The stubborn refusal of the gender pay gap to close, or even narrow, is a constant source of frustration for anyone who cares about equality between the sexes. That’s to say nothing of the void separating women and men when it comes to, for example, the number holding senior positions, the rates of promotion or representation in industries like tech. There is, however, one gap that is steadily closing. Women are getting richer.
The solution for this problem is exactly what you said, Diane: “Women need to see themselves in these roles, know they can develop the necessary skills…” and it applies not just to finances but to sciences in general. But, fortunately, brave girls navigated in this not-known sea, breaking into it and them showing the way to the others. Here in Brazil there is a community called Meninas Olimpicas (Olympic Girls) which tries to correct this boys majority in the Scientific Olympiads by incentivizing girls to participate “head on” of them. In order of accomplishing this mission, they post depositions of girls who achieved great success in these competitions.
I come from a completely non-traditional background when I was applying but ended up getting in the industry anyways. After you get in, at the junior level, hard work, have a good attitude/personality, motivation, adaptable and being smart at work (like let other ppl know you did the work..) will get you ahead, not if you are a girl or boy or loud mouth or not.

Right before review time, update the goals you’ve met and how you’ve grown. Practice talking about them at home, if you might get flustered. (I’ve been doing this for a lot of years, and I still get flustered.) Then go ask for that raise or promotion, even if you don’t think you’re 100% ready. According to one study, women ask for a promotion when they’re 100% ready, and men when they are just 60% ready. Hmm.


Become a mentor. The study found that 45% of women report not having a financial role model. Closing the wealth gap could deeply benefit from inter-generational collaboration. While Millennials expressed the least amount of confidence in investing, members of the Boomer and Silent Generation cite higher confidence in investing. That knowledge could be a vital resource for Gen-Xers and Millennial women. Being able to learn from other women's experiences around financial planning and planning time out from the workforce can play a key role in creating effective strategies that keep family obligations from reducing earning potential and investment opportunities. The study found that 77% of women see money in terms of what it can do for themselves and their families. Women in the study stated that understanding their finances is key to greater career flexibility (84%). That flexibility, and sharing the wisdom around how to get smart on investing, can be key to closing the wealth and pay gap permanently.

I'm not going to lie, this can be a tough field for women in the long run. You'll feel like you are being passed up on promotions or being let go because of your sex, and in some cases you may very well be correct. I've seen BBs discriminate against women, and personally know women who have settled sexual discrimination cases with BBs for substantial settlements. With that said, the workplace is far more inviting to women than it used to be. Obstacles will always exist no matter where you go, so if IB is really what you want then go for it.


All of the top banks are run by men. A Catalyst study reports that women account for less than 17 percent of senior leaders in investment banking. In private equity, women comprise only 9 percent of senior executives and only 18 percent of total employees, according to a 2017 report by Preqin. At hedge funds and private debt firms, the numbers are similarly low — women hold just 11 percent of leadership roles.
I'd have to agree with the above post. Don't act like a man. You're not , and it just looks weird. But that being said if you're super nice then you'd probably get taken advantage of, so for example, in an interview setting just be yourself. If you are super nice then you probably don't fit in the typical banking environment. After all, you don't want to land a job on the notion of you being someone completely different than you are. You will eventually get tired and want to quit becuase you can't stand to act like someone you're not.

But just having a big shiny goal doesn’t qualify you to open an investment account just yet. After all, if the only thing you needed to have in order to start investing was the desire to have more money, then a lot more people would have investment accounts. (According to the LearnVest and Chase Blueprint study, just 28% of women do, and 40% of men.)

