IIT-B students bag pre-placement jobs, software leads the numbers

Students at the Indian Institute of Technology, Bombay (IIT-B), are looking forward to having a great placement season this year with 137 pre-placement offers (PPOs) already in the institute's kitty. The number has seen a good increase as compared to 2016 wherein the institute had got 119 offers.

The IT or Software sector has attracted the most number of offers like the last few year with 37 offers followed by core engineering and technology companies with 32 offers. This is followed by the Finance Sector from which the institute has got 29 offers so far. Tom Mathews, professor in Charge of Placements, at the institute, said overall pre-placement scene at the institute is better as compared to that of last year. "We are getting more offers this year and are hoping to get a good number of companies during the placement season" added Mathews.

So far, seven Fast Moving Consumers Goods (FMCG) firms have come up with PPOs at the institute. When asked about startups and Public Sector Undertakings, Mathews said many companies from both these sectors have shown interest but refused to share any further details. Mathews also confirmed that some offshore companies have shown interest this year. A member of the institute placement committee said that after the ban on startups was lifted, a good number of startups have shown interest in participating this year.