ERIC Number: EJ1228883
Record Type: Journal
Publication Date: 2019
Pages: 24
Abstractor: As Provided
ISBN: N/A
ISSN: ISSN-0963-9284
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Available Date: N/A
Social Mobility via Elite Placements: Working Class Graduates in Elite Accounting and Banking Firms
Crawford, Ian; Wang, Zhiqi
Accounting Education, v28 n5 p508-531 2019
Little research attention has been paid to the effect of yearlong placements in elite accounting firms and investment banks on the social mobility of working class graduates. Using the framework of Bourdieu, this paper examines the link between placements and employment destinations of eight cohorts of accounting and finance graduates from a non-elite British university. We find that elite professions are most likely to recruit graduates who have already gained the 'right' professional habitus through the successful completion of yearlong placements in the same elite firms in that particular field and/or with better degree averages. Social mobility of working class graduates taking an elite placement is evident after controlling for gender, age, ethnicity and degree average. The findings indicate that working class graduates need to consciously and continuously modify their class specific dispositions so that they can fully engage with higher education and elite placement experiences to achieve social mobility.
Descriptors: College Graduates, Social Mobility, Accounting, Banking, Working Class, Recruitment, Student Employment, Job Placement, Gender Differences, Age Differences, Ethnicity, Program Length, Personnel Selection, Social Capital, Employment Potential, Employer Attitudes, Foreign Countries, Grade Point Average
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Publication Type: Journal Articles; Reports - Research
Education Level: Higher Education; Postsecondary Education
Audience: N/A
Language: English
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Authoring Institution: N/A
Identifiers - Location: United Kingdom (Great Britain)
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