Anonymous wrote:So with all these diversity targets, is it bad news then for my white, lower middle class son without connections to find internships and first job? I’m sure he’ll hit the pavement running, but sounds a bit discouraging.
Anonymous wrote:Anonymous wrote:Anonymous wrote:So with all these diversity targets, is it bad news then for my white, lower middle class son without connections to find internships and first job? I’m sure he’ll hit the pavement running, but sounds a bit discouraging.
Yes. The people creating the targets will never do it at the expense of their own jobs. It's new hires without connections who bear the brunt
And it’s difficult for well-meaning people who can’t understand why a college graduate can’t find a job easily and quickly. I know a dad who is so frustrated that his son can’t find a job six months after graduation. Leads to tension in the family. The kid is working, but not in his field. My son is a business major. I think it’s even more difficult in that field for a white male. Fingers crossed!
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:So with all these diversity targets, is it bad news then for my white, lower middle class son without connections to find internships and first job? I’m sure he’ll hit the pavement running, but sounds a bit discouraging.
Yes. The people creating the targets will never do it at the expense of their own jobs. It's new hires without connections who bear the brunt
And it’s difficult for well-meaning people who can’t understand why a college graduate can’t find a job easily and quickly. I know a dad who is so frustrated that his son can’t find a job six months after graduation. Leads to tension in the family. The kid is working, but not in his field. My son is a business major. I think it’s even more difficult in that field for a white male. Fingers crossed!
Business is often a loosey-goosey major; encourage him to minor in accounting or finance or something else and / or to double major.
Anonymous wrote:So with all these diversity targets, is it bad news then for my white, lower middle class son without connections to find internships and first job? I’m sure he’ll hit the pavement running, but sounds a bit discouraging.
Anonymous wrote:Anonymous wrote:So with all these diversity targets, is it bad news then for my white, lower middle class son without connections to find internships and first job? I’m sure he’ll hit the pavement running, but sounds a bit discouraging.
Rely on your son’s networking, friends, family, and local businesses for early internships and regular jobs, which are very important. For large companies, the field opens up during junior year. Most employers recognize kids need internships during their junior year, and so preference is usually given to juniors. This thread started with questions about a handful of firms - those are a special beast, with special programs for diversity hires early in the college career - summer after sophomore year, typically. You should expect your son to work hard to find placements, and he will, even if he is at one of these lower ranked schools.
Anonymous wrote:Anonymous wrote:Anonymous wrote:So with all these diversity targets, is it bad news then for my white, lower middle class son without connections to find internships and first job? I’m sure he’ll hit the pavement running, but sounds a bit discouraging.
Yes. The people creating the targets will never do it at the expense of their own jobs. It's new hires without connections who bear the brunt
And it’s difficult for well-meaning people who can’t understand why a college graduate can’t find a job easily and quickly. I know a dad who is so frustrated that his son can’t find a job six months after graduation. Leads to tension in the family. The kid is working, but not in his field. My son is a business major. I think it’s even more difficult in that field for a white male. Fingers crossed!
Anonymous wrote:So with all these diversity targets, is it bad news then for my white, lower middle class son without connections to find internships and first job? I’m sure he’ll hit the pavement running, but sounds a bit discouraging.
Anonymous wrote:Anonymous wrote:So with all these diversity targets, is it bad news then for my white, lower middle class son without connections to find internships and first job? I’m sure he’ll hit the pavement running, but sounds a bit discouraging.
Yes. The people creating the targets will never do it at the expense of their own jobs. It's new hires without connections who bear the brunt
Anonymous wrote:Anonymous wrote:A few observations re elite college dominance in "prestigious" hiring, insofar as it ever was a dominance. Elite in this context means Ivy+.
It's definitely changing. The brand name of the elite schools have weakened through the substantial changes in student demographics in the last 20 years. The upper 50% of elite students remain elite and sought after. However, they disproportionately go into grad school (stem/medicine/law) or get funneled into a handful of elite career tracks re consulting firms. The bottom 50% of elite college students have become too variable to be reliable. They get a shot after graduation with the first job, but if they don't succeed at it, then the benefit of their college diploma is gone forever.
Same principle above now also applies to grads of elite grad programs and law schools. Even Harvard/Yale law grads are increasingly breaking apart into the upper and bottom 50%. The name alone is less reliable a gauge for competence and professionalism in the workplace.
The hardest and most competent workers in corp America are female grads of large state universities. They increasingly dominate. Many were in sororities.
The highest achieving in terms of generating revenues are still men, both white and South Asian.
You sound racist (since you think you can generalize about each group!)
And do you not hear the irony is saying women work the hardest but white men still make more.
