The survey refers to full-time or permanent exempt employees in the U.S. Entry-level college graduate hires are new full-time, professional hires made directly from undergraduate institutions. Exempt employees are employees who are not temporary, hourly or contract.

For this survey, diversity is defined as male and female minorities and white women but does not include gay and lesbian employees. For this survey, minorities are defined as those whose race is other than white/Caucasian (e.g., African-American/black, Latino/Hispanic, Asian and Native American).

Firm Contact Info

This section contains basic information, including the contact person for diversity hiring.

Offices and revenue, also in this section, give a sense of the size of the bank?some would-be bankers prefer larger banks, while others prefer more intimate boutiques.

Strategic Plan and Diversity Leadership

Once a bank has committed to work at being more diverse, there are various ways in which the bank can advance that commitment. It may be helpful for the reader to pay attention to what steps the bank?s management has taken to communicate its diversity commitment widely and to develop a clear action plan for progress. Is diversity progress a goal that has been set with bank-wide responsibility and accountability? Do diversity leaders have a voice on management issues? You can begin to explore some of those issues in this section.

Recruitment

Here?s where you find out how to get hired at the bank of your choice. This section contains useful information on schools at which the bank recruits (for new analysts) as well as other outreach efforts, including participation in conferences, career panels and scholarship programs. Similar information is available for professional hires, as well as insight on whether the bank uses women and/or minority-owned executive search firms to make hires.

Internships

Internships are a key way to be hired by any top investment bank. This section describes the type of internship programs (there may be more than one) offered by the bank, as well as contact information.

Scholarships

Many banks offer special scholarship programs for qualified minority students. For banks that offer scholarships, you?ll find the details, including the amount offered, the deadline to apply and contact information.

Affinity Groups

If you?re thinking of joining a bank, either as a new analyst or a more experienced associate, you may wish to join an affinity group or employee network, which is an internal organization that addresses the needs and interests of specific minority groups (sometimes including women and gays, lesbians, bisexuals and transsexuals).

Entry-Level Programs/Full-Time Opportunities/Training Programs

Looking for a place to work after graduation may differ from the place where you did your internship. This section gives an overview of the type of entry-level positions at the bank, including training and any kind of educational perks (like tuition reimbursement).

Diversity Mission Statement

Many banks have a kind of guiding credo that shapes their approach to employment diversity issues; you?ll find it in this section (if the bank has one).

Additional Information