Deutsche Global Markets Program

Hi WSO,

I've recently accepted my offer at Deutsche in Frankfurt (yes, I'm aware of the situation of the bank at the moment). I feel like there is a good fit there and am looking forward to starting the the Global Markets rotational program. I have worked in 2 PWM shops in my home country, a national name and a boutique, as well as a boutique M&A shop in Germany. The M&A internship will probably be the most relevant experience, and since it was a smaller firm the deals were mostly private markets.

The Global Markets program, as it was explained to me, is a rotational program between sales, trading, DCM, and structuring. Because of my experience in private markets, I'm leaning toward DCM and structuring, to avoid the totally unfamiliar s&t. However I also feel like it would be good to experience it all and broaden my horizon.

Has anyone been through this program or currently work in GM at Deutsche (or a similar bank) and can offer some advice?

Thanks Squad

15 Comments
 

Yeah? I'm okay with that structure, but I thought I had the choice of my rotations. Did you go through this program, or what are you basing that off?

 

You have (somewhat) of a choice with your rotations. HR asked for your top preferences for groups/teams and they'll do the same for all the intern managers for each team. It's your job during the placement day to connect with the right people so that the teams you want to rotate through place you high on their preferences list.

 

DB is great in FX, don't know much about the credit side.

Jack: They’re all former investment bankers who were laid off from that economic crisis that Nancy Pelosi caused. They have zero real world skills, but God they work hard. -30 Rock
 

Apologies for the slight hijack, but I was wondering if someone could shed some light on the Global Markets interviews for analysts? I've interviewed at a few of the BB's, and surprisingly I have not received a brainteaser or math question yet. Was wondering if DB was known for doing this or any other type of interviewing style?

 

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