My First Day
Had my first day today, working in DCM. It was pretty cool; my desk is right on the trading floor. The day went by pretty quickly but so far my tasks seem pretty simple -- the bulk of the work seems to be to copy/paste info and send it out as a market update. Can someone here encourage me that eventually, with hard work, I'll be given more meaningful things to do?
I was tasked with listening to a conference call and taking notes, so that was pretty cool.
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I'm sure your role would
I'm sure your role would change with time.
Haha
My first day I did even less than you. But hopefully it gets better for all of us.
Just to add: Yes, I
Just to add: Yes, I understand I won't be given the responsibility of sourcing/structuring/modelling shit -- summers know way too little and can fuck up way too much. But I always hear people say stuff like: "Within 20 minutes, I was given so-and-so cool duty," so what I did sounded meaningless.
If any of you guys want to add what your first day was like, feel free.
I am a bit surprised about
It's different from a firm to another..
above poster is sick
above poster is sick
haha
haha.
guys don't worry aobut what you are doing in on the first day. key thing about this business is patience and longevity (I need to remind myself of that sometimes).
Do you think that Joe Perella knew how to do what he was doing on the first day of work?
Your responsiblilites will
Your responsiblilites will develop over time. RELAX. As the new guy/girl, you're gonna get all the tasks that no one else wnants to do.
However, in DCM/ECM, your role is pretty standard, write market-updates (not simply copy/paste), sit on conference calls and ask syndicate for pricing. Mix into that a few client meetings, the occasionaly roadshow and that is the typical analyst experience on the capital markets side.
My first day wasn't that productive. Spent about half the day getting everything all set up (log-in, e-mail, blackberry, etc), meet the team, sat through a client meeting, read through a brief overview and that was the day.
Relax and enjoy. The
Relax and enjoy. The responsibilities will come. For now, show initiative, observe the others in action and network.
did someone invite you out
did someone invite you out for lunch or did you eat with the other summer analysts at the desk?