<p>Especially in the i-banking industry. You don't want to be the rookie who 'got in just because he or she is Asian/Black/Hispanic. The industry is all about respect, since everyone knows everyone. You don't want your first step into the i-banking industry to be like this. </p>
<p>Instead, apply for the i-banks directly. It is harder, but in the end it's worth it.</p>
<p>You need to be A LOT more specific. WHY exactly is it a bad idea? Why would the program even exist if it was that useless?</p>
<p>It's not useless - to some people, it's actually quite helpful.</p>
<p>The program is targeted at minorities, and because investment banks are trying to be more politically correct, they have 'diversity programs' etc, where they lower their standard of entry for certain groups of people. For example a job that requires a 3.8 GPA, but if you are with SEO, a 3.3 would do just fine.</p>
<p>Therefore if you are a minority, and apply for the SEO internship program, your chance of getting into an i-bank is significantly increased.</p>
<p>Do you want to be the token Asian/black in the office? They frown upon these people because they had it easy. That is all I'm saying. And disrespect in the i-banking field is very dangerous.</p>
<p>May I be so bold as to ask how you are so familiar with the Ibanking field? From your previous posts it doesn'y seem like you've had much experience in the finance industry..</p>
<p>are asians that underrepresented in the ibanking industry?</p>
<p>
[quote]
You need to be A LOT more specific. WHY exactly is it a bad idea? Why would the program even exist if it was that useless?
[/quote]
</p>
<p>It's a bad idea because people are going to initially think the only reason you got the job was because of your skin color and SEO's hook up. Not only that but your co-workers may get annoyed whenever you have to leave work for an SEO function, this can lead to you having to come back to work late at night to finish assignments. Your co-workers may also be annoyed at the fact that you're hanging out with people from different banks because SEO has people from all the diff banks at their events for you to network with.</p>
<p>So what does this mean?</p>
<p>If you're going to a school like UPenn, UMich, Stern, Haas, ETC any target school where banks recruit from, you're better off just using on campus recruiting to get your job.</p>
<p>If you go to a school that's 3rd tier/not a target school then by all means try your luck with SEO, because when you're at a non-target it becomes the only method of breaking into banking. If you're coming from a target it's really unneeded and can hinder you.</p>
<p>If you pick SEO the best bet is just to try to work a heck of a lot harder than your peers. That means trying to compete for any work available and to put in longer hours than everyone else. That way you break any ideas they have of you being given the job because you're a minority.</p>
<p>considering you can put up with the 'BS' for two years and move on to say, a hedge fund- is it really going to matter that much? I mean- are your exit ops going to be sh.itty because you're the 'seo kid'?</p>
<p>well, when I said you're going to have to work harder and longer I was talking about your internship. If you work hard during that summer the higher ups are most likely going to remember you more for the quality of the work you did than the fact that you came in from SEO, after that I don't think there will be much of an issue.</p>
<p>Oh alright. </p>
<p>check your pm's in a few. I have a couple of 'ibanking' questions.....</p>
<p>toble - are you speaking from personal experience? You have made some valid points.</p>
<p>It's not actually from personal experience, but my dad has friends in that field of business, and they suggested that.</p>