MBA programs have become very attractive for students, especially
for the placement opportunities some business schools offer to their students,
but when it comes to placement most MBA
students tend to confuse with the terms used like for example PPI, PPO and
other related concepts. On this article we will explain to you these placement
terms in order for you to understand them better.
Pre-placement Offer (PPO):
This kind of job
offer is given to the students before ending the MBA major. The process for PPO
begins when the student is on his/her second year of the MBA program, at that moment, some companies and organizations offer
internships or summer placement, during that time students have to stand out if
they want the company to offer a permanent job opportunity, and this proposal
is known as PPO.
Pre-placement Interview
As its name
calls, this process takes place when an organization contacts an intern for an interview,
and the evaluation is based on the intern’s
performance during the interview and the quality of the job during the internship period, all these aspects
will be assess to define whether the candidate suits or not with the position
available in the company, if the intern has success during the process, the
company will offer him/her a PPO.
Deferred Placement
This is a period
in which companies and organizations offer MBA
students the chance to accomplish their job goals every two or three years,
during this period of time the students have the chance to impress the head of
the company, in case the students does not accomplish a position, they can
attend to placement sessions. Some companies even have stipend plans during these deferred
placement periods, in order to motivate them in develop all their
potential.
Placement process
The placement process
consists in finding an organization to apply for by sending a CV and waiting for an offer letter. This process can take
from two to three months.
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