Morgan Stanley only takes diversity
Saw a picture of 2022 Intern Class of 900 SAs. 10 white dudes/ 60% women
This year they filled almost their entire class size from diversity. Don’t know how I feel about this.
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Post for reference:
https://www.linkedin.com/posts/morgan-stanley_title-activity-6940385190…
Not really sure you can make the claims you're making with just this info but okay.
Work harder.
I mean, his number doesn’t look too off. Completely dismissing stories about MS recruiting from the past year and seeing the actual intern class is not fair.
I just thought he was giving misleading info as if only 10/900 interns were white male. The photo clearly shows max ~200 people.
did you even look at this photo. If there were 200 you'd see one like after every 2 or 3 people. I had to squint like back row to find any. I advocate for diversity recruiting I think it's important to give opportunities and create a diverse, integrated, environment (I don't want to work with only white dudes either why tf would anyone want that). MS flipped the script all together and made the opportunity to work w them very limited as a non diverse candidate. If this is payback for what has happened historically, then idrk what to say other than I didn't contribute to it
Update: everyone in this photo is 100% well qualified and had to compete against an elite applicant pool, even during early timeline. The problem is, if you leave 10 spots for the rest, you’ve virtually taken away the opportunity to even compete no matter how hard you work.
Re: the point about next years class being mainly diversity, I remember reading a post about how IBD was filled up almost entirely through early insights.Didn't really believe it but it was more or less confirmed in a networking call I had shortly thereafter. If you look through the MS SA thread for 2023, seems to me that a lot of others experienced the same.
I go to a target for MS and I can say that the only offers from my school were diversity and they got them very early in the year.
Same here
At a target too and saw pretty much the same thing. Also guess that explains why none of my schools alumni would respond to my emails as a straight asian male lol
Lmao recruiting at MS is a joke
End of the day it’s a numbers game and if the numbers aren’t in your favor, youre screwed
yes impression is they pushed this hard but know some genuine diversity candidates that got a shot and wholeheartedly deserve the shot. they will crush it
Does MS have 900 FO interns? I can only imagine lots of those people are doing MO or BO. I may be wrong, but my assumption is that photo doesn’t represent the demographic breakdown of who’s getting the top jobs
I have a two friends going to MS this summer and both were in the picture. One is in S&T, the other in IB. Assuming they’re with their relevant divisions, this probably is heavily representative of FO.
Hm, well an office of the entire intern class will include the FO, but a photo of the FO wont include the other interns. Are you aware of any MO or BO interns who are not in that photo? that would be more indicative. congrats to your friends
Show the breakdown of IBD and S&T.
you would be correct
Try thinking bigger picture rather than judging based on a summer analyst class size at a bank that has been known to be the most racially un-diverse/racist among the top BB's....among diversity summers, promise only 1-5 will reach MD, if that.
you really tried to do the thing that Evercore analyst did lmao
How exactly has MS been racist?
There was an article a while back (not going to try and find it for this) on how MS was under scrutiny for the number of cases surrounding workplace discrimination / absurd racial disparities at the bank that led to unequal treatment, sometimes improper pay and questionable layoffs etc. to those who consider themselves under represented. Didn't make headlines, since I think they're all ongoing.
Also have various friends who work/have worked there that can 100% agree the bank doesn't give a shit about diverse talent, until recently, clearly.
Does anyone know about recruiting at boutiques? Are they mostly fit, merit, and race-blind based, or do they give preference to diversity candidates?
Any tips on recruiting for an NYC boutique? (How to find boutiques that are willing to take interns and then convert to a FTO) Want to be in NYC for LMM PE/HF opportunities.
Most elite boutiques also have diversity programs
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