How often do Banks test for drugs ?

Is it just the standard test before you start work ? Or do they continually test you throughout your Analyst stint ?

I need to know because I smoke a lot of pot and I'm worried I may have to stop once I start working.

This is a serious question, so don't bother fucking around in here.

 

they might not check, but if you come into work smelling of pot(which is a possibility considering the type of hours and demand for your free time[can't schedule smoking around your work schedule), they'll probably have a talk with you.


Disclaimer: The post above has been made by someone who is not currently employed in IBD, and has not had an interview yet...

 

Here's my following model: fgt + immaturity = asshat. Let me expand and define the following:

fgt - the Good Will Hunting's of this board who have no real experience, but spew second hand information and create all this noise pollution. Yeah we don't have to read your posts...but you could do the rest of the community a favor and shut the fuck up.

immaturity - College kids. People like Mrs. Zala, Danfgtbush, and that stupid kid with the icon of stewey from family guys...btw, I used to like every character on the family guys, and now have a negative association with stewey because of your annoying posts. Your existence has ruined my enjoyment of the show.

Asshat - those who have their head so far up their own ass, that the little bump on their neck is really their nose.

Am I alone on this, or does anyone else feel they should shut the hell up?

aspiringmonkey:
they might not check, but if you come into work smelling of pot(which is a possibility considering the type of hours and demand for your free time[can't schedule smoking around your work schedule), they'll probably have a talk with you.


Disclaimer: The post above has been made by someone who is not currently employed in IBD, and has not had an interview yet...

 
hobbes:
blah blah blah
get aids from blowing a monkey. If I was purpusefully decieving people by claiming to be an analyst, then I'd agree with you. But my status is listed in like 3 different places...so if you are a moron who still takes my advice w/o double checking then its your own fault.

know whats funny, I could come on here claiming to be an associate or analyst, and you'd be eating out my ass trying to gain my approval.

Just look at Dan Bush, when he claimed to be an analyst everyone was on his nuts.

 
irrationalexuberance:
Though I respect your willingness to help as a fellow prospective analyst, why in the world you want to extrapolate on something you have absolutely no idea about? "They'll probably have a talk with you"?? What basis in reality and rationale do you have for that conclusion? You are wasting bandwith with things like that.
because at my last job someone came in smelling of pot. The HR had a talk with him and gave him a warning. Then a week later he did the same thing and was fired. Its really common sense, which a lot of you guys seem to be astonished by.
 

aspiringmonkey, wasn't your last job at a mail center? Do you honestly think people in corporate finance/front office will be held to the same standard?

What's the point of answering most questions that appear on this board when you lack actual experience? When people get frustrated by this you are not getting picked on; in actually your posts are annoying.

 
fp175:
I was thinking the same thing IE. Besides why would anyone come to work smelling like pot?! I mean, wouldn't someone change out of their work clothes first?
Pot smoke actually lingers around, and sticks to your clothes etc. Kinda like regular cigarettes. Ever drive a car where a person is a smoker? Even when their cigarette isn't lit, you can smell the smoke.
 
Best Response

could care less about your opinion coog, noone is forcing you to read my posts. And if you want to prove me wrong, smoke some weed and go to your job smelling of pot. We'll see how that flies for you.

You don't need actual experience to have common sense. I bet people like you are the ones who think they are better than everybody because they are a banker. Joke is on you, while you are stuck in the office for 100 hours per week people are out enjoying life. When you are stuck in the office 80 hours per week when you get into PE, people are out enjoying life, working 40 hours per week to support themselves. People like you have fucked up priorities, you think money and prestige is all that there is to life. Sure you'll retire early with a big wad of cash, but then you'll realize you spent your whole life working.

Man wasn't born to sit in a tiny cubicle in front of a computer screen crunching numbers. And that quote was in regards to a 40 hour work week


Disclaimer: The post above has been made by someone who is not currently employed in IBD, and has not had an interview yet...

 
aspiringmonkey:
Joke is on you, while you are stuck in the office for 100 hours per week people are out enjoying life. When you are stuck in the office 80 hours per week when you get into PE, people are out enjoying life, working 40 hours per week to support themselves. Man wasn't born to sit in a tiny cubicle in front of a computer screen crunching numbers. And that quote was in regards to a 40 hour work week

You have 1300+ posts... so while analysts have been working 80 hours a week pulling in 60 after taxes you have spent 80 hours a week earning bananas.

