I work in a BB at midtown west. Heard one of intern is daughter of a MD in sales & trading of our firm. She get in because of her father. However, she may work in UK instead of US because his father located in New York.
Is that normal?
| +135 | How to stop feeling like shit for not making it in IB? | 52 | 3h | |
| +101 | If Tik Tok is forced to sell, what banks do you think would be involved in the deal? | 46 | 3h | |
| +66 | Updated LA Banking Scene (2024) | 49 | 4h | |
| +54 | Why Is It Called Investment Banking? | 19 | 15h | |
| +38 | Ranking banks that went under | 19 | 9h | |
| +31 | UBS Actual Buyside Exits 2024 Post-Integration | 9 | 2d | |
| +30 | A strategy for SA applicants late to the game like myself | 14 | 10m | |
| +30 | Burnt Out M&A ASO | 14 | 42m | |
| +29 | Relevance of A-Levels for U.K. London recruiting | 21 | 4h | |
| +26 | Series 79 Help / Tips to Pass The First Attempt | 11 | 1d |
Career Resources
Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling.
Yup, just look at the lack of diversity of analyst classes. Rich, white kids all from New York City, Long Island, Connecticut, etc.
Women and minorities even have their own special, exclusive programs at BBs for internships, but yeah there’s a giant conspiracy to only hire white people. Also, defining “diversity” as something that is to be measured by skin color...lmao. The only kind of diversity that matters is diversity of thought.
It's called nepotism, has been around since the dawn of homo sapiens, and is as (if not more) natural than greed, fear, jealousy, lust, murder, and rape.
Yes its known as nepotism. It's a common theme on Wall Street, be prepared to see a lot of it.
It's a common theme across the world.
Necessitatibus reprehenderit sint quia consequuntur voluptas repellat ut nemo. Qui voluptas sapiente dolor voluptatem ullam ut. Itaque quod et ipsa ut ea unde sed. Tempore et mollitia necessitatibus similique temporibus aliquam.
Qui esse similique asperiores sunt. Soluta et reiciendis ipsa odit labore. Quaerat repellendus animi voluptatibus ut tempora necessitatibus.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...