Indeed they do AmlTAA. According to the clinical research literature, it has reasonably good results when patients haven't responded to various antidepressants. However, a common side-effect is memory loss, and so it's usually reserved for more serious/recalcitrant cases.
I note replies by others that third class should be history given you've since gone on to two masters and a PhD. I wish I could say that is an end to the third class story. I'm sorry to hear about you mental health issues and had you reported that at the time, that could have been taken into consideration. But as you say, there are different attitudes to mental health issues in different countries.
I ended up with a 2(ii) followed by two masters then PhD. During the first of those masters, I also suffered health issues (exhaustion plus a damaged ankle) that I reported late in the day. I was surprised I got that first masters as I'd written it off and started the second when it came through. It's wrong that your penalised in any way, shape or form because you have had health issues of any description.
What I have identified is perhaps during screening, my 2(ii) was enough to stop my application going further as generically that was enough for an HR administrator to bin an application before it reached a hiring manager. It wasn't 2(i) and above, so end of story. This issue is a hard one to get past.
Where, however, you do get past this very basic screening and you are queried on your third class degree, you might allude to health issues rather than talk about depression per se. You might have had a period of ill health at around the time of your finals and not really elaborate. If you are pressed further, just say the level of work you put in for your degree had left you heavily fatigued and needing to seek medical help. You could say once past this, your dedication to hard work once you recovered was born out by your later achievements, your masters and PhD.
Translated, it's possible to turn this round into a selling point and it's just finding the right words to do that.
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