Likewise, although theory-based examinations test knowledge, they might not reflect a candidate's capacity to apply that knowledge in dynamic and practical scenarios, leaving a gaping hole between theoretical knowledge and real-world application.
As artificial intelligence continues to play an increasing role in recruitment, practical learning technology will play a crucial role in making sure aptitude is prioritised, making sure talent is recognised and nurtured, irrespective of background.
At AmplifyME, we say the success of our simulations is evident in the outcomes achieved by our candidates.
To date, more than 120,000 candidates have taken part in AmplifyME’s open-access simulations, with many going on to secure roles across the financial services sector.
Practical learning tech is not just a tool for improving recruitment processes; it is a catalyst for change in the financial services industry.
By focusing on skills and practical abilities, we are helping to create a more equitable and diverse sector, ensuring that the best candidates, regardless of their background, have the opportunity to succeed.
Will De Lucy is co-founder and chief executive of AmplifyME
