO offer was Rs 56 lakh.

A pre-placement offer is offered to an intern when the company wants the intern to join them permanently as a full-time employee after graduation. It is given to individuals who perform well in their internships at that particular organization.

The institute has registered a strong Pre-Placement this academic year with more than 21% increase in the offers during 2022-23. The Institute has already received a total of 218 Pre-Placement Offers (PPOs) this year against the 179 offers during entire 2021-22.

The PPOs will continue to be made till the commencement of Phase I of Campus Placements, which is scheduled for December 1.

Multinational corporations including 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, J.P.Morgan, Jaguar Land Rover India Limited, among others, participated and made PPOs to IIT Guwahati students.

Along with this, companies including Providence, DevRev, Winzo Games, John Deere, and Salesforce have made PPOs for the first time.

Prof. T.G. Sitharam, Director, IIT Guwahati, said he is happy to see the significant increase in PPOs this year.

"The PPOs made this year shows the hard work of students has paid off well. IIT Guwahati invites more companies to visit and participate in hiring the top talent of our country." he added.

A major factor behind this performance in PPOs is the strong internship program and Pre-Placement Talks arranged by the Centre for Career Development of IIT Guwahati for the students. The constant increase in PPOs is the result of excellent guidance by the mentors and performance of students during these sessions.

Explaining the factors behind the increase in PPOs this year, Dr. Abhishek Kumar, Head, Centre for Career Development, IIT Guwahati, said, “Major companies have started showing more interest in recruiting candidates through PPO mode and this has shown increasing trend for the last couple of years.

"We organized webinars in order to help students to gain insights about the fields and aid to their preparation. Along with this, we collaborated with technical clubs to help students reach the relevant study/ course material for specific profiles resulting in increase in the PPOs this year" he said.

IIT Guwahati has witnessed a rise in the hiring trend specifically for technical roles with more companies giving PPOs through internships. As a result, the Institute has received the highest Pre-Placement Offer of Rs. 1.20 Crore this year as compared to Rs. 56 Lakh from the previous year.

In the ongoing academic year, the Core Engineering, IT, Finance and Analyst sectors accounted for most of the PPOs till date.

Microsoft has made 26 PPO offers which is the highest followed by Oracle with 20 while J P Morgan made 14 offers.

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