BB DCM vs. MM PE shop

Hi, I am a fresh graduate weighing a top 3 BB DCM analyst between an MM PE shop (only invest in private company with small dealflow) offer. Assuming the long term goal is doing PE, which one would you choose?

5 Comments
 

comparing the group..which did you have a better connection with?

btw..i thought BBs were done recruiting for ft a while ago..did you get it via cold calling/emailing?

"Striving for excellence motivates you; striving for perfection demoralizes you"
 

Need way more specifics. What does "small deal flow" mean? Small deals or few deals? What type of AUM? How many funds have they raised? # of employees? How many junior employees vs. seniors? Is the comp competitive? Will you be sourcing, doing execution, or both? Any geographic preferences?

Assuming the long term goal is PE, I would imagine that PE would be a good place to start, especially since DCM isn't really geared to feed into PE.

"For I am a sinner in the hands of an angry God. Bloody Mary full of vodka, blessed are you among cocktails. Pray for me now and at the hour of my death, which I hope is soon. Amen."
 

Fuga sunt molestiae ea omnis neque. Quo impedit necessitatibus id soluta exercitationem explicabo illum. Provident quod nulla quaerat. Reprehenderit similique ad consequuntur doloremque labore deserunt doloremque deleniti. Aut eaque repellendus ea dolore quia.

Career Advancement Opportunities

July 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.3%
  • Guggenheim Partners 01 97.7%
  • Morgan Stanley 07 97.1%

Overall Employee Satisfaction

July 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Evercore No 98.9%
  • Morgan Stanley 01 98.3%
  • BMO Capital Markets 13 97.7%
  • Banco Santander 01 97.1%

Professional Growth Opportunities

July 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 06 98.3%
  • Goldman Sachs 01 97.7%
  • JPMorgan 01 97.1%

Total Avg Compensation

July 2026 Investment Banking

  • Vice President (16) $429
  • Associates (46) $258
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (14) $159
  • 1st Year Analyst (80) $150
  • Intern/Summer Analyst (73) $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
kanon's picture
kanon
99.0
3
Secyh62's picture
Secyh62
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
GameTheory's picture
GameTheory
98.9
6
Betsy Massar's picture
Betsy Massar
98.9
7
DrApeman's picture
DrApeman
98.9
8
dosk17's picture
dosk17
98.9
9
CompBanker's picture
CompBanker
98.9
10
Linda Abraham's picture
Linda Abraham
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...”