Biggest Recruiting Scandal of All Time [Not A Troll Post]
Just wanted to whistleblow on what might go down as the biggest recruiting scandal in history. There is a Chinese recruiting agency that has been placing 200+ kids each cycle to EB/BB by having them lie about their diversity and sponsorship status and bribing current analysts/associates to give out referrals and interview question lists (I personally know extremely incompetents kids who placed into EVR/MS/JPM/BX because they had the final case study beforehand). If you’ve been to any of the diversity events over the past two cycles you would have known how many of the attendees were Chinese nationals who couldn’t even speak fluent English, yet they managed to somehow get the offer over you or fill up the pipelines before regular recruiting kicks off because of these unfair advantages.
It is only a matter of time that this recruiting scandal will garner industry-wide attention as firms start to realize the massive influx of Chinese nationals dominating every diversity event or suddenly needing a sponsorship months before their onboarding date. As an Asian American who broke into the industry on my own merit, I recognize that our reputation will likely be permanently and irreversibly damaged, but better let the truth be heard than buried, and better sooner than latter.
I am starting to collect names of mentors/students affiliated with this agency and report them to their respective banks. For those reading this post, there’s a good chance your MD/fellow analysts will receive emails about how you rigged the system to secure yourself a seat and how your gave unfair advantage to under-qualified and dishonest candidates for personal gain.
This is my personal effort to make recruiting fair for everyone here, but we need everyone in this forum to help expose this scandal. And we must do it now, just as the 2025 cycle kicks off, and before they ruin the industry for all.
Bump
30k per student
I have a friend who used him and she had to sign NDAs for some of their stuff. Crazy part is at my school there was like 20 Chinese people who used him. I heard there was like 50-60 people at target schools. Lol he’s making some big bank
U just giving them free advertising bro
i just looked at the analyst classes of top bb/ebs and ngl these chinese mfs seem kinda cracked
Based on the several contacts I have their brand name is pretty strong in the Chinese community already, so I don't think this post will be doing any effective advertising. On your second point, the current analysts didn't have the agency back then so ofc they are gonna be super cracked and frankly deserve my utmost respect for breaking into high finance as an international.
interesting, i was talking about 2024 and current analysts though. how long has this been around for? most chinese intl kids at my school just wear balenciaga and dior and keep to themselves
Friday night and looking up random BB and EB analysts, embarrassing
i learned this skill from the ppl that dug up cvp sa2024 and started shidding on that one florida kid
Meh - my group doesn't hire internationals anyways
If the program costs 30k, doubt many kids are signing up lol
There’s a lot of people that use him. Asian people are generally willing (as with college apps) to shell out the money if it means their children have a better advantage for something.
that’s why educational centers for SAT/TOEFL were so profitable in China/Korea before the crackdown. Asian people are wired to think like this. I don’t understand the MS I grew up in east Asia and I can speak first hand that people think like this in my own country…
Exactly. It is a cultural pipeline for many of the chinese intl students in my school. I know that unfortunately this can come off as insensitive/racist but this is actually happening and banks should be aware of this phenomenon.
This is 100% true. I am at Harvard/Wharton/Stanford and many of the Chinese international students used this services. What you said about lying about diversity/disabilities and bribes is also true. I heard the analysts/associates also send them the interview questions in advance. Very sad situation since I also know many international students who have to hustle many times more to get the same jobs.
Guess the only solution is to get rid of diversity programs / referrals and hire based on merit.
This is the way
Lol what is this - I've rarely seen int'l asian people at any of our campus diversity events, mostly just people at women's programs
Yeah post sounds like bogus. My group has 2 asian people total and they were hired from the regular pool.
If anything they should let more asian people be counted into diversity, they're usually smart and hardworking anyways
Or, hear me out here... if your goal is to increase the number of smart and hardworking candidates why not just get rid of these programs and hire the smartest and hardest working candidates??
Can confirm that there were 50+ attendees at the gs possibility summit last year that had a Chinese last name
all the kids who used this evil company throwing ms at this post and comments is so funny
pretty based tbh
Nostrum sapiente quaerat accusantium autem cum dolor sit. Hic dolores ut odit ratione aut veniam dolores. Officia quo iure repudiandae aut voluptatibus. Minus illo ratione quo corporis officiis sapiente.
Et reprehenderit vero voluptatum molestiae possimus molestiae. Iste alias consequuntur et laborum. Error quod dolores delectus repellat et est non qui. In magni saepe quisquam iusto.
Sit in facilis et qui sunt fugiat. Sed ut suscipit quo harum. Ducimus debitis id sint aut in.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...
Quis officiis est ut necessitatibus. Odit sit laboriosam accusamus sint temporibus.
Et error pariatur accusantium ipsa voluptas assumenda. Nesciunt cumque fugit ut harum ut. Explicabo suscipit reprehenderit quod enim dolore delectus doloremque. Et debitis inventore distinctio unde.
Doloremque dolorem repellat et cum et laudantium. Nisi velit eveniet omnis et aut. Quo occaecati ipsum nobis ducimus. Nemo ea iure tenetur sed harum facere. Quibusdam fugiat aut est ut quo asperiores necessitatibus.