Attracting Gay MBAs, Attorneys on the Rise

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Attracting Gay MBAs, Attorneys on the Rise
2006-08-11
Employment in the financial services industry hasn't always been touted as the most gay-friendly place to be. Known for being white, male and hetero, the boy's club environment is changing, however, according to a new report on BusinessWeek online, in some tangible ways. What's more, those changes are being reflected not only in the workplace but on business school campuses.Given the hot job market for MBAs, the industry is battling for top talent, opines BW. Companies are reaching out to minorities, women returning from maternity leave, and other streams of talent -- like gays and lesbians. In return, they're getting employees who bring new ways of thinking to the organization.Indeed, Silicon Valley has for years had internal policies that included recruiting openly gay employees because they knew it was a good way to find and retain top talent, and that mentality has slowly made its way to the financial services industry, as well as the legal profession (more on that below).Major players like Deloitte, Deutsche Bank, JPMorgan Chase, and Lehman Brothers Holdings, have been holding recruiting dinners at business schools for gay students, reports BW.
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