I saw this "must have" criterion in an advert for a summer internship at a well known financial institution. They also need to be "currently attending or have an offer to start university from September 2024 in any degree or discipline."
The Social Mobility Commission may believe that turning the children of plumbers and electricians etc into "white-collar workers" in the financial sector is positively contributing to social mobility, but are they right? We need good innovative brains in our trades too. Skilled workers often earn more than university graduates, and usually have less debt. I think I'd rather see the SMC raising the profile of skilled trades rather than propping up the myth that they are less worthy.