Dear all,
I’ve been working as a DCM IB Analyst for 2 months and would like to receive some tips on where I can learn the advanced technicals such as NIC(NIP), converting from T to SOFR, bond comps, etc.
if any experienced DCM people can share links / book recos, it would really be appreciative!
Thanks all
| +157 | Americas M&A League Table Q2 Updated | 69 | 1h |
| +132 | New Article: Dramatic Slide as UBS #22 (US) & New Leadership Desperately Needed | 25 | 1d |
| +71 | Restructuring: Anti-climactic Experience | 15 | 28m |
| +67 | A COMPLETE GUIDE TO SUMMER INTERNSHIP RECRUITING | 12 | 9h |
| +50 | Boutique firm wants access to my LinkedIn? | 40 | 9h |
| +47 | IB Net Worth / Savings Check | 20 | 6h |
| +36 | Investment Banking is Hard | 14 | 14h |
| +33 | Investment Banking in Mexico | 9 | 2d |
| +25 | PWP vs BofA | 21 | 4h |
| +21 | Excel macros for QOL formatting | 0 | 5d |
Career Resources
Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling.
Interested as well
I was wondering if you could share how have you liked the job so far and what has hours/ lifestyle has looked like?
Hoping to drive traffic to this thread
Long hours as expected - our firm does have decent deal flow. Probably 4 to 5 mandated deals happening every month. I don’t think excel skills are that important compared to M&A or ECM, ppt skills and understanding macro definitely helps. DCM is definitely stable but isn’t too fun either.
Looked at a previous WSO threads and couldn’t find anything unfortunately. Hopefully someone engages with your thread soon.
Thanks for the color on Excel/PPT and the macro component. Have heard that it’s more stable than ECM as well and has a bit more varied exit opps. As for hours, it’s an investment banking product group, so that makes sense. Feel free to correct but assuming it’s about 70 hrs as an analyst that scales down to 65 or so hours as you reach the associate 1/2 level and 60 hrs afterwards.
Seem like you’re liking the work overall if you’re interested in building your DCM knowledge. Good luck ahead!
You learn that all on the job, takes 2 sec
I feel like I learned all of that back when I was interning lol
Quibusdam at animi fugit quod. Minima deserunt et ea est consequatur odit. Qui nesciunt expedita deserunt magnam beatae sit necessitatibus mollitia. Accusamus id eum laboriosam aut sapiente molestiae.
Nihil dolorem odit occaecati omnis inventore harum eos sequi. Soluta assumenda non veniam sint sunt quidem. Est veritatis dolorum asperiores provident ipsam.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...