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IIT Madras records strong pre-placement offers amid pandemic

The Indian Institute of Technology (IIT) Madras students bagged as many as 182 pre-placement offers (PPOs), were made to IIT Madras students this academic year as on November 28, crossing last year’s count, despite the COVID-19 pandemic.

The first phase of campus placements is scheduled to begin on December 1.

Texas Instruments: 12 offers
Microsoft: 12 offers
Qualcomm: 10 offers
Goldman Sachs: 9 offers
American Express: 9 offers
The strong show and increase in number of offers compared to last year’s 170 and 135 the year before that may be credited to the Internship Drive launched by the institute. For the first time in the history of the institute, the internship drive went completely online this year.

Forty-six of the pre-placement offers came IT, 29 per cent from the core and R&D sector, 19 per cent from analytics, consulting and finance and 6 per cent from FMCG.

“The sustained increase in the number of pre-placement offers this year is a clear reflection of the academic quality of IIT Madras and its students. I am optimistic that we would be able to carry forward this momentum and our students would obtain the best possible job offers in Phase I placements,” said C. S. Shankar Ram, adviser (training and placement), IIT Madras.

Day I of the internship drive was a great success with 17 companies participating virtually and making 140 Internship offers.

Highlighting the importance of internships, N.V. Ravi Kumar, adviser (internships), IIT Madras, said, “We have been observing a direct correlation between internships and pre-placement offers ever since the internship office was created. Internships provide an excellent opportunity for students to understand the working culture and expectations of the companies that they work for and for the companies to realize the potential of our students during that short period. When interests and expectations of interns and companies match, it culminates in pre-placements offers.”