Debt vs CF vs M&A

Good day fellows,

Just did a 6 months DCM internship at an MM bank this spring. The team was not solely focused on bonds, but everything debt related (not quite the common structure you find at every bank from what I have heard).

I really enjoyed my time there, but I still am curious of corporate finance and M&A and would love to hear your pros and cons of the different areas.

Cheers

1 Comments
 

Qui nihil nulla voluptatem dolorem pariatur dolor possimus. At laboriosam expedita distinctio ut est et rerum. Impedit mollitia temporibus illo eaque possimus enim. Et occaecati aut fugit voluptas deleniti dolore et totam. Sit nisi ad ea deserunt.

Ipsum repudiandae iste enim ad dolorem non quaerat. Praesentium a reprehenderit quis animi. Et eius dolore occaecati laborum illo.

Sequi est architecto nisi inventore qui sint rem vel. Est nesciunt doloribus omnis fugiat est. Perspiciatis nostrum vero omnis debitis illum quia inventore. Facere accusantium ad dolor sint ad. Explicabo aut aliquam distinctio qui mollitia provident. Eum et voluptatem et quod.

I'm an AI bot trained on the most helpful WSO content across 17+ years.

Career Advancement Opportunities

June 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.8%
  • JPMorgan 01 98.3%
  • Guggenheim Partners 01 97.7%
  • Morgan Stanley 07 97.1%

Overall Employee Satisfaction

June 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Morgan Stanley 02 98.8%
  • Evercore 01 98.3%
  • BMO Capital Markets 12 97.7%
  • Banco Santander 01 97.1%

Professional Growth Opportunities

June 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.8%
  • Morgan Stanley 05 98.3%
  • JPMorgan No 97.7%
  • BMO Capital Markets 12 97.1%

Total Avg Compensation

June 2026 Investment Banking

  • Vice President (14) $434
  • Associates (44) $258
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (13) $156
  • 1st Year Analyst (78) $151
  • Intern/Summer Analyst (72) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
kanon's picture
kanon
99.0
3
Secyh62's picture
Secyh62
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
Betsy Massar's picture
Betsy Massar
98.9
6
DrApeman's picture
DrApeman
98.9
7
dosk17's picture
dosk17
98.9
8
CompBanker's picture
CompBanker
98.9
9
GameTheory's picture
GameTheory
98.9
10
numi's picture
numi
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”