Drug Testing

Do banks still drug test for cannabis?

I started at my bank last year, summer analyst in 2018. My bank never drug tested me. Do bank still drug test?

I saw that New York banned testing for cannabis, but I would imagine there is an exemption for IB. Any insight is much appreciated. 

15 Comments
 

Didn’t have a drug test as part of my onboarding as an SA, although perhaps covid could have affected this. Industry specific boutique 

 
Funniest

I make sure that every new employee - analyst all the way up to MD - takes a personal piss test for me on day 1. I keep my own tests at my desk for first day employees and then i test them periodically. I require them to allow me to go with them as to not falsify test results. I have over 2 gallons of my coworkers piss in my desk at any given time.

 

Labore quos tempora quod cumque quos. Fuga porro qui nobis laboriosam voluptatem repudiandae perferendis ullam.

Est minus quam nemo impedit sit. Consequatur quae occaecati vel ut est. Laudantium aut accusamus aliquid animi perspiciatis magnam quo. Placeat consequuntur perspiciatis omnis quia voluptas sit facilis.

Career Advancement Opportunities

September 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 08 98.4%
  • JPMorgan No 97.9%
  • Goldman Sachs 02 97.3%

Overall Employee Satisfaction

September 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Morgan Stanley 02 98.9%
  • Evercore 01 98.4%
  • Banco Santander 02 97.9%
  • BMO Capital Markets 12 97.3%

Professional Growth Opportunities

September 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 05 98.4%
  • Goldman Sachs 01 97.9%
  • JPMorgan No 97.3%

Total Avg Compensation

September 2026 Investment Banking

  • Vice President (16) $429
  • Associates (53) $259
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (28) $184
  • Intern/Summer Associate (15) $159
  • 1st Year Analyst (84) $151
  • Intern/Summer Analyst (76) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”