Recruiting Easier for Women???
Do you think that recruiting is easier for women? Are they given more grace since they are often seen as the minority. Curious to hear other people thoughts??
Do you think that recruiting is easier for women? Are they given more grace since they are often seen as the minority. Curious to hear other people thoughts??
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ye no shit there are programs specifically for women only. whether their careers are going to be easier in finance, that's a different question.
This is absolutely the case. Slightly lower barriers to entry, significant barriers if you want to stay.
There are no barriers to stay they bend over backwards to promote women
Is the sky blue?
Yes - the recruiting portion is definitely easier
Is water wet? There’s programs specifically designed for women. It’s bullshit.
Orders of magnitude easier to get in but sticking around by choice and retention on the part of the firms is less likely. It turns out most women smart enough to get into the industry also realize the tradeoff required to grind long-term and would prefer to have families / live their lives. And good for them, I sometimes wish I had that option.
Easier to get in, but only the killers stay. All my female VPs and MDs have a very similar profile. I will say women do very well in the fundraising space and any of the very social parts of the world of finance. I think everyone should play to their strengths.
Is getting laid easier for women?
why are you asking such obvious questions?
Welcome to the real world. All the propaganda you've had shoved down your gullet in college and from the media that being a woman is oh so hard and being a man is easy street turned out to be complete BS - whoa look at that
There are advantages and disadvantages both sexes face. In terms of who has it better or easier completely depends on the goals of ones life. But if your goals are anything short of being a C-suite executive, it probably is advantageous to be a woman.
When it comes to recruiting, if you are a borderline attractive woman it is absolutely easy street.
You're asking this on WSO
I mean it's not like they get an auto free pass, it's only easier in the sense that there are fixed, reserved seats for women (let's say many banks commit to hiring 50% of women in the analyst class). Because there are less women APPLYING, it's easier as a woman, ex ante
Edit: I find it interesting how there are still less women applicants altho women outnumber men on college campuses. What does that say about things? Maybe that will change
Easier to recruit, harder to stay hands down.
Speaking as a woman here, was doing L/S equity and was on track to become PM, but quit for lifestyle reasons. First of all nobody gives you a "female" discount once you're done interviewing, if anything they assume you must not be working as hard because everyone's got 24 hrs a day and aye you've got a husband + kids? So flexibility doesn't exist, if anything you need to show some extra dedication to relieve their "OMG she's a woman" anxiety.
Furthermore, to make it at a large institutional investor you need a stay at home spouse. How do I know? Because all the women who climbed did. My husband works in PE so scheduling was sometimes impossible. And at some point after my maternity leave I figured why am I bending over backwards, playing the politics game, putting up with crazy earnings seasons, travel, when I have a beautiful family at home?
Finally, networking as a woman for top jobs internally is much harder unless you're at a firm where women in investment functions are not a small minority (do they even exist?). Especially if you're pretty! Why? Because there are men who are either predators (bad news) or men who are not idiots so will play it safe. I.e. they don't want their wife or office colleagues pin them for helping the hot blonde.. because we all know what that might imply ;)
To add insult to the injury, a couple times I saw complete id*ots with a track record to back that up get promoted because they knew how to play golf and they were white, tall male and reminded the big boss so much of themselves when they were young. Funny how that works!
Anyways, I am happy now, investing family money and raising a small fund myself. Let's see if raising as a female is easier ;)
Thanks for this - super helpful and relatable!
Would it be alright if I dm you with some questions? I’m a woman in equities and still relatively new into my career, so would love to hear about your experience more.
Anytime! DMs open.
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