This is a touchy issue.
I am a minority (think black/hispanic)…..
……mid 20s, CFA charterholder, and MBA aspirant. I have a mid-700s GMAT, top liberal arts undergrad, and work in a front office role at a well known wall st firm (over 100,000 employees globally), and I have worked on 3 continents….this is just to give you some background.
I agree that on average, minorities have lower average test scores. However, that does not take into account family backgrounds and lack of preparation materials, as well as quality of schools. This being an analytical forum, people are well aware that inputs determine outputs. I was fortunate enough to have access to the same study materials that whites/asians use (a.k.a I was not disadvantaged in terms of resources), and you can see that I got the same scores that they got.
I know that if I’m able to get into a top school like HBS or Stanford this year, my achievement will forever be “tainted” by people who think that I had an easier time getting in….they will quickly forget the >1,000 hrs I put in to get my charter, my mid 700s GMAT, GPA, work experience etc…and FOCUS JUST ON MY SKIN COLOR to conclude that I was advantaged.
In any case, if I was advantaged, that is beyond my control, and I hope people respect my hustle.
Truth is, I would probably get in even if I was white, given my background. In life, you just have to work hard and reach your maximum potential. I don’t let these stereotypes deter me from venturing into the ivy-lined hallways, because I have been toughened by years of reaching into unchartered territory.
I hope to set an example for young people of ALL RACES, regarding the value of hard work and respect for others’ achievements in a color-blind way.
OK…I know AnalystForum can be abrasive sometimes, but that’s why we love it….reactions!