The recruitment process of Grant Thornton is highly competitive (as you can probably guess!). Their acceptance rate is understandably a topic of curiosity for anyone who wants to join them.
Grant Thornton is a bit shy about revealing its acceptance rate stats. However, I did some extensive digging and found that the firm’s average acceptance rate is around 7.12% in the USA for different job positions. The company also accepts about 400-450 apprentices and graduates each year.
In this article, I’ll reveal:
- The hidden stats of Grant Thornton acceptance rate for various roles
- The stats for its trainee program
- The factors which impact these figures
Grant Thornton Acceptance Rate
Grant Thorton LLP is an American accounting and advisory firm with over 750 offices in 150 countries. It is ranked 7th largest company by revenue and has over 68,000 employees worldwide. (Source)
The firm offers these services to its clients:
- Tax strategies
- Advisory and Consulting
- Digital transformation and innovation
- Regulatory changes
- Data Analytics
- Performance Improvement
- Privacy and Security
Grant Thornton does not reveal its acceptance rate stats, but the firm is well-known for its selective recruitment process. It only hires individuals who have excellent academic backgrounds and showcases intellectual abilities during the hiring process.
I did my calculations with the help of the yearly hiring data of Grant Thornton and estimated that its acceptance rate in the USA is about 7.12%.
I received these stats by using this formula:
Acceptance Rate: (Number of New Hires/Total Employees) x 100
Then I calculated the acceptance rate for each year using the data in this table:
|Number of New Hires
Afterward, I calculated the average acceptance rate across these years using this formula:
Average Acceptance Rate= (Sum of the Total Acceptance Rate) / (Number of Years)
The calculation gave me an average acceptance rate of 7.12%. But I did notice that the percentages have been on the rise for the last two years.
However, this data might differ based on the region and country where you are applying at Grant Thornton.
Grant Thornton Trainee Acceptance Rate
The acceptance rate for a trainee position at Grant Thornton depends on several factors like any other competitive program, such as:
- The total number of applications received for the program
- Hiring needs for the trainee position
- Specific qualifications
The firm welcomed around 400 apprentices and graduates last year with an equal split of 50:50. Earlier, Grant Thornton accepted over 450 new trainees. (Source)
This shows that the company has a robust trainee program that helps many individuals seeking accounting and business advisory positions.
Grant Thornton’s willingness to accept new trainees each year also indicates its commitment to investing in new talent and helping them in their professional growth.
Here’s what a trainee accountant said on Glassdoor about the trainee program at Grant Thornton, “Received a lot of training and coaching from managers. A great environment to work in and grow your career in the accounting or auditing space. Need to be a team player, and there is a lot of collaboration.” (Source)
Factors Affecting the Grant Thornton Acceptance Rate
Grant Thornton’s acceptance rate is affected by several factors because they contribute to the competitiveness of its application process.
1. Academic Background
Grant Thornton usually accepts candidates with relevant qualifications in fields such as:
They hire candidates with exceptional academic backgrounds who not only graduate from top institutes but have proven track records.
2. Personal Achievements
The personal achievements of candidates are another significant factor affecting the acceptance rate at Grant Thornton.
The firm usually looks for individuals who have past relevant experience and possess strong analytical, communication, and problem-solving skills.
Therefore, make sure to meticulously design your resume, showcase all the extracurricular achievements along wth your skills and expertise, and make sure no backlogs are peasant at the time of the application.
3. Hiring Needs of the Firm
Grant Thornton has specific hiring needs shaped by its strategic growth goals, client requirements, and industry trends.
Reportedly, the firm hires graduates, school leavers, and students with 12th or 13th year of study for around 650-700 positions per year for different roles. So, whenever Grant Thornton experiences high demand for these posts, it tends to accept more candidates.
Moreover, the company fills the roles as they go, so if you want to increase your chances of acceptance, try to apply as early as an opportunity arrives. (Source)
4. Candidate Connection With the Brand and Values of the Firm
Grant Thronton seeks individuals who understand and bond with its core principles and can contribute meaningfully to growth prospectives.
Therefore, do complete research about the company’s culture and core values before the interview so the hiring managers know for sure that you will be the right fit for the role, and this fluctuates the acceptance rate in a positive trajectory.
5. Interview, Case Study, and Group Exercise Performace
Grant Thornton recruits candidates through a rigorous hiring process that involves:
- Digital Interview
- Written Case Study
- Group Exercise
- Final Interview (Source)
Each stage serves as an essential assessment tool, allowing the company to evaluate professionals. Candidates who excel in these recruitment stages can increase their chances of receiving an offer letter from the firm.
At the end of the day, Grant Thornton’s acceptance rate is different for each individual. Most importantly, they take into account:
- Academic background of the candidates
- Personal achievements of the applicants
- Hiring needs of the firm
- Candidate’s willingness to bond with the company’s culture and values
- Performance of the candidates during different interview stages