I am currently going through recruiting and wondering how much being Hispanic will affect my chances. Obviously it is not going to hurt me, but I was thinking of applying to some EB that I know a normal candidate in my position would have no chance at. Background: SEC think(Auburn, Ole Miss, Mizzou), 3.97GPA, decent extra curricular, solid relevant internship this summer.
Trending Content - Investment Banking Forum
| +434 | Is UBS really that bad? | 80 | 1h |
| +268 | Which Offer to Accept: UBS Analyst Role or Part Time Cashier at the Local Taco Bell | 32 | 22h |
| +263 | Investment Banking is Divine | 41 | 3h |
| +220 | Another $115bn Mega deal for these banks. Congrats! | 47 | 37m |
| +111 | Useless associates | 26 | 3h |
| +73 | AI is insane | 21 | 1h |
| +71 | Is Houston SA 28 recruiting already over? | 40 | 1h |
| +65 | Roku-Fox Deal - UBS Misses Out on yet another deals after years chasing this deal | 19 | 1h |
| +59 | FIG Pigeonholes you - is it true? | 23 | 12h |
| +58 | Differences in Restructuring Teams? | 25 | 36m |
Career Resources
A lot. I've seen minorities from no name schools with no experience get into BB's
If you go through diversity recruiting, it will help you a lot. A friend of mine is hispanic, goes to a no name school, has a good but not great GPA, and got a PJT/Moelis offer. He probably killed the technicals, but he had a lot against him as well. The important part about that was diversity recruiting. Most banks are done with diversity recruiting. You've lost any advantage you may have had at those banks; look into the banks that are still doing diversity recruiting.
From talking to my friends that work at bigger firms. You will have an easier time getting in, but it will be tougher on your career because you will be discounted as a "diversity hire". Just work hard when you get in and you should be able to overcome this.
It helps a ton. Apply to all the diversity programs you can (especially the type of program where they bring you in for a few days to network before applications come out, because those really help your application. I know people from no name schools with mediocre GPAs who got jobs at top BBs and EBs through diversity programs.
This isn’t your question, but most if not all diversity recruiting that I’m aware of has ended for 2020 SA...
.
It doesn’t help as much as you would think.
Yes. Almost every bank has a diversity process, but those slots are very limited, and you are competing not only with kids in your class, but also with awesome URMs from every other good school and white women who will eat up a lot of spots.
Comment deleted.
From my experience, if you are are URM at a target it helps tremendously. I would say it easily makes the odds x3+
Possimus explicabo vero et deserunt nisi inventore. Totam et nam velit molestiae necessitatibus. Dolore commodi et consequuntur velit distinctio provident et. Quam et adipisci esse. Sed corrupti soluta eum maxime expedita molestias. Id qui exercitationem aut. Facere exercitationem eum maiores et qui veniam.
Maxime est laborum omnis vel provident sed quis. Alias corporis sed ipsa iure.
Enim voluptatem ex temporibus et et et perspiciatis et. Aut reprehenderit eos sed ut aspernatur alias. Impedit omnis est dolorem tempore rem.
Esse rerum ut autem iste. Non velit aliquam voluptatum adipisci eligendi accusantium. In doloribus et sed. Eum dolorem rerum aliquid ut. Eveniet aspernatur non dolor dolores dolorem a rerum voluptas. Dolorem temporibus assumenda sit quibusdam.
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...