Times Higher Education Chris Havergal Aug. 3, 2015 One of the UK’s biggest graduate recruiters is to remove degree classification from the entry criteria for its hiring programmes, having found “no evidence” that success at university was correlated with achievement in professional qualifications. Accountancy firm Ernst and Young, known as EY, will no longer require students to have a 2:1 degree and the equivalent of three B grades at A level to be considered for its graduate programmes. Instead, the company will use numerical tests and online “strength” assessments to assess the potential of applicants. Cont... https://www.timeshighereducation.com/news/ernst-and-young-drops-degree-classification-threshold-graduate-recruitment
This is old news but I didn't see it posted. There's a bit more to the story in the, you know, story.
Excellent move since they likely have a number of systems, tasks, etc. that they teach in-house. Makes more sense to "mold" an applicant that hasn't been to 2+ years of schooling, much of which will not be applicable to their E&Y work. I take it that this form of recruitment wouldn't work in the U.S. with hiring laws that are less-than-keen on these types of assessments.
I guess that this is what it's about: https://ukcareers.ey.com/schools/our-programmes/programmes-for-school-leavers/the-ey-business-apprenticeship/about-ey-business-apprenticeship