Diversity Programs
How competitive are the internships/pre-internships that are offered for women/diverse candidates? I'm from a very non-target school and I was wondering how much that would be taken into consideration.
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They're still pretty competitive. These pre-internship events tend to take women, black and Hispanic kids from targets w/ great stats. These a real mostly for freshman and sophomores so they don't have much to judge you off of other than your target school and gpa. They're really only useful for networking and most importantly they're basically a shure shot for a first round interview.
To put it into perspective, last school year I was a freshman at a well known probably non target private school, with a very well formatted resume with great work experience and over 3.5 gpa, and was still beat out by a target student I know, who "I personally" believe to be lesser qualified. But that's just the nature of the game. Just work hard and make sure to network.
Don't let the non target status persuade you not to apply to these pre internship programs. I go to this complete non target where I have no alumni in front office, yet I pulled off going to multiple pre internship programs. DM me so I can let you know more on how to get into these programs!
I know this is late but I would definetly love too know how you did it
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Do I need to network for diversity programs? (Originally Posted: 08/28/2015)
Some diversity programs such as Barclays Generation Next and Citi SOARS. Do I need to network with alumni before applying to these programs? Or I can directly apply? Who is evaluating my application, banking analysts or HR department?
Why not? Networking never hurts. The idea that these programs allow people to sneak into IB is just wrong. The vast majority of people applying would have gotten in otherwise- you will see plenty of Ivy league minorities and females applying.
Thank you. The thing is I'm a sophomore. if I network with alumni for these banks but don't get accepted, when I become a junior, I don't know if these alumni are willing to help me again. Since I'm not in target school, alumni network on wall street is kind of precious thing that needs to be used wisely... that's my concern
Who knows if those people will even be there next year -- go for it.
that makes sense haha. thanks
Yes.
We were told right up front in one BB firm's diversity program that if you apply and nobody from that firm's network recognizes the name, then your resume gets chucked immediately.
Probably, considering how a lot of the students picked already went through freshmen diversity programs.
How to leverage diversity? (Originally Posted: 12/30/2017)
Hello! I am currently interested in Diversity programs that some banks and companies may offer. I'm not sure if I will get a lot of Flak for this but unfortunately I did not do as well as I could in College and my GPA is a 3.1. My mother is from Morocco and my dad is american,
I am just unsure how Diversity programs may be beneficial to me. If there are any associations I may be able to connect with, or anything.
Thank you!
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