Will Asians follow in the steps of Jews career-wise?

There has been a lot of talk in the news media about how Asians are the new Jews based on indicators such as income, social mobility, and discrimination by elite university admissions. These indicators also indicate that Asians today look a lot like Jews in the 1950's.

After WWII, Jews began infiltrating once WASP strongholds in the Ivy League, Wall Street, and Hollywood. Today, Jews represent a majority at these institutions, especially Wall Street, which used to be predominately WASP. My question is, will Asians follow the same footsteps? If so, which industry(s) will they dominate? I don't really see any indication that Asians are going to be that powerful in finance even though there are a lot at the analyst levels, but not at the top. Maybe Silicon Valley? Jews dominated Wall Street primarily because of their population in NY, which Asians already have in SF, and SV is already 1/3 Asian.

10 Comments
 

Just what we need! Another thread about race.

"Everybody needs money. That's why they call it money." - Mickey Bergman - Heist (2001)
 
AcctNerd

Just what we need! Another thread about race.

I think we almost went a whole day once.
heister: Look at all these wannabe richies hating on an expensive salad. https://arthuxtable.com/
 

Asians are already successful in academia and top money making professions.  The main differences between the Jewish path to the top and an Asian path is the degree of assimilation and willingness to assume risk.  

 
Most Helpful

No, I don't think so because "Asians" are fragmented culturally (i.e., multiple countries with distinct cultural differences), which makes such strong unity difficult to achieve.

Jews were different in that they all had a somewhat homogenous culture that was so distinct from everyone else, so unity within their community is strong and they always looked out for one another in a way that no other fragmented group would. I don't say this disparagingly either; I'm Latino and would love if our community looked out for each other like this. 

"I'm going to make him an offer he can't refuse."
 

You're speaking of Ashkenazi Jews specifically, there are a lot of cultural difference between the European Ashkenazi Jews and Sephardic and Mizrachi Jews (Jews from areas like Spain, North Africa, the Middle East, Iran, etc.). All of the classic "Jewish" stereotypes you see in the American media like doctors/lawyers/bankers, bagels, nebbishy guys, etc. are all regarding Ashkenazi Jews. 

 

Unde similique accusantium ut consequatur. Debitis non nihil recusandae voluptas doloremque beatae non.

Non ratione sequi eaque aspernatur aut quidem labore. Recusandae ut quaerat non repellat fugit. Recusandae aliquam consequatur dolores et atque in qui minima. Non et qui saepe sit.

Career Advancement Opportunities

July 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.3%
  • Guggenheim Partners 01 97.7%
  • Morgan Stanley 07 97.1%

Overall Employee Satisfaction

July 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Morgan Stanley 02 98.9%
  • Evercore 01 98.3%
  • BMO Capital Markets 12 97.7%
  • Banco Santander 01 97.1%

Professional Growth Opportunities

July 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 06 98.3%
  • Goldman Sachs 01 97.7%
  • JPMorgan No 97.1%

Total Avg Compensation

July 2026 Investment Banking

  • Vice President (15) $434
  • Associates (45) $258
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (13) $156
  • 1st Year Analyst (79) $150
  • Intern/Summer Analyst (73) $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
Secyh62's picture
Secyh62
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
kanon's picture
kanon
99.0
5
GameTheory's picture
GameTheory
98.9
6
CompBanker's picture
CompBanker
98.9
7
Betsy Massar's picture
Betsy Massar
98.9
8
DrApeman's picture
DrApeman
98.9
9
dosk17's picture
dosk17
98.9
10
Linda Abraham's picture
Linda Abraham
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...”