Whenever I return to my old university, I am always struck by how incredibly focused, purposeful and studious everyone seems to be. It fills me with despair.
It’s hard to tell the difference between a university and a business school nowadays. Where are all the hippies, the potheads and the commies? And why is everyone so intently serious and sober all the time? ‘Oh, it’s simple,’ a friend explained. ‘If you don’t get a 2:1 or a first nowadays, employers won’t look at your CV.’
So, as a keen game-theorist, I struck on an idea. Recruiting next year’s graduate intake for Ogilvy would be easy. We could simply place ads in student newpapers: ‘Headed for a 2:2 or a third? Finish your joint and come and work for us.’
Let me explain. I have asked around, and nobody has any evidence to suggest that, for any given university, recruits with first-class degrees turn into better employees than those with thirds (if anything the correlation operates in reverse).

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