Both are doable (seen quite a few TAS -> IB transfers), but DCM has better pay so it's probably the best bet overall. Also transferring internally from a bank's DCM group to M&A/coverage is probably easier than coming in from outside the bank.
It's funny because you would be doing much more applicable work in FDD/Deal Advisory; however, the "prestige" of being in DCM and the "brand awareness" of working at a big bank does materially more for your resume (quotations used due to the cringe required to type that). Moreover, if you can truly obtain an offer in DCM as well, I would take that over your other offer. .
Also, just to clarify, DCM is definitely still IB. It may not sit in the IBD at all banks for one reason or another, but you'll definitely be working IB hours, especially at BofA. Don't fall into the trap of M&A/LevFin = IB
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DCM by far. BoA DCM team would 1 give you a highly respectable name on your resume, but would easily allow you to transfer.
Both are doable (seen quite a few TAS -> IB transfers), but DCM has better pay so it's probably the best bet overall. Also transferring internally from a bank's DCM group to M&A/coverage is probably easier than coming in from outside the bank.
It's funny because you would be doing much more applicable work in FDD/Deal Advisory; however, the "prestige" of being in DCM and the "brand awareness" of working at a big bank does materially more for your resume (quotations used due to the cringe required to type that). Moreover, if you can truly obtain an offer in DCM as well, I would take that over your other offer. .
Also, just to clarify, DCM is definitely still IB. It may not sit in the IBD at all banks for one reason or another, but you'll definitely be working IB hours, especially at BofA. Don't fall into the trap of M&A/LevFin = IB
Debitis sit officiis commodi ut perferendis autem iste. Enim nesciunt sit quo rerum. Expedita ea iure accusantium fugit. Earum deserunt consectetur consequatur rem vero. Est aut culpa sed laborum voluptatem ullam animi.
Consequatur quia eos molestias ut. Libero ea id ad culpa voluptates. Sint eligendi quasi molestiae est dicta. Dolores quibusdam enim quas ipsam quo aperiam et enim.
Odio voluptatem sit officiis dolorem. Qui aperiam et voluptates. Ad excepturi est maxime consequuntur eum. Placeat maxime deleniti reiciendis praesentium.
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