Ernst & Young Removes Degree Classification From Entry Criteria As There’s ‘No Evidence’ University Equals Success

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Ernst & Young Removes Degree Classification From Entry Criteria As There's 'No Evidence' University Equals Success
Ernst and Young Building on July 18, 2014 in Detroit, Michigan.

Ernst & Young, one of the UK’s biggest graduate recruiters, has announced it will be removing the degree classification from its entry criteria, saying there is “no evidence” success at university correlates with achievement in later life.

The accountancy firm 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”.

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.
Ernst & Young Removes Degree Classification From Entry Criteria As There's 'No Evidence' University Equals Success
Ernst and Young Building on July 18, 2014 in Detroit, Michigan.

“Our own internal research of over 400 graduates found that screening students based on academic performance alone was too blunt an approach to recruitment.

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“It found no evidence to conclude that previous success in higher education correlated with future success in subsequent professional qualifications undertaken.”

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The company offers 200 graduate-level jobs each year, making it the fifth largest recruiter of graduates in the UK. The changes will come into force in 2016.

Earlier this year, 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.

A report published last week revealed wealthy kids are 35% more likely to become high earners than clever, disadvantaged young people, even if they are not academically gifted.

Do you agree with Ernst & Young company over the university degree issue? Share with us your thoughts over the same in the comments section below.

Comments

comments

6 COMMENTS

  1. It holds some truth to some extent because the system of education nowadays is more of being drilled or cramming just to pass exams yet by the end of the day, there are no skills to offer.
    I think we should focus more on our talents and build on them …

  2. Ericko apewe is indeed the leader to bring the much-needed change to the institution..Its time fr change n ericko’s decision to go fr the chair’s seat is timely. .Go go ericko go…LAIKIPIA NEEDS U

  3. Brilliant idea,we have great potentials that are neglected based on the academic qualifications,some were soo much disadvantaged during their education, being out of classes due to lack of school fees, and their performance ended up being average.Am saying this because am a victim who managed to score a c+ in KCSE yet I managed to b in class for less than two yrs within the 4 years of high school education.Missing practicals could have resulted to this grade and if I was in class than doing my studies with no teachers support, possibly I could have performed better.The same challenges accompanied me in campus.This is a great idea

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