Biggest Recruiting Scandal of All Time [Not A Troll Post]

Just wanted to whistleblow on what might go down as the biggest recruiting scandal in history. There is a Chinese recruiting agency that has been placing 200+ kids each cycle to EB/BB by having them lie about their diversity and sponsorship status and bribing current analysts/associates to give out referrals and interview question lists (I personally know extremely incompetents kids who placed into EVR/MS/JPM/BX because they had the final case study beforehand). If you’ve been to any of the diversity events over the past two cycles you would have known how many of the attendees were Chinese nationals who couldn’t even speak fluent English, yet they managed to somehow get the offer over you or fill up the pipelines before regular recruiting kicks off because of these unfair advantages.

It is only a matter of time that this recruiting scandal will garner industry-wide attention as firms start to realize the massive influx of Chinese nationals dominating every diversity event or suddenly needing a sponsorship months before their onboarding date. As an Asian American who broke into the industry on my own merit, I recognize that our reputation will likely be permanently and irreversibly damaged, but better let the truth be heard than buried, and better sooner than latter. 

I am starting to collect names of mentors/students affiliated with this agency and report them to their respective banks. For those reading this post, there’s a good chance your MD/fellow analysts will receive emails about how you rigged the system to secure yourself a seat and how your gave unfair advantage to under-qualified and dishonest candidates for personal gain. 

This is my personal effort to make recruiting fair for everyone here, but we need everyone in this forum to help expose this scandal. And we must do it now, just as the 2025 cycle kicks off, and before they ruin the industry for all. 

24 Comments
 

30k per student

I have a friend who used him and she had to sign NDAs for some of their stuff. Crazy part is at my school there was like 20 Chinese people who used him. I heard there was like 50-60 people at target schools. Lol he’s making some big bank

 

Based on the several contacts I have their brand name is pretty strong in the Chinese community already, so I don't think this post will be doing any effective advertising. On your second point, the current analysts didn't have the agency back then so ofc they are gonna be super cracked and frankly deserve my utmost respect for breaking into high finance as an international.

 

There’s a lot of people that use him. Asian people are generally willing (as with college apps) to shell out the money if it means their children have a better advantage for something. 
that’s why educational centers for SAT/TOEFL were so profitable in China/Korea  before the crackdown. Asian people are wired to think like this. I don’t understand the MS I grew up in east Asia and I can speak first hand that people think like this in my own country…

 

Exactly. It is a cultural pipeline for many of the chinese intl students in my school. I know that unfortunately this can come off as insensitive/racist but this is actually happening and banks should be aware of this phenomenon.

 

This is 100% true. I am at Harvard/Wharton/Stanford and many of the Chinese international students used this services. What you said about lying about diversity/disabilities and bribes is also true. I heard the analysts/associates also send them the interview questions in advance. Very sad situation since I also know many international students who have to hustle many times more to get the same jobs. 

 
Most Helpful

Guess the only solution is to get rid of diversity programs / referrals and hire based on merit. 

 

Lol what is this - I've rarely seen int'l asian people at any of our campus diversity events, mostly just people at women's programs

 

Lol what is this - I've rarely seen int'l asian people at any of our campus diversity events, mostly just people at women's programs

Yeah post sounds like bogus. My group has 2 asian people total and they were hired from the regular pool.

If anything they should let more asian people be counted into diversity, they're usually smart and hardworking anyways

 

Or, hear me out here... if your goal is to increase the number of smart and hardworking candidates why not just get rid of these programs and hire the smartest and hardest working candidates??

 

all the kids who used this evil company throwing ms at this post and comments is so funny

 

Tempora est facilis quae illo asperiores dolorem. Molestiae dolor porro asperiores nihil est ut est ut. Debitis culpa quas quos accusamus minus. Autem omnis doloribus aut expedita at molestiae dolor. Facere in reprehenderit sed qui facere occaecati qui nulla. Repudiandae eos officiis velit maxime sit voluptatem. Error alias culpa magnam non nihil et consequatur quidem.

 

Sed quasi et amet rem nesciunt minus cupiditate. Vero nisi modi hic vel. Quia quo modi et vel voluptatibus quos. Voluptas voluptatem et asperiores molestiae. Qui neque adipisci consequatur quam in fuga.

Aut dolorum iste ut qui ullam. Ipsam debitis magni ipsam sint. Cupiditate quos a voluptatem itaque. Aperiam rerum voluptatibus est. Quis ea consequatur quae vel natus rerum cupiditate et. Aliquam nulla aut qui. Ut quod sed voluptatem ratione nesciunt. Culpa et velit fugiat saepe iure aperiam.

Vel asperiores corrupti nobis. Iure eos a minus error est dicta animi. Odit omnis harum voluptatibus. Culpa eaque culpa modi voluptate autem impedit velit. Consequuntur unde reiciendis in qui consequatur quia voluptas quas. Quia eligendi laboriosam voluptas.

Voluptas magni aut qui quos molestiae. Nesciunt voluptatem voluptatem quia qui dolore quo necessitatibus soluta. Rerum placeat quasi placeat sit. Eaque aspernatur minima cumque exercitationem aut rem. Placeat qui cumque dolor illo. Esse qui vitae assumenda et dolores voluptas soluta. Sapiente optio dolor soluta consequuntur sed maxime qui.

Career Advancement Opportunities

August 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.4%
  • Morgan Stanley 08 97.8%
  • Goldman Sachs 02 97.3%

Overall Employee Satisfaction

August 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Evercore No 98.9%
  • Morgan Stanley 01 98.4%
  • Banco Santander 02 97.8%
  • BMO Capital Markets 12 97.3%

Professional Growth Opportunities

August 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 06 98.4%
  • Goldman Sachs 01 97.8%
  • JPMorgan No 97.3%

Total Avg Compensation

August 2026 Investment Banking

  • Vice President (16) $429
  • Associates (50) $259
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (25) $178
  • Intern/Summer Associate (14) $159
  • 1st Year Analyst (84) $151
  • Intern/Summer Analyst (75) $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

1
redever's picture
redever
99.2
2
BankonBanking's picture
BankonBanking
99.0
3
kanon's picture
kanon
99.0
4
Secyh62's picture
Secyh62
99.0
5
dosk17's picture
dosk17
98.9
6
GameTheory's picture
GameTheory
98.9
7
CompBanker's picture
CompBanker
98.9
8
DrApeman's picture
DrApeman
98.9
9
Betsy Massar's picture
Betsy Massar
98.9
10
numi's picture
numi
98.8
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...”