Man wasn't born to sit in his room in front of a computer screen making fun of people at work.

 
tiesto:
You have 1300+ posts... so while analysts have been working 80 hours a week pulling in 60 after taxes you have spent 80 hours a week earning bananas.

Man wasn't born to sit in his room in front of a computer screen making fun of people at work.

you are obviosly either retarded, or a slow reader.

and yes I do plan to be an associate after MBA. And to those that say you need to be an analyst prior...you are retarded. 90% of people in MBA programs have no ibanking experience. And yes an analyst might be more familiar with modelling for 6 months or so...but its not rocket science and an associate will pick it up eventually.

 

dude, isnt that the reason that you're on this board? Because you aspire to live that kind of life? You are an "aspiring monkey" afterall. Why would you possibly spend 90% of your day on this message board for bankers and prospective bankers, if you weren't interested in living the life that you so vehemently just put down?

I think you're the one who needs to get their priorities straight.

 

who said anything about 90% of my day? And I no longer aspire to be an analyst. Associate maybe, at least at that level the pay corresponds to the sacrifices you are forced to make. + this way I'll get to enjoy my 20s, and have the free time to enjoy life.

But we'll see how life works out, there is a destination, but I'm in no hurry to arrive there.


Disclaimer: The post above has been made by someone who is not currently employed in IBD, and has not had an interview yet...

 

I sure hope he doesnt become an associate without doing the analyst stint.

From my experience and all my friends at other banks, associates that were never analysts are WORTHLESS. All the analysts in my group clown on the associates that barely know any finance.

MBA school is a two-year party and a joke. I know 2nd years (and a few first years) that can run circles around associates. If it were up to me, associates would be analyst promotes or first year associates with no analyst experience would have to go through what amounts to a third year experience before they made true associates.

Sorry a bit off topic, but a first year newly minted MBA associate is trying to tell me how to build my model. The guy doesnt even know the difference between convertible and bank debt. Pisses me off.

 

Back to the original topic: No tests once you start working, Seanc... unless they have reason to suspect. I would be very, very cautious if you choose to smoke pot as an analyst. It takes forever to get out of your system, it clings to your hair, your clothes, everything. You certainly can't smoke before/during work. And if you smoke in your apartment, the clothes in your closet will very likely smell of pot.

I can't really see how you'd do it, honestly. Unless you went out and smoked on the street outside your apartment building, which isn't a good plan either.

 

COME ON - SeanC here is a serious pothead with a serious question. he asked you guys not to fuck around and we still managed to turn this into the usual.WTF????!!!!!! the usual is when somebody posts a thread, as soon as assmonkey replies with a pretty genuine comment, somebody tells him to stfu, making sure to rub it in real good that he is unemployed. next, assmonkey replies within 0.001 seconds blah blah blah...

2 things:

why so much negativity?

why pick on assmonkey? ok he does not have any experience on the street. give him a break at least in this thread - no finance knowledge required. OP asked a common sense question so everybody can pitch in. I don't really want to single anybody out but coog, if his posts annoy you and you are well above him on all levels. don't read. don't waste your time on personal attacks. i think that after 1k+ posts its going to be pretty hard to get under his skin.

assmonkey - come on man. get your shit straight. don't try to rationalize the fact that you did not get into IBD and turn it into a "good" thing because you will now enjoy life. Are you saying that if I was to offer you a job at BofA you would not take it?

basically...take it easy and i did not mean to sound like forum police.

ok no more fucking around...on to some serious shit here seanC - seeing that you will be done around 2am. if you want to smoke a few fatties after work, wake up in 4 hours and than stare at your comps for the next 15 hours....i think sooner or later your eyes will pop out, you will start leaking white eye-stuff and bleeding from you sockets. You will probably pass out from pain in your cubicle. Nobody will notice until OneSource comes to clean up the mess in the morning. In a few days you will be replaced by assmonkey.

