IIT Patna sees 74% increase in PPOs, Highest package offered Rs 82.05 lakhs

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Manager Editorial
New Delhi, Updated on Sep 28, 2022 18:57 IST

An average offer of about Rs 24 lakh was received last year, while this year the average offer has increased to Rs 28.50 lakh.

Indian Institute of Technology Patna has started the campus placement for B.Tech for the session 2022-23 with great success. In this session the institute has seen a tremendous growth of 74% in terms of number of PPOs as compared to 2021-2022 batch and about 16.70% growth in terms of average pay packages.

An average offer of about Rs 24 lakh was received last year, while this year the average offer has increased to Rs 28.50 lakh.

Multinational companies provide pre placement offers 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 pre-placement offers (PPOs). The summer internships usually last for 2-3 months, after the end of 6th semester of BTech curriculum.

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 (9 offers for SWE interns), Samsung (10 offers) and Service Now (6 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 pre-placement offers to the B Tech 2023 batch students of IIT Patna.

Dr. Asif Ekbal, ADean – Resources, IIT Patna said that since its inception, IIT Patna is continuously achieving new heights in the field of placement and IIT Patna is making continuous progress in the field of pre placement offers.

The maximum salary package so far this season has been Rs 82.05 lakh. Subsequently, various MNCs have offered salary packages of Rs 61.05 lakh and Rs 57.75 lakh respectively to B.Tech students for the roles of software development engineer.

It is a matter of great joy for the students that their job has been secured with these wonderful pay packages almost a year before they complete their Degree. 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 pre-placement offers to students.

The excellent pre-placement offers 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.

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About the Author
Manager Editorial

Abhay an alumnus of IIMC and Delhi University, has over a decade long experience of reporting on various beats of journalism. During his free time he prefers listening to music or play indoor and outdoor games.


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