Drug Use in The Finance Industry

I recently had a marketing internship where my boss was a huge drug user. She has stated she couldn't survive without weed and loves tripping on acid. She was 'the cool'.

How prevalent is drug use in the finance industry? Couldn't care much about the answer, just board and curious.

 

Drug use I think is fairly common. Im going to guarantee some of the higher ups at my current company indulge. My former boss had the constant sniffles Im assuming from an extracurricular drug related hobby of his.

 
Most Helpful

Not at all. Drug use (especially illicit drug use) in finance is unheard of. Most people find great fulfillment and motivation from the profession itself. I've never heard of someone having to use external substances (coffee, energy drinks, prescription amphetamines or cocaine) to temporarily boost their productivity. I believe it comes from the will to succeed and the love for the job. That's what gets you through 80-100 hour weeks. And because people have had such a pleasant week, evenings are often for personal reflection and meditation. Rarely do people attempt escapism with alcohol or weed. Finance professionals are very anti-drugs.

 
m_1:
Well, first of all, weed and psychedelics aren't really drugs or remotely addictive. Cheeseburgers are literally harder to quit.

Second, provided someone is stable and performing, it doesn't matter at all.

Ahh yes, the science on drug addiction that says drugs are ok, because the scientists are making the drugs and hate meat.

 

You are either incredibly naive or sadly in denial. Weed isn't addictive? I'm not super against weed - in fact I grew up around (prob way too much of) it since I am from one of the first two states to legalize it.

I had 4 roommates sophomore year of college. Three years later, one is currently in rehab for weed and a few other things (been there since dropping out after soph year), one literally smokes weed every second of the day, and the third dropped out during junior year and is now in a legit gang (this kid came to college on a full diversity scholarship). Oh and the one who smokes every second - I'm talking about wake up dab rips, bong rips in the shower, edibles for breakfast, smoking blunts /vaping his Pax while walking to class, leaving each lecture 2-3x to smoke weed outside, rushing back to our house between every class to take dab rips, then smoking continuously until he passes out around night time.

Granted some of this may be genetics (myself and one other roommate never got hooked), but I always feel compelled to say something whenever anyone claims "weed isn't addictive".

 

FYI, drug tests for cannabis in NYC are no longer allowed INCLUDING for banks so I'd imagine weed use will skyrocket from here on.

Created a 1-step skincare solution for men. Purchase + reviews appreciated: www.w34th.com
 

Quia natus qui cum exercitationem. Dolore sint id eos. Minus et est et repellat voluptatem.

Maiores et ut aspernatur laudantium molestiae et explicabo. Consequatur est dignissimos non et laboriosam. Non enim est eaque et eaque.

In dolore alias modi sed aut dicta expedita nobis. Sed error aut error aliquid atque perferendis.

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 (87) $260
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (146) $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
Betsy Massar's picture
Betsy Massar
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
Secyh62's picture
Secyh62
99.0
5
kanon's picture
kanon
98.9
6
GameTheory's picture
GameTheory
98.9
7
CompBanker's picture
CompBanker
98.9
8
dosk17's picture
dosk17
98.9
9
numi's picture
numi
98.8
10
Kenny_Powers_CFA's picture
Kenny_Powers_CFA
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...”