Good Times At IITs: Job Offers Continue To Pour In

Indian Institutes of Technology are enjoying good times as they see pre-placement offers pouring in continuously. As the institutes get ready for the final placement process beginning December, companies are making pre-placement offers for final-year students. IIT Madras, which has already bagged 15 PPOs

across departments, expects 10 more offers. "Pre-placement offers from sectors like FMCG, IT and oil & gas have already been made.However, we are expecting 10 more PPOs to come over the next one

week, including offers from manufacturing and finance sectors," said Mr Anurag Nallapati, student placement in-charge at IIT Madras. The optimistic pre-placement scenario is evident through Singapore-based

Barclays Bank offering a salary package higher than last year's best (Rs 22 lakh or Rs 2.2 million) for one of the candidates. "Things are definitely looking brighter than last year," Mr Sunil Srivastava,

head of training and placement, IIT Kharagpur said. The institute received over 40 PPOs. Response from firms across sectors is also better this year as far as PPOs are concerned. Over 160 companies

have visited IIT Kharagpur and the institute feels that the number will rise close to 200. The improved scenario for PPOs is noteworthy because IITs and other higher education institutions had struck a low

in placement offers during the global financial crisis.

Source :   Business Standard