Ernst & Young Sets UK Graduates a Challenge for Charity

Ernst & Young have just launched a new competition for gradautes who are interested in getting a job at the company. The competition is called "Profitunity!" and should see ten top university teams compete to come up with the best new ideas to raise cash for needy causes.

Competitors will come from universities in Bath, Bristol, Cambridge, Durham, Edinburgh, London School of Economics, Nottingham, Oxford, Southampton and Warwick.

The competition involves designing and constructing a fundraising campaign on behalf of the Prince's Trust.

'The competition should stir up the imaginations of business minded students in a similar way that TV shows like The Apprentice get people thinking outside of the box!

The Ernst & Young challenge provides university teams with £500 and an Ernst & Young mentor who will provide support for candidates. The winners will be the team that raises the most money. Last year's winners (the London School of Economics) raised a pretty decent £13,000!