The pre-placement offers (PPOs) nearly doubled from 19 to 37 as on October 30 at the Indian Institute of Technology, Hyderabad, which is all set to commence its first phase of placements for academic year 2019-20 from December.
Most of the offers, including two international offers, have come from Information Technology and Information Technology-Enabled Services (IT/ITES) to undergraduate students. The PPOs are offered by prominent multinational firms such as Microsoft, DE Shaw, Goldman Sachs, Arcesium, Arista and Amazon.
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This year, as many as 476 students have registered for campus placements. “As our institute is more than a decade old, we have built a reasonable alumni base who are supporting the institute. The fact that we have almost doubled the number of PPOs this year shows encouraging outlook for the upcoming placement season,” said Pradeep Kumar Yemula, faculty in-charge (placements), IIT-H.
Simultaneously, the placement office at IIT-H has also started phase-wise internship recruitment drive from 2019-20 academic year. Phase-1 of internships was held in ‘fast-track’ mode during October with phase-2 scheduled to commence from January.
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In phase 1 of internships, 86 offers were rolled out by 25 companies including six international offers. Officials expect that more number of offers during phase 2 process of Internship will begin in January 2020 and will continue up to April 2020.
“By the end of the last academic year (2018-19), the institute had 89 internship offers from 25 companies. This year, we have already matched previous year’s record in phase-1 itself. We are hoping for more offers in first half of 2020,” said Yemula.
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