upReach in the News

Financial News: Big banks lean on eight elite universities for new recruits

John Craven, CEO of upReach, was asked by Financial News to comment on their investigation into the educational backgrounds of 600 investment banking trainees, which found continued elitism where more than half of trainees hired by London’s biggest investment banks come from just eight of the UK’s top universities. John Craven, a former equity derivatives salesman who is now chief executive of social mobility charity upReach, said: “A minority of investment banks are addressing the diversity challenge in the sector, but much more needs to be done.” (Source: Financial News, Paul Clarke) The original article can be found online here ...
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Bloomberg: upReach CEO on Boosting Social Mobility, Equal Opportunities, U.K. Workforce

“It is no doubt that the job market is tough but if you’re from a working-class background it’s even tougher. Researchers have found highly qualified employees in the City of London and elite professions were paid less according to their social background. On Bloomberg Equality we spoke to upReach Chief Executive Officer John Craven, a former BAML trader who gave up the city to set up a charity to help students from less-advantaged backgrounds.” (Source: Bloomberg) Watch the full interview here ...
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Law firm extends social reach

Slaughter and May and upReach partner to launch legal sector access programme as firm builds on pioneering work in social mobility. The Law Springboard, which is a programme designed to improve access to the legal sector for high potential undergraduates from low socio-economic backgrounds, will support 90 students through personalised one-to one support, skills workshops, application and interview preparation. Slaughter and May will also provide this group of students with exclusive insight days, work experience opportunities and mentoring by lawyers. Steve Cooke, senior partner at Slaughter and May, said “We decided to partner with upReach because we wanted to give ...
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Evening Standard: upReach Associate Tom Burgess and his mentor discuss the benefits of their relationship

upReach Associate Tom Burgess and his Deloitte Mentor Daniel Lister discuss the benefits that their mentoring relationship has brought in this Evening Standard article. upReach works with more than 30 top employers, as well as universities, to offer opportunities to broaden students’ horizons, help them understand different career pathways and develop skills. The mentoring programme matches Associates with industry professionals from their chosen sector, providing opportunities for personal and professional development. Tom has been an upReach Associate since 2016, and successfully converted his Deloitte internship into a full time graduate offer for 2019. Read the full Evening Standard article here and Deloitte’s take ...
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Institute of Student Employers: Contextualised Grades for Graduate Employers

Eugene Malthouse, Employer Partnerships Manager at upReach, writes for the Institute of Student Employers about upReach’s new contextual recruitment platform REAL (Relative Education Attainment Level). REAL is a research and evidence-based tool that adjusts students’ grades by taking into account fourteen indicators of disadvantage such as school performance decile, and free school meal eligibility. REAL has so far been tested by three leading consulting firms, 2020 Delivery, North Highland and JMAN Group, and has since been made available to all employers free of charge to have the maximum impact on social mobility. The move ensures contextual grades are available to ...
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The Times: Jobs algorithm lets poor leapfrog the privileged

As featured in The Times, upReach are announcing the roll out of our new Advanced Contextualised A-Level Grade tool, REAL, that gives employers a fairer measure of applicants’ academic achievement and potential than grades or contextual flags alone. City firms are to be offered a free new recruitment tool that raises the A-level grades of job applicants who attended weak state schools by up to three grades, putting them ahead of many privately educated candidates. It means an applicant who achieved three Bs at A level would be treated in the recruitment process as though they achieved three As if ...
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eFinancialCareers: upReach CEO on supporting applications to highly competitive banking graduate schemes

John Craven, Chief Executive Officer of upReach, talks with Sarah Butcher of eFinancialCareers on the support upReach provides Associates for competitive graduate schemes in banking.   They say that getting a first job in financial services is a difficult business; the success rate is often less than 1%. John Craven, a former director of structured products and cross-asset solutions at Merrill Lynch and SocGen, now runs upReach, a charity that helps students from non-privileged backgrounds* get top jobs.  Craven says his students are encouraged to apply for banking jobs they’re interested in, rather than banking jobs that are easily accessible ...
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Financial News: upReach CEO highlights the importance of developing employability skills to boost social mobility in the finance sector

John Craven, Chief Executive of upReach, talks with Becky Pritchard at Financial News on the difficulty faced by disadvantaged candidates applying to jobs in the City. John Craven said: “Often what you will see is that students [from less advantaged backgrounds] will get to the final round interview and they won’t get beyond that”, explaining that the employability skills gap and absence of “culture fit” were to blame. Read the full article here ...
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How social class can affect your pay

