Those looking to join Santander’s graduate scheme will no longer need to have an upper second or first-class degree after the Spanish bank said it was looking for more than merely grades.
Santander said the move would open its programme to 64,000 more people every year. It is the latest big City employer to acknowledge that graduates who have performed less well academically might still have plenty to offer.
Last August PwC, the “Big Four” accountancy firm, vowed to “assess [the] potential” of candidates beyond their academic performance as it removed the same requirement for graduate jobs. Schroders, the asset manager, took a similar step last autumn.
Anouska Ramsay, human resources director at Santander, said: “Academic achievement … is only one of many factors we look at when searching for new talent. This move reinforces our commitment to finding the best candidates from a wide range of backgrounds.”TIOB News