Do the top investment banks in NYC drug test their new recruits?
December 28, 2006 8:21 PM Subscribe
I am looking to apply for an entry-level position at some of the large investment banks in NYC (Goldman Sachs, Bear Sterns) as well as some smaller ones. I have friends that work in banking and are encouraging me to become a junior analyst. Do they drug test? How extensively?
posted by anonymous to Work & Money (18 answers total)
Some cursory searches reveal that temp jobs and administrative positions are drug tested at Goldman, which is not what I am applying for. I smoke once a day usually and quit as of yesterday.
My friends are offering me a great opportunity for a leg up (apparently these banks are mythically hard to get into) and I do not want to shoot myself in the foot. I was planning on going in and interviewing within a month but if someone has some first hand experience it would really help -- I'm somewhat stressing out over this. Here's some more background:
- Since graduation a month ago I have taken what can be deemed as an internal consulting job a non-finance related firm. I am family friends with a few executives at the company and work closely with them. I did not interview or do a resume. As you may have inferred the hiring process was very informal and was never drug-tested (nor did it cross my mind).
- I do not want to go to the friends inside the banks because they are largely contacts I have made in an informal setting. While I know them well (and them well enough to ask me to get into finance), I do not know feel comfortable asking them about how drug testing works within the company, I do not know their own views toward drug use well enough.
- I would believe it to be rude to stall any interviews or tell them to get back to me in several months. They are doing me a very large favor, not to mention how odd delaying it might seem.
I'm mainly concerned with reports of tests more invasive than just urine. I don't believe anything will be rolling faster than 3 weeks or so (which time I should be clean). I would have stopped months ago if I knew I was going to get into finance, but this sort of fell in my lap.