The (White) Male-Dominated World of Finance?

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  1

  callfastnet@...

  06/21/07 | Report as spam

  COMPETITION

  MOST BLUE CHIP COMPANIES TEND TO RECRUTE FROM PRESTIGIOUS BUISNESS SCHOOL WHICH HAPPEN TO BE EXPENSIVE AND HENCE OUT OF REACH FOR THE MINORITY.
  BOTTOMLINE , THE UNIVERSITY ONE GOES OT DETERMINES THE DESTINY OF AN INDIVIDUAL.AVERAGE WHITE STUDENTS WHO END UP IN "UNIVERSITIES EASILY GETS INTO THE CORPARATE LADDER .SHARP MINORITY WHO HAS NO SCHOLARSHIP WILL END UP IN SOME UNIVERSITY HENCE HAVE A STEEP GAP OT GET INTO THE FINANCE LADDER.

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  2

  jenkinsl8

  06/22/07 | Report as spam

  response to competition

  I don't think so. The "competition" comment reads as though there are NO
  minorities ANYWHERE that can afford to go to a prestigious school, which is
  not the case, at least not in America. There are some very well off minorities
  here, in case you didn't know and many of their kids make it into prestigious
  schools....
  
  I think it has alot to do with minorities not having proper role models within
  the firms and having to deal with the additional issue of navigating in a hostile
  environment. It does have something to do with competition, but more about
  how people act when in a situation of intense competition, the tactic is to ban
  together to eliminate those that are different first before taking out anyone
  else. And if minorities in these companies have no one to help them navigate
  politically or talk them up, as their white couterparts do, they're not as
  successful by default. And, in most cases, the minority will move to an
  environment where they feel comfortable.
  
  Lack of minority representation in any corporation or industry is a reflection of
  either purposeful actions, policies, procedures, attitudes or behaviors to keep
  a company or industry white or failure to take steps to ensure a company
  attracts the best talent regardless of race. And at a time where america is
  becoming less white and more black, yellow and brown and in the world,
  which is majority black, brown and yellow becomes more interconnected, any
  company or industry that does not take purposeful steps to attract and retain
  minority representation is ensuring it's eventual obsolescence.