School reputation and graduating with honours are not as important for future employers as graduates' personal qualities and work experience, according to Natalia Bondarenko and Tatiana Lysova's study "Job Search Models, Recruitment Criteria, and Competence and Skill Assessment of Vocational Education Graduates: Employer Perspective." In 2015, they analysed the findings from a survey of 1,019 CEOs of Russian companies in six industries (manufacturing, communications, construction, transport, trade and services) as part of the Monitoring of Educational Markets and Organisations (MEMO) project conducted by the HSE jointly with the Levada Centre.