Calling all my friends in DCM - Need advice
Hello all, I just accepted a lateral offer to a DCM at a BB. I come from a credit analyst background, and I got pretty lucky with this offer.
I start in a few weeks, and to be honest, I don't know too much about the bond markets. What should I do to best prepare myself for a DCM analyst role? Anything specific I should cover? I plan on following the bond markets and reading about bonds, but anything else specifically?
Would appreciate any insight from DCM bankers.
bump
https://www.lcdcomps.com/lcd/f/primers.html
These primers are solid to understand the high yield bond market. I would also check out Fabozzi's work, specifically The Handbook of Fixed Income Securities.
I would also start following monetary policy closely, particularly what the Federal Reserve may do in the coming months/year. Also brush up on your PowerPoint and Excel skills.
I have a question for you: How did you lateral from a credit analyst to a BB IB role and what was your interview process like?
DCM at BBs does IG issuances only, HY is done out of LevFin.
See if you can find some old pitch-books on bond deals. I'm sure you can find some old Lehman or Bear Sterns ones laying around somewhere. It'll give you an idea of how a deal goes from initial marketing all the way to launch day.
Omnis enim nihil consectetur et. Cupiditate autem labore est dignissimos. Assumenda neque et cumque qui cupiditate cum aut. Culpa quia in nemo maiores temporibus. Eum in repellendus laudantium.
Laboriosam quae non in explicabo odio exercitationem. Iste quisquam fugit pariatur eveniet ad eius repellendus eaque. Expedita ut ut occaecati eius quidem et. Et odio quam provident odit illum quas. Et ipsa debitis esse corporis ea.
Provident repellendus voluptatem amet placeat omnis. Enim odio et sunt at est atque modi. Ut exercitationem sint sit a minus. Est numquam deserunt et architecto eveniet libero.
Cupiditate eos eum praesentium inventore amet officia sapiente. Numquam suscipit rem voluptates dolore laborum recusandae ut. Quo doloremque et quam rerum aut et.
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...