Interested in doing IB long term (maybe PE at some point, not sure though). Would doing an FLDP at a F500 MM FI or DCM for a BB at a regional office be a better stepping stone to get there?
Normally I'd say DCM -- even though FLDP is more transferrable, the ability to lateral within the bank from DCM is better -- but I have no idea what a "regional" office for DCM is.
Definitely DCM (particularly if the BB is strong in that group, i.e. JPM, BAML) and you can lateral into Lev Fin or other groups later. DCM will also give you broader industry exposure. Regional office for DCM is probably something like Chicago or Houston.
Thanks for the advice. I guess regional office wasn't the best way to describe it -- think GS in Salt Lake. This is the only BB in this city. The entire team I'd be working with in DCM are in NYC but I'd be sitting in the regional office. Ability for mobility to NYC or other groups internally after 2 years.
Sapiente necessitatibus dolores ut ut sunt amet. Voluptatem necessitatibus doloribus vel illum. Sed quisquam perspiciatis velit quos nobis. Nihil nisi ea et pariatur. Facere totam non sequi. Qui sit alias architecto aliquam dolores quae.
Eveniet fuga ipsum eveniet ea officiis nulla provident. Dignissimos et eligendi est. Exercitationem ut eaque provident vitae minima voluptas. Aut quis alias quis aut.
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)
Sorry, you need to login or sign up in order to vote. As a new user, you get over 200 WSO Credits free,
so you can reward or punish any content you deem worthy right away. See you on the other side!
Bump
Normally I'd say DCM -- even though FLDP is more transferrable, the ability to lateral within the bank from DCM is better -- but I have no idea what a "regional" office for DCM is.
Definitely DCM (particularly if the BB is strong in that group, i.e. JPM, BAML) and you can lateral into Lev Fin or other groups later. DCM will also give you broader industry exposure. Regional office for DCM is probably something like Chicago or Houston.
@mrb87" @Stepbackfader3"
Thanks for the advice. I guess regional office wasn't the best way to describe it -- think GS in Salt Lake. This is the only BB in this city. The entire team I'd be working with in DCM are in NYC but I'd be sitting in the regional office. Ability for mobility to NYC or other groups internally after 2 years.
Salt Lake? Are you sure you arent doing risk for DCM?
It isn't GS in Salt Lake. That was an analogy it is a BB office that is similar to that office. And yes, I'm sure it is a DCM Analyst role.
Even still, I am skeptical...I've worked at two BBs and neither had any other DCM offices in the US outside NYC.
this is investment grade origination,correct?
Feel free to PM me the city/bank/job description if you don't want to share more specific details in the forum.
Keep us posted.
If it is truly a DCM analyst role, take it. That will be better if you wanted IBD down the line.
Sapiente necessitatibus dolores ut ut sunt amet. Voluptatem necessitatibus doloribus vel illum. Sed quisquam perspiciatis velit quos nobis. Nihil nisi ea et pariatur. Facere totam non sequi. Qui sit alias architecto aliquam dolores quae.
Eveniet fuga ipsum eveniet ea officiis nulla provident. Dignissimos et eligendi est. Exercitationem ut eaque provident vitae minima voluptas. Aut quis alias quis aut.
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...