PPOs have become a key hiring strategy for companies. According to an Economic Times report, companies such as Citibank, Mahindra & Mahindra and Philips, among others, are increasingly using the PPO route to pick candidates. In the process, top B-Schools are reaping the dividends.
XLRI, XIM, MDI-Gurgaon, Narsee Monjee Institute of Management Studies, Jamnalal Bajaj Institute of Management Studies, TAPMI, IMI, IIMs are all confident of surpassing last year's numbers. MDI-Gurgaon has received 52 PPOs till now from the likes of Deloitte, P&G, Coca-Cola, Reckitt Benckiser, Mahindra & Mahindra, JPMorgan Chase and Goldman Sachs.
The report quoted Kanwal Kapil, chairperson-placements, MDI-Gurgaon as saying, "The increasing number of PPOs showcases the fact that companies are realising the investments that incur on training the students for two months."
PPOs are made by companies to students who have interned with them based on performance, and generally result in a firm job offer
Read the complete report here