Which Investment Banks Drug Test for FT?
Im curious if some firms like WB, HW and RJ test analysts for marijuana use when they start? Does anyone know? Thanks in advance
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Based on the most helpful WSO content, drug testing policies can vary significantly between firms and regions. While some banks may conduct drug tests closer to the onboarding process, others might not test at all, especially in locations where marijuana use has been legalized. For example:
Timing of Drug Tests: Drug tests, if conducted, are typically closer to the onboarding date rather than at the time of offer acceptance. This aligns with comments suggesting it wouldn't make sense to test months before the start date.
Regional Variations: In places like New York City, drug testing for marijuana has been restricted since May 2020, which could influence policies for firms operating there.
Specific Firms: While there isn't explicit information in the WSO threads about William Blair (WB), Houlihan Lokey (HW), or Raymond James (RJ) specifically testing for marijuana, it's worth noting that drug testing policies can differ by firm and even by division within the same firm.
If you're particularly concerned, it might be helpful to reach out to HR or current employees at these firms for clarification.
Sources: HFF Drug Test Summer Intern, Drug Test for SA roles, Drug Tests for incoming SA/FT analysts in midst of corona?, Do they test for marijuana anymore? (CA), Will Banks rescind SA offer if I fail drug test ?
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