Ernst & Young Removes Degree Classification from its Entry Criteria
Career Path : Education News
Times Higher Education recently reported that Ernst & Young, one of the UK’s biggest graduate recruiters, will be removing degree classification from its entry criteria. This means that the accountancy firm will no longer require a 2:1 degree and the equivalent of three B grades at A level to be considered as a candidate. Instead, Ernst & Young will begin using online assessments to decide whether or not an applicant is a good fit for the company.
The decision came shortly after the company’s own research revealed that filtering students based only on academic performance is not the best approach to recruitment. Maggie Stilwell, EY’s managing partner for talent, said that this research “found no evidence to conclude that previous success in higher education correlated with future success in subsequent professional qualifications undertaken.”
Of course, this change does not mean that EY will no longer require academic qualifications, as Stilwell also stated; “academic qualifications will still be taken into account and indeed remain an important consideration when assessing candidates as a whole, but will no longer act as a barrier to getting a foot in the door.”
The changes will be implemented sometime in 2016.
Source: Times Higher Education