Is it Okay to Have Facial Hair on Wall Street?

So - after reading all these discussions on style/dress code...i figured i would throw this out there...for men, if facial hair frowned upon in the IB world? I have been wearing a goatee for years...do i need to shave to be taken seriously? Is it really that shallow?

Is Having Facial Hair Acceptable In Investment Banking?

While there is no specific rule in dress codes regarding facial hair, there are some "secret" dress codes that investment bankers follow.

Take Goldman Sachs for example, their dress code is to just "fit in" with the rest of the firm, even if it means wearing suits while taking a smoke break. As for beards, typically bankers have their beards shaved and only a select few senior staff have beards.

As a junior member of the team, you should assume that you should be clean shaven. If you are curious about what the informal code of conduct is, ask another junior team member that has been at the firm longer than you have been.

If you have any other comments or experience in having a beard in investment banking please comment below!

You can learn more about companies that you are interested in working for with the WSO Investment Banking Industry Report.

Read More About the Topic of Facial Hair on WSO

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