Growth prospects- south Asian
Hi!
I wanted to know, realistically, does a south Asian have any chances of becoming a VP/MD/CEO of a top US bank?
i honestly don’t think so. I don’t think the US would ever allow someone who’s non-American to lead their banks no matter what they’ve done for the company.
I was going to start my journey down the finance route. Hopefully if I get in I don’t plan on sticking past the associate level, simply because I do find banking quite a boring job. No one should live just to make models and charts for people who are actually getting rich off of your hard work.
So… south Asian, no link to the states, male, currently studying in London at a global top 10 university , any chance at winning the rat race?
-> mainly intersected in NY finance. Londons my second option.
Google Vikram Pandit
You watch CNN too much. Get out of that victim mindset, there's plenty of top F500 CEOs who are South Asian. Not exactly difficult to find
CEO? Are you rly thinking about a 5 standard deviation outcome? On MD - yes obviously. No one’s gonna care about your ethnicity if you’re a fucking boss
There are more CEOs and executives (MDs, senior management) who are south Asians across the industries, including financial services, than any other minority ethnicity in the United States. And many of them weren’t born and grew up in the States.
Dude...you are aware that Citi had Vikram Pandit as their CEO. I'm telling you that you're aware. I'm not asking if you are aware. I refuse to believe anyone can be this ignorant.
2020 fried some people's brains.
Vikram pandit is an American-Indian you fool.
If you’re shit at assimilating or refuse to assimilate like most tech fobs then probably not possible, but it doesn’t matter if you’re Indian or Indian American.
No he's not + the current CEO of Citigroup isn't American either.
I agree with you with the example, but Vikram resigned 12 years ago and has been flying under the radar ever since... the current crop of people recruiting right now were 6-8 years old at the time. Not likely to be watching Bloomberg at that age.
This guy is starting as an analyst and already eyeing the CEO job at a top bank. Then playing the race card when it doesn't work out even though it won't be the case.
I think your apparent intellectual impairment will limit you long before your race - fellow South Asian
Barclays CEO is brown my guy lol
So CEO of a bank is the only way to win the rat race, but you're also not willing to stay past ASO...?
That's incredibly unlikely for anyone to achieve. Plenty of successful south Asian MDs and they will happily promote you at American banks... but you sound like a young kid saying you want to be an astronaut.
Go be head of a “south Asian” bank then?
bump
So you find banking boring and don't want other people to get rich off of your work? But you want to work in banking? But you don't want to go beyond the Associate level? But you worry about whether you can make CEO of the same bank?
Do not play the race card my man, fellow south Asian and you can easily make MD if you're good. CEO of JPMorgan? Idk, maybe but don't think the odds arent that different vs a white guy? Also you don't really understand banking if you equate success with being CEO only
Man, looking at your posts you are autistic and your mindset will inhibit you from both getting the job and achieving success. I'm also south asian.
Stop watching CNN/MSNBC. Although being south Asian did hinder some people's chance of leading a firm, that doesn't mean every south asian didn't succeed in getting major position, it just makes the path a bit difficult. Plus the environment right now is way better than what it was 2-3 decades ago. Search up Anu Aiyengar, she mentioned how she was discriminated during hiring process because of her gender and color, and now she's global head of M&A at JPM. I won't deny that some people have been left out due to their race/background, but doesn't mean one should just give up
imagine an Asian Jamie Dimon and behave like him
do you think an Asian Jamie Dimon will do something different to Jamie Dimon? no, because they're the same, and one is just Asian
This post is deeply embarrassing
- another South Asian
I get where you're coming from, but other than White people, South Asians are the second most common ethnicity in the junior levels of banking (or at least what I have noticed).. coming from a South Asian lmao
Anshu Jain was DB CEO as well
Current CEO of Macquarie is south asian.
Nope, no chance you clown.
head of JPM IB EMEA
- Viswas Raghavan
Yes, but not you.
To add to the above, both below were born in Korea and immigrated to the US:
Not to say it's not harder to rise up as an immigrant / non-white background, but it is by no means a ceiling that can't be broken.
'South Asian'. Great Attention to detail Associate!
Nam dolores voluptas et porro sint eligendi. Corporis perferendis voluptatem dolores iure qui rem consequatur.
Qui deleniti occaecati impedit voluptatem consequatur sed numquam qui. Assumenda omnis tenetur ut explicabo.
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...
Quidem a ratione sunt quis debitis autem. Tempore incidunt reprehenderit atque et tenetur delectus. Quos quo facilis expedita est.
Est sint aut nihil dolorem temporibus. Sit culpa sint ullam voluptas. In cum non recusandae blanditiis.
Delectus blanditiis fugit quisquam. Quia animi aut officiis. Qui culpa temporibus est eveniet. Qui sed veritatis rem deserunt fugiat dolores corrupti.
Corrupti ad sint dolor sed. Impedit doloremque rerum fugiat facilis. Doloremque dolores ut accusamus repellat ut. Quasi placeat quis autem deserunt soluta aspernatur. Ipsa beatae itaque velit expedita ut suscipit.