Clearly it's much harder to be a successful male student right now (those stats I posted are 100% facts).
More successful women to draw from.
Why aren't we using diversity programs to hire males. They are minorities by a 60% to 40% ratio at college campuses.
Who should I talk to at my bank to start this program?
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You're gonna get a pile of MS, but your logic makes more sense than diversity hiring women because there are more men in the industry.
Break this down for me - there are much more men in finance than women. So you think his plan, to diversity hire MEN (when they're already the majority), makes sense?
ok.
Why are we targeting 50/50 male/female in finance?
Is the applicant pool 50/50 male/female? No.
Is the eligible pool 50/50 male/female? No.
Is career interest in finance 50/50 male/female? No.
Do people who study subjects relevant for finance (finance, business, economics, maths/eng for quant/trading etc.) split 50/50 male/female? No.
In all of the above, the population skews towards males.
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Are there any female-dominated industries diversity hiring men? No.
Are there any "less glamorous" jobs (oil rig workers, prison guards, construction workers, plumbers) diversity hiring women? No.
Are there any female-dominated "glamorous" jobs (vets, pharmacists, academics) diversity hiring men? No.
Is the client base (e.g. assuming you're hiring for SS IB, facing PE clients) 50/50 male/female? No.
Is there any competition-driven or business-specific reason that there is a 50/50 target? No (obv. there are some ESG funds that only invest in companies with boards that have x% females etc. but we're assuming that this is only for grads)
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So why is high finance aiming for 50/50?
expecting proponents of diversity discrimination to logically justify themselves is a fools errand. they are fighting to push straight white men out of power, and it is not, at its core, because they believe it logically makes sense. it is because it benefits them and their political views, and they will do whatever it takes to further their ideology.