XIM-B opens its PPO scorecard

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Amit Agnihotri
Columnist & Author, MBAUniverse.com
Updated on July 24, 2016
B-schools have started warming up for an exciting Placement season this winter. Students at Xavier's Institute of Management, Bhubaneswar (XIM-B) have already got eight confirmed Pre-Placement Offers (PPOs) so far and are expecting 35 more PPOs!

The batch strength is 180 students at XIM-B. XIM-B officials have shared this information with MBAUniverse.com.

Institute is also expecting average salary to increase to Rs 10 lakh, in comparison to last year's Rs. 8.77 lakh.

Various companies, which have evinced interest so far in recruiting students from XIM-B campus include Cognizant, Tata Corporate HR, Dr Reddy's, Vedanta and Future First.

Of late more and more companies are offering PPOs to the summer Interns. Speaking to MBAUniverse.com, placements official at XIM-B said, "This year we are seeing mixed trend where besides regular finance sector and IT companies, FMCG companies like Marico, Godrej, Britannia are also offering PPOs."  

However, banking and finance sector is the most preferred sector amongst students. Said placement official, "Sixty percent of our students want to go into finance and banking sector."  

The PPOs are outcome of summer projects that students undertake at various companies. Summer work experience in an organization gives both the organization and the student an opportunity to gauge each other's compatibility. Companies, therefore, consider PPOs and communicate their decision to the institute before the Placement Week commences.