“…The meritocratic nature of allocating paid yearlong placements may contradict some interview studies exploring the recruitment and promotion process in elite accounting firms by interviews (Blackmore et al, 2015;Duff et al, 2007;Jacobs, 2003;Kim, 2004aKim, , 2004bKim, , 2008Kornberger et al, 2010), but can be explained by other interview studies revealing a class change in elite accounting and banking industries in recent decades (Ashley & Empson, 2016;Riach & Cutcher, 2014;Spence, Dambrin, Carter, Husillos, & Archel, 2015). Traders in financial firms and partners in the leading four accounting firms are often the product of state schools and provincial universities and of working or low middle class.…”