CVP diversity obsession bordering on flat out racism
I'm non-diverse and interning at a different EB next summer. I only mention that because I had two EB offers in hand this spring, and by the time I was in a position to ask CVP to be accelerated (it was my top choice bank), I had done some moderate networking with the 1 or 2 analysts who responded to my cold emails following on campus info session. However they declined to accelerate me so I chose one of my other two offers, no big deal.
But in talking to others at my target school, it sounds like the pattern this year and consistently over the past few years has been for CVP to accelerate diverse candidates with minimal networking and relatively weaker offers (lower tier BBs and some MMs, names like Citi and Jefferies. And then when September rolls around, they fill the one or two spots left with... more diverse applicants. In every case of others who have been in my shoes (multiple strong offers in hand, non-diverse), all of them said they were turned down by the firm when they asked to be accelerated. At my school, the 2022 SA class did not include a single non-diverse intern.
I mean at a certain point, am I the crazy person, or is this a pattern of blatant discrimination against white and Asian guys that everyone is just cool with? If anyone has had experiences that disprove what I'm saying, seriously call me out because otherwise this points to an absolute racist shitshow.
a friend of mine had an accelerated super day with them that she got by using another BB diversity offer in March. Her SD questions were extremely easier than what I got in my EB interviews. very unfair.
Citi catching strays
It’s not just their SA recruiting, but they also obsess over diversity for their FT recruiting. When does it fucking end…
I'd be interested to hear from those who MS'd this. Not out of spite just genuinely curious what you think is inaccurate about this
I don’t know exactly how the new class statistics are shaking out, but if I go to their “Our Team” partners list on their website, I see ~67 names and ~5 women. Not going to do a racial analysis, but would be surprised if it was much better in terms of representation. I don’t think diversity candidates should be getting easier interviews, but I absolutely support other initiatives to bring more diverse candidates into banking
they don't care about it . they just want people who "Look" diverse. it's all about the leftist woke agenda. they don't give a damn about actual diversity of perspectives.
Remember this in the voting booth.
Here are some questions for you fellas:
CVP is one of, if not the only, bank that’s doing better than they did in 2022. Their diversity initiatives clearly aren’t affecting business.
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You guys seem butthurt you didn't have a chance to win a seat at CVP. It seems clear after all these threads made this summer that people on wso reek of insecurity and jealousy more than anything else.
The key words: “didn’t have a chance”. Non-diverse candidates can’t even get accelerated superdays with competing top EB offers, while diverse candidates can. All we are asking for is a chance, not a handout.
Nah I seen some non-div candidates get accelerated. I think you guys didn't network enough or have people like you enough.
This shit drives intelligent people to far-right politics.
Majority of right wing people these days weren't attracted by right wing policies, they were driven there by the left
Cry me a river. I am a person of color and I know you never felt that you are underrepresented when you walk into a room. Believe it or not, the industry is not as diversified as you think. I interned at a Top BB last summer and was only 5 black people out of 50 on the floor. No joke. I am now at a LO shop and there are 3 black ppl on a 120 ppl team. All white, Asian. I don’t see it as a problem, love my team but I still feel underrepresented. Most EB and top BB who are pushing the diversity program only go after Ivy kids so they are all smart. They are not just hiring stupid ppl for diversity cases. You were not smart enough. Get smarter and network and you will find it easier. For context, I went to a shitty liberal college. Sent over 100 emails and no response, finally got in contact with an alumni and was able to land an interview, studied my butt off, and got a FIG offer. Didn’t like it and went to LO shop that is a lot quant focused as well. I leveraged my Python, R, and tableau skillset. Stop complaining and just get smarter or go into commercial or retail banking
Why yes, we’re obviously not smart enough when we attend a top target school, got an offer from a competing EB, and then failed to get accelerated at our top choice bank, to be now working at said competing EB. Stop parroting the fucking “get smarter” agenda, it’s so naive.
You were only 5/50 black people on the floor (10%) when black people are (13%) of the population! You are so underrepresented! You guys really need a leg up, so unfair!
Ah yes the Ivies who definitely select based on how smart you are and don't give insanely enormous advantages based on diversity!
Congrats on no Citi offer
All I'm hearing is a lot of you pussies suck so bad you're losing out on offers to chicks and people who speak English as a 3rd language.
Hot Take: It's because you suck, duh. No one good has a hard time getting a solid IB offer. It just isn't difficult, like, at all.
Guys serious question, I go to a really prestigious school in Florida called FIU, do you think I can get into CVP as I attend this top target?