I spoke to an analyst at P72 who helped me with my research project, I’m in high school, and he was trying to give me some guidance on which school to pick since I want to go into IB—>HF and he asked me if I am Hispanic, which I am. he said this help a lot but didn’t really specify, can any of you explain how this helps? thanks!
| +229 | Should My Intern Get a Return Offer? | 58 | 2d |
| +96 | UBS Accused of Favoring H-1B Workers While Cutting U.S.-Born Employees | 15 | 1h |
| +78 | Incompetent and annoying co-intern | 23 | 16h |
| +67 | Getting Laid in IB? | 28 | 2d |
| +66 | Intern keeps sleeping at work - what to tell them | 28 | 19h |
| +55 | Living in greenwich as an analyst? | 12 | 16h |
| +42 | NYC Associate Budget | 14 | 20h |
| +36 | Nauseous every morning for past 3 years in IB, anyone else? | 21 | 1d |
| +35 | Quick Thoughts on CVC AI Sale Process | 7 | 22h |
| +29 | Going out / social schedule as AN1 | 14 | 3d |
Career Resources
Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling.
Yes, basically all banks have earlier / easier diversity recruiting, and being Latino definitely qualifies you.
Follow up question, if you are not in one of these orgs. doing the aforementioned specialized recruiting (i.e. LULAC/SEO/ALPFA/etc.) and you still apply normally like any other applicant, does the same statement still hold true? Always saw a lot of ALPFA kids particularly getting crazy internships.
Yes. It definitely helps to be in one of the pipeline organizations, but you're still super viable as just an 'unaffiliated' diversity applicant.
I’m Hispanic and I got an interview at gs IB. Didn’t network or went through any of those programs, and I go to a state school.
Hell Yeah!
username checks out! what does ur username even mean lol
Goldman Sachs Diversity Analyst
Puro Pinche opportunities bro
ahuevo!
Yes; makes me think of someone I know who got a latino diversity scholarship to Darden for his MBA and then went into IB at a BB.
Pisses me off that he got to claim latino diversity even though he can't even speak Spanish and looks like Jimmy Kimmel.
that’s like me, I feel bad abt it. my mom is from Sweden and my dad from Spain so quite the contrast
That’s European — might not get you same diversity consideration. From a recruiting perspective, Latino = Mexico and below (geographically).
Dude I eat guacamole and tacos everyday do i qualify?
yea
have you ever stuck ur pp in an avocado?
Being a URM gives you an advantage in the sense that you're invited to various diversity events (so long as you're a high achiever on paper). As a URM myself, I think that they should take into consideration socioeconomic status. In these events, you'll come across a variety of students who were never at a disadvantage (parents are in the industry, well off, etc.) to begin with, but are simply there because they will be in a better position to receive an offer over other applicants (regular applicants, first gen students, etc.)
One thing that I want to note is that in finance and life in general, some of the best connections that you make are with those who you have similarities with. Whether its sports, school connections, or even race. Having something in common will help you foster a relationship and potentially get them to be invested in your professional development.
You kid, I'd hire you. Love the mindset from an URM acknowledging that its not about URM only but rather or a combination with socioeconomic status.
When I was recruiting, one associate at the BB I interviewed at literally told me that we like you but our 2nd choice is a Hispanic dude and we need him to meet our diversity targets
damn that’s disappointing
legally, thats not how it works and there's no way for the associate to actually tell the race of people who applied so that was just an excuse
Sounds like it was post-superday phone call.
The United States Census Bureau uses the ethnonyms "Hispanic or Latino" to refer to "a person of Cuban, Mexican, Puerto Rican, South or Central American, or other Spanish culture or origin regardless of race"
-US Census Bureau c. 2010
Right, you’re “Hispanic or Latino” because you’re Hispanic. Being either “X” or “Y” makes a “X or Y” statement true (as would being both), but only the former applies to you.
I’m “Black or White” because I’m White. But being “Black or White” doesn’t make me Black.
Ea omnis rerum corporis quia autem. Eius voluptas velit qui architecto aut. Fugit cum et autem et soluta aperiam tempore. Beatae alias consequatur aut excepturi tempora amet.
Ea dolor laborum qui. Ad voluptatem quo ab labore sint odit nemo et. Culpa quia modi accusantium est sit totam. Qui voluptate eos aut dolores consectetur fuga unde. Exercitationem facere cupiditate et ex quo enim.
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...
Neque et odio qui ut praesentium. Voluptatibus similique autem animi saepe assumenda qui exercitationem.
Exercitationem ut magnam pariatur nihil. Blanditiis cupiditate architecto qui placeat dolores ratione quo. Est soluta ipsa eligendi ea quasi reprehenderit nihil. Vitae quo repellat est magnam.
Laborum dicta esse et quia voluptatem nesciunt officiis. Cupiditate sint eos quia corrupti nisi. Molestias excepturi tenetur et quas omnis ab. Est nostrum totam cumque est molestiae enim quo.
Odio vero est molestias alias sequi placeat. Reiciendis quibusdam aperiam debitis et ut dolores est blanditiis. Dolorem sunt porro dolores tenetur qui optio.