MARCH 8th, International Women’s Day, always brings a flood of reports about gender inequalities in everything from health outcomes to pay and promotion. But one gap is gradually narrowing: that in wealth. As money managers seek to attract and serve rich women, and as those women express their values through their portfolios, the impact will be felt within the investment industry and beyond.
And if you’re new to the table, bring a friend. Murphy has recently criss-crossed the country speaking to groups of women about their money. She notes that one thing that helps reluctant women get involved is to do it with a friend. Events where the invite has said “bring a friend” draw standing room-only crowds, she says. “Women love talking to each other about their experiences and once they get started they do very well. There’s an unwarranted confidence gap that doesn’t play out.”
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Textbooks and school supplies. Course materials could eat up a large chunk of your budget. The average estimated cost of books and supplies for in-state students living on campus at public four-year institutions in 2016-2017 was $1,250, according to the College Board. Also plan for purchases like notebooks, a laptop, a printer and a backpack, and read the do’s and don’ts of back-to-school shopping for money-saving tips.
The first thing I want to make clear is that women really are missing out right now. Investing is a huge wealth generator, and women, for one reason or another, tend to do it less. Seventy-one percent of the money women have is in cash, and any financial advisor will tell you, cash not only doesn’t earn a return; it actually depreciates over time thanks to inflation. The stock market, on the other hand, has returned an average of 9.5 percent for the past ninety years, even including the horrific downturn in 2007. The good news is a lot of companies are trying to figure out how to change that. Partly because it’s the right thing to do, partly because it’s good business.
Define your goals: Get to the heart of what's important to you by thinking critically about investment goals. Sabbia mentioned preparing for personal retirement, saving for children's educational needs, or leaving a charitable gift for the next generation as potential goals. She also mentioned a key difference in how women invest. "While women care about performance, they also look for their investments to align with their values, goals and priorities," Sabbia said. "In fact, more than half of women investors are interested in or engaged in impact investing, generating financial returns along with social returns." Sabbia mentions that whether it's for your own family or a meaningful cause to help others, having clear goals that link to a clear strategy is key to success. And the ripple effect from that empowerment could extend far beyond your own backyard. Increased participation in investing could benefit communities overall. "If more women can actively take control of their financial future all along the way, it would not only benefit them, but also their families and our society overall,” said Maddy Dychtwald, co-founder and senior vice president of Age Wave.
Seriously, don't give me this crap about it being hard to be a woman. If your not a retard and don't look like a complete land beast, you should be able to get a job easier than white males. I think this is a reason alot of females don't rise as high, because they don't have to really stand out and be a superstar to get a job / get promoted, whereas white males do have to dominate, because there are a million of us, so only the cream of the crop get hired.
First up, a woman in one of the most male-dominated industries of them all: investment banking. Sure, we've heard the horror stories of 100+ hour workweeks, fraternity-esque hazing of entry-level employees, and of course, rampant sexual harassment. But it's probably not all The Wolf of Wall Street. To get the record straight, we're talking to an entry-level investment banking analyst. 
Well, the vision that people in general have about this market is one of a bunch of heartless, greed peolpe seeking more and more proft, in order to get richer. But it’s not like this. Of course, it’s in some e way about “making” money, yet it can be done without damaging people and can be used to generate good for the world. To train the future business leaders to know the imortance of it, and to select people using as a criteria their will to help the world, making it a better place, is a way to reinforce this perspective.
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Moreover, I also imagine the finance industry to be intimidating by nature. To me, it requires people to make quick and sound judgments, as well as be competitive and cutthroat. However, these perceptions were based upon myths and Hollywood movies designed to generate revenue and not create awareness of the industry. They, therefore, may not match reality. This is why I believe that Girls who Invest are playing a major role in changing the perception women have towards the asset management industry. They are doing so by tackling the issue by its roots — educating young women about the industry and destroying myths and untrue perceptions. Also, by aiming to transform the finance-industry landscape with the inclusion of women in finance, GWI is working towards benefiting the industry as a whole.