Anonymous wrote:So with all these diversity targets, is it bad news then for my white, lower middle class son without connections to find internships and first job? I’m sure he’ll hit the pavement running, but sounds a bit discouraging.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:I have not read the whole thread, but a Caucasian White Male at a Top 25 is going up against diversity recruitment targets at these companies, so he would be at a disadvantage no matter what school he goes to. Are you sure that the kids landing the big jobs from Penn State for example aren’t connected and strings weren’t pulled for them? Regardless, I would advise your DS to adjust the companies / jobs he is targeting… aim for mid tier or niche consulting for example….or aim for locations outside of the key offices. And, if you have any contacts or family connections at all, now is the time to pull them. Lastly, The recruitment cycle for consulting and finance internships for summer 2024 are pretty much over, they hire 12-18 months in advance, so if he doesn’t have anything lined up for next summer, he needs to go back to the drawing board and come up with a plan B
There aren’t diversity recruitment targets. Stop lying. Maybe with the federal government. With the private sector forget it.
Actually, there ARE diversity recruitment targets in the private sector, definitely at major professional services firms. So we do see certain types of kids being squeezed out. By the time, you bring in the kids with connections and the kids to meet your DEI targets, there aren’t many spots left open. It’s brutal.
Ask me how I know.
Yes, especially in banking, the most prestigious banks all have special diversity internships earmarked for the summer after sophomore year. Very big in IBanking. This means that most other kids need to start networking early fall or summer of junior year to land the plum internships junior year summer. Ideally those convert to job offers before the start of senior year.
Anonymous wrote:Anonymous wrote:Anonymous wrote:I have not read the whole thread, but a Caucasian White Male at a Top 25 is going up against diversity recruitment targets at these companies, so he would be at a disadvantage no matter what school he goes to. Are you sure that the kids landing the big jobs from Penn State for example aren’t connected and strings weren’t pulled for them? Regardless, I would advise your DS to adjust the companies / jobs he is targeting… aim for mid tier or niche consulting for example….or aim for locations outside of the key offices. And, if you have any contacts or family connections at all, now is the time to pull them. Lastly, The recruitment cycle for consulting and finance internships for summer 2024 are pretty much over, they hire 12-18 months in advance, so if he doesn’t have anything lined up for next summer, he needs to go back to the drawing board and come up with a plan B
There aren’t diversity recruitment targets. Stop lying. Maybe with the federal government. With the private sector forget it.
Actually, there ARE diversity recruitment targets in the private sector, definitely at major professional services firms. So we do see certain types of kids being squeezed out. By the time, you bring in the kids with connections and the kids to meet your DEI targets, there aren’t many spots left open. It’s brutal.
Ask me how I know.
Anonymous wrote:Anonymous wrote:A few observations re elite college dominance in "prestigious" hiring, insofar as it ever was a dominance. Elite in this context means Ivy+.
It's definitely changing. The brand name of the elite schools have weakened through the substantial changes in student demographics in the last 20 years. The upper 50% of elite students remain elite and sought after. However, they disproportionately go into grad school (stem/medicine/law) or get funneled into a handful of elite career tracks re consulting firms. The bottom 50% of elite college students have become too variable to be reliable. They get a shot after graduation with the first job, but if they don't succeed at it, then the benefit of their college diploma is gone forever.
Same principle above now also applies to grads of elite grad programs and law schools. Even Harvard/Yale law grads are increasingly breaking apart into the upper and bottom 50%. The name alone is less reliable a gauge for competence and professionalism in the workplace.
The hardest and most competent workers in corp America are female grads of large state universities. They increasingly dominate. Many were in sororities.
The highest achieving in terms of generating revenues are still men, both white and South Asian.
You sound racist (since you think you can generalize about each group!)
And do you not hear the irony is saying women work the hardest but white men still make more.
Anonymous wrote:Anonymous wrote:Anonymous wrote:I have not read the whole thread, but a Caucasian White Male at a Top 25 is going up against diversity recruitment targets at these companies, so he would be at a disadvantage no matter what school he goes to. Are you sure that the kids landing the big jobs from Penn State for example aren’t connected and strings weren’t pulled for them? Regardless, I would advise your DS to adjust the companies / jobs he is targeting… aim for mid tier or niche consulting for example….or aim for locations outside of the key offices. And, if you have any contacts or family connections at all, now is the time to pull them. Lastly, The recruitment cycle for consulting and finance internships for summer 2024 are pretty much over, they hire 12-18 months in advance, so if he doesn’t have anything lined up for next summer, he needs to go back to the drawing board and come up with a plan B
There aren’t diversity recruitment targets. Stop lying. Maybe with the federal government. With the private sector forget it.
Banks have diversity targets, it's not just the federal government.