Ernst & Young removes degree classification from entry criteria
Ernst & Young has announced that it will remove the degree classification from its entry criteria, saying there is “no evidence” success at university correlates with achievement in later life.
The global accountancy firm, which is one of the UK’s biggest graduate recruiters, is scrapping its policy of requiring a 2:1 and the equivalent of three B grades at A-level in order to open opportunities for talented individuals “regardless of their background”.
The company offers 200 graduate-level jobs each year, making it the fifth largest recruiter of graduates in the UK.
Maggie Stilwell, EY’s managing partner for talent, said the company would use online assessments to judge the potential of applicants.
“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,” she said.
“Our own internal research of over 400 graduates found that screening students based on academic performance alone was too blunt an approach to recruitment.
“It found no evidence to conclude that previous success in higher education correlated with future success in subsequent professional qualifications undertaken.”
The changes will come into force in 2016.
Earlier this year, fellow ‘Big Four’ firm, PricewaterhouseCoopers (PwC) scrapped using UCAS points as entry criteria for its graduate scheme. The audit firm believes placing too much emphasis on the scores will mean employers may miss out on key talent from disadvantaged backgrounds, who can perform less well at school.