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So, is college selection process in the US racist? The process is SAT, and AFAIK blacks and Hispanics score less than whites, who score less than Asians. Is is also sexist (as more women than men study)?

I don't think so. Correlation doesn't equal causation.

Edit: also, since more Asians and less blacks are accepted at good universities, if your company relies on the name of university when selecting candidates (e.g. a candidate from Harvard is more likely to have an interview than a candidate from an unknown state school), by your logic that's racist as well.

We have a term for that in US law - "disparate impact." And yes, if your hiring practices are found to have a disparate impact on a protected class, it is illegal.

All hiring practices have a disparate impact on protected classes. The only issue is proving it. God I hate such laws!

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