DCM Exit Ops
Hi everyone,
I've seen some good threads on this topic, but was wondering if anyone had any recent experiences or stories to share on this. I was wondering what kinds of opportunities exist after doing a stint in DCM, both internally and externally. I enjoy the job, but I have realized this is not what I want to do long term. I enjoy markets, so I think S&T could be a good fit, but I understand they hire on a need-basis in that role so who knows. Could see myself in banking, as I do enjoy the advisory work, but also don't know how natural that transition would be considering pricing debt issuance really isn't rocket science so I don't know if I have the transferrable skillset for that. Would prefer to stay at the bank I am at now, but am open minded.
Thanks all!
Bump
Curious as to what you ended up doing. Thinking about switching to DCM from coverage because i want to be more on markets side. Thinking about S&T as well but worried it's too drastic of a change. Long-term Credit HF is the goal.
I went to a bespoke ECM group that models (won't say more for Opsec).. currently interviewing for Growth Equity roles and thinking of lateraling internally to coverage for a few months - not because I will learn much more but rather to just expedite recruiting. Recruiters DO hit you up for buy side in ECM, I am just not the best at interviewing / need more polish so that is on me.
Unless you know you'll likely be a superstar trader, you may likely make more money in DCM over the long term and have an easier time switching into IB.
S&T is a bit of a crapshot with stability
People go to Credit funds all the time from DCM. You can also exit to corporate finance easily
This should be feasible. It is possible to go to coverage ib
People go to Credit funds all the time from DCM. You can also exit to corporate finance easily
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