DCM Interview - Course Recommendation / Reading ?

Based on the most helpful WSO content, here are some recommendations to prepare for a DCM (Debt Capital Markets) interview:

Courses:

1. WSO Investment Banking Prep Course: This course covers various aspects of investment banking, including DCM. It provides a comprehensive understanding of the processes involved in bond origination, pricing, and execution.
2. WSO Financial Modeling Courses: These courses can help you understand the financial models used in DCM, which is crucial for your interview preparation.

Books:

1. "Debt Markets and Analysis" by R. Stafford Johnson: This book provides an in-depth look at the debt markets, including the intricacies of DCM.
2. "Fixed Income Analysis" by Frank J. Fabozzi: A comprehensive guide to understanding fixed income securities, which is essential for DCM roles.

Additional Tips:

• Understand the Day-to-Day Role: Based on previous WSO threads, it's important to know the daily responsibilities in DCM, such as monitoring markets, working on bond issuances, and interacting with clients.
• Non-Traditional Routes: If you have a background in commercial or corporate banking, leverage that experience as it can be a pathway into DCM.

Good luck with your interview!

Sources: Debt Capital Markets - Is it IB?, BB Debt Capital Markets - Exit Opps / Comp, Investment Banking vs. Capital Markets - How different are they?, ECM/DCM for Career Banking, Can ECM/DCM refer for investment banking positions?