Placement season is finally here! Several institutes across the country have kicked-off their placement process and a number of other colleges are expected to follow suit.
How strong is your knowledge of the technical terms related to placements? Do you know what a PPO is? What does deferred placement refer to? Here is a list of 10 terms associated with placements that students must know like the back of their hand:
1. PPO and PPI
PPO stands for Pre-Placement Offer while PPI is Pre-Placement Interview. Most candidates take up summer internships during their course of study.
The student first undergoes a two-three month internship at a firm (summer placements).
In PPO, the candidate (former intern) is given a job offer by the organisation before the final institute placements or during the placement process. This offer of full-time employment to the former intern is known as Pre-Placement Offer (PPO).
PPI is pretty similar to PPO. Here, the firm makes a Pre-Placement Interview offer to the student.