A new survey has revealed women graduates are being put off a career in the City because they feel discrimination is rife, according to the Times.
The newspaper reported the banking sector is seen as an unattractive career option for female graduates.
The report claimed women view the Square Mile as unethical, with poor promotion prospects outweighing the high financial rewards on offer. The study was carried out by Oxford University after a bank and management consultancy asked it why just a third of applicants from the institution's many colleges were women.
In a survey of 450 Oxford undergraduates, it was found many students though careers in banking, accountancy and consulting were unethical.
Of those questioned, 75% said the financial services industry was not supportive of society.
And 85% of the women undergraduates polled said "people like me" would face discrimination in the industry, compared to just half of men.
Results of the survey, which was conducted by the university, will be sent to graduate recruiters in the financial sector, including Bank of America, Barclays Capital, HSBC, Morgan Stanley, RBS and the Bank of England.