As someone who goes to a completely non-target school, I think abusing diversity programs has truly been the way to go. In my business frat, the few kids that manage to break into top IB firms (BB/EB/MM) have generally been women, or people that identified as Hispanic or African American.
But here's the issue with that - the people that are getting funneled in through diversity programs are people that live very privileged lives. They're rich minorities. Despite saying that these minority programs are designed for the banks to bring underprivileged groups into IB or whatever, it really doesn't. It ignores low-income and first-generation students.
If you're Filipinx? Put that you're Hispanic. Spanish? Put that you're Hispanic. That's what was recommended by my fraternity - and firms really can't verify that kind of stuff. It was the same thing for college admissions - if you're Filipinx or Spanish, you were supposed to put down that you were Hispanic to raise your chances of getting into a college. Or, if you don't qualify for any diversity programs? Put that you're bisexual, so you can qualify for LGBT programs. What are they gonna do, make you suck someone off on the spot?
I'm someone who is Laotian, and my parents were immigrants, so I grew up in a very low income area, and come from a very underprivileged background. There are no programs out there for me, with the exception of the LGBT program. I actually identify as gay, so I'm not lying, but I sincerely don't think that I would have my BB offer today without these diversity programs. But I find it unfair for my peers who grew up struggling, but are completely disregarded by banks because they're Asian or White. Banks don't have programs for poor people, so I think we should abuse the f out of these diversity programs as much as we can.