Economy

Pre-placement offers quite a rage in business schools

Shobha Roy Kolkata | Updated on February 11, 2019 Published on February 11, 2019

Pre-placement offers are usually given based on the candidate’s performance during summer internship   -  The Hindu

IIM-Kozhikode, XLRI have seen a 30% rise in PPOs this year

Pre-placement offers (PPOs) seem to be the flavour of the season across B-schools.

PPOs are usually given based on the candidate’s performance during summer internship.

XLRI had a total of 358 candidates in the 2017-19 batch of its flagship programme — the two-year Postgraduate Diploma in Management – HRM and BM. Of this, a total of 122 candidates received PPOs this year, nearly 34 per cent of the total batch size. The number of candidates getting PPOs stood at less than 100 around two years ago.

“There is a clear shift towards PPOs. More and more companies are now coming forth for summer placements and it is having a domino effect. It helps ease psychological pressure among candidatesand keeps them far more focussed,” Uday Damodaran, Chairperson, Placements (two-year PGDM programmes), XLRI, told BusinessLine.

IIM-Kozhikode witnessed a 33 per cent rise in the number of candidates bagging PPOs this year. As many as 120 out of the total batch size of 366 students received PPOs this year compared to 90-95 last year, Shovan Chowdhury, Chairperson – Placements, said.

IMI, New Delhi, saw a 25 per cent jump with nearly 50 PPOs being offered to the 2017-19 batch comprising 303 students.

Hedging strategy

Unlike earlier, an increasing a number of start-ups are flocking to B-schools with a good pay package. Hence, some companies treat PPOs as a hedging mechanism.

“Some companies are in fact losing good candidates to start-ups. So, they find it a good hedging strategy,” Dwarika Prasad Uniyal, Dean, FLAME School of Business, said.

Apart from easing pressure on candidates, PPOs also ensure that final placements are quicker.

Published on February 11, 2019

A letter from the Editor


Dear Readers,

The coronavirus crisis has changed the world completely in the last few months. All of us have been locked into our homes, economic activity has come to a near standstill. Everyone has been impacted.

Including your favourite business and financial newspaper. Our printing and distribution chains have been severely disrupted across the country, leaving readers without access to newspapers. Newspaper delivery agents have also been unable to service their customers because of multiple restrictions.

In these difficult times, we, at BusinessLine have been working continuously every day so that you are informed about all the developments – whether on the pandemic, on policy responses, or the impact on the world of business and finance. Our team has been working round the clock to keep track of developments so that you – the reader – gets accurate information and actionable insights so that you can protect your jobs, businesses, finances and investments.

We are trying our best to ensure the newspaper reaches your hands every day. We have also ensured that even if your paper is not delivered, you can access BusinessLine in the e-paper format – just as it appears in print. Our website and apps too, are updated every minute, so that you can access the information you want anywhere, anytime.

But all this comes at a heavy cost. As you are aware, the lockdowns have wiped out almost all our entire revenue stream. Sustaining our quality journalism has become extremely challenging. That we have managed so far is thanks to your support. I thank all our subscribers – print and digital – for your support.

I appeal to all or readers to help us navigate these challenging times and help sustain one of the truly independent and credible voices in the world of Indian journalism. Doing so is easy. You can help us enormously simply by subscribing to our digital or e-paper editions. We offer several affordable subscription plans for our website, which includes Portfolio, our investment advisory section that offers rich investment advice from our highly qualified, in-house Research Bureau, the only such team in the Indian newspaper industry.

A little help from you can make a huge difference to the cause of quality journalism!

Support Quality Journalism
This article is closed for comments.
Please Email the Editor
You have read 1 out of 3 free articles for this week. For full access, please subscribe and get unlimited access to all sections.