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On one hand I completely agree, on the other my experience of most CS graduates is that you can't code, at least not in the way that anyone codes in the real world so it's not a great thing to spend too much time on. That's not the fault of most graduates, it's what and how they're taught. Most people coming out of university know a little bit about a lot of languages and theories. That's good for giving them an overview but not great when it comes to having actual usable skills on day one.

Because of this I've pretty much given up on hiring graduates based on their technical skills so instead I'm looking for someone smart, who gets that they've got a lot to learn, who is interested in technology and can get on with the other people in the team.

I don't think asking people math questions per se is a great idea, but if you've studied a maths degree it's a good way of working out if you're smart and if you were paying any attention at all during university.

(Incidentally this may be different in other countries (I'm in the UK) or in a company where you're able to attract the very best who have picked up really solid skills, but for most organisations that's not the case as most graduates spent more of their own time in the bar than coding.)

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