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ERIC Number: ED615808
Record Type: Non-Journal
Publication Date: 2021-Jun
Pages: 28
Abstractor: ERIC
ISBN: N/A
ISSN: N/A
EISSN: N/A
Financial Services Industry: Factors Affecting Careers for Women with STEM Degrees. Report to the Ranking Member, Subcommittee on Diversity and Inclusion, Committee on Financial Services, House of Representatives. GAO-21-490
Cackley, Alicia Puente
US Government Accountability Office
The financial services industry is highly dependent on technology and more than one-fifth of industry employees have Science, Technology, Engineering, and Math (STEM) degrees. Women continue to be underrepresented in management positions in the financial services industry and in STEM degree programs. As a result, some financial services firms have made efforts to promote interest among women in both STEM and financial services. These factors include young girls' early exposure to STEM topics, access to resources such as computers and high-speed internet, and a sense of whether they belong in STEM degree programs. GAO was asked to review factors affecting financial services careers for women with STEM degrees. This report examines: (1) factors that affect the participation of women in STEM degree programs and subsequent participation in financial services careers; (2) how selected financial services firms encourage girls and women to participate in STEM education programs; and (3) how selected financial services firms recruit and retain women with STEM backgrounds.
US Government Accountability Office. 441 G Street NW, Washington, DC 20548. Tel: 202-512-6000; Web site: http://www.gao.gov
Publication Type: Reports - Research; Legal/Legislative/Regulatory Materials
Education Level: Higher Education; Postsecondary Education
Audience: Policymakers
Language: English
Sponsor: N/A
Authoring Institution: US Government Accountability Office
Grant or Contract Numbers: N/A