Ending Diversity Programs For Good - When will it happen?
As someone who went to a state school and actually had to bust my ass off to break into a Bulge Bracket out of school (graduated 2016) I have genuinely gotten exhausted at looking at extremely underqualified candidates getting offers thrown at them through diversity. It's universally known that if you went to a public high school, you essentially have to get perfect grades / test scores to even get into a WashU / UVA type school which isn't even in the upper-tier of Wall Street feeders. So basically unless you're a "diversity" candidate you are required to get perfect grades / test scores from the age of 14 in order to qualify for jobs at age 25 / 26 / 27. The fact that certain roles / program that are only open to "diversity" candidates is actually maddening to me.
As someone who was involved in my group's recruitment pipeline, I was forced to basically hand out interviews and pass extremely sub-par interviewees on to final round interviews simply because they were affiliated with SEO / MLT / some diversity program. I am genuinely curious to all the diversity candidates out there, how do you feel about diversity recruiting? If you are seriously pushing for equal opportunity (not equal results) wouldn't you be opposed to these diversity programs? Don't you want to actually earn your offers through merit? How is reserving almost 75% of all entry level positions to 10% of the analyst pool promoting anything close to a meritocracy??
With that I want to open a forum to people who have benefitted from diversity programs and affiliated pipelines. When will this diversity PR stunt be over? At what point are the diversity candidates willing to stand-up for their non-affluent Asian / White peers that didn't go to Exeter or Andover who have to work 2X harder for 1/2 of the result???