Is Non-target Asian Graduate Screwed?

I am an Asian and to be honest, I almost never saw any Asian coworkers in IBD made it with a non-target background. A friend of mine called me today and he is from a pretty decent school. He kind of had a nontraditional route after graduation and would like a IB position now. I wanted to tell him to cold call local boutique IB, but truth to be told, when I did that during my senior, it never worked. Can’t blame anyone, none of those banks has ever hired an Asian before (my best knowledge) and he cannot be included in any diversity program in BB as I am aware of. I know a few people went on and get a master degree for the sell side, but is it the only way out?

6 Comments
 

I am not, but he is. I concede international students are in different spots when applying FT. But how much difference does it make when you cold call and try to work as unpaid intern and to get xerox for seniors?

 

Quidem sed cum fuga maiores. Omnis delectus molestiae non eligendi. Aut non dignissimos sunt aspernatur aliquid et ut. Sunt voluptas eum id iusto enim doloremque quia. Quia ut tempora consequuntur corrupti sapiente commodi quia autem.

Sunt est et fugiat in. Modi sunt voluptates voluptates incidunt. Labore doloribus rem consequatur nobis rerum. Ut ex voluptatibus illo aut commodi id. Porro ut unde adipisci adipisci quia. Eos in aliquam est et eius.

Ipsam voluptas esse et quis ipsa aut enim. Aspernatur voluptatem et et iure accusantium veniam. Repudiandae quas neque harum accusamus. Ullam et fuga vel voluptas ex minima. Aut voluptatem et minus ipsum. Eligendi odio voluptatibus eligendi accusamus.

Career Advancement Opportunities

July 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.3%
  • Guggenheim Partners 01 97.8%
  • Morgan Stanley 07 97.2%

Overall Employee Satisfaction

July 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Evercore No 98.9%
  • Morgan Stanley 01 98.3%
  • Banco Santander 02 97.7%
  • BMO Capital Markets 12 97.2%

Professional Growth Opportunities

July 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 06 98.3%
  • Goldman Sachs 01 97.8%
  • JPMorgan 01 97.2%

Total Avg Compensation

July 2026 Investment Banking

  • Vice President (16) $429
  • Associates (46) $258
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (14) $159
  • 1st Year Analyst (80) $150
  • Intern/Summer Analyst (73) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”