Frankly, I grew up poor and had no idea I was interested in the industry until my senior year of college and by then it was too late. As I'm thinking about the systemic issues and various minority programs, I'm thinking about mentorship and whether you knew about IB and modelling and such because someone sat down and taught you early on, or you just stumbled upon it?
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I went to a shitty public high school, knew absolutely nothing about investment banking until my sophomore fall of college. It didn’t help that I was originally studying engineering at a school with a small finance community. Luckily I had enough time to network and get an offer.
I can only imagine how much farther I could’ve gone had I known about investment banking earlier, chose my college based on IB placement, etc. but it all worked out in the end.
I’m a huge believer that banks should add “diversity” recruiting for first generation and/or low income students. It’s nearly impossible to keep up with the elite prep school -> target kids
mildly unrelated but when i was in high school reading mergers and inquisitions and WSO whenever they mentioned modelling i always visualised something like a really cool screen out of the matrix hell they made it sound so advanced now i've finally gotten here and it's just spreadsheets damn those bastards lied to me