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I partipated of WHARTON’s Investiment Competition once and it was when I “fell in love” with business and financial area. Unfortunatly I did not got into the global final, but I got into the 20th first and participated of brazilian finals. It was a very enriching experience for me. I’m still in the second year of High School and intend to participate on it again. Now I’m searching more and trying to discover the best criteria of analisis of maket (what basically what I have to do to go better in the competition, if anyone here is interested in it or has tips, I’d be glad to know more and talk about (: ).
Because women are more inclined to do research and more likely to exhibit patience than men, they’re well equipped to take the same disciplined approach to selling as they do to buying and are less prone to unloading their stocks during a market panic. Ketterer suggests establishing triggers that prompt the reevaluation of each holding. A trigger could be a set date (say, at the end of a quarter or the end of a year), or it could be a specific rise or fall in the share price. Ketterer sets a target price for each stock she buys and reevaluates it when the price approaches that level. A falling stock price is not a reason to sell, she says. But it may indicate that your initial analysis was flawed and requires review. “The greater the frequency of review of a company, its industry and the economic environment, the better,” she adds.
Then I had a second child about two years later and I would say after I delivered him, that's when I started to really think about what could I do and how could I do it. I was able to visit, while pregnant with my son, I visited Central America, which is where my mother is from, with CARE, the non-governmental organization. And in all of the visits that we did during the time that I was down there with them we came across One Water Program. It was a clean water project, and a lot of women were coming to get access to clean water, and getting like a little bit of ante-natal care or a little post-natal care while they were there. And because I was pregnant and because so many of the women were pregnant or had small children on their backs that's where I had the "Ah-ha!" moment of had I had my daughter in this community, far away from a hospital or, you know, paved roads, or clean water and sanitation, or you know, there were so many factors that I could see how it could have played out very differently had I been there or anywhere else for that matter.
Investing itself, we’re in favor of. (You might have picked up on that, since we’re a company named Ellevest.) Especially investing in low-cost, well-diversified investment portfolios. That’s because — we’ve said it before, and we’ll keep saying it — we really, really need to fix the gender investing gap. Women don’t invest as much as men — we keep 71% of our money in cash (in other words, out of the market). This is part of the reason that we retire with two-thirds the money of men (even though we live longer).
Right before review time, update the goals you’ve met and how you’ve grown. Practice talking about them at home, if you might get flustered. (I’ve been doing this for a lot of years, and I still get flustered.) Then go ask for that raise or promotion, even if you don’t think you’re 100% ready. According to one study, women ask for a promotion when they’re 100% ready, and men when they are just 60% ready. Hmm.

Definitely important to maintain your femininity. There is nothing worse than being one of 'those' women who try and act like men. Guys absolutely hate that, and I'd say especially as the older guys are starting to retire, etc., the younger ones hate it even more. At my PE shop, there are very few girls on the deal/origination side. Luckily, the guys aren't spewing machismo. But, it's always good to remind them that you're a girl in some way or another. In my experience, guys in finance just want to work with a girl who's cool, smart and does good work. Pretty much the same thing they look for in guys. They're not running around looking to work with d-bags.
As you near your retirement, you should start moving some of your risky investments to safer avenues such as Debt Mutual Funds. But don’t give up investing in equities yet. Inflation will have a huge impact on your savings once you retire and equities are the only investments that can save you in the long run. Ensure that you have set up different income sources so that you don’t run the risk of lower returns from one income source.
MS. SPELLINGS: What we're doing right is focusing on reading. Here in North Carolina there's been a major emphasis around early literacy. If people can't read and cipher at high levels very early then you're on a track for failure. So, you know, we're out of denial about that. A key part of that, certainly for the university, is making sure that our teachers are prepared to be effective in teaching reading, but teaching reading in disadvantaged communities, rural communities, urban communities, poor communities, etcetera, and I think we, and one of the things that I'm challenging myself to do since we run 14 teacher preparation programs, is understand how well we're doing that. You know, when the, when we have the reading results that we have in this state, which are not terribly encouraging, it tells me those well-intended, high-energy young people that are teaching in our schools don't have the best tools available or we'd have better results. So, that's, we have accountability for that in the university. 

To be able to be transformational in that sector we need to work on four essential areas; one is policy, mostly dealing with issues of access to land, and to do that the public sector plays a big role. The second issue we try to tackle in the area of agriculture is access to finance. And like Nigest said for the longest time the women have been confined to microfinance and small loans. So, when we look at access to finance we want to look at the broad spectrum of financial instruments, whether it's a guarantee funds, credit lines, private equity, leasing of, you know, agriculture equipment. And all of that we have to do with the private sector. When we talk about access to market, same thing. How do we make sure that these women that we're going to help produce more tomatoes, more mangos, everything else, have access to market? And that access to market can only be achieved through contractual relationship with private sector. So, once UN Women walk away three or four years later from the program that these women are able to continue. And lastly, skills development, exactly what we've been doing this whole week. How do we make sure that these women are productive, they use technology, they have a better use of water? So, as you can see in all of these four pillars in the area of agriculture we cannot do it alone.

