Patna: Indian Institute of Technology, Patna, (IIT-P) this year saw a huge surge of 74% in pre-placement offers (PPOs) as compared to 2021-2022 batch, and about 16.70% growth in terms of average pay packages. An average offer of the tech graduate of the institute rose to ₹28.50 lakh in 2022-23 as compared to ₹24 lakh was received last year.
Multinational companies provide PPOs to the students on the basis of summer internship. In today’s changing environment, as the internship-based hiring model is growing, the focus of the institute is shifting particularly towards promoting summer internships, which enable students to receive PPOs. The summer internships usually last for 2-3 months, after the end of 6th semester of BTech curriculum, a press communique from the IIT-P said.
The companies test various aspects of the students during the internship period, which include their analytical approach, mindset to work on the project given to them, and their documentation and presentation skills etc. on the basis of which PPO is awarded to the interns.
So far this session, 61 students have received PPOs from 22 companies for different job profiles. Google (nine offers for SWE interns), Samsung (10 offers) and Service Now (six offers) are among the top recruiters. Twilio and Adobe are also on the list, along with four PPOs for software interns. Amazon, the world’s leading company in the field of e-commerce, has also given four PPOs to the B Tech 2023 batch students of IIT Patna.
Asif Ekbal, dean – resources, IIT-P, said that since its inception, the institution is continuously achieving new heights in the field of placement and IIT Patna is making continuous progress in the field of PPO.
The maximum salary package so far this season has been ₹82.05 lakh. Subsequently, various MNCs have offered salary packages of ₹61.05 lakh and ₹57.75 lakh respectively to B.Tech students for the roles of software development engineer.
Atlassian, Uber, Flipkart, Indeed, SMS Datatech, Arista Networks, American Express, Publicis Sapient, Perceptive Analytics, Accenture India, Bloomberg and DirectI are among the companies that offered PPOs to students.
The excellent PPOs received at the beginning of the session indicate that the upcoming placement season is going to be even more spectacular.
It may be noted that in the last session, 154 reputed companies from across the country and abroad had provided 412 job offers in IIT Patna. Today, the world’s leading multinational companies and emerging startups are acknowledging the technical knowledge and leadership approach of the meritorious students of IIT Patna, this is the reason why IIT Patna is making steady progress in the field of internships and placements.