BITS-Pilani students offer themselves huge pre-placement offers
The increase in hires in the IT segment due to increased demand in the networking, cybersecurity, cloud connectivity and data science spaces has seen strong pre-placement offerings (PPOs) and internships for students from the Birla Institute of Technological Sciences (BITS) Pilani, Hyderabad and Goa campuses this year.
The 2021 pre-placement hiring season began this month, and all three BITS campuses received PPOs from companies such as Microsoft, DE Shaw, Google, Uber, Cisco, Adobe, Salesforce, Amazon, ServiceNow , Oracle and Flipkart in the IT segment, all of which hired aggressively, according to Balasubramanian Gurumurthy, chief investment officer, BITS Pilani.
The general industry trend is expected to be similar, with the IT industry looking to aggressively hire this year despite the pandemic.
Chipset makers such as Qualcomm, NVIDIA, Micron, and Western Digital were also on a hiring spree while the FMCG sector saw Hindustan Unilever and Mondelez hire interns on campus, with Exxon Mobil and Honeywell also doing so. offers for basic mechanical and chemical profiles.
In total, 497 students were able to obtain the opportunity of a summer internship in various companies, of which 357 students (71.83%) obtained a full-time offer from their company. During the 2021 hiring season, 409 students obtained summer internships and 287 PPOs. The average salary also grew by 6.2% to 28.99 lakh per year compared to 26.29 lakh the previous year in terms of PPO summer internship.
There is also a massive increase in the number of hosted businesses, with 87 businesses up from 46 last year, an increase of 89.13% over the same period. As a result, the number of placed students has also seen a huge increase of 65.25% (975 for 2022 versus 590 for 2021) so far.