3. Create an investment plan. Once you have set your goals, you need to create a solid investment plan. First, determine how much money you have to invest, and start thinking about how to make your money work for you to achieve your financial goals. Rather than a set of rules, an investment plan provides guidelines that can help you organize and direct your energies. Financial plans should have continuity and a solid foundation, but at the same time be adaptable to changes that invariably happen in life. For more on financial planning, read Developing a Personal Financial Plan.

MS. NELSON: Lots of great, great advice. I think you know often times people underestimate the power of mentoring and think oh that's sort of soft, but actually what I have seen in 20 years of working with Vital Voices is that it's a strategy, it works. My mentor here, she always hates that I acknowledge her, but my mentor here Melanne, I know I wouldn't be in the job that I'm in without her. And I think that mentors are the people who don't just pull you up, but also are the ones that are willing to stand behind you and believe in you, maybe even sometimes as you said, you know, before you believe in yourself.


i simply asked a question inviting others with more experiences to share theirs, and i must say, if one day i supervise this bunch, most will be fired. why? if bother to write, write something that is representative of you and your being. if that is the case, i must say, this IB field if represented here is really not that competitive in the positive sense. rather, quite trivial. no offense, but if one can read, one shall understand.
MS. TURLINGTON BURNS: I think we see all ages who are interested, and it might be—obviously, it's not just people who are thinking about motherhood or pregnant themselves. This is again it's an issue that really touches a lot of people. It might be because of their own parent. It might be because, you know, like my 13-year-old, right, it's not lost in me that, you know, at this age of her life it's kind of the perfect time to be learning about these issues, well before she is thinking about whether she wants to or doesn't want to become a mom one day. But now, as she's understanding her body, and is learning about the things that she wants to do and what she wants to be in life. Like, this is like a ripe time. It's a challenging time in almost every country to be able to educate our young people about these things, but it's so important. My team at work, their ages, you know, 22 to I'm 48, so to 48. I mean it's a pretty broad age range, and I think the way that we work as a team has really helped to—like we don't really see age and numbers. It's like we're together sharing this mission and we each can kind of reach our own networks in our own way, in the way that they want to be spoken to or taught. So, we're really trying to think about that and keep an open mind about how people want to, how receptive people are, and how they want to take information in and how they want to be activated.
Focusing on the goal is smart because it forces you to consider your personal needs rather than some arbitrary measure of success. “It’s not that women aren’t concerned about getting a great return,” says Zaneilia Harris, a certified financial planner and president of Harris & Harris Wealth Management, in Upper Marlboro, Md. “But they don’t care what their friends are doing; it’s all about their individual goals.”
I partipated of WHARTON’s Investiment Competition once and it was when I “fell in love” with business and financial area. Unfortunatly I did not got into the global final, but I got into the 20th first and participated of brazilian finals. It was a very enriching experience for me. I’m still in the second year of High School and intend to participate on it again. Now I’m searching more and trying to discover the best criteria of analisis of maket (what basically what I have to do to go better in the competition, if anyone here is interested in it or has tips, I’d be glad to know more and talk about (: ).
Focusing on the goal is smart because it forces you to consider your personal needs rather than some arbitrary measure of success. “It’s not that women aren’t concerned about getting a great return,” says Zaneilia Harris, a certified financial planner and president of Harris & Harris Wealth Management, in Upper Marlboro, Md. “But they don’t care what their friends are doing; it’s all about their individual goals.”
He also found that cortisol levels rise during a market crash, increasing risk aversion among traders and exacerbating the decline. Since women have significant lower testosterone levels, Coates argues that they are less prone to the irrational exuberance associated with stock market bubbles. While the study by Coats is focused on biological factors, it is not the only study to draw similar conclusions with regard to the investment behavior differences between men and women.
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