Financial Times journalist, Naomi Rovnick, discusses how professionals from elite backgrounds earn more than peers from working-class families with CEO, John Craven. Research published by Professor Daniel Laurison and Dr. Sam Friedman identifies a “class ceiling” in the professional workplace where social background impacts employees’ salaries. Highly qualified employees in the City and elite professions were paid less according to their social background. This can be attributed to their lack of ‘polish’ and networking acumen. Although skilled and highly-qualified, professionals from less-privileged backgrounds lack the soft skills to further their career progression as successfully as those from more-privileged backgrounds. Whilst ...
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How upReach helps less-advantaged students get jobs in banks

Sarah Butcher from eFinancialCareers interviews CEO, John Craven. John discusses how upReach helps combat privileged students’ advantages by supporting undergraduates from less-privileged backgrounds to secure top jobs. Theoretically banks and other professions are meritocratic, however in reality there are increasingly more elites in the field. Whilst academic research suggests that there are a lot more students from less-privileged backgrounds getting into good universities, this hasn’t been accompanied by an increase in those students securing top graduate jobs when they leave. For many students, this is because their focus is on their degree where thinking about work experience comes later. Read ...
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Privately educated graduates ‘earn more’ than state school colleagues

BBC News education reporter, Katherine Sellgren, discusses the report on private pay progression published by the Sutton Trust and upReach. The study found that privately educated UK graduates in high status jobs earn more than their state school counterparts. Not only did those who attended fee-pay schools earn an average of £4,500 or more three years after graduation, but salaries of the privately-educated also increased more quickly over the same three-year period. The earnings gap can be put down to factors such as academic attainment, but non-academic factors such as articulacy, assertiveness and other soft skills are also at play ...
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The investment banking recruitment process

Sarah Butcher from eFinancialCareers demystifies the recruitment process for investment banking with the help of CEO, John Craven. Securing a job offer with an investment bank can be more competitive than getting into an elite university. The acceptance rate for Goldman Sachs is just 1.8% compared to 5.2% at Harvard University and around 20% at Cambridge. John advises that students interested in investment banking should spend their first year laying the ground work for future applications. Spend time finding out about the industry and establishing the sector you’d like to work in. In your second year apply for summer internships, ...
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The Student Social Mobility Awards

St Peter’s College, University of Oxford: SPC student Desmond Asante honoured at diversity awards ceremony

Towards the end of last year, St Peter’s student, Desmond Asante (Mathematics and Statistics, 2017), was honoured with an award as ...
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Thurrock Gazette: Grays teen claims social mobility award at the House of Lords

A TEENAGER has won a social mobility award after showcasing his talents as an undergraduate – picking up the award ...
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Worcester College, University of Oxford: Worcester medical student wins social mobility award

Efforts by Worcester medical student Tom Gardiner to help others access higher education have been recognised at a national awards ...
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Warwick Business School: Students win social mobility awards at House of Lords

Two Warwick Business School students have been recognised for their outstanding contribution to social mobility at a special awards ceremony ...
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University of Southampton: Fashion student recognised as a rising star in upReach Student Social Mobility Awards

Winchester School of Art (WSA) student Ashwinnie Thushyanthan has been recognised as a rising star in this year’s upReach Student ...
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Kingston University: Kingston University social work student wins national social mobility award at House of Lords ceremony

A social work student from Kingston University and St George’s, University of London has won a national social mobility award ...
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Exeposé: Three Exeter Students Nominated for Student Social Mobility Awards

Three University of Exeter students were nominated for awards at the upReach Social Mobility awards. On Thursday 13 December, upReach ...
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The Saint: St Andrews student wins social mobility award

A student at the University of St Andrews, Daniel Malikzade Afshar, has received an award at the inaugural Student Social ...
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University of Warwick: Warwick students recognised as leaders in social mobility

Four Warwick students have been recognised as champions of social mobility at the inaugural Student Social Mobility Awards, hosted by Baroness ...
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Cherwell: Former ACS president wins social mobility award

One of the Oxford winners of the upReach Ten Award for student social mobility, Renee Kapuku, suggested the University needs ...
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The Oxford Student: Oxford Students Win At Student Social Mobility Awards

Three Oxford students have been recognised at the inaugural Student Social Mobility Awards. The Awards, hosted by social mobility charity ...
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Leeds University: Fair access for students scheme wins national award

An admissions scheme that helps widen access to the University has won an award for greatest student impact. Access to ...
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University of Westminster: Westminster Working Cultures Washington DC Programme Nominated For Student Social Mobility Award

The Westminster Working Cultures programme was nominated for the Highest Impact University Initiative category, which recognises projects that improve less-advantaged ...
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The Cambridge Student: Mobilising the Future

The task of improving social mobility in the UK is immense. Just last year, the government’s Social Mobility Commission (SMC), ...
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Pi Media: Nominations Open For Inaugural Student Social Mobility Awards

Social mobility charity upReach has opened nominations for its first ever awards ceremony, aiming to showcase the achievements of disadvantaged ...
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