IIT Guwahati bags 179 PPOs in 2021-22, highest in three years

Institute has also seen the highest domestic offer through PPOs stand at Rs 64 lakh per annum

With industries recovering from the Covid-19 pandemic leading to a rise in the number of companies participating in campus placement, the Indian Institute of Technology (IIT) Guwahati has bagged 179 pre-placement offers (PPOs) so far.

Apart from receiving the highest number of PPOs in the last three years during the academic year 2021-22, IIT Guwahati has also seen the highest domestic offer through PPOs stand at Rs 64 lakh per annum (lpa) this year.

Most of the offers have come from sectors like Information Technology/Software, Finance, Analyst, and Product profiles.

According to IIT Guwahati, as this year the industries are recovering from the economic aftermath of the Covid-19 pandemic, there has been a rise in demand leading to an increase in the number of companies participating in campus placement. As a result, both the number of firms invited and expected to participate this year has gone up from 250 and 160 last year to 300 and 180, respectively.

The whole process is being conducted in a completely virtual mode where the companies and students are participating in the process from their respective places.

The hiring trend has been on the rise specifically for technical roles with more companies giving PPO offers through internships. Technical profiles of different organizations have increased as compared to last year. Additionally, data science and quant profiles have seen a large number of openings. No sector has been affected, with the core profile remaining stagnant as compared to last year.

Meanwhile, it is expected that the rising PPOs will reduce the institute’s dependence on final placement. Major companies that are hiring from Day One include Google, Microsoft, Apple, Oracle, Sprinklr, JP Morgan and Chase, Goldman Sachs, Bajaj, Uber, Schlumberger, Graviton, Amazon, Texas Instruments, Qualcomm, and Nvidia, among others.

Last year, the Institute had received a few international offers from Japan. This year, it is expected to get higher as compared to last year.