Not a whole lot to say here everything is asked in the title, but some examples of these programs are the DBAchieve for DB, Sophomore Edge Program for JPMC, etc. Most of these programs require applicants to be either Black, Hispanic, Native American or a part of the LGBTQ community.
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"Yes," but no. If you apply, they really can't tell you that you aren't their definition of diversity: who's to say you arent half-whatever and just don't look it? Who's to say you arent bi?
Precisely- I have been advising this to everyone who calls me, and I will continue to do so. Many other analysts are doing the same thing (unless you talk to an upper class white girl who went to Princeton and has no idea how hard it is for middle class white/asian guys to get into banking. )
If you do this just know you're constricting your future options a lot. People are getting cancelled for the smallest shit, so if you ever want to be even somewhat in the public eye it'll come back to bite you. When you're some hotshot CEO of Goldman some smart-ass liberal is going to find that you did the 'diversity' internship and put your white-ass picture right next to a SS of it and there you go -- cancelled
Also, these people do have common sense and to some degree they can tell if you're BSing and they won't be huge fans of it.
He can't get cancelled if he's bi you retard
Bro just apply as bi, what are they gonna make you do, suck someone off on the spot?
do the vacuum seal double hand twist gawk gawk combo 3000 or get dinged
Yes.
You can listen to the idiots on this forum if you'd like but I'd hope you were a more respectable person than that. Understand these opportunities are meant for people who aren't traditionally represented in this area of finance and you are taking someone's chance to make a difference in their communities away from them. If you think you're above everyone and feel entitled to an IB job go for it, but I will say this: no one here is making a different in the world, but one day people in the future will look at this point in time, and you know what they'll remember? They'll remember those who hindered our progression to equality, those who were on the wrong side of history. If you really deserve a chance in IB you'd be able to get it through recruitment meant for you, just like the rest of us. I urge you explore your values some more, and what you believe life is about. I know people apply to diversity positions all the time, but remember that lies always catch up to you. Best of luck, I hope you make the right decision (whatever you think that is).
many people don’t believe in that political perversion of equality, and it’s reduced to opinion. I agree it’s awkward to apply to these programs even if you don’t agree with them or think they are stupid, but it’s not principally wrong or disrespectful if you actively believe they are racist, etc. It’s valid to view the programs as an equal version of disrespect in the first place, then. Also, the people on this forum are generally not idiots— when emotions and opinions are involved, rational and logical conclusions tend to appear for things (made by smart people) which may not be intelligent or fully true.
“If you really deserve you can get it normally” - so do real diversity candidates not deserve, implying they are not qualified to go through the regular process? If you don’t agree with different standards for different people and want the same standards for everyone, people should be more than ‘entitled’ to apply for the programs.
I understand why you’re saying what you’re saying, but you should realize some people are fundamentally opposed to this entire idea that boils down to HR opinions, optics, and 0 end value-add. How about the same way you want people to be OK with the program existing, you be OK with people wanting ‘level the playing field’ in their eyes? My point here is it boils down to opinion, not right or wrong. Still a bit awkward because like you said should be straightforward to get through regular process- but not for all people (non targets, less smart people, etc) so let’s not judge them either ok mr. smarty pants?
When I said "If you really deserve it you can get it normally", I meant you'd be able to get it through recruiting meant for you. I understand what you're getting at, and I fully think that anyone in life (regardless of your race, gender, etc.) that works hard enough can achieve what they want, and that an URM could also achieve the same through regular recruitment. That being said, diversity programs could give someone an extra boost when they really need it and may not have had the opportunity to truly perform to their best ability before the age of ~20.
I'm not saying that diversity programs are perfect or solve every problem in the world, but they HELP. There are intersections of identities: a black, LGBTQ+ woman for example. She may have come from a middle class family but that doesn't mean that she didn't spend time during her teens trying to accept herself (because lots of people would treat her differently for that, she's arguably at the bottom of the ladder). Life is so unpredictable, she might not have been able to spend as much time focusing on her career, school, etc. and may not be competitive enough for normal recruiting, BUT with diversity maybe she can get the opportunity she needs to truly thrive in the world. It's a very extreme example, but diversity recruitment is a step in the right direction.
I know there are so many holes in this, but at least it's heading the right way. Do I think quotas solve problems? No. Is judging someone solely by their skin colour the BEST way to go about it? Maybe not. But diversity recruitment (and really the idea of accepting people from different backgrounds) is very new, and with time things will change (hopefully), and companies will find better ways to go about it.
Just because someone doesn't agree with diversity recruiting, that does not make it okay to abuse the system. Just because I disagree with police brutality does it make it okay for me to burn down the precinct? (sorry to get political, just an example, trying to say that there are more rational ways to approach situations you don't agree with). If people have a problem with diversity recruitment (which is very understandable, again, not saying the existing diversity recruiting practices will solve all the worlds problems) then why don't you try to make a difference, propose new ideas, and actually try to make a difference instead of taking away opportunities from other people.
You know why MOST (not all) people won't try to make a difference? Because their issue with diversity recruitment isn't that "It's racist" or "ineffective", or "0-value add", they just don't want to see other people have an easier time breaking into IB than them. That's the cold hard truth, and that's why I think anyone who abuses (or recommends the abuse) of that initiative, needs to look at their values. If you truly care about adding diversity in this field and having a level playing field, don't shit on existing platforms headed in the right direction; try to propose a new solution and make it a reality.
If you don't agree with it, that's okay! But it doesn't mean it's right to take away from someone who actually does find it to be value add. I'm sure you're a great guy and all, and really I have nothing against you or your opinions. Maybe you don't agree with LGBTQ+ people or women having more of a representation in the workplace, again that's your opinion and I'm not disrespecting it. But I stand firm in my stance that we don't make the world a better place by exploiting and abusing opportunities like this, if we want a level playing field then I can guarantee you that people definitely power to make the change. If OP is using this platform to break into IB and make a difference from within, go for it. But I know that's not the case, and so do you. That's why I think the opportunity is better left for someone who can make this fairer for their community.
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