 

yes higher I would take it....but now that I've put things in perspective for me, I would not be as eager as I once was. It wouldn't be "Halleluiah, I'm analyst", instead it would be "well there goes my youth"

and yes I do tend to see the brighter side of things in life. No sense in focusing on the negatives, especially those in the past. That'd be a crappy way to live your life, since you are never happy.


Disclaimer: The post above has been made by someone who is not currently employed in IBD, and has not had an interview yet...

 

Drug tests aren't "prominent in the industry". Finance is just like any other career field, you'll take a piss test when you take a new position. That's it. It's not like the military where you get "random" piss tests every few months. I never got tested for my summer internship (even though they said they would), but I did get tested when I accepted my full-time offer. I won't get tested again unless I switch firms. Pretty standard, really.

 
skins1:
Drug tests aren't "prominent in the industry". Finance is just like any other career field, you'll take a piss test when you take a new position. That's it. It's not like the military where you get "random" piss tests every few months. I never got tested for my summer internship (even though they said they would), but I did get tested when I accepted my full-time offer. I won't get tested again unless I switch firms. Pretty standard, really.

he is absolutely right, i've taken a drug test for every job since high school

 

I drink alcohol. Lots of it. My liver is not dead, nor have I died from poisoning.

One can make the point that perhaps I do not drink enough alcohol to have an adverse effect. Sure... and I also don't drink enough water to die from water intoxication. Nor do I inhale enough carbon monoxide (a common exhaust gas here in New York) to die of carbon monoxide poisoning. So let's not get hysterical, eh?

This guy just has some bizarre thing against alcohol.

 

I have nothing wrong with alcohol, but alcohol is just as much a drug as any other drug - it alters your state of mind. People just have a viewpoint that alcohol is ok because it is legal.

 

Rerum repudiandae voluptas qui. Nam quia omnis vel hic laboriosam aut amet. Enim eum debitis accusantium qui. Aperiam blanditiis et iste molestiae sit. Atque distinctio enim qui debitis quis animi.

Non molestias laborum consequatur suscipit. Neque et soluta sit nisi sunt iure et. Mollitia accusantium eveniet nihil saepe dolor alias et. Voluptas quo nobis asperiores voluptatem et iste dolores.

Labore ipsam eius atque eaque laborum. Odio eveniet eos perferendis exercitationem error dolorum earum occaecati. Voluptate iste eos enim et cupiditate rerum. Molestiae facilis magnam ut. Et vel error nihil enim voluptatem earum.

Nobis ea inventore quia eius corporis in. Quia quidem qui quos expedita. Voluptatem ad sed dolor officia et sapiente quo.

 

Enim assumenda tempora rerum culpa ut et est. Sed distinctio et qui neque quia. Omnis sed quia recusandae amet.

Quia tempore autem qui est laboriosam. Architecto perspiciatis consequatur magnam tenetur recusandae ea. Deleniti ratione deserunt magnam aut nam.

Dolorum delectus ut aut quas. Molestiae nam et quia omnis cupiditate. Eos consequuntur nihil aut illum. Dolor molestias eveniet blanditiis exercitationem et.

Voluptatem qui ut reprehenderit reiciendis vitae. Nobis nemo a blanditiis dolores. Fugit reiciendis cupiditate animi dolor nemo dolorum.

Career Advancement Opportunities

April 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. New 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 03 97.1%

Overall Employee Satisfaction

April 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

April 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

April 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (86) $261
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (145) $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

1
redever's picture
redever
99.2
2
Secyh62's picture
Secyh62
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
Betsy Massar's picture
Betsy Massar
99.0
5
dosk17's picture
dosk17
98.9
6
GameTheory's picture
GameTheory
98.9
7
kanon's picture
kanon
98.9
8
CompBanker's picture
CompBanker
98.9
9
Linda Abraham's picture
Linda Abraham
98.8
10
numi's picture
numi
98.8
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...”