A recent study by Alexandra Michel of the University of Southern California explores whether working on Wall Street has an impact on health. In the study, Ms. Michel followed incoming associates at two investment banks for a period of nine years (she studied two incoming classes so the study is 10 years). Ms. Michel was herself an associate at a Wall Street bank before entering academia. The results of the study are interesting: in years 1 to 3, the associates were able to control their bodies and work up to 120 hours a week (in some cases) and be highly productive for the banks. However, beginning in year 4 the bodies started breaking down. Some of the ailments were colds, flu, heart problems, insomnia, cancer, alcoholism and depression. There's more to the study, but based on my experience as an investment banker, the study rings true.
Here's a link to a Los Angeles Times story on the study: http://www.latimes.com/business/money/la-fi-mo-wall-street-health-20120215,0,1521210.story?track=rss
Here's a link to a Time magazine article on the study: http://business.time.com/2012/02/17/study-working-on-wall-street-is-bad-for-your-health/?iid=biz-main-lede
Here's a link to the study: http://asq.sagepub.com/content/early/2012/01/30/0001839212437519.full.pdf+html
Here's a link to a Los Angeles Times story on the study: http://www.latimes.com/business/money/la-fi-mo-wall-street-health-20120215,0,1521210.story?track=rss
Here's a link to a Time magazine article on the study: http://business.time.com/2012/02/17/study-working-on-wall-street-is-bad-for-your-health/?iid=biz-main-lede
Here's a link to the study: http://asq.sagepub.com/content/early/2012/01/30/0001839212437519.full.pdf+html
