Diversity

At this point, there are more IB SA spots given out for diversity than non-diversity and god knows how many spots there are left for non-diversity non-target kids. Personally, I think it is very smart to grab a diverse pool of candidates because it encourages different perspectives of thought, but...

04 Apr 2022

Can someone explain to me how diversity recruiting and quotas is not racism because we are giving a massive benefit to someone based solely on the color of there skin? -Once some of these minority bankers have children can they still apply as diversity hires and get the benefit of having a father...

13 Dec 2021

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...

20 Sep 2020

So here is my rant on diversity programs and all the complaining that happens (ironic because I am complaining..sort of) Also, I am a white male from a non-target SEC school who landed an offer at a BB, so take as you will. I am a firm believer that diversity is great. I do not believe that...

24 Sep 2020

I'll be starting my summer internship at an EB this summer. My background may have a pride flag and I'm thinking of taking it down for the summer to keep things "professional." However, it bugs me since doing so is basically acquiescing to what I perceive as the delicate sensibilities of traditional...

13 May 2021

Gender diversity seems to be pretty low in the HF business and there doesn't seem to be a HF/public equities focused women's networking group (closest is Synergist Network geared towards PE). Any women in the industry on here want to start an informal peer network? Personally, I'm in L/S equity, NYC...

09 Jan 2022

Hello Monkeys, Seeing the latest post about a guy being hit on because he lied and self-identified as a member of the LGBTQ+ community got me thinking. I am a first-year international male student from South Asia with a 4.0 GPA at a non-target LAC. Being an Asian Male, I don't identify as diversity,...

17 Jan 2022

Just wondering how people generally feel about diversity. I realize it's a sore subject for some, but I think it would be interesting to see how diversity in the workplace has impacted your career. Have you benefited from your race, gender, etc? Have you ever felt like someone at your firm was...

03 Apr 2022

Hey all, I see threads for earlier years of this but none for 2020 so I figured I'd get it started. Anyone have prior experience able to tell us what to expect? Where is everyone currently at with their applications? Who are you and what does your application look like? Anyone who maybe has applied...

24 Jun 2019

I am a diverse student at a high-ranking university, and I am curious if other people notice the same thing I do. Whenever I go to diversity info sessions or diversity programs/events, I constantly see non-diverse candidates there. Do others experience this too? Or, at diversity super days, do...

01 Nov 2019

Hello Monkeys, Fairly late on the whole IB thing and I'm starting to stress out. I've had two Big 4 Accounting Internships in the past and now when I'm applying to IB's, I've realized they want more actual banking experience. So, I've been trying to find internship and co-op opportunities to get...

03 Feb 2022

Here we go again, boys. Diversity rant. Notice what I did there? I said "boys" because I'm sexist, right? Wrong. Am I sexist? Fuck yeah, if paying for everything and thinking (knowing) that men are better drivers is sexist. But no, I'm actually just speaking to my intended audience, heterosexual...

24 Sep 2016

I have been working in VC for a few years (primarily fintech/environmental) and recently interviewed for a new position at a Gen-Z/Millenial cusp VC firm. One of the questions was "which one of our current portfolio companies would you have not invested in initially?". My answer was a company that...

26 Jan 2022

Hey guys, I'm doing a freshman diversity program at a BB this Summer (think Morgan Stanley, Citi, with their weeklong programs and whatnot, etc.). Obviously this isn't anything like an actual summer internship, but it's still something worth noting, so where should I put it on my resume?

30 Jun 2020

I'm creating this thread because I think that diversity recruiting is a powerful tool that is very much underutilized. Just about every BB has programs dedicated to diversity initiatives, many of which are targeted toward freshmen/sophomores. Knowing that you missed a deadline is absolutely the...

06 Mar 2016

Hot take, but I think programs like SEO and MLT kill off a large percentage of nondiverse applicants in the recruiting process and give any slightly motivated minority the ability to attain a top tier internship. This year's SEO and MLT class have nearly 800 interns at over 80 top tier companies....

