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I think most STEM fields are still male dominated, and finance has a lot of math, etc. involved.
There is research that traces this bias back to the toys you buy for your infant/toddler — girls are given lots of dolls and thus develop more emotional intelligence (an area many adult men struggle) and boys are given blocks and cars which leads to more exposure to mechanical/engineer concepts which can lead to better outcomes in STEM subjects. Obviously there are women in STEM (I am one), but when looking at our society as whole there is still a lot of catching up to do and a lot of unconscious (or not) bias placed on girls throughout their schooling that steers them away from STEM.
Yes. We also had the ‘gendering’ of computers and video games as a toy for men/boys in the 80s which was a huge set back for women in sciences and technology. We are just seeing some slight growth now that computers are so wide spread, and technology is so readily available (as we all access this app on our little handheld computers)… but damage was definitely done and will take time to overcome.
Then mom’s who had limited support and exposure to STEM in play as kids in the 80s/90s tell their school age child to ask their dad the technology or math question because “I’m just not good with that stuff”… and then we have another set back, another unconscious bias starting to form for the child, both male and female, that men are just ‘innately’ better at STEM than women. It’s really interesting (but somewhat depressing) to dig into the research.
As a young woman who's struggling to get hired at my ideal high finance jobs, I will say it's probably just the type of personality they look for in hires that are much more commonly found in men. It just doesn't cut it when I'm being interviewed by two white men from Florida and Minnesota as a woman of color from a completely different background. There's a certain vibe and lingo they expect and its bs. Or just could be my own incompetence but oh well
As a female in banking for 34 years I’m not necessarily agreeing with the comment that hiring managers are looking for a certain vibe or lingo. I think any hiring manager is simply looking for someone that can do the job well and knows how to play well with others in the sandbox. Maybe this is an oversimplification but I’ve always been hired for jobs by just convincing the hiring manager of those two things. My experience has been that, these days, hiring managers might lean more towards creating ethnic diversity in their teams as a badge of honor. That’s what I’ve noticed. Personally, I would just try and maximize every advantage that I have as long as it’s ethical.
Why are there so many Asians in finance? The answer is iq, just like it’s the answer here
I don't think it's IQ, merely a cultural emphasis on education and driving kids to achieve strong outcomes (so they can brag to their friends, no joke). High finance pays well and has "prestige" so naturally it's a fit, the same way lawyers, doctors, etc.
To be honest. Finance is kind of a cut throat industry.
The woman that are cut throat seem to do amazing in that industry. But for the vast majority of women ( my experience only so dont kill me) women tend to care more, sentiment in finance is really not tolerated.
This is why nursing (in my opinion is a female dominated field). I do beleive women can do any job a man can do, it's a mindset thing though.
As old archaic women and men roles are starting to blurr, I think the future will hold more women in the finance sector. Especially with men not getting degrees at the same pace as women, and as the male population continues to dwindle, with suicides, mental depression ect woman will indeed be needed to fill these roles that are male dominated
I would say this is nurture not nature though — it is what girls are typically raised to do sit quietly, play with and take care of baby dolls, emphasis on community and actions that benefit the group, be caring. Compared to boys who generally are taught to be strong and tough and dig in the dirt and find out how things work, discouraged from care taker play and tasks.
These lines and social structures won’t really start to blur significantly until more girls are allowed to play in the dirt/get dirty/be tough and more boys are given and encouraged to play with baby dolls. It could take generations to see real improvement.
The barrier to entry and network needed to get a job in high finance is hard to overcome. I think also the lack of female mentors. Plenty of women like myself would love to work in finance.
It’s going to change. Women are going to college at higher rates
@Manager 1 That's not true stop stating things that are not true
https://www.statista.com/statistics/184272/educational-attainment-of-college-diploma-or-higher-by-gender/
I am a female in finance and I have seen companies really trying to hire more women but they couldn't be found. I think a lot of women have committments (children) combining that with a very demanding job, is too tough for many. I think if there were more supporting husbands who do their part, it might be different . I am lucky to have that sort of husband which in turn allows me to grow my career.
I think it just doesn’t appeal to a lot of women
My location have three female bankers and one is burning herself out and the other two are coming along very well but they just started in this role.