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However, lower degree grades do correlate with higher unemployment rates.
"Many organisations are considering the impact of purely screening out applications based on degree grades," says Minhas.
He claims few employers are relaxing their approach to degree grades because of policies aimed at improving diversity.
The firm boasts Nestle, PwC, Amazon and Standard Chartered among its clients and was behind EY's decision to drop degree grades as an application requirement.
"It's too early to tell if the number of employers not using degree grades to distinguish between candidates is increasing," claims Stephen Isherwood, chief executive of the Association of Graduate Recruiters.
Sir Bob Burgess, former vice-chancellor of the University of Leicester who ran a GPA pilot study involving 21 UK institutions in 2013-14, said that GPA will help meet the need for a more precise indicator of degree grades.
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Qualifications needed: 2 1 first degree; grade C GCSE maths and English; minimum 300 UCAS points.
"I would hire someone regardless of their degree grade, as I believe just getting a degree proves a commitment to study".
Length: one year Entry requirements: Undergraduate degree, grade C or above in GCSE English or maths (or B if applying in Wales).
It therefore might not be wise to give up entirely on your university studies and become blase about how your degree grade might turn out.
Gurpal Minhas, head of customer solutions at Capp, explains that for many clients the degree grade did not necessarily predict high performance and professional success.
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