16 May 2020

Mod note (Andy): WSO top comments - this one is from the post in response to diversity in investment banks. Click here to see more top rated comments You asked why there isn't more diversity on the street given that only 'average talent' is required. Here are my thoughts. One: We define diversity...

30 Jan 2014

I know that some PE firms prioritize hiring female candidates due to having smaller representation from this demographic. Thoughts on whether such priority applies to Asian females as well (given how Asians in general are well-represented). For what it's worth (and based on purely my own anecdotal...

27 Feb 2021

A lot of my east asian male colleagues think that the finance world is unfair to them. On one hand they don't get that "white advantage", on the other hand, to reach diversity targets, firms try to hire more women. Is it true less qualified women get the IBD, HF, PE positions just cause they are...

03 Mar 2021

I am a junior in college and I just found out that I was accepted to the Oaktree Future Leaders program. I will be attending the training session in person in the NYC office. Is anyone else planning on going/have any idea what this program is? I applied on a whim and don't have many friends in...

11 Jan 2019

Hey! I'm a freshman and over break I'm trying to apply for a couple internships for the summer. Does anyone know which programs are actually open? I saw a forum with like 43 different diversity programs but none of them are open. So if you know any diversity programs that are open for the summer or...

31 Dec 2019

Hi Everyone! I'm a rising sophomore at UMich and I got accepted into Morgan Stanley's Freshman Enhancement Diversity Program. Because of the coronavirus, the program was postponed to late August. I heard the program is a good gateway to getting into MS's sophomore analyst program; however,...

22 Jun 2020

The title is pretty self-explanatory. How screwed am I and what can I do to save my dying chances. Thanks. (I knew I should have gone Warwick to do History or Psychology or something silly)

20 Jan 2022

Hello everyone! I am an incoming sophomore ib intern at a GS/MS/JPM and I would absolutely love to turn this sophomore internship into a junior opportunity. I have no friends nor family in the industry so I am turning to WSO for advice! Does anybody have any experience being a sophomore intern and...

24 Jan 2022

Hello, I am recruiting for SA 2022 IB. On Monday I received an offer from a MM. I am a diverse, "semi-target" candidate. The company gave me 2 weeks to decide. I am participating in the GS Possibilities Summit and I am waiting to hear back if I get a hirevue. I would accept the MM because I genuiely...

03 Mar 2021

Just thought I'd start a thread for this as they begin sending out invites. Feel free to update this with offers, interview experiences, etc.

21 Mar 2018

I am a current sophomore. I am applying to sophomore diversity programs for SA 2021 IB, and was wondering if you need to network extensively to get into these sophomore programs like you have to for normal junior SA IB programs (2022 for me). I know for junior year SA IB, people say talk to 5-10...

18 Sep 2020

Hi monkeys, I applied to BoA's Banking, Markets & IM Diversity & Inclusion Forum in NYC (4/10/19-4/11/19) in early February. A couple days after I submitted my application, I received an invitation to submit a HireVue application. I figured that was a good sign, so I went ahead a submitted it. It's...

19 Mar 2019

So Mike Pence is getting some criticism for having a policy where he doesn't meet with female staffers one-on-one. http://www.bbc.com/news/blogs-trending-39447921 I know a few senior guys who have a similar rule, and will keep an open door in their office or invite a male colleague along when there...

30 Mar 2017

Been reading here that BBs have been strongly shifting towards diversity recruiting. Is this also the case for management consulting (especially MBB)?

13 Aug 2021

On the note of diversity programs, what percent of financial firms actually have Native Americans as part of their firm make-up? Have you ever met a person who identified as Native American in past diversity events?

28 Apr 2020

I'm a sophomore at a non-target and gotten so many emails from firms telling me about their diversity "insight" days with accelerated recruiting for next summer. I'm a pacific islander and most of the flyers say like "women" or "LGBTQ" or "Black/native american". Should I apply to attend these...

