I’m an East Asian student, looking to go into IB. However, even though Asians are seen as over represented in finance, is this true in the higher up positions as well? MD, PE partner, etc? I haven’t seen many in my networking, so I’m not sure if this is more of an institutional or personal issue?
| +125 | If Tik Tok is forced to sell, what banks do you think would be involved in the deal? | 59 | 23h | |
| +85 | Updated LA Banking Scene (2024) | 61 | 18h | |
| +42 | Ranking banks that went under | 26 | 54m | |
| +39 | Burnt Out M&A ASO | 22 | 11h | |
| +37 | Relevance of A-Levels for U.K. London recruiting | 25 | 18h | |
| +35 | Intern Ettiquette | 8 | 11m | |
| +33 | A strategy for SA applicants late to the game like myself | 17 | 18h | |
| +27 | Series 79 Help / Tips to Pass The First Attempt | 11 | 3d | |
| +23 | What are hours like at BBs in London? | 47 | 1d | |
| +23 | 2024 new grads who didnt get return offers update | 11 | 3s |
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.
"muh racism"
work your ass off and network
there's no "however"
stop trying to find an external cause for your potential failure if you don't manage to break into IB
There aren't many asian MDs/Partners for the same reason there aren't many females: because when the people who are currently seniors were leaving college, IB was not considered an option for minorities/women. That's changed now, and in 20 years we'll see the impact when MDs/Partners are representative.
From what I've seen, it's true that Asians are in serious systematic disadvantage (especially Asian male).
No access to any of diversity program, whereas LGBTQ+ and black, hispanic take advantages of those. A lot of them are just naturally more introverted which probably works against them.
Despite the disadvantage, they always kill hard technicals, have better work ethics (not so sure about Bill Tsai tho), and there are huge Asian representation especially at Boutique banks.
For senior level,
Carlyle CEO (Kewsong Lee), Blackstone CFO (Michael Chae), KKR heir (Joe Bae), PJT managaing partner (Ji-Yeun Lee), CVP's Effron's best man (Anthony Kim)
Above went to finance when the industry was white-dominant, and they earned their places with their work quality and ethics.
Also, I've personally never heard any internal group training team w/o some Asian dudes in it.
So it's true, it's hard to break in as a junior, but if you know your s and really prepare, it's def doable.
All koreans btw
Probably Chinese people couldn't travel abroad freely under CCP back then.
You forgot this guy! https://pagesix.com/2019/08/20/model-simona-andrejic-injured-on-billion…
Plenty of Indian MDs working in tech IB/PE in SF.
He said East Asians - so might refer to Chinese/Korean/Japanese
I'm aware - which is why I specifically mentioned Indians. East/South Asian are pretty much bucketed together in the US.
That's south asia lmaooo
Quae consequatur voluptatem in sed in et. Qui voluptatem quisquam debitis est autem illum. Voluptatem reprehenderit assumenda sit ducimus eaque commodi. Possimus odio neque consequatur sit voluptatem quia.
Aut ratione soluta molestiae dignissimos quo aut optio. Est iusto quo ab fuga.
Aut nostrum quia error doloremque tempora pariatur. Atque alias autem ut fuga quaerat. Ad odio ut quia placeat ab dolores. Vitae dolores temporibus voluptatum eos ut.
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...