25 Feb 2020

Hello everyone, I have been recently looking on WSO, and I have found it super helpful to hear people's experiences in management consulting. I am currently a sophomore at a top target Ivy League college, and I am a first generation student and underrepresented minority. I have a pretty good resume...

26 Feb 2019

Hi all! I was accepted into several sophomore Pre-Internship/Early Insight/Diversity Programs and was wondering what is the purpose of these programs. Do they serve as a pipeline for summer recruiting, or are they more of information sessions? Would these be useful to put on a resume and if so, how...

14 Mar 2018

Was wondering if anyone heard back yet. Since PJT is the spinoff of BX, I imagine this program may be as competitive as the Blackstone Future Women Leaders Program.

15 Aug 2017

Would love input from UT Austin McCombs alumnus & BHP students. Most students, 80% (shttps://texadmissions.com/blog/ut-business-honors…) students in BHP are students from TX and see that they are all from similar background - academics and Extracurricular activities are also academic (what I see...

04 Dec 2018

Just had an interview at a target for 2019 BEL program. Has anyone heard back? Have other schools been interviewed?

18 Apr 2019

I didn't know this was even going on, but apparently the EU may soon require boards to be 40% female. Britain is against strict quotas, instead favoring a business-driven approach. I actually can't believe this is an issue. The EU can actually get together to force diversity upon the private sector,...

18 Nov 2012

Hey, I was wondering if anyone has heard back from any of the firms for their LGBT conferences: Citi Pride Summit Goldman Sachs Pride Summit Barclays Bootcamp for corporate finance and Markets J.P. Morgan Proud to Be

20 Oct 2014

Hey Monkeys, I'm a sophomore attending a semi target school. I'm Asian, which makes me disqualify for diversity events as I understand. But in my case, I'm the first middle schooler, high schooler, and college student in my family. soooooooo... do I count as diversity?

22 Oct 2020

Been asked to help with recruiting, but I was curious if any long timers in the industry at IB, PE, or consulting firms actually noticed a change in a company's culture after they hired diversity initiatives. In addition, I was curious if you noticed a change in incoming analyst classes, in terms of...

12 Oct 2020

Hey all, Today I genuinely had the best luck in a long time, I found out about the BAML sophomore internship program a day before the deadline closed! However, I am a little concerned about wether the admission is rolling. My issue is, does rolling basis heavily affect those applicants that apply...

15 Sep 2021

Does anyone know what the program structure is like? Is there a super day? (this is for IBCM, Equity Research, S&T or Tech). Thanks!

15 Mar 2018

hi, many bbs have gay 'recruiting' events...does this up one's chances and are there any benefits to it or is it better to stick to the regular track? also how can they tell you're gay thanks

17 Nov 2010

Has anyone heard if they have been selected for 2017? I know the cutoff date was two days ago, but I didn't know how long it usually took for them to announce.

06 Sep 2017

Hi WSO, just a quick question because there are so many banks and this all gets confusing. Are there remaining diversity programs still that are open or have not opened yet???

22 Jun 2020

hey guys, i'm new here so there may have been a post on this in the past that i couldn't find in my search so forgive me in advance if this is true. i just had a question about diversity events for bb firms. so im a sophomore at a target and there are definitely a lot of diversity events and the...

20 Jan 2013

Hi, Recently completed hirevue for BAML Diversity Inclusion BANKING/MARKETS MARCH5-6 IN NYC FORUM. Has anybody hear back or know when we can expect to hear back?

11 Feb 2020

I was wondering if anybody here applied for this program (particularly in Corporate & Commercial banking, because I think the IB program might have a different notification timeline) and was notified? With over 1,000 applicants I figure there must be a few here. They said in the conference call that...

11 Dec 2015

How much does a Diversity program help in terms of securing a return offer? If I secure an offer for a Freshman program, how likely is it that I'll get in for the Sophomore one? And for the Sophomore one, how likely is it that I'll get in for Junior? Thanks for your help.

